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
₽71881
₽96022
₽82728
₽71466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
65 477
trade
-
-
-
24 556
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.

-
-
-
3 601
total
-
-
-
100 333
Employee

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

37 505
-
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.

58
-
3 601
-
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.

1 048
-
65 477
-
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.

6 699
-
6 699
-
total
7 805
-
75 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 995
201 500
-
-
trade
25 828
31 736
-
-
chamber of commerce
385
439
-
-
surtax

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

1 353
1 662
-
-
income
24 598
30 225
-
-
total
52 164
64 062
-
-
Dividends
111 830
137 437
-
-
withholding
27 585
33 986
-
-
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.

1 517
1 870
-
-
total
29 102
35 856
-
-
Income
201 500
201 500
201 500
201 500
Total tax
89 071
99 918
75 777
100 333
After tax
112 429
101 582
125 723
101 167
Living cost
29 701
29 701
29 701
29 701
Free-cash
82 728
71 881
96 022
71 466

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74019
₽66180
₽73158
₽65099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
36 109
pensions
-
-
-
24 180
municipal
-
-
-
22 229
total
-
-
-
84 684
Employee
80 170
-
174 195
-
national
15 345
-
37 817
-
municipal
9 902
-
23 009
-
pensions
3 207
-
6 968
-
total
28 454
-
67 794
-
Employer
80 170
-
174 195
-
pensions
6 414
-
13 936
-
social contributions
862
-
1 873
-
total
7 276
-
15 809
-
Corporate
108 763
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%.

21 753
40 300
-
-
total
21 753
40 300
-
-
Dividends
87 010
161 200
-
-
withholding
19 142
35 464
-
-
total
19 142
35 464
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 625
75 764
83 603
84 684
After tax
124 875
125 736
117 897
116 816
Living cost
51 717
51 717
51 717
51 717
Free-cash
73 158
74 019
66 180
65 099

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140800
₽66201
₽132755
₽51605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
201 500
microenterprise
-
-
-
-
social contributions

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

-
-
-
37 570
income
-
-
-
40 542
surtax
-
-
-
51 383
total
-
-
-
129 495
Employee
28 653
-
156 168
-
surtax
-
-
22 644
-
income
5 101
-
34 068
-
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.

3 152
-
12 855
-
total
8 253
-
69 567
-
Employer
28 653
-
156 168
-
surtax
-
-
17 179
-
social contributions

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

6 902
-
28 153
-
total
6 902
-
45 332
-
Corporate
165 945
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%.

33 190
40 300
-
-
total
33 190
40 300
-
-
Dividends

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

132 755
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
48 345
40 300
114 899
129 495
After tax
153 155
161 200
86 601
72 005
Living cost
20 400
20 400
20 400
20 400
Free-cash
132 755
140 800
66 201
51 605

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59111
₽87826
₽53104
₽68164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 092
income
-
-
-
68 677
pensions
-
-
-
11 489
total
-
-
-
92 258
Employee
83 737
83 737
183 277
-
income

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

13 706
13 706
30 792
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
12 092
-
total
41 632
36 127
54 373
-
Employer
83 737
83 737
183 277
-
unemployment
3 015
3 015
3 746
-
pensions
5 828
5 828
7 244
-
health
5 821
5 821
7 233
-
total
14 664
14 664
18 223
-
Corporate
104 126
103 099
-
-
income
20 825
20 620
-
-
total
20 825
20 620
-
-
Dividends
83 302
82 479
-
-
withholding
12 495
12 373
-
-
income
17 702
17 527
-
-
total
30 197
29 900
-
-
Income
201 500
201 500
201 500
201 500
Total tax
107 318
101 311
72 596
92 258
After tax
94 182
100 189
128 904
109 242
Living cost
41 078
41 078
41 078
41 078
Free-cash
53 104
59 111
87 826
68 164

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69089
₽60261
₽68170
₽61255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 597
national
-
-
-
20 990
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
52 338
total
-
-
-
99 315
Employee
58 321
-
173 315
-
national
-
-
20 441
-
municipal
17 391
-
51 683
-
total
17 391
-
72 124
-
Employer
58 321
-
173 315
-
unemployment
1 540
-
2 368
-
pensions
6 304
-
9 697
-
accident
117
-
179
-
other
6 777
-
10 424
-
health
3 587
-
5 517
-
total
18 325
-
28 185
-
Corporate
124 855
201 500
-
-
income
27 468
44 330
-
-
total
27 468
44 330
-
-
Dividends
97 387
157 170
-
-
withholding
29 216
47 151
-
-
total
29 216
47 151
-
-
Income
201 500
201 500
201 500
201 500
Total tax
92 400
91 481
100 309
99 315
After tax
109 100
110 019
101 191
102 185
Living cost
40 930
40 930
40 930
40 930
Free-cash
68 170
69 089
60 261
61 255

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62025
₽87202
₽75804
₽61554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
65 477
trade
-
-
-
25 648
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.

-
-
-
3 601
total
-
-
-
101 425
Employee

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

49 727
-
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.

234
-
3 601
-
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.

4 272
-
65 477
-
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.

6 699
-
6 699
-
total
11 205
-
75 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 773
201 500
-
-
trade
24 967
33 147
-
-
chamber of commerce
365
435
-
-
surtax

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

1 252
1 662
-
-
income
22 765
30 225
-
-
total
49 349
65 469
-
-
Dividends
102 424
136 030
-
-
withholding
25 233
33 635
-
-
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.

1 388
1 850
-
-
total
26 621
35 485
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 175
100 954
75 777
101 425
After tax
114 325
100 546
125 723
100 075
Living cost
38 521
38 521
38 521
38 521
Free-cash
75 804
62 025
87 202
61 554

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
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.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115098
₽102784
₽111030
₽104481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 138
social contributions
-
-
-
15 865
income
-
-
-
44 211
total
-
-
-
65 214
Employee
75 402
75 402
189 552
-
income
7 918
6 980
43 300
-
social contributions
3 664
6 258
8 441
-
health
750
1 282
3 223
-
total
12 332
14 520
54 964
-
Employer
75 402
75 402
189 552
-
social contributions
3 664
6 258
8 441
-
health
817
1 396
3 506
-
total
4 481
7 654
11 947
-
Corporate
152 882
118 445
-
-
income
19 111
14 805
-
-
total
19 111
14 805
-
-
Dividends
133 772
103 640
-
-
withholding
22 741
17 618
-
-
total
22 741
17 618
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 665
54 597
66 911
65 214
After tax
142 835
146 903
134 589
136 286
Living cost
31 805
31 805
31 805
31 805
Free-cash
111 030
115 098
102 784
104 481

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95278
₽98957
₽95650
₽121736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 105
income
-
-
-
24 633
pensions
-
-
-
20 150
unemployment
-
-
-
3 022
total
-
-
-
61 910
Employee

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
168 619
-
unemployment
387
154
2 529
-
income
3 151
1 254
20 614
-
pensions
2 577
1 026
16 862
-
health
1 804
718
11 803
-
total
7 919
3 152
51 808
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
168 619
-
pensions
5 026
2 000
32 881
-
total
5 026
2 000
32 881
-
Corporate
170 701
189 242
-
-
income
15 363
17 032
-
-
total
15 363
17 032
-
-
Dividends
155 338
172 211
-
-
withholding
29 514
32 720
-
-
social contributions
30 174
33 464
-
-
total
59 688
66 184
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 996
88 368
84 689
61 910
After tax
113 504
113 132
116 811
139 590
Living cost
17 854
17 854
17 854
17 854
Free-cash
95 650
95 278
98 957
121 736

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137515
₽92456
₽131422
₽84319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
26 195
income
-
-
-
27 001
pensions
-
-
-
40 300
total
-
-
-
93 496
Employee
27 817
-
150 599
-
unemployment
445
-
2 410
-
income
3 132
-
29 035
-
pensions
556
-
3 013
-
total
4 133
-
34 458
-
Employer
27 817
-
150 599
-
unemployment
223
-
1 204
-
pensions
5 564
-
30 119
-
health
3 616
-
19 578
-
total
9 403
-
50 901
-
Corporate
164 280
201 500
-
-
income
32 857
40 300
-
-
total
32 857
40 300
-
-
Dividends
131 423
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
46 393
40 300
85 359
93 496
After tax
155 107
161 200
116 141
108 004
Living cost
23 685
23 685
23 685
23 685
Free-cash
131 422
137 515
92 456
84 319

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5394
₽88706
₽12992
₽115931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
56 979
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
63 854
Employee
34 159
-
183 083
-
income
4 686
-
44 168
-
pensions
3 846
-
7 531
-
health
3 911
-
20 963
-
total
12 443
-
72 662
-
Employer
34 159
-
183 083
-
unemployment
837
-
4 485
-
pensions
5 555
-
10 875
-
accident
570
-
3 057
-
total
6 962
-
18 417
-
Corporate
160 379
201 500
-
-
income

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

144 341
181 350
-
-
total
144 341
181 350
-
-
Dividends
16 038
20 150
-
-
withholding
3 047
3 829
-
-
total
3 047
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 793
185 179
91 079
63 854
After tax
34 707
16 321
110 421
137 646
Living cost
21 715
21 715
21 715
21 715
Free-cash
12 992
-5 394
88 706
115 931

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183346
₽153121
₽181832
₽191406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 098
-
201 500
-
income
2 019
-
40 300
-
total
2 019
-
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%.

191 402
201 500
-
-
total
-
-
-
-
Dividends
191 402
201 500
-
-
withholding
9 570
10 075
-
-
total
9 570
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
11 589
10 075
40 300
2 015
After tax
189 911
191 425
161 200
199 485
Living cost
8 079
8 079
8 079
8 079
Free-cash
181 832
183 346
153 121
191 406

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
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.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121914
₽90365
₽115293
₽92074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 561
income
-
-
-
33 867
pensions

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

-
-
-
35 788
other
-
-
-
7 082
total
-
-
-
83 298
Employee
35 604
-
163 807
-
unemployment
355
-
1 491
-
income
6 130
-
33 298
-
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.

2 492
-
10 437
-
health
499
-
2 088
-
total
9 476
-
47 314
-
Employer
35 604
-
163 807
-
unemployment
355
-
1 491
-
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.

6 053
-
25 350
-
accident
285
-
1 310
-
other
1 781
-
7 454
-
health
499
-
2 088
-
total
8 973
-
37 693
-
Corporate
156 923
201 500
-
-
income
32 953
42 315
-
-
total
32 953
42 315
-
-
Dividends
123 970
159 185
-
-
withholding
8 677
11 143
-
-
total
8 677
11 143
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 079
53 458
85 007
83 298
After tax
141 421
148 042
116 493
118 202
Living cost
26 128
26 128
26 128
26 128
Free-cash
115 293
121 914
90 365
92 074

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
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.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63306
₽47901
₽71186
₽65977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 680
pensions
-
-
-
9 388
total
-
-
-
70 068
Employee
92 610
-
175 753
-
income
16 694
-
48 627
-
pensions
8 934
-
11 334
-
health
1 526
-
2 436
-
total
27 154
-
62 397
-
Employer
92 610
-
175 753
-
pensions
10 935
-
22 408
-
health
1 759
-
3 339
-
total
12 694
-
25 747
-
Corporate
96 197
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.

18 278
38 285
-
-
total
18 278
38 285
-
-
Dividends
77 919
163 215
-
-
withholding
6 733
34 454
-
-
total
6 733
34 454
-
-
Income
201 500
201 500
201 500
201 500
Total tax
64 859
72 739
88 144
70 068
After tax
136 641
128 761
113 356
131 432
Living cost
65 455
65 455
65 455
65 455
Free-cash
71 186
63 306
47 901
65 977

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159538
₽157695
₽155021
₽149466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
30 225
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
39 290
Employee
16 874
-
194 839
-
income
1 687
-
19 484
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
24 400
-
Employer
16 874
-
194 839
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
181 314
201 500
-
-
income
18 132
20 150
-
-
total
18 132
20 150
-
-
Dividends
163 183
181 350
-
-
withholding
8 160
9 068
-
-
total
8 160
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
33 735
29 218
31 061
39 290
After tax
167 765
172 282
170 439
162 210
Living cost
12 744
12 744
12 744
12 744
Free-cash
155 021
159 538
157 695
149 466

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45814
₽74529
₽48282
₽54867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 092
income
-
-
-
68 677
pensions
-
-
-
11 489
total
-
-
-
92 258
Employee
90 912
83 737
183 277
-
income

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

13 706
13 706
30 792
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
12 092
-
total
36 537
36 127
54 373
-
Employer
90 912
83 737
183 277
-
unemployment
3 273
3 015
3 746
-
pensions
6 327
5 828
7 244
-
health
6 318
5 821
7 233
-
total
15 918
14 664
18 223
-
Corporate
94 671
103 099
-
-
income
18 934
20 620
-
-
total
18 934
20 620
-
-
Dividends
75 737
82 479
-
-
withholding
11 360
12 373
-
-
income
16 094
17 527
-
-
total
27 454
29 900
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 843
101 311
72 596
92 258
After tax
102 657
100 189
128 904
109 242
Living cost
54 375
54 375
54 375
54 375
Free-cash
48 282
45 814
74 529
54 867

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114554
₽84409
₽105929
₽92975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
27 203
social contributions
-
-
-
34 792
income
-
-
-
20 926
solidarity contribution
-
-
-
1 425
total
-
-
-
84 346
Employee
35 557
-
157 534
-
income
4 267
-
19 278
-
solidarity contribution
-
-
656
-
social contributions
2 311
-
7 745
-
health
4 800
-
21 267
-
total
11 378
-
48 946
-
Employer
35 557
-
157 534
-
social contributions
8 889
-
29 788
-
health
3 200
-
14 178
-
total
12 089
-
43 966
-
Corporate
153 854
201 500
-
-
income
29 232
38 285
-
-
total
29 232
38 285
-
-
Dividends
124 621
163 215
-
-
withholding
18 693
24 482
-
-
total
18 693
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 392
62 767
92 912
84 346
After tax
130 108
138 733
108 588
117 154
Living cost
24 179
24 179
24 179
24 179
Free-cash
105 929
114 554
84 409
92 975

Estimated living cost  is ₽24179 per week

₽16795
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.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66133
₽46174
₽61011
₽54536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 078
national
-
-
-
52 833
regional
-
-
-
2 457
municipal
-
-
-
1 219
total
-
-
-
105 587
Employee
87 148
-
201 500
-
regional
822
-
2 193
-
national
15 101
-
46 316
-
municipal
461
-
1 098
-
social contributions
29 386
-
64 342
-
total
45 770
-
113 949
-
Employer
87 148
-
201 500
-
total
-
-
-
-
Corporate
114 352
201 500
-
-
nationa
27 445
48 359
-
-
municipal
4 460
7 858
-
-
total
31 905
56 217
-
-
Dividends
82 446
145 282
-
-
withholding
21 437
37 773
-
-
total
21 437
37 773
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 112
93 990
113 949
105 587
After tax
102 388
107 510
87 551
95 913
Living cost
41 377
41 377
41 377
41 377
Free-cash
61 011
66 133
46 174
54 536

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105105
₽67340
₽102054
₽73334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 291
income
-
-
-
60 845
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
9 995
total
-
-
-
106 528
Employee
32 427
-
173 952
-
surtax
106
-
8 820
-
unemployment
2 257
-
9 109
-
income
5 435
-
54 980
-
pensions
2 162
-
8 729
-
health
828
-
3 336
-
other
-
-
-
-
total
10 788
-
84 974
-
Employer
32 427
-
173 952
-
unemployment
1 027
-
4 148
-
pensions
4 323
-
17 445
-
other
-
-
-
-
health
1 476
-
5 955
-
total
6 826
-
27 548
-
Corporate
162 247
201 500
-
-
income
42 185
52 390
-
-
total
42 185
52 390
-
-
Dividends
120 062
149 110
-
-
withholding
18 009
22 367
-
-
total
18 009
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 808
74 757
112 522
106 528
After tax
123 692
126 743
88 978
94 972
Living cost
21 638
21 638
21 638
21 638
Free-cash
102 054
105 105
67 340
73 334

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84044
₽68639
₽90508
₽86715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 680
pensions
-
-
-
9 388
total
-
-
-
70 068
Employee
62 064
-
175 753
-
income
11 178
-
48 627
-
pensions
5 268
-
11 334
-
health
901
-
2 436
-
total
17 347
-
62 397
-
Employer
62 064
-
175 753
-
pensions
6 719
-
22 408
-
health
1 179
-
3 339
-
total
7 898
-
25 747
-
Corporate
131 538
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.

24 992
38 285
-
-
total
24 992
38 285
-
-
Dividends
106 546
163 215
-
-
withholding
16 038
34 454
-
-
total
16 038
34 454
-
-
Income
201 500
201 500
201 500
201 500
Total tax
66 275
72 739
88 144
70 068
After tax
135 225
128 761
113 356
131 432
Living cost
44 717
44 717
44 717
44 717
Free-cash
90 508
84 044
68 639
86 715

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12542
₽73401
₽46599
₽82060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
454
national
-
-
-
4 162
pensions
-
-
-
18 538
regional
-
-
-
10 535
city
-
-
-
2 124
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.

-
-
-
4 029
total
-
-
-
39 842
Employee
93 150
-
180 592
-
regional
3 050
-
9 169
-
national
441
-
3 160
-
unemployment
-
-
-
-
pensions
7 826
-
14 901
-
health
211
-
407
-
city
1 000
-
1 944
-
total
12 528
-
29 581
-
Employer
93 150
-
180 592
-
unemployment
-
-
-
-
pensions
7 826
-
14 901
-
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.

1 862
-
3 612
-
health
211
-
407
-
total
9 899
-
18 920
-
Corporate
97 427
201 500
-
-
national
8 282
17 128
-
-
regional
20 605
42 617
-
-
total
28 887
59 745
-
-
Dividends
68 540
141 755
-
-
withholding
23 989
49 615
-
-
total
23 989
49 615
-
-
Income
201 500
201 500
201 500
201 500
Total tax
75 303
109 360
48 501
39 842
After tax
126 197
92 140
152 999
161 658
Living cost
79 598
79 598
79 598
79 598
Free-cash
46 599
12 542
73 401
82 060

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54589
₽80802
₽70487
₽54064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
65 477
trade
-
-
-
26 738
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.

-
-
-
3 601
total
-
-
-
102 515
Employee

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

58 931
-
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.

381
-
3 601
-
income

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

6 930
-
65 477
-
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.

6 699
-
6 699
-
total
14 010
-
75 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 569
201 500
-
-
trade
24 451
34 557
-
-
chamber of commerce
350
432
-
-
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.

1 176
1 662
-
-
income
21 385
30 225
-
-
total
47 362
66 876
-
-
Dividends
95 207
134 624
-
-
withholding
23 430
33 283
-
-
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.

1 290
1 831
-
-
total
24 720
35 114
-
-
Income
201 500
201 500
201 500
201 500
Total tax
86 092
101 990
75 777
102 515
After tax
115 408
99 510
125 723
98 985
Living cost
44 921
44 921
44 921
44 921
Free-cash
70 487
54 589
80 802
54 064

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68006
₽73680
₽73799
₽78369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 418
social contributions
-
-
-
5 741
income
-
-
-
34 988
pensions
-
-
-
33 188
other
-
-
-
6 247
surtax
-
-
-
-
total
-
-
-
89 582
Employee
41 967
-
154 533
-
surtax
-
-
-
-
income
2 477
-
31 568
-
social contributions
1 197
-
4 403
-
pensions
4 745
-
11 332
-
total
8 419
-
47 303
-
Employer
41 967
-
154 533
-
unemployment
1 699
-
6 258
-
pensions
6 894
-
18 974
-
social contributions
127
-
463
-
other
1 448
-
6 279
-
health
2 938
-
14 994
-
total
13 106
-
46 968
-
Corporate
146 427
201 500
-
-
surtax
-
-
-
-
income
41 000
56 420
-
-
total
41 000
56 420
-
-
Dividends
105 427
145 080
-
-
withholding
13 495
18 571
-
-
surtax
-
-
-
-
social contributions
18 132
24 954
-
-
total
31 627
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 152
99 945
94 271
89 582
After tax
107 348
101 555
107 229
111 918
Living cost
33 549
33 549
33 549
33 549
Free-cash
73 799
68 006
73 680
78 369

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71330
₽77004
₽76775
₽81693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 418
social contributions
-
-
-
5 741
income
-
-
-
34 988
pensions
-
-
-
33 188
other
-
-
-
6 247
surtax
-
-
-
-
total
-
-
-
89 582
Employee
37 462
-
154 533
-
surtax
-
-
-
-
income
1 932
-
31 568
-
social contributions
1 068
-
4 403
-
pensions
4 237
-
11 332
-
total
7 237
-
47 303
-
Employer
37 462
-
154 533
-
unemployment
1 517
-
6 258
-
pensions
6 156
-
18 974
-
social contributions
112
-
463
-
other
1 293
-
6 279
-
health
2 622
-
14 994
-
total
11 700
-
46 968
-
Corporate
152 339
201 500
-
-
surtax
-
-
-
-
income
42 656
56 420
-
-
total
42 656
56 420
-
-
Dividends
109 683
145 080
-
-
withholding
14 040
18 571
-
-
surtax
-
-
-
-
social contributions
18 867
24 954
-
-
total
32 907
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 500
99 945
94 271
89 582
After tax
107 000
101 555
107 229
111 918
Living cost
30 225
30 225
30 225
30 225
Free-cash
76 775
71 330
77 004
81 693

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102141
₽103611
₽102647
₽108612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 064
social contributions
-
-
-
27 806
income
-
-
-
30 225
total
-
-
-
72 095
Employee
33 247
-
201 500
-
income
5 545
-
35 226
-
social contributions
4 589
-
27 806
-
health
2 320
-
14 064
-
total
12 454
-
77 096
-
Employer
33 247
-
201 500
-
total
-
-
-
-
Corporate
168 253
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%.

8 413
10 075
-
-
total
8 413
10 075
-
-
Dividends
159 840
191 425
-
-
withholding
23 977
28 714
-
-
social contributions
22 058
26 416
-
-
health
11 158
13 361
-
-
total
57 193
68 491
-
-
Income
201 500
201 500
201 500
201 500
Total tax
78 060
78 566
77 096
72 095
After tax
123 440
122 934
124 404
129 405
Living cost
20 793
20 793
20 793
20 793
Free-cash
102 647
102 141
103 611
108 612

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76664
₽18476
₽75146
₽68946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 763
chamber of commerce
-
-
-
806
income
-
-
-
61 032
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
98 002
Employee
49 005
39 077
164 680
-
unemployment
1 470
1 172
3 437
-
income
5 579
2 882
50 665
-
pensions
5 019
4 001
11 731
-
health
1 896
1 513
4 432
-
other
489
391
1 146
-
total
14 453
9 959
71 411
-
Employer
49 005
39 077
164 680
-
chamber of commerce
195
156
659
-
surtax
194
194
194
-
payroll
1 470
1 172
4 941
-
unemployment
1 470
1 172
3 437
-
pensions
6 150
4 905
14 377
-
accident
636
508
1 489
-
other
2 328
1 855
7 395
-
health
1 852
1 477
4 330
-
total
14 295
11 439
36 822
-
Corporate
138 200
150 982
160 958
-
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.

34 550
37 745
40 239
-
total
34 550
37 745
40 239
-
Dividends
103 650
113 237
-
-
withholding
28 504
31 141
-
-
total
28 504
31 141
-
-
Income
201 500
201 500
201 500
201 500
Total tax
91 802
90 284
148 472
98 002
After tax
109 698
111 216
53 028
103 498
Living cost
34 552
34 552
34 552
34 552
Free-cash
75 146
76 664
18 476
68 946

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75889
₽33583
₽62175
₽51791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
10 623
social contributions
-
-
-
24 447
national
-
-
-
78 886
total
-
-
-
113 956
Employee

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

70 141
-
156 068
-
national
21 564
-
58 194
-
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.

610
-
1 358
-
communal

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

3 658
-
8 139
-
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.

5 261
-
11 705
-
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.

3 296
-
7 335
-
total
34 389
-
86 731
-
Employer

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

70 141
-
156 068
-
surtax
7 953
-
17 697
-
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.

1 023
-
2 280
-
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.

6 215
-
13 828
-
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.

912
-
2 030
-
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.

4 313
-
9 598
-
total
20 416
-
45 433
-
Corporate
110 942
201 500
-
-
surtax
443
834
-
-
income
22 189
41 688
-
-
total
22 632
42 522
-
-
Dividends
88 310
158 978
-
-
withholding

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

26 135
47 336
-
-
total
26 135
47 336
-
-
Income
201 500
201 500
201 500
201 500
Total tax
103 572
89 858
132 164
113 956
After tax
97 928
111 642
69 336
87 544
Living cost
35 753
35 753
35 753
35 753
Free-cash
62 175
75 889
33 583
51 791

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98552
₽73233
₽91835
₽77348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
61 473
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
88 739
Employee
48 811
-
172 525
-
unemployment
757
-
1 409
-
income
10 299
-
58 107
-
pensions
2 294
-
4 272
-
other
48
-
91
-
total
13 398
-
63 879
-
Employer
48 811
-
172 525
-
unemployment
2 685
-
4 998
-
pensions
11 519
-
21 450
-
accident
966
-
1 799
-
other
389
-
728
-
total
15 559
-
28 975
-
Corporate
137 131
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.

20 570
30 225
-
-
total
20 570
30 225
-
-
Dividends
116 561
171 275
-
-
withholding
24 725
37 310
-
-
total
24 725
37 310
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 252
67 535
92 854
88 739
After tax
127 248
133 965
108 646
112 761
Living cost
35 413
35 413
35 413
35 413
Free-cash
91 835
98 552
73 233
77 348

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62333
₽51146
₽49009
₽43112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 157
communal
-
-
-
12 736
income
-
-
-
36 315
pensions
-
-
-
30 203
surtax
-
-
-
9 989
accident
-
-
-
1 699
total
-
-
-
105 099
Employee
74 258
-
179 991
-
surtax
4 552
-
11 031
-
income
7 173
-
42 117
-
pensions
5 940
-
14 399
-
health
3 305
-
8 009
-
total
20 970
-
75 556
-
Employer
74 258
-
179 991
-
pensions
5 940
-
14 399
-
accident
668
-
1 621
-
health
2 265
-
5 489
-
total
8 873
-
21 509
-
Corporate
118 369
201 500
-
-
surtax
1 243
2 116
-
-
income
17 756
30 225
-
-
communal
7 990
13 601
-
-
total
26 989
45 942
-
-
Dividends
91 380
155 558
-
-
withholding
13 707
23 333
-
-
income
28 663
16 603
-
-
total
42 370
39 936
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 202
85 878
97 065
105 099
After tax
102 298
115 622
104 435
96 401
Living cost
53 289
53 289
53 289
53 289
Free-cash
49 009
62 333
51 146
43 112

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104718
₽66953
₽101599
₽72947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 291
income
-
-
-
60 845
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
9 995
total
-
-
-
106 528
Employee
33 022
-
173 952
-
surtax
117
-
8 820
-
unemployment
2 298
-
9 109
-
income
5 536
-
54 980
-
pensions
2 203
-
8 729
-
health
843
-
3 336
-
other
-
-
-
-
total
10 997
-
84 974
-
Employer
33 022
-
173 952
-
unemployment
1 048
-
4 148
-
pensions
4 403
-
17 445
-
other
-
-
-
-
health
1 502
-
5 955
-
total
6 953
-
27 548
-
Corporate
161 526
201 500
-
-
income
41 997
52 390
-
-
total
41 997
52 390
-
-
Dividends
119 528
149 110
-
-
withholding
17 929
22 367
-
-
total
17 929
22 367
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 876
74 757
112 522
106 528
After tax
123 624
126 743
88 978
94 972
Living cost
22 025
22 025
22 025
22 025
Free-cash
101 599
104 718
66 953
72 947

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79498
₽60544
₽77322
₽68861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 078
national
-
-
-
52 833
regional
-
-
-
3 094
municipal
-
-
-
1 219
total
-
-
-
106 224
Employee
54 394
-
201 500
-
regional
732
-
2 785
-
national
8 618
-
46 316
-
municipal
288
-
1 098
-
social contributions
18 342
-
64 342
-
total
27 980
-
114 541
-
Employer
54 394
-
201 500
-
total
-
-
-
-
Corporate
147 106
201 500
-
-
nationa
35 306
48 359
-
-
municipal
7 311
10 015
-
-
total
42 617
58 374
-
-
Dividends
104 489
143 126
-
-
withholding
27 166
37 213
-
-
total
27 166
37 213
-
-
Income
201 500
201 500
201 500
201 500
Total tax
97 763
95 587
114 541
106 224
After tax
103 737
105 913
86 959
95 276
Living cost
26 415
26 415
26 415
26 415
Free-cash
77 322
79 498
60 544
68 861

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108938
₽78793
₽98308
₽87359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
27 203
social contributions
-
-
-
34 792
income
-
-
-
20 926
solidarity contribution
-
-
-
1 425
total
-
-
-
84 346
Employee
43 815
-
157 534
-
income
5 258
-
19 278
-
solidarity contribution
-
-
656
-
social contributions
2 848
-
7 745
-
health
5 915
-
21 267
-
total
14 021
-
48 946
-
Employer
43 815
-
157 534
-
social contributions
10 954
-
29 788
-
health
3 943
-
14 178
-
total
14 897
-
43 966
-
Corporate
142 787
201 500
-
-
income
27 130
38 285
-
-
total
27 130
38 285
-
-
Dividends
115 658
163 215
-
-
withholding
17 349
24 482
-
-
total
17 349
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 397
62 767
92 912
84 346
After tax
128 103
138 733
108 588
117 154
Living cost
29 795
29 795
29 795
29 795
Free-cash
98 308
108 938
78 793
87 359

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80039
₽21793
₽79550
₽72408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 763
chamber of commerce
-
-
-
806
income
-
-
-
61 032
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
97 808
Employee
42 864
39 077
164 860
-
unemployment
1 286
1 172
3 437
-
income
3 818
2 882
50 752
-
pensions
4 390
4 001
11 731
-
health
1 658
1 513
4 432
-
other
428
391
1 146
-
total
11 580
9 959
71 498
-
Employer
42 864
39 077
164 860
-
chamber of commerce
171
156
659
-
surtax
-
-
-
-
payroll
1 286
1 172
4 946
-
unemployment
1 286
1 172
3 437
-
pensions
5 380
4 905
14 377
-
accident
556
508
1 489
-
other
2 036
1 855
7 402
-
health
1 621
1 477
4 330
-
total
12 336
11 245
36 640
-
Corporate
146 301
151 176
161 139
-
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.

36 575
37 793
40 285
-
total
36 575
37 793
40 285
-
Dividends
109 726
113 382
-
-
withholding
30 175
31 180
-
-
total
30 175
31 180
-
-
Income
201 500
201 500
201 500
201 500
Total tax
90 666
90 177
148 423
97 808
After tax
110 834
111 323
53 077
103 692
Living cost
31 284
31 284
31 284
31 284
Free-cash
79 550
80 039
21 793
72 408

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
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.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178836
₽148611
₽176476
₽186896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 736
-
201 500
-
income
3 147
-
40 300
-
total
3 147
-
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%.

185 764
201 500
-
-
total
-
-
-
-
Dividends
185 764
201 500
-
-
withholding
9 288
10 075
-
-
total
9 288
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
12 435
10 075
40 300
2 015
After tax
189 065
191 425
161 200
199 485
Living cost
12 589
12 589
12 589
12 589
Free-cash
176 476
178 836
148 611
186 896

Estimated living cost  is ₽12589 per week

₽8519
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.
₽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.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112431
₽64889
₽104230
₽69265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
19 827
income
-
-
-
49 006
pensions
-
-
-
36 800
unemployment
-
-
-
301
total
-
-
-
105 934
Employee

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

43 361
-
174 352
-
unemployment
61
-
244
-
income
7 478
-
44 631
-
pensions
6 721
-
27 025
-
health
2 801
-
11 264
-
total
17 061
-
83 164
-
Employer

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

43 361
-
174 352
-
unemployment
26
-
104
-
pensions
3 837
-
15 430
-
health
2 888
-
11 612
-
total
6 751
-
27 146
-
Corporate
151 387
201 500
-
-
income
28 763
38 285
-
-
total
28 763
38 285
-
-
Dividends
122 625
163 215
-
-
withholding
18 394
24 483
-
-
total
18 394
24 483
-
-
Income
201 500
201 500
201 500
201 500
Total tax
70 969
62 768
110 310
105 934
After tax
130 531
138 732
91 190
95 566
Living cost
26 301
26 301
26 301
26 301
Free-cash
104 230
112 431
64 889
69 265

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77480
₽142633
₽27749
₽94140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 971
income
-
-
-
39 276
total
-
-
-
62 247
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
Corporate
45 609
201 500
-
-
income
10 034
44 330
-
-
total
10 034
44 330
-
-
Dividends
35 575
157 170
-
-
income
7 826
34 577
-
-
total
7 826
34 577
-
-
Income
201 500
201 500
201 500
201 500
Total tax
128 638
78 907
13 754
62 247
After tax
72 862
122 593
187 746
139 253
Living cost
45 113
45 113
45 113
45 113
Free-cash
27 749
77 480
142 633
94 140

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83855
₽60030
₽82867
₽75309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
70 021
income
-
-
-
25 412
surtax
-
-
-
-
total
-
-
-
95 433
Employee
45 099
-
162 828
-
surtax
-
-
-
-
income
9 381
-
54 129
-
social contributions
4 961
-
17 911
-
total
14 342
-
72 040
-
Employer
45 099
-
162 828
-
social contributions
10 711
-
38 672
-
total
10 711
-
38 672
-
Corporate
145 690
201 500
-
-
surtax
-
-
-
-
income
30 596
42 315
-
-
total
30 596
42 315
-
-
Dividends
115 094
159 185
-
-
withholding
32 226
44 572
-
-
total
32 226
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 875
86 887
110 712
95 433
After tax
113 625
114 613
90 788
106 067
Living cost
30 758
30 758
30 758
30 758
Free-cash
82 867
83 855
60 030
75 309

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54194
₽59868
₽60935
₽64557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 418
social contributions
-
-
-
5 741
income
-
-
-
34 988
pensions
-
-
-
33 188
other
-
-
-
6 247
surtax
-
-
-
-
total
-
-
-
89 582
Employee
61 415
-
154 533
-
surtax
-
-
-
-
income
5 359
-
31 568
-
social contributions
1 749
-
4 403
-
pensions
6 946
-
11 332
-
total
14 054
-
47 303
-
Employer
61 415
-
154 533
-
unemployment
2 488
-
6 258
-
pensions
10 091
-
18 974
-
social contributions
184
-
463
-
other
2 119
-
6 279
-
health
4 299
-
14 994
-
total
19 181
-
46 968
-
Corporate
120 903
201 500
-
-
surtax
-
-
-
-
income
33 852
56 420
-
-
total
33 852
56 420
-
-
Dividends
87 051
145 080
-
-
withholding
11 143
18 571
-
-
surtax
-
-
-
-
social contributions
14 974
24 954
-
-
total
26 117
43 525
-
-
Income
201 500
201 500
201 500
201 500
Total tax
93 204
99 945
94 271
89 582
After tax
108 296
101 555
107 229
111 918
Living cost
47 361
47 361
47 361
47 361
Free-cash
60 935
54 194
59 868
64 557

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151875
₽123285
₽148579
₽117933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 762
social contributions
-
-
-
44 329
total
-
-
-
54 091
Employee
31 525
-
174 458
-
social contributions
2 049
-
11 340
-
income
-
-
10 357
-
total
2 049
-
21 697
-
Employer
31 525
-
174 458
-
social contributions
4 887
-
27 042
-
total
4 887
-
27 042
-
Corporate
165 089
201 500
-
-
income
16 509
20 149
-
-
total
16 509
20 149
-
-
Dividends
148 580
181 351
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
23 445
20 149
48 739
54 091
After tax
178 055
181 351
152 761
147 409
Living cost
29 476
29 476
29 476
29 476
Free-cash
148 579
151 875
123 285
117 933

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽11843
-₽11843
-₽11843
₽70006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 052
national
-
-
-
24 600
pensions
-
-
-
849
municipal
-
-
-
42 835
total
-
-
-
84 336
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 185
166 185
166 185
84 336
After tax
35 315
35 315
35 315
117 164
Living cost
47 158
47 158
47 158
47 158
Free-cash
-11 843
-11 843
-11 843
70 006

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5074
₽89026
₽13039
₽116251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
56 979
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
63 854
Employee
33 656
-
183 083
-
income
4 617
-
44 168
-
pensions
3 790
-
7 531
-
health
3 854
-
20 963
-
total
12 261
-
72 662
-
Employer
33 656
-
183 083
-
unemployment
825
-
4 485
-
pensions
5 472
-
10 875
-
accident
562
-
3 057
-
total
6 859
-
18 417
-
Corporate
160 985
201 500
-
-
income

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

144 887
181 350
-
-
total
144 887
181 350
-
-
Dividends
16 099
20 150
-
-
withholding
3 059
3 829
-
-
total
3 059
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
167 066
185 179
91 079
63 854
After tax
34 434
16 321
110 421
137 646
Living cost
21 395
21 395
21 395
21 395
Free-cash
13 039
-5 074
89 026
116 251

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86829
₽65058
₽89858
₽88137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 694
national
-
-
-
37 236
municipal
-
-
-
35 786
total
-
-
-
75 716
Employee
51 590
-
169 514
-
national
852
-
23 025
-
unemployment
774
-
2 542
-
municipal
8 450
-
27 600
-
pensions
3 482
-
11 442
-
health
385
-
2 201
-
total
13 943
-
66 810
-
Employer
51 590
-
169 514
-
unemployment
335
-
1 102
-
pensions
8 951
-
29 410
-
accident
52
-
169
-
health
396
-
1 304
-
total
9 734
-
31 985
-
Corporate
140 176
201 500
-
-
income
28 035
40 300
-
-
total
28 035
40 300
-
-
Dividends

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

84 105
120 900
-
-
municipal
15 140
21 762
-
-
national
7 143
14 962
-
-
total
22 283
36 724
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 995
77 024
98 795
75 716
After tax
127 505
124 476
102 705
125 784
Living cost
37 647
37 647
37 647
37 647
Free-cash
89 858
86 829
65 058
88 137

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124200
₽111886
₽118863
₽113583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 138
social contributions
-
-
-
15 865
income
-
-
-
44 211
total
-
-
-
65 214
Employee
75 402
75 402
189 552
-
income
8 210
6 980
43 300
-
social contributions
2 851
6 258
8 441
-
health
584
1 282
3 223
-
total
11 645
14 520
54 964
-
Employer
75 402
75 402
189 552
-
social contributions
2 851
6 258
8 441
-
health
635
1 396
3 506
-
total
3 486
7 654
11 947
-
Corporate
163 666
118 445
-
-
income
20 458
14 805
-
-
total
20 458
14 805
-
-
Dividends
143 209
103 640
-
-
withholding
24 345
17 618
-
-
total
24 345
17 618
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 934
54 597
66 911
65 214
After tax
141 566
146 903
134 589
136 286
Living cost
22 703
22 703
22 703
22 703
Free-cash
118 863
124 200
111 886
113 583

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151291
₽135709
₽146303
₽155377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 549
income
-
-
-
20 739
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
30 554
Employee

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

22 508
-
191 917
-
unemployment
112
-
465
-
income
1 539
-
18 309
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
40 639
-
Employer

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

22 508
-
191 917
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
176 676
201 500
-
-
income
15 901
18 136
-
-
total
15 901
18 136
-
-
Dividends
160 775
183 364
-
-
withholding
14 470
16 504
-
-
total
14 470
16 504
-
-
Income
201 500
201 500
201 500
201 500
Total tax
39 628
34 640
50 222
30 554
After tax
161 872
166 860
151 278
170 946
Living cost
15 569
15 569
15 569
15 569
Free-cash
146 303
151 291
135 709
155 377

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107000
₽81681
₽102671
₽85796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
61 473
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
88 739
Employee
36 258
-
172 525
-
unemployment
562
-
1 409
-
income
6 990
-
58 107
-
pensions
1 705
-
4 272
-
other
35
-
91
-
total
9 292
-
63 879
-
Employer
36 258
-
172 525
-
unemployment
1 995
-
4 998
-
pensions
8 556
-
21 450
-
accident
718
-
1 799
-
other
290
-
728
-
total
11 559
-
28 975
-
Corporate
153 683
201 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

23 052
30 225
-
-
total
23 052
30 225
-
-
Dividends
130 631
171 275
-
-
withholding
27 961
37 310
-
-
total
27 961
37 310
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 864
67 535
92 854
88 739
After tax
129 636
133 965
108 646
112 761
Living cost
26 965
26 965
26 965
26 965
Free-cash
102 671
107 000
81 681
85 796

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
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.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123913
₽127953
₽123613
₽128081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
964
income
-
-
-
69 302
pensions
-
-
-
1 330
total
-
-
-
71 596
Employee
2 776
-
200 004
-
unemployment
28
-
66
-
income
537
-
69 232
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
70 228
-
Employer
2 776
-
200 004
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
198 099
201 500
-
-
income
43 582
44 330
-
-
total
43 582
44 330
-
-
Dividends
154 517
157 170
-
-
withholding
30 903
31 434
-
-
total
30 903
31 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 064
75 764
71 724
71 596
After tax
125 436
125 736
129 776
129 904
Living cost
1 823
1 823
1 823
1 823
Free-cash
123 613
123 913
127 953
128 081

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128663
₽110959
₽123849
₽110957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 448
income
-
-
-
46 288
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
73 622
Employee

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

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

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

25 516
-
188 557
-
unemployment
191
-
542
-
income
3 517
-
46 288
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
60 677
-
Employer

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

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

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

25 516
-
188 557
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
171 417
201 500
-
-
income
25 713
30 225
-
-
total
25 713
30 225
-
-
Dividends
145 704
171 275
-
-
withholding
21 856
25 691
-
-
total
21 856
25 691
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 730
55 916
73 620
73 622
After tax
140 770
145 584
127 880
127 878
Living cost
16 921
16 921
16 921
16 921
Free-cash
123 849
128 663
110 959
110 957

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88177
₽64352
₽87824
₽79631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
70 021
income
-
-
-
25 412
surtax
-
-
-
-
total
-
-
-
95 433
Employee
38 058
-
162 828
-
surtax
-
-
-
-
income
7 436
-
54 129
-
social contributions
4 187
-
17 911
-
total
11 623
-
72 040
-
Employer
38 058
-
162 828
-
social contributions
9 038
-
38 672
-
total
9 038
-
38 672
-
Corporate
154 404
201 500
-
-
surtax
-
-
-
-
income
32 425
42 315
-
-
total
32 425
42 315
-
-
Dividends
121 979
159 185
-
-
withholding
34 154
44 572
-
-
total
34 154
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 240
86 887
110 712
95 433
After tax
114 260
114 613
90 788
106 067
Living cost
26 436
26 436
26 436
26 436
Free-cash
87 824
88 177
64 352
79 631

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99503
₽74184
₽93087
₽78299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
61 473
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
88 739
Employee
47 357
-
172 525
-
unemployment
733
-
1 409
-
income
9 891
-
58 107
-
pensions
2 226
-
4 272
-
other
47
-
91
-
total
12 897
-
63 879
-
Employer
47 357
-
172 525
-
unemployment
2 605
-
4 998
-
pensions
11 176
-
21 450
-
accident
938
-
1 799
-
other
380
-
728
-
total
15 099
-
28 975
-
Corporate
139 044
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.

20 856
30 225
-
-
total
20 856
30 225
-
-
Dividends
118 188
171 275
-
-
withholding
25 099
37 310
-
-
total
25 099
37 310
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 951
67 535
92 854
88 739
After tax
127 549
133 965
108 646
112 761
Living cost
34 462
34 462
34 462
34 462
Free-cash
93 087
99 503
74 184
78 299

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
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.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155562
₽153719
₽149638
₽145490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
30 225
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
39 290
Employee
22 140
-
194 839
-
income
2 214
-
19 484
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
24 400
-
Employer
22 140
-
194 839
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
175 016
201 500
-
-
income
17 502
20 150
-
-
total
17 502
20 150
-
-
Dividends
157 514
181 350
-
-
withholding
7 876
9 068
-
-
total
7 876
9 068
-
-
Income
201 500
201 500
201 500
201 500
Total tax
35 142
29 218
31 061
39 290
After tax
166 358
172 282
170 439
162 210
Living cost
16 720
16 720
16 720
16 720
Free-cash
149 638
155 562
153 719
145 490

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65799
₽87866
₽78628
₽65493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
65 477
trade
-
-
-
22 373
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.

-
-
-
3 601
total
-
-
-
98 150
Employee

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

48 790
-
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.

221
-
3 601
-
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.

4 012
-
65 477
-
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.

6 699
-
6 699
-
total
10 932
-
75 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 710
201 500
-
-
trade
21 913
28 915
-
-
chamber of commerce
372
445
-
-
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.

1 260
1 662
-
-
income
22 907
30 225
-
-
total
46 452
61 247
-
-
Dividends
106 258
140 253
-
-
withholding
26 191
34 690
-
-
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.

1 440
1 907
-
-
total
27 631
36 597
-
-
Income
201 500
201 500
201 500
201 500
Total tax
85 015
97 844
75 777
98 150
After tax
116 485
103 656
125 723
103 350
Living cost
37 857
37 857
37 857
37 857
Free-cash
78 628
65 799
87 866
65 493

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85191
₽46966
₽87358
₽46966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 392
social contributions
-
-
-
34 284
total
-
-
-
98 676
Employee
76 703
-
201 500
-
social contributions
6 372
-
34 284
-
income
14 474
-
64 392
-
total
20 846
-
98 676
-
Employer
76 703
-
201 500
-
total
-
-
-
-
Corporate
124 797
201 500
-
-
income
15 599
25 188
-
-
total
15 599
25 188
-
-
Dividends
109 198
176 312
-
-
withholding
21 839
35 263
-
-
total
21 839
35 263
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 284
60 451
98 676
98 676
After tax
143 216
141 049
102 824
102 824
Living cost
55 858
55 858
55 858
55 858
Free-cash
87 358
85 191
46 966
46 966

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90198
₽105919
₽93626
₽129616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 064
income
-
-
-
30 225
total
-
-
-
36 289
Employee
44 983
-
196 989
-
social contributions
4 507
-
4 511
-
income
4 881
-
50 964
-
total
9 388
-
55 475
-
Employer
44 983
-
196 989
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
152 010
201 500
-
-
income
53 203
70 526
-
-
total
53 203
70 526
-
-
Dividends
98 807
130 974
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
201 500
201 500
201 500
201 500
Total tax
72 279
75 707
59 986
36 289
After tax
129 221
125 793
141 514
165 211
Living cost
35 595
35 595
35 595
35 595
Free-cash
93 626
90 198
105 919
129 616

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92407
₽77002
₽98203
₽95078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 680
pensions
-
-
-
9 388
total
-
-
-
70 068
Employee
49 901
-
175 753
-
income
9 087
-
48 627
-
pensions
3 809
-
11 334
-
health
651
-
2 436
-
total
13 547
-
62 397
-
Employer
49 901
-
175 753
-
pensions
5 042
-
22 408
-
health
948
-
3 339
-
total
5 990
-
25 747
-
Corporate
145 609
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.

27 665
38 285
-
-
total
27 665
38 285
-
-
Dividends
117 944
163 215
-
-
withholding
19 741
34 454
-
-
total
19 741
34 454
-
-
Income
201 500
201 500
201 500
201 500
Total tax
66 943
72 739
88 144
70 068
After tax
134 557
128 761
113 356
131 432
Living cost
36 354
36 354
36 354
36 354
Free-cash
98 203
92 407
77 002
95 078

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7192
₽86908
₽12714
₽114133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
56 979
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
63 854
Employee
36 987
-
183 083
-
income
5 074
-
44 168
-
pensions
4 165
-
7 531
-
health
4 235
-
20 963
-
total
13 474
-
72 662
-
Employer
36 987
-
183 083
-
unemployment
906
-
4 485
-
pensions
6 014
-
10 875
-
accident
618
-
3 057
-
total
7 538
-
18 417
-
Corporate
156 975
201 500
-
-
income

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

141 278
181 350
-
-
total
141 278
181 350
-
-
Dividends
15 698
20 150
-
-
withholding
2 983
3 829
-
-
total
2 983
3 829
-
-
Income
201 500
201 500
201 500
201 500
Total tax
165 273
185 179
91 079
63 854
After tax
36 227
16 321
110 421
137 646
Living cost
23 513
23 513
23 513
23 513
Free-cash
12 714
-7 192
86 908
114 133

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
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.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140916
₽133067
₽151747
₽111527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
783
income
-
-
-
33 660
health insurance
-
-
-
11 593
pensions
-
-
-
28 825
unemployment
-
-
-
1 880
total
-
-
-
76 741
Employee

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

21 171
-
201 500
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
33 660
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
55 201
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 329
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%.

1 803
20 150
-
-
total
1 803
20 150
-
-
Dividends
178 526
181 350
-
-
withholding
26 779
27 202
-
-
total
26 779
27 202
-
-
Income
201 500
201 500
201 500
201 500
Total tax
36 521
47 352
55 201
76 741
After tax
164 979
154 148
146 299
124 759
Living cost
13 232
13 232
13 232
13 232
Free-cash
151 747
140 916
133 067
111 527

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67074
₽46302
₽62613
₽54406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 078
national
-
-
-
52 833
regional
-
-
-
4 748
municipal
-
-
-
1 371
total
-
-
-
108 030
Employee
82 630
-
201 500
-
regional
1 248
-
4 242
-
national
13 964
-
46 316
-
municipal
493
-
1 234
-
social contributions
27 862
-
64 342
-
total
43 567
-
116 134
-
Employer
82 630
-
201 500
-
total
-
-
-
-
Corporate
118 870
201 500
-
-
nationa
28 528
48 359
-
-
municipal
5 729
9 712
-
-
total
34 257
58 071
-
-
Dividends
84 612
143 429
-
-
withholding
21 999
37 291
-
-
total
21 999
37 291
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 823
95 362
116 134
108 030
After tax
101 677
106 138
85 366
93 470
Living cost
39 064
39 064
39 064
39 064
Free-cash
62 613
67 074
46 302
54 406

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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