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
₽78986
₽91691
₽68597
₽68251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
23 440
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.

-
-
-
62 505
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.

-
-
-
3 438
total
-
-
-
95 800
Employee

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

35 924
-
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.

6 417
-
6 417
-
income

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

1 003
-
62 505
-
surtax

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

55
-
3 438
-
total
7 475
-
72 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 576
192 500
-
-
income
23 486
28 875
-
-
chamber of commerce
367
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.

1 292
1 588
-
-
trade
24 661
30 318
-
-
total
49 806
61 200
-
-
Dividends
106 769
131 300
-
-
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.

1 449
1 786
-
-
withholding
26 335
32 468
-
-
total
27 784
34 254
-
-
Income
192 500
192 500
192 500
192 500
Total tax
85 065
95 454
72 360
95 800
After tax
107 435
97 046
120 140
96 700
Living cost
28 449
28 449
28 449
28 449
Free-cash
78 986
68 597
91 691
68 251

Estimated living cost  is ₽28449 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69903
₽63233
₽70725
₽62201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
2 069
municipal
-
-
-
21 236
pensions
-
-
-
23 100
national
-
-
-
34 499
total
-
-
-
80 904
Employee
76 572
-
166 415
-
pensions
3 063
-
6 657
-
municipal
9 458
-
21 981
-
national
14 656
-
36 132
-
total
27 177
-
64 770
-
Employer
76 572
-
166 415
-
pensions
6 126
-
13 313
-
social contributions
823
-
1 789
-
total
6 949
-
15 102
-
Corporate
103 926
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%.

20 785
38 500
-
-
total
20 785
38 500
-
-
Dividends
83 141
154 000
-
-
withholding
18 291
33 880
-
-
total
18 291
33 880
-
-
Income
192 500
192 500
192 500
192 500
Total tax
73 202
72 380
79 872
80 904
After tax
119 298
120 120
112 628
111 596
Living cost
49 395
49 395
49 395
49 395
Free-cash
69 903
70 725
63 233
62 201

Estimated living cost  is ₽49395 per week

₽33573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽739
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126755
₽63163
₽134460
₽49213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 986
income
-
-
-
38 674
surtax
-
-
-
49 087
microenterprise
-
-
-
-
total
-
-
-
123 747
Employee
27 445
-
149 129
-
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.

3 019
-
12 313
-
income
4 886
-
32 489
-
surtax
-
-
21 624
-
total
7 905
-
66 426
-
Employer
27 445
-
149 129
-
surtax
-
-
16 405
-
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.

6 611
-
26 966
-
total
6 611
-
43 371
-
Corporate
158 444
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%.

31 689
38 500
-
-
total
31 689
38 500
-
-
Dividends

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

126 755
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
46 205
38 500
109 797
123 747
After tax
146 295
154 000
82 703
68 753
Living cost
19 540
19 540
19 540
19 540
Free-cash
126 755
134 460
63 163
49 213

Estimated living cost  is ₽19540 per week

₽12466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50609
₽83801
₽56363
₽65048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 582
income
-
-
-
65 520
pensions
-
-
-
11 004
total
-
-
-
88 106
Employee
80 207
80 207
175 045
-
pensions
14 437
11 004
11 004
-
health
12 311
10 472
11 582
-
income

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

13 129
13 129
29 312
-
total
39 877
34 605
51 898
-
Employer
80 207
80 207
175 045
-
pensions
5 582
5 582
6 939
-
health
5 575
5 575
6 928
-
unemployment
2 887
2 887
3 588
-
total
14 044
14 044
17 455
-
Corporate
99 231
98 247
-
-
income
19 847
19 649
-
-
total
19 847
19 649
-
-
Dividends
79 384
78 598
-
-
income
16 869
16 703
-
-
withholding
11 908
11 790
-
-
total
28 777
28 493
-
-
Income
192 500
192 500
192 500
192 500
Total tax
102 545
96 791
69 353
88 106
After tax
89 955
95 709
123 147
104 394
Living cost
39 346
39 346
39 346
39 346
Free-cash
50 609
56 363
83 801
65 048

Estimated living cost  is ₽39346 per week

₽27884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽65602
₽57923
₽66470
₽58858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
169
health
-
-
-
5 284
municipal
-
-
-
50 089
pensions
-
-
-
9 153
other
-
-
-
9 839
unemployment
-
-
-
85
national
-
-
-
20 388
total
-
-
-
95 007
Employee
55 051
-
165 896
-
municipal
16 416
-
49 470
-
national
-
-
19 869
-
total
16 416
-
69 339
-
Employer
55 051
-
165 896
-
pensions
5 951
-
9 153
-
other
6 397
-
9 839
-
health
3 386
-
5 207
-
unemployment
1 453
-
2 235
-
accident
110
-
169
-
total
17 297
-
26 603
-
Corporate
120 153
192 500
-
-
income
26 434
42 350
-
-
total
26 434
42 350
-
-
Dividends
93 719
150 150
-
-
withholding
28 116
45 045
-
-
total
28 116
45 045
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 263
87 395
95 942
95 007
After tax
104 237
105 105
96 558
97 493
Living cost
38 635
38 635
38 635
38 635
Free-cash
65 602
66 470
57 923
58 858

Estimated living cost  is ₽38635 per week

₽25605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72354
₽83243
₽59160
₽58760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
24 483
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.

-
-
-
62 505
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.

-
-
-
3 438
total
-
-
-
96 843
Employee

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

47 631
-
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.

6 417
-
6 417
-
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.

4 092
-
62 505
-
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.

225
-
3 438
-
total
10 734
-
72 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 869
192 500
-
-
income
21 731
28 875
-
-
chamber of commerce
349
417
-
-
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.

1 196
1 588
-
-
trade
23 831
31 666
-
-
total
47 107
62 546
-
-
Dividends
97 763
129 954
-
-
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.

1 324
1 766
-
-
withholding
24 084
32 131
-
-
total
25 408
33 897
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 249
96 443
72 360
96 843
After tax
109 251
96 057
120 140
95 657
Living cost
36 897
36 897
36 897
36 897
Free-cash
72 354
59 160
83 243
58 760

Estimated living cost  is ₽36897 per week

₽24677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3891
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105983
₽98136
₽109878
₽99755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 197
health
-
-
-
4 909
income
-
-
-
42 175
total
-
-
-
62 281
Employee
72 223
72 223
181 066
-
health
718
1 228
3 078
-
social contributions
3 510
5 994
8 085
-
income
7 584
6 686
41 303
-
total
11 812
13 908
52 466
-
Employer
72 223
72 223
181 066
-
health
782
1 337
3 349
-
social contributions
3 510
5 994
8 085
-
total
4 292
7 331
11 434
-
Corporate
145 932
112 946
-
-
income
18 241
14 118
-
-
total
18 241
14 118
-
-
Dividends
127 691
98 828
-
-
withholding
21 708
16 801
-
-
total
21 708
16 801
-
-
Income
192 500
192 500
192 500
192 500
Total tax
56 053
52 158
63 900
62 281
After tax
136 447
140 342
128 600
130 219
Living cost
30 464
30 464
30 464
30 464
Free-cash
105 983
109 878
98 136
99 755

Estimated living cost  is ₽30464 per week

₽20825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91165
₽94316
₽90805
₽116076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 888
total
-
-
-
59 146
Employee

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

The minimum wage is 138,000 HUF per month.

24 942
9 926
161 088
-
unemployment
374
149
2 416
-
pensions
2 494
993
16 109
-
health
1 746
695
11 276
-
income
3 049
1 214
19 693
-
total
7 663
3 051
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.

24 942
9 926
161 088
-
pensions
4 864
1 936
31 412
-
total
4 864
1 936
31 412
-
Corporate
162 695
180 638
-
-
income
14 643
16 257
-
-
total
14 643
16 257
-
-
Dividends
148 052
164 380
-
-
social contributions
28 757
31 941
-
-
withholding
28 130
31 232
-
-
total
56 887
63 173
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 057
84 417
80 906
59 146
After tax
108 443
108 083
111 594
133 354
Living cost
17 278
17 278
17 278
17 278
Free-cash
91 165
90 805
94 316
116 076

Estimated living cost  is ₽17278 per week

₽11791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125479
₽88268
₽131314
₽80494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 795
pensions
-
-
-
38 500
total
-
-
-
89 320
Employee
26 645
-
143 871
-
unemployment
426
-
2 301
-
pensions
533
-
2 877
-
income
3 000
-
27 739
-
total
3 959
-
32 917
-
Employer
26 645
-
143 871
-
pensions
5 329
-
28 775
-
health
3 463
-
18 703
-
unemployment
214
-
1 151
-
total
9 006
-
48 629
-
Corporate
156 849
192 500
-
-
income
31 370
38 500
-
-
total
31 370
38 500
-
-
Dividends
125 479
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
44 335
38 500
81 546
89 320
After tax
148 165
154 000
110 954
103 180
Living cost
22 686
22 686
22 686
22 686
Free-cash
125 479
131 314
88 268
80 494

Estimated living cost  is ₽22686 per week

₽15560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12376
₽84458
-₽5377
₽110535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
54 357
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
60 996
Employee
32 986
-
174 797
-
pensions
3 714
-
7 272
-
health
3 777
-
20 014
-
income
4 525
-
42 084
-
total
12 016
-
69 370
-
Employer
32 986
-
174 797
-
pensions
5 364
-
10 501
-
unemployment
808
-
4 283
-
accident
551
-
2 919
-
total
6 723
-
17 703
-
Corporate
152 792
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.

137 513
173 250
-
-
total
137 513
173 250
-
-
Dividends
15 279
19 250
-
-
withholding
2 903
3 658
-
-
total
2 903
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 155
176 908
87 073
60 996
After tax
33 345
15 592
105 427
131 504
Living cost
20 969
20 969
20 969
20 969
Free-cash
12 376
-5 377
84 458
110 535

Estimated living cost  is ₽20969 per week

₽15369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173743
₽146309
₽175184
₽182884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 614
-
192 500
-
income
1 922
-
38 500
-
total
1 922
-
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%.

182 886
192 500
-
-
total
-
-
-
-
Dividends
182 886
192 500
-
-
withholding
9 144
9 625
-
-
total
9 144
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 066
9 625
38 500
1 925
After tax
181 434
182 875
154 000
190 575
Living cost
7 691
7 691
7 691
7 691
Free-cash
173 743
175 184
146 309
182 884

Estimated living cost  is ₽7691 per week

₽4766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110058
₽86179
₽116404
₽87812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 285
income
-
-
-
32 313
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.

-
-
-
34 279
other
-
-
-
6 784
total
-
-
-
79 661
Employee
34 103
-
156 400
-
unemployment
340
-
1 428
-
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.

2 387
-
9 997
-
health
478
-
2 000
-
income
5 871
-
31 769
-
total
9 076
-
45 194
-
Employer
34 103
-
156 400
-
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.

5 798
-
24 281
-
other
1 706
-
7 140
-
health
478
-
2 000
-
unemployment
340
-
1 428
-
accident
273
-
1 251
-
total
8 595
-
36 100
-
Corporate
149 802
192 500
-
-
income
31 459
40 425
-
-
total
31 459
40 425
-
-
Dividends
118 343
152 075
-
-
withholding
8 285
10 644
-
-
total
8 285
10 644
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 415
51 069
81 294
79 661
After tax
135 085
141 431
111 206
112 839
Living cost
25 027
25 027
25 027
25 027
Free-cash
110 058
116 404
86 179
87 812

Estimated living cost  is ₽25027 per week

₽17683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68641
₽46628
₽61241
₽63884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 267
pensions
-
-
-
8 881
total
-
-
-
67 148
Employee
86 968
-
167 876
-
pensions
8 390
-
10 700
-
health
1 433
-
2 316
-
income
15 677
-
46 764
-
total
25 500
-
59 780
-
Employer
86 968
-
167 876
-
pensions
10 268
-
21 434
-
health
1 652
-
3 190
-
total
11 920
-
24 624
-
Corporate
93 611
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.

17 786
36 574
-
-
total
17 786
36 574
-
-
Dividends
75 825
155 926
-
-
withholding
7 185
33 217
-
-
total
7 185
33 217
-
-
Income
192 500
192 500
192 500
192 500
Total tax
62 391
69 791
84 404
67 148
After tax
130 109
122 709
108 096
125 352
Living cost
61 468
61 468
61 468
61 468
Free-cash
68 641
61 241
46 628
63 884

Estimated living cost  is ₽61468 per week

₽46059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7222
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.
₽7688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽147929
₽150417
₽152286
₽142574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 769
income
-
-
-
28 875
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
37 625
Employee
16 288
-
186 070
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 878
-
health
749
-
1 508
-
income
1 629
-
18 607
-
total
3 987
-
23 353
-
Employer
16 288
-
186 070
-
pensions

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

1 795
-
3 611
-
health
1 124
-
2 261
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
total
3 195
-
6 429
-
Corporate
173 015
192 500
-
-
income
17 302
19 250
-
-
total
17 302
19 250
-
-
Dividends
155 714
173 250
-
-
withholding
7 786
8 663
-
-
total
7 786
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
32 270
27 913
29 782
37 625
After tax
160 230
164 587
162 718
154 875
Living cost
12 301
12 301
12 301
12 301
Free-cash
147 929
152 286
150 417
142 574

Estimated living cost  is ₽12301 per week

₽7182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45990
₽71065
₽43627
₽52312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 582
income
-
-
-
65 520
pensions
-
-
-
11 004
total
-
-
-
88 106
Employee
87 079
80 207
175 045
-
pensions
11 004
11 004
11 004
-
health
10 864
10 472
11 582
-
income

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

13 129
13 129
29 312
-
total
34 997
34 605
51 898
-
Employer
87 079
80 207
175 045
-
pensions
6 060
5 582
6 939
-
health
6 051
5 575
6 928
-
unemployment
3 135
2 887
3 588
-
total
15 246
14 044
17 455
-
Corporate
90 174
98 247
-
-
income
18 034
19 649
-
-
total
18 034
19 649
-
-
Dividends
72 140
78 598
-
-
income
15 330
16 703
-
-
withholding
10 821
11 790
-
-
total
26 151
28 493
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 428
96 791
69 353
88 106
After tax
98 072
95 709
123 147
104 394
Living cost
52 082
52 082
52 082
52 082
Free-cash
45 990
43 627
71 065
52 312

Estimated living cost  is ₽52082 per week

₽38419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4652
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.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100937
₽80318
₽109245
₽88482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 515
health
-
-
-
25 987
income
-
-
-
19 950
solidarity contribution
-
-
-
1 275
total
-
-
-
80 727
Employee
34 252
-
150 280
-
solidarity contribution
-
-
543
-
health
4 624
-
20 288
-
social contributions
2 226
-
7 461
-
income
4 110
-
18 380
-
total
10 960
-
46 672
-
Employer
34 252
-
150 280
-
health
3 083
-
13 525
-
social contributions
8 563
-
28 694
-
total
11 646
-
42 219
-
Corporate
146 603
192 500
-
-
income
27 854
36 575
-
-
total
27 854
36 575
-
-
Dividends
118 748
155 925
-
-
withholding
17 812
23 389
-
-
total
17 812
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 272
59 964
88 891
80 727
After tax
124 228
132 536
103 609
111 773
Living cost
23 291
23 291
23 291
23 291
Free-cash
100 937
109 245
80 318
88 482

Estimated living cost  is ₽23291 per week

₽16178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58169
₽43943
₽63075
₽51962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 009
municipal
-
-
-
1 164
regional
-
-
-
2 344
national
-
-
-
50 388
total
-
-
-
100 905
Employee
83 474
-
192 500
-
regional
788
-
2 091
-
municipal
442
-
1 046
-
national
14 464
-
44 157
-
social contributions
28 147
-
61 630
-
total
43 841
-
108 924
-
Employer
83 474
-
192 500
-
total
-
-
-
-
Corporate
109 026
192 500
-
-
municipal
4 253
7 507
-
-
nationa
26 165
46 199
-
-
total
30 418
53 706
-
-
Dividends
78 608
138 793
-
-
withholding
20 439
36 086
-
-
total
20 439
36 086
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 698
89 792
108 924
100 905
After tax
97 802
102 708
83 576
91 595
Living cost
39 633
39 633
39 633
39 633
Free-cash
58 169
63 075
43 943
51 962

Estimated living cost  is ₽39633 per week

₽27627
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.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97433
₽64267
₽100358
₽70011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 899
income
-
-
-
58 052
surtax
-
-
-
9 527
pensions
-
-
-
25 071
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
101 763
Employee
31 060
-
166 114
-
unemployment
2 162
-
8 725
-
pensions
2 071
-
8 361
-
health
793
-
3 196
-
income
5 206
-
52 434
-
other
-
-
-
-
surtax
102
-
8 404
-
total
10 334
-
81 120
-
Employer
31 060
-
166 114
-
pensions
4 140
-
16 710
-
other
-
-
-
-
health
1 413
-
5 704
-
unemployment
984
-
3 973
-
total
6 537
-
26 387
-
Corporate
154 902
192 500
-
-
income
40 275
50 049
-
-
total
40 275
50 049
-
-
Dividends
114 627
142 451
-
-
withholding
17 195
21 367
-
-
total
17 195
21 367
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 341
71 416
107 507
101 763
After tax
118 159
121 084
84 993
90 737
Living cost
20 726
20 726
20 726
20 726
Free-cash
97 433
100 358
64 267
70 011

Estimated living cost  is ₽20726 per week

₽12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86786
₽66102
₽80715
₽83358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 267
pensions
-
-
-
8 881
total
-
-
-
67 148
Employee
58 284
-
167 876
-
pensions
4 947
-
10 700
-
health
846
-
2 316
-
income
10 497
-
46 764
-
total
16 290
-
59 780
-
Employer
58 284
-
167 876
-
pensions
6 309
-
21 434
-
health
1 107
-
3 190
-
total
7 416
-
24 624
-
Corporate
126 800
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.

24 091
36 574
-
-
total
24 091
36 574
-
-
Dividends
102 708
155 926
-
-
withholding
15 923
33 217
-
-
total
15 923
33 217
-
-
Income
192 500
192 500
192 500
192 500
Total tax
63 720
69 791
84 404
67 148
After tax
128 780
122 709
108 096
125 352
Living cost
41 994
41 994
41 994
41 994
Free-cash
86 786
80 715
66 102
83 358

Estimated living cost  is ₽41994 per week

₽31461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3148
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.
₽6945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45241
₽71326
₽13245
₽79445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
434
pensions
-
-
-
17 710
other

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

-
-
-
3 851
regional
-
-
-
10 153
city
-
-
-
2 028
national
-
-
-
4 098
total
-
-
-
38 274
Employee
87 513
-
172 615
-
unemployment
-
-
-
-
pensions
7 352
-
14 146
-
regional
2 866
-
8 864
-
national
414
-
3 151
-
health
198
-
388
-
city
939
-
1 859
-
total
11 769
-
28 408
-
Employer
87 513
-
172 615
-
pensions
7 352
-
14 146
-
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.

1 750
-
3 451
-
health
198
-
388
-
unemployment
-
-
-
-
total
9 300
-
17 985
-
Corporate
94 725
192 500
-
-
regional
20 034
40 714
-
-
national
8 051
16 362
-
-
total
28 085
57 076
-
-
Dividends
66 639
135 424
-
-
withholding
23 324
47 398
-
-
total
23 324
47 398
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 478
104 474
46 393
38 274
After tax
120 022
88 026
146 107
154 226
Living cost
74 781
74 781
74 781
74 781
Free-cash
45 241
13 245
71 326
79 445

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67270
₽77113
₽52038
₽51589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
25 524
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.

-
-
-
62 505
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.

-
-
-
3 438
total
-
-
-
97 884
Employee

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

56 447
-
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.

6 417
-
6 417
-
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.

6 638
-
62 505
-
surtax

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

365
-
3 438
-
total
13 420
-
72 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 053
192 500
-
-
income
20 408
28 875
-
-
chamber of commerce
333
414
-
-
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.

1 123
1 588
-
-
trade
23 333
33 013
-
-
total
45 197
63 890
-
-
Dividends
90 856
128 610
-
-
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.

1 230
1 749
-
-
withholding
22 356
31 796
-
-
total
23 586
33 545
-
-
Income
192 500
192 500
192 500
192 500
Total tax
82 203
97 435
72 360
97 884
After tax
110 297
95 065
120 140
94 616
Living cost
43 027
43 027
43 027
43 027
Free-cash
67 270
52 038
77 113
51 589

Estimated living cost  is ₽43027 per week

₽31425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70433
₽70387
₽64887
₽74831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 486
health
-
-
-
8 985
income
-
-
-
33 350
surtax
-
-
-
-
pensions
-
-
-
31 746
other
-
-
-
5 967
total
-
-
-
85 534
Employee
40 198
-
147 653
-
pensions
4 545
-
10 817
-
social contributions
1 146
-
4 206
-
income
2 372
-
30 107
-
surtax
-
-
-
-
total
8 063
-
45 130
-
Employer
40 198
-
147 653
-
pensions
6 604
-
18 115
-
other
1 387
-
5 995
-
health
2 814
-
14 314
-
unemployment
1 627
-
5 980
-
social contributions
121
-
444
-
total
12 553
-
44 848
-
Corporate
139 749
192 500
-
-
income
39 129
53 899
-
-
surtax
-
-
-
-
total
39 129
53 899
-
-
Dividends
100 620
138 601
-
-
surtax
-
-
-
-
social contributions
17 307
23 839
-
-
withholding
12 880
17 740
-
-
total
30 187
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 932
95 478
89 978
85 534
After tax
102 568
97 022
102 522
106 966
Living cost
32 135
32 135
32 135
32 135
Free-cash
70 433
64 887
70 387
74 831

Estimated living cost  is ₽32135 per week

₽20262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2613
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.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73288
₽73571
₽68071
₽78015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 486
health
-
-
-
8 985
income
-
-
-
33 350
surtax
-
-
-
-
pensions
-
-
-
31 746
other
-
-
-
5 967
total
-
-
-
85 534
Employee
35 882
-
147 653
-
pensions
4 058
-
10 817
-
social contributions
1 023
-
4 206
-
income
1 850
-
30 107
-
surtax
-
-
-
-
total
6 931
-
45 130
-
Employer
35 882
-
147 653
-
pensions
5 896
-
18 115
-
other
1 239
-
5 995
-
health
2 511
-
14 314
-
unemployment
1 453
-
5 980
-
social contributions
107
-
444
-
total
11 206
-
44 848
-
Corporate
145 412
192 500
-
-
income
40 715
53 899
-
-
surtax
-
-
-
-
total
40 715
53 899
-
-
Dividends
104 697
138 601
-
-
surtax
-
-
-
-
social contributions
18 007
23 839
-
-
withholding
13 402
17 740
-
-
total
31 409
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
90 261
95 478
89 978
85 534
After tax
102 239
97 022
102 522
106 966
Living cost
28 951
28 951
28 951
28 951
Free-cash
73 288
68 071
73 571
78 015

Estimated living cost  is ₽28951 per week

₽16790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2941
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.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98013
₽98944
₽97526
₽103708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
31 846
-
192 500
-
health
2 223
-
13 436
-
social contributions
4 395
-
26 565
-
income
5 312
-
33 639
-
total
11 930
-
73 640
-
Employer
31 846
-
192 500
-
total
-
-
-
-
Corporate
160 654
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%.

8 033
9 625
-
-
total
8 033
9 625
-
-
Dividends
152 621
182 875
-
-
health
10 653
12 765
-
-
social contributions
21 062
25 237
-
-
withholding
22 893
27 431
-
-
total
54 608
65 433
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 571
75 058
73 640
68 876
After tax
117 929
117 442
118 860
123 624
Living cost
19 916
19 916
19 916
19 916
Free-cash
98 013
97 526
98 944
103 708

Estimated living cost  is ₽19916 per week

₽13329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71705
₽17571
₽73158
₽65780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 393
surtax
-
-
-
185
income
-
-
-
58 216
chamber of commerce
-
-
-
770
pensions
-
-
-
20 300
unemployment
-
-
-
5 761
total
-
-
-
93 625
Employee
46 939
37 430
157 266
-
unemployment
1 408
1 123
3 292
-
pensions
4 807
3 832
11 236
-
health
1 816
1 449
4 246
-
income
5 344
2 761
48 303
-
other
469
374
1 098
-
total
13 844
9 539
68 175
-
Employer
46 939
37 430
157 266
-
chamber of commerce
187
150
629
-
pensions
5 891
4 698
13 771
-
other
2 230
1 777
7 065
-
health
1 773
1 415
4 148
-
unemployment
1 408
1 123
3 292
-
accident
610
487
1 426
-
surtax
185
185
185
-
payroll
1 408
1 123
4 718
-
total
13 692
10 958
35 234
-
Corporate
131 869
144 112
153 701
-
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.

32 967
36 027
38 425
-
total
32 967
36 027
38 425
-
Dividends
98 902
108 084
-
-
withholding
27 197
29 723
-
-
total
27 197
29 723
-
-
Income
192 500
192 500
192 500
192 500
Total tax
87 700
86 247
141 834
93 625
After tax
104 800
106 253
50 666
98 875
Living cost
33 095
33 095
33 095
33 095
Free-cash
71 705
73 158
17 571
65 780

Estimated living cost  is ₽33095 per week

₽22073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59270
₽32019
₽72441
₽49384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 417
communal

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

-
-
-
10 145
national
-
-
-
75 308
total
-
-
-
108 870
Employee

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

67 184
-
149 095
-
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.

585
-
1 298
-
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.

5 039
-
11 183
-
national
20 655
-
55 569
-
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.

3 157
-
7 008
-
communal

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

3 504
-
7 777
-
total
32 940
-
82 835
-
Employer

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

67 184
-
149 095
-
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.

5 953
-
13 209
-
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.

4 132
-
9 170
-
unemployment

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

980
-
2 176
-
accident

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

873
-
1 937
-
surtax
7 618
-
16 908
-
total
19 556
-
43 400
-
Corporate
105 759
192 500
-
-
income
21 152
39 783
-
-
surtax
422
795
-
-
total
21 574
40 578
-
-
Dividends
84 185
151 922
-
-
withholding

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

24 914
45 235
-
-
total
24 914
45 235
-
-
Income
192 500
192 500
192 500
192 500
Total tax
98 984
85 813
126 235
108 870
After tax
93 516
106 687
66 265
83 630
Living cost
34 246
34 246
34 246
34 246
Free-cash
59 270
72 441
32 019
49 384

Estimated living cost  is ₽34246 per week

₽22059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87632
₽69867
₽94068
₽73807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 656
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
84 773
Employee
46 753
-
164 746
-
unemployment
725
-
1 349
-
pensions
2 198
-
4 092
-
income
9 865
-
55 431
-
other
46
-
87
-
total
12 834
-
60 959
-
Employer
46 753
-
164 746
-
pensions
11 033
-
20 546
-
other
373
-
697
-
unemployment
2 572
-
4 787
-
accident
925
-
1 724
-
total
14 903
-
27 754
-
Corporate
130 844
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.

19 626
28 875
-
-
total
19 626
28 875
-
-
Dividends
111 219
163 625
-
-
withholding
23 585
35 637
-
-
total
23 585
35 637
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 948
64 512
88 713
84 773
After tax
121 552
127 988
103 787
107 727
Living cost
33 920
33 920
33 920
33 920
Free-cash
87 632
94 068
69 867
73 807

Estimated living cost  is ₽33920 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46702
₽48779
₽59454
₽41101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
1 624
health
-
-
-
13 525
income
-
-
-
34 645
surtax
-
-
-
9 543
pensions
-
-
-
28 853
communal
-
-
-
12 167
total
-
-
-
100 357
Employee
71 128
-
171 953
-
pensions
5 689
-
13 756
-
health
3 166
-
7 652
-
income
6 870
-
40 187
-
surtax
4 360
-
10 537
-
total
20 085
-
72 132
-
Employer
71 128
-
171 953
-
pensions
5 689
-
13 756
-
health
2 169
-
5 244
-
accident
640
-
1 547
-
total
8 498
-
20 547
-
Corporate
112 874
192 500
-
-
income
16 931
28 875
-
-
communal
7 620
12 994
-
-
surtax
1 185
2 021
-
-
total
25 736
43 890
-
-
Dividends
87 138
148 611
-
-
income
27 367
15 822
-
-
withholding
13 070
22 292
-
-
total
40 437
38 114
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 756
82 004
92 679
100 357
After tax
97 744
110 496
99 821
92 143
Living cost
51 042
51 042
51 042
51 042
Free-cash
46 702
59 454
48 779
41 101

Estimated living cost  is ₽51042 per week

₽38289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97000
₽63897
₽99988
₽69641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 899
income
-
-
-
58 052
surtax
-
-
-
9 527
pensions
-
-
-
25 071
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
101 763
Employee
31 630
-
166 114
-
unemployment
2 201
-
8 725
-
pensions
2 110
-
8 361
-
health
807
-
3 196
-
income
5 303
-
52 434
-
other
-
-
-
-
surtax
112
-
8 404
-
total
10 533
-
81 120
-
Employer
31 630
-
166 114
-
pensions
4 217
-
16 710
-
other
-
-
-
-
health
1 438
-
5 704
-
unemployment
1 003
-
3 973
-
total
6 658
-
26 387
-
Corporate
154 211
192 500
-
-
income
40 095
50 049
-
-
total
40 095
50 049
-
-
Dividends
114 116
142 451
-
-
withholding
17 118
21 367
-
-
total
17 118
21 367
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 404
71 416
107 507
101 763
After tax
118 096
121 084
84 993
90 737
Living cost
21 096
21 096
21 096
21 096
Free-cash
97 000
99 988
63 897
69 641

Estimated living cost  is ₽21096 per week

₽12737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73797
₽57709
₽75882
₽65684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 009
municipal
-
-
-
1 164
regional
-
-
-
2 954
national
-
-
-
50 388
total
-
-
-
101 515
Employee
52 101
-
192 500
-
regional
701
-
2 657
-
municipal
276
-
1 046
-
national
8 254
-
44 157
-
social contributions
17 569
-
61 630
-
total
26 800
-
109 490
-
Employer
52 101
-
192 500
-
total
-
-
-
-
Corporate
140 399
192 500
-
-
municipal
6 978
9 568
-
-
nationa
33 696
46 199
-
-
total
40 674
55 767
-
-
Dividends
99 725
136 733
-
-
withholding
25 928
35 550
-
-
total
25 928
35 550
-
-
Income
192 500
192 500
192 500
192 500
Total tax
93 402
91 317
109 490
101 515
After tax
99 098
101 183
83 010
90 985
Living cost
25 301
25 301
25 301
25 301
Free-cash
73 797
75 882
57 709
65 684

Estimated living cost  is ₽25301 per week

₽15735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93596
₽74908
₽103835
₽83072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 515
health
-
-
-
25 987
income
-
-
-
19 950
solidarity contribution
-
-
-
1 275
total
-
-
-
80 727
Employee
42 207
-
150 280
-
solidarity contribution
-
-
543
-
health
5 698
-
20 288
-
social contributions
2 743
-
7 461
-
income
5 065
-
18 380
-
total
13 506
-
46 672
-
Employer
42 207
-
150 280
-
health
3 799
-
13 525
-
social contributions
10 552
-
28 694
-
total
14 351
-
42 219
-
Corporate
135 943
192 500
-
-
income
25 829
36 575
-
-
total
25 829
36 575
-
-
Dividends
110 113
155 925
-
-
withholding
16 517
23 389
-
-
total
16 517
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 203
59 964
88 891
80 727
After tax
122 297
132 536
103 609
111 773
Living cost
28 701
28 701
28 701
28 701
Free-cash
93 596
103 835
74 908
83 072

Estimated living cost  is ₽28701 per week

₽21344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75923
₽20746
₽76387
₽69095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 393
surtax
-
-
-
-
income
-
-
-
58 216
chamber of commerce
-
-
-
770
pensions
-
-
-
20 300
unemployment
-
-
-
5 761
total
-
-
-
93 440
Employee
41 057
37 430
157 439
-
unemployment
1 232
1 123
3 292
-
pensions
4 205
3 832
11 236
-
health
1 588
1 449
4 246
-
income
3 657
2 761
48 386
-
other
410
374
1 098
-
total
11 092
9 539
68 258
-
Employer
41 057
37 430
157 439
-
chamber of commerce
164
150
629
-
pensions
5 153
4 698
13 771
-
other
1 950
1 777
7 073
-
health
1 552
1 415
4 148
-
unemployment
1 232
1 123
3 292
-
accident
533
487
1 426
-
surtax
-
-
-
-
payroll
1 232
1 123
4 723
-
total
11 816
10 773
35 062
-
Corporate
139 628
144 297
153 874
-
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.

34 906
36 074
38 469
-
total
34 906
36 074
38 469
-
Dividends
104 721
108 223
-
-
withholding
28 798
29 762
-
-
total
28 798
29 762
-
-
Income
192 500
192 500
192 500
192 500
Total tax
86 612
86 148
141 789
93 440
After tax
105 888
106 352
50 711
99 060
Living cost
29 965
29 965
29 965
29 965
Free-cash
75 923
76 387
20 746
69 095

Estimated living cost  is ₽29965 per week

₽17975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168642
₽142015
₽170890
₽178590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 982
-
192 500
-
income
2 997
-
38 500
-
total
2 997
-
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%.

177 518
192 500
-
-
total
-
-
-
-
Dividends
177 518
192 500
-
-
withholding
8 876
9 625
-
-
total
8 876
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 873
9 625
38 500
1 925
After tax
180 627
182 875
154 000
190 575
Living cost
11 985
11 985
11 985
11 985
Free-cash
168 642
170 890
142 015
178 590

Estimated living cost  is ₽11985 per week

₽8111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
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.
₽2969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99487
₽61984
₽107344
₽66161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 760
pensions
-
-
-
35 156
unemployment
-
-
-
289
total
-
-
-
101 146
Employee

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

41 533
-
166 566
-
unemployment
59
-
233
-
pensions
6 438
-
25 818
-
health
2 682
-
10 760
-
income
7 162
-
42 580
-
total
16 341
-
79 391
-
Employer

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

41 533
-
166 566
-
pensions
3 675
-
14 740
-
health
2 766
-
11 092
-
unemployment
25
-
100
-
total
6 466
-
25 932
-
Corporate
144 500
192 500
-
-
income
27 456
36 575
-
-
total
27 456
36 575
-
-
Dividends
117 044
155 925
-
-
withholding
17 557
23 388
-
-
total
17 557
23 388
-
-
Income
192 500
192 500
192 500
192 500
Total tax
67 820
59 963
105 323
101 146
After tax
124 680
132 537
87 177
91 354
Living cost
25 193
25 193
25 193
25 193
Free-cash
99 487
107 344
61 984
66 161

Estimated living cost  is ₽25193 per week

₽17289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31266
₽139215
₽76282
₽92198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 552
-
-
-
social contributions
4 801
-
684
-
income
12 915
-
-
-
total
17 716
-
684
-
Employer
58 552
-
-
-
social contributions
82 558
-
11 766
-
total
82 558
-
11 766
-
Corporate
51 390
192 500
-
-
income
11 306
42 350
-
-
total
11 306
42 350
-
-
Dividends
40 084
150 150
-
-
income
8 819
33 033
-
-
total
8 819
33 033
-
-
Income
192 500
192 500
192 500
192 500
Total tax
120 399
75 383
12 450
59 467
After tax
72 101
117 117
180 050
133 033
Living cost
40 835
40 835
40 835
40 835
Free-cash
31 266
76 282
139 215
92 198

Estimated living cost  is ₽40835 per week

₽26495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79087
₽57301
₽80033
₽71896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 250
surtax
-
-
-
-
total
-
-
-
91 143
Employee
43 198
-
155 555
-
social contributions
4 752
-
17 111
-
income
8 985
-
51 683
-
surtax
-
-
-
-
total
13 737
-
68 794
-
Employer
43 198
-
155 555
-
social contributions
10 259
-
36 944
-
total
10 259
-
36 944
-
Corporate
139 043
192 500
-
-
income
29 199
40 425
-
-
surtax
-
-
-
-
total
29 199
40 425
-
-
Dividends
109 844
152 075
-
-
withholding
30 757
42 581
-
-
total
30 757
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 952
83 006
105 738
91 143
After tax
108 548
109 494
86 762
101 357
Living cost
29 461
29 461
29 461
29 461
Free-cash
79 087
80 033
57 301
71 896

Estimated living cost  is ₽29461 per week

₽22043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58112
₽57158
₽51658
₽61602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 486
health
-
-
-
8 985
income
-
-
-
33 350
surtax
-
-
-
-
pensions
-
-
-
31 746
other
-
-
-
5 967
total
-
-
-
85 534
Employee
58 826
-
147 653
-
pensions
6 654
-
10 817
-
social contributions
1 675
-
4 206
-
income
5 133
-
30 107
-
surtax
-
-
-
-
total
13 462
-
45 130
-
Employer
58 826
-
147 653
-
pensions
9 666
-
18 115
-
other
2 030
-
5 995
-
health
4 117
-
14 314
-
unemployment
2 383
-
5 980
-
social contributions
176
-
444
-
total
18 372
-
44 848
-
Corporate
115 301
192 500
-
-
income
32 284
53 899
-
-
surtax
-
-
-
-
total
32 284
53 899
-
-
Dividends
83 016
138 601
-
-
surtax
-
-
-
-
social contributions
14 279
23 839
-
-
withholding
10 627
17 740
-
-
total
24 906
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 024
95 478
89 978
85 534
After tax
103 476
97 022
102 522
106 966
Living cost
45 364
45 364
45 364
45 364
Free-cash
58 112
51 658
57 158
61 602

Estimated living cost  is ₽45364 per week

₽30702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141862
₽117720
₽145017
₽112607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 349
income
-
-
-
9 311
total
-
-
-
51 660
Employee
30 196
-
166 666
-
social contributions
1 962
-
10 833
-
income
-
-
9 880
-
total
1 962
-
20 713
-
Employer
30 196
-
166 666
-
social contributions
4 681
-
25 834
-
total
4 681
-
25 834
-
Corporate
157 624
192 500
-
-
income
15 762
19 250
-
-
total
15 762
19 250
-
-
Dividends
141 862
173 250
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
22 405
19 250
46 547
51 660
After tax
170 095
173 250
145 953
140 840
Living cost
28 233
28 233
28 233
28 233
Free-cash
141 862
145 017
117 720
112 607

Estimated living cost  is ₽28233 per week

₽18255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11960
-₽11960
-₽11960
₽66767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 906
pensions
-
-
-
813
labour market
-
-
-
15 335
national
-
-
-
23 485
total
-
-
-
80 539
Employee
190 754
190 754
190 754
-
pensions
271
271
271
-
municipal
40 620
40 620
40 620
-
national
23 304
23 304
23 304
-
labour market
15 239
15 239
15 239
-
total
79 434
79 434
79 434
-
Employer
190 754
190 754
190 754
-
municipal
40 685
40 685
40 685
-
pensions
542
542
542
-
national
23 345
23 345
23 345
-
labour market
15 260
15 260
15 260
-
total
79 832
79 832
79 832
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 266
159 266
159 266
80 539
After tax
33 234
33 234
33 234
111 961
Living cost
45 194
45 194
45 194
45 194
Free-cash
-11 960
-11 960
-11 960
66 767

Estimated living cost  is ₽45194 per week

₽30931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12424
₽84767
-₽5068
₽110844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
54 357
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
60 996
Employee
32 499
-
174 797
-
pensions
3 660
-
7 272
-
health
3 721
-
20 014
-
income
4 459
-
42 084
-
total
11 840
-
69 370
-
Employer
32 499
-
174 797
-
pensions
5 284
-
10 501
-
unemployment
796
-
4 283
-
accident
543
-
2 919
-
total
6 623
-
17 703
-
Corporate
153 377
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.

138 039
173 250
-
-
total
138 039
173 250
-
-
Dividends
15 338
19 250
-
-
withholding
2 914
3 658
-
-
total
2 914
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 416
176 908
87 073
60 996
After tax
33 084
15 592
105 427
131 504
Living cost
20 660
20 660
20 660
20 660
Free-cash
12 424
-5 068
84 767
110 844

Estimated living cost  is ₽20660 per week

₽15038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
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.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85785
₽62122
₽82884
₽84171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 572
municipal
-
-
-
34 186
national
-
-
-
35 511
total
-
-
-
72 269
Employee
49 415
-
161 939
-
unemployment
741
-
2 429
-
pensions
3 335
-
10 931
-
municipal
8 094
-
26 365
-
national
816
-
21 933
-
health
369
-
2 101
-
total
13 355
-
63 759
-
Employer
49 415
-
161 939
-
pensions
8 573
-
28 096
-
health
380
-
1 248
-
unemployment
321
-
1 053
-
accident
50
-
162
-
total
9 324
-
30 559
-
Corporate
133 761
192 500
-
-
income
26 752
38 500
-
-
total
26 752
38 500
-
-
Dividends

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

80 257
115 500
-
-
national
6 778
14 266
-
-
municipal
14 446
20 790
-
-
total
21 224
35 056
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 655
73 556
94 318
72 269
After tax
121 845
118 944
98 182
120 231
Living cost
36 060
36 060
36 060
36 060
Free-cash
85 785
82 884
62 122
84 171

Estimated living cost  is ₽36060 per week

₽23554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113483
₽106854
₽118596
₽108473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 197
health
-
-
-
4 909
income
-
-
-
42 175
total
-
-
-
62 281
Employee
72 223
72 223
181 066
-
health
560
1 228
3 078
-
social contributions
2 731
5 994
8 085
-
income
7 864
6 686
41 303
-
total
11 155
13 908
52 466
-
Employer
72 223
72 223
181 066
-
health
608
1 337
3 349
-
social contributions
2 731
5 994
8 085
-
total
3 339
7 331
11 434
-
Corporate
156 261
112 946
-
-
income
19 533
14 118
-
-
total
19 533
14 118
-
-
Dividends
136 728
98 828
-
-
withholding
23 244
16 801
-
-
total
23 244
16 801
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 271
52 158
63 900
62 281
After tax
135 229
140 342
128 600
130 219
Living cost
21 746
21 746
21 746
21 746
Free-cash
113 483
118 596
106 854
108 473

Estimated living cost  is ₽21746 per week

₽13033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139720
₽129539
₽144498
₽148377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 399
income
-
-
-
19 810
pensions
-
-
-
5 975
unemployment
-
-
-
27
total
-
-
-
29 211
Employee

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

21 559
-
183 321
-
unemployment
107
-
446
-
pensions
3 233
-
13 368
-
health
1 832
-
7 575
-
income
1 474
-
17 480
-
total
6 646
-
38 869
-
Employer

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

21 559
-
183 321
-
pensions
1 185
-
4 902
-
health
927
-
3 832
-
unemployment
107
-
446
-
total
2 219
-
9 180
-
Corporate
168 722
192 500
-
-
income
15 184
17 325
-
-
total
15 184
17 325
-
-
Dividends
153 538
175 175
-
-
withholding
13 819
15 765
-
-
total
13 819
15 765
-
-
Income
192 500
192 500
192 500
192 500
Total tax
37 868
33 090
48 049
29 211
After tax
154 632
159 410
144 451
163 289
Living cost
14 912
14 912
14 912
14 912
Free-cash
139 720
144 498
129 539
148 377

Estimated living cost  is ₽14912 per week

₽9514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98012
₽77959
₽102160
₽81899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 656
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
84 773
Employee
34 729
-
164 746
-
unemployment
538
-
1 349
-
pensions
1 633
-
4 092
-
income
6 696
-
55 431
-
other
34
-
87
-
total
8 901
-
60 959
-
Employer
34 729
-
164 746
-
pensions
8 195
-
20 546
-
other
278
-
697
-
unemployment
1 911
-
4 787
-
accident
688
-
1 724
-
total
11 072
-
27 754
-
Corporate
146 699
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.

22 005
28 875
-
-
total
22 005
28 875
-
-
Dividends
124 693
163 625
-
-
withholding
26 682
35 637
-
-
total
26 682
35 637
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 660
64 512
88 713
84 773
After tax
123 840
127 988
103 787
107 727
Living cost
25 828
25 828
25 828
25 828
Free-cash
98 012
102 160
77 959
81 899

Estimated living cost  is ₽25828 per week

₽17434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117981
₽122078
₽118283
₽122209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
972
income
-
-
-
66 142
pensions
-
-
-
1 340
total
-
-
-
68 454
Employee
2 798
-
190 992
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
66 072
-
total
961
-
67 077
-
Employer
2 798
-
190 992
-
pensions
308
-
737
-
health
266
-
637
-
unemployment
56
-
134
-
total
630
-
1 508
-
Corporate
189 072
192 500
-
-
income
41 596
42 350
-
-
total
41 596
42 350
-
-
Dividends
147 476
150 150
-
-
withholding
29 495
30 030
-
-
total
29 495
30 030
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 682
72 380
68 585
68 454
After tax
119 818
120 120
123 915
124 046
Living cost
1 837
1 837
1 837
1 837
Free-cash
117 981
118 283
122 078
122 209

Estimated living cost  is ₽1837 per week

₽1092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118224
₽105836
₽122845
₽105835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 146
income
-
-
-
44 203
pensions
-
-
-
18 039
unemployment
-
-
-
1 041
total
-
-
-
70 429
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.

24 482
-
180 081
-
unemployment
184
-
520
-
pensions
3 428
-
9 713
-
health
1 261
-
3 573
-
income
3 375
-
44 203
-
total
8 248
-
58 009
-
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.

24 482
-
180 081
-
pensions
2 938
-
8 326
-
health
1 261
-
3 573
-
unemployment
184
-
520
-
total
4 383
-
12 419
-
Corporate
163 635
192 500
-
-
income
24 545
28 875
-
-
total
24 545
28 875
-
-
Dividends
139 090
163 625
-
-
withholding
20 864
24 544
-
-
total
20 864
24 544
-
-
Income
192 500
192 500
192 500
192 500
Total tax
58 040
53 419
70 428
70 429
After tax
134 460
139 081
122 072
122 071
Living cost
16 236
16 236
16 236
16 236
Free-cash
118 224
122 845
105 836
105 835

Estimated living cost  is ₽16236 per week

₽10932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83835
₽61441
₽84173
₽76036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 250
surtax
-
-
-
-
total
-
-
-
91 143
Employee
36 454
-
155 555
-
social contributions
4 010
-
17 111
-
income
7 123
-
51 683
-
surtax
-
-
-
-
total
11 133
-
68 794
-
Employer
36 454
-
155 555
-
social contributions
8 657
-
36 944
-
total
8 657
-
36 944
-
Corporate
147 389
192 500
-
-
income
30 951
40 425
-
-
surtax
-
-
-
-
total
30 951
40 425
-
-
Dividends
116 438
152 075
-
-
withholding
32 603
42 581
-
-
total
32 603
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 344
83 006
105 738
91 143
After tax
109 156
109 494
86 762
101 357
Living cost
25 321
25 321
25 321
25 321
Free-cash
83 835
84 173
61 441
76 036

Estimated living cost  is ₽25321 per week

₽17934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88833
₽70778
₽94979
₽74718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 656
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
84 773
Employee
45 361
-
164 746
-
unemployment
702
-
1 349
-
pensions
2 132
-
4 092
-
income
9 474
-
55 431
-
other
45
-
87
-
total
12 353
-
60 959
-
Employer
45 361
-
164 746
-
pensions
10 705
-
20 546
-
other
364
-
697
-
unemployment
2 495
-
4 787
-
accident
898
-
1 724
-
total
14 462
-
27 754
-
Corporate
132 677
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.

19 902
28 875
-
-
total
19 902
28 875
-
-
Dividends
112 775
163 625
-
-
withholding
23 941
35 637
-
-
total
23 941
35 637
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 658
64 512
88 713
84 773
After tax
121 842
127 988
103 787
107 727
Living cost
33 009
33 009
33 009
33 009
Free-cash
88 833
94 979
70 778
74 718

Estimated living cost  is ₽33009 per week

₽23706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142730
₽146578
₽148448
₽138736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 769
income
-
-
-
28 875
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
37 625
Employee
21 371
-
186 070
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 878
-
health
983
-
1 508
-
income
2 137
-
18 607
-
total
5 231
-
23 353
-
Employer
21 371
-
186 070
-
pensions

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

2 355
-
3 611
-
health
1 475
-
2 261
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
total
4 193
-
6 429
-
Corporate
166 936
192 500
-
-
income
16 694
19 250
-
-
total
16 694
19 250
-
-
Dividends
150 242
173 250
-
-
withholding
7 512
8 663
-
-
total
7 512
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
33 630
27 913
29 782
37 625
After tax
158 870
164 587
162 718
154 875
Living cost
16 140
16 140
16 140
16 140
Free-cash
142 730
148 448
146 578
138 736

Estimated living cost  is ₽16140 per week

₽10675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75050
₽83878
₽62765
₽62521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
21 357
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.

-
-
-
62 505
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.

-
-
-
3 438
total
-
-
-
93 717
Employee

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

46 733
-
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.

6 417
-
6 417
-
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.

3 843
-
62 505
-
surtax

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

212
-
3 438
-
total
10 472
-
72 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 767
192 500
-
-
income
21 865
28 875
-
-
chamber of commerce
356
424
-
-
surtax

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

1 203
1 588
-
-
trade
20 918
27 623
-
-
total
44 342
58 510
-
-
Dividends
101 425
133 990
-
-
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.

1 374
1 823
-
-
withholding
25 000
33 140
-
-
total
26 374
34 963
-
-
Income
192 500
192 500
192 500
192 500
Total tax
81 188
93 473
72 360
93 717
After tax
111 312
99 027
120 140
98 783
Living cost
36 262
36 262
36 262
36 262
Free-cash
75 050
62 765
83 878
62 521

Estimated living cost  is ₽36262 per week

₽25014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83320
₽44778
₽81248
₽44778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 743
income
-
-
-
61 476
total
-
-
-
94 219
Employee
73 470
-
192 500
-
social contributions
6 104
-
32 743
-
income
13 863
-
61 476
-
total
19 967
-
94 219
-
Employer
73 470
-
192 500
-
total
-
-
-
-
Corporate
119 030
192 500
-
-
income
14 879
24 062
-
-
total
14 879
24 062
-
-
Dividends
104 151
168 438
-
-
withholding
20 831
33 687
-
-
total
20 831
33 687
-
-
Income
192 500
192 500
192 500
192 500
Total tax
55 677
57 749
94 219
94 219
After tax
136 823
134 751
98 281
98 281
Living cost
53 503
53 503
53 503
53 503
Free-cash
83 320
81 248
44 778
44 778

Estimated living cost  is ₽53503 per week

₽40704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89350
₽101123
₽86069
₽123735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 795
total
-
-
-
34 670
Employee
43 087
-
188 179
-
social contributions
4 317
-
4 321
-
income
4 675
-
48 640
-
total
8 992
-
52 961
-
Employer
43 087
-
188 179
-
social contributions
4 317
-
4 321
-
total
4 317
-
4 321
-
Corporate
145 096
192 500
-
-
income
50 784
67 374
-
-
total
50 784
67 374
-
-
Dividends
94 313
125 126
-
-
social contributions
4 962
4 962
-
-
total
4 962
4 962
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 055
72 336
57 282
34 670
After tax
123 445
120 164
135 218
157 830
Living cost
34 095
34 095
34 095
34 095
Free-cash
89 350
86 069
101 123
123 735

Estimated living cost  is ₽34095 per week

₽22458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94011
₽73957
₽88570
₽91213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 267
pensions
-
-
-
8 881
total
-
-
-
67 148
Employee
46 861
-
167 876
-
pensions
3 577
-
10 700
-
health
611
-
2 316
-
income
8 534
-
46 764
-
total
12 722
-
59 780
-
Employer
46 861
-
167 876
-
pensions
4 734
-
21 434
-
health
891
-
3 190
-
total
5 625
-
24 624
-
Corporate
140 014
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.

26 603
36 574
-
-
total
26 603
36 574
-
-
Dividends
113 411
155 926
-
-
withholding
19 400
33 217
-
-
total
19 400
33 217
-
-
Income
192 500
192 500
192 500
192 500
Total tax
64 350
69 791
84 404
67 148
After tax
128 150
122 709
108 096
125 352
Living cost
34 139
34 139
34 139
34 139
Free-cash
94 011
88 570
73 957
91 213

Estimated living cost  is ₽34139 per week

₽23419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12111
₽82722
-₽7113
₽108799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
54 357
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
60 996
Employee
35 716
-
174 797
-
pensions
4 022
-
7 272
-
health
4 089
-
20 014
-
income
4 900
-
42 084
-
total
13 011
-
69 370
-
Employer
35 716
-
174 797
-
pensions
5 807
-
10 501
-
unemployment
875
-
4 283
-
accident
596
-
2 919
-
total
7 278
-
17 703
-
Corporate
149 505
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.

134 554
173 250
-
-
total
134 554
173 250
-
-
Dividends
14 950
19 250
-
-
withholding
2 841
3 658
-
-
total
2 841
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
157 684
176 908
87 073
60 996
After tax
34 816
15 592
105 427
131 504
Living cost
22 705
22 705
22 705
22 705
Free-cash
12 111
-7 113
82 722
108 799

Estimated living cost  is ₽22705 per week

₽16663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144923
₽127037
₽134587
₽106402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 150
health insurance
-
-
-
11 106
pensions
-
-
-
27 615
unemployment
-
-
-
1 801
work injury
-
-
-
750
total
-
-
-
73 422
Employee

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

20 282
-
192 500
-
unemployment
243
-
901
-
pensions
3 732
-
13 808
-
work injury
101
-
375
-
income
2 028
-
32 150
-
health insurance
1 501
-
5 553
-
total
7 605
-
52 787
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 218
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%.

1 722
19 250
-
-
total
1 722
19 250
-
-
Dividends
170 496
173 250
-
-
withholding
25 574
25 987
-
-
total
25 574
25 987
-
-
Income
192 500
192 500
192 500
192 500
Total tax
34 901
45 237
52 787
73 422
After tax
157 599
147 263
139 713
119 078
Living cost
12 676
12 676
12 676
12 676
Free-cash
144 923
134 587
127 037
106 402

Estimated living cost  is ₽12676 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59706
₽44071
₽63979
₽51844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 009
municipal
-
-
-
1 310
regional
-
-
-
4 532
national
-
-
-
50 388
total
-
-
-
103 239
Employee
79 146
-
192 500
-
regional
1 195
-
4 047
-
municipal
472
-
1 178
-
national
13 375
-
44 157
-
social contributions
26 688
-
61 630
-
total
41 730
-
111 012
-
Employer
79 146
-
192 500
-
total
-
-
-
-
Corporate
113 354
192 500
-
-
municipal
5 463
9 279
-
-
nationa
27 205
46 199
-
-
total
32 668
55 478
-
-
Dividends
80 686
137 021
-
-
withholding
20 979
35 626
-
-
total
20 979
35 626
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 377
91 104
111 012
103 239
After tax
97 123
101 396
81 488
89 261
Living cost
37 417
37 417
37 417
37 417
Free-cash
59 706
63 979
44 071
51 844

Estimated living cost  is ₽37417 per week

₽26283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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