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
₽ 201500
per

Your estimated
City
free-cash

Dresden , Germany
₽71764
₽82654
₽71430
₽95958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
trade
-
-
-
24 528
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.

-
-
-
65 402
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.

-
-
-
6 725
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.

-
-
-
3 598
total
-
-
-
100 253
Employee

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

37 652
-
201 500
-
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.

1 052
-
65 402
-
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.

58
-
3 598
-
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.

6 725
-
6 725
-
total
7 835
-
75 725
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 848
201 500
-
-
income
24 577
30 226
-
-
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.

1 353
1 663
-
-
trade
25 806
31 737
-
-
chamber of commerce
385
439
-
-
total
52 121
64 065
-
-
Dividends
111 728
137 435
-
-
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.

1 515
1 870
-
-
withholding
27 558
33 984
-
-
total
29 073
35 854
-
-
Income
201 500
201 500
201 500
201 500
Total tax
89 029
99 919
75 725
100 253
After tax
112 471
101 581
125 775
101 247
Living cost
29 817
29 817
29 817
29 817
Free-cash
82 654
71 764
95 958
71 430

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72331
₽71442
₽63955
₽65035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
22 187
national
-
-
-
35 607
pensions
-
-
-
24 180
social contributions
-
-
-
2 166
total
-
-
-
84 140
Employee
82 788
-
174 195
-
national
15 846
-
37 316
-
pensions
3 312
-
6 968
-
municipal
10 226
-
22 967
-
total
29 384
-
67 251
-
Employer
82 788
-
174 195
-
social contributions
890
-
1 873
-
pensions
6 623
-
13 936
-
total
7 513
-
15 809
-
Corporate
105 735
201 500
-
-
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%.

21 147
40 300
-
-
total
21 147
40 300
-
-
Dividends
84 588
161 200
-
-
withholding
18 609
35 464
-
-
total
18 609
35 464
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 653
75 764
83 060
84 140
After tax
124 847
125 736
118 440
117 360
Living cost
53 405
53 405
53 405
53 405
Free-cash
71 442
72 331
65 035
63 955

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140720
₽132645
₽51469
₽66076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
microenterprise
-
-
-
-
income
-
-
-
40 452
surtax
-
-
-
51 382
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.

-
-
-
37 717
total
-
-
-
129 551
Employee
28 765
-
156 070
-
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.

3 165
-
12 905
-
income
5 120
-
33 979
-
surtax
-
-
22 630
-
total
8 285
-
69 514
-
Employer
28 765
-
156 070
-
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.

6 929
-
28 262
-
surtax
-
-
17 168
-
total
6 929
-
45 430
-
Corporate
165 806
201 500
-
-
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%.

33 161
40 300
-
-
total
33 161
40 300
-
-
Dividends

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

132 646
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
48 375
40 300
114 944
129 551
After tax
153 125
161 200
86 556
71 949
Living cost
20 480
20 480
20 480
20 480
Free-cash
132 645
140 720
66 076
51 469

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58943
₽52912
₽68051
₽87666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
68 538
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
92 211
Employee
84 064
84 064
183 206
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
30 629
-
health
12 903
10 975
12 139
-
total
41 795
36 269
54 302
-
Employer
84 064
84 064
183 206
-
health
5 843
5 843
7 261
-
pensions
5 851
5 851
7 273
-
unemployment
3 026
3 026
3 760
-
total
14 720
14 720
18 294
-
Corporate
103 746
102 715
-
-
income
20 749
20 543
-
-
total
20 749
20 543
-
-
Dividends
82 997
82 172
-
-
income
17 637
17 461
-
-
withholding
12 449
12 326
-
-
total
30 086
29 787
-
-
Income
201 500
201 500
201 500
201 500
Total tax
107 350
101 319
72 596
92 211
After tax
94 150
100 181
128 904
109 289
Living cost
41 238
41 238
41 238
41 238
Free-cash
52 912
58 943
87 666
68 051

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70765
₽69884
₽62475
₽61522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
52 655
national
-
-
-
22 193
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
99 771
Employee
55 934
-
174 469
-
national
-
-
21 666
-
municipal
16 679
-
52 027
-
total
16 679
-
73 693
-
Employer
55 934
-
174 469
-
health
3 440
-
5 291
-
pensions
6 046
-
9 300
-
accident
112
-
172
-
other
6 500
-
9 997
-
unemployment
1 477
-
2 271
-
total
17 575
-
27 031
-
Corporate
127 992
201 500
-
-
income
28 158
44 330
-
-
total
28 158
44 330
-
-
Dividends
99 834
157 170
-
-
withholding
29 950
47 151
-
-
total
29 950
47 151
-
-
Income
201 500
201 500
201 500
201 500
Total tax
92 362
91 481
100 724
99 771
After tax
109 138
110 019
100 776
101 729
Living cost
39 254
39 254
39 254
39 254
Free-cash
69 884
70 765
61 522
62 475

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
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.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61874
₽75708
₽61486
₽87103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
trade
-
-
-
25 617
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.

-
-
-
65 402
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.

-
-
-
6 725
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.

-
-
-
3 598
total
-
-
-
101 342
Employee

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

49 921
-
201 500
-
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.

4 289
-
65 402
-
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.

235
-
3 598
-
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.

6 725
-
6 725
-
total
11 249
-
75 725
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 579
201 500
-
-
income
22 737
30 226
-
-
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
1 663
-
-
trade
24 935
33 148
-
-
chamber of commerce
364
435
-
-
total
49 286
65 472
-
-
Dividends
102 293
136 029
-
-
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.

1 386
1 849
-
-
withholding
25 199
33 633
-
-
total
26 585
35 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 120
100 954
75 725
101 342
After tax
114 380
100 546
125 775
100 158
Living cost
38 672
38 672
38 672
38 672
Free-cash
75 708
61 874
87 103
61 486

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114978
₽110895
₽104390
₽102693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
44 115
health
-
-
-
5 139
social contributions
-
-
-
15 927
total
-
-
-
65 181
Employee
75 696
75 696
189 520
-
social contributions
3 678
6 282
8 474
-
income
7 949
7 007
43 202
-
health
753
1 287
3 222
-
total
12 380
14 576
54 898
-
Employer
75 696
75 696
189 520
-
social contributions
3 678
6 282
8 474
-
health
820
1 401
3 506
-
total
4 498
7 683
11 980
-
Corporate
152 693
118 120
-
-
income
19 086
14 765
-
-
total
19 086
14 765
-
-
Dividends
133 606
103 355
-
-
withholding
22 712
17 569
-
-
total
22 712
17 569
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 676
54 593
66 878
65 181
After tax
142 824
146 907
134 622
136 319
Living cost
31 929
31 929
31 929
31 929
Free-cash
110 895
114 978
102 693
104 390

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93892
₽94293
₽120320
₽97541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
3 022
income
-
-
-
24 633
health
-
-
-
14 105
pensions
-
-
-
20 150
total
-
-
-
61 910
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.

27 817
11 071
168 619
-
pensions
2 782
1 107
16 862
-
unemployment
417
166
2 529
-
income
3 401
1 353
20 614
-
health
1 947
775
11 803
-
total
8 547
3 401
51 808
-
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.

27 817
11 071
168 619
-
pensions
5 424
2 159
32 881
-
total
5 424
2 159
32 881
-
Corporate
168 259
188 270
-
-
income
15 143
16 944
-
-
total
15 143
16 944
-
-
Dividends
153 115
171 326
-
-
social contributions
29 731
33 282
-
-
withholding
29 092
32 552
-
-
total
58 823
65 834
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 937
88 338
84 689
61 910
After tax
113 563
113 162
116 811
139 590
Living cost
19 270
19 270
19 270
19 270
Free-cash
94 293
93 892
97 541
120 320

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137423
₽131308
₽84228
₽92364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
27 001
health
-
-
-
26 194
pensions
-
-
-
40 300
total
-
-
-
93 495
Employee
27 926
-
150 596
-
pensions
559
-
3 011
-
unemployment
446
-
2 410
-
income
3 144
-
29 036
-
total
4 149
-
34 457
-
Employer
27 926
-
150 596
-
health
3 630
-
19 578
-
pensions
5 586
-
30 119
-
unemployment
224
-
1 205
-
total
9 440
-
50 902
-
Corporate
164 134
201 500
-
-
income
32 826
40 300
-
-
total
32 826
40 300
-
-
Dividends
131 308
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
46 415
40 300
85 359
93 495
After tax
155 085
161 200
116 141
108 005
Living cost
23 777
23 777
23 777
23 777
Free-cash
131 308
137 423
92 364
84 228

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
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.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5162
₽13027
₽116156
₽89004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
accident
-
-
-
247
income
-
-
-
57 059
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
63 861
Employee
33 794
-
183 194
-
pensions
3 805
-
7 450
-
income
4 636
-
44 281
-
health
3 869
-
20 976
-
total
12 310
-
72 707
-
Employer
33 794
-
183 194
-
pensions
5 495
-
10 758
-
accident
564
-
3 060
-
unemployment
828
-
4 488
-
total
6 887
-
18 306
-
Corporate
160 819
201 500
-
-
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.

144 737
181 350
-
-
total
144 737
181 350
-
-
Dividends
16 082
20 150
-
-
withholding
3 056
3 829
-
-
total
3 056
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 990
185 179
91 013
63 861
After tax
34 510
16 321
110 487
137 639
Living cost
21 483
21 483
21 483
21 483
Free-cash
13 027
-5 162
89 004
116 156

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182920
₽181326
₽190980
₽152695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
201 500
microenterprise

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

-
-
-
2 015
total
-
-
-
2 015
Employee
10 631
-
201 500
-
income
2 126
-
40 300
-
total
2 126
-
40 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

190 869
201 500
-
-
total
-
-
-
-
Dividends
190 869
201 500
-
-
withholding
9 543
10 075
-
-
total
9 543
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
11 669
10 075
40 300
2 015
After tax
189 831
191 425
161 200
199 485
Living cost
8 505
8 505
8 505
8 505
Free-cash
181 326
182 920
152 695
190 980

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121813
₽115162
₽91843
₽90131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
33 803
health
-
-
-
6 587
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.

-
-
-
35 927
other
-
-
-
7 110
total
-
-
-
83 427
Employee
35 743
-
163 665
-
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.

2 501
-
10 478
-
unemployment
357
-
1 496
-
income
6 154
-
33 234
-
health
501
-
2 096
-
total
9 513
-
47 304
-
Employer
35 743
-
163 665
-
health
501
-
2 096
-
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.

6 077
-
25 449
-
accident
286
-
1 310
-
other
1 788
-
7 484
-
unemployment
357
-
1 496
-
total
9 009
-
37 835
-
Corporate
156 749
201 500
-
-
income
32 918
42 314
-
-
total
32 918
42 314
-
-
Dividends
123 832
159 186
-
-
withholding
8 668
11 143
-
-
total
8 668
11 143
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 108
53 457
85 139
83 427
After tax
141 392
148 043
116 361
118 073
Living cost
26 230
26 230
26 230
26 230
Free-cash
115 162
121 813
90 131
91 843

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62740
₽70714
₽65342
₽47252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 458
pensions
-
-
-
9 453
total
-
-
-
69 911
Employee
93 729
-
175 772
-
pensions
9 042
-
11 429
-
income
16 896
-
48 399
-
health
1 544
-
2 444
-
total
27 482
-
62 272
-
Employer
93 729
-
175 772
-
health
1 780
-
3 340
-
pensions
11 067
-
22 389
-
total
12 847
-
25 729
-
Corporate
94 924
201 500
-
-
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.

18 037
38 285
-
-
total
18 037
38 285
-
-
Dividends
76 888
163 215
-
-
withholding
6 173
34 229
-
-
total
6 173
34 229
-
-
Income
201 500
201 500
201 500
201 500
Total tax
64 539
72 514
88 001
69 911
After tax
136 961
128 986
113 499
131 589
Living cost
66 246
66 246
66 246
66 246
Free-cash
70 714
62 740
47 252
65 342

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159286
₽154681
₽149032
₽157224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
139
income
-
-
-
30 225
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
39 471
Employee
17 210
-
194 706
-
pensions

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

1 511
-
3 040
-
income
1 721
-
19 471
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
24 485
-
Employer
17 210
-
194 706
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
180 913
201 500
-
-
income
18 091
20 150
-
-
total
18 091
20 150
-
-
Dividends
162 821
181 350
-
-
withholding
8 141
9 067
-
-
total
8 141
9 067
-
-
Income
201 500
201 500
201 500
201 500
Total tax
33 822
29 217
31 279
39 471
After tax
167 678
172 283
170 221
162 029
Living cost
12 997
12 997
12 997
12 997
Free-cash
154 681
159 286
157 224
149 032

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45594
₽48070
₽54702
₽74317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
68 538
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
92 211
Employee
91 267
84 064
183 206
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
30 629
-
health
11 386
10 975
12 139
-
total
36 680
36 269
54 302
-
Employer
91 267
84 064
183 206
-
health
6 342
5 843
7 261
-
pensions
6 352
5 851
7 273
-
unemployment
3 286
3 026
3 760
-
total
15 980
14 720
18 294
-
Corporate
94 253
102 715
-
-
income
18 851
20 543
-
-
total
18 851
20 543
-
-
Dividends
75 402
82 172
-
-
income
16 023
17 461
-
-
withholding
11 309
12 326
-
-
total
27 332
29 787
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 843
101 319
72 596
92 211
After tax
102 657
100 181
128 904
109 289
Living cost
54 587
54 587
54 587
54 587
Free-cash
48 070
45 594
74 317
54 702

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114241
₽105504
₽92420
₽83888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
solidarity contribution
-
-
-
1 285
income
-
-
-
20 858
health
-
-
-
27 202
social contributions
-
-
-
35 243
total
-
-
-
84 588
Employee
36 018
-
157 180
-
social contributions
2 341
-
7 845
-
income
4 322
-
19 217
-
solidarity contribution
-
-
519
-
health
4 862
-
21 219
-
total
11 525
-
48 800
-
Employer
36 018
-
157 180
-
social contributions
9 004
-
30 174
-
health
3 242
-
14 146
-
total
12 246
-
44 320
-
Corporate
153 236
201 500
-
-
income
29 115
38 285
-
-
total
29 115
38 285
-
-
Dividends
124 121
163 215
-
-
withholding
18 618
24 482
-
-
total
18 618
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 504
62 767
93 120
84 588
After tax
129 996
138 733
108 380
116 912
Living cost
24 492
24 492
24 492
24 492
Free-cash
105 504
114 241
83 888
92 420

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65971
₽60831
₽54321
₽45912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
1 218
national
-
-
-
52 701
regional
-
-
-
2 453
social contributions
-
-
-
49 269
total
-
-
-
105 641
Employee
87 488
-
201 500
-
national
15 160
-
46 176
-
social contributions
29 501
-
64 593
-
municipal
463
-
1 095
-
regional
826
-
2 186
-
total
45 950
-
114 050
-
Employer
87 488
-
201 500
-
total
-
-
-
-
Corporate
114 012
201 500
-
-
municipal
4 446
7 859
-
-
nationa
27 362
48 359
-
-
total
31 808
56 218
-
-
Dividends
82 204
145 281
-
-
withholding
21 373
37 773
-
-
total
21 373
37 773
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 131
93 991
114 050
105 641
After tax
102 369
107 509
87 450
95 859
Living cost
41 538
41 538
41 538
41 538
Free-cash
60 831
65 971
45 912
54 321

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105019
₽101958
₽73258
₽67242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
224
income
-
-
-
60 728
health
-
-
-
9 327
surtax
-
-
-
9 963
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
106 519
Employee
32 554
-
173 845
-
pensions
2 171
-
8 763
-
unemployment
2 266
-
9 144
-
income
5 457
-
54 840
-
other
-
-
-
-
surtax
106
-
8 784
-
health
831
-
3 349
-
total
10 831
-
84 880
-
Employer
32 554
-
173 845
-
health
1 481
-
5 978
-
pensions
4 340
-
17 513
-
other
-
-
-
-
unemployment
1 031
-
4 164
-
total
6 852
-
27 655
-
Corporate
162 094
201 500
-
-
income
42 144
52 391
-
-
total
42 144
52 391
-
-
Dividends
119 950
149 109
-
-
withholding
17 992
22 367
-
-
total
17 992
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 819
74 758
112 535
106 519
After tax
123 681
126 742
88 965
94 981
Living cost
21 723
21 723
21 723
21 723
Free-cash
101 958
105 019
67 242
73 258

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83728
₽90270
₽86331
₽68241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 458
pensions
-
-
-
9 453
total
-
-
-
69 911
Employee
62 815
-
175 772
-
pensions
5 332
-
11 429
-
income
11 313
-
48 399
-
health
912
-
2 444
-
total
17 557
-
62 272
-
Employer
62 815
-
175 772
-
health
1 193
-
3 340
-
pensions
6 800
-
22 389
-
total
7 993
-
25 729
-
Corporate
130 692
201 500
-
-
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.

24 832
38 285
-
-
total
24 832
38 285
-
-
Dividends
105 861
163 215
-
-
withholding
15 590
34 229
-
-
total
15 590
34 229
-
-
Income
201 500
201 500
201 500
201 500
Total tax
65 972
72 514
88 001
69 911
After tax
135 528
128 986
113 499
131 589
Living cost
45 258
45 258
45 258
45 258
Free-cash
90 270
83 728
68 241
86 331

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15192
₽48116
₽84269
₽75927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
city
-
-
-
2 125
national
-
-
-
4 416
regional
-
-
-
10 720
health
-
-
-
453
pensions
-
-
-
18 538
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.

-
-
-
4 030
total
-
-
-
40 282
Employee
90 050
-
180 780
-
national
426
-
3 438
-
city
966
-
1 949
-
pensions
7 565
-
14 710
-
unemployment
-
-
-
-
health
204
-
407
-
regional
2 949
-
9 388
-
total
12 110
-
29 892
-
Employer
90 050
-
180 780
-
health
204
-
407
-
pensions
7 565
-
14 710
-
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.

1 800
-
3 615
-
unemployment
-
-
-
-
total
9 569
-
18 732
-
Corporate
100 890
201 500
-
-
national
8 575
17 127
-
-
regional
21 338
42 618
-
-
total
29 913
59 745
-
-
Dividends
70 977
141 755
-
-
withholding
24 843
49 614
-
-
total
24 843
49 614
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 435
109 359
48 624
40 282
After tax
125 065
92 141
152 876
161 218
Living cost
76 949
76 949
76 949
76 949
Free-cash
48 116
15 192
75 927
84 269

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54413
₽70379
₽53971
₽80679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
trade
-
-
-
26 708
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.

-
-
-
65 402
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.

-
-
-
6 725
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.

-
-
-
3 598
total
-
-
-
102 433
Employee

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

59 161
-
201 500
-
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.

6 957
-
65 402
-
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.

383
-
3 598
-
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.

6 725
-
6 725
-
total
14 065
-
75 725
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 339
201 500
-
-
income
21 350
30 226
-
-
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.

1 175
1 663
-
-
trade
24 410
34 558
-
-
chamber of commerce
349
433
-
-
total
47 284
66 880
-
-
Dividends
95 054
134 620
-
-
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.

1 287
1 831
-
-
withholding
23 389
33 280
-
-
total
24 676
35 111
-
-
Income
201 500
201 500
201 500
201 500
Total tax
86 025
101 991
75 725
102 433
After tax
115 475
99 509
125 775
99 067
Living cost
45 096
45 096
45 096
45 096
Free-cash
70 379
54 413
80 679
53 971

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67875
₽73692
₽78312
₽73677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
34 871
health
-
-
-
9 398
surtax
-
-
-
-
pensions
-
-
-
33 251
other
-
-
-
6 247
social contributions
-
-
-
5 741
total
-
-
-
89 508
Employee
42 131
-
154 570
-
pensions
4 764
-
11 321
-
social contributions
1 201
-
4 403
-
income
2 486
-
31 488
-
surtax
-
-
-
-
total
8 451
-
47 212
-
Employer
42 131
-
154 570
-
social contributions
127
-
463
-
health
2 950
-
14 980
-
pensions
6 921
-
18 954
-
other
1 453
-
6 274
-
unemployment
1 706
-
6 260
-
total
13 157
-
46 931
-
Corporate
146 212
201 500
-
-
income
40 939
56 420
-
-
surtax
-
-
-
-
total
40 939
56 420
-
-
Dividends
105 273
145 080
-
-
social contributions
18 106
24 954
-
-
surtax
-
-
-
-
withholding
13 475
18 571
-
-
total
31 581
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 128
99 945
94 143
89 508
After tax
107 372
101 555
107 357
111 992
Living cost
33 680
33 680
33 680
33 680
Free-cash
73 692
67 875
73 677
78 312

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71212
₽76682
₽81649
₽77014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
34 871
health
-
-
-
9 398
surtax
-
-
-
-
pensions
-
-
-
33 251
other
-
-
-
6 247
social contributions
-
-
-
5 741
total
-
-
-
89 508
Employee
37 608
-
154 570
-
pensions
4 254
-
11 321
-
social contributions
1 072
-
4 403
-
income
1 939
-
31 488
-
surtax
-
-
-
-
total
7 265
-
47 212
-
Employer
37 608
-
154 570
-
social contributions
112
-
463
-
health
2 632
-
14 980
-
pensions
6 180
-
18 954
-
other
1 298
-
6 274
-
unemployment
1 522
-
6 260
-
total
11 744
-
46 931
-
Corporate
152 147
201 500
-
-
income
42 602
56 420
-
-
surtax
-
-
-
-
total
42 602
56 420
-
-
Dividends
109 545
145 080
-
-
social contributions
18 842
24 954
-
-
surtax
-
-
-
-
withholding
14 022
18 571
-
-
total
32 864
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 475
99 945
94 143
89 508
After tax
107 025
101 555
107 357
111 992
Living cost
30 343
30 343
30 343
30 343
Free-cash
76 682
71 212
77 014
81 649

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102058
₽102567
₽108528
₽103548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
30 226
health
-
-
-
14 065
social contributions
-
-
-
27 807
total
-
-
-
72 098
Employee
33 377
-
201 500
-
social contributions
4 607
-
27 807
-
income
5 567
-
35 206
-
health
2 330
-
14 065
-
total
12 504
-
77 078
-
Employer
33 377
-
201 500
-
total
-
-
-
-
Corporate
168 123
201 500
-
-
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%.

8 406
10 075
-
-
total
8 406
10 075
-
-
Dividends
159 716
191 425
-
-
social contributions
22 042
26 417
-
-
health
11 149
13 361
-
-
withholding
23 958
28 715
-
-
total
57 149
68 493
-
-
Income
201 500
201 500
201 500
201 500
Total tax
78 059
78 568
77 078
72 098
After tax
123 441
122 932
124 422
129 402
Living cost
20 874
20 874
20 874
20 874
Free-cash
102 567
102 058
103 548
108 528

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
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.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76535
₽75010
₽68811
₽18353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
6 038
income
-
-
-
60 892
chamber of commerce
-
-
-
805
health
-
-
-
8 797
surtax
-
-
-
194
pensions
-
-
-
21 276
total
-
-
-
98 002
Employee
49 196
39 230
164 590
-
pensions
5 038
4 016
11 776
-
unemployment
1 476
1 177
3 450
-
income
5 601
2 894
50 511
-
other
491
392
1 151
-
health
1 904
1 519
4 450
-
total
14 510
9 998
71 338
-
Employer
49 196
39 230
164 590
-
chamber of commerce
196
157
658
-
health
1 859
1 483
4 347
-
payroll
1 476
1 177
4 937
-
pensions
6 174
4 924
14 433
-
surtax
194
194
194
-
accident
639
510
1 494
-
other
2 337
1 862
7 396
-
unemployment
1 476
1 177
3 450
-
total
14 351
11 484
36 909
-
Corporate
137 953
150 785
160 854
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

34 489
37 696
40 213
-
total
34 489
37 696
40 213
-
Dividends
103 464
113 089
-
-
withholding
28 453
31 100
-
-
total
28 453
31 100
-
-
Income
201 500
201 500
201 500
201 500
Total tax
91 803
90 278
148 460
98 002
After tax
109 697
111 222
53 040
103 498
Living cost
34 687
34 687
34 687
34 687
Free-cash
75 010
76 535
18 353
68 811

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75799
₽61979
₽51646
₽33481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
national
-
-
-
78 800
communal

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

-
-
-
10 618
social contributions
-
-
-
24 543
total
-
-
-
113 961
Employee

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

70 415
-
156 068
-
national
21 648
-
58 156
-
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.

5 281
-
11 705
-
communal

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

3 673
-
8 139
-
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.

613
-
1 358
-
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.

3 308
-
7 336
-
total
34 523
-
86 694
-
Employer

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

70 415
-
156 068
-
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.

4 330
-
9 598
-
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.

6 239
-
13 828
-
surtax
7 984
-
17 698
-
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.

915
-
2 029
-
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.

1 027
-
2 279
-
total
20 495
-
45 432
-
Corporate
110 588
201 500
-
-
income
22 118
41 621
-
-
surtax
443
833
-
-
total
22 561
42 454
-
-
Dividends
88 027
159 046
-
-
withholding

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

26 049
47 354
-
-
total
26 049
47 354
-
-
Income
201 500
201 500
201 500
201 500
Total tax
103 628
89 808
132 126
113 961
After tax
97 872
111 692
69 374
87 539
Living cost
35 893
35 893
35 893
35 893
Free-cash
61 979
75 799
33 481
51 646

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98423
₽91678
₽77215
₽73085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
61 360
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
88 734
Employee
49 001
-
172 412
-
pensions
2 303
-
4 289
-
unemployment
760
-
1 414
-
income
10 339
-
57 981
-
other
49
-
92
-
total
13 451
-
63 776
-
Employer
49 001
-
172 412
-
pensions
11 564
-
21 534
-
accident
970
-
1 806
-
other
390
-
730
-
unemployment
2 696
-
5 018
-
total
15 620
-
29 088
-
Corporate
136 879
201 500
-
-
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.

20 532
30 226
-
-
total
20 532
30 226
-
-
Dividends
116 347
171 274
-
-
withholding
24 668
37 300
-
-
total
24 668
37 300
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 271
67 526
92 864
88 734
After tax
127 229
133 974
108 636
112 766
Living cost
35 551
35 551
35 551
35 551
Free-cash
91 678
98 423
73 085
77 215

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62183
₽48826
₽42981
₽51013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
accident
-
-
-
1 698
income
-
-
-
36 240
communal
-
-
-
12 735
health
-
-
-
14 158
surtax
-
-
-
9 989
pensions
-
-
-
30 202
total
-
-
-
105 022
Employee
74 548
-
179 991
-
pensions
5 963
-
14 399
-
income
7 201
-
42 041
-
surtax
4 569
-
11 031
-
health
3 318
-
8 010
-
total
21 051
-
75 481
-
Employer
74 548
-
179 991
-
health
2 273
-
5 490
-
pensions
5 963
-
14 399
-
accident
671
-
1 620
-
total
8 907
-
21 509
-
Corporate
118 045
201 500
-
-
income
17 706
30 226
-
-
surtax
1 239
2 117
-
-
communal
7 967
13 602
-
-
total
26 912
45 945
-
-
Dividends
91 133
155 556
-
-
income
28 636
16 542
-
-
withholding
13 671
23 333
-
-
total
42 307
39 875
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 177
85 820
96 990
105 022
After tax
102 323
115 680
104 510
96 478
Living cost
53 497
53 497
53 497
53 497
Free-cash
48 826
62 183
51 013
42 981

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104631
₽101501
₽72870
₽66854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
224
income
-
-
-
60 728
health
-
-
-
9 327
surtax
-
-
-
9 963
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
106 519
Employee
33 151
-
173 845
-
pensions
2 212
-
8 763
-
unemployment
2 307
-
9 144
-
income
5 558
-
54 840
-
other
-
-
-
-
surtax
118
-
8 784
-
health
846
-
3 349
-
total
11 041
-
84 880
-
Employer
33 151
-
173 845
-
health
1 508
-
5 978
-
pensions
4 420
-
17 513
-
other
-
-
-
-
unemployment
1 052
-
4 164
-
total
6 980
-
27 655
-
Corporate
161 369
201 500
-
-
income
41 956
52 391
-
-
total
41 956
52 391
-
-
Dividends
119 414
149 109
-
-
withholding
17 911
22 367
-
-
total
17 911
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 888
74 758
112 535
106 519
After tax
123 612
126 742
88 965
94 981
Living cost
22 111
22 111
22 111
22 111
Free-cash
101 501
104 631
66 854
72 870

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79396
₽77207
₽68703
₽60339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
1 218
national
-
-
-
52 701
regional
-
-
-
3 091
social contributions
-
-
-
49 269
total
-
-
-
106 279
Employee
54 606
-
201 500
-
national
8 651
-
46 176
-
social contributions
18 414
-
64 593
-
municipal
290
-
1 095
-
regional
735
-
2 779
-
total
28 090
-
114 643
-
Employer
54 606
-
201 500
-
total
-
-
-
-
Corporate
146 894
201 500
-
-
municipal
7 301
10 015
-
-
nationa
35 255
48 359
-
-
total
42 556
58 374
-
-
Dividends
104 338
143 126
-
-
withholding
27 129
37 212
-
-
total
27 129
37 212
-
-
Income
201 500
201 500
201 500
201 500
Total tax
97 775
95 586
114 643
106 279
After tax
103 725
105 914
86 857
95 221
Living cost
26 518
26 518
26 518
26 518
Free-cash
77 207
79 396
60 339
68 703

Estimated living cost  is ₽26518 per week

₽16492
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.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108552
₽97785
₽86731
₽78199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
solidarity contribution
-
-
-
1 285
income
-
-
-
20 858
health
-
-
-
27 202
social contributions
-
-
-
35 243
total
-
-
-
84 588
Employee
44 383
-
157 180
-
social contributions
2 885
-
7 845
-
income
5 326
-
19 217
-
solidarity contribution
-
-
519
-
health
5 992
-
21 219
-
total
14 203
-
48 800
-
Employer
44 383
-
157 180
-
social contributions
11 096
-
30 174
-
health
3 994
-
14 146
-
total
15 090
-
44 320
-
Corporate
142 026
201 500
-
-
income
26 985
38 285
-
-
total
26 985
38 285
-
-
Dividends
115 041
163 215
-
-
withholding
17 256
24 482
-
-
total
17 256
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 534
62 767
93 120
84 588
After tax
127 966
138 733
108 380
116 912
Living cost
30 181
30 181
30 181
30 181
Free-cash
97 785
108 552
78 199
86 731

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79922
₽79432
₽72286
₽21684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
6 038
income
-
-
-
60 892
chamber of commerce
-
-
-
805
health
-
-
-
8 797
surtax
-
-
-
-
pensions
-
-
-
21 276
total
-
-
-
97 808
Employee
43 031
39 230
164 769
-
pensions
4 407
4 016
11 776
-
unemployment
1 291
1 177
3 450
-
income
3 833
2 894
50 597
-
other
430
392
1 151
-
health
1 664
1 519
4 450
-
total
11 625
9 998
71 424
-
Employer
43 031
39 230
164 769
-
chamber of commerce
172
157
659
-
health
1 627
1 483
4 347
-
payroll
1 291
1 177
4 943
-
pensions
5 401
4 924
14 433
-
surtax
-
-
-
-
accident
559
510
1 494
-
other
2 044
1 862
7 403
-
unemployment
1 291
1 177
3 450
-
total
12 385
11 290
36 729
-
Corporate
146 085
150 979
161 033
-
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.

36 521
37 745
40 257
-
total
36 521
37 745
40 257
-
Dividends
109 564
113 234
-
-
withholding
30 131
31 139
-
-
total
30 131
31 139
-
-
Income
201 500
201 500
201 500
201 500
Total tax
90 662
90 172
148 410
97 808
After tax
110 838
111 328
53 090
103 692
Living cost
31 406
31 406
31 406
31 406
Free-cash
79 432
79 922
21 684
72 286

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178171
₽175686
₽186231
₽147946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
201 500
microenterprise

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

-
-
-
2 015
total
-
-
-
2 015
Employee
16 567
-
201 500
-
income
3 314
-
40 300
-
total
3 314
-
40 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

184 933
201 500
-
-
total
-
-
-
-
Dividends
184 933
201 500
-
-
withholding
9 246
10 075
-
-
total
9 246
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
12 560
10 075
40 300
2 015
After tax
188 940
191 425
161 200
199 485
Living cost
13 254
13 254
13 254
13 254
Free-cash
175 686
178 171
147 946
186 231

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112330
₽104096
₽69250
₽64877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
unemployment
-
-
-
303
income
-
-
-
48 915
health
-
-
-
19 828
pensions
-
-
-
36 800
total
-
-
-
105 846
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.

43 531
-
174 353
-
pensions
6 748
-
27 024
-
unemployment
62
-
245
-
income
7 507
-
44 540
-
health
2 811
-
11 263
-
total
17 128
-
83 072
-
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.

43 531
-
174 353
-
health
2 899
-
11 612
-
pensions
3 852
-
15 430
-
unemployment
26
-
105
-
total
6 777
-
27 147
-
Corporate
151 192
201 500
-
-
income
28 726
38 285
-
-
total
28 726
38 285
-
-
Dividends
122 466
163 215
-
-
withholding
18 369
24 481
-
-
total
18 369
24 481
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 000
62 766
110 219
105 846
After tax
130 500
138 734
91 281
95 654
Living cost
26 404
26 404
26 404
26 404
Free-cash
104 096
112 330
64 877
69 250

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76288
₽25241
₽92948
₽141077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
39 276
social contributions
-
-
-
22 971
total
-
-
-
62 247
Employee
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
Corporate
41 487
201 500
-
-
income
9 127
44 330
-
-
total
9 127
44 330
-
-
Dividends
32 360
157 170
-
-
income
7 119
34 577
-
-
total
7 119
34 577
-
-
Income
201 500
201 500
201 500
201 500
Total tax
129 954
78 907
14 118
62 247
After tax
71 546
122 593
187 382
139 253
Living cost
46 305
46 305
46 305
46 305
Free-cash
25 241
76 288
141 077
92 948

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83735
₽82745
₽75232
₽59956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
income
-
-
-
25 368
surtax
-
-
-
-
social contributions

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

-
-
-
70 022
total
-
-
-
95 390
Employee
45 275
-
162 829
-
social contributions
4 980
-
17 911
-
income
9 417
-
54 084
-
surtax
-
-
-
-
total
14 397
-
71 995
-
Employer
45 275
-
162 829
-
social contributions
10 753
-
38 671
-
total
10 753
-
38 671
-
Corporate
145 472
201 500
-
-
income
30 549
42 314
-
-
surtax
-
-
-
-
total
30 549
42 314
-
-
Dividends
114 923
159 186
-
-
withholding
32 178
44 573
-
-
total
32 178
44 573
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 877
86 887
110 666
95 390
After tax
113 623
114 613
90 834
106 110
Living cost
30 878
30 878
30 878
30 878
Free-cash
82 745
83 735
59 956
75 232

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54009
₽60776
₽64446
₽59811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
34 871
health
-
-
-
9 398
surtax
-
-
-
-
pensions
-
-
-
33 251
other
-
-
-
6 247
social contributions
-
-
-
5 741
total
-
-
-
89 508
Employee
61 655
-
154 570
-
pensions
6 974
-
11 321
-
social contributions
1 756
-
4 403
-
income
5 380
-
31 488
-
surtax
-
-
-
-
total
14 110
-
47 212
-
Employer
61 655
-
154 570
-
social contributions
185
-
463
-
health
4 315
-
14 980
-
pensions
10 131
-
18 954
-
other
2 128
-
6 274
-
unemployment
2 498
-
6 260
-
total
19 257
-
46 931
-
Corporate
120 588
201 500
-
-
income
33 764
56 420
-
-
surtax
-
-
-
-
total
33 764
56 420
-
-
Dividends
86 824
145 080
-
-
social contributions
14 934
24 954
-
-
surtax
-
-
-
-
withholding
11 113
18 571
-
-
total
26 047
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
93 178
99 945
94 143
89 508
After tax
108 322
101 555
107 357
111 992
Living cost
47 546
47 546
47 546
47 546
Free-cash
60 776
54 009
59 811
64 446

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151760
₽148451
₽117841
₽123193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
9 738
social contributions
-
-
-
44 330
total
-
-
-
54 068
Employee
31 648
-
174 459
-
social contributions
2 057
-
11 341
-
income
-
-
10 334
-
total
2 057
-
21 675
-
Employer
31 648
-
174 459
-
social contributions
4 906
-
27 041
-
total
4 906
-
27 041
-
Corporate
164 947
201 500
-
-
income
16 495
20 149
-
-
total
16 495
20 149
-
-
Dividends
148 451
181 351
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
23 458
20 149
48 716
54 068
After tax
178 042
181 351
152 784
147 432
Living cost
29 591
29 591
29 591
29 591
Free-cash
148 451
151 760
123 193
117 841

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12574
-₽12574
₽69878
-₽12574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
42 818
national
-
-
-
24 581
labour market
-
-
-
16 052
pensions
-
-
-
852
total
-
-
-
84 303
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 755
166 755
166 755
84 303
After tax
34 745
34 745
34 745
117 197
Living cost
47 319
47 319
47 319
47 319
Free-cash
-12 574
-12 574
-12 574
69 878

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4845
₽13074
₽116473
₽89321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
accident
-
-
-
247
income
-
-
-
57 059
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
63 861
Employee
33 296
-
183 194
-
pensions
3 749
-
7 450
-
income
4 568
-
44 281
-
health
3 813
-
20 976
-
total
12 130
-
72 707
-
Employer
33 296
-
183 194
-
pensions
5 414
-
10 758
-
accident
556
-
3 060
-
unemployment
816
-
4 488
-
total
6 786
-
18 306
-
Corporate
161 419
201 500
-
-
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.

145 277
181 350
-
-
total
145 277
181 350
-
-
Dividends
16 142
20 150
-
-
withholding
3 067
3 829
-
-
total
3 067
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
167 260
185 179
91 013
63 861
After tax
34 240
16 321
110 487
137 639
Living cost
21 166
21 166
21 166
21 166
Free-cash
13 074
-4 845
89 321
116 473

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86725
₽89765
₽88089
₽65009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
201 500
municipal
-
-
-
35 785
national
-
-
-
37 140
health
-
-
-
2 692
total
-
-
-
75 617
Employee
51 792
-
169 511
-
national
856
-
22 928
-
pensions
3 495
-
11 442
-
unemployment
777
-
2 542
-
municipal
8 483
-
27 599
-
health
387
-
2 199
-
total
13 998
-
66 710
-
Employer
51 792
-
169 511
-
health
398
-
1 306
-
pensions
8 986
-
29 409
-
accident
52
-
170
-
unemployment
336
-
1 102
-
total
9 772
-
31 987
-
Corporate
139 936
201 500
-
-
income
27 988
40 300
-
-
total
27 988
40 300
-
-
Dividends

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

83 961
120 900
-
-
municipal
15 113
21 761
-
-
national
7 070
14 920
-
-
total
22 183
36 681
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 941
76 981
98 697
75 617
After tax
127 559
124 519
102 803
125 883
Living cost
37 794
37 794
37 794
37 794
Free-cash
89 765
86 725
65 009
88 089

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124115
₽118754
₽113527
₽111830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
44 115
health
-
-
-
5 139
social contributions
-
-
-
15 927
total
-
-
-
65 181
Employee
75 696
75 696
189 520
-
social contributions
2 862
6 282
8 474
-
income
8 242
7 007
43 202
-
health
587
1 287
3 222
-
total
11 691
14 576
54 898
-
Employer
75 696
75 696
189 520
-
social contributions
2 862
6 282
8 474
-
health
637
1 401
3 506
-
total
3 499
7 683
11 980
-
Corporate
163 519
118 120
-
-
income
20 441
14 765
-
-
total
20 441
14 765
-
-
Dividends
143 078
103 355
-
-
withholding
24 323
17 569
-
-
total
24 323
17 569
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 954
54 593
66 878
65 181
After tax
141 546
146 907
134 622
136 319
Living cost
22 792
22 792
22 792
22 792
Free-cash
118 754
124 115
111 830
113 527

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151233
₽146227
₽155285
₽135541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
201 500
unemployment
-
-
-
28
income
-
-
-
20 734
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
30 586
Employee

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

22 596
-
191 879
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
18 293
-
health
1 920
-
7 939
-
total
6 966
-
40 710
-
Employer

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

22 596
-
191 879
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
176 579
201 500
-
-
income
15 892
18 135
-
-
total
15 892
18 135
-
-
Dividends
160 687
183 365
-
-
withholding
14 461
16 503
-
-
total
14 461
16 503
-
-
Income
201 500
201 500
201 500
201 500
Total tax
39 644
34 638
50 330
30 586
After tax
161 856
166 862
151 170
170 914
Living cost
15 629
15 629
15 629
15 629
Free-cash
146 227
151 233
135 541
155 285

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106904
₽102556
₽85696
₽81566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
61 360
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
88 734
Employee
36 399
-
172 412
-
pensions
1 711
-
4 289
-
unemployment
564
-
1 414
-
income
7 018
-
57 981
-
other
35
-
92
-
total
9 328
-
63 776
-
Employer
36 399
-
172 412
-
pensions
8 590
-
21 534
-
accident
721
-
1 806
-
other
291
-
730
-
unemployment
2 003
-
5 018
-
total
11 605
-
29 088
-
Corporate
153 496
201 500
-
-
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.

23 024
30 226
-
-
total
23 024
30 226
-
-
Dividends
130 472
171 274
-
-
withholding
27 917
37 300
-
-
total
27 917
37 300
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 874
67 526
92 864
88 734
After tax
129 626
133 974
108 636
112 766
Living cost
27 070
27 070
27 070
27 070
Free-cash
102 556
106 904
81 566
85 696

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124070
₽123797
₽128330
₽128211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
69 407
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
71 504
Employee
2 538
-
200 133
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
69 343
-
health
127
-
304
-
total
871
-
70 255
-
Employer
2 538
-
200 133
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
198 391
201 500
-
-
income
43 646
44 330
-
-
total
43 646
44 330
-
-
Dividends
154 745
157 170
-
-
withholding
30 949
31 434
-
-
total
30 949
31 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 037
75 764
71 623
71 504
After tax
125 463
125 736
129 877
129 996
Living cost
1 666
1 666
1 666
1 666
Free-cash
123 797
124 070
128 211
128 330

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128589
₽123753
₽110782
₽110782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
unemployment
-
-
-
1 089
income
-
-
-
46 270
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
73 723
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.

25 628
-
188 500
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
46 270
-
health
1 320
-
3 740
-
total
8 633
-
60 723
-
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.

25 628
-
188 500
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
171 285
201 500
-
-
income
25 693
30 225
-
-
total
25 693
30 225
-
-
Dividends
145 592
171 275
-
-
withholding
21 839
25 691
-
-
total
21 839
25 691
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 752
55 916
73 723
73 723
After tax
140 748
145 584
127 777
127 777
Living cost
16 995
16 995
16 995
16 995
Free-cash
123 753
128 589
110 782
110 782

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88074
₽87722
₽79571
₽64295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
income
-
-
-
25 368
surtax
-
-
-
-
social contributions

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

-
-
-
70 022
total
-
-
-
95 390
Employee
38 207
-
162 829
-
social contributions
4 203
-
17 911
-
income
7 465
-
54 084
-
surtax
-
-
-
-
total
11 668
-
71 995
-
Employer
38 207
-
162 829
-
social contributions
9 073
-
38 671
-
total
9 073
-
38 671
-
Corporate
154 220
201 500
-
-
income
32 385
42 314
-
-
surtax
-
-
-
-
total
32 385
42 314
-
-
Dividends
121 834
159 186
-
-
withholding
34 113
44 573
-
-
total
34 113
44 573
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 239
86 887
110 666
95 390
After tax
114 261
114 613
90 834
106 110
Living cost
26 539
26 539
26 539
26 539
Free-cash
87 722
88 074
64 295
79 571

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99378
₽92935
₽78170
₽74040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
61 360
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
88 734
Employee
47 542
-
172 412
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
57 981
-
other
47
-
92
-
total
12 947
-
63 776
-
Employer
47 542
-
172 412
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
138 800
201 500
-
-
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.

20 820
30 226
-
-
total
20 820
30 226
-
-
Dividends
117 980
171 274
-
-
withholding
25 044
37 300
-
-
total
25 044
37 300
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 969
67 526
92 864
88 734
After tax
127 531
133 974
108 636
112 766
Living cost
34 596
34 596
34 596
34 596
Free-cash
92 935
99 378
74 040
78 170

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155230
₽149189
₽144976
₽153168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
139
income
-
-
-
30 225
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
39 471
Employee
22 581
-
194 706
-
pensions

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

1 982
-
3 040
-
income
2 258
-
19 471
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
24 485
-
Employer
22 581
-
194 706
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
174 489
201 500
-
-
income
17 449
20 150
-
-
total
17 449
20 150
-
-
Dividends
157 040
181 350
-
-
withholding
7 852
9 067
-
-
total
7 852
9 067
-
-
Income
201 500
201 500
201 500
201 500
Total tax
35 258
29 217
31 279
39 471
After tax
166 242
172 283
170 221
162 029
Living cost
17 053
17 053
17 053
17 053
Free-cash
149 189
155 230
153 168
144 976

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65651
₽78526
₽65422
₽87770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
trade
-
-
-
22 348
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.

-
-
-
65 402
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.

-
-
-
6 725
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.

-
-
-
3 598
total
-
-
-
98 073
Employee

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

48 980
-
201 500
-
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.

4 028
-
65 402
-
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.

222
-
3 598
-
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.

6 725
-
6 725
-
total
10 975
-
75 725
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 520
201 500
-
-
income
22 879
30 226
-
-
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.

1 259
1 663
-
-
trade
21 887
28 914
-
-
chamber of commerce
374
445
-
-
total
46 399
61 248
-
-
Dividends
106 122
140 253
-
-
surtax

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

1 438
1 907
-
-
withholding
26 157
34 689
-
-
total
27 595
36 596
-
-
Income
201 500
201 500
201 500
201 500
Total tax
84 969
97 844
75 725
98 073
After tax
116 531
103 656
125 775
103 427
Living cost
38 005
38 005
38 005
38 005
Free-cash
78 526
65 651
87 770
65 422

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84974
₽87148
₽46825
₽46825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
64 330
social contributions
-
-
-
34 269
total
-
-
-
98 599
Employee
77 003
-
201 500
-
social contributions
6 397
-
34 269
-
income
14 530
-
64 330
-
total
20 927
-
98 599
-
Employer
77 003
-
201 500
-
total
-
-
-
-
Corporate
124 497
201 500
-
-
income
15 561
25 188
-
-
total
15 561
25 188
-
-
Dividends
108 936
176 312
-
-
withholding
21 788
35 262
-
-
total
21 788
35 262
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 276
60 450
98 599
98 599
After tax
143 224
141 050
102 901
102 901
Living cost
56 076
56 076
56 076
56 076
Free-cash
87 148
84 974
46 825
46 825

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90041
₽93479
₽129448
₽105821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
income
-
-
-
30 226
health

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

-
-
-
6 092
total
-
-
-
36 318
Employee
45 159
-
196 972
-
social contributions
4 525
-
4 528
-
income
4 900
-
50 889
-
total
9 425
-
55 417
-
Employer
45 159
-
196 972
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
151 817
201 500
-
-
income
53 136
70 524
-
-
total
53 136
70 524
-
-
Dividends
98 681
130 976
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
201 500
201 500
201 500
201 500
Total tax
72 287
75 725
59 945
36 318
After tax
129 213
125 775
141 555
165 182
Living cost
35 734
35 734
35 734
35 734
Free-cash
93 479
90 041
105 821
129 448

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92193
₽98058
₽94796
₽76706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 458
pensions
-
-
-
9 453
total
-
-
-
69 911
Employee
50 504
-
175 772
-
pensions
3 855
-
11 429
-
income
9 197
-
48 399
-
health
659
-
2 444
-
total
13 711
-
62 272
-
Employer
50 504
-
175 772
-
health
960
-
3 340
-
pensions
5 103
-
22 389
-
total
6 063
-
25 729
-
Corporate
144 934
201 500
-
-
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.

27 537
38 285
-
-
total
27 537
38 285
-
-
Dividends
117 397
163 215
-
-
withholding
19 338
34 229
-
-
total
19 338
34 229
-
-
Income
201 500
201 500
201 500
201 500
Total tax
66 649
72 514
88 001
69 911
After tax
134 851
128 986
113 499
131 589
Living cost
36 793
36 793
36 793
36 793
Free-cash
98 058
92 193
76 706
94 796

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6941
₽12752
₽114377
₽87225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
accident
-
-
-
247
income
-
-
-
57 059
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
63 861
Employee
36 592
-
183 194
-
pensions
4 120
-
7 450
-
income
5 020
-
44 281
-
health
4 190
-
20 976
-
total
13 330
-
72 707
-
Employer
36 592
-
183 194
-
pensions
5 950
-
10 758
-
accident
611
-
3 060
-
unemployment
896
-
4 488
-
total
7 457
-
18 306
-
Corporate
157 452
201 500
-
-
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.

141 707
181 350
-
-
total
141 707
181 350
-
-
Dividends
15 745
20 150
-
-
withholding
2 992
3 829
-
-
total
2 992
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
165 486
185 179
91 013
63 861
After tax
36 014
16 321
110 487
137 639
Living cost
23 262
23 262
23 262
23 262
Free-cash
12 752
-6 941
87 225
114 377

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140840
₽151648
₽111223
₽132886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
201 500
unemployment
-
-
-
1 891
health insurance
-
-
-
11 658
income
-
-
-
33 645
work injury
-
-
-
788
pensions
-
-
-
28 988
total
-
-
-
76 970
Employee

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

21 291
-
201 500
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
33 645
-
health insurance
1 575
-
5 829
-
total
7 982
-
55 307
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 209
201 500
-
-
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%.

1 802
20 150
-
-
total
1 802
20 150
-
-
Dividends
178 407
181 350
-
-
withholding
26 761
27 203
-
-
total
26 761
27 203
-
-
Income
201 500
201 500
201 500
201 500
Total tax
36 545
47 353
55 307
76 970
After tax
164 955
154 147
146 193
124 530
Living cost
13 307
13 307
13 307
13 307
Free-cash
151 648
140 840
132 886
111 223

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66922
₽62443
₽54205
₽46048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
municipal
-
-
-
1 369
national
-
-
-
52 701
regional
-
-
-
4 740
social contributions
-
-
-
49 269
total
-
-
-
108 079
Employee
82 952
-
201 500
-
national
14 018
-
46 176
-
social contributions
27 971
-
64 593
-
municipal
495
-
1 233
-
regional
1 252
-
4 234
-
total
43 736
-
116 236
-
Employer
82 952
-
201 500
-
total
-
-
-
-
Corporate
118 548
201 500
-
-
municipal
5 715
9 712
-
-
nationa
28 451
48 359
-
-
total
34 166
58 071
-
-
Dividends
84 382
143 428
-
-
withholding
21 939
37 291
-
-
total
21 939
37 291
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 841
95 362
116 236
108 079
After tax
101 659
106 138
85 264
93 421
Living cost
39 216
39 216
39 216
39 216
Free-cash
62 443
66 922
46 048
54 205

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
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.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close