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
₽91495
₽68237
₽68142
₽78758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 499
income

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

-
-
-
62 270
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.

-
-
-
3 424
trade
-
-
-
23 353
total
-
-
-
95 546
Employee

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

36 383
-
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.

56
-
3 424
-
income

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

1 016
-
62 270
-
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.

6 499
-
6 499
-
total
7 571
-
72 193
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 117
192 500
-
-
chamber of commerce
368
421
-
-
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.

1 289
1 589
-
-
trade
24 588
30 319
-
-
income
23 418
28 875
-
-
total
49 663
61 204
-
-
Dividends
106 454
131 296
-
-
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.

1 444
1 785
-
-
withholding
26 252
32 462
-
-
total
27 696
34 247
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 930
95 451
72 193
95 546
After tax
107 570
97 049
120 307
96 954
Living cost
28 812
28 812
28 812
28 812
Free-cash
78 758
68 237
91 495
68 142

Estimated living cost  is ₽28812 per week

₽18124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62649
₽69864
₽61616
₽69029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 100
national
-
-
-
34 244
municipal
-
-
-
21 215
total
-
-
-
80 628
Employee
77 906
-
166 415
-
municipal
9 623
-
21 960
-
national
14 911
-
35 876
-
pensions
3 116
-
6 657
-
total
27 650
-
64 493
-
Employer
77 906
-
166 415
-
pensions
6 233
-
13 313
-
social contributions
837
-
1 789
-
total
7 070
-
15 102
-
Corporate
102 382
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%.

20 476
38 500
-
-
total
20 476
38 500
-
-
Dividends
81 905
154 000
-
-
withholding
18 019
33 880
-
-
total
18 019
33 880
-
-
Income
192 500
192 500
192 500
192 500
Total tax
73 215
72 380
79 595
80 628
After tax
119 285
120 120
112 905
111 872
Living cost
50 256
50 256
50 256
50 256
Free-cash
69 029
69 864
62 649
61 616

Estimated living cost  is ₽50256 per week

₽34159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62773
₽134210
₽48782
₽126408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 446
income
-
-
-
38 395
surtax
-
-
-
49 087
microenterprise
-
-
-
-
total
-
-
-
123 928
Employee
27 796
-
148 819
-
surtax
-
-
21 579
-
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.

3 058
-
12 470
-
income
4 948
-
32 207
-
total
8 006
-
66 256
-
Employer
27 796
-
148 819
-
surtax
-
-
16 371
-
social contributions

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

6 695
-
27 310
-
total
6 695
-
43 681
-
Corporate
158 009
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%.

31 601
38 500
-
-
total
31 601
38 500
-
-
Dividends

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

126 408
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
46 302
38 500
109 937
123 928
After tax
146 198
154 000
82 563
68 572
Living cost
19 790
19 790
19 790
19 790
Free-cash
126 408
134 210
62 773
48 782

Estimated living cost  is ₽19790 per week

₽12625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83126
₽55829
₽64692
₽50001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 730
income
-
-
-
65 084
pensions
-
-
-
11 145
total
-
-
-
87 959
Employee
81 232
81 232
174 822
-
income

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

13 296
13 296
28 972
-
pensions
14 622
11 145
11 145
-
health
12 468
10 605
11 730
-
total
40 386
35 046
51 847
-
Employer
81 232
81 232
174 822
-
unemployment
2 924
2 924
3 634
-
health
5 647
5 647
7 017
-
pensions
5 654
5 654
7 027
-
total
14 225
14 225
17 678
-
Corporate
98 040
97 044
-
-
income
19 608
19 409
-
-
total
19 608
19 409
-
-
Dividends
78 433
77 635
-
-
income
16 667
16 497
-
-
withholding
11 764
11 645
-
-
total
28 431
28 142
-
-
Income
192 500
192 500
192 500
192 500
Total tax
102 650
96 822
69 525
87 959
After tax
89 850
95 678
122 975
104 541
Living cost
39 849
39 849
39 849
39 849
Free-cash
50 001
55 829
83 126
64 692

Estimated living cost  is ₽39849 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57389
₽65762
₽58344
₽64879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 020
health
-
-
-
5 380
accident
-
-
-
172
pensions
-
-
-
9 321
national
-
-
-
19 879
unemployment
-
-
-
86
municipal
-
-
-
49 955
total
-
-
-
94 813
Employee
56 061
-
165 408
-
municipal
16 717
-
49 325
-
national
-
-
19 351
-
total
16 717
-
68 676
-
Employer
56 061
-
165 408
-
other
6 514
-
10 020
-
unemployment
1 480
-
2 276
-
health
3 448
-
5 303
-
accident
112
-
172
-
pensions
6 060
-
9 321
-
total
17 614
-
27 092
-
Corporate
118 825
192 500
-
-
income
26 142
42 350
-
-
total
26 142
42 350
-
-
Dividends
92 684
150 150
-
-
withholding
27 805
45 045
-
-
total
27 805
45 045
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 278
87 395
95 768
94 813
After tax
104 222
105 105
96 732
97 687
Living cost
39 343
39 343
39 343
39 343
Free-cash
64 879
65 762
57 389
58 344

Estimated living cost  is ₽39343 per week

₽26075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82938
₽58689
₽58547
₽72055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
health

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

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

-
-
-
6 499
income

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

-
-
-
62 270
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.

-
-
-
3 424
trade
-
-
-
24 391
total
-
-
-
96 584
Employee

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

48 239
-
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.

227
-
3 424
-
income

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

4 145
-
62 270
-
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.

6 499
-
6 499
-
total
10 871
-
72 193
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 261
192 500
-
-
chamber of commerce
350
419
-
-
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.

1 190
1 589
-
-
trade
23 731
31 666
-
-
income
21 638
28 875
-
-
total
46 909
62 549
-
-
Dividends
97 352
129 952
-
-
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.

1 320
1 767
-
-
withholding
23 976
32 126
-
-
total
25 296
33 893
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 076
96 442
72 193
96 584
After tax
109 424
96 058
120 307
95 916
Living cost
37 369
37 369
37 369
37 369
Free-cash
72 055
58 689
82 938
58 547

Estimated living cost  is ₽37369 per week

₽24992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
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.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97846
₽109495
₽99472
₽105554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 391
health
-
-
-
4 908
income
-
-
-
41 876
total
-
-
-
62 175
Employee
73 146
73 146
180 963
-
social contributions
3 554
6 071
8 188
-
income
7 681
6 771
41 000
-
health
727
1 244
3 076
-
total
11 962
14 086
52 264
-
Employer
73 146
73 146
180 963
-
health
792
1 354
3 349
-
social contributions
3 554
6 071
8 188
-
total
4 346
7 425
11 537
-
Corporate
145 337
111 930
-
-
income
18 167
13 992
-
-
total
18 167
13 992
-
-
Dividends
127 170
97 938
-
-
withholding
21 618
16 649
-
-
total
21 618
16 649
-
-
Income
192 500
192 500
192 500
192 500
Total tax
56 093
52 152
63 801
62 175
After tax
136 407
140 348
128 699
130 325
Living cost
30 853
30 853
30 853
30 853
Free-cash
105 554
109 495
97 846
99 472

Estimated living cost  is ₽30853 per week

₽21091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94110
₽90604
₽115871
₽90968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 475
income
-
-
-
23 533
pensions
-
-
-
19 250
unemployment
-
-
-
2 887
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.

25 238
10 044
161 088
-
income
3 085
1 228
19 693
-
pensions
2 524
1 004
16 109
-
health
1 767
703
11 276
-
unemployment
379
151
2 416
-
total
7 755
3 086
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.

25 238
10 044
161 088
-
pensions
4 921
1 959
31 412
-
total
4 921
1 959
31 412
-
Corporate
162 340
180 497
-
-
income
14 611
16 245
-
-
total
14 611
16 245
-
-
Dividends
147 730
164 252
-
-
social contributions
28 692
31 914
-
-
withholding
28 069
31 208
-
-
total
56 761
63 122
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 048
84 412
80 906
59 145
After tax
108 452
108 088
111 594
133 355
Living cost
17 484
17 484
17 484
17 484
Free-cash
90 968
90 604
94 110
115 871

Estimated living cost  is ₽17484 per week

₽11931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87978
₽131024
₽80203
₽125116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
25 025
income
-
-
-
25 796
pensions
-
-
-
38 500
total
-
-
-
89 321
Employee
26 985
-
143 871
-
income
3 038
-
27 738
-
pensions
540
-
2 877
-
unemployment
431
-
2 302
-
total
4 009
-
32 917
-
Employer
26 985
-
143 871
-
unemployment
217
-
1 152
-
health
3 507
-
18 703
-
pensions
5 397
-
28 774
-
total
9 121
-
48 629
-
Corporate
156 393
192 500
-
-
income
31 278
38 500
-
-
total
31 278
38 500
-
-
Dividends
125 116
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
44 408
38 500
81 546
89 321
After tax
148 092
154 000
110 954
103 179
Living cost
22 976
22 976
22 976
22 976
Free-cash
125 116
131 024
87 978
80 203

Estimated living cost  is ₽22976 per week

₽15759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84372
-₽5443
₽110473
₽12365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
54 334
pensions
-
-
-
3 978
total
-
-
-
60 992
Employee
33 090
-
174 766
-
income
4 540
-
42 052
-
pensions
3 726
-
7 295
-
health
3 789
-
20 011
-
total
12 055
-
69 358
-
Employer
33 090
-
174 766
-
unemployment
811
-
4 282
-
accident
552
-
2 919
-
pensions
5 381
-
10 534
-
total
6 744
-
17 735
-
Corporate
152 667
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.

137 400
173 250
-
-
total
137 400
173 250
-
-
Dividends
15 267
19 250
-
-
withholding
2 901
3 658
-
-
total
2 901
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 100
176 908
87 093
60 992
After tax
33 400
15 592
105 407
131 508
Living cost
21 035
21 035
21 035
21 035
Free-cash
12 365
-5 443
84 372
110 473

Estimated living cost  is ₽21035 per week

₽15417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146034
₽174909
₽182609
₽173416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 957
-
192 500
-
income
1 991
-
38 500
-
total
1 991
-
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%.

182 543
192 500
-
-
total
-
-
-
-
Dividends
182 543
192 500
-
-
withholding
9 127
9 625
-
-
total
9 127
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 118
9 625
38 500
1 925
After tax
181 382
182 875
154 000
190 575
Living cost
7 966
7 966
7 966
7 966
Free-cash
173 416
174 909
146 034
182 609

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85451
₽116083
₽87089
₽109658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 870
health
-
-
-
6 365
income
-
-
-
32 112
pensions

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

-
-
-
34 717
total
-
-
-
80 064
Employee
34 538
-
155 958
-
income
5 946
-
31 565
-
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.

2 417
-
10 125
-
health
484
-
2 025
-
unemployment
345
-
1 446
-
total
9 192
-
45 161
-
Employer
34 538
-
155 958
-
other
1 728
-
7 231
-
unemployment
345
-
1 446
-
health
484
-
2 025
-
accident
276
-
1 247
-
pensions

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

5 872
-
24 592
-
total
8 705
-
36 541
-
Corporate
149 257
192 500
-
-
income
31 345
40 425
-
-
total
31 345
40 425
-
-
Dividends
117 913
152 075
-
-
withholding
8 253
10 645
-
-
total
8 253
10 645
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 495
51 070
81 702
80 064
After tax
135 005
141 430
110 798
112 436
Living cost
25 347
25 347
25 347
25 347
Free-cash
109 658
116 083
85 451
87 089

Estimated living cost  is ₽25347 per week

₽17909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45224
₽60005
₽62504
₽67616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 784
pensions
-
-
-
9 021
total
-
-
-
66 805
Employee
89 407
-
167 918
-
income
16 116
-
46 264
-
health
1 473
-
2 333
-
pensions
8 625
-
10 906
-
total
26 214
-
59 503
-
Employer
89 407
-
167 918
-
health
1 698
-
3 190
-
pensions
10 556
-
21 392
-
total
12 254
-
24 582
-
Corporate
90 839
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.

17 259
36 576
-
-
total
17 259
36 576
-
-
Dividends
73 580
155 924
-
-
withholding
5 965
32 727
-
-
total
5 965
32 727
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 692
69 303
84 085
66 805
After tax
130 808
123 197
108 415
125 695
Living cost
63 192
63 192
63 192
63 192
Free-cash
67 616
60 005
45 224
62 504

Estimated living cost  is ₽63192 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽150229
₽152184
₽142400
₽147789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 800
income
-
-
-
28 875
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
37 697
Employee
16 423
-
186 017
-
income
1 642
-
18 602
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 442
-
2 901
-
health
755
-
1 520
-
total
4 020
-
23 386
-
Employer
16 423
-
186 017
-
unemployment
98
-
198
-
health
1 134
-
2 280
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 810
-
3 641
-
total
3 223
-
6 482
-
Corporate
172 855
192 500
-
-
income
17 286
19 250
-
-
total
17 286
19 250
-
-
Dividends
155 569
173 250
-
-
withholding
7 779
8 663
-
-
total
7 779
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
32 308
27 913
29 868
37 697
After tax
160 192
164 587
162 632
154 803
Living cost
12 403
12 403
12 403
12 403
Free-cash
147 789
152 184
150 229
142 400

Estimated living cost  is ₽12403 per week

₽7241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70228
₽42931
₽51794
₽45323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 730
income
-
-
-
65 084
pensions
-
-
-
11 145
total
-
-
-
87 959
Employee
88 192
81 232
174 822
-
income

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

13 296
13 296
28 972
-
pensions
11 145
11 145
11 145
-
health
11 002
10 605
11 730
-
total
35 443
35 046
51 847
-
Employer
88 192
81 232
174 822
-
unemployment
3 175
2 924
3 634
-
health
6 128
5 647
7 017
-
pensions
6 138
5 654
7 027
-
total
15 441
14 225
17 678
-
Corporate
88 867
97 044
-
-
income
17 774
19 409
-
-
total
17 774
19 409
-
-
Dividends
71 094
77 635
-
-
income
15 107
16 497
-
-
withholding
10 665
11 645
-
-
total
25 772
28 142
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 430
96 822
69 525
87 959
After tax
98 070
95 678
122 975
104 541
Living cost
52 747
52 747
52 747
52 747
Free-cash
45 323
42 931
70 228
51 794

Estimated living cost  is ₽52747 per week

₽38910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80057
₽109088
₽88203
₽100723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 741
health
-
-
-
25 987
income
-
-
-
19 916
solidarity contribution
-
-
-
1 205
total
-
-
-
80 849
Employee
34 482
-
150 103
-
social contributions
2 241
-
7 511
-
solidarity contribution
-
-
474
-
income
4 138
-
18 349
-
health
4 655
-
20 264
-
total
11 034
-
46 598
-
Employer
34 482
-
150 103
-
health
3 103
-
13 509
-
social contributions
8 621
-
28 888
-
total
11 724
-
42 397
-
Corporate
146 294
192 500
-
-
income
27 796
36 575
-
-
total
27 796
36 575
-
-
Dividends
118 498
155 925
-
-
withholding
17 775
23 389
-
-
total
17 775
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 329
59 964
88 995
80 849
After tax
124 171
132 536
103 505
111 651
Living cost
23 448
23 448
23 448
23 448
Free-cash
100 723
109 088
80 057
88 203

Estimated living cost  is ₽23448 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
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.
₽5032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43115
₽62567
₽51286
₽57600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 609
national
-
-
-
49 974
regional
-
-
-
2 333
municipal
-
-
-
1 159
total
-
-
-
101 075
Employee
84 540
-
192 500
-
social contributions
28 507
-
62 417
-
municipal
448
-
1 040
-
national
14 649
-
43 714
-
regional
798
-
2 075
-
total
44 402
-
109 246
-
Employer
84 540
-
192 500
-
total
-
-
-
-
Corporate
107 960
192 500
-
-
nationa
25 911
46 199
-
-
municipal
4 210
7 508
-
-
total
30 121
53 707
-
-
Dividends
77 839
138 793
-
-
withholding
20 238
36 087
-
-
total
20 238
36 087
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 761
89 794
109 246
101 075
After tax
97 739
102 706
83 254
91 425
Living cost
40 139
40 139
40 139
40 139
Free-cash
57 600
62 567
43 115
51 286

Estimated living cost  is ₽40139 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63959
₽100091
₽69775
₽97132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 013
income
-
-
-
57 687
pensions
-
-
-
25 391
surtax
-
-
-
9 426
unemployment
-
-
-
217
total
-
-
-
101 734
Employee
31 457
-
165 777
-
surtax
103
-
8 289
-
income
5 273
-
51 997
-
other
-
-
-
-
pensions
2 098
-
8 468
-
health
803
-
3 237
-
unemployment
2 190
-
8 836
-
total
10 467
-
80 827
-
Employer
31 457
-
165 777
-
other
-
-
-
-
unemployment
996
-
4 024
-
health
1 431
-
5 776
-
pensions
4 193
-
16 923
-
total
6 620
-
26 723
-
Corporate
154 422
192 500
-
-
income
40 150
50 050
-
-
total
40 150
50 050
-
-
Dividends
114 272
142 450
-
-
withholding
17 140
21 368
-
-
total
17 140
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 377
71 418
107 550
101 734
After tax
118 123
121 082
84 950
90 766
Living cost
20 991
20 991
20 991
20 991
Free-cash
97 132
100 091
63 959
69 775

Estimated living cost  is ₽20991 per week

₽12835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65244
₽80026
₽82524
₽86267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 784
pensions
-
-
-
9 021
total
-
-
-
66 805
Employee
59 918
-
167 918
-
income
10 791
-
46 264
-
health
870
-
2 333
-
pensions
5 086
-
10 906
-
total
16 747
-
59 503
-
Employer
59 918
-
167 918
-
health
1 138
-
3 190
-
pensions
6 486
-
21 392
-
total
7 624
-
24 582
-
Corporate
124 958
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.

23 743
36 576
-
-
total
23 743
36 576
-
-
Dividends
101 215
155 924
-
-
withholding
14 948
32 727
-
-
total
14 948
32 727
-
-
Income
192 500
192 500
192 500
192 500
Total tax
63 062
69 303
84 085
66 805
After tax
129 438
123 197
108 415
125 695
Living cost
43 171
43 171
43 171
43 171
Free-cash
86 267
80 026
65 244
82 524

Estimated living cost  is ₽43171 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69673
₽11505
₽77999
₽44249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 850
health
-
-
-
432
pensions
-
-
-
17 710
city
-
-
-
2 028
national
-
-
-
3 930
regional
-
-
-
10 031
total
-
-
-
37 981
Employee
89 549
-
172 497
-
national
424
-
2 969
-
city
961
-
1 855
-
pensions
7 523
-
14 270
-
health
202
-
387
-
regional
2 932
-
8 720
-
unemployment
-
-
-
-
total
12 042
-
28 201
-
Employer
89 549
-
172 497
-
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.

1 790
-
3 449
-
unemployment
-
-
-
-
health
202
-
387
-
pensions
7 523
-
14 270
-
total
9 515
-
18 106
-
Corporate
92 451
192 500
-
-
regional
19 553
40 714
-
-
national
7 857
16 363
-
-
total
27 410
57 077
-
-
Dividends
65 040
135 423
-
-
withholding
22 764
47 398
-
-
total
22 764
47 398
-
-
Income
192 500
192 500
192 500
192 500
Total tax
71 731
104 475
46 307
37 981
After tax
120 769
88 025
146 193
154 519
Living cost
76 520
76 520
76 520
76 520
Free-cash
44 249
11 505
69 673
77 999

Estimated living cost  is ₽76520 per week

₽49760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76730
₽51491
₽51301
₽66917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 499
income

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

-
-
-
62 270
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.

-
-
-
3 424
trade
-
-
-
25 429
total
-
-
-
97 622
Employee

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

57 168
-
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.

370
-
3 424
-
income

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

6 722
-
62 270
-
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.

6 499
-
6 499
-
total
13 591
-
72 193
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 332
192 500
-
-
chamber of commerce
336
415
-
-
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.

1 117
1 589
-
-
trade
23 209
33 014
-
-
income
20 301
28 875
-
-
total
44 963
63 893
-
-
Dividends
90 370
128 607
-
-
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.

1 222
1 749
-
-
withholding
22 230
31 790
-
-
total
23 452
33 539
-
-
Income
192 500
192 500
192 500
192 500
Total tax
82 006
97 432
72 193
97 622
After tax
110 494
95 068
120 307
94 878
Living cost
43 577
43 577
43 577
43 577
Free-cash
66 917
51 491
76 730
51 301

Estimated living cost  is ₽43577 per week

₽31827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70382
₽64473
₽74657
₽70096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 968
social contributions
-
-
-
5 486
health
-
-
-
8 917
income
-
-
-
32 979
pensions
-
-
-
31 948
surtax
-
-
-
-
total
-
-
-
85 298
Employee
40 711
-
147 772
-
surtax
-
-
-
-
social contributions
1 161
-
4 210
-
income
2 403
-
29 858
-
pensions
4 603
-
10 777
-
total
8 167
-
44 845
-
Employer
40 711
-
147 772
-
other
1 404
-
5 979
-
unemployment
1 648
-
5 984
-
health
2 850
-
14 267
-
pensions
6 688
-
18 054
-
social contributions
123
-
444
-
total
12 713
-
44 728
-
Corporate
139 075
192 500
-
-
surtax
-
-
-
-
income
38 941
53 900
-
-
total
38 941
53 900
-
-
Dividends
100 134
138 600
-
-
social contributions
17 221
23 841
-
-
surtax
-
-
-
-
withholding
12 817
17 741
-
-
total
30 038
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 859
95 482
89 573
85 298
After tax
102 641
97 018
102 927
107 202
Living cost
32 545
32 545
32 545
32 545
Free-cash
70 096
64 473
70 382
74 657

Estimated living cost  is ₽32545 per week

₽20521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73606
₽67698
₽77881
₽72985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 968
social contributions
-
-
-
5 486
health
-
-
-
8 917
income
-
-
-
32 979
pensions
-
-
-
31 948
surtax
-
-
-
-
total
-
-
-
85 298
Employee
36 341
-
147 772
-
surtax
-
-
-
-
social contributions
1 036
-
4 210
-
income
1 874
-
29 858
-
pensions
4 110
-
10 777
-
total
7 020
-
44 845
-
Employer
36 341
-
147 772
-
other
1 255
-
5 979
-
unemployment
1 471
-
5 984
-
health
2 543
-
14 267
-
pensions
5 971
-
18 054
-
social contributions
108
-
444
-
total
11 348
-
44 728
-
Corporate
144 810
192 500
-
-
surtax
-
-
-
-
income
40 547
53 900
-
-
total
40 547
53 900
-
-
Dividends
104 263
138 600
-
-
social contributions
17 934
23 841
-
-
surtax
-
-
-
-
withholding
13 345
17 741
-
-
total
31 279
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
90 194
95 482
89 573
85 298
After tax
102 306
97 018
102 927
107 202
Living cost
29 320
29 320
29 320
29 320
Free-cash
72 985
67 698
73 606
77 881

Estimated living cost  is ₽29320 per week

₽17005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
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.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98750
₽97273
₽103453
₽97766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 565
health
-
-
-
13 436
income
-
-
-
28 875
total
-
-
-
68 876
Employee
32 253
-
192 500
-
social contributions
4 452
-
26 565
-
income
5 379
-
33 578
-
health
2 251
-
13 436
-
total
12 082
-
73 579
-
Employer
32 253
-
192 500
-
total
-
-
-
-
Corporate
160 247
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%.

8 013
9 625
-
-
total
8 013
9 625
-
-
Dividends
152 234
182 875
-
-
social contributions
21 008
25 236
-
-
withholding
22 835
27 431
-
-
health
10 625
12 764
-
-
total
54 468
65 431
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 563
75 056
73 579
68 876
After tax
117 937
117 444
118 921
123 624
Living cost
20 171
20 171
20 171
20 171
Free-cash
97 766
97 273
98 750
103 453

Estimated living cost  is ₽20171 per week

₽13499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17174
₽72754
₽65351
₽71283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 500
income
-
-
-
57 779
chamber of commerce
-
-
-
771
pensions
-
-
-
20 559
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
93 631
Employee
47 539
37 908
156 982
-
income
5 412
2 796
47 820
-
other
475
379
1 112
-
pensions
4 868
3 881
11 380
-
health
1 839
1 468
4 300
-
unemployment
1 426
1 137
3 334
-
total
14 020
9 661
67 946
-
Employer
47 539
37 908
156 982
-
other
2 258
1 800
7 067
-
unemployment
1 426
1 137
3 334
-
health
1 796
1 433
4 201
-
surtax
188
188
188
-
accident
617
493
1 444
-
pensions
5 966
4 758
13 947
-
payroll
1 426
1 137
4 710
-
chamber of commerce
190
152
628
-
total
13 867
11 098
35 519
-
Corporate
131 094
143 494
153 372
-
income

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

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

32 774
35 874
38 343
-
total
32 774
35 874
38 343
-
Dividends
98 320
107 620
-
-
withholding
27 038
29 595
-
-
total
27 038
29 595
-
-
Income
192 500
192 500
192 500
192 500
Total tax
87 699
86 228
141 808
93 631
After tax
104 801
106 272
50 692
98 869
Living cost
33 518
33 518
33 518
33 518
Free-cash
71 283
72 754
17 174
65 351

Estimated living cost  is ₽33518 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31696
₽72155
₽48934
₽58657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 716
communal

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

-
-
-
10 127
national
-
-
-
75 040
total
-
-
-
108 883
Employee

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

68 043
-
149 097
-
national
20 919
-
55 452
-
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.

5 103
-
11 183
-
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.

3 197
-
7 008
-
communal

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

3 549
-
7 777
-
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.

592
-
1 298
-
total
33 360
-
82 718
-
Employer

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

68 043
-
149 097
-
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.

993
-
2 177
-
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.

4 184
-
9 170
-
surtax
7 715
-
16 907
-
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.

885
-
1 939
-
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.

6 029
-
13 210
-
total
19 806
-
43 403
-
Corporate
104 651
192 500
-
-
surtax
419
791
-
-
income
20 931
39 578
-
-
total
21 350
40 369
-
-
Dividends
83 302
152 131
-
-
withholding

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

24 644
45 293
-
-
total
24 644
45 293
-
-
Income
192 500
192 500
192 500
192 500
Total tax
99 160
85 662
126 121
108 883
After tax
93 340
106 838
66 379
83 617
Living cost
34 683
34 683
34 683
34 683
Free-cash
58 657
72 155
31 696
48 934

Estimated living cost  is ₽34683 per week

₽22341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽69406
₽93660
₽73399
₽87143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
58 298
pensions
-
-
-
24 951
unemployment
-
-
-
617
total
-
-
-
84 748
Employee
47 350
-
164 392
-
income
9 991
-
55 033
-
other
47
-
88
-
pensions
2 226
-
4 145
-
unemployment
735
-
1 366
-
total
12 999
-
60 632
-
Employer
47 350
-
164 392
-
other
377
-
706
-
unemployment
2 605
-
4 849
-
accident
937
-
1 746
-
pensions
11 174
-
20 808
-
total
15 093
-
28 109
-
Corporate
130 057
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.

19 508
28 875
-
-
total
19 508
28 875
-
-
Dividends
110 549
163 625
-
-
withholding
23 404
35 612
-
-
total
23 404
35 612
-
-
Income
192 500
192 500
192 500
192 500
Total tax
71 004
64 487
88 741
84 748
After tax
121 496
128 013
103 759
107 752
Living cost
34 353
34 353
34 353
34 353
Free-cash
87 143
93 660
69 406
73 399

Estimated living cost  is ₽34353 per week

₽25297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48360
₽58989
₽40685
₽46121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 524
accident
-
-
-
1 623
income
-
-
-
34 409
pensions
-
-
-
28 854
communal
-
-
-
12 167
surtax
-
-
-
9 544
total
-
-
-
100 121
Employee
72 036
-
171 952
-
surtax
4 415
-
10 538
-
income
6 958
-
39 951
-
pensions
5 762
-
13 757
-
health
3 206
-
7 652
-
total
20 341
-
71 898
-
Employer
72 036
-
171 952
-
health
2 197
-
5 244
-
accident
648
-
1 547
-
pensions
5 762
-
13 757
-
total
8 607
-
20 548
-
Corporate
111 857
192 500
-
-
surtax
1 175
2 022
-
-
income
16 779
28 875
-
-
communal
7 551
12 993
-
-
total
25 505
43 890
-
-
Dividends
86 352
148 610
-
-
income
27 280
15 635
-
-
withholding
12 952
22 292
-
-
total
40 232
37 927
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 685
81 817
92 446
100 121
After tax
97 815
110 683
100 054
92 379
Living cost
51 694
51 694
51 694
51 694
Free-cash
46 121
58 989
48 360
40 685

Estimated living cost  is ₽51694 per week

₽38778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63584
₽99716
₽69400
₽96692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 013
income
-
-
-
57 687
pensions
-
-
-
25 391
surtax
-
-
-
9 426
unemployment
-
-
-
217
total
-
-
-
101 734
Employee
32 034
-
165 777
-
surtax
114
-
8 289
-
income
5 370
-
51 997
-
other
-
-
-
-
pensions
2 137
-
8 468
-
health
818
-
3 237
-
unemployment
2 229
-
8 836
-
total
10 668
-
80 827
-
Employer
32 034
-
165 777
-
other
-
-
-
-
unemployment
1 016
-
4 024
-
health
1 457
-
5 776
-
pensions
4 271
-
16 923
-
total
6 744
-
26 723
-
Corporate
153 722
192 500
-
-
income
39 968
50 050
-
-
total
39 968
50 050
-
-
Dividends
113 754
142 450
-
-
withholding
17 062
21 368
-
-
total
17 062
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 442
71 418
107 550
101 734
After tax
118 058
121 082
84 950
90 766
Living cost
21 366
21 366
21 366
21 366
Free-cash
96 692
99 716
63 584
69 400

Estimated living cost  is ₽21366 per week

₽12900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
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.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57065
₽75559
₽65193
₽73447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 609
national
-
-
-
49 974
regional
-
-
-
2 941
municipal
-
-
-
1 159
total
-
-
-
101 683
Employee
52 766
-
192 500
-
social contributions
17 793
-
62 417
-
municipal
280
-
1 040
-
national
8 360
-
43 714
-
regional
710
-
2 640
-
total
27 143
-
109 811
-
Employer
52 766
-
192 500
-
total
-
-
-
-
Corporate
139 734
192 500
-
-
nationa
33 536
46 199
-
-
municipal
6 944
9 567
-
-
total
40 480
55 766
-
-
Dividends
99 253
136 733
-
-
withholding
25 806
35 551
-
-
total
25 806
35 551
-
-
Income
192 500
192 500
192 500
192 500
Total tax
93 429
91 317
109 811
101 683
After tax
99 071
101 183
82 689
90 817
Living cost
25 624
25 624
25 624
25 624
Free-cash
73 447
75 559
57 065
65 193

Estimated living cost  is ₽25624 per week

₽15936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74611
₽103642
₽82757
₽93334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 741
health
-
-
-
25 987
income
-
-
-
19 916
solidarity contribution
-
-
-
1 205
total
-
-
-
80 849
Employee
42 491
-
150 103
-
social contributions
2 762
-
7 511
-
solidarity contribution
-
-
474
-
income
5 099
-
18 349
-
health
5 736
-
20 264
-
total
13 597
-
46 598
-
Employer
42 491
-
150 103
-
health
3 824
-
13 509
-
social contributions
10 623
-
28 888
-
total
14 447
-
42 397
-
Corporate
135 562
192 500
-
-
income
25 757
36 575
-
-
total
25 757
36 575
-
-
Dividends
109 805
155 925
-
-
withholding
16 471
23 389
-
-
total
16 471
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 272
59 964
88 995
80 849
After tax
122 228
132 536
103 505
111 651
Living cost
28 894
28 894
28 894
28 894
Free-cash
93 334
103 642
74 611
82 757

Estimated living cost  is ₽28894 per week

₽21488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20392
₽76027
₽68709
₽75557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 500
income
-
-
-
57 779
chamber of commerce
-
-
-
771
pensions
-
-
-
20 559
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
93 443
Employee
41 581
37 908
157 159
-
income
3 704
2 796
47 905
-
other
415
379
1 112
-
pensions
4 258
3 881
11 380
-
health
1 608
1 468
4 300
-
unemployment
1 247
1 137
3 334
-
total
11 232
9 661
68 031
-
Employer
41 581
37 908
157 159
-
other
1 975
1 800
7 073
-
unemployment
1 247
1 137
3 334
-
health
1 572
1 433
4 201
-
surtax
-
-
-
-
accident
540
493
1 444
-
pensions
5 219
4 758
13 947
-
payroll
1 247
1 137
4 715
-
chamber of commerce
166
152
628
-
total
11 966
10 910
35 342
-
Corporate
138 952
143 682
153 548
-
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.

34 738
35 921
38 387
-
total
34 738
35 921
38 387
-
Dividends
104 214
107 761
-
-
withholding
28 659
29 633
-
-
total
28 659
29 633
-
-
Income
192 500
192 500
192 500
192 500
Total tax
86 595
86 125
141 760
93 443
After tax
105 905
106 375
50 740
99 057
Living cost
30 348
30 348
30 348
30 348
Free-cash
75 557
76 027
20 392
68 709

Estimated living cost  is ₽30348 per week

₽18205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141587
₽170462
₽178162
₽168134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 517
-
192 500
-
income
3 104
-
38 500
-
total
3 104
-
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%.

176 983
192 500
-
-
total
-
-
-
-
Dividends
176 983
192 500
-
-
withholding
8 849
9 625
-
-
total
8 849
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 953
9 625
38 500
1 925
After tax
180 547
182 875
154 000
190 575
Living cost
12 413
12 413
12 413
12 413
Free-cash
168 134
170 462
141 587
178 162

Estimated living cost  is ₽12413 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61946
₽107023
₽66127
₽99064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
18 941
income
-
-
-
46 474
pensions
-
-
-
35 155
unemployment
-
-
-
289
total
-
-
-
100 859
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.

42 064
-
166 567
-
income
7 254
-
42 296
-
pensions
6 520
-
25 817
-
health
2 717
-
10 761
-
unemployment
60
-
233
-
total
16 551
-
79 107
-
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.

42 064
-
166 567
-
unemployment
25
-
99
-
health
2 802
-
11 093
-
pensions
3 722
-
14 741
-
total
6 549
-
25 933
-
Corporate
143 887
192 500
-
-
income
27 339
36 574
-
-
total
27 339
36 574
-
-
Dividends
116 548
155 926
-
-
withholding
17 483
23 389
-
-
total
17 483
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
67 922
59 963
105 040
100 859
After tax
124 578
132 537
87 460
91 641
Living cost
25 514
25 514
25 514
25 514
Free-cash
99 064
107 023
61 946
66 127

Estimated living cost  is ₽25514 per week

₽17510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136328
₽74069
₽89985
₽26615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 945
income
-
-
-
37 522
total
-
-
-
59 467
Employee
61 724
-
-
-
social contributions
5 061
-
721
-
income
13 615
-
-
-
total
18 676
-
721
-
Employer
61 724
-
-
-
social contributions
87 031
-
12 403
-
total
87 031
-
12 403
-
Corporate
43 745
192 500
-
-
income
9 624
42 350
-
-
total
9 624
42 350
-
-
Dividends
34 121
150 150
-
-
income
7 506
33 033
-
-
total
7 506
33 033
-
-
Income
192 500
192 500
192 500
192 500
Total tax
122 837
75 383
13 124
59 467
After tax
69 663
117 117
179 376
133 033
Living cost
43 048
43 048
43 048
43 048
Free-cash
26 615
74 069
136 328
89 985

Estimated living cost  is ₽43048 per week

₽27931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57061
₽79656
₽71656
₽78699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
66 893
income
-
-
-
24 114
surtax
-
-
-
-
total
-
-
-
91 007
Employee
43 749
-
155 556
-
surtax
-
-
-
-
social contributions
4 813
-
17 111
-
income
9 100
-
51 547
-
total
13 913
-
68 658
-
Employer
43 749
-
155 556
-
social contributions
10 390
-
36 944
-
total
10 390
-
36 944
-
Corporate
138 360
192 500
-
-
surtax
-
-
-
-
income
29 056
40 425
-
-
total
29 056
40 425
-
-
Dividends
109 304
152 075
-
-
withholding
30 605
42 582
-
-
total
30 605
42 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 964
83 007
105 602
91 007
After tax
108 536
109 493
86 898
101 493
Living cost
29 837
29 837
29 837
29 837
Free-cash
78 699
79 656
57 061
71 656

Estimated living cost  is ₽29837 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56984
₽51075
₽61259
₽57614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 968
social contributions
-
-
-
5 486
health
-
-
-
8 917
income
-
-
-
32 979
pensions
-
-
-
31 948
surtax
-
-
-
-
total
-
-
-
85 298
Employee
59 578
-
147 772
-
surtax
-
-
-
-
social contributions
1 697
-
4 210
-
income
5 198
-
29 858
-
pensions
6 739
-
10 777
-
total
13 634
-
44 845
-
Employer
59 578
-
147 772
-
other
2 056
-
5 979
-
unemployment
2 413
-
5 984
-
health
4 170
-
14 267
-
pensions
9 789
-
18 054
-
social contributions
179
-
444
-
total
18 607
-
44 728
-
Corporate
114 315
192 500
-
-
surtax
-
-
-
-
income
32 009
53 900
-
-
total
32 009
53 900
-
-
Dividends
82 306
138 600
-
-
social contributions
14 158
23 841
-
-
surtax
-
-
-
-
withholding
10 535
17 741
-
-
total
24 693
41 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 943
95 482
89 573
85 298
After tax
103 557
97 018
102 927
107 202
Living cost
45 943
45 943
45 943
45 943
Free-cash
57 614
51 075
56 984
61 259

Estimated living cost  is ₽45943 per week

₽31094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117432
₽144656
₽112316
₽141462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 239
social contributions
-
-
-
42 351
total
-
-
-
51 590
Employee
30 581
-
166 666
-
income
-
-
9 807
-
social contributions
1 987
-
10 833
-
total
1 987
-
20 640
-
Employer
30 581
-
166 666
-
social contributions
4 740
-
25 834
-
total
4 740
-
25 834
-
Corporate
157 178
192 500
-
-
income
15 717
19 250
-
-
total
15 717
19 250
-
-
Dividends
141 461
173 250
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
22 444
19 250
46 474
51 590
After tax
170 056
173 250
146 026
140 910
Living cost
28 594
28 594
28 594
28 594
Free-cash
141 462
144 656
117 432
112 316

Estimated living cost  is ₽28594 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14416
-₽14416
₽66338
-₽14416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 334
pensions
-
-
-
823
national
-
-
-
23 420
municipal
-
-
-
40 848
total
-
-
-
80 425
Employee
193 045
193 045
193 045
-
labour market
15 422
15 422
15 422
-
municipal
41 108
41 108
41 108
-
national
23 584
23 584
23 584
-
pensions
274
274
274
-
total
80 388
80 388
80 388
-
Employer
193 045
193 045
193 045
-
national
23 625
23 625
23 625
-
labour market
15 444
15 444
15 444
-
pensions
549
549
549
-
municipal
41 173
41 173
41 173
-
total
80 791
80 791
80 791
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
161 179
161 179
161 179
80 425
After tax
31 321
31 321
31 321
112 075
Living cost
45 737
45 737
45 737
45 737
Free-cash
-14 416
-14 416
-14 416
66 338

Estimated living cost  is ₽45737 per week

₽31303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84682
-₽5133
₽110783
₽12414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
54 334
pensions
-
-
-
3 978
total
-
-
-
60 992
Employee
32 602
-
174 766
-
income
4 473
-
42 052
-
pensions
3 671
-
7 295
-
health
3 733
-
20 011
-
total
11 877
-
69 358
-
Employer
32 602
-
174 766
-
unemployment
799
-
4 282
-
accident
544
-
2 919
-
pensions
5 301
-
10 534
-
total
6 644
-
17 735
-
Corporate
153 254
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.

137 928
173 250
-
-
total
137 928
173 250
-
-
Dividends
15 326
19 250
-
-
withholding
2 912
3 658
-
-
total
2 912
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 361
176 908
87 093
60 992
After tax
33 139
15 592
105 407
131 508
Living cost
20 725
20 725
20 725
20 725
Free-cash
12 414
-5 133
84 682
110 783

Estimated living cost  is ₽20725 per week

₽15085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61965
₽82553
₽84016
₽85493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 567
national
-
-
-
35 208
municipal
-
-
-
34 188
total
-
-
-
71 963
Employee
50 047
-
161 941
-
municipal
8 197
-
26 368
-
national
827
-
21 630
-
pensions
3 377
-
10 930
-
health
374
-
2 098
-
unemployment
751
-
2 430
-
total
13 526
-
63 456
-
Employer
50 047
-
161 941
-
unemployment
325
-
1 052
-
health
384
-
1 247
-
accident
51
-
162
-
pensions
8 683
-
28 097
-
total
9 443
-
30 558
-
Corporate
133 011
192 500
-
-
income
26 602
38 500
-
-
total
26 602
38 500
-
-
Dividends

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

79 806
115 500
-
-
national
6 550
14 136
-
-
municipal
14 365
20 790
-
-
total
20 915
34 926
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 486
73 426
94 014
71 963
After tax
122 014
119 074
98 486
120 537
Living cost
36 521
36 521
36 521
36 521
Free-cash
85 493
82 553
61 965
84 016

Estimated living cost  is ₽36521 per week

₽23855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106675
₽118324
₽108301
₽113150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 391
health
-
-
-
4 908
income
-
-
-
41 876
total
-
-
-
62 175
Employee
73 146
73 146
180 963
-
social contributions
2 765
6 071
8 188
-
income
7 964
6 771
41 000
-
health
567
1 244
3 076
-
total
11 296
14 086
52 264
-
Employer
73 146
73 146
180 963
-
health
616
1 354
3 349
-
social contributions
2 765
6 071
8 188
-
total
3 381
7 425
11 537
-
Corporate
155 799
111 930
-
-
income
19 474
13 992
-
-
total
19 474
13 992
-
-
Dividends
136 325
97 938
-
-
withholding
23 175
16 649
-
-
total
23 175
16 649
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 326
52 152
63 801
62 175
After tax
135 174
140 348
128 699
130 325
Living cost
22 024
22 024
22 024
22 024
Free-cash
113 150
118 324
106 675
108 301

Estimated living cost  is ₽22024 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129005
₽144305
₽148085
₽139467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
19 792
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
29 312
Employee

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

21 834
-
183 203
-
income
1 493
-
17 434
-
pensions
3 275
-
13 539
-
health
1 856
-
7 672
-
unemployment
108
-
451
-
total
6 732
-
39 096
-
Employer

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

21 834
-
183 203
-
unemployment
108
-
451
-
health
939
-
3 881
-
pensions
1 200
-
4 964
-
total
2 247
-
9 296
-
Corporate
168 418
192 500
-
-
income
15 158
17 326
-
-
total
15 158
17 326
-
-
Dividends
153 261
175 174
-
-
withholding
13 793
15 766
-
-
total
13 793
15 766
-
-
Income
192 500
192 500
192 500
192 500
Total tax
37 930
33 092
48 392
29 312
After tax
154 570
159 408
144 108
163 188
Living cost
15 103
15 103
15 103
15 103
Free-cash
139 467
144 305
129 005
148 085

Estimated living cost  is ₽15103 per week

₽9636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77601
₽101855
₽81594
₽97655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
58 298
pensions
-
-
-
24 951
unemployment
-
-
-
617
total
-
-
-
84 748
Employee
35 173
-
164 392
-
income
6 781
-
55 033
-
other
34
-
88
-
pensions
1 654
-
4 145
-
unemployment
545
-
1 366
-
total
9 014
-
60 632
-
Employer
35 173
-
164 392
-
other
282
-
706
-
unemployment
1 935
-
4 849
-
accident
697
-
1 746
-
pensions
8 300
-
20 808
-
total
11 214
-
28 109
-
Corporate
146 114
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.

21 916
28 875
-
-
total
21 916
28 875
-
-
Dividends
124 197
163 625
-
-
withholding
26 543
35 612
-
-
total
26 543
35 612
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 687
64 487
88 741
84 748
After tax
123 813
128 013
103 759
107 752
Living cost
26 158
26 158
26 158
26 158
Free-cash
97 655
101 855
77 601
81 594

Estimated living cost  is ₽26158 per week

₽17656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122194
₽118352
₽122318
₽118062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
935
income
-
-
-
66 189
pensions
-
-
-
1 290
total
-
-
-
68 414
Employee
2 693
-
191 049
-
income
521
-
66 121
-
pensions
242
-
580
-
health
135
-
322
-
unemployment
27
-
64
-
total
925
-
67 087
-
Employer
2 693
-
191 049
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
709
-
total
606
-
1 451
-
Corporate
189 201
192 500
-
-
income
41 624
42 350
-
-
total
41 624
42 350
-
-
Dividends
147 577
150 150
-
-
withholding
29 515
30 030
-
-
total
29 515
30 030
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 670
72 380
68 538
68 414
After tax
119 830
120 120
123 962
124 086
Living cost
1 768
1 768
1 768
1 768
Free-cash
118 062
118 352
122 194
122 318

Estimated living cost  is ₽1768 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105265
₽122605
₽105265
₽117920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 252
income
-
-
-
44 145
pensions
-
-
-
18 306
unemployment
-
-
-
1 056
total
-
-
-
70 759
Employee

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

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

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

24 845
-
179 897
-
income
3 425
-
44 145
-
pensions
3 478
-
9 857
-
health
1 279
-
3 626
-
unemployment
186
-
528
-
total
8 368
-
58 156
-
Employer

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

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

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

24 845
-
179 897
-
unemployment
186
-
528
-
health
1 279
-
3 626
-
pensions
2 981
-
8 449
-
total
4 446
-
12 603
-
Corporate
163 208
192 500
-
-
income
24 481
28 875
-
-
total
24 481
28 875
-
-
Dividends
138 727
163 625
-
-
withholding
20 809
24 544
-
-
total
20 809
24 544
-
-
Income
192 500
192 500
192 500
192 500
Total tax
58 104
53 419
70 759
70 759
After tax
134 396
139 081
121 741
121 741
Living cost
16 476
16 476
16 476
16 476
Free-cash
117 920
122 605
105 265
105 265

Estimated living cost  is ₽16476 per week

₽11093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61253
₽83848
₽75848
₽83506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
66 893
income
-
-
-
24 114
surtax
-
-
-
-
total
-
-
-
91 007
Employee
36 920
-
155 556
-
surtax
-
-
-
-
social contributions
4 062
-
17 111
-
income
7 214
-
51 547
-
total
11 276
-
68 658
-
Employer
36 920
-
155 556
-
social contributions
8 768
-
36 944
-
total
8 768
-
36 944
-
Corporate
146 813
192 500
-
-
surtax
-
-
-
-
income
30 830
40 425
-
-
total
30 830
40 425
-
-
Dividends
115 983
152 075
-
-
withholding
32 475
42 582
-
-
total
32 475
42 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 349
83 007
105 602
91 007
After tax
109 151
109 493
86 898
101 493
Living cost
25 645
25 645
25 645
25 645
Free-cash
83 506
83 848
61 253
75 848

Estimated living cost  is ₽25645 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70328
₽94582
₽74321
₽88359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
58 298
pensions
-
-
-
24 951
unemployment
-
-
-
617
total
-
-
-
84 748
Employee
45 940
-
164 392
-
income
9 595
-
55 033
-
other
45
-
88
-
pensions
2 159
-
4 145
-
unemployment
711
-
1 366
-
total
12 510
-
60 632
-
Employer
45 940
-
164 392
-
other
368
-
706
-
unemployment
2 527
-
4 849
-
accident
910
-
1 746
-
pensions
10 842
-
20 808
-
total
14 647
-
28 109
-
Corporate
131 913
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.

19 786
28 875
-
-
total
19 786
28 875
-
-
Dividends
112 126
163 625
-
-
withholding
23 767
35 612
-
-
total
23 767
35 612
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 710
64 487
88 741
84 748
After tax
121 790
128 013
103 759
107 752
Living cost
33 431
33 431
33 431
33 431
Free-cash
88 359
94 582
70 328
74 321

Estimated living cost  is ₽33431 per week

₽24008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146359
₽148314
₽138530
₽142550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 800
income
-
-
-
28 875
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
37 697
Employee
21 548
-
186 017
-
income
2 155
-
18 602
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

1 892
-
2 901
-
health
991
-
1 520
-
total
5 275
-
23 386
-
Employer
21 548
-
186 017
-
unemployment
129
-
198
-
health
1 487
-
2 280
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 641
-
total
4 227
-
6 482
-
Corporate
166 725
192 500
-
-
income
16 673
19 250
-
-
total
16 673
19 250
-
-
Dividends
150 052
173 250
-
-
withholding
7 502
8 663
-
-
total
7 502
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
33 677
27 913
29 868
37 697
After tax
158 823
164 587
162 632
154 803
Living cost
16 273
16 273
16 273
16 273
Free-cash
142 550
148 314
146 359
138 530

Estimated living cost  is ₽16273 per week

₽10763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83582
₽62303
₽62305
₽74749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 499
income

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

-
-
-
62 270
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.

-
-
-
3 424
trade
-
-
-
21 277
total
-
-
-
93 470
Employee

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

47 330
-
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.

215
-
3 424
-
income

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

3 892
-
62 270
-
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.

6 499
-
6 499
-
total
10 606
-
72 193
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 170
192 500
-
-
chamber of commerce
357
426
-
-
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.

1 197
1 589
-
-
trade
20 831
27 624
-
-
income
21 776
28 875
-
-
total
44 161
58 514
-
-
Dividends
101 009
133 986
-
-
surtax

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

1 368
1 823
-
-
withholding
24 891
33 135
-
-
total
26 259
34 958
-
-
Income
192 500
192 500
192 500
192 500
Total tax
81 026
93 472
72 193
93 470
After tax
111 474
99 028
120 307
99 030
Living cost
36 725
36 725
36 725
36 725
Free-cash
74 749
62 303
83 582
62 305

Estimated living cost  is ₽36725 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44341
₽80562
₽44341
₽82663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 278
social contributions
-
-
-
32 694
total
-
-
-
93 972
Employee
74 408
-
192 500
-
income
14 040
-
61 278
-
social contributions
6 182
-
32 694
-
total
20 222
-
93 972
-
Employer
74 408
-
192 500
-
total
-
-
-
-
Corporate
118 092
192 500
-
-
income
14 761
24 063
-
-
total
14 761
24 063
-
-
Dividends
103 331
168 437
-
-
withholding
20 667
33 688
-
-
total
20 667
33 688
-
-
Income
192 500
192 500
192 500
192 500
Total tax
55 650
57 751
93 972
93 972
After tax
136 850
134 749
98 528
98 528
Living cost
54 187
54 187
54 187
54 187
Free-cash
82 663
80 562
44 341
44 341

Estimated living cost  is ₽54187 per week

₽41224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100818
₽85569
₽123192
₽88894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 875
health

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

-
-
-
5 903
total
-
-
-
34 778
Employee
43 637
-
188 124
-
income
4 735
-
48 400
-
social contributions
4 372
-
4 376
-
total
9 107
-
52 776
-
Employer
43 637
-
188 124
-
social contributions
4 372
-
4 376
-
total
4 372
-
4 376
-
Corporate
144 491
192 500
-
-
income
50 571
67 375
-
-
total
50 571
67 375
-
-
Dividends
93 920
125 125
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 076
72 401
57 152
34 778
After tax
123 424
120 099
135 348
157 722
Living cost
34 530
34 530
34 530
34 530
Free-cash
88 894
85 569
100 818
123 192

Estimated living cost  is ₽34530 per week

₽22745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73319
₽88101
₽90599
₽93697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 784
pensions
-
-
-
9 021
total
-
-
-
66 805
Employee
48 175
-
167 918
-
income
8 773
-
46 264
-
health
628
-
2 333
-
pensions
3 677
-
10 906
-
total
13 078
-
59 503
-
Employer
48 175
-
167 918
-
health
916
-
3 190
-
pensions
4 867
-
21 392
-
total
5 783
-
24 582
-
Corporate
138 542
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.

26 323
36 576
-
-
total
26 323
36 576
-
-
Dividends
112 219
155 924
-
-
withholding
18 523
32 727
-
-
total
18 523
32 727
-
-
Income
192 500
192 500
192 500
192 500
Total tax
63 707
69 303
84 085
66 805
After tax
128 793
123 197
108 415
125 695
Living cost
35 096
35 096
35 096
35 096
Free-cash
93 697
88 101
73 319
90 599

Estimated living cost  is ₽35096 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82630
-₽7185
₽108731
₽12100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
54 334
pensions
-
-
-
3 978
total
-
-
-
60 992
Employee
35 829
-
174 766
-
income
4 915
-
42 052
-
pensions
4 034
-
7 295
-
health
4 102
-
20 011
-
total
13 051
-
69 358
-
Employer
35 829
-
174 766
-
unemployment
878
-
4 282
-
accident
598
-
2 919
-
pensions
5 826
-
10 534
-
total
7 302
-
17 735
-
Corporate
149 369
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.

134 432
173 250
-
-
total
134 432
173 250
-
-
Dividends
14 937
19 250
-
-
withholding
2 838
3 658
-
-
total
2 838
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
157 623
176 908
87 093
60 992
After tax
34 877
15 592
105 407
131 508
Living cost
22 777
22 777
22 777
22 777
Free-cash
12 100
-7 185
82 630
108 731

Estimated living cost  is ₽22777 per week

₽16716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126560
₽134390
₽105604
₽144656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 111
health insurance
-
-
-
11 278
work injury
-
-
-
762
pensions
-
-
-
28 043
unemployment
-
-
-
1 829
total
-
-
-
74 023
Employee

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

20 597
-
192 500
-
income
2 060
-
32 111
-
work injury
103
-
381
-
health insurance
1 524
-
5 639
-
pensions
3 790
-
14 022
-
unemployment
247
-
914
-
total
7 724
-
53 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 903
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%.

1 719
19 250
-
-
total
1 719
19 250
-
-
Dividends
170 184
173 250
-
-
withholding
25 528
25 987
-
-
total
25 528
25 987
-
-
Income
192 500
192 500
192 500
192 500
Total tax
34 971
45 237
53 067
74 023
After tax
157 529
147 263
139 433
118 477
Living cost
12 873
12 873
12 873
12 873
Free-cash
144 656
134 390
126 560
105 604

Estimated living cost  is ₽12873 per week

₽7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43283
₽63502
₽51212
₽59173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 609
national
-
-
-
49 974
regional
-
-
-
4 507
municipal
-
-
-
1 303
total
-
-
-
103 393
Employee
80 157
-
192 500
-
social contributions
27 029
-
62 417
-
municipal
478
-
1 172
-
national
13 546
-
43 714
-
regional
1 210
-
4 019
-
total
42 263
-
111 322
-
Employer
80 157
-
192 500
-
total
-
-
-
-
Corporate
112 343
192 500
-
-
nationa
26 962
46 199
-
-
municipal
5 415
9 278
-
-
total
32 377
55 477
-
-
Dividends
79 966
137 022
-
-
withholding
20 792
35 626
-
-
total
20 792
35 626
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 432
91 103
111 322
103 393
After tax
97 068
101 397
81 178
89 107
Living cost
37 895
37 895
37 895
37 895
Free-cash
59 173
63 502
43 283
51 212

Estimated living cost  is ₽37895 per week

₽26619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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