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
₽ 203500
per

Your estimated
City
free-cash

Dresden , Germany
₽71863
₽83085
₽71954
₽96574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
trade
-
-
-
24 620
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.

-
-
-
65 650
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.

-
-
-
6 932
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.

-
-
-
3 610
total
-
-
-
100 812
Employee

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

38 810
-
203 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

60
-
3 610
-
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.

1 084
-
65 650
-
total
8 076
-
76 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 690
203 500
-
-
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.

1 359
1 679
-
-
income
24 703
30 526
-
-
trade
25 939
32 051
-
-
chamber of commerce
391
447
-
-
total
52 392
64 703
-
-
Dividends
112 298
138 797
-
-
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.

1 523
1 887
-
-
withholding
27 690
34 313
-
-
total
29 213
36 200
-
-
Income
203 500
203 500
203 500
203 500
Total tax
89 681
100 903
76 192
100 812
After tax
113 819
102 597
127 308
102 688
Living cost
30 734
30 734
30 734
30 734
Free-cash
83 085
71 863
96 574
71 954

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75858
₽75009
₽66495
₽67587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
22 476
pensions
-
-
-
24 420
national
-
-
-
36 795
social contributions
-
-
-
2 188
total
-
-
-
85 879
Employee
79 255
-
175 924
-
municipal
9 789
-
23 264
-
pensions
3 170
-
7 037
-
national
15 169
-
38 521
-
total
28 128
-
68 822
-
Employer
79 255
-
175 924
-
social contributions
852
-
1 891
-
pensions
6 340
-
14 074
-
total
7 192
-
15 965
-
Corporate
111 822
203 500
-
-
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%.

22 364
40 700
-
-
total
22 364
40 700
-
-
Dividends
89 458
162 800
-
-
withholding
19 681
35 816
-
-
total
19 681
35 816
-
-
Income
203 500
203 500
203 500
203 500
Total tax
77 365
76 516
84 787
85 879
After tax
126 135
126 984
118 713
117 621
Living cost
51 126
51 126
51 126
51 126
Free-cash
75 009
75 858
67 587
66 495

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141689
₽133367
₽51242
₽66063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
microenterprise
-
-
-
-
income
-
-
-
40 379
surtax
-
-
-
51 892
social contributions

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

-
-
-
38 877
total
-
-
-
131 148
Employee
29 650
-
157 088
-
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.

3 262
-
13 302
-
surtax
-
-
22 777
-
income
5 278
-
33 836
-
total
8 540
-
69 915
-
Employer
29 650
-
157 088
-
social contributions

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

7 142
-
29 132
-
surtax
-
-
17 280
-
total
7 142
-
46 412
-
Corporate
166 708
203 500
-
-
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%.

33 341
40 701
-
-
total
33 341
40 701
-
-
Dividends

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

133 367
162 799
-
-
total
-
-
-
-
Income
203 500
203 500
203 500
203 500
Total tax
49 023
40 701
116 327
131 148
After tax
154 477
162 799
87 173
72 352
Living cost
21 110
21 110
21 110
21 110
Free-cash
133 367
141 689
66 063
51 242

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58614
₽52398
₽68119
₽87322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
68 474
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
92 874
Employee
86 650
86 650
184 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
30 414
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
54 814
-
Employer
86 650
86 650
184 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
102 739
101 677
-
-
income
20 548
20 336
-
-
total
20 548
20 336
-
-
Dividends
82 192
81 341
-
-
income
17 465
17 286
-
-
withholding
12 329
12 200
-
-
total
29 794
29 486
-
-
Income
203 500
203 500
203 500
203 500
Total tax
108 595
102 379
73 671
92 874
After tax
94 905
101 121
129 829
110 626
Living cost
42 507
42 507
42 507
42 507
Free-cash
52 398
58 614
87 322
68 119

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72006
₽71129
₽63486
₽62537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
53 280
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
22 800
total
-
-
-
100 909
Employee
55 722
-
176 571
-
municipal
16 616
-
52 654
-
national
-
-
22 275
-
total
16 616
-
74 929
-
Employer
55 722
-
176 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
130 271
203 500
-
-
income
28 660
44 770
-
-
total
28 660
44 770
-
-
Dividends
101 611
158 730
-
-
withholding
30 483
47 619
-
-
total
30 483
47 619
-
-
Income
203 500
203 500
203 500
203 500
Total tax
93 266
92 389
101 858
100 909
After tax
110 234
111 111
101 642
102 591
Living cost
39 105
39 105
39 105
39 105
Free-cash
71 129
72 006
62 537
63 486

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61688
₽75947
₽61731
₽87447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
trade
-
-
-
25 716
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.

-
-
-
65 650
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.

-
-
-
6 932
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.

-
-
-
3 610
total
-
-
-
101 908
Employee

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

51 457
-
203 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

243
-
3 610
-
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.

4 421
-
65 650
-
total
11 596
-
76 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 043
203 500
-
-
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.

1 254
1 679
-
-
income
22 806
30 526
-
-
trade
25 011
33 476
-
-
chamber of commerce
370
443
-
-
total
49 441
66 124
-
-
Dividends
102 603
137 376
-
-
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.

1 390
1 868
-
-
withholding
25 265
33 959
-
-
total
26 655
35 827
-
-
Income
203 500
203 500
203 500
203 500
Total tax
87 692
101 951
76 192
101 908
After tax
115 808
101 549
127 308
101 592
Living cost
39 861
39 861
39 861
39 861
Free-cash
75 947
61 688
87 447
61 731

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115463
₽111256
₽104942
₽103221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
44 041
health
-
-
-
5 189
social contributions
-
-
-
16 417
total
-
-
-
65 647
Employee
78 025
78 025
191 228
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
3 250
-
income
8 193
7 223
43 113
-
total
12 760
15 026
55 097
-
Employer
78 025
78 025
191 228
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
3 537
-
total
4 636
7 920
12 271
-
Corporate
153 191
117 556
-
-
income
19 150
14 694
-
-
total
19 150
14 694
-
-
Dividends
134 042
102 862
-
-
withholding
22 787
17 486
-
-
total
22 787
17 486
-
-
Income
203 500
203 500
203 500
203 500
Total tax
59 333
55 126
67 368
65 647
After tax
144 167
148 374
136 132
137 853
Living cost
32 911
32 911
32 911
32 911
Free-cash
111 256
115 463
103 221
104 942

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95789
₽96173
₽122499
₽99495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
24 878
pensions
-
-
-
20 350
unemployment
-
-
-
3 052
health
-
-
-
14 245
total
-
-
-
62 525
Employee

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
170 293
-
health
1 867
743
11 921
-
income
3 260
1 298
20 818
-
pensions
2 667
1 061
17 029
-
unemployment
400
159
2 554
-
total
8 194
3 261
52 322
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
170 293
-
pensions
5 201
2 070
33 207
-
total
5 201
2 070
33 207
-
Corporate
171 629
190 816
-
-
income
15 447
17 173
-
-
total
15 447
17 173
-
-
Dividends
156 182
173 642
-
-
social contributions
30 334
33 739
-
-
withholding
29 675
32 992
-
-
total
60 009
66 731
-
-
Income
203 500
203 500
203 500
203 500
Total tax
88 851
89 235
85 529
62 525
After tax
114 649
114 265
117 971
140 975
Living cost
18 476
18 476
18 476
18 476
Free-cash
96 173
95 789
99 495
122 499

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138291
₽131990
₽84568
₽92785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
27 270
pensions
-
-
-
40 699
health
-
-
-
26 455
total
-
-
-
94 424
Employee
28 785
-
152 093
-
income
3 241
-
29 324
-
pensions
576
-
3 042
-
unemployment
460
-
2 434
-
total
4 277
-
34 800
-
Employer
28 785
-
152 093
-
unemployment
231
-
1 217
-
pensions
5 757
-
30 418
-
health
3 741
-
19 772
-
total
9 729
-
51 407
-
Corporate
164 985
203 500
-
-
income
32 996
40 701
-
-
total
32 996
40 701
-
-
Dividends
131 989
162 799
-
-
total
-
-
-
-
Income
203 500
203 500
203 500
203 500
Total tax
47 002
40 701
86 207
94 424
After tax
156 498
162 799
117 293
109 076
Living cost
24 508
24 508
24 508
24 508
Free-cash
131 990
138 291
92 785
84 568

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5621
₽13095
₽116914
₽89365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
254
income
-
-
-
57 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 482
Employee
34 771
-
184 816
-
health
3 981
-
21 161
-
income
4 770
-
44 520
-
pensions
3 915
-
7 666
-
total
12 666
-
73 347
-
Employer
34 771
-
184 816
-
accident
580
-
3 086
-
unemployment
852
-
4 528
-
pensions
5 654
-
11 070
-
total
7 086
-
18 684
-
Corporate
161 642
203 500
-
-
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.

145 478
183 150
-
-
total
145 478
183 150
-
-
Dividends
16 164
20 350
-
-
withholding
3 071
3 867
-
-
total
3 071
3 867
-
-
Income
203 500
203 500
203 500
203 500
Total tax
168 301
187 017
92 031
64 482
After tax
35 199
16 483
111 469
139 018
Living cost
22 104
22 104
22 104
22 104
Free-cash
13 095
-5 621
89 365
116 914

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184063
₽182327
₽192203
₽153538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
203 500
microenterprise

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

-
-
-
2 035
total
-
-
-
2 035
Employee
11 577
-
203 500
-
income
2 315
-
40 700
-
total
2 315
-
40 700
-
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%.

191 923
203 500
-
-
total
-
-
-
-
Dividends
191 923
203 500
-
-
withholding
9 596
10 175
-
-
total
9 596
10 175
-
-
Income
203 500
203 500
203 500
203 500
Total tax
11 911
10 175
40 700
2 035
After tax
191 589
193 325
162 800
201 465
Living cost
9 262
9 262
9 262
9 262
Free-cash
182 327
184 063
153 538
192 203

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122474
₽115620
₽91518
₽89782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
33 794
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.

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
84 945
Employee
36 842
-
164 534
-
health
516
-
2 160
-
income
6 343
-
33 214
-
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.

2 578
-
10 800
-
unemployment
368
-
1 542
-
total
9 805
-
47 716
-
Employer
36 842
-
164 534
-
accident
295
-
1 317
-
other
1 843
-
7 714
-
unemployment
368
-
1 542
-
pensions

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

6 264
-
26 232
-
health
516
-
2 160
-
total
9 286
-
38 965
-
Corporate
157 373
203 500
-
-
income
33 048
42 736
-
-
total
33 048
42 736
-
-
Dividends
124 324
160 764
-
-
withholding
8 704
11 253
-
-
total
8 704
11 253
-
-
Income
203 500
203 500
203 500
203 500
Total tax
60 843
53 989
86 681
84 945
After tax
142 657
149 511
116 819
118 555
Living cost
27 037
27 037
27 037
27 037
Free-cash
115 620
122 474
89 782
91 518

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62235
₽69930
₽64729
₽46439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
60 617
pensions
-
-
-
9 675
total
-
-
-
70 292
Employee
96 888
-
177 554
-
health
1 597
-
2 485
-
income
17 465
-
48 422
-
pensions
9 347
-
11 731
-
total
28 409
-
62 638
-
Employer
96 888
-
177 554
-
pensions
11 440
-
22 570
-
health
1 840
-
3 374
-
total
13 280
-
25 944
-
Corporate
93 332
203 500
-
-
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.

17 733
38 664
-
-
total
17 733
38 664
-
-
Dividends
75 599
164 836
-
-
withholding
5 669
34 122
-
-
total
5 669
34 122
-
-
Income
203 500
203 500
203 500
203 500
Total tax
65 091
72 786
88 582
70 292
After tax
138 409
130 714
114 918
133 208
Living cost
68 479
68 479
68 479
68 479
Free-cash
69 930
62 235
46 439
64 729

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽160680
₽155962
₽150192
₽158439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
30 525
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
39 995
Employee
17 628
-
196 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
19 655
-
pensions

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

1 548
-
3 114
-
total
4 316
-
24 790
-
Employer
17 628
-
196 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
182 413
203 500
-
-
income
18 241
20 350
-
-
total
18 241
20 350
-
-
Dividends
164 172
183 150
-
-
withholding
8 209
9 157
-
-
total
8 209
9 157
-
-
Income
203 500
203 500
203 500
203 500
Total tax
34 225
29 507
31 748
39 995
After tax
169 275
173 993
171 752
163 505
Living cost
13 313
13 313
13 313
13 313
Free-cash
155 962
160 680
158 439
150 192

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
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.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44855
₽47407
₽54360
₽73563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
68 474
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
92 874
Employee
94 074
86 650
184 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
30 414
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
54 814
-
Employer
94 074
86 650
184 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
92 955
101 677
-
-
income
18 591
20 336
-
-
total
18 591
20 336
-
-
Dividends
74 363
81 341
-
-
income
15 803
17 286
-
-
withholding
11 155
12 200
-
-
total
26 958
29 486
-
-
Income
203 500
203 500
203 500
203 500
Total tax
99 827
102 379
73 671
92 874
After tax
103 673
101 121
129 829
110 626
Living cost
56 266
56 266
56 266
56 266
Free-cash
47 407
44 855
73 563
54 360

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115784
₽107104
₽94063
₽85401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
21 153
health
-
-
-
27 473
solidarity contribution
-
-
-
1 480
social contributions
-
-
-
35 005
total
-
-
-
85 111
Employee
35 774
-
159 202
-
social contributions
2 325
-
7 792
-
health
4 830
-
21 492
-
solidarity contribution
-
-
703
-
income
4 293
-
19 488
-
total
11 448
-
49 475
-
Employer
35 774
-
159 202
-
social contributions
8 944
-
29 970
-
health
3 220
-
14 328
-
total
12 164
-
44 298
-
Corporate
155 563
203 500
-
-
income
29 557
38 665
-
-
total
29 557
38 665
-
-
Dividends
126 006
164 835
-
-
withholding
18 901
24 725
-
-
total
18 901
24 725
-
-
Income
203 500
203 500
203 500
203 500
Total tax
72 070
63 390
93 773
85 111
After tax
131 430
140 110
109 727
118 389
Living cost
24 326
24 326
24 326
24 326
Free-cash
107 104
115 784
85 401
94 063

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽65760
₽60462
₽53706
₽44952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
1 221
regional
-
-
-
2 456
national
-
-
-
52 516
social contributions
-
-
-
50 785
total
-
-
-
106 978
Employee
90 179
-
203 500
-
social contributions
30 408
-
66 580
-
regional
851
-
2 182
-
municipal
478
-
1 096
-
national
15 626
-
45 874
-
total
47 363
-
115 732
-
Employer
90 179
-
203 500
-
total
-
-
-
-
Corporate
113 321
203 500
-
-
nationa
27 197
48 840
-
-
municipal
4 419
7 937
-
-
total
31 616
56 777
-
-
Dividends
81 705
146 723
-
-
withholding
21 243
38 147
-
-
total
21 243
38 147
-
-
Income
203 500
203 500
203 500
203 500
Total tax
100 222
94 924
115 732
106 978
After tax
103 278
108 576
87 768
96 522
Living cost
42 816
42 816
42 816
42 816
Free-cash
60 462
65 760
44 952
53 706

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105610
₽102453
₽73582
₽67376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
60 707
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
9 890
total
-
-
-
107 527
Employee
33 555
-
174 994
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
8 677
-
income
5 625
-
54 638
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
85 227
-
Employer
33 555
-
174 994
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
162 882
203 500
-
-
income
42 349
52 910
-
-
total
42 349
52 910
-
-
Dividends
120 533
150 590
-
-
withholding
18 079
22 589
-
-
total
18 079
22 589
-
-
Income
203 500
203 500
203 500
203 500
Total tax
78 656
75 499
113 733
107 527
After tax
124 844
128 001
89 767
95 973
Living cost
22 391
22 391
22 391
22 391
Free-cash
102 453
105 610
67 376
73 582

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83931
₽90695
₽86425
₽68135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
60 617
pensions
-
-
-
9 675
total
-
-
-
70 292
Employee
64 932
-
177 554
-
health
943
-
2 485
-
income
11 695
-
48 422
-
pensions
5 511
-
11 731
-
total
18 149
-
62 638
-
Employer
64 932
-
177 554
-
pensions
7 029
-
22 570
-
health
1 233
-
3 374
-
total
8 262
-
25 944
-
Corporate
130 306
203 500
-
-
income

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

24 758
38 664
-
-
total
24 758
38 664
-
-
Dividends
105 548
164 836
-
-
withholding
14 853
34 122
-
-
total
14 853
34 122
-
-
Income
203 500
203 500
203 500
203 500
Total tax
66 022
72 786
88 582
70 292
After tax
137 478
130 714
114 918
133 208
Living cost
46 783
46 783
46 783
46 783
Free-cash
90 695
83 931
68 135
86 425

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15728
₽48815
₽85429
₽77048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
city
-
-
-
2 145
pensions
-
-
-
18 722
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.

-
-
-
4 069
regional
-
-
-
10 852
health
-
-
-
459
national
-
-
-
4 498
total
-
-
-
40 745
Employee
90 491
-
182 599
-
city
971
-
1 968
-
regional
2 963
-
9 511
-
health
205
-
411
-
pensions
7 602
-
14 830
-
unemployment
-
-
-
-
national
428
-
3 513
-
total
12 169
-
30 233
-
Employer
90 491
-
182 599
-
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.

1 809
-
3 652
-
unemployment
-
-
-
-
pensions
7 602
-
14 830
-
health
205
-
411
-
total
9 616
-
18 893
-
Corporate
102 398
203 500
-
-
regional
21 657
43 041
-
-
national
8 705
17 298
-
-
total
30 362
60 339
-
-
Dividends
72 036
143 161
-
-
withholding
25 212
50 107
-
-
total
25 212
50 107
-
-
Income
203 500
203 500
203 500
203 500
Total tax
77 359
110 446
49 126
40 745
After tax
126 141
93 054
154 374
162 755
Living cost
77 326
77 326
77 326
77 326
Free-cash
48 815
15 728
77 048
85 429

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽54018
₽70474
₽54015
₽80825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
trade
-
-
-
26 810
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.

-
-
-
65 650
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.

-
-
-
6 932
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.

-
-
-
3 610
total
-
-
-
103 002
Employee

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

60 981
-
203 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

395
-
3 610
-
income

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

7 171
-
65 650
-
total
14 498
-
76 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 519
203 500
-
-
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.

1 177
1 679
-
-
income
21 378
30 526
-
-
trade
24 441
34 901
-
-
chamber of commerce
354
441
-
-
total
47 350
67 547
-
-
Dividends
95 170
135 953
-
-
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.

1 288
1 849
-
-
withholding
23 407
33 603
-
-
total
24 695
35 452
-
-
Income
203 500
203 500
203 500
203 500
Total tax
86 543
102 999
76 192
103 002
After tax
116 957
100 501
127 308
100 498
Living cost
46 483
46 483
46 483
46 483
Free-cash
70 474
54 018
80 825
54 015

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67848
₽73841
₽78790
₽74315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
34 584
pensions
-
-
-
33 927
other
-
-
-
6 308
health
-
-
-
9 377
surtax
-
-
-
-
social contributions
-
-
-
5 798
total
-
-
-
89 994
Employee
43 427
-
156 301
-
social contributions
1 238
-
4 454
-
surtax
-
-
-
-
income
2 563
-
31 461
-
pensions
4 910
-
11 363
-
total
8 711
-
47 278
-
Employer
43 427
-
156 301
-
other
1 498
-
6 307
-
social contributions
131
-
470
-
unemployment
1 758
-
6 329
-
pensions
7 134
-
19 039
-
health
3 040
-
15 046
-
total
13 561
-
47 191
-
Corporate
146 511
203 500
-
-
surtax
-
-
-
-
income
41 024
56 979
-
-
total
41 024
56 979
-
-
Dividends
105 487
146 521
-
-
surtax
-
-
-
-
social contributions
18 145
25 202
-
-
withholding
13 502
18 755
-
-
total
31 647
43 957
-
-
Income
203 500
203 500
203 500
203 500
Total tax
94 943
100 936
94 469
89 994
After tax
108 557
102 564
109 031
113 506
Living cost
34 716
34 716
34 716
34 716
Free-cash
73 841
67 848
74 315
78 790

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71288
₽76927
₽82230
₽77755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
34 584
pensions
-
-
-
33 927
other
-
-
-
6 308
health
-
-
-
9 377
surtax
-
-
-
-
social contributions
-
-
-
5 798
total
-
-
-
89 994
Employee
38 765
-
156 301
-
social contributions
1 105
-
4 454
-
surtax
-
-
-
-
income
1 999
-
31 461
-
pensions
4 384
-
11 363
-
total
7 488
-
47 278
-
Employer
38 765
-
156 301
-
other
1 338
-
6 307
-
social contributions
116
-
470
-
unemployment
1 569
-
6 329
-
pensions
6 370
-
19 039
-
health
2 713
-
15 046
-
total
12 106
-
47 191
-
Corporate
152 629
203 500
-
-
surtax
-
-
-
-
income
42 736
56 979
-
-
total
42 736
56 979
-
-
Dividends
109 893
146 521
-
-
surtax
-
-
-
-
social contributions
18 901
25 202
-
-
withholding
14 066
18 755
-
-
total
32 967
43 957
-
-
Income
203 500
203 500
203 500
203 500
Total tax
95 297
100 936
94 469
89 994
After tax
108 203
102 564
109 031
113 506
Living cost
31 276
31 276
31 276
31 276
Free-cash
76 927
71 288
77 755
82 230

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102637
₽103164
₽109171
₽104247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
30 526
health
-
-
-
14 205
social contributions
-
-
-
28 082
total
-
-
-
72 813
Employee
34 404
-
203 500
-
social contributions
4 748
-
28 082
-
health
2 401
-
14 205
-
income
5 738
-
35 450
-
total
12 887
-
77 737
-
Employer
34 404
-
203 500
-
total
-
-
-
-
Corporate
169 096
203 500
-
-
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
10 175
-
-
total
8 455
10 175
-
-
Dividends
160 641
193 325
-
-
health
11 213
13 494
-
-
social contributions
22 169
26 679
-
-
withholding
24 096
28 999
-
-
total
57 478
69 172
-
-
Income
203 500
203 500
203 500
203 500
Total tax
78 820
79 347
77 737
72 813
After tax
124 680
124 153
125 763
130 687
Living cost
21 516
21 516
21 516
21 516
Free-cash
103 164
102 637
104 247
109 171

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76606
₽75037
₽68760
₽17858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
chamber of commerce
-
-
-
815
income
-
-
-
60 751
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
98 986
Employee
50 709
40 437
165 740
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
50 188
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
71 657
-
Employer
50 709
40 437
165 740
-
accident
659
526
1 540
-
other
2 409
1 920
7 471
-
chamber of commerce
202
162
662
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
4 972
-
health
1 916
1 529
4 481
-
total
14 792
11 839
37 760
-
Corporate
137 998
151 225
161 889
-
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.

34 500
37 806
40 471
-
total
34 500
37 806
40 471
-
Dividends
103 498
113 419
-
-
withholding
28 462
31 190
-
-
total
28 462
31 190
-
-
Income
203 500
203 500
203 500
203 500
Total tax
92 709
91 140
149 888
98 986
After tax
110 791
112 360
53 612
104 514
Living cost
35 754
35 754
35 754
35 754
Free-cash
75 037
76 606
17 858
68 760

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76060
₽61543
₽51387
₽33270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
national
-
-
-
79 125
communal

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

-
-
-
10 693
social contributions
-
-
-
25 298
total
-
-
-
115 116
Employee

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

72 581
-
157 616
-
communal

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

3 786
-
8 220
-
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.

3 410
-
7 408
-
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.

5 444
-
11 821
-
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.

632
-
1 371
-
national
22 314
-
58 531
-
total
35 586
-
87 351
-
Employer

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

72 581
-
157 616
-
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.

944
-
2 051
-
unemployment

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

1 059
-
2 301
-
surtax
8 230
-
17 873
-
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.

6 431
-
13 964
-
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.

4 463
-
9 693
-
total
21 127
-
45 882
-
Corporate
109 792
203 500
-
-
surtax
439
834
-
-
income
21 959
41 684
-
-
total
22 398
42 518
-
-
Dividends
87 394
160 982
-
-
withholding

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

25 849
47 925
-
-
total
25 849
47 925
-
-
Income
203 500
203 500
203 500
203 500
Total tax
104 960
90 443
133 233
115 116
After tax
98 540
113 057
70 267
88 384
Living cost
36 997
36 997
36 997
36 997
Free-cash
61 543
76 060
33 270
51 387

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98702
₽91752
₽77281
₽73023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
847
income
-
-
-
61 359
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 574
Employee
50 509
-
173 517
-
other
50
-
94
-
income
10 657
-
57 876
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
63 849
-
Employer
50 509
-
173 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
136 892
203 500
-
-
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.

20 534
30 526
-
-
total
20 534
30 526
-
-
Dividends
116 358
172 974
-
-
withholding
24 605
37 627
-
-
total
24 605
37 627
-
-
Income
203 500
203 500
203 500
203 500
Total tax
75 103
68 153
93 832
89 574
After tax
128 397
135 347
109 668
113 926
Living cost
36 645
36 645
36 645
36 645
Free-cash
91 752
98 702
73 023
77 281

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62004
₽48320
₽42697
₽50810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
1 716
income
-
-
-
36 196
pensions
-
-
-
30 503
health
-
-
-
14 297
surtax
-
-
-
10 088
communal
-
-
-
12 861
total
-
-
-
105 661
Employee
76 841
-
181 778
-
health
3 420
-
8 089
-
surtax
4 710
-
11 139
-
income
7 422
-
42 055
-
pensions
6 146
-
14 542
-
total
21 698
-
75 825
-
Employer
76 841
-
181 778
-
accident
691
-
1 637
-
pensions
6 146
-
14 542
-
health
2 343
-
5 544
-
total
9 180
-
21 723
-
Corporate
117 478
203 500
-
-
surtax
1 234
2 137
-
-
communal
7 929
13 737
-
-
income
17 621
30 526
-
-
total
26 784
46 400
-
-
Dividends
90 693
157 100
-
-
income
28 772
16 389
-
-
withholding
13 604
23 565
-
-
total
42 376
39 954
-
-
Income
203 500
203 500
203 500
203 500
Total tax
100 038
86 354
97 548
105 661
After tax
103 462
117 146
105 952
97 839
Living cost
55 142
55 142
55 142
55 142
Free-cash
48 320
62 004
50 810
42 697

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105210
₽101985
₽73182
₽66976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
60 707
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
9 890
total
-
-
-
107 527
Employee
34 171
-
174 994
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
8 677
-
income
5 729
-
54 638
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
85 227
-
Employer
34 171
-
174 994
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
162 135
203 500
-
-
income
42 154
52 910
-
-
total
42 154
52 910
-
-
Dividends
119 981
150 590
-
-
withholding
17 996
22 589
-
-
total
17 996
22 589
-
-
Income
203 500
203 500
203 500
203 500
Total tax
78 724
75 499
113 733
107 527
After tax
124 776
128 001
89 767
95 973
Living cost
22 791
22 791
22 791
22 791
Free-cash
101 985
105 210
66 976
73 182

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79631
₽77378
₽68546
₽59837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
1 221
regional
-
-
-
3 099
national
-
-
-
52 516
social contributions
-
-
-
50 785
total
-
-
-
107 621
Employee
56 286
-
203 500
-
social contributions
18 980
-
66 580
-
regional
758
-
2 780
-
municipal
298
-
1 096
-
national
8 917
-
45 874
-
total
28 953
-
116 330
-
Employer
56 286
-
203 500
-
total
-
-
-
-
Corporate
147 214
203 500
-
-
nationa
35 332
48 840
-
-
municipal
7 317
10 113
-
-
total
42 649
58 953
-
-
Dividends
104 565
144 547
-
-
withholding
27 187
37 583
-
-
total
27 187
37 583
-
-
Income
203 500
203 500
203 500
203 500
Total tax
98 789
96 536
116 330
107 621
After tax
104 711
106 964
87 170
95 879
Living cost
27 333
27 333
27 333
27 333
Free-cash
77 378
79 631
59 837
68 546

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110133
₽99440
₽88412
₽79750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
21 153
health
-
-
-
27 473
solidarity contribution
-
-
-
1 480
social contributions
-
-
-
35 005
total
-
-
-
85 111
Employee
44 083
-
159 202
-
social contributions
2 865
-
7 792
-
health
5 951
-
21 492
-
solidarity contribution
-
-
703
-
income
5 290
-
19 488
-
total
14 106
-
49 475
-
Employer
44 083
-
159 202
-
social contributions
11 021
-
29 970
-
health
3 967
-
14 328
-
total
14 988
-
44 298
-
Corporate
144 429
203 500
-
-
income
27 441
38 665
-
-
total
27 441
38 665
-
-
Dividends
116 987
164 835
-
-
withholding
17 548
24 725
-
-
total
17 548
24 725
-
-
Income
203 500
203 500
203 500
203 500
Total tax
74 083
63 390
93 773
85 111
After tax
129 417
140 110
109 727
118 389
Living cost
29 977
29 977
29 977
29 977
Free-cash
99 440
110 133
79 750
88 412

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80097
₽79593
₽72342
₽21289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
chamber of commerce
-
-
-
815
income
-
-
-
60 751
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
98 786
Employee
44 355
40 437
165 925
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
50 276
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
71 745
-
Employer
44 355
40 437
165 925
-
accident
576
526
1 540
-
other
2 107
1 920
7 479
-
chamber of commerce
177
162
664
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
4 978
-
health
1 677
1 529
4 481
-
total
12 766
11 639
37 576
-
Corporate
146 381
151 425
162 074
-
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.

36 595
37 856
40 518
-
total
36 595
37 856
40 518
-
Dividends
109 785
113 569
-
-
withholding
30 191
31 231
-
-
total
30 191
31 231
-
-
Income
203 500
203 500
203 500
203 500
Total tax
91 535
91 031
149 839
98 786
After tax
111 965
112 469
53 661
104 714
Living cost
32 372
32 372
32 372
32 372
Free-cash
79 593
80 097
21 289
72 342

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178892
₽176186
₽187032
₽148367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
203 500
microenterprise

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

-
-
-
2 035
total
-
-
-
2 035
Employee
18 041
-
203 500
-
income
3 608
-
40 700
-
total
3 608
-
40 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

185 459
203 500
-
-
total
-
-
-
-
Dividends
185 459
203 500
-
-
withholding
9 273
10 175
-
-
total
9 273
10 175
-
-
Income
203 500
203 500
203 500
203 500
Total tax
12 881
10 175
40 700
2 035
After tax
190 619
193 325
162 800
201 465
Living cost
14 433
14 433
14 433
14 433
Free-cash
176 186
178 892
148 367
187 032

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112893
₽104406
₽69875
₽65457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
income
-
-
-
48 914
pensions
-
-
-
37 163
unemployment
-
-
-
306
health
-
-
-
20 026
total
-
-
-
106 409
Employee

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

44 870
-
176 084
-
health
2 898
-
11 374
-
income
7 738
-
44 497
-
pensions
6 955
-
27 293
-
unemployment
64
-
246
-
total
17 655
-
83 410
-
Employer

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

44 870
-
176 084
-
unemployment
27
-
106
-
pensions
3 970
-
15 584
-
health
2 988
-
11 727
-
total
6 985
-
27 417
-
Corporate
151 644
203 500
-
-
income
28 812
38 665
-
-
total
28 812
38 665
-
-
Dividends
122 832
164 835
-
-
withholding
18 426
24 726
-
-
total
18 426
24 726
-
-
Income
203 500
203 500
203 500
203 500
Total tax
71 878
63 391
110 827
106 409
After tax
131 622
140 109
92 673
97 091
Living cost
27 216
27 216
27 216
27 216
Free-cash
104 406
112 893
65 457
69 875

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79825
₽31338
₽96651
₽146106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
39 666
social contributions
-
-
-
23 199
total
-
-
-
62 865
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
51 509
203 500
-
-
income
11 332
44 770
-
-
total
11 332
44 770
-
-
Dividends
40 177
158 730
-
-
income
8 839
34 921
-
-
total
8 839
34 921
-
-
Income
203 500
203 500
203 500
203 500
Total tax
128 178
79 691
13 410
62 865
After tax
75 322
123 809
190 090
140 635
Living cost
43 984
43 984
43 984
43 984
Free-cash
31 338
79 825
146 106
96 651

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83923
₽82901
₽75568
₽60138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
income
-
-
-
25 389
surtax
-
-
-
-
social contributions

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

-
-
-
70 716
total
-
-
-
96 105
Employee
46 668
-
164 444
-
social contributions
5 134
-
18 089
-
surtax
-
-
-
-
income
9 707
-
54 390
-
total
14 841
-
72 479
-
Employer
46 668
-
164 444
-
social contributions
11 084
-
39 056
-
total
11 084
-
39 056
-
Corporate
145 749
203 500
-
-
surtax
-
-
-
-
income
30 607
42 736
-
-
total
30 607
42 736
-
-
Dividends
115 142
160 764
-
-
withholding
32 240
45 014
-
-
total
32 240
45 014
-
-
Income
203 500
203 500
203 500
203 500
Total tax
88 772
87 750
111 535
96 105
After tax
114 728
115 750
91 965
107 395
Living cost
31 827
31 827
31 827
31 827
Free-cash
82 901
83 923
60 138
75 568

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53556
₽60532
₽64498
₽60023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
34 584
pensions
-
-
-
33 927
other
-
-
-
6 308
health
-
-
-
9 377
surtax
-
-
-
-
social contributions
-
-
-
5 798
total
-
-
-
89 994
Employee
63 552
-
156 301
-
social contributions
1 810
-
4 454
-
surtax
-
-
-
-
income
5 545
-
31 461
-
pensions
7 188
-
11 363
-
total
14 543
-
47 278
-
Employer
63 552
-
156 301
-
other
2 193
-
6 307
-
social contributions
191
-
470
-
unemployment
2 574
-
6 329
-
pensions
10 442
-
19 039
-
health
4 448
-
15 046
-
total
19 848
-
47 191
-
Corporate
120 100
203 500
-
-
surtax
-
-
-
-
income
33 628
56 979
-
-
total
33 628
56 979
-
-
Dividends
86 472
146 521
-
-
surtax
-
-
-
-
social contributions
14 873
25 202
-
-
withholding
11 068
18 755
-
-
total
25 941
43 957
-
-
Income
203 500
203 500
203 500
203 500
Total tax
93 960
100 936
94 469
89 994
After tax
109 540
102 564
109 031
113 506
Living cost
49 008
49 008
49 008
49 008
Free-cash
60 532
53 556
60 023
64 498

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152650
₽149239
₽118519
₽123925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
9 711
social contributions
-
-
-
44 769
total
-
-
-
54 480
Employee
32 621
-
176 190
-
income
-
-
10 311
-
social contributions
2 120
-
11 453
-
total
2 120
-
21 764
-
Employer
32 621
-
176 190
-
social contributions
5 057
-
27 310
-
total
5 057
-
27 310
-
Corporate
165 822
203 500
-
-
income
16 583
20 349
-
-
total
16 583
20 349
-
-
Dividends
149 240
183 151
-
-
total
-
-
-
-
Income
203 500
203 500
203 500
203 500
Total tax
23 760
20 349
49 074
54 480
After tax
179 740
183 151
154 426
149 020
Living cost
30 501
30 501
30 501
30 501
Free-cash
149 239
152 650
123 925
118 519

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17601
-₽17601
₽69716
-₽17601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
43 125
pensions
-
-
-
880
national
-
-
-
24 696
labour market
-
-
-
16 210
total
-
-
-
84 911
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
203 500
203 500
203 500
203 500
Total tax
172 228
172 228
172 228
84 911
After tax
31 272
31 272
31 272
118 589
Living cost
48 873
48 873
48 873
48 873
Free-cash
-17 601
-17 601
-17 601
69 716

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5295
₽13144
₽117240
₽89691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
254
income
-
-
-
57 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 482
Employee
34 259
-
184 816
-
health
3 923
-
21 161
-
income
4 700
-
44 520
-
pensions
3 858
-
7 666
-
total
12 481
-
73 347
-
Employer
34 259
-
184 816
-
accident
572
-
3 086
-
unemployment
839
-
4 528
-
pensions
5 570
-
11 070
-
total
6 981
-
18 684
-
Corporate
162 259
203 500
-
-
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.

146 033
183 150
-
-
total
146 033
183 150
-
-
Dividends
16 226
20 350
-
-
withholding
3 083
3 867
-
-
total
3 083
3 867
-
-
Income
203 500
203 500
203 500
203 500
Total tax
168 578
187 017
92 031
64 482
After tax
34 922
16 483
111 469
139 018
Living cost
21 778
21 778
21 778
21 778
Free-cash
13 144
-5 295
89 691
117 240

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
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.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87020
₽90155
₽88699
₽65391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
203 500
municipal
-
-
-
36 143
health
-
-
-
2 711
national
-
-
-
36 990
total
-
-
-
75 844
Employee
53 385
-
171 195
-
health
399
-
2 212
-
municipal
8 744
-
27 874
-
pensions
3 603
-
11 555
-
unemployment
801
-
2 569
-
national
882
-
22 637
-
total
14 429
-
66 847
-
Employer
53 385
-
171 195
-
accident
54
-
171
-
unemployment
347
-
1 113
-
pensions
9 262
-
29 702
-
health
410
-
1 319
-
total
10 073
-
32 305
-
Corporate
140 043
203 500
-
-
income
28 009
40 701
-
-
total
28 009
40 701
-
-
Dividends

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

84 025
122 100
-
-
national
6 752
14 844
-
-
municipal
15 125
21 978
-
-
total
21 877
36 822
-
-
Income
203 500
203 500
203 500
203 500
Total tax
74 388
77 523
99 152
75 844
After tax
129 112
125 977
104 348
127 656
Living cost
38 957
38 957
38 957
38 957
Free-cash
90 155
87 020
65 391
88 699

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124881
₽119358
₽114360
₽112639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
44 041
health
-
-
-
5 189
social contributions
-
-
-
16 417
total
-
-
-
65 647
Employee
78 025
78 025
191 228
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
3 250
-
income
8 496
7 223
43 113
-
total
12 051
15 026
55 097
-
Employer
78 025
78 025
191 228
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
3 537
-
total
3 607
7 920
12 271
-
Corporate
164 351
117 556
-
-
income
20 544
14 694
-
-
total
20 544
14 694
-
-
Dividends
143 807
102 862
-
-
withholding
24 447
17 486
-
-
total
24 447
17 486
-
-
Income
203 500
203 500
203 500
203 500
Total tax
60 649
55 126
67 368
65 647
After tax
142 851
148 374
136 132
137 853
Living cost
23 493
23 493
23 493
23 493
Free-cash
119 358
124 881
112 639
114 360

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
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.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152408
₽147247
₽156325
₽135974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
203 500
income
-
-
-
20 910
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
31 065
Employee

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

23 291
-
193 583
-
health
1 979
-
8 184
-
income
1 592
-
18 393
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
41 500
-
Employer

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

23 291
-
193 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
177 812
203 500
-
-
income
16 003
18 316
-
-
total
16 003
18 316
-
-
Dividends
161 809
185 184
-
-
withholding
14 563
16 666
-
-
total
14 563
16 666
-
-
Income
203 500
203 500
203 500
203 500
Total tax
40 143
34 982
51 416
31 065
After tax
163 357
168 518
152 084
172 435
Living cost
16 110
16 110
16 110
16 110
Free-cash
147 247
152 408
135 974
156 325

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107444
₽102964
₽86023
₽81765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
847
income
-
-
-
61 359
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 574
Employee
37 519
-
173 517
-
other
37
-
94
-
income
7 233
-
57 876
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
63 849
-
Employer
37 519
-
173 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
154 020
203 500
-
-
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.

23 103
30 526
-
-
total
23 103
30 526
-
-
Dividends
130 917
172 974
-
-
withholding
27 953
37 627
-
-
total
27 953
37 627
-
-
Income
203 500
203 500
203 500
203 500
Total tax
72 633
68 153
93 832
89 574
After tax
130 867
135 347
109 668
113 926
Living cost
27 903
27 903
27 903
27 903
Free-cash
102 964
107 444
81 765
86 023

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
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.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124197
₽123740
₽127851
₽127653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
69 355
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
72 862
Employee
4 245
-
201 213
-
health
212
-
508
-
income
821
-
69 248
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
70 773
-
Employer
4 245
-
201 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
198 299
203 500
-
-
income
43 626
44 770
-
-
total
43 626
44 770
-
-
Dividends
154 673
158 730
-
-
withholding
30 935
31 746
-
-
total
30 935
31 746
-
-
Income
203 500
203 500
203 500
203 500
Total tax
76 973
76 516
73 060
72 862
After tax
126 527
126 984
130 440
130 638
Living cost
2 787
2 787
2 787
2 787
Free-cash
123 740
124 197
127 653
127 851

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129474
₽124479
₽110953
₽110951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
income
-
-
-
46 635
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
74 992
Employee

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

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

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

26 472
-
190 071
-
health
1 363
-
3 864
-
income
3 649
-
46 635
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
61 565
-
Employer

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

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

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

26 472
-
190 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
172 290
203 500
-
-
income
25 843
30 525
-
-
total
25 843
30 525
-
-
Dividends
146 446
172 975
-
-
withholding
21 967
25 946
-
-
total
21 967
25 946
-
-
Income
203 500
203 500
203 500
203 500
Total tax
61 466
56 471
74 994
74 992
After tax
142 034
147 029
128 506
128 508
Living cost
17 555
17 555
17 555
17 555
Free-cash
124 479
129 474
110 951
110 953

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88395
₽88030
₽80040
₽64610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
income
-
-
-
25 389
surtax
-
-
-
-
social contributions

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

-
-
-
70 716
total
-
-
-
96 105
Employee
39 382
-
164 444
-
social contributions
4 333
-
18 089
-
surtax
-
-
-
-
income
7 695
-
54 390
-
total
12 028
-
72 479
-
Employer
39 382
-
164 444
-
social contributions
9 352
-
39 056
-
total
9 352
-
39 056
-
Corporate
154 765
203 500
-
-
surtax
-
-
-
-
income
32 501
42 736
-
-
total
32 501
42 736
-
-
Dividends
122 264
160 764
-
-
withholding
34 234
45 014
-
-
total
34 234
45 014
-
-
Income
203 500
203 500
203 500
203 500
Total tax
88 115
87 750
111 535
96 105
After tax
115 385
115 750
91 965
107 395
Living cost
27 355
27 355
27 355
27 355
Free-cash
88 030
88 395
64 610
80 040

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99686
₽93047
₽78265
₽74007
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
847
income
-
-
-
61 359
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
89 574
Employee
49 005
-
173 517
-
other
48
-
94
-
income
10 235
-
57 876
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
63 849
-
Employer
49 005
-
173 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
138 871
203 500
-
-
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.

20 831
30 526
-
-
total
20 831
30 526
-
-
Dividends
118 041
172 974
-
-
withholding
24 992
37 627
-
-
total
24 992
37 627
-
-
Income
203 500
203 500
203 500
203 500
Total tax
74 792
68 153
93 832
89 574
After tax
128 708
135 347
109 668
113 926
Living cost
35 661
35 661
35 661
35 661
Free-cash
93 047
99 686
74 007
78 265

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156526
₽150338
₽146038
₽154285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
30 525
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
39 995
Employee
23 129
-
196 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
19 655
-
pensions

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

2 030
-
3 114
-
total
5 661
-
24 790
-
Employer
23 129
-
196 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
175 834
203 500
-
-
income
17 584
20 350
-
-
total
17 584
20 350
-
-
Dividends
158 250
183 150
-
-
withholding
7 912
9 157
-
-
total
7 912
9 157
-
-
Income
203 500
203 500
203 500
203 500
Total tax
35 695
29 507
31 748
39 995
After tax
167 805
173 993
171 752
163 505
Living cost
17 467
17 467
17 467
17 467
Free-cash
150 338
156 526
154 285
146 038

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65515
₽78789
₽65701
₽88134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
trade
-
-
-
22 433
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.

-
-
-
65 650
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.

-
-
-
6 932
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.

-
-
-
3 610
total
-
-
-
98 625
Employee

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

50 487
-
203 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
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.

229
-
3 610
-
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.

4 152
-
65 650
-
total
11 313
-
76 192
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 013
203 500
-
-
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.

1 263
1 679
-
-
income
22 953
30 526
-
-
trade
21 957
29 203
-
-
chamber of commerce
379
453
-
-
total
46 552
61 861
-
-
Dividends
106 461
141 640
-
-
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.

1 442
1 926
-
-
withholding
26 230
35 024
-
-
total
27 672
36 950
-
-
Income
203 500
203 500
203 500
203 500
Total tax
85 537
98 811
76 192
98 625
After tax
117 963
104 689
127 308
104 875
Living cost
39 174
39 174
39 174
39 174
Free-cash
78 789
65 515
88 134
65 701

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84649
₽86890
₽46547
₽46547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
64 627
social contributions
-
-
-
34 525
total
-
-
-
99 152
Employee
79 371
-
203 500
-
income
14 977
-
64 627
-
social contributions
6 594
-
34 525
-
total
21 571
-
99 152
-
Employer
79 371
-
203 500
-
total
-
-
-
-
Corporate
124 129
203 500
-
-
income
15 516
25 437
-
-
total
15 516
25 437
-
-
Dividends
108 613
178 063
-
-
withholding
21 722
35 613
-
-
total
21 722
35 613
-
-
Income
203 500
203 500
203 500
203 500
Total tax
58 809
61 050
99 152
99 152
After tax
144 691
142 450
104 348
104 348
Living cost
57 801
57 801
57 801
57 801
Free-cash
86 890
84 649
46 547
46 547

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
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.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90082
₽93626
₽129330
₽106348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
income
-
-
-
30 526
health

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

-
-
-
6 811
total
-
-
-
37 337
Employee
46 548
-
198 832
-
income
5 051
-
50 983
-
social contributions
4 664
-
4 668
-
total
9 715
-
55 651
-
Employer
46 548
-
198 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
152 289
203 500
-
-
income
53 301
71 224
-
-
total
53 301
71 224
-
-
Dividends
98 987
132 276
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
203 500
203 500
203 500
203 500
Total tax
73 041
76 585
60 319
37 337
After tax
130 459
126 915
143 181
166 163
Living cost
36 833
36 833
36 833
36 833
Free-cash
93 626
90 082
106 348
129 330

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92681
₽98743
₽95175
₽76885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
income
-
-
-
60 617
pensions
-
-
-
9 675
total
-
-
-
70 292
Employee
52 206
-
177 554
-
health
681
-
2 485
-
income
9 507
-
48 422
-
pensions
3 985
-
11 731
-
total
14 173
-
62 638
-
Employer
52 206
-
177 554
-
pensions
5 274
-
22 570
-
health
992
-
3 374
-
total
6 266
-
25 944
-
Corporate
145 027
203 500
-
-
income

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

27 556
38 664
-
-
total
27 556
38 664
-
-
Dividends
117 471
164 836
-
-
withholding
18 729
34 122
-
-
total
18 729
34 122
-
-
Income
203 500
203 500
203 500
203 500
Total tax
66 724
72 786
88 582
70 292
After tax
136 776
130 714
114 918
133 208
Living cost
38 033
38 033
38 033
38 033
Free-cash
98 743
92 681
76 885
95 175

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽7452
₽12812
₽115083
₽87534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
accident
-
-
-
254
income
-
-
-
57 484
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
64 482
Employee
37 650
-
184 816
-
health
4 311
-
21 161
-
income
5 165
-
44 520
-
pensions
4 239
-
7 666
-
total
13 715
-
73 347
-
Employer
37 650
-
184 816
-
accident
629
-
3 086
-
unemployment
922
-
4 528
-
pensions
6 122
-
11 070
-
total
7 673
-
18 684
-
Corporate
158 177
203 500
-
-
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.

142 360
183 150
-
-
total
142 360
183 150
-
-
Dividends
15 818
20 350
-
-
withholding
3 005
3 867
-
-
total
3 005
3 867
-
-
Income
203 500
203 500
203 500
203 500
Total tax
166 753
187 017
92 031
64 482
After tax
36 747
16 483
111 469
139 018
Living cost
23 935
23 935
23 935
23 935
Free-cash
12 812
-7 452
87 534
115 083

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141972
₽152792
₽111247
₽133556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
203 500
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
33 927
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
78 548
Employee

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

21 928
-
203 500
-
work injury
110
-
406
-
income
2 193
-
33 927
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
56 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 572
203 500
-
-
income

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

1 816
20 350
-
-
total
1 816
20 350
-
-
Dividends
179 756
183 150
-
-
withholding
26 963
27 473
-
-
total
26 963
27 473
-
-
Income
203 500
203 500
203 500
203 500
Total tax
37 003
47 823
56 239
78 548
After tax
166 497
155 677
147 261
124 952
Living cost
13 705
13 705
13 705
13 705
Free-cash
152 792
141 972
133 556
111 247

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66766
₽62151
₽53654
₽45163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
203 500
municipal
-
-
-
1 375
regional
-
-
-
4 747
national
-
-
-
52 516
social contributions
-
-
-
50 785
total
-
-
-
109 423
Employee
85 504
-
203 500
-
social contributions
28 831
-
66 580
-
regional
1 291
-
4 228
-
municipal
510
-
1 232
-
national
14 449
-
45 874
-
total
45 081
-
117 914
-
Employer
85 504
-
203 500
-
total
-
-
-
-
Corporate
117 996
203 500
-
-
nationa
28 319
48 840
-
-
municipal
5 688
9 809
-
-
total
34 007
58 649
-
-
Dividends
83 989
144 851
-
-
withholding
21 838
37 662
-
-
total
21 838
37 662
-
-
Income
203 500
203 500
203 500
203 500
Total tax
100 926
96 311
117 914
109 423
After tax
102 574
107 189
85 586
94 077
Living cost
40 423
40 423
40 423
40 423
Free-cash
62 151
66 766
45 163
53 654

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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