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
₽68610
₽91698
₽68254
₽78993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income

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

-
-
-
62 511
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.

-
-
-
3 439
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.

-
-
-
6 414
trade
-
-
-
23 444
total
-
-
-
95 808
Employee

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

35 910
-
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.

55
-
3 439
-
income

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

1 003
-
62 511
-
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.

6 414
-
6 414
-
total
7 472
-
72 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 590
192 500
-
-
income
23 488
28 874
-
-
surtax

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

1 292
1 587
-
-
chamber of commerce
367
419
-
-
trade
24 662
30 319
-
-
total
49 809
61 199
-
-
Dividends
106 781
131 300
-
-
surtax

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

1 449
1 785
-
-
withholding
26 339
32 468
-
-
total
27 788
34 253
-
-
Income
192 500
192 500
192 500
192 500
Total tax
85 069
95 452
72 364
95 808
After tax
107 431
97 048
120 136
96 692
Living cost
28 438
28 438
28 438
28 438
Free-cash
78 993
68 610
91 698
68 254

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70169
₽62856
₽61824
₽69339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
2 069
municipal
-
-
-
21 222
national
-
-
-
34 334
pensions
-
-
-
23 100
total
-
-
-
80 725
Employee
77 434
-
166 415
-
municipal
9 564
-
21 968
-
pensions
3 097
-
6 657
-
national
14 821
-
35 966
-
total
27 482
-
64 591
-
Employer
77 434
-
166 415
-
pensions
6 195
-
13 313
-
social contributions
832
-
1 789
-
total
7 027
-
15 102
-
Corporate
102 929
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%.

20 586
38 500
-
-
total
20 586
38 500
-
-
Dividends
82 343
154 000
-
-
withholding
18 115
33 880
-
-
total
18 115
33 880
-
-
Income
192 500
192 500
192 500
192 500
Total tax
73 210
72 380
79 693
80 725
After tax
119 290
120 120
112 807
111 775
Living cost
49 951
49 951
49 951
49 951
Free-cash
69 339
70 169
62 856
61 824

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134466
₽63178
₽49224
₽126766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
192 500
income
-
-
-
38 682
surtax
-
-
-
49 088
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
123 743
Employee
27 434
-
149 139
-
surtax
-
-
21 624
-
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.

3 018
-
12 308
-
income
4 884
-
32 496
-
total
7 902
-
66 428
-
Employer
27 434
-
149 139
-
social contributions

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

6 608
-
26 955
-
surtax
-
-
16 406
-
total
6 608
-
43 361
-
Corporate
158 457
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%.

31 691
38 501
-
-
total
31 691
38 501
-
-
Dividends

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

126 766
153 999
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
46 201
38 501
109 789
123 743
After tax
146 299
153 999
82 711
68 757
Living cost
19 533
19 533
19 533
19 533
Free-cash
126 766
134 466
63 178
49 224

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56380
₽83816
₽65058
₽50629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 534
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
88 111
Employee
80 176
80 176
175 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
29 328
-
health
12 306
10 467
11 577
-
total
39 862
34 591
51 905
-
Employer
80 176
80 176
175 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
99 267
98 284
-
-
income
19 853
19 657
-
-
total
19 853
19 657
-
-
Dividends
79 414
78 626
-
-
income
16 874
16 709
-
-
withholding
11 912
11 793
-
-
total
28 786
28 502
-
-
Income
192 500
192 500
192 500
192 500
Total tax
102 540
96 789
69 353
88 111
After tax
89 960
95 711
123 147
104 389
Living cost
39 331
39 331
39 331
39 331
Free-cash
50 629
56 380
83 816
65 058

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67342
₽58577
₽59493
₽66492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
50 254
national
-
-
-
21 014
pensions
-
-
-
8 947
total
-
-
-
95 244
Employee
53 808
-
166 496
-
municipal
16 046
-
49 649
-
national
-
-
20 507
-
total
16 046
-
70 156
-
Employer
53 808
-
166 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
121 785
192 500
-
-
income
26 793
42 350
-
-
total
26 793
42 350
-
-
Dividends
94 992
150 150
-
-
withholding
28 498
45 045
-
-
total
28 498
45 045
-
-
Income
192 500
192 500
192 500
192 500
Total tax
88 245
87 395
96 160
95 244
After tax
104 255
105 105
96 340
97 256
Living cost
37 763
37 763
37 763
37 763
Free-cash
66 492
67 342
58 577
59 493

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59175
₽83253
₽58767
₽72363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income

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

-
-
-
62 511
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.

-
-
-
3 439
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.

-
-
-
6 414
trade
-
-
-
24 486
total
-
-
-
96 850
Employee

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

47 612
-
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.

224
-
3 439
-
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.

4 091
-
62 511
-
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.

6 414
-
6 414
-
total
10 729
-
72 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 888
192 500
-
-
income
21 733
28 874
-
-
surtax

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

1 196
1 587
-
-
chamber of commerce
349
417
-
-
trade
23 834
31 666
-
-
total
47 112
62 544
-
-
Dividends
97 776
129 955
-
-
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.

1 326
1 767
-
-
withholding
24 087
32 131
-
-
total
25 413
33 898
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 254
96 442
72 364
96 850
After tax
109 246
96 058
120 136
95 650
Living cost
36 883
36 883
36 883
36 883
Free-cash
72 363
59 175
83 253
58 767

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109889
₽98142
₽99762
₽105995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 185
social contributions
-
-
-
15 191
health
-
-
-
4 909
total
-
-
-
62 285
Employee
72 195
72 195
181 069
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
41 312
-
health
718
1 228
3 079
-
total
11 807
13 903
52 473
-
Employer
72 195
72 195
181 069
-
health
782
1 336
3 350
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
11 432
-
Corporate
145 950
112 977
-
-
income
18 245
14 122
-
-
total
18 245
14 122
-
-
Dividends
127 705
98 855
-
-
withholding
21 710
16 805
-
-
total
21 710
16 805
-
-
Income
192 500
192 500
192 500
192 500
Total tax
56 052
52 158
63 905
62 285
After tax
136 448
140 342
128 595
130 215
Living cost
30 453
30 453
30 453
30 453
Free-cash
105 995
109 889
98 142
99 762

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91250
₽94770
₽116530
₽91601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
23 533
unemployment
-
-
-
2 888
health
-
-
-
13 475
pensions
-
-
-
19 250
total
-
-
-
59 146
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
161 088
-
unemployment
364
145
2 416
-
pensions
2 429
967
16 109
-
income
2 969
1 182
19 693
-
health
1 700
677
11 276
-
total
7 462
2 971
49 494
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
161 088
-
pensions
4 736
1 885
31 412
-
total
4 736
1 885
31 412
-
Corporate
163 479
180 950
-
-
income
14 713
16 285
-
-
total
14 713
16 285
-
-
Dividends
148 766
164 664
-
-
social contributions
28 899
31 999
-
-
withholding
28 265
31 286
-
-
total
57 164
63 285
-
-
Income
192 500
192 500
192 500
192 500
Total tax
84 075
84 426
80 906
59 146
After tax
108 425
108 074
111 594
133 354
Living cost
16 824
16 824
16 824
16 824
Free-cash
91 601
91 250
94 770
116 530

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131322
₽88278
₽80501
₽125490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
25 026
pensions
-
-
-
38 501
total
-
-
-
89 322
Employee
26 635
-
143 872
-
unemployment
426
-
2 302
-
pensions
533
-
2 877
-
income
2 999
-
27 739
-
total
3 958
-
32 918
-
Employer
26 635
-
143 872
-
health
3 462
-
18 702
-
pensions
5 327
-
28 774
-
unemployment
214
-
1 151
-
total
9 003
-
48 627
-
Corporate
156 863
192 500
-
-
income
31 372
38 501
-
-
total
31 372
38 501
-
-
Dividends
125 490
153 999
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
44 333
38 501
81 545
89 322
After tax
148 167
153 999
110 955
103 178
Living cost
22 677
22 677
22 677
22 677
Free-cash
125 490
131 322
88 278
80 501

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5339
₽84507
₽110572
₽12382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
54 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 997
Employee
32 926
-
174 816
-
pensions
3 708
-
7 259
-
income
4 517
-
42 103
-
health
3 770
-
20 016
-
total
11 995
-
69 378
-
Employer
32 926
-
174 816
-
pensions
5 354
-
10 482
-
accident
550
-
2 919
-
unemployment
807
-
4 283
-
total
6 711
-
17 684
-
Corporate
152 864
192 500
-
-
income

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

137 577
173 250
-
-
total
137 577
173 250
-
-
Dividends
15 286
19 250
-
-
withholding
2 904
3 658
-
-
total
2 904
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 187
176 908
87 062
60 997
After tax
33 313
15 592
105 438
131 503
Living cost
20 931
20 931
20 931
20 931
Free-cash
12 382
-5 339
84 507
110 572

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175324
₽146449
₽183024
₽173909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
192 500
microenterprise

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

-
-
-
1 925
total
-
-
-
1 925
Employee
9 438
-
192 500
-
income
1 887
-
38 500
-
total
1 887
-
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%.

183 062
192 500
-
-
total
-
-
-
-
Dividends
183 062
192 500
-
-
withholding
9 153
9 625
-
-
total
9 153
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 040
9 625
38 500
1 925
After tax
181 460
182 875
154 000
190 575
Living cost
7 551
7 551
7 551
7 551
Free-cash
173 909
175 324
146 449
183 024

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116412
₽86202
₽87834
₽110074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 320
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
79 649
Employee
34 090
-
156 413
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
31 775
-
health
477
-
1 999
-
total
9 072
-
45 195
-
Employer
34 090
-
156 413
-
health
477
-
1 999
-
pensions

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

5 796
-
24 272
-
accident
273
-
1 251
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 086
-
Corporate
149 819
192 500
-
-
income
31 461
40 425
-
-
total
31 461
40 425
-
-
Dividends
118 358
152 075
-
-
withholding
8 285
10 646
-
-
total
8 285
10 646
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 409
51 071
81 281
79 649
After tax
135 091
141 429
111 219
112 851
Living cost
25 017
25 017
25 017
25 017
Free-cash
110 074
116 412
86 202
87 834

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60145
₽45381
₽62658
₽67728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
57 840
pensions
-
-
-
9 006
total
-
-
-
66 846
Employee
89 130
-
167 914
-
pensions
8 599
-
10 883
-
income
16 067
-
46 321
-
health
1 469
-
2 332
-
total
26 135
-
59 536
-
Employer
89 130
-
167 914
-
health
1 693
-
3 191
-
pensions
10 524
-
21 396
-
total
12 217
-
24 587
-
Corporate
91 153
192 500
-
-
income

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

17 320
36 575
-
-
total
17 320
36 575
-
-
Dividends
73 834
155 925
-
-
withholding
6 104
32 784
-
-
total
6 104
32 784
-
-
Income
192 500
192 500
192 500
192 500
Total tax
61 776
69 359
84 123
66 846
After tax
130 724
123 141
108 377
125 654
Living cost
62 996
62 996
62 996
62 996
Free-cash
67 728
60 145
45 381
62 658

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152277
₽150399
₽142558
₽147918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
37 632
Employee
16 300
-
186 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
18 606
-
health
750
-
1 509
-
total
3 990
-
23 356
-
Employer
16 300
-
186 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
173 001
192 500
-
-
income
17 300
19 250
-
-
total
17 300
19 250
-
-
Dividends
155 701
173 250
-
-
withholding
7 785
8 663
-
-
total
7 785
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
32 272
27 913
29 791
37 632
After tax
160 228
164 587
162 709
154 868
Living cost
12 310
12 310
12 310
12 310
Free-cash
147 918
152 277
150 399
142 558

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43649
₽71085
₽52327
₽46008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 534
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
88 111
Employee
87 046
80 176
175 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
29 328
-
health
10 859
10 467
11 577
-
total
34 983
34 591
51 905
-
Employer
87 046
80 176
175 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
90 213
98 284
-
-
income
18 043
19 657
-
-
total
18 043
19 657
-
-
Dividends
72 170
78 626
-
-
income
15 337
16 709
-
-
withholding
10 826
11 793
-
-
total
26 163
28 502
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 430
96 789
69 353
88 111
After tax
98 070
95 711
123 147
104 389
Living cost
52 062
52 062
52 062
52 062
Free-cash
46 008
43 649
71 085
52 327

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109546
₽80820
₽89016
₽101345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 015
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
1 409
health
-
-
-
25 988
total
-
-
-
80 494
Employee
33 809
-
150 620
-
solidarity contribution
-
-
674
-
social contributions
2 198
-
7 364
-
income
4 057
-
18 438
-
health
4 564
-
20 334
-
total
10 819
-
46 810
-
Employer
33 809
-
150 620
-
health
3 043
-
13 556
-
social contributions
8 452
-
28 324
-
total
11 495
-
41 880
-
Corporate
147 195
192 500
-
-
income
27 967
36 575
-
-
total
27 967
36 575
-
-
Dividends
119 228
155 925
-
-
withholding
17 884
23 389
-
-
total
17 884
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 165
59 964
88 690
80 494
After tax
124 335
132 536
103 810
112 006
Living cost
22 990
22 990
22 990
22 990
Free-cash
101 345
109 546
80 820
89 016

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63089
₽43969
₽51983
₽58188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
46 991
regional
-
-
-
2 345
municipal
-
-
-
1 163
national
-
-
-
50 401
total
-
-
-
100 900
Employee
83 442
-
192 500
-
municipal
442
-
1 048
-
national
14 458
-
44 170
-
regional
787
-
2 090
-
social contributions
28 137
-
61 606
-
total
43 824
-
108 914
-
Employer
83 442
-
192 500
-
total
-
-
-
-
Corporate
109 058
192 500
-
-
municipal
4 253
7 508
-
-
nationa
26 173
46 199
-
-
total
30 426
53 707
-
-
Dividends
78 632
138 792
-
-
withholding
20 445
36 087
-
-
total
20 445
36 087
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 695
89 794
108 914
100 900
After tax
97 805
102 706
83 586
91 600
Living cost
39 617
39 617
39 617
39 617
Free-cash
58 188
63 089
43 969
51 983

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100364
₽64279
₽70017
₽97443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
58 064
other
-
-
-
-
surtax
-
-
-
9 530
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
101 765
Employee
31 048
-
166 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
8 406
-
income
5 204
-
52 448
-
health
793
-
3 195
-
total
10 330
-
81 128
-
Employer
31 048
-
166 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
154 917
192 500
-
-
income
40 279
50 050
-
-
total
40 279
50 050
-
-
Dividends
114 638
142 450
-
-
withholding
17 195
21 368
-
-
total
17 195
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 339
71 418
107 503
101 765
After tax
118 161
121 082
84 997
90 735
Living cost
20 718
20 718
20 718
20 718
Free-cash
97 443
100 364
64 279
70 017

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80104
₽65340
₽82617
₽86328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
57 840
pensions
-
-
-
9 006
total
-
-
-
66 846
Employee
59 733
-
167 914
-
pensions
5 070
-
10 883
-
income
10 758
-
46 321
-
health
867
-
2 332
-
total
16 695
-
59 536
-
Employer
59 733
-
167 914
-
health
1 135
-
3 191
-
pensions
6 466
-
21 396
-
total
7 601
-
24 587
-
Corporate
125 166
192 500
-
-
income

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

23 782
36 575
-
-
total
23 782
36 575
-
-
Dividends
101 385
155 925
-
-
withholding
15 057
32 784
-
-
total
15 057
32 784
-
-
Income
192 500
192 500
192 500
192 500
Total tax
63 135
69 359
84 123
66 846
After tax
129 365
123 141
108 377
125 654
Living cost
43 037
43 037
43 037
43 037
Free-cash
86 328
80 104
65 340
82 617

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13744
₽71805
₽79864
₽45526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
other

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

-
-
-
3 850
regional
-
-
-
10 188
health
-
-
-
433
city
-
-
-
2 030
national
-
-
-
4 145
pensions
-
-
-
17 710
total
-
-
-
38 356
Employee
86 926
-
172 651
-
unemployment
-
-
-
-
pensions
7 303
-
14 108
-
national
411
-
3 204
-
regional
2 846
-
8 904
-
city
933
-
1 860
-
health
197
-
389
-
total
11 690
-
28 465
-
Employer
86 926
-
172 651
-
health
197
-
389
-
pensions
7 303
-
14 108
-
unemployment
-
-
-
-
other

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

1 738
-
3 453
-
total
9 238
-
17 950
-
Corporate
95 380
192 500
-
-
regional
20 173
40 714
-
-
national
8 108
16 363
-
-
total
28 281
57 077
-
-
Dividends
67 100
135 423
-
-
withholding
23 485
47 399
-
-
total
23 485
47 399
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 694
104 476
46 415
38 356
After tax
119 806
88 024
146 085
154 144
Living cost
74 280
74 280
74 280
74 280
Free-cash
45 526
13 744
71 805
79 864

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52057
₽77125
₽51598
₽67284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income

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

-
-
-
62 511
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.

-
-
-
3 439
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.

-
-
-
6 414
trade
-
-
-
25 528
total
-
-
-
97 892
Employee

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

56 425
-
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.

365
-
3 439
-
income

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

6 635
-
62 511
-
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.

6 414
-
6 414
-
total
13 414
-
72 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 075
192 500
-
-
income
20 411
28 874
-
-
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.

1 122
1 587
-
-
chamber of commerce
333
413
-
-
trade
23 337
33 013
-
-
total
45 203
63 887
-
-
Dividends
90 872
128 612
-
-
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.

1 229
1 750
-
-
withholding
22 360
31 796
-
-
total
23 589
33 546
-
-
Income
192 500
192 500
192 500
192 500
Total tax
82 206
97 433
72 364
97 892
After tax
110 294
95 067
120 136
94 608
Living cost
43 010
43 010
43 010
43 010
Free-cash
67 284
52 057
77 125
51 598

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
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.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64899
₽70387
₽74837
₽70446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 362
other
-
-
-
5 967
surtax
-
-
-
-
social contributions
-
-
-
5 486
health
-
-
-
8 985
pensions
-
-
-
31 741
total
-
-
-
85 541
Employee
40 183
-
147 649
-
pensions
4 543
-
10 818
-
surtax
-
-
-
-
social contributions
1 146
-
4 207
-
income
2 371
-
30 115
-
total
8 060
-
45 140
-
Employer
40 183
-
147 649
-
health
2 813
-
14 315
-
pensions
6 601
-
18 117
-
unemployment
1 627
-
5 979
-
social contributions
121
-
444
-
other
1 386
-
5 996
-
total
12 548
-
44 851
-
Corporate
139 769
192 500
-
-
income
39 135
53 900
-
-
surtax
-
-
-
-
total
39 135
53 900
-
-
Dividends
100 634
138 600
-
-
surtax
-
-
-
-
social contributions
17 307
23 839
-
-
withholding
12 882
17 740
-
-
total
30 189
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 932
95 479
89 991
85 541
After tax
102 568
97 021
102 509
106 959
Living cost
32 122
32 122
32 122
32 122
Free-cash
70 446
64 899
70 387
74 837

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68081
₽73569
₽78019
₽73296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 362
other
-
-
-
5 967
surtax
-
-
-
-
social contributions
-
-
-
5 486
health
-
-
-
8 985
pensions
-
-
-
31 741
total
-
-
-
85 541
Employee
35 869
-
147 649
-
pensions
4 057
-
10 818
-
surtax
-
-
-
-
social contributions
1 023
-
4 207
-
income
1 849
-
30 115
-
total
6 929
-
45 140
-
Employer
35 869
-
147 649
-
health
2 510
-
14 315
-
pensions
5 894
-
18 117
-
unemployment
1 452
-
5 979
-
social contributions
107
-
444
-
other
1 238
-
5 996
-
total
11 201
-
44 851
-
Corporate
145 430
192 500
-
-
income
40 721
53 900
-
-
surtax
-
-
-
-
total
40 721
53 900
-
-
Dividends
104 709
138 600
-
-
surtax
-
-
-
-
social contributions
18 011
23 839
-
-
withholding
13 402
17 740
-
-
total
31 413
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
90 264
95 479
89 991
85 541
After tax
102 236
97 021
102 509
106 959
Living cost
28 940
28 940
28 940
28 940
Free-cash
73 296
68 081
73 569
78 019

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97535
₽98948
₽103716
₽98019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
26 565
health
-
-
-
13 436
total
-
-
-
68 875
Employee
31 834
-
192 500
-
social contributions
4 394
-
26 565
-
income
5 309
-
33 642
-
health
2 222
-
13 436
-
total
11 925
-
73 643
-
Employer
31 834
-
192 500
-
total
-
-
-
-
Corporate
160 666
192 500
-
-
income

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

8 034
9 625
-
-
total
8 034
9 625
-
-
Dividends
152 633
182 875
-
-
social contributions
21 063
25 236
-
-
withholding
22 895
27 431
-
-
health
10 655
12 764
-
-
total
54 613
65 431
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 572
75 056
73 643
68 875
After tax
117 928
117 444
118 857
123 625
Living cost
19 909
19 909
19 909
19 909
Free-cash
98 019
97 535
98 948
103 716

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73168
₽17582
₽65794
₽71713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
58 229
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
770
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
93 624
Employee
46 921
37 416
157 274
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
48 318
-
health
1 816
1 449
4 244
-
total
13 840
9 536
68 183
-
Employer
46 921
37 416
157 274
-
chamber of commerce
187
150
629
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
4 718
-
other
2 229
1 776
7 066
-
total
13 688
10 953
35 225
-
Corporate
131 892
144 130
153 711
-
income

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

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

32 974
36 033
38 428
-
total
32 974
36 033
38 428
-
Dividends
98 918
108 097
-
-
withholding
27 203
29 728
-
-
total
27 203
29 728
-
-
Income
192 500
192 500
192 500
192 500
Total tax
87 705
86 250
141 836
93 624
After tax
104 795
106 250
50 664
98 876
Living cost
33 082
33 082
33 082
33 082
Free-cash
71 713
73 168
17 582
65 794

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72450
₽32028
₽49398
₽59289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
communal

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

-
-
-
10 145
social contributions
-
-
-
23 408
national
-
-
-
75 316
total
-
-
-
108 869
Employee

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

67 159
-
149 096
-
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.

584
-
1 297
-
communal

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

3 503
-
7 777
-
pensions

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

5 037
-
11 182
-
national
20 647
-
55 573
-
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.

3 155
-
7 007
-
total
32 926
-
82 836
-
Employer

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

67 159
-
149 096
-
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.

4 130
-
9 170
-
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.

5 951
-
13 210
-
accident

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

873
-
1 938
-
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.

980
-
2 177
-
surtax
7 615
-
16 908
-
total
19 549
-
43 403
-
Corporate
105 793
192 500
-
-
income
21 158
39 789
-
-
surtax
424
796
-
-
total
21 582
40 585
-
-
Dividends
84 211
151 915
-
-
withholding

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

24 921
45 232
-
-
total
24 921
45 232
-
-
Income
192 500
192 500
192 500
192 500
Total tax
98 978
85 817
126 239
108 869
After tax
93 522
106 683
66 261
83 631
Living cost
34 233
34 233
34 233
34 233
Free-cash
59 289
72 450
32 028
49 398

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94081
₽69880
₽73821
₽87646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 665
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
84 772
Employee
46 735
-
164 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
55 442
-
total
12 829
-
60 969
-
Employer
46 735
-
164 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
130 868
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.

19 631
28 874
-
-
total
19 631
28 874
-
-
Dividends
111 237
163 626
-
-
withholding
23 590
35 638
-
-
total
23 590
35 638
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 947
64 512
88 713
84 772
After tax
121 553
127 988
103 787
107 728
Living cost
33 907
33 907
33 907
33 907
Free-cash
87 646
94 081
69 880
73 821

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59469
₽48789
₽41115
₽46722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
communal
-
-
-
12 165
accident
-
-
-
1 623
income
-
-
-
34 653
surtax
-
-
-
9 543
health
-
-
-
13 525
pensions
-
-
-
28 853
total
-
-
-
100 362
Employee
71 101
-
171 952
-
pensions
5 687
-
13 756
-
surtax
4 358
-
10 539
-
income
6 868
-
40 194
-
health
3 164
-
7 651
-
total
20 077
-
72 140
-
Employer
71 101
-
171 952
-
health
2 168
-
5 244
-
pensions
5 687
-
13 756
-
accident
640
-
1 548
-
total
8 495
-
20 548
-
Corporate
112 904
192 500
-
-
communal
7 620
12 994
-
-
income
16 935
28 874
-
-
surtax
1 185
2 020
-
-
total
25 740
43 888
-
-
Dividends
87 164
148 611
-
-
income
27 369
15 829
-
-
withholding
13 074
22 291
-
-
total
40 443
38 120
-
-
Income
192 500
192 500
192 500
192 500
Total tax
94 755
82 008
92 688
100 362
After tax
97 745
110 492
99 812
92 138
Living cost
51 023
51 023
51 023
51 023
Free-cash
46 722
59 469
48 789
41 115

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99994
₽63909
₽69647
₽97007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
58 064
other
-
-
-
-
surtax
-
-
-
9 530
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
101 765
Employee
31 618
-
166 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
8 406
-
income
5 301
-
52 448
-
health
807
-
3 195
-
total
10 530
-
81 128
-
Employer
31 618
-
166 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
154 225
192 500
-
-
income
40 099
50 050
-
-
total
40 099
50 050
-
-
Dividends
114 127
142 450
-
-
withholding
17 119
21 368
-
-
total
17 119
21 368
-
-
Income
192 500
192 500
192 500
192 500
Total tax
74 405
71 418
107 503
101 765
After tax
118 095
121 082
84 997
90 735
Living cost
21 088
21 088
21 088
21 088
Free-cash
97 007
99 994
63 909
69 647

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75892
₽57728
₽65701
₽73806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
46 991
regional
-
-
-
2 953
municipal
-
-
-
1 163
national
-
-
-
50 401
total
-
-
-
101 508
Employee
52 081
-
192 500
-
municipal
276
-
1 048
-
national
8 251
-
44 170
-
regional
701
-
2 657
-
social contributions
17 562
-
61 606
-
total
26 790
-
109 481
-
Employer
52 081
-
192 500
-
total
-
-
-
-
Corporate
140 419
192 500
-
-
municipal
6 979
9 568
-
-
nationa
33 701
46 199
-
-
total
40 680
55 767
-
-
Dividends
99 739
136 733
-
-
withholding
25 933
35 550
-
-
total
25 933
35 550
-
-
Income
192 500
192 500
192 500
192 500
Total tax
93 403
91 317
109 481
101 508
After tax
99 097
101 183
83 019
90 992
Living cost
25 291
25 291
25 291
25 291
Free-cash
73 806
75 892
57 728
65 701

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104206
₽75480
₽83676
₽94099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 015
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
1 409
health
-
-
-
25 988
total
-
-
-
80 494
Employee
41 662
-
150 620
-
solidarity contribution
-
-
674
-
social contributions
2 708
-
7 364
-
income
4 999
-
18 438
-
health
5 624
-
20 334
-
total
13 331
-
46 810
-
Employer
41 662
-
150 620
-
health
3 750
-
13 556
-
social contributions
10 416
-
28 324
-
total
14 166
-
41 880
-
Corporate
136 673
192 500
-
-
income
25 968
36 575
-
-
total
25 968
36 575
-
-
Dividends
110 705
155 925
-
-
withholding
16 606
23 389
-
-
total
16 606
23 389
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 071
59 964
88 690
80 494
After tax
122 429
132 536
103 810
112 006
Living cost
28 330
28 330
28 330
28 330
Free-cash
94 099
104 206
75 480
83 676

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76398
₽20758
₽69107
₽75933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
58 229
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
770
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
93 439
Employee
41 041
37 416
157 449
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
48 402
-
health
1 587
1 449
4 244
-
total
11 087
9 536
68 267
-
Employer
41 041
37 416
157 449
-
chamber of commerce
164
150
629
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
4 723
-
other
1 949
1 776
7 072
-
total
11 811
10 768
35 051
-
Corporate
139 648
144 316
153 885
-
income

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

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

34 912
36 079
38 470
-
total
34 912
36 079
38 470
-
Dividends
104 736
108 236
-
-
withholding
28 803
29 765
-
-
total
28 803
29 765
-
-
Income
192 500
192 500
192 500
192 500
Total tax
86 613
86 148
141 788
93 439
After tax
105 887
106 352
50 712
99 061
Living cost
29 954
29 954
29 954
29 954
Free-cash
75 933
76 398
20 758
69 107

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171108
₽142233
₽178808
₽168901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
192 500
microenterprise

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

-
-
-
1 925
total
-
-
-
1 925
Employee
14 709
-
192 500
-
income
2 942
-
38 500
-
total
2 942
-
38 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

177 791
192 500
-
-
total
-
-
-
-
Dividends
177 791
192 500
-
-
withholding
8 890
9 625
-
-
total
8 890
9 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
11 832
9 625
38 500
1 925
After tax
180 668
182 875
154 000
190 575
Living cost
11 767
11 767
11 767
11 767
Free-cash
168 901
171 108
142 233
178 808

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107354
₽61983
₽66163
₽99501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 769
unemployment
-
-
-
289
health
-
-
-
18 941
pensions
-
-
-
35 155
total
-
-
-
101 154
Employee

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

41 517
-
166 566
-
unemployment
59
-
233
-
pensions
6 435
-
25 817
-
income
7 160
-
42 589
-
health
2 681
-
10 760
-
total
16 335
-
79 399
-
Employer

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

41 517
-
166 566
-
health
2 765
-
11 093
-
pensions
3 674
-
14 742
-
unemployment
25
-
100
-
total
6 464
-
25 935
-
Corporate
144 519
192 500
-
-
income
27 458
36 575
-
-
total
27 458
36 575
-
-
Dividends
117 061
155 925
-
-
withholding
17 559
23 388
-
-
total
17 559
23 388
-
-
Income
192 500
192 500
192 500
192 500
Total tax
67 816
59 963
105 334
101 154
After tax
124 684
132 537
87 166
91 346
Living cost
25 183
25 183
25 183
25 183
Free-cash
99 501
107 354
61 983
66 163

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77016
₽140173
₽92932
₽32809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
53 926
192 500
-
-
income
11 864
42 350
-
-
total
11 864
42 350
-
-
Dividends
42 062
150 150
-
-
income
9 254
33 033
-
-
total
9 254
33 033
-
-
Income
192 500
192 500
192 500
192 500
Total tax
119 590
75 383
12 226
59 467
After tax
72 910
117 117
180 274
133 033
Living cost
40 101
40 101
40 101
40 101
Free-cash
32 809
77 016
140 173
92 932

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80044
₽57309
₽71903
₽79098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 253
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
91 147
Employee
43 181
-
155 555
-
surtax
-
-
-
-
social contributions
4 750
-
17 111
-
income
8 982
-
51 686
-
total
13 732
-
68 797
-
Employer
43 181
-
155 555
-
social contributions
10 255
-
36 944
-
total
10 255
-
36 944
-
Corporate
139 063
192 500
-
-
income
29 204
40 425
-
-
surtax
-
-
-
-
total
29 204
40 425
-
-
Dividends
109 860
152 075
-
-
withholding
30 761
42 581
-
-
total
30 761
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 952
83 006
105 741
91 147
After tax
108 548
109 494
86 759
101 353
Living cost
29 450
29 450
29 450
29 450
Free-cash
79 098
80 044
57 309
71 903

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51674
₽57162
₽61612
₽58126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 362
other
-
-
-
5 967
surtax
-
-
-
-
social contributions
-
-
-
5 486
health
-
-
-
8 985
pensions
-
-
-
31 741
total
-
-
-
85 541
Employee
58 804
-
147 649
-
pensions
6 651
-
10 818
-
surtax
-
-
-
-
social contributions
1 675
-
4 207
-
income
5 131
-
30 115
-
total
13 457
-
45 140
-
Employer
58 804
-
147 649
-
health
4 116
-
14 315
-
pensions
9 662
-
18 117
-
unemployment
2 382
-
5 979
-
social contributions
176
-
444
-
other
2 029
-
5 996
-
total
18 365
-
44 851
-
Corporate
115 330
192 500
-
-
income
32 293
53 900
-
-
surtax
-
-
-
-
total
32 293
53 900
-
-
Dividends
83 037
138 600
-
-
surtax
-
-
-
-
social contributions
14 282
23 839
-
-
withholding
10 630
17 740
-
-
total
24 912
41 579
-
-
Income
192 500
192 500
192 500
192 500
Total tax
89 027
95 479
89 991
85 541
After tax
103 473
97 021
102 509
106 959
Living cost
45 347
45 347
45 347
45 347
Free-cash
58 126
51 674
57 162
61 612

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145029
₽117731
₽112616
₽141873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
9 313
social contributions
-
-
-
42 349
total
-
-
-
51 662
Employee
30 184
-
166 667
-
income
-
-
9 881
-
social contributions
1 962
-
10 833
-
total
1 962
-
20 714
-
Employer
30 184
-
166 667
-
social contributions
4 679
-
25 833
-
total
4 679
-
25 833
-
Corporate
157 637
192 500
-
-
income
15 764
19 249
-
-
total
15 764
19 249
-
-
Dividends
141 873
173 251
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
22 405
19 249
46 547
51 662
After tax
170 095
173 251
145 953
140 838
Living cost
28 222
28 222
28 222
28 222
Free-cash
141 873
145 029
117 731
112 616

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12058
-₽12058
₽66749
-₽12058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
labour market
-
-
-
15 335
municipal
-
-
-
40 904
national
-
-
-
23 482
pensions
-
-
-
814
total
-
-
-
80 535
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 342
159 342
159 342
80 535
After tax
33 158
33 158
33 158
111 965
Living cost
45 216
45 216
45 216
45 216
Free-cash
-12 058
-12 058
-12 058
66 749

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5030
₽84816
₽110881
₽12429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
54 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 997
Employee
32 441
-
174 816
-
pensions
3 653
-
7 259
-
income
4 450
-
42 103
-
health
3 715
-
20 016
-
total
11 818
-
69 378
-
Employer
32 441
-
174 816
-
pensions
5 275
-
10 482
-
accident
542
-
2 919
-
unemployment
795
-
4 283
-
total
6 612
-
17 684
-
Corporate
153 448
192 500
-
-
income

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

138 103
173 250
-
-
total
138 103
173 250
-
-
Dividends
15 345
19 250
-
-
withholding
2 916
3 658
-
-
total
2 916
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
159 449
176 908
87 062
60 997
After tax
33 051
15 592
105 438
131 503
Living cost
20 622
20 622
20 622
20 622
Free-cash
12 429
-5 030
84 816
110 881

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82891
₽62126
₽84174
₽85792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
192 500
health
-
-
-
2 573
municipal
-
-
-
34 187
national
-
-
-
35 520
total
-
-
-
72 280
Employee
49 396
-
161 940
-
municipal
8 091
-
26 366
-
unemployment
741
-
2 428
-
pensions
3 334
-
10 931
-
national
816
-
21 942
-
health
369
-
2 102
-
total
13 351
-
63 769
-
Employer
49 396
-
161 940
-
health
380
-
1 247
-
pensions
8 570
-
28 097
-
accident
50
-
162
-
unemployment
321
-
1 053
-
total
9 321
-
30 559
-
Corporate
133 784
192 500
-
-
income
26 758
38 501
-
-
total
26 758
38 501
-
-
Dividends

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

80 270
115 499
-
-
municipal
14 448
20 791
-
-
national
6 784
14 271
-
-
total
21 232
35 062
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 662
73 563
94 328
72 280
After tax
121 838
118 937
98 172
120 220
Living cost
36 046
36 046
36 046
36 046
Free-cash
85 792
82 891
62 126
84 174

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118604
₽106857
₽108477
₽113493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 185
social contributions
-
-
-
15 191
health
-
-
-
4 909
total
-
-
-
62 285
Employee
72 195
72 195
181 069
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
41 312
-
health
559
1 228
3 079
-
total
11 150
13 903
52 473
-
Employer
72 195
72 195
181 069
-
health
608
1 336
3 350
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
11 432
-
Corporate
156 275
112 977
-
-
income
19 535
14 122
-
-
total
19 535
14 122
-
-
Dividends
136 741
98 855
-
-
withholding
23 246
16 805
-
-
total
23 246
16 805
-
-
Income
192 500
192 500
192 500
192 500
Total tax
57 269
52 158
63 905
62 285
After tax
135 231
140 342
128 595
130 215
Living cost
21 738
21 738
21 738
21 738
Free-cash
113 493
118 604
106 857
108 477

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144502
₽129555
₽148387
₽139727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 809
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
29 206
Employee

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

21 550
-
183 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
17 482
-
health
1 832
-
7 572
-
total
6 644
-
38 862
-
Employer

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

21 550
-
183 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
168 731
192 500
-
-
income
15 185
17 325
-
-
total
15 185
17 325
-
-
Dividends
153 546
175 175
-
-
withholding
13 819
15 766
-
-
total
13 819
15 766
-
-
Income
192 500
192 500
192 500
192 500
Total tax
37 866
33 091
48 038
29 206
After tax
154 634
159 409
144 462
163 294
Living cost
14 907
14 907
14 907
14 907
Free-cash
139 727
144 502
129 555
148 387

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102170
₽77969
₽81910
₽98021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 665
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
84 772
Employee
34 716
-
164 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
55 442
-
total
8 897
-
60 969
-
Employer
34 716
-
164 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
146 716
192 500
-
-
income

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

22 008
28 874
-
-
total
22 008
28 874
-
-
Dividends
124 709
163 626
-
-
withholding
26 688
35 638
-
-
total
26 688
35 638
-
-
Income
192 500
192 500
192 500
192 500
Total tax
68 661
64 512
88 713
84 772
After tax
123 839
127 988
103 787
107 728
Living cost
25 818
25 818
25 818
25 818
Free-cash
98 021
102 170
77 969
81 910

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118223
₽121980
₽122114
₽117911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
66 102
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
68 489
Employee
2 889
-
190 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
66 029
-
health
144
-
346
-
total
992
-
67 067
-
Employer
2 889
-
190 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
188 960
192 500
-
-
income
41 571
42 350
-
-
total
41 571
42 350
-
-
Dividends
147 389
150 150
-
-
withholding
29 478
30 030
-
-
total
29 478
30 030
-
-
Income
192 500
192 500
192 500
192 500
Total tax
72 692
72 380
68 623
68 489
After tax
119 808
120 120
123 877
124 011
Living cost
1 897
1 897
1 897
1 897
Free-cash
117 911
118 223
121 980
122 114

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122836
₽105812
₽105813
₽118212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 201
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
70 442
Employee

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

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

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

24 497
-
180 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
44 201
-
health
1 262
-
3 575
-
total
8 253
-
58 016
-
Employer

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

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

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

24 497
-
180 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
163 618
192 500
-
-
income
24 543
28 875
-
-
total
24 543
28 875
-
-
Dividends
139 076
163 625
-
-
withholding
20 861
24 544
-
-
total
20 861
24 544
-
-
Income
192 500
192 500
192 500
192 500
Total tax
58 043
53 419
70 443
70 442
After tax
134 457
139 081
122 057
122 058
Living cost
16 245
16 245
16 245
16 245
Free-cash
118 212
122 836
105 812
105 813

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84182
₽61447
₽76042
₽83844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 253
surtax
-
-
-
-
social contributions

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

-
-
-
66 894
total
-
-
-
91 147
Employee
36 440
-
155 555
-
surtax
-
-
-
-
social contributions
4 009
-
17 111
-
income
7 120
-
51 686
-
total
11 129
-
68 797
-
Employer
36 440
-
155 555
-
social contributions
8 654
-
36 944
-
total
8 654
-
36 944
-
Corporate
147 406
192 500
-
-
income
30 955
40 425
-
-
surtax
-
-
-
-
total
30 955
40 425
-
-
Dividends
116 451
152 075
-
-
withholding
32 607
42 581
-
-
total
32 607
42 581
-
-
Income
192 500
192 500
192 500
192 500
Total tax
83 345
83 006
105 741
91 147
After tax
109 155
109 494
86 759
101 353
Living cost
25 312
25 312
25 312
25 312
Free-cash
83 844
84 182
61 447
76 042

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94992
₽70791
₽74732
₽88846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
accident
-
-
-
784
income
-
-
-
58 665
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
84 772
Employee
45 344
-
164 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
55 442
-
total
12 349
-
60 969
-
Employer
45 344
-
164 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
132 700
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.

19 905
28 874
-
-
total
19 905
28 874
-
-
Dividends
112 795
163 626
-
-
withholding
23 948
35 638
-
-
total
23 948
35 638
-
-
Income
192 500
192 500
192 500
192 500
Total tax
70 658
64 512
88 713
84 772
After tax
121 842
127 988
103 787
107 728
Living cost
32 996
32 996
32 996
32 996
Free-cash
88 846
94 992
70 791
74 732

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148436
₽146558
₽138717
₽142715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
28 875
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
37 632
Employee
21 387
-
186 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
18 606
-
health
984
-
1 509
-
total
5 236
-
23 356
-
Employer
21 387
-
186 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
166 917
192 500
-
-
income
16 691
19 250
-
-
total
16 691
19 250
-
-
Dividends
150 226
173 250
-
-
withholding
7 511
8 663
-
-
total
7 511
8 663
-
-
Income
192 500
192 500
192 500
192 500
Total tax
33 634
27 913
29 791
37 632
After tax
158 866
164 587
162 709
154 868
Living cost
16 151
16 151
16 151
16 151
Free-cash
142 715
148 436
146 558
138 717

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62780
₽83888
₽62529
₽75058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
192 500
income

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

-
-
-
62 511
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.

-
-
-
3 439
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.

-
-
-
6 414
trade
-
-
-
21 359
total
-
-
-
93 723
Employee

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

46 715
-
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.

212
-
3 439
-
income

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

3 841
-
62 511
-
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.

6 414
-
6 414
-
total
10 467
-
72 364
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 785
192 500
-
-
income
21 869
28 874
-
-
surtax

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

1 203
1 587
-
-
chamber of commerce
356
424
-
-
trade
20 921
27 623
-
-
total
44 349
58 508
-
-
Dividends
101 437
133 991
-
-
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.

1 375
1 823
-
-
withholding
25 003
33 141
-
-
total
26 378
34 964
-
-
Income
192 500
192 500
192 500
192 500
Total tax
81 194
93 472
72 364
93 723
After tax
111 306
99 028
120 136
98 777
Living cost
36 248
36 248
36 248
36 248
Free-cash
75 058
62 780
83 888
62 529

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81267
₽44792
₽44792
₽83340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
61 481
social contributions
-
-
-
32 744
total
-
-
-
94 225
Employee
73 441
-
192 500
-
income
13 858
-
61 481
-
social contributions
6 101
-
32 744
-
total
19 959
-
94 225
-
Employer
73 441
-
192 500
-
total
-
-
-
-
Corporate
119 059
192 500
-
-
income
14 883
24 062
-
-
total
14 883
24 062
-
-
Dividends
104 176
168 438
-
-
withholding
20 835
33 688
-
-
total
20 835
33 688
-
-
Income
192 500
192 500
192 500
192 500
Total tax
55 677
57 750
94 225
94 225
After tax
136 823
134 750
98 275
98 275
Living cost
53 483
53 483
53 483
53 483
Free-cash
83 340
81 267
44 792
44 792

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86083
₽101134
₽123864
₽89364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 874
health

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

-
-
-
5 680
total
-
-
-
34 554
Employee
43 070
-
188 181
-
income
4 673
-
48 646
-
social contributions
4 315
-
4 319
-
total
8 988
-
52 965
-
Employer
43 070
-
188 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
145 115
192 500
-
-
income
50 791
67 375
-
-
total
50 791
67 375
-
-
Dividends
94 324
125 125
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
192 500
192 500
192 500
192 500
Total tax
69 054
72 335
57 284
34 554
After tax
123 446
120 165
135 216
157 946
Living cost
34 082
34 082
34 082
34 082
Free-cash
89 364
86 083
101 134
123 864

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88153
₽73389
₽90666
₽93732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
income
-
-
-
57 840
pensions
-
-
-
9 006
total
-
-
-
66 846
Employee
48 026
-
167 914
-
pensions
3 666
-
10 883
-
income
8 746
-
46 321
-
health
626
-
2 332
-
total
13 038
-
59 536
-
Employer
48 026
-
167 914
-
health
913
-
3 191
-
pensions
4 852
-
21 396
-
total
5 765
-
24 587
-
Corporate
138 709
192 500
-
-
income

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

26 354
36 575
-
-
total
26 354
36 575
-
-
Dividends
112 355
155 925
-
-
withholding
18 623
32 784
-
-
total
18 623
32 784
-
-
Income
192 500
192 500
192 500
192 500
Total tax
63 780
69 359
84 123
66 846
After tax
128 720
123 141
108 377
125 654
Living cost
34 988
34 988
34 988
34 988
Free-cash
93 732
88 153
73 389
90 666

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7072
₽82774
₽108839
₽12117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
54 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
60 997
Employee
35 652
-
174 816
-
pensions
4 014
-
7 259
-
income
4 891
-
42 103
-
health
4 082
-
20 016
-
total
12 987
-
69 378
-
Employer
35 652
-
174 816
-
pensions
5 797
-
10 482
-
accident
595
-
2 919
-
unemployment
873
-
4 283
-
total
7 265
-
17 684
-
Corporate
149 583
192 500
-
-
income

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

134 625
173 250
-
-
total
134 625
173 250
-
-
Dividends
14 958
19 250
-
-
withholding
2 842
3 658
-
-
total
2 842
3 658
-
-
Income
192 500
192 500
192 500
192 500
Total tax
157 719
176 908
87 062
60 997
After tax
34 781
15 592
105 438
131 503
Living cost
22 664
22 664
22 664
22 664
Free-cash
12 117
-7 072
82 774
108 839

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134576
₽127011
₽106360
₽144907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
192 500
income
-
-
-
32 148
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
73 453
Employee

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

20 298
-
192 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
32 148
-
total
7 612
-
52 802
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 202
192 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 722
19 250
-
-
total
1 722
19 250
-
-
Dividends
170 480
173 250
-
-
withholding
25 572
25 987
-
-
total
25 572
25 987
-
-
Income
192 500
192 500
192 500
192 500
Total tax
34 906
45 237
52 802
73 453
After tax
157 594
147 263
139 698
119 047
Living cost
12 687
12 687
12 687
12 687
Free-cash
144 907
134 576
127 011
106 360

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63994
₽44096
₽51863
₽59723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
192 500
social contributions
-
-
-
46 991
regional
-
-
-
4 532
municipal
-
-
-
1 310
national
-
-
-
50 401
total
-
-
-
103 234
Employee
79 116
-
192 500
-
municipal
472
-
1 178
-
national
13 370
-
44 170
-
regional
1 194
-
4 047
-
social contributions
26 677
-
61 606
-
total
41 713
-
111 001
-
Employer
79 116
-
192 500
-
total
-
-
-
-
Corporate
113 384
192 500
-
-
municipal
5 464
9 279
-
-
nationa
27 212
46 199
-
-
total
32 676
55 478
-
-
Dividends
80 708
137 021
-
-
withholding
20 985
35 625
-
-
total
20 985
35 625
-
-
Income
192 500
192 500
192 500
192 500
Total tax
95 374
91 103
111 001
103 234
After tax
97 126
101 397
81 499
89 266
Living cost
37 403
37 403
37 403
37 403
Free-cash
59 723
63 994
44 096
51 863

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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