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
₽ 196500
per

Your estimated
City
free-cash

Dresden , Germany
₽68512
₽79675
₽69207
₽92767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
trade
-
-
-
23 560
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.

-
-
-
62 819
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.

-
-
-
6 894
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.

-
-
-
3 455
total
-
-
-
96 728
Employee

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

38 597
-
196 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
3 455
-
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.

1 078
-
62 819
-
total
8 031
-
73 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 903
196 500
-
-
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.

1 302
1 622
-
-
income
23 685
29 475
-
-
trade
24 870
30 948
-
-
chamber of commerce
379
435
-
-
total
50 236
62 480
-
-
Dividends
107 667
134 020
-
-
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.

1 459
1 821
-
-
withholding
26 534
33 122
-
-
total
27 993
34 943
-
-
Income
196 500
196 500
196 500
196 500
Total tax
86 260
97 423
73 168
96 728
After tax
110 240
99 077
123 332
99 772
Living cost
30 565
30 565
30 565
30 565
Free-cash
79 675
68 512
92 767
69 207

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71626
₽70777
₽63108
₽64162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
21 663
pensions
-
-
-
23 580
national
-
-
-
35 047
social contributions
-
-
-
2 112
total
-
-
-
82 402
Employee
79 044
-
169 872
-
municipal
9 763
-
22 424
-
pensions
3 162
-
6 795
-
national
15 129
-
36 713
-
total
28 054
-
65 932
-
Employer
79 044
-
169 872
-
social contributions
850
-
1 826
-
pensions
6 324
-
13 590
-
total
7 174
-
15 416
-
Corporate
105 066
196 500
-
-
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%.

21 013
39 300
-
-
total
21 013
39 300
-
-
Dividends
84 053
157 200
-
-
withholding
18 492
34 584
-
-
total
18 492
34 584
-
-
Income
196 500
196 500
196 500
196 500
Total tax
74 733
73 884
81 348
82 402
After tax
121 767
122 616
115 152
114 098
Living cost
50 990
50 990
50 990
50 990
Free-cash
70 777
71 626
64 162
63 108

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136207
₽127928
₽48425
₽62834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
microenterprise
-
-
-
-
income
-
-
-
38 309
surtax
-
-
-
50 108
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.

-
-
-
38 664
total
-
-
-
127 081
Employee
29 487
-
150 925
-
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.

3 244
-
13 229
-
surtax
-
-
21 884
-
income
5 249
-
31 986
-
total
8 493
-
67 099
-
Employer
29 487
-
150 925
-
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.

7 103
-
28 972
-
surtax
-
-
16 601
-
total
7 103
-
45 573
-
Corporate
159 910
196 500
-
-
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%.

31 982
39 299
-
-
total
31 982
39 299
-
-
Dividends

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

127 928
157 201
-
-
total
-
-
-
-
Income
196 500
196 500
196 500
196 500
Total tax
47 578
39 299
112 672
127 081
After tax
148 922
157 201
83 828
69 419
Living cost
20 994
20 994
20 994
20 994
Free-cash
127 928
136 207
62 834
48 425

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55294
₽49111
₽64907
₽82529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
65 053
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
89 320
Employee
86 174
86 174
177 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
28 677
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
52 944
-
Employer
86 174
86 174
177 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
96 293
95 235
-
-
income
19 259
19 046
-
-
total
19 259
19 046
-
-
Dividends
77 034
76 189
-
-
income
16 369
16 189
-
-
withholding
11 555
11 429
-
-
total
27 924
27 618
-
-
Income
196 500
196 500
196 500
196 500
Total tax
105 116
98 933
71 698
89 320
After tax
91 384
97 567
124 802
107 180
Living cost
42 273
42 273
42 273
42 273
Free-cash
49 111
55 294
82 529
64 907

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽68300
₽67424
₽60410
₽59463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
51 214
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
21 133
total
-
-
-
97 101
Employee
55 556
-
169 651
-
municipal
16 567
-
50 590
-
national
-
-
20 610
-
total
16 567
-
71 200
-
Employer
55 556
-
169 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
123 488
196 500
-
-
income
27 167
43 230
-
-
total
27 167
43 230
-
-
Dividends
96 321
153 270
-
-
withholding
28 896
45 981
-
-
total
28 896
45 981
-
-
Income
196 500
196 500
196 500
196 500
Total tax
90 087
89 211
98 048
97 101
After tax
106 413
107 289
98 452
99 399
Living cost
38 989
38 989
38 989
38 989
Free-cash
67 424
68 300
59 463
60 410

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58424
₽72602
₽59084
₽83690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
trade
-
-
-
24 606
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.

-
-
-
62 819
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.

-
-
-
6 894
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.

-
-
-
3 455
total
-
-
-
97 774
Employee

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

51 174
-
196 500
-
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.

6 894
-
6 894
-
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.

241
-
3 455
-
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.

4 397
-
62 819
-
total
11 532
-
73 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 326
196 500
-
-
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.

1 199
1 622
-
-
income
21 798
29 475
-
-
trade
23 907
32 325
-
-
chamber of commerce
360
433
-
-
total
47 264
63 855
-
-
Dividends
98 062
132 645
-
-
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.

1 327
1 802
-
-
withholding
24 133
32 777
-
-
total
25 460
34 579
-
-
Income
196 500
196 500
196 500
196 500
Total tax
84 256
98 434
73 168
97 774
After tax
112 244
98 066
123 332
98 726
Living cost
39 642
39 642
39 642
39 642
Free-cash
72 602
58 424
83 690
59 084

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110558
₽106370
₽100637
₽98960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
41 793
health
-
-
-
5 012
social contributions
-
-
-
16 327
total
-
-
-
63 132
Employee
77 596
77 596
184 403
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 135
-
income
8 148
7 183
40 891
-
total
12 691
14 942
52 712
-
Employer
77 596
77 596
184 403
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 411
-
total
4 612
7 876
12 097
-
Corporate
146 467
111 027
-
-
income
18 309
13 878
-
-
total
18 309
13 878
-
-
Dividends
128 158
97 150
-
-
withholding
21 787
16 515
-
-
total
21 787
16 515
-
-
Income
196 500
196 500
196 500
196 500
Total tax
57 399
53 211
64 809
63 132
After tax
139 101
143 289
131 691
133 368
Living cost
32 731
32 731
32 731
32 731
Free-cash
106 370
110 558
98 960
100 637

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92009
₽92390
₽117790
₽95577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
24 022
pensions
-
-
-
19 650
unemployment
-
-
-
2 948
health
-
-
-
13 755
total
-
-
-
60 375
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.

26 467
10 533
164 435
-
health
1 853
737
11 510
-
income
3 236
1 288
20 102
-
pensions
2 647
1 053
16 444
-
unemployment
397
158
2 467
-
total
8 133
3 236
50 523
-
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.

26 467
10 533
164 435
-
pensions
5 161
2 054
32 065
-
total
5 161
2 054
32 065
-
Corporate
164 872
183 913
-
-
income
14 839
16 552
-
-
total
14 839
16 552
-
-
Dividends
150 034
167 361
-
-
social contributions
29 136
32 515
-
-
withholding
28 506
31 799
-
-
total
57 642
64 314
-
-
Income
196 500
196 500
196 500
196 500
Total tax
85 775
86 156
82 588
60 375
After tax
110 725
110 344
113 912
136 125
Living cost
18 335
18 335
18 335
18 335
Free-cash
92 390
92 009
95 577
117 790

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132827
₽126556
₽80950
₽88883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
26 331
pensions
-
-
-
39 299
health
-
-
-
25 546
total
-
-
-
91 176
Employee
28 627
-
146 860
-
income
3 223
-
28 315
-
pensions
573
-
2 938
-
unemployment
458
-
2 350
-
total
4 254
-
33 603
-
Employer
28 627
-
146 860
-
unemployment
230
-
1 176
-
pensions
5 726
-
29 372
-
health
3 721
-
19 092
-
total
9 677
-
49 640
-
Corporate
158 197
196 500
-
-
income
31 639
39 299
-
-
total
31 639
39 299
-
-
Dividends
126 557
157 201
-
-
total
-
-
-
-
Income
196 500
196 500
196 500
196 500
Total tax
45 570
39 299
83 243
91 176
After tax
150 930
157 201
113 257
105 324
Living cost
24 374
24 374
24 374
24 374
Free-cash
126 556
132 827
88 883
80 950

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6154
₽12531
₽112186
₽85359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
253
income
-
-
-
55 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 243
Employee
34 719
-
178 109
-
health
3 975
-
20 394
-
income
4 763
-
42 631
-
pensions
3 909
-
7 654
-
total
12 647
-
70 679
-
Employer
34 719
-
178 109
-
accident
580
-
2 974
-
unemployment
851
-
4 364
-
pensions
5 646
-
11 053
-
total
7 077
-
18 391
-
Corporate
154 706
196 500
-
-
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.

139 235
176 850
-
-
total
139 235
176 850
-
-
Dividends
15 470
19 650
-
-
withholding
2 939
3 733
-
-
total
2 939
3 733
-
-
Income
196 500
196 500
196 500
196 500
Total tax
161 898
180 583
89 070
62 243
After tax
34 602
15 917
107 430
134 257
Living cost
22 071
22 071
22 071
22 071
Free-cash
12 531
-6 154
85 359
112 186

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177596
₽175895
₽185456
₽148121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
196 500
microenterprise

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

-
-
-
1 965
total
-
-
-
1 965
Employee
11 349
-
196 500
-
income
2 269
-
39 300
-
total
2 269
-
39 300
-
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%.

185 151
196 500
-
-
total
-
-
-
-
Dividends
185 151
196 500
-
-
withholding
9 257
9 825
-
-
total
9 257
9 825
-
-
Income
196 500
196 500
196 500
196 500
Total tax
11 526
9 825
39 300
1 965
After tax
184 974
186 675
157 200
194 535
Living cost
9 079
9 079
9 079
9 079
Free-cash
175 895
177 596
148 121
185 456

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117481
₽110664
₽86605
₽84911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
32 137
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
83 006
Employee
36 640
-
157 796
-
health
513
-
2 149
-
income
6 308
-
31 572
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
45 996
-
Employer
36 640
-
157 796
-
accident
293
-
1 262
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 704
-
Corporate
150 626
196 500
-
-
income
31 632
41 264
-
-
total
31 632
41 264
-
-
Dividends
118 994
155 236
-
-
withholding
8 330
10 866
-
-
total
8 330
10 866
-
-
Income
196 500
196 500
196 500
196 500
Total tax
58 947
52 130
84 700
83 006
After tax
137 553
144 370
111 800
113 494
Living cost
26 889
26 889
26 889
26 889
Free-cash
110 664
117 481
84 911
86 605

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58949
₽65597
₽61220
₽43537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
58 084
pensions
-
-
-
9 474
total
-
-
-
67 558
Employee
95 816
-
171 485
-
health
1 579
-
2 416
-
income
17 272
-
46 294
-
pensions
9 244
-
11 519
-
total
28 095
-
60 229
-
Employer
95 816
-
171 485
-
pensions
11 313
-
21 754
-
health
1 820
-
3 258
-
total
13 133
-
25 012
-
Corporate
87 551
196 500
-
-
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.

16 634
37 336
-
-
total
16 634
37 336
-
-
Dividends
70 917
159 164
-
-
withholding
5 319
32 493
-
-
total
5 319
32 493
-
-
Income
196 500
196 500
196 500
196 500
Total tax
63 181
69 829
85 241
67 558
After tax
133 319
126 671
111 259
128 942
Living cost
67 722
67 722
67 722
67 722
Free-cash
65 597
58 949
43 537
61 220

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽154769
₽150078
₽144369
₽152275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
29 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 892
Employee
17 531
-
189 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
18 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
24 065
-
Employer
17 531
-
189 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
175 529
196 500
-
-
income
17 553
19 650
-
-
total
17 553
19 650
-
-
Dividends
157 977
176 850
-
-
withholding
7 899
8 842
-
-
total
7 899
8 842
-
-
Income
196 500
196 500
196 500
196 500
Total tax
33 183
28 492
30 986
38 892
After tax
163 317
168 008
165 514
157 608
Living cost
13 239
13 239
13 239
13 239
Free-cash
150 078
154 769
152 275
144 369

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41610
₽44148
₽51223
₽68845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
65 053
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
89 320
Employee
93 558
86 174
177 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
28 677
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
52 944
-
Employer
93 558
86 174
177 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
86 561
95 235
-
-
income
17 311
19 046
-
-
total
17 311
19 046
-
-
Dividends
69 250
76 189
-
-
income
14 717
16 189
-
-
withholding
10 387
11 429
-
-
total
25 104
27 618
-
-
Income
196 500
196 500
196 500
196 500
Total tax
96 395
98 933
71 698
89 320
After tax
100 105
97 567
124 802
107 180
Living cost
55 957
55 957
55 957
55 957
Free-cash
44 148
41 610
68 845
51 223

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111123
₽102500
₽89624
₽81334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
20 280
health
-
-
-
26 527
solidarity contribution
-
-
-
1 127
social contributions
-
-
-
34 775
total
-
-
-
82 709
Employee
35 540
-
152 960
-
social contributions
2 310
-
7 741
-
health
4 798
-
20 650
-
solidarity contribution
-
-
383
-
income
4 265
-
18 685
-
total
11 373
-
47 459
-
Employer
35 540
-
152 960
-
social contributions
8 885
-
29 774
-
health
3 199
-
13 766
-
total
12 084
-
43 540
-
Corporate
148 877
196 500
-
-
income
28 287
37 335
-
-
total
28 287
37 335
-
-
Dividends
120 590
159 165
-
-
withholding
18 089
23 875
-
-
total
18 089
23 875
-
-
Income
196 500
196 500
196 500
196 500
Total tax
69 833
61 210
90 999
82 709
After tax
126 667
135 290
105 501
113 791
Living cost
24 167
24 167
24 167
24 167
Free-cash
102 500
111 123
81 334
89 624

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62260
₽56993
₽50206
₽41385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
1 168
regional
-
-
-
2 341
national
-
-
-
49 698
social contributions
-
-
-
50 506
total
-
-
-
103 713
Employee
89 684
-
196 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 067
-
municipal
475
-
1 042
-
national
15 540
-
43 210
-
total
47 102
-
112 534
-
Employer
89 684
-
196 500
-
total
-
-
-
-
Corporate
106 816
196 500
-
-
nationa
25 636
47 160
-
-
municipal
4 165
7 664
-
-
total
29 801
54 824
-
-
Dividends
77 015
141 676
-
-
withholding
20 023
36 835
-
-
total
20 023
36 835
-
-
Income
196 500
196 500
196 500
196 500
Total tax
96 926
91 659
112 534
103 713
After tax
99 574
104 841
83 966
92 787
Living cost
42 581
42 581
42 581
42 581
Free-cash
56 993
62 260
41 385
50 206

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101330
₽98189
₽70470
₽64300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
57 727
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 307
total
-
-
-
103 762
Employee
33 371
-
168 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 100
-
income
5 594
-
51 691
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
81 582
-
Employer
33 371
-
168 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
156 105
196 500
-
-
income
40 588
51 090
-
-
total
40 588
51 090
-
-
Dividends
115 517
145 410
-
-
withholding
17 327
21 812
-
-
total
17 327
21 812
-
-
Income
196 500
196 500
196 500
196 500
Total tax
76 043
72 902
109 932
103 762
After tax
120 457
123 598
86 568
92 738
Living cost
22 268
22 268
22 268
22 268
Free-cash
98 189
101 330
64 300
70 470

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80405
₽87093
₽82676
₽64993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
58 084
pensions
-
-
-
9 474
total
-
-
-
67 558
Employee
64 213
-
171 485
-
health
932
-
2 416
-
income
11 565
-
46 294
-
pensions
5 450
-
11 519
-
total
17 947
-
60 229
-
Employer
64 213
-
171 485
-
pensions
6 951
-
21 754
-
health
1 220
-
3 258
-
total
8 171
-
25 012
-
Corporate
124 116
196 500
-
-
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.

23 583
37 336
-
-
total
23 583
37 336
-
-
Dividends
100 533
159 164
-
-
withholding
13 440
32 493
-
-
total
13 440
32 493
-
-
Income
196 500
196 500
196 500
196 500
Total tax
63 141
69 829
85 241
67 558
After tax
133 359
126 671
111 259
128 942
Living cost
46 266
46 266
46 266
46 266
Free-cash
87 093
80 405
64 993
82 676

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13589
₽46220
₽81157
₽72872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
city
-
-
-
2 070
pensions
-
-
-
18 078
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.

-
-
-
3 929
regional
-
-
-
10 368
health
-
-
-
443
national
-
-
-
4 189
total
-
-
-
39 077
Employee
89 251
-
176 207
-
city
958
-
1 898
-
regional
2 923
-
9 054
-
health
202
-
396
-
pensions
7 498
-
14 434
-
unemployment
-
-
-
-
national
422
-
3 226
-
total
12 003
-
29 008
-
Employer
89 251
-
176 207
-
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.

1 784
-
3 524
-
unemployment
-
-
-
-
pensions
7 498
-
14 434
-
health
202
-
396
-
total
9 484
-
18 354
-
Corporate
96 783
196 500
-
-
regional
20 469
41 560
-
-
national
8 227
16 703
-
-
total
28 696
58 263
-
-
Dividends
68 087
138 238
-
-
withholding
23 831
48 382
-
-
total
23 831
48 382
-
-
Income
196 500
196 500
196 500
196 500
Total tax
74 014
106 645
47 362
39 077
After tax
122 486
89 855
149 138
157 423
Living cost
76 266
76 266
76 266
76 266
Free-cash
46 220
13 589
72 872
81 157

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50827
₽67192
₽51451
₽77104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
trade
-
-
-
25 653
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.

-
-
-
62 819
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.

-
-
-
6 894
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.

-
-
-
3 455
total
-
-
-
98 821
Employee

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

60 646
-
196 500
-
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.

6 894
-
6 894
-
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.

393
-
3 455
-
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.

7 131
-
62 819
-
total
14 418
-
73 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 854
196 500
-
-
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.

1 120
1 622
-
-
income
20 377
29 475
-
-
trade
23 300
33 700
-
-
chamber of commerce
345
429
-
-
total
45 142
65 226
-
-
Dividends
90 712
131 274
-
-
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.

1 226
1 785
-
-
withholding
22 294
32 434
-
-
total
23 520
34 219
-
-
Income
196 500
196 500
196 500
196 500
Total tax
83 080
99 445
73 168
98 821
After tax
113 420
97 055
123 332
97 679
Living cost
46 228
46 228
46 228
46 228
Free-cash
67 192
50 827
77 104
51 451

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64512
₽70472
₽75646
₽71333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
32 493
pensions
-
-
-
33 252
other
-
-
-
6 092
health
-
-
-
8 893
surtax
-
-
-
-
social contributions
-
-
-
5 599
total
-
-
-
86 329
Employee
43 189
-
151 216
-
social contributions
1 231
-
4 309
-
surtax
-
-
-
-
income
2 549
-
30 180
-
pensions
4 883
-
10 871
-
total
8 663
-
45 360
-
Employer
43 189
-
151 216
-
other
1 490
-
6 050
-
social contributions
130
-
454
-
unemployment
1 748
-
6 124
-
pensions
7 095
-
18 239
-
health
3 024
-
14 415
-
total
13 487
-
45 282
-
Corporate
139 824
196 500
-
-
surtax
-
-
-
-
income
39 150
55 019
-
-
total
39 150
55 019
-
-
Dividends
100 674
141 481
-
-
surtax
-
-
-
-
social contributions
17 317
24 334
-
-
withholding
12 886
18 110
-
-
total
30 203
42 444
-
-
Income
196 500
196 500
196 500
196 500
Total tax
91 503
97 463
90 642
86 329
After tax
104 997
99 037
105 858
110 171
Living cost
34 525
34 525
34 525
34 525
Free-cash
70 472
64 512
71 333
75 646

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67932
₽73539
₽79066
₽74753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
32 493
pensions
-
-
-
33 252
other
-
-
-
6 092
health
-
-
-
8 893
surtax
-
-
-
-
social contributions
-
-
-
5 599
total
-
-
-
86 329
Employee
38 552
-
151 216
-
social contributions
1 099
-
4 309
-
surtax
-
-
-
-
income
1 988
-
30 180
-
pensions
4 360
-
10 871
-
total
7 447
-
45 360
-
Employer
38 552
-
151 216
-
other
1 331
-
6 050
-
social contributions
115
-
454
-
unemployment
1 561
-
6 124
-
pensions
6 335
-
18 239
-
health
2 698
-
14 415
-
total
12 040
-
45 282
-
Corporate
145 909
196 500
-
-
surtax
-
-
-
-
income
40 854
55 019
-
-
total
40 854
55 019
-
-
Dividends
105 054
141 481
-
-
surtax
-
-
-
-
social contributions
18 068
24 334
-
-
withholding
13 447
18 110
-
-
total
31 515
42 444
-
-
Income
196 500
196 500
196 500
196 500
Total tax
91 856
97 463
90 642
86 329
After tax
104 644
99 037
105 858
110 171
Living cost
31 105
31 105
31 105
31 105
Free-cash
73 539
67 932
74 753
79 066

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98485
₽99010
₽104796
₽100194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
29 475
health
-
-
-
13 715
social contributions
-
-
-
27 116
total
-
-
-
70 306
Employee
34 215
-
196 500
-
social contributions
4 722
-
27 116
-
health
2 388
-
13 715
-
income
5 707
-
34 077
-
total
12 817
-
74 908
-
Employer
34 215
-
196 500
-
total
-
-
-
-
Corporate
162 285
196 500
-
-
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%.

8 114
9 826
-
-
total
8 114
9 826
-
-
Dividends
154 171
186 674
-
-
health
10 760
13 030
-
-
social contributions
21 276
25 760
-
-
withholding
23 125
28 001
-
-
total
55 161
66 791
-
-
Income
196 500
196 500
196 500
196 500
Total tax
76 092
76 617
74 908
70 306
After tax
120 408
119 883
121 592
126 194
Living cost
21 398
21 398
21 398
21 398
Free-cash
99 010
98 485
100 194
104 796

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72990
₽71425
₽65349
₽16279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
chamber of commerce
-
-
-
785
income
-
-
-
57 593
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
95 594
Employee
50 431
40 215
159 347
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
47 281
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
68 631
-
Employer
50 431
40 215
159 347
-
accident
655
523
1 532
-
other
2 396
1 909
7 216
-
chamber of commerce
201
161
638
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
4 780
-
health
1 905
1 520
4 456
-
total
14 711
11 772
37 153
-
Corporate
131 358
144 512
155 517
-
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.

32 840
36 128
38 880
-
total
32 840
36 128
38 880
-
Dividends
98 518
108 384
-
-
withholding
27 093
29 805
-
-
total
27 093
29 805
-
-
Income
196 500
196 500
196 500
196 500
Total tax
89 518
87 953
144 664
95 594
After tax
106 982
108 547
51 836
100 906
Living cost
35 557
35 557
35 557
35 557
Free-cash
71 425
72 990
16 279
65 349

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽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

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
₽72743
₽57929
₽48518
₽31344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
national
-
-
-
75 749
communal

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

-
-
-
10 280
social contributions
-
-
-
25 159
total
-
-
-
111 188
Employee

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

72 183
-
152 197
-
communal

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

3 765
-
7 938
-
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.

3 391
-
7 152
-
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.

5 414
-
11 415
-
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.

628
-
1 323
-
national
22 192
-
56 232
-
total
35 390
-
84 060
-
Employer

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

72 183
-
152 197
-
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.

938
-
1 978
-
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.

1 053
-
2 221
-
surtax
8 185
-
17 258
-
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.

6 396
-
13 485
-
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.

4 439
-
9 360
-
total
21 011
-
44 302
-
Corporate
103 306
196 500
-
-
surtax
414
795
-
-
income
20 661
39 749
-
-
total
21 075
40 544
-
-
Dividends
82 232
155 956
-
-
withholding

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

24 301
46 419
-
-
total
24 301
46 419
-
-
Income
196 500
196 500
196 500
196 500
Total tax
101 777
86 963
128 362
111 188
After tax
94 723
109 537
68 138
85 312
Living cost
36 794
36 794
36 794
36 794
Free-cash
57 929
72 743
31 344
48 518

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94310
₽87398
₽73622
₽69388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
843
income
-
-
-
58 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 435
Employee
50 231
-
166 682
-
other
50
-
94
-
income
10 598
-
54 909
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
60 850
-
Employer
50 231
-
166 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
130 258
196 500
-
-
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.

19 539
29 475
-
-
total
19 539
29 475
-
-
Dividends
110 719
167 025
-
-
withholding
23 321
36 272
-
-
total
23 321
36 272
-
-
Income
196 500
196 500
196 500
196 500
Total tax
72 659
65 747
90 669
86 435
After tax
123 841
130 753
105 831
110 065
Living cost
36 443
36 443
36 443
36 443
Free-cash
87 398
94 310
69 388
73 622

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58722
₽45238
₽40214
₽48048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
1 656
income
-
-
-
34 371
pensions
-
-
-
29 452
health
-
-
-
13 807
surtax
-
-
-
9 742
communal
-
-
-
12 419
total
-
-
-
101 447
Employee
76 419
-
175 525
-
health
3 401
-
7 809
-
surtax
4 684
-
10 756
-
income
7 381
-
40 030
-
pensions
6 113
-
14 043
-
total
21 579
-
72 638
-
Employer
76 419
-
175 525
-
accident
687
-
1 580
-
pensions
6 113
-
14 043
-
health
2 331
-
5 352
-
total
9 131
-
20 975
-
Corporate
110 950
196 500
-
-
surtax
1 164
2 062
-
-
communal
7 490
13 263
-
-
income
16 643
29 475
-
-
total
25 297
44 800
-
-
Dividends
85 653
151 699
-
-
income
27 568
15 385
-
-
withholding
12 848
22 754
-
-
total
40 416
38 139
-
-
Income
196 500
196 500
196 500
196 500
Total tax
96 423
82 939
93 613
101 447
After tax
100 077
113 561
102 887
95 053
Living cost
54 839
54 839
54 839
54 839
Free-cash
45 238
58 722
48 048
40 214

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100932
₽97724
₽70072
₽63902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
57 727
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
9 307
total
-
-
-
103 762
Employee
33 983
-
168 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
8 100
-
income
5 697
-
51 691
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
81 582
-
Employer
33 983
-
168 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
155 362
196 500
-
-
income
40 395
51 090
-
-
total
40 395
51 090
-
-
Dividends
114 967
145 410
-
-
withholding
17 244
21 812
-
-
total
17 244
21 812
-
-
Income
196 500
196 500
196 500
196 500
Total tax
76 110
72 902
109 932
103 762
After tax
120 390
123 598
86 568
92 738
Living cost
22 666
22 666
22 666
22 666
Free-cash
97 724
100 932
63 902
70 072

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76102
₽73861
₽64982
₽56204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
1 168
regional
-
-
-
2 963
national
-
-
-
49 698
social contributions
-
-
-
50 506
total
-
-
-
104 335
Employee
55 977
-
196 500
-
social contributions
18 876
-
66 215
-
regional
754
-
2 646
-
municipal
297
-
1 042
-
national
8 868
-
43 210
-
total
28 795
-
113 113
-
Employer
55 977
-
196 500
-
total
-
-
-
-
Corporate
140 523
196 500
-
-
nationa
33 725
47 160
-
-
municipal
6 984
9 766
-
-
total
40 709
56 926
-
-
Dividends
99 814
139 573
-
-
withholding
25 952
36 289
-
-
total
25 952
36 289
-
-
Income
196 500
196 500
196 500
196 500
Total tax
95 456
93 215
113 113
104 335
After tax
101 044
103 285
83 387
92 165
Living cost
27 183
27 183
27 183
27 183
Free-cash
73 861
76 102
56 204
64 982

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105510
₽94886
₽84011
₽75721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
20 280
health
-
-
-
26 527
solidarity contribution
-
-
-
1 127
social contributions
-
-
-
34 775
total
-
-
-
82 709
Employee
43 794
-
152 960
-
social contributions
2 847
-
7 741
-
health
5 912
-
20 650
-
solidarity contribution
-
-
383
-
income
5 255
-
18 685
-
total
14 014
-
47 459
-
Employer
43 794
-
152 960
-
social contributions
10 949
-
29 774
-
health
3 941
-
13 766
-
total
14 890
-
43 540
-
Corporate
137 816
196 500
-
-
income
26 185
37 335
-
-
total
26 185
37 335
-
-
Dividends
111 631
159 165
-
-
withholding
16 745
23 875
-
-
total
16 745
23 875
-
-
Income
196 500
196 500
196 500
196 500
Total tax
71 834
61 210
90 999
82 709
After tax
124 666
135 290
105 501
113 791
Living cost
29 780
29 780
29 780
29 780
Free-cash
94 886
105 510
75 721
84 011

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76460
₽75961
₽68911
₽19694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
chamber of commerce
-
-
-
785
income
-
-
-
57 593
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
95 395
Employee
44 111
40 215
159 533
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
47 369
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
68 719
-
Employer
44 111
40 215
159 533
-
accident
573
523
1 532
-
other
2 095
1 909
7 223
-
chamber of commerce
176
161
638
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
4 786
-
health
1 668
1 520
4 456
-
total
12 694
11 573
36 967
-
Corporate
139 694
144 711
155 703
-
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.

34 924
36 178
38 926
-
total
34 924
36 178
38 926
-
Dividends
104 771
108 533
-
-
withholding
28 811
29 847
-
-
total
28 811
29 847
-
-
Income
196 500
196 500
196 500
196 500
Total tax
88 345
87 846
144 612
95 395
After tax
108 155
108 654
51 888
101 105
Living cost
32 194
32 194
32 194
32 194
Free-cash
75 961
76 460
19 694
68 911

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172526
₽169873
₽180386
₽143051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
196 500
microenterprise

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

-
-
-
1 965
total
-
-
-
1 965
Employee
17 686
-
196 500
-
income
3 537
-
39 300
-
total
3 537
-
39 300
-
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%.

178 814
196 500
-
-
total
-
-
-
-
Dividends
178 814
196 500
-
-
withholding
8 941
9 825
-
-
total
8 941
9 825
-
-
Income
196 500
196 500
196 500
196 500
Total tax
12 478
9 825
39 300
1 965
After tax
184 022
186 675
157 200
194 535
Living cost
14 149
14 149
14 149
14 149
Free-cash
169 873
172 526
143 051
180 386

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108224
₽99784
₽67382
₽62749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
income
-
-
-
46 535
pensions
-
-
-
35 885
unemployment
-
-
-
295
health
-
-
-
19 336
total
-
-
-
102 051
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.

44 623
-
170 027
-
health
2 882
-
10 984
-
income
7 695
-
42 637
-
pensions
6 917
-
26 354
-
unemployment
63
-
237
-
total
17 557
-
80 212
-
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.

44 623
-
170 027
-
unemployment
27
-
101
-
pensions
3 949
-
15 048
-
health
2 972
-
11 323
-
total
6 948
-
26 472
-
Corporate
144 929
196 500
-
-
income
27 536
37 335
-
-
total
27 536
37 335
-
-
Dividends
117 393
159 165
-
-
withholding
17 608
23 874
-
-
total
17 608
23 874
-
-
Income
196 500
196 500
196 500
196 500
Total tax
69 649
61 209
106 684
102 051
After tax
126 851
135 291
89 816
94 449
Living cost
27 067
27 067
27 067
27 067
Free-cash
99 784
108 224
62 749
67 382

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75986
₽27961
₽92232
₽139652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
38 302
social contributions
-
-
-
22 401
total
-
-
-
60 703
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
45 956
196 500
-
-
income
10 110
43 230
-
-
total
10 110
43 230
-
-
Dividends
35 846
153 270
-
-
income
7 886
33 719
-
-
total
7 886
33 719
-
-
Income
196 500
196 500
196 500
196 500
Total tax
124 974
76 949
13 283
60 703
After tax
71 526
119 551
183 217
135 797
Living cost
43 565
43 565
43 565
43 565
Free-cash
27 961
75 986
139 652
92 232

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80117
₽79099
₽72379
₽57480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
income
-
-
-
24 183
surtax
-
-
-
-
social contributions

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

-
-
-
68 285
total
-
-
-
92 468
Employee
46 411
-
158 788
-
social contributions
5 105
-
17 467
-
surtax
-
-
-
-
income
9 654
-
52 188
-
total
14 759
-
69 655
-
Employer
46 411
-
158 788
-
social contributions
11 023
-
37 712
-
total
11 023
-
37 712
-
Corporate
139 066
196 500
-
-
surtax
-
-
-
-
income
29 204
41 264
-
-
total
29 204
41 264
-
-
Dividends
109 862
155 236
-
-
withholding
30 762
43 466
-
-
total
30 762
43 466
-
-
Income
196 500
196 500
196 500
196 500
Total tax
85 748
84 730
107 367
92 468
After tax
110 752
111 770
89 133
104 032
Living cost
31 653
31 653
31 653
31 653
Free-cash
79 099
80 117
57 480
72 379

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50298
₽57234
₽61432
₽57119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
32 493
pensions
-
-
-
33 252
other
-
-
-
6 092
health
-
-
-
8 893
surtax
-
-
-
-
social contributions
-
-
-
5 599
total
-
-
-
86 329
Employee
63 203
-
151 216
-
social contributions
1 800
-
4 309
-
surtax
-
-
-
-
income
5 515
-
30 180
-
pensions
7 149
-
10 871
-
total
14 464
-
45 360
-
Employer
63 203
-
151 216
-
other
2 181
-
6 050
-
social contributions
190
-
454
-
unemployment
2 560
-
6 124
-
pensions
10 385
-
18 239
-
health
4 424
-
14 415
-
total
19 740
-
45 282
-
Corporate
113 557
196 500
-
-
surtax
-
-
-
-
income
31 796
55 019
-
-
total
31 796
55 019
-
-
Dividends
81 761
141 481
-
-
surtax
-
-
-
-
social contributions
14 062
24 334
-
-
withholding
10 465
18 110
-
-
total
24 527
42 444
-
-
Income
196 500
196 500
196 500
196 500
Total tax
90 527
97 463
90 642
86 329
After tax
105 973
99 037
105 858
110 171
Living cost
48 739
48 739
48 739
48 739
Free-cash
57 234
50 298
57 119
61 432

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146516
₽143127
₽113737
₽118960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
9 200
social contributions
-
-
-
43 229
total
-
-
-
52 429
Employee
32 442
-
170 129
-
income
-
-
9 780
-
social contributions
2 108
-
11 057
-
total
2 108
-
20 837
-
Employer
32 442
-
170 129
-
social contributions
5 029
-
26 369
-
total
5 029
-
26 369
-
Corporate
159 029
196 500
-
-
income
15 902
19 650
-
-
total
15 902
19 650
-
-
Dividends
143 127
176 850
-
-
total
-
-
-
-
Income
196 500
196 500
196 500
196 500
Total tax
23 039
19 650
47 206
52 429
After tax
173 461
176 850
149 294
144 071
Living cost
30 334
30 334
30 334
30 334
Free-cash
143 127
146 516
118 960
113 737

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23458
-₽23458
₽66193
-₽23458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
41 486
pensions
-
-
-
875
national
-
-
-
23 676
labour market
-
-
-
15 650
total
-
-
-
81 687
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
196 500
196 500
196 500
196 500
Total tax
171 338
171 338
171 338
81 687
After tax
25 162
25 162
25 162
114 813
Living cost
48 620
48 620
48 620
48 620
Free-cash
-23 458
-23 458
-23 458
66 193

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5828
₽12581
₽112512
₽85685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
253
income
-
-
-
55 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 243
Employee
34 207
-
178 109
-
health
3 917
-
20 394
-
income
4 693
-
42 631
-
pensions
3 852
-
7 654
-
total
12 462
-
70 679
-
Employer
34 207
-
178 109
-
accident
571
-
2 974
-
unemployment
838
-
4 364
-
pensions
5 562
-
11 053
-
total
6 971
-
18 391
-
Corporate
155 322
196 500
-
-
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.

139 790
176 850
-
-
total
139 790
176 850
-
-
Dividends
15 532
19 650
-
-
withholding
2 951
3 733
-
-
total
2 951
3 733
-
-
Income
196 500
196 500
196 500
196 500
Total tax
162 174
180 583
89 070
62 243
After tax
34 326
15 917
107 430
134 257
Living cost
21 745
21 745
21 745
21 745
Free-cash
12 581
-5 828
85 685
112 512

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83225
₽86211
₽85274
₽62767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
196 500
municipal
-
-
-
34 901
health
-
-
-
2 604
national
-
-
-
34 978
total
-
-
-
72 483
Employee
53 092
-
165 307
-
health
396
-
2 124
-
municipal
8 696
-
26 917
-
pensions
3 583
-
11 159
-
unemployment
797
-
2 480
-
national
877
-
21 117
-
total
14 349
-
63 797
-
Employer
53 092
-
165 307
-
accident
54
-
165
-
unemployment
345
-
1 074
-
pensions
9 211
-
28 681
-
health
408
-
1 273
-
total
10 018
-
31 193
-
Corporate
133 391
196 500
-
-
income
26 678
39 299
-
-
total
26 678
39 299
-
-
Dividends

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

80 035
117 900
-
-
national
6 095
14 011
-
-
municipal
14 406
21 222
-
-
total
20 501
35 233
-
-
Income
196 500
196 500
196 500
196 500
Total tax
71 546
74 532
94 990
72 483
After tax
124 954
121 968
101 510
124 017
Living cost
38 743
38 743
38 743
38 743
Free-cash
86 211
83 225
62 767
85 274

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119925
₽114431
₽110004
₽108327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
41 793
health
-
-
-
5 012
social contributions
-
-
-
16 327
total
-
-
-
63 132
Employee
77 596
77 596
184 403
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 135
-
income
8 449
7 183
40 891
-
total
11 984
14 942
52 712
-
Employer
77 596
77 596
184 403
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 411
-
total
3 587
7 876
12 097
-
Corporate
157 565
111 027
-
-
income
19 696
13 878
-
-
total
19 696
13 878
-
-
Dividends
137 870
97 150
-
-
withholding
23 438
16 515
-
-
total
23 438
16 515
-
-
Income
196 500
196 500
196 500
196 500
Total tax
58 705
53 211
64 809
63 132
After tax
137 795
143 289
131 691
133 368
Living cost
23 364
23 364
23 364
23 364
Free-cash
114 431
119 925
108 327
110 004

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146699
₽141567
₽150230
₽129991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
196 500
income
-
-
-
20 148
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
30 248
Employee

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

23 163
-
186 638
-
health
1 969
-
8 139
-
income
1 584
-
17 645
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
40 625
-
Employer

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

23 163
-
186 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
170 953
196 500
-
-
income
15 385
17 685
-
-
total
15 385
17 685
-
-
Dividends
155 568
178 815
-
-
withholding
14 000
16 094
-
-
total
14 000
16 094
-
-
Income
196 500
196 500
196 500
196 500
Total tax
38 911
33 779
50 487
30 248
After tax
157 589
162 721
146 013
166 252
Living cost
16 022
16 022
16 022
16 022
Free-cash
141 567
146 699
129 991
150 230

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103003
₽98548
₽82315
₽78081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
843
income
-
-
-
58 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 435
Employee
37 313
-
166 682
-
other
36
-
94
-
income
7 194
-
54 909
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
60 850
-
Employer
37 313
-
166 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
147 291
196 500
-
-
income

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

22 093
29 475
-
-
total
22 093
29 475
-
-
Dividends
125 198
167 025
-
-
withholding
26 651
36 272
-
-
total
26 651
36 272
-
-
Income
196 500
196 500
196 500
196 500
Total tax
70 202
65 747
90 669
86 435
After tax
126 298
130 753
105 831
110 065
Living cost
27 750
27 750
27 750
27 750
Free-cash
98 548
103 003
78 081
82 315

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119860
₽119406
₽123350
₽123153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
66 926
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
70 394
Employee
4 198
-
194 238
-
health
210
-
503
-
income
812
-
66 820
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
68 329
-
Employer
4 198
-
194 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
191 358
196 500
-
-
income
42 099
43 230
-
-
total
42 099
43 230
-
-
Dividends
149 259
153 270
-
-
withholding
29 852
30 654
-
-
total
29 852
30 654
-
-
Income
196 500
196 500
196 500
196 500
Total tax
74 338
73 884
70 591
70 394
After tax
122 162
122 616
125 909
126 106
Living cost
2 756
2 756
2 756
2 756
Free-cash
119 406
119 860
123 153
123 350

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124518
₽119554
₽105945
₽105946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
income
-
-
-
44 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
73 102
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.

26 319
-
183 149
-
health
1 355
-
3 841
-
income
3 628
-
44 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
59 751
-
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.

26 319
-
183 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
165 470
196 500
-
-
income
24 821
29 475
-
-
total
24 821
29 475
-
-
Dividends
140 650
167 025
-
-
withholding
21 097
25 054
-
-
total
21 097
25 054
-
-
Income
196 500
196 500
196 500
196 500
Total tax
59 493
54 529
73 101
73 102
After tax
137 007
141 971
123 399
123 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
119 554
124 518
105 946
105 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84565
₽84202
₽76827
₽61928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
income
-
-
-
24 183
surtax
-
-
-
-
social contributions

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

-
-
-
68 285
total
-
-
-
92 468
Employee
39 166
-
158 788
-
social contributions
4 309
-
17 467
-
surtax
-
-
-
-
income
7 653
-
52 188
-
total
11 962
-
69 655
-
Employer
39 166
-
158 788
-
social contributions
9 301
-
37 712
-
total
9 301
-
37 712
-
Corporate
148 033
196 500
-
-
surtax
-
-
-
-
income
31 086
41 264
-
-
total
31 086
41 264
-
-
Dividends
116 947
155 236
-
-
withholding
32 744
43 466
-
-
total
32 744
43 466
-
-
Income
196 500
196 500
196 500
196 500
Total tax
85 093
84 730
107 367
92 468
After tax
111 407
111 770
89 133
104 032
Living cost
27 205
27 205
27 205
27 205
Free-cash
84 202
84 565
61 928
76 827

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95288
₽88685
₽74600
₽70366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
843
income
-
-
-
58 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
86 435
Employee
48 736
-
166 682
-
other
48
-
94
-
income
10 179
-
54 909
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
60 850
-
Employer
48 736
-
166 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
132 226
196 500
-
-
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.

19 834
29 475
-
-
total
19 834
29 475
-
-
Dividends
112 393
167 025
-
-
withholding
23 706
36 272
-
-
total
23 706
36 272
-
-
Income
196 500
196 500
196 500
196 500
Total tax
72 350
65 747
90 669
86 435
After tax
124 150
130 753
105 831
110 065
Living cost
35 465
35 465
35 465
35 465
Free-cash
88 685
95 288
70 366
74 600

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150637
₽144483
₽140237
₽148143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
29 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
38 892
Employee
23 001
-
189 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
18 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
24 065
-
Employer
23 001
-
189 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
168 986
196 500
-
-
income
16 899
19 650
-
-
total
16 899
19 650
-
-
Dividends
152 087
176 850
-
-
withholding
7 604
8 842
-
-
total
7 604
8 842
-
-
Income
196 500
196 500
196 500
196 500
Total tax
34 646
28 492
30 986
38 892
After tax
161 854
168 008
165 514
157 608
Living cost
17 371
17 371
17 371
17 371
Free-cash
144 483
150 637
148 143
140 237

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62140
₽75340
₽62908
₽84373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
trade
-
-
-
21 465
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.

-
-
-
62 819
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.

-
-
-
6 894
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.

-
-
-
3 455
total
-
-
-
94 633
Employee

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

50 210
-
196 500
-
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.

6 894
-
6 894
-
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.

228
-
3 455
-
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.

4 129
-
62 819
-
total
11 251
-
73 168
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 290
196 500
-
-
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.

1 206
1 622
-
-
income
21 944
29 475
-
-
trade
20 992
28 198
-
-
chamber of commerce
368
440
-
-
total
44 510
59 735
-
-
Dividends
101 780
136 764
-
-
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.

1 379
1 859
-
-
withholding
25 061
33 807
-
-
total
26 440
35 666
-
-
Income
196 500
196 500
196 500
196 500
Total tax
82 201
95 401
73 168
94 633
After tax
114 299
101 099
123 332
101 867
Living cost
38 959
38 959
38 959
38 959
Free-cash
75 340
62 140
84 373
62 908

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80067
₽82292
₽43878
₽43878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
61 921
social contributions
-
-
-
33 217
total
-
-
-
95 138
Employee
78 935
-
196 500
-
income
14 895
-
61 921
-
social contributions
6 558
-
33 217
-
total
21 453
-
95 138
-
Employer
78 935
-
196 500
-
total
-
-
-
-
Corporate
117 565
196 500
-
-
income
14 696
24 562
-
-
total
14 696
24 562
-
-
Dividends
102 869
171 938
-
-
withholding
20 575
34 387
-
-
total
20 575
34 387
-
-
Income
196 500
196 500
196 500
196 500
Total tax
56 724
58 949
95 138
95 138
After tax
139 776
137 551
101 362
101 362
Living cost
57 484
57 484
57 484
57 484
Free-cash
82 292
80 067
43 878
43 878

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85763
₽89289
₽123653
₽101941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
income
-
-
-
29 475
health

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

-
-
-
6 741
total
-
-
-
36 216
Employee
46 292
-
191 858
-
income
5 023
-
48 644
-
social contributions
4 638
-
4 642
-
total
9 661
-
53 286
-
Employer
46 292
-
191 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
145 570
196 500
-
-
income
50 950
68 775
-
-
total
50 950
68 775
-
-
Dividends
94 619
127 725
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
196 500
196 500
196 500
196 500
Total tax
70 580
74 106
57 928
36 216
After tax
125 920
122 394
138 572
160 284
Living cost
36 631
36 631
36 631
36 631
Free-cash
89 289
85 763
101 941
123 653

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89058
₽95055
₽91329
₽73646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
income
-
-
-
58 084
pensions
-
-
-
9 474
total
-
-
-
67 558
Employee
51 629
-
171 485
-
health
673
-
2 416
-
income
9 402
-
46 294
-
pensions
3 941
-
11 519
-
total
14 016
-
60 229
-
Employer
51 629
-
171 485
-
pensions
5 216
-
21 754
-
health
981
-
3 258
-
total
6 197
-
25 012
-
Corporate
138 674
196 500
-
-
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.

26 348
37 336
-
-
total
26 348
37 336
-
-
Dividends
112 326
159 164
-
-
withholding
17 271
32 493
-
-
total
17 271
32 493
-
-
Income
196 500
196 500
196 500
196 500
Total tax
63 832
69 829
85 241
67 558
After tax
132 668
126 671
111 259
128 942
Living cost
37 613
37 613
37 613
37 613
Free-cash
95 055
89 058
73 646
91 329

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7981
₽12251
₽110359
₽83532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
accident
-
-
-
253
income
-
-
-
55 256
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
62 243
Employee
37 593
-
178 109
-
health
4 304
-
20 394
-
income
5 157
-
42 631
-
pensions
4 233
-
7 654
-
total
13 694
-
70 679
-
Employer
37 593
-
178 109
-
accident
628
-
2 974
-
unemployment
921
-
4 364
-
pensions
6 112
-
11 053
-
total
7 661
-
18 391
-
Corporate
151 246
196 500
-
-
income

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

136 122
176 850
-
-
total
136 122
176 850
-
-
Dividends
15 124
19 650
-
-
withholding
2 874
3 733
-
-
total
2 874
3 733
-
-
Income
196 500
196 500
196 500
196 500
Total tax
160 351
180 583
89 070
62 243
After tax
36 149
15 917
107 430
134 257
Living cost
23 898
23 898
23 898
23 898
Free-cash
12 251
-7 981
83 532
110 359

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136692
₽147002
₽105806
₽127998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
196 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
32 681
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
77 063
Employee

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

21 810
-
196 500
-
work injury
109
-
403
-
income
2 181
-
32 681
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
54 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 690
196 500
-
-
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%.

1 747
19 650
-
-
total
1 747
19 650
-
-
Dividends
172 943
176 850
-
-
withholding
25 941
26 527
-
-
total
25 941
26 527
-
-
Income
196 500
196 500
196 500
196 500
Total tax
35 867
46 177
54 871
77 063
After tax
160 633
150 323
141 629
119 437
Living cost
13 631
13 631
13 631
13 631
Free-cash
147 002
136 692
127 998
105 806

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63301
₽58712
₽50257
₽41687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
196 500
municipal
-
-
-
1 314
regional
-
-
-
4 524
national
-
-
-
49 698
social contributions
-
-
-
50 506
total
-
-
-
106 042
Employee
85 034
-
196 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 015
-
municipal
507
-
1 172
-
national
14 370
-
43 210
-
total
44 834
-
114 612
-
Employer
85 034
-
196 500
-
total
-
-
-
-
Corporate
111 466
196 500
-
-
nationa
26 752
47 160
-
-
municipal
5 373
9 472
-
-
total
32 125
56 632
-
-
Dividends
79 340
139 868
-
-
withholding
20 628
36 366
-
-
total
20 628
36 366
-
-
Income
196 500
196 500
196 500
196 500
Total tax
97 587
92 998
114 612
106 042
After tax
98 913
103 502
81 888
90 458
Living cost
40 201
40 201
40 201
40 201
Free-cash
58 712
63 301
41 687
50 257

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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