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
₽67098
₽90028
₽67057
₽77485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 251
surtax

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

-
-
-
3 369
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.

-
-
-
6 414
trade
-
-
-
22 971
total
-
-
-
94 005
Employee

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

35 910
-
189 500
-
surtax

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

55
-
3 369
-
income

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

1 003
-
61 251
-
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.

6 414
-
6 414
-
total
7 472
-
71 034
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 590
189 500
-
-
income
23 039
28 425
-
-
surtax

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

1 267
1 563
-
-
chamber of commerce
363
415
-
-
trade
24 190
29 847
-
-
total
48 859
60 250
-
-
Dividends
104 730
129 250
-
-
surtax

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

1 420
1 757
-
-
withholding
25 826
31 957
-
-
total
27 246
33 714
-
-
Income
189 500
189 500
189 500
189 500
Total tax
83 577
93 964
71 034
94 005
After tax
105 923
95 536
118 466
95 495
Living cost
28 438
28 438
28 438
28 438
Free-cash
77 485
67 098
90 028
67 057

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68297
₽61348
₽60332
₽67467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
2 037
municipal
-
-
-
20 872
national
-
-
-
33 568
pensions
-
-
-
22 740
total
-
-
-
79 217
Employee
77 434
-
163 821
-
municipal
9 564
-
21 606
-
pensions
3 097
-
6 553
-
national
14 821
-
35 175
-
total
27 482
-
63 334
-
Employer
77 434
-
163 821
-
pensions
6 195
-
13 106
-
social contributions
832
-
1 761
-
total
7 027
-
14 867
-
Corporate
99 929
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%.

19 986
37 900
-
-
total
19 986
37 900
-
-
Dividends
79 943
151 600
-
-
withholding
17 587
33 352
-
-
total
17 587
33 352
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 082
71 252
78 201
79 217
After tax
117 418
118 248
111 299
110 283
Living cost
49 951
49 951
49 951
49 951
Free-cash
67 467
68 297
61 348
60 332

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132067
₽61715
₽47931
₽124366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 740
surtax
-
-
-
48 323
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
122 036
Employee
27 434
-
146 436
-
surtax
-
-
21 233
-
social contributions

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

3 018
-
12 308
-
income
4 884
-
31 648
-
total
7 902
-
65 189
-
Employer
27 434
-
146 436
-
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.

6 608
-
26 955
-
surtax
-
-
16 108
-
total
6 608
-
43 063
-
Corporate
155 457
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%.

31 091
37 900
-
-
total
31 091
37 900
-
-
Dividends

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

124 367
151 600
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
45 601
37 900
108 252
122 036
After tax
143 899
151 600
81 248
67 464
Living cost
19 533
19 533
19 533
19 533
Free-cash
124 366
132 067
61 715
47 931

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
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.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54850
₽81682
₽63612
₽49097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 980
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
86 557
Employee
80 176
80 176
172 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
28 462
-
health
12 306
10 467
11 577
-
total
39 862
34 591
51 039
-
Employer
80 176
80 176
172 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
96 267
95 284
-
-
income
19 253
19 057
-
-
total
19 253
19 057
-
-
Dividends
77 014
76 227
-
-
income
16 365
16 199
-
-
withholding
11 553
11 433
-
-
total
27 918
27 632
-
-
Income
189 500
189 500
189 500
189 500
Total tax
101 072
95 319
68 487
86 557
After tax
88 428
94 181
121 013
102 943
Living cost
39 331
39 331
39 331
39 331
Free-cash
49 097
54 850
81 682
63 612

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65704
₽57221
₽58138
₽64854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
49 359
national
-
-
-
20 264
pensions
-
-
-
8 947
total
-
-
-
93 599
Employee
53 808
-
163 496
-
municipal
16 046
-
48 755
-
national
-
-
19 757
-
total
16 046
-
68 512
-
Employer
53 808
-
163 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
118 785
189 500
-
-
income
26 133
41 690
-
-
total
26 133
41 690
-
-
Dividends
92 652
147 810
-
-
withholding
27 796
44 343
-
-
total
27 796
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 883
86 033
94 516
93 599
After tax
102 617
103 467
94 984
95 901
Living cost
37 763
37 763
37 763
37 763
Free-cash
64 854
65 704
57 221
58 138

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57680
₽81583
₽57591
₽70873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 251
surtax

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

-
-
-
3 369
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.

-
-
-
6 414
trade
-
-
-
23 992
total
-
-
-
95 026
Employee

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

47 612
-
189 500
-
surtax

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

224
-
3 369
-
income

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

4 091
-
61 251
-
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.

6 414
-
6 414
-
total
10 729
-
71 034
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 888
189 500
-
-
income
21 282
28 425
-
-
surtax

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

1 171
1 563
-
-
chamber of commerce
344
412
-
-
trade
23 340
31 173
-
-
total
46 137
61 573
-
-
Dividends
95 750
127 928
-
-
surtax

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

1 297
1 739
-
-
withholding
23 581
31 625
-
-
total
24 878
33 364
-
-
Income
189 500
189 500
189 500
189 500
Total tax
81 744
94 937
71 034
95 026
After tax
107 756
94 563
118 466
94 474
Living cost
36 883
36 883
36 883
36 883
Free-cash
70 873
57 680
81 583
57 591

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107708
₽96260
₽97863
₽103816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 161
social contributions
-
-
-
15 191
health
-
-
-
4 832
total
-
-
-
61 184
Employee
72 195
72 195
178 122
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
40 298
-
health
718
1 228
3 029
-
total
11 807
13 903
51 409
-
Employer
72 195
72 195
178 122
-
health
782
1 336
3 296
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
11 378
-
Corporate
142 950
109 977
-
-
income
17 869
13 748
-
-
total
17 869
13 748
-
-
Dividends
125 081
96 229
-
-
withholding
21 265
16 360
-
-
total
21 265
16 360
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 231
51 339
62 787
61 184
After tax
134 269
138 161
126 713
128 316
Living cost
30 453
30 453
30 453
30 453
Free-cash
103 816
107 708
96 260
97 863

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89570
₽93030
₽114453
₽89922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
158 577
-
unemployment
364
145
2 379
-
pensions
2 429
967
15 858
-
income
2 969
1 182
19 386
-
health
1 700
677
11 100
-
total
7 462
2 971
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.

24 286
9 665
158 577
-
pensions
4 736
1 885
30 923
-
total
4 736
1 885
30 923
-
Corporate
160 479
177 950
-
-
income
14 443
16 015
-
-
total
14 443
16 015
-
-
Dividends
146 036
161 934
-
-
social contributions
28 366
31 467
-
-
withholding
27 747
30 768
-
-
total
56 113
62 235
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 754
83 106
79 646
58 223
After tax
106 746
106 394
109 854
131 277
Living cost
16 824
16 824
16 824
16 824
Free-cash
89 922
89 570
93 030
114 453

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128923
₽86548
₽78895
₽123090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 393
health
-
-
-
24 636
pensions
-
-
-
37 899
total
-
-
-
87 928
Employee
26 635
-
141 628
-
unemployment
426
-
2 266
-
pensions
533
-
2 833
-
income
2 999
-
27 306
-
total
3 958
-
32 405
-
Employer
26 635
-
141 628
-
health
3 462
-
18 412
-
pensions
5 327
-
28 325
-
unemployment
214
-
1 133
-
total
9 003
-
47 870
-
Corporate
153 863
189 500
-
-
income
30 772
37 900
-
-
total
30 772
37 900
-
-
Dividends
123 091
151 600
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
43 733
37 900
80 275
87 928
After tax
145 767
151 600
109 225
101 572
Living cost
22 677
22 677
22 677
22 677
Free-cash
123 090
128 923
86 548
78 895

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5582
₽82772
₽108532
₽12138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
240
income
-
-
-
53 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 037
Employee
32 926
-
171 935
-
pensions
3 708
-
7 259
-
income
4 517
-
41 287
-
health
3 770
-
19 686
-
total
11 995
-
68 232
-
Employer
32 926
-
171 935
-
pensions
5 354
-
10 482
-
accident
550
-
2 871
-
unemployment
807
-
4 212
-
total
6 711
-
17 565
-
Corporate
149 864
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.

134 877
170 550
-
-
total
134 877
170 550
-
-
Dividends
14 986
18 950
-
-
withholding
2 848
3 601
-
-
total
2 848
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
156 431
174 151
85 797
60 037
After tax
33 069
15 349
103 703
129 463
Living cost
20 931
20 931
20 931
20 931
Free-cash
12 138
-5 582
82 772
108 532

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
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.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172474
₽144049
₽180054
₽171059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
189 500
-
income
1 887
-
37 900
-
total
1 887
-
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%.

180 062
189 500
-
-
total
-
-
-
-
Dividends
180 062
189 500
-
-
withholding
9 003
9 475
-
-
total
9 003
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
10 890
9 475
37 900
1 895
After tax
178 610
180 025
151 600
187 605
Living cost
7 551
7 551
7 551
7 551
Free-cash
171 059
172 474
144 049
180 054

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114209
₽83968
₽85584
₽107869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 570
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
78 899
Employee
34 090
-
153 437
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
31 032
-
health
477
-
1 999
-
total
9 072
-
44 452
-
Employer
34 090
-
153 437
-
health
477
-
1 999
-
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.

5 796
-
24 272
-
accident
273
-
1 228
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 063
-
Corporate
146 819
189 500
-
-
income
30 832
39 794
-
-
total
30 832
39 794
-
-
Dividends
115 987
149 706
-
-
withholding
8 119
10 480
-
-
total
8 119
10 480
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 614
50 274
80 515
78 899
After tax
132 886
139 226
108 985
110 601
Living cost
25 017
25 017
25 017
25 017
Free-cash
107 869
114 209
83 968
85 584

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58507
₽43873
₽60894
₽66047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 664
pensions
-
-
-
8 946
total
-
-
-
65 610
Employee
89 130
-
165 322
-
pensions
8 599
-
10 831
-
income
16 067
-
45 317
-
health
1 469
-
2 305
-
total
26 135
-
58 453
-
Employer
89 130
-
165 322
-
health
1 693
-
3 141
-
pensions
10 524
-
21 037
-
total
12 217
-
24 178
-
Corporate
88 153
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.

16 749
36 004
-
-
total
16 749
36 004
-
-
Dividends
71 404
153 496
-
-
withholding
5 356
31 993
-
-
total
5 356
31 993
-
-
Income
189 500
189 500
189 500
189 500
Total tax
60 457
67 997
82 631
65 610
After tax
129 043
121 503
106 869
123 890
Living cost
62 996
62 996
62 996
62 996
Free-cash
66 047
58 507
43 873
60 894

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽149712
₽147698
₽140008
₽145353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
28 425
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
37 182
Employee
16 300
-
183 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
18 307
-
health
750
-
1 509
-
total
3 990
-
23 057
-
Employer
16 300
-
183 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
170 001
189 500
-
-
income
17 000
18 950
-
-
total
17 000
18 950
-
-
Dividends
153 001
170 550
-
-
withholding
7 650
8 528
-
-
total
7 650
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
31 837
27 478
29 492
37 182
After tax
157 663
162 022
160 008
152 318
Living cost
12 310
12 310
12 310
12 310
Free-cash
145 353
149 712
147 698
140 008

Estimated living cost  is ₽12310 per week

₽7187
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.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42119
₽68951
₽50881
₽44479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
63 980
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
86 557
Employee
87 046
80 176
172 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
28 462
-
health
10 859
10 467
11 577
-
total
34 983
34 591
51 039
-
Employer
87 046
80 176
172 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
87 213
95 284
-
-
income
17 443
19 057
-
-
total
17 443
19 057
-
-
Dividends
69 771
76 227
-
-
income
14 826
16 199
-
-
withholding
10 466
11 433
-
-
total
25 292
27 632
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 959
95 319
68 487
86 557
After tax
96 541
94 181
121 013
102 943
Living cost
52 062
52 062
52 062
52 062
Free-cash
44 479
42 119
68 951
50 881

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107481
₽78964
₽86993
₽99279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 625
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
1 228
health
-
-
-
25 582
total
-
-
-
79 517
Employee
33 809
-
147 868
-
solidarity contribution
-
-
507
-
social contributions
2 198
-
7 364
-
income
4 057
-
18 081
-
health
4 564
-
19 962
-
total
10 819
-
45 914
-
Employer
33 809
-
147 868
-
health
3 043
-
13 308
-
social contributions
8 452
-
28 324
-
total
11 495
-
41 632
-
Corporate
144 195
189 500
-
-
income
27 397
36 005
-
-
total
27 397
36 005
-
-
Dividends
116 798
153 495
-
-
withholding
17 520
23 024
-
-
total
17 520
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 231
59 029
87 546
79 517
After tax
122 269
130 471
101 954
109 983
Living cost
22 990
22 990
22 990
22 990
Free-cash
99 279
107 481
78 964
86 993

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61489
₽42274
₽50347
₽56587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 991
regional
-
-
-
2 294
municipal
-
-
-
1 140
national
-
-
-
49 111
total
-
-
-
99 536
Employee
83 442
-
189 500
-
municipal
442
-
1 023
-
national
14 458
-
42 941
-
regional
787
-
2 039
-
social contributions
28 137
-
61 606
-
total
43 824
-
107 609
-
Employer
83 442
-
189 500
-
total
-
-
-
-
Corporate
106 058
189 500
-
-
municipal
4 137
7 390
-
-
nationa
25 453
45 480
-
-
total
29 590
52 870
-
-
Dividends
76 468
136 630
-
-
withholding
19 882
35 524
-
-
total
19 882
35 524
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 296
88 394
107 609
99 536
After tax
96 204
101 106
81 891
89 964
Living cost
39 617
39 617
39 617
39 617
Free-cash
56 587
61 489
42 274
50 347

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98478
₽62899
₽68639
₽95557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 713
other
-
-
-
-
surtax
-
-
-
9 259
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
100 143
Employee
31 048
-
163 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
8 137
-
income
5 204
-
51 097
-
health
793
-
3 195
-
total
10 330
-
79 508
-
Employer
31 048
-
163 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
151 917
189 500
-
-
income
39 498
49 269
-
-
total
39 498
49 269
-
-
Dividends
112 418
140 231
-
-
withholding
16 862
21 035
-
-
total
16 862
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 225
70 304
105 883
100 143
After tax
116 275
119 196
83 617
89 357
Living cost
20 718
20 718
20 718
20 718
Free-cash
95 557
98 478
62 899
68 639

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78466
₽63832
₽80853
₽84687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 664
pensions
-
-
-
8 946
total
-
-
-
65 610
Employee
59 733
-
165 322
-
pensions
5 070
-
10 831
-
income
10 758
-
45 317
-
health
867
-
2 305
-
total
16 695
-
58 453
-
Employer
59 733
-
165 322
-
health
1 135
-
3 141
-
pensions
6 466
-
21 037
-
total
7 601
-
24 178
-
Corporate
122 166
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.

23 211
36 004
-
-
total
23 211
36 004
-
-
Dividends
98 955
153 496
-
-
withholding
14 269
31 993
-
-
total
14 269
31 993
-
-
Income
189 500
189 500
189 500
189 500
Total tax
61 776
67 997
82 631
65 610
After tax
127 724
121 503
106 869
123 890
Living cost
43 037
43 037
43 037
43 037
Free-cash
84 687
78 466
63 832
80 853

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12374
₽69580
₽77656
₽44156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
other

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

-
-
-
3 791
regional
-
-
-
9 947
health
-
-
-
425
city
-
-
-
1 997
national
-
-
-
3 969
pensions
-
-
-
17 435
total
-
-
-
37 564
Employee
86 926
-
169 878
-
unemployment
-
-
-
-
pensions
7 303
-
13 973
-
national
411
-
3 033
-
regional
2 846
-
8 671
-
city
933
-
1 828
-
health
197
-
382
-
total
11 690
-
27 887
-
Employer
86 926
-
169 878
-
health
197
-
382
-
pensions
7 303
-
13 973
-
unemployment
-
-
-
-
other

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

1 738
-
3 398
-
total
9 238
-
17 753
-
Corporate
92 380
189 500
-
-
regional
19 538
40 079
-
-
national
7 852
16 107
-
-
total
27 390
56 186
-
-
Dividends
64 990
133 314
-
-
withholding
22 746
46 660
-
-
total
22 746
46 660
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 064
102 846
45 640
37 564
After tax
118 436
86 654
143 860
151 936
Living cost
74 280
74 280
74 280
74 280
Free-cash
44 156
12 374
69 580
77 656

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50576
₽75456
₽50443
₽65802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 251
surtax

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

-
-
-
3 369
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.

-
-
-
6 414
trade
-
-
-
25 013
total
-
-
-
96 047
Employee

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

56 425
-
189 500
-
surtax

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

365
-
3 369
-
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.

6 635
-
61 251
-
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.

6 414
-
6 414
-
total
13 414
-
71 034
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 075
189 500
-
-
income
19 960
28 425
-
-
surtax

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

1 098
1 563
-
-
chamber of commerce
330
410
-
-
trade
22 822
32 500
-
-
total
44 210
62 898
-
-
Dividends
88 866
126 602
-
-
surtax

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

1 203
1 721
-
-
withholding
21 860
31 294
-
-
total
23 063
33 015
-
-
Income
189 500
189 500
189 500
189 500
Total tax
80 687
95 913
71 034
96 047
After tax
108 813
93 587
118 466
93 453
Living cost
43 010
43 010
43 010
43 010
Free-cash
65 802
50 576
75 456
50 443

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63386
₽69283
₽73456
₽68933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 391
other
-
-
-
5 874
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 766
pensions
-
-
-
31 492
total
-
-
-
83 922
Employee
40 183
-
145 494
-
pensions
4 543
-
10 601
-
surtax
-
-
-
-
social contributions
1 146
-
4 146
-
income
2 371
-
29 340
-
total
8 060
-
44 087
-
Employer
40 183
-
145 494
-
health
2 813
-
14 036
-
pensions
6 601
-
17 761
-
unemployment
1 627
-
5 892
-
social contributions
121
-
437
-
other
1 386
-
5 882
-
total
12 548
-
44 008
-
Corporate
136 769
189 500
-
-
income
38 296
53 061
-
-
surtax
-
-
-
-
total
38 296
53 061
-
-
Dividends
98 473
136 439
-
-
surtax
-
-
-
-
social contributions
16 937
23 467
-
-
withholding
12 604
17 464
-
-
total
29 541
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 445
93 992
88 095
83 922
After tax
101 055
95 508
101 405
105 578
Living cost
32 122
32 122
32 122
32 122
Free-cash
68 933
63 386
69 283
73 456

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66568
₽72465
₽76638
₽71785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 391
other
-
-
-
5 874
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 766
pensions
-
-
-
31 492
total
-
-
-
83 922
Employee
35 869
-
145 494
-
pensions
4 057
-
10 601
-
surtax
-
-
-
-
social contributions
1 023
-
4 146
-
income
1 849
-
29 340
-
total
6 929
-
44 087
-
Employer
35 869
-
145 494
-
health
2 510
-
14 036
-
pensions
5 894
-
17 761
-
unemployment
1 452
-
5 892
-
social contributions
107
-
437
-
other
1 238
-
5 882
-
total
11 201
-
44 008
-
Corporate
142 430
189 500
-
-
income
39 880
53 061
-
-
surtax
-
-
-
-
total
39 880
53 061
-
-
Dividends
102 550
136 439
-
-
surtax
-
-
-
-
social contributions
17 639
23 467
-
-
withholding
13 126
17 464
-
-
total
30 765
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 775
93 992
88 095
83 922
After tax
100 725
95 508
101 405
105 578
Living cost
28 940
28 940
28 940
28 940
Free-cash
71 785
66 568
72 465
76 638

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95703
₽97170
₽101787
₽96191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
28 425
social contributions
-
-
-
26 152
health
-
-
-
13 227
total
-
-
-
67 804
Employee
31 834
-
189 500
-
social contributions
4 394
-
26 152
-
income
5 309
-
33 042
-
health
2 222
-
13 227
-
total
11 925
-
72 421
-
Employer
31 834
-
189 500
-
total
-
-
-
-
Corporate
157 666
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%.

7 884
9 475
-
-
total
7 884
9 475
-
-
Dividends
149 782
180 025
-
-
social contributions
20 669
24 844
-
-
withholding
22 467
27 003
-
-
health
10 455
12 566
-
-
total
53 591
64 413
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 400
73 888
72 421
67 804
After tax
116 100
115 612
117 079
121 696
Living cost
19 909
19 909
19 909
19 909
Free-cash
96 191
95 703
97 170
101 787

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71538
₽16828
₽64246
₽70083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 790
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
757
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
92 172
Employee
46 921
37 416
154 479
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
46 976
-
health
1 816
1 449
4 244
-
total
13 840
9 536
66 841
-
Employer
46 921
37 416
154 479
-
chamber of commerce
187
150
618
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
4 634
-
other
2 229
1 776
6 956
-
total
13 688
10 953
35 020
-
Corporate
128 892
141 130
150 916
-
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.

32 224
35 283
37 729
-
total
32 224
35 283
37 729
-
Dividends
96 668
105 847
-
-
withholding
26 583
29 108
-
-
total
26 583
29 108
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 335
84 880
139 590
92 172
After tax
103 165
104 620
49 910
97 328
Living cost
33 082
33 082
33 082
33 082
Free-cash
70 083
71 538
16 828
64 246

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽70971
₽31138
₽48078
₽57617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
communal

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

-
-
-
9 965
social contributions
-
-
-
23 408
national
-
-
-
73 816
total
-
-
-
107 189
Employee

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

67 159
-
146 773
-
unemployment

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

584
-
1 277
-
communal

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

3 503
-
7 656
-
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.

5 037
-
11 007
-
national
20 647
-
54 565
-
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.

3 155
-
6 897
-
total
32 926
-
81 402
-
Employer

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

67 159
-
146 773
-
health

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

4 130
-
9 026
-
pensions

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

5 951
-
13 005
-
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.

873
-
1 908
-
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.

980
-
2 143
-
surtax
7 615
-
16 645
-
total
19 549
-
42 727
-
Corporate
102 793
189 500
-
-
income
20 559
38 919
-
-
surtax
412
779
-
-
total
20 971
39 698
-
-
Dividends
81 822
149 802
-
-
withholding

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

24 204
44 598
-
-
total
24 204
44 598
-
-
Income
189 500
189 500
189 500
189 500
Total tax
97 650
84 296
124 129
107 189
After tax
91 850
105 204
65 371
82 311
Living cost
34 233
34 233
34 233
34 233
Free-cash
57 617
70 971
31 138
48 078

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92117
₽68229
₽72170
₽85683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
784
income
-
-
-
57 316
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
83 423
Employee
46 735
-
161 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
54 093
-
total
12 829
-
59 620
-
Employer
46 735
-
161 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
127 868
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.

19 180
28 425
-
-
total
19 180
28 425
-
-
Dividends
108 688
161 075
-
-
withholding
23 004
35 051
-
-
total
23 004
35 051
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 910
63 476
87 364
83 423
After tax
119 590
126 024
102 136
106 077
Living cost
33 907
33 907
33 907
33 907
Free-cash
85 683
92 117
68 229
72 170

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57975
₽47523
₽39965
₽45284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
communal
-
-
-
11 977
accident
-
-
-
1 598
income
-
-
-
33 823
surtax
-
-
-
9 395
health
-
-
-
13 315
pensions
-
-
-
28 404
total
-
-
-
98 512
Employee
71 101
-
169 272
-
pensions
5 687
-
13 541
-
surtax
4 358
-
10 373
-
income
6 868
-
39 280
-
health
3 164
-
7 533
-
total
20 077
-
70 727
-
Employer
71 101
-
169 272
-
health
2 168
-
5 163
-
pensions
5 687
-
13 541
-
accident
640
-
1 523
-
total
8 495
-
20 227
-
Corporate
109 904
189 500
-
-
communal
7 419
12 791
-
-
income
16 486
28 425
-
-
surtax
1 155
1 990
-
-
total
25 060
43 206
-
-
Dividends
84 845
146 294
-
-
income
26 834
15 353
-
-
withholding
12 727
21 943
-
-
total
39 561
37 296
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 193
80 502
90 954
98 512
After tax
96 307
108 998
98 546
90 988
Living cost
51 023
51 023
51 023
51 023
Free-cash
45 284
57 975
47 523
39 965

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98108
₽62529
₽68269
₽95121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 713
other
-
-
-
-
surtax
-
-
-
9 259
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
100 143
Employee
31 618
-
163 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
8 137
-
income
5 301
-
51 097
-
health
807
-
3 195
-
total
10 530
-
79 508
-
Employer
31 618
-
163 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
151 225
189 500
-
-
income
39 319
49 269
-
-
total
39 319
49 269
-
-
Dividends
111 907
140 231
-
-
withholding
16 785
21 035
-
-
total
16 785
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 291
70 304
105 883
100 143
After tax
116 209
119 196
83 617
89 357
Living cost
21 088
21 088
21 088
21 088
Free-cash
95 121
98 108
62 529
68 269

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74315
₽56042
₽64074
₽72230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 991
regional
-
-
-
2 893
municipal
-
-
-
1 140
national
-
-
-
49 111
total
-
-
-
100 135
Employee
52 081
-
189 500
-
municipal
276
-
1 023
-
national
8 251
-
42 941
-
regional
701
-
2 597
-
social contributions
17 562
-
61 606
-
total
26 790
-
108 167
-
Employer
52 081
-
189 500
-
total
-
-
-
-
Corporate
137 419
189 500
-
-
municipal
6 829
9 418
-
-
nationa
32 981
45 480
-
-
total
39 810
54 898
-
-
Dividends
97 609
134 602
-
-
withholding
25 379
34 996
-
-
total
25 379
34 996
-
-
Income
189 500
189 500
189 500
189 500
Total tax
91 979
89 894
108 167
100 135
After tax
97 521
99 606
81 333
89 365
Living cost
25 291
25 291
25 291
25 291
Free-cash
72 230
74 315
56 042
64 074

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102141
₽73624
₽81653
₽92034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 625
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
1 228
health
-
-
-
25 582
total
-
-
-
79 517
Employee
41 662
-
147 868
-
solidarity contribution
-
-
507
-
social contributions
2 708
-
7 364
-
income
4 999
-
18 081
-
health
5 624
-
19 962
-
total
13 331
-
45 914
-
Employer
41 662
-
147 868
-
health
3 750
-
13 308
-
social contributions
10 416
-
28 324
-
total
14 166
-
41 632
-
Corporate
133 673
189 500
-
-
income
25 398
36 005
-
-
total
25 398
36 005
-
-
Dividends
108 275
153 495
-
-
withholding
16 241
23 024
-
-
total
16 241
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 136
59 029
87 546
79 517
After tax
120 364
130 471
101 954
109 983
Living cost
28 330
28 330
28 330
28 330
Free-cash
92 034
102 141
73 624
81 653

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74766
₽20001
₽67559
₽74303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 790
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
757
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
91 987
Employee
41 041
37 416
154 652
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
47 060
-
health
1 587
1 449
4 244
-
total
11 087
9 536
66 925
-
Employer
41 041
37 416
154 652
-
chamber of commerce
164
150
618
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
4 640
-
other
1 949
1 776
6 963
-
total
11 811
10 768
34 848
-
Corporate
136 648
141 316
151 088
-
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.

34 162
35 329
37 772
-
total
34 162
35 329
37 772
-
Dividends
102 486
105 986
-
-
withholding
28 183
29 147
-
-
total
28 183
29 147
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 243
84 780
139 545
91 987
After tax
104 257
104 720
49 955
97 513
Living cost
29 954
29 954
29 954
29 954
Free-cash
74 303
74 766
20 001
67 559

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168258
₽139833
₽175838
₽166051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
189 500
-
income
2 942
-
37 900
-
total
2 942
-
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%.

174 791
189 500
-
-
total
-
-
-
-
Dividends
174 791
189 500
-
-
withholding
8 740
9 475
-
-
total
8 740
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 682
9 475
37 900
1 895
After tax
177 818
180 025
151 600
187 605
Living cost
11 767
11 767
11 767
11 767
Free-cash
166 051
168 258
139 833
175 838

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105287
₽60972
₽65086
₽97434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 691
unemployment
-
-
-
285
health
-
-
-
18 647
pensions
-
-
-
34 608
total
-
-
-
99 231
Employee

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

41 517
-
163 970
-
unemployment
59
-
230
-
pensions
6 435
-
25 416
-
income
7 160
-
41 577
-
health
2 681
-
10 592
-
total
16 335
-
77 815
-
Employer

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

41 517
-
163 970
-
health
2 765
-
10 920
-
pensions
3 674
-
14 512
-
unemployment
25
-
98
-
total
6 464
-
25 530
-
Corporate
141 519
189 500
-
-
income
26 889
36 005
-
-
total
26 889
36 005
-
-
Dividends
114 629
153 495
-
-
withholding
17 195
23 025
-
-
total
17 195
23 025
-
-
Income
189 500
189 500
189 500
189 500
Total tax
66 883
59 030
103 345
99 231
After tax
122 617
130 470
86 155
90 269
Living cost
25 183
25 183
25 183
25 183
Free-cash
97 434
105 287
60 972
65 086

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75191
₽137173
₽90859
₽30984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
50 926
189 500
-
-
income
11 204
41 690
-
-
total
11 204
41 690
-
-
Dividends
39 723
147 810
-
-
income
8 739
32 518
-
-
total
8 739
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
118 415
74 208
12 226
58 540
After tax
71 085
115 292
177 274
130 960
Living cost
40 101
40 101
40 101
40 101
Free-cash
30 984
75 191
137 173
90 859

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78338
₽56121
₽70488
₽77394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 710
surtax
-
-
-
-
social contributions

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

-
-
-
65 852
total
-
-
-
89 562
Employee
43 181
-
153 132
-
surtax
-
-
-
-
social contributions
4 750
-
16 844
-
income
8 982
-
50 717
-
total
13 732
-
67 561
-
Employer
43 181
-
153 132
-
social contributions
10 255
-
36 368
-
total
10 255
-
36 368
-
Corporate
136 063
189 500
-
-
income
28 573
39 794
-
-
surtax
-
-
-
-
total
28 573
39 794
-
-
Dividends
107 490
149 706
-
-
withholding
30 096
41 918
-
-
total
30 096
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 656
81 712
103 929
89 562
After tax
106 844
107 788
85 571
99 938
Living cost
29 450
29 450
29 450
29 450
Free-cash
77 394
78 338
56 121
70 488

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50161
₽56058
₽60231
₽56615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 391
other
-
-
-
5 874
surtax
-
-
-
-
social contributions
-
-
-
5 399
health
-
-
-
8 766
pensions
-
-
-
31 492
total
-
-
-
83 922
Employee
58 804
-
145 494
-
pensions
6 651
-
10 601
-
surtax
-
-
-
-
social contributions
1 675
-
4 146
-
income
5 131
-
29 340
-
total
13 457
-
44 087
-
Employer
58 804
-
145 494
-
health
4 116
-
14 036
-
pensions
9 662
-
17 761
-
unemployment
2 382
-
5 892
-
social contributions
176
-
437
-
other
2 029
-
5 882
-
total
18 365
-
44 008
-
Corporate
112 330
189 500
-
-
income
31 452
53 061
-
-
surtax
-
-
-
-
total
31 452
53 061
-
-
Dividends
80 878
136 439
-
-
surtax
-
-
-
-
social contributions
13 912
23 467
-
-
withholding
10 352
17 464
-
-
total
24 264
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 538
93 992
88 095
83 922
After tax
101 962
95 508
101 405
105 578
Living cost
45 347
45 347
45 347
45 347
Free-cash
56 615
50 161
56 058
60 231

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142328
₽115544
₽110508
₽139174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 080
social contributions
-
-
-
41 690
total
-
-
-
50 770
Employee
30 184
-
164 070
-
income
-
-
9 639
-
social contributions
1 962
-
10 665
-
total
1 962
-
20 304
-
Employer
30 184
-
164 070
-
social contributions
4 679
-
25 430
-
total
4 679
-
25 430
-
Corporate
154 637
189 500
-
-
income
15 463
18 950
-
-
total
15 463
18 950
-
-
Dividends
139 174
170 550
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
22 104
18 950
45 734
50 770
After tax
167 396
170 550
143 766
138 730
Living cost
28 222
28 222
28 222
28 222
Free-cash
139 174
142 328
115 544
110 508

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15058
-₽15058
₽65153
-₽15058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
labour market
-
-
-
15 095
municipal
-
-
-
40 190
national
-
-
-
23 032
pensions
-
-
-
814
total
-
-
-
79 131
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
159 342
159 342
159 342
79 131
After tax
30 158
30 158
30 158
110 369
Living cost
45 216
45 216
45 216
45 216
Free-cash
-15 058
-15 058
-15 058
65 153

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5273
₽83081
₽108841
₽12186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
240
income
-
-
-
53 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 037
Employee
32 441
-
171 935
-
pensions
3 653
-
7 259
-
income
4 450
-
41 287
-
health
3 715
-
19 686
-
total
11 818
-
68 232
-
Employer
32 441
-
171 935
-
pensions
5 275
-
10 482
-
accident
542
-
2 871
-
unemployment
795
-
4 212
-
total
6 612
-
17 565
-
Corporate
150 448
189 500
-
-
income

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

135 403
170 550
-
-
total
135 403
170 550
-
-
Dividends
15 045
18 950
-
-
withholding
2 859
3 601
-
-
total
2 859
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
156 692
174 151
85 797
60 037
After tax
32 808
15 349
103 703
129 463
Living cost
20 622
20 622
20 622
20 622
Free-cash
12 186
-5 273
83 081
108 841

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81200
₽60969
₽82676
₽84099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 526
municipal
-
-
-
33 655
national
-
-
-
34 597
total
-
-
-
70 778
Employee
49 396
-
159 418
-
municipal
8 091
-
25 956
-
unemployment
741
-
2 391
-
pensions
3 334
-
10 761
-
national
816
-
21 231
-
health
369
-
2 063
-
total
13 351
-
62 402
-
Employer
49 396
-
159 418
-
health
380
-
1 228
-
pensions
8 570
-
27 659
-
accident
50
-
159
-
unemployment
321
-
1 037
-
total
9 321
-
30 083
-
Corporate
130 784
189 500
-
-
income
26 157
37 900
-
-
total
26 157
37 900
-
-
Dividends

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

78 470
113 700
-
-
municipal
14 125
20 466
-
-
national
6 401
13 888
-
-
total
20 526
34 354
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 355
72 254
92 485
70 778
After tax
120 145
117 246
97 015
118 722
Living cost
36 046
36 046
36 046
36 046
Free-cash
84 099
81 200
60 969
82 676

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116423
₽104975
₽106578
₽111315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 161
social contributions
-
-
-
15 191
health
-
-
-
4 832
total
-
-
-
61 184
Employee
72 195
72 195
178 122
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
40 298
-
health
559
1 228
3 029
-
total
11 150
13 903
51 409
-
Employer
72 195
72 195
178 122
-
health
608
1 336
3 296
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
11 378
-
Corporate
153 275
109 977
-
-
income
19 159
13 748
-
-
total
19 159
13 748
-
-
Dividends
134 117
96 229
-
-
withholding
22 800
16 360
-
-
total
22 800
16 360
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 447
51 339
62 787
61 184
After tax
133 053
138 161
126 713
128 316
Living cost
21 738
21 738
21 738
21 738
Free-cash
111 315
116 423
104 975
106 578

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142019
₽126884
₽145717
₽137242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 479
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
28 876
Employee

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

21 550
-
180 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
17 153
-
health
1 832
-
7 572
-
total
6 644
-
38 533
-
Employer

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

21 550
-
180 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
165 731
189 500
-
-
income
14 916
17 054
-
-
total
14 916
17 054
-
-
Dividends
150 815
172 446
-
-
withholding
13 573
15 520
-
-
total
13 573
15 520
-
-
Income
189 500
189 500
189 500
189 500
Total tax
37 351
32 574
47 709
28 876
After tax
152 149
156 926
141 791
160 624
Living cost
14 907
14 907
14 907
14 907
Free-cash
137 242
142 019
126 884
145 717

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
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.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100206
₽76318
₽80259
₽96058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
784
income
-
-
-
57 316
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
83 423
Employee
34 716
-
161 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
54 093
-
total
8 897
-
59 620
-
Employer
34 716
-
161 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
143 716
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.

21 557
28 425
-
-
total
21 557
28 425
-
-
Dividends
122 159
161 075
-
-
withholding
26 102
35 051
-
-
total
26 102
35 051
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 624
63 476
87 364
83 423
After tax
121 876
126 024
102 136
106 077
Living cost
25 818
25 818
25 818
25 818
Free-cash
96 058
100 206
76 318
80 259

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116351
₽120030
₽120164
₽116039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 052
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
67 439
Employee
2 889
-
187 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
64 979
-
health
144
-
346
-
total
992
-
66 017
-
Employer
2 889
-
187 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
185 960
189 500
-
-
income
40 911
41 690
-
-
total
40 911
41 690
-
-
Dividends
145 049
147 810
-
-
withholding
29 010
29 562
-
-
total
29 010
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 564
71 252
67 573
67 439
After tax
117 936
118 248
121 927
122 061
Living cost
1 897
1 897
1 897
1 897
Free-cash
116 039
116 351
120 030
120 164

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120669
₽103562
₽103563
₽116044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 451
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
69 692
Employee

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

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

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

24 497
-
177 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
43 451
-
health
1 262
-
3 575
-
total
8 253
-
57 266
-
Employer

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

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

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

24 497
-
177 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
160 618
189 500
-
-
income
24 093
28 425
-
-
total
24 093
28 425
-
-
Dividends
136 526
161 075
-
-
withholding
20 479
24 161
-
-
total
20 479
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 211
52 586
69 693
69 692
After tax
132 289
136 914
119 807
119 808
Living cost
16 245
16 245
16 245
16 245
Free-cash
116 044
120 669
103 562
103 563

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82477
₽60260
₽74627
₽82139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 710
surtax
-
-
-
-
social contributions

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

-
-
-
65 852
total
-
-
-
89 562
Employee
36 440
-
153 132
-
surtax
-
-
-
-
social contributions
4 009
-
16 844
-
income
7 120
-
50 717
-
total
11 129
-
67 561
-
Employer
36 440
-
153 132
-
social contributions
8 654
-
36 368
-
total
8 654
-
36 368
-
Corporate
144 406
189 500
-
-
income
30 325
39 794
-
-
surtax
-
-
-
-
total
30 325
39 794
-
-
Dividends
114 082
149 706
-
-
withholding
31 942
41 918
-
-
total
31 942
41 918
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 050
81 712
103 929
89 562
After tax
107 450
107 788
85 571
99 938
Living cost
25 312
25 312
25 312
25 312
Free-cash
82 139
82 477
60 260
74 627

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93028
₽69140
₽73081
₽86883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
784
income
-
-
-
57 316
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
83 423
Employee
45 344
-
161 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
54 093
-
total
12 349
-
59 620
-
Employer
45 344
-
161 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
129 700
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.

19 454
28 425
-
-
total
19 454
28 425
-
-
Dividends
110 245
161 075
-
-
withholding
23 362
35 051
-
-
total
23 362
35 051
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 621
63 476
87 364
83 423
After tax
119 879
126 024
102 136
106 077
Living cost
32 996
32 996
32 996
32 996
Free-cash
86 883
93 028
69 140
73 081

Estimated living cost  is ₽32996 per week

₽23697
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.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145871
₽143857
₽136167
₽140149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
28 425
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
37 182
Employee
21 387
-
183 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
18 307
-
health
984
-
1 509
-
total
5 236
-
23 057
-
Employer
21 387
-
183 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
163 917
189 500
-
-
income
16 392
18 950
-
-
total
16 392
18 950
-
-
Dividends
147 526
170 550
-
-
withholding
7 376
8 528
-
-
total
7 376
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
33 200
27 478
29 492
37 182
After tax
156 300
162 022
160 008
152 318
Living cost
16 151
16 151
16 151
16 151
Free-cash
140 149
145 871
143 857
136 167

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61238
₽82218
₽61288
₽73518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 251
surtax

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

-
-
-
3 369
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.

-
-
-
6 414
trade
-
-
-
20 930
total
-
-
-
91 964
Employee

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

46 715
-
189 500
-
surtax

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

212
-
3 369
-
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.

3 841
-
61 251
-
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.

6 414
-
6 414
-
total
10 467
-
71 034
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 785
189 500
-
-
income
21 418
28 425
-
-
surtax

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

1 178
1 563
-
-
chamber of commerce
353
420
-
-
trade
20 490
27 194
-
-
total
43 439
57 602
-
-
Dividends
99 347
131 898
-
-
surtax

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

1 347
1 794
-
-
withholding
24 481
32 618
-
-
total
25 828
34 412
-
-
Income
189 500
189 500
189 500
189 500
Total tax
79 734
92 014
71 034
91 964
After tax
109 766
97 486
118 466
97 536
Living cost
36 248
36 248
36 248
36 248
Free-cash
73 518
61 238
82 218
61 288

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
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.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79166
₽43561
₽43561
₽81241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 282
social contributions
-
-
-
32 174
total
-
-
-
92 456
Employee
73 441
-
189 500
-
income
13 858
-
60 282
-
social contributions
6 101
-
32 174
-
total
19 959
-
92 456
-
Employer
73 441
-
189 500
-
total
-
-
-
-
Corporate
116 059
189 500
-
-
income
14 507
23 688
-
-
total
14 507
23 688
-
-
Dividends
101 552
165 812
-
-
withholding
20 310
33 163
-
-
total
20 310
33 163
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 776
56 851
92 456
92 456
After tax
134 724
132 649
97 044
97 044
Living cost
53 483
53 483
53 483
53 483
Free-cash
81 241
79 166
43 561
43 561

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84132
₽99184
₽121313
₽87415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 680
total
-
-
-
34 105
Employee
43 070
-
185 181
-
income
4 673
-
47 596
-
social contributions
4 315
-
4 319
-
total
8 988
-
51 915
-
Employer
43 070
-
185 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
142 115
189 500
-
-
income
49 740
66 326
-
-
total
49 740
66 326
-
-
Dividends
92 375
123 174
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 003
71 286
56 234
34 105
After tax
121 497
118 214
133 266
155 395
Living cost
34 082
34 082
34 082
34 082
Free-cash
87 415
84 132
99 184
121 313

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86515
₽71881
₽88902
₽92090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
56 664
pensions
-
-
-
8 946
total
-
-
-
65 610
Employee
48 026
-
165 322
-
pensions
3 666
-
10 831
-
income
8 746
-
45 317
-
health
626
-
2 305
-
total
13 038
-
58 453
-
Employer
48 026
-
165 322
-
health
913
-
3 141
-
pensions
4 852
-
21 037
-
total
5 765
-
24 178
-
Corporate
135 709
189 500
-
-
income

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

25 786
36 004
-
-
total
25 786
36 004
-
-
Dividends
109 924
153 496
-
-
withholding
17 833
31 993
-
-
total
17 833
31 993
-
-
Income
189 500
189 500
189 500
189 500
Total tax
62 422
67 997
82 631
65 610
After tax
127 078
121 503
106 869
123 890
Living cost
34 988
34 988
34 988
34 988
Free-cash
92 090
86 515
71 881
88 902

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7315
₽81039
₽106799
₽11874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
accident
-
-
-
240
income
-
-
-
53 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 037
Employee
35 652
-
171 935
-
pensions
4 014
-
7 259
-
income
4 891
-
41 287
-
health
4 082
-
19 686
-
total
12 987
-
68 232
-
Employer
35 652
-
171 935
-
pensions
5 797
-
10 482
-
accident
595
-
2 871
-
unemployment
873
-
4 212
-
total
7 265
-
17 565
-
Corporate
146 583
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.

131 925
170 550
-
-
total
131 925
170 550
-
-
Dividends
14 658
18 950
-
-
withholding
2 785
3 601
-
-
total
2 785
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
154 962
174 151
85 797
60 037
After tax
34 538
15 349
103 703
129 463
Living cost
22 664
22 664
22 664
22 664
Free-cash
11 874
-7 315
81 039
106 799

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132280
₽124551
₽103900
₽142383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 608
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
72 913
Employee

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

20 298
-
189 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
31 608
-
total
7 612
-
52 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 202
189 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 692
18 950
-
-
total
1 692
18 950
-
-
Dividends
167 510
170 550
-
-
withholding
25 126
25 583
-
-
total
25 126
25 583
-
-
Income
189 500
189 500
189 500
189 500
Total tax
34 430
44 533
52 262
72 913
After tax
155 070
144 967
137 238
116 587
Living cost
12 687
12 687
12 687
12 687
Free-cash
142 383
132 280
124 551
103 900

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62411
₽42448
₽50280
₽58143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
social contributions
-
-
-
46 991
regional
-
-
-
4 432
municipal
-
-
-
1 283
national
-
-
-
49 111
total
-
-
-
101 817
Employee
79 116
-
189 500
-
municipal
472
-
1 151
-
national
13 370
-
42 941
-
regional
1 194
-
3 951
-
social contributions
26 677
-
61 606
-
total
41 713
-
109 649
-
Employer
79 116
-
189 500
-
total
-
-
-
-
Corporate
110 384
189 500
-
-
municipal
5 320
9 135
-
-
nationa
26 492
45 480
-
-
total
31 812
54 615
-
-
Dividends
78 572
134 886
-
-
withholding
20 429
35 071
-
-
total
20 429
35 071
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 954
89 686
109 649
101 817
After tax
95 546
99 814
79 851
87 683
Living cost
37 403
37 403
37 403
37 403
Free-cash
58 143
62 411
42 448
50 280

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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