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
₽72681
₽96462
₽71712
₽83231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
65 997
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.

-
-
-
3 630
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.

-
-
-
6 517
trade
-
-
-
24 750
total
-
-
-
100 894
Employee

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

36 486
-
201 500
-
surtax

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

56
-
3 630
-
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.

1 019
-
65 997
-
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.

6 517
-
6 517
-
total
7 592
-
76 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 014
201 500
-
-
income
24 752
30 224
-
-
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.

1 361
1 662
-
-
chamber of commerce
382
434
-
-
trade
25 990
31 736
-
-
total
52 485
64 056
-
-
Dividends
112 529
137 443
-
-
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.

1 528
1 870
-
-
withholding
27 770
33 999
-
-
total
29 298
35 869
-
-
Income
201 500
201 500
201 500
201 500
Total tax
89 375
99 925
76 144
100 894
After tax
112 125
101 575
125 356
100 606
Living cost
28 894
28 894
28 894
28 894
Free-cash
83 231
72 681
96 462
71 712

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74645
₽66605
₽65524
₽73795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 166
municipal
-
-
-
22 244
national
-
-
-
36 295
pensions
-
-
-
24 180
total
-
-
-
84 885
Employee
79 201
-
174 195
-
municipal
9 783
-
23 024
-
pensions
3 168
-
6 968
-
national
15 159
-
38 003
-
total
28 110
-
67 995
-
Employer
79 201
-
174 195
-
pensions
6 336
-
13 936
-
social contributions
851
-
1 873
-
total
7 187
-
15 809
-
Corporate
109 884
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%.

21 977
40 300
-
-
total
21 977
40 300
-
-
Dividends
87 907
161 200
-
-
withholding
19 340
35 464
-
-
total
19 340
35 464
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 614
75 764
83 804
84 885
After tax
124 886
125 736
117 696
116 615
Living cost
51 091
51 091
51 091
51 091
Free-cash
73 795
74 645
66 605
65 524

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141354
₽67071
₽52564
₽133530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
41 158
surtax
-
-
-
51 383
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.

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
129 090
Employee
27 874
-
156 859
-
surtax
-
-
22 744
-
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.

3 067
-
12 505
-
income
4 962
-
34 692
-
total
8 029
-
69 941
-
Employer
27 874
-
156 859
-
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.

6 714
-
27 388
-
surtax
-
-
17 254
-
total
6 714
-
44 642
-
Corporate
166 911
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%.

33 381
40 300
-
-
total
33 381
40 300
-
-
Dividends

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

133 530
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
48 124
40 300
114 583
129 090
After tax
153 376
161 200
86 917
72 410
Living cost
19 846
19 846
19 846
19 846
Free-cash
133 530
141 354
67 071
52 564

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60298
₽88930
₽68954
₽54452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 644
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
92 584
Employee
81 462
81 462
183 772
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
31 940
-
health
12 504
10 635
11 763
-
total
40 501
35 146
54 880
-
Employer
81 462
81 462
183 772
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
106 772
105 773
-
-
income
21 354
21 155
-
-
total
21 354
21 155
-
-
Dividends
85 418
84 618
-
-
income
18 152
17 981
-
-
withholding
12 813
12 692
-
-
total
30 965
30 673
-
-
Income
201 500
201 500
201 500
201 500
Total tax
107 086
101 240
72 608
92 584
After tax
94 414
100 260
128 892
108 916
Living cost
39 962
39 962
39 962
39 962
Free-cash
54 452
60 298
88 930
68 954

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70872
₽61601
₽62550
₽69992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
52 676
national
-
-
-
22 270
pensions
-
-
-
9 275
total
-
-
-
99 803
Employee
55 781
-
174 543
-
municipal
16 634
-
52 049
-
national
-
-
21 745
-
total
16 634
-
73 794
-
Employer
55 781
-
174 543
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
128 193
201 500
-
-
income
28 203
44 330
-
-
total
28 203
44 330
-
-
Dividends
99 991
157 170
-
-
withholding
29 997
47 151
-
-
total
29 997
47 151
-
-
Income
201 500
201 500
201 500
201 500
Total tax
92 361
91 481
100 752
99 803
After tax
109 139
110 019
100 748
101 697
Living cost
39 147
39 147
39 147
39 147
Free-cash
69 992
70 872
61 601
62 550

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63064
₽87881
₽62030
₽76468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
65 997
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.

-
-
-
3 630
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.

-
-
-
6 517
trade
-
-
-
25 851
total
-
-
-
101 995
Employee

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

48 376
-
201 500
-
surtax

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

228
-
3 630
-
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.

4 156
-
65 997
-
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.

6 517
-
6 517
-
total
10 901
-
76 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 124
201 500
-
-
income
22 969
30 224
-
-
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.

1 264
1 662
-
-
chamber of commerce
362
431
-
-
trade
25 188
33 146
-
-
total
49 783
65 463
-
-
Dividends
103 341
136 037
-
-
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.

1 401
1 850
-
-
withholding
25 472
33 648
-
-
total
26 873
35 498
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 557
100 961
76 144
101 995
After tax
113 943
100 539
125 356
99 505
Living cost
37 475
37 475
37 475
37 475
Free-cash
76 468
63 064
87 881
62 030

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115947
₽103428
₽105109
₽111989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 878
social contributions
-
-
-
15 434
health
-
-
-
5 138
total
-
-
-
65 450
Employee
73 353
73 353
189 778
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
43 973
-
health
730
1 247
3 226
-
total
11 997
14 125
55 410
-
Employer
73 353
73 353
189 778
-
health
795
1 358
3 510
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
11 721
-
Corporate
154 203
120 701
-
-
income
19 276
15 087
-
-
total
19 276
15 087
-
-
Dividends
134 927
105 614
-
-
withholding
22 938
17 954
-
-
total
22 938
17 954
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 570
54 612
67 131
65 450
After tax
142 930
146 888
134 369
136 050
Living cost
30 941
30 941
30 941
30 941
Free-cash
111 989
115 947
103 428
105 109

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95587
₽99271
₽122050
₽95952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 633
unemployment
-
-
-
3 022
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.

25 319
10 077
168 619
-
unemployment
380
151
2 529
-
pensions
2 532
1 008
16 862
-
income
3 095
1 232
20 614
-
health
1 772
705
11 803
-
total
7 779
3 096
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.

25 319
10 077
168 619
-
pensions
4 937
1 965
32 881
-
total
4 937
1 965
32 881
-
Corporate
171 244
189 458
-
-
income
15 412
17 051
-
-
total
15 412
17 051
-
-
Dividends
155 832
172 407
-
-
social contributions
30 272
33 504
-
-
withholding
29 608
32 757
-
-
total
59 880
66 261
-
-
Income
201 500
201 500
201 500
201 500
Total tax
88 008
88 373
84 689
61 910
After tax
113 492
113 127
116 811
139 590
Living cost
17 540
17 540
17 540
17 540
Free-cash
95 952
95 587
99 271
122 050

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138159
₽93100
₽84964
₽132234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 002
health
-
-
-
26 195
pensions
-
-
-
40 298
total
-
-
-
93 495
Employee
27 062
-
150 597
-
unemployment
433
-
2 409
-
pensions
541
-
3 012
-
income
3 047
-
29 035
-
total
4 021
-
34 456
-
Employer
27 062
-
150 597
-
health
3 517
-
19 578
-
pensions
5 413
-
30 119
-
unemployment
217
-
1 206
-
total
9 147
-
50 903
-
Corporate
165 291
201 500
-
-
income
33 057
40 300
-
-
total
33 057
40 300
-
-
Dividends
132 234
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
46 225
40 300
85 359
93 495
After tax
155 275
161 200
116 141
108 005
Living cost
23 041
23 041
23 041
23 041
Free-cash
132 234
138 159
93 100
84 964

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5009
₽89199
₽116305
₽13051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
57 111
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
63 864
Employee
33 555
-
183 267
-
pensions
3 778
-
7 397
-
income
4 603
-
44 356
-
health
3 842
-
20 984
-
total
12 223
-
72 737
-
Employer
33 555
-
183 267
-
pensions
5 456
-
10 682
-
accident
560
-
3 061
-
unemployment
822
-
4 490
-
total
6 838
-
18 233
-
Corporate
161 106
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.

144 996
181 350
-
-
total
144 996
181 350
-
-
Dividends
16 110
20 150
-
-
withholding
3 061
3 828
-
-
total
3 061
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
167 118
185 178
90 970
63 864
After tax
34 382
16 322
110 530
137 636
Living cost
21 331
21 331
21 331
21 331
Free-cash
13 051
-5 009
89 199
116 305

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183633
₽153408
₽191693
₽182172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 740
-
201 500
-
income
1 948
-
40 300
-
total
1 948
-
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%.

191 760
201 500
-
-
total
-
-
-
-
Dividends
191 760
201 500
-
-
withholding
9 588
10 075
-
-
total
9 588
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
11 536
10 075
40 300
2 015
After tax
189 964
191 425
161 200
199 485
Living cost
7 792
7 792
7 792
7 792
Free-cash
182 172
183 633
153 408
191 693

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122624
₽91983
₽93677
₽116181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 316
other
-
-
-
6 890
health
-
-
-
6 383
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.

-
-
-
34 815
total
-
-
-
82 404
Employee
34 636
-
164 788
-
unemployment
346
-
1 450
-
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.

2 424
-
10 154
-
income
5 963
-
33 751
-
health
485
-
2 031
-
total
9 218
-
47 386
-
Employer
34 636
-
164 788
-
health
485
-
2 031
-
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.

5 889
-
24 661
-
accident
277
-
1 318
-
unemployment
346
-
1 450
-
other
1 732
-
7 252
-
total
8 729
-
36 712
-
Corporate
158 134
201 500
-
-
income
33 208
42 315
-
-
total
33 208
42 315
-
-
Dividends
124 927
159 185
-
-
withholding
8 745
11 142
-
-
total
8 745
11 142
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 900
53 457
84 098
82 404
After tax
141 600
148 043
117 402
119 096
Living cost
25 419
25 419
25 419
25 419
Free-cash
116 181
122 624
91 983
93 677

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64856
₽49668
₽67713
₽72474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 285
pensions
-
-
-
9 211
total
-
-
-
70 496
Employee
89 547
-
175 700
-
pensions
8 639
-
11 074
-
income
16 142
-
49 255
-
health
1 476
-
2 412
-
total
26 257
-
62 741
-
Employer
89 547
-
175 700
-
health
1 701
-
3 339
-
pensions
10 573
-
22 461
-
total
12 274
-
25 800
-
Corporate
99 679
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.

18 939
38 284
-
-
total
18 939
38 284
-
-
Dividends
80 740
163 216
-
-
withholding
8 265
35 069
-
-
total
8 265
35 069
-
-
Income
201 500
201 500
201 500
201 500
Total tax
65 735
73 353
88 541
70 496
After tax
135 765
128 147
112 959
131 004
Living cost
63 291
63 291
63 291
63 291
Free-cash
72 474
64 856
49 668
67 713

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159774
₽158132
₽149870
₽155344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 225
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
39 122
Employee
16 563
-
194 962
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
19 496
-
health
762
-
1 533
-
total
4 054
-
24 322
-
Employer
16 563
-
194 962
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
181 688
201 500
-
-
income
18 169
20 150
-
-
total
18 169
20 150
-
-
Dividends
163 519
181 350
-
-
withholding
8 176
9 068
-
-
total
8 176
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
33 648
29 218
30 860
39 122
After tax
167 852
172 282
170 640
162 378
Living cost
12 508
12 508
12 508
12 508
Free-cash
155 344
159 774
158 132
149 870

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47363
₽75995
₽56019
₽49761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 644
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
92 584
Employee
88 442
81 462
183 772
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
31 940
-
health
11 034
10 635
11 763
-
total
35 545
35 146
54 880
-
Employer
88 442
81 462
183 772
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
97 573
105 773
-
-
income
19 515
21 155
-
-
total
19 515
21 155
-
-
Dividends
78 058
84 618
-
-
income
16 588
17 981
-
-
withholding
11 709
12 692
-
-
total
28 297
30 673
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 842
101 240
72 608
92 584
After tax
102 658
100 260
128 892
108 916
Living cost
52 897
52 897
52 897
52 897
Free-cash
49 761
47 363
75 995
56 019

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114996
₽85146
₽93761
₽106526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 021
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
1 622
health
-
-
-
27 202
total
-
-
-
84 002
Employee
34 907
-
158 033
-
solidarity contribution
-
-
848
-
social contributions
2 269
-
7 603
-
income
4 189
-
19 364
-
health
4 713
-
21 335
-
total
11 171
-
49 150
-
Employer
34 907
-
158 033
-
health
3 142
-
14 223
-
social contributions
8 727
-
29 244
-
total
11 869
-
43 467
-
Corporate
154 724
201 500
-
-
income
29 398
38 285
-
-
total
29 398
38 285
-
-
Dividends
125 327
163 215
-
-
withholding
18 799
24 482
-
-
total
18 799
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 237
62 767
92 617
84 002
After tax
130 263
138 733
108 883
117 498
Living cost
23 737
23 737
23 737
23 737
Free-cash
106 526
114 996
85 146
93 761

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67256
₽47948
₽56037
₽62274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 744
regional
-
-
-
2 486
municipal
-
-
-
1 229
national
-
-
-
53 751
total
-
-
-
105 210
Employee
84 780
-
201 500
-
municipal
449
-
1 112
-
national
14 690
-
47 366
-
regional
800
-
2 227
-
social contributions
28 588
-
62 594
-
total
44 527
-
113 299
-
Employer
84 780
-
201 500
-
total
-
-
-
-
Corporate
116 720
201 500
-
-
municipal
4 553
7 858
-
-
nationa
28 012
48 360
-
-
total
32 565
56 218
-
-
Dividends
84 155
145 282
-
-
withholding
21 881
37 773
-
-
total
21 881
37 773
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 973
93 991
113 299
105 210
After tax
102 527
107 509
88 201
96 290
Living cost
40 253
40 253
40 253
40 253
Free-cash
62 274
67 256
47 948
56 037

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105695
₽68029
₽73860
₽102723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 656
other
-
-
-
-
surtax
-
-
-
10 215
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
106 590
Employee
31 546
-
174 701
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
9 073
-
income
5 288
-
55 950
-
health
806
-
3 246
-
total
10 497
-
85 622
-
Employer
31 546
-
174 701
-
health
1 436
-
5 793
-
pensions
4 205
-
16 971
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 799
-
Corporate
163 314
201 500
-
-
income
42 462
52 389
-
-
total
42 462
52 389
-
-
Dividends
120 852
149 111
-
-
withholding
18 128
22 366
-
-
total
18 128
22 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 727
74 755
112 421
106 590
After tax
123 773
126 745
89 079
94 910
Living cost
21 050
21 050
21 050
21 050
Free-cash
102 723
105 695
68 029
73 860

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84908
₽69720
₽87765
₽91161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 285
pensions
-
-
-
9 211
total
-
-
-
70 496
Employee
60 012
-
175 700
-
pensions
5 094
-
11 074
-
income
10 808
-
49 255
-
health
871
-
2 412
-
total
16 773
-
62 741
-
Employer
60 012
-
175 700
-
health
1 140
-
3 339
-
pensions
6 496
-
22 461
-
total
7 636
-
25 800
-
Corporate
133 851
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.

25 431
38 284
-
-
total
25 431
38 284
-
-
Dividends
108 421
163 216
-
-
withholding
17 260
35 069
-
-
total
17 260
35 069
-
-
Income
201 500
201 500
201 500
201 500
Total tax
67 100
73 353
88 541
70 496
After tax
134 400
128 147
112 959
131 004
Living cost
43 239
43 239
43 239
43 239
Free-cash
91 161
84 908
69 720
87 765

Estimated living cost  is ₽43239 per week

₽32394
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.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15733
₽76446
₽84723
₽48424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 031
regional
-
-
-
10 756
health
-
-
-
453
city
-
-
-
2 123
national
-
-
-
4 468
pensions
-
-
-
18 539
total
-
-
-
40 370
Employee
89 415
-
180 816
-
unemployment
-
-
-
-
pensions
7 512
-
14 671
-
national
423
-
3 496
-
regional
2 928
-
9 431
-
city
960
-
1 949
-
health
202
-
406
-
total
12 025
-
29 953
-
Employer
89 415
-
180 816
-
health
202
-
406
-
pensions
7 512
-
14 671
-
unemployment
-
-
-
-
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.

1 788
-
3 617
-
total
9 502
-
18 694
-
Corporate
101 600
201 500
-
-
regional
21 488
42 618
-
-
national
8 637
17 128
-
-
total
30 125
59 746
-
-
Dividends
71 475
141 755
-
-
withholding
25 017
49 614
-
-
total
25 017
49 614
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 669
109 360
48 647
40 370
After tax
124 831
92 140
152 853
161 130
Living cost
76 407
76 407
76 407
76 407
Free-cash
48 424
15 733
76 446
84 723

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55800
₽81656
₽54705
₽71273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
65 997
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.

-
-
-
3 630
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.

-
-
-
6 517
trade
-
-
-
26 951
total
-
-
-
103 095
Employee

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

57 330
-
201 500
-
surtax

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

371
-
3 630
-
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.

6 741
-
65 997
-
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.

6 517
-
6 517
-
total
13 629
-
76 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 170
201 500
-
-
income
21 626
30 224
-
-
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.

1 189
1 662
-
-
chamber of commerce
348
429
-
-
trade
24 725
34 558
-
-
total
47 888
66 873
-
-
Dividends
96 283
134 627
-
-
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.

1 303
1 832
-
-
withholding
23 707
33 295
-
-
total
25 010
35 127
-
-
Income
201 500
201 500
201 500
201 500
Total tax
86 527
102 000
76 144
103 095
After tax
114 973
99 500
125 356
98 405
Living cost
43 700
43 700
43 700
43 700
Free-cash
71 273
55 800
81 656
54 705

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68917
₽73690
₽78762
₽74555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 808
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 742
health
-
-
-
9 565
pensions
-
-
-
32 739
total
-
-
-
90 101
Employee
40 827
-
154 270
-
pensions
4 616
-
11 425
-
surtax
-
-
-
-
social contributions
1 164
-
4 395
-
income
2 409
-
32 123
-
total
8 189
-
47 943
-
Employer
40 827
-
154 270
-
health
2 858
-
15 099
-
pensions
6 707
-
19 106
-
unemployment
1 653
-
6 247
-
social contributions
123
-
463
-
other
1 408
-
6 315
-
total
12 749
-
47 230
-
Corporate
147 923
201 500
-
-
income
41 419
56 421
-
-
surtax
-
-
-
-
total
41 419
56 421
-
-
Dividends
106 504
145 079
-
-
surtax
-
-
-
-
social contributions
18 318
24 955
-
-
withholding
13 633
18 570
-
-
total
31 951
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 308
99 946
95 173
90 101
After tax
107 192
101 554
106 327
111 399
Living cost
32 637
32 637
32 637
32 637
Free-cash
74 555
68 917
73 690
78 762

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72150
₽76923
₽81995
₽77452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 808
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 742
health
-
-
-
9 565
pensions
-
-
-
32 739
total
-
-
-
90 101
Employee
36 444
-
154 270
-
pensions
4 122
-
11 425
-
surtax
-
-
-
-
social contributions
1 039
-
4 395
-
income
1 879
-
32 123
-
total
7 040
-
47 943
-
Employer
36 444
-
154 270
-
health
2 551
-
15 099
-
pensions
5 988
-
19 106
-
unemployment
1 475
-
6 247
-
social contributions
109
-
463
-
other
1 258
-
6 315
-
total
11 381
-
47 230
-
Corporate
153 675
201 500
-
-
income
43 028
56 421
-
-
surtax
-
-
-
-
total
43 028
56 421
-
-
Dividends
110 647
145 079
-
-
surtax
-
-
-
-
social contributions
19 031
24 955
-
-
withholding
14 164
18 570
-
-
total
33 195
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 644
99 946
95 173
90 101
After tax
106 856
101 554
106 327
111 399
Living cost
29 404
29 404
29 404
29 404
Free-cash
77 452
72 150
76 923
81 995

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102704
₽104036
₽109176
₽103200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 224
social contributions
-
-
-
27 808
health
-
-
-
14 064
total
-
-
-
72 096
Employee
32 344
-
201 500
-
social contributions
4 464
-
27 808
-
income
5 395
-
35 364
-
health
2 257
-
14 064
-
total
12 116
-
77 236
-
Employer
32 344
-
201 500
-
total
-
-
-
-
Corporate
169 156
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%.

8 458
10 074
-
-
total
8 458
10 074
-
-
Dividends
160 698
191 426
-
-
social contributions
22 176
26 417
-
-
withholding
24 106
28 715
-
-
health
11 216
13 362
-
-
total
57 498
68 494
-
-
Income
201 500
201 500
201 500
201 500
Total tax
78 072
78 568
77 236
72 096
After tax
123 428
122 932
124 264
129 404
Living cost
20 228
20 228
20 228
20 228
Free-cash
103 200
102 704
104 036
109 176

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77560
₽19353
₽69826
₽76082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 074
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
806
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
98 061
Employee
47 673
38 016
165 307
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
51 738
-
health
1 845
1 472
4 312
-
total
14 060
9 688
71 921
-
Employer
47 673
38 016
165 307
-
chamber of commerce
190
152
661
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
4 958
-
other
2 265
1 805
7 393
-
total
13 906
11 128
36 191
-
Corporate
139 920
152 355
161 688
-
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.

34 980
38 088
40 422
-
total
34 980
38 088
40 422
-
Dividends
104 940
114 267
-
-
withholding
28 859
31 423
-
-
total
28 859
31 423
-
-
Income
201 500
201 500
201 500
201 500
Total tax
91 805
90 327
148 534
98 061
After tax
109 695
111 173
52 966
103 439
Living cost
33 613
33 613
33 613
33 613
Free-cash
76 082
77 560
19 353
69 826

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76524
₽34292
₽52792
₽63534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
10 663
social contributions
-
-
-
23 783
national
-
-
-
79 480
total
-
-
-
113 926
Employee

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

68 236
-
156 069
-
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.

594
-
1 358
-
communal

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

3 559
-
8 141
-
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.

5 118
-
11 705
-
national
20 978
-
58 457
-
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.

3 206
-
7 335
-
total
33 455
-
86 996
-
Employer

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

68 236
-
156 069
-
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.

4 196
-
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.

6 046
-
13 827
-
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.

887
-
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.

996
-
2 279
-
surtax
7 737
-
17 697
-
total
19 862
-
45 430
-
Corporate
113 402
201 500
-
-
income
22 681
42 143
-
-
surtax
454
844
-
-
total
23 135
42 987
-
-
Dividends
90 267
158 513
-
-
withholding

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

26 732
47 207
-
-
total
26 732
47 207
-
-
Income
201 500
201 500
201 500
201 500
Total tax
103 184
90 194
132 426
113 926
After tax
98 316
111 306
69 074
87 574
Living cost
34 782
34 782
34 782
34 782
Free-cash
63 534
76 524
34 292
52 792

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99459
₽74254
₽78255
₽92922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
62 267
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
88 794
Employee
47 485
-
173 312
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
58 992
-
total
13 035
-
64 607
-
Employer
47 485
-
173 312
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
138 880
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.

20 833
30 224
-
-
total
20 833
30 224
-
-
Dividends
118 047
171 276
-
-
withholding
25 123
37 366
-
-
total
25 123
37 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 127
67 590
92 795
88 794
After tax
127 373
133 910
108 705
112 706
Living cost
34 451
34 451
34 451
34 451
Free-cash
92 922
99 459
74 254
78 255

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63331
₽52068
₽44036
₽50299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
12 735
accident
-
-
-
1 698
income
-
-
-
36 842
surtax
-
-
-
9 989
health
-
-
-
14 156
pensions
-
-
-
30 203
total
-
-
-
105 623
Employee
72 241
-
179 990
-
pensions
5 778
-
14 399
-
surtax
4 428
-
11 030
-
income
6 978
-
42 642
-
health
3 215
-
8 010
-
total
20 399
-
76 081
-
Employer
72 241
-
179 990
-
health
2 203
-
5 491
-
pensions
5 778
-
14 399
-
accident
650
-
1 620
-
total
8 631
-
21 510
-
Corporate
120 628
201 500
-
-
communal
8 143
13 601
-
-
income
18 094
30 224
-
-
surtax
1 267
2 116
-
-
total
27 504
45 941
-
-
Dividends
93 124
155 559
-
-
income
28 858
17 053
-
-
withholding
13 968
23 334
-
-
total
42 826
40 387
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 360
86 328
97 591
105 623
After tax
102 140
115 172
103 909
95 877
Living cost
51 841
51 841
51 841
51 841
Free-cash
50 299
63 331
52 068
44 036

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105319
₽67653
₽73484
₽102283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 656
other
-
-
-
-
surtax
-
-
-
10 215
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
106 590
Employee
32 125
-
174 701
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
9 073
-
income
5 386
-
55 950
-
health
820
-
3 246
-
total
10 699
-
85 622
-
Employer
32 125
-
174 701
-
health
1 461
-
5 793
-
pensions
4 283
-
16 971
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 799
-
Corporate
162 612
201 500
-
-
income
42 279
52 389
-
-
total
42 279
52 389
-
-
Dividends
120 333
149 111
-
-
withholding
18 050
22 366
-
-
total
18 050
22 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 791
74 755
112 421
106 590
After tax
123 709
126 745
89 079
94 910
Living cost
21 426
21 426
21 426
21 426
Free-cash
102 283
105 319
67 653
73 484

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80217
₽61911
₽69957
₽78098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 744
regional
-
-
-
3 122
municipal
-
-
-
1 229
national
-
-
-
53 751
total
-
-
-
105 846
Employee
52 916
-
201 500
-
municipal
281
-
1 112
-
national
8 383
-
47 366
-
regional
712
-
2 820
-
social contributions
17 844
-
62 594
-
total
27 220
-
113 892
-
Employer
52 916
-
201 500
-
total
-
-
-
-
Corporate
148 584
201 500
-
-
municipal
7 384
10 014
-
-
nationa
35 661
48 360
-
-
total
43 045
58 374
-
-
Dividends
105 539
143 126
-
-
withholding
27 440
37 212
-
-
total
27 440
37 212
-
-
Income
201 500
201 500
201 500
201 500
Total tax
97 705
95 586
113 892
105 846
After tax
103 795
105 914
87 608
95 654
Living cost
25 697
25 697
25 697
25 697
Free-cash
78 098
80 217
61 911
69 957

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109483
₽79633
₽88248
₽99048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 021
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
1 622
health
-
-
-
27 202
total
-
-
-
84 002
Employee
43 015
-
158 033
-
solidarity contribution
-
-
848
-
social contributions
2 796
-
7 603
-
income
5 162
-
19 364
-
health
5 807
-
21 335
-
total
13 765
-
49 150
-
Employer
43 015
-
158 033
-
health
3 871
-
14 223
-
social contributions
10 754
-
29 244
-
total
14 625
-
43 467
-
Corporate
143 860
201 500
-
-
income
27 333
38 285
-
-
total
27 333
38 285
-
-
Dividends
116 527
163 215
-
-
withholding
17 479
24 482
-
-
total
17 479
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 202
62 767
92 617
84 002
After tax
128 298
138 733
108 883
117 498
Living cost
29 250
29 250
29 250
29 250
Free-cash
99 048
109 483
79 633
88 248

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80840
₽22577
₽73193
₽80368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 074
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
806
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
97 873
Employee
41 699
38 016
165 483
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 270
3 892
11 412
-
income
3 715
2 804
51 823
-
health
1 613
1 472
4 312
-
total
11 265
9 688
72 006
-
Employer
41 699
38 016
165 483
-
chamber of commerce
167
152
663
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
4 964
-
other
1 980
1 805
7 400
-
total
12 001
10 940
36 018
-
Corporate
147 800
152 543
161 862
-
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.

36 949
38 135
40 465
-
total
36 949
38 135
40 465
-
Dividends
110 851
114 408
-
-
withholding
30 483
31 463
-
-
total
30 483
31 463
-
-
Income
201 500
201 500
201 500
201 500
Total tax
90 698
90 226
148 489
97 873
After tax
110 802
111 274
53 011
103 627
Living cost
30 434
30 434
30 434
30 434
Free-cash
80 368
80 840
22 577
73 193

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179283
₽149058
₽187343
₽177006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
201 500
-
income
3 036
-
40 300
-
total
3 036
-
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%.

186 322
201 500
-
-
total
-
-
-
-
Dividends
186 322
201 500
-
-
withholding
9 316
10 075
-
-
total
9 316
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
12 352
10 075
40 300
2 015
After tax
189 148
191 425
161 200
199 485
Living cost
12 142
12 142
12 142
12 142
Free-cash
177 006
179 283
149 058
187 343

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
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.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113146
₽64969
₽69345
₽105167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 639
unemployment
-
-
-
302
health
-
-
-
19 828
pensions
-
-
-
36 799
total
-
-
-
106 568
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.

42 183
-
174 353
-
unemployment
60
-
244
-
pensions
6 539
-
27 026
-
income
7 274
-
45 263
-
health
2 724
-
11 264
-
total
16 597
-
83 797
-
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.

42 183
-
174 353
-
health
2 810
-
11 611
-
pensions
3 733
-
15 431
-
unemployment
25
-
105
-
total
6 568
-
27 147
-
Corporate
152 749
201 500
-
-
income
29 022
38 285
-
-
total
29 022
38 285
-
-
Dividends
123 727
163 215
-
-
withholding
18 559
24 482
-
-
total
18 559
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
70 746
62 767
110 944
106 568
After tax
130 754
138 733
90 556
94 932
Living cost
25 587
25 587
25 587
25 587
Free-cash
105 167
113 146
64 969
69 345

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81227
₽147522
₽97887
₽35626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
Corporate
58 556
201 500
-
-
income
12 882
44 330
-
-
total
12 882
44 330
-
-
Dividends
45 673
157 170
-
-
income
10 048
34 577
-
-
total
10 048
34 577
-
-
Income
201 500
201 500
201 500
201 500
Total tax
124 508
78 907
12 612
62 247
After tax
76 992
122 593
188 888
139 253
Living cost
41 366
41 366
41 366
41 366
Free-cash
35 626
81 227
147 522
97 887

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84690
₽60564
₽75843
₽83731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
-
-
-
25 714
surtax
-
-
-
-
social contributions

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

-
-
-
70 021
total
-
-
-
95 735
Employee
43 874
-
162 829
-
surtax
-
-
2
-
social contributions
4 826
-
17 911
-
income
9 126
-
54 430
-
total
13 952
-
72 343
-
Employer
43 874
-
162 829
-
social contributions
10 420
-
38 671
-
total
10 420
-
38 671
-
Corporate
147 206
201 500
-
-
income
30 914
42 315
-
-
surtax
-
-
-
-
total
30 914
42 315
-
-
Dividends
116 292
159 185
-
-
withholding
32 561
44 573
-
-
total
32 561
44 573
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 847
86 888
111 014
95 735
After tax
113 653
114 612
90 486
105 765
Living cost
29 922
29 922
29 922
29 922
Free-cash
83 731
84 690
60 564
75 843

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55480
₽60253
₽65325
₽62038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 808
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 742
health
-
-
-
9 565
pensions
-
-
-
32 739
total
-
-
-
90 101
Employee
59 747
-
154 270
-
pensions
6 758
-
11 425
-
surtax
-
-
-
-
social contributions
1 702
-
4 395
-
income
5 213
-
32 123
-
total
13 673
-
47 943
-
Employer
59 747
-
154 270
-
health
4 182
-
15 099
-
pensions
9 817
-
19 106
-
unemployment
2 420
-
6 247
-
social contributions
179
-
463
-
other
2 062
-
6 315
-
total
18 660
-
47 230
-
Corporate
123 093
201 500
-
-
income
34 466
56 421
-
-
surtax
-
-
-
-
total
34 466
56 421
-
-
Dividends
88 627
145 079
-
-
surtax
-
-
-
-
social contributions
15 244
24 955
-
-
withholding
11 345
18 570
-
-
total
26 589
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
93 388
99 946
95 173
90 101
After tax
108 112
101 554
106 327
111 399
Living cost
46 074
46 074
46 074
46 074
Free-cash
62 038
55 480
60 253
65 325

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152675
₽123924
₽118571
₽149471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 924
social contributions
-
-
-
44 330
total
-
-
-
54 254
Employee
30 668
-
174 458
-
income
-
-
10 519
-
social contributions
1 993
-
11 340
-
total
1 993
-
21 859
-
Employer
30 668
-
174 458
-
social contributions
4 754
-
27 042
-
total
4 754
-
27 042
-
Corporate
166 078
201 500
-
-
income
16 607
20 150
-
-
total
16 607
20 150
-
-
Dividends
149 471
181 350
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
23 354
20 150
48 901
54 254
After tax
178 146
181 350
152 599
147 246
Living cost
28 675
28 675
28 675
28 675
Free-cash
149 471
152 675
123 924
118 571

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6152
-₽6152
₽70998
-₽6152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
16 054
municipal
-
-
-
42 972
national
-
-
-
24 750
pensions
-
-
-
826
total
-
-
-
84 602
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
161 752
161 752
161 752
84 602
After tax
39 748
39 748
39 748
116 898
Living cost
45 900
45 900
45 900
45 900
Free-cash
-6 152
-6 152
-6 152
70 998

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4695
₽89513
₽116619
₽13096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
57 111
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
63 864
Employee
33 061
-
183 267
-
pensions
3 723
-
7 397
-
income
4 536
-
44 356
-
health
3 786
-
20 984
-
total
12 045
-
72 737
-
Employer
33 061
-
183 267
-
pensions
5 376
-
10 682
-
accident
552
-
3 061
-
unemployment
810
-
4 490
-
total
6 738
-
18 233
-
Corporate
161 702
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.

145 532
181 350
-
-
total
145 532
181 350
-
-
Dividends
16 170
20 150
-
-
withholding
3 072
3 828
-
-
total
3 072
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
167 387
185 178
90 970
63 864
After tax
34 113
16 322
110 530
137 636
Living cost
21 017
21 017
21 017
21 017
Free-cash
13 096
-4 695
89 513
116 619

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87562
₽65398
₽88478
₽90508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 705
municipal
-
-
-
35 784
national
-
-
-
37 909
total
-
-
-
76 398
Employee
50 189
-
169 512
-
municipal
8 220
-
27 596
-
unemployment
753
-
2 543
-
pensions
3 387
-
11 443
-
national
829
-
23 697
-
health
375
-
2 212
-
total
13 564
-
67 491
-
Employer
50 189
-
169 512
-
health
386
-
1 305
-
pensions
8 707
-
29 410
-
accident
51
-
170
-
unemployment
326
-
1 102
-
total
9 470
-
31 987
-
Corporate
141 842
201 500
-
-
income
28 369
40 300
-
-
total
28 369
40 300
-
-
Dividends

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

85 105
120 900
-
-
municipal
15 319
21 761
-
-
national
7 646
15 253
-
-
total
22 965
37 014
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 368
77 314
99 478
76 398
After tax
127 132
124 186
102 022
125 102
Living cost
36 624
36 624
36 624
36 624
Free-cash
90 508
87 562
65 398
88 478

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124802
₽112283
₽113964
₽119612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 878
social contributions
-
-
-
15 434
health
-
-
-
5 138
total
-
-
-
65 450
Employee
73 353
73 353
189 778
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
43 973
-
health
568
1 247
3 226
-
total
11 328
14 125
55 410
-
Employer
73 353
73 353
189 778
-
health
617
1 358
3 510
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
11 721
-
Corporate
164 694
120 701
-
-
income
20 586
15 087
-
-
total
20 586
15 087
-
-
Dividends
144 108
105 614
-
-
withholding
24 498
17 954
-
-
total
24 498
17 954
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 802
54 612
67 131
65 450
After tax
141 698
146 888
134 369
136 050
Living cost
22 086
22 086
22 086
22 086
Free-cash
119 612
124 802
112 283
113 964

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151717
₽136895
₽156029
₽146862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 778
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
30 325
Employee

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

21 896
-
192 177
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
18 412
-
health
1 861
-
7 694
-
total
6 751
-
40 136
-
Employer

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

21 896
-
192 177
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
177 350
201 500
-
-
income
15 961
18 135
-
-
total
15 961
18 135
-
-
Dividends
161 389
183 365
-
-
withholding
14 526
16 502
-
-
total
14 526
16 502
-
-
Income
201 500
201 500
201 500
201 500
Total tax
39 492
34 637
49 459
30 325
After tax
162 008
166 863
152 041
171 175
Living cost
15 146
15 146
15 146
15 146
Free-cash
146 862
151 717
136 895
156 029

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107678
₽82473
₽86474
₽103464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
62 267
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
88 794
Employee
35 273
-
173 312
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
58 992
-
total
9 039
-
64 607
-
Employer
35 273
-
173 312
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
154 982
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.

23 248
30 224
-
-
total
23 248
30 224
-
-
Dividends
131 734
171 276
-
-
withholding
28 271
37 366
-
-
total
28 271
37 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 804
67 590
92 795
88 794
After tax
129 696
133 910
108 705
112 706
Living cost
26 232
26 232
26 232
26 232
Free-cash
103 464
107 678
82 473
86 474

Estimated living cost  is ₽26232 per week

₽17706
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.
₽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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123880
₽127897
₽128029
₽123575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 279
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
71 615
Employee
2 827
-
199 977
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
69 208
-
health
141
-
339
-
total
970
-
70 224
-
Employer
2 827
-
199 977
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
198 036
201 500
-
-
income
43 568
44 330
-
-
total
43 568
44 330
-
-
Dividends
154 468
157 170
-
-
withholding
30 894
31 434
-
-
total
30 894
31 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 069
75 764
71 747
71 615
After tax
125 431
125 736
129 753
129 885
Living cost
1 856
1 856
1 856
1 856
Free-cash
123 575
123 880
127 897
128 029

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129089
₽111969
₽111970
₽124395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
46 391
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
73 035
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.

24 873
-
188 883
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
46 391
-
health
1 281
-
3 630
-
total
8 379
-
60 418
-
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.

24 873
-
188 883
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
172 175
201 500
-
-
income
25 826
30 225
-
-
total
25 826
30 225
-
-
Dividends
146 349
171 275
-
-
withholding
21 952
25 691
-
-
total
21 952
25 691
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 610
55 916
73 036
73 035
After tax
140 890
145 584
128 464
128 465
Living cost
16 495
16 495
16 495
16 495
Free-cash
124 395
129 089
111 969
111 970

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88895
₽64769
₽80048
₽88553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 714
surtax
-
-
-
-
social contributions

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

-
-
-
70 021
total
-
-
-
95 735
Employee
37 024
-
162 829
-
surtax
-
-
2
-
social contributions
4 073
-
17 911
-
income
7 234
-
54 430
-
total
11 307
-
72 343
-
Employer
37 024
-
162 829
-
social contributions
8 792
-
38 671
-
total
8 792
-
38 671
-
Corporate
155 683
201 500
-
-
income
32 694
42 315
-
-
surtax
-
-
-
-
total
32 694
42 315
-
-
Dividends
122 990
159 185
-
-
withholding
34 437
44 573
-
-
total
34 437
44 573
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 230
86 888
111 014
95 735
After tax
114 270
114 612
90 486
105 765
Living cost
25 717
25 717
25 717
25 717
Free-cash
88 553
88 895
64 769
80 048

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100384
₽75179
₽79180
₽94142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
62 267
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
88 794
Employee
46 071
-
173 312
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
58 992
-
total
12 546
-
64 607
-
Employer
46 071
-
173 312
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
140 741
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.

21 111
30 224
-
-
total
21 111
30 224
-
-
Dividends
119 629
171 276
-
-
withholding
25 487
37 366
-
-
total
25 487
37 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 832
67 590
92 795
88 794
After tax
127 668
133 910
108 705
112 706
Living cost
33 526
33 526
33 526
33 526
Free-cash
94 142
100 384
75 179
79 180

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155871
₽154229
₽145967
₽150056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 225
unemployment
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
39 122
Employee
21 731
-
194 962
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
19 496
-
health
1 000
-
1 533
-
total
5 320
-
24 322
-
Employer
21 731
-
194 962
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
175 506
201 500
-
-
income
17 550
20 150
-
-
total
17 550
20 150
-
-
Dividends
157 955
181 350
-
-
withholding
7 898
9 068
-
-
total
7 898
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
35 033
29 218
30 860
39 122
After tax
166 467
172 282
170 640
162 378
Living cost
16 411
16 411
16 411
16 411
Free-cash
150 056
155 871
154 229
145 967

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66819
₽88527
₽65976
₽79298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
65 997
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.

-
-
-
3 630
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.

-
-
-
6 517
trade
-
-
-
22 551
total
-
-
-
98 695
Employee

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

47 464
-
201 500
-
surtax

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

215
-
3 630
-
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.

3 903
-
65 997
-
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.

6 517
-
6 517
-
total
10 635
-
76 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 036
201 500
-
-
income
23 105
30 224
-
-
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.

1 271
1 662
-
-
chamber of commerce
371
440
-
-
trade
22 103
28 915
-
-
total
46 850
61 241
-
-
Dividends
107 186
140 258
-
-
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.

1 454
1 908
-
-
withholding
26 434
34 703
-
-
total
27 888
36 611
-
-
Income
201 500
201 500
201 500
201 500
Total tax
85 373
97 852
76 144
98 695
After tax
116 127
103 648
125 356
102 805
Living cost
36 829
36 829
36 829
36 829
Free-cash
79 298
66 819
88 527
65 976

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86710
₽47934
₽47934
₽88816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 833
social contributions
-
-
-
34 393
total
-
-
-
99 226
Employee
74 619
-
201 500
-
income
14 080
-
64 833
-
social contributions
6 199
-
34 393
-
total
20 279
-
99 226
-
Employer
74 619
-
201 500
-
total
-
-
-
-
Corporate
126 881
201 500
-
-
income
15 860
25 188
-
-
total
15 860
25 188
-
-
Dividends
111 021
176 312
-
-
withholding
22 205
35 262
-
-
total
22 205
35 262
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 344
60 450
99 226
99 226
After tax
143 156
141 050
102 274
102 274
Living cost
54 340
54 340
54 340
54 340
Free-cash
88 816
86 710
47 934
47 934

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91307
₽106601
₽130799
₽94641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 224
health

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

-
-
-
5 849
total
-
-
-
36 073
Employee
43 761
-
197 112
-
income
4 748
-
51 495
-
social contributions
4 384
-
4 388
-
total
9 132
-
55 883
-
Employer
43 761
-
197 112
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
153 355
201 500
-
-
income
53 675
70 525
-
-
total
53 675
70 525
-
-
Dividends
99 680
130 975
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
201 500
201 500
201 500
201 500
Total tax
72 231
75 565
60 271
36 073
After tax
129 269
125 935
141 229
165 427
Living cost
34 628
34 628
34 628
34 628
Free-cash
94 641
91 307
106 601
130 799

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92995
₽77807
₽95852
₽98597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 285
pensions
-
-
-
9 211
total
-
-
-
70 496
Employee
48 251
-
175 700
-
pensions
3 683
-
11 074
-
income
8 787
-
49 255
-
health
629
-
2 412
-
total
13 099
-
62 741
-
Employer
48 251
-
175 700
-
health
917
-
3 339
-
pensions
4 875
-
22 461
-
total
5 792
-
25 800
-
Corporate
147 457
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.

28 017
38 284
-
-
total
28 017
38 284
-
-
Dividends
119 440
163 216
-
-
withholding
20 843
35 069
-
-
total
20 843
35 069
-
-
Income
201 500
201 500
201 500
201 500
Total tax
67 751
73 353
88 541
70 496
After tax
133 749
128 147
112 959
131 004
Living cost
35 152
35 152
35 152
35 152
Free-cash
98 597
92 995
77 807
95 852

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6775
₽87433
₽114539
₽12778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
57 111
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
63 864
Employee
36 333
-
183 267
-
pensions
4 091
-
7 397
-
income
4 985
-
44 356
-
health
4 160
-
20 984
-
total
13 236
-
72 737
-
Employer
36 333
-
183 267
-
pensions
5 908
-
10 682
-
accident
607
-
3 061
-
unemployment
890
-
4 490
-
total
7 405
-
18 233
-
Corporate
157 763
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.

141 987
181 350
-
-
total
141 987
181 350
-
-
Dividends
15 776
20 150
-
-
withholding
2 997
3 828
-
-
total
2 997
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
165 625
185 178
90 970
63 864
After tax
35 875
16 322
110 530
137 636
Living cost
23 097
23 097
23 097
23 097
Free-cash
12 778
-6 775
87 433
114 539

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
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.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141277
₽133946
₽112995
₽138394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 732
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 276
pensions
-
-
-
28 037
total
-
-
-
75 635
Employee

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

20 592
-
201 500
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
33 732
-
total
7 722
-
54 684
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 908
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%.

18 091
20 150
-
-
total
18 091
20 150
-
-
Dividends
162 817
181 350
-
-
withholding
24 423
27 203
-
-
total
24 423
27 203
-
-
Income
201 500
201 500
201 500
201 500
Total tax
50 236
47 353
54 684
75 635
After tax
151 264
154 147
146 816
125 865
Living cost
12 870
12 870
12 870
12 870
Free-cash
138 394
141 277
133 946
112 995

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68133
₽47978
₽55817
₽63793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 744
regional
-
-
-
4 802
municipal
-
-
-
1 383
national
-
-
-
53 751
total
-
-
-
107 680
Employee
80 385
-
201 500
-
municipal
480
-
1 251
-
national
13 584
-
47 366
-
regional
1 214
-
4 308
-
social contributions
27 105
-
62 594
-
total
42 383
-
115 519
-
Employer
80 385
-
201 500
-
total
-
-
-
-
Corporate
121 115
201 500
-
-
municipal
5 838
9 712
-
-
nationa
29 068
48 360
-
-
total
34 906
58 072
-
-
Dividends
86 210
143 428
-
-
withholding
22 415
37 292
-
-
total
22 415
37 292
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 704
95 364
115 519
107 680
After tax
101 796
106 136
85 981
93 820
Living cost
38 003
38 003
38 003
38 003
Free-cash
63 793
68 133
47 978
55 817

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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