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
₽ 195500
per

Your estimated
City
free-cash

Dresden , Germany
₽67794
₽79035
₽68742
₽92091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
trade
-
-
-
23 349
income

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

-
-
-
62 259
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.

-
-
-
6 943
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.

-
-
-
3 425
total
-
-
-
95 976
Employee

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

38 870
-
195 500
-
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.

6 943
-
6 943
-
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
-
3 425
-
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
-
62 259
-
total
8 089
-
72 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 630
195 500
-
-
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.

1 292
1 612
-
-
income
23 495
29 325
-
-
trade
24 670
30 791
-
-
chamber of commerce
380
436
-
-
total
49 837
62 164
-
-
Dividends
106 793
133 335
-
-
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.

1 446
1 813
-
-
withholding
26 311
32 947
-
-
total
27 757
34 760
-
-
Income
195 500
195 500
195 500
195 500
Total tax
85 683
96 924
72 627
95 976
After tax
109 817
98 576
122 873
99 524
Living cost
30 782
30 782
30 782
30 782
Free-cash
79 035
67 794
92 091
68 742

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
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.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70717
₽69865
₽62415
₽63466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
21 540
pensions
-
-
-
23 460
national
-
-
-
34 708
social contributions
-
-
-
2 102
total
-
-
-
81 810
Employee
79 485
-
169 008
-
municipal
9 818
-
22 296
-
pensions
3 179
-
6 760
-
national
15 213
-
36 365
-
total
28 210
-
65 421
-
Employer
79 485
-
169 008
-
social contributions
854
-
1 817
-
pensions
6 359
-
13 521
-
total
7 213
-
15 338
-
Corporate
103 555
195 500
-
-
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%.

20 711
39 100
-
-
total
20 711
39 100
-
-
Dividends
82 844
156 400
-
-
withholding
18 226
34 408
-
-
total
18 226
34 408
-
-
Income
195 500
195 500
195 500
195 500
Total tax
74 360
73 508
80 759
81 810
After tax
121 140
121 992
114 741
113 690
Living cost
51 275
51 275
51 275
51 275
Free-cash
69 865
70 717
63 466
62 415

Estimated living cost  is ₽51275 per week

₽34851
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.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135258
₽126922
₽47738
₽62114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
microenterprise
-
-
-
-
income
-
-
-
37 830
surtax
-
-
-
49 853
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.

-
-
-
38 937
total
-
-
-
126 620
Employee
29 696
-
149 840
-
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.

3 267
-
13 322
-
surtax
-
-
21 727
-
income
5 286
-
31 535
-
total
8 553
-
66 584
-
Employer
29 696
-
149 840
-
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.

7 153
-
29 177
-
surtax
-
-
16 483
-
total
7 153
-
45 660
-
Corporate
158 651
195 500
-
-
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%.

31 730
39 099
-
-
total
31 730
39 099
-
-
Dividends

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

126 921
156 401
-
-
total
-
-
-
-
Income
195 500
195 500
195 500
195 500
Total tax
47 436
39 099
112 244
126 620
After tax
148 064
156 401
83 256
68 880
Living cost
21 142
21 142
21 142
21 142
Free-cash
126 922
135 258
62 114
47 738

Estimated living cost  is ₽21142 per week

₽13488
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.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54465
₽48241
₽64210
₽81359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
64 278
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
88 717
Employee
86 784
86 784
176 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
28 243
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
52 682
-
Employer
86 784
86 784
176 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
94 583
93 519
-
-
income
18 917
18 703
-
-
total
18 917
18 703
-
-
Dividends
75 666
74 816
-
-
income
16 078
15 899
-
-
withholding
11 349
11 222
-
-
total
27 427
27 121
-
-
Income
195 500
195 500
195 500
195 500
Total tax
104 686
98 462
71 568
88 717
After tax
90 814
97 038
123 932
106 783
Living cost
42 573
42 573
42 573
42 573
Free-cash
48 241
54 465
81 359
64 210

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
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.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67586
₽66708
₽59834
₽58884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
50 884
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
20 763
total
-
-
-
96 509
Employee
55 795
-
168 536
-
municipal
16 638
-
50 257
-
national
-
-
20 237
-
total
16 638
-
70 494
-
Employer
55 795
-
168 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
122 175
195 500
-
-
income
26 878
43 010
-
-
total
26 878
43 010
-
-
Dividends
95 296
152 490
-
-
withholding
28 589
45 747
-
-
total
28 589
45 747
-
-
Income
195 500
195 500
195 500
195 500
Total tax
89 635
88 757
97 459
96 509
After tax
105 865
106 743
98 041
98 991
Living cost
39 157
39 157
39 157
39 157
Free-cash
66 708
67 586
58 884
59 834

Estimated living cost  is ₽39157 per week

₽25951
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.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57648
₽71925
₽58564
₽82950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
trade
-
-
-
24 386
income

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

-
-
-
62 259
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.

-
-
-
6 943
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.

-
-
-
3 425
total
-
-
-
97 013
Employee

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

51 537
-
195 500
-
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.

6 943
-
6 943
-
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
-
3 425
-
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.

4 428
-
62 259
-
total
11 614
-
72 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 963
195 500
-
-
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
1 612
-
-
income
21 594
29 325
-
-
trade
23 683
32 160
-
-
chamber of commerce
359
432
-
-
total
46 824
63 529
-
-
Dividends
97 140
131 970
-
-
surtax

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

1 315
1 794
-
-
withholding
23 899
32 606
-
-
total
25 214
34 400
-
-
Income
195 500
195 500
195 500
195 500
Total tax
83 652
97 929
72 627
97 013
After tax
111 848
97 571
122 873
98 487
Living cost
39 923
39 923
39 923
39 923
Free-cash
71 925
57 648
82 950
58 564

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
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.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109603
₽105388
₽99837
₽98161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
41 273
health
-
-
-
4 985
social contributions
-
-
-
16 443
total
-
-
-
62 701
Employee
78 145
78 145
183 360
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 117
-
income
8 206
7 234
40 372
-
total
12 780
15 049
52 237
-
Employer
78 145
78 145
183 360
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
3 392
-
total
4 644
7 932
12 140
-
Corporate
145 113
109 422
-
-
income
18 140
13 677
-
-
total
18 140
13 677
-
-
Dividends
126 973
95 745
-
-
withholding
21 586
16 277
-
-
total
21 586
16 277
-
-
Income
195 500
195 500
195 500
195 500
Total tax
57 150
52 935
64 377
62 701
After tax
138 350
142 565
131 123
132 799
Living cost
32 962
32 962
32 962
32 962
Free-cash
105 388
109 603
98 161
99 837

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91376
₽91759
₽117023
₽94923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
23 900
pensions
-
-
-
19 550
unemployment
-
-
-
2 933
health
-
-
-
13 685
total
-
-
-
60 068
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.

26 573
10 576
163 598
-
health
1 860
740
11 452
-
income
3 249
1 293
20 000
-
pensions
2 657
1 058
16 360
-
unemployment
399
159
2 454
-
total
8 165
3 250
50 266
-
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.

26 573
10 576
163 598
-
pensions
5 182
2 062
31 902
-
total
5 182
2 062
31 902
-
Corporate
163 745
182 862
-
-
income
14 737
16 458
-
-
total
14 737
16 458
-
-
Dividends
149 008
166 404
-
-
social contributions
28 936
32 328
-
-
withholding
28 312
31 617
-
-
total
57 248
63 945
-
-
Income
195 500
195 500
195 500
195 500
Total tax
85 332
85 715
82 168
60 068
After tax
110 168
109 785
113 332
135 432
Living cost
18 409
18 409
18 409
18 409
Free-cash
91 759
91 376
94 923
117 023

Estimated living cost  is ₽18409 per week

₽12562
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.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131855
₽125541
₽80244
₽88139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
26 197
pensions
-
-
-
39 099
health
-
-
-
25 414
total
-
-
-
90 710
Employee
28 830
-
146 114
-
income
3 246
-
28 170
-
pensions
577
-
2 922
-
unemployment
461
-
2 337
-
total
4 284
-
33 429
-
Employer
28 830
-
146 114
-
unemployment
231
-
1 169
-
pensions
5 766
-
29 223
-
health
3 747
-
18 994
-
total
9 744
-
49 386
-
Corporate
156 925
195 500
-
-
income
31 385
39 099
-
-
total
31 385
39 099
-
-
Dividends
125 540
156 401
-
-
total
-
-
-
-
Income
195 500
195 500
195 500
195 500
Total tax
45 413
39 099
82 815
90 710
After tax
150 087
156 401
112 685
104 790
Living cost
24 546
24 546
24 546
24 546
Free-cash
125 541
131 855
88 139
80 244

Estimated living cost  is ₽24546 per week

₽16836
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.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6361
₽12431
₽111384
₽84621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
255
income
-
-
-
54 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 920
Employee
34 915
-
177 089
-
health
3 998
-
20 277
-
income
4 790
-
42 298
-
pensions
3 932
-
7 697
-
total
12 720
-
70 272
-
Employer
34 915
-
177 089
-
accident
583
-
2 957
-
unemployment
855
-
4 339
-
pensions
5 677
-
11 115
-
total
7 115
-
18 411
-
Corporate
153 469
195 500
-
-
income

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

138 122
175 950
-
-
total
138 122
175 950
-
-
Dividends
15 347
19 550
-
-
withholding
2 916
3 715
-
-
total
2 916
3 715
-
-
Income
195 500
195 500
195 500
195 500
Total tax
160 873
179 665
88 683
61 920
After tax
34 627
15 835
106 817
133 580
Living cost
22 196
22 196
22 196
22 196
Free-cash
12 431
-6 361
84 621
111 384

Estimated living cost  is ₽22196 per week

₽16268
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.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176463
₽174727
₽184283
₽147138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
195 500
microenterprise

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

-
-
-
1 955
total
-
-
-
1 955
Employee
11 577
-
195 500
-
income
2 315
-
39 100
-
total
2 315
-
39 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

183 923
195 500
-
-
total
-
-
-
-
Dividends
183 923
195 500
-
-
withholding
9 196
9 775
-
-
total
9 196
9 775
-
-
Income
195 500
195 500
195 500
195 500
Total tax
11 511
9 775
39 100
1 955
After tax
183 989
185 725
156 400
193 545
Living cost
9 262
9 262
9 262
9 262
Free-cash
174 727
176 463
147 138
184 283

Estimated living cost  is ₽9262 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽116555
₽109693
₽85424
₽83731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
31 767
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
82 997
Employee
36 899
-
156 542
-
health
517
-
2 164
-
income
6 353
-
31 204
-
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
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
45 730
-
Employer
36 899
-
156 542
-
accident
295
-
1 252
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
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.

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
38 960
-
Corporate
149 301
195 500
-
-
income
31 352
41 055
-
-
total
31 352
41 055
-
-
Dividends
117 949
154 445
-
-
withholding
8 256
10 811
-
-
total
8 256
10 811
-
-
Income
195 500
195 500
195 500
195 500
Total tax
58 728
51 866
84 690
82 997
After tax
136 772
143 634
110 810
112 503
Living cost
27 079
27 079
27 079
27 079
Free-cash
109 693
116 555
83 731
85 424

Estimated living cost  is ₽27079 per week

₽19133
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.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57909
₽64021
₽60080
₽42470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
57 502
pensions
-
-
-
9 509
total
-
-
-
67 011
Employee
96 788
-
170 639
-
health
1 595
-
2 415
-
income
17 447
-
45 761
-
pensions
9 337
-
11 584
-
total
28 379
-
59 760
-
Employer
96 788
-
170 639
-
pensions
11 428
-
21 619
-
health
1 838
-
3 242
-
total
13 266
-
24 861
-
Corporate
85 446
195 500
-
-
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.

16 235
37 145
-
-
total
16 235
37 145
-
-
Dividends
69 211
158 355
-
-
withholding
5 190
32 037
-
-
total
5 190
32 037
-
-
Income
195 500
195 500
195 500
195 500
Total tax
63 070
69 182
84 621
67 011
After tax
132 430
126 318
110 879
128 489
Living cost
68 409
68 409
68 409
68 409
Free-cash
64 021
57 909
42 470
60 080

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
₽153831
₽149111
₽143376
₽151223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
29 325
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
-
-
-
38 802
Employee
17 640
-
188 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
18 853
-
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
-
23 992
-
Employer
17 640
-
188 537
-
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
174 398
195 500
-
-
income
17 440
19 550
-
-
total
17 440
19 550
-
-
Dividends
156 959
175 950
-
-
withholding
7 848
8 797
-
-
total
7 848
8 797
-
-
Income
195 500
195 500
195 500
195 500
Total tax
33 067
28 347
30 955
38 802
After tax
162 433
167 153
164 545
156 698
Living cost
13 322
13 322
13 322
13 322
Free-cash
149 111
153 831
151 223
143 376

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
₽40685
₽43240
₽50430
₽67579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
64 278
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
88 717
Employee
94 220
86 784
176 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
28 243
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
52 682
-
Employer
94 220
86 784
176 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
84 783
93 519
-
-
income
16 956
18 703
-
-
total
16 956
18 703
-
-
Dividends
67 827
74 816
-
-
income
14 414
15 899
-
-
withholding
10 175
11 222
-
-
total
24 589
27 121
-
-
Income
195 500
195 500
195 500
195 500
Total tax
95 907
98 462
71 568
88 717
After tax
99 593
97 038
123 932
106 783
Living cost
56 353
56 353
56 353
56 353
Free-cash
43 240
40 685
67 579
50 430

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110313
₽101647
₽88731
₽80513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
20 123
health
-
-
-
26 393
solidarity contribution
-
-
-
1 012
social contributions
-
-
-
34 952
total
-
-
-
82 480
Employee
35 720
-
151 904
-
social contributions
2 322
-
7 780
-
health
4 822
-
20 507
-
solidarity contribution
-
-
274
-
income
4 286
-
18 542
-
total
11 430
-
47 103
-
Employer
35 720
-
151 904
-
social contributions
8 930
-
29 924
-
health
3 215
-
13 671
-
total
12 145
-
43 595
-
Corporate
147 635
195 500
-
-
income
28 051
37 145
-
-
total
28 051
37 145
-
-
Dividends
119 585
158 355
-
-
withholding
17 938
23 753
-
-
total
17 938
23 753
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 564
60 898
90 698
82 480
After tax
125 936
134 602
104 802
113 020
Living cost
24 289
24 289
24 289
24 289
Free-cash
101 647
110 313
80 513
88 731

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61425
₽56120
₽49578
₽40757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
1 161
regional
-
-
-
2 324
national
-
-
-
49 272
social contributions
-
-
-
50 283
total
-
-
-
103 040
Employee
90 319
-
195 500
-
social contributions
30 456
-
65 923
-
regional
852
-
2 054
-
municipal
478
-
1 038
-
national
15 650
-
42 846
-
total
47 436
-
111 861
-
Employer
90 319
-
195 500
-
total
-
-
-
-
Corporate
105 181
195 500
-
-
nationa
25 243
46 920
-
-
municipal
4 102
7 625
-
-
total
29 345
54 545
-
-
Dividends
75 836
140 955
-
-
withholding
19 717
36 648
-
-
total
19 717
36 648
-
-
Income
195 500
195 500
195 500
195 500
Total tax
96 498
91 193
111 861
103 040
After tax
99 002
104 307
83 639
92 460
Living cost
42 882
42 882
42 882
42 882
Free-cash
56 120
61 425
40 757
49 578

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100544
₽97382
₽69871
₽63657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
57 060
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
9 157
total
-
-
-
103 204
Employee
33 607
-
166 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
7 942
-
income
5 633
-
50 981
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
80 868
-
Employer
33 607
-
166 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
154 819
195 500
-
-
income
40 253
50 831
-
-
total
40 253
50 831
-
-
Dividends
114 566
144 669
-
-
withholding
17 185
21 700
-
-
total
17 185
21 700
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 693
72 531
109 418
103 204
After tax
119 807
122 969
86 082
92 296
Living cost
22 425
22 425
22 425
22 425
Free-cash
97 382
100 544
63 657
69 871

Estimated living cost  is ₽22425 per week

₽13712
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.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79583
₽86342
₽81754
₽64144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
57 502
pensions
-
-
-
9 509
total
-
-
-
67 011
Employee
64 865
-
170 639
-
health
942
-
2 415
-
income
11 682
-
45 761
-
pensions
5 506
-
11 584
-
total
18 130
-
59 760
-
Employer
64 865
-
170 639
-
pensions
7 022
-
21 619
-
health
1 232
-
3 242
-
total
8 254
-
24 861
-
Corporate
122 382
195 500
-
-
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.

23 252
37 145
-
-
total
23 252
37 145
-
-
Dividends
99 129
158 355
-
-
withholding
12 787
32 037
-
-
total
12 787
32 037
-
-
Income
195 500
195 500
195 500
195 500
Total tax
62 423
69 182
84 621
67 011
After tax
133 077
126 318
110 879
128 489
Living cost
46 735
46 735
46 735
46 735
Free-cash
86 342
79 583
64 144
81 754

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
₽11784
₽44991
₽79294
₽70847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
city
-
-
-
2 061
pensions
-
-
-
17 986
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.

-
-
-
3 909
regional
-
-
-
10 194
health
-
-
-
441
national
-
-
-
4 002
total
-
-
-
38 593
Employee
90 828
-
175 187
-
city
975
-
1 884
-
regional
2 974
-
8 865
-
health
205
-
395
-
pensions
7 631
-
14 486
-
unemployment
-
-
-
-
national
430
-
3 025
-
total
12 215
-
28 655
-
Employer
90 828
-
175 187
-
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
-
3 504
-
unemployment
-
-
-
-
pensions
7 631
-
14 486
-
health
205
-
395
-
total
9 652
-
18 385
-
Corporate
94 022
195 500
-
-
regional
19 886
41 349
-
-
national
7 992
16 617
-
-
total
27 878
57 966
-
-
Dividends
66 144
137 534
-
-
withholding
23 151
48 137
-
-
total
23 151
48 137
-
-
Income
195 500
195 500
195 500
195 500
Total tax
72 896
106 103
47 040
38 593
After tax
122 604
89 397
148 460
156 907
Living cost
77 613
77 613
77 613
77 613
Free-cash
44 991
11 784
70 847
79 294

Estimated living cost  is ₽77613 per week

₽50471
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.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50011
₽66490
₽50892
₽76318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
trade
-
-
-
25 426
income

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

-
-
-
62 259
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.

-
-
-
6 943
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.

-
-
-
3 425
total
-
-
-
98 053
Employee

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

61 075
-
195 500
-
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.

6 943
-
6 943
-
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
-
3 425
-
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.

7 182
-
62 259
-
total
14 520
-
72 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 425
195 500
-
-
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.

1 109
1 612
-
-
income
20 163
29 325
-
-
trade
23 054
33 528
-
-
chamber of commerce
343
430
-
-
total
44 669
64 895
-
-
Dividends
89 756
130 605
-
-
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.

1 213
1 774
-
-
withholding
22 053
32 265
-
-
total
23 266
34 039
-
-
Income
195 500
195 500
195 500
195 500
Total tax
82 455
98 934
72 627
98 053
After tax
113 045
96 566
122 873
97 447
Living cost
46 555
46 555
46 555
46 555
Free-cash
66 490
50 011
76 318
50 892

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63763
₽69767
₽75080
₽70790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
31 947
pensions
-
-
-
33 289
other
-
-
-
6 061
health
-
-
-
8 783
surtax
-
-
-
-
social contributions
-
-
-
5 570
total
-
-
-
85 650
Employee
43 494
-
150 569
-
social contributions
1 240
-
4 291
-
surtax
-
-
-
-
income
2 567
-
29 942
-
pensions
4 918
-
10 775
-
total
8 725
-
45 008
-
Employer
43 494
-
150 569
-
other
1 500
-
6 004
-
social contributions
131
-
451
-
unemployment
1 761
-
6 098
-
pensions
7 145
-
18 085
-
health
3 045
-
14 294
-
total
13 582
-
44 932
-
Corporate
138 423
195 500
-
-
surtax
-
-
-
-
income
38 758
54 740
-
-
total
38 758
54 740
-
-
Dividends
99 665
140 760
-
-
surtax
-
-
-
-
social contributions
17 141
24 211
-
-
withholding
12 757
18 016
-
-
total
29 898
42 227
-
-
Income
195 500
195 500
195 500
195 500
Total tax
90 963
96 967
89 940
85 650
After tax
104 537
98 533
105 560
109 850
Living cost
34 770
34 770
34 770
34 770
Free-cash
69 767
63 763
70 790
75 080

Estimated living cost  is ₽34770 per week

₽21924
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.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67208
₽72853
₽78525
₽74235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
31 947
pensions
-
-
-
33 289
other
-
-
-
6 061
health
-
-
-
8 783
surtax
-
-
-
-
social contributions
-
-
-
5 570
total
-
-
-
85 650
Employee
38 825
-
150 569
-
social contributions
1 107
-
4 291
-
surtax
-
-
-
-
income
2 002
-
29 942
-
pensions
4 391
-
10 775
-
total
7 500
-
45 008
-
Employer
38 825
-
150 569
-
other
1 340
-
6 004
-
social contributions
116
-
451
-
unemployment
1 572
-
6 098
-
pensions
6 380
-
18 085
-
health
2 717
-
14 294
-
total
12 125
-
44 932
-
Corporate
144 550
195 500
-
-
surtax
-
-
-
-
income
40 474
54 740
-
-
total
40 474
54 740
-
-
Dividends
104 076
140 760
-
-
surtax
-
-
-
-
social contributions
17 901
24 211
-
-
withholding
13 322
18 016
-
-
total
31 223
42 227
-
-
Income
195 500
195 500
195 500
195 500
Total tax
91 322
96 967
89 940
85 650
After tax
104 178
98 533
105 560
109 850
Living cost
31 325
31 325
31 325
31 325
Free-cash
72 853
67 208
74 235
78 525

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
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.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97723
₽98251
₽104002
₽99487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
29 325
health
-
-
-
13 646
social contributions
-
-
-
26 978
total
-
-
-
69 949
Employee
34 457
-
195 500
-
social contributions
4 756
-
26 978
-
health
2 405
-
13 646
-
income
5 747
-
33 840
-
total
12 908
-
74 464
-
Employer
34 457
-
195 500
-
total
-
-
-
-
Corporate
161 043
195 500
-
-
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%.

8 052
9 776
-
-
total
8 052
9 776
-
-
Dividends
152 991
185 724
-
-
health
10 678
12 964
-
-
social contributions
21 114
25 630
-
-
withholding
22 948
27 858
-
-
total
54 740
66 452
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 700
76 228
74 464
69 949
After tax
119 800
119 272
121 036
125 551
Living cost
21 549
21 549
21 549
21 549
Free-cash
98 251
97 723
99 487
104 002

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72203
₽70629
₽64577
₽15791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
chamber of commerce
-
-
-
781
income
-
-
-
56 853
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
95 114
Employee
50 788
40 499
158 246
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
46 545
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
68 047
-
Employer
50 788
40 499
158 246
-
accident
660
526
1 543
-
other
2 413
1 923
7 180
-
chamber of commerce
202
162
633
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
4 748
-
health
1 919
1 531
4 488
-
total
14 817
11 857
37 255
-
Corporate
129 897
143 144
154 389
-
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.

32 475
35 786
38 598
-
total
32 475
35 786
38 598
-
Dividends
97 422
107 358
-
-
withholding
26 791
29 524
-
-
total
26 791
29 524
-
-
Income
195 500
195 500
195 500
195 500
Total tax
89 062
87 488
143 900
95 114
After tax
106 438
108 012
51 600
100 386
Living cost
35 809
35 809
35 809
35 809
Free-cash
70 629
72 203
15 791
64 577

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72078
₽57007
₽47809
₽30858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
national
-
-
-
75 090
communal

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

-
-
-
10 210
social contributions
-
-
-
25 337
total
-
-
-
110 637
Employee

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

72 694
-
151 419
-
communal

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

3 792
-
7 897
-
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
-
7 116
-
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.

5 452
-
11 357
-
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.

633
-
1 317
-
national
22 349
-
55 822
-
total
35 641
-
83 509
-
Employer

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

72 694
-
151 419
-
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
-
1 969
-
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.

1 061
-
2 210
-
surtax
8 243
-
17 172
-
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.

6 441
-
13 415
-
health

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

4 470
-
9 313
-
total
21 160
-
44 079
-
Corporate
101 646
195 500
-
-
surtax
407
787
-
-
income
20 329
39 338
-
-
total
20 736
40 125
-
-
Dividends
80 911
155 375
-
-
withholding

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

23 902
46 243
-
-
total
23 902
46 243
-
-
Income
195 500
195 500
195 500
195 500
Total tax
101 439
86 368
127 588
110 637
After tax
94 061
109 132
67 912
84 863
Living cost
37 054
37 054
37 054
37 054
Free-cash
57 007
72 078
30 858
47 809

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93414
₽86450
₽72829
₽68566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
849
income
-
-
-
57 711
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
85 970
Employee
50 587
-
165 471
-
other
50
-
94
-
income
10 674
-
54 222
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
60 204
-
Employer
50 587
-
165 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
128 789
195 500
-
-
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.

19 318
29 325
-
-
total
19 318
29 325
-
-
Dividends
109 470
166 175
-
-
withholding
23 019
36 060
-
-
total
23 019
36 060
-
-
Income
195 500
195 500
195 500
195 500
Total tax
72 349
65 385
90 233
85 970
After tax
123 151
130 115
105 267
109 530
Living cost
36 701
36 701
36 701
36 701
Free-cash
86 450
93 414
68 566
72 829

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57926
₽44413
₽39582
₽47377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
1 649
income
-
-
-
33 953
pensions
-
-
-
29 302
health
-
-
-
13 737
surtax
-
-
-
9 693
communal
-
-
-
12 356
total
-
-
-
100 690
Employee
76 960
-
174 633
-
health
3 425
-
7 770
-
surtax
4 717
-
10 703
-
income
7 434
-
39 585
-
pensions
6 156
-
13 970
-
total
21 732
-
72 028
-
Employer
76 960
-
174 633
-
accident
692
-
1 572
-
pensions
6 156
-
13 970
-
health
2 347
-
5 325
-
total
9 195
-
20 867
-
Corporate
109 344
195 500
-
-
surtax
1 147
2 052
-
-
communal
7 381
13 197
-
-
income
16 402
29 325
-
-
total
24 930
44 574
-
-
Dividends
84 414
150 926
-
-
income
27 339
15 133
-
-
withholding
12 663
22 639
-
-
total
40 002
37 772
-
-
Income
195 500
195 500
195 500
195 500
Total tax
95 859
82 346
92 895
100 690
After tax
99 641
113 154
102 605
94 810
Living cost
55 228
55 228
55 228
55 228
Free-cash
44 413
57 926
47 377
39 582

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100143
₽96912
₽69470
₽63256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
57 060
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
9 157
total
-
-
-
103 204
Employee
34 224
-
166 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
7 942
-
income
5 737
-
50 981
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
80 868
-
Employer
34 224
-
166 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
154 071
195 500
-
-
income
40 058
50 831
-
-
total
40 058
50 831
-
-
Dividends
114 013
144 669
-
-
withholding
17 102
21 700
-
-
total
17 102
21 700
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 762
72 531
109 418
103 204
After tax
119 738
122 969
86 082
92 296
Living cost
22 826
22 826
22 826
22 826
Free-cash
96 912
100 143
63 256
69 470

Estimated living cost  is ₽22826 per week

₽13781
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.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75384
₽73126
₽64460
₽55687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
1 161
regional
-
-
-
2 948
national
-
-
-
49 272
social contributions
-
-
-
50 283
total
-
-
-
103 664
Employee
56 373
-
195 500
-
social contributions
19 010
-
65 923
-
regional
759
-
2 630
-
municipal
299
-
1 038
-
national
8 931
-
42 846
-
total
28 999
-
112 437
-
Employer
56 373
-
195 500
-
total
-
-
-
-
Corporate
139 127
195 500
-
-
nationa
33 391
46 920
-
-
municipal
6 914
9 716
-
-
total
40 305
56 636
-
-
Dividends
98 822
138 864
-
-
withholding
25 694
36 104
-
-
total
25 694
36 104
-
-
Income
195 500
195 500
195 500
195 500
Total tax
94 998
92 740
112 437
103 664
After tax
100 502
102 760
83 063
91 836
Living cost
27 376
27 376
27 376
27 376
Free-cash
73 126
75 384
55 687
64 460

Estimated living cost  is ₽27376 per week

₽17025
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.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104671
₽93994
₽83089
₽74871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
20 123
health
-
-
-
26 393
solidarity contribution
-
-
-
1 012
social contributions
-
-
-
34 952
total
-
-
-
82 480
Employee
44 016
-
151 904
-
social contributions
2 861
-
7 780
-
health
5 942
-
20 507
-
solidarity contribution
-
-
274
-
income
5 282
-
18 542
-
total
14 085
-
47 103
-
Employer
44 016
-
151 904
-
social contributions
11 004
-
29 924
-
health
3 961
-
13 671
-
total
14 965
-
43 595
-
Corporate
136 518
195 500
-
-
income
25 938
37 145
-
-
total
25 938
37 145
-
-
Dividends
110 580
158 355
-
-
withholding
16 587
23 753
-
-
total
16 587
23 753
-
-
Income
195 500
195 500
195 500
195 500
Total tax
71 575
60 898
90 698
82 480
After tax
123 925
134 602
104 802
113 020
Living cost
29 931
29 931
29 931
29 931
Free-cash
93 994
104 671
74 871
83 089

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75700
₽75196
₽68165
₽19229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
chamber of commerce
-
-
-
781
income
-
-
-
56 853
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
94 913
Employee
44 424
40 499
158 431
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
46 634
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
68 136
-
Employer
44 424
40 499
158 431
-
accident
577
526
1 543
-
other
2 110
1 923
7 188
-
chamber of commerce
177
162
634
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
4 754
-
health
1 680
1 531
4 488
-
total
12 785
11 656
37 069
-
Corporate
138 292
143 344
154 574
-
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.

34 573
35 836
38 644
-
total
34 573
35 836
38 644
-
Dividends
103 719
107 508
-
-
withholding
28 523
29 565
-
-
total
28 523
29 565
-
-
Income
195 500
195 500
195 500
195 500
Total tax
87 882
87 378
143 849
94 913
After tax
107 618
108 122
51 651
100 587
Living cost
32 422
32 422
32 422
32 422
Free-cash
75 196
75 700
19 229
68 165

Estimated living cost  is ₽32422 per week

₽19449
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.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171292
₽168585
₽179112
₽141967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
195 500
microenterprise

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

-
-
-
1 955
total
-
-
-
1 955
Employee
18 042
-
195 500
-
income
3 609
-
39 100
-
total
3 609
-
39 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

177 458
195 500
-
-
total
-
-
-
-
Dividends
177 458
195 500
-
-
withholding
8 873
9 775
-
-
total
8 873
9 775
-
-
Income
195 500
195 500
195 500
195 500
Total tax
12 482
9 775
39 100
1 955
After tax
183 018
185 725
156 400
193 545
Living cost
14 433
14 433
14 433
14 433
Free-cash
168 585
171 292
141 967
179 112

Estimated living cost  is ₽14433 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽107342
₽98842
₽67003
₽62208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
income
-
-
-
46 006
pensions
-
-
-
35 703
unemployment
-
-
-
293
health
-
-
-
19 237
total
-
-
-
101 239
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.

44 939
-
169 160
-
health
2 902
-
10 929
-
income
7 750
-
42 308
-
pensions
6 966
-
26 220
-
unemployment
64
-
237
-
total
17 682
-
79 694
-
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.

44 939
-
169 160
-
unemployment
27
-
102
-
pensions
3 977
-
14 971
-
health
2 993
-
11 267
-
total
6 997
-
26 340
-
Corporate
143 564
195 500
-
-
income
27 277
37 146
-
-
total
27 277
37 146
-
-
Dividends
116 287
158 354
-
-
withholding
17 444
23 754
-
-
total
17 444
23 754
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 400
60 900
106 034
101 239
After tax
126 100
134 600
89 466
94 261
Living cost
27 258
27 258
27 258
27 258
Free-cash
98 842
107 342
62 208
67 003

Estimated living cost  is ₽27258 per week

₽18707
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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75039
₽26641
₽91203
₽138211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
38 107
social contributions
-
-
-
22 287
total
-
-
-
60 394
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
43 788
195 500
-
-
income
9 633
43 010
-
-
total
9 633
43 010
-
-
Dividends
34 154
152 490
-
-
income
7 514
33 548
-
-
total
7 514
33 548
-
-
Income
195 500
195 500
195 500
195 500
Total tax
124 956
76 558
13 386
60 394
After tax
70 544
118 942
182 114
135 106
Living cost
43 903
43 903
43 903
43 903
Free-cash
26 641
75 039
138 211
91 203

Estimated living cost  is ₽43903 per week

₽28486
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
₽79324
₽78300
₽71763
₽56943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
income
-
-
-
23 923
surtax
-
-
-
-
social contributions

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

-
-
-
67 937
total
-
-
-
91 860
Employee
46 740
-
157 980
-
social contributions
5 141
-
17 378
-
surtax
-
-
-
-
income
9 722
-
51 782
-
total
14 863
-
69 160
-
Employer
46 740
-
157 980
-
social contributions
11 101
-
37 520
-
total
11 101
-
37 520
-
Corporate
137 659
195 500
-
-
surtax
-
-
-
-
income
28 909
41 055
-
-
total
28 909
41 055
-
-
Dividends
108 750
154 445
-
-
withholding
30 450
43 244
-
-
total
30 450
43 244
-
-
Income
195 500
195 500
195 500
195 500
Total tax
85 323
84 299
106 680
91 860
After tax
110 177
111 201
88 820
103 640
Living cost
31 877
31 877
31 877
31 877
Free-cash
78 300
79 324
56 943
71 763

Estimated living cost  is ₽31877 per week

₽23850
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.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49449
₽56433
₽60766
₽56476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
31 947
pensions
-
-
-
33 289
other
-
-
-
6 061
health
-
-
-
8 783
surtax
-
-
-
-
social contributions
-
-
-
5 570
total
-
-
-
85 650
Employee
63 650
-
150 569
-
social contributions
1 813
-
4 291
-
surtax
-
-
-
-
income
5 554
-
29 942
-
pensions
7 199
-
10 775
-
total
14 566
-
45 008
-
Employer
63 650
-
150 569
-
other
2 197
-
6 004
-
social contributions
191
-
451
-
unemployment
2 578
-
6 098
-
pensions
10 458
-
18 085
-
health
4 455
-
14 294
-
total
19 879
-
44 932
-
Corporate
111 970
195 500
-
-
surtax
-
-
-
-
income
31 352
54 740
-
-
total
31 352
54 740
-
-
Dividends
80 618
140 760
-
-
surtax
-
-
-
-
social contributions
13 866
24 211
-
-
withholding
10 320
18 016
-
-
total
24 186
42 227
-
-
Income
195 500
195 500
195 500
195 500
Total tax
89 983
96 967
89 940
85 650
After tax
105 517
98 533
105 560
109 850
Living cost
49 084
49 084
49 084
49 084
Free-cash
56 433
49 449
56 476
60 766

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
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.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145402
₽141990
₽112864
₽118060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
9 078
social contributions
-
-
-
43 010
total
-
-
-
52 088
Employee
32 672
-
169 264
-
income
-
-
9 654
-
social contributions
2 123
-
11 002
-
total
2 123
-
20 656
-
Employer
32 672
-
169 264
-
social contributions
5 064
-
26 236
-
total
5 064
-
26 236
-
Corporate
157 764
195 500
-
-
income
15 775
19 550
-
-
total
15 775
19 550
-
-
Dividends
141 989
175 950
-
-
total
-
-
-
-
Income
195 500
195 500
195 500
195 500
Total tax
22 962
19 550
46 892
52 088
After tax
172 538
175 950
148 608
143 412
Living cost
30 548
30 548
30 548
30 548
Free-cash
141 990
145 402
118 060
112 864

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
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.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25902
-₽25902
₽65408
-₽25902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
41 214
pensions
-
-
-
881
national
-
-
-
23 488
labour market
-
-
-
15 570
total
-
-
-
81 153
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
195 500
195 500
195 500
195 500
Total tax
172 463
172 463
172 463
81 153
After tax
23 037
23 037
23 037
114 347
Living cost
48 939
48 939
48 939
48 939
Free-cash
-25 902
-25 902
-25 902
65 408

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6033
₽12482
₽111712
₽84949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
255
income
-
-
-
54 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 920
Employee
34 400
-
177 089
-
health
3 939
-
20 277
-
income
4 719
-
42 298
-
pensions
3 874
-
7 697
-
total
12 532
-
70 272
-
Employer
34 400
-
177 089
-
accident
574
-
2 957
-
unemployment
843
-
4 339
-
pensions
5 593
-
11 115
-
total
7 010
-
18 411
-
Corporate
154 089
195 500
-
-
income

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

138 680
175 950
-
-
total
138 680
175 950
-
-
Dividends
15 409
19 550
-
-
withholding
2 928
3 715
-
-
total
2 928
3 715
-
-
Income
195 500
195 500
195 500
195 500
Total tax
161 150
179 665
88 683
61 920
After tax
34 350
15 835
106 817
133 580
Living cost
21 868
21 868
21 868
21 868
Free-cash
12 482
-6 033
84 949
111 712

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
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
₽82464
₽85415
₽84683
₽62290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
195 500
municipal
-
-
-
34 725
health
-
-
-
2 586
national
-
-
-
34 489
total
-
-
-
71 800
Employee
53 468
-
164 466
-
health
399
-
2 108
-
municipal
8 758
-
26 782
-
pensions
3 608
-
11 101
-
unemployment
802
-
2 467
-
national
883
-
20 701
-
total
14 450
-
63 159
-
Employer
53 468
-
164 466
-
accident
54
-
164
-
unemployment
347
-
1 068
-
pensions
9 276
-
28 535
-
health
411
-
1 267
-
total
10 088
-
31 034
-
Corporate
131 944
195 500
-
-
income
26 388
39 099
-
-
total
26 388
39 099
-
-
Dividends

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

79 167
117 301
-
-
national
5 892
13 806
-
-
municipal
14 250
21 114
-
-
total
20 142
34 920
-
-
Income
195 500
195 500
195 500
195 500
Total tax
71 068
74 019
94 193
71 800
After tax
124 432
121 481
101 307
123 700
Living cost
39 017
39 017
39 017
39 017
Free-cash
85 415
82 464
62 290
84 683

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
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.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119036
₽113503
₽109270
₽107594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
41 273
health
-
-
-
4 985
social contributions
-
-
-
16 443
total
-
-
-
62 701
Employee
78 145
78 145
183 360
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 117
-
income
8 509
7 234
40 372
-
total
12 070
15 049
52 237
-
Employer
78 145
78 145
183 360
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
3 392
-
total
3 613
7 932
12 140
-
Corporate
156 290
109 422
-
-
income
19 536
13 677
-
-
total
19 536
13 677
-
-
Dividends
136 754
95 745
-
-
withholding
23 249
16 277
-
-
total
23 249
16 277
-
-
Income
195 500
195 500
195 500
195 500
Total tax
58 468
52 935
64 377
62 701
After tax
137 032
142 565
131 123
132 799
Living cost
23 529
23 529
23 529
23 529
Free-cash
113 503
119 036
107 594
109 270

Estimated living cost  is ₽23529 per week

₽14102
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.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145760
₽140587
₽149168
₽128785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
195 500
income
-
-
-
20 026
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
30 197
Employee

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

23 327
-
185 568
-
health
1 983
-
8 196
-
income
1 595
-
17 507
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
40 649
-
Employer

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

23 327
-
185 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
169 772
195 500
-
-
income
15 280
17 594
-
-
total
15 280
17 594
-
-
Dividends
154 492
177 906
-
-
withholding
13 905
16 011
-
-
total
13 905
16 011
-
-
Income
195 500
195 500
195 500
195 500
Total tax
38 778
33 605
50 580
30 197
After tax
156 722
161 895
144 920
165 303
Living cost
16 135
16 135
16 135
16 135
Free-cash
140 587
145 760
128 785
149 168

Estimated living cost  is ₽16135 per week

₽10295
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.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102169
₽97680
₽81584
₽77321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
849
income
-
-
-
57 711
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
85 970
Employee
37 577
-
165 471
-
other
37
-
94
-
income
7 245
-
54 222
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
60 204
-
Employer
37 577
-
165 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
145 943
195 500
-
-
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.

21 891
29 325
-
-
total
21 891
29 325
-
-
Dividends
124 052
166 175
-
-
withholding
26 373
36 060
-
-
total
26 373
36 060
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 874
65 385
90 233
85 970
After tax
125 626
130 115
105 267
109 530
Living cost
27 946
27 946
27 946
27 946
Free-cash
97 680
102 169
77 321
81 584

Estimated living cost  is ₽27946 per week

₽18863
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.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119211
₽118755
₽122660
₽122463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
66 559
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
70 059
Employee
4 236
-
193 218
-
health
212
-
507
-
income
820
-
66 452
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
67 973
-
Employer
4 236
-
193 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
190 310
195 500
-
-
income
41 868
43 010
-
-
total
41 868
43 010
-
-
Dividends
148 442
152 490
-
-
withholding
29 688
30 498
-
-
total
29 688
30 498
-
-
Income
195 500
195 500
195 500
195 500
Total tax
73 964
73 508
70 256
70 059
After tax
121 536
121 992
125 244
125 441
Living cost
2 781
2 781
2 781
2 781
Free-cash
118 755
119 211
122 463
122 660

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
₽123691
₽118693
₽104945
₽104945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
income
-
-
-
44 634
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
72 997
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
-
182 069
-
health
1 364
-
3 864
-
income
3 650
-
44 634
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
59 566
-
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
-
182 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
164 284
195 500
-
-
income
24 643
29 325
-
-
total
24 643
29 325
-
-
Dividends
139 641
166 175
-
-
withholding
20 946
24 926
-
-
total
20 946
24 926
-
-
Income
195 500
195 500
195 500
195 500
Total tax
59 249
54 251
72 997
72 997
After tax
136 251
141 249
122 503
122 503
Living cost
17 558
17 558
17 558
17 558
Free-cash
118 693
123 691
104 945
104 945

Estimated living cost  is ₽17558 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽83803
₽83436
₽76242
₽61422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
income
-
-
-
23 923
surtax
-
-
-
-
social contributions

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

-
-
-
67 937
total
-
-
-
91 860
Employee
39 443
-
157 980
-
social contributions
4 339
-
17 378
-
surtax
-
-
-
-
income
7 707
-
51 782
-
total
12 046
-
69 160
-
Employer
39 443
-
157 980
-
social contributions
9 367
-
37 520
-
total
9 367
-
37 520
-
Corporate
146 690
195 500
-
-
surtax
-
-
-
-
income
30 805
41 055
-
-
total
30 805
41 055
-
-
Dividends
115 885
154 445
-
-
withholding
32 448
43 244
-
-
total
32 448
43 244
-
-
Income
195 500
195 500
195 500
195 500
Total tax
84 666
84 299
106 680
91 860
After tax
110 834
111 201
88 820
103 640
Living cost
27 398
27 398
27 398
27 398
Free-cash
83 436
83 803
61 422
76 242

Estimated living cost  is ₽27398 per week

₽19405
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94399
₽87748
₽73814
₽69551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
849
income
-
-
-
57 711
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
85 970
Employee
49 081
-
165 471
-
other
48
-
94
-
income
10 251
-
54 222
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
60 204
-
Employer
49 081
-
165 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
130 771
195 500
-
-
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.

19 615
29 325
-
-
total
19 615
29 325
-
-
Dividends
111 156
166 175
-
-
withholding
23 407
36 060
-
-
total
23 407
36 060
-
-
Income
195 500
195 500
195 500
195 500
Total tax
72 036
65 385
90 233
85 970
After tax
123 464
130 115
105 267
109 530
Living cost
35 716
35 716
35 716
35 716
Free-cash
87 748
94 399
69 551
73 814

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149674
₽143481
₽139219
₽147066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
29 325
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
-
-
-
38 802
Employee
23 145
-
188 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
18 853
-
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
-
23 992
-
Employer
23 145
-
188 537
-
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
167 814
195 500
-
-
income
16 781
19 550
-
-
total
16 781
19 550
-
-
Dividends
151 033
175 950
-
-
withholding
7 552
8 797
-
-
total
7 552
8 797
-
-
Income
195 500
195 500
195 500
195 500
Total tax
34 540
28 347
30 955
38 802
After tax
160 960
167 153
164 545
156 698
Living cost
17 479
17 479
17 479
17 479
Free-cash
143 481
149 674
147 066
139 219

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
₽61352
₽74649
₽62364
₽83638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
trade
-
-
-
21 274
income

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

-
-
-
62 259
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.

-
-
-
6 943
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.

-
-
-
3 425
total
-
-
-
93 901
Employee

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

50 565
-
195 500
-
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.

6 943
-
6 943
-
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
-
3 425
-
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.

4 158
-
62 259
-
total
11 330
-
72 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 935
195 500
-
-
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.

1 196
1 612
-
-
income
21 740
29 325
-
-
trade
20 797
28 055
-
-
chamber of commerce
366
442
-
-
total
44 099
59 434
-
-
Dividends
100 835
136 066
-
-
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.

1 365
1 849
-
-
withholding
24 822
33 630
-
-
total
26 187
35 479
-
-
Income
195 500
195 500
195 500
195 500
Total tax
81 616
94 913
72 627
93 901
After tax
113 884
100 587
122 873
101 599
Living cost
39 235
39 235
39 235
39 235
Free-cash
74 649
61 352
83 638
62 364

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
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.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78960
₽81202
₽43207
₽43207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
61 403
social contributions
-
-
-
32 999
total
-
-
-
94 402
Employee
79 494
-
195 500
-
income
15 000
-
61 403
-
social contributions
6 604
-
32 999
-
total
21 604
-
94 402
-
Employer
79 494
-
195 500
-
total
-
-
-
-
Corporate
116 006
195 500
-
-
income
14 501
24 437
-
-
total
14 501
24 437
-
-
Dividends
101 505
171 063
-
-
withholding
20 302
34 212
-
-
total
20 302
34 212
-
-
Income
195 500
195 500
195 500
195 500
Total tax
56 407
58 649
94 402
94 402
After tax
139 093
136 851
101 098
101 098
Living cost
57 891
57 891
57 891
57 891
Free-cash
81 202
78 960
43 207
43 207

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84816
₽88366
₽122473
₽101108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
income
-
-
-
29 325
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
-
-
-
36 137
Employee
46 620
-
190 825
-
income
5 059
-
48 152
-
social contributions
4 671
-
4 675
-
total
9 730
-
52 827
-
Employer
46 620
-
190 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
144 209
195 500
-
-
income
50 474
68 425
-
-
total
50 474
68 425
-
-
Dividends
93 735
127 075
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
195 500
195 500
195 500
195 500
Total tax
70 244
73 794
57 502
36 137
After tax
125 256
121 706
137 998
159 363
Living cost
36 890
36 890
36 890
36 890
Free-cash
88 366
84 816
101 108
122 473

Estimated living cost  is ₽36890 per week

₽24300
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.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88324
₽94383
₽90495
₽72885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
income
-
-
-
57 502
pensions
-
-
-
9 509
total
-
-
-
67 011
Employee
52 152
-
170 639
-
health
680
-
2 415
-
income
9 497
-
45 761
-
pensions
3 980
-
11 584
-
total
14 157
-
59 760
-
Employer
52 152
-
170 639
-
pensions
5 269
-
21 619
-
health
991
-
3 242
-
total
6 260
-
24 861
-
Corporate
137 088
195 500
-
-
income

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

26 046
37 145
-
-
total
26 046
37 145
-
-
Dividends
111 042
158 355
-
-
withholding
16 660
32 037
-
-
total
16 660
32 037
-
-
Income
195 500
195 500
195 500
195 500
Total tax
63 123
69 182
84 621
67 011
After tax
132 377
126 318
110 879
128 489
Living cost
37 994
37 994
37 994
37 994
Free-cash
94 383
88 324
72 885
90 495

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
-₽8198
₽12149
₽109547
₽82784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
accident
-
-
-
255
income
-
-
-
54 893
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
61 920
Employee
37 806
-
177 089
-
health
4 329
-
20 277
-
income
5 187
-
42 298
-
pensions
4 257
-
7 697
-
total
13 773
-
70 272
-
Employer
37 806
-
177 089
-
accident
631
-
2 957
-
unemployment
926
-
4 339
-
pensions
6 147
-
11 115
-
total
7 704
-
18 411
-
Corporate
149 990
195 500
-
-
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.

134 991
175 950
-
-
total
134 991
175 950
-
-
Dividends
14 999
19 550
-
-
withholding
2 850
3 715
-
-
total
2 850
3 715
-
-
Income
195 500
195 500
195 500
195 500
Total tax
159 318
179 665
88 683
61 920
After tax
36 182
15 835
106 817
133 580
Living cost
24 033
24 033
24 033
24 033
Free-cash
12 149
-8 198
82 784
109 547

Estimated living cost  is ₽24033 per week

₽17638
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135863
₽146074
₽104728
₽127022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
195 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
32 489
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
77 077
Employee

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

21 911
-
195 500
-
work injury
110
-
405
-
income
2 191
-
32 489
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
54 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 589
195 500
-
-
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%.

1 736
19 550
-
-
total
1 736
19 550
-
-
Dividends
171 853
175 950
-
-
withholding
25 778
26 392
-
-
total
25 778
26 392
-
-
Income
195 500
195 500
195 500
195 500
Total tax
35 731
45 942
54 783
77 077
After tax
159 769
149 558
140 717
118 423
Living cost
13 695
13 695
13 695
13 695
Free-cash
146 074
135 863
127 022
104 728

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
₽62491
₽57867
₽49656
₽41088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
195 500
municipal
-
-
-
1 308
regional
-
-
-
4 496
national
-
-
-
49 272
social contributions
-
-
-
50 283
total
-
-
-
105 359
Employee
85 636
-
195 500
-
social contributions
28 876
-
65 923
-
regional
1 293
-
3 991
-
municipal
511
-
1 167
-
national
14 472
-
42 846
-
total
45 152
-
113 927
-
Employer
85 636
-
195 500
-
total
-
-
-
-
Corporate
109 864
195 500
-
-
nationa
26 367
46 920
-
-
municipal
5 296
9 423
-
-
total
31 663
56 343
-
-
Dividends
78 201
139 158
-
-
withholding
20 333
36 181
-
-
total
20 333
36 181
-
-
Income
195 500
195 500
195 500
195 500
Total tax
97 148
92 524
113 927
105 359
After tax
98 352
102 976
81 573
90 141
Living cost
40 485
40 485
40 485
40 485
Free-cash
57 867
62 491
41 088
49 656

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
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.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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