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
₽ 194500
per

Your estimated
City
free-cash

Dresden , Germany
₽67298
₽78537
₽68345
₽91538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
trade
-
-
-
23 193
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.

-
-
-
61 845
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 401
total
-
-
-
95 380
Employee

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

38 861
-
194 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
3 401
-
income

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

1 086
-
61 845
-
total
8 087
-
72 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 639
194 500
-
-
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.

1 284
1 604
-
-
income
23 346
29 174
-
-
trade
24 512
30 634
-
-
chamber of commerce
378
434
-
-
total
49 520
61 846
-
-
Dividends
106 119
132 654
-
-
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.

1 438
1 803
-
-
withholding
26 143
32 778
-
-
total
27 581
34 581
-
-
Income
194 500
194 500
194 500
194 500
Total tax
85 188
96 427
72 187
95 380
After tax
109 312
98 073
122 313
99 120
Living cost
30 775
30 775
30 775
30 775
Free-cash
78 537
67 298
91 538
68 345

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽70100
₽69248
₽61924
₽62968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
21 423
pensions
-
-
-
23 340
national
-
-
-
34 454
social contributions
-
-
-
2 091
total
-
-
-
81 308
Employee
79 474
-
168 144
-
municipal
9 816
-
22 176
-
pensions
3 179
-
6 726
-
national
15 211
-
36 103
-
total
28 206
-
65 005
-
Employer
79 474
-
168 144
-
social contributions
854
-
1 808
-
pensions
6 358
-
13 451
-
total
7 212
-
15 259
-
Corporate
102 568
194 500
-
-
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%.

20 514
38 900
-
-
total
20 514
38 900
-
-
Dividends
82 054
155 600
-
-
withholding
18 052
34 232
-
-
total
18 052
34 232
-
-
Income
194 500
194 500
194 500
194 500
Total tax
73 984
73 132
80 264
81 308
After tax
120 516
121 368
114 236
113 192
Living cost
51 268
51 268
51 268
51 268
Free-cash
69 248
70 100
62 968
61 924

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134462
₽126127
₽47315
₽61634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
microenterprise
-
-
-
-
income
-
-
-
37 521
surtax
-
-
-
49 597
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.

-
-
-
38 929
total
-
-
-
126 047
Employee
29 689
-
148 946
-
social contributions

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

3 266
-
13 319
-
surtax
-
-
21 597
-
income
5 285
-
31 258
-
total
8 551
-
66 174
-
Employer
29 689
-
148 946
-
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.

7 151
-
29 171
-
surtax
-
-
16 383
-
total
7 151
-
45 554
-
Corporate
157 659
194 500
-
-
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%.

31 533
38 900
-
-
total
31 533
38 900
-
-
Dividends

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

126 127
155 600
-
-
total
-
-
-
-
Income
194 500
194 500
194 500
194 500
Total tax
47 235
38 900
111 728
126 047
After tax
147 265
155 600
82 772
68 453
Living cost
21 138
21 138
21 138
21 138
Free-cash
126 127
134 462
61 634
47 315

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽53965
₽47739
₽63736
₽80642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
63 768
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
88 201
Employee
86 765
86 765
175 618
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
27 980
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
52 413
-
Employer
86 765
86 765
175 618
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
93 605
92 541
-
-
income
18 720
18 508
-
-
total
18 720
18 508
-
-
Dividends
74 885
74 033
-
-
income
15 913
15 732
-
-
withholding
11 233
11 104
-
-
total
27 146
26 836
-
-
Income
194 500
194 500
194 500
194 500
Total tax
104 198
97 972
71 295
88 201
After tax
90 302
96 528
123 205
106 299
Living cost
42 563
42 563
42 563
42 563
Free-cash
47 739
53 965
80 642
63 736

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽67044
₽66164
₽59385
₽58436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
50 587
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
20 516
total
-
-
-
95 962
Employee
55 789
-
167 539
-
municipal
16 636
-
49 960
-
national
-
-
19 990
-
total
16 636
-
69 950
-
Employer
55 789
-
167 539
-
accident
112
-
172
-
other
6 483
-
9 971
-
unemployment
1 473
-
2 265
-
pensions
6 031
-
9 276
-
health
3 431
-
5 277
-
total
17 530
-
26 961
-
Corporate
121 182
194 500
-
-
income
26 660
42 790
-
-
total
26 660
42 790
-
-
Dividends
94 522
151 710
-
-
withholding
28 357
45 513
-
-
total
28 357
45 513
-
-
Income
194 500
194 500
194 500
194 500
Total tax
89 183
88 303
96 911
95 962
After tax
105 317
106 197
97 589
98 538
Living cost
39 153
39 153
39 153
39 153
Free-cash
66 164
67 044
58 436
59 385

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57160
₽71437
₽58174
₽82399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
trade
-
-
-
24 225
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.

-
-
-
61 845
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 401
total
-
-
-
96 412
Employee

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

51 525
-
194 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
3 401
-
income

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

4 427
-
61 845
-
total
11 611
-
72 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 975
194 500
-
-
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.

1 180
1 604
-
-
income
21 446
29 174
-
-
trade
23 519
31 995
-
-
chamber of commerce
357
430
-
-
total
46 502
63 203
-
-
Dividends
96 472
131 296
-
-
surtax

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

1 305
1 784
-
-
withholding
23 731
32 439
-
-
total
25 036
34 223
-
-
Income
194 500
194 500
194 500
194 500
Total tax
83 149
97 426
72 187
96 412
After tax
111 351
97 074
122 313
98 088
Living cost
39 914
39 914
39 914
39 914
Free-cash
71 437
57 160
82 399
58 174

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108885
₽104671
₽99209
₽97540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
40 938
health
-
-
-
4 959
social contributions
-
-
-
16 439
total
-
-
-
62 336
Employee
78 128
78 128
182 380
-
social contributions
3 796
6 484
8 746
-
health
777
1 328
3 100
-
income
8 204
7 232
40 039
-
total
12 777
15 044
51 885
-
Employer
78 128
78 128
182 380
-
social contributions
3 796
6 484
8 746
-
health
846
1 446
3 374
-
total
4 642
7 930
12 120
-
Corporate
144 124
108 441
-
-
income
18 016
13 555
-
-
total
18 016
13 555
-
-
Dividends
126 108
94 887
-
-
withholding
21 439
16 131
-
-
total
21 439
16 131
-
-
Income
194 500
194 500
194 500
194 500
Total tax
56 874
52 660
64 005
62 336
After tax
137 626
141 840
130 495
132 164
Living cost
32 955
32 955
32 955
32 955
Free-cash
104 671
108 885
97 540
99 209

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽90822
₽91203
₽116335
₽94350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
23 778
pensions
-
-
-
19 450
unemployment
-
-
-
2 918
health
-
-
-
13 615
total
-
-
-
59 761
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.

26 567
10 573
162 762
-
health
1 860
740
11 393
-
income
3 248
1 293
19 898
-
pensions
2 657
1 057
16 276
-
unemployment
399
159
2 441
-
total
8 164
3 249
50 008
-
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.

26 567
10 573
162 762
-
pensions
5 181
2 062
31 738
-
total
5 181
2 062
31 738
-
Corporate
162 753
181 865
-
-
income
14 648
16 368
-
-
total
14 648
16 368
-
-
Dividends
148 105
165 497
-
-
social contributions
28 760
32 151
-
-
withholding
28 140
31 444
-
-
total
56 900
63 595
-
-
Income
194 500
194 500
194 500
194 500
Total tax
84 893
85 274
81 746
59 761
After tax
109 607
109 226
112 754
134 739
Living cost
18 404
18 404
18 404
18 404
Free-cash
91 203
90 822
94 350
116 335

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽131059
₽124747
₽79712
₽87564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
26 062
pensions
-
-
-
38 900
health
-
-
-
25 285
total
-
-
-
90 247
Employee
28 823
-
145 366
-
income
3 245
-
28 027
-
pensions
577
-
2 908
-
unemployment
461
-
2 325
-
total
4 283
-
33 260
-
Employer
28 823
-
145 366
-
unemployment
231
-
1 163
-
pensions
5 765
-
29 074
-
health
3 746
-
18 898
-
total
9 742
-
49 135
-
Corporate
155 934
194 500
-
-
income
31 187
38 900
-
-
total
31 187
38 900
-
-
Dividends
124 746
155 600
-
-
total
-
-
-
-
Income
194 500
194 500
194 500
194 500
Total tax
45 212
38 900
82 395
90 247
After tax
149 288
155 600
112 105
104 253
Living cost
24 541
24 541
24 541
24 541
Free-cash
124 747
131 059
87 564
79 712

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽6438
₽12350
₽110707
₽84046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
255
income
-
-
-
54 574
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 600
Employee
34 910
-
176 130
-
health
3 997
-
20 167
-
income
4 789
-
42 028
-
pensions
3 931
-
7 696
-
total
12 717
-
69 891
-
Employer
34 910
-
176 130
-
accident
583
-
2 941
-
unemployment
855
-
4 315
-
pensions
5 677
-
11 114
-
total
7 115
-
18 370
-
Corporate
152 475
194 500
-
-
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.

137 228
175 050
-
-
total
137 228
175 050
-
-
Dividends
15 248
19 450
-
-
withholding
2 897
3 695
-
-
total
2 897
3 695
-
-
Income
194 500
194 500
194 500
194 500
Total tax
159 957
178 745
88 261
61 600
After tax
34 543
15 755
106 239
132 900
Living cost
22 193
22 193
22 193
22 193
Free-cash
12 350
-6 438
84 046
110 707

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175514
₽173778
₽183294
₽146339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
194 500
microenterprise

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

-
-
-
1 945
total
-
-
-
1 945
Employee
11 576
-
194 500
-
income
2 315
-
38 900
-
total
2 315
-
38 900
-
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%.

182 924
194 500
-
-
total
-
-
-
-
Dividends
182 924
194 500
-
-
withholding
9 146
9 725
-
-
total
9 146
9 725
-
-
Income
194 500
194 500
194 500
194 500
Total tax
11 461
9 725
38 900
1 945
After tax
183 039
184 775
155 600
192 555
Living cost
9 261
9 261
9 261
9 261
Free-cash
173 778
175 514
146 339
183 294

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115827
₽108965
₽84687
₽83003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
31 521
pensions

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

-
-
-
37 082
other
-
-
-
7 338
health
-
-
-
6 799
total
-
-
-
82 740
Employee
36 891
-
155 558
-
health
517
-
2 163
-
income
6 351
-
30 960
-
pensions

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

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
45 482
-
Employer
36 891
-
155 558
-
accident
295
-
1 244
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
pensions

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

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
38 942
-
Corporate
148 311
194 500
-
-
income
31 145
40 845
-
-
total
31 145
40 845
-
-
Dividends
117 166
153 655
-
-
withholding
8 202
10 755
-
-
total
8 202
10 755
-
-
Income
194 500
194 500
194 500
194 500
Total tax
58 462
51 600
84 424
82 740
After tax
136 038
142 900
110 076
111 760
Living cost
27 073
27 073
27 073
27 073
Free-cash
108 965
115 827
83 003
84 687

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽57363
₽63273
₽59494
₽41965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
57 108
pensions
-
-
-
9 489
total
-
-
-
66 597
Employee
96 788
-
169 774
-
health
1 595
-
2 406
-
income
17 447
-
45 426
-
pensions
9 337
-
11 568
-
total
28 379
-
59 400
-
Employer
96 788
-
169 774
-
pensions
11 428
-
21 500
-
health
1 838
-
3 226
-
total
13 266
-
24 726
-
Corporate
84 446
194 500
-
-
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.

16 044
36 955
-
-
total
16 044
36 955
-
-
Dividends
68 402
157 545
-
-
withholding
5 129
31 773
-
-
total
5 129
31 773
-
-
Income
194 500
194 500
194 500
194 500
Total tax
62 818
68 728
84 126
66 597
After tax
131 682
125 772
110 374
127 903
Living cost
68 409
68 409
68 409
68 409
Free-cash
63 273
57 363
41 965
59 494

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽152975
₽148257
₽142526
₽150322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
29 175
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 652
Employee
17 641
-
187 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
18 754
-
pensions

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

1 549
-
3 116
-
total
4 318
-
23 893
-
Employer
17 641
-
187 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
173 398
194 500
-
-
income
17 340
19 450
-
-
total
17 340
19 450
-
-
Dividends
156 058
175 050
-
-
withholding
7 802
8 753
-
-
total
7 802
8 753
-
-
Income
194 500
194 500
194 500
194 500
Total tax
32 921
28 203
30 856
38 652
After tax
161 579
166 297
163 644
155 848
Living cost
13 322
13 322
13 322
13 322
Free-cash
148 257
152 975
150 322
142 526

Estimated living cost  is ₽13322 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽40187
₽42742
₽49958
₽66864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
63 768
pensions
-
-
-
11 904
health
-
-
-
12 529
total
-
-
-
88 201
Employee
94 199
86 765
175 618
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
27 980
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
52 413
-
Employer
94 199
86 765
175 618
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
83 807
92 541
-
-
income
16 761
18 508
-
-
total
16 761
18 508
-
-
Dividends
67 046
74 033
-
-
income
14 247
15 732
-
-
withholding
10 057
11 104
-
-
total
24 304
26 836
-
-
Income
194 500
194 500
194 500
194 500
Total tax
95 417
97 972
71 295
88 201
After tax
99 083
96 528
123 205
106 299
Living cost
56 341
56 341
56 341
56 341
Free-cash
42 742
40 187
66 864
49 958

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽109639
₽100979
₽88083
₽79917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
19 997
health
-
-
-
26 258
solidarity contribution
-
-
-
959
social contributions
-
-
-
34 929
total
-
-
-
82 143
Employee
35 697
-
151 005
-
social contributions
2 320
-
7 775
-
health
4 819
-
20 386
-
solidarity contribution
-
-
226
-
income
4 284
-
18 427
-
total
11 423
-
46 814
-
Employer
35 697
-
151 005
-
social contributions
8 924
-
29 905
-
health
3 213
-
13 590
-
total
12 137
-
43 495
-
Corporate
146 666
194 500
-
-
income
27 867
36 955
-
-
total
27 867
36 955
-
-
Dividends
118 800
157 545
-
-
withholding
17 820
23 632
-
-
total
17 820
23 632
-
-
Income
194 500
194 500
194 500
194 500
Total tax
69 247
60 587
90 309
82 143
After tax
125 253
133 913
104 191
112 357
Living cost
24 274
24 274
24 274
24 274
Free-cash
100 979
109 639
79 917
88 083

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽60901
₽55595
₽49178
₽40389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
1 155
regional
-
-
-
2 312
national
-
-
-
48 957
social contributions
-
-
-
50 025
total
-
-
-
102 449
Employee
90 299
-
194 500
-
social contributions
30 449
-
65 585
-
regional
852
-
2 042
-
municipal
478
-
1 032
-
national
15 647
-
42 579
-
total
47 426
-
111 238
-
Employer
90 299
-
194 500
-
total
-
-
-
-
Corporate
104 201
194 500
-
-
nationa
25 008
46 680
-
-
municipal
4 064
7 585
-
-
total
29 072
54 265
-
-
Dividends
75 129
140 235
-
-
withholding
19 534
36 461
-
-
total
19 534
36 461
-
-
Income
194 500
194 500
194 500
194 500
Total tax
96 032
90 726
111 238
102 449
After tax
98 468
103 774
83 262
92 051
Living cost
42 873
42 873
42 873
42 873
Free-cash
55 595
60 901
40 389
49 178

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽99920
₽96759
₽69416
₽63203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
56 615
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 070
total
-
-
-
102 664
Employee
33 600
-
165 956
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
7 853
-
income
5 632
-
50 540
-
pensions
2 240
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 179
-
80 333
-
Employer
33 600
-
165 956
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 076
-
health
1 529
-
6 170
-
total
7 072
-
28 544
-
Corporate
153 828
194 500
-
-
income
39 995
50 571
-
-
total
39 995
50 571
-
-
Dividends
113 833
143 929
-
-
withholding
17 075
21 589
-
-
total
17 075
21 589
-
-
Income
194 500
194 500
194 500
194 500
Total tax
75 321
72 160
108 877
102 664
After tax
119 179
122 340
85 623
91 836
Living cost
22 420
22 420
22 420
22 420
Free-cash
96 759
99 920
63 203
69 416

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽79037
₽85794
₽81168
₽63639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
57 108
pensions
-
-
-
9 489
total
-
-
-
66 597
Employee
64 865
-
169 774
-
health
942
-
2 406
-
income
11 682
-
45 426
-
pensions
5 506
-
11 568
-
total
18 130
-
59 400
-
Employer
64 865
-
169 774
-
pensions
7 022
-
21 500
-
health
1 232
-
3 226
-
total
8 254
-
24 726
-
Corporate
121 381
194 500
-
-
income

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

23 063
36 955
-
-
total
23 063
36 955
-
-
Dividends
98 318
157 545
-
-
withholding
12 524
31 773
-
-
total
12 524
31 773
-
-
Income
194 500
194 500
194 500
194 500
Total tax
61 971
68 728
84 126
66 597
After tax
132 529
125 772
110 374
127 903
Living cost
46 735
46 735
46 735
46 735
Free-cash
85 794
79 037
63 639
81 168

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11325
₽44534
₽78558
₽70103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
city
-
-
-
2 049
pensions
-
-
-
17 893
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.

-
-
-
3 889
regional
-
-
-
10 115
health
-
-
-
439
national
-
-
-
3 942
total
-
-
-
38 327
Employee
90 829
-
174 263
-
city
975
-
1 874
-
regional
2 974
-
8 785
-
health
205
-
393
-
pensions
7 631
-
14 442
-
unemployment
-
-
-
-
national
430
-
2 968
-
total
12 215
-
28 462
-
Employer
90 829
-
174 263
-
other

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

1 816
-
3 485
-
unemployment
-
-
-
-
pensions
7 631
-
14 442
-
health
205
-
393
-
total
9 652
-
18 320
-
Corporate
93 020
194 500
-
-
regional
19 673
41 136
-
-
national
7 906
16 532
-
-
total
27 579
57 668
-
-
Dividends
65 441
136 832
-
-
withholding
22 905
47 892
-
-
total
22 905
47 892
-
-
Income
194 500
194 500
194 500
194 500
Total tax
72 351
105 560
46 782
38 327
After tax
122 149
88 940
147 718
156 173
Living cost
77 615
77 615
77 615
77 615
Free-cash
44 534
11 325
70 103
78 558

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49529
₽66005
₽50513
₽75768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
trade
-
-
-
25 255
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.

-
-
-
61 845
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 401
total
-
-
-
97 442
Employee

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

61 062
-
194 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
3 401
-
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.

7 180
-
61 845
-
total
14 516
-
72 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 438
194 500
-
-
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.

1 101
1 604
-
-
income
20 016
29 174
-
-
trade
22 885
33 357
-
-
chamber of commerce
341
428
-
-
total
44 343
64 563
-
-
Dividends
89 095
129 937
-
-
surtax

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

1 203
1 766
-
-
withholding
21 888
32 097
-
-
total
23 091
33 863
-
-
Income
194 500
194 500
194 500
194 500
Total tax
81 950
98 426
72 187
97 442
After tax
112 550
96 074
122 313
97 058
Living cost
46 545
46 545
46 545
46 545
Free-cash
66 005
49 529
75 768
50 513

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63266
₽69267
₽74595
₽70362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
31 663
pensions
-
-
-
33 201
other
-
-
-
6 029
health
-
-
-
8 707
surtax
-
-
-
-
social contributions
-
-
-
5 543
total
-
-
-
85 143
Employee
43 485
-
149 843
-
social contributions
1 240
-
4 271
-
surtax
-
-
-
-
income
2 566
-
29 752
-
pensions
4 917
-
10 703
-
total
8 723
-
44 726
-
Employer
43 485
-
149 843
-
other
1 500
-
5 966
-
social contributions
131
-
449
-
unemployment
1 760
-
6 068
-
pensions
7 144
-
17 967
-
health
3 045
-
14 200
-
total
13 580
-
44 650
-
Corporate
137 435
194 500
-
-
surtax
-
-
-
-
income
38 481
54 460
-
-
total
38 481
54 460
-
-
Dividends
98 954
140 040
-
-
surtax
-
-
-
-
social contributions
17 021
24 086
-
-
withholding
12 666
17 926
-
-
total
29 687
42 012
-
-
Income
194 500
194 500
194 500
194 500
Total tax
90 471
96 472
89 376
85 143
After tax
104 029
98 028
105 124
109 357
Living cost
34 762
34 762
34 762
34 762
Free-cash
69 267
63 266
70 362
74 595

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽66710
₽72355
₽78039
₽73806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
31 663
pensions
-
-
-
33 201
other
-
-
-
6 029
health
-
-
-
8 707
surtax
-
-
-
-
social contributions
-
-
-
5 543
total
-
-
-
85 143
Employee
38 816
-
149 843
-
social contributions
1 107
-
4 271
-
surtax
-
-
-
-
income
2 001
-
29 752
-
pensions
4 390
-
10 703
-
total
7 498
-
44 726
-
Employer
38 816
-
149 843
-
other
1 340
-
5 966
-
social contributions
116
-
449
-
unemployment
1 571
-
6 068
-
pensions
6 378
-
17 967
-
health
2 717
-
14 200
-
total
12 122
-
44 650
-
Corporate
143 562
194 500
-
-
surtax
-
-
-
-
income
40 197
54 460
-
-
total
40 197
54 460
-
-
Dividends
103 364
140 040
-
-
surtax
-
-
-
-
social contributions
17 779
24 086
-
-
withholding
13 231
17 926
-
-
total
31 010
42 012
-
-
Income
194 500
194 500
194 500
194 500
Total tax
90 827
96 472
89 376
85 143
After tax
103 673
98 028
105 124
109 357
Living cost
31 318
31 318
31 318
31 318
Free-cash
72 355
66 710
73 806
78 039

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97117
₽97646
₽103364
₽98896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
29 174
health
-
-
-
13 576
social contributions
-
-
-
26 841
total
-
-
-
69 591
Employee
34 450
-
194 500
-
social contributions
4 755
-
26 841
-
health
2 404
-
13 576
-
income
5 746
-
33 642
-
total
12 905
-
74 059
-
Employer
34 450
-
194 500
-
total
-
-
-
-
Corporate
160 050
194 500
-
-
income

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

8 002
9 725
-
-
total
8 002
9 725
-
-
Dividends
152 049
184 775
-
-
health
10 612
12 897
-
-
social contributions
20 982
25 499
-
-
withholding
22 808
27 717
-
-
total
54 402
66 113
-
-
Income
194 500
194 500
194 500
194 500
Total tax
75 309
75 838
74 059
69 591
After tax
119 191
118 662
120 441
124 909
Living cost
21 545
21 545
21 545
21 545
Free-cash
97 646
97 117
98 896
103 364

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71666
₽70097
₽64066
₽15548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
chamber of commerce
-
-
-
779
income
-
-
-
56 382
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
94 633
Employee
50 777
40 491
157 320
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
46 107
-
pensions
5 200
4 145
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 320
67 604
-
Employer
50 777
40 491
157 320
-
accident
659
526
1 542
-
other
2 412
1 922
7 144
-
chamber of commerce
202
162
629
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 372
5 083
14 897
-
payroll
1 523
1 215
4 720
-
health
1 918
1 531
4 487
-
total
14 810
11 855
37 181
-
Corporate
128 911
142 155
153 464
-
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.

32 229
35 539
38 366
-
total
32 229
35 539
38 366
-
Dividends
96 683
106 616
-
-
withholding
26 587
29 319
-
-
total
26 587
29 319
-
-
Income
194 500
194 500
194 500
194 500
Total tax
88 602
87 033
143 151
94 633
After tax
105 898
107 467
51 349
99 867
Living cost
35 801
35 801
35 801
35 801
Free-cash
70 097
71 666
15 548
64 066

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽71591
₽56460
₽47378
₽30567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
national
-
-
-
74 595
communal

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

-
-
-
10 150
social contributions
-
-
-
25 331
total
-
-
-
110 076
Employee

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

72 678
-
150 647
-
communal

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

3 791
-
7 857
-
health

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

3 415
-
7 082
-
pensions

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

5 451
-
11 299
-
unemployment

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

632
-
1 311
-
national
22 344
-
55 487
-
total
35 633
-
83 036
-
Employer

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

72 678
-
150 647
-
accident

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

945
-
1 957
-
unemployment

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

1 060
-
2 200
-
surtax
8 241
-
17 083
-
pensions

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

6 440
-
13 346
-
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.

4 469
-
9 265
-
total
21 155
-
43 851
-
Corporate
100 667
194 500
-
-
surtax
403
781
-
-
income
20 133
39 052
-
-
total
20 536
39 833
-
-
Dividends
80 130
154 667
-
-
withholding

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

23 670
46 030
-
-
total
23 670
46 030
-
-
Income
194 500
194 500
194 500
194 500
Total tax
100 994
85 863
126 887
110 076
After tax
93 506
108 637
67 613
84 424
Living cost
37 046
37 046
37 046
37 046
Free-cash
56 460
71 591
30 567
47 378

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽92768
₽85807
₽72288
₽68024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
848
income
-
-
-
57 268
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
85 519
Employee
50 576
-
164 477
-
other
50
-
94
-
income
10 671
-
53 780
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
59 761
-
Employer
50 576
-
164 477
-
accident
1 001
-
1 864
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 225
-
total
16 121
-
30 022
-
Corporate
127 803
194 500
-
-
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.

19 171
29 174
-
-
total
19 171
29 174
-
-
Dividends
108 632
165 326
-
-
withholding
22 825
35 865
-
-
total
22 825
35 865
-
-
Income
194 500
194 500
194 500
194 500
Total tax
72 000
65 039
89 783
85 519
After tax
122 500
129 461
104 717
108 981
Living cost
36 693
36 693
36 693
36 693
Free-cash
85 807
92 768
68 024
72 288

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽57430
₽43944
₽39206
₽46960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
1 641
income
-
-
-
33 682
pensions
-
-
-
29 153
health
-
-
-
13 667
surtax
-
-
-
9 643
communal
-
-
-
12 292
total
-
-
-
100 078
Employee
76 944
-
173 738
-
health
3 424
-
7 732
-
surtax
4 716
-
10 647
-
income
7 432
-
39 283
-
pensions
6 155
-
13 900
-
total
21 727
-
71 562
-
Employer
76 944
-
173 738
-
accident
692
-
1 564
-
pensions
6 155
-
13 900
-
health
2 347
-
5 298
-
total
9 194
-
20 762
-
Corporate
108 363
194 500
-
-
surtax
1 138
2 042
-
-
communal
7 315
13 129
-
-
income
16 254
29 174
-
-
total
24 707
44 345
-
-
Dividends
83 656
150 155
-
-
income
27 164
14 987
-
-
withholding
12 548
22 522
-
-
total
39 712
37 509
-
-
Income
194 500
194 500
194 500
194 500
Total tax
95 340
81 854
92 324
100 078
After tax
99 160
112 646
102 176
94 422
Living cost
55 216
55 216
55 216
55 216
Free-cash
43 944
57 430
46 960
39 206

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99519
₽96288
₽69015
₽62802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
56 615
pensions
-
-
-
27 121
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
9 070
total
-
-
-
102 664
Employee
34 217
-
165 956
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
7 853
-
income
5 736
-
50 540
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
80 333
-
Employer
34 217
-
165 956
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 076
-
health
1 556
-
6 170
-
total
7 204
-
28 544
-
Corporate
153 080
194 500
-
-
income
39 800
50 571
-
-
total
39 800
50 571
-
-
Dividends
113 280
143 929
-
-
withholding
16 993
21 589
-
-
total
16 993
21 589
-
-
Income
194 500
194 500
194 500
194 500
Total tax
75 391
72 160
108 877
102 664
After tax
119 109
122 340
85 623
91 836
Living cost
22 821
22 821
22 821
22 821
Free-cash
96 288
99 519
62 802
69 015

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽74863
₽72607
₽64059
₽55317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
1 155
regional
-
-
-
2 934
national
-
-
-
48 957
social contributions
-
-
-
50 025
total
-
-
-
103 071
Employee
56 361
-
194 500
-
social contributions
19 005
-
65 585
-
regional
759
-
2 617
-
municipal
299
-
1 032
-
national
8 929
-
42 579
-
total
28 992
-
111 813
-
Employer
56 361
-
194 500
-
total
-
-
-
-
Corporate
138 139
194 500
-
-
nationa
33 154
46 680
-
-
municipal
6 866
9 668
-
-
total
40 020
56 348
-
-
Dividends
98 119
138 153
-
-
withholding
25 511
35 919
-
-
total
25 511
35 919
-
-
Income
194 500
194 500
194 500
194 500
Total tax
94 523
92 267
111 813
103 071
After tax
99 977
102 233
82 687
91 429
Living cost
27 370
27 370
27 370
27 370
Free-cash
72 607
74 863
55 317
64 059

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽104001
₽93331
₽82445
₽74279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
19 997
health
-
-
-
26 258
solidarity contribution
-
-
-
959
social contributions
-
-
-
34 929
total
-
-
-
82 143
Employee
43 988
-
151 005
-
social contributions
2 859
-
7 775
-
health
5 938
-
20 386
-
solidarity contribution
-
-
226
-
income
5 278
-
18 427
-
total
14 075
-
46 814
-
Employer
43 988
-
151 005
-
social contributions
10 997
-
29 905
-
health
3 959
-
13 590
-
total
14 956
-
43 495
-
Corporate
135 557
194 500
-
-
income
25 756
36 955
-
-
total
25 756
36 955
-
-
Dividends
109 801
157 545
-
-
withholding
16 470
23 632
-
-
total
16 470
23 632
-
-
Income
194 500
194 500
194 500
194 500
Total tax
71 257
60 587
90 309
82 143
After tax
123 243
133 913
104 191
112 357
Living cost
29 912
29 912
29 912
29 912
Free-cash
93 331
104 001
74 279
82 445

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽75161
₽74663
₽67653
₽18986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
chamber of commerce
-
-
-
779
income
-
-
-
56 382
pensions
-
-
-
21 959
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
94 432
Employee
44 414
40 491
157 505
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
46 196
-
pensions
4 548
4 145
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 998
10 320
67 693
-
Employer
44 414
40 491
157 505
-
accident
577
526
1 542
-
other
2 109
1 922
7 151
-
chamber of commerce
177
162
630
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
4 726
-
health
1 679
1 531
4 487
-
total
12 780
11 654
36 994
-
Corporate
137 305
142 356
153 649
-
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.

34 326
35 589
38 412
-
total
34 326
35 589
38 412
-
Dividends
102 978
106 767
-
-
withholding
28 318
29 361
-
-
total
28 318
29 361
-
-
Income
194 500
194 500
194 500
194 500
Total tax
87 422
86 924
143 099
94 432
After tax
107 078
107 576
51 401
100 068
Living cost
32 415
32 415
32 415
32 415
Free-cash
74 663
75 161
18 986
67 653

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170343
₽167637
₽178123
₽141168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
194 500
microenterprise

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

-
-
-
1 945
total
-
-
-
1 945
Employee
18 040
-
194 500
-
income
3 608
-
38 900
-
total
3 608
-
38 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

176 460
194 500
-
-
total
-
-
-
-
Dividends
176 460
194 500
-
-
withholding
8 823
9 725
-
-
total
8 823
9 725
-
-
Income
194 500
194 500
194 500
194 500
Total tax
12 431
9 725
38 900
1 945
After tax
182 069
184 775
155 600
192 555
Living cost
14 432
14 432
14 432
14 432
Free-cash
167 637
170 343
141 168
178 123

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106663
₽98163
₽66643
₽61803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
income
-
-
-
45 655
pensions
-
-
-
35 520
unemployment
-
-
-
291
health
-
-
-
19 139
total
-
-
-
100 605
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.

44 929
-
168 297
-
health
2 902
-
10 871
-
income
7 748
-
42 050
-
pensions
6 964
-
26 086
-
unemployment
64
-
235
-
total
17 678
-
79 242
-
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.

44 929
-
168 297
-
unemployment
27
-
100
-
pensions
3 976
-
14 895
-
health
2 992
-
11 208
-
total
6 995
-
26 203
-
Corporate
142 575
194 500
-
-
income
27 090
36 954
-
-
total
27 090
36 954
-
-
Dividends
115 485
157 546
-
-
withholding
17 322
23 631
-
-
total
17 322
23 631
-
-
Income
194 500
194 500
194 500
194 500
Total tax
69 085
60 585
105 445
100 605
After tax
125 415
133 915
89 055
93 895
Living cost
27 252
27 252
27 252
27 252
Free-cash
98 163
106 663
61 803
66 643

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽74434
₽26038
₽90515
₽137215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
37 912
social contributions
-
-
-
22 173
total
-
-
-
60 085
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
42 798
194 500
-
-
income
9 416
42 790
-
-
total
9 416
42 790
-
-
Dividends
33 382
151 710
-
-
income
7 344
33 376
-
-
total
7 344
33 376
-
-
Income
194 500
194 500
194 500
194 500
Total tax
124 562
76 166
13 385
60 085
After tax
69 938
118 334
181 115
134 415
Living cost
43 900
43 900
43 900
43 900
Free-cash
26 038
74 434
137 215
90 515

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78761
₽77739
₽71298
₽56550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
income
-
-
-
23 744
surtax
-
-
-
-
social contributions

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

-
-
-
67 588
total
-
-
-
91 332
Employee
46 730
-
157 172
-
social contributions
5 140
-
17 289
-
surtax
-
-
-
-
income
9 720
-
51 463
-
total
14 860
-
68 752
-
Employer
46 730
-
157 172
-
social contributions
11 098
-
37 328
-
total
11 098
-
37 328
-
Corporate
136 672
194 500
-
-
surtax
-
-
-
-
income
28 702
40 845
-
-
total
28 702
40 845
-
-
Dividends
107 970
153 655
-
-
withholding
30 231
43 024
-
-
total
30 231
43 024
-
-
Income
194 500
194 500
194 500
194 500
Total tax
84 891
83 869
106 080
91 332
After tax
109 609
110 631
88 420
103 168
Living cost
31 870
31 870
31 870
31 870
Free-cash
77 739
78 761
56 550
71 298

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽48955
₽55940
₽60284
₽56051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
31 663
pensions
-
-
-
33 201
other
-
-
-
6 029
health
-
-
-
8 707
surtax
-
-
-
-
social contributions
-
-
-
5 543
total
-
-
-
85 143
Employee
63 636
-
149 843
-
social contributions
1 812
-
4 271
-
surtax
-
-
-
-
income
5 552
-
29 752
-
pensions
7 198
-
10 703
-
total
14 562
-
44 726
-
Employer
63 636
-
149 843
-
other
2 196
-
5 966
-
social contributions
191
-
449
-
unemployment
2 578
-
6 068
-
pensions
10 456
-
17 967
-
health
4 454
-
14 200
-
total
19 875
-
44 650
-
Corporate
110 989
194 500
-
-
surtax
-
-
-
-
income
31 077
54 460
-
-
total
31 077
54 460
-
-
Dividends
79 911
140 040
-
-
surtax
-
-
-
-
social contributions
13 744
24 086
-
-
withholding
10 229
17 926
-
-
total
23 973
42 012
-
-
Income
194 500
194 500
194 500
194 500
Total tax
89 487
96 472
89 376
85 143
After tax
105 013
98 028
105 124
109 357
Living cost
49 073
49 073
49 073
49 073
Free-cash
55 940
48 955
56 051
60 284

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144507
₽141094
₽112167
₽117334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
9 000
social contributions
-
-
-
42 791
total
-
-
-
51 791
Employee
32 665
-
168 397
-
income
-
-
9 575
-
social contributions
2 123
-
10 946
-
total
2 123
-
20 521
-
Employer
32 665
-
168 397
-
social contributions
5 063
-
26 103
-
total
5 063
-
26 103
-
Corporate
156 772
194 500
-
-
income
15 678
19 451
-
-
total
15 678
19 451
-
-
Dividends
141 095
175 049
-
-
total
-
-
-
-
Income
194 500
194 500
194 500
194 500
Total tax
22 864
19 451
46 624
51 791
After tax
171 636
175 049
147 876
142 709
Living cost
30 542
30 542
30 542
30 542
Free-cash
141 094
144 507
117 334
112 167

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽26848
-₽26848
₽64886
-₽26848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
40 977
pensions
-
-
-
881
national
-
-
-
23 339
labour market
-
-
-
15 490
total
-
-
-
80 687
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
194 500
194 500
194 500
194 500
Total tax
172 421
172 421
172 421
80 687
After tax
22 079
22 079
22 079
113 813
Living cost
48 927
48 927
48 927
48 927
Free-cash
-26 848
-26 848
-26 848
64 886

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽6110
₽12400
₽111035
₽84374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
255
income
-
-
-
54 574
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 600
Employee
34 396
-
176 130
-
health
3 939
-
20 167
-
income
4 719
-
42 028
-
pensions
3 873
-
7 696
-
total
12 531
-
69 891
-
Employer
34 396
-
176 130
-
accident
574
-
2 941
-
unemployment
843
-
4 315
-
pensions
5 593
-
11 114
-
total
7 010
-
18 370
-
Corporate
153 094
194 500
-
-
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.

137 785
175 050
-
-
total
137 785
175 050
-
-
Dividends
15 310
19 450
-
-
withholding
2 909
3 695
-
-
total
2 909
3 695
-
-
Income
194 500
194 500
194 500
194 500
Total tax
160 235
178 745
88 261
61 600
After tax
34 265
15 755
106 239
132 900
Living cost
21 865
21 865
21 865
21 865
Free-cash
12 400
-6 110
84 374
111 035

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81904
₽84831
₽84188
₽61911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
194 500
municipal
-
-
-
34 546
health
-
-
-
2 572
national
-
-
-
34 186
total
-
-
-
71 304
Employee
53 456
-
163 623
-
health
399
-
2 096
-
municipal
8 756
-
26 645
-
pensions
3 608
-
11 044
-
unemployment
802
-
2 454
-
national
883
-
20 467
-
total
14 448
-
62 706
-
Employer
53 456
-
163 623
-
accident
54
-
164
-
unemployment
347
-
1 064
-
pensions
9 274
-
28 388
-
health
411
-
1 259
-
total
10 086
-
30 875
-
Corporate
130 958
194 500
-
-
income
26 192
38 900
-
-
total
26 192
38 900
-
-
Dividends

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

78 575
116 700
-
-
national
5 792
13 681
-
-
municipal
14 143
21 007
-
-
total
19 935
34 688
-
-
Income
194 500
194 500
194 500
194 500
Total tax
70 661
73 588
93 581
71 304
After tax
123 839
120 912
100 919
123 196
Living cost
39 008
39 008
39 008
39 008
Free-cash
84 831
81 904
61 911
84 188

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽118316
₽112786
₽108640
₽106971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
40 938
health
-
-
-
4 959
social contributions
-
-
-
16 439
total
-
-
-
62 336
Employee
78 128
78 128
182 380
-
social contributions
2 954
6 484
8 746
-
health
605
1 328
3 100
-
income
8 507
7 232
40 039
-
total
12 066
15 044
51 885
-
Employer
78 128
78 128
182 380
-
social contributions
2 954
6 484
8 746
-
health
657
1 446
3 374
-
total
3 611
7 930
12 120
-
Corporate
155 298
108 441
-
-
income
19 412
13 555
-
-
total
19 412
13 555
-
-
Dividends
135 886
94 887
-
-
withholding
23 101
16 131
-
-
total
23 101
16 131
-
-
Income
194 500
194 500
194 500
194 500
Total tax
58 190
52 660
64 005
62 336
After tax
136 310
141 840
130 495
132 164
Living cost
23 524
23 524
23 524
23 524
Free-cash
112 786
118 316
106 971
108 640

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽144933
₽139763
₽148281
₽127903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
194 500
income
-
-
-
19 918
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
30 087
Employee

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

23 322
-
184 570
-
health
1 982
-
8 195
-
income
1 595
-
17 398
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
40 536
-
Employer

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

23 322
-
184 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 145
-
total
2 401
-
9 929
-
Corporate
168 778
194 500
-
-
income
15 190
17 505
-
-
total
15 190
17 505
-
-
Dividends
153 588
176 995
-
-
withholding
13 823
15 930
-
-
total
13 823
15 930
-
-
Income
194 500
194 500
194 500
194 500
Total tax
38 605
33 435
50 465
30 087
After tax
155 895
161 065
144 035
164 413
Living cost
16 132
16 132
16 132
16 132
Free-cash
139 763
144 933
127 903
148 281

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽101521
₽97033
₽81041
₽76777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
848
income
-
-
-
57 268
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
85 519
Employee
37 569
-
164 477
-
other
37
-
94
-
income
7 243
-
53 780
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
59 761
-
Employer
37 569
-
164 477
-
accident
744
-
1 864
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 225
-
total
11 978
-
30 022
-
Corporate
144 954
194 500
-
-
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.

21 743
29 174
-
-
total
21 743
29 174
-
-
Dividends
123 210
165 326
-
-
withholding
26 178
35 865
-
-
total
26 178
35 865
-
-
Income
194 500
194 500
194 500
194 500
Total tax
69 527
65 039
89 783
85 519
After tax
124 973
129 461
104 717
108 981
Living cost
27 940
27 940
27 940
27 940
Free-cash
97 033
101 521
76 777
81 041

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽118587
₽118131
₽122010
₽121813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
66 209
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
69 709
Employee
4 236
-
192 218
-
health
212
-
507
-
income
820
-
66 102
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
67 623
-
Employer
4 236
-
192 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
189 310
194 500
-
-
income
41 648
42 790
-
-
total
41 648
42 790
-
-
Dividends
147 662
151 710
-
-
withholding
29 532
30 342
-
-
total
29 532
30 342
-
-
Income
194 500
194 500
194 500
194 500
Total tax
73 588
73 132
69 906
69 709
After tax
120 912
121 368
124 594
124 791
Living cost
2 781
2 781
2 781
2 781
Free-cash
118 131
118 587
121 813
122 010

Estimated living cost  is ₽2781 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽122967
₽117969
₽104193
₽104194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
income
-
-
-
44 384
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
72 748
Employee

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

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

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

26 477
-
181 069
-
health
1 364
-
3 864
-
income
3 650
-
44 384
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
59 316
-
Employer

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

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

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

26 477
-
181 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
163 284
194 500
-
-
income
24 493
29 175
-
-
total
24 493
29 175
-
-
Dividends
138 791
165 325
-
-
withholding
20 819
24 799
-
-
total
20 819
24 799
-
-
Income
194 500
194 500
194 500
194 500
Total tax
58 972
53 974
72 747
72 748
After tax
135 528
140 526
121 753
121 752
Living cost
17 559
17 559
17 559
17 559
Free-cash
117 969
122 967
104 194
104 193

Estimated living cost  is ₽17559 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽83239
₽82874
₽75776
₽61028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
income
-
-
-
23 744
surtax
-
-
-
-
social contributions

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

-
-
-
67 588
total
-
-
-
91 332
Employee
39 435
-
157 172
-
social contributions
4 338
-
17 289
-
surtax
-
-
-
-
income
7 705
-
51 463
-
total
12 043
-
68 752
-
Employer
39 435
-
157 172
-
social contributions
9 365
-
37 328
-
total
9 365
-
37 328
-
Corporate
145 700
194 500
-
-
surtax
-
-
-
-
income
30 597
40 845
-
-
total
30 597
40 845
-
-
Dividends
115 103
153 655
-
-
withholding
32 229
43 024
-
-
total
32 229
43 024
-
-
Income
194 500
194 500
194 500
194 500
Total tax
84 234
83 869
106 080
91 332
After tax
110 266
110 631
88 420
103 168
Living cost
27 392
27 392
27 392
27 392
Free-cash
82 874
83 239
61 028
75 776

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽93753
₽87104
₽73273
₽69009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
848
income
-
-
-
57 268
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
85 519
Employee
49 070
-
164 477
-
other
48
-
94
-
income
10 249
-
53 780
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
59 761
-
Employer
49 070
-
164 477
-
accident
972
-
1 864
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 580
-
22 225
-
total
15 644
-
30 022
-
Corporate
129 785
194 500
-
-
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.

19 468
29 174
-
-
total
19 468
29 174
-
-
Dividends
110 317
165 326
-
-
withholding
23 213
35 865
-
-
total
23 213
35 865
-
-
Income
194 500
194 500
194 500
194 500
Total tax
71 688
65 039
89 783
85 519
After tax
122 812
129 461
104 717
108 981
Living cost
35 708
35 708
35 708
35 708
Free-cash
87 104
93 753
69 009
73 273

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽148818
₽142626
₽138369
₽146165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
29 175
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
38 652
Employee
23 145
-
187 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
18 754
-
pensions

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

2 032
-
3 116
-
total
5 666
-
23 893
-
Employer
23 145
-
187 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
166 814
194 500
-
-
income
16 681
19 450
-
-
total
16 681
19 450
-
-
Dividends
150 132
175 050
-
-
withholding
7 507
8 753
-
-
total
7 507
8 753
-
-
Income
194 500
194 500
194 500
194 500
Total tax
34 395
28 203
30 856
38 652
After tax
160 105
166 297
163 644
155 848
Living cost
17 479
17 479
17 479
17 479
Free-cash
142 626
148 818
146 165
138 369

Estimated living cost  is ₽17479 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽60849
₽74142
₽61955
₽83087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
trade
-
-
-
21 132
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.

-
-
-
61 845
health

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

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

-
-
-
6 941
surtax

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

-
-
-
3 401
total
-
-
-
93 319
Employee

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

50 554
-
194 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
3 401
-
income

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

4 157
-
61 845
-
total
11 327
-
72 187
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 946
194 500
-
-
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.

1 188
1 604
-
-
income
21 591
29 174
-
-
trade
20 656
27 911
-
-
chamber of commerce
364
440
-
-
total
43 799
59 129
-
-
Dividends
100 147
135 370
-
-
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.

1 355
1 839
-
-
withholding
24 651
33 457
-
-
total
26 006
35 296
-
-
Income
194 500
194 500
194 500
194 500
Total tax
81 132
94 425
72 187
93 319
After tax
113 368
100 075
122 313
101 181
Living cost
39 226
39 226
39 226
39 226
Free-cash
74 142
60 849
83 087
61 955

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽78273
₽80514
₽42807
₽42807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
61 006
social contributions
-
-
-
32 809
total
-
-
-
93 815
Employee
79 477
-
194 500
-
income
14 997
-
61 006
-
social contributions
6 603
-
32 809
-
total
21 600
-
93 815
-
Employer
79 477
-
194 500
-
total
-
-
-
-
Corporate
115 023
194 500
-
-
income
14 378
24 312
-
-
total
14 378
24 312
-
-
Dividends
100 645
170 188
-
-
withholding
20 130
34 037
-
-
total
20 130
34 037
-
-
Income
194 500
194 500
194 500
194 500
Total tax
56 108
58 349
93 815
93 815
After tax
138 392
136 151
100 685
100 685
Living cost
57 878
57 878
57 878
57 878
Free-cash
80 514
78 273
42 807
42 807

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84176
₽87726
₽121632
₽100462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
income
-
-
-
29 174
health

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

-
-
-
6 812
total
-
-
-
35 986
Employee
46 610
-
189 826
-
income
5 057
-
47 808
-
social contributions
4 670
-
4 674
-
total
9 727
-
52 482
-
Employer
46 610
-
189 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
143 220
194 500
-
-
income
50 127
68 074
-
-
total
50 127
68 074
-
-
Dividends
93 093
126 426
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
194 500
194 500
194 500
194 500
Total tax
69 892
73 442
57 156
35 986
After tax
124 608
121 058
137 344
158 514
Living cost
36 882
36 882
36 882
36 882
Free-cash
87 726
84 176
100 462
121 632

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽87778
₽93836
₽89909
₽72380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
income
-
-
-
57 108
pensions
-
-
-
9 489
total
-
-
-
66 597
Employee
52 152
-
169 774
-
health
680
-
2 406
-
income
9 497
-
45 426
-
pensions
3 981
-
11 568
-
total
14 158
-
59 400
-
Employer
52 152
-
169 774
-
pensions
5 269
-
21 500
-
health
991
-
3 226
-
total
6 260
-
24 726
-
Corporate
136 087
194 500
-
-
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.

25 856
36 955
-
-
total
25 856
36 955
-
-
Dividends
110 231
157 545
-
-
withholding
16 396
31 773
-
-
total
16 396
31 773
-
-
Income
194 500
194 500
194 500
194 500
Total tax
62 670
68 728
84 126
66 597
After tax
131 830
125 772
110 374
127 903
Living cost
37 994
37 994
37 994
37 994
Free-cash
93 836
87 778
72 380
89 909

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8275
₽12069
₽108870
₽82209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
accident
-
-
-
255
income
-
-
-
54 574
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 600
Employee
37 800
-
176 130
-
health
4 328
-
20 167
-
income
5 186
-
42 028
-
pensions
4 256
-
7 696
-
total
13 770
-
69 891
-
Employer
37 800
-
176 130
-
accident
631
-
2 941
-
unemployment
926
-
4 315
-
pensions
6 146
-
11 114
-
total
7 703
-
18 370
-
Corporate
148 996
194 500
-
-
income

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

134 097
175 050
-
-
total
134 097
175 050
-
-
Dividends
14 900
19 450
-
-
withholding
2 831
3 695
-
-
total
2 831
3 695
-
-
Income
194 500
194 500
194 500
194 500
Total tax
158 401
178 745
88 261
61 600
After tax
36 099
15 755
106 239
132 900
Living cost
24 030
24 030
24 030
24 030
Free-cash
12 069
-8 275
82 209
108 870

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽135098
₽145233
₽103908
₽126202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
194 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
32 309
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
76 897
Employee

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

21 911
-
194 500
-
work injury
110
-
405
-
income
2 191
-
32 309
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
54 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 589
194 500
-
-
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%.

1 726
19 450
-
-
total
1 726
19 450
-
-
Dividends
170 863
175 050
-
-
withholding
25 629
26 257
-
-
total
25 629
26 257
-
-
Income
194 500
194 500
194 500
194 500
Total tax
35 572
45 707
54 603
76 897
After tax
158 928
148 793
139 897
117 603
Living cost
13 695
13 695
13 695
13 695
Free-cash
145 233
135 098
126 202
103 908

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽61973
₽57350
₽49270
₽40730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
194 500
municipal
-
-
-
1 300
regional
-
-
-
4 472
national
-
-
-
48 957
social contributions
-
-
-
50 025
total
-
-
-
104 754
Employee
85 618
-
194 500
-
social contributions
28 870
-
65 585
-
regional
1 293
-
3 969
-
municipal
511
-
1 161
-
national
14 469
-
42 579
-
total
45 143
-
113 294
-
Employer
85 618
-
194 500
-
total
-
-
-
-
Corporate
108 882
194 500
-
-
nationa
26 132
46 680
-
-
municipal
5 248
9 375
-
-
total
31 380
56 055
-
-
Dividends
77 502
138 446
-
-
withholding
20 151
35 996
-
-
total
20 151
35 996
-
-
Income
194 500
194 500
194 500
194 500
Total tax
96 674
92 051
113 294
104 754
After tax
97 826
102 449
81 206
89 746
Living cost
40 476
40 476
40 476
40 476
Free-cash
57 350
61 973
40 730
49 270

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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