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
₽ 197500
per

Your estimated
City
free-cash

Dresden , Germany
₽69150
₽80267
₽69648
₽93399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
trade
-
-
-
23 751
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.

-
-
-
63 331
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.

-
-
-
6 862
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.

-
-
-
3 483
total
-
-
-
97 427
Employee

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

38 419
-
197 500
-
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.

6 862
-
6 862
-
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
-
3 483
-
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.

1 073
-
63 331
-
total
7 994
-
73 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 081
197 500
-
-
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.

1 311
1 630
-
-
income
23 861
29 626
-
-
trade
25 055
31 107
-
-
chamber of commerce
381
437
-
-
total
50 608
62 800
-
-
Dividends
108 472
134 701
-
-
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.

1 470
1 832
-
-
withholding
26 736
33 293
-
-
total
28 206
35 125
-
-
Income
197 500
197 500
197 500
197 500
Total tax
86 808
97 925
73 676
97 427
After tax
110 692
99 575
123 824
100 073
Living cost
30 425
30 425
30 425
30 425
Free-cash
80 267
69 150
93 399
69 648

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72561
₽71717
₽63815
₽64876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
21 788
pensions
-
-
-
23 700
national
-
-
-
35 395
social contributions
-
-
-
2 123
total
-
-
-
83 006
Employee
78 562
-
170 737
-
municipal
9 704
-
22 552
-
pensions
3 142
-
6 829
-
national
15 037
-
37 070
-
total
27 883
-
66 451
-
Employer
78 562
-
170 737
-
social contributions
845
-
1 835
-
pensions
6 285
-
13 659
-
total
7 130
-
15 494
-
Corporate
106 623
197 500
-
-
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%.

21 325
39 500
-
-
total
21 325
39 500
-
-
Dividends
85 299
158 000
-
-
withholding
18 766
34 760
-
-
total
18 766
34 760
-
-
Income
197 500
197 500
197 500
197 500
Total tax
75 104
74 260
81 945
83 006
After tax
122 396
123 240
115 555
114 494
Living cost
50 679
50 679
50 679
50 679
Free-cash
71 717
72 561
64 876
63 815

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137103
₽128863
₽49023
₽63476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
microenterprise
-
-
-
-
income
-
-
-
38 731
surtax
-
-
-
50 363
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.

-
-
-
38 486
total
-
-
-
127 580
Employee
29 351
-
151 946
-
social contributions

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

3 229
-
13 168
-
surtax
-
-
22 032
-
income
5 225
-
32 376
-
total
8 454
-
67 576
-
Employer
29 351
-
151 946
-
social contributions

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

7 070
-
28 838
-
surtax
-
-
16 713
-
total
7 070
-
45 551
-
Corporate
161 079
197 500
-
-
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%.

32 216
39 500
-
-
total
32 216
39 500
-
-
Dividends

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

128 863
158 000
-
-
total
-
-
-
-
Income
197 500
197 500
197 500
197 500
Total tax
47 740
39 500
113 127
127 580
After tax
149 760
158 000
84 373
69 920
Living cost
20 897
20 897
20 897
20 897
Free-cash
128 863
137 103
63 476
49 023

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56008
₽49853
₽65527
₽83546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
65 739
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
89 894
Employee
85 778
85 778
178 833
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
29 053
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
53 208
-
Employer
85 778
85 778
178 833
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
97 754
96 702
-
-
income
19 552
19 340
-
-
total
19 552
19 340
-
-
Dividends
78 202
77 362
-
-
income
16 618
16 439
-
-
withholding
11 731
11 605
-
-
total
28 349
28 044
-
-
Income
197 500
197 500
197 500
197 500
Total tax
105 568
99 413
71 875
89 894
After tax
91 932
98 087
125 625
107 606
Living cost
42 079
42 079
42 079
42 079
Free-cash
49 853
56 008
83 546
65 527

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68873
₽68000
₽60880
₽59934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
51 518
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
21 402
total
-
-
-
97 658
Employee
55 518
-
170 670
-
municipal
16 555
-
50 894
-
national
-
-
20 879
-
total
16 555
-
71 773
-
Employer
55 518
-
170 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
124 539
197 500
-
-
income
27 398
43 450
-
-
total
27 398
43 450
-
-
Dividends
97 140
154 050
-
-
withholding
29 142
46 215
-
-
total
29 142
46 215
-
-
Income
197 500
197 500
197 500
197 500
Total tax
90 538
89 665
98 604
97 658
After tax
106 962
107 835
98 896
99 842
Living cost
38 962
38 962
38 962
38 962
Free-cash
68 000
68 873
59 934
60 880

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59101
₽73217
₽59557
₽84364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
trade
-
-
-
24 807
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.

-
-
-
63 331
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.

-
-
-
6 862
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.

-
-
-
3 483
total
-
-
-
98 483
Employee

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

50 939
-
197 500
-
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.

6 862
-
6 862
-
surtax

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

240
-
3 483
-
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.

4 377
-
63 331
-
total
11 479
-
73 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
146 561
197 500
-
-
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.

1 209
1 630
-
-
income
21 984
29 626
-
-
trade
24 109
32 489
-
-
chamber of commerce
360
433
-
-
total
47 662
64 178
-
-
Dividends
98 899
133 323
-
-
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.

1 338
1 813
-
-
withholding
24 344
32 948
-
-
total
25 682
34 761
-
-
Income
197 500
197 500
197 500
197 500
Total tax
84 823
98 939
73 676
98 483
After tax
112 677
98 561
123 824
99 017
Living cost
39 460
39 460
39 460
39 460
Free-cash
73 217
59 101
84 364
59 557

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111432
₽107266
₽101382
₽99699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
42 250
health
-
-
-
5 036
social contributions
-
-
-
16 252
total
-
-
-
63 538
Employee
77 239
77 239
185 422
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 153
-
income
8 111
7 150
41 345
-
total
12 632
14 873
53 144
-
Employer
77 239
77 239
185 422
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 431
-
total
4 590
7 840
12 077
-
Corporate
147 698
112 421
-
-
income
18 461
14 052
-
-
total
18 461
14 052
-
-
Dividends
129 236
98 369
-
-
withholding
21 971
16 723
-
-
total
21 971
16 723
-
-
Income
197 500
197 500
197 500
197 500
Total tax
57 654
53 488
65 221
63 538
After tax
139 846
144 012
132 279
133 962
Living cost
32 580
32 580
32 580
32 580
Free-cash
107 266
111 432
99 699
101 382

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92675
₽93053
₽118592
₽96266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
24 144
pensions
-
-
-
19 750
unemployment
-
-
-
2 962
health
-
-
-
13 825
total
-
-
-
60 681
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.

26 310
10 471
165 272
-
health
1 842
733
11 569
-
income
3 216
1 280
20 204
-
pensions
2 631
1 047
16 527
-
unemployment
395
157
2 479
-
total
8 084
3 217
50 779
-
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.

26 310
10 471
165 272
-
pensions
5 131
2 042
32 228
-
total
5 131
2 042
32 228
-
Corporate
166 059
184 987
-
-
income
14 945
16 649
-
-
total
14 945
16 649
-
-
Dividends
151 114
168 338
-
-
social contributions
29 348
32 706
-
-
withholding
28 712
31 984
-
-
total
58 060
64 690
-
-
Income
197 500
197 500
197 500
197 500
Total tax
86 220
86 598
83 007
60 681
After tax
111 280
110 902
114 493
136 819
Living cost
18 227
18 227
18 227
18 227
Free-cash
93 053
92 675
96 266
118 592

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133738
₽127497
₽81599
₽89574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
26 465
pensions
-
-
-
39 500
health
-
-
-
25 674
total
-
-
-
91 639
Employee
28 495
-
147 606
-
income
3 208
-
28 459
-
pensions
570
-
2 953
-
unemployment
456
-
2 362
-
total
4 234
-
33 774
-
Employer
28 495
-
147 606
-
unemployment
229
-
1 180
-
pensions
5 699
-
29 521
-
health
3 704
-
19 189
-
total
9 632
-
49 890
-
Corporate
159 373
197 500
-
-
income
31 875
39 500
-
-
total
31 875
39 500
-
-
Dividends
127 498
158 000
-
-
total
-
-
-
-
Income
197 500
197 500
197 500
197 500
Total tax
45 741
39 500
83 664
91 639
After tax
151 759
158 000
113 836
105 861
Living cost
24 262
24 262
24 262
24 262
Free-cash
127 497
133 738
89 574
81 599

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6046
₽12616
₽112892
₽85971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
253
income
-
-
-
55 586
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
62 564
Employee
34 676
-
179 083
-
health
3 970
-
20 505
-
income
4 757
-
42 917
-
pensions
3 905
-
7 645
-
total
12 632
-
71 067
-
Employer
34 676
-
179 083
-
accident
579
-
2 991
-
unemployment
850
-
4 388
-
pensions
5 639
-
11 039
-
total
7 068
-
18 418
-
Corporate
155 757
197 500
-
-
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.

140 181
177 750
-
-
total
140 181
177 750
-
-
Dividends
15 576
19 750
-
-
withholding
2 959
3 752
-
-
total
2 959
3 752
-
-
Income
197 500
197 500
197 500
197 500
Total tax
162 840
181 502
89 485
62 564
After tax
34 660
15 998
108 015
134 936
Living cost
22 044
22 044
22 044
22 044
Free-cash
12 616
-6 046
85 971
112 892

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178525
₽176819
₽186425
₽148900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
197 500
microenterprise

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

-
-
-
1 975
total
-
-
-
1 975
Employee
11 374
-
197 500
-
income
2 275
-
39 500
-
total
2 275
-
39 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

186 126
197 500
-
-
total
-
-
-
-
Dividends
186 126
197 500
-
-
withholding
9 306
9 875
-
-
total
9 306
9 875
-
-
Income
197 500
197 500
197 500
197 500
Total tax
11 581
9 875
39 500
1 975
After tax
185 919
187 625
158 000
195 525
Living cost
9 100
9 100
9 100
9 100
Free-cash
176 819
178 525
148 900
186 425

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118338
₽111554
₽87633
₽85936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
32 466
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.

-
-
-
36 660
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
83 102
Employee
36 471
-
158 959
-
health
511
-
2 139
-
income
6 279
-
31 900
-
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.

2 552
-
10 692
-
unemployment
364
-
1 527
-
total
9 706
-
46 258
-
Employer
36 471
-
158 959
-
accident
292
-
1 271
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
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.

6 201
-
25 968
-
health
511
-
2 139
-
total
9 192
-
38 541
-
Corporate
151 837
197 500
-
-
income
31 886
41 475
-
-
total
31 886
41 475
-
-
Dividends
119 951
156 025
-
-
withholding
8 397
10 922
-
-
total
8 397
10 922
-
-
Income
197 500
197 500
197 500
197 500
Total tax
59 181
52 397
84 799
83 102
After tax
138 319
145 103
112 701
114 398
Living cost
26 765
26 765
26 765
26 765
Free-cash
111 554
118 338
85 936
87 633

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59947
₽67103
₽62314
₽44554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
58 652
pensions
-
-
-
9 441
total
-
-
-
68 093
Employee
94 927
-
172 335
-
health
1 564
-
2 417
-
income
17 112
-
46 812
-
pensions
9 158
-
11 460
-
total
27 834
-
60 689
-
Employer
94 927
-
172 335
-
pensions
11 208
-
21 890
-
health
1 803
-
3 274
-
total
13 011
-
25 164
-
Corporate
89 562
197 500
-
-
income

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

17 017
37 524
-
-
total
17 017
37 524
-
-
Dividends
72 546
159 976
-
-
withholding
5 442
32 936
-
-
total
5 442
32 936
-
-
Income
197 500
197 500
197 500
197 500
Total tax
63 304
70 460
85 853
68 093
After tax
134 196
127 040
111 647
129 407
Living cost
67 093
67 093
67 093
67 093
Free-cash
67 103
59 947
44 554
62 314

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽155694
₽151030
₽145341
₽153307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
29 625
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
38 991
Employee
17 436
-
190 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
19 062
-
pensions

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

1 531
-
3 080
-
total
4 268
-
24 142
-
Employer
17 436
-
190 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
176 643
197 500
-
-
income
17 664
19 750
-
-
total
17 664
19 750
-
-
Dividends
158 979
177 750
-
-
withholding
7 949
8 888
-
-
total
7 949
8 888
-
-
Income
197 500
197 500
197 500
197 500
Total tax
33 302
28 638
31 025
38 991
After tax
164 198
168 862
166 475
158 509
Living cost
13 168
13 168
13 168
13 168
Free-cash
151 030
155 694
153 307
145 341

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42388
₽44917
₽51907
₽69926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
65 739
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
89 894
Employee
93 127
85 778
178 833
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
29 053
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
53 208
-
Employer
93 127
85 778
178 833
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
88 067
96 702
-
-
income
17 613
19 340
-
-
total
17 613
19 340
-
-
Dividends
70 454
77 362
-
-
income
14 971
16 439
-
-
withholding
10 568
11 605
-
-
total
25 539
28 044
-
-
Income
197 500
197 500
197 500
197 500
Total tax
96 884
99 413
71 875
89 894
After tax
100 616
98 087
125 625
107 606
Living cost
55 699
55 699
55 699
55 699
Free-cash
44 917
42 388
69 926
51 907

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111959
₽103389
₽90561
₽82198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
20 441
health
-
-
-
26 662
solidarity contribution
-
-
-
1 253
social contributions
-
-
-
34 563
total
-
-
-
82 919
Employee
35 323
-
154 044
-
social contributions
2 296
-
7 694
-
health
4 769
-
20 796
-
solidarity contribution
-
-
503
-
income
4 239
-
18 833
-
total
11 304
-
47 826
-
Employer
35 323
-
154 044
-
social contributions
8 831
-
29 592
-
health
3 179
-
13 864
-
total
12 010
-
43 456
-
Corporate
150 167
197 500
-
-
income
28 532
37 525
-
-
total
28 532
37 525
-
-
Dividends
121 635
159 975
-
-
withholding
18 245
23 996
-
-
total
18 245
23 996
-
-
Income
197 500
197 500
197 500
197 500
Total tax
70 091
61 521
91 282
82 919
After tax
127 409
135 979
106 218
114 581
Living cost
24 020
24 020
24 020
24 020
Free-cash
103 389
111 959
82 198
90 561

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62987
₽57745
₽51013
₽42269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
1 178
regional
-
-
-
2 362
national
-
-
-
50 289
social contributions
-
-
-
50 273
total
-
-
-
104 102
Employee
89 271
-
197 500
-
social contributions
30 102
-
65 910
-
regional
842
-
2 092
-
municipal
473
-
1 052
-
national
15 469
-
43 792
-
total
46 886
-
112 846
-
Employer
89 271
-
197 500
-
total
-
-
-
-
Corporate
108 229
197 500
-
-
nationa
25 975
47 401
-
-
municipal
4 220
7 703
-
-
total
30 195
55 104
-
-
Dividends
78 033
142 396
-
-
withholding
20 289
37 024
-
-
total
20 289
37 024
-
-
Income
197 500
197 500
197 500
197 500
Total tax
97 370
92 128
112 846
104 102
After tax
100 130
105 372
84 654
93 398
Living cost
42 385
42 385
42 385
42 385
Free-cash
57 745
62 987
42 269
51 013

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102062
₽98937
₽71023
₽64883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
58 317
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
9 436
total
-
-
-
104 312
Employee
33 217
-
169 281
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
8 233
-
income
5 568
-
52 309
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 331
-
total
11 052
-
82 233
-
Employer
33 217
-
169 281
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
157 291
197 500
-
-
income
40 895
51 350
-
-
total
40 895
51 350
-
-
Dividends
116 396
146 150
-
-
withholding
17 459
21 923
-
-
total
17 459
21 923
-
-
Income
197 500
197 500
197 500
197 500
Total tax
76 398
73 273
110 452
104 312
After tax
121 102
124 227
87 048
93 188
Living cost
22 165
22 165
22 165
22 165
Free-cash
98 937
102 062
64 883
71 023

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81204
₽87830
₽83571
₽65811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
58 652
pensions
-
-
-
9 441
total
-
-
-
68 093
Employee
63 617
-
172 335
-
health
924
-
2 417
-
income
11 458
-
46 812
-
pensions
5 400
-
11 460
-
total
17 782
-
60 689
-
Employer
63 617
-
172 335
-
pensions
6 887
-
21 890
-
health
1 209
-
3 274
-
total
8 096
-
25 164
-
Corporate
125 787
197 500
-
-
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.

23 899
37 524
-
-
total
23 899
37 524
-
-
Dividends
101 889
159 976
-
-
withholding
14 057
32 936
-
-
total
14 057
32 936
-
-
Income
197 500
197 500
197 500
197 500
Total tax
63 834
70 460
85 853
68 093
After tax
133 666
127 040
111 647
129 407
Living cost
45 836
45 836
45 836
45 836
Free-cash
87 830
81 204
65 811
83 571

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13917
₽46605
₽81788
₽73497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
city
-
-
-
2 082
pensions
-
-
-
18 169
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.

-
-
-
3 950
regional
-
-
-
10 438
health
-
-
-
443
national
-
-
-
4 236
total
-
-
-
39 318
Employee
89 401
-
177 124
-
city
959
-
1 907
-
regional
2 927
-
9 120
-
health
202
-
398
-
pensions
7 511
-
14 488
-
unemployment
-
-
-
-
national
423
-
3 268
-
total
12 022
-
29 181
-
Employer
89 401
-
177 124
-
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.

1 787
-
3 542
-
unemployment
-
-
-
-
pensions
7 511
-
14 488
-
health
202
-
398
-
total
9 500
-
18 428
-
Corporate
97 616
197 500
-
-
regional
20 645
41 771
-
-
national
8 298
16 788
-
-
total
28 943
58 559
-
-
Dividends
68 673
138 942
-
-
withholding
24 036
48 630
-
-
total
24 036
48 630
-
-
Income
197 500
197 500
197 500
197 500
Total tax
74 501
107 189
47 609
39 318
After tax
122 999
90 311
149 891
158 182
Living cost
76 394
76 394
76 394
76 394
Free-cash
46 605
13 917
73 497
81 788

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51530
₽67821
₽51948
₽77809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
trade
-
-
-
25 861
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.

-
-
-
63 331
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.

-
-
-
6 862
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.

-
-
-
3 483
total
-
-
-
99 537
Employee

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

60 367
-
197 500
-
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.

6 862
-
6 862
-
surtax

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

391
-
3 483
-
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.

7 099
-
63 331
-
total
14 352
-
73 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 133
197 500
-
-
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.

1 132
1 630
-
-
income
20 570
29 626
-
-
trade
23 518
33 871
-
-
chamber of commerce
345
431
-
-
total
45 565
65 558
-
-
Dividends
91 568
131 943
-
-
surtax

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

1 237
1 794
-
-
withholding
22 510
32 603
-
-
total
23 747
34 397
-
-
Income
197 500
197 500
197 500
197 500
Total tax
83 664
99 955
73 676
99 537
After tax
113 836
97 545
123 824
97 963
Living cost
46 015
46 015
46 015
46 015
Free-cash
67 821
51 530
77 809
51 948

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65174
₽71107
₽76175
₽71837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
32 959
pensions
-
-
-
33 257
other
-
-
-
6 123
health
-
-
-
8 993
surtax
-
-
-
-
social contributions
-
-
-
5 627
total
-
-
-
86 959
Employee
42 990
-
151 893
-
social contributions
1 226
-
4 327
-
surtax
-
-
-
-
income
2 537
-
30 401
-
pensions
4 861
-
10 961
-
total
8 624
-
45 689
-
Employer
42 990
-
151 893
-
other
1 483
-
6 095
-
social contributions
130
-
456
-
unemployment
1 740
-
6 151
-
pensions
7 062
-
18 380
-
health
3 010
-
14 526
-
total
13 425
-
45 608
-
Corporate
141 085
197 500
-
-
surtax
-
-
-
-
income
39 504
55 300
-
-
total
39 504
55 300
-
-
Dividends
101 581
142 200
-
-
surtax
-
-
-
-
social contributions
17 472
24 458
-
-
withholding
13 002
18 202
-
-
total
30 474
42 660
-
-
Income
197 500
197 500
197 500
197 500
Total tax
92 027
97 960
91 297
86 959
After tax
105 473
99 540
106 203
110 541
Living cost
34 366
34 366
34 366
34 366
Free-cash
71 107
65 174
71 837
76 175

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68579
₽74159
₽79580
₽75242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
32 959
pensions
-
-
-
33 257
other
-
-
-
6 123
health
-
-
-
8 993
surtax
-
-
-
-
social contributions
-
-
-
5 627
total
-
-
-
86 959
Employee
38 374
-
151 893
-
social contributions
1 094
-
4 327
-
surtax
-
-
-
-
income
1 979
-
30 401
-
pensions
4 340
-
10 961
-
total
7 413
-
45 689
-
Employer
38 374
-
151 893
-
other
1 325
-
6 095
-
social contributions
114
-
456
-
unemployment
1 554
-
6 151
-
pensions
6 306
-
18 380
-
health
2 686
-
14 526
-
total
11 985
-
45 608
-
Corporate
147 141
197 500
-
-
surtax
-
-
-
-
income
41 200
55 300
-
-
total
41 200
55 300
-
-
Dividends
105 941
142 200
-
-
surtax
-
-
-
-
social contributions
18 221
24 458
-
-
withholding
13 561
18 202
-
-
total
31 782
42 660
-
-
Income
197 500
197 500
197 500
197 500
Total tax
92 380
97 960
91 297
86 959
After tax
105 120
99 540
106 203
110 541
Living cost
30 961
30 961
30 961
30 961
Free-cash
74 159
68 579
75 242
79 580

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99194
₽99713
₽105535
₽100859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
29 626
health
-
-
-
13 785
social contributions
-
-
-
27 254
total
-
-
-
70 665
Employee
34 058
-
197 500
-
social contributions
4 701
-
27 254
-
health
2 377
-
13 785
-
income
5 680
-
34 302
-
total
12 758
-
75 341
-
Employer
34 058
-
197 500
-
total
-
-
-
-
Corporate
163 442
197 500
-
-
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%.

8 172
9 876
-
-
total
8 172
9 876
-
-
Dividends
155 271
187 624
-
-
health
10 838
13 095
-
-
social contributions
21 427
25 892
-
-
withholding
23 292
28 143
-
-
total
55 557
67 130
-
-
Income
197 500
197 500
197 500
197 500
Total tax
76 487
77 006
75 341
70 665
After tax
121 013
120 494
122 159
126 835
Living cost
21 300
21 300
21 300
21 300
Free-cash
99 713
99 194
100 859
105 535

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73687
₽72132
₽66030
₽16685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
chamber of commerce
-
-
-
789
income
-
-
-
58 243
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
96 076
Employee
50 199
40 030
160 387
-
other
501
400
1 174
-
health
1 942
1 550
4 541
-
income
5 715
2 953
47 914
-
pensions
5 141
4 098
12 017
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
69 167
-
Employer
50 199
40 030
160 387
-
accident
652
520
1 525
-
other
2 385
1 900
7 251
-
chamber of commerce
200
160
642
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 025
14 727
-
payroll
1 506
1 201
4 811
-
health
1 897
1 514
4 436
-
total
14 644
11 719
37 111
-
Corporate
132 658
145 751
156 576
-
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.

33 164
36 438
39 143
-
total
33 164
36 438
39 143
-
Dividends
99 494
109 313
-
-
withholding
27 361
30 060
-
-
total
27 361
30 060
-
-
Income
197 500
197 500
197 500
197 500
Total tax
89 974
88 419
145 421
96 076
After tax
107 526
109 081
52 079
101 424
Living cost
35 394
35 394
35 394
35 394
Free-cash
72 132
73 687
16 685
66 030

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73347
₽58722
₽49134
₽31764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
national
-
-
-
76 352
communal

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

-
-
-
10 347
social contributions
-
-
-
25 043
total
-
-
-
111 742
Employee

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

71 850
-
152 968
-
communal

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

3 748
-
7 979
-
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.

3 376
-
7 190
-
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.

5 389
-
11 473
-
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.

625
-
1 331
-
national
22 090
-
56 611
-
total
35 228
-
84 584
-
Employer

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

71 850
-
152 968
-
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.

934
-
1 988
-
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.

1 048
-
2 234
-
surtax
8 147
-
17 346
-
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.

6 367
-
13 553
-
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.

4 419
-
9 407
-
total
20 915
-
44 528
-
Corporate
104 735
197 500
-
-
surtax
419
802
-
-
income
20 947
40 119
-
-
total
21 366
40 921
-
-
Dividends
83 369
156 578
-
-
withholding

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

24 645
46 608
-
-
total
24 645
46 608
-
-
Income
197 500
197 500
197 500
197 500
Total tax
102 154
87 529
129 112
111 742
After tax
95 346
109 971
68 388
85 758
Living cost
36 624
36 624
36 624
36 624
Free-cash
58 722
73 347
31 764
49 134

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95121
₽88241
₽74330
₽70117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
839
income
-
-
-
58 963
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
86 894
Employee
50 000
-
167 819
-
other
50
-
93
-
income
10 550
-
55 514
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
61 427
-
Employer
50 000
-
167 819
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
131 562
197 500
-
-
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.

19 735
29 626
-
-
total
19 735
29 626
-
-
Dividends
111 828
167 874
-
-
withholding
23 585
36 477
-
-
total
23 585
36 477
-
-
Income
197 500
197 500
197 500
197 500
Total tax
72 983
66 103
91 107
86 894
After tax
124 517
131 397
106 393
110 606
Living cost
36 276
36 276
36 276
36 276
Free-cash
88 241
95 121
70 117
74 330

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59411
₽45939
₽40754
₽48631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
1 666
income
-
-
-
34 739
pensions
-
-
-
29 603
health
-
-
-
13 877
surtax
-
-
-
9 792
communal
-
-
-
12 482
total
-
-
-
102 159
Employee
76 068
-
176 420
-
health
3 385
-
7 850
-
surtax
4 662
-
10 812
-
income
7 347
-
40 427
-
pensions
6 085
-
14 113
-
total
21 479
-
73 202
-
Employer
76 068
-
176 420
-
accident
684
-
1 588
-
pensions
6 085
-
14 113
-
health
2 320
-
5 379
-
total
9 089
-
21 080
-
Corporate
112 344
197 500
-
-
surtax
1 180
2 074
-
-
communal
7 583
13 332
-
-
income
16 852
29 626
-
-
total
25 615
45 032
-
-
Dividends
86 728
152 469
-
-
income
27 781
15 600
-
-
withholding
13 010
22 870
-
-
total
40 791
38 470
-
-
Income
197 500
197 500
197 500
197 500
Total tax
96 974
83 502
94 282
102 159
After tax
100 526
113 998
103 218
95 341
Living cost
54 587
54 587
54 587
54 587
Free-cash
45 939
59 411
48 631
40 754

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101665
₽98472
₽70626
₽64486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
58 317
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
9 436
total
-
-
-
104 312
Employee
33 827
-
169 281
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
8 233
-
income
5 671
-
52 309
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 331
-
total
11 265
-
82 233
-
Employer
33 827
-
169 281
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
156 552
197 500
-
-
income
40 703
51 350
-
-
total
40 703
51 350
-
-
Dividends
115 849
146 150
-
-
withholding
17 377
21 923
-
-
total
17 377
21 923
-
-
Income
197 500
197 500
197 500
197 500
Total tax
76 466
73 273
110 452
104 312
After tax
121 034
124 227
87 048
93 188
Living cost
22 562
22 562
22 562
22 562
Free-cash
98 472
101 665
64 486
70 626

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76751
₽74524
₽65714
₽57016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
1 178
regional
-
-
-
2 988
national
-
-
-
50 289
social contributions
-
-
-
50 273
total
-
-
-
104 728
Employee
55 719
-
197 500
-
social contributions
18 789
-
65 910
-
regional
750
-
2 672
-
municipal
295
-
1 052
-
national
8 827
-
43 792
-
total
28 661
-
113 426
-
Employer
55 719
-
197 500
-
total
-
-
-
-
Corporate
141 781
197 500
-
-
nationa
34 027
47 401
-
-
municipal
7 047
9 815
-
-
total
41 074
57 216
-
-
Dividends
100 706
140 284
-
-
withholding
26 183
36 475
-
-
total
26 183
36 475
-
-
Income
197 500
197 500
197 500
197 500
Total tax
95 918
93 691
113 426
104 728
After tax
101 582
103 809
84 074
92 772
Living cost
27 058
27 058
27 058
27 058
Free-cash
74 524
76 751
57 016
65 714

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106380
₽95821
₽84982
₽76619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
20 441
health
-
-
-
26 662
solidarity contribution
-
-
-
1 253
social contributions
-
-
-
34 563
total
-
-
-
82 919
Employee
43 527
-
154 044
-
social contributions
2 829
-
7 694
-
health
5 876
-
20 796
-
solidarity contribution
-
-
503
-
income
5 223
-
18 833
-
total
13 928
-
47 826
-
Employer
43 527
-
154 044
-
social contributions
10 882
-
29 592
-
health
3 917
-
13 864
-
total
14 799
-
43 456
-
Corporate
139 173
197 500
-
-
income
26 443
37 525
-
-
total
26 443
37 525
-
-
Dividends
112 730
159 975
-
-
withholding
16 910
23 996
-
-
total
16 910
23 996
-
-
Income
197 500
197 500
197 500
197 500
Total tax
72 080
61 521
91 282
82 919
After tax
125 420
135 979
106 218
114 581
Living cost
29 599
29 599
29 599
29 599
Free-cash
95 821
106 380
76 619
84 982

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77141
₽76648
₽69576
₽20080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
chamber of commerce
-
-
-
789
income
-
-
-
58 243
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
95 878
Employee
43 908
40 030
160 574
-
other
438
400
1 174
-
health
1 698
1 550
4 541
-
income
3 911
2 953
48 003
-
pensions
4 497
4 098
12 017
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
69 256
-
Employer
43 908
40 030
160 574
-
accident
570
520
1 525
-
other
2 085
1 900
7 259
-
chamber of commerce
175
160
642
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 025
14 727
-
payroll
1 317
1 201
4 817
-
health
1 660
1 514
4 436
-
total
12 635
11 521
36 927
-
Corporate
140 956
145 949
156 761
-
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.

35 239
36 488
39 191
-
total
35 239
36 488
39 191
-
Dividends
105 716
109 462
-
-
withholding
29 071
30 102
-
-
total
29 071
30 102
-
-
Income
197 500
197 500
197 500
197 500
Total tax
88 806
88 313
145 374
95 878
After tax
108 694
109 187
52 126
101 622
Living cost
32 046
32 046
32 046
32 046
Free-cash
76 648
77 141
20 080
69 576

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173445
₽170786
₽181345
₽143820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
197 500
microenterprise

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

-
-
-
1 975
total
-
-
-
1 975
Employee
17 726
-
197 500
-
income
3 545
-
39 500
-
total
3 545
-
39 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

179 774
197 500
-
-
total
-
-
-
-
Dividends
179 774
197 500
-
-
withholding
8 989
9 875
-
-
total
8 989
9 875
-
-
Income
197 500
197 500
197 500
197 500
Total tax
12 534
9 875
39 500
1 975
After tax
184 966
187 625
158 000
195 525
Living cost
14 180
14 180
14 180
14 180
Free-cash
170 786
173 445
143 820
181 345

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109036
₽100634
₽67756
₽63240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
income
-
-
-
47 005
pensions
-
-
-
36 069
unemployment
-
-
-
295
health
-
-
-
19 433
total
-
-
-
102 802
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.

44 418
-
170 892
-
health
2 869
-
11 041
-
income
7 660
-
42 940
-
pensions
6 885
-
26 488
-
unemployment
63
-
240
-
total
17 477
-
80 709
-
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.

44 418
-
170 892
-
unemployment
27
-
103
-
pensions
3 931
-
15 124
-
health
2 958
-
11 382
-
total
6 916
-
26 609
-
Corporate
146 166
197 500
-
-
income
27 771
37 525
-
-
total
27 771
37 525
-
-
Dividends
118 395
159 975
-
-
withholding
17 760
23 997
-
-
total
17 760
23 997
-
-
Income
197 500
197 500
197 500
197 500
Total tax
69 924
61 522
107 318
102 802
After tax
127 576
135 978
90 182
94 698
Living cost
26 942
26 942
26 942
26 942
Free-cash
100 634
109 036
63 240
67 756

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76597
₽28574
₽92926
₽140656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
38 497
social contributions
-
-
-
22 515
total
-
-
-
61 012
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
46 966
197 500
-
-
income
10 333
43 450
-
-
total
10 333
43 450
-
-
Dividends
36 633
154 050
-
-
income
8 059
33 891
-
-
total
8 059
33 891
-
-
Income
197 500
197 500
197 500
197 500
Total tax
125 364
77 341
13 282
61 012
After tax
72 136
120 159
184 218
136 488
Living cost
43 562
43 562
43 562
43 562
Free-cash
28 574
76 597
140 656
92 926

Estimated living cost  is ₽43562 per week

₽28265
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80830
₽79821
₽72944
₽57969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
income
-
-
-
24 417
surtax
-
-
-
-
social contributions

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

-
-
-
68 632
total
-
-
-
93 049
Employee
46 198
-
159 596
-
social contributions
5 082
-
17 556
-
surtax
-
-
-
-
income
9 609
-
52 564
-
total
14 691
-
70 120
-
Employer
46 198
-
159 596
-
social contributions
10 972
-
37 904
-
total
10 972
-
37 904
-
Corporate
140 330
197 500
-
-
surtax
-
-
-
-
income
29 469
41 475
-
-
total
29 469
41 475
-
-
Dividends
110 861
156 025
-
-
withholding
31 040
43 688
-
-
total
31 040
43 688
-
-
Income
197 500
197 500
197 500
197 500
Total tax
86 172
85 163
108 024
93 049
After tax
111 328
112 337
89 476
104 451
Living cost
31 507
31 507
31 507
31 507
Free-cash
79 821
80 830
57 969
72 944

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51025
₽57929
₽62026
₽57688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
32 959
pensions
-
-
-
33 257
other
-
-
-
6 123
health
-
-
-
8 993
surtax
-
-
-
-
social contributions
-
-
-
5 627
total
-
-
-
86 959
Employee
62 912
-
151 893
-
social contributions
1 792
-
4 327
-
surtax
-
-
-
-
income
5 489
-
30 401
-
pensions
7 116
-
10 961
-
total
14 397
-
45 689
-
Employer
62 912
-
151 893
-
other
2 171
-
6 095
-
social contributions
189
-
456
-
unemployment
2 549
-
6 151
-
pensions
10 337
-
18 380
-
health
4 403
-
14 526
-
total
19 649
-
45 608
-
Corporate
114 939
197 500
-
-
surtax
-
-
-
-
income
32 184
55 300
-
-
total
32 184
55 300
-
-
Dividends
82 755
142 200
-
-
surtax
-
-
-
-
social contributions
14 233
24 458
-
-
withholding
10 593
18 202
-
-
total
24 826
42 660
-
-
Income
197 500
197 500
197 500
197 500
Total tax
91 056
97 960
91 297
86 959
After tax
106 444
99 540
106 203
110 541
Living cost
48 515
48 515
48 515
48 515
Free-cash
57 929
51 025
57 688
62 026

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147556
₽144182
₽114551
₽119799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
9 306
social contributions
-
-
-
43 449
total
-
-
-
52 755
Employee
32 293
-
170 997
-
income
-
-
9 889
-
social contributions
2 099
-
11 115
-
total
2 099
-
21 004
-
Employer
32 293
-
170 997
-
social contributions
5 006
-
26 503
-
total
5 006
-
26 503
-
Corporate
160 202
197 500
-
-
income
16 019
19 750
-
-
total
16 019
19 750
-
-
Dividends
144 182
177 750
-
-
total
-
-
-
-
Income
197 500
197 500
197 500
197 500
Total tax
23 124
19 750
47 507
52 755
After tax
174 376
177 750
149 993
144 745
Living cost
30 194
30 194
30 194
30 194
Free-cash
144 182
147 556
119 799
114 551

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21345
-₽21345
₽66919
-₽21345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
41 751
pensions
-
-
-
871
national
-
-
-
23 855
labour market
-
-
-
15 730
total
-
-
-
82 207
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
197 500
197 500
197 500
197 500
Total tax
170 471
170 471
170 471
82 207
After tax
27 029
27 029
27 029
115 293
Living cost
48 374
48 374
48 374
48 374
Free-cash
-21 345
-21 345
-21 345
66 919

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5721
₽12667
₽113217
₽86296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
253
income
-
-
-
55 586
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
62 564
Employee
34 165
-
179 083
-
health
3 912
-
20 505
-
income
4 687
-
42 917
-
pensions
3 847
-
7 645
-
total
12 446
-
71 067
-
Employer
34 165
-
179 083
-
accident
570
-
2 991
-
unemployment
837
-
4 388
-
pensions
5 555
-
11 039
-
total
6 962
-
18 418
-
Corporate
156 372
197 500
-
-
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.

140 735
177 750
-
-
total
140 735
177 750
-
-
Dividends
15 637
19 750
-
-
withholding
2 971
3 752
-
-
total
2 971
3 752
-
-
Income
197 500
197 500
197 500
197 500
Total tax
163 114
181 502
89 485
62 564
After tax
34 386
15 998
108 015
134 936
Living cost
21 719
21 719
21 719
21 719
Free-cash
12 667
-5 721
86 296
113 217

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83915
₽86934
₽85834
₽63211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
197 500
municipal
-
-
-
35 077
health
-
-
-
2 623
national
-
-
-
35 402
total
-
-
-
73 102
Employee
52 847
-
166 147
-
health
395
-
2 139
-
municipal
8 656
-
27 054
-
pensions
3 566
-
11 214
-
unemployment
793
-
2 491
-
national
873
-
21 474
-
total
14 283
-
64 372
-
Employer
52 847
-
166 147
-
accident
53
-
166
-
unemployment
343
-
1 081
-
pensions
9 169
-
28 827
-
health
406
-
1 279
-
total
9 971
-
31 353
-
Corporate
134 682
197 500
-
-
income
26 936
39 500
-
-
total
26 936
39 500
-
-
Dividends

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

80 809
118 500
-
-
national
6 266
14 191
-
-
municipal
14 546
21 330
-
-
total
20 812
35 521
-
-
Income
197 500
197 500
197 500
197 500
Total tax
72 002
75 021
95 725
73 102
After tax
125 498
122 479
101 775
124 398
Living cost
38 564
38 564
38 564
38 564
Free-cash
86 934
83 915
63 211
85 834

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽120756
₽115288
₽110706
₽109023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
42 250
health
-
-
-
5 036
social contributions
-
-
-
16 252
total
-
-
-
63 538
Employee
77 239
77 239
185 422
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 153
-
income
8 410
7 150
41 345
-
total
11 929
14 873
53 144
-
Employer
77 239
77 239
185 422
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 431
-
total
3 570
7 840
12 077
-
Corporate
158 745
112 421
-
-
income
19 843
14 052
-
-
total
19 843
14 052
-
-
Dividends
138 901
98 369
-
-
withholding
23 614
16 723
-
-
total
23 614
16 723
-
-
Income
197 500
197 500
197 500
197 500
Total tax
58 956
53 488
65 221
63 538
After tax
138 544
144 012
132 279
133 962
Living cost
23 256
23 256
23 256
23 256
Free-cash
115 288
120 756
109 023
110 706

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147601
₽142493
₽151234
₽131088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
197 500
income
-
-
-
20 265
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
30 318
Employee

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

23 056
-
187 683
-
health
1 960
-
8 101
-
income
1 576
-
17 773
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
40 647
-
Employer

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

23 056
-
187 683
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
172 071
197 500
-
-
income
15 486
17 775
-
-
total
15 486
17 775
-
-
Dividends
156 585
179 725
-
-
withholding
14 092
16 176
-
-
total
14 092
16 176
-
-
Income
197 500
197 500
197 500
197 500
Total tax
39 059
33 951
50 464
30 318
After tax
158 441
163 549
147 036
167 182
Living cost
15 948
15 948
15 948
15 948
Free-cash
142 493
147 601
131 088
151 234

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103775
₽99341
₽82984
₽78771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
839
income
-
-
-
58 963
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
86 894
Employee
37 141
-
167 819
-
other
36
-
93
-
income
7 161
-
55 514
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
61 427
-
Employer
37 141
-
167 819
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
148 518
197 500
-
-
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.

22 277
29 626
-
-
total
22 277
29 626
-
-
Dividends
126 240
167 874
-
-
withholding
26 900
36 477
-
-
total
26 900
36 477
-
-
Income
197 500
197 500
197 500
197 500
Total tax
70 537
66 103
91 107
86 894
After tax
126 963
131 397
106 393
110 606
Living cost
27 622
27 622
27 622
27 622
Free-cash
99 341
103 775
78 771
82 984

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120490
₽120039
₽124010
₽123814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
67 279
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
70 740
Employee
4 189
-
195 243
-
health
209
-
502
-
income
810
-
67 174
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
68 679
-
Employer
4 189
-
195 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
192 368
197 500
-
-
income
42 321
43 450
-
-
total
42 321
43 450
-
-
Dividends
150 047
154 050
-
-
withholding
30 009
30 810
-
-
total
30 009
30 810
-
-
Income
197 500
197 500
197 500
197 500
Total tax
74 711
74 260
70 936
70 740
After tax
122 789
123 240
126 564
126 760
Living cost
2 750
2 750
2 750
2 750
Free-cash
120 039
120 490
123 814
124 010

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125324
₽120383
₽106894
₽106891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
income
-
-
-
45 179
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
73 236
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.

26 193
-
184 213
-
health
1 349
-
3 823
-
income
3 610
-
45 180
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
59 952
-
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.

26 193
-
184 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
166 619
197 500
-
-
income
24 993
29 625
-
-
total
24 993
29 625
-
-
Dividends
141 626
167 875
-
-
withholding
21 244
25 181
-
-
total
21 244
25 181
-
-
Income
197 500
197 500
197 500
197 500
Total tax
59 747
54 806
73 239
73 236
After tax
137 753
142 694
124 261
124 264
Living cost
17 370
17 370
17 370
17 370
Free-cash
120 383
125 324
106 891
106 894

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85257
₽84897
₽77371
₽62396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
income
-
-
-
24 417
surtax
-
-
-
-
social contributions

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

-
-
-
68 632
total
-
-
-
93 049
Employee
38 986
-
159 596
-
social contributions
4 289
-
17 556
-
surtax
-
-
-
-
income
7 618
-
52 564
-
total
11 907
-
70 120
-
Employer
38 986
-
159 596
-
social contributions
9 258
-
37 904
-
total
9 258
-
37 904
-
Corporate
149 256
197 500
-
-
surtax
-
-
-
-
income
31 343
41 475
-
-
total
31 343
41 475
-
-
Dividends
117 913
156 025
-
-
withholding
33 015
43 688
-
-
total
33 015
43 688
-
-
Income
197 500
197 500
197 500
197 500
Total tax
85 523
85 163
108 024
93 049
After tax
111 977
112 337
89 476
104 451
Living cost
27 080
27 080
27 080
27 080
Free-cash
84 897
85 257
62 396
77 371

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96095
₽89524
₽75304
₽71091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
839
income
-
-
-
58 963
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
86 894
Employee
48 511
-
167 819
-
other
48
-
93
-
income
10 132
-
55 514
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
61 427
-
Employer
48 511
-
167 819
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
133 522
197 500
-
-
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.

20 028
29 626
-
-
total
20 028
29 626
-
-
Dividends
113 494
167 874
-
-
withholding
23 968
36 477
-
-
total
23 968
36 477
-
-
Income
197 500
197 500
197 500
197 500
Total tax
72 674
66 103
91 107
86 894
After tax
124 826
131 397
106 393
110 606
Living cost
35 302
35 302
35 302
35 302
Free-cash
89 524
96 095
71 091
75 304

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151586
₽145467
₽141233
₽149199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
29 625
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
38 991
Employee
22 876
-
190 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
19 062
-
pensions

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

2 008
-
3 080
-
total
5 599
-
24 142
-
Employer
22 876
-
190 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
170 135
197 500
-
-
income
17 014
19 750
-
-
total
17 014
19 750
-
-
Dividends
153 121
177 750
-
-
withholding
7 656
8 888
-
-
total
7 656
8 888
-
-
Income
197 500
197 500
197 500
197 500
Total tax
34 757
28 638
31 025
38 991
After tax
162 743
168 862
166 475
158 509
Living cost
17 276
17 276
17 276
17 276
Free-cash
145 467
151 586
149 199
141 233

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62828
₽75970
₽63405
₽85044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
trade
-
-
-
21 639
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.

-
-
-
63 331
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.

-
-
-
6 862
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.

-
-
-
3 483
total
-
-
-
95 315
Employee

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

49 979
-
197 500
-
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.

6 862
-
6 862
-
surtax

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

227
-
3 483
-
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.

4 110
-
63 331
-
total
11 199
-
73 676
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 521
197 500
-
-
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.

1 216
1 630
-
-
income
22 129
29 626
-
-
trade
21 170
28 341
-
-
chamber of commerce
368
442
-
-
total
44 883
60 039
-
-
Dividends
102 639
137 461
-
-
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.

1 390
1 870
-
-
withholding
25 278
33 983
-
-
total
26 668
35 853
-
-
Income
197 500
197 500
197 500
197 500
Total tax
82 750
95 892
73 676
95 315
After tax
114 750
101 608
123 824
102 185
Living cost
38 780
38 780
38 780
38 780
Free-cash
75 970
62 828
85 044
63 405

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81031
₽83249
₽44458
₽44458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
62 397
social contributions
-
-
-
33 426
total
-
-
-
95 823
Employee
78 572
-
197 500
-
income
14 826
-
62 397
-
social contributions
6 528
-
33 426
-
total
21 354
-
95 823
-
Employer
78 572
-
197 500
-
total
-
-
-
-
Corporate
118 928
197 500
-
-
income
14 866
24 687
-
-
total
14 866
24 687
-
-
Dividends
104 062
172 813
-
-
withholding
20 812
34 563
-
-
total
20 812
34 563
-
-
Income
197 500
197 500
197 500
197 500
Total tax
57 032
59 250
95 823
95 823
After tax
140 468
138 250
101 677
101 677
Living cost
57 219
57 219
57 219
57 219
Free-cash
83 249
81 031
44 458
44 458

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86605
₽90115
₽124680
₽102707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
income
-
-
-
29 626
health

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

-
-
-
6 731
total
-
-
-
36 357
Employee
46 079
-
192 879
-
income
5 000
-
49 088
-
social contributions
4 617
-
4 621
-
total
9 617
-
53 709
-
Employer
46 079
-
192 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
146 804
197 500
-
-
income
51 381
69 125
-
-
total
51 381
69 125
-
-
Dividends
95 423
128 375
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
197 500
197 500
197 500
197 500
Total tax
70 922
74 432
58 330
36 357
After tax
126 578
123 068
139 170
161 143
Living cost
36 463
36 463
36 463
36 463
Free-cash
90 115
86 605
102 707
124 680

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89777
₽95715
₽92144
₽74384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
income
-
-
-
58 652
pensions
-
-
-
9 441
total
-
-
-
68 093
Employee
51 149
-
172 335
-
health
667
-
2 417
-
income
9 315
-
46 812
-
pensions
3 904
-
11 460
-
total
13 886
-
60 689
-
Employer
51 149
-
172 335
-
pensions
5 168
-
21 890
-
health
972
-
3 274
-
total
6 140
-
25 164
-
Corporate
140 211
197 500
-
-
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.

26 641
37 524
-
-
total
26 641
37 524
-
-
Dividends
113 570
159 976
-
-
withholding
17 855
32 936
-
-
total
17 855
32 936
-
-
Income
197 500
197 500
197 500
197 500
Total tax
64 522
70 460
85 853
68 093
After tax
132 978
127 040
111 647
129 407
Living cost
37 263
37 263
37 263
37 263
Free-cash
95 715
89 777
74 384
92 144

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7871
₽12335
₽111067
₽84146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
accident
-
-
-
253
income
-
-
-
55 586
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
62 564
Employee
37 547
-
179 083
-
health
4 299
-
20 505
-
income
5 151
-
42 917
-
pensions
4 228
-
7 645
-
total
13 678
-
71 067
-
Employer
37 547
-
179 083
-
accident
627
-
2 991
-
unemployment
920
-
4 388
-
pensions
6 105
-
11 039
-
total
7 652
-
18 418
-
Corporate
152 302
197 500
-
-
income

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

137 072
177 750
-
-
total
137 072
177 750
-
-
Dividends
15 230
19 750
-
-
withholding
2 894
3 752
-
-
total
2 894
3 752
-
-
Income
197 500
197 500
197 500
197 500
Total tax
161 296
181 502
89 485
62 564
After tax
36 204
15 998
108 015
134 936
Living cost
23 869
23 869
23 869
23 869
Free-cash
12 335
-7 871
84 146
111 067

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137522
₽147931
₽106890
₽128974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
197 500
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
32 874
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
77 044
Employee

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

21 706
-
197 500
-
work injury
109
-
402
-
income
2 171
-
32 874
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
54 960
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 794
197 500
-
-
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%.

1 758
19 750
-
-
total
1 758
19 750
-
-
Dividends
174 036
177 750
-
-
withholding
26 105
26 662
-
-
total
26 105
26 662
-
-
Income
197 500
197 500
197 500
197 500
Total tax
36 003
46 412
54 960
77 044
After tax
161 497
151 088
142 540
120 456
Living cost
13 566
13 566
13 566
13 566
Free-cash
147 931
137 522
128 974
106 890

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽64013
₽59445
₽51031
₽42541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
197 500
municipal
-
-
-
1 325
regional
-
-
-
4 566
national
-
-
-
50 289
social contributions
-
-
-
50 273
total
-
-
-
106 453
Employee
84 643
-
197 500
-
social contributions
28 541
-
65 910
-
regional
1 278
-
4 057
-
municipal
505
-
1 184
-
national
14 304
-
43 792
-
total
44 628
-
114 943
-
Employer
84 643
-
197 500
-
total
-
-
-
-
Corporate
112 857
197 500
-
-
nationa
27 085
47 401
-
-
municipal
5 440
9 519
-
-
total
32 525
56 920
-
-
Dividends
80 332
140 580
-
-
withholding
20 886
36 551
-
-
total
20 886
36 551
-
-
Income
197 500
197 500
197 500
197 500
Total tax
98 039
93 471
114 943
106 453
After tax
99 461
104 029
82 557
91 047
Living cost
40 016
40 016
40 016
40 016
Free-cash
59 445
64 013
42 541
51 031

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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