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
₽ 190500
per

Your estimated
City
free-cash

Dresden , Germany
₽65279
₽76520
₽66745
₽89307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
trade
-
-
-
22 562
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.

-
-
-
60 159
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.

-
-
-
6 943
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.

-
-
-
3 309
total
-
-
-
92 973
Employee

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

38 870
-
190 500
-
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.

6 943
-
6 943
-
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
-
3 309
-
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.

1 086
-
60 159
-
total
8 089
-
70 411
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 630
190 500
-
-
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.

1 252
1 572
-
-
income
22 745
28 575
-
-
trade
23 881
30 004
-
-
chamber of commerce
372
428
-
-
total
48 250
60 579
-
-
Dividends
103 380
129 921
-
-
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.

1 400
1 765
-
-
withholding
25 459
32 095
-
-
total
26 859
33 860
-
-
Income
190 500
190 500
190 500
190 500
Total tax
83 198
94 439
70 411
92 973
After tax
107 302
96 061
120 089
97 527
Living cost
30 782
30 782
30 782
30 782
Free-cash
76 520
65 279
89 307
66 745

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67597
₽66745
₽59931
₽60954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
20 956
pensions
-
-
-
22 860
national
-
-
-
33 430
social contributions
-
-
-
2 048
total
-
-
-
79 294
Employee
79 485
-
164 686
-
municipal
9 818
-
21 694
-
pensions
3 179
-
6 587
-
national
15 213
-
35 045
-
total
28 210
-
63 326
-
Employer
79 485
-
164 686
-
social contributions
854
-
1 770
-
pensions
6 359
-
13 175
-
total
7 213
-
14 945
-
Corporate
98 555
190 500
-
-
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%.

19 711
38 100
-
-
total
19 711
38 100
-
-
Dividends
78 844
152 400
-
-
withholding
17 346
33 528
-
-
total
17 346
33 528
-
-
Income
190 500
190 500
190 500
190 500
Total tax
72 480
71 628
78 271
79 294
After tax
118 020
118 872
112 229
111 206
Living cost
51 275
51 275
51 275
51 275
Free-cash
66 745
67 597
60 954
59 931

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131258
₽122923
₽45583
₽59676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
microenterprise
-
-
-
-
income
-
-
-
36 260
surtax
-
-
-
48 578
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.

-
-
-
38 937
total
-
-
-
123 775
Employee
29 696
-
145 335
-
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.

3 267
-
13 322
-
surtax
-
-
21 073
-
income
5 286
-
30 122
-
total
8 553
-
64 517
-
Employer
29 696
-
145 335
-
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.

7 153
-
29 177
-
surtax
-
-
15 988
-
total
7 153
-
45 165
-
Corporate
153 651
190 500
-
-
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%.

30 729
38 100
-
-
total
30 729
38 100
-
-
Dividends

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

122 922
152 400
-
-
total
-
-
-
-
Income
190 500
190 500
190 500
190 500
Total tax
46 435
38 100
109 682
123 775
After tax
144 065
152 400
80 818
66 725
Living cost
21 142
21 142
21 142
21 142
Free-cash
122 923
131 258
59 676
45 583

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51915
₽45689
₽61798
₽77693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
61 690
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
86 129
Employee
86 784
86 784
171 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
26 909
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
51 348
-
Employer
86 784
86 784
171 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
89 583
88 519
-
-
income
17 916
17 704
-
-
total
17 916
17 704
-
-
Dividends
71 667
70 815
-
-
income
15 230
15 048
-
-
withholding
10 750
10 622
-
-
total
25 980
25 670
-
-
Income
190 500
190 500
190 500
190 500
Total tax
102 238
96 012
70 234
86 129
After tax
88 262
94 488
120 266
104 371
Living cost
42 573
42 573
42 573
42 573
Free-cash
45 689
51 915
77 693
61 798

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64856
₽63978
₽57575
₽56625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
49 393
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
19 513
total
-
-
-
93 768
Employee
55 795
-
163 536
-
municipal
16 638
-
48 766
-
national
-
-
18 987
-
total
16 638
-
67 753
-
Employer
55 795
-
163 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
117 175
190 500
-
-
income
25 778
41 910
-
-
total
25 778
41 910
-
-
Dividends
91 396
148 590
-
-
withholding
27 419
44 577
-
-
total
27 419
44 577
-
-
Income
190 500
190 500
190 500
190 500
Total tax
87 365
86 487
94 718
93 768
After tax
103 135
104 013
95 782
96 732
Living cost
39 157
39 157
39 157
39 157
Free-cash
63 978
64 856
56 625
57 575

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
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.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55161
₽69438
₽56601
₽80166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
trade
-
-
-
23 565
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.

-
-
-
60 159
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.

-
-
-
6 943
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.

-
-
-
3 309
total
-
-
-
93 976
Employee

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

51 537
-
190 500
-
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.

6 943
-
6 943
-
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
-
3 309
-
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.

4 428
-
60 159
-
total
11 614
-
70 411
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 963
190 500
-
-
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.

1 146
1 572
-
-
income
20 844
28 575
-
-
trade
22 859
31 337
-
-
chamber of commerce
351
424
-
-
total
45 200
61 908
-
-
Dividends
93 764
128 592
-
-
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.

1 269
1 747
-
-
withholding
23 056
31 761
-
-
total
24 325
33 508
-
-
Income
190 500
190 500
190 500
190 500
Total tax
81 139
95 416
70 411
93 976
After tax
109 361
95 084
120 089
96 524
Living cost
39 923
39 923
39 923
39 923
Free-cash
69 438
55 161
80 166
56 601

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105973
₽101757
₽96669
₽95023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
39 568
health
-
-
-
4 858
social contributions
-
-
-
16 443
total
-
-
-
60 869
Employee
78 145
78 145
178 450
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 034
-
income
8 206
7 234
38 683
-
total
12 780
15 049
50 465
-
Employer
78 145
78 145
178 450
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
3 302
-
total
4 644
7 932
12 050
-
Corporate
140 113
104 422
-
-
income
17 515
13 052
-
-
total
17 515
13 052
-
-
Dividends
122 598
91 370
-
-
withholding
20 842
15 532
-
-
total
20 842
15 532
-
-
Income
190 500
190 500
190 500
190 500
Total tax
55 781
51 565
62 515
60 869
After tax
134 719
138 935
127 985
129 631
Living cost
32 962
32 962
32 962
32 962
Free-cash
101 757
105 973
95 023
96 669

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88578
₽88962
₽113560
₽92026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
23 289
pensions
-
-
-
19 050
unemployment
-
-
-
2 857
health
-
-
-
13 335
total
-
-
-
58 531
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.

26 573
10 576
159 414
-
health
1 860
740
11 159
-
income
3 249
1 293
19 488
-
pensions
2 657
1 058
15 941
-
unemployment
399
159
2 391
-
total
8 165
3 250
48 979
-
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.

26 573
10 576
159 414
-
pensions
5 182
2 062
31 086
-
total
5 182
2 062
31 086
-
Corporate
158 745
177 862
-
-
income
14 287
16 008
-
-
total
14 287
16 008
-
-
Dividends
144 458
161 854
-
-
social contributions
28 048
31 441
-
-
withholding
27 447
30 752
-
-
total
55 495
62 193
-
-
Income
190 500
190 500
190 500
190 500
Total tax
83 129
83 513
80 065
58 531
After tax
107 371
106 987
110 435
131 969
Living cost
18 409
18 409
18 409
18 409
Free-cash
88 962
88 578
92 026
113 560

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127854
₽121542
₽77564
₽85254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
25 526
pensions
-
-
-
38 100
health
-
-
-
24 764
total
-
-
-
88 390
Employee
28 830
-
142 377
-
income
3 246
-
27 451
-
pensions
577
-
2 848
-
unemployment
461
-
2 278
-
total
4 284
-
32 577
-
Employer
28 830
-
142 377
-
unemployment
231
-
1 140
-
pensions
5 766
-
28 475
-
health
3 747
-
18 508
-
total
9 744
-
48 123
-
Corporate
151 925
190 500
-
-
income
30 384
38 100
-
-
total
30 384
38 100
-
-
Dividends
121 541
152 400
-
-
total
-
-
-
-
Income
190 500
190 500
190 500
190 500
Total tax
44 412
38 100
80 700
88 390
After tax
146 088
152 400
109 800
102 110
Living cost
24 546
24 546
24 546
24 546
Free-cash
121 542
127 854
85 254
77 564

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6765
₽12026
₽107984
₽81729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
255
income
-
-
-
53 293
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 320
Employee
34 915
-
172 286
-
health
3 998
-
19 727
-
income
4 790
-
40 938
-
pensions
3 932
-
7 697
-
total
12 720
-
68 362
-
Employer
34 915
-
172 286
-
accident
583
-
2 877
-
unemployment
855
-
4 221
-
pensions
5 677
-
11 115
-
total
7 115
-
18 213
-
Corporate
148 469
190 500
-
-
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.

133 622
171 450
-
-
total
133 622
171 450
-
-
Dividends
14 847
19 050
-
-
withholding
2 821
3 619
-
-
total
2 821
3 619
-
-
Income
190 500
190 500
190 500
190 500
Total tax
156 278
175 069
86 575
60 320
After tax
34 222
15 431
103 925
130 180
Living cost
22 196
22 196
22 196
22 196
Free-cash
12 026
-6 765
81 729
107 984

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171713
₽169977
₽179333
₽143138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
190 500
microenterprise

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

-
-
-
1 905
total
-
-
-
1 905
Employee
11 577
-
190 500
-
income
2 315
-
38 100
-
total
2 315
-
38 100
-
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%.

178 923
190 500
-
-
total
-
-
-
-
Dividends
178 923
190 500
-
-
withholding
8 946
9 525
-
-
total
8 946
9 525
-
-
Income
190 500
190 500
190 500
190 500
Total tax
11 261
9 525
38 100
1 905
After tax
179 239
180 975
152 400
188 595
Living cost
9 262
9 262
9 262
9 262
Free-cash
169 977
171 713
143 138
179 333

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.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112881
₽106018
₽81674
₽80611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
30 517
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
81 747
Employee
36 899
-
152 155
-
health
517
-
2 131
-
income
6 353
-
30 162
-
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.

2 582
-
10 651
-
unemployment
368
-
1 522
-
total
9 820
-
44 466
-
Employer
36 899
-
152 155
-
accident
295
-
1 217
-
other
1 846
-
7 608
-
unemployment
368
-
1 522
-
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.

6 274
-
25 866
-
health
517
-
2 131
-
total
9 300
-
38 344
-
Corporate
144 301
190 500
-
-
income
30 303
40 006
-
-
total
30 303
40 006
-
-
Dividends
113 998
150 494
-
-
withholding
7 980
10 534
-
-
total
7 980
10 534
-
-
Income
190 500
190 500
190 500
190 500
Total tax
57 403
50 540
82 810
81 747
After tax
133 097
139 960
107 690
108 753
Living cost
27 079
27 079
27 079
27 079
Free-cash
106 018
112 881
80 611
81 674

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55176
₽60276
₽57141
₽39955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
55 540
pensions
-
-
-
9 410
total
-
-
-
64 950
Employee
96 788
-
166 317
-
health
1 595
-
2 370
-
income
17 447
-
44 085
-
pensions
9 337
-
11 498
-
total
28 379
-
57 953
-
Employer
96 788
-
166 317
-
pensions
11 428
-
21 022
-
health
1 838
-
3 161
-
total
13 266
-
24 183
-
Corporate
80 446
190 500
-
-
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.

15 284
36 194
-
-
total
15 284
36 194
-
-
Dividends
65 162
154 306
-
-
withholding
4 886
30 721
-
-
total
4 886
30 721
-
-
Income
190 500
190 500
190 500
190 500
Total tax
61 815
66 915
82 136
64 950
After tax
128 685
123 585
108 364
125 550
Living cost
68 409
68 409
68 409
68 409
Free-cash
60 276
55 176
39 955
57 141

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽149556
₽144836
₽139126
₽146723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
28 575
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 052
Employee
17 640
-
183 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
18 353
-
pensions

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

1 549
-
3 116
-
total
4 318
-
23 492
-
Employer
17 640
-
183 537
-
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.

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
169 398
190 500
-
-
income
16 940
19 050
-
-
total
16 940
19 050
-
-
Dividends
152 458
171 450
-
-
withholding
7 623
8 572
-
-
total
7 623
8 572
-
-
Income
190 500
190 500
190 500
190 500
Total tax
32 342
27 622
30 455
38 052
After tax
158 158
162 878
160 045
152 448
Living cost
13 322
13 322
13 322
13 322
Free-cash
144 836
149 556
146 723
139 126

Estimated living cost  is ₽13322 per week

₽7778
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.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38135
₽40692
₽48018
₽63913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
61 690
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
86 129
Employee
94 220
86 784
171 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
26 909
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
51 348
-
Employer
94 220
86 784
171 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
79 783
88 519
-
-
income
15 957
17 704
-
-
total
15 957
17 704
-
-
Dividends
63 826
70 815
-
-
income
13 563
15 048
-
-
withholding
9 573
10 622
-
-
total
23 136
25 670
-
-
Income
190 500
190 500
190 500
190 500
Total tax
93 455
96 012
70 234
86 129
After tax
97 045
94 488
120 266
104 371
Living cost
56 353
56 353
56 353
56 353
Free-cash
40 692
38 135
63 913
48 018

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106870
₽98205
₽85357
₽77413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
19 475
health
-
-
-
25 718
solidarity contribution
-
-
-
709
social contributions
-
-
-
34 952
total
-
-
-
80 854
Employee
35 720
-
147 317
-
social contributions
2 322
-
7 780
-
health
4 822
-
19 888
-
solidarity contribution
-
-
-
-
income
4 286
-
17 947
-
total
11 430
-
45 615
-
Employer
35 720
-
147 317
-
social contributions
8 930
-
29 924
-
health
3 215
-
13 259
-
total
12 145
-
43 183
-
Corporate
142 635
190 500
-
-
income
27 101
36 195
-
-
total
27 101
36 195
-
-
Dividends
115 535
154 305
-
-
withholding
17 330
23 146
-
-
total
17 330
23 146
-
-
Income
190 500
190 500
190 500
190 500
Total tax
68 006
59 341
88 798
80 854
After tax
122 494
131 159
101 702
109 646
Living cost
24 289
24 289
24 289
24 289
Free-cash
98 205
106 870
77 413
85 357

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
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.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58758
₽53452
₽47491
₽38885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
1 132
regional
-
-
-
2 261
national
-
-
-
47 737
social contributions
-
-
-
48 997
total
-
-
-
100 127
Employee
90 319
-
190 500
-
social contributions
30 456
-
64 236
-
regional
852
-
1 997
-
municipal
478
-
1 011
-
national
15 650
-
41 489
-
total
47 436
-
108 733
-
Employer
90 319
-
190 500
-
total
-
-
-
-
Corporate
100 181
190 500
-
-
nationa
24 043
45 720
-
-
municipal
3 907
7 429
-
-
total
27 950
53 149
-
-
Dividends
72 231
137 351
-
-
withholding
18 780
35 711
-
-
total
18 780
35 711
-
-
Income
190 500
190 500
190 500
190 500
Total tax
94 166
88 860
108 733
100 127
After tax
96 334
101 640
81 767
90 373
Living cost
42 882
42 882
42 882
42 882
Free-cash
53 452
58 758
38 885
47 491

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97399
₽94237
₽67572
₽61358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
54 809
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
8 707
total
-
-
-
100 503
Employee
33 607
-
161 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
7 492
-
income
5 633
-
48 730
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
78 167
-
Employer
33 607
-
161 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
149 819
190 500
-
-
income
38 953
49 531
-
-
total
38 953
49 531
-
-
Dividends
110 866
140 969
-
-
withholding
16 630
21 145
-
-
total
16 630
21 145
-
-
Income
190 500
190 500
190 500
190 500
Total tax
73 838
70 676
106 717
100 503
After tax
116 662
119 824
83 783
89 997
Living cost
22 425
22 425
22 425
22 425
Free-cash
94 237
97 399
61 358
67 572

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76850
₽83607
₽78815
₽61629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
55 540
pensions
-
-
-
9 410
total
-
-
-
64 950
Employee
64 865
-
166 317
-
health
942
-
2 370
-
income
11 682
-
44 085
-
pensions
5 506
-
11 498
-
total
18 130
-
57 953
-
Employer
64 865
-
166 317
-
pensions
7 022
-
21 022
-
health
1 232
-
3 161
-
total
8 254
-
24 183
-
Corporate
117 382
190 500
-
-
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.

22 302
36 194
-
-
total
22 302
36 194
-
-
Dividends
95 080
154 306
-
-
withholding
11 472
30 721
-
-
total
11 472
30 721
-
-
Income
190 500
190 500
190 500
190 500
Total tax
60 158
66 915
82 136
64 950
After tax
130 342
123 585
108 364
125 550
Living cost
46 735
46 735
46 735
46 735
Free-cash
83 607
76 850
61 629
78 815

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9497
₽42706
₽75611
₽67125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
city
-
-
-
2 007
pensions
-
-
-
17 526
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.

-
-
-
3 809
regional
-
-
-
9 796
health
-
-
-
429
national
-
-
-
3 709
total
-
-
-
37 276
Employee
90 828
-
170 568
-
city
975
-
1 834
-
regional
2 974
-
8 474
-
health
205
-
385
-
pensions
7 631
-
14 261
-
unemployment
-
-
-
-
national
430
-
2 751
-
total
12 215
-
27 705
-
Employer
90 828
-
170 568
-
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.

1 816
-
3 411
-
unemployment
-
-
-
-
pensions
7 631
-
14 261
-
health
205
-
385
-
total
9 652
-
18 057
-
Corporate
89 022
190 500
-
-
regional
18 828
40 291
-
-
national
7 567
16 192
-
-
total
26 395
56 483
-
-
Dividends
62 627
134 017
-
-
withholding
21 919
46 907
-
-
total
21 919
46 907
-
-
Income
190 500
190 500
190 500
190 500
Total tax
70 181
103 390
45 762
37 276
After tax
120 319
87 110
144 738
153 224
Living cost
77 613
77 613
77 613
77 613
Free-cash
42 706
9 497
67 125
75 611

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47548
₽64027
₽48966
₽73534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
trade
-
-
-
24 568
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.

-
-
-
60 159
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.

-
-
-
6 943
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.

-
-
-
3 309
total
-
-
-
94 979
Employee

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

61 075
-
190 500
-
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.

6 943
-
6 943
-
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
-
3 309
-
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.

7 182
-
60 159
-
total
14 520
-
70 411
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 425
190 500
-
-
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.

1 068
1 572
-
-
income
19 415
28 575
-
-
trade
22 196
32 671
-
-
chamber of commerce
336
422
-
-
total
43 015
63 240
-
-
Dividends
86 410
127 259
-
-
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.

1 167
1 728
-
-
withholding
21 216
31 429
-
-
total
22 383
33 157
-
-
Income
190 500
190 500
190 500
190 500
Total tax
79 918
96 397
70 411
94 979
After tax
110 582
94 103
120 089
95 521
Living cost
46 555
46 555
46 555
46 555
Free-cash
64 027
47 548
73 534
48 966

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61241
₽67245
₽72399
₽68610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
30 713
pensions
-
-
-
32 872
other
-
-
-
5 905
health
-
-
-
8 414
surtax
-
-
-
-
social contributions
-
-
-
5 427
total
-
-
-
83 331
Employee
43 494
-
146 973
-
social contributions
1 240
-
4 187
-
surtax
-
-
-
-
income
2 567
-
28 997
-
pensions
4 918
-
10 410
-
total
8 725
-
43 594
-
Employer
43 494
-
146 973
-
other
1 500
-
5 815
-
social contributions
131
-
442
-
unemployment
1 761
-
5 951
-
pensions
7 145
-
17 493
-
health
3 045
-
13 825
-
total
13 582
-
43 526
-
Corporate
133 423
190 500
-
-
surtax
-
-
-
-
income
37 358
53 340
-
-
total
37 358
53 340
-
-
Dividends
96 065
137 160
-
-
surtax
-
-
-
-
social contributions
16 524
23 592
-
-
withholding
12 296
17 557
-
-
total
28 820
41 149
-
-
Income
190 500
190 500
190 500
190 500
Total tax
88 485
94 489
87 120
83 331
After tax
102 015
96 011
103 380
107 169
Living cost
34 770
34 770
34 770
34 770
Free-cash
67 245
61 241
68 610
72 399

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64686
₽70335
₽75844
₽72055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
30 713
pensions
-
-
-
32 872
other
-
-
-
5 905
health
-
-
-
8 414
surtax
-
-
-
-
social contributions
-
-
-
5 427
total
-
-
-
83 331
Employee
38 825
-
146 973
-
social contributions
1 107
-
4 187
-
surtax
-
-
-
-
income
2 002
-
28 997
-
pensions
4 391
-
10 410
-
total
7 500
-
43 594
-
Employer
38 825
-
146 973
-
other
1 340
-
5 815
-
social contributions
116
-
442
-
unemployment
1 572
-
5 951
-
pensions
6 380
-
17 493
-
health
2 717
-
13 825
-
total
12 125
-
43 526
-
Corporate
139 550
190 500
-
-
surtax
-
-
-
-
income
39 074
53 340
-
-
total
39 074
53 340
-
-
Dividends
100 476
137 160
-
-
surtax
-
-
-
-
social contributions
17 280
23 592
-
-
withholding
12 861
17 557
-
-
total
30 141
41 149
-
-
Income
190 500
190 500
190 500
190 500
Total tax
88 840
94 489
87 120
83 331
After tax
101 660
96 011
103 380
107 169
Living cost
31 325
31 325
31 325
31 325
Free-cash
70 335
64 686
72 055
75 844

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
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.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94673
₽95199
₽100789
₽96523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
28 575
health
-
-
-
13 297
social contributions
-
-
-
26 290
total
-
-
-
68 162
Employee
34 457
-
190 500
-
social contributions
4 756
-
26 290
-
health
2 405
-
13 297
-
income
5 747
-
32 841
-
total
12 908
-
72 428
-
Employer
34 457
-
190 500
-
total
-
-
-
-
Corporate
156 043
190 500
-
-
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%.

7 803
9 525
-
-
total
7 803
9 525
-
-
Dividends
148 240
180 975
-
-
health
10 347
12 632
-
-
social contributions
20 458
24 975
-
-
withholding
22 236
27 146
-
-
total
53 041
64 753
-
-
Income
190 500
190 500
190 500
190 500
Total tax
73 752
74 278
72 428
68 162
After tax
116 748
116 222
118 072
122 338
Living cost
21 549
21 549
21 549
21 549
Free-cash
95 199
94 673
96 523
100 789

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69485
₽67910
₽61995
₽14533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
chamber of commerce
-
-
-
762
income
-
-
-
54 454
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
92 696
Employee
50 788
40 499
153 586
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
44 308
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
65 810
-
Employer
50 788
40 499
153 586
-
accident
660
526
1 543
-
other
2 413
1 923
6 999
-
chamber of commerce
202
162
615
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
4 607
-
health
1 919
1 531
4 488
-
total
14 817
11 857
36 915
-
Corporate
124 897
138 144
149 729
-
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.

31 225
34 536
37 433
-
total
31 225
34 536
37 433
-
Dividends
93 672
103 608
-
-
withholding
25 760
28 492
-
-
total
25 760
28 492
-
-
Income
190 500
190 500
190 500
190 500
Total tax
86 781
85 206
140 158
92 696
After tax
103 719
105 294
50 342
97 804
Living cost
35 809
35 809
35 809
35 809
Free-cash
67 910
69 485
14 533
61 995

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69464
₽54220
₽45610
₽29373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
national
-
-
-
72 590
communal

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

-
-
-
9 909
social contributions
-
-
-
25 337
total
-
-
-
107 836
Employee

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

72 694
-
147 547
-
communal

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

3 792
-
7 695
-
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.

3 415
-
6 935
-
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.

5 452
-
11 066
-
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.

633
-
1 284
-
national
22 349
-
54 140
-
total
35 641
-
81 120
-
Employer

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

72 694
-
147 547
-
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.

945
-
1 919
-
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.

1 061
-
2 154
-
surtax
8 243
-
16 732
-
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.

6 441
-
13 074
-
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.

4 470
-
9 074
-
total
21 160
-
42 953
-
Corporate
96 646
190 500
-
-
surtax
386
762
-
-
income
19 330
38 100
-
-
total
19 716
38 862
-
-
Dividends
76 931
151 638
-
-
withholding

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

22 709
45 120
-
-
total
22 709
45 120
-
-
Income
190 500
190 500
190 500
190 500
Total tax
99 226
83 982
124 073
107 836
After tax
91 274
106 518
66 427
82 664
Living cost
37 054
37 054
37 054
37 054
Free-cash
54 220
69 464
29 373
45 610

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90142
₽83178
₽70078
₽65815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
849
income
-
-
-
55 462
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
83 721
Employee
50 587
-
160 471
-
other
50
-
94
-
income
10 674
-
51 973
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
57 955
-
Employer
50 587
-
160 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
123 789
190 500
-
-
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.

18 568
28 575
-
-
total
18 568
28 575
-
-
Dividends
105 221
161 925
-
-
withholding
22 041
35 082
-
-
total
22 041
35 082
-
-
Income
190 500
190 500
190 500
190 500
Total tax
70 621
63 657
87 984
83 721
After tax
119 879
126 843
102 516
106 779
Living cost
36 701
36 701
36 701
36 701
Free-cash
83 178
90 142
65 815
70 078

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55397
₽42021
₽37670
₽45263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
1 606
income
-
-
-
32 572
pensions
-
-
-
28 554
health
-
-
-
13 386
surtax
-
-
-
9 444
communal
-
-
-
12 040
total
-
-
-
97 602
Employee
76 960
-
170 164
-
health
3 425
-
7 573
-
surtax
4 717
-
10 428
-
income
7 434
-
38 057
-
pensions
6 156
-
13 614
-
total
21 732
-
69 672
-
Employer
76 960
-
170 164
-
accident
692
-
1 531
-
pensions
6 156
-
13 614
-
health
2 347
-
5 192
-
total
9 195
-
20 337
-
Corporate
104 344
190 500
-
-
surtax
1 095
2 000
-
-
communal
7 043
12 860
-
-
income
15 652
28 575
-
-
total
23 790
43 435
-
-
Dividends
80 554
147 065
-
-
income
26 452
14 379
-
-
withholding
12 082
22 061
-
-
total
38 534
36 440
-
-
Income
190 500
190 500
190 500
190 500
Total tax
93 251
79 875
90 009
97 602
After tax
97 249
110 625
100 491
92 898
Living cost
55 228
55 228
55 228
55 228
Free-cash
42 021
55 397
45 263
37 670

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96998
₽93767
₽67171
₽60957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
54 809
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
8 707
total
-
-
-
100 503
Employee
34 224
-
161 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
7 492
-
income
5 737
-
48 730
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
78 167
-
Employer
34 224
-
161 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
149 071
190 500
-
-
income
38 758
49 531
-
-
total
38 758
49 531
-
-
Dividends
110 313
140 969
-
-
withholding
16 547
21 145
-
-
total
16 547
21 145
-
-
Income
190 500
190 500
190 500
190 500
Total tax
73 907
70 676
106 717
100 503
After tax
116 593
119 824
83 783
89 997
Living cost
22 826
22 826
22 826
22 826
Free-cash
93 767
96 998
60 957
67 171

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
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.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72757
₽70497
₽62385
₽53824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
1 132
regional
-
-
-
2 873
national
-
-
-
47 737
social contributions
-
-
-
48 997
total
-
-
-
100 739
Employee
56 373
-
190 500
-
social contributions
19 010
-
64 236
-
regional
759
-
2 564
-
municipal
299
-
1 011
-
national
8 931
-
41 489
-
total
28 999
-
109 300
-
Employer
56 373
-
190 500
-
total
-
-
-
-
Corporate
134 127
190 500
-
-
nationa
32 191
45 720
-
-
municipal
6 667
9 467
-
-
total
38 858
55 187
-
-
Dividends
95 268
135 313
-
-
withholding
24 770
35 180
-
-
total
24 770
35 180
-
-
Income
190 500
190 500
190 500
190 500
Total tax
92 627
90 367
109 300
100 739
After tax
97 873
100 133
81 200
89 761
Living cost
27 376
27 376
27 376
27 376
Free-cash
70 497
72 757
53 824
62 385

Estimated living cost  is ₽27376 per week

₽17025
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.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101228
₽90552
₽79715
₽71771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
19 475
health
-
-
-
25 718
solidarity contribution
-
-
-
709
social contributions
-
-
-
34 952
total
-
-
-
80 854
Employee
44 016
-
147 317
-
social contributions
2 861
-
7 780
-
health
5 942
-
19 888
-
solidarity contribution
-
-
-
-
income
5 282
-
17 947
-
total
14 085
-
45 615
-
Employer
44 016
-
147 317
-
social contributions
11 004
-
29 924
-
health
3 961
-
13 259
-
total
14 965
-
43 183
-
Corporate
131 518
190 500
-
-
income
24 988
36 195
-
-
total
24 988
36 195
-
-
Dividends
106 530
154 305
-
-
withholding
15 979
23 146
-
-
total
15 979
23 146
-
-
Income
190 500
190 500
190 500
190 500
Total tax
70 017
59 341
88 798
80 854
After tax
120 483
131 159
101 702
109 646
Living cost
29 931
29 931
29 931
29 931
Free-cash
90 552
101 228
71 771
79 715

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72982
₽72478
₽65583
₽17973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
chamber of commerce
-
-
-
762
income
-
-
-
54 454
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
92 495
Employee
44 424
40 499
153 773
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
44 397
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
65 899
-
Employer
44 424
40 499
153 773
-
accident
577
526
1 543
-
other
2 110
1 923
7 006
-
chamber of commerce
177
162
615
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
4 613
-
health
1 680
1 531
4 488
-
total
12 785
11 656
36 727
-
Corporate
133 292
138 344
149 916
-
income

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

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

33 323
34 586
37 479
-
total
33 323
34 586
37 479
-
Dividends
99 969
103 758
-
-
withholding
27 491
28 533
-
-
total
27 491
28 533
-
-
Income
190 500
190 500
190 500
190 500
Total tax
85 600
85 096
140 105
92 495
After tax
104 900
105 404
50 395
98 005
Living cost
32 422
32 422
32 422
32 422
Free-cash
72 478
72 982
17 973
65 583

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166542
₽163835
₽174162
₽137967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
190 500
microenterprise

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

-
-
-
1 905
total
-
-
-
1 905
Employee
18 042
-
190 500
-
income
3 609
-
38 100
-
total
3 609
-
38 100
-
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%.

172 458
190 500
-
-
total
-
-
-
-
Dividends
172 458
190 500
-
-
withholding
8 623
9 525
-
-
total
8 623
9 525
-
-
Income
190 500
190 500
190 500
190 500
Total tax
12 232
9 525
38 100
1 905
After tax
178 268
180 975
152 400
188 595
Living cost
14 433
14 433
14 433
14 433
Free-cash
163 835
166 542
137 967
174 162

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
₽103901
₽95400
₽65200
₽60158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
income
-
-
-
44 221
pensions
-
-
-
34 791
unemployment
-
-
-
285
health
-
-
-
18 745
total
-
-
-
98 042
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.

44 939
-
164 837
-
health
2 902
-
10 647
-
income
7 750
-
40 994
-
pensions
6 966
-
25 549
-
unemployment
64
-
231
-
total
17 682
-
77 421
-
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.

44 939
-
164 837
-
unemployment
27
-
98
-
pensions
3 977
-
14 588
-
health
2 993
-
10 977
-
total
6 997
-
25 663
-
Corporate
138 564
190 500
-
-
income
26 327
36 195
-
-
total
26 327
36 195
-
-
Dividends
112 237
154 305
-
-
withholding
16 836
23 146
-
-
total
16 836
23 146
-
-
Income
190 500
190 500
190 500
190 500
Total tax
67 842
59 341
103 084
98 042
After tax
122 658
131 159
87 416
92 458
Living cost
27 258
27 258
27 258
27 258
Free-cash
95 400
103 901
60 158
65 200

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71997
₽23599
₽87748
₽133211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
37 132
social contributions
-
-
-
21 717
total
-
-
-
58 849
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
38 788
190 500
-
-
income
8 533
41 910
-
-
total
8 533
41 910
-
-
Dividends
30 254
148 590
-
-
income
6 656
32 690
-
-
total
6 656
32 690
-
-
Income
190 500
190 500
190 500
190 500
Total tax
122 998
74 600
13 386
58 849
After tax
67 502
115 900
177 114
131 651
Living cost
43 903
43 903
43 903
43 903
Free-cash
23 599
71 997
133 211
87 748

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76478
₽75456
₽69408
₽54965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
income
-
-
-
23 016
surtax
-
-
-
-
social contributions

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

-
-
-
66 199
total
-
-
-
89 215
Employee
46 740
-
153 939
-
social contributions
5 141
-
16 933
-
surtax
-
-
-
-
income
9 722
-
50 164
-
total
14 863
-
67 097
-
Employer
46 740
-
153 939
-
social contributions
11 101
-
36 561
-
total
11 101
-
36 561
-
Corporate
132 659
190 500
-
-
surtax
-
-
-
-
income
27 858
40 006
-
-
total
27 858
40 006
-
-
Dividends
104 801
150 494
-
-
withholding
29 345
42 139
-
-
total
29 345
42 139
-
-
Income
190 500
190 500
190 500
190 500
Total tax
83 167
82 145
103 658
89 215
After tax
107 333
108 355
86 842
101 285
Living cost
31 877
31 877
31 877
31 877
Free-cash
75 456
76 478
54 965
69 408

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46927
₽53913
₽58085
₽54296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
30 713
pensions
-
-
-
32 872
other
-
-
-
5 905
health
-
-
-
8 414
surtax
-
-
-
-
social contributions
-
-
-
5 427
total
-
-
-
83 331
Employee
63 650
-
146 973
-
social contributions
1 813
-
4 187
-
surtax
-
-
-
-
income
5 554
-
28 997
-
pensions
7 199
-
10 410
-
total
14 566
-
43 594
-
Employer
63 650
-
146 973
-
other
2 197
-
5 815
-
social contributions
191
-
442
-
unemployment
2 578
-
5 951
-
pensions
10 458
-
17 493
-
health
4 455
-
13 825
-
total
19 879
-
43 526
-
Corporate
106 970
190 500
-
-
surtax
-
-
-
-
income
29 952
53 340
-
-
total
29 952
53 340
-
-
Dividends
77 018
137 160
-
-
surtax
-
-
-
-
social contributions
13 247
23 592
-
-
withholding
9 859
17 557
-
-
total
23 106
41 149
-
-
Income
190 500
190 500
190 500
190 500
Total tax
87 503
94 489
87 120
83 331
After tax
102 997
96 011
103 380
107 169
Living cost
49 084
49 084
49 084
49 084
Free-cash
53 913
46 927
54 296
58 085

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140902
₽137489
₽109353
₽114417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
8 688
social contributions
-
-
-
41 911
total
-
-
-
50 599
Employee
32 672
-
164 935
-
income
-
-
9 249
-
social contributions
2 123
-
10 721
-
total
2 123
-
19 970
-
Employer
32 672
-
164 935
-
social contributions
5 064
-
25 565
-
total
5 064
-
25 565
-
Corporate
152 764
190 500
-
-
income
15 276
19 050
-
-
total
15 276
19 050
-
-
Dividends
137 488
171 450
-
-
total
-
-
-
-
Income
190 500
190 500
190 500
190 500
Total tax
22 463
19 050
45 535
50 599
After tax
168 037
171 450
144 965
139 901
Living cost
30 548
30 548
30 548
30 548
Free-cash
137 489
140 902
114 417
109 353

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30902
-₽30902
₽62748
-₽30902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
40 024
pensions
-
-
-
881
national
-
-
-
22 738
labour market
-
-
-
15 170
total
-
-
-
78 813
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
190 500
190 500
190 500
190 500
Total tax
172 463
172 463
172 463
78 813
After tax
18 037
18 037
18 037
111 687
Living cost
48 939
48 939
48 939
48 939
Free-cash
-30 902
-30 902
-30 902
62 748

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6437
₽12077
₽108312
₽82057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
255
income
-
-
-
53 293
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 320
Employee
34 400
-
172 286
-
health
3 939
-
19 727
-
income
4 719
-
40 938
-
pensions
3 874
-
7 697
-
total
12 532
-
68 362
-
Employer
34 400
-
172 286
-
accident
574
-
2 877
-
unemployment
843
-
4 221
-
pensions
5 593
-
11 115
-
total
7 010
-
18 213
-
Corporate
149 089
190 500
-
-
income

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

134 180
171 450
-
-
total
134 180
171 450
-
-
Dividends
14 909
19 050
-
-
withholding
2 833
3 619
-
-
total
2 833
3 619
-
-
Income
190 500
190 500
190 500
190 500
Total tax
156 555
175 069
86 575
60 320
After tax
33 945
15 431
103 925
130 180
Living cost
21 868
21 868
21 868
21 868
Free-cash
12 077
-6 437
82 057
108 312

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79639
₽82471
₽82184
₽60187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
190 500
municipal
-
-
-
33 838
health
-
-
-
2 509
national
-
-
-
32 952
total
-
-
-
69 299
Employee
53 468
-
160 259
-
health
399
-
2 044
-
municipal
8 758
-
26 099
-
pensions
3 608
-
10 817
-
unemployment
802
-
2 403
-
national
883
-
19 692
-
total
14 450
-
61 055
-
Employer
53 468
-
160 259
-
accident
54
-
160
-
unemployment
347
-
1 041
-
pensions
9 276
-
27 806
-
health
411
-
1 234
-
total
10 088
-
30 241
-
Corporate
126 944
190 500
-
-
income
25 389
38 100
-
-
total
25 389
38 100
-
-
Dividends

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

76 166
114 300
-
-
national
5 375
13 170
-
-
municipal
13 710
20 574
-
-
total
19 085
33 744
-
-
Income
190 500
190 500
190 500
190 500
Total tax
69 012
71 844
91 296
69 299
After tax
121 488
118 656
99 204
121 201
Living cost
39 017
39 017
39 017
39 017
Free-cash
82 471
79 639
60 187
82 184

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115406
₽109873
₽106102
₽104456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
39 568
health
-
-
-
4 858
social contributions
-
-
-
16 443
total
-
-
-
60 869
Employee
78 145
78 145
178 450
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 034
-
income
8 509
7 234
38 683
-
total
12 070
15 049
50 465
-
Employer
78 145
78 145
178 450
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
3 302
-
total
3 613
7 932
12 050
-
Corporate
151 290
104 422
-
-
income
18 911
13 052
-
-
total
18 911
13 052
-
-
Dividends
132 379
91 370
-
-
withholding
22 504
15 532
-
-
total
22 504
15 532
-
-
Income
190 500
190 500
190 500
190 500
Total tax
57 098
51 565
62 515
60 869
After tax
133 402
138 935
127 985
129 631
Living cost
23 529
23 529
23 529
23 529
Free-cash
109 873
115 406
104 456
106 102

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141618
₽136449
₽144717
₽124334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
190 500
income
-
-
-
19 477
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
29 648
Employee

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

23 327
-
180 568
-
health
1 983
-
8 196
-
income
1 595
-
16 958
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
40 100
-
Employer

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

23 327
-
180 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
164 772
190 500
-
-
income
14 829
17 145
-
-
total
14 829
17 145
-
-
Dividends
149 944
173 355
-
-
withholding
13 494
15 602
-
-
total
13 494
15 602
-
-
Income
190 500
190 500
190 500
190 500
Total tax
37 916
32 747
50 031
29 648
After tax
152 584
157 753
140 469
160 852
Living cost
16 135
16 135
16 135
16 135
Free-cash
136 449
141 618
124 334
144 717

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98897
₽94408
₽78833
₽74570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
849
income
-
-
-
55 462
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
83 721
Employee
37 577
-
160 471
-
other
37
-
94
-
income
7 245
-
51 973
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
57 955
-
Employer
37 577
-
160 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
140 943
190 500
-
-
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.

21 141
28 575
-
-
total
21 141
28 575
-
-
Dividends
119 802
161 925
-
-
withholding
25 395
35 082
-
-
total
25 395
35 082
-
-
Income
190 500
190 500
190 500
190 500
Total tax
68 146
63 657
87 984
83 721
After tax
122 354
126 843
102 516
106 779
Living cost
27 946
27 946
27 946
27 946
Free-cash
94 408
98 897
74 570
78 833

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116091
₽115635
₽119410
₽119213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
64 809
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
68 309
Employee
4 236
-
188 218
-
health
212
-
507
-
income
820
-
64 702
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
66 223
-
Employer
4 236
-
188 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
185 310
190 500
-
-
income
40 768
41 910
-
-
total
40 768
41 910
-
-
Dividends
144 542
148 590
-
-
withholding
28 908
29 718
-
-
total
28 908
29 718
-
-
Income
190 500
190 500
190 500
190 500
Total tax
72 084
71 628
68 506
68 309
After tax
118 416
118 872
121 994
122 191
Living cost
2 781
2 781
2 781
2 781
Free-cash
115 635
116 091
119 213
119 410

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
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.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120078
₽115080
₽101195
₽101195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
income
-
-
-
43 384
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
71 747
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.

26 477
-
177 069
-
health
1 364
-
3 864
-
income
3 650
-
43 384
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
58 316
-
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.

26 477
-
177 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
159 284
190 500
-
-
income
23 893
28 575
-
-
total
23 893
28 575
-
-
Dividends
135 391
161 925
-
-
withholding
20 309
24 289
-
-
total
20 309
24 289
-
-
Income
190 500
190 500
190 500
190 500
Total tax
57 862
52 864
71 747
71 747
After tax
132 638
137 636
118 753
118 753
Living cost
17 558
17 558
17 558
17 558
Free-cash
115 080
120 078
101 195
101 195

Estimated living cost  is ₽17558 per week

₽11822
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80957
₽80593
₽73887
₽59444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
income
-
-
-
23 016
surtax
-
-
-
-
social contributions

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

-
-
-
66 199
total
-
-
-
89 215
Employee
39 443
-
153 939
-
social contributions
4 339
-
16 933
-
surtax
-
-
-
-
income
7 707
-
50 164
-
total
12 046
-
67 097
-
Employer
39 443
-
153 939
-
social contributions
9 367
-
36 561
-
total
9 367
-
36 561
-
Corporate
141 690
190 500
-
-
surtax
-
-
-
-
income
29 755
40 006
-
-
total
29 755
40 006
-
-
Dividends
111 934
150 494
-
-
withholding
31 341
42 139
-
-
total
31 341
42 139
-
-
Income
190 500
190 500
190 500
190 500
Total tax
82 509
82 145
103 658
89 215
After tax
107 991
108 355
86 842
101 285
Living cost
27 398
27 398
27 398
27 398
Free-cash
80 593
80 957
59 444
73 887

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91127
₽84476
₽71063
₽66800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
849
income
-
-
-
55 462
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
83 721
Employee
49 081
-
160 471
-
other
48
-
94
-
income
10 251
-
51 973
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
57 955
-
Employer
49 081
-
160 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
125 771
190 500
-
-
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.

18 865
28 575
-
-
total
18 865
28 575
-
-
Dividends
106 906
161 925
-
-
withholding
22 429
35 082
-
-
total
22 429
35 082
-
-
Income
190 500
190 500
190 500
190 500
Total tax
70 308
63 657
87 984
83 721
After tax
120 192
126 843
102 516
106 779
Living cost
35 716
35 716
35 716
35 716
Free-cash
84 476
91 127
66 800
71 063

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
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.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145399
₽139207
₽134969
₽142566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
28 575
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 052
Employee
23 145
-
183 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
18 353
-
pensions

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

2 032
-
3 116
-
total
5 666
-
23 492
-
Employer
23 145
-
183 537
-
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.

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
162 814
190 500
-
-
income
16 281
19 050
-
-
total
16 281
19 050
-
-
Dividends
146 533
171 450
-
-
withholding
7 326
8 572
-
-
total
7 326
8 572
-
-
Income
190 500
190 500
190 500
190 500
Total tax
33 814
27 622
30 455
38 052
After tax
156 686
162 878
160 045
152 448
Living cost
17 479
17 479
17 479
17 479
Free-cash
139 207
145 399
142 566
134 969

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
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.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58786
₽72083
₽60298
₽80854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
trade
-
-
-
20 556
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.

-
-
-
60 159
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.

-
-
-
6 943
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.

-
-
-
3 309
total
-
-
-
90 967
Employee

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

50 565
-
190 500
-
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.

6 943
-
6 943
-
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
-
3 309
-
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.

4 158
-
60 159
-
total
11 330
-
70 411
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 935
190 500
-
-
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.

1 155
1 572
-
-
income
20 990
28 575
-
-
trade
20 080
27 337
-
-
chamber of commerce
359
434
-
-
total
42 584
57 918
-
-
Dividends
97 351
132 582
-
-
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.

1 317
1 801
-
-
withholding
23 951
32 760
-
-
total
25 268
34 561
-
-
Income
190 500
190 500
190 500
190 500
Total tax
79 182
92 479
70 411
90 967
After tax
111 318
98 021
120 089
99 533
Living cost
39 235
39 235
39 235
39 235
Free-cash
72 083
58 786
80 854
60 298

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75460
₽77703
₽41158
₽41158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
59 403
social contributions
-
-
-
32 048
total
-
-
-
91 451
Employee
79 494
-
190 500
-
income
15 000
-
59 403
-
social contributions
6 604
-
32 048
-
total
21 604
-
91 451
-
Employer
79 494
-
190 500
-
total
-
-
-
-
Corporate
111 006
190 500
-
-
income
13 876
23 812
-
-
total
13 876
23 812
-
-
Dividends
97 130
166 688
-
-
withholding
19 426
33 337
-
-
total
19 426
33 337
-
-
Income
190 500
190 500
190 500
190 500
Total tax
54 906
57 149
91 451
91 451
After tax
135 594
133 351
99 049
99 049
Living cost
57 891
57 891
57 891
57 891
Free-cash
77 703
75 460
41 158
41 158

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81565
₽85117
₽117870
₽97857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
185 825
-
income
5 059
-
46 403
-
social contributions
4 671
-
4 675
-
total
9 730
-
51 078
-
Employer
46 620
-
185 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
139 209
190 500
-
-
income
48 723
66 676
-
-
total
48 723
66 676
-
-
Dividends
90 486
123 824
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
190 500
190 500
190 500
190 500
Total tax
68 493
72 045
55 753
35 740
After tax
122 007
118 455
134 747
154 760
Living cost
36 890
36 890
36 890
36 890
Free-cash
85 117
81 565
97 857
117 870

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85591
₽91650
₽87556
₽70370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
income
-
-
-
55 540
pensions
-
-
-
9 410
total
-
-
-
64 950
Employee
52 152
-
166 317
-
health
680
-
2 370
-
income
9 497
-
44 085
-
pensions
3 980
-
11 498
-
total
14 157
-
57 953
-
Employer
52 152
-
166 317
-
pensions
5 269
-
21 022
-
health
991
-
3 161
-
total
6 260
-
24 183
-
Corporate
132 088
190 500
-
-
income

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

25 097
36 194
-
-
total
25 097
36 194
-
-
Dividends
106 990
154 306
-
-
withholding
15 342
30 721
-
-
total
15 342
30 721
-
-
Income
190 500
190 500
190 500
190 500
Total tax
60 856
66 915
82 136
64 950
After tax
129 644
123 585
108 364
125 550
Living cost
37 994
37 994
37 994
37 994
Free-cash
91 650
85 591
70 370
87 556

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8602
₽11744
₽106147
₽79892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
accident
-
-
-
255
income
-
-
-
53 293
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 320
Employee
37 806
-
172 286
-
health
4 329
-
19 727
-
income
5 187
-
40 938
-
pensions
4 257
-
7 697
-
total
13 773
-
68 362
-
Employer
37 806
-
172 286
-
accident
631
-
2 877
-
unemployment
926
-
4 221
-
pensions
6 147
-
11 115
-
total
7 704
-
18 213
-
Corporate
144 990
190 500
-
-
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.

130 491
171 450
-
-
total
130 491
171 450
-
-
Dividends
14 499
19 050
-
-
withholding
2 755
3 619
-
-
total
2 755
3 619
-
-
Income
190 500
190 500
190 500
190 500
Total tax
154 723
175 069
86 575
60 320
After tax
35 777
15 431
103 925
130 180
Living cost
24 033
24 033
24 033
24 033
Free-cash
11 744
-8 602
79 892
106 147

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132037
₽141867
₽100628
₽122922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
190 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
31 589
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
76 177
Employee

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

21 911
-
190 500
-
work injury
110
-
405
-
income
2 191
-
31 589
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
53 883
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 589
190 500
-
-
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%.

1 686
19 050
-
-
total
1 686
19 050
-
-
Dividends
166 903
171 450
-
-
withholding
25 035
25 718
-
-
total
25 035
25 718
-
-
Income
190 500
190 500
190 500
190 500
Total tax
34 938
44 768
53 883
76 177
After tax
155 562
145 732
136 617
114 323
Living cost
13 695
13 695
13 695
13 695
Free-cash
141 867
132 037
122 922
100 628

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59857
₽55234
₽47633
₽39271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
190 500
municipal
-
-
-
1 273
regional
-
-
-
4 375
national
-
-
-
47 737
social contributions
-
-
-
48 997
total
-
-
-
102 382
Employee
85 636
-
190 500
-
social contributions
28 876
-
64 236
-
regional
1 293
-
3 883
-
municipal
511
-
1 136
-
national
14 472
-
41 489
-
total
45 152
-
110 744
-
Employer
85 636
-
190 500
-
total
-
-
-
-
Corporate
104 864
190 500
-
-
nationa
25 167
45 720
-
-
municipal
5 055
9 182
-
-
total
30 222
54 902
-
-
Dividends
74 641
135 598
-
-
withholding
19 407
35 256
-
-
total
19 407
35 256
-
-
Income
190 500
190 500
190 500
190 500
Total tax
94 781
90 158
110 744
102 382
After tax
95 719
100 342
79 756
88 118
Living cost
40 485
40 485
40 485
40 485
Free-cash
55 234
59 857
39 271
47 633

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close