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
₽ 192500
per

Your estimated
City
free-cash

Dresden , Germany
₽66756
₽90681
₽67689
₽77823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income

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

-
-
-
61 306
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.

-
-
-
3 372
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.

-
-
-
6 835
trade
-
-
-
22 992
total
-
-
-
94 505
Employee

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

38 269
-
192 500
-
surtax

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

59
-
3 372
-
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.

1 069
-
61 306
-
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.

6 835
-
6 835
-
total
7 963
-
71 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 231
192 500
-
-
income
23 134
28 876
-
-
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.

1 272
1 587
-
-
chamber of commerce
374
429
-
-
trade
24 292
30 319
-
-
total
49 072
61 211
-
-
Dividends
105 159
131 289
-
-
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.

1 426
1 785
-
-
withholding
25 910
32 442
-
-
total
27 336
34 227
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 371
95 438
71 513
94 505
After tax
108 129
97 062
120 987
97 995
Living cost
30 306
30 306
30 306
30 306
Free-cash
77 823
66 756
90 681
67 689

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67069
₽60753
₽59720
₽66187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
2 069
municipal
-
-
-
21 146
national
-
-
-
33 414
pensions
-
-
-
23 100
total
-
-
-
79 729
Employee
82 238
-
166 415
-
municipal
10 158
-
21 891
-
pensions
3 290
-
6 657
-
national
15 740
-
35 046
-
total
29 188
-
63 594
-
Employer
82 238
-
166 415
-
pensions
6 579
-
13 313
-
social contributions
884
-
1 789
-
total
7 463
-
15 102
-
Corporate
97 371
192 500
-
-
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%.

19 474
38 500
-
-
total
19 474
38 500
-
-
Dividends
77 897
154 000
-
-
withholding
17 137
33 880
-
-
total
17 137
33 880
-
-
Income
192 500
192 500
192 500
192 500
Total tax
73 262
72 380
78 696
79 729
After tax
119 238
120 120
113 804
112 771
Living cost
53 051
53 051
53 051
53 051
Free-cash
66 187
67 069
60 753
59 720

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133184
₽61162
₽47008
₽124979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
37 253
surtax
-
-
-
49 088
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
124 676
Employee
29 236
-
147 544
-
surtax
-
-
21 395
-
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.

3 216
-
13 116
-
income
5 204
-
31 055
-
total
8 420
-
65 566
-
Employer
29 236
-
147 544
-
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.

7 042
-
28 726
-
surtax
-
-
16 230
-
total
7 042
-
44 956
-
Corporate
156 221
192 500
-
-
income

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

31 243
38 500
-
-
total
31 243
38 500
-
-
Dividends

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

124 978
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
46 705
38 500
110 522
124 676
After tax
145 795
154 000
81 978
67 824
Living cost
20 816
20 816
20 816
20 816
Free-cash
124 979
133 184
61 162
47 008

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53633
₽80119
₽63230
₽47503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
63 295
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
87 356
Employee
85 442
85 442
173 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
27 812
-
health
13 114
11 155
12 338
-
total
42 480
36 864
51 873
-
Employer
85 442
85 442
173 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
93 144
92 096
-
-
income
18 628
18 419
-
-
total
18 628
18 419
-
-
Dividends
74 516
73 676
-
-
income
15 835
15 657
-
-
withholding
11 178
11 051
-
-
total
27 013
26 708
-
-
Income
192 500
192 500
192 500
192 500
Total tax
103 083
96 953
70 467
87 356
After tax
89 417
95 547
122 033
105 144
Living cost
41 914
41 914
41 914
41 914
Free-cash
47 503
53 633
80 119
63 230

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64004
₽56067
₽57064
₽63082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
49 622
national
-
-
-
18 617
pensions
-
-
-
9 738
total
-
-
-
94 335
Employee
58 565
-
164 197
-
municipal
17 464
-
48 964
-
national
-
-
18 065
-
total
17 464
-
67 029
-
Employer
58 565
-
164 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
115 534
192 500
-
-
income
25 417
42 350
-
-
total
25 417
42 350
-
-
Dividends
90 116
150 150
-
-
withholding
27 035
45 045
-
-
total
27 035
45 045
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 317
87 395
95 332
94 335
After tax
104 183
105 105
97 168
98 165
Living cost
41 101
41 101
41 101
41 101
Free-cash
63 082
64 004
56 067
57 064

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56769
₽81682
₽57669
₽70827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income

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

-
-
-
61 306
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.

-
-
-
3 372
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.

-
-
-
6 835
trade
-
-
-
24 013
total
-
-
-
95 526
Employee

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

50 740
-
192 500
-
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.

239
-
3 372
-
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.

4 359
-
61 306
-
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.

6 835
-
6 835
-
total
11 433
-
71 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 760
192 500
-
-
income
21 264
28 876
-
-
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.

1 170
1 587
-
-
chamber of commerce
353
425
-
-
trade
23 320
31 667
-
-
total
46 107
62 555
-
-
Dividends
95 654
129 945
-
-
surtax

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

1 295
1 766
-
-
withholding
23 533
32 105
-
-
total
24 828
33 871
-
-
Income
192 500
192 500
192 500
192 500
Total tax
82 368
96 426
71 513
95 526
After tax
110 132
96 074
120 987
96 974
Living cost
39 305
39 305
39 305
39 305
Free-cash
70 827
56 769
81 682
57 669

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107924
₽96656
₽98307
₽103774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
40 644
social contributions
-
-
-
16 188
health
-
-
-
4 908
total
-
-
-
61 740
Employee
76 937
76 937
180 548
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
39 755
-
health
765
1 308
3 070
-
total
12 583
14 815
51 438
-
Employer
76 937
76 937
180 548
-
health
834
1 424
3 340
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
11 953
-
Corporate
142 892
107 754
-
-
income
17 861
13 470
-
-
total
17 861
13 470
-
-
Dividends
125 031
94 284
-
-
withholding
21 256
16 029
-
-
total
21 256
16 029
-
-
Income
192 500
192 500
192 500
192 500
Total tax
56 273
52 123
63 391
61 740
After tax
136 227
140 377
129 109
130 760
Living cost
32 453
32 453
32 453
32 453
Free-cash
103 774
107 924
96 656
98 307

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89736
₽93223
₽114984
₽90118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
23 533
unemployment
-
-
-
2 887
health
-
-
-
13 475
pensions
-
-
-
19 250
total
-
-
-
59 145
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.

26 520
10 554
161 088
-
unemployment
398
158
2 416
-
pensions
2 652
1 055
16 109
-
income
3 242
1 290
19 693
-
health
1 856
739
11 276
-
total
8 148
3 242
49 494
-
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.

26 520
10 554
161 088
-
pensions
5 171
2 058
31 412
-
total
5 171
2 058
31 412
-
Corporate
160 809
179 887
-
-
income
14 473
16 190
-
-
total
14 473
16 190
-
-
Dividends
146 336
163 698
-
-
social contributions
28 415
31 800
-
-
withholding
27 804
31 103
-
-
total
56 219
62 903
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 011
84 393
80 906
59 145
After tax
108 489
108 107
111 594
133 355
Living cost
18 371
18 371
18 371
18 371
Free-cash
90 118
89 736
93 223
114 984

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129833
₽86789
₽79014
₽123617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
25 796
health
-
-
-
25 025
pensions
-
-
-
38 498
total
-
-
-
89 319
Employee
28 384
-
143 870
-
unemployment
454
-
2 301
-
pensions
568
-
2 877
-
income
3 196
-
27 738
-
total
4 218
-
32 916
-
Employer
28 384
-
143 870
-
health
3 689
-
18 702
-
pensions
5 677
-
28 775
-
unemployment
228
-
1 151
-
total
9 594
-
48 628
-
Corporate
154 522
192 500
-
-
income
30 904
38 500
-
-
total
30 904
38 500
-
-
Dividends
123 618
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
44 716
38 500
81 544
89 319
After tax
147 784
154 000
110 956
103 181
Living cost
24 167
24 167
24 167
24 167
Free-cash
123 617
129 833
86 789
79 014

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6709
₽82749
₽109241
₽12172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
256
income
-
-
-
53 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
60 957
Employee
35 083
-
174 156
-
pensions
3 950
-
7 734
-
income
4 813
-
41 429
-
health
4 017
-
19 941
-
total
12 780
-
69 104
-
Employer
35 083
-
174 156
-
pensions
5 705
-
11 169
-
accident
586
-
2 909
-
unemployment
859
-
4 267
-
total
7 150
-
18 345
-
Corporate
150 268
192 500
-
-
income

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

135 241
173 250
-
-
total
135 241
173 250
-
-
Dividends
15 027
19 250
-
-
withholding
2 855
3 657
-
-
total
2 855
3 657
-
-
Income
192 500
192 500
192 500
192 500
Total tax
158 026
176 907
87 449
60 957
After tax
34 474
15 593
105 051
131 543
Living cost
22 302
22 302
22 302
22 302
Free-cash
12 172
-6 709
82 749
109 241

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174810
₽145935
₽182510
₽173298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
192 500
microenterprise

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

-
-
-
1 925
total
-
-
-
1 925
Employee
10 081
-
192 500
-
income
2 016
-
38 500
-
total
2 016
-
38 500
-
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%.

182 419
192 500
-
-
total
-
-
-
-
Dividends
182 419
192 500
-
-
withholding
9 121
9 625
-
-
total
9 121
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 137
9 625
38 500
1 925
After tax
181 363
182 875
154 000
190 575
Living cost
8 065
8 065
8 065
8 065
Free-cash
173 298
174 810
145 935
182 510

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114768
₽82457
₽84121
₽108012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 281
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
81 719
Employee
36 329
-
154 144
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
30 727
-
health
509
-
2 130
-
total
9 668
-
45 028
-
Employer
36 329
-
154 144
-
health
509
-
2 130
-
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.

6 177
-
25 866
-
accident
291
-
1 232
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 355
-
Corporate
147 016
192 500
-
-
income
30 873
40 426
-
-
total
30 873
40 426
-
-
Dividends
116 143
152 074
-
-
withholding
8 130
10 646
-
-
total
8 130
10 646
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 828
51 072
83 383
81 719
After tax
134 672
141 428
109 117
110 781
Living cost
26 660
26 660
26 660
26 660
Free-cash
108 012
114 768
82 457
84 121

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57759
₽42662
₽59987
₽64284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 906
pensions
-
-
-
9 279
total
-
-
-
66 185
Employee
93 844
-
167 996
-
pensions
9 053
-
11 284
-
income
16 916
-
45 356
-
health
1 546
-
2 366
-
total
27 515
-
59 006
-
Employer
93 844
-
167 996
-
health
1 782
-
3 191
-
pensions
11 080
-
21 313
-
total
12 862
-
24 504
-
Corporate
85 794
192 500
-
-
income

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

16 300
36 576
-
-
total
16 300
36 576
-
-
Dividends
69 493
155 924
-
-
withholding
5 211
31 837
-
-
total
5 211
31 837
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 888
68 413
83 510
66 185
After tax
130 612
124 087
108 990
126 315
Living cost
66 328
66 328
66 328
66 328
Free-cash
64 284
57 759
42 662
59 987

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽151475
₽148908
₽141183
₽146828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 204
Employee
17 364
-
185 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
18 565
-
health
799
-
1 607
-
total
4 251
-
23 624
-
Employer
17 364
-
185 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
171 729
192 500
-
-
income
17 173
19 250
-
-
total
17 173
19 250
-
-
Dividends
154 556
173 250
-
-
withholding
7 728
8 662
-
-
total
7 728
8 662
-
-
Income
192 500
192 500
192 500
192 500
Total tax
32 559
27 912
30 479
38 204
After tax
159 941
164 588
162 021
154 296
Living cost
13 113
13 113
13 113
13 113
Free-cash
146 828
151 475
148 908
141 183

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40065
₽66551
₽49662
₽42580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
63 295
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
87 356
Employee
92 763
85 442
173 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
27 812
-
health
11 573
11 155
12 338
-
total
37 282
36 864
51 873
-
Employer
92 763
85 442
173 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
83 495
92 096
-
-
income
16 699
18 419
-
-
total
16 699
18 419
-
-
Dividends
66 796
73 676
-
-
income
14 195
15 657
-
-
withholding
10 020
11 051
-
-
total
24 215
26 708
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 438
96 953
70 467
87 356
After tax
98 062
95 547
122 033
105 144
Living cost
55 482
55 482
55 482
55 482
Free-cash
42 580
40 065
66 551
49 662

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107676
₽77561
₽85692
₽98807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
19 611
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
576
health
-
-
-
25 988
total
-
-
-
81 948
Employee
36 559
-
148 507
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
7 963
-
income
4 387
-
18 074
-
health
4 936
-
20 048
-
total
11 699
-
46 085
-
Employer
36 559
-
148 507
-
health
3 290
-
13 366
-
social contributions
9 140
-
30 628
-
total
12 430
-
43 994
-
Corporate
143 511
192 500
-
-
income
27 267
36 575
-
-
total
27 267
36 575
-
-
Dividends
116 244
155 925
-
-
withholding
17 437
23 389
-
-
total
17 437
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 833
59 964
90 079
81 948
After tax
123 667
132 536
102 421
110 552
Living cost
24 860
24 860
24 860
24 860
Free-cash
98 807
107 676
77 561
85 692

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60486
₽40134
₽48820
₽55264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
49 511
regional
-
-
-
2 289
municipal
-
-
-
1 143
national
-
-
-
48 518
total
-
-
-
101 461
Employee
88 922
-
192 500
-
municipal
471
-
1 022
-
national
15 408
-
42 191
-
regional
839
-
2 023
-
social contributions
29 985
-
64 911
-
total
46 703
-
110 147
-
Employer
88 922
-
192 500
-
total
-
-
-
-
Corporate
103 578
192 500
-
-
municipal
4 040
7 508
-
-
nationa
24 858
46 200
-
-
total
28 898
53 708
-
-
Dividends
74 679
138 793
-
-
withholding
19 416
36 087
-
-
total
19 416
36 087
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 017
89 795
110 147
101 461
After tax
97 483
102 705
82 353
91 039
Living cost
42 219
42 219
42 219
42 219
Free-cash
55 264
60 486
40 134
48 820

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99003
₽62683
₽68802
₽95891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 187
other
-
-
-
-
surtax
-
-
-
9 017
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
101 619
Employee
33 087
-
164 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
7 821
-
income
5 546
-
50 204
-
health
845
-
3 404
-
total
11 008
-
79 630
-
Employer
33 087
-
164 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
152 448
192 500
-
-
income
39 636
50 050
-
-
total
39 636
50 050
-
-
Dividends
112 812
142 450
-
-
withholding
16 921
21 368
-
-
total
16 921
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 530
71 418
107 738
101 619
After tax
117 970
121 082
84 762
90 881
Living cost
22 079
22 079
22 079
22 079
Free-cash
95 891
99 003
62 683
68 802

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78774
₽63677
₽81002
₽85328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 906
pensions
-
-
-
9 279
total
-
-
-
66 185
Employee
62 892
-
167 996
-
pensions
5 338
-
11 284
-
income
11 327
-
45 356
-
health
913
-
2 366
-
total
17 578
-
59 006
-
Employer
62 892
-
167 996
-
health
1 195
-
3 191
-
pensions
6 808
-
21 313
-
total
8 003
-
24 504
-
Corporate
121 606
192 500
-
-
income

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

23 104
36 576
-
-
total
23 104
36 576
-
-
Dividends
98 502
155 924
-
-
withholding
13 174
31 837
-
-
total
13 174
31 837
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 859
68 413
83 510
66 185
After tax
130 641
124 087
108 990
126 315
Living cost
45 313
45 313
45 313
45 313
Free-cash
85 328
78 774
63 677
81 002

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8780
₽67042
₽75719
₽42686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
other

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

-
-
-
3 851
regional
-
-
-
9 843
health
-
-
-
434
city
-
-
-
2 029
national
-
-
-
3 669
pensions
-
-
-
17 709
total
-
-
-
37 535
Employee
92 738
-
172 301
-
unemployment
-
-
-
-
pensions
7 791
-
14 471
-
national
439
-
2 705
-
regional
3 037
-
8 495
-
city
995
-
1 850
-
health
210
-
387
-
total
12 472
-
27 908
-
Employer
92 738
-
172 301
-
health
210
-
387
-
pensions
7 791
-
14 471
-
unemployment
-
-
-
-
other

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

1 854
-
3 446
-
total
9 855
-
18 304
-
Corporate
88 887
192 500
-
-
regional
18 800
40 713
-
-
national
7 555
16 362
-
-
total
26 355
57 075
-
-
Dividends
62 532
135 425
-
-
withholding
21 886
47 399
-
-
total
21 886
47 399
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 568
104 474
46 212
37 535
After tax
121 932
88 026
146 288
154 965
Living cost
79 246
79 246
79 246
79 246
Free-cash
42 686
8 780
67 042
75 719

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49250
₽75152
₽50116
₽65474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income

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

-
-
-
61 306
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.

-
-
-
3 372
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.

-
-
-
6 835
trade
-
-
-
25 036
total
-
-
-
96 549
Employee

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

60 131
-
192 500
-
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.

389
-
3 372
-
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.

7 071
-
61 306
-
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.

6 835
-
6 835
-
total
14 295
-
71 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 369
192 500
-
-
income
19 855
28 876
-
-
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.

1 092
1 587
-
-
chamber of commerce
338
423
-
-
trade
22 701
33 013
-
-
total
43 986
63 899
-
-
Dividends
88 383
128 601
-
-
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.

1 194
1 747
-
-
withholding
21 716
31 769
-
-
total
22 910
33 516
-
-
Income
192 500
192 500
192 500
192 500
Total tax
81 191
97 415
71 513
96 549
After tax
111 309
95 085
120 987
95 951
Living cost
45 835
45 835
45 835
45 835
Free-cash
65 474
49 250
75 152
50 116

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62785
₽69708
₽73929
₽68697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 461
other
-
-
-
5 968
surtax
-
-
-
-
social contributions
-
-
-
5 485
health
-
-
-
8 649
pensions
-
-
-
32 776
total
-
-
-
84 339
Employee
42 822
-
148 258
-
pensions
4 842
-
10 610
-
surtax
-
-
-
-
social contributions
1 221
-
4 225
-
income
2 527
-
29 483
-
total
8 590
-
44 318
-
Employer
42 822
-
148 258
-
health
2 998
-
14 074
-
pensions
7 035
-
17 809
-
unemployment
1 734
-
6 004
-
social contributions
129
-
444
-
other
1 477
-
5 911
-
total
13 373
-
44 242
-
Corporate
136 306
192 500
-
-
income
38 166
53 901
-
-
surtax
-
-
-
-
total
38 166
53 901
-
-
Dividends
98 139
138 599
-
-
surtax
-
-
-
-
social contributions
16 880
23 840
-
-
withholding
12 562
17 742
-
-
total
29 442
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 571
95 483
88 560
84 339
After tax
102 929
97 017
103 940
108 161
Living cost
34 232
34 232
34 232
34 232
Free-cash
68 697
62 785
69 708
73 929

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66177
₽73100
₽77321
₽71739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 461
other
-
-
-
5 968
surtax
-
-
-
-
social contributions
-
-
-
5 485
health
-
-
-
8 649
pensions
-
-
-
32 776
total
-
-
-
84 339
Employee
38 224
-
148 258
-
pensions
4 323
-
10 610
-
surtax
-
-
-
-
social contributions
1 090
-
4 225
-
income
1 971
-
29 483
-
total
7 384
-
44 318
-
Employer
38 224
-
148 258
-
health
2 675
-
14 074
-
pensions
6 281
-
17 809
-
unemployment
1 547
-
6 004
-
social contributions
114
-
444
-
other
1 320
-
5 911
-
total
11 937
-
44 242
-
Corporate
142 338
192 500
-
-
income
39 854
53 901
-
-
surtax
-
-
-
-
total
39 854
53 901
-
-
Dividends
102 484
138 599
-
-
surtax
-
-
-
-
social contributions
17 628
23 840
-
-
withholding
13 118
17 742
-
-
total
30 746
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 921
95 483
88 560
84 339
After tax
102 579
97 017
103 940
108 161
Living cost
30 840
30 840
30 840
30 840
Free-cash
71 739
66 177
73 100
77 321

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96227
₽97959
₽102406
₽96746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 876
social contributions
-
-
-
26 565
health
-
-
-
13 437
total
-
-
-
68 878
Employee
33 924
-
192 500
-
social contributions
4 682
-
26 565
-
income
5 658
-
33 323
-
health
2 368
-
13 437
-
total
12 708
-
73 325
-
Employer
33 924
-
192 500
-
total
-
-
-
-
Corporate
158 576
192 500
-
-
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%.

7 929
9 625
-
-
total
7 929
9 625
-
-
Dividends
150 647
182 875
-
-
social contributions
20 789
25 236
-
-
withholding
22 597
27 431
-
-
health
10 515
12 765
-
-
total
53 901
65 432
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 538
75 057
73 325
68 878
After tax
117 962
117 443
119 175
123 622
Living cost
21 216
21 216
21 216
21 216
Free-cash
96 746
96 227
97 959
102 406

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽71102
₽15554
₽63588
₽69555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
55 986
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
771
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
93 657
Employee
50 003
39 873
155 821
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
45 835
-
health
1 935
1 544
4 523
-
total
14 747
10 162
67 005
-
Employer
50 003
39 873
155 821
-
chamber of commerce
199
159
623
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 675
-
other
2 375
1 893
7 071
-
total
14 584
11 672
36 679
-
Corporate
127 911
140 954
152 023
-
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.

31 978
35 238
38 007
-
total
31 978
35 238
38 007
-
Dividends
95 933
105 715
-
-
withholding
26 381
29 071
-
-
total
26 381
29 071
-
-
Income
192 500
192 500
192 500
192 500
Total tax
87 690
86 143
141 691
93 657
After tax
104 810
106 357
50 809
98 843
Living cost
35 255
35 255
35 255
35 255
Free-cash
69 555
71 102
15 554
63 588

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
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.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70975
₽30386
₽47080
₽56138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
communal

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

-
-
-
10 054
social contributions
-
-
-
24 945
national
-
-
-
73 940
total
-
-
-
108 939
Employee

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

71 569
-
149 099
-
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.

623
-
1 297
-
communal

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

3 733
-
7 777
-
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.

5 368
-
11 182
-
national
22 003
-
54 970
-
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.

3 363
-
7 008
-
total
35 090
-
82 234
-
Employer

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

71 569
-
149 099
-
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.

4 401
-
9 169
-
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.

6 342
-
13 209
-
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.

930
-
1 939
-
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.

1 044
-
2 176
-
surtax
8 115
-
16 906
-
total
20 832
-
43 399
-
Corporate
100 098
192 500
-
-
income
20 020
38 736
-
-
surtax
401
775
-
-
total
20 421
39 511
-
-
Dividends
79 677
152 990
-
-
withholding

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

23 538
45 533
-
-
total
23 538
45 533
-
-
Income
192 500
192 500
192 500
192 500
Total tax
99 881
85 044
125 633
108 939
After tax
92 619
107 456
66 867
83 561
Living cost
36 481
36 481
36 481
36 481
Free-cash
56 138
70 975
30 386
47 080

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91982
₽67517
₽71715
₽85130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
835
income
-
-
-
56 830
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
84 651
Employee
49 805
-
162 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
53 395
-
total
13 671
-
59 284
-
Employer
49 805
-
162 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
126 820
192 500
-
-
income

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

19 023
28 876
-
-
total
19 023
28 876
-
-
Dividends
107 797
163 624
-
-
withholding
22 667
35 508
-
-
total
22 667
35 508
-
-
Income
192 500
192 500
192 500
192 500
Total tax
71 236
64 384
88 849
84 651
After tax
121 264
128 116
103 651
107 849
Living cost
36 134
36 134
36 134
36 134
Free-cash
85 130
91 982
67 517
71 715

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57043
₽46655
₽38980
₽43735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
communal
-
-
-
12 165
accident
-
-
-
1 623
income
-
-
-
33 436
surtax
-
-
-
9 543
health
-
-
-
13 526
pensions
-
-
-
28 853
total
-
-
-
99 146
Employee
75 770
-
171 952
-
pensions
6 061
-
13 756
-
surtax
4 644
-
10 538
-
income
7 319
-
38 978
-
health
3 372
-
7 652
-
total
21 396
-
70 924
-
Employer
75 770
-
171 952
-
health
2 311
-
5 244
-
pensions
6 061
-
13 756
-
accident
682
-
1 547
-
total
9 054
-
20 547
-
Corporate
107 677
192 500
-
-
communal
7 268
12 993
-
-
income
16 152
28 876
-
-
surtax
1 130
2 022
-
-
total
24 550
43 891
-
-
Dividends
83 126
148 609
-
-
income
26 922
14 901
-
-
withholding
12 469
22 291
-
-
total
39 391
37 192
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 391
81 083
91 471
99 146
After tax
98 109
111 417
101 029
93 354
Living cost
54 374
54 374
54 374
54 374
Free-cash
43 735
57 043
46 655
38 980

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98609
₽62289
₽68408
₽95426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 187
other
-
-
-
-
surtax
-
-
-
9 017
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
101 619
Employee
33 695
-
164 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
7 821
-
income
5 649
-
50 204
-
health
860
-
3 404
-
total
11 222
-
79 630
-
Employer
33 695
-
164 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
151 712
192 500
-
-
income
39 446
50 050
-
-
total
39 446
50 050
-
-
Dividends
112 266
142 450
-
-
withholding
16 840
21 368
-
-
total
16 840
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 601
71 418
107 738
101 619
After tax
117 899
121 082
84 762
90 881
Living cost
22 473
22 473
22 473
22 473
Free-cash
95 426
98 609
62 289
68 408

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74230
₽54833
₽63474
₽72009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
49 511
regional
-
-
-
2 902
municipal
-
-
-
1 143
national
-
-
-
48 518
total
-
-
-
102 074
Employee
55 502
-
192 500
-
municipal
294
-
1 022
-
national
8 793
-
42 191
-
regional
747
-
2 591
-
social contributions
18 716
-
64 911
-
total
28 550
-
110 715
-
Employer
55 502
-
192 500
-
total
-
-
-
-
Corporate
136 998
192 500
-
-
municipal
6 809
9 568
-
-
nationa
32 880
46 200
-
-
total
39 689
55 768
-
-
Dividends
97 310
136 733
-
-
withholding
25 300
35 550
-
-
total
25 300
35 550
-
-
Income
192 500
192 500
192 500
192 500
Total tax
93 539
91 318
110 715
102 074
After tax
98 961
101 182
81 785
90 426
Living cost
26 952
26 952
26 952
26 952
Free-cash
72 009
74 230
54 833
63 474

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101902
₽71787
₽79918
₽90973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
19 611
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
576
health
-
-
-
25 988
total
-
-
-
81 948
Employee
45 050
-
148 507
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
7 963
-
income
5 406
-
18 074
-
health
6 082
-
20 048
-
total
14 416
-
46 085
-
Employer
45 050
-
148 507
-
health
4 055
-
13 366
-
social contributions
11 263
-
30 628
-
total
15 318
-
43 994
-
Corporate
132 132
192 500
-
-
income
25 105
36 575
-
-
total
25 105
36 575
-
-
Dividends
107 027
155 925
-
-
withholding
16 054
23 389
-
-
total
16 054
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 893
59 964
90 079
81 948
After tax
121 607
132 536
102 421
110 552
Living cost
30 634
30 634
30 634
30 634
Free-cash
90 973
101 902
71 787
79 918

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74541
₽18938
₽67119
₽74046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
55 986
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
771
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
93 460
Employee
43 737
39 873
156 005
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
45 924
-
health
1 692
1 544
4 523
-
total
11 816
10 162
67 094
-
Employer
43 737
39 873
156 005
-
chamber of commerce
175
159
625
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 680
-
other
2 077
1 893
7 077
-
total
12 587
11 475
36 495
-
Corporate
136 177
141 151
152 207
-
income

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

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

34 044
35 288
38 052
-
total
34 044
35 288
38 052
-
Dividends
102 133
105 863
-
-
withholding
28 086
29 113
-
-
total
28 086
29 113
-
-
Income
192 500
192 500
192 500
192 500
Total tax
86 533
86 038
141 641
93 460
After tax
105 967
106 462
50 859
99 040
Living cost
31 921
31 921
31 921
31 921
Free-cash
74 046
74 541
18 938
67 119

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170307
₽141432
₽178007
₽167950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
192 500
microenterprise

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

-
-
-
1 925
total
-
-
-
1 925
Employee
15 710
-
192 500
-
income
3 142
-
38 500
-
total
3 142
-
38 500
-
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%.

176 790
192 500
-
-
total
-
-
-
-
Dividends
176 790
192 500
-
-
withholding
8 840
9 625
-
-
total
8 840
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 982
9 625
38 500
1 925
After tax
180 518
182 875
154 000
190 575
Living cost
12 568
12 568
12 568
12 568
Free-cash
167 950
170 307
141 432
178 007

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105700
₽61254
₽65973
₽97330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
45 304
unemployment
-
-
-
289
health
-
-
-
18 942
pensions
-
-
-
35 155
total
-
-
-
99 690
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.

44 244
-
166 564
-
unemployment
63
-
234
-
pensions
6 858
-
25 817
-
income
7 630
-
41 661
-
health
2 858
-
10 760
-
total
17 409
-
78 472
-
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.

44 244
-
166 564
-
health
2 947
-
11 094
-
pensions
3 915
-
14 742
-
unemployment
27
-
101
-
total
6 889
-
25 937
-
Corporate
141 367
192 500
-
-
income
26 859
36 575
-
-
total
26 859
36 575
-
-
Dividends
114 508
155 925
-
-
withholding
17 176
23 388
-
-
total
17 176
23 388
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 333
59 963
104 409
99 690
After tax
124 167
132 537
88 091
92 810
Living cost
26 837
26 837
26 837
26 837
Free-cash
97 330
105 700
61 254
65 973

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73306
₽135332
₽89222
₽25010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
37 522
social contributions
-
-
-
21 945
total
-
-
-
59 467
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
41 108
192 500
-
-
income
9 044
42 350
-
-
total
9 044
42 350
-
-
Dividends
32 064
150 150
-
-
income
7 054
33 033
-
-
total
7 054
33 033
-
-
Income
192 500
192 500
192 500
192 500
Total tax
123 679
75 383
13 357
59 467
After tax
68 821
117 117
179 143
133 033
Living cost
43 811
43 811
43 811
43 811
Free-cash
25 010
73 306
135 332
89 222

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78109
₽56073
₽70666
₽77102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
23 556
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
90 450
Employee
46 017
-
155 555
-
surtax
-
-
-
-
social contributions
5 062
-
17 111
-
income
9 572
-
50 989
-
total
14 634
-
68 100
-
Employer
46 017
-
155 555
-
social contributions
10 929
-
36 943
-
total
10 929
-
36 943
-
Corporate
135 554
192 500
-
-
income
28 466
40 426
-
-
surtax
-
-
-
-
total
28 466
40 426
-
-
Dividends
107 088
152 074
-
-
withholding
29 985
42 581
-
-
total
29 985
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 014
83 007
105 043
90 450
After tax
108 486
109 493
87 457
102 050
Living cost
31 384
31 384
31 384
31 384
Free-cash
77 102
78 109
56 073
70 666

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48692
₽55615
₽59836
₽55570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 461
other
-
-
-
5 968
surtax
-
-
-
-
social contributions
-
-
-
5 485
health
-
-
-
8 649
pensions
-
-
-
32 776
total
-
-
-
84 339
Employee
62 666
-
148 258
-
pensions
7 088
-
10 610
-
surtax
-
-
-
-
social contributions
1 785
-
4 225
-
income
5 468
-
29 483
-
total
14 341
-
44 318
-
Employer
62 666
-
148 258
-
health
4 386
-
14 074
-
pensions
10 297
-
17 809
-
unemployment
2 539
-
6 004
-
social contributions
188
-
444
-
other
2 163
-
5 911
-
total
19 573
-
44 242
-
Corporate
110 262
192 500
-
-
income
30 873
53 901
-
-
surtax
-
-
-
-
total
30 873
53 901
-
-
Dividends
79 389
138 599
-
-
surtax
-
-
-
-
social contributions
13 656
23 840
-
-
withholding
10 162
17 742
-
-
total
23 818
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 605
95 483
88 560
84 339
After tax
103 895
97 017
103 940
108 161
Living cost
48 325
48 325
48 325
48 325
Free-cash
55 570
48 692
55 615
59 836

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143175
₽116253
₽111136
₽139813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
8 939
social contributions
-
-
-
42 349
total
-
-
-
51 288
Employee
32 166
-
166 666
-
income
-
-
9 507
-
social contributions
2 090
-
10 832
-
total
2 090
-
20 339
-
Employer
32 166
-
166 666
-
social contributions
4 986
-
25 832
-
total
4 986
-
25 832
-
Corporate
155 348
192 500
-
-
income
15 535
19 249
-
-
total
15 535
19 249
-
-
Dividends
139 812
173 251
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
22 611
19 249
46 171
51 288
After tax
169 889
173 251
146 329
141 212
Living cost
30 076
30 076
30 076
30 076
Free-cash
139 813
143 175
116 253
111 136

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25383
-₽25383
₽64426
-₽25383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
labour market
-
-
-
15 331
municipal
-
-
-
40 584
national
-
-
-
23 131
pensions
-
-
-
867
total
-
-
-
79 913
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
169 722
169 722
169 722
79 913
After tax
22 778
22 778
22 778
112 587
Living cost
48 161
48 161
48 161
48 161
Free-cash
-25 383
-25 383
-25 383
64 426

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6380
₽83078
₽109570
₽12223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
256
income
-
-
-
53 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
60 957
Employee
34 565
-
174 156
-
pensions
3 892
-
7 734
-
income
4 742
-
41 429
-
health
3 958
-
19 941
-
total
12 592
-
69 104
-
Employer
34 565
-
174 156
-
pensions
5 620
-
11 169
-
accident
577
-
2 909
-
unemployment
847
-
4 267
-
total
7 044
-
18 345
-
Corporate
150 890
192 500
-
-
income

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

135 801
173 250
-
-
total
135 801
173 250
-
-
Dividends
15 089
19 250
-
-
withholding
2 867
3 657
-
-
total
2 867
3 657
-
-
Income
192 500
192 500
192 500
192 500
Total tax
158 304
176 907
87 449
60 957
After tax
34 196
15 593
105 051
131 543
Living cost
21 973
21 973
21 973
21 973
Free-cash
12 223
-6 380
83 078
109 570

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81201
₽61337
₽83385
₽84106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
192 500
health
-
-
-
2 546
municipal
-
-
-
34 192
national
-
-
-
33 963
total
-
-
-
70 701
Employee
52 641
-
161 942
-
municipal
8 622
-
26 371
-
unemployment
790
-
2 428
-
pensions
3 553
-
10 931
-
national
870
-
20 385
-
health
393
-
2 077
-
total
14 228
-
62 192
-
Employer
52 641
-
161 942
-
health
404
-
1 247
-
pensions
9 133
-
28 097
-
accident
53
-
161
-
unemployment
342
-
1 052
-
total
9 932
-
30 557
-
Corporate
129 927
192 500
-
-
income
25 986
38 500
-
-
total
25 986
38 500
-
-
Dividends

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

77 956
115 500
-
-
municipal
14 032
20 789
-
-
national
5 802
13 596
-
-
total
19 834
34 385
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 980
72 885
92 749
70 701
After tax
122 520
119 615
99 751
121 799
Living cost
38 414
38 414
38 414
38 414
Free-cash
84 106
81 201
61 337
83 385

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117212
₽105944
₽107595
₽111766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
40 644
social contributions
-
-
-
16 188
health
-
-
-
4 908
total
-
-
-
61 740
Employee
76 937
76 937
180 548
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
39 755
-
health
596
1 308
3 070
-
total
11 882
14 815
51 438
-
Employer
76 937
76 937
180 548
-
health
647
1 424
3 340
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
11 953
-
Corporate
153 896
107 754
-
-
income
19 238
13 470
-
-
total
19 238
13 470
-
-
Dividends
134 658
94 284
-
-
withholding
22 893
16 029
-
-
total
22 893
16 029
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 569
52 123
63 391
61 740
After tax
134 931
140 377
129 109
130 760
Living cost
23 165
23 165
23 165
23 165
Free-cash
111 766
117 212
105 944
107 595

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143523
₽126812
₽146880
₽138433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
192 500
income
-
-
-
19 720
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
29 734
Employee

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

22 966
-
182 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
17 239
-
health
1 952
-
8 070
-
total
7 080
-
40 024
-
Employer

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

22 966
-
182 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
167 170
192 500
-
-
income
15 045
17 326
-
-
total
15 045
17 326
-
-
Dividends
152 125
175 174
-
-
withholding
13 692
15 765
-
-
total
13 692
15 765
-
-
Income
192 500
192 500
192 500
192 500
Total tax
38 181
33 091
49 802
29 734
After tax
154 319
159 409
142 698
162 766
Living cost
15 886
15 886
15 886
15 886
Free-cash
138 433
143 523
126 812
146 880

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100602
₽76137
₽80335
₽96186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
835
income
-
-
-
56 830
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
84 651
Employee
36 996
-
162 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
53 395
-
total
9 481
-
59 284
-
Employer
36 996
-
162 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
143 709
192 500
-
-
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.

21 556
28 876
-
-
total
21 556
28 876
-
-
Dividends
122 153
163 624
-
-
withholding
25 969
35 508
-
-
total
25 969
35 508
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 800
64 384
88 849
84 651
After tax
123 700
128 116
103 651
107 849
Living cost
27 514
27 514
27 514
27 514
Free-cash
96 186
100 602
76 137
80 335

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118180
₽121908
₽122046
₽117861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
66 073
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
68 514
Employee
2 954
-
190 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
65 999
-
health
148
-
354
-
total
1 015
-
67 061
-
Employer
2 954
-
190 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
188 881
192 500
-
-
income
41 554
42 350
-
-
total
41 554
42 350
-
-
Dividends
147 327
150 150
-
-
withholding
29 465
30 030
-
-
total
29 465
30 030
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 699
72 380
68 652
68 514
After tax
119 801
120 120
123 848
123 986
Living cost
1 940
1 940
1 940
1 940
Free-cash
117 861
118 180
121 908
122 046

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121779
₽103303
₽103304
₽116855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
43 946
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
71 894
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.

26 090
-
179 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
43 946
-
health
1 344
-
3 808
-
total
8 789
-
58 660
-
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.

26 090
-
179 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
161 740
192 500
-
-
income
24 261
28 875
-
-
total
24 261
28 875
-
-
Dividends
137 479
163 625
-
-
withholding
20 622
24 544
-
-
total
20 622
24 544
-
-
Income
192 500
192 500
192 500
192 500
Total tax
58 343
53 419
71 895
71 894
After tax
134 157
139 081
120 605
120 606
Living cost
17 302
17 302
17 302
17 302
Free-cash
116 855
121 779
103 303
103 304

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82519
₽60483
₽75076
₽82158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
23 556
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
90 450
Employee
38 833
-
155 555
-
surtax
-
-
-
-
social contributions
4 272
-
17 111
-
income
7 588
-
50 989
-
total
11 860
-
68 100
-
Employer
38 833
-
155 555
-
social contributions
9 222
-
36 943
-
total
9 222
-
36 943
-
Corporate
144 445
192 500
-
-
income
30 334
40 426
-
-
surtax
-
-
-
-
total
30 334
40 426
-
-
Dividends
114 111
152 074
-
-
withholding
31 952
42 581
-
-
total
31 952
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 368
83 007
105 043
90 450
After tax
109 132
109 493
87 457
102 050
Living cost
26 974
26 974
26 974
26 974
Free-cash
82 158
82 519
60 483
75 076

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
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.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92952
₽68488
₽72686
₽86406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
835
income
-
-
-
56 830
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
84 651
Employee
48 322
-
162 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
53 395
-
total
13 159
-
59 284
-
Employer
48 322
-
162 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
128 772
192 500
-
-
income

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

19 316
28 876
-
-
total
19 316
28 876
-
-
Dividends
109 457
163 624
-
-
withholding
23 049
35 508
-
-
total
23 049
35 508
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 930
64 384
88 849
84 651
After tax
121 570
128 116
103 651
107 849
Living cost
35 164
35 164
35 164
35 164
Free-cash
86 406
92 952
68 488
72 686

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147383
₽144816
₽137091
₽141286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
38 204
Employee
22 782
-
185 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
18 565
-
health
1 048
-
1 607
-
total
5 577
-
23 624
-
Employer
22 782
-
185 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
165 248
192 500
-
-
income
16 525
19 250
-
-
total
16 525
19 250
-
-
Dividends
148 723
173 250
-
-
withholding
7 437
8 662
-
-
total
7 437
8 662
-
-
Income
192 500
192 500
192 500
192 500
Total tax
34 009
27 912
30 479
38 204
After tax
158 491
164 588
162 021
154 296
Living cost
17 205
17 205
17 205
17 205
Free-cash
141 286
147 383
144 816
137 091

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60415
₽82359
₽61410
₽73505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income

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

-
-
-
61 306
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.

-
-
-
3 372
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.

-
-
-
6 835
trade
-
-
-
20 949
total
-
-
-
92 462
Employee

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

49 783
-
192 500
-
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.

226
-
3 372
-
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.

4 094
-
61 306
-
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.

6 835
-
6 835
-
total
11 155
-
71 513
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 717
192 500
-
-
income
21 408
28 876
-
-
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.

1 177
1 587
-
-
chamber of commerce
361
435
-
-
trade
20 480
27 624
-
-
total
43 426
58 522
-
-
Dividends
99 291
133 978
-
-
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.

1 344
1 821
-
-
withholding
24 442
33 114
-
-
total
25 786
34 935
-
-
Income
192 500
192 500
192 500
192 500
Total tax
80 367
93 457
71 513
92 462
After tax
112 133
99 043
120 987
100 038
Living cost
38 628
38 628
38 628
38 628
Free-cash
73 505
60 415
82 359
61 410

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77756
₽42549
₽42549
₽79963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
60 463
social contributions
-
-
-
32 493
total
-
-
-
92 956
Employee
78 265
-
192 500
-
income
14 768
-
60 463
-
social contributions
6 502
-
32 493
-
total
21 270
-
92 956
-
Employer
78 265
-
192 500
-
total
-
-
-
-
Corporate
114 235
192 500
-
-
income
14 280
24 062
-
-
total
14 280
24 062
-
-
Dividends
99 955
168 438
-
-
withholding
19 992
33 687
-
-
total
19 992
33 687
-
-
Income
192 500
192 500
192 500
192 500
Total tax
55 542
57 749
92 956
92 956
After tax
136 958
134 751
99 544
99 544
Living cost
56 995
56 995
56 995
56 995
Free-cash
79 963
77 756
42 549
42 549

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83520
₽99559
₽121285
₽87015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
28 876
health

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

-
-
-
6 019
total
-
-
-
34 895
Employee
45 899
-
187 898
-
income
4 980
-
47 417
-
social contributions
4 599
-
4 602
-
total
9 579
-
52 019
-
Employer
45 899
-
187 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
142 002
192 500
-
-
income
49 701
67 374
-
-
total
49 701
67 374
-
-
Dividends
92 301
125 126
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 165
72 660
56 621
34 895
After tax
123 335
119 840
135 879
157 605
Living cost
36 320
36 320
36 320
36 320
Free-cash
87 015
83 520
99 559
121 285

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87249
₽72152
₽89477
₽93122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 906
pensions
-
-
-
9 279
total
-
-
-
66 185
Employee
50 566
-
167 996
-
pensions
3 859
-
11 284
-
income
9 208
-
45 356
-
health
660
-
2 366
-
total
13 727
-
59 006
-
Employer
50 566
-
167 996
-
health
961
-
3 191
-
pensions
5 109
-
21 313
-
total
6 070
-
24 504
-
Corporate
135 864
192 500
-
-
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.

25 815
36 576
-
-
total
25 815
36 576
-
-
Dividends
110 050
155 924
-
-
withholding
16 928
31 837
-
-
total
16 928
31 837
-
-
Income
192 500
192 500
192 500
192 500
Total tax
62 540
68 413
83 510
66 185
After tax
129 960
124 087
108 990
126 315
Living cost
36 838
36 838
36 838
36 838
Free-cash
93 122
87 249
72 152
89 477

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8556
₽80902
₽107394
₽11890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
256
income
-
-
-
53 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
60 957
Employee
37 987
-
174 156
-
pensions
4 277
-
7 734
-
income
5 211
-
41 429
-
health
4 349
-
19 941
-
total
13 837
-
69 104
-
Employer
37 987
-
174 156
-
pensions
6 176
-
11 169
-
accident
634
-
2 909
-
unemployment
931
-
4 267
-
total
7 741
-
18 345
-
Corporate
146 772
192 500
-
-
income

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

132 095
173 250
-
-
total
132 095
173 250
-
-
Dividends
14 677
19 250
-
-
withholding
2 788
3 657
-
-
total
2 788
3 657
-
-
Income
192 500
192 500
192 500
192 500
Total tax
156 461
176 907
87 449
60 957
After tax
36 039
15 593
105 051
131 543
Living cost
24 149
24 149
24 149
24 149
Free-cash
11 890
-8 556
80 902
107 394

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133749
₽125001
₽103000
₽143794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
192 500
income
-
-
-
31 985
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
75 986
Employee

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

21 623
-
192 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
31 985
-
total
8 108
-
53 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 877
192 500
-
-
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%.

1 709
19 250
-
-
total
1 709
19 250
-
-
Dividends
169 168
173 250
-
-
withholding
25 375
25 987
-
-
total
25 375
25 987
-
-
Income
192 500
192 500
192 500
192 500
Total tax
35 192
45 237
53 985
75 986
After tax
157 308
147 263
138 515
116 514
Living cost
13 514
13 514
13 514
13 514
Free-cash
143 794
133 749
125 001
103 000

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61536
₽40461
₽48898
₽56986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
49 511
regional
-
-
-
4 427
municipal
-
-
-
1 287
national
-
-
-
48 518
total
-
-
-
103 743
Employee
84 312
-
192 500
-
municipal
503
-
1 149
-
national
14 248
-
42 191
-
regional
1 273
-
3 929
-
social contributions
28 430
-
64 911
-
total
44 454
-
112 180
-
Employer
84 312
-
192 500
-
total
-
-
-
-
Corporate
108 188
192 500
-
-
municipal
5 214
9 279
-
-
nationa
25 965
46 200
-
-
total
31 179
55 479
-
-
Dividends
77 009
137 021
-
-
withholding
20 022
35 626
-
-
total
20 022
35 626
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 655
91 105
112 180
103 743
After tax
96 845
101 395
80 320
88 757
Living cost
39 859
39 859
39 859
39 859
Free-cash
56 986
61 536
40 461
48 898

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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