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
₽90725
₽68367
₽67444
₽78284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 078
trade
-
-
-
23 281
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.

-
-
-
6 125
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.

-
-
-
3 415
total
-
-
-
94 899
Employee

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

34 292
-
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.

53
-
3 415
-
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.

6 125
-
6 125
-
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.

958
-
62 078
-
total
7 136
-
71 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 208
189 500
-
-
income
23 281
28 426
-
-
trade
24 446
29 846
-
-
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.

1 281
1 564
-
-
chamber of commerce
359
408
-
-
total
49 367
60 244
-
-
Dividends
105 841
129 256
-
-
withholding
26 120
31 973
-
-
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.

1 436
1 759
-
-
total
27 556
33 732
-
-
Income
189 500
189 500
189 500
189 500
Total tax
84 059
93 976
71 618
94 899
After tax
105 441
95 524
117 882
94 601
Living cost
27 157
27 157
27 157
27 157
Free-cash
78 284
68 367
90 725
67 444

Estimated living cost  is ₽27157 per week

₽17082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63157
₽70964
₽62141
₽70178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 740
social contributions
-
-
-
2 037
municipal
-
-
-
20 938
national
-
-
-
34 360
total
-
-
-
80 075
Employee
73 299
-
163 821
-
municipal
9 054
-
21 672
-
pensions
2 932
-
6 553
-
national
14 029
-
35 967
-
total
26 015
-
64 192
-
Employer
73 299
-
163 821
-
social contributions
788
-
1 761
-
pensions
5 864
-
13 106
-
total
6 652
-
14 867
-
Corporate
104 711
189 500
-
-
income

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

20 942
37 900
-
-
total
20 942
37 900
-
-
Dividends
83 769
151 600
-
-
withholding
18 429
33 352
-
-
total
18 429
33 352
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 038
71 252
79 059
80 075
After tax
117 462
118 248
110 441
109 425
Living cost
47 284
47 284
47 284
47 284
Free-cash
70 178
70 964
63 157
62 141

Estimated living cost  is ₽47284 per week

₽32139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63095
₽132948
₽49452
₽125592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 721
microenterprise
-
-
-
-
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.

-
-
-
34 352
surtax
-
-
-
48 322
total
-
-
-
121 395
Employee
26 198
-
147 531
-
surtax
-
-
21 392
-
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.

2 882
-
11 753
-
income
4 664
-
32 638
-
total
7 546
-
65 783
-
Employer
26 198
-
147 531
-
surtax
-
-
16 228
-
social contributions

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

6 311
-
25 741
-
total
6 311
-
41 969
-
Corporate
156 991
189 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

31 398
37 899
-
-
total
31 398
37 899
-
-
Dividends

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

125 593
151 601
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
45 255
37 899
107 752
121 395
After tax
144 245
151 601
81 748
68 105
Living cost
18 653
18 653
18 653
18 653
Free-cash
125 592
132 948
63 095
49 452

Estimated living cost  is ₽18653 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1776
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.
₽4553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83656
₽56731
₽64864
₽51239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 516
pensions
-
-
-
10 505
health
-
-
-
11 056
total
-
-
-
87 077
Employee
76 564
76 564
172 838
-
pensions
13 782
10 505
10 505
-
health
11 752
9 996
11 056
-
income

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

12 532
12 532
30 062
-
total
38 066
33 033
51 623
-
Employer
76 564
76 564
172 838
-
health
5 322
5 322
6 613
-
unemployment
2 756
2 756
3 425
-
pensions
5 329
5 329
6 624
-
total
13 407
13 407
16 662
-
Corporate
100 468
99 529
-
-
income
20 094
19 905
-
-
total
20 094
19 905
-
-
Dividends
80 374
79 624
-
-
income
17 079
16 921
-
-
withholding
12 056
11 944
-
-
total
29 135
28 865
-
-
Income
189 500
189 500
189 500
189 500
Total tax
100 702
95 210
68 285
87 077
After tax
88 798
94 290
121 215
102 423
Living cost
37 559
37 559
37 559
37 559
Free-cash
51 239
56 731
83 656
64 864

Estimated living cost  is ₽37559 per week

₽26617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58137
₽66922
₽59024
₽66102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 658
other
-
-
-
9 307
unemployment
-
-
-
80
accident
-
-
-
160
health
-
-
-
4 998
municipal
-
-
-
49 590
national
-
-
-
21 138
total
-
-
-
93 931
Employee
52 073
-
164 335
-
municipal
15 528
-
49 005
-
national
-
-
20 648
-
total
15 528
-
69 653
-
Employer
52 073
-
164 335
-
accident
104
-
160
-
other
6 051
-
9 307
-
health
3 202
-
4 926
-
unemployment
1 375
-
2 114
-
pensions
5 629
-
8 658
-
total
16 361
-
25 165
-
Corporate
121 066
189 500
-
-
income
26 635
41 690
-
-
total
26 635
41 690
-
-
Dividends
94 432
147 810
-
-
withholding
28 329
44 343
-
-
total
28 329
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 853
86 033
94 818
93 931
After tax
102 647
103 467
94 682
95 569
Living cost
36 544
36 544
36 544
36 544
Free-cash
66 102
66 922
58 137
59 024

Estimated living cost  is ₽36544 per week

₽24220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82661
₽59327
₽58346
₽71927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 078
trade
-
-
-
24 315
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.

-
-
-
6 125
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.

-
-
-
3 415
total
-
-
-
95 933
Employee

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

45 467
-
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.

214
-
3 415
-
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.

6 125
-
6 125
-
income

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

3 906
-
62 078
-
total
10 245
-
71 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 033
189 500
-
-
income
21 605
28 426
-
-
trade
23 694
31 173
-
-
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.

1 188
1 564
-
-
chamber of commerce
340
405
-
-
total
46 827
61 568
-
-
Dividends
97 206
127 932
-
-
withholding
23 961
31 643
-
-
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.

1 319
1 741
-
-
total
25 280
33 384
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 352
94 952
71 618
95 933
After tax
107 148
94 548
117 882
93 567
Living cost
35 221
35 221
35 221
35 221
Free-cash
71 927
59 327
82 661
58 346

Estimated living cost  is ₽35221 per week

₽23556
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.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97281
₽109059
₽98863
₽105341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 219
social contributions
-
-
-
14 506
health
-
-
-
4 832
total
-
-
-
61 557
Employee
68 942
68 942
178 480
-
social contributions
3 350
5 722
7 718
-
health
686
1 172
3 034
-
income
7 240
6 382
41 367
-
total
11 276
13 276
52 119
-
Employer
68 942
68 942
178 480
-
health
747
1 276
3 302
-
social contributions
3 350
5 722
7 718
-
total
4 097
6 998
11 020
-
Corporate
145 047
113 560
-
-
income
18 130
14 195
-
-
total
18 130
14 195
-
-
Dividends
126 917
99 365
-
-
withholding
21 576
16 892
-
-
total
21 576
16 892
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 079
51 361
63 139
61 557
After tax
134 421
138 139
126 361
127 943
Living cost
29 080
29 080
29 080
29 080
Free-cash
105 341
109 059
97 281
98 863

Estimated living cost  is ₽29080 per week

₽19879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91688
₽88256
₽113111
₽88635
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 224
10 437
158 577
-
unemployment
393
157
2 379
-
pensions
2 622
1 044
15 858
-
health
1 836
731
11 100
-
income
3 206
1 276
19 386
-
total
8 057
3 208
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.

26 224
10 437
158 577
-
pensions
5 114
2 035
30 923
-
total
5 114
2 035
30 923
-
Corporate
158 163
177 028
-
-
income
14 235
15 933
-
-
total
14 235
15 933
-
-
Dividends
143 928
161 096
-
-
withholding
27 346
30 608
-
-
social contributions
27 947
31 294
-
-
total
55 293
61 902
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 699
83 078
79 646
58 223
After tax
106 801
106 422
109 854
131 277
Living cost
18 166
18 166
18 166
18 166
Free-cash
88 635
88 256
91 688
113 111

Estimated living cost  is ₽18166 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87570
₽129945
₽79916
₽124374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
37 899
health
-
-
-
24 635
total
-
-
-
87 928
Employee
25 434
-
141 627
-
unemployment
407
-
2 266
-
pensions
509
-
2 833
-
income
2 863
-
27 306
-
total
3 779
-
32 405
-
Employer
25 434
-
141 627
-
health
3 306
-
18 411
-
unemployment
204
-
1 133
-
pensions
5 087
-
28 325
-
total
8 597
-
47 869
-
Corporate
155 468
189 500
-
-
income
31 094
37 899
-
-
total
31 094
37 899
-
-
Dividends
124 375
151 601
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
43 470
37 899
80 274
87 928
After tax
146 030
151 601
109 226
101 572
Living cost
21 656
21 656
21 656
21 656
Free-cash
124 374
129 945
87 570
79 916

Estimated living cost  is ₽21656 per week

₽14853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84200
-₽4467
₽109616
₽12311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 794
pensions
-
-
-
3 748
other
-
-
-
334
accident
-
-
-
227
health
-
-
-
1 964
total
-
-
-
60 067
Employee
31 173
-
172 470
-
pensions
3 510
-
6 872
-
health
3 569
-
19 748
-
income
4 277
-
41 834
-
total
11 356
-
68 454
-
Employer
31 173
-
172 470
-
accident
520
-
2 880
-
unemployment
764
-
4 225
-
pensions
5 069
-
9 924
-
total
6 353
-
17 029
-
Corporate
151 974
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.

136 776
170 550
-
-
total
136 776
170 550
-
-
Dividends
15 197
18 950
-
-
withholding
2 887
3 600
-
-
total
2 887
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
157 372
174 150
85 483
60 067
After tax
32 128
15 350
104 017
129 433
Living cost
19 817
19 817
19 817
19 817
Free-cash
12 311
-4 467
84 200
109 616

Estimated living cost  is ₽19817 per week

₽14524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
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.
₽3782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143922
₽172347
₽179927
₽170908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
189 500
microenterprise

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

-
-
-
1 895
total
-
-
-
1 895
Employee
9 598
-
189 500
-
income
1 919
-
37 900
-
total
1 919
-
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%.

179 902
189 500
-
-
total
-
-
-
-
Dividends
179 902
189 500
-
-
withholding
8 995
9 475
-
-
total
8 995
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
10 914
9 475
37 900
1 895
After tax
178 586
180 025
151 600
187 605
Living cost
7 678
7 678
7 678
7 678
Free-cash
170 908
172 347
143 922
179 927

Estimated living cost  is ₽7678 per week

₽4758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86539
₽115336
₽88132
₽109282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 281
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.

-
-
-
32 722
other
-
-
-
6 476
health
-
-
-
5 999
total
-
-
-
77 478
Employee
32 554
-
154 993
-
unemployment
325
-
1 363
-
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.

2 278
-
9 543
-
health
456
-
1 909
-
income
5 604
-
31 750
-
total
8 663
-
44 565
-
Employer
32 554
-
154 993
-
accident
260
-
1 240
-
other
1 628
-
6 816
-
health
456
-
1 909
-
unemployment
325
-
1 363
-
pensions

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

5 535
-
23 178
-
total
8 204
-
34 506
-
Corporate
148 742
189 500
-
-
income
31 236
39 795
-
-
total
31 236
39 795
-
-
Dividends
117 506
149 705
-
-
withholding
8 225
10 479
-
-
total
8 225
10 479
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 328
50 274
79 071
77 478
After tax
133 172
139 226
110 429
112 022
Living cost
23 890
23 890
23 890
23 890
Free-cash
109 282
115 336
86 539
88 132

Estimated living cost  is ₽23890 per week

₽16880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46085
₽60443
₽63066
₽67701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 422
pensions
-
-
-
8 724
total
-
-
-
66 146
Employee
85 298
-
165 254
-
pensions
8 229
-
10 506
-
health
1 406
-
2 277
-
income
15 376
-
46 098
-
total
25 011
-
58 881
-
Employer
85 298
-
165 254
-
health
1 620
-
3 141
-
pensions
10 071
-
21 105
-
total
11 691
-
24 246
-
Corporate
92 511
189 500
-
-
income

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

17 578
36 005
-
-
total
17 578
36 005
-
-
Dividends
74 933
153 495
-
-
withholding
7 231
32 764
-
-
total
7 231
32 764
-
-
Income
189 500
189 500
189 500
189 500
Total tax
61 511
68 769
83 127
66 146
After tax
127 989
120 731
106 373
123 354
Living cost
60 288
60 288
60 288
60 288
Free-cash
67 701
60 443
46 085
63 066

Estimated living cost  is ₽60288 per week

₽45175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148493
₽150139
₽140738
₽145929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 686
unemployment
-
-
-
127
health
-
-
-
3 641
total
-
-
-
36 879
Employee
15 735
-
183 289
-
pensions

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

1 382
-
2 780
-
health
724
-
1 456
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
income
1 573
-
18 329
-
total
3 852
-
22 913
-
Employer
15 735
-
183 289
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
health
1 086
-
2 184
-
unemployment
94
-
190
-
pensions

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

1 734
-
3 489
-
total
3 087
-
6 211
-
Corporate
170 677
189 500
-
-
income
17 068
18 950
-
-
total
17 068
18 950
-
-
Dividends
153 609
170 550
-
-
withholding
7 681
8 528
-
-
total
7 681
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
31 688
27 478
29 124
36 879
After tax
157 812
162 022
160 376
152 621
Living cost
11 883
11 883
11 883
11 883
Free-cash
145 929
150 139
148 493
140 738

Estimated living cost  is ₽11883 per week

₽6938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71498
₽44573
₽52706
₽46830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 516
pensions
-
-
-
10 505
health
-
-
-
11 056
total
-
-
-
87 077
Employee
83 124
76 564
172 838
-
pensions
10 505
10 505
10 505
-
health
10 370
9 996
11 056
-
income

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

12 532
12 532
30 062
-
total
33 407
33 033
51 623
-
Employer
83 124
76 564
172 838
-
health
5 776
5 322
6 613
-
unemployment
2 993
2 756
3 425
-
pensions
5 785
5 329
6 624
-
total
14 554
13 407
16 662
-
Corporate
91 822
99 529
-
-
income
18 365
19 905
-
-
total
18 365
19 905
-
-
Dividends
73 457
79 624
-
-
income
15 609
16 921
-
-
withholding
11 018
11 944
-
-
total
26 627
28 865
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 953
95 210
68 285
87 077
After tax
96 547
94 290
121 215
102 423
Living cost
49 717
49 717
49 717
49 717
Free-cash
46 830
44 573
71 498
52 706

Estimated living cost  is ₽49717 per week

₽36674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79948
₽108071
₽88040
₽100080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 753
solidarity contribution
-
-
-
1 491
social contributions
-
-
-
32 233
health
-
-
-
25 583
total
-
-
-
79 060
Employee
32 942
-
148 535
-
social contributions
2 141
-
7 175
-
solidarity contribution
-
-
764
-
health
4 447
-
20 052
-
income
3 953
-
18 196
-
total
10 541
-
46 187
-
Employer
32 942
-
148 535
-
health
2 965
-
13 368
-
social contributions
8 235
-
27 597
-
total
11 200
-
40 965
-
Corporate
145 358
189 500
-
-
income
27 618
36 005
-
-
total
27 618
36 005
-
-
Dividends
117 740
153 495
-
-
withholding
17 661
23 024
-
-
total
17 661
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 020
59 029
87 152
79 060
After tax
122 480
130 471
102 348
110 440
Living cost
22 400
22 400
22 400
22 400
Free-cash
100 080
108 071
79 948
88 040

Estimated living cost  is ₽22400 per week

₽15560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45131
₽63272
₽52732
₽58592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 338
social contributions
-
-
-
44 873
municipal
-
-
-
1 157
national
-
-
-
50 568
total
-
-
-
98 936
Employee
79 682
-
189 500
-
municipal
422
-
1 045
-
social contributions
26 869
-
58 830
-
regional
752
-
2 095
-
national
13 807
-
44 567
-
total
41 850
-
106 537
-
Employer
79 682
-
189 500
-
total
-
-
-
-
Corporate
109 818
189 500
-
-
nationa
26 357
45 481
-
-
municipal
4 282
7 391
-
-
total
30 639
52 872
-
-
Dividends
79 179
136 628
-
-
withholding
20 587
35 524
-
-
total
20 587
35 524
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 076
88 396
106 537
98 936
After tax
96 424
101 104
82 963
90 564
Living cost
37 832
37 832
37 832
37 832
Free-cash
58 592
63 272
45 131
52 732

Estimated living cost  is ₽37832 per week

₽26372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63993
₽99411
₽69474
₽96622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 000
pensions
-
-
-
23 932
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
8 495
surtax
-
-
-
9 611
total
-
-
-
100 242
Employee
29 649
-
164 312
-
unemployment
2 064
-
8 328
-
surtax
97
-
8 538
-
pensions
1 977
-
7 981
-
health
757
-
3 051
-
other
-
-
-
-
income
4 970
-
52 637
-
total
9 865
-
80 535
-
Employer
29 649
-
164 312
-
other
-
-
-
-
health
1 349
-
5 445
-
unemployment
939
-
3 792
-
pensions
3 952
-
15 951
-
total
6 240
-
25 188
-
Corporate
153 610
189 500
-
-
income
39 939
49 270
-
-
total
39 939
49 270
-
-
Dividends
113 671
140 230
-
-
withholding
17 050
21 035
-
-
total
17 050
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 094
70 305
105 723
100 242
After tax
116 406
119 195
83 777
89 258
Living cost
19 784
19 784
19 784
19 784
Free-cash
96 622
99 411
63 993
69 474

Estimated living cost  is ₽19784 per week

₽12097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65186
₽79544
₽82167
₽85499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 422
pensions
-
-
-
8 724
total
-
-
-
66 146
Employee
57 164
-
165 254
-
pensions
4 852
-
10 506
-
health
830
-
2 277
-
income
10 296
-
46 098
-
total
15 978
-
58 881
-
Employer
57 164
-
165 254
-
health
1 086
-
3 141
-
pensions
6 188
-
21 105
-
total
7 274
-
24 246
-
Corporate
125 062
189 500
-
-
income

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

23 762
36 005
-
-
total
23 762
36 005
-
-
Dividends
101 300
153 495
-
-
withholding
15 800
32 764
-
-
total
15 800
32 764
-
-
Income
189 500
189 500
189 500
189 500
Total tax
62 814
68 769
83 127
66 146
After tax
126 686
120 731
106 373
123 354
Living cost
41 187
41 187
41 187
41 187
Free-cash
85 499
79 544
65 186
82 167

Estimated living cost  is ₽41187 per week

₽30857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
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.
₽6811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71674
₽14570
₽79487
₽45411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
10 099
pensions
-
-
-
17 435
other

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

-
-
-
3 790
city
-
-
-
1 998
health
-
-
-
426
national
-
-
-
4 180
total
-
-
-
37 928
Employee
84 358
-
170 032
-
city
905
-
1 833
-
unemployment
-
-
-
-
pensions
7 087
-
13 813
-
regional
2 762
-
8 852
-
health
191
-
383
-
national
399
-
3 263
-
total
11 344
-
28 144
-
Employer
84 358
-
170 032
-
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.

1 687
-
3 401
-
health
191
-
383
-
unemployment
-
-
-
-
pensions
7 087
-
13 813
-
total
8 965
-
17 597
-
Corporate
95 250
189 500
-
-
national
8 096
16 107
-
-
regional
20 145
40 079
-
-
total
28 241
56 186
-
-
Dividends
67 009
133 314
-
-
withholding
23 454
46 659
-
-
total
23 454
46 659
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 004
102 845
45 741
37 928
After tax
117 496
86 655
143 759
151 572
Living cost
72 085
72 085
72 085
72 085
Free-cash
45 411
14 570
71 674
79 487

Estimated living cost  is ₽72085 per week

₽46876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽885
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76809
₽52502
₽51459
₽67041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 078
trade
-
-
-
25 350
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.

-
-
-
6 125
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.

-
-
-
3 415
total
-
-
-
96 968
Employee

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

53 883
-
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.

349
-
3 415
-
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.

6 125
-
6 125
-
income

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

6 336
-
62 078
-
total
12 810
-
71 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 617
189 500
-
-
income
20 342
28 426
-
-
trade
23 258
32 499
-
-
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.

1 120
1 564
-
-
chamber of commerce
327
403
-
-
total
45 047
62 892
-
-
Dividends
90 570
126 609
-
-
withholding
22 302
31 311
-
-
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.

1 227
1 722
-
-
total
23 529
33 033
-
-
Income
189 500
189 500
189 500
189 500
Total tax
81 386
95 925
71 618
96 968
After tax
108 114
93 575
117 882
92 532
Living cost
41 073
41 073
41 073
41 073
Free-cash
67 041
52 502
76 809
51 459

Estimated living cost  is ₽41073 per week

₽29998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69302
₽64833
₽74078
₽70128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 693
pensions
-
-
-
30 781
social contributions
-
-
-
5 399
other
-
-
-
5 875
health
-
-
-
8 999
surtax
-
-
-
-
total
-
-
-
84 747
Employee
38 372
-
145 078
-
surtax
-
-
-
-
pensions
4 339
-
10 745
-
social contributions
1 094
-
4 134
-
income
2 265
-
30 222
-
total
7 698
-
45 101
-
Employer
38 372
-
145 078
-
other
1 324
-
5 939
-
health
2 687
-
14 201
-
unemployment
1 553
-
5 875
-
social contributions
116
-
436
-
pensions
6 304
-
17 971
-
total
11 984
-
44 422
-
Corporate
139 145
189 500
-
-
income
38 961
53 061
-
-
surtax
-
-
-
-
total
38 961
53 061
-
-
Dividends
100 184
136 439
-
-
withholding
12 824
17 463
-
-
surtax
-
-
-
-
social contributions
17 230
23 468
-
-
total
30 054
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 697
93 992
89 523
84 747
After tax
100 803
95 508
99 977
104 753
Living cost
30 675
30 675
30 675
30 675
Free-cash
70 128
64 833
69 302
74 078

Estimated living cost  is ₽30675 per week

₽19342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72341
₽67872
₽77117
₽72854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 693
pensions
-
-
-
30 781
social contributions
-
-
-
5 399
other
-
-
-
5 875
health
-
-
-
8 999
surtax
-
-
-
-
total
-
-
-
84 747
Employee
34 253
-
145 078
-
surtax
-
-
-
-
pensions
3 874
-
10 745
-
social contributions
977
-
4 134
-
income
1 766
-
30 222
-
total
6 617
-
45 101
-
Employer
34 253
-
145 078
-
other
1 182
-
5 939
-
health
2 397
-
14 201
-
unemployment
1 387
-
5 875
-
social contributions
102
-
436
-
pensions
5 628
-
17 971
-
total
10 696
-
44 422
-
Corporate
144 551
189 500
-
-
income
40 473
53 061
-
-
surtax
-
-
-
-
total
40 473
53 061
-
-
Dividends
104 077
136 439
-
-
withholding
13 322
17 463
-
-
surtax
-
-
-
-
social contributions
17 902
23 468
-
-
total
31 224
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
89 010
93 992
89 523
84 747
After tax
100 490
95 508
99 977
104 753
Living cost
27 636
27 636
27 636
27 636
Free-cash
72 854
67 872
72 341
77 117

Estimated living cost  is ₽27636 per week

₽16027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97849
₽96601
₽102684
₽97064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 426
social contributions
-
-
-
26 151
health
-
-
-
13 227
total
-
-
-
67 804
Employee
30 399
-
189 500
-
social contributions
4 196
-
26 151
-
health
2 122
-
13 227
-
income
5 070
-
33 261
-
total
11 388
-
72 639
-
Employer
30 399
-
189 500
-
total
-
-
-
-
Corporate
159 101
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%.

7 956
9 475
-
-
total
7 956
9 475
-
-
Dividends
151 145
180 025
-
-
withholding
22 671
27 003
-
-
health
10 551
12 565
-
-
social contributions
20 858
24 844
-
-
total
54 080
64 412
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 424
73 887
72 639
67 804
After tax
116 076
115 613
116 861
121 696
Living cost
19 012
19 012
19 012
19 012
Free-cash
97 064
96 601
97 849
102 684

Estimated living cost  is ₽19012 per week

₽12723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18215
₽72958
₽65683
₽71569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 400
pensions
-
-
-
19 378
unemployment
-
-
-
5 499
health
-
-
-
8 012
chamber of commerce
-
-
-
759
surtax
-
-
-
177
total
-
-
-
92 225
Employee
44 807
35 730
155 475
-
unemployment
1 344
1 072
3 143
-
pensions
4 589
3 658
10 726
-
health
1 734
1 383
4 053
-
other
447
357
1 048
-
income
5 101
2 636
48 679
-
total
13 215
9 106
67 649
-
Employer
44 807
35 730
155 475
-
surtax
177
177
177
-
accident
582
464
1 361
-
other
2 128
1 696
6 954
-
health
1 693
1 351
3 959
-
unemployment
1 344
1 072
3 143
-
chamber of commerce
179
143
623
-
payroll
1 344
1 072
4 664
-
pensions
5 623
4 485
13 145
-
total
13 070
10 460
34 026
-
Corporate
131 623
143 310
152 072
-
income

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

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

32 906
35 827
38 018
-
total
32 906
35 827
38 018
-
Dividends
98 717
107 483
-
-
withholding
27 148
29 557
-
-
total
27 148
29 557
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 339
84 950
139 693
92 225
After tax
103 161
104 550
49 807
97 275
Living cost
31 592
31 592
31 592
31 592
Free-cash
71 569
72 958
18 215
65 683

Estimated living cost  is ₽31592 per week

₽21070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32266
₽71982
₽49670
₽59778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
10 028
social contributions
-
-
-
22 353
national
-
-
-
74 759
total
-
-
-
107 140
Employee

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

64 133
-
146 776
-
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.

558
-
1 278
-
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.

4 810
-
11 008
-
communal

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

3 345
-
7 655
-
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.

3 013
-
6 898
-
national
19 717
-
54 981
-
total
31 443
-
81 820
-
Employer

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

64 133
-
146 776
-
surtax
7 272
-
16 643
-
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.

834
-
1 909
-
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.

3 944
-
9 026
-
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.

936
-
2 142
-
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.

5 683
-
13 004
-
total
18 669
-
42 724
-
Corporate
106 699
189 500
-
-
income
21 339
39 641
-
-
surtax
427
793
-
-
total
21 766
40 434
-
-
Dividends
84 933
149 066
-
-
withholding

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

25 154
44 394
-
-
total
25 154
44 394
-
-
Income
189 500
189 500
189 500
189 500
Total tax
97 032
84 828
124 544
107 140
After tax
92 468
104 672
64 956
82 360
Living cost
32 690
32 690
32 690
32 690
Free-cash
59 778
71 982
32 266
49 670

Estimated living cost  is ₽32690 per week

₽21057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
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.
₽8264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69854
₽93554
₽73614
₽87411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 576
pensions
-
-
-
23 517
other
-
-
-
83
unemployment
-
-
-
582
accident
-
-
-
749
total
-
-
-
83 507
Employee
44 629
-
163 007
-
unemployment
692
-
1 288
-
pensions
2 098
-
3 906
-
other
44
-
83
-
income
9 417
-
55 498
-
total
12 251
-
60 775
-
Employer
44 629
-
163 007
-
accident
883
-
1 645
-
other
356
-
665
-
unemployment
2 455
-
4 570
-
pensions
10 532
-
19 612
-
total
14 226
-
26 492
-
Corporate
130 645
189 500
-
-
income

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

19 597
28 426
-
-
total
19 597
28 426
-
-
Dividends
111 048
161 074
-
-
withholding
23 636
35 141
-
-
total
23 636
35 141
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 710
63 567
87 267
83 507
After tax
119 790
125 933
102 233
105 993
Living cost
32 379
32 379
32 379
32 379
Free-cash
87 411
93 554
69 854
73 614

Estimated living cost  is ₽32379 per week

₽23844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48983
₽59579
₽41431
₽47330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 657
communal
-
-
-
11 976
pensions
-
-
-
28 404
accident
-
-
-
1 598
health
-
-
-
13 315
surtax
-
-
-
9 395
total
-
-
-
99 345
Employee
67 897
-
169 272
-
surtax
4 162
-
10 374
-
pensions
5 431
-
13 542
-
health
3 022
-
7 534
-
income
6 558
-
40 114
-
total
19 173
-
71 564
-
Employer
67 897
-
169 272
-
accident
611
-
1 523
-
health
2 071
-
5 164
-
pensions
5 431
-
13 542
-
total
8 113
-
20 229
-
Corporate
113 491
189 500
-
-
income
17 024
28 426
-
-
surtax
1 191
1 989
-
-
communal
7 660
12 791
-
-
total
25 875
43 206
-
-
Dividends
87 615
146 294
-
-
income
27 143
16 046
-
-
withholding
13 142
21 945
-
-
total
40 285
37 991
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 446
81 197
91 793
99 345
After tax
96 054
108 303
97 707
90 155
Living cost
48 724
48 724
48 724
48 724
Free-cash
47 330
59 579
48 983
41 431

Estimated living cost  is ₽48724 per week

₽36550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63639
₽99057
₽69120
₽96206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 000
pensions
-
-
-
23 932
other
-
-
-
-
unemployment
-
-
-
204
health
-
-
-
8 495
surtax
-
-
-
9 611
total
-
-
-
100 242
Employee
30 194
-
164 312
-
unemployment
2 101
-
8 328
-
surtax
107
-
8 538
-
pensions
2 014
-
7 981
-
health
771
-
3 051
-
other
-
-
-
-
income
5 062
-
52 637
-
total
10 055
-
80 535
-
Employer
30 194
-
164 312
-
other
-
-
-
-
health
1 373
-
5 445
-
unemployment
958
-
3 792
-
pensions
4 026
-
15 951
-
total
6 357
-
25 188
-
Corporate
152 950
189 500
-
-
income
39 767
49 270
-
-
total
39 767
49 270
-
-
Dividends
113 183
140 230
-
-
withholding
16 977
21 035
-
-
total
16 977
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 156
70 305
105 723
100 242
After tax
116 344
119 195
83 777
89 258
Living cost
20 138
20 138
20 138
20 138
Free-cash
96 206
99 057
63 639
69 120

Estimated living cost  is ₽20138 per week

₽12158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
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.
₽5763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58253
₽75453
₽65814
₽73461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 936
social contributions
-
-
-
44 873
municipal
-
-
-
1 157
national
-
-
-
50 568
total
-
-
-
99 534
Employee
49 734
-
189 500
-
municipal
264
-
1 045
-
social contributions
16 771
-
58 830
-
regional
670
-
2 653
-
national
7 879
-
44 567
-
total
25 584
-
107 095
-
Employer
49 734
-
189 500
-
total
-
-
-
-
Corporate
139 766
189 500
-
-
nationa
33 544
45 481
-
-
municipal
6 947
9 417
-
-
total
40 491
54 898
-
-
Dividends
99 275
134 602
-
-
withholding
25 812
34 997
-
-
total
25 812
34 997
-
-
Income
189 500
189 500
189 500
189 500
Total tax
91 887
89 895
107 095
99 534
After tax
97 613
99 605
82 405
89 966
Living cost
24 152
24 152
24 152
24 152
Free-cash
73 461
75 453
58 253
65 814

Estimated living cost  is ₽24152 per week

₽15020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
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.
₽6271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74745
₽102868
₽82837
₽93021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 753
solidarity contribution
-
-
-
1 491
social contributions
-
-
-
32 233
health
-
-
-
25 583
total
-
-
-
79 060
Employee
40 593
-
148 535
-
social contributions
2 639
-
7 175
-
solidarity contribution
-
-
764
-
health
5 480
-
20 052
-
income
4 871
-
18 196
-
total
12 990
-
46 187
-
Employer
40 593
-
148 535
-
health
3 653
-
13 368
-
social contributions
10 148
-
27 597
-
total
13 801
-
40 965
-
Corporate
135 105
189 500
-
-
income
25 670
36 005
-
-
total
25 670
36 005
-
-
Dividends
109 435
153 495
-
-
withholding
16 415
23 024
-
-
total
16 415
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 876
59 029
87 152
79 060
After tax
120 624
130 471
102 348
110 440
Living cost
27 603
27 603
27 603
27 603
Free-cash
93 021
102 868
74 745
82 837

Estimated living cost  is ₽27603 per week

₽20527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
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.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21248
₽76041
₽68848
₽75595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 400
pensions
-
-
-
19 378
unemployment
-
-
-
5 499
health
-
-
-
8 012
chamber of commerce
-
-
-
759
surtax
-
-
-
-
total
-
-
-
92 048
Employee
39 192
35 730
155 640
-
unemployment
1 176
1 072
3 143
-
pensions
4 014
3 658
10 726
-
health
1 516
1 383
4 053
-
other
391
357
1 048
-
income
3 491
2 636
48 758
-
total
10 588
9 106
67 728
-
Employer
39 192
35 730
155 640
-
surtax
-
-
-
-
accident
509
464
1 361
-
other
1 861
1 696
6 961
-
health
1 482
1 351
3 959
-
unemployment
1 176
1 072
3 143
-
chamber of commerce
157
143
623
-
payroll
1 176
1 072
4 669
-
pensions
4 919
4 485
13 145
-
total
11 280
10 283
33 861
-
Corporate
139 029
143 487
152 237
-
income

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

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

34 757
35 871
38 059
-
total
34 757
35 871
38 059
-
Dividends
104 273
107 616
-
-
withholding
28 676
29 595
-
-
total
28 676
29 595
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 301
84 855
139 648
92 048
After tax
104 199
104 645
49 852
97 452
Living cost
28 604
28 604
28 604
28 604
Free-cash
75 595
76 041
21 248
68 848

Estimated living cost  is ₽28604 per week

₽17159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139635
₽168060
₽175640
₽165816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 957
-
189 500
-
income
2 992
-
37 900
-
total
2 992
-
37 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

174 543
189 500
-
-
total
-
-
-
-
Dividends
174 543
189 500
-
-
withholding
8 727
9 475
-
-
total
8 727
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 719
9 475
37 900
1 895
After tax
177 781
180 025
151 600
187 605
Living cost
11 965
11 965
11 965
11 965
Free-cash
165 816
168 060
139 635
175 640

Estimated living cost  is ₽11965 per week

₽8097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61103
₽106422
₽65219
₽98923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 696
pensions
-
-
-
34 607
unemployment
-
-
-
284
health
-
-
-
18 646
total
-
-
-
100 233
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.

39 647
-
163 970
-
unemployment
56
-
230
-
pensions
6 146
-
25 416
-
health
2 561
-
10 591
-
income
6 837
-
42 582
-
total
15 600
-
78 819
-
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.

39 647
-
163 970
-
health
2 641
-
10 920
-
unemployment
24
-
99
-
pensions
3 508
-
14 511
-
total
6 173
-
25 530
-
Corporate
143 680
189 500
-
-
income
27 299
36 006
-
-
total
27 299
36 006
-
-
Dividends
116 381
153 494
-
-
withholding
17 457
23 024
-
-
total
17 457
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
66 529
59 030
104 349
100 233
After tax
122 971
130 470
85 151
89 267
Living cost
24 048
24 048
24 048
24 048
Free-cash
98 923
106 422
61 103
65 219

Estimated living cost  is ₽24048 per week

₽16504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136695
₽74825
₽90493
₽30215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 024
-
-
-
social contributions
4 758
-
678
-
income
12 799
-
-
-
total
17 557
-
678
-
Employer
58 024
-
-
-
social contributions
81 813
-
11 660
-
total
81 813
-
11 660
-
Corporate
49 663
189 500
-
-
income
10 926
41 690
-
-
total
10 926
41 690
-
-
Dividends
38 737
147 810
-
-
income
8 522
32 518
-
-
total
8 522
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
118 818
74 208
12 338
58 540
After tax
70 682
115 292
177 162
130 960
Living cost
40 467
40 467
40 467
40 467
Free-cash
30 215
74 825
136 695
90 493

Estimated living cost  is ₽40467 per week

₽26256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56967
₽79664
₽71337
₽78763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 188
social contributions

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

-
-
-
65 852
surtax
-
-
-
-
total
-
-
-
90 040
Employee
41 236
-
153 130
-
surtax
-
-
5
-
social contributions
4 536
-
16 844
-
income
8 577
-
51 193
-
total
13 113
-
68 042
-
Employer
41 236
-
153 130
-
social contributions
9 793
-
36 368
-
total
9 793
-
36 368
-
Corporate
138 471
189 500
-
-
income
29 079
39 795
-
-
surtax
-
-
-
-
total
29 079
39 795
-
-
Dividends
109 392
149 705
-
-
withholding
30 629
41 918
-
-
total
30 629
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 614
81 713
104 410
90 040
After tax
106 886
107 787
85 090
99 460
Living cost
28 123
28 123
28 123
28 123
Free-cash
78 763
79 664
56 967
71 337

Estimated living cost  is ₽28123 per week

₽21042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56674
₽52205
₽61450
₽58367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 693
pensions
-
-
-
30 781
social contributions
-
-
-
5 399
other
-
-
-
5 875
health
-
-
-
8 999
surtax
-
-
-
-
total
-
-
-
84 747
Employee
56 154
-
145 078
-
surtax
-
-
-
-
pensions
6 351
-
10 745
-
social contributions
1 599
-
4 134
-
income
4 900
-
30 222
-
total
12 850
-
45 101
-
Employer
56 154
-
145 078
-
other
1 938
-
5 939
-
health
3 930
-
14 201
-
unemployment
2 275
-
5 875
-
social contributions
168
-
436
-
pensions
9 227
-
17 971
-
total
17 538
-
44 422
-
Corporate
115 807
189 500
-
-
income
32 426
53 061
-
-
surtax
-
-
-
-
total
32 426
53 061
-
-
Dividends
83 382
136 439
-
-
withholding
10 673
17 463
-
-
surtax
-
-
-
-
social contributions
14 343
23 468
-
-
total
25 016
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 830
93 992
89 523
84 747
After tax
101 670
95 508
99 977
104 753
Living cost
43 303
43 303
43 303
43 303
Free-cash
58 367
52 205
56 674
61 450

Estimated living cost  is ₽43303 per week

₽29307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116558
₽143599
₽111523
₽140587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
9 336
social contributions
-
-
-
41 690
total
-
-
-
51 026
Employee
28 824
-
164 069
-
income
-
-
9 895
-
social contributions
1 873
-
10 665
-
total
1 873
-
20 560
-
Employer
28 824
-
164 069
-
social contributions
4 468
-
25 431
-
total
4 468
-
25 431
-
Corporate
156 208
189 500
-
-
income
15 621
18 950
-
-
total
15 621
18 950
-
-
Dividends
140 587
170 550
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
21 962
18 950
45 991
51 026
After tax
167 538
170 550
143 509
138 474
Living cost
26 951
26 951
26 951
26 951
Free-cash
140 587
143 599
116 558
111 523

Estimated living cost  is ₽26951 per week

₽17426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5505
-₽5505
₽66818
-₽5505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
776
labour market
-
-
-
15 098
municipal
-
-
-
40 420
national
-
-
-
23 284
total
-
-
-
79 578
Employee
181 933
181 933
181 933
-
municipal
38 742
38 742
38 742
-
labour market
14 534
14 534
14 534
-
pensions
259
259
259
-
national
22 226
22 226
22 226
-
total
75 761
75 761
75 761
-
Employer
181 933
181 933
181 933
-
municipal
38 803
38 803
38 803
-
national
22 265
22 265
22 265
-
labour market
14 555
14 555
14 555
-
pensions
517
517
517
-
total
76 140
76 140
76 140
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
151 901
151 901
151 901
79 578
After tax
37 599
37 599
37 599
109 922
Living cost
43 104
43 104
43 104
43 104
Free-cash
-5 505
-5 505
-5 505
66 818

Estimated living cost  is ₽43104 per week

₽29501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84492
-₽4175
₽109908
₽12353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 794
pensions
-
-
-
3 748
other
-
-
-
334
accident
-
-
-
227
health
-
-
-
1 964
total
-
-
-
60 067
Employee
30 714
-
172 470
-
pensions
3 459
-
6 872
-
health
3 517
-
19 748
-
income
4 214
-
41 834
-
total
11 190
-
68 454
-
Employer
30 714
-
172 470
-
accident
513
-
2 880
-
unemployment
753
-
4 225
-
pensions
4 994
-
9 924
-
total
6 260
-
17 029
-
Corporate
152 527
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.

137 274
170 550
-
-
total
137 274
170 550
-
-
Dividends
15 253
18 950
-
-
withholding
2 898
3 600
-
-
total
2 898
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
157 622
174 150
85 483
60 067
After tax
31 878
15 350
104 017
129 433
Living cost
19 525
19 525
19 525
19 525
Free-cash
12 353
-4 175
84 492
109 908

Estimated living cost  is ₽19525 per week

₽14212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61511
₽82362
₽83216
₽85132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 544
municipal
-
-
-
33 652
national
-
-
-
35 666
total
-
-
-
71 862
Employee
47 171
-
159 419
-
unemployment
708
-
2 390
-
municipal
7 726
-
25 954
-
pensions
3 183
-
10 762
-
health
352
-
2 081
-
national
779
-
22 299
-
total
12 748
-
63 486
-
Employer
47 171
-
159 419
-
accident
48
-
160
-
health
362
-
1 227
-
unemployment
306
-
1 036
-
pensions
8 184
-
27 658
-
total
8 900
-
30 081
-
Corporate
133 429
189 500
-
-
income
26 685
37 899
-
-
total
26 685
37 899
-
-
Dividends

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

80 058
113 701
-
-
municipal
14 411
20 466
-
-
national
7 202
14 351
-
-
total
21 613
34 817
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 946
72 716
93 567
71 862
After tax
119 554
116 784
95 933
117 638
Living cost
34 422
34 422
34 422
34 422
Free-cash
85 132
82 362
61 511
83 216

Estimated living cost  is ₽34422 per week

₽22484
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.
₽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.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105603
₽117381
₽107185
₽112501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 219
social contributions
-
-
-
14 506
health
-
-
-
4 832
total
-
-
-
61 557
Employee
68 942
68 942
178 480
-
social contributions
2 607
5 722
7 718
-
health
534
1 172
3 034
-
income
7 507
6 382
41 367
-
total
10 648
13 276
52 119
-
Employer
68 942
68 942
178 480
-
health
580
1 276
3 302
-
social contributions
2 607
5 722
7 718
-
total
3 187
6 998
11 020
-
Corporate
154 907
113 560
-
-
income
19 364
14 195
-
-
total
19 364
14 195
-
-
Dividends
135 544
99 365
-
-
withholding
23 042
16 892
-
-
total
23 042
16 892
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 241
51 361
63 139
61 557
After tax
133 259
138 139
126 361
127 943
Living cost
20 758
20 758
20 758
20 758
Free-cash
112 501
117 381
105 603
107 185

Estimated living cost  is ₽20758 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128767
₽142690
₽146750
₽138130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 541
pensions
-
-
-
5 703
unemployment
-
-
-
26
health
-
-
-
3 245
total
-
-
-
28 515
Employee

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

20 580
-
180 738
-
unemployment
102
-
425
-
pensions
3 086
-
12 761
-
health
1 749
-
7 231
-
income
1 407
-
17 319
-
total
6 344
-
37 736
-
Employer

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

20 580
-
180 738
-
health
885
-
3 658
-
unemployment
102
-
425
-
pensions
1 131
-
4 679
-
total
2 118
-
8 762
-
Corporate
166 802
189 500
-
-
income
15 012
17 055
-
-
total
15 012
17 055
-
-
Dividends
151 791
172 445
-
-
withholding
13 661
15 520
-
-
total
13 661
15 520
-
-
Income
189 500
189 500
189 500
189 500
Total tax
37 135
32 575
46 498
28 515
After tax
152 365
156 925
143 002
160 985
Living cost
14 235
14 235
14 235
14 235
Free-cash
138 130
142 690
128 767
146 750

Estimated living cost  is ₽14235 per week

₽9082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1026
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.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77578
₽101278
₽81338
₽97318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 576
pensions
-
-
-
23 517
other
-
-
-
83
unemployment
-
-
-
582
accident
-
-
-
749
total
-
-
-
83 507
Employee
33 152
-
163 007
-
unemployment
514
-
1 288
-
pensions
1 559
-
3 906
-
other
32
-
83
-
income
6 391
-
55 498
-
total
8 496
-
60 775
-
Employer
33 152
-
163 007
-
accident
657
-
1 645
-
other
265
-
665
-
unemployment
1 824
-
4 570
-
pensions
7 823
-
19 612
-
total
10 569
-
26 492
-
Corporate
145 779
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.

21 867
28 426
-
-
total
21 867
28 426
-
-
Dividends
123 912
161 074
-
-
withholding
26 595
35 141
-
-
total
26 595
35 141
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 527
63 567
87 267
83 507
After tax
121 973
125 933
102 233
105 993
Living cost
24 655
24 655
24 655
24 655
Free-cash
97 318
101 278
77 578
81 338

Estimated living cost  is ₽24655 per week

₽16642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120538
₽116657
₽120650
₽116396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 257
pensions
-
-
-
1 161
health
-
-
-
841
total
-
-
-
67 259
Employee
2 423
-
188 194
-
unemployment
24
-
58
-
pensions
218
-
522
-
health
121
-
290
-
income
469
-
65 196
-
total
832
-
66 066
-
Employer
2 423
-
188 194
-
health
230
-
551
-
unemployment
48
-
116
-
pensions
267
-
638
-
total
545
-
1 305
-
Corporate
186 531
189 500
-
-
income
41 037
41 690
-
-
total
41 037
41 690
-
-
Dividends
145 494
147 810
-
-
withholding
29 099
29 562
-
-
total
29 099
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 513
71 252
67 371
67 259
After tax
117 987
118 248
122 129
122 241
Living cost
1 591
1 591
1 591
1 591
Free-cash
116 396
116 657
120 538
120 650

Estimated living cost  is ₽1591 per week

₽946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105376
₽121433
₽105376
₽117030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 636
pensions
-
-
-
17 201
unemployment
-
-
-
992
health
-
-
-
6 814
total
-
-
-
68 643
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.

23 345
-
177 658
-
unemployment
175
-
496
-
pensions
3 268
-
9 262
-
health
1 202
-
3 407
-
income
3 218
-
43 636
-
total
7 863
-
56 801
-
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.

23 345
-
177 658
-
health
1 202
-
3 407
-
unemployment
175
-
496
-
pensions
2 801
-
7 939
-
total
4 178
-
11 842
-
Corporate
161 977
189 500
-
-
income
24 296
28 425
-
-
total
24 296
28 425
-
-
Dividends
137 680
161 075
-
-
withholding
20 652
24 161
-
-
total
20 652
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 989
52 586
68 643
68 643
After tax
132 511
136 914
120 857
120 857
Living cost
15 481
15 481
15 481
15 481
Free-cash
117 030
121 433
105 376
105 376

Estimated living cost  is ₽15481 per week

₽10424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60919
₽83616
₽75289
₽83294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 188
social contributions

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

-
-
-
65 852
surtax
-
-
-
-
total
-
-
-
90 040
Employee
34 798
-
153 130
-
surtax
-
-
5
-
social contributions
3 828
-
16 844
-
income
6 799
-
51 193
-
total
10 627
-
68 042
-
Employer
34 798
-
153 130
-
social contributions
8 264
-
36 368
-
total
8 264
-
36 368
-
Corporate
146 438
189 500
-
-
income
30 752
39 795
-
-
surtax
-
-
-
-
total
30 752
39 795
-
-
Dividends
115 687
149 705
-
-
withholding
32 392
41 918
-
-
total
32 392
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 035
81 713
104 410
90 040
After tax
107 465
107 787
85 090
99 460
Living cost
24 171
24 171
24 171
24 171
Free-cash
83 294
83 616
60 919
75 289

Estimated living cost  is ₽24171 per week

₽17120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70723
₽94423
₽74483
₽88555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 576
pensions
-
-
-
23 517
other
-
-
-
83
unemployment
-
-
-
582
accident
-
-
-
749
total
-
-
-
83 507
Employee
43 301
-
163 007
-
unemployment
670
-
1 288
-
pensions
2 035
-
3 906
-
other
43
-
83
-
income
9 044
-
55 498
-
total
11 792
-
60 775
-
Employer
43 301
-
163 007
-
accident
858
-
1 645
-
other
347
-
665
-
unemployment
2 382
-
4 570
-
pensions
10 219
-
19 612
-
total
13 806
-
26 492
-
Corporate
132 394
189 500
-
-
income

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

19 859
28 426
-
-
total
19 859
28 426
-
-
Dividends
112 535
161 074
-
-
withholding
23 978
35 141
-
-
total
23 978
35 141
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 435
63 567
87 267
83 507
After tax
120 065
125 933
102 233
105 993
Living cost
31 510
31 510
31 510
31 510
Free-cash
88 555
94 423
70 723
74 483

Estimated living cost  is ₽31510 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144785
₽146431
₽137030
₽140908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 686
unemployment
-
-
-
127
health
-
-
-
3 641
total
-
-
-
36 879
Employee
20 645
-
183 289
-
pensions

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

1 812
-
2 780
-
health
950
-
1 456
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
income
2 065
-
18 329
-
total
5 054
-
22 913
-
Employer
20 645
-
183 289
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
health
1 425
-
2 184
-
unemployment
124
-
190
-
pensions

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

2 275
-
3 489
-
total
4 051
-
6 211
-
Corporate
164 804
189 500
-
-
income
16 480
18 950
-
-
total
16 480
18 950
-
-
Dividends
148 324
170 550
-
-
withholding
7 416
8 528
-
-
total
7 416
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
33 001
27 478
29 124
36 879
After tax
156 499
162 022
160 376
152 621
Living cost
15 591
15 591
15 591
15 591
Free-cash
140 908
146 431
144 785
137 030

Estimated living cost  is ₽15591 per week

₽10312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83268
₽62859
₽62056
₽74588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 078
trade
-
-
-
21 212
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.

-
-
-
6 125
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.

-
-
-
3 415
total
-
-
-
92 830
Employee

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

44 610
-
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.

202
-
3 415
-
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.

6 125
-
6 125
-
income

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

3 668
-
62 078
-
total
9 995
-
71 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 890
189 500
-
-
income
21 734
28 426
-
-
trade
20 791
27 194
-
-
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.

1 196
1 564
-
-
chamber of commerce
349
413
-
-
total
44 070
57 597
-
-
Dividends
100 819
131 903
-
-
withholding
24 865
32 635
-
-
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.

1 368
1 795
-
-
total
26 233
34 430
-
-
Income
189 500
189 500
189 500
189 500
Total tax
80 298
92 027
71 618
92 830
After tax
109 202
97 473
117 882
96 670
Living cost
34 614
34 614
34 614
34 614
Free-cash
74 588
62 859
83 268
62 056

Estimated living cost  is ₽34614 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45100
₽81578
₽45100
₽83555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
60 981
social contributions
-
-
-
32 346
total
-
-
-
93 327
Employee
70 132
-
189 500
-
income
13 234
-
60 981
-
social contributions
5 827
-
32 346
-
total
19 061
-
93 327
-
Employer
70 132
-
189 500
-
total
-
-
-
-
Corporate
119 368
189 500
-
-
income
14 921
23 687
-
-
total
14 921
23 687
-
-
Dividends
104 446
165 813
-
-
withholding
20 890
33 162
-
-
total
20 890
33 162
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 872
56 849
93 327
93 327
After tax
134 628
132 651
96 173
96 173
Living cost
51 073
51 073
51 073
51 073
Free-cash
83 555
81 578
45 100
45 100

Estimated living cost  is ₽51073 per week

₽38855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100266
₽85892
₽122934
₽89024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 426
health

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

-
-
-
5 594
total
-
-
-
34 020
Employee
41 130
-
185 376
-
income
4 463
-
48 440
-
social contributions
4 121
-
4 124
-
total
8 584
-
52 564
-
Employer
41 130
-
185 376
-
social contributions
4 121
-
4 124
-
total
4 121
-
4 124
-
Corporate
144 250
189 500
-
-
income
50 488
66 325
-
-
total
50 488
66 325
-
-
Dividends
93 761
123 175
-
-
social contributions
4 737
4 737
-
-
total
4 737
4 737
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 930
71 062
56 688
34 020
After tax
121 570
118 438
132 812
155 480
Living cost
32 546
32 546
32 546
32 546
Free-cash
89 024
85 892
100 266
122 934

Estimated living cost  is ₽32546 per week

₽21438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72889
₽87247
₽89870
₽92585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 422
pensions
-
-
-
8 724
total
-
-
-
66 146
Employee
45 961
-
165 254
-
pensions
3 508
-
10 506
-
health
600
-
2 277
-
income
8 370
-
46 098
-
total
12 478
-
58 881
-
Employer
45 961
-
165 254
-
health
874
-
3 141
-
pensions
4 644
-
21 105
-
total
5 518
-
24 246
-
Corporate
138 022
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.

26 223
36 005
-
-
total
26 223
36 005
-
-
Dividends
111 799
153 495
-
-
withholding
19 212
32 764
-
-
total
19 212
32 764
-
-
Income
189 500
189 500
189 500
189 500
Total tax
63 431
68 769
83 127
66 146
After tax
126 069
120 731
106 373
123 354
Living cost
33 484
33 484
33 484
33 484
Free-cash
92 585
87 247
72 889
89 870

Estimated living cost  is ₽33484 per week

₽22970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82559
-₽6108
₽107975
₽12056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 794
pensions
-
-
-
3 748
other
-
-
-
334
accident
-
-
-
227
health
-
-
-
1 964
total
-
-
-
60 067
Employee
33 754
-
172 470
-
pensions
3 801
-
6 872
-
health
3 865
-
19 748
-
income
4 631
-
41 834
-
total
12 297
-
68 454
-
Employer
33 754
-
172 470
-
accident
564
-
2 880
-
unemployment
827
-
4 225
-
pensions
5 488
-
9 924
-
total
6 879
-
17 029
-
Corporate
148 867
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.

133 981
170 550
-
-
total
133 981
170 550
-
-
Dividends
14 887
18 950
-
-
withholding
2 829
3 600
-
-
total
2 829
3 600
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 986
174 150
85 483
60 067
After tax
33 514
15 350
104 017
129 433
Living cost
21 458
21 458
21 458
21 458
Free-cash
12 056
-6 108
82 559
107 975

Estimated living cost  is ₽21458 per week

₽15748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125978
₽132866
₽106278
₽130157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 723
pensions
-
-
-
26 361
unemployment
-
-
-
1 719
health insurance
-
-
-
10 602
work injury
-
-
-
716
total
-
-
-
71 121
Employee

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

19 361
-
189 500
-
unemployment
232
-
860
-
work injury
97
-
358
-
pensions
3 562
-
13 180
-
health insurance
1 433
-
5 301
-
income
1 936
-
31 723
-
total
7 260
-
51 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 139
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%.

17 014
18 950
-
-
total
17 014
18 950
-
-
Dividends
153 125
170 550
-
-
withholding
22 969
25 583
-
-
total
22 969
25 583
-
-
Income
189 500
189 500
189 500
189 500
Total tax
47 243
44 533
51 422
71 121
After tax
142 257
144 967
138 078
118 379
Living cost
12 100
12 100
12 100
12 100
Free-cash
130 157
132 866
125 978
106 278

Estimated living cost  is ₽12100 per week

₽7496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45158
₽64099
₽52524
₽60021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 516
social contributions
-
-
-
44 873
municipal
-
-
-
1 302
national
-
-
-
50 568
total
-
-
-
101 259
Employee
75 551
-
189 500
-
municipal
451
-
1 176
-
social contributions
25 475
-
58 830
-
regional
1 141
-
4 052
-
national
12 767
-
44 567
-
total
39 834
-
108 625
-
Employer
75 551
-
189 500
-
total
-
-
-
-
Corporate
113 949
189 500
-
-
nationa
27 347
45 481
-
-
municipal
5 492
9 133
-
-
total
32 839
54 614
-
-
Dividends
81 110
134 886
-
-
withholding
21 089
35 070
-
-
total
21 089
35 070
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 762
89 684
108 625
101 259
After tax
95 738
99 816
80 875
88 241
Living cost
35 717
35 717
35 717
35 717
Free-cash
60 021
64 099
45 158
52 524

Estimated living cost  is ₽35717 per week

₽25089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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