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
₽ 193500
per

Your estimated
City
free-cash

Dresden , Germany
₽67121
₽68047
₽91163
₽78239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income

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

-
-
-
61 636
trade
-
-
-
23 116
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.

-
-
-
6 867
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.

-
-
-
3 389
total
-
-
-
95 008
Employee

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

38 444
-
193 500
-
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.

1 074
-
61 636
-
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.

6 867
-
6 867
-
surtax

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

59
-
3 389
-
total
8 000
-
71 892
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 056
193 500
-
-
surtax

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

1 280
1 597
-
-
trade
24 421
30 477
-
-
chamber of commerce
376
431
-
-
income
23 259
29 025
-
-
total
49 336
61 530
-
-
Dividends
105 720
131 970
-
-
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.

1 432
1 793
-
-
withholding
26 048
32 611
-
-
total
27 480
34 404
-
-
Income
193 500
193 500
193 500
193 500
Total tax
84 816
95 934
71 892
95 008
After tax
108 684
97 566
121 608
98 492
Living cost
30 445
30 445
30 445
30 445
Free-cash
78 239
67 121
91 163
68 047

Estimated living cost  is ₽30445 per week

₽19151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70094
₽61846
₽62885
₽69252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
municipal
-
-
-
21 322
social contributions
-
-
-
2 080
pensions
-
-
-
23 220
national
-
-
-
34 382
total
-
-
-
81 004
Employee
78 516
-
167 279
-
municipal
9 698
-
22 071
-
pensions
3 141
-
6 691
-
national
15 028
-
36 023
-
total
27 867
-
64 785
-
Employer
78 516
-
167 279
-
social contributions
844
-
1 798
-
pensions
6 281
-
13 382
-
total
7 125
-
15 180
-
Corporate
102 676
193 500
-
-
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%.

20 535
38 700
-
-
total
20 535
38 700
-
-
Dividends
82 141
154 800
-
-
withholding
18 071
34 056
-
-
total
18 071
34 056
-
-
Income
193 500
193 500
193 500
193 500
Total tax
73 598
72 756
79 965
81 004
After tax
119 902
120 744
113 535
112 496
Living cost
50 650
50 650
50 650
50 650
Free-cash
69 252
70 094
62 885
61 846

Estimated living cost  is ₽50650 per week

₽34426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽758
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133889
₽47275
₽61502
₽125644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
37 460
microenterprise
-
-
-
-
social contributions

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

-
-
-
38 511
surtax
-
-
-
49 343
total
-
-
-
125 314
Employee
29 370
-
148 327
-
income
5 228
-
31 230
-
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.

3 231
-
13 176
-
surtax
-
-
21 508
-
total
8 459
-
65 914
-
Employer
29 370
-
148 327
-
social contributions

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

7 075
-
28 857
-
surtax
-
-
16 316
-
total
7 075
-
45 173
-
Corporate
157 055
193 500
-
-
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%.

31 411
38 700
-
-
total
31 411
38 700
-
-
Dividends

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

125 644
154 800
-
-
total
-
-
-
-
Income
193 500
193 500
193 500
193 500
Total tax
46 945
38 700
111 087
125 314
After tax
146 555
154 800
82 413
68 186
Living cost
20 911
20 911
20 911
20 911
Free-cash
125 644
133 889
61 502
47 275

Estimated living cost  is ₽20911 per week

₽13341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53941
₽63578
₽80572
₽47781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
63 646
health
-
-
-
12 394
pensions
-
-
-
11 776
total
-
-
-
87 816
Employee
85 834
85 834
174 821
-
pensions
15 450
11 776
11 776
-
income

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

14 050
14 050
27 972
-
health
13 175
11 206
12 394
-
total
42 675
37 032
52 142
-
Employer
85 834
85 834
174 821
-
unemployment
3 090
3 090
3 840
-
health
5 966
5 966
7 414
-
pensions
5 974
5 974
7 426
-
total
15 030
15 030
18 680
-
Corporate
93 688
92 636
-
-
income
18 739
18 527
-
-
total
18 739
18 527
-
-
Dividends
74 950
74 109
-
-
income
15 927
15 748
-
-
withholding
11 242
11 116
-
-
total
27 169
26 864
-
-
Income
193 500
193 500
193 500
193 500
Total tax
103 613
97 453
70 822
87 816
After tax
89 887
96 047
122 678
105 684
Living cost
42 106
42 106
42 106
42 106
Free-cash
47 781
53 941
80 572
63 578

Estimated living cost  is ₽42106 per week

₽29840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66717
₽59093
₽58148
₽65843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
unemployment
-
-
-
85
other
-
-
-
9 915
health
-
-
-
5 325
municipal
-
-
-
50 330
national
-
-
-
20 423
pensions
-
-
-
9 224
accident
-
-
-
171
total
-
-
-
95 473
Employee
55 478
-
166 689
-
municipal
16 543
-
49 707
-
national
-
-
19 900
-
total
16 543
-
69 607
-
Employer
55 478
-
166 689
-
accident
111
-
171
-
unemployment
1 465
-
2 253
-
health
3 412
-
5 248
-
pensions
5 997
-
9 224
-
other
6 447
-
9 915
-
total
17 432
-
26 811
-
Corporate
120 591
193 500
-
-
income
26 530
42 570
-
-
total
26 530
42 570
-
-
Dividends
94 061
150 930
-
-
withholding
28 218
45 279
-
-
total
28 218
45 279
-
-
Income
193 500
193 500
193 500
193 500
Total tax
88 723
87 849
96 418
95 473
After tax
104 777
105 651
97 082
98 027
Living cost
38 934
38 934
38 934
38 934
Free-cash
65 843
66 717
58 148
59 093

Estimated living cost  is ₽38934 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57084
₽57978
₽82122
₽71211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income

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

-
-
-
61 636
trade
-
-
-
24 144
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.

-
-
-
6 867
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.

-
-
-
3 389
total
-
-
-
96 036
Employee

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

50 972
-
193 500
-
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.

4 379
-
61 636
-
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.

6 867
-
6 867
-
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.

240
-
3 389
-
total
11 486
-
71 892
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 528
193 500
-
-
surtax

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

1 175
1 597
-
-
trade
23 446
31 831
-
-
chamber of commerce
355
427
-
-
income
21 378
29 025
-
-
total
46 354
62 880
-
-
Dividends
96 174
130 620
-
-
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.

1 301
1 776
-
-
withholding
23 662
32 274
-
-
total
24 963
34 050
-
-
Income
193 500
193 500
193 500
193 500
Total tax
82 803
96 930
71 892
96 036
After tax
110 697
96 570
121 608
97 464
Living cost
39 486
39 486
39 486
39 486
Free-cash
71 211
57 084
82 122
57 978

Estimated living cost  is ₽39486 per week

₽26408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108502
₽98833
₽97174
₽104336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
40 868
health
-
-
-
4 935
social contributions
-
-
-
16 263
total
-
-
-
62 066
Employee
77 290
77 290
181 491
-
income
8 116
7 155
39 978
-
health
769
1 314
3 086
-
social contributions
3 756
6 415
8 652
-
total
12 641
14 884
51 716
-
Employer
77 290
77 290
181 491
-
social contributions
3 756
6 415
8 652
-
health
837
1 431
3 357
-
total
4 593
7 846
12 009
-
Corporate
143 665
108 365
-
-
income
17 958
13 547
-
-
total
17 958
13 547
-
-
Dividends
125 707
94 819
-
-
withholding
21 371
16 120
-
-
total
21 371
16 120
-
-
Income
193 500
193 500
193 500
193 500
Total tax
56 563
52 397
63 725
62 066
After tax
136 937
141 103
129 775
131 434
Living cost
32 601
32 601
32 601
32 601
Free-cash
104 336
108 502
97 174
98 833

Estimated living cost  is ₽32601 per week

₽22286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
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.
₽7222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90455
₽115841
₽93967
₽90835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
23 655
unemployment
-
-
-
2 902
health
-
-
-
13 545
pensions
-
-
-
19 350
total
-
-
-
59 452
Employee

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

The minimum wage is 138,000 HUF per month.

26 282
10 460
161 925
-
pensions
2 628
1 046
16 192
-
unemployment
394
157
2 429
-
income
3 213
1 279
19 795
-
health
1 840
732
11 335
-
total
8 075
3 214
49 751
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 282
10 460
161 925
-
pensions
5 125
2 040
31 575
-
total
5 125
2 040
31 575
-
Corporate
162 093
181 001
-
-
income
14 588
16 290
-
-
total
14 588
16 290
-
-
Dividends
147 505
164 711
-
-
withholding
28 026
31 295
-
-
social contributions
28 644
31 999
-
-
total
56 670
63 294
-
-
Income
193 500
193 500
193 500
193 500
Total tax
84 458
84 838
81 326
59 452
After tax
109 042
108 662
112 174
134 048
Living cost
18 207
18 207
18 207
18 207
Free-cash
90 835
90 455
93 967
115 841

Estimated living cost  is ₽18207 per week

₽12424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130522
₽79438
₽87251
₽124278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
25 929
health
-
-
-
25 155
pensions
-
-
-
38 700
total
-
-
-
89 784
Employee
28 514
-
144 618
-
pensions
570
-
2 892
-
unemployment
456
-
2 314
-
income
3 210
-
27 883
-
total
4 236
-
33 089
-
Employer
28 514
-
144 618
-
unemployment
229
-
1 158
-
health
3 706
-
18 800
-
pensions
5 703
-
28 924
-
total
9 638
-
48 882
-
Corporate
155 348
193 500
-
-
income
31 070
38 700
-
-
total
31 070
38 700
-
-
Dividends
124 278
154 800
-
-
total
-
-
-
-
Income
193 500
193 500
193 500
193 500
Total tax
44 944
38 700
81 971
89 784
After tax
148 556
154 800
111 529
103 716
Living cost
24 278
24 278
24 278
24 278
Free-cash
124 278
130 522
87 251
79 438

Estimated living cost  is ₽24278 per week

₽16652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
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.
₽5692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6362
₽110180
₽83670
₽12293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
54 308
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
61 284
Employee
34 664
-
175 245
-
pensions
3 903
-
7 642
-
income
4 756
-
41 832
-
health
3 969
-
20 066
-
total
12 628
-
69 540
-
Employer
34 664
-
175 245
-
accident
579
-
2 926
-
unemployment
849
-
4 293
-
pensions
5 637
-
11 035
-
total
7 065
-
18 254
-
Corporate
151 771
193 500
-
-
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.

136 594
174 150
-
-
total
136 594
174 150
-
-
Dividends
15 177
19 350
-
-
withholding
2 884
3 676
-
-
total
2 884
3 676
-
-
Income
193 500
193 500
193 500
193 500
Total tax
159 171
177 826
87 794
61 284
After tax
34 329
15 674
105 706
132 216
Living cost
22 036
22 036
22 036
22 036
Free-cash
12 293
-6 362
83 670
110 180

Estimated living cost  is ₽22036 per week

₽16151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174680
₽182420
₽145655
₽172966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
193 500
microenterprise

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

-
-
-
1 935
total
-
-
-
1 935
Employee
11 431
-
193 500
-
income
2 286
-
38 700
-
total
2 286
-
38 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

182 069
193 500
-
-
total
-
-
-
-
Dividends
182 069
193 500
-
-
withholding
9 103
9 675
-
-
total
9 103
9 675
-
-
Income
193 500
193 500
193 500
193 500
Total tax
11 389
9 675
38 700
1 935
After tax
182 111
183 825
154 800
191 565
Living cost
9 145
9 145
9 145
9 145
Free-cash
172 966
174 680
145 655
182 420

Estimated living cost  is ₽9145 per week

₽5667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115380
₽84592
₽82920
₽108596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
31 455
other
-
-
-
7 260
health
-
-
-
6 726
pensions

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

-
-
-
36 684
total
-
-
-
82 125
Employee
36 495
-
154 966
-
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.

2 554
-
10 699
-
unemployment
364
-
1 528
-
income
6 283
-
30 896
-
health
511
-
2 140
-
total
9 712
-
45 263
-
Employer
36 495
-
154 966
-
accident
292
-
1 240
-
unemployment
364
-
1 528
-
health
511
-
2 140
-
pensions

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

6 205
-
25 985
-
other
1 825
-
7 641
-
total
9 197
-
38 534
-
Corporate
147 807
193 500
-
-
income
31 039
40 636
-
-
total
31 039
40 636
-
-
Dividends
116 768
152 864
-
-
withholding
8 173
10 701
-
-
total
8 173
10 701
-
-
Income
193 500
193 500
193 500
193 500
Total tax
58 121
51 337
83 797
82 125
After tax
135 379
142 163
109 703
111 375
Living cost
26 783
26 783
26 783
26 783
Free-cash
108 596
115 380
82 920
84 592

Estimated living cost  is ₽26783 per week

₽18924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57221
₽59360
₽41928
₽63205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 874
pensions
-
-
-
9 424
total
-
-
-
66 298
Employee
95 987
-
168 897
-
pensions
9 260
-
11 481
-
income
17 303
-
45 255
-
health
1 582
-
2 391
-
total
28 145
-
59 127
-
Employer
95 987
-
168 897
-
health
1 823
-
3 208
-
pensions
11 333
-
21 395
-
total
13 156
-
24 603
-
Corporate
84 357
193 500
-
-
income

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

16 027
36 766
-
-
total
16 027
36 766
-
-
Dividends
68 330
156 734
-
-
withholding
5 125
31 671
-
-
total
5 125
31 671
-
-
Income
193 500
193 500
193 500
193 500
Total tax
62 453
68 437
83 730
66 298
After tax
131 047
125 063
109 770
127 202
Living cost
67 842
67 842
67 842
67 842
Free-cash
63 205
57 221
41 928
59 360

Estimated living cost  is ₽67842 per week

₽50835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽141946
₽149713
₽147612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
29 025
unemployment
-
-
-
140
health
-
-
-
4 033
pensions

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

-
-
-
5 191
total
-
-
-
38 389
Employee
17 432
-
186 619
-
pensions

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

1 531
-
3 080
-
income
1 743
-
18 662
-
health
802
-
1 613
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
total
4 268
-
23 741
-
Employer
17 432
-
186 619
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
health
1 203
-
2 420
-
pensions

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

1 921
-
3 865
-
total
3 420
-
6 881
-
Corporate
172 648
193 500
-
-
income
17 265
19 350
-
-
total
17 265
19 350
-
-
Dividends
155 383
174 150
-
-
withholding
7 770
8 708
-
-
total
7 770
8 708
-
-
Income
193 500
193 500
193 500
193 500
Total tax
32 723
28 058
30 622
38 389
After tax
160 777
165 442
162 878
155 111
Living cost
13 165
13 165
13 165
13 165
Free-cash
147 612
152 277
149 713
141 946

Estimated living cost  is ₽13165 per week

₽7686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40311
₽49948
₽66942
₽42839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
63 646
health
-
-
-
12 394
pensions
-
-
-
11 776
total
-
-
-
87 816
Employee
93 188
85 834
174 821
-
pensions
11 776
11 776
11 776
-
income

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

14 050
14 050
27 972
-
health
11 626
11 206
12 394
-
total
37 452
37 032
52 142
-
Employer
93 188
85 834
174 821
-
unemployment
3 355
3 090
3 840
-
health
6 476
5 966
7 414
-
pensions
6 485
5 974
7 426
-
total
16 316
15 030
18 680
-
Corporate
83 996
92 636
-
-
income
16 799
18 527
-
-
total
16 799
18 527
-
-
Dividends
67 197
74 109
-
-
income
14 279
15 748
-
-
withholding
10 079
11 116
-
-
total
24 358
26 864
-
-
Income
193 500
193 500
193 500
193 500
Total tax
94 925
97 453
70 822
87 816
After tax
98 575
96 047
122 678
105 684
Living cost
55 736
55 736
55 736
55 736
Free-cash
42 839
40 311
66 942
49 948

Estimated living cost  is ₽55736 per week

₽41114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109202
₽87855
₽79718
₽100632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
19 921
health
-
-
-
26 123
solidarity contribution
-
-
-
1 010
social contributions
-
-
-
34 568
total
-
-
-
81 622
Employee
35 327
-
150 371
-
solidarity contribution
-
-
280
-
income
4 239
-
18 356
-
health
4 769
-
20 300
-
social contributions
2 296
-
7 695
-
total
11 304
-
46 631
-
Employer
35 327
-
150 371
-
social contributions
8 832
-
29 595
-
health
3 179
-
13 533
-
total
12 011
-
43 128
-
Corporate
146 161
193 500
-
-
income
27 771
36 765
-
-
total
27 771
36 765
-
-
Dividends
118 391
156 735
-
-
withholding
17 759
23 510
-
-
total
17 759
23 510
-
-
Income
193 500
193 500
193 500
193 500
Total tax
68 845
60 275
89 759
81 622
After tax
124 655
133 225
103 741
111 878
Living cost
24 023
24 023
24 023
24 023
Free-cash
100 632
109 202
79 718
87 855

Estimated living cost  is ₽24023 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60828
₽49091
₽40361
₽55578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
municipal
-
-
-
1 150
regional
-
-
-
2 301
social contributions
-
-
-
49 768
national
-
-
-
48 777
total
-
-
-
101 996
Employee
89 330
-
193 500
-
municipal
473
-
1 026
-
national
15 479
-
42 417
-
social contributions
30 122
-
65 249
-
regional
843
-
2 034
-
total
46 917
-
110 726
-
Employer
89 330
-
193 500
-
total
-
-
-
-
Corporate
104 170
193 500
-
-
municipal
4 063
7 546
-
-
nationa
25 001
46 440
-
-
total
29 064
53 986
-
-
Dividends
75 107
139 514
-
-
withholding
19 528
36 273
-
-
total
19 528
36 273
-
-
Income
193 500
193 500
193 500
193 500
Total tax
95 509
90 259
110 726
101 996
After tax
97 991
103 241
82 774
91 504
Living cost
42 413
42 413
42 413
42 413
Free-cash
55 578
60 828
40 361
49 091

Estimated living cost  is ₽42413 per week

₽29565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99532
₽69169
₽63023
₽96403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 498
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
9 524
pensions
-
-
-
26 830
surtax
-
-
-
9 070
total
-
-
-
102 151
Employee
33 239
-
165 263
-
pensions
2 216
-
8 948
-
unemployment
2 314
-
9 337
-
other
-
-
-
-
income
5 572
-
50 486
-
health
849
-
3 420
-
surtax
109
-
7 868
-
total
11 060
-
80 059
-
Employer
33 239
-
165 263
-
unemployment
1 053
-
4 252
-
health
1 513
-
6 104
-
pensions
4 431
-
17 882
-
other
-
-
-
-
total
6 997
-
28 238
-
Corporate
153 265
193 500
-
-
income
39 848
50 310
-
-
total
39 848
50 310
-
-
Dividends
113 417
143 190
-
-
withholding
17 012
21 478
-
-
total
17 012
21 478
-
-
Income
193 500
193 500
193 500
193 500
Total tax
74 917
71 788
108 297
102 151
After tax
118 583
121 712
85 203
91 349
Living cost
22 180
22 180
22 180
22 180
Free-cash
96 403
99 532
63 023
69 169

Estimated living cost  is ₽22180 per week

₽13562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2047
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.
₽6060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78715
₽80854
₽63422
₽85418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 874
pensions
-
-
-
9 424
total
-
-
-
66 298
Employee
64 328
-
168 897
-
pensions
5 460
-
11 481
-
income
11 586
-
45 255
-
health
934
-
2 391
-
total
17 980
-
59 127
-
Employer
64 328
-
168 897
-
health
1 222
-
3 208
-
pensions
6 963
-
21 395
-
total
8 185
-
24 603
-
Corporate
120 987
193 500
-
-
income

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

22 988
36 766
-
-
total
22 988
36 766
-
-
Dividends
97 999
156 734
-
-
withholding
12 581
31 671
-
-
total
12 581
31 671
-
-
Income
193 500
193 500
193 500
193 500
Total tax
61 734
68 437
83 730
66 298
After tax
131 766
125 063
109 770
127 202
Living cost
46 348
46 348
46 348
46 348
Free-cash
85 418
78 715
63 422
80 854

Estimated living cost  is ₽46348 per week

₽34724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11921
₽78699
₽70372
₽44679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
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.

-
-
-
3 870
health
-
-
-
435
regional
-
-
-
10 109
city
-
-
-
2 039
pensions
-
-
-
17 803
national
-
-
-
3 985
total
-
-
-
38 241
Employee
89 595
-
173 416
-
city
962
-
1 866
-
pensions
7 527
-
14 319
-
unemployment
-
-
-
-
national
424
-
3 022
-
health
203
-
389
-
regional
2 934
-
8 795
-
total
12 050
-
28 391
-
Employer
89 595
-
173 416
-
unemployment
-
-
-
-
health
203
-
389
-
pensions
7 527
-
14 319
-
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.

1 791
-
3 469
-
total
9 521
-
18 177
-
Corporate
93 399
193 500
-
-
national
7 938
16 448
-
-
regional
19 754
40 926
-
-
total
27 692
57 374
-
-
Dividends
65 707
136 126
-
-
withholding
22 998
47 645
-
-
total
22 998
47 645
-
-
Income
193 500
193 500
193 500
193 500
Total tax
72 261
105 019
46 568
38 241
After tax
121 239
88 481
146 932
155 259
Living cost
76 560
76 560
76 560
76 560
Free-cash
44 679
11 921
70 372
78 699

Estimated living cost  is ₽76560 per week

₽49786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49532
₽50393
₽75563
₽65830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income

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

-
-
-
61 636
trade
-
-
-
25 170
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.

-
-
-
6 867
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.

-
-
-
3 389
total
-
-
-
97 062
Employee

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

60 406
-
193 500
-
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.

7 103
-
61 636
-
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.

6 867
-
6 867
-
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.

391
-
3 389
-
total
14 361
-
71 892
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 094
193 500
-
-
surtax

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

1 099
1 597
-
-
trade
22 826
33 185
-
-
chamber of commerce
340
425
-
-
income
19 963
29 025
-
-
total
44 228
64 232
-
-
Dividends
88 866
129 268
-
-
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.

1 202
1 757
-
-
withholding
21 834
31 934
-
-
total
23 036
33 691
-
-
Income
193 500
193 500
193 500
193 500
Total tax
81 625
97 923
71 892
97 062
After tax
111 875
95 577
121 608
96 438
Living cost
46 045
46 045
46 045
46 045
Free-cash
65 830
49 532
75 563
50 393

Estimated living cost  is ₽46045 per week

₽33630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63136
₽74325
₽70079
₽69071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
31 643
other
-
-
-
5 999
health
-
-
-
8 696
social contributions
-
-
-
5 512
pensions
-
-
-
32 936
surtax
-
-
-
-
total
-
-
-
84 786
Employee
43 018
-
149 021
-
pensions
4 864
-
10 668
-
income
2 539
-
29 641
-
social contributions
1 226
-
4 246
-
surtax
-
-
-
-
total
8 629
-
44 555
-
Employer
43 018
-
149 021
-
social contributions
130
-
446
-
unemployment
1 741
-
6 035
-
health
3 012
-
14 150
-
pensions
7 067
-
17 904
-
other
1 484
-
5 942
-
total
13 434
-
44 477
-
Corporate
137 048
193 500
-
-
surtax
-
-
-
-
income
38 374
54 180
-
-
total
38 374
54 180
-
-
Dividends
98 675
139 320
-
-
surtax
-
-
-
-
withholding
12 631
17 832
-
-
social contributions
16 972
23 963
-
-
total
29 603
41 795
-
-
Income
193 500
193 500
193 500
193 500
Total tax
90 040
95 975
89 032
84 786
After tax
103 460
97 525
104 468
108 714
Living cost
34 389
34 389
34 389
34 389
Free-cash
69 071
63 136
70 079
74 325

Estimated living cost  is ₽34389 per week

₽21684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66543
₽77732
₽73486
₽72126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
31 643
other
-
-
-
5 999
health
-
-
-
8 696
social contributions
-
-
-
5 512
pensions
-
-
-
32 936
surtax
-
-
-
-
total
-
-
-
84 786
Employee
38 400
-
149 021
-
pensions
4 343
-
10 668
-
income
1 980
-
29 641
-
social contributions
1 095
-
4 246
-
surtax
-
-
-
-
total
7 418
-
44 555
-
Employer
38 400
-
149 021
-
social contributions
114
-
446
-
unemployment
1 555
-
6 035
-
health
2 688
-
14 150
-
pensions
6 310
-
17 904
-
other
1 326
-
5 942
-
total
11 993
-
44 477
-
Corporate
143 108
193 500
-
-
surtax
-
-
-
-
income
40 071
54 180
-
-
total
40 071
54 180
-
-
Dividends
103 037
139 320
-
-
surtax
-
-
-
-
withholding
13 188
17 832
-
-
social contributions
17 722
23 963
-
-
total
30 910
41 795
-
-
Income
193 500
193 500
193 500
193 500
Total tax
90 392
95 975
89 032
84 786
After tax
103 108
97 525
104 468
108 714
Living cost
30 982
30 982
30 982
30 982
Free-cash
72 126
66 543
73 486
77 732

Estimated living cost  is ₽30982 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96739
₽102952
₽98479
₽97261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
29 025
health
-
-
-
13 506
social contributions
-
-
-
26 704
total
-
-
-
69 235
Employee
34 080
-
193 500
-
income
5 684
-
33 498
-
health
2 379
-
13 506
-
social contributions
4 704
-
26 704
-
total
12 767
-
73 708
-
Employer
34 080
-
193 500
-
total
-
-
-
-
Corporate
159 420
193 500
-
-
income

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

7 971
9 674
-
-
total
7 971
9 674
-
-
Dividends
151 449
183 826
-
-
withholding
22 717
27 574
-
-
social contributions
20 900
25 369
-
-
health
10 571
12 831
-
-
total
54 188
65 774
-
-
Income
193 500
193 500
193 500
193 500
Total tax
74 926
75 448
73 708
69 235
After tax
118 574
118 052
119 792
124 265
Living cost
21 313
21 313
21 313
21 313
Free-cash
97 261
96 739
98 479
102 952

Estimated living cost  is ₽21313 per week

₽14264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
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.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71489
₽63941
₽15655
₽69936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 299
unemployment
-
-
-
6 165
chamber of commerce
-
-
-
774
health
-
-
-
8 982
pensions
-
-
-
21 724
surtax
-
-
-
198
total
-
-
-
94 142
Employee
50 232
40 056
156 645
-
pensions
5 144
4 101
12 024
-
unemployment
1 507
1 202
3 523
-
other
502
401
1 175
-
income
5 718
2 955
46 099
-
health
1 944
1 551
4 543
-
total
14 815
10 210
67 364
-
Employer
50 232
40 056
156 645
-
accident
652
521
1 526
-
surtax
198
198
198
-
unemployment
1 507
1 202
3 523
-
payroll
1 507
1 202
4 700
-
health
1 898
1 514
4 439
-
pensions
6 304
5 028
14 737
-
chamber of commerce
200
160
626
-
other
2 386
1 902
7 107
-
total
14 652
11 727
36 856
-
Corporate
128 615
141 717
152 830
-
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.

32 153
35 428
38 208
-
total
32 153
35 428
38 208
-
Dividends
96 462
106 289
-
-
withholding
26 527
29 229
-
-
total
26 527
29 229
-
-
Income
193 500
193 500
193 500
193 500
Total tax
88 147
86 594
142 428
94 142
After tax
105 353
106 906
51 072
99 358
Living cost
35 417
35 417
35 417
35 417
Free-cash
69 936
71 489
15 655
63 941

Estimated living cost  is ₽35417 per week

₽23622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71359
₽47349
₽30560
₽56462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
communal

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

-
-
-
10 106
social contributions
-
-
-
25 059
national
-
-
-
74 338
total
-
-
-
109 503
Employee

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

71 898
-
149 872
-
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.

5 392
-
11 240
-
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.

626
-
1 305
-
national
22 104
-
55 258
-
communal

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

3 750
-
7 817
-
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.

3 378
-
7 044
-
total
35 250
-
82 664
-
Employer

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

71 898
-
149 872
-
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.

935
-
1 949
-
surtax
8 152
-
16 995
-
unemployment

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

1 049
-
2 188
-
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.

4 421
-
9 217
-
pensions

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

6 371
-
13 279
-
total
20 928
-
43 628
-
Corporate
100 674
193 500
-
-
surtax
402
778
-
-
income
20 135
38 948
-
-
total
20 537
39 726
-
-
Dividends
80 137
153 774
-
-
withholding

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

23 675
45 767
-
-
total
23 675
45 767
-
-
Income
193 500
193 500
193 500
193 500
Total tax
100 390
85 493
126 292
109 503
After tax
93 110
108 007
67 208
83 997
Living cost
36 648
36 648
36 648
36 648
Free-cash
56 462
71 359
30 560
47 349

Estimated living cost  is ₽36648 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3204
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.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92482
₽72109
₽67892
₽85596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
57 144
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
85 092
Employee
50 033
-
163 800
-
pensions
2 352
-
4 379
-
unemployment
776
-
1 444
-
other
50
-
93
-
income
10 557
-
53 693
-
total
13 735
-
59 609
-
Employer
50 033
-
163 800
-
accident
990
-
1 844
-
unemployment
2 752
-
5 123
-
pensions
11 807
-
21 987
-
other
399
-
746
-
total
15 948
-
29 700
-
Corporate
127 519
193 500
-
-
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.

19 128
29 025
-
-
total
19 128
29 025
-
-
Dividends
108 392
164 475
-
-
withholding
22 794
35 694
-
-
total
22 794
35 694
-
-
Income
193 500
193 500
193 500
193 500
Total tax
71 605
64 719
89 309
85 092
After tax
121 895
128 781
104 191
108 408
Living cost
36 299
36 299
36 299
36 299
Free-cash
85 596
92 482
67 892
72 109

Estimated living cost  is ₽36299 per week

₽26731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57364
₽39207
₽46917
₽43995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
33 621
communal
-
-
-
12 228
health
-
-
-
13 594
pensions
-
-
-
29 004
accident
-
-
-
1 631
surtax
-
-
-
9 592
total
-
-
-
99 670
Employee
76 118
-
172 845
-
pensions
6 088
-
13 827
-
income
7 352
-
39 193
-
health
3 388
-
7 693
-
surtax
4 666
-
10 592
-
total
21 494
-
71 305
-
Employer
76 118
-
172 845
-
accident
685
-
1 556
-
health
2 321
-
5 272
-
pensions
6 088
-
13 827
-
total
9 094
-
20 655
-
Corporate
108 288
193 500
-
-
surtax
1 137
2 031
-
-
communal
7 309
13 062
-
-
income
16 244
29 025
-
-
total
24 690
44 118
-
-
Dividends
83 598
149 381
-
-
income
27 065
14 989
-
-
withholding
12 539
22 406
-
-
total
39 604
37 395
-
-
Income
193 500
193 500
193 500
193 500
Total tax
94 882
81 513
91 960
99 670
After tax
98 618
111 987
101 540
93 830
Living cost
54 623
54 623
54 623
54 623
Free-cash
43 995
57 364
46 917
39 207

Estimated living cost  is ₽54623 per week

₽40975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99136
₽68773
₽62627
₽95938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 498
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
9 524
pensions
-
-
-
26 830
surtax
-
-
-
9 070
total
-
-
-
102 151
Employee
33 849
-
165 263
-
pensions
2 258
-
8 948
-
unemployment
2 356
-
9 337
-
other
-
-
-
-
income
5 675
-
50 486
-
health
864
-
3 420
-
surtax
120
-
7 868
-
total
11 273
-
80 059
-
Employer
33 849
-
165 263
-
unemployment
1 074
-
4 252
-
health
1 539
-
6 104
-
pensions
4 513
-
17 882
-
other
-
-
-
-
total
7 126
-
28 238
-
Corporate
152 525
193 500
-
-
income
39 657
50 310
-
-
total
39 657
50 310
-
-
Dividends
112 867
143 190
-
-
withholding
16 930
21 478
-
-
total
16 930
21 478
-
-
Income
193 500
193 500
193 500
193 500
Total tax
74 986
71 788
108 297
102 151
After tax
118 514
121 712
85 203
91 349
Living cost
22 576
22 576
22 576
22 576
Free-cash
95 938
99 136
62 627
68 773

Estimated living cost  is ₽22576 per week

₽13630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74631
₽63812
₽55129
₽72401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
municipal
-
-
-
1 150
regional
-
-
-
2 917
social contributions
-
-
-
49 768
national
-
-
-
48 777
total
-
-
-
102 612
Employee
55 756
-
193 500
-
municipal
296
-
1 026
-
national
8 833
-
42 417
-
social contributions
18 801
-
65 249
-
regional
751
-
2 603
-
total
28 681
-
111 295
-
Employer
55 756
-
193 500
-
total
-
-
-
-
Corporate
137 744
193 500
-
-
municipal
6 846
9 617
-
-
nationa
33 059
46 440
-
-
total
39 905
56 057
-
-
Dividends
97 839
137 443
-
-
withholding
25 437
35 736
-
-
total
25 437
35 736
-
-
Income
193 500
193 500
193 500
193 500
Total tax
94 023
91 793
111 295
102 612
After tax
99 477
101 707
82 205
90 888
Living cost
27 076
27 076
27 076
27 076
Free-cash
72 401
74 631
55 129
63 812

Estimated living cost  is ₽27076 per week

₽16839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103623
₽82276
₽74139
₽93061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
19 921
health
-
-
-
26 123
solidarity contribution
-
-
-
1 010
social contributions
-
-
-
34 568
total
-
-
-
81 622
Employee
43 532
-
150 371
-
solidarity contribution
-
-
280
-
income
5 224
-
18 356
-
health
5 877
-
20 300
-
social contributions
2 830
-
7 695
-
total
13 931
-
46 631
-
Employer
43 532
-
150 371
-
social contributions
10 883
-
29 595
-
health
3 918
-
13 533
-
total
14 801
-
43 128
-
Corporate
135 167
193 500
-
-
income
25 682
36 765
-
-
total
25 682
36 765
-
-
Dividends
109 485
156 735
-
-
withholding
16 423
23 510
-
-
total
16 423
23 510
-
-
Income
193 500
193 500
193 500
193 500
Total tax
70 837
60 275
89 759
81 622
After tax
122 663
133 225
103 741
111 878
Living cost
29 602
29 602
29 602
29 602
Free-cash
93 061
103 623
74 139
82 276

Estimated living cost  is ₽29602 per week

₽22014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74945
₽67489
₽19055
₽74449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 299
unemployment
-
-
-
6 165
chamber of commerce
-
-
-
774
health
-
-
-
8 982
pensions
-
-
-
21 724
surtax
-
-
-
-
total
-
-
-
93 944
Employee
43 937
40 056
156 828
-
pensions
4 500
4 101
12 024
-
unemployment
1 318
1 202
3 523
-
other
439
401
1 175
-
income
3 914
2 955
46 186
-
health
1 700
1 551
4 543
-
total
11 871
10 210
67 451
-
Employer
43 937
40 056
156 828
-
accident
570
521
1 526
-
surtax
-
-
-
-
unemployment
1 318
1 202
3 523
-
payroll
1 318
1 202
4 706
-
health
1 661
1 514
4 439
-
pensions
5 514
5 028
14 737
-
chamber of commerce
175
160
628
-
other
2 087
1 902
7 115
-
total
12 643
11 529
36 674
-
Corporate
136 919
141 916
153 013
-
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.

34 231
35 478
38 253
-
total
34 231
35 478
38 253
-
Dividends
102 688
106 438
-
-
withholding
28 239
29 271
-
-
total
28 239
29 271
-
-
Income
193 500
193 500
193 500
193 500
Total tax
86 984
86 488
142 378
93 944
After tax
106 516
107 012
51 122
99 556
Living cost
32 067
32 067
32 067
32 067
Free-cash
74 449
74 945
19 055
67 489

Estimated living cost  is ₽32067 per week

₽19236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169574
₽177314
₽140549
₽166901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
193 500
microenterprise

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

-
-
-
1 935
total
-
-
-
1 935
Employee
17 814
-
193 500
-
income
3 563
-
38 700
-
total
3 563
-
38 700
-
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%.

175 686
193 500
-
-
total
-
-
-
-
Dividends
175 686
193 500
-
-
withholding
8 785
9 675
-
-
total
8 785
9 675
-
-
Income
193 500
193 500
193 500
193 500
Total tax
12 348
9 675
38 700
1 935
After tax
181 152
183 825
154 800
191 565
Living cost
14 251
14 251
14 251
14 251
Free-cash
166 901
169 574
140 549
177 314

Estimated living cost  is ₽14251 per week

₽9644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106263
₽66317
₽61584
₽97856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
45 554
unemployment
-
-
-
290
health
-
-
-
19 040
pensions
-
-
-
35 339
total
-
-
-
100 223
Employee

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

44 447
-
167 431
-
pensions
6 890
-
25 952
-
unemployment
63
-
235
-
income
7 665
-
41 883
-
health
2 871
-
10 817
-
total
17 489
-
78 887
-
Employer

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

44 447
-
167 431
-
unemployment
27
-
101
-
health
2 960
-
11 151
-
pensions
3 933
-
14 817
-
total
6 920
-
26 069
-
Corporate
142 133
193 500
-
-
income
27 005
36 766
-
-
total
27 005
36 766
-
-
Dividends
115 128
156 734
-
-
withholding
17 270
23 511
-
-
total
17 270
23 511
-
-
Income
193 500
193 500
193 500
193 500
Total tax
68 684
60 277
104 956
100 223
After tax
124 816
133 223
88 544
93 277
Living cost
26 960
26 960
26 960
26 960
Free-cash
97 856
106 263
61 584
66 317

Estimated living cost  is ₽26960 per week

₽18502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74030
₽90029
₽136483
₽25861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
37 717
social contributions
-
-
-
22 059
total
-
-
-
59 776
Employee
62 653
-
-
-
income
13 820
-
-
-
social contributions
5 138
-
732
-
total
18 958
-
732
-
Employer
62 653
-
-
-
social contributions
88 341
-
12 590
-
total
88 341
-
12 590
-
Corporate
42 506
193 500
-
-
income
9 351
42 570
-
-
total
9 351
42 570
-
-
Dividends
33 155
150 930
-
-
income
7 294
33 205
-
-
total
7 294
33 205
-
-
Income
193 500
193 500
193 500
193 500
Total tax
123 944
75 775
13 322
59 776
After tax
69 556
117 725
180 178
133 724
Living cost
43 695
43 695
43 695
43 695
Free-cash
25 861
74 030
136 483
90 029

Estimated living cost  is ₽43695 per week

₽28351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78533
₽71047
₽56374
₽77522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
23 685
social contributions

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

-
-
-
67 240
surtax
-
-
-
-
total
-
-
-
90 925
Employee
46 228
-
156 364
-
income
9 616
-
51 263
-
social contributions
5 085
-
17 199
-
surtax
-
-
-
-
total
14 701
-
68 462
-
Employer
46 228
-
156 364
-
social contributions
10 979
-
37 136
-
total
10 979
-
37 136
-
Corporate
136 293
193 500
-
-
surtax
-
-
-
-
income
28 621
40 636
-
-
total
28 621
40 636
-
-
Dividends
107 672
152 864
-
-
withholding
30 149
42 803
-
-
total
30 149
42 803
-
-
Income
193 500
193 500
193 500
193 500
Total tax
84 450
83 439
105 598
90 925
After tax
109 050
110 061
87 902
102 575
Living cost
31 528
31 528
31 528
31 528
Free-cash
77 522
78 533
56 374
71 047

Estimated living cost  is ₽31528 per week

₽23589
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.
₽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.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48979
₽60168
₽55922
₽55887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
31 643
other
-
-
-
5 999
health
-
-
-
8 696
social contributions
-
-
-
5 512
pensions
-
-
-
32 936
surtax
-
-
-
-
total
-
-
-
84 786
Employee
62 953
-
149 021
-
pensions
7 120
-
10 668
-
income
5 493
-
29 641
-
social contributions
1 793
-
4 246
-
surtax
-
-
-
-
total
14 406
-
44 555
-
Employer
62 953
-
149 021
-
social contributions
189
-
446
-
unemployment
2 550
-
6 035
-
health
4 406
-
14 150
-
pensions
10 344
-
17 904
-
other
2 173
-
5 942
-
total
19 662
-
44 477
-
Corporate
110 885
193 500
-
-
surtax
-
-
-
-
income
31 047
54 180
-
-
total
31 047
54 180
-
-
Dividends
79 838
139 320
-
-
surtax
-
-
-
-
withholding
10 220
17 832
-
-
social contributions
13 732
23 963
-
-
total
23 952
41 795
-
-
Income
193 500
193 500
193 500
193 500
Total tax
89 067
95 975
89 032
84 786
After tax
104 433
97 525
104 468
108 714
Living cost
48 546
48 546
48 546
48 546
Free-cash
55 887
48 979
55 922
60 168

Estimated living cost  is ₽48546 per week

₽32855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143935
₽111726
₽116869
₽140559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
8 990
social contributions
-
-
-
42 570
total
-
-
-
51 560
Employee
32 314
-
167 532
-
income
-
-
9 560
-
social contributions
2 100
-
10 889
-
total
2 100
-
20 449
-
Employer
32 314
-
167 532
-
social contributions
5 009
-
25 968
-
total
5 009
-
25 968
-
Corporate
156 177
193 500
-
-
income
15 618
19 351
-
-
total
15 618
19 351
-
-
Dividends
140 559
174 149
-
-
total
-
-
-
-
Income
193 500
193 500
193 500
193 500
Total tax
22 727
19 351
46 417
51 560
After tax
170 773
174 149
147 083
141 940
Living cost
30 214
30 214
30 214
30 214
Free-cash
140 559
143 935
116 869
111 726

Estimated living cost  is ₽30214 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25508
₽64763
-₽25508
-₽25508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
municipal
-
-
-
40 795
labour market
-
-
-
15 410
pensions
-
-
-
871
national
-
-
-
23 251
total
-
-
-
80 327
Employee
204 328
204 328
204 328
-
municipal
43 510
43 510
43 510
-
pensions
290
290
290
-
labour market
16 323
16 323
16 323
-
national
24 962
24 962
24 962
-
total
85 085
85 085
85 085
-
Employer
204 328
204 328
204 328
-
labour market
16 346
16 346
16 346
-
national
25 006
25 006
25 006
-
pensions
581
581
581
-
municipal
43 580
43 580
43 580
-
total
85 513
85 513
85 513
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
193 500
193 500
193 500
193 500
Total tax
170 598
170 598
170 598
80 327
After tax
22 902
22 902
22 902
113 173
Living cost
48 410
48 410
48 410
48 410
Free-cash
-25 508
-25 508
-25 508
64 763

Estimated living cost  is ₽48410 per week

₽33132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6037
₽110505
₽83995
₽12344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
54 308
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
61 284
Employee
34 153
-
175 245
-
pensions
3 846
-
7 642
-
income
4 685
-
41 832
-
health
3 911
-
20 066
-
total
12 442
-
69 540
-
Employer
34 153
-
175 245
-
accident
570
-
2 926
-
unemployment
837
-
4 293
-
pensions
5 553
-
11 035
-
total
6 960
-
18 254
-
Corporate
152 386
193 500
-
-
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.

137 147
174 150
-
-
total
137 147
174 150
-
-
Dividends
15 239
19 350
-
-
withholding
2 896
3 676
-
-
total
2 896
3 676
-
-
Income
193 500
193 500
193 500
193 500
Total tax
159 445
177 826
87 794
61 284
After tax
34 055
15 674
105 706
132 216
Living cost
21 711
21 711
21 711
21 711
Free-cash
12 344
-6 037
83 995
110 505

Estimated living cost  is ₽21711 per week

₽15803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81638
₽83825
₽61661
₽84561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
193 500
health
-
-
-
2 560
municipal
-
-
-
34 370
national
-
-
-
34 155
total
-
-
-
71 085
Employee
52 882
-
162 783
-
municipal
8 662
-
26 507
-
pensions
3 569
-
10 989
-
unemployment
793
-
2 442
-
national
874
-
20 507
-
health
395
-
2 087
-
total
14 293
-
62 532
-
Employer
52 882
-
162 783
-
accident
53
-
162
-
unemployment
343
-
1 059
-
health
406
-
1 253
-
pensions
9 175
-
28 243
-
total
9 977
-
30 717
-
Corporate
130 640
193 500
-
-
income
26 128
38 700
-
-
total
26 128
38 700
-
-
Dividends

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

78 384
116 100
-
-
municipal
14 109
20 898
-
-
national
5 842
13 674
-
-
total
19 951
34 572
-
-
Income
193 500
193 500
193 500
193 500
Total tax
70 349
73 272
93 249
71 085
After tax
123 151
120 228
100 251
122 415
Living cost
38 590
38 590
38 590
38 590
Free-cash
84 561
81 638
61 661
83 825

Estimated living cost  is ₽38590 per week

₽25207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117831
₽108162
₽106503
₽112365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
40 868
health
-
-
-
4 935
social contributions
-
-
-
16 263
total
-
-
-
62 066
Employee
77 290
77 290
181 491
-
income
8 416
7 155
39 978
-
health
599
1 314
3 086
-
social contributions
2 922
6 415
8 652
-
total
11 937
14 884
51 716
-
Employer
77 290
77 290
181 491
-
social contributions
2 922
6 415
8 652
-
health
650
1 431
3 357
-
total
3 572
7 846
12 009
-
Corporate
154 719
108 365
-
-
income
19 339
13 547
-
-
total
19 339
13 547
-
-
Dividends
135 380
94 819
-
-
withholding
23 015
16 120
-
-
total
23 015
16 120
-
-
Income
193 500
193 500
193 500
193 500
Total tax
57 863
52 397
63 725
62 066
After tax
135 637
141 103
129 775
131 434
Living cost
23 272
23 272
23 272
23 272
Free-cash
112 365
117 831
106 503
108 162

Estimated living cost  is ₽23272 per week

₽13947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144280
₽147658
₽127498
₽139168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
193 500
income
-
-
-
19 824
unemployment
-
-
-
29
health
-
-
-
3 637
pensions
-
-
-
6 394
total
-
-
-
29 884
Employee

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

23 071
-
183 677
-
pensions
3 460
-
14 306
-
unemployment
114
-
477
-
income
1 577
-
17 331
-
health
1 961
-
8 107
-
total
7 112
-
40 221
-
Employer

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

23 071
-
183 677
-
unemployment
114
-
477
-
health
992
-
4 101
-
pensions
1 268
-
5 245
-
total
2 374
-
9 823
-
Corporate
168 054
193 500
-
-
income
15 124
17 415
-
-
total
15 124
17 415
-
-
Dividends
152 930
176 085
-
-
withholding
13 764
15 847
-
-
total
13 764
15 847
-
-
Income
193 500
193 500
193 500
193 500
Total tax
38 374
33 262
50 044
29 884
After tax
155 126
160 238
143 456
163 616
Living cost
15 958
15 958
15 958
15 958
Free-cash
139 168
144 280
127 498
147 658

Estimated living cost  is ₽15958 per week

₽10182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101141
₽80768
₽76551
₽96704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
57 144
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
85 092
Employee
37 166
-
163 800
-
pensions
1 747
-
4 379
-
unemployment
576
-
1 444
-
other
36
-
93
-
income
7 165
-
53 693
-
total
9 524
-
59 609
-
Employer
37 166
-
163 800
-
accident
736
-
1 844
-
unemployment
2 045
-
5 123
-
pensions
8 770
-
21 987
-
other
298
-
746
-
total
11 849
-
29 700
-
Corporate
144 486
193 500
-
-
income

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

21 672
29 025
-
-
total
21 672
29 025
-
-
Dividends
122 813
164 475
-
-
withholding
26 111
35 694
-
-
total
26 111
35 694
-
-
Income
193 500
193 500
193 500
193 500
Total tax
69 156
64 719
89 309
85 092
After tax
124 344
128 781
104 191
108 408
Living cost
27 640
27 640
27 640
27 640
Free-cash
96 704
101 141
76 551
80 768

Estimated living cost  is ₽27640 per week

₽18656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117977
₽121383
₽121186
₽117523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
65 868
health
-
-
-
1 463
pensions
-
-
-
2 019
total
-
-
-
69 350
Employee
4 215
-
191 229
-
pensions
379
-
908
-
unemployment
42
-
101
-
income
815
-
65 762
-
health
211
-
505
-
total
1 447
-
67 276
-
Employer
4 215
-
191 229
-
unemployment
84
-
202
-
health
400
-
959
-
pensions
464
-
1 110
-
total
948
-
2 271
-
Corporate
188 337
193 500
-
-
income
41 434
42 570
-
-
total
41 434
42 570
-
-
Dividends
146 903
150 930
-
-
withholding
29 381
30 186
-
-
total
29 381
30 186
-
-
Income
193 500
193 500
193 500
193 500
Total tax
73 210
72 756
69 547
69 350
After tax
120 290
120 744
123 953
124 150
Living cost
2 767
2 767
2 767
2 767
Free-cash
117 523
117 977
121 186
121 383

Estimated living cost  is ₽2767 per week

₽1644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122411
₽103837
₽103838
₽117461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
44 174
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
72 270
Employee

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

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

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

26 227
-
180 196
-
pensions
3 672
-
10 406
-
unemployment
197
-
557
-
income
3 615
-
44 174
-
health
1 351
-
3 828
-
total
8 835
-
58 965
-
Employer

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

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

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

26 227
-
180 196
-
unemployment
197
-
557
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
total
4 695
-
13 304
-
Corporate
162 578
193 500
-
-
income
24 387
29 025
-
-
total
24 387
29 025
-
-
Dividends
138 191
164 475
-
-
withholding
20 729
24 671
-
-
total
20 729
24 671
-
-
Income
193 500
193 500
193 500
193 500
Total tax
58 646
53 696
72 269
72 270
After tax
134 854
139 804
121 231
121 230
Living cost
17 393
17 393
17 393
17 393
Free-cash
117 461
122 411
103 838
103 837

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82963
₽75477
₽60804
₽82602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
23 685
social contributions

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

-
-
-
67 240
surtax
-
-
-
-
total
-
-
-
90 925
Employee
39 011
-
156 364
-
income
7 623
-
51 263
-
social contributions
4 292
-
17 199
-
surtax
-
-
-
-
total
11 915
-
68 462
-
Employer
39 011
-
156 364
-
social contributions
9 264
-
37 136
-
total
9 264
-
37 136
-
Corporate
145 224
193 500
-
-
surtax
-
-
-
-
income
30 498
40 636
-
-
total
30 498
40 636
-
-
Dividends
114 727
152 864
-
-
withholding
32 123
42 803
-
-
total
32 123
42 803
-
-
Income
193 500
193 500
193 500
193 500
Total tax
83 800
83 439
105 598
90 925
After tax
109 700
110 061
87 902
102 575
Living cost
27 098
27 098
27 098
27 098
Free-cash
82 602
82 963
60 804
75 477

Estimated living cost  is ₽27098 per week

₽19192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
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.
₽5543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93456
₽73083
₽68866
₽86881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
57 144
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
85 092
Employee
48 543
-
163 800
-
pensions
2 281
-
4 379
-
unemployment
752
-
1 444
-
other
48
-
93
-
income
10 139
-
53 693
-
total
13 220
-
59 609
-
Employer
48 543
-
163 800
-
accident
961
-
1 844
-
unemployment
2 670
-
5 123
-
pensions
11 456
-
21 987
-
other
389
-
746
-
total
15 476
-
29 700
-
Corporate
129 480
193 500
-
-
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.

19 421
29 025
-
-
total
19 421
29 025
-
-
Dividends
110 059
164 475
-
-
withholding
23 177
35 694
-
-
total
23 177
35 694
-
-
Income
193 500
193 500
193 500
193 500
Total tax
71 294
64 719
89 309
85 092
After tax
122 206
128 781
104 191
108 408
Living cost
35 325
35 325
35 325
35 325
Free-cash
86 881
93 456
68 866
73 083

Estimated living cost  is ₽35325 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148169
₽137838
₽145605
₽142052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
29 025
unemployment
-
-
-
140
health
-
-
-
4 033
pensions

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

-
-
-
5 191
total
-
-
-
38 389
Employee
22 872
-
186 619
-
pensions

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

2 008
-
3 080
-
income
2 288
-
18 662
-
health
1 052
-
1 613
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
total
5 599
-
23 741
-
Employer
22 872
-
186 619
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
health
1 578
-
2 420
-
pensions

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

2 520
-
3 865
-
total
4 486
-
6 881
-
Corporate
166 141
193 500
-
-
income
16 614
19 350
-
-
total
16 614
19 350
-
-
Dividends
149 527
174 150
-
-
withholding
7 476
8 708
-
-
total
7 476
8 708
-
-
Income
193 500
193 500
193 500
193 500
Total tax
34 175
28 058
30 622
38 389
After tax
159 325
165 442
162 878
155 111
Living cost
17 273
17 273
17 273
17 273
Free-cash
142 052
148 169
145 605
137 838

Estimated living cost  is ₽17273 per week

₽11424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60753
₽61741
₽82803
₽73901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income

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

-
-
-
61 636
trade
-
-
-
21 062
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.

-
-
-
6 867
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.

-
-
-
3 389
total
-
-
-
92 954
Employee

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

50 011
-
193 500
-
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.

4 112
-
61 636
-
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.

6 867
-
6 867
-
surtax

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

227
-
3 389
-
total
11 206
-
71 892
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 489
193 500
-
-
surtax

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

1 185
1 597
-
-
trade
20 591
27 766
-
-
chamber of commerce
362
437
-
-
income
21 523
29 025
-
-
total
43 661
58 825
-
-
Dividends
99 828
134 675
-
-
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.

1 352
1 831
-
-
withholding
24 575
33 286
-
-
total
25 927
35 117
-
-
Income
193 500
193 500
193 500
193 500
Total tax
80 794
93 942
71 892
92 954
After tax
112 706
99 558
121 608
100 546
Living cost
38 805
38 805
38 805
38 805
Free-cash
73 901
60 753
82 803
61 741

Estimated living cost  is ₽38805 per week

₽26769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78193
₽42792
₽42792
₽80412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
60 786
social contributions
-
-
-
32 665
total
-
-
-
93 451
Employee
78 624
-
193 500
-
income
14 836
-
60 786
-
social contributions
6 532
-
32 665
-
total
21 368
-
93 451
-
Employer
78 624
-
193 500
-
total
-
-
-
-
Corporate
114 876
193 500
-
-
income
14 359
24 188
-
-
total
14 359
24 188
-
-
Dividends
100 517
169 312
-
-
withholding
20 104
33 862
-
-
total
20 104
33 862
-
-
Income
193 500
193 500
193 500
193 500
Total tax
55 831
58 050
93 451
93 451
After tax
137 669
135 450
100 049
100 049
Living cost
57 257
57 257
57 257
57 257
Free-cash
80 412
78 193
42 792
42 792

Estimated living cost  is ₽57257 per week

₽43560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
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.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83979
₽121237
₽100092
₽87490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
29 025
health

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

-
-
-
6 752
total
-
-
-
35 777
Employee
46 109
-
188 876
-
income
5 003
-
47 674
-
social contributions
4 620
-
4 624
-
total
9 623
-
52 298
-
Employer
46 109
-
188 876
-
social contributions
4 620
-
4 624
-
total
4 620
-
4 624
-
Corporate
142 771
193 500
-
-
income
49 971
67 725
-
-
total
49 971
67 725
-
-
Dividends
92 800
125 775
-
-
social contributions
5 310
5 310
-
-
total
5 310
5 310
-
-
Income
193 500
193 500
193 500
193 500
Total tax
69 524
73 035
56 922
35 777
After tax
123 976
120 465
136 578
157 723
Living cost
36 486
36 486
36 486
36 486
Free-cash
87 490
83 979
100 092
121 237

Estimated living cost  is ₽36486 per week

₽24034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
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.
₽9016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87384
₽89523
₽72091
₽93392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
56 874
pensions
-
-
-
9 424
total
-
-
-
66 298
Employee
51 720
-
168 897
-
pensions
3 948
-
11 481
-
income
9 419
-
45 255
-
health
675
-
2 391
-
total
14 042
-
59 127
-
Employer
51 720
-
168 897
-
health
983
-
3 208
-
pensions
5 225
-
21 395
-
total
6 208
-
24 603
-
Corporate
135 571
193 500
-
-
income

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

25 758
36 766
-
-
total
25 758
36 766
-
-
Dividends
109 813
156 734
-
-
withholding
16 421
31 671
-
-
total
16 421
31 671
-
-
Income
193 500
193 500
193 500
193 500
Total tax
62 429
68 437
83 730
66 298
After tax
131 071
125 063
109 770
127 202
Living cost
37 679
37 679
37 679
37 679
Free-cash
93 392
87 384
72 091
89 523

Estimated living cost  is ₽37679 per week

₽25848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8187
₽108355
₽81845
₽12015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
income
-
-
-
54 308
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
61 284
Employee
37 534
-
175 245
-
pensions
4 226
-
7 642
-
income
5 149
-
41 832
-
health
4 297
-
20 066
-
total
13 672
-
69 540
-
Employer
37 534
-
175 245
-
accident
627
-
2 926
-
unemployment
919
-
4 293
-
pensions
6 103
-
11 035
-
total
7 649
-
18 254
-
Corporate
148 317
193 500
-
-
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.

133 485
174 150
-
-
total
133 485
174 150
-
-
Dividends
14 832
19 350
-
-
withholding
2 818
3 676
-
-
total
2 818
3 676
-
-
Income
193 500
193 500
193 500
193 500
Total tax
157 624
177 826
87 794
61 284
After tax
35 876
15 674
105 706
132 216
Living cost
23 861
23 861
23 861
23 861
Free-cash
12 015
-8 187
81 845
108 355

Estimated living cost  is ₽23861 per week

₽17511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1390
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.
₽4478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134462
₽103611
₽125694
₽144565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
193 500
income
-
-
-
32 154
unemployment
-
-
-
1 927
work injury
-
-
-
803
health insurance
-
-
-
11 886
pensions
-
-
-
29 553
total
-
-
-
76 323
Employee

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

21 706
-
193 500
-
pensions
3 994
-
14 777
-
unemployment
260
-
964
-
work injury
109
-
402
-
health insurance
1 606
-
5 943
-
income
2 171
-
32 154
-
total
8 140
-
54 240
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 794
193 500
-
-
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%.

1 718
19 350
-
-
total
1 718
19 350
-
-
Dividends
170 076
174 150
-
-
withholding
25 511
26 122
-
-
total
25 511
26 122
-
-
Income
193 500
193 500
193 500
193 500
Total tax
35 369
45 472
54 240
76 323
After tax
158 131
148 028
139 260
117 177
Living cost
13 566
13 566
13 566
13 566
Free-cash
144 565
134 462
125 694
103 611

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61881
₽49169
₽40689
₽57307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
193 500
municipal
-
-
-
1 293
regional
-
-
-
4 451
social contributions
-
-
-
49 768
national
-
-
-
48 777
total
-
-
-
104 289
Employee
84 699
-
193 500
-
municipal
505
-
1 154
-
national
14 313
-
42 417
-
social contributions
28 560
-
65 249
-
regional
1 279
-
3 949
-
total
44 657
-
112 769
-
Employer
84 699
-
193 500
-
total
-
-
-
-
Corporate
108 801
193 500
-
-
municipal
5 244
9 327
-
-
nationa
26 113
46 440
-
-
total
31 357
55 767
-
-
Dividends
77 445
137 733
-
-
withholding
20 137
35 810
-
-
total
20 137
35 810
-
-
Income
193 500
193 500
193 500
193 500
Total tax
96 151
91 577
112 769
104 289
After tax
97 349
101 923
80 731
89 211
Living cost
40 042
40 042
40 042
40 042
Free-cash
57 307
61 881
40 689
49 169

Estimated living cost  is ₽40042 per week

₽28127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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