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
₽71281
₽95694
₽71284
₽82350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 086
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.

-
-
-
3 579
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.

-
-
-
6 835
trade
-
-
-
24 410
total
-
-
-
99 910
Employee

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

38 269
-
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.

59
-
3 579
-
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.

1 069
-
65 086
-
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.

6 835
-
6 835
-
total
7 963
-
75 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 231
201 500
-
-
income
24 484
30 226
-
-
surtax

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

1 346
1 663
-
-
chamber of commerce
387
441
-
-
trade
25 709
31 737
-
-
total
51 926
64 067
-
-
Dividends
111 305
137 433
-
-
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.

1 509
1 868
-
-
withholding
27 446
33 978
-
-
total
28 955
35 846
-
-
Income
201 500
201 500
201 500
201 500
Total tax
88 844
99 913
75 500
99 910
After tax
112 656
101 587
126 000
101 590
Living cost
30 306
30 306
30 306
30 306
Free-cash
82 350
71 281
95 694
71 284

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72685
₽65275
₽64194
₽71803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 196
national
-
-
-
35 713
pensions
-
-
-
24 180
total
-
-
-
84 255
Employee
82 238
-
174 195
-
municipal
10 158
-
22 976
-
pensions
3 290
-
6 968
-
national
15 740
-
37 421
-
total
29 188
-
67 365
-
Employer
82 238
-
174 195
-
pensions
6 579
-
13 936
-
social contributions
884
-
1 873
-
total
7 463
-
15 809
-
Corporate
106 371
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%.

21 274
40 300
-
-
total
21 274
40 300
-
-
Dividends
85 097
161 200
-
-
withholding
18 721
35 464
-
-
total
18 721
35 464
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 646
75 764
83 174
84 255
After tax
124 854
125 736
118 326
117 245
Living cost
53 051
53 051
53 051
53 051
Free-cash
71 803
72 685
65 275
64 194

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140384
₽65550
₽50888
₽132179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 078
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
129 796
Employee
29 236
-
155 652
-
surtax
-
-
22 570
-
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.

3 216
-
13 116
-
income
5 204
-
33 601
-
total
8 420
-
69 287
-
Employer
29 236
-
155 652
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
17 121
-
total
7 042
-
45 847
-
Corporate
165 221
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%.

33 043
40 300
-
-
total
33 043
40 300
-
-
Dividends

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

132 178
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
48 505
40 300
115 134
129 796
After tax
152 995
161 200
86 366
71 704
Living cost
20 816
20 816
20 816
20 816
Free-cash
132 179
140 384
65 550
50 888

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58223
₽86719
₽67572
₽52094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 953
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
92 014
Employee
85 442
85 442
182 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
30 212
-
health
13 114
11 155
12 338
-
total
42 480
36 864
54 273
-
Employer
85 442
85 442
182 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
102 144
101 096
-
-
income
20 428
20 219
-
-
total
20 428
20 219
-
-
Dividends
81 716
80 876
-
-
income
17 364
17 187
-
-
withholding
12 258
12 131
-
-
total
29 622
29 318
-
-
Income
201 500
201 500
201 500
201 500
Total tax
107 492
101 363
72 867
92 014
After tax
94 008
100 137
128 633
109 486
Living cost
41 914
41 914
41 914
41 914
Free-cash
52 094
58 223
86 719
67 572

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68918
₽60134
₽61130
₽67995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
52 306
national
-
-
-
20 867
pensions
-
-
-
9 738
total
-
-
-
99 269
Employee
58 565
-
173 197
-
municipal
17 464
-
51 647
-
national
-
-
20 315
-
total
17 464
-
71 962
-
Employer
58 565
-
173 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
124 534
201 500
-
-
income
27 398
44 330
-
-
total
27 398
44 330
-
-
Dividends
97 136
157 170
-
-
withholding
29 141
47 151
-
-
total
29 141
47 151
-
-
Income
201 500
201 500
201 500
201 500
Total tax
92 404
91 481
100 265
99 269
After tax
109 096
110 019
101 235
102 231
Living cost
41 101
41 101
41 101
41 101
Free-cash
67 995
68 918
60 134
61 130

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61246
₽86695
₽61201
₽75307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 086
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.

-
-
-
3 579
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.

-
-
-
6 835
trade
-
-
-
25 494
total
-
-
-
100 994
Employee

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

50 740
-
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.

239
-
3 579
-
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.

4 359
-
65 086
-
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.

6 835
-
6 835
-
total
11 433
-
75 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 760
201 500
-
-
income
22 614
30 226
-
-
surtax

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

1 244
1 663
-
-
chamber of commerce
366
439
-
-
trade
24 799
33 146
-
-
total
49 023
65 474
-
-
Dividends
101 737
136 026
-
-
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.

1 378
1 849
-
-
withholding
25 054
33 626
-
-
total
26 432
35 475
-
-
Income
201 500
201 500
201 500
201 500
Total tax
86 888
100 949
75 500
100 994
After tax
114 612
100 551
126 000
100 506
Living cost
39 305
39 305
39 305
39 305
Free-cash
75 307
61 246
86 695
61 201

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114461
₽102303
₽104009
₽110309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 712
social contributions
-
-
-
16 188
health
-
-
-
5 138
total
-
-
-
65 038
Employee
76 937
76 937
189 384
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
42 795
-
health
765
1 308
3 220
-
total
12 583
14 815
54 628
-
Employer
76 937
76 937
189 384
-
health
834
1 424
3 503
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 116
-
Corporate
151 892
116 754
-
-
income
18 987
14 594
-
-
total
18 987
14 594
-
-
Dividends
132 905
102 160
-
-
withholding
22 595
17 368
-
-
total
22 595
17 368
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 738
54 586
66 744
65 038
After tax
142 762
146 914
134 756
136 462
Living cost
32 453
32 453
32 453
32 453
Free-cash
110 309
114 461
102 303
104 009

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94773
₽98440
₽121219
₽95155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 520
10 554
168 619
-
unemployment
398
158
2 529
-
pensions
2 652
1 055
16 862
-
income
3 242
1 290
20 614
-
health
1 856
739
11 803
-
total
8 148
3 242
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.

26 520
10 554
168 619
-
pensions
5 171
2 058
32 881
-
total
5 171
2 058
32 881
-
Corporate
169 809
188 887
-
-
income
15 283
17 000
-
-
total
15 283
17 000
-
-
Dividends
154 526
171 888
-
-
social contributions
30 012
33 397
-
-
withholding
29 360
32 659
-
-
total
59 372
66 056
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 974
88 356
84 689
61 910
After tax
113 526
113 144
116 811
139 590
Living cost
18 371
18 371
18 371
18 371
Free-cash
95 155
94 773
98 440
121 219

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137033
₽91975
₽83836
₽130817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 300
total
-
-
-
93 497
Employee
28 384
-
150 597
-
unemployment
454
-
2 409
-
pensions
568
-
3 011
-
income
3 196
-
29 035
-
total
4 218
-
34 455
-
Employer
28 384
-
150 597
-
health
3 689
-
19 578
-
pensions
5 677
-
30 119
-
unemployment
228
-
1 206
-
total
9 594
-
50 903
-
Corporate
163 522
201 500
-
-
income
32 704
40 300
-
-
total
32 704
40 300
-
-
Dividends
130 818
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
46 516
40 300
85 358
93 497
After tax
154 984
161 200
116 142
108 003
Living cost
24 167
24 167
24 167
24 167
Free-cash
130 817
137 033
91 975
83 836

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5980
₽87955
₽115361
₽12901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
56 776
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
63 837
Employee
35 083
-
182 800
-
pensions
3 950
-
7 734
-
income
4 813
-
43 879
-
health
4 017
-
20 930
-
total
12 780
-
72 543
-
Employer
35 083
-
182 800
-
pensions
5 705
-
11 169
-
accident
586
-
3 053
-
unemployment
859
-
4 478
-
total
7 150
-
18 700
-
Corporate
159 268
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.

143 341
181 350
-
-
total
143 341
181 350
-
-
Dividends
15 927
20 150
-
-
withholding
3 026
3 828
-
-
total
3 026
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 297
185 178
91 243
63 837
After tax
35 203
16 322
110 257
137 663
Living cost
22 302
22 302
22 302
22 302
Free-cash
12 901
-5 980
87 955
115 361

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183360
₽153135
₽191420
₽181848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
201 500
microenterprise

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

-
-
-
2 015
total
-
-
-
2 015
Employee
10 081
-
201 500
-
income
2 016
-
40 300
-
total
2 016
-
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%.

191 419
201 500
-
-
total
-
-
-
-
Dividends
191 419
201 500
-
-
withholding
9 571
10 075
-
-
total
9 571
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
11 587
10 075
40 300
2 015
After tax
189 913
191 425
161 200
199 485
Living cost
8 065
8 065
8 065
8 065
Free-cash
181 848
183 360
153 135
191 420

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121381
₽89154
₽90871
₽114625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
33 531
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
83 969
Employee
36 329
-
163 072
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
32 958
-
health
509
-
2 130
-
total
9 668
-
47 259
-
Employer
36 329
-
163 072
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 304
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 427
-
Corporate
156 016
201 500
-
-
income
32 762
42 315
-
-
total
32 762
42 315
-
-
Dividends
123 253
159 185
-
-
withholding
8 628
11 144
-
-
total
8 628
11 144
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 215
53 459
85 686
83 969
After tax
141 285
148 041
115 814
117 531
Living cost
26 660
26 660
26 660
26 660
Free-cash
114 625
121 381
89 154
90 871

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62681
₽47188
₽65278
₽70667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 436
pensions
-
-
-
9 458
total
-
-
-
69 894
Employee
93 844
-
175 773
-
pensions
9 053
-
11 439
-
income
16 916
-
48 375
-
health
1 546
-
2 444
-
total
27 515
-
62 258
-
Employer
93 844
-
175 773
-
health
1 782
-
3 340
-
pensions
11 080
-
22 386
-
total
12 862
-
25 726
-
Corporate
94 794
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.

18 011
38 284
-
-
total
18 011
38 284
-
-
Dividends
76 783
163 216
-
-
withholding
6 117
34 207
-
-
total
6 117
34 207
-
-
Income
201 500
201 500
201 500
201 500
Total tax
64 505
72 491
87 984
69 894
After tax
136 995
129 009
113 516
131 606
Living cost
66 328
66 328
66 328
66 328
Free-cash
70 667
62 681
47 188
65 278

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
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.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159169
₽157009
₽148833
₽154523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
39 554
Employee
17 364
-
194 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
19 464
-
health
799
-
1 607
-
total
4 251
-
24 523
-
Employer
17 364
-
194 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
180 729
201 500
-
-
income
18 073
20 150
-
-
total
18 073
20 150
-
-
Dividends
162 656
181 350
-
-
withholding
8 133
9 068
-
-
total
8 133
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
33 864
29 218
31 378
39 554
After tax
167 636
172 282
170 122
161 946
Living cost
13 113
13 113
13 113
13 113
Free-cash
154 523
159 169
157 009
148 833

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44655
₽73151
₽54004
₽47172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 953
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
92 014
Employee
92 763
85 442
182 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
30 212
-
health
11 573
11 155
12 338
-
total
37 282
36 864
54 273
-
Employer
92 763
85 442
182 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
92 495
101 096
-
-
income
18 499
20 219
-
-
total
18 499
20 219
-
-
Dividends
73 996
80 876
-
-
income
15 723
17 187
-
-
withholding
11 100
12 131
-
-
total
26 823
29 318
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 846
101 363
72 867
92 014
After tax
102 654
100 137
128 633
109 486
Living cost
55 482
55 482
55 482
55 482
Free-cash
47 172
44 655
73 151
54 004

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113873
₽83272
₽91764
₽105004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 779
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
1 121
health
-
-
-
27 203
total
-
-
-
84 876
Employee
36 559
-
156 764
-
solidarity contribution
-
-
359
-
social contributions
2 376
-
7 963
-
income
4 387
-
19 146
-
health
4 936
-
21 163
-
total
11 699
-
48 631
-
Employer
36 559
-
156 764
-
health
3 290
-
14 109
-
social contributions
9 140
-
30 628
-
total
12 430
-
44 737
-
Corporate
152 511
201 500
-
-
income
28 977
38 285
-
-
total
28 977
38 285
-
-
Dividends
123 534
163 215
-
-
withholding
18 530
24 482
-
-
total
18 530
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 636
62 767
93 368
84 876
After tax
129 864
138 733
108 132
116 624
Living cost
24 860
24 860
24 860
24 860
Free-cash
105 004
113 873
83 272
91 764

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65289
₽44801
₽53411
₽60065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
2 437
municipal
-
-
-
1 211
national
-
-
-
52 145
total
-
-
-
105 870
Employee
88 922
-
201 500
-
municipal
471
-
1 086
-
national
15 408
-
45 577
-
regional
839
-
2 165
-
social contributions
29 985
-
65 652
-
total
46 703
-
114 480
-
Employer
88 922
-
201 500
-
total
-
-
-
-
Corporate
112 578
201 500
-
-
municipal
4 390
7 859
-
-
nationa
27 019
48 360
-
-
total
31 409
56 219
-
-
Dividends
81 169
145 281
-
-
withholding
21 104
37 773
-
-
total
21 104
37 773
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 216
93 992
114 480
105 870
After tax
102 284
107 508
87 020
95 630
Living cost
42 219
42 219
42 219
42 219
Free-cash
60 065
65 289
44 801
53 411

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104665
₽66822
₽72941
₽101551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 237
other
-
-
-
-
surtax
-
-
-
9 828
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
106 480
Employee
33 087
-
173 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
8 632
-
income
5 546
-
54 254
-
health
845
-
3 404
-
total
11 008
-
84 491
-
Employer
33 087
-
173 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
161 448
201 500
-
-
income
41 977
52 389
-
-
total
41 977
52 389
-
-
Dividends
119 471
149 111
-
-
withholding
17 920
22 367
-
-
total
17 920
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 870
74 756
112 599
106 480
After tax
123 630
126 744
88 901
95 020
Living cost
22 079
22 079
22 079
22 079
Free-cash
101 551
104 665
66 822
72 941

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83696
₽68203
₽86293
₽90248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 436
pensions
-
-
-
9 458
total
-
-
-
69 894
Employee
62 892
-
175 773
-
pensions
5 338
-
11 439
-
income
11 327
-
48 375
-
health
913
-
2 444
-
total
17 578
-
62 258
-
Employer
62 892
-
175 773
-
health
1 195
-
3 340
-
pensions
6 808
-
22 386
-
total
8 003
-
25 726
-
Corporate
130 606
201 500
-
-
income

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

24 814
38 284
-
-
total
24 814
38 284
-
-
Dividends
105 791
163 216
-
-
withholding
15 544
34 207
-
-
total
15 544
34 207
-
-
Income
201 500
201 500
201 500
201 500
Total tax
65 939
72 491
87 984
69 894
After tax
135 561
129 009
113 516
131 606
Living cost
45 313
45 313
45 313
45 313
Free-cash
90 248
83 696
68 203
86 293

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12896
₽73736
₽82352
₽46802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 030
regional
-
-
-
10 559
health
-
-
-
454
city
-
-
-
2 125
national
-
-
-
4 196
pensions
-
-
-
18 538
total
-
-
-
39 902
Employee
92 738
-
180 617
-
unemployment
-
-
-
-
pensions
7 791
-
14 876
-
national
439
-
3 197
-
regional
3 037
-
9 198
-
city
995
-
1 944
-
health
210
-
407
-
total
12 472
-
29 622
-
Employer
92 738
-
180 617
-
health
210
-
407
-
pensions
7 791
-
14 876
-
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.

1 854
-
3 613
-
total
9 855
-
18 896
-
Corporate
97 887
201 500
-
-
regional
20 703
42 618
-
-
national
8 320
17 127
-
-
total
29 023
59 745
-
-
Dividends
68 863
141 755
-
-
withholding
24 102
49 613
-
-
total
24 102
49 613
-
-
Income
201 500
201 500
201 500
201 500
Total tax
75 452
109 358
48 518
39 902
After tax
126 048
92 142
152 982
161 598
Living cost
79 246
79 246
79 246
79 246
Free-cash
46 802
12 896
73 736
82 352

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽53679
₽80165
₽53585
₽69904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 086
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.

-
-
-
3 579
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.

-
-
-
6 835
trade
-
-
-
26 580
total
-
-
-
102 080
Employee

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

60 131
-
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.

389
-
3 579
-
income

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

7 071
-
65 086
-
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.

6 835
-
6 835
-
total
14 295
-
75 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 369
201 500
-
-
income
21 205
30 226
-
-
surtax

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

1 166
1 663
-
-
chamber of commerce
351
435
-
-
trade
24 245
34 557
-
-
total
46 967
66 881
-
-
Dividends
94 402
134 620
-
-
surtax

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

1 278
1 830
-
-
withholding
23 221
33 275
-
-
total
24 499
35 105
-
-
Income
201 500
201 500
201 500
201 500
Total tax
85 761
101 986
75 500
102 080
After tax
115 739
99 514
126 000
99 420
Living cost
45 835
45 835
45 835
45 835
Free-cash
69 904
53 679
80 165
53 585

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67324
₽73642
₽78076
₽73231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 374
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 740
health
-
-
-
9 309
pensions
-
-
-
33 522
total
-
-
-
89 192
Employee
42 822
-
154 731
-
pensions
4 842
-
11 265
-
surtax
-
-
-
-
social contributions
1 221
-
4 409
-
income
2 527
-
31 182
-
total
8 590
-
46 856
-
Employer
42 822
-
154 731
-
health
2 998
-
14 916
-
pensions
7 035
-
18 874
-
unemployment
1 734
-
6 266
-
social contributions
129
-
463
-
other
1 477
-
6 251
-
total
13 373
-
46 770
-
Corporate
145 306
201 500
-
-
income
40 686
56 420
-
-
surtax
-
-
-
-
total
40 686
56 420
-
-
Dividends
104 620
145 080
-
-
surtax
-
-
-
-
social contributions
17 996
24 955
-
-
withholding
13 392
18 569
-
-
total
31 388
43 524
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 037
99 944
93 626
89 192
After tax
107 463
101 556
107 874
112 308
Living cost
34 232
34 232
34 232
34 232
Free-cash
73 231
67 324
73 642
78 076

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
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.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70716
₽77034
₽81468
₽76273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 374
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 740
health
-
-
-
9 309
pensions
-
-
-
33 522
total
-
-
-
89 192
Employee
38 224
-
154 731
-
pensions
4 323
-
11 265
-
surtax
-
-
-
-
social contributions
1 090
-
4 409
-
income
1 971
-
31 182
-
total
7 384
-
46 856
-
Employer
38 224
-
154 731
-
health
2 675
-
14 916
-
pensions
6 281
-
18 874
-
unemployment
1 547
-
6 266
-
social contributions
114
-
463
-
other
1 320
-
6 251
-
total
11 937
-
46 770
-
Corporate
151 338
201 500
-
-
income
42 376
56 420
-
-
surtax
-
-
-
-
total
42 376
56 420
-
-
Dividends
108 963
145 080
-
-
surtax
-
-
-
-
social contributions
18 742
24 955
-
-
withholding
13 948
18 569
-
-
total
32 690
43 524
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 387
99 944
93 626
89 192
After tax
107 113
101 556
107 874
112 308
Living cost
30 840
30 840
30 840
30 840
Free-cash
76 273
70 716
77 034
81 468

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101717
₽103291
₽108187
₽102236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
30 226
social contributions
-
-
-
27 807
health
-
-
-
14 064
total
-
-
-
72 097
Employee
33 924
-
201 500
-
social contributions
4 682
-
27 807
-
income
5 658
-
35 122
-
health
2 368
-
14 064
-
total
12 708
-
76 993
-
Employer
33 924
-
201 500
-
total
-
-
-
-
Corporate
167 576
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%.

8 379
10 075
-
-
total
8 379
10 075
-
-
Dividends
159 197
191 425
-
-
social contributions
21 970
26 417
-
-
withholding
23 880
28 714
-
-
health
11 111
13 361
-
-
total
56 961
68 492
-
-
Income
201 500
201 500
201 500
201 500
Total tax
78 048
78 567
76 993
72 097
After tax
123 452
122 933
124 507
129 403
Living cost
21 216
21 216
21 216
21 216
Free-cash
102 236
101 717
103 291
108 187

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75995
₽17823
₽68235
₽74448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 305
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
805
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
98 010
Employee
50 003
39 873
164 207
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
49 860
-
health
1 935
1 544
4 523
-
total
14 747
10 162
71 030
-
Employer
50 003
39 873
164 207
-
chamber of commerce
199
159
657
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
4 925
-
other
2 375
1 893
7 397
-
total
14 584
11 672
37 289
-
Corporate
136 911
149 954
160 412
-
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.

34 228
37 488
40 103
-
total
34 228
37 488
40 103
-
Dividends
102 683
112 465
-
-
withholding
28 238
30 928
-
-
total
28 238
30 928
-
-
Income
201 500
201 500
201 500
201 500
Total tax
91 797
90 250
148 422
98 010
After tax
109 703
111 250
53 078
103 490
Living cost
35 255
35 255
35 255
35 255
Free-cash
74 448
75 995
17 823
68 235

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75411
₽33056
₽51041
₽61152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
10 593
social contributions
-
-
-
24 945
national
-
-
-
78 440
total
-
-
-
113 978
Employee

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

71 569
-
156 064
-
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.

623
-
1 358
-
communal

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

3 733
-
8 140
-
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.

5 368
-
11 706
-
national
22 003
-
57 996
-
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.

3 363
-
7 335
-
total
35 090
-
86 535
-
Employer

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

71 569
-
156 064
-
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.

4 401
-
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.

6 342
-
13 826
-
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.

930
-
2 030
-
unemployment

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

1 044
-
2 278
-
surtax
8 115
-
17 696
-
total
20 832
-
45 428
-
Corporate
109 098
201 500
-
-
income
21 820
41 346
-
-
surtax
437
828
-
-
total
22 257
42 174
-
-
Dividends
86 841
159 326
-
-
withholding

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

25 688
47 434
-
-
total
25 688
47 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
103 867
89 608
131 963
113 978
After tax
97 633
111 892
69 537
87 522
Living cost
36 481
36 481
36 481
36 481
Free-cash
61 152
75 411
33 056
51 041

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97874
₽72467
₽76665
₽91020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
60 880
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
88 701
Employee
49 805
-
171 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
57 445
-
total
13 671
-
63 334
-
Employer
49 805
-
171 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
135 820
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.

20 373
30 226
-
-
total
20 373
30 226
-
-
Dividends
115 447
171 274
-
-
withholding
24 427
37 266
-
-
total
24 427
37 266
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 346
67 492
92 899
88 701
After tax
127 154
134 008
108 601
112 799
Living cost
36 134
36 134
36 134
36 134
Free-cash
91 020
97 874
72 467
76 665

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
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.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61560
₽50452
₽42422
₽48043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 699
income
-
-
-
35 921
surtax
-
-
-
9 989
health
-
-
-
14 157
pensions
-
-
-
30 203
total
-
-
-
104 704
Employee
75 770
-
179 991
-
pensions
6 061
-
14 400
-
surtax
4 644
-
11 032
-
income
7 319
-
41 724
-
health
3 372
-
8 009
-
total
21 396
-
75 165
-
Employer
75 770
-
179 991
-
health
2 311
-
5 489
-
pensions
6 061
-
14 400
-
accident
682
-
1 620
-
total
9 054
-
21 509
-
Corporate
116 677
201 500
-
-
communal
7 876
13 601
-
-
income
17 502
30 226
-
-
surtax
1 225
2 115
-
-
total
26 603
45 942
-
-
Dividends
90 074
155 559
-
-
income
28 519
16 291
-
-
withholding
13 511
23 333
-
-
total
42 030
39 624
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 083
85 566
96 674
104 704
After tax
102 417
115 934
104 826
96 796
Living cost
54 374
54 374
54 374
54 374
Free-cash
48 043
61 560
50 452
42 422

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104271
₽66428
₽72547
₽101089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 237
other
-
-
-
-
surtax
-
-
-
9 828
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
106 480
Employee
33 695
-
173 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
8 632
-
income
5 649
-
54 254
-
health
860
-
3 404
-
total
11 222
-
84 491
-
Employer
33 695
-
173 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
160 712
201 500
-
-
income
41 785
52 389
-
-
total
41 785
52 389
-
-
Dividends
118 927
149 111
-
-
withholding
17 838
22 367
-
-
total
17 838
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 938
74 756
112 599
106 480
After tax
123 562
126 744
88 901
95 020
Living cost
22 473
22 473
22 473
22 473
Free-cash
101 089
104 271
66 428
72 547

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78961
₽59475
₽68042
₽76740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
3 073
municipal
-
-
-
1 211
national
-
-
-
52 145
total
-
-
-
106 506
Employee
55 502
-
201 500
-
municipal
294
-
1 086
-
national
8 793
-
45 577
-
regional
747
-
2 758
-
social contributions
18 716
-
65 652
-
total
28 550
-
115 073
-
Employer
55 502
-
201 500
-
total
-
-
-
-
Corporate
145 998
201 500
-
-
municipal
7 257
10 014
-
-
nationa
35 039
48 360
-
-
total
42 296
58 374
-
-
Dividends
103 703
143 126
-
-
withholding
26 962
37 213
-
-
total
26 962
37 213
-
-
Income
201 500
201 500
201 500
201 500
Total tax
97 808
95 587
115 073
106 506
After tax
103 692
105 913
86 427
94 994
Living cost
26 952
26 952
26 952
26 952
Free-cash
76 740
78 961
59 475
68 042

Estimated living cost  is ₽26952 per week

₽16762
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.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108099
₽77498
₽85990
₽97169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 779
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
1 121
health
-
-
-
27 203
total
-
-
-
84 876
Employee
45 050
-
156 764
-
solidarity contribution
-
-
359
-
social contributions
2 928
-
7 963
-
income
5 406
-
19 146
-
health
6 082
-
21 163
-
total
14 416
-
48 631
-
Employer
45 050
-
156 764
-
health
4 055
-
14 109
-
social contributions
11 263
-
30 628
-
total
15 318
-
44 737
-
Corporate
141 132
201 500
-
-
income
26 815
38 285
-
-
total
26 815
38 285
-
-
Dividends
114 317
163 215
-
-
withholding
17 148
24 482
-
-
total
17 148
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 697
62 767
93 368
84 876
After tax
127 803
138 733
108 132
116 624
Living cost
30 634
30 634
30 634
30 634
Free-cash
97 169
108 099
77 498
85 990

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79436
₽21205
₽71766
₽78939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 305
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
805
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
97 813
Employee
43 737
39 873
164 393
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
49 950
-
health
1 692
1 544
4 523
-
total
11 816
10 162
71 120
-
Employer
43 737
39 873
164 393
-
chamber of commerce
175
159
657
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
4 931
-
other
2 077
1 893
7 405
-
total
12 587
11 475
37 106
-
Corporate
145 177
150 151
160 596
-
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.

36 294
37 538
40 148
-
total
36 294
37 538
40 148
-
Dividends
108 883
112 613
-
-
withholding
29 943
30 968
-
-
total
29 943
30 968
-
-
Income
201 500
201 500
201 500
201 500
Total tax
90 640
90 143
148 374
97 813
After tax
110 860
111 357
53 126
103 687
Living cost
31 921
31 921
31 921
31 921
Free-cash
78 939
79 436
21 205
71 766

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178857
₽148632
₽186917
₽176500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
201 500
-
income
3 142
-
40 300
-
total
3 142
-
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%.

185 790
201 500
-
-
total
-
-
-
-
Dividends
185 790
201 500
-
-
withholding
9 290
10 075
-
-
total
9 290
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
12 432
10 075
40 300
2 015
After tax
189 068
191 425
161 200
199 485
Living cost
12 568
12 568
12 568
12 568
Free-cash
176 500
178 857
148 632
186 917

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111895
₽64826
₽69202
₽103526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 534
unemployment
-
-
-
302
health
-
-
-
19 826
pensions
-
-
-
36 799
total
-
-
-
105 461
Employee

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

44 244
-
174 352
-
unemployment
63
-
245
-
pensions
6 858
-
27 024
-
income
7 630
-
44 157
-
health
2 858
-
11 263
-
total
17 409
-
82 689
-
Employer

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

44 244
-
174 352
-
health
2 947
-
11 613
-
pensions
3 915
-
15 431
-
unemployment
27
-
104
-
total
6 889
-
27 148
-
Corporate
150 367
201 500
-
-
income
28 570
38 286
-
-
total
28 570
38 286
-
-
Dividends
121 797
163 214
-
-
withholding
18 269
24 482
-
-
total
18 269
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 137
62 768
109 837
105 461
After tax
130 363
138 732
91 663
96 039
Living cost
26 837
26 837
26 837
26 837
Free-cash
103 526
111 895
64 826
69 202

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78782
₽144332
₽95442
₽30485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
50 108
201 500
-
-
income
11 024
44 330
-
-
total
11 024
44 330
-
-
Dividends
39 084
157 170
-
-
income
8 599
34 577
-
-
total
8 599
34 577
-
-
Income
201 500
201 500
201 500
201 500
Total tax
127 204
78 907
13 357
62 247
After tax
74 296
122 593
188 143
139 253
Living cost
43 811
43 811
43 811
43 811
Free-cash
30 485
78 782
144 332
95 442

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83229
₽59630
₽74908
₽82222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 187
surtax
-
-
-
-
social contributions

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

-
-
-
70 021
total
-
-
-
95 208
Employee
46 017
-
162 829
-
surtax
-
-
-
-
social contributions
5 062
-
17 911
-
income
9 572
-
53 904
-
total
14 634
-
71 815
-
Employer
46 017
-
162 829
-
social contributions
10 929
-
38 671
-
total
10 929
-
38 671
-
Corporate
144 554
201 500
-
-
income
30 357
42 315
-
-
surtax
-
-
-
-
total
30 357
42 315
-
-
Dividends
114 197
159 185
-
-
withholding
31 974
44 572
-
-
total
31 974
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 894
86 887
110 486
95 208
After tax
113 606
114 613
91 014
106 292
Living cost
31 384
31 384
31 384
31 384
Free-cash
82 222
83 229
59 630
74 908

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53231
₽59549
₽63983
₽60106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 374
other
-
-
-
6 247
surtax
-
-
-
-
social contributions
-
-
-
5 740
health
-
-
-
9 309
pensions
-
-
-
33 522
total
-
-
-
89 192
Employee
62 666
-
154 731
-
pensions
7 088
-
11 265
-
surtax
-
-
-
-
social contributions
1 785
-
4 409
-
income
5 468
-
31 182
-
total
14 341
-
46 856
-
Employer
62 666
-
154 731
-
health
4 386
-
14 916
-
pensions
10 297
-
18 874
-
unemployment
2 539
-
6 266
-
social contributions
188
-
463
-
other
2 163
-
6 251
-
total
19 573
-
46 770
-
Corporate
119 262
201 500
-
-
income
33 393
56 420
-
-
surtax
-
-
-
-
total
33 393
56 420
-
-
Dividends
85 869
145 080
-
-
surtax
-
-
-
-
social contributions
14 770
24 955
-
-
withholding
10 992
18 569
-
-
total
25 762
43 524
-
-
Income
201 500
201 500
201 500
201 500
Total tax
93 069
99 944
93 626
89 192
After tax
108 431
101 556
107 874
112 308
Living cost
48 325
48 325
48 325
48 325
Free-cash
60 106
53 231
59 549
63 983

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151275
₽122807
₽117453
₽147913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 642
social contributions
-
-
-
44 329
total
-
-
-
53 971
Employee
32 166
-
174 458
-
income
-
-
10 236
-
social contributions
2 090
-
11 339
-
total
2 090
-
21 575
-
Employer
32 166
-
174 458
-
social contributions
4 986
-
27 042
-
total
4 986
-
27 042
-
Corporate
164 348
201 500
-
-
income
16 435
20 149
-
-
total
16 435
20 149
-
-
Dividends
147 912
181 351
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
23 511
20 149
48 617
53 971
After tax
177 989
181 351
152 883
147 529
Living cost
30 076
30 076
30 076
30 076
Free-cash
147 913
151 275
122 807
117 453

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽16383
-₽16383
₽69214
-₽16383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 051
municipal
-
-
-
42 726
national
-
-
-
24 481
pensions
-
-
-
867
total
-
-
-
84 125
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
169 722
169 722
169 722
84 125
After tax
31 778
31 778
31 778
117 375
Living cost
48 161
48 161
48 161
48 161
Free-cash
-16 383
-16 383
-16 383
69 214

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5651
₽88284
₽115690
₽12952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
56 776
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
63 837
Employee
34 565
-
182 800
-
pensions
3 892
-
7 734
-
income
4 742
-
43 879
-
health
3 958
-
20 930
-
total
12 592
-
72 543
-
Employer
34 565
-
182 800
-
pensions
5 620
-
11 169
-
accident
577
-
3 053
-
unemployment
847
-
4 478
-
total
7 044
-
18 700
-
Corporate
159 890
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.

143 901
181 350
-
-
total
143 901
181 350
-
-
Dividends
15 989
20 150
-
-
withholding
3 038
3 828
-
-
total
3 038
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 575
185 178
91 243
63 837
After tax
34 925
16 322
110 257
137 663
Living cost
21 973
21 973
21 973
21 973
Free-cash
12 952
-5 651
88 284
115 690

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86282
₽64803
₽87881
₽89371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 685
municipal
-
-
-
35 787
national
-
-
-
36 733
total
-
-
-
75 205
Employee
52 641
-
169 514
-
municipal
8 622
-
27 600
-
unemployment
790
-
2 542
-
pensions
3 553
-
11 442
-
national
870
-
22 521
-
health
393
-
2 193
-
total
14 228
-
66 298
-
Employer
52 641
-
169 514
-
health
404
-
1 304
-
pensions
9 133
-
29 411
-
accident
53
-
169
-
unemployment
342
-
1 101
-
total
9 932
-
31 985
-
Corporate
138 927
201 500
-
-
income
27 786
40 300
-
-
total
27 786
40 300
-
-
Dividends

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

83 356
120 900
-
-
municipal
15 004
21 761
-
-
national
6 765
14 743
-
-
total
21 769
36 504
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 715
76 804
98 283
75 205
After tax
127 785
124 696
103 217
126 295
Living cost
38 414
38 414
38 414
38 414
Free-cash
89 371
86 282
64 803
87 881

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123749
₽111591
₽113297
₽118304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 712
social contributions
-
-
-
16 188
health
-
-
-
5 138
total
-
-
-
65 038
Employee
76 937
76 937
189 384
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
42 795
-
health
596
1 308
3 220
-
total
11 882
14 815
54 628
-
Employer
76 937
76 937
189 384
-
health
647
1 424
3 503
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 116
-
Corporate
162 896
116 754
-
-
income
20 362
14 594
-
-
total
20 362
14 594
-
-
Dividends
142 534
102 160
-
-
withholding
24 231
17 368
-
-
total
24 231
17 368
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 031
54 586
66 744
65 038
After tax
141 469
146 914
134 756
136 462
Living cost
23 165
23 165
23 165
23 165
Free-cash
118 304
123 749
111 591
113 297

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150975
₽134821
₽154891
₽145886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 709
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
30 723
Employee

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

22 966
-
191 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
18 230
-
health
1 952
-
8 070
-
total
7 080
-
41 015
-
Employer

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

22 966
-
191 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
176 170
201 500
-
-
income
15 856
18 135
-
-
total
15 856
18 135
-
-
Dividends
160 314
183 365
-
-
withholding
14 428
16 504
-
-
total
14 428
16 504
-
-
Income
201 500
201 500
201 500
201 500
Total tax
39 728
34 639
50 793
30 723
After tax
161 772
166 861
150 707
170 777
Living cost
15 886
15 886
15 886
15 886
Free-cash
145 886
150 975
134 821
154 891

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106494
₽81087
₽85285
₽102076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
60 880
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
88 701
Employee
36 996
-
171 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
57 445
-
total
9 481
-
63 334
-
Employer
36 996
-
171 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
152 709
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.

22 906
30 226
-
-
total
22 906
30 226
-
-
Dividends
129 803
171 274
-
-
withholding
27 729
37 266
-
-
total
27 729
37 266
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 910
67 492
92 899
88 701
After tax
129 590
134 008
108 601
112 799
Living cost
27 514
27 514
27 514
27 514
Free-cash
102 076
106 494
81 087
85 285

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123796
₽127758
₽127896
₽123477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 223
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
71 664
Employee
2 954
-
199 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
69 149
-
health
148
-
354
-
total
1 015
-
70 211
-
Employer
2 954
-
199 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
197 881
201 500
-
-
income
43 534
44 330
-
-
total
43 534
44 330
-
-
Dividends
154 347
157 170
-
-
withholding
30 869
31 434
-
-
total
30 869
31 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 083
75 764
71 802
71 664
After tax
125 417
125 736
129 698
129 836
Living cost
1 940
1 940
1 940
1 940
Free-cash
123 477
123 796
127 758
127 896

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128282
₽110053
₽110054
₽123358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 196
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
74 144
Employee

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

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

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

26 090
-
188 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
46 196
-
health
1 344
-
3 808
-
total
8 789
-
60 910
-
Employer

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

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

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

26 090
-
188 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
170 740
201 500
-
-
income
25 611
30 225
-
-
total
25 611
30 225
-
-
Dividends
145 129
171 275
-
-
withholding
21 769
25 691
-
-
total
21 769
25 691
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 840
55 916
74 145
74 144
After tax
140 660
145 584
127 355
127 356
Living cost
17 302
17 302
17 302
17 302
Free-cash
123 358
128 282
110 053
110 054

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87639
₽64040
₽79318
₽87280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 187
surtax
-
-
-
-
social contributions

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

-
-
-
70 021
total
-
-
-
95 208
Employee
38 833
-
162 829
-
surtax
-
-
-
-
social contributions
4 272
-
17 911
-
income
7 588
-
53 904
-
total
11 860
-
71 815
-
Employer
38 833
-
162 829
-
social contributions
9 222
-
38 671
-
total
9 222
-
38 671
-
Corporate
153 445
201 500
-
-
income
32 223
42 315
-
-
surtax
-
-
-
-
total
32 223
42 315
-
-
Dividends
121 221
159 185
-
-
withholding
33 941
44 572
-
-
total
33 941
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 246
86 887
110 486
95 208
After tax
114 254
114 613
91 014
106 292
Living cost
26 974
26 974
26 974
26 974
Free-cash
87 280
87 639
64 040
79 318

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98844
₽73438
₽77635
₽92296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
835
income
-
-
-
60 880
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
88 701
Employee
48 322
-
171 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
57 445
-
total
13 159
-
63 334
-
Employer
48 322
-
171 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
137 772
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.

20 666
30 226
-
-
total
20 666
30 226
-
-
Dividends
117 107
171 274
-
-
withholding
24 809
37 266
-
-
total
24 809
37 266
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 040
67 492
92 899
88 701
After tax
127 460
134 008
108 601
112 799
Living cost
35 164
35 164
35 164
35 164
Free-cash
92 296
98 844
73 438
77 635

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155077
₽152917
₽144741
₽148983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
39 554
Employee
22 782
-
194 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
19 464
-
health
1 048
-
1 607
-
total
5 577
-
24 523
-
Employer
22 782
-
194 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
174 248
201 500
-
-
income
17 424
20 150
-
-
total
17 424
20 150
-
-
Dividends
156 823
181 350
-
-
withholding
7 841
9 068
-
-
total
7 841
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
35 312
29 218
31 378
39 554
After tax
166 188
172 282
170 122
161 946
Living cost
17 205
17 205
17 205
17 205
Free-cash
148 983
155 077
152 917
144 741

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65029
₽87372
₽65132
₽78122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
65 086
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.

-
-
-
3 579
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.

-
-
-
6 835
trade
-
-
-
22 240
total
-
-
-
97 740
Employee

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

49 783
-
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.

226
-
3 579
-
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.

4 094
-
65 086
-
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.

6 835
-
6 835
-
total
11 155
-
75 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 717
201 500
-
-
income
22 758
30 226
-
-
surtax

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

1 251
1 663
-
-
chamber of commerce
374
448
-
-
trade
21 771
28 916
-
-
total
46 154
61 253
-
-
Dividends
105 563
140 247
-
-
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.

1 430
1 908
-
-
withholding
26 011
34 682
-
-
total
27 441
36 590
-
-
Income
201 500
201 500
201 500
201 500
Total tax
84 750
97 843
75 500
97 740
After tax
116 750
103 657
126 000
103 760
Living cost
38 628
38 628
38 628
38 628
Free-cash
78 122
65 029
87 372
65 132

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84054
₽46239
₽46239
₽86265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 063
social contributions
-
-
-
34 203
total
-
-
-
98 266
Employee
78 265
-
201 500
-
income
14 768
-
64 063
-
social contributions
6 502
-
34 203
-
total
21 270
-
98 266
-
Employer
78 265
-
201 500
-
total
-
-
-
-
Corporate
123 235
201 500
-
-
income
15 404
25 188
-
-
total
15 404
25 188
-
-
Dividends
107 831
176 312
-
-
withholding
21 566
35 263
-
-
total
21 566
35 263
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 240
60 451
98 266
98 266
After tax
143 260
141 049
103 234
103 234
Living cost
56 995
56 995
56 995
56 995
Free-cash
86 265
84 054
46 239
46 239

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89370
₽105409
₽128935
₽92865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 019
total
-
-
-
36 245
Employee
45 899
-
196 898
-
income
4 980
-
50 567
-
social contributions
4 599
-
4 602
-
total
9 579
-
55 169
-
Employer
45 899
-
196 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
151 002
201 500
-
-
income
52 851
70 524
-
-
total
52 851
70 524
-
-
Dividends
98 151
130 976
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
201 500
201 500
201 500
201 500
Total tax
72 315
75 810
59 771
36 245
After tax
129 185
125 690
141 729
165 255
Living cost
36 320
36 320
36 320
36 320
Free-cash
92 865
89 370
105 409
128 935

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92171
₽76678
₽94768
₽98044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
60 436
pensions
-
-
-
9 458
total
-
-
-
69 894
Employee
50 566
-
175 773
-
pensions
3 859
-
11 439
-
income
9 208
-
48 375
-
health
660
-
2 444
-
total
13 727
-
62 258
-
Employer
50 566
-
175 773
-
health
961
-
3 340
-
pensions
5 109
-
22 386
-
total
6 070
-
25 726
-
Corporate
144 864
201 500
-
-
income

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

27 525
38 284
-
-
total
27 525
38 284
-
-
Dividends
117 340
163 216
-
-
withholding
19 296
34 207
-
-
total
19 296
34 207
-
-
Income
201 500
201 500
201 500
201 500
Total tax
66 618
72 491
87 984
69 894
After tax
134 882
129 009
113 516
131 606
Living cost
36 838
36 838
36 838
36 838
Free-cash
98 044
92 171
76 678
94 768

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7827
₽86108
₽113514
₽12618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
256
income
-
-
-
56 776
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
63 837
Employee
37 987
-
182 800
-
pensions
4 277
-
7 734
-
income
5 211
-
43 879
-
health
4 349
-
20 930
-
total
13 837
-
72 543
-
Employer
37 987
-
182 800
-
pensions
6 176
-
11 169
-
accident
634
-
3 053
-
unemployment
931
-
4 478
-
total
7 741
-
18 700
-
Corporate
155 772
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.

140 195
181 350
-
-
total
140 195
181 350
-
-
Dividends
15 577
20 150
-
-
withholding
2 960
3 828
-
-
total
2 960
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
164 733
185 178
91 243
63 837
After tax
36 767
16 322
110 257
137 663
Living cost
24 149
24 149
24 149
24 149
Free-cash
12 618
-7 827
86 108
113 514

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140634
₽132381
₽110380
₽151367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 605
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
77 606
Employee

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

21 623
-
201 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
33 605
-
total
8 108
-
55 605
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 877
201 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 799
20 150
-
-
total
1 799
20 150
-
-
Dividends
178 078
181 350
-
-
withholding
26 712
27 202
-
-
total
26 712
27 202
-
-
Income
201 500
201 500
201 500
201 500
Total tax
36 619
47 352
55 605
77 606
After tax
164 881
154 148
145 895
123 894
Living cost
13 514
13 514
13 514
13 514
Free-cash
151 367
140 634
132 381
110 380

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66278
₽44994
₽53348
₽61725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
4 708
municipal
-
-
-
1 363
national
-
-
-
52 145
total
-
-
-
108 293
Employee
84 312
-
201 500
-
municipal
503
-
1 223
-
national
14 248
-
45 577
-
regional
1 273
-
4 195
-
social contributions
28 430
-
65 652
-
total
44 454
-
116 647
-
Employer
84 312
-
201 500
-
total
-
-
-
-
Corporate
117 188
201 500
-
-
municipal
5 649
9 712
-
-
nationa
28 126
48 360
-
-
total
33 775
58 072
-
-
Dividends
83 414
143 428
-
-
withholding
21 687
37 291
-
-
total
21 687
37 291
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 916
95 363
116 647
108 293
After tax
101 584
106 137
84 853
93 207
Living cost
39 859
39 859
39 859
39 859
Free-cash
61 725
66 278
44 994
53 348

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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