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
₽83212
₽72645
₽96442
₽71700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
201 500
trade
-
-
-
24 742
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.

-
-
-
65 975
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.

-
-
-
6 525
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.

-
-
-
3 629
total
-
-
-
100 871
Employee

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

36 530
-
201 500
-
surtax

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

56
-
3 629
-
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.

6 525
-
6 525
-
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.

1 020
-
65 975
-
total
7 601
-
76 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 970
201 500
-
-
trade
25 983
31 736
-
-
income
24 745
30 225
-
-
surtax

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

1 361
1 662
-
-
chamber of commerce
382
435
-
-
total
52 471
64 058
-
-
Dividends
112 497
137 442
-
-
withholding
27 761
33 998
-
-
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.

1 526
1 870
-
-
total
29 287
35 868
-
-
Income
201 500
201 500
201 500
201 500
Total tax
89 359
99 926
76 129
100 871
After tax
112 141
101 574
125 371
100 629
Living cost
28 929
28 929
28 929
28 929
Free-cash
83 212
72 645
96 442
71 700

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75859
₽76675
₽67982
₽66901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 180
municipal
-
-
-
22 294
national
-
-
-
36 898
total
-
-
-
85 538
Employee
76 054
-
174 195
-
national
14 557
-
38 606
-
municipal
9 394
-
23 074
-
pensions
3 042
-
6 968
-
total
26 993
-
68 648
-
Employer
76 054
-
174 195
-
pensions
6 084
-
13 936
-
social contributions
818
-
1 873
-
total
6 902
-
15 809
-
Corporate
113 525
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%.

22 705
40 300
-
-
total
22 705
40 300
-
-
Dividends
90 820
161 200
-
-
withholding
19 980
35 464
-
-
total
19 980
35 464
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 580
75 764
84 457
85 538
After tax
124 920
125 736
117 043
115 962
Living cost
49 061
49 061
49 061
49 061
Free-cash
75 859
76 675
67 982
66 901

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133495
₽141330
₽67034
₽52521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 594
income
-
-
-
41 132
microenterprise
-
-
-
-
surtax
-
-
-
51 383
total
-
-
-
129 109
Employee
27 908
-
156 828
-
surtax
-
-
22 741
-
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.

3 070
-
12 520
-
income
4 968
-
34 663
-
total
8 038
-
69 924
-
Employer
27 908
-
156 828
-
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.

6 722
-
27 421
-
surtax
-
-
17 251
-
total
6 722
-
44 672
-
Corporate
166 869
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%.

33 375
40 300
-
-
total
33 375
40 300
-
-
Dividends

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

133 495
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
48 135
40 300
114 596
129 109
After tax
153 365
161 200
86 904
72 391
Living cost
19 870
19 870
19 870
19 870
Free-cash
133 495
141 330
67 034
52 521

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54395
₽60250
₽88884
₽68920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
69 603
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
92 570
Employee
81 561
81 561
183 751
-
health
12 519
10 648
11 777
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
31 890
-
total
40 550
35 188
54 857
-
Employer
81 561
81 561
183 751
-
pensions
5 677
5 677
7 056
-
unemployment
2 936
2 936
3 648
-
health
5 669
5 669
7 045
-
total
14 282
14 282
17 749
-
Corporate
106 658
105 657
-
-
income
21 331
21 131
-
-
total
21 331
21 131
-
-
Dividends
85 327
84 526
-
-
withholding
12 800
12 678
-
-
income
18 132
17 961
-
-
total
30 932
30 639
-
-
Income
201 500
201 500
201 500
201 500
Total tax
107 095
101 240
72 606
92 570
After tax
94 405
100 260
128 894
108 930
Living cost
40 010
40 010
40 010
40 010
Free-cash
54 395
60 250
88 884
68 920

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69740
₽70625
₽61417
₽62373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
52 629
accident
-
-
-
173
national
-
-
-
22 093
health
-
-
-
5 387
total
-
-
-
99 733
Employee
56 132
-
174 373
-
national
-
-
21 564
-
municipal
16 739
-
51 998
-
total
16 739
-
73 562
-
Employer
56 132
-
174 373
-
other
6 523
-
10 032
-
accident
112
-
173
-
pensions
6 068
-
9 333
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 310
-
total
17 637
-
27 127
-
Corporate
127 731
201 500
-
-
income
28 101
44 330
-
-
total
28 101
44 330
-
-
Dividends
99 630
157 170
-
-
withholding
29 889
47 151
-
-
total
29 889
47 151
-
-
Income
201 500
201 500
201 500
201 500
Total tax
92 366
91 481
100 689
99 733
After tax
109 134
110 019
100 811
101 767
Living cost
39 394
39 394
39 394
39 394
Free-cash
69 740
70 625
61 417
62 373

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76440
₽63019
₽87851
₽62009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
201 500
trade
-
-
-
25 842
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.

-
-
-
65 975
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.

-
-
-
6 525
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.

-
-
-
3 629
total
-
-
-
101 971
Employee

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

48 434
-
201 500
-
surtax

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

228
-
3 629
-
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.

6 525
-
6 525
-
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.

4 161
-
65 975
-
total
10 914
-
76 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 066
201 500
-
-
trade
25 179
33 146
-
-
income
22 960
30 225
-
-
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.

1 263
1 662
-
-
chamber of commerce
362
431
-
-
total
49 764
65 464
-
-
Dividends
103 301
136 036
-
-
withholding
25 461
33 646
-
-
surtax

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

1 401
1 851
-
-
total
26 862
35 497
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 540
100 961
76 129
101 971
After tax
113 960
100 539
125 371
99 529
Living cost
37 520
37 520
37 520
37 520
Free-cash
76 440
63 019
87 851
62 009

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
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.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111949
₽115909
₽103400
₽105082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
44 849
health
-
-
-
5 138
total
-
-
-
65 440
Employee
73 442
73 442
189 768
-
health
730
1 249
3 226
-
social contributions
3 569
6 095
8 221
-
income
7 712
6 799
43 943
-
total
12 011
14 143
55 390
-
Employer
73 442
73 442
189 768
-
social contributions
3 569
6 095
8 221
-
health
796
1 359
3 511
-
total
4 365
7 454
11 732
-
Corporate
154 146
120 604
-
-
income
19 268
15 076
-
-
total
19 268
15 076
-
-
Dividends
134 878
105 528
-
-
withholding
22 929
17 940
-
-
total
22 929
17 940
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 573
54 613
67 122
65 440
After tax
142 927
146 887
134 378
136 060
Living cost
30 978
30 978
30 978
30 978
Free-cash
111 949
115 909
103 400
105 082

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95827
₽95460
₽99142
₽121920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
3 023
income
-
-
-
24 633
pensions
-
-
-
20 150
health
-
-
-
14 105
total
-
-
-
61 911
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.

25 506
10 151
168 619
-
unemployment
383
152
2 529
-
health
1 785
711
11 803
-
pensions
2 551
1 015
16 862
-
income
3 118
1 241
20 614
-
total
7 837
3 119
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.

25 506
10 151
168 619
-
pensions
4 974
1 979
32 881
-
total
4 974
1 979
32 881
-
Corporate
171 020
189 369
-
-
income
15 392
17 043
-
-
total
15 392
17 043
-
-
Dividends
155 628
172 326
-
-
withholding
29 569
32 742
-
-
social contributions
30 232
33 488
-
-
total
59 801
66 230
-
-
Income
201 500
201 500
201 500
201 500
Total tax
88 004
88 371
84 689
61 911
After tax
113 496
113 129
116 811
139 589
Living cost
17 669
17 669
17 669
17 669
Free-cash
95 827
95 460
99 142
121 920

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽132198
₽138131
₽93072
₽84936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
27 000
pensions
-
-
-
40 300
health
-
-
-
26 195
total
-
-
-
93 495
Employee
27 094
-
150 597
-
unemployment
433
-
2 409
-
pensions
542
-
3 012
-
income
3 050
-
29 036
-
total
4 025
-
34 457
-
Employer
27 094
-
150 597
-
pensions
5 419
-
30 119
-
unemployment
217
-
1 205
-
health
3 522
-
19 578
-
total
9 158
-
50 902
-
Corporate
165 247
201 500
-
-
income
33 050
40 300
-
-
total
33 050
40 300
-
-
Dividends
132 197
161 200
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
46 233
40 300
85 359
93 495
After tax
155 267
161 200
116 141
108 005
Living cost
23 069
23 069
23 069
23 069
Free-cash
132 198
138 131
93 072
84 936

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and 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 Tallinn model

Close
Gdansk , Poland
₽13025
-₽5163
₽89002
₽116155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
362
income
-
-
-
57 058
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
63 860
Employee
33 797
-
183 193
-
health
3 870
-
20 976
-
pensions
3 806
-
7 451
-
income
4 637
-
44 280
-
total
12 313
-
72 707
-
Employer
33 797
-
183 193
-
accident
564
-
3 059
-
pensions
5 496
-
10 759
-
unemployment
828
-
4 488
-
total
6 888
-
18 306
-
Corporate
160 815
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.

144 733
181 350
-
-
total
144 733
181 350
-
-
Dividends
16 082
20 150
-
-
withholding
3 056
3 828
-
-
total
3 056
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
166 990
185 178
91 013
63 860
After tax
34 510
16 322
110 487
137 640
Living cost
21 485
21 485
21 485
21 485
Free-cash
13 025
-5 163
89 002
116 155

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽182134
₽183601
₽153376
₽191661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
201 500
microenterprise

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

-
-
-
2 015
total
-
-
-
2 015
Employee
9 780
-
201 500
-
income
1 956
-
40 300
-
total
1 956
-
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%.

191 720
201 500
-
-
total
-
-
-
-
Dividends
191 720
201 500
-
-
withholding
9 586
10 075
-
-
total
9 586
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
11 542
10 075
40 300
2 015
After tax
189 958
191 425
161 200
199 485
Living cost
7 824
7 824
7 824
7 824
Free-cash
182 134
183 601
153 376
191 661

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116144
₽122593
₽91911
₽93608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
6 898
income
-
-
-
34 297
pensions

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

-
-
-
34 857
health
-
-
-
6 391
total
-
-
-
82 443
Employee
34 678
-
164 745
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
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.

2 427
-
10 166
-
income
5 970
-
33 732
-
total
9 229
-
47 384
-
Employer
34 678
-
164 745
-
other
1 735
-
7 261
-
accident
277
-
1 318
-
pensions

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

5 896
-
24 691
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
total
8 740
-
36 756
-
Corporate
158 082
201 500
-
-
income
33 197
42 315
-
-
total
33 197
42 315
-
-
Dividends
124 885
159 185
-
-
withholding
8 741
11 143
-
-
total
8 741
11 143
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 907
53 458
84 140
82 443
After tax
141 593
148 042
117 360
119 057
Living cost
25 449
25 449
25 449
25 449
Free-cash
116 144
122 593
91 911
93 608

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72726
₽65156
₽50011
₽68051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 403
pensions
-
-
-
9 176
total
-
-
-
70 579
Employee
88 951
-
175 690
-
health
1 466
-
2 408
-
pensions
8 581
-
11 025
-
income
16 034
-
49 376
-
total
26 081
-
62 809
-
Employer
88 951
-
175 690
-
pensions
10 503
-
22 473
-
health
1 689
-
3 337
-
total
12 192
-
25 810
-
Corporate
100 357
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.

19 067
38 286
-
-
total
19 067
38 286
-
-
Dividends
81 290
163 214
-
-
withholding
8 564
35 188
-
-
total
8 564
35 188
-
-
Income
201 500
201 500
201 500
201 500
Total tax
65 904
73 474
88 619
70 579
After tax
135 596
128 026
112 881
130 921
Living cost
62 870
62 870
62 870
62 870
Free-cash
72 726
65 156
50 011
68 051

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽155324
₽159762
₽158109
₽149848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
133
income
-
-
-
30 225
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
39 131
Employee
16 580
-
194 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
19 495
-
total
4 060
-
24 325
-
Employer
16 580
-
194 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
181 667
201 500
-
-
income
18 167
20 150
-
-
total
18 167
20 150
-
-
Dividends
163 500
181 350
-
-
withholding
8 175
9 067
-
-
total
8 175
9 067
-
-
Income
201 500
201 500
201 500
201 500
Total tax
33 655
29 217
30 870
39 131
After tax
167 845
172 283
170 630
162 369
Living cost
12 521
12 521
12 521
12 521
Free-cash
155 324
159 762
158 109
149 848

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49700
₽47299
₽75933
₽55969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
69 603
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
92 570
Employee
88 549
81 561
183 751
-
health
11 047
10 648
11 777
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
31 890
-
total
35 587
35 188
54 857
-
Employer
88 549
81 561
183 751
-
pensions
6 162
5 677
7 056
-
unemployment
3 188
2 936
3 648
-
health
6 153
5 669
7 045
-
total
15 503
14 282
17 749
-
Corporate
97 448
105 657
-
-
income
19 489
21 131
-
-
total
19 489
21 131
-
-
Dividends
77 958
84 526
-
-
withholding
11 694
12 678
-
-
income
16 566
17 961
-
-
total
28 260
30 639
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 839
101 240
72 606
92 570
After tax
102 661
100 260
128 894
108 930
Living cost
52 961
52 961
52 961
52 961
Free-cash
49 700
47 299
75 933
55 969

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽106547
₽115011
₽85170
₽93788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
21 024
health
-
-
-
27 203
solidarity contribution
-
-
-
1 628
total
-
-
-
83 990
Employee
34 885
-
158 050
-
solidarity contribution
-
-
855
-
health
4 710
-
21 337
-
social contributions
2 268
-
7 599
-
income
4 186
-
19 367
-
total
11 164
-
49 158
-
Employer
34 885
-
158 050
-
social contributions
8 721
-
29 225
-
health
3 140
-
14 225
-
total
11 861
-
43 450
-
Corporate
154 754
201 500
-
-
income
29 403
38 285
-
-
total
29 403
38 285
-
-
Dividends
125 351
163 215
-
-
withholding
18 803
24 482
-
-
total
18 803
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 231
62 767
92 608
83 990
After tax
130 269
138 733
108 892
117 510
Living cost
23 722
23 722
23 722
23 722
Free-cash
106 547
115 011
85 170
93 788

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62222
₽67207
₽47875
₽55973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 485
social contributions
-
-
-
47 802
municipal
-
-
-
1 229
national
-
-
-
53 710
total
-
-
-
105 226
Employee
84 882
-
201 500
-
national
14 708
-
47 318
-
regional
801
-
2 226
-
municipal
449
-
1 111
-
social contributions
28 622
-
62 669
-
total
44 580
-
113 324
-
Employer
84 882
-
201 500
-
total
-
-
-
-
Corporate
116 618
201 500
-
-
nationa
27 988
48 360
-
-
municipal
4 547
7 859
-
-
total
32 535
56 219
-
-
Dividends
84 082
145 281
-
-
withholding
21 862
37 773
-
-
total
21 862
37 773
-
-
Income
201 500
201 500
201 500
201 500
Total tax
98 977
93 992
113 324
105 226
After tax
102 523
107 508
88 176
96 274
Living cost
40 301
40 301
40 301
40 301
Free-cash
62 222
67 207
47 875
55 973

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102695
₽105667
₽67999
₽73837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
61 620
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
10 206
total
-
-
-
106 587
Employee
31 584
-
174 668
-
surtax
103
-
9 062
-
unemployment
2 199
-
8 872
-
other
-
-
-
-
health
807
-
3 250
-
pensions
2 106
-
8 502
-
income
5 294
-
55 907
-
total
10 509
-
85 593
-
Employer
31 584
-
174 668
-
other
-
-
-
-
pensions
4 210
-
16 992
-
unemployment
1 000
-
4 040
-
health
1 437
-
5 800
-
total
6 647
-
26 832
-
Corporate
163 268
201 500
-
-
income
42 450
52 391
-
-
total
42 450
52 391
-
-
Dividends
120 818
149 109
-
-
withholding
18 123
22 366
-
-
total
18 123
22 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 729
74 757
112 425
106 587
After tax
123 771
126 743
89 075
94 913
Living cost
21 076
21 076
21 076
21 076
Free-cash
102 695
105 667
67 999
73 837

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91285
₽85075
₽69930
₽87970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 403
pensions
-
-
-
9 176
total
-
-
-
70 579
Employee
59 613
-
175 690
-
health
865
-
2 408
-
pensions
5 060
-
11 025
-
income
10 737
-
49 376
-
total
16 662
-
62 809
-
Employer
59 613
-
175 690
-
pensions
6 453
-
22 473
-
health
1 132
-
3 337
-
total
7 585
-
25 810
-
Corporate
134 302
201 500
-
-
income

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

25 518
38 286
-
-
total
25 518
38 286
-
-
Dividends
108 783
163 214
-
-
withholding
17 499
35 188
-
-
total
17 499
35 188
-
-
Income
201 500
201 500
201 500
201 500
Total tax
67 264
73 474
88 619
70 579
After tax
134 236
128 026
112 881
130 921
Living cost
42 951
42 951
42 951
42 951
Free-cash
91 285
85 075
69 930
87 970

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48794
₽16374
₽77058
₽85258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 030
city
-
-
-
2 123
regional
-
-
-
10 800
pensions
-
-
-
18 539
national
-
-
-
4 530
health
-
-
-
453
total
-
-
-
40 475
Employee
88 667
-
180 861
-
national
420
-
3 562
-
unemployment
-
-
-
-
city
952
-
1 950
-
regional
2 903
-
9 483
-
health
200
-
407
-
pensions
7 449
-
14 624
-
total
11 924
-
30 026
-
Employer
88 667
-
180 861
-
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.

1 773
-
3 618
-
pensions
7 449
-
14 624
-
unemployment
-
-
-
-
health
200
-
407
-
total
9 422
-
18 649
-
Corporate
102 435
201 500
-
-
regional
21 665
42 617
-
-
national
8 706
17 127
-
-
total
30 371
59 744
-
-
Dividends
72 064
141 756
-
-
withholding
25 222
49 615
-
-
total
25 222
49 615
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 939
109 359
48 675
40 475
After tax
124 561
92 141
152 825
161 025
Living cost
75 767
75 767
75 767
75 767
Free-cash
48 794
16 374
77 058
85 258

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71236
₽55748
₽81618
₽54676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
201 500
trade
-
-
-
26 942
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.

-
-
-
65 975
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.

-
-
-
6 525
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.

-
-
-
3 629
total
-
-
-
103 071
Employee

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

57 399
-
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.

372
-
3 629
-
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.

6 525
-
6 525
-
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.

6 750
-
65 975
-
total
13 647
-
76 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 101
201 500
-
-
trade
24 713
34 558
-
-
income
21 615
30 225
-
-
surtax

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

1 189
1 662
-
-
chamber of commerce
348
428
-
-
total
47 865
66 873
-
-
Dividends
96 236
134 628
-
-
withholding
23 696
33 295
-
-
surtax

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

1 303
1 831
-
-
total
24 999
35 126
-
-
Income
201 500
201 500
201 500
201 500
Total tax
86 511
101 999
76 129
103 071
After tax
114 989
99 501
125 371
98 429
Living cost
43 753
43 753
43 753
43 753
Free-cash
71 236
55 748
81 618
54 676

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74522
₽68881
₽73695
₽78743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
6 246
social contributions
-
-
-
5 742
income
-
-
-
35 774
pensions
-
-
-
32 759
health
-
-
-
9 559
surtax
-
-
-
-
total
-
-
-
90 080
Employee
40 876
-
154 280
-
surtax
-
-
-
-
pensions
4 622
-
11 419
-
social contributions
1 165
-
4 395
-
income
2 412
-
32 100
-
total
8 199
-
47 914
-
Employer
40 876
-
154 280
-
other
1 410
-
6 313
-
pensions
6 715
-
19 098
-
unemployment
1 655
-
6 248
-
social contributions
123
-
462
-
health
2 862
-
15 093
-
total
12 765
-
47 214
-
Corporate
147 859
201 500
-
-
income
41 400
56 420
-
-
surtax
-
-
-
-
total
41 400
56 420
-
-
Dividends
106 458
145 080
-
-
withholding
13 626
18 570
-
-
social contributions
18 311
24 952
-
-
surtax
-
-
-
-
total
31 937
43 522
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 301
99 942
95 128
90 080
After tax
107 199
101 558
106 372
111 420
Living cost
32 677
32 677
32 677
32 677
Free-cash
74 522
68 881
73 695
78 743

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77423
₽72119
₽76933
₽81981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
6 246
social contributions
-
-
-
5 742
income
-
-
-
35 774
pensions
-
-
-
32 759
health
-
-
-
9 559
surtax
-
-
-
-
total
-
-
-
90 080
Employee
36 488
-
154 280
-
surtax
-
-
-
-
pensions
4 127
-
11 419
-
social contributions
1 040
-
4 395
-
income
1 881
-
32 100
-
total
7 048
-
47 914
-
Employer
36 488
-
154 280
-
other
1 260
-
6 313
-
pensions
5 996
-
19 098
-
unemployment
1 477
-
6 248
-
social contributions
109
-
462
-
health
2 554
-
15 093
-
total
11 396
-
47 214
-
Corporate
153 617
201 500
-
-
income
43 013
56 420
-
-
surtax
-
-
-
-
total
43 013
56 420
-
-
Dividends
110 604
145 080
-
-
withholding
14 157
18 570
-
-
social contributions
19 024
24 952
-
-
surtax
-
-
-
-
total
33 181
43 522
-
-
Income
201 500
201 500
201 500
201 500
Total tax
94 638
99 942
95 128
90 080
After tax
106 862
101 558
106 372
111 420
Living cost
29 439
29 439
29 439
29 439
Free-cash
77 423
72 119
76 933
81 981

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103178
₽102682
₽104019
₽109151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 807
income
-
-
-
30 225
health
-
-
-
14 065
total
-
-
-
72 097
Employee
32 383
-
201 500
-
health
2 260
-
14 065
-
social contributions
4 470
-
27 807
-
income
5 401
-
35 357
-
total
12 131
-
77 229
-
Employer
32 383
-
201 500
-
total
-
-
-
-
Corporate
169 117
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%.

8 455
10 075
-
-
total
8 455
10 075
-
-
Dividends
160 662
191 425
-
-
health
11 214
13 361
-
-
withholding
24 098
28 713
-
-
social contributions
22 172
26 417
-
-
total
57 484
68 491
-
-
Income
201 500
201 500
201 500
201 500
Total tax
78 070
78 566
77 229
72 097
After tax
123 430
122 934
124 271
129 403
Living cost
20 252
20 252
20 252
20 252
Free-cash
103 178
102 682
104 019
109 151

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76041
₽77516
₽19313
₽69788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
807
unemployment
-
-
-
5 858
income
-
-
-
62 028
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
188
total
-
-
-
98 058
Employee
47 731
38 062
165 280
-
unemployment
1 432
1 142
3 348
-
other
477
381
1 116
-
health
1 847
1 474
4 317
-
pensions
4 888
3 897
11 426
-
income
5 434
2 807
51 691
-
total
14 078
9 701
71 898
-
Employer
47 731
38 062
165 280
-
payroll
1 432
1 142
4 959
-
other
2 267
1 807
7 393
-
accident
620
495
1 450
-
pensions
5 990
4 778
14 003
-
unemployment
1 432
1 142
3 348
-
chamber of commerce
190
152
662
-
surtax
188
188
188
-
health
1 803
1 439
4 218
-
total
13 922
11 143
36 221
-
Corporate
139 846
152 295
161 655
-
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.

34 962
38 074
40 414
-
total
34 962
38 074
40 414
-
Dividends
104 883
114 221
-
-
withholding
28 843
31 412
-
-
total
28 843
31 412
-
-
Income
201 500
201 500
201 500
201 500
Total tax
91 805
90 330
148 533
98 058
After tax
109 695
111 170
52 967
103 442
Living cost
33 654
33 654
33 654
33 654
Free-cash
76 041
77 516
19 313
69 788

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63476
₽76497
₽34263
₽52749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 812
national
-
-
-
79 454
communal

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

-
-
-
10 661
total
-
-
-
113 927
Employee

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

68 318
-
156 071
-
national
21 004
-
58 446
-
unemployment

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

594
-
1 358
-
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.

3 210
-
7 335
-
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.

5 124
-
11 705
-
communal

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

3 563
-
8 140
-
total
33 495
-
86 984
-
Employer

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

68 318
-
156 071
-
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.

888
-
2 028
-
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.

6 054
-
13 827
-
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.

997
-
2 278
-
surtax
7 746
-
17 697
-
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.

4 201
-
9 599
-
total
19 886
-
45 429
-
Corporate
113 296
201 500
-
-
income
22 659
42 123
-
-
surtax
453
843
-
-
total
23 112
42 966
-
-
Dividends
90 183
158 534
-
-
withholding

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

26 707
47 213
-
-
total
26 707
47 213
-
-
Income
201 500
201 500
201 500
201 500
Total tax
103 200
90 179
132 413
113 927
After tax
98 300
111 321
69 087
87 573
Living cost
34 824
34 824
34 824
34 824
Free-cash
63 476
76 497
34 263
52 749

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92875
₽99419
₽74209
₽78217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
62 233
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
88 791
Employee
47 542
-
173 278
-
unemployment
738
-
1 372
-
other
47
-
89
-
pensions
2 235
-
4 161
-
income
10 031
-
58 955
-
total
13 051
-
64 577
-
Employer
47 542
-
173 278
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 219
-
20 892
-
unemployment
2 615
-
4 868
-
total
15 154
-
28 222
-
Corporate
138 804
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.

20 822
30 225
-
-
total
20 822
30 225
-
-
Dividends
117 983
171 275
-
-
withholding
25 106
37 364
-
-
total
25 106
37 364
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 133
67 589
92 799
88 791
After tax
127 367
133 911
108 701
112 709
Living cost
34 492
34 492
34 492
34 492
Free-cash
92 875
99 419
74 209
78 217

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50245
₽63288
₽52028
₽43996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 819
pensions
-
-
-
30 203
accident
-
-
-
1 698
communal
-
-
-
12 734
health
-
-
-
14 157
surtax
-
-
-
9 990
total
-
-
-
105 601
Employee
72 328
-
179 990
-
surtax
4 433
-
11 031
-
health
3 219
-
8 009
-
pensions
5 785
-
14 400
-
income
6 986
-
42 619
-
total
20 423
-
76 059
-
Employer
72 328
-
179 990
-
accident
651
-
1 620
-
pensions
5 785
-
14 400
-
health
2 206
-
5 490
-
total
8 642
-
21 510
-
Corporate
120 530
201 500
-
-
income
18 079
30 225
-
-
communal
8 136
13 601
-
-
surtax
1 265
2 115
-
-
total
27 480
45 941
-
-
Dividends
93 050
155 560
-
-
withholding
13 958
23 334
-
-
income
28 849
17 034
-
-
total
42 807
40 368
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 352
86 309
97 569
105 601
After tax
102 148
115 191
103 931
95 899
Living cost
51 903
51 903
51 903
51 903
Free-cash
50 245
63 288
52 028
43 996

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
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.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102255
₽105291
₽67623
₽73461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
61 620
pensions
-
-
-
25 494
health
-
-
-
9 050
surtax
-
-
-
10 206
total
-
-
-
106 587
Employee
32 164
-
174 668
-
surtax
114
-
9 062
-
unemployment
2 238
-
8 872
-
other
-
-
-
-
health
821
-
3 250
-
pensions
2 146
-
8 502
-
income
5 392
-
55 907
-
total
10 711
-
85 593
-
Employer
32 164
-
174 668
-
other
-
-
-
-
pensions
4 288
-
16 992
-
unemployment
1 020
-
4 040
-
health
1 463
-
5 800
-
total
6 771
-
26 832
-
Corporate
162 565
201 500
-
-
income
42 266
52 391
-
-
total
42 266
52 391
-
-
Dividends
120 298
149 109
-
-
withholding
18 045
22 366
-
-
total
18 045
22 366
-
-
Income
201 500
201 500
201 500
201 500
Total tax
77 793
74 757
112 425
106 587
After tax
123 707
126 743
89 075
94 913
Living cost
21 452
21 452
21 452
21 452
Free-cash
102 255
105 291
67 623
73 461

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78064
₽80185
₽61857
₽69911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 120
social contributions
-
-
-
47 802
municipal
-
-
-
1 229
national
-
-
-
53 710
total
-
-
-
105 861
Employee
52 980
-
201 500
-
national
8 393
-
47 318
-
regional
713
-
2 817
-
municipal
281
-
1 111
-
social contributions
17 865
-
62 669
-
total
27 252
-
113 915
-
Employer
52 980
-
201 500
-
total
-
-
-
-
Corporate
148 520
201 500
-
-
nationa
35 646
48 360
-
-
municipal
7 382
10 014
-
-
total
43 028
58 374
-
-
Dividends
105 492
143 126
-
-
withholding
27 428
37 213
-
-
total
27 428
37 213
-
-
Income
201 500
201 500
201 500
201 500
Total tax
97 708
95 587
113 915
105 861
After tax
103 792
105 913
87 585
95 639
Living cost
25 728
25 728
25 728
25 728
Free-cash
78 064
80 185
61 857
69 911

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99074
₽109501
₽79660
₽88278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 135
income
-
-
-
21 024
health
-
-
-
27 203
solidarity contribution
-
-
-
1 628
total
-
-
-
83 990
Employee
42 988
-
158 050
-
solidarity contribution
-
-
855
-
health
5 803
-
21 337
-
social contributions
2 794
-
7 599
-
income
5 158
-
19 367
-
total
13 755
-
49 158
-
Employer
42 988
-
158 050
-
social contributions
10 747
-
29 225
-
health
3 869
-
14 225
-
total
14 616
-
43 450
-
Corporate
143 897
201 500
-
-
income
27 340
38 285
-
-
total
27 340
38 285
-
-
Dividends
116 556
163 215
-
-
withholding
17 483
24 482
-
-
total
17 483
24 482
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 194
62 767
92 608
83 990
After tax
128 306
138 733
108 892
117 510
Living cost
29 232
29 232
29 232
29 232
Free-cash
99 074
109 501
79 660
88 278

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80330
₽80802
₽22543
₽73159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
807
unemployment
-
-
-
5 858
income
-
-
-
62 028
pensions
-
-
-
20 642
health
-
-
-
8 535
surtax
-
-
-
-
total
-
-
-
97 870
Employee
41 750
38 062
165 456
-
unemployment
1 252
1 142
3 348
-
other
417
381
1 116
-
health
1 615
1 474
4 317
-
pensions
4 276
3 897
11 426
-
income
3 719
2 807
51 776
-
total
11 279
9 701
71 983
-
Employer
41 750
38 062
165 456
-
payroll
1 252
1 142
4 964
-
other
1 983
1 807
7 400
-
accident
542
495
1 450
-
pensions
5 240
4 778
14 003
-
unemployment
1 252
1 142
3 348
-
chamber of commerce
167
152
662
-
surtax
-
-
-
-
health
1 579
1 439
4 218
-
total
12 015
10 955
36 045
-
Corporate
147 736
152 484
161 831
-
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.

36 934
38 121
40 458
-
total
36 934
38 121
40 458
-
Dividends
110 801
114 363
-
-
withholding
30 471
31 450
-
-
total
30 471
31 450
-
-
Income
201 500
201 500
201 500
201 500
Total tax
90 699
90 227
148 486
97 870
After tax
110 801
111 273
53 014
103 630
Living cost
30 471
30 471
30 471
30 471
Free-cash
80 330
80 802
22 543
73 159

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176946
₽179232
₽149007
₽187292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
201 500
-
income
3 048
-
40 300
-
total
3 048
-
40 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

186 259
201 500
-
-
total
-
-
-
-
Dividends
186 259
201 500
-
-
withholding
9 313
10 075
-
-
total
9 313
10 075
-
-
Income
201 500
201 500
201 500
201 500
Total tax
12 361
10 075
40 300
2 015
After tax
189 139
191 425
161 200
199 485
Living cost
12 193
12 193
12 193
12 193
Free-cash
176 946
179 232
149 007
187 292

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105125
₽113114
₽64969
₽69342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
201 500
unemployment
-
-
-
303
income
-
-
-
49 611
pensions
-
-
-
36 798
health
-
-
-
19 828
total
-
-
-
106 540
Employee

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

42 234
-
174 351
-
unemployment
60
-
245
-
health
2 728
-
11 263
-
pensions
6 547
-
27 024
-
income
7 283
-
45 236
-
total
16 618
-
83 768
-
Employer

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

42 234
-
174 351
-
pensions
3 737
-
15 429
-
unemployment
25
-
105
-
health
2 813
-
11 611
-
total
6 575
-
27 145
-
Corporate
152 690
201 500
-
-
income
29 012
38 285
-
-
total
29 012
38 285
-
-
Dividends
123 678
163 215
-
-
withholding
18 552
24 483
-
-
total
18 552
24 483
-
-
Income
201 500
201 500
201 500
201 500
Total tax
70 757
62 768
110 913
106 540
After tax
130 743
138 732
90 587
94 960
Living cost
25 618
25 618
25 618
25 618
Free-cash
105 125
113 114
64 969
69 342

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37173
₽81963
₽148482
₽98623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
Corporate
61 098
201 500
-
-
income
13 441
44 330
-
-
total
13 441
44 330
-
-
Dividends
47 656
157 170
-
-
income
10 484
34 577
-
-
total
10 484
34 577
-
-
Income
201 500
201 500
201 500
201 500
Total tax
123 697
78 907
12 388
62 247
After tax
77 803
122 593
189 112
139 253
Living cost
40 630
40 630
40 630
40 630
Free-cash
37 173
81 963
148 482
98 623

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83693
₽84655
₽60543
₽75819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 702
surtax
-
-
-
-
total
-
-
-
95 723
Employee
43 927
-
162 828
-
surtax
-
-
-
-
social contributions
4 832
-
17 911
-
income
9 137
-
54 416
-
total
13 969
-
72 327
-
Employer
43 927
-
162 828
-
social contributions
10 433
-
38 672
-
total
10 433
-
38 672
-
Corporate
147 141
201 500
-
-
income
30 899
42 315
-
-
surtax
-
-
-
-
total
30 899
42 315
-
-
Dividends
116 242
159 185
-
-
withholding
32 548
44 572
-
-
total
32 548
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 849
86 887
110 999
95 723
After tax
113 651
114 613
90 501
105 777
Living cost
29 958
29 958
29 958
29 958
Free-cash
83 693
84 655
60 543
75 819

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61993
₽55429
₽60243
₽65291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
6 246
social contributions
-
-
-
5 742
income
-
-
-
35 774
pensions
-
-
-
32 759
health
-
-
-
9 559
surtax
-
-
-
-
total
-
-
-
90 080
Employee
59 819
-
154 280
-
surtax
-
-
-
-
pensions
6 766
-
11 419
-
social contributions
1 704
-
4 395
-
income
5 219
-
32 100
-
total
13 689
-
47 914
-
Employer
59 819
-
154 280
-
other
2 064
-
6 313
-
pensions
9 829
-
19 098
-
unemployment
2 423
-
6 248
-
social contributions
179
-
462
-
health
4 187
-
15 093
-
total
18 682
-
47 214
-
Corporate
122 998
201 500
-
-
income
34 440
56 420
-
-
surtax
-
-
-
-
total
34 440
56 420
-
-
Dividends
88 558
145 080
-
-
withholding
11 335
18 570
-
-
social contributions
15 232
24 952
-
-
surtax
-
-
-
-
total
26 567
43 522
-
-
Income
201 500
201 500
201 500
201 500
Total tax
93 378
99 942
95 128
90 080
After tax
108 122
101 558
106 372
111 420
Living cost
46 129
46 129
46 129
46 129
Free-cash
61 993
55 429
60 243
65 291

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149430
₽152639
₽123895
₽118541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 918
social contributions
-
-
-
44 331
total
-
-
-
54 249
Employee
30 705
-
174 458
-
social contributions
1 996
-
11 341
-
income
-
-
10 512
-
total
1 996
-
21 853
-
Employer
30 705
-
174 458
-
social contributions
4 760
-
27 042
-
total
4 760
-
27 042
-
Corporate
166 035
201 500
-
-
income
16 604
20 151
-
-
total
16 604
20 151
-
-
Dividends
149 432
181 349
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
23 360
20 151
48 895
54 249
After tax
178 140
181 349
152 605
147 251
Living cost
28 710
28 710
28 710
28 710
Free-cash
149 430
152 639
123 895
118 541

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6319
-₽6319
-₽6319
₽70968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
42 968
labour market
-
-
-
16 054
national
-
-
-
24 746
total
-
-
-
84 595
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
201 500
201 500
201 500
201 500
Total tax
161 882
161 882
161 882
84 595
After tax
39 618
39 618
39 618
116 905
Living cost
45 937
45 937
45 937
45 937
Free-cash
-6 319
-6 319
-6 319
70 968

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13075
-₽4846
₽89319
₽116472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
362
income
-
-
-
57 058
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
63 860
Employee
33 299
-
183 193
-
health
3 813
-
20 976
-
pensions
3 750
-
7 451
-
income
4 568
-
44 280
-
total
12 131
-
72 707
-
Employer
33 299
-
183 193
-
accident
556
-
3 059
-
pensions
5 414
-
10 759
-
unemployment
816
-
4 488
-
total
6 786
-
18 306
-
Corporate
161 415
201 500
-
-
income

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

145 273
181 350
-
-
total
145 273
181 350
-
-
Dividends
16 142
20 150
-
-
withholding
3 067
3 828
-
-
total
3 067
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
167 257
185 178
91 013
63 860
After tax
34 243
16 322
110 487
137 640
Living cost
21 168
21 168
21 168
21 168
Free-cash
13 075
-4 846
89 319
116 472

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽90480
₽87530
₽65384
₽88464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
201 500
municipal
-
-
-
35 783
national
-
-
-
37 881
health
-
-
-
2 704
total
-
-
-
76 368
Employee
50 249
-
169 512
-
national
830
-
23 668
-
unemployment
754
-
2 543
-
health
375
-
2 211
-
municipal
8 230
-
27 596
-
pensions
3 391
-
11 442
-
total
13 580
-
67 460
-
Employer
50 249
-
169 512
-
accident
51
-
170
-
pensions
8 718
-
29 411
-
unemployment
326
-
1 102
-
health
386
-
1 305
-
total
9 481
-
31 988
-
Corporate
141 770
201 500
-
-
income
28 354
40 300
-
-
total
28 354
40 300
-
-
Dividends

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

85 062
120 900
-
-
municipal
15 312
21 762
-
-
national
7 625
15 240
-
-
total
22 937
37 002
-
-
Income
201 500
201 500
201 500
201 500
Total tax
74 352
77 302
99 448
76 368
After tax
127 148
124 198
102 052
125 132
Living cost
36 668
36 668
36 668
36 668
Free-cash
90 480
87 530
65 384
88 464

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
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.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119577
₽124774
₽112265
₽113947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
44 849
health
-
-
-
5 138
total
-
-
-
65 440
Employee
73 442
73 442
189 768
-
health
569
1 249
3 226
-
social contributions
2 777
6 095
8 221
-
income
7 997
6 799
43 943
-
total
11 343
14 143
55 390
-
Employer
73 442
73 442
189 768
-
social contributions
2 777
6 095
8 221
-
health
618
1 359
3 511
-
total
3 395
7 454
11 732
-
Corporate
164 650
120 604
-
-
income
20 580
15 076
-
-
total
20 580
15 076
-
-
Dividends
144 070
105 528
-
-
withholding
24 492
17 940
-
-
total
24 492
17 940
-
-
Income
201 500
201 500
201 500
201 500
Total tax
59 810
54 613
67 122
65 440
After tax
141 690
146 887
134 378
136 060
Living cost
22 113
22 113
22 113
22 113
Free-cash
119 577
124 774
112 265
113 947

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146839
₽151699
₽136846
₽156002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
201 500
unemployment
-
-
-
27
income
-
-
-
20 776
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
30 334
Employee

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

21 923
-
192 166
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
18 407
-
total
6 759
-
40 156
-
Employer

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

21 923
-
192 166
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
177 321
201 500
-
-
income
15 959
18 135
-
-
total
15 959
18 135
-
-
Dividends
161 362
183 365
-
-
withholding
14 523
16 502
-
-
total
14 523
16 502
-
-
Income
201 500
201 500
201 500
201 500
Total tax
39 497
34 637
49 490
30 334
After tax
162 003
166 863
152 010
171 166
Living cost
15 164
15 164
15 164
15 164
Free-cash
146 839
151 699
136 846
156 002

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103430
₽107647
₽82437
₽86445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
62 233
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
88 791
Employee
35 315
-
173 278
-
unemployment
547
-
1 372
-
other
34
-
89
-
pensions
1 660
-
4 161
-
income
6 808
-
58 955
-
total
9 049
-
64 577
-
Employer
35 315
-
173 278
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 334
-
20 892
-
unemployment
1 943
-
4 868
-
total
11 260
-
28 222
-
Corporate
154 926
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.

23 239
30 225
-
-
total
23 239
30 225
-
-
Dividends
131 686
171 275
-
-
withholding
28 258
37 364
-
-
total
28 258
37 364
-
-
Income
201 500
201 500
201 500
201 500
Total tax
71 806
67 589
92 799
88 791
After tax
129 694
133 911
108 701
112 709
Living cost
26 264
26 264
26 264
26 264
Free-cash
103 430
107 647
82 437
86 445

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123629
₽123926
₽127974
₽128103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
income
-
-
-
69 310
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
71 587
Employee
2 757
-
200 015
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
69 241
-
total
947
-
70 231
-
Employer
2 757
-
200 015
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
198 123
201 500
-
-
income
43 587
44 330
-
-
total
43 587
44 330
-
-
Dividends
154 536
157 170
-
-
withholding
30 907
31 434
-
-
total
30 907
31 434
-
-
Income
201 500
201 500
201 500
201 500
Total tax
76 061
75 764
71 716
71 587
After tax
125 439
125 736
129 784
129 913
Living cost
1 810
1 810
1 810
1 810
Free-cash
123 629
123 926
127 974
128 103

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124408
₽129097
₽111989
₽111988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
201 500
unemployment
-
-
-
1 057
income
-
-
-
46 393
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
73 025
Employee

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

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

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

24 861
-
188 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
46 393
-
total
8 374
-
60 413
-
Employer

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

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

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

24 861
-
188 889
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
172 189
201 500
-
-
income
25 828
30 225
-
-
total
25 828
30 225
-
-
Dividends
146 360
171 275
-
-
withholding
21 954
25 691
-
-
total
21 954
25 691
-
-
Income
201 500
201 500
201 500
201 500
Total tax
60 605
55 916
73 024
73 025
After tax
140 895
145 584
128 476
128 475
Living cost
16 487
16 487
16 487
16 487
Free-cash
124 408
129 097
111 989
111 988

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88522
₽88865
₽64753
₽80029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 702
surtax
-
-
-
-
total
-
-
-
95 723
Employee
37 069
-
162 828
-
surtax
-
-
-
-
social contributions
4 078
-
17 911
-
income
7 243
-
54 416
-
total
11 321
-
72 327
-
Employer
37 069
-
162 828
-
social contributions
8 803
-
38 672
-
total
8 803
-
38 672
-
Corporate
155 628
201 500
-
-
income
32 682
42 315
-
-
surtax
-
-
-
-
total
32 682
42 315
-
-
Dividends
122 946
159 185
-
-
withholding
34 424
44 572
-
-
total
34 424
44 572
-
-
Income
201 500
201 500
201 500
201 500
Total tax
87 230
86 887
110 999
95 723
After tax
114 270
114 613
90 501
105 777
Living cost
25 748
25 748
25 748
25 748
Free-cash
88 522
88 865
64 753
80 029

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94096
₽100345
₽75135
₽79143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
62 233
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
88 791
Employee
46 126
-
173 278
-
unemployment
714
-
1 372
-
other
45
-
89
-
pensions
2 168
-
4 161
-
income
9 634
-
58 955
-
total
12 561
-
64 577
-
Employer
46 126
-
173 278
-
other
370
-
709
-
accident
913
-
1 753
-
pensions
10 886
-
20 892
-
unemployment
2 537
-
4 868
-
total
14 706
-
28 222
-
Corporate
140 667
201 500
-
-
income

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

21 101
30 225
-
-
total
21 101
30 225
-
-
Dividends
119 567
171 275
-
-
withholding
25 470
37 364
-
-
total
25 470
37 364
-
-
Income
201 500
201 500
201 500
201 500
Total tax
73 838
67 589
92 799
88 791
After tax
127 662
133 911
108 701
112 709
Living cost
33 566
33 566
33 566
33 566
Free-cash
94 096
100 345
75 135
79 143

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150033
₽155855
₽154202
₽145941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
unemployment
-
-
-
133
income
-
-
-
30 225
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
39 131
Employee
21 754
-
194 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
19 495
-
total
5 326
-
24 325
-
Employer
21 754
-
194 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
175 478
201 500
-
-
income
17 548
20 150
-
-
total
17 548
20 150
-
-
Dividends
157 931
181 350
-
-
withholding
7 897
9 067
-
-
total
7 897
9 067
-
-
Income
201 500
201 500
201 500
201 500
Total tax
35 039
29 217
30 870
39 131
After tax
166 461
172 283
170 630
162 369
Living cost
16 428
16 428
16 428
16 428
Free-cash
150 033
155 855
154 202
145 941

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79265
₽66774
₽88498
₽65955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
201 500
trade
-
-
-
22 543
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.

-
-
-
65 975
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.

-
-
-
6 525
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.

-
-
-
3 629
total
-
-
-
98 672
Employee

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

47 521
-
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.

216
-
3 629
-
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.

6 525
-
6 525
-
income

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

3 908
-
65 975
-
total
10 649
-
76 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 979
201 500
-
-
trade
22 096
28 916
-
-
income
23 096
30 225
-
-
surtax

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

1 271
1 662
-
-
chamber of commerce
372
440
-
-
total
46 835
61 243
-
-
Dividends
107 145
140 257
-
-
withholding
26 424
34 701
-
-
surtax

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

1 454
1 909
-
-
total
27 878
36 610
-
-
Income
201 500
201 500
201 500
201 500
Total tax
85 362
97 853
76 129
98 672
After tax
116 138
103 647
125 371
102 828
Living cost
36 873
36 873
36 873
36 873
Free-cash
79 265
66 774
88 498
65 955

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88754
₽86643
₽47893
₽47893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 388
income
-
-
-
64 813
total
-
-
-
99 201
Employee
74 709
-
201 500
-
social contributions
6 207
-
34 388
-
income
14 097
-
64 813
-
total
20 304
-
99 201
-
Employer
74 709
-
201 500
-
total
-
-
-
-
Corporate
126 791
201 500
-
-
income
15 848
25 188
-
-
total
15 848
25 188
-
-
Dividends
110 943
176 312
-
-
withholding
22 188
35 263
-
-
total
22 188
35 263
-
-
Income
201 500
201 500
201 500
201 500
Total tax
58 340
60 451
99 201
99 201
After tax
143 160
141 049
102 299
102 299
Living cost
54 406
54 406
54 406
54 406
Free-cash
88 754
86 643
47 893
47 893

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94596
₽91259
₽106572
₽130785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 820
income
-
-
-
30 225
total
-
-
-
36 045
Employee
43 814
-
197 107
-
social contributions
4 390
-
4 393
-
income
4 754
-
51 472
-
total
9 144
-
55 865
-
Employer
43 814
-
197 107
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
153 296
201 500
-
-
income
53 654
70 525
-
-
total
53 654
70 525
-
-
Dividends
99 642
130 975
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
201 500
201 500
201 500
201 500
Total tax
72 234
75 571
60 258
36 045
After tax
129 266
125 929
141 242
165 455
Living cost
34 670
34 670
34 670
34 670
Free-cash
94 596
91 259
106 572
130 785

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98676
₽93108
₽77963
₽96003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 403
pensions
-
-
-
9 176
total
-
-
-
70 579
Employee
47 929
-
175 690
-
health
625
-
2 408
-
pensions
3 658
-
11 025
-
income
8 728
-
49 376
-
total
13 011
-
62 809
-
Employer
47 929
-
175 690
-
pensions
4 842
-
22 473
-
health
911
-
3 337
-
total
5 753
-
25 810
-
Corporate
147 817
201 500
-
-
income

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

28 086
38 286
-
-
total
28 086
38 286
-
-
Dividends
119 732
163 214
-
-
withholding
21 056
35 188
-
-
total
21 056
35 188
-
-
Income
201 500
201 500
201 500
201 500
Total tax
67 906
73 474
88 619
70 579
After tax
133 594
128 026
112 881
130 921
Living cost
34 918
34 918
34 918
34 918
Free-cash
98 676
93 108
77 963
96 003

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12754
-₽6942
₽87223
₽114376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
201 500
other
-
-
-
362
income
-
-
-
57 058
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
63 860
Employee
36 595
-
183 193
-
health
4 190
-
20 976
-
pensions
4 121
-
7 451
-
income
5 021
-
44 280
-
total
13 332
-
72 707
-
Employer
36 595
-
183 193
-
accident
611
-
3 059
-
pensions
5 950
-
10 759
-
unemployment
896
-
4 488
-
total
7 457
-
18 306
-
Corporate
157 447
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.

141 702
181 350
-
-
total
141 702
181 350
-
-
Dividends
15 745
20 150
-
-
withholding
2 991
3 828
-
-
total
2 991
3 828
-
-
Income
201 500
201 500
201 500
201 500
Total tax
165 482
185 178
91 013
63 860
After tax
36 018
16 322
110 487
137 640
Living cost
23 264
23 264
23 264
23 264
Free-cash
12 754
-6 942
87 223
114 376

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽138361
₽141249
₽133879
₽112879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
201 500
unemployment
-
-
-
1 833
income
-
-
-
33 726
pensions
-
-
-
28 099
health insurance
-
-
-
11 301
work injury
-
-
-
764
total
-
-
-
75 723
Employee

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

20 637
-
201 500
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
33 726
-
total
7 739
-
54 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 863
201 500
-
-
income

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

18 086
20 150
-
-
total
18 086
20 150
-
-
Dividends
162 776
181 350
-
-
withholding
24 416
27 203
-
-
total
24 416
27 203
-
-
Income
201 500
201 500
201 500
201 500
Total tax
50 241
47 353
54 723
75 723
After tax
151 259
154 147
146 777
125 777
Living cost
12 898
12 898
12 898
12 898
Free-cash
138 361
141 249
133 879
112 879

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63744
₽68088
₽47912
₽55759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
4 798
social contributions
-
-
-
47 802
municipal
-
-
-
1 383
national
-
-
-
53 710
total
-
-
-
107 693
Employee
80 482
-
201 500
-
national
13 601
-
47 318
-
regional
1 215
-
4 304
-
municipal
480
-
1 249
-
social contributions
27 138
-
62 669
-
total
42 434
-
115 540
-
Employer
80 482
-
201 500
-
total
-
-
-
-
Corporate
121 018
201 500
-
-
nationa
29 045
48 360
-
-
municipal
5 832
9 713
-
-
total
34 877
58 073
-
-
Dividends
86 141
143 427
-
-
withholding
22 397
37 291
-
-
total
22 397
37 291
-
-
Income
201 500
201 500
201 500
201 500
Total tax
99 708
95 364
115 540
107 693
After tax
101 792
106 136
85 960
93 807
Living cost
38 048
38 048
38 048
38 048
Free-cash
63 744
68 088
47 912
55 759

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
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.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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