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
₽64825
₽76048
₽66361
₽88776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 415
income

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

-
-
-
59 771
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.

-
-
-
6 932
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.

-
-
-
3 287
total
-
-
-
92 405
Employee

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

38 810
-
189 500
-
health

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

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

6 932
-
6 932
-
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.

60
-
3 287
-
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.

1 084
-
59 771
-
total
8 076
-
69 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 690
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.

1 244
1 564
-
-
income
22 604
28 425
-
-
trade
23 734
29 846
-
-
chamber of commerce
370
426
-
-
total
47 952
60 261
-
-
Dividends
102 738
129 240
-
-
surtax

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

1 392
1 756
-
-
withholding
25 298
31 924
-
-
total
26 690
33 680
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 718
93 941
69 990
92 405
After tax
106 782
95 559
119 510
97 095
Living cost
30 734
30 734
30 734
30 734
Free-cash
76 048
64 825
88 776
66 361

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
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.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67122
₽66273
₽59534
₽60551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 844
pensions
-
-
-
22 740
national
-
-
-
33 219
social contributions
-
-
-
2 037
total
-
-
-
78 840
Employee
79 255
-
163 821
-
municipal
9 789
-
21 577
-
pensions
3 170
-
6 553
-
national
15 169
-
34 826
-
total
28 128
-
62 956
-
Employer
79 255
-
163 821
-
social contributions
852
-
1 761
-
pensions
6 340
-
13 106
-
total
7 192
-
14 867
-
Corporate
97 822
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%.

19 564
37 900
-
-
total
19 564
37 900
-
-
Dividends
78 258
151 600
-
-
withholding
17 217
33 352
-
-
total
17 217
33 352
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 101
71 252
77 823
78 840
After tax
117 399
118 248
111 677
110 660
Living cost
51 126
51 126
51 126
51 126
Free-cash
66 273
67 122
60 551
59 534

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130489
₽122167
₽45208
₽59239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
35 983
surtax
-
-
-
48 322
social contributions

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

-
-
-
38 877
total
-
-
-
123 182
Employee
29 650
-
144 477
-
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.

3 262
-
13 302
-
surtax
-
-
20 950
-
income
5 278
-
29 875
-
total
8 540
-
64 127
-
Employer
29 650
-
144 477
-
social contributions

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

7 142
-
29 132
-
surtax
-
-
15 892
-
total
7 142
-
45 024
-
Corporate
152 708
189 500
-
-
income

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

30 541
37 901
-
-
total
30 541
37 901
-
-
Dividends

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

122 167
151 599
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
46 223
37 901
109 151
123 182
After tax
143 277
151 599
80 349
66 318
Living cost
21 110
21 110
21 110
21 110
Free-cash
122 167
130 489
59 239
45 208

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51473
₽45257
₽61365
₽77056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
61 228
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
85 628
Employee
86 650
86 650
170 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
26 680
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
51 080
-
Employer
86 650
86 650
170 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
88 739
87 677
-
-
income
17 748
17 536
-
-
total
17 748
17 536
-
-
Dividends
70 992
70 140
-
-
income
15 087
14 906
-
-
withholding
10 648
10 521
-
-
total
25 735
25 427
-
-
Income
189 500
189 500
189 500
189 500
Total tax
101 736
95 520
69 937
85 628
After tax
87 764
93 980
119 563
103 872
Living cost
42 507
42 507
42 507
42 507
Free-cash
45 257
51 473
77 056
61 365

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64362
₽63486
₽57161
₽56212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 105
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
19 300
total
-
-
-
93 234
Employee
55 722
-
162 571
-
municipal
16 616
-
48 479
-
national
-
-
18 775
-
total
16 616
-
67 254
-
Employer
55 722
-
162 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
116 271
189 500
-
-
income
25 579
41 690
-
-
total
25 579
41 690
-
-
Dividends
90 691
147 810
-
-
withholding
27 207
44 343
-
-
total
27 207
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 909
86 033
94 183
93 234
After tax
102 591
103 467
95 317
96 266
Living cost
39 105
39 105
39 105
39 105
Free-cash
63 486
64 362
56 212
57 161

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54723
₽68982
₽56236
₽79649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 413
income

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

-
-
-
59 771
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.

-
-
-
6 932
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.

-
-
-
3 287
total
-
-
-
93 403
Employee

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

51 457
-
189 500
-
health

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

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

6 932
-
6 932
-
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.

243
-
3 287
-
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.

4 421
-
59 771
-
total
11 596
-
69 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 043
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.

1 138
1 564
-
-
income
20 707
28 425
-
-
trade
22 708
31 173
-
-
chamber of commerce
350
424
-
-
total
44 903
61 586
-
-
Dividends
93 139
127 915
-
-
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.

1 259
1 737
-
-
withholding
22 899
31 593
-
-
total
24 158
33 330
-
-
Income
189 500
189 500
189 500
189 500
Total tax
80 657
94 916
69 990
93 403
After tax
108 843
94 584
119 510
96 097
Living cost
39 861
39 861
39 861
39 861
Free-cash
68 982
54 723
79 649
56 236

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105295
₽101088
₽96073
₽94437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
39 266
health
-
-
-
4 833
social contributions
-
-
-
16 417
total
-
-
-
60 516
Employee
78 025
78 025
177 483
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
3 017
-
income
8 193
7 223
38 384
-
total
12 760
15 026
50 135
-
Employer
78 025
78 025
177 483
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
3 283
-
total
4 636
7 920
12 017
-
Corporate
139 191
103 556
-
-
income
17 399
12 944
-
-
total
17 399
12 944
-
-
Dividends
121 792
90 612
-
-
withholding
20 706
15 404
-
-
total
20 706
15 404
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 501
51 294
62 152
60 516
After tax
133 999
138 206
127 348
128 984
Living cost
32 911
32 911
32 911
32 911
Free-cash
101 088
105 295
94 437
96 073

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87954
₽88338
₽112801
₽91378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
158 577
-
health
1 867
743
11 100
-
income
3 260
1 298
19 386
-
pensions
2 667
1 061
15 858
-
unemployment
400
159
2 379
-
total
8 194
3 261
48 723
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
158 577
-
pensions
5 201
2 070
30 923
-
total
5 201
2 070
30 923
-
Corporate
157 629
176 816
-
-
income
14 187
15 913
-
-
total
14 187
15 913
-
-
Dividends
143 442
160 902
-
-
social contributions
27 850
31 255
-
-
withholding
27 254
30 571
-
-
total
55 104
61 826
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 686
83 070
79 646
58 223
After tax
106 814
106 430
109 854
131 277
Living cost
18 476
18 476
18 476
18 476
Free-cash
88 338
87 954
91 378
112 801

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127091
₽120789
₽77063
₽84719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 392
pensions
-
-
-
37 901
health
-
-
-
24 636
total
-
-
-
87 929
Employee
28 785
-
141 631
-
income
3 241
-
27 306
-
pensions
576
-
2 832
-
unemployment
460
-
2 266
-
total
4 277
-
32 404
-
Employer
28 785
-
141 631
-
unemployment
231
-
1 132
-
pensions
5 757
-
28 325
-
health
3 741
-
18 412
-
total
9 729
-
47 869
-
Corporate
150 985
189 500
-
-
income
30 197
37 901
-
-
total
30 197
37 901
-
-
Dividends
120 789
151 599
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
44 203
37 901
80 273
87 929
After tax
145 297
151 599
109 227
101 571
Living cost
24 508
24 508
24 508
24 508
Free-cash
120 789
127 091
84 719
77 063

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6755
₽11961
₽107393
₽81267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
53 005
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
60 003
Employee
34 771
-
171 370
-
health
3 981
-
19 622
-
income
4 770
-
40 710
-
pensions
3 915
-
7 666
-
total
12 666
-
67 998
-
Employer
34 771
-
171 370
-
accident
580
-
2 862
-
unemployment
852
-
4 199
-
pensions
5 654
-
11 070
-
total
7 086
-
18 131
-
Corporate
147 642
189 500
-
-
income

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

132 878
170 550
-
-
total
132 878
170 550
-
-
Dividends
14 764
18 950
-
-
withholding
2 805
3 601
-
-
total
2 805
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 435
174 151
86 129
60 003
After tax
34 065
15 349
103 371
129 497
Living cost
22 104
22 104
22 104
22 104
Free-cash
11 961
-6 755
81 267
107 393

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170763
₽169027
₽178343
₽142338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
189 500
-
income
2 315
-
37 900
-
total
2 315
-
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%.

177 923
189 500
-
-
total
-
-
-
-
Dividends
177 923
189 500
-
-
withholding
8 896
9 475
-
-
total
8 896
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 211
9 475
37 900
1 895
After tax
178 289
180 025
151 600
187 605
Living cost
9 262
9 262
9 262
9 262
Free-cash
169 027
170 763
142 338
178 343

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112189
₽105335
₽81019
₽80107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
30 293
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.

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
81 444
Employee
36 842
-
151 357
-
health
516
-
2 118
-
income
6 343
-
29 989
-
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.

2 578
-
10 594
-
unemployment
368
-
1 513
-
total
9 805
-
44 214
-
Employer
36 842
-
151 357
-
accident
295
-
1 211
-
other
1 843
-
7 569
-
unemployment
368
-
1 513
-
pensions

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

6 264
-
25 731
-
health
516
-
2 118
-
total
9 286
-
38 142
-
Corporate
143 373
189 500
-
-
income
30 108
39 795
-
-
total
30 108
39 795
-
-
Dividends
113 265
149 705
-
-
withholding
7 929
10 479
-
-
total
7 929
10 479
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 128
50 274
82 356
81 444
After tax
132 372
139 226
107 144
108 056
Living cost
27 037
27 037
27 037
27 037
Free-cash
105 335
112 189
80 107
81 019

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54578
₽59440
₽56498
₽39395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
55 128
pensions
-
-
-
9 395
total
-
-
-
64 523
Employee
96 888
-
165 455
-
health
1 597
-
2 364
-
income
17 465
-
43 727
-
pensions
9 347
-
11 490
-
total
28 409
-
57 581
-
Employer
96 888
-
165 455
-
pensions
11 440
-
20 902
-
health
1 840
-
3 143
-
total
13 280
-
24 045
-
Corporate
79 332
189 500
-
-
income

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

15 073
36 006
-
-
total
15 073
36 006
-
-
Dividends
64 260
153 494
-
-
withholding
4 819
30 437
-
-
total
4 819
30 437
-
-
Income
189 500
189 500
189 500
189 500
Total tax
61 581
66 443
81 626
64 523
After tax
127 919
123 057
107 874
124 977
Living cost
68 479
68 479
68 479
68 479
Free-cash
59 440
54 578
39 395
56 498

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148709
₽143993
₽138292
₽145840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
28 425
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
37 895
Employee
17 628
-
182 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
18 254
-
pensions

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

1 548
-
3 114
-
total
4 316
-
23 389
-
Employer
17 628
-
182 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
168 413
189 500
-
-
income
16 841
18 950
-
-
total
16 841
18 950
-
-
Dividends
151 572
170 550
-
-
withholding
7 578
8 528
-
-
total
7 578
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
32 194
27 478
30 347
37 895
After tax
157 306
162 022
159 153
151 605
Living cost
13 313
13 313
13 313
13 313
Free-cash
143 993
148 709
145 840
138 292

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37714
₽40268
₽47606
₽63297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
61 228
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
85 628
Employee
94 074
86 650
170 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
26 680
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
51 080
-
Employer
94 074
86 650
170 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
78 955
87 677
-
-
income
15 791
17 536
-
-
total
15 791
17 536
-
-
Dividends
63 163
70 140
-
-
income
13 423
14 906
-
-
withholding
9 474
10 521
-
-
total
22 897
25 427
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 966
95 520
69 937
85 628
After tax
96 534
93 980
119 563
103 872
Living cost
56 266
56 266
56 266
56 266
Free-cash
40 268
37 714
63 297
47 606

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106145
₽97465
₽84617
₽76661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 337
health
-
-
-
25 583
solidarity contribution
-
-
-
632
social contributions
-
-
-
35 005
total
-
-
-
80 557
Employee
35 774
-
146 358
-
social contributions
2 325
-
7 792
-
health
4 830
-
19 758
-
solidarity contribution
-
-
-
-
income
4 293
-
17 821
-
total
11 448
-
45 371
-
Employer
35 774
-
146 358
-
social contributions
8 944
-
29 970
-
health
3 220
-
13 172
-
total
12 164
-
43 142
-
Corporate
141 563
189 500
-
-
income
26 897
36 005
-
-
total
26 897
36 005
-
-
Dividends
114 666
153 495
-
-
withholding
17 200
23 024
-
-
total
17 200
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 709
59 029
88 513
80 557
After tax
121 791
130 471
100 987
108 943
Living cost
24 326
24 326
24 326
24 326
Free-cash
97 465
106 145
76 661
84 617

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58289
₽52993
₽47122
₽38559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 126
regional
-
-
-
2 248
national
-
-
-
47 448
social contributions
-
-
-
48 740
total
-
-
-
99 562
Employee
90 179
-
189 500
-
social contributions
30 408
-
63 900
-
regional
851
-
1 986
-
municipal
478
-
1 005
-
national
15 626
-
41 234
-
total
47 363
-
108 125
-
Employer
90 179
-
189 500
-
total
-
-
-
-
Corporate
99 321
189 500
-
-
nationa
23 836
45 480
-
-
municipal
3 874
7 390
-
-
total
27 710
52 870
-
-
Dividends
71 610
136 630
-
-
withholding
18 618
35 525
-
-
total
18 618
35 525
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 691
88 395
108 125
99 562
After tax
95 809
101 105
81 375
89 938
Living cost
42 816
42 816
42 816
42 816
Free-cash
52 993
58 289
38 559
47 122

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96805
₽93647
₽67142
₽60935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
54 407
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
8 630
total
-
-
-
99 967
Employee
33 555
-
160 994
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
7 417
-
income
5 625
-
48 339
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
77 668
-
Employer
33 555
-
160 994
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
148 882
189 500
-
-
income
38 709
49 269
-
-
total
38 709
49 269
-
-
Dividends
110 173
140 231
-
-
withholding
16 525
21 035
-
-
total
16 525
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 462
70 304
106 174
99 967
After tax
116 038
119 196
83 326
89 533
Living cost
22 391
22 391
22 391
22 391
Free-cash
93 647
96 805
60 935
67 142

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76274
₽83039
₽78194
₽61091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
55 128
pensions
-
-
-
9 395
total
-
-
-
64 523
Employee
64 932
-
165 455
-
health
943
-
2 364
-
income
11 695
-
43 727
-
pensions
5 511
-
11 490
-
total
18 149
-
57 581
-
Employer
64 932
-
165 455
-
pensions
7 029
-
20 902
-
health
1 233
-
3 143
-
total
8 262
-
24 045
-
Corporate
116 306
189 500
-
-
income

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

22 099
36 006
-
-
total
22 099
36 006
-
-
Dividends
94 207
153 494
-
-
withholding
11 168
30 437
-
-
total
11 168
30 437
-
-
Income
189 500
189 500
189 500
189 500
Total tax
59 678
66 443
81 626
64 523
After tax
129 822
123 057
107 874
124 977
Living cost
46 783
46 783
46 783
46 783
Free-cash
83 039
76 274
61 091
78 194

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9328
₽42413
₽75113
₽66661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 998
pensions
-
-
-
17 435
other

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

-
-
-
3 789
regional
-
-
-
9 735
health
-
-
-
427
national
-
-
-
3 677
total
-
-
-
37 061
Employee
90 491
-
169 664
-
city
971
-
1 823
-
regional
2 963
-
8 421
-
health
205
-
381
-
pensions
7 602
-
14 194
-
unemployment
-
-
-
-
national
428
-
2 725
-
total
12 169
-
27 544
-
Employer
90 491
-
169 664
-
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.

1 809
-
3 394
-
unemployment
-
-
-
-
pensions
7 602
-
14 194
-
health
205
-
381
-
total
9 616
-
17 969
-
Corporate
88 398
189 500
-
-
regional
18 696
40 080
-
-
national
7 513
16 107
-
-
total
26 209
56 187
-
-
Dividends
62 189
133 314
-
-
withholding
21 767
46 659
-
-
total
21 767
46 659
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 761
102 846
45 513
37 061
After tax
119 739
86 654
143 987
152 439
Living cost
77 326
77 326
77 326
77 326
Free-cash
42 413
9 328
66 661
75 113

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47125
₽63577
₽48619
₽73027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 408
income

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

-
-
-
59 771
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.

-
-
-
6 932
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.

-
-
-
3 287
total
-
-
-
94 398
Employee

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

60 981
-
189 500
-
health

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

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

6 932
-
6 932
-
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.

395
-
3 287
-
income

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

7 171
-
59 771
-
total
14 498
-
69 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 519
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.

1 061
1 564
-
-
income
19 279
28 425
-
-
trade
22 042
32 500
-
-
chamber of commerce
335
422
-
-
total
42 717
62 911
-
-
Dividends
85 803
126 590
-
-
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.

1 159
1 720
-
-
withholding
21 066
31 261
-
-
total
22 225
32 981
-
-
Income
189 500
189 500
189 500
189 500
Total tax
79 440
95 892
69 990
94 398
After tax
110 060
93 608
119 510
95 102
Living cost
46 483
46 483
46 483
46 483
Free-cash
63 577
47 125
73 027
48 619

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60791
₽66786
₽71899
₽68192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
30 498
pensions
-
-
-
32 764
other
-
-
-
5 875
health
-
-
-
8 349
surtax
-
-
-
-
social contributions
-
-
-
5 399
total
-
-
-
82 885
Employee
43 427
-
146 239
-
social contributions
1 238
-
4 167
-
surtax
-
-
-
-
income
2 563
-
28 819
-
pensions
4 910
-
10 344
-
total
8 711
-
43 330
-
Employer
43 427
-
146 239
-
other
1 498
-
5 779
-
social contributions
131
-
439
-
unemployment
1 758
-
5 923
-
pensions
7 134
-
17 383
-
health
3 040
-
13 738
-
total
13 561
-
43 262
-
Corporate
132 511
189 500
-
-
surtax
-
-
-
-
income
37 104
53 061
-
-
total
37 104
53 061
-
-
Dividends
95 408
136 439
-
-
surtax
-
-
-
-
social contributions
16 410
23 467
-
-
withholding
12 212
17 465
-
-
total
28 622
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 998
93 993
86 592
82 885
After tax
101 502
95 507
102 908
106 615
Living cost
34 716
34 716
34 716
34 716
Free-cash
66 786
60 791
68 192
71 899

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64231
₽69871
₽75339
₽71632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
30 498
pensions
-
-
-
32 764
other
-
-
-
5 875
health
-
-
-
8 349
surtax
-
-
-
-
social contributions
-
-
-
5 399
total
-
-
-
82 885
Employee
38 765
-
146 239
-
social contributions
1 105
-
4 167
-
surtax
-
-
-
-
income
1 999
-
28 819
-
pensions
4 384
-
10 344
-
total
7 488
-
43 330
-
Employer
38 765
-
146 239
-
other
1 338
-
5 779
-
social contributions
116
-
439
-
unemployment
1 569
-
5 923
-
pensions
6 370
-
17 383
-
health
2 713
-
13 738
-
total
12 106
-
43 262
-
Corporate
138 629
189 500
-
-
surtax
-
-
-
-
income
38 815
53 061
-
-
total
38 815
53 061
-
-
Dividends
99 814
136 439
-
-
surtax
-
-
-
-
social contributions
17 168
23 467
-
-
withholding
12 776
17 465
-
-
total
29 944
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 353
93 993
86 592
82 885
After tax
101 147
95 507
102 908
106 615
Living cost
31 276
31 276
31 276
31 276
Free-cash
69 871
64 231
71 632
75 339

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94094
₽94623
₽100181
₽95956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 227
social contributions
-
-
-
26 151
total
-
-
-
67 803
Employee
34 404
-
189 500
-
social contributions
4 748
-
26 151
-
health
2 401
-
13 227
-
income
5 738
-
32 650
-
total
12 887
-
72 028
-
Employer
34 404
-
189 500
-
total
-
-
-
-
Corporate
155 096
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%.

7 754
9 476
-
-
total
7 754
9 476
-
-
Dividends
147 342
180 024
-
-
health
10 284
12 566
-
-
social contributions
20 334
24 844
-
-
withholding
22 102
27 004
-
-
total
52 720
64 414
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 361
73 890
72 028
67 803
After tax
116 139
115 610
117 472
121 697
Living cost
21 516
21 516
21 516
21 516
Free-cash
94 623
94 094
95 956
100 181

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68994
₽67424
₽61536
₽14335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
759
income
-
-
-
54 031
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
92 210
Employee
50 709
40 437
152 691
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
43 924
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
65 393
-
Employer
50 709
40 437
152 691
-
accident
659
526
1 540
-
other
2 409
1 920
6 963
-
chamber of commerce
202
162
610
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
4 581
-
health
1 916
1 529
4 481
-
total
14 792
11 839
36 809
-
Corporate
123 998
137 225
148 840
-
income

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

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

31 000
34 306
37 209
-
total
31 000
34 306
37 209
-
Dividends
92 999
102 919
-
-
withholding
25 575
28 302
-
-
total
25 575
28 302
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 322
84 752
139 411
92 210
After tax
103 178
104 748
50 089
97 290
Living cost
35 754
35 754
35 754
35 754
Free-cash
67 424
68 994
14 335
61 536

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68960
₽53742
₽45226
₽29122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
72 126
communal

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

-
-
-
9 853
social contributions
-
-
-
25 298
total
-
-
-
107 277
Employee

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

72 581
-
146 772
-
communal

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

3 786
-
7 656
-
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.

3 410
-
6 899
-
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.

5 444
-
11 008
-
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.

632
-
1 277
-
national
22 314
-
53 817
-
total
35 586
-
80 657
-
Employer

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

72 581
-
146 772
-
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.

944
-
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.

1 059
-
2 143
-
surtax
8 230
-
16 645
-
pensions

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

6 431
-
13 003
-
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.

4 463
-
9 025
-
total
21 127
-
42 724
-
Corporate
95 792
189 500
-
-
surtax
383
759
-
-
income
19 159
37 901
-
-
total
19 542
38 660
-
-
Dividends
76 249
150 841
-
-
withholding

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

22 506
44 883
-
-
total
22 506
44 883
-
-
Income
189 500
189 500
189 500
189 500
Total tax
98 761
83 543
123 381
107 277
After tax
90 739
105 957
66 119
82 223
Living cost
36 997
36 997
36 997
36 997
Free-cash
53 742
68 960
29 122
45 226

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89539
₽82589
₽69582
₽65324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
55 058
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
83 273
Employee
50 509
-
159 517
-
other
50
-
94
-
income
10 657
-
51 575
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
57 548
-
Employer
50 509
-
159 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
122 892
189 500
-
-
income

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

18 433
28 425
-
-
total
18 433
28 425
-
-
Dividends
104 458
161 075
-
-
withholding
21 869
34 891
-
-
total
21 869
34 891
-
-
Income
189 500
189 500
189 500
189 500
Total tax
70 266
63 316
87 531
83 273
After tax
119 234
126 184
101 969
106 227
Living cost
36 645
36 645
36 645
36 645
Free-cash
82 589
89 539
65 324
69 582

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽54952
₽41621
₽37342
₽44898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 598
income
-
-
-
32 327
pensions
-
-
-
28 404
health
-
-
-
13 315
surtax
-
-
-
9 395
communal
-
-
-
11 977
total
-
-
-
97 016
Employee
76 841
-
169 272
-
health
3 420
-
7 533
-
surtax
4 710
-
10 373
-
income
7 422
-
37 785
-
pensions
6 146
-
13 542
-
total
21 698
-
69 233
-
Employer
76 841
-
169 272
-
accident
691
-
1 523
-
pensions
6 146
-
13 542
-
health
2 343
-
5 162
-
total
9 180
-
20 227
-
Corporate
103 478
189 500
-
-
surtax
1 086
1 989
-
-
communal
6 984
12 791
-
-
income
15 522
28 425
-
-
total
23 592
43 205
-
-
Dividends
79 886
146 294
-
-
income
26 284
14 257
-
-
withholding
11 983
21 944
-
-
total
38 267
36 201
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 737
79 406
89 460
97 016
After tax
96 763
110 094
100 040
92 484
Living cost
55 142
55 142
55 142
55 142
Free-cash
41 621
54 952
44 898
37 342

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96405
₽93178
₽66742
₽60535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
54 407
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
8 630
total
-
-
-
99 967
Employee
34 171
-
160 994
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
7 417
-
income
5 729
-
48 339
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
77 668
-
Employer
34 171
-
160 994
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
148 135
189 500
-
-
income
38 515
49 269
-
-
total
38 515
49 269
-
-
Dividends
109 620
140 231
-
-
withholding
16 442
21 035
-
-
total
16 442
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 531
70 304
106 174
99 967
After tax
115 969
119 196
83 326
89 533
Living cost
22 791
22 791
22 791
22 791
Free-cash
93 178
96 405
60 535
66 742

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72272
₽70021
₽61996
₽53478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 126
regional
-
-
-
2 857
national
-
-
-
47 448
social contributions
-
-
-
48 740
total
-
-
-
100 171
Employee
56 286
-
189 500
-
social contributions
18 980
-
63 900
-
regional
758
-
2 550
-
municipal
298
-
1 005
-
national
8 917
-
41 234
-
total
28 953
-
108 689
-
Employer
56 286
-
189 500
-
total
-
-
-
-
Corporate
133 214
189 500
-
-
nationa
31 972
45 480
-
-
municipal
6 620
9 418
-
-
total
38 592
54 898
-
-
Dividends
94 622
134 602
-
-
withholding
24 601
34 997
-
-
total
24 601
34 997
-
-
Income
189 500
189 500
189 500
189 500
Total tax
92 146
89 895
108 689
100 171
After tax
97 354
99 605
80 811
89 329
Living cost
27 333
27 333
27 333
27 333
Free-cash
70 021
72 272
53 478
61 996

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100494
₽89801
₽78966
₽71010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 337
health
-
-
-
25 583
solidarity contribution
-
-
-
632
social contributions
-
-
-
35 005
total
-
-
-
80 557
Employee
44 083
-
146 358
-
social contributions
2 865
-
7 792
-
health
5 951
-
19 758
-
solidarity contribution
-
-
-
-
income
5 290
-
17 821
-
total
14 106
-
45 371
-
Employer
44 083
-
146 358
-
social contributions
11 021
-
29 970
-
health
3 967
-
13 172
-
total
14 988
-
43 142
-
Corporate
130 429
189 500
-
-
income
24 781
36 005
-
-
total
24 781
36 005
-
-
Dividends
105 647
153 495
-
-
withholding
15 847
23 024
-
-
total
15 847
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 722
59 029
88 513
80 557
After tax
119 778
130 471
100 987
108 943
Living cost
29 977
29 977
29 977
29 977
Free-cash
89 801
100 494
71 010
78 966

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72484
₽71980
₽65118
₽17764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
759
income
-
-
-
54 031
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
92 010
Employee
44 355
40 437
152 878
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
44 014
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
65 483
-
Employer
44 355
40 437
152 878
-
accident
576
526
1 540
-
other
2 107
1 920
6 969
-
chamber of commerce
177
162
612
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
4 587
-
health
1 677
1 529
4 481
-
total
12 766
11 639
36 623
-
Corporate
132 381
137 425
149 027
-
income

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

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

33 095
34 356
37 258
-
total
33 095
34 356
37 258
-
Dividends
99 286
103 069
-
-
withholding
27 304
28 344
-
-
total
27 304
28 344
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 148
84 644
139 364
92 010
After tax
104 352
104 856
50 136
97 490
Living cost
32 372
32 372
32 372
32 372
Free-cash
71 980
72 484
17 764
65 118

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165592
₽162886
₽173172
₽137167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
189 500
-
income
3 608
-
37 900
-
total
3 608
-
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%.

171 459
189 500
-
-
total
-
-
-
-
Dividends
171 459
189 500
-
-
withholding
8 573
9 475
-
-
total
8 573
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
12 181
9 475
37 900
1 895
After tax
177 319
180 025
151 600
187 605
Living cost
14 433
14 433
14 433
14 433
Free-cash
162 886
165 592
137 167
173 172

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103256
₽94768
₽64790
₽59773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 954
pensions
-
-
-
34 608
unemployment
-
-
-
285
health
-
-
-
18 647
total
-
-
-
97 494
Employee

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

44 870
-
163 971
-
health
2 898
-
10 592
-
income
7 738
-
40 746
-
pensions
6 955
-
25 415
-
unemployment
64
-
229
-
total
17 655
-
76 982
-
Employer

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

44 870
-
163 971
-
unemployment
27
-
98
-
pensions
3 970
-
14 511
-
health
2 988
-
10 920
-
total
6 985
-
25 529
-
Corporate
137 644
189 500
-
-
income
26 153
36 004
-
-
total
26 153
36 004
-
-
Dividends
111 491
153 496
-
-
withholding
16 723
23 024
-
-
total
16 723
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 516
59 028
102 511
97 494
After tax
121 984
130 472
86 989
92 006
Living cost
27 216
27 216
27 216
27 216
Free-cash
94 768
103 256
59 773
64 790

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71308
₽22821
₽86976
₽132106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
36 937
social contributions
-
-
-
21 603
total
-
-
-
58 540
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
37 509
189 500
-
-
income
8 252
41 690
-
-
total
8 252
41 690
-
-
Dividends
29 257
147 810
-
-
income
6 436
32 518
-
-
total
6 436
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
122 695
74 208
13 410
58 540
After tax
66 805
115 292
176 090
130 960
Living cost
43 984
43 984
43 984
43 984
Free-cash
22 821
71 308
132 106
86 976

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75961
₽74939
₽68967
₽54601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
189 500
income
-
-
-
22 854
surtax
-
-
-
-
social contributions

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

-
-
-
65 852
total
-
-
-
88 706
Employee
46 668
-
153 132
-
social contributions
5 134
-
16 845
-
surtax
-
-
-
-
income
9 707
-
49 859
-
total
14 841
-
66 704
-
Employer
46 668
-
153 132
-
social contributions
11 084
-
36 368
-
total
11 084
-
36 368
-
Corporate
131 749
189 500
-
-
surtax
-
-
-
-
income
27 666
39 795
-
-
total
27 666
39 795
-
-
Dividends
104 082
149 705
-
-
withholding
29 143
41 917
-
-
total
29 143
41 917
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 734
81 712
103 072
88 706
After tax
106 766
107 788
86 428
100 794
Living cost
31 827
31 827
31 827
31 827
Free-cash
74 939
75 961
54 601
68 967

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46499
₽53478
₽57607
₽53900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
30 498
pensions
-
-
-
32 764
other
-
-
-
5 875
health
-
-
-
8 349
surtax
-
-
-
-
social contributions
-
-
-
5 399
total
-
-
-
82 885
Employee
63 552
-
146 239
-
social contributions
1 810
-
4 167
-
surtax
-
-
-
-
income
5 545
-
28 819
-
pensions
7 188
-
10 344
-
total
14 543
-
43 330
-
Employer
63 552
-
146 239
-
other
2 193
-
5 779
-
social contributions
191
-
439
-
unemployment
2 574
-
5 923
-
pensions
10 442
-
17 383
-
health
4 448
-
13 738
-
total
19 848
-
43 262
-
Corporate
106 100
189 500
-
-
surtax
-
-
-
-
income
29 707
53 061
-
-
total
29 707
53 061
-
-
Dividends
76 392
136 439
-
-
surtax
-
-
-
-
social contributions
13 138
23 467
-
-
withholding
9 778
17 465
-
-
total
22 916
40 932
-
-
Income
189 500
189 500
189 500
189 500
Total tax
87 014
93 993
86 592
82 885
After tax
102 486
95 507
102 908
106 615
Living cost
49 008
49 008
49 008
49 008
Free-cash
53 478
46 499
53 900
57 607

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140050
₽136639
₽108690
₽113725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
8 619
social contributions
-
-
-
41 690
total
-
-
-
50 309
Employee
32 621
-
164 069
-
income
-
-
9 179
-
social contributions
2 120
-
10 664
-
total
2 120
-
19 843
-
Employer
32 621
-
164 069
-
social contributions
5 057
-
25 431
-
total
5 057
-
25 431
-
Corporate
151 822
189 500
-
-
income
15 183
18 949
-
-
total
15 183
18 949
-
-
Dividends
136 639
170 551
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
22 360
18 949
45 274
50 309
After tax
167 140
170 551
144 226
139 191
Living cost
30 501
30 501
30 501
30 501
Free-cash
136 639
140 050
113 725
108 690

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
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.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31601
-₽31601
₽62268
-₽31601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
39 793
pensions
-
-
-
880
national
-
-
-
22 596
labour market
-
-
-
15 090
total
-
-
-
78 359
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
172 228
172 228
172 228
78 359
After tax
17 272
17 272
17 272
111 141
Living cost
48 873
48 873
48 873
48 873
Free-cash
-31 601
-31 601
-31 601
62 268

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6429
₽12010
₽107719
₽81593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
53 005
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
60 003
Employee
34 259
-
171 370
-
health
3 923
-
19 622
-
income
4 700
-
40 710
-
pensions
3 858
-
7 666
-
total
12 481
-
67 998
-
Employer
34 259
-
171 370
-
accident
572
-
2 862
-
unemployment
839
-
4 199
-
pensions
5 570
-
11 070
-
total
6 981
-
18 131
-
Corporate
148 259
189 500
-
-
income

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

133 433
170 550
-
-
total
133 433
170 550
-
-
Dividends
14 826
18 950
-
-
withholding
2 817
3 601
-
-
total
2 817
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
155 712
174 151
86 129
60 003
After tax
33 788
15 349
103 371
129 497
Living cost
21 778
21 778
21 778
21 778
Free-cash
12 010
-6 429
81 593
107 719

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79116
₽81927
₽81703
₽59768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
33 661
health
-
-
-
2 496
national
-
-
-
32 683
total
-
-
-
68 840
Employee
53 385
-
159 419
-
health
399
-
2 031
-
municipal
8 744
-
25 962
-
pensions
3 603
-
10 760
-
unemployment
801
-
2 392
-
national
882
-
19 548
-
total
14 429
-
60 693
-
Employer
53 385
-
159 419
-
accident
54
-
160
-
unemployment
347
-
1 036
-
pensions
9 262
-
27 659
-
health
410
-
1 227
-
total
10 073
-
30 082
-
Corporate
126 043
189 500
-
-
income
25 209
37 901
-
-
total
25 209
37 901
-
-
Dividends

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

75 625
113 699
-
-
national
5 293
13 059
-
-
municipal
13 612
20 467
-
-
total
18 905
33 526
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 616
71 427
90 775
68 840
After tax
120 884
118 073
98 725
120 660
Living cost
38 957
38 957
38 957
38 957
Free-cash
81 927
79 116
59 768
81 703

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114713
₽109191
₽105491
₽103855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
39 266
health
-
-
-
4 833
social contributions
-
-
-
16 417
total
-
-
-
60 516
Employee
78 025
78 025
177 483
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
3 017
-
income
8 496
7 223
38 384
-
total
12 051
15 026
50 135
-
Employer
78 025
78 025
177 483
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
3 283
-
total
3 607
7 920
12 017
-
Corporate
150 351
103 556
-
-
income
18 793
12 944
-
-
total
18 793
12 944
-
-
Dividends
131 557
90 612
-
-
withholding
22 365
15 404
-
-
total
22 365
15 404
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 816
51 294
62 152
60 516
After tax
132 684
138 206
127 348
128 984
Living cost
23 493
23 493
23 493
23 493
Free-cash
109 191
114 713
103 855
105 491

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140815
₽135654
₽143866
₽123512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 369
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
29 524
Employee

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

23 291
-
179 583
-
health
1 979
-
8 184
-
income
1 592
-
16 855
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
39 962
-
Employer

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

23 291
-
179 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
163 812
189 500
-
-
income
14 744
17 055
-
-
total
14 744
17 055
-
-
Dividends
149 068
172 445
-
-
withholding
13 415
15 520
-
-
total
13 415
15 520
-
-
Income
189 500
189 500
189 500
189 500
Total tax
37 736
32 575
49 878
29 524
After tax
151 764
156 925
139 622
159 976
Living cost
16 110
16 110
16 110
16 110
Free-cash
135 654
140 815
123 512
143 866

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98281
₽93801
₽78324
₽74066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
55 058
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
83 273
Employee
37 519
-
159 517
-
other
37
-
94
-
income
7 233
-
51 575
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
57 548
-
Employer
37 519
-
159 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
140 020
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.

21 002
28 425
-
-
total
21 002
28 425
-
-
Dividends
119 017
161 075
-
-
withholding
25 217
34 891
-
-
total
25 217
34 891
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 796
63 316
87 531
83 273
After tax
121 704
126 184
101 969
106 227
Living cost
27 903
27 903
27 903
27 903
Free-cash
93 801
98 281
74 066
78 324

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115461
₽115004
₽118751
₽118553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 455
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
67 962
Employee
4 245
-
187 213
-
health
212
-
508
-
income
821
-
64 348
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
65 873
-
Employer
4 245
-
187 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
184 299
189 500
-
-
income
40 546
41 690
-
-
total
40 546
41 690
-
-
Dividends
143 753
147 810
-
-
withholding
28 751
29 562
-
-
total
28 751
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 709
71 252
68 160
67 962
After tax
117 791
118 248
121 340
121 538
Living cost
2 787
2 787
2 787
2 787
Free-cash
115 004
115 461
118 553
118 751

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119359
₽114364
₽100453
₽100451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 135
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
71 492
Employee

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

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

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

26 472
-
176 071
-
health
1 363
-
3 864
-
income
3 649
-
43 135
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
58 065
-
Employer

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

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

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

26 472
-
176 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
158 290
189 500
-
-
income
23 743
28 425
-
-
total
23 743
28 425
-
-
Dividends
134 546
161 075
-
-
withholding
20 182
24 161
-
-
total
20 182
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
57 581
52 586
71 494
71 492
After tax
131 919
136 914
118 006
118 008
Living cost
17 555
17 555
17 555
17 555
Free-cash
114 364
119 359
100 451
100 453

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80433
₽80068
₽73439
₽59073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
189 500
income
-
-
-
22 854
surtax
-
-
-
-
social contributions

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

-
-
-
65 852
total
-
-
-
88 706
Employee
39 382
-
153 132
-
social contributions
4 333
-
16 845
-
surtax
-
-
-
-
income
7 695
-
49 859
-
total
12 028
-
66 704
-
Employer
39 382
-
153 132
-
social contributions
9 352
-
36 368
-
total
9 352
-
36 368
-
Corporate
140 765
189 500
-
-
surtax
-
-
-
-
income
29 561
39 795
-
-
total
29 561
39 795
-
-
Dividends
111 204
149 705
-
-
withholding
31 136
41 917
-
-
total
31 136
41 917
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 077
81 712
103 072
88 706
After tax
107 423
107 788
86 428
100 794
Living cost
27 355
27 355
27 355
27 355
Free-cash
80 068
80 433
59 073
73 439

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90523
₽83884
₽70566
₽66308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
55 058
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
83 273
Employee
49 005
-
159 517
-
other
48
-
94
-
income
10 235
-
51 575
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
57 548
-
Employer
49 005
-
159 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
124 871
189 500
-
-
income

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

18 730
28 425
-
-
total
18 730
28 425
-
-
Dividends
106 141
161 075
-
-
withholding
22 256
34 891
-
-
total
22 256
34 891
-
-
Income
189 500
189 500
189 500
189 500
Total tax
69 955
63 316
87 531
83 273
After tax
119 545
126 184
101 969
106 227
Living cost
35 661
35 661
35 661
35 661
Free-cash
83 884
90 523
66 308
70 566

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144555
₽138367
₽134138
₽141686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
28 425
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
37 895
Employee
23 129
-
182 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
18 254
-
pensions

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

2 030
-
3 114
-
total
5 661
-
23 389
-
Employer
23 129
-
182 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
161 834
189 500
-
-
income
16 184
18 950
-
-
total
16 184
18 950
-
-
Dividends
145 650
170 550
-
-
withholding
7 283
8 528
-
-
total
7 283
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
33 666
27 478
30 347
37 895
After tax
155 834
162 022
159 153
151 605
Living cost
17 467
17 467
17 467
17 467
Free-cash
138 367
144 555
141 686
134 138

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58334
₽71607
₽59912
₽80336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 424
income

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

-
-
-
59 771
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.

-
-
-
6 932
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.

-
-
-
3 287
total
-
-
-
90 414
Employee

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

50 487
-
189 500
-
health

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

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

6 932
-
6 932
-
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.

229
-
3 287
-
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.

4 152
-
59 771
-
total
11 313
-
69 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 013
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.

1 148
1 564
-
-
income
20 852
28 425
-
-
trade
19 949
27 193
-
-
chamber of commerce
358
431
-
-
total
42 307
57 613
-
-
Dividends
96 707
131 887
-
-
surtax

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

1 309
1 793
-
-
withholding
23 790
32 586
-
-
total
25 099
34 379
-
-
Income
189 500
189 500
189 500
189 500
Total tax
78 719
91 992
69 990
90 414
After tax
110 781
97 508
119 510
99 086
Living cost
39 174
39 174
39 174
39 174
Free-cash
71 607
58 334
80 336
59 912

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74849
₽77089
₽40805
₽40805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
59 028
social contributions
-
-
-
31 866
total
-
-
-
90 894
Employee
79 371
-
189 500
-
income
14 977
-
59 028
-
social contributions
6 594
-
31 866
-
total
21 571
-
90 894
-
Employer
79 371
-
189 500
-
total
-
-
-
-
Corporate
110 129
189 500
-
-
income
13 766
23 688
-
-
total
13 766
23 688
-
-
Dividends
96 363
165 812
-
-
withholding
19 273
33 162
-
-
total
19 273
33 162
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 610
56 850
90 894
90 894
After tax
134 890
132 650
98 606
98 606
Living cost
57 801
57 801
57 801
57 801
Free-cash
77 089
74 849
40 805
40 805

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80980
₽84526
₽116973
₽97247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
184 832
-
income
5 051
-
46 084
-
social contributions
4 664
-
4 668
-
total
9 715
-
50 752
-
Employer
46 548
-
184 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
138 289
189 500
-
-
income
48 401
66 326
-
-
total
48 401
66 326
-
-
Dividends
89 888
123 174
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
189 500
189 500
189 500
189 500
Total tax
68 141
71 687
55 420
35 694
After tax
121 359
117 813
134 080
153 806
Living cost
36 833
36 833
36 833
36 833
Free-cash
84 526
80 980
97 247
116 973

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85024
₽91089
₽86944
₽69841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
189 500
income
-
-
-
55 128
pensions
-
-
-
9 395
total
-
-
-
64 523
Employee
52 206
-
165 455
-
health
681
-
2 364
-
income
9 507
-
43 727
-
pensions
3 985
-
11 490
-
total
14 173
-
57 581
-
Employer
52 206
-
165 455
-
pensions
5 274
-
20 902
-
health
992
-
3 143
-
total
6 266
-
24 045
-
Corporate
131 027
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.

24 895
36 006
-
-
total
24 895
36 006
-
-
Dividends
106 132
153 494
-
-
withholding
15 044
30 437
-
-
total
15 044
30 437
-
-
Income
189 500
189 500
189 500
189 500
Total tax
60 378
66 443
81 626
64 523
After tax
129 122
123 057
107 874
124 977
Living cost
38 033
38 033
38 033
38 033
Free-cash
91 089
85 024
69 841
86 944

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8586
₽11678
₽105562
₽79436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
53 005
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
60 003
Employee
37 650
-
171 370
-
health
4 311
-
19 622
-
income
5 165
-
40 710
-
pensions
4 239
-
7 666
-
total
13 715
-
67 998
-
Employer
37 650
-
171 370
-
accident
629
-
2 862
-
unemployment
922
-
4 199
-
pensions
6 122
-
11 070
-
total
7 673
-
18 131
-
Corporate
144 177
189 500
-
-
income

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

129 760
170 550
-
-
total
129 760
170 550
-
-
Dividends
14 418
18 950
-
-
withholding
2 739
3 601
-
-
total
2 739
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
153 887
174 151
86 129
60 003
After tax
35 613
15 349
103 371
129 497
Living cost
23 935
23 935
23 935
23 935
Free-cash
11 678
-8 586
79 436
105 562

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131263
₽141011
₽99767
₽122076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
31 407
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
76 028
Employee

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

21 928
-
189 500
-
work injury
110
-
406
-
income
2 193
-
31 407
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
53 719
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 572
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%.

1 676
18 950
-
-
total
1 676
18 950
-
-
Dividends
165 896
170 550
-
-
withholding
24 884
25 582
-
-
total
24 884
25 582
-
-
Income
189 500
189 500
189 500
189 500
Total tax
34 784
44 532
53 719
76 028
After tax
154 716
144 968
135 781
113 472
Living cost
13 705
13 705
13 705
13 705
Free-cash
141 011
131 263
122 076
99 767

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59392
₽54779
₽47269
₽38951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 267
regional
-
-
-
4 353
national
-
-
-
47 448
social contributions
-
-
-
48 740
total
-
-
-
101 808
Employee
85 504
-
189 500
-
social contributions
28 831
-
63 900
-
regional
1 291
-
3 862
-
municipal
510
-
1 130
-
national
14 449
-
41 234
-
total
45 081
-
110 126
-
Employer
85 504
-
189 500
-
total
-
-
-
-
Corporate
103 996
189 500
-
-
nationa
24 959
45 480
-
-
municipal
5 012
9 135
-
-
total
29 971
54 615
-
-
Dividends
74 025
134 885
-
-
withholding
19 246
35 070
-
-
total
19 246
35 070
-
-
Income
189 500
189 500
189 500
189 500
Total tax
94 298
89 685
110 126
101 808
After tax
95 202
99 815
79 374
87 692
Living cost
40 423
40 423
40 423
40 423
Free-cash
54 779
59 392
38 951
47 269

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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