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
₽66292
₽77529
₽67547
₽90425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
22 878
income

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

-
-
-
61 003
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.

-
-
-
6 941
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.

-
-
-
3 355
total
-
-
-
94 177
Employee

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

38 862
-
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.

6 941
-
6 941
-
surtax

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

60
-
3 355
-
income

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

1 086
-
61 003
-
total
8 087
-
71 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 638
192 500
-
-
surtax

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

1 267
1 589
-
-
income
23 046
28 874
-
-
trade
24 199
30 319
-
-
chamber of commerce
374
430
-
-
total
48 886
61 212
-
-
Dividends
104 753
131 288
-
-
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.

1 419
1 784
-
-
withholding
25 803
32 436
-
-
total
27 222
34 220
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 195
95 432
71 299
94 177
After tax
108 305
97 068
121 201
98 323
Living cost
30 776
30 776
30 776
30 776
Free-cash
77 529
66 292
90 425
67 547

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68853
₽68001
₽60931
₽61963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 190
pensions
-
-
-
23 100
national
-
-
-
33 943
social contributions
-
-
-
2 069
total
-
-
-
80 302
Employee
79 474
-
166 415
-
municipal
9 816
-
21 935
-
pensions
3 179
-
6 657
-
national
15 211
-
35 576
-
total
28 206
-
64 168
-
Employer
79 474
-
166 415
-
social contributions
854
-
1 789
-
pensions
6 358
-
13 313
-
total
7 212
-
15 102
-
Corporate
100 569
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%.

20 114
38 500
-
-
total
20 114
38 500
-
-
Dividends
80 455
154 000
-
-
withholding
17 700
33 880
-
-
total
17 700
33 880
-
-
Income
192 500
192 500
192 500
192 500
Total tax
73 232
72 380
79 270
80 302
After tax
119 268
120 120
113 230
112 198
Living cost
51 267
51 267
51 267
51 267
Free-cash
68 001
68 853
61 963
60 931

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132862
₽124527
₽46454
₽60659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
36 891
surtax
-
-
-
49 087
social contributions

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

-
-
-
38 930
total
-
-
-
124 908
Employee
29 690
-
147 144
-
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.

3 266
-
13 320
-
surtax
-
-
21 335
-
income
5 285
-
30 692
-
total
8 551
-
65 347
-
Employer
29 690
-
147 144
-
social contributions

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

7 152
-
29 171
-
surtax
-
-
16 185
-
total
7 152
-
45 356
-
Corporate
155 659
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%.

31 132
38 500
-
-
total
31 132
38 500
-
-
Dividends

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

124 526
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
46 835
38 500
110 703
124 908
After tax
145 665
154 000
81 797
67 592
Living cost
21 138
21 138
21 138
21 138
Free-cash
124 527
132 862
60 659
46 454

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52944
₽46718
₽62770
₽79173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 732
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
87 166
Employee
86 768
86 768
173 617
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
27 447
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
51 881
-
Employer
86 768
86 768
173 617
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
91 603
90 538
-
-
income
18 321
18 107
-
-
total
18 321
18 107
-
-
Dividends
73 281
72 431
-
-
income
15 572
15 391
-
-
withholding
10 993
10 865
-
-
total
26 565
26 256
-
-
Income
192 500
192 500
192 500
192 500
Total tax
103 218
96 992
70 763
87 166
After tax
89 282
95 508
121 737
105 334
Living cost
42 564
42 564
42 564
42 564
Free-cash
46 718
52 944
79 173
62 770

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65963
₽65083
₽58489
₽57540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 993
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
20 024
total
-
-
-
94 869
Employee
55 773
-
165 547
-
municipal
16 632
-
49 366
-
national
-
-
19 498
-
total
16 632
-
68 864
-
Employer
55 773
-
165 547
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
119 203
192 500
-
-
income
26 225
42 350
-
-
total
26 225
42 350
-
-
Dividends
92 978
150 150
-
-
withholding
27 894
45 045
-
-
total
27 894
45 045
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 275
87 395
95 818
94 869
After tax
104 225
105 105
96 682
97 631
Living cost
39 142
39 142
39 142
39 142
Free-cash
65 083
65 963
57 540
58 489

Estimated living cost  is ₽39142 per week

₽25941
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.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56162
₽70439
₽57390
₽81286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
23 896
income

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

-
-
-
61 003
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.

-
-
-
6 941
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.

-
-
-
3 355
total
-
-
-
95 195
Employee

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

51 527
-
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.

6 941
-
6 941
-
surtax

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

243
-
3 355
-
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.

4 427
-
61 003
-
total
11 611
-
71 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 973
192 500
-
-
surtax

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

1 163
1 589
-
-
income
21 146
28 874
-
-
trade
23 190
31 666
-
-
chamber of commerce
355
428
-
-
total
45 854
62 557
-
-
Dividends
95 120
129 942
-
-
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.

1 286
1 766
-
-
withholding
23 395
32 100
-
-
total
24 681
33 866
-
-
Income
192 500
192 500
192 500
192 500
Total tax
82 146
96 423
71 299
95 195
After tax
110 354
96 077
121 201
97 305
Living cost
39 915
39 915
39 915
39 915
Free-cash
70 439
56 162
81 286
57 390

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽107432
₽103217
₽97941
₽96282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
40 254
health
-
-
-
4 909
social contributions
-
-
-
16 440
total
-
-
-
61 603
Employee
78 130
78 130
180 416
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
3 068
-
income
8 204
7 233
39 364
-
total
12 778
15 046
51 178
-
Employer
78 130
78 130
180 416
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
3 338
-
total
4 643
7 930
12 084
-
Corporate
142 123
106 439
-
-
income
17 766
13 304
-
-
total
17 766
13 304
-
-
Dividends
124 357
93 135
-
-
withholding
21 140
15 832
-
-
total
21 140
15 832
-
-
Income
192 500
192 500
192 500
192 500
Total tax
56 327
52 112
63 262
61 603
After tax
136 173
140 388
129 238
130 897
Living cost
32 956
32 956
32 956
32 956
Free-cash
103 217
107 432
96 282
97 941

Estimated living cost  is ₽32956 per week

₽22529
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.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89705
₽90090
₽114952
₽93192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
23 533
pensions
-
-
-
19 250
unemployment
-
-
-
2 888
health
-
-
-
13 475
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.

26 564
10 572
161 088
-
health
1 859
740
11 276
-
income
3 247
1 292
19 693
-
pensions
2 656
1 057
16 109
-
unemployment
398
159
2 416
-
total
8 160
3 248
49 494
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
161 088
-
pensions
5 180
2 062
31 412
-
total
5 180
2 062
31 412
-
Corporate
160 756
179 866
-
-
income
14 468
16 188
-
-
total
14 468
16 188
-
-
Dividends
146 288
163 678
-
-
social contributions
28 405
31 796
-
-
withholding
27 795
31 099
-
-
total
56 200
62 895
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 008
84 393
80 906
59 146
After tax
108 492
108 107
111 594
133 354
Living cost
18 402
18 402
18 402
18 402
Free-cash
90 090
89 705
93 192
114 952

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129458
₽123146
₽78637
₽86412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
25 795
pensions
-
-
-
38 500
health
-
-
-
25 026
total
-
-
-
89 321
Employee
28 824
-
143 872
-
income
3 245
-
27 739
-
pensions
577
-
2 877
-
unemployment
461
-
2 302
-
total
4 283
-
32 918
-
Employer
28 824
-
143 872
-
unemployment
231
-
1 151
-
pensions
5 765
-
28 774
-
health
3 746
-
18 703
-
total
9 742
-
48 628
-
Corporate
153 933
192 500
-
-
income
30 787
38 500
-
-
total
30 787
38 500
-
-
Dividends
123 146
154 000
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
44 812
38 500
81 546
89 321
After tax
147 688
154 000
110 954
103 179
Living cost
24 542
24 542
24 542
24 542
Free-cash
123 146
129 458
86 412
78 637

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6598
₽12188
₽109349
₽82894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
53 935
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 961
Employee
34 905
-
174 210
-
health
3 997
-
19 947
-
income
4 789
-
41 485
-
pensions
3 930
-
7 695
-
total
12 716
-
69 127
-
Employer
34 905
-
174 210
-
accident
583
-
2 909
-
unemployment
855
-
4 268
-
pensions
5 676
-
11 112
-
total
7 114
-
18 289
-
Corporate
150 481
192 500
-
-
income

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

135 433
173 250
-
-
total
135 433
173 250
-
-
Dividends
15 048
19 250
-
-
withholding
2 859
3 658
-
-
total
2 859
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
158 122
176 908
87 416
60 961
After tax
34 378
15 592
105 084
131 539
Living cost
22 190
22 190
22 190
22 190
Free-cash
12 188
-6 598
82 894
109 349

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173613
₽171877
₽181313
₽144738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
192 500
-
income
2 315
-
38 500
-
total
2 315
-
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%.

180 923
192 500
-
-
total
-
-
-
-
Dividends
180 923
192 500
-
-
withholding
9 046
9 625
-
-
total
9 046
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 361
9 625
38 500
1 925
After tax
181 139
182 875
154 000
190 575
Living cost
9 262
9 262
9 262
9 262
Free-cash
171 877
173 613
144 738
181 313

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽114357
₽107495
₽83185
₽81702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 020
pensions

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

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
82 241
Employee
36 892
-
153 755
-
health
517
-
2 152
-
income
6 351
-
30 527
-
pensions

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

2 582
-
10 763
-
unemployment
368
-
1 537
-
total
9 818
-
44 979
-
Employer
36 892
-
153 755
-
accident
295
-
1 230
-
other
1 845
-
7 688
-
unemployment
368
-
1 537
-
pensions

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

6 272
-
26 138
-
health
517
-
2 152
-
total
9 297
-
38 745
-
Corporate
146 310
192 500
-
-
income
30 725
40 424
-
-
total
30 725
40 424
-
-
Dividends
115 585
152 076
-
-
withholding
8 091
10 645
-
-
total
8 091
10 645
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 931
51 069
83 724
82 241
After tax
134 569
141 431
108 776
110 259
Living cost
27 074
27 074
27 074
27 074
Free-cash
107 495
114 357
81 702
83 185

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56279
₽61786
₽58326
₽40969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 328
pensions
-
-
-
9 449
total
-
-
-
65 777
Employee
96 771
-
168 045
-
health
1 595
-
2 388
-
income
17 444
-
44 758
-
pensions
9 336
-
11 532
-
total
28 375
-
58 678
-
Employer
96 771
-
168 045
-
pensions
11 426
-
21 262
-
health
1 838
-
3 194
-
total
13 264
-
24 456
-
Corporate
82 465
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.

15 669
36 575
-
-
total
15 669
36 575
-
-
Dividends
66 796
155 925
-
-
withholding
5 009
31 249
-
-
total
5 009
31 249
-
-
Income
192 500
192 500
192 500
192 500
Total tax
62 317
67 824
83 134
65 777
After tax
130 183
124 676
109 366
126 723
Living cost
68 397
68 397
68 397
68 397
Free-cash
61 786
56 279
40 969
58 326

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽151266
₽146546
₽140826
₽148522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 352
Employee
17 640
-
185 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
18 554
-
pensions

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

1 549
-
3 116
-
total
4 318
-
23 693
-
Employer
17 640
-
185 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
171 398
192 500
-
-
income
17 140
19 250
-
-
total
17 140
19 250
-
-
Dividends
154 258
173 250
-
-
withholding
7 713
8 662
-
-
total
7 713
8 662
-
-
Income
192 500
192 500
192 500
192 500
Total tax
32 632
27 912
30 656
38 352
After tax
159 868
164 588
161 844
154 148
Living cost
13 322
13 322
13 322
13 322
Free-cash
146 546
151 266
148 522
140 826

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽39166
₽41722
₽48992
₽65395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 732
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
87 166
Employee
94 202
86 768
173 617
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
27 447
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
51 881
-
Employer
94 202
86 768
173 617
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
81 805
90 538
-
-
income
16 361
18 107
-
-
total
16 361
18 107
-
-
Dividends
65 444
72 431
-
-
income
13 906
15 391
-
-
withholding
9 816
10 865
-
-
total
23 722
26 256
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 436
96 992
70 763
87 166
After tax
98 064
95 508
121 737
105 334
Living cost
56 342
56 342
56 342
56 342
Free-cash
41 722
39 166
65 395
48 992

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108262
₽99602
₽86733
₽78679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
19 738
health
-
-
-
25 988
solidarity contribution
-
-
-
838
social contributions
-
-
-
34 929
total
-
-
-
81 493
Employee
35 696
-
149 170
-
social contributions
2 320
-
7 775
-
health
4 819
-
20 138
-
solidarity contribution
-
-
115
-
income
4 284
-
18 189
-
total
11 423
-
46 217
-
Employer
35 696
-
149 170
-
social contributions
8 924
-
29 905
-
health
3 213
-
13 425
-
total
12 137
-
43 330
-
Corporate
144 667
192 500
-
-
income
27 487
36 575
-
-
total
27 487
36 575
-
-
Dividends
117 180
155 925
-
-
withholding
17 577
23 389
-
-
total
17 577
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 624
59 964
89 547
81 493
After tax
123 876
132 536
102 953
111 007
Living cost
24 274
24 274
24 274
24 274
Free-cash
99 602
108 262
78 679
86 733

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59831
₽54527
₽48337
₽39641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 143
regional
-
-
-
2 285
national
-
-
-
48 349
social contributions
-
-
-
49 512
total
-
-
-
101 289
Employee
90 301
-
192 500
-
social contributions
30 450
-
64 912
-
regional
852
-
2 019
-
municipal
478
-
1 020
-
national
15 647
-
42 034
-
total
47 427
-
109 985
-
Employer
90 301
-
192 500
-
total
-
-
-
-
Corporate
102 199
192 500
-
-
nationa
24 528
46 201
-
-
municipal
3 986
7 508
-
-
total
28 514
53 709
-
-
Dividends
73 685
138 791
-
-
withholding
19 158
36 086
-
-
total
19 158
36 086
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 099
89 795
109 985
101 289
After tax
97 401
102 705
82 515
91 211
Living cost
42 874
42 874
42 874
42 874
Free-cash
54 527
59 831
39 641
48 337

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98661
₽95500
₽68495
₽62281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
55 715
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
8 889
total
-
-
-
101 584
Employee
33 601
-
163 955
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
7 674
-
income
5 632
-
49 639
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
79 253
-
Employer
33 601
-
163 955
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
151 827
192 500
-
-
income
39 475
50 050
-
-
total
39 475
50 050
-
-
Dividends
112 351
142 450
-
-
withholding
16 852
21 368
-
-
total
16 852
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 579
71 418
107 798
101 584
After tax
117 921
121 082
84 702
90 916
Living cost
22 421
22 421
22 421
22 421
Free-cash
95 500
98 661
62 281
68 495

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77949
₽84706
₽79996
₽62639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 328
pensions
-
-
-
9 449
total
-
-
-
65 777
Employee
64 853
-
168 045
-
health
941
-
2 388
-
income
11 680
-
44 758
-
pensions
5 505
-
11 532
-
total
18 126
-
58 678
-
Employer
64 853
-
168 045
-
pensions
7 020
-
21 262
-
health
1 232
-
3 194
-
total
8 252
-
24 456
-
Corporate
119 394
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.

22 685
36 575
-
-
total
22 685
36 575
-
-
Dividends
96 709
155 925
-
-
withholding
12 004
31 249
-
-
total
12 004
31 249
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 067
67 824
83 134
65 777
After tax
131 433
124 676
109 366
126 723
Living cost
46 727
46 727
46 727
46 727
Free-cash
84 706
77 949
62 639
79 996

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10398
₽43612
₽77071
₽68610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
city
-
-
-
2 030
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.

-
-
-
3 850
regional
-
-
-
9 955
health
-
-
-
433
national
-
-
-
3 825
total
-
-
-
37 803
Employee
90 843
-
172 415
-
city
975
-
1 854
-
regional
2 975
-
8 629
-
health
205
-
389
-
pensions
7 632
-
14 351
-
unemployment
-
-
-
-
national
430
-
2 852
-
total
12 217
-
28 075
-
Employer
90 843
-
172 415
-
other

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

1 816
-
3 449
-
unemployment
-
-
-
-
pensions
7 632
-
14 351
-
health
205
-
389
-
total
9 653
-
18 189
-
Corporate
91 004
192 500
-
-
regional
19 248
40 714
-
-
national
7 736
16 363
-
-
total
26 984
57 077
-
-
Dividends
64 021
135 423
-
-
withholding
22 408
47 399
-
-
total
22 408
47 399
-
-
Income
192 500
192 500
192 500
192 500
Total tax
71 262
104 476
46 264
37 803
After tax
121 238
88 024
146 236
154 697
Living cost
77 626
77 626
77 626
77 626
Free-cash
43 612
10 398
68 610
77 071

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48541
₽65017
₽49743
₽74655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 912
income

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

-
-
-
61 003
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.

-
-
-
6 941
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.

-
-
-
3 355
total
-
-
-
96 211
Employee

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

61 064
-
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.

6 941
-
6 941
-
surtax

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

395
-
3 355
-
income

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

7 181
-
61 003
-
total
14 517
-
71 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 436
192 500
-
-
surtax

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

1 084
1 589
-
-
income
19 716
28 874
-
-
trade
22 542
33 014
-
-
chamber of commerce
339
426
-
-
total
43 681
63 903
-
-
Dividends
87 756
128 597
-
-
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.

1 186
1 747
-
-
withholding
21 553
31 763
-
-
total
22 739
33 510
-
-
Income
192 500
192 500
192 500
192 500
Total tax
80 937
97 413
71 299
96 211
After tax
111 563
95 087
121 201
96 289
Living cost
46 546
46 546
46 546
46 546
Free-cash
65 017
48 541
74 655
49 743

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62258
₽68259
₽73496
₽69484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 190
pensions
-
-
-
33 036
other
-
-
-
5 968
health
-
-
-
8 563
surtax
-
-
-
-
social contributions
-
-
-
5 484
total
-
-
-
84 241
Employee
43 486
-
148 410
-
social contributions
1 240
-
4 228
-
surtax
-
-
-
-
income
2 566
-
29 377
-
pensions
4 917
-
10 559
-
total
8 723
-
44 164
-
Employer
43 486
-
148 410
-
other
1 500
-
5 891
-
social contributions
131
-
445
-
unemployment
1 760
-
6 010
-
pensions
7 144
-
17 730
-
health
3 045
-
14 013
-
total
13 580
-
44 089
-
Corporate
135 434
192 500
-
-
surtax
-
-
-
-
income
37 921
53 900
-
-
total
37 921
53 900
-
-
Dividends
97 513
138 600
-
-
surtax
-
-
-
-
social contributions
16 773
23 838
-
-
withholding
12 481
17 741
-
-
total
29 254
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 478
95 479
88 253
84 241
After tax
103 022
97 021
104 247
108 259
Living cost
34 763
34 763
34 763
34 763
Free-cash
68 259
62 258
69 484
73 496

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65702
₽71349
₽76940
₽72928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 190
pensions
-
-
-
33 036
other
-
-
-
5 968
health
-
-
-
8 563
surtax
-
-
-
-
social contributions
-
-
-
5 484
total
-
-
-
84 241
Employee
38 817
-
148 410
-
social contributions
1 107
-
4 228
-
surtax
-
-
-
-
income
2 001
-
29 377
-
pensions
4 390
-
10 559
-
total
7 498
-
44 164
-
Employer
38 817
-
148 410
-
other
1 340
-
5 891
-
social contributions
116
-
445
-
unemployment
1 571
-
6 010
-
pensions
6 378
-
17 730
-
health
2 717
-
14 013
-
total
12 122
-
44 089
-
Corporate
141 560
192 500
-
-
surtax
-
-
-
-
income
39 637
53 900
-
-
total
39 637
53 900
-
-
Dividends
101 923
138 600
-
-
surtax
-
-
-
-
social contributions
17 529
23 838
-
-
withholding
13 046
17 741
-
-
total
30 575
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 832
95 479
88 253
84 241
After tax
102 668
97 021
104 247
108 259
Living cost
31 319
31 319
31 319
31 319
Free-cash
71 349
65 702
72 928
76 940

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95898
₽96425
₽102080
₽97712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 874
health
-
-
-
13 437
social contributions
-
-
-
26 564
total
-
-
-
68 875
Employee
34 451
-
192 500
-
social contributions
4 755
-
26 564
-
health
2 404
-
13 437
-
income
5 746
-
33 242
-
total
12 905
-
73 243
-
Employer
34 451
-
192 500
-
total
-
-
-
-
Corporate
158 049
192 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

7 902
9 625
-
-
total
7 902
9 625
-
-
Dividends
150 148
182 875
-
-
health
10 480
12 764
-
-
social contributions
20 720
25 236
-
-
withholding
22 523
27 432
-
-
total
53 723
65 432
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 530
75 057
73 243
68 875
After tax
117 970
117 443
119 257
123 625
Living cost
21 545
21 545
21 545
21 545
Free-cash
96 425
95 898
97 712
102 080

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70576
₽69007
₽63035
₽15044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
769
income
-
-
-
55 421
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
93 663
Employee
50 778
40 492
155 456
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
45 212
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
66 709
-
Employer
50 778
40 492
155 456
-
accident
659
526
1 543
-
other
2 412
1 922
7 071
-
chamber of commerce
202
162
621
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
4 664
-
health
1 919
1 531
4 487
-
total
14 812
11 855
37 045
-
Corporate
126 910
140 154
151 600
-
income

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

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

31 728
35 039
37 900
-
total
31 728
35 039
37 900
-
Dividends
95 181
105 115
-
-
withholding
26 175
28 907
-
-
total
26 175
28 907
-
-
Income
192 500
192 500
192 500
192 500
Total tax
87 691
86 122
141 654
93 663
After tax
104 809
106 378
50 846
98 837
Living cost
35 802
35 802
35 802
35 802
Free-cash
69 007
70 576
15 044
63 035

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70585
₽55345
₽46497
₽29974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
73 594
communal

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

-
-
-
10 030
social contributions
-
-
-
25 332
total
-
-
-
108 956
Employee

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

72 680
-
149 101
-
communal

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

3 791
-
7 776
-
health

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

3 415
-
7 007
-
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.

5 451
-
11 183
-
unemployment

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

632
-
1 298
-
national
22 345
-
54 816
-
total
35 634
-
82 080
-
Employer

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

72 680
-
149 101
-
accident

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

945
-
1 938
-
unemployment

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

1 060
-
2 177
-
surtax
8 241
-
16 906
-
pensions

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

6 440
-
13 210
-
health

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

4 470
-
9 168
-
total
21 156
-
43 399
-
Corporate
98 664
192 500
-
-
surtax
395
769
-
-
income
19 733
38 500
-
-
total
20 128
39 269
-
-
Dividends
78 536
153 231
-
-
withholding

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

23 190
45 599
-
-
total
23 190
45 599
-
-
Income
192 500
192 500
192 500
192 500
Total tax
100 108
84 868
125 479
108 956
After tax
92 392
107 632
67 021
83 544
Living cost
37 047
37 047
37 047
37 047
Free-cash
55 345
70 585
29 974
46 497

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91458
₽84497
₽71187
₽66922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
56 367
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
84 619
Employee
50 577
-
162 476
-
other
50
-
94
-
income
10 671
-
52 879
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
58 860
-
Employer
50 577
-
162 476
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
125 801
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.

18 871
28 874
-
-
total
18 871
28 874
-
-
Dividends
106 930
163 626
-
-
withholding
22 434
35 474
-
-
total
22 434
35 474
-
-
Income
192 500
192 500
192 500
192 500
Total tax
71 309
64 348
88 884
84 619
After tax
121 191
128 152
103 616
107 881
Living cost
36 694
36 694
36 694
36 694
Free-cash
84 497
91 458
66 922
71 187

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56417
₽42986
₽38443
₽46117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 129
pensions
-
-
-
28 853
health
-
-
-
13 524
surtax
-
-
-
9 543
communal
-
-
-
12 167
total
-
-
-
98 840
Employee
76 946
-
171 951
-
health
3 424
-
7 651
-
surtax
4 716
-
10 537
-
income
7 432
-
38 673
-
pensions
6 155
-
13 756
-
total
21 727
-
70 617
-
Employer
76 946
-
171 951
-
accident
692
-
1 548
-
pensions
6 155
-
13 756
-
health
2 347
-
5 245
-
total
9 194
-
20 549
-
Corporate
106 361
192 500
-
-
surtax
1 116
2 021
-
-
communal
7 179
12 994
-
-
income
15 954
28 874
-
-
total
24 249
43 889
-
-
Dividends
82 112
148 611
-
-
income
26 810
14 685
-
-
withholding
12 317
22 292
-
-
total
39 127
36 977
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 297
80 866
91 166
98 840
After tax
98 203
111 634
101 334
93 660
Living cost
55 217
55 217
55 217
55 217
Free-cash
42 986
56 417
46 117
38 443

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98260
₽95030
₽68094
₽61880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
55 715
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
8 889
total
-
-
-
101 584
Employee
34 217
-
163 955
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
7 674
-
income
5 736
-
49 639
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
79 253
-
Employer
34 217
-
163 955
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
151 079
192 500
-
-
income
39 281
50 050
-
-
total
39 281
50 050
-
-
Dividends
111 798
142 450
-
-
withholding
16 769
21 368
-
-
total
16 769
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 648
71 418
107 798
101 584
After tax
117 852
121 082
84 702
90 916
Living cost
22 822
22 822
22 822
22 822
Free-cash
95 030
98 260
61 880
68 094

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽73810
₽71556
₽63222
₽54573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 143
regional
-
-
-
2 903
national
-
-
-
48 349
social contributions
-
-
-
49 512
total
-
-
-
101 907
Employee
56 363
-
192 500
-
social contributions
19 006
-
64 912
-
regional
759
-
2 590
-
municipal
299
-
1 020
-
national
8 929
-
42 034
-
total
28 993
-
110 556
-
Employer
56 363
-
192 500
-
total
-
-
-
-
Corporate
136 137
192 500
-
-
nationa
32 673
46 201
-
-
municipal
6 766
9 568
-
-
total
39 439
55 769
-
-
Dividends
96 699
136 732
-
-
withholding
25 141
35 550
-
-
total
25 141
35 550
-
-
Income
192 500
192 500
192 500
192 500
Total tax
93 573
91 319
110 556
101 907
After tax
98 927
101 181
81 944
90 593
Living cost
27 371
27 371
27 371
27 371
Free-cash
71 556
73 810
54 573
63 222

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102625
₽91955
₽81096
₽73042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
19 738
health
-
-
-
25 988
solidarity contribution
-
-
-
838
social contributions
-
-
-
34 929
total
-
-
-
81 493
Employee
43 987
-
149 170
-
social contributions
2 859
-
7 775
-
health
5 938
-
20 138
-
solidarity contribution
-
-
115
-
income
5 278
-
18 189
-
total
14 075
-
46 217
-
Employer
43 987
-
149 170
-
social contributions
10 997
-
29 905
-
health
3 959
-
13 425
-
total
14 956
-
43 330
-
Corporate
133 557
192 500
-
-
income
25 376
36 575
-
-
total
25 376
36 575
-
-
Dividends
108 181
155 925
-
-
withholding
16 227
23 389
-
-
total
16 227
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 634
59 964
89 547
81 493
After tax
121 866
132 536
102 953
111 007
Living cost
29 911
29 911
29 911
29 911
Free-cash
91 955
102 625
73 042
81 096

Estimated living cost  is ₽29911 per week

₽22244
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.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74072
₽73573
₽66622
₽18482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
769
income
-
-
-
55 421
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
93 462
Employee
44 415
40 492
155 641
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
45 300
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
66 797
-
Employer
44 415
40 492
155 641
-
accident
577
526
1 543
-
other
2 109
1 922
7 078
-
chamber of commerce
177
162
623
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 670
-
health
1 679
1 531
4 487
-
total
12 780
11 654
36 859
-
Corporate
135 303
140 355
151 785
-
income

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

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

33 826
35 089
37 946
-
total
33 826
35 089
37 946
-
Dividends
101 477
105 266
-
-
withholding
27 906
28 948
-
-
total
27 906
28 948
-
-
Income
192 500
192 500
192 500
192 500
Total tax
86 511
86 012
141 602
93 462
After tax
105 989
106 488
50 898
99 038
Living cost
32 416
32 416
32 416
32 416
Free-cash
73 573
74 072
18 482
66 622

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168442
₽165736
₽176142
₽139567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
192 500
-
income
3 608
-
38 500
-
total
3 608
-
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%.

174 459
192 500
-
-
total
-
-
-
-
Dividends
174 459
192 500
-
-
withholding
8 723
9 625
-
-
total
8 723
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
12 331
9 625
38 500
1 925
After tax
180 169
182 875
154 000
190 575
Living cost
14 433
14 433
14 433
14 433
Free-cash
165 736
168 442
139 567
176 142

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽105283
₽96783
₽65927
₽60981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
192 500
income
-
-
-
44 935
pensions
-
-
-
35 154
unemployment
-
-
-
289
health
-
-
-
18 942
total
-
-
-
99 320
Employee

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

44 931
-
166 566
-
health
2 902
-
10 759
-
income
7 748
-
41 522
-
pensions
6 965
-
25 818
-
unemployment
64
-
233
-
total
17 679
-
78 332
-
Employer

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

44 931
-
166 566
-
unemployment
27
-
100
-
pensions
3 976
-
14 741
-
health
2 993
-
11 093
-
total
6 996
-
25 934
-
Corporate
140 574
192 500
-
-
income
26 709
36 575
-
-
total
26 709
36 575
-
-
Dividends
113 865
155 925
-
-
withholding
17 080
23 389
-
-
total
17 080
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 464
59 964
104 266
99 320
After tax
124 036
132 536
88 234
93 180
Living cost
27 253
27 253
27 253
27 253
Free-cash
96 783
105 283
60 981
65 927

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73224
₽24837
₽89140
₽135225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
37 522
social contributions
-
-
-
21 945
total
-
-
-
59 467
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
40 823
192 500
-
-
income
8 981
42 350
-
-
total
8 981
42 350
-
-
Dividends
31 842
150 150
-
-
income
7 005
33 033
-
-
total
7 005
33 033
-
-
Income
192 500
192 500
192 500
192 500
Total tax
123 770
75 383
13 382
59 467
After tax
68 730
117 117
179 118
133 033
Living cost
43 893
43 893
43 893
43 893
Free-cash
24 837
73 224
135 225
89 140

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77623
₽76601
₽70355
₽55760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income
-
-
-
23 380
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
90 274
Employee
46 731
-
155 556
-
social contributions
5 141
-
17 111
-
surtax
-
-
-
-
income
9 720
-
50 814
-
total
14 861
-
67 925
-
Employer
46 731
-
155 556
-
social contributions
11 099
-
36 944
-
total
11 099
-
36 944
-
Corporate
134 670
192 500
-
-
surtax
-
-
-
-
income
28 280
40 424
-
-
total
28 280
40 424
-
-
Dividends
106 390
152 076
-
-
withholding
29 788
42 582
-
-
total
29 788
42 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 028
83 006
104 869
90 274
After tax
108 472
109 494
87 631
102 226
Living cost
31 871
31 871
31 871
31 871
Free-cash
76 601
77 623
55 760
70 355

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47946
₽54933
₽59184
₽55172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
31 190
pensions
-
-
-
33 036
other
-
-
-
5 968
health
-
-
-
8 563
surtax
-
-
-
-
social contributions
-
-
-
5 484
total
-
-
-
84 241
Employee
63 638
-
148 410
-
social contributions
1 812
-
4 228
-
surtax
-
-
-
-
income
5 553
-
29 377
-
pensions
7 198
-
10 559
-
total
14 563
-
44 164
-
Employer
63 638
-
148 410
-
other
2 196
-
5 891
-
social contributions
191
-
445
-
unemployment
2 578
-
6 010
-
pensions
10 456
-
17 730
-
health
4 454
-
14 013
-
total
19 875
-
44 089
-
Corporate
108 986
192 500
-
-
surtax
-
-
-
-
income
30 515
53 900
-
-
total
30 515
53 900
-
-
Dividends
78 471
138 600
-
-
surtax
-
-
-
-
social contributions
13 495
23 838
-
-
withholding
10 044
17 741
-
-
total
23 539
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 492
95 479
88 253
84 241
After tax
104 008
97 021
104 247
108 259
Living cost
49 074
49 074
49 074
49 074
Free-cash
54 933
47 946
55 172
59 184

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142707
₽139295
₽110763
₽115879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
8 845
social contributions
-
-
-
42 350
total
-
-
-
51 195
Employee
32 665
-
166 666
-
income
-
-
9 413
-
social contributions
2 123
-
10 832
-
total
2 123
-
20 245
-
Employer
32 665
-
166 666
-
social contributions
5 063
-
25 834
-
total
5 063
-
25 834
-
Corporate
154 771
192 500
-
-
income
15 477
19 251
-
-
total
15 477
19 251
-
-
Dividends
139 294
173 249
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
22 663
19 251
46 079
51 195
After tax
169 837
173 249
146 421
141 305
Living cost
30 542
30 542
30 542
30 542
Free-cash
139 295
142 707
115 879
110 763

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28852
-₽28852
₽63821
-₽28852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 501
pensions
-
-
-
881
national
-
-
-
23 039
labour market
-
-
-
15 330
total
-
-
-
79 751
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
172 424
172 424
172 424
79 751
After tax
20 076
20 076
20 076
112 749
Living cost
48 928
48 928
48 928
48 928
Free-cash
-28 852
-28 852
-28 852
63 821

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6270
₽12239
₽109677
₽83222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
53 935
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 961
Employee
34 391
-
174 210
-
health
3 938
-
19 947
-
income
4 718
-
41 485
-
pensions
3 873
-
7 695
-
total
12 529
-
69 127
-
Employer
34 391
-
174 210
-
accident
574
-
2 909
-
unemployment
843
-
4 268
-
pensions
5 592
-
11 112
-
total
7 009
-
18 289
-
Corporate
151 100
192 500
-
-
income

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

135 990
173 250
-
-
total
135 990
173 250
-
-
Dividends
15 110
19 250
-
-
withholding
2 871
3 658
-
-
total
2 871
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
158 399
176 908
87 416
60 961
After tax
34 101
15 592
105 084
131 539
Living cost
21 862
21 862
21 862
21 862
Free-cash
12 239
-6 270
83 222
109 677

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80776
₽83654
₽83188
₽61114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
34 192
health
-
-
-
2 541
national
-
-
-
33 570
total
-
-
-
70 303
Employee
53 457
-
161 940
-
health
399
-
2 069
-
municipal
8 756
-
26 372
-
pensions
3 608
-
10 931
-
unemployment
802
-
2 429
-
national
883
-
20 016
-
total
14 448
-
61 817
-
Employer
53 457
-
161 940
-
accident
54
-
162
-
unemployment
347
-
1 053
-
pensions
9 275
-
28 097
-
health
411
-
1 248
-
total
10 087
-
30 560
-
Corporate
128 957
192 500
-
-
income
25 791
38 500
-
-
total
25 791
38 500
-
-
Dividends

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

77 374
115 500
-
-
national
5 584
13 425
-
-
municipal
13 927
20 790
-
-
total
19 511
34 215
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 837
72 715
92 377
70 303
After tax
122 663
119 785
100 123
122 197
Living cost
39 009
39 009
39 009
39 009
Free-cash
83 654
80 776
61 114
83 188

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116863
₽111332
₽107372
₽105713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
40 254
health
-
-
-
4 909
social contributions
-
-
-
16 440
total
-
-
-
61 603
Employee
78 130
78 130
180 416
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
3 068
-
income
8 507
7 233
39 364
-
total
12 066
15 046
51 178
-
Employer
78 130
78 130
180 416
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
3 338
-
total
3 612
7 930
12 084
-
Corporate
153 297
106 439
-
-
income
19 162
13 304
-
-
total
19 162
13 304
-
-
Dividends
134 135
93 135
-
-
withholding
22 803
15 832
-
-
total
22 803
15 832
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 643
52 112
63 262
61 603
After tax
134 857
140 388
129 238
130 897
Living cost
23 525
23 525
23 525
23 525
Free-cash
111 332
116 863
105 713
107 372

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143276
₽138106
₽146503
₽126122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
192 500
income
-
-
-
19 696
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
29 865
Employee

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

23 322
-
182 570
-
health
1 982
-
8 195
-
income
1 595
-
17 178
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
40 316
-
Employer

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

23 322
-
182 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
166 777
192 500
-
-
income
15 011
17 325
-
-
total
15 011
17 325
-
-
Dividends
151 766
175 175
-
-
withholding
13 659
15 767
-
-
total
13 659
15 767
-
-
Income
192 500
192 500
192 500
192 500
Total tax
38 262
33 092
50 246
29 865
After tax
154 238
159 408
142 254
162 635
Living cost
16 132
16 132
16 132
16 132
Free-cash
138 106
143 276
126 122
146 503

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100211
₽95723
₽79940
₽75675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
56 367
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
84 619
Employee
37 570
-
162 476
-
other
37
-
94
-
income
7 243
-
52 879
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
58 860
-
Employer
37 570
-
162 476
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
142 952
192 500
-
-
income

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

21 443
28 874
-
-
total
21 443
28 874
-
-
Dividends
121 509
163 626
-
-
withholding
25 787
35 474
-
-
total
25 787
35 474
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 836
64 348
88 884
84 619
After tax
123 664
128 152
103 616
107 881
Living cost
27 941
27 941
27 941
27 941
Free-cash
95 723
100 211
75 675
79 940

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117339
₽116883
₽120710
₽120513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 509
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
69 009
Employee
4 236
-
190 218
-
health
212
-
507
-
income
820
-
65 402
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
66 923
-
Employer
4 236
-
190 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
187 310
192 500
-
-
income
41 208
42 350
-
-
total
41 208
42 350
-
-
Dividends
146 102
150 150
-
-
withholding
29 220
30 030
-
-
total
29 220
30 030
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 836
72 380
69 206
69 009
After tax
119 664
120 120
123 294
123 491
Living cost
2 781
2 781
2 781
2 781
Free-cash
116 883
117 339
120 513
120 710

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽121523
₽116525
₽102696
₽102695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
192 500
income
-
-
-
43 884
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
72 246
Employee

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

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

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

26 477
-
179 069
-
health
1 364
-
3 864
-
income
3 650
-
43 884
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
58 816
-
Employer

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

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

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

26 477
-
179 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
161 284
192 500
-
-
income
24 193
28 875
-
-
total
24 193
28 875
-
-
Dividends
137 091
163 625
-
-
withholding
20 564
24 544
-
-
total
20 564
24 544
-
-
Income
192 500
192 500
192 500
192 500
Total tax
58 417
53 419
72 247
72 246
After tax
134 083
139 081
120 253
120 254
Living cost
17 558
17 558
17 558
17 558
Free-cash
116 525
121 523
102 695
102 696

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽82102
₽81738
₽74834
₽60239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income
-
-
-
23 380
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
90 274
Employee
39 436
-
155 556
-
social contributions
4 338
-
17 111
-
surtax
-
-
-
-
income
7 705
-
50 814
-
total
12 043
-
67 925
-
Employer
39 436
-
155 556
-
social contributions
9 365
-
36 944
-
total
9 365
-
36 944
-
Corporate
143 699
192 500
-
-
surtax
-
-
-
-
income
30 176
40 424
-
-
total
30 176
40 424
-
-
Dividends
113 523
152 076
-
-
withholding
31 786
42 582
-
-
total
31 786
42 582
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 370
83 006
104 869
90 274
After tax
109 130
109 494
87 631
102 226
Living cost
27 392
27 392
27 392
27 392
Free-cash
81 738
82 102
60 239
74 834

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92443
₽85793
₽72172
₽67907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
56 367
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
84 619
Employee
49 071
-
162 476
-
other
48
-
94
-
income
10 249
-
52 879
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
58 860
-
Employer
49 071
-
162 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
127 784
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.

19 168
28 874
-
-
total
19 168
28 874
-
-
Dividends
108 616
163 626
-
-
withholding
22 822
35 474
-
-
total
22 822
35 474
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 998
64 348
88 884
84 619
After tax
121 502
128 152
103 616
107 881
Living cost
35 709
35 709
35 709
35 709
Free-cash
85 793
92 443
67 907
72 172

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147109
₽140916
₽136669
₽144365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 352
Employee
23 145
-
185 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
18 554
-
pensions

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

2 032
-
3 116
-
total
5 666
-
23 693
-
Employer
23 145
-
185 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
164 814
192 500
-
-
income
16 481
19 250
-
-
total
16 481
19 250
-
-
Dividends
148 333
173 250
-
-
withholding
7 417
8 662
-
-
total
7 417
8 662
-
-
Income
192 500
192 500
192 500
192 500
Total tax
34 105
27 912
30 656
38 352
After tax
158 395
164 588
161 844
154 148
Living cost
17 479
17 479
17 479
17 479
Free-cash
140 916
147 109
144 365
136 669

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽59822
₽73115
₽61129
₽81974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
20 845
income

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

-
-
-
61 003
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.

-
-
-
6 941
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.

-
-
-
3 355
total
-
-
-
92 144
Employee

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

50 555
-
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.

6 941
-
6 941
-
surtax

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

229
-
3 355
-
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.

4 157
-
61 003
-
total
11 327
-
71 299
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 945
192 500
-
-
surtax

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

1 170
1 589
-
-
income
21 291
28 874
-
-
trade
20 369
27 623
-
-
chamber of commerce
362
436
-
-
total
43 192
58 522
-
-
Dividends
98 752
133 978
-
-
surtax

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

1 336
1 820
-
-
withholding
24 303
33 109
-
-
total
25 639
34 929
-
-
Income
192 500
192 500
192 500
192 500
Total tax
80 158
93 451
71 299
92 144
After tax
112 342
99 049
121 201
100 356
Living cost
39 227
39 227
39 227
39 227
Free-cash
73 115
59 822
81 974
61 129

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76872
₽79114
₽41987
₽41987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
60 205
social contributions
-
-
-
32 429
total
-
-
-
92 634
Employee
79 479
-
192 500
-
income
14 997
-
60 205
-
social contributions
6 603
-
32 429
-
total
21 600
-
92 634
-
Employer
79 479
-
192 500
-
total
-
-
-
-
Corporate
113 021
192 500
-
-
income
14 128
24 062
-
-
total
14 128
24 062
-
-
Dividends
98 893
168 438
-
-
withholding
19 779
33 687
-
-
total
19 779
33 687
-
-
Income
192 500
192 500
192 500
192 500
Total tax
55 507
57 749
92 634
92 634
After tax
136 993
134 751
99 866
99 866
Living cost
57 879
57 879
57 879
57 879
Free-cash
79 114
76 872
41 987
41 987

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82875
₽86424
₽119882
₽99162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
187 826
-
income
5 058
-
47 107
-
social contributions
4 670
-
4 674
-
total
9 728
-
51 781
-
Employer
46 611
-
187 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
141 219
192 500
-
-
income
49 427
67 374
-
-
total
49 427
67 374
-
-
Dividends
91 792
125 126
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 193
72 742
56 455
35 735
After tax
123 307
119 758
136 045
156 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
86 424
82 875
99 162
119 882

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86689
₽92745
₽88736
₽71379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
56 328
pensions
-
-
-
9 449
total
-
-
-
65 777
Employee
52 143
-
168 045
-
health
680
-
2 388
-
income
9 496
-
44 758
-
pensions
3 980
-
11 532
-
total
14 156
-
58 678
-
Employer
52 143
-
168 045
-
pensions
5 268
-
21 262
-
health
991
-
3 194
-
total
6 259
-
24 456
-
Corporate
134 098
192 500
-
-
income

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

25 478
36 575
-
-
total
25 478
36 575
-
-
Dividends
108 620
155 925
-
-
withholding
15 875
31 249
-
-
total
15 875
31 249
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 768
67 824
83 134
65 777
After tax
130 732
124 676
109 366
126 723
Living cost
37 987
37 987
37 987
37 987
Free-cash
92 745
86 689
71 379
88 736

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8435
₽11907
₽107512
₽81057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
53 935
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
60 961
Employee
37 795
-
174 210
-
health
4 327
-
19 947
-
income
5 185
-
41 485
-
pensions
4 256
-
7 695
-
total
13 768
-
69 127
-
Employer
37 795
-
174 210
-
accident
631
-
2 909
-
unemployment
926
-
4 268
-
pensions
6 145
-
11 112
-
total
7 702
-
18 289
-
Corporate
147 003
192 500
-
-
income

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

132 303
173 250
-
-
total
132 303
173 250
-
-
Dividends
14 700
19 250
-
-
withholding
2 793
3 658
-
-
total
2 793
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
156 566
176 908
87 416
60 961
After tax
35 934
15 592
105 084
131 539
Living cost
24 027
24 027
24 027
24 027
Free-cash
11 907
-8 435
81 057
107 512

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133568
₽143550
₽102268
₽124562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
31 949
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
76 537
Employee

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

21 911
-
192 500
-
work injury
110
-
405
-
income
2 191
-
31 949
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
54 243
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 589
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%.

1 706
19 250
-
-
total
1 706
19 250
-
-
Dividends
168 883
173 250
-
-
withholding
25 332
25 987
-
-
total
25 332
25 987
-
-
Income
192 500
192 500
192 500
192 500
Total tax
35 255
45 237
54 243
76 537
After tax
157 245
147 263
138 257
115 963
Living cost
13 695
13 695
13 695
13 695
Free-cash
143 550
133 568
124 562
102 268

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽60918
₽56295
₽48451
₽40000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 286
regional
-
-
-
4 424
national
-
-
-
48 349
social contributions
-
-
-
49 512
total
-
-
-
103 571
Employee
85 620
-
192 500
-
social contributions
28 871
-
64 912
-
regional
1 293
-
3 927
-
municipal
511
-
1 149
-
national
14 469
-
42 034
-
total
45 144
-
112 022
-
Employer
85 620
-
192 500
-
total
-
-
-
-
Corporate
106 880
192 500
-
-
nationa
25 650
46 201
-
-
municipal
5 152
9 278
-
-
total
30 802
55 479
-
-
Dividends
76 078
137 021
-
-
withholding
19 781
35 625
-
-
total
19 781
35 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 727
91 104
112 022
103 571
After tax
96 773
101 396
80 478
88 929
Living cost
40 478
40 478
40 478
40 478
Free-cash
56 295
60 918
40 000
48 451

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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