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
₽ 199500
per

Your estimated
City
free-cash

Dresden , Germany
₽69805
₽81043
₽70340
₽94320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
trade
-
-
-
23 980
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.

-
-
-
63 939
health

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

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

-
-
-
6 943
surtax

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

-
-
-
3 516
total
-
-
-
98 378
Employee

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

38 870
-
199 500
-
health

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

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

6 943
-
6 943
-
surtax

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

60
-
3 516
-
income

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

1 086
-
63 939
-
total
8 089
-
74 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 630
199 500
-
-
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.

1 325
1 645
-
-
income
24 095
29 925
-
-
trade
25 299
31 422
-
-
chamber of commerce
386
442
-
-
total
51 105
63 434
-
-
Dividends
109 526
136 066
-
-
surtax

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

1 485
1 849
-
-
withholding
26 996
33 630
-
-
total
28 481
35 479
-
-
Income
199 500
199 500
199 500
199 500
Total tax
87 675
98 913
74 398
98 378
After tax
111 825
100 587
125 102
101 122
Living cost
30 782
30 782
30 782
30 782
Free-cash
81 043
69 805
94 320
70 340

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽73213
₽72361
₽64405
₽65475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
22 006
pensions
-
-
-
23 940
national
-
-
-
35 729
social contributions
-
-
-
2 145
total
-
-
-
83 820
Employee
79 485
-
172 466
-
municipal
9 818
-
22 779
-
pensions
3 179
-
6 899
-
national
15 213
-
37 421
-
total
28 210
-
67 099
-
Employer
79 485
-
172 466
-
social contributions
854
-
1 854
-
pensions
6 359
-
13 797
-
total
7 213
-
15 651
-
Corporate
107 555
199 500
-
-
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%.

21 511
39 900
-
-
total
21 511
39 900
-
-
Dividends
86 044
159 600
-
-
withholding
18 930
35 112
-
-
total
18 930
35 112
-
-
Income
199 500
199 500
199 500
199 500
Total tax
75 864
75 012
82 750
83 820
After tax
123 636
124 488
116 750
115 680
Living cost
51 275
51 275
51 275
51 275
Free-cash
72 361
73 213
65 475
64 405

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽138458
₽130120
₽49462
₽64063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
microenterprise
-
-
-
-
income
-
-
-
39 086
surtax
-
-
-
50 873
social contributions

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

-
-
-
38 937
total
-
-
-
128 896
Employee
29 696
-
153 444
-
social contributions

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

3 267
-
13 322
-
surtax
-
-
22 250
-
income
5 286
-
32 667
-
total
8 553
-
68 239
-
Employer
29 696
-
153 444
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
16 879
-
total
7 153
-
46 056
-
Corporate
162 651
199 500
-
-
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%.

32 531
39 900
-
-
total
32 531
39 900
-
-
Dividends

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

130 121
159 600
-
-
total
-
-
-
-
Income
199 500
199 500
199 500
199 500
Total tax
48 237
39 900
114 295
128 896
After tax
151 263
159 600
85 205
70 604
Living cost
21 142
21 142
21 142
21 142
Free-cash
130 120
138 458
64 063
49 462

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽56506
₽50279
₽66141
₽84292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
66 347
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
90 786
Employee
86 784
86 784
180 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
29 310
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
53 749
-
Employer
86 784
86 784
180 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
98 583
97 519
-
-
income
19 717
19 503
-
-
total
19 717
19 503
-
-
Dividends
78 866
78 015
-
-
income
16 759
16 578
-
-
withholding
11 830
11 702
-
-
total
28 589
28 280
-
-
Income
199 500
199 500
199 500
199 500
Total tax
106 648
100 421
72 635
90 786
After tax
92 852
99 079
126 865
108 714
Living cost
42 573
42 573
42 573
42 573
Free-cash
50 279
56 506
84 292
66 141

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽69770
₽68892
₽61641
₽60691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
52 077
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
21 763
total
-
-
-
98 702
Employee
55 795
-
172 536
-
municipal
16 638
-
51 450
-
national
-
-
21 237
-
total
16 638
-
72 687
-
Employer
55 795
-
172 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
126 175
199 500
-
-
income
27 758
43 890
-
-
total
27 758
43 890
-
-
Dividends
98 416
155 610
-
-
withholding
29 525
46 683
-
-
total
29 525
46 683
-
-
Income
199 500
199 500
199 500
199 500
Total tax
91 451
90 573
99 652
98 702
After tax
108 049
108 927
99 848
100 798
Living cost
39 157
39 157
39 157
39 157
Free-cash
68 892
69 770
60 691
61 641

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽59638
₽73917
₽60133
₽85179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
trade
-
-
-
25 046
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.

-
-
-
63 939
health

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

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

-
-
-
6 943
surtax

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

-
-
-
3 516
total
-
-
-
99 444
Employee

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

51 537
-
199 500
-
health

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

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

6 943
-
6 943
-
surtax

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

243
-
3 516
-
income

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

4 428
-
63 939
-
total
11 614
-
74 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 963
199 500
-
-
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.

1 221
1 645
-
-
income
22 194
29 925
-
-
trade
24 340
32 818
-
-
chamber of commerce
364
438
-
-
total
48 119
64 826
-
-
Dividends
99 844
134 674
-
-
surtax

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

1 352
1 830
-
-
withholding
24 575
33 283
-
-
total
25 927
35 113
-
-
Income
199 500
199 500
199 500
199 500
Total tax
85 660
99 939
74 398
99 444
After tax
113 840
99 561
125 102
100 056
Living cost
39 923
39 923
39 923
39 923
Free-cash
73 917
59 638
85 179
60 133

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽112507
₽108295
₽102370
₽100670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
42 638
health
-
-
-
5 087
social contributions
-
-
-
16 443
total
-
-
-
64 168
Employee
78 145
78 145
187 287
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 184
-
income
8 206
7 234
41 722
-
total
12 780
15 049
53 654
-
Employer
78 145
78 145
187 287
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
3 466
-
total
4 644
7 932
12 214
-
Corporate
149 113
113 422
-
-
income
18 639
14 179
-
-
total
18 639
14 179
-
-
Dividends
130 474
99 244
-
-
withholding
22 180
16 871
-
-
total
22 180
16 871
-
-
Income
199 500
199 500
199 500
199 500
Total tax
58 243
54 031
65 868
64 168
After tax
141 257
145 469
133 632
135 332
Living cost
32 962
32 962
32 962
32 962
Free-cash
108 295
112 507
100 670
102 370

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽93615
₽93999
₽119795
₽97243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
24 389
pensions
-
-
-
19 950
unemployment
-
-
-
2 992
health
-
-
-
13 965
total
-
-
-
61 296
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
166 946
-
health
1 860
740
11 686
-
income
3 249
1 293
20 409
-
pensions
2 657
1 058
16 695
-
unemployment
399
159
2 504
-
total
8 165
3 250
51 294
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
166 946
-
pensions
5 182
2 062
32 554
-
total
5 182
2 062
32 554
-
Corporate
167 745
186 862
-
-
income
15 097
16 818
-
-
total
15 097
16 818
-
-
Dividends
152 648
170 044
-
-
social contributions
29 645
33 038
-
-
withholding
29 003
32 308
-
-
total
58 648
65 346
-
-
Income
199 500
199 500
199 500
199 500
Total tax
87 092
87 476
83 848
61 296
After tax
112 408
112 024
115 652
138 204
Living cost
18 409
18 409
18 409
18 409
Free-cash
93 999
93 615
97 243
119 795

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽135054
₽128741
₽82386
₽90440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
26 733
pensions
-
-
-
39 900
health
-
-
-
25 935
total
-
-
-
92 568
Employee
28 830
-
149 101
-
income
3 246
-
28 747
-
pensions
577
-
2 982
-
unemployment
461
-
2 386
-
total
4 284
-
34 115
-
Employer
28 830
-
149 101
-
unemployment
231
-
1 194
-
pensions
5 766
-
29 821
-
health
3 747
-
19 384
-
total
9 744
-
50 399
-
Corporate
160 925
199 500
-
-
income
32 185
39 900
-
-
total
32 185
39 900
-
-
Dividends
128 740
159 600
-
-
total
-
-
-
-
Income
199 500
199 500
199 500
199 500
Total tax
46 213
39 900
84 514
92 568
After tax
153 287
159 600
114 986
106 932
Living cost
24 546
24 546
24 546
24 546
Free-cash
128 741
135 054
90 440
82 386

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽6037
₽12755
₽114104
₽86935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
255
income
-
-
-
56 173
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
63 200
Employee
34 915
-
180 930
-
health
3 998
-
20 716
-
income
4 790
-
43 387
-
pensions
3 932
-
7 697
-
total
12 720
-
71 800
-
Employer
34 915
-
180 930
-
accident
583
-
3 021
-
unemployment
855
-
4 433
-
pensions
5 677
-
11 115
-
total
7 115
-
18 569
-
Corporate
157 469
199 500
-
-
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.

141 722
179 550
-
-
total
141 722
179 550
-
-
Dividends
15 747
19 950
-
-
withholding
2 992
3 791
-
-
total
2 992
3 791
-
-
Income
199 500
199 500
199 500
199 500
Total tax
164 549
183 341
90 369
63 200
After tax
34 951
16 159
109 131
136 300
Living cost
22 196
22 196
22 196
22 196
Free-cash
12 755
-6 037
86 935
114 104

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽180263
₽178527
₽188243
₽150338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
199 500
microenterprise

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

-
-
-
1 995
total
-
-
-
1 995
Employee
11 577
-
199 500
-
income
2 315
-
39 900
-
total
2 315
-
39 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

187 923
199 500
-
-
total
-
-
-
-
Dividends
187 923
199 500
-
-
withholding
9 396
9 975
-
-
total
9 396
9 975
-
-
Income
199 500
199 500
199 500
199 500
Total tax
11 711
9 975
39 900
1 995
After tax
187 789
189 525
159 600
197 505
Living cost
9 262
9 262
9 262
9 262
Free-cash
178 527
180 263
150 338
188 243

Estimated living cost  is ₽9262 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽119492
₽112630
₽88423
₽86708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
32 768
pensions

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

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
83 998
Employee
36 899
-
160 509
-
health
517
-
2 164
-
income
6 353
-
32 195
-
pensions

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

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
46 721
-
Employer
36 899
-
160 509
-
accident
295
-
1 284
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
38 992
-
Corporate
153 301
199 500
-
-
income
32 193
41 896
-
-
total
32 193
41 896
-
-
Dividends
121 108
157 604
-
-
withholding
8 478
11 033
-
-
total
8 478
11 033
-
-
Income
199 500
199 500
199 500
199 500
Total tax
59 791
52 929
85 713
83 998
After tax
139 709
146 571
113 787
115 502
Living cost
27 079
27 079
27 079
27 079
Free-cash
112 630
119 492
86 708
88 423

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽60096
₽67019
₽62433
₽44483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
59 068
pensions
-
-
-
9 590
total
-
-
-
68 658
Employee
96 788
-
174 096
-
health
1 595
-
2 449
-
income
17 447
-
47 101
-
pensions
9 337
-
11 654
-
total
28 379
-
61 204
-
Employer
96 788
-
174 096
-
pensions
11 428
-
22 097
-
health
1 838
-
3 307
-
total
13 266
-
25 404
-
Corporate
89 446
199 500
-
-
income

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

16 994
37 906
-
-
total
16 994
37 906
-
-
Dividends
72 452
161 594
-
-
withholding
5 433
33 089
-
-
total
5 433
33 089
-
-
Income
199 500
199 500
199 500
199 500
Total tax
64 072
70 995
86 608
68 658
After tax
135 428
128 505
112 892
130 842
Living cost
68 409
68 409
68 409
68 409
Free-cash
67 019
60 096
44 483
62 433

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽157250
₽152531
₽146776
₽154822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
29 925
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 402
Employee
17 640
-
192 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
19 254
-
pensions

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

1 549
-
3 116
-
total
4 318
-
24 393
-
Employer
17 640
-
192 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
178 398
199 500
-
-
income
17 840
19 950
-
-
total
17 840
19 950
-
-
Dividends
160 558
179 550
-
-
withholding
8 028
8 978
-
-
total
8 028
8 978
-
-
Income
199 500
199 500
199 500
199 500
Total tax
33 647
28 928
31 356
39 402
After tax
165 853
170 572
168 144
160 098
Living cost
13 322
13 322
13 322
13 322
Free-cash
152 531
157 250
154 822
146 776

Estimated living cost  is ₽13322 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽42726
₽45283
₽52361
₽70512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
66 347
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
90 786
Employee
94 220
86 784
180 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
29 310
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
53 749
-
Employer
94 220
86 784
180 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
88 783
97 519
-
-
income
17 756
19 503
-
-
total
17 756
19 503
-
-
Dividends
71 027
78 015
-
-
income
15 093
16 578
-
-
withholding
10 653
11 702
-
-
total
25 746
28 280
-
-
Income
199 500
199 500
199 500
199 500
Total tax
97 864
100 421
72 635
90 786
After tax
101 636
99 079
126 865
108 714
Living cost
56 353
56 353
56 353
56 353
Free-cash
45 283
42 726
70 512
52 361

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽113067
₽104401
₽91431
₽82987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
20 642
health
-
-
-
26 932
solidarity contribution
-
-
-
1 254
social contributions
-
-
-
34 952
total
-
-
-
83 780
Employee
35 720
-
155 574
-
social contributions
2 322
-
7 780
-
health
4 822
-
21 002
-
solidarity contribution
-
-
497
-
income
4 286
-
19 019
-
total
11 430
-
48 298
-
Employer
35 720
-
155 574
-
social contributions
8 930
-
29 924
-
health
3 215
-
14 002
-
total
12 145
-
43 926
-
Corporate
151 635
199 500
-
-
income
28 811
37 905
-
-
total
28 811
37 905
-
-
Dividends
122 825
161 595
-
-
withholding
18 424
24 239
-
-
total
18 424
24 239
-
-
Income
199 500
199 500
199 500
199 500
Total tax
70 810
62 144
92 224
83 780
After tax
128 690
137 356
107 276
115 720
Living cost
24 289
24 289
24 289
24 289
Free-cash
104 401
113 067
82 987
91 431

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽63560
₽58253
₽51439
₽42587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
1 190
regional
-
-
-
2 384
national
-
-
-
50 742
social contributions
-
-
-
50 863
total
-
-
-
105 179
Employee
90 319
-
199 500
-
social contributions
30 456
-
66 683
-
regional
852
-
2 110
-
municipal
478
-
1 063
-
national
15 650
-
44 175
-
total
47 436
-
114 031
-
Employer
90 319
-
199 500
-
total
-
-
-
-
Corporate
109 181
199 500
-
-
nationa
26 203
47 880
-
-
municipal
4 258
7 780
-
-
total
30 461
55 660
-
-
Dividends
78 720
143 840
-
-
withholding
20 468
37 398
-
-
total
20 468
37 398
-
-
Income
199 500
199 500
199 500
199 500
Total tax
98 365
93 058
114 031
105 179
After tax
101 135
106 442
85 469
94 321
Living cost
42 882
42 882
42 882
42 882
Free-cash
58 253
63 560
42 587
51 439

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽103061
₽99899
₽71712
₽65498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
58 859
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
9 517
total
-
-
-
105 363
Employee
33 607
-
170 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
8 302
-
income
5 633
-
52 780
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
83 027
-
Employer
33 607
-
170 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
158 819
199 500
-
-
income
41 292
51 870
-
-
total
41 292
51 870
-
-
Dividends
117 527
147 630
-
-
withholding
17 629
22 144
-
-
total
17 629
22 144
-
-
Income
199 500
199 500
199 500
199 500
Total tax
77 176
74 014
111 577
105 363
After tax
122 324
125 486
87 923
94 137
Living cost
22 425
22 425
22 425
22 425
Free-cash
99 899
103 061
65 498
71 712

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽81770
₽88528
₽84107
₽66157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
59 068
pensions
-
-
-
9 590
total
-
-
-
68 658
Employee
64 865
-
174 096
-
health
942
-
2 449
-
income
11 682
-
47 101
-
pensions
5 506
-
11 654
-
total
18 130
-
61 204
-
Employer
64 865
-
174 096
-
pensions
7 022
-
22 097
-
health
1 232
-
3 307
-
total
8 254
-
25 404
-
Corporate
126 382
199 500
-
-
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.

24 011
37 906
-
-
total
24 011
37 906
-
-
Dividends
102 370
161 594
-
-
withholding
13 842
33 089
-
-
total
13 842
33 089
-
-
Income
199 500
199 500
199 500
199 500
Total tax
64 237
70 995
86 608
68 658
After tax
135 263
128 505
112 892
130 842
Living cost
46 735
46 735
46 735
46 735
Free-cash
88 528
81 770
66 157
84 107

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽13614
₽46821
₽82243
₽73812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
city
-
-
-
2 103
pensions
-
-
-
18 353
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.

-
-
-
3 991
regional
-
-
-
10 513
health
-
-
-
449
national
-
-
-
4 235
total
-
-
-
39 644
Employee
90 828
-
178 884
-
city
975
-
1 926
-
regional
2 974
-
9 176
-
health
205
-
403
-
pensions
7 631
-
14 667
-
unemployment
-
-
-
-
national
430
-
3 255
-
total
12 215
-
29 427
-
Employer
90 828
-
178 884
-
other

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

1 816
-
3 578
-
unemployment
-
-
-
-
pensions
7 631
-
14 667
-
health
205
-
403
-
total
9 652
-
18 648
-
Corporate
98 022
199 500
-
-
regional
20 731
42 194
-
-
national
8 332
16 958
-
-
total
29 063
59 152
-
-
Dividends
68 958
140 348
-
-
withholding
24 136
49 121
-
-
total
24 136
49 121
-
-
Income
199 500
199 500
199 500
199 500
Total tax
75 066
108 273
48 075
39 644
After tax
124 434
91 227
151 425
159 856
Living cost
77 613
77 613
77 613
77 613
Free-cash
46 821
13 614
73 812
82 243

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽51980
₽68459
₽52436
₽78547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
trade
-
-
-
26 111
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.

-
-
-
63 939
health

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

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

-
-
-
6 943
surtax

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

-
-
-
3 516
total
-
-
-
100 509
Employee

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

61 075
-
199 500
-
health

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

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

6 943
-
6 943
-
surtax

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

395
-
3 516
-
income

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

7 182
-
63 939
-
total
14 520
-
74 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
138 425
199 500
-
-
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.

1 142
1 645
-
-
income
20 765
29 925
-
-
trade
23 740
34 214
-
-
chamber of commerce
349
436
-
-
total
45 996
66 220
-
-
Dividends
92 429
133 280
-
-
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.

1 250
1 811
-
-
withholding
22 720
32 934
-
-
total
23 970
34 745
-
-
Income
199 500
199 500
199 500
199 500
Total tax
84 486
100 965
74 398
100 509
After tax
115 014
98 535
125 102
98 991
Living cost
46 555
46 555
46 555
46 555
Free-cash
68 459
51 980
78 547
52 436

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽65778
₽71781
₽76922
₽72539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
33 243
pensions
-
-
-
33 621
other
-
-
-
6 185
health
-
-
-
9 076
surtax
-
-
-
-
social contributions
-
-
-
5 683
total
-
-
-
87 808
Employee
43 494
-
153 444
-
social contributions
1 240
-
4 372
-
surtax
-
-
-
-
income
2 567
-
30 696
-
pensions
4 918
-
11 066
-
total
8 725
-
46 134
-
Employer
43 494
-
153 444
-
other
1 500
-
6 155
-
social contributions
131
-
461
-
unemployment
1 761
-
6 214
-
pensions
7 145
-
18 559
-
health
3 045
-
14 668
-
total
13 582
-
46 057
-
Corporate
142 423
199 500
-
-
surtax
-
-
-
-
income
39 878
55 860
-
-
total
39 878
55 860
-
-
Dividends
102 545
143 640
-
-
surtax
-
-
-
-
social contributions
17 638
24 705
-
-
withholding
13 126
18 387
-
-
total
30 764
43 092
-
-
Income
199 500
199 500
199 500
199 500
Total tax
92 949
98 952
92 191
87 808
After tax
106 551
100 548
107 309
111 692
Living cost
34 770
34 770
34 770
34 770
Free-cash
71 781
65 778
72 539
76 922

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽69223
₽74870
₽80367
₽75984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
33 243
pensions
-
-
-
33 621
other
-
-
-
6 185
health
-
-
-
9 076
surtax
-
-
-
-
social contributions
-
-
-
5 683
total
-
-
-
87 808
Employee
38 825
-
153 444
-
social contributions
1 107
-
4 372
-
surtax
-
-
-
-
income
2 002
-
30 696
-
pensions
4 391
-
11 066
-
total
7 500
-
46 134
-
Employer
38 825
-
153 444
-
other
1 340
-
6 155
-
social contributions
116
-
461
-
unemployment
1 572
-
6 214
-
pensions
6 380
-
18 559
-
health
2 717
-
14 668
-
total
12 125
-
46 057
-
Corporate
148 550
199 500
-
-
surtax
-
-
-
-
income
41 595
55 860
-
-
total
41 595
55 860
-
-
Dividends
106 956
143 640
-
-
surtax
-
-
-
-
social contributions
18 394
24 705
-
-
withholding
13 691
18 387
-
-
total
32 085
43 092
-
-
Income
199 500
199 500
199 500
199 500
Total tax
93 305
98 952
92 191
87 808
After tax
106 195
100 548
107 309
111 692
Living cost
31 325
31 325
31 325
31 325
Free-cash
74 870
69 223
75 984
80 367

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽100163
₽100692
₽106568
₽101853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
29 925
health
-
-
-
13 926
social contributions
-
-
-
27 532
total
-
-
-
71 383
Employee
34 457
-
199 500
-
social contributions
4 756
-
27 532
-
health
2 405
-
13 926
-
income
5 747
-
34 640
-
total
12 908
-
76 098
-
Employer
34 457
-
199 500
-
total
-
-
-
-
Corporate
165 043
199 500
-
-
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%.

8 252
9 974
-
-
total
8 252
9 974
-
-
Dividends
156 791
189 526
-
-
health
10 944
13 230
-
-
social contributions
21 636
26 155
-
-
withholding
23 519
28 429
-
-
total
56 099
67 814
-
-
Income
199 500
199 500
199 500
199 500
Total tax
77 259
77 788
76 098
71 383
After tax
122 241
121 712
123 402
128 117
Living cost
21 549
21 549
21 549
21 549
Free-cash
100 692
100 163
101 853
106 568

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽74379
₽72804
₽66639
₽16800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
chamber of commerce
-
-
-
798
income
-
-
-
58 774
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
97 052
Employee
50 788
40 499
161 972
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
48 333
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
69 835
-
Employer
50 788
40 499
161 972
-
accident
660
526
1 543
-
other
2 413
1 923
7 325
-
chamber of commerce
202
162
648
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
4 860
-
health
1 919
1 531
4 488
-
total
14 817
11 857
37 527
-
Corporate
133 897
147 144
158 117
-
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.

33 474
36 785
39 529
-
total
33 474
36 785
39 529
-
Dividends
100 423
110 359
-
-
withholding
27 617
30 349
-
-
total
27 617
30 349
-
-
Income
199 500
199 500
199 500
199 500
Total tax
90 887
89 312
146 891
97 052
After tax
108 613
110 188
52 609
102 448
Living cost
35 809
35 809
35 809
35 809
Free-cash
72 804
74 379
16 800
66 639

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽74052
₽59235
₽49570
₽32041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
national
-
-
-
77 090
communal

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

-
-
-
10 449
social contributions
-
-
-
25 337
total
-
-
-
112 876
Employee

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

72 694
-
154 519
-
communal

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

3 792
-
8 059
-
health

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

3 415
-
7 261
-
pensions

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

5 452
-
11 589
-
unemployment

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

633
-
1 344
-
national
22 349
-
57 170
-
total
35 641
-
85 423
-
Employer

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

72 694
-
154 519
-
accident

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

945
-
2 008
-
unemployment

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

1 061
-
2 256
-
surtax
8 243
-
17 523
-
pensions

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

6 441
-
13 691
-
health

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

4 470
-
9 504
-
total
21 160
-
44 982
-
Corporate
105 646
199 500
-
-
surtax
422
810
-
-
income
21 129
40 497
-
-
total
21 551
41 307
-
-
Dividends
84 095
158 193
-
-
withholding

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

24 859
47 087
-
-
total
24 859
47 087
-
-
Income
199 500
199 500
199 500
199 500
Total tax
103 211
88 394
130 405
112 876
After tax
96 289
111 106
69 095
86 624
Living cost
37 054
37 054
37 054
37 054
Free-cash
59 235
74 052
32 041
49 570

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽96031
₽89069
₽75028
₽70765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
849
income
-
-
-
59 512
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
87 771
Employee
50 587
-
169 471
-
other
50
-
94
-
income
10 674
-
56 023
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
62 005
-
Employer
50 587
-
169 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
132 789
199 500
-
-
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.

19 918
29 925
-
-
total
19 918
29 925
-
-
Dividends
112 871
169 575
-
-
withholding
23 800
36 843
-
-
total
23 800
36 843
-
-
Income
199 500
199 500
199 500
199 500
Total tax
73 730
66 768
92 034
87 771
After tax
125 770
132 732
107 466
111 729
Living cost
36 701
36 701
36 701
36 701
Free-cash
89 069
96 031
70 765
75 028

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽59949
₽46327
₽41112
₽49066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
1 682
income
-
-
-
35 058
pensions
-
-
-
29 902
health
-
-
-
14 019
surtax
-
-
-
9 890
communal
-
-
-
12 609
total
-
-
-
103 160
Employee
76 960
-
178 205
-
health
3 425
-
7 930
-
surtax
4 717
-
10 921
-
income
7 434
-
40 803
-
pensions
6 156
-
14 256
-
total
21 732
-
73 910
-
Employer
76 960
-
178 205
-
accident
692
-
1 605
-
pensions
6 156
-
14 256
-
health
2 347
-
5 435
-
total
9 195
-
21 296
-
Corporate
113 344
199 500
-
-
surtax
1 190
2 094
-
-
communal
7 651
13 467
-
-
income
17 002
29 925
-
-
total
25 843
45 486
-
-
Dividends
87 502
154 013
-
-
income
28 049
15 735
-
-
withholding
13 126
23 102
-
-
total
41 175
38 837
-
-
Income
199 500
199 500
199 500
199 500
Total tax
97 945
84 323
95 206
103 160
After tax
101 555
115 177
104 294
96 340
Living cost
55 228
55 228
55 228
55 228
Free-cash
46 327
59 949
49 066
41 112

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽102660
₽99427
₽71311
₽65097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
58 859
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
9 517
total
-
-
-
105 363
Employee
34 224
-
170 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
8 302
-
income
5 737
-
52 780
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
83 027
-
Employer
34 224
-
170 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
158 071
199 500
-
-
income
41 099
51 870
-
-
total
41 099
51 870
-
-
Dividends
116 972
147 630
-
-
withholding
17 546
22 144
-
-
total
17 546
22 144
-
-
Income
199 500
199 500
199 500
199 500
Total tax
77 247
74 014
111 577
105 363
After tax
122 253
125 486
87 923
94 137
Living cost
22 826
22 826
22 826
22 826
Free-cash
99 427
102 660
65 097
71 311

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽77486
₽75229
₽66312
₽57506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
1 190
regional
-
-
-
3 017
national
-
-
-
50 742
social contributions
-
-
-
50 863
total
-
-
-
105 812
Employee
56 373
-
199 500
-
social contributions
19 010
-
66 683
-
regional
759
-
2 697
-
municipal
299
-
1 063
-
national
8 931
-
44 175
-
total
28 999
-
114 618
-
Employer
56 373
-
199 500
-
total
-
-
-
-
Corporate
143 127
199 500
-
-
nationa
34 351
47 880
-
-
municipal
7 112
9 915
-
-
total
41 463
57 795
-
-
Dividends
101 663
141 705
-
-
withholding
26 433
36 843
-
-
total
26 433
36 843
-
-
Income
199 500
199 500
199 500
199 500
Total tax
96 895
94 638
114 618
105 812
After tax
102 605
104 862
84 882
93 688
Living cost
27 376
27 376
27 376
27 376
Free-cash
75 229
77 486
57 506
66 312

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽107425
₽96748
₽85789
₽77345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
20 642
health
-
-
-
26 932
solidarity contribution
-
-
-
1 254
social contributions
-
-
-
34 952
total
-
-
-
83 780
Employee
44 016
-
155 574
-
social contributions
2 861
-
7 780
-
health
5 942
-
21 002
-
solidarity contribution
-
-
497
-
income
5 282
-
19 019
-
total
14 085
-
48 298
-
Employer
44 016
-
155 574
-
social contributions
11 004
-
29 924
-
health
3 961
-
14 002
-
total
14 965
-
43 926
-
Corporate
140 518
199 500
-
-
income
26 698
37 905
-
-
total
26 698
37 905
-
-
Dividends
113 820
161 595
-
-
withholding
17 073
24 239
-
-
total
17 073
24 239
-
-
Income
199 500
199 500
199 500
199 500
Total tax
72 821
62 144
92 224
83 780
After tax
126 679
137 356
107 276
115 720
Living cost
29 931
29 931
29 931
29 931
Free-cash
96 748
107 425
77 345
85 789

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽77876
₽77371
₽70227
₽20237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
chamber of commerce
-
-
-
798
income
-
-
-
58 774
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
96 851
Employee
44 424
40 499
162 161
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
48 424
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
69 926
-
Employer
44 424
40 499
162 161
-
accident
577
526
1 543
-
other
2 110
1 923
7 332
-
chamber of commerce
177
162
648
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
4 866
-
health
1 680
1 531
4 488
-
total
12 785
11 656
37 339
-
Corporate
142 292
147 344
158 304
-
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.

35 574
36 835
39 576
-
total
35 574
36 835
39 576
-
Dividends
106 718
110 509
-
-
withholding
29 347
30 390
-
-
total
29 347
30 390
-
-
Income
199 500
199 500
199 500
199 500
Total tax
89 707
89 202
146 841
96 851
After tax
109 793
110 298
52 659
102 649
Living cost
32 422
32 422
32 422
32 422
Free-cash
77 371
77 876
20 237
70 227

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽175092
₽172385
₽183072
₽145167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
199 500
microenterprise

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

-
-
-
1 995
total
-
-
-
1 995
Employee
18 042
-
199 500
-
income
3 609
-
39 900
-
total
3 609
-
39 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

181 458
199 500
-
-
total
-
-
-
-
Dividends
181 458
199 500
-
-
withholding
9 073
9 975
-
-
total
9 073
9 975
-
-
Income
199 500
199 500
199 500
199 500
Total tax
12 682
9 975
39 900
1 995
After tax
186 818
189 525
159 600
197 505
Living cost
14 433
14 433
14 433
14 433
Free-cash
172 385
175 092
145 167
183 072

Estimated living cost  is ₽14433 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽110096
₽101596
₽68437
₽63854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
income
-
-
-
47 441
pensions
-
-
-
36 434
unemployment
-
-
-
299
health
-
-
-
19 631
total
-
-
-
103 805
Employee

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

44 939
-
172 620
-
health
2 902
-
11 153
-
income
7 750
-
43 359
-
pensions
6 966
-
26 757
-
unemployment
64
-
241
-
total
17 682
-
81 510
-
Employer

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

44 939
-
172 620
-
unemployment
27
-
104
-
pensions
3 977
-
15 276
-
health
2 993
-
11 498
-
total
6 997
-
26 878
-
Corporate
147 564
199 500
-
-
income
28 037
37 906
-
-
total
28 037
37 906
-
-
Dividends
119 527
161 594
-
-
withholding
17 930
24 240
-
-
total
17 930
24 240
-
-
Income
199 500
199 500
199 500
199 500
Total tax
70 646
62 146
108 388
103 805
After tax
128 854
137 354
91 112
95 695
Living cost
27 258
27 258
27 258
27 258
Free-cash
101 596
110 096
63 854
68 437

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽77473
₽29075
₽93967
₽142211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
38 887
social contributions
-
-
-
22 743
total
-
-
-
61 630
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
47 788
199 500
-
-
income
10 513
43 890
-
-
total
10 513
43 890
-
-
Dividends
37 274
155 610
-
-
income
8 200
34 234
-
-
total
8 200
34 234
-
-
Income
199 500
199 500
199 500
199 500
Total tax
126 522
78 124
13 386
61 630
After tax
72 978
121 376
186 114
137 870
Living cost
43 903
43 903
43 903
43 903
Free-cash
29 075
77 473
142 211
93 967

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽81598
₽80576
₽73650
₽58525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
income
-
-
-
24 648
surtax
-
-
-
-
social contributions

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

-
-
-
69 325
total
-
-
-
93 973
Employee
46 740
-
161 213
-
social contributions
5 141
-
17 733
-
surtax
-
-
-
-
income
9 722
-
53 078
-
total
14 863
-
70 811
-
Employer
46 740
-
161 213
-
social contributions
11 101
-
38 287
-
total
11 101
-
38 287
-
Corporate
141 659
199 500
-
-
surtax
-
-
-
-
income
29 748
41 896
-
-
total
29 748
41 896
-
-
Dividends
111 911
157 604
-
-
withholding
31 335
44 129
-
-
total
31 335
44 129
-
-
Income
199 500
199 500
199 500
199 500
Total tax
87 047
86 025
109 098
93 973
After tax
112 453
113 475
90 402
105 527
Living cost
31 877
31 877
31 877
31 877
Free-cash
80 576
81 598
58 525
73 650

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽51464
₽58452
₽62608
₽58225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
33 243
pensions
-
-
-
33 621
other
-
-
-
6 185
health
-
-
-
9 076
surtax
-
-
-
-
social contributions
-
-
-
5 683
total
-
-
-
87 808
Employee
63 650
-
153 444
-
social contributions
1 813
-
4 372
-
surtax
-
-
-
-
income
5 554
-
30 696
-
pensions
7 199
-
11 066
-
total
14 566
-
46 134
-
Employer
63 650
-
153 444
-
other
2 197
-
6 155
-
social contributions
191
-
461
-
unemployment
2 578
-
6 214
-
pensions
10 458
-
18 559
-
health
4 455
-
14 668
-
total
19 879
-
46 057
-
Corporate
115 970
199 500
-
-
surtax
-
-
-
-
income
32 471
55 860
-
-
total
32 471
55 860
-
-
Dividends
83 499
143 640
-
-
surtax
-
-
-
-
social contributions
14 360
24 705
-
-
withholding
10 688
18 387
-
-
total
25 048
43 092
-
-
Income
199 500
199 500
199 500
199 500
Total tax
91 964
98 952
92 191
87 808
After tax
107 536
100 548
107 309
111 692
Living cost
49 084
49 084
49 084
49 084
Free-cash
58 452
51 464
58 225
62 608

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽149001
₽145588
₽115670
₽120974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
9 390
social contributions
-
-
-
43 892
total
-
-
-
53 282
Employee
32 672
-
172 728
-
income
-
-
9 978
-
social contributions
2 123
-
11 228
-
total
2 123
-
21 206
-
Employer
32 672
-
172 728
-
social contributions
5 064
-
26 772
-
total
5 064
-
26 772
-
Corporate
161 764
199 500
-
-
income
16 177
19 951
-
-
total
16 177
19 951
-
-
Dividends
145 587
179 549
-
-
total
-
-
-
-
Income
199 500
199 500
199 500
199 500
Total tax
23 364
19 951
47 978
53 282
After tax
176 136
179 549
151 522
146 218
Living cost
30 548
30 548
30 548
30 548
Free-cash
145 588
149 001
120 974
115 670

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽21902
-₽21902
₽67536
-₽21902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
42 166
pensions
-
-
-
881
national
-
-
-
24 088
labour market
-
-
-
15 890
total
-
-
-
83 025
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
199 500
199 500
199 500
199 500
Total tax
172 463
172 463
172 463
83 025
After tax
27 037
27 037
27 037
116 475
Living cost
48 939
48 939
48 939
48 939
Free-cash
-21 902
-21 902
-21 902
67 536

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽5709
₽12806
₽114432
₽87263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
255
income
-
-
-
56 173
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
63 200
Employee
34 400
-
180 930
-
health
3 939
-
20 716
-
income
4 719
-
43 387
-
pensions
3 874
-
7 697
-
total
12 532
-
71 800
-
Employer
34 400
-
180 930
-
accident
574
-
3 021
-
unemployment
843
-
4 433
-
pensions
5 593
-
11 115
-
total
7 010
-
18 569
-
Corporate
158 089
199 500
-
-
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.

142 280
179 550
-
-
total
142 280
179 550
-
-
Dividends
15 809
19 950
-
-
withholding
3 004
3 791
-
-
total
3 004
3 791
-
-
Income
199 500
199 500
199 500
199 500
Total tax
164 826
183 341
90 369
63 200
After tax
34 674
16 159
109 131
136 300
Living cost
21 868
21 868
21 868
21 868
Free-cash
12 806
-5 709
87 263
114 432

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽84720
₽87768
₽86681
₽63832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
199 500
municipal
-
-
-
35 433
health
-
-
-
2 648
national
-
-
-
35 721
total
-
-
-
73 802
Employee
53 468
-
167 829
-
health
399
-
2 160
-
municipal
8 758
-
27 327
-
pensions
3 608
-
11 328
-
unemployment
802
-
2 517
-
national
883
-
21 648
-
total
14 450
-
64 980
-
Employer
53 468
-
167 829
-
accident
54
-
168
-
unemployment
347
-
1 092
-
pensions
9 276
-
29 119
-
health
411
-
1 292
-
total
10 088
-
31 671
-
Corporate
135 944
199 500
-
-
income
27 189
39 900
-
-
total
27 189
39 900
-
-
Dividends

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

81 567
119 700
-
-
national
6 306
14 317
-
-
municipal
14 682
21 546
-
-
total
20 988
35 863
-
-
Income
199 500
199 500
199 500
199 500
Total tax
72 715
75 763
96 651
73 802
After tax
126 785
123 737
102 849
125 698
Living cost
39 017
39 017
39 017
39 017
Free-cash
87 768
84 720
63 832
86 681

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽121940
₽116409
₽111803
₽110103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
42 638
health
-
-
-
5 087
social contributions
-
-
-
16 443
total
-
-
-
64 168
Employee
78 145
78 145
187 287
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 184
-
income
8 509
7 234
41 722
-
total
12 070
15 049
53 654
-
Employer
78 145
78 145
187 287
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
3 466
-
total
3 613
7 932
12 214
-
Corporate
160 290
113 422
-
-
income
20 036
14 179
-
-
total
20 036
14 179
-
-
Dividends
140 254
99 244
-
-
withholding
23 843
16 871
-
-
total
23 843
16 871
-
-
Income
199 500
199 500
199 500
199 500
Total tax
59 562
54 031
65 868
64 168
After tax
139 938
145 469
133 632
135 332
Living cost
23 529
23 529
23 529
23 529
Free-cash
116 409
121 940
110 103
111 803

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽149071
₽143900
₽152726
₽132345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
199 500
income
-
-
-
20 468
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
30 639
Employee

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

23 327
-
189 568
-
health
1 983
-
8 196
-
income
1 595
-
17 947
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
41 089
-
Employer

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

23 327
-
189 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
173 772
199 500
-
-
income
15 639
17 955
-
-
total
15 639
17 955
-
-
Dividends
158 134
181 545
-
-
withholding
14 233
16 339
-
-
total
14 233
16 339
-
-
Income
199 500
199 500
199 500
199 500
Total tax
39 465
34 294
51 020
30 639
After tax
160 035
165 206
148 480
168 861
Living cost
16 135
16 135
16 135
16 135
Free-cash
143 900
149 071
132 345
152 726

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽104786
₽100299
₽83783
₽79520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
849
income
-
-
-
59 512
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
87 771
Employee
37 577
-
169 471
-
other
37
-
94
-
income
7 245
-
56 023
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
62 005
-
Employer
37 577
-
169 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
149 943
199 500
-
-
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.

22 491
29 925
-
-
total
22 491
29 925
-
-
Dividends
127 452
169 575
-
-
withholding
27 154
36 843
-
-
total
27 154
36 843
-
-
Income
199 500
199 500
199 500
199 500
Total tax
71 255
66 768
92 034
87 771
After tax
128 245
132 732
107 466
111 729
Living cost
27 946
27 946
27 946
27 946
Free-cash
100 299
104 786
79 520
83 783

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽121707
₽121251
₽125260
₽125063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
67 959
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
71 459
Employee
4 236
-
197 218
-
health
212
-
507
-
income
820
-
67 852
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
69 373
-
Employer
4 236
-
197 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
194 310
199 500
-
-
income
42 748
43 890
-
-
total
42 748
43 890
-
-
Dividends
151 562
155 610
-
-
withholding
30 312
31 122
-
-
total
30 312
31 122
-
-
Income
199 500
199 500
199 500
199 500
Total tax
75 468
75 012
71 656
71 459
After tax
124 032
124 488
127 844
128 041
Living cost
2 781
2 781
2 781
2 781
Free-cash
121 251
121 707
125 063
125 260

Estimated living cost  is ₽2781 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽126581
₽121583
₽107945
₽107945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
income
-
-
-
45 634
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
73 997
Employee

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

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

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

26 477
-
186 069
-
health
1 364
-
3 864
-
income
3 650
-
45 634
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
60 566
-
Employer

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

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

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

26 477
-
186 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
168 284
199 500
-
-
income
25 243
29 925
-
-
total
25 243
29 925
-
-
Dividends
143 041
169 575
-
-
withholding
21 456
25 436
-
-
total
21 456
25 436
-
-
Income
199 500
199 500
199 500
199 500
Total tax
60 359
55 361
73 997
73 997
After tax
139 141
144 139
125 503
125 503
Living cost
17 558
17 558
17 558
17 558
Free-cash
121 583
126 581
107 945
107 945

Estimated living cost  is ₽17558 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽86077
₽85711
₽78129
₽63004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
income
-
-
-
24 648
surtax
-
-
-
-
social contributions

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

-
-
-
69 325
total
-
-
-
93 973
Employee
39 443
-
161 213
-
social contributions
4 339
-
17 733
-
surtax
-
-
-
-
income
7 707
-
53 078
-
total
12 046
-
70 811
-
Employer
39 443
-
161 213
-
social contributions
9 367
-
38 287
-
total
9 367
-
38 287
-
Corporate
150 690
199 500
-
-
surtax
-
-
-
-
income
31 645
41 896
-
-
total
31 645
41 896
-
-
Dividends
119 044
157 604
-
-
withholding
33 333
44 129
-
-
total
33 333
44 129
-
-
Income
199 500
199 500
199 500
199 500
Total tax
86 391
86 025
109 098
93 973
After tax
113 109
113 475
90 402
105 527
Living cost
27 398
27 398
27 398
27 398
Free-cash
85 711
86 077
63 004
78 129

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽97016
₽90367
₽76013
₽71750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
849
income
-
-
-
59 512
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
87 771
Employee
49 081
-
169 471
-
other
48
-
94
-
income
10 251
-
56 023
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
62 005
-
Employer
49 081
-
169 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
134 771
199 500
-
-
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.

20 215
29 925
-
-
total
20 215
29 925
-
-
Dividends
114 556
169 575
-
-
withholding
24 188
36 843
-
-
total
24 188
36 843
-
-
Income
199 500
199 500
199 500
199 500
Total tax
73 417
66 768
92 034
87 771
After tax
126 083
132 732
107 466
111 729
Living cost
35 716
35 716
35 716
35 716
Free-cash
90 367
97 016
71 750
76 013

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽153093
₽146902
₽142619
₽150665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
29 925
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
39 402
Employee
23 145
-
192 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
19 254
-
pensions

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

2 032
-
3 116
-
total
5 666
-
24 393
-
Employer
23 145
-
192 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
171 814
199 500
-
-
income
17 181
19 950
-
-
total
17 181
19 950
-
-
Dividends
154 633
179 550
-
-
withholding
7 731
8 978
-
-
total
7 731
8 978
-
-
Income
199 500
199 500
199 500
199 500
Total tax
35 119
28 928
31 356
39 402
After tax
164 381
170 572
168 144
160 098
Living cost
17 479
17 479
17 479
17 479
Free-cash
146 902
153 093
150 665
142 619

Estimated living cost  is ₽17479 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽63405
₽76701
₽64019
₽85867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
trade
-
-
-
21 848
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.

-
-
-
63 939
health

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

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

-
-
-
6 943
surtax

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

-
-
-
3 516
total
-
-
-
96 246
Employee

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

50 565
-
199 500
-
health

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

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

6 943
-
6 943
-
surtax

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

229
-
3 516
-
income

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

4 158
-
63 939
-
total
11 330
-
74 398
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 935
199 500
-
-
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.

1 228
1 645
-
-
income
22 340
29 925
-
-
trade
21 372
28 627
-
-
chamber of commerce
372
447
-
-
total
45 312
60 644
-
-
Dividends
103 622
138 855
-
-
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.

1 404
1 888
-
-
withholding
25 518
34 328
-
-
total
26 922
36 216
-
-
Income
199 500
199 500
199 500
199 500
Total tax
83 564
96 860
74 398
96 246
After tax
115 936
102 640
125 102
103 254
Living cost
39 235
39 235
39 235
39 235
Free-cash
76 701
63 405
85 867
64 019

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽81759
₽84003
₽44847
₽44847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
63 002
social contributions
-
-
-
33 760
total
-
-
-
96 762
Employee
79 494
-
199 500
-
income
15 000
-
63 002
-
social contributions
6 604
-
33 760
-
total
21 604
-
96 762
-
Employer
79 494
-
199 500
-
total
-
-
-
-
Corporate
120 006
199 500
-
-
income
15 000
24 938
-
-
total
15 000
24 938
-
-
Dividends
105 006
174 562
-
-
withholding
21 002
34 912
-
-
total
21 002
34 912
-
-
Income
199 500
199 500
199 500
199 500
Total tax
57 606
59 850
96 762
96 762
After tax
141 894
139 650
102 738
102 738
Living cost
57 891
57 891
57 891
57 891
Free-cash
84 003
81 759
44 847
44 847

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽87416
₽90966
₽125873
₽103708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
income
-
-
-
29 925
health

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

-
-
-
6 812
total
-
-
-
36 737
Employee
46 620
-
194 825
-
income
5 059
-
49 552
-
social contributions
4 671
-
4 675
-
total
9 730
-
54 227
-
Employer
46 620
-
194 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
148 209
199 500
-
-
income
51 874
69 825
-
-
total
51 874
69 825
-
-
Dividends
96 335
129 675
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
199 500
199 500
199 500
199 500
Total tax
71 644
75 194
58 902
36 737
After tax
127 856
124 306
140 598
162 763
Living cost
36 890
36 890
36 890
36 890
Free-cash
90 966
87 416
103 708
125 873

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽90511
₽96570
₽92848
₽74898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
income
-
-
-
59 068
pensions
-
-
-
9 590
total
-
-
-
68 658
Employee
52 152
-
174 096
-
health
680
-
2 449
-
income
9 497
-
47 101
-
pensions
3 980
-
11 654
-
total
14 157
-
61 204
-
Employer
52 152
-
174 096
-
pensions
5 269
-
22 097
-
health
991
-
3 307
-
total
6 260
-
25 404
-
Corporate
141 088
199 500
-
-
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.

26 807
37 906
-
-
total
26 807
37 906
-
-
Dividends
114 281
161 594
-
-
withholding
17 712
33 089
-
-
total
17 712
33 089
-
-
Income
199 500
199 500
199 500
199 500
Total tax
64 936
70 995
86 608
68 658
After tax
134 564
128 505
112 892
130 842
Living cost
37 994
37 994
37 994
37 994
Free-cash
96 570
90 511
74 898
92 848

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7874
₽12473
₽112267
₽85098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
accident
-
-
-
255
income
-
-
-
56 173
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
63 200
Employee
37 806
-
180 930
-
health
4 329
-
20 716
-
income
5 187
-
43 387
-
pensions
4 257
-
7 697
-
total
13 773
-
71 800
-
Employer
37 806
-
180 930
-
accident
631
-
3 021
-
unemployment
926
-
4 433
-
pensions
6 147
-
11 115
-
total
7 704
-
18 569
-
Corporate
153 990
199 500
-
-
income

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

138 591
179 550
-
-
total
138 591
179 550
-
-
Dividends
15 399
19 950
-
-
withholding
2 926
3 791
-
-
total
2 926
3 791
-
-
Income
199 500
199 500
199 500
199 500
Total tax
162 994
183 341
90 369
63 200
After tax
36 506
16 159
109 131
136 300
Living cost
24 033
24 033
24 033
24 033
Free-cash
12 473
-7 874
85 098
112 267

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽138922
₽149440
₽108008
₽130302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
199 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
33 209
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
77 797
Employee

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

21 911
-
199 500
-
work injury
110
-
405
-
income
2 191
-
33 209
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
55 503
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 589
199 500
-
-
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%.

1 776
19 950
-
-
total
1 776
19 950
-
-
Dividends
175 813
179 550
-
-
withholding
26 372
26 933
-
-
total
26 372
26 933
-
-
Income
199 500
199 500
199 500
199 500
Total tax
36 365
46 883
55 503
77 797
After tax
163 135
152 617
143 997
121 703
Living cost
13 695
13 695
13 695
13 695
Free-cash
149 440
138 922
130 302
108 008

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽64597
₽59974
₽51462
₽42866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
199 500
municipal
-
-
-
1 338
regional
-
-
-
4 610
national
-
-
-
50 742
social contributions
-
-
-
50 863
total
-
-
-
107 553
Employee
85 636
-
199 500
-
social contributions
28 876
-
66 683
-
regional
1 293
-
4 095
-
municipal
511
-
1 196
-
national
14 472
-
44 175
-
total
45 152
-
116 149
-
Employer
85 636
-
199 500
-
total
-
-
-
-
Corporate
113 864
199 500
-
-
nationa
27 327
47 880
-
-
municipal
5 489
9 616
-
-
total
32 816
57 496
-
-
Dividends
81 048
142 004
-
-
withholding
21 073
36 922
-
-
total
21 073
36 922
-
-
Income
199 500
199 500
199 500
199 500
Total tax
99 041
94 418
116 149
107 553
After tax
100 459
105 082
83 351
91 947
Living cost
40 485
40 485
40 485
40 485
Free-cash
59 974
64 597
42 866
51 462

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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