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
₽ 204500
per

Your estimated
City
free-cash

Dresden , Germany
₽72762
₽83841
₽72471
₽97346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
trade
-
-
-
24 875
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.

-
-
-
66 330
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.

-
-
-
6 842
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.

-
-
-
3 649
total
-
-
-
101 696
Employee

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

38 304
-
204 500
-
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.

6 842
-
6 842
-
surtax

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

59
-
3 649
-
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.

1 070
-
66 330
-
total
7 971
-
76 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 196
204 500
-
-
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.

1 370
1 688
-
-
income
24 930
30 675
-
-
trade
26 175
32 209
-
-
chamber of commerce
391
447
-
-
total
52 866
65 019
-
-
Dividends
113 329
139 482
-
-
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.

1 537
1 897
-
-
withholding
27 952
34 489
-
-
total
29 489
36 386
-
-
Income
204 500
204 500
204 500
204 500
Total tax
90 326
101 405
76 821
101 696
After tax
114 174
103 095
127 679
102 804
Living cost
30 333
30 333
30 333
30 333
Free-cash
83 841
72 762
97 346
72 471

Estimated living cost  is ₽30333 per week

₽19081
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77076
₽76236
₽67395
₽68493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
22 608
pensions
-
-
-
24 540
national
-
-
-
37 227
social contributions
-
-
-
2 198
total
-
-
-
86 573
Employee
78 334
-
176 788
-
municipal
9 676
-
23 399
-
pensions
3 133
-
7 072
-
national
14 993
-
38 961
-
total
27 802
-
69 432
-
Employer
78 334
-
176 788
-
social contributions
842
-
1 900
-
pensions
6 267
-
14 143
-
total
7 109
-
16 043
-
Corporate
113 887
204 500
-
-
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%.

22 777
40 900
-
-
total
22 777
40 900
-
-
Dividends
91 109
163 600
-
-
withholding
20 044
35 992
-
-
total
20 044
35 992
-
-
Income
204 500
204 500
204 500
204 500
Total tax
77 732
76 892
85 475
86 573
After tax
126 768
127 608
119 025
117 927
Living cost
50 532
50 532
50 532
50 532
Free-cash
76 236
77 076
68 493
67 395

Estimated living cost  is ₽50532 per week

₽34346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142765
₽134550
₽52150
₽66984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
microenterprise
-
-
-
-
income
-
-
-
40 998
surtax
-
-
-
52 147
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.

-
-
-
38 370
total
-
-
-
131 515
Employee
29 263
-
158 332
-
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.

3 219
-
13 128
-
surtax
-
-
22 957
-
income
5 209
-
34 428
-
total
8 428
-
70 513
-
Employer
29 263
-
158 332
-
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.

7 049
-
28 752
-
surtax
-
-
17 416
-
total
7 049
-
46 168
-
Corporate
168 188
204 500
-
-
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%.

33 638
40 900
-
-
total
33 638
40 900
-
-
Dividends

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

134 550
163 600
-
-
total
-
-
-
-
Income
204 500
204 500
204 500
204 500
Total tax
49 115
40 900
116 681
131 515
After tax
155 385
163 600
87 819
72 985
Living cost
20 835
20 835
20 835
20 835
Free-cash
134 550
142 765
66 984
52 150

Estimated living cost  is ₽20835 per week

₽13292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59716
₽53578
₽68994
₽88864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
69 472
pensions
-
-
-
11 733
health
-
-
-
12 349
total
-
-
-
93 554
Employee
85 520
85 520
185 889
-
health
13 126
11 165
12 349
-
income

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

13 998
13 998
30 990
-
pensions
15 394
11 733
11 733
-
total
42 518
36 896
55 072
-
Employer
85 520
85 520
185 889
-
unemployment
3 079
3 079
3 826
-
pensions
5 952
5 952
7 398
-
health
5 945
5 945
7 387
-
total
14 976
14 976
18 611
-
Corporate
105 053
104 004
-
-
income
21 011
20 800
-
-
total
21 011
20 800
-
-
Dividends
84 042
83 203
-
-
income
17 859
17 680
-
-
withholding
12 606
12 480
-
-
total
30 465
30 160
-
-
Income
204 500
204 500
204 500
204 500
Total tax
108 970
102 832
73 683
93 554
After tax
95 530
101 668
130 817
110 946
Living cost
41 952
41 952
41 952
41 952
Free-cash
53 578
59 716
88 864
68 994

Estimated living cost  is ₽41952 per week

₽29731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73132
₽72267
₽64360
₽63426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
53 688
accident
-
-
-
169
pensions
-
-
-
9 127
other
-
-
-
9 811
unemployment
-
-
-
84
health
-
-
-
5 269
national
-
-
-
23 467
total
-
-
-
101 615
Employee
54 894
-
177 971
-
municipal
16 369
-
53 071
-
national
-
-
22 949
-
total
16 369
-
76 020
-
Employer
54 894
-
177 971
-
accident
110
-
169
-
other
6 379
-
9 811
-
unemployment
1 449
-
2 229
-
pensions
5 934
-
9 127
-
health
3 376
-
5 193
-
total
17 248
-
26 529
-
Corporate
132 358
204 500
-
-
income
29 119
44 990
-
-
total
29 119
44 990
-
-
Dividends
103 239
159 510
-
-
withholding
30 972
47 853
-
-
total
30 972
47 853
-
-
Income
204 500
204 500
204 500
204 500
Total tax
93 708
92 843
102 549
101 615
After tax
110 792
111 657
101 951
102 885
Living cost
38 525
38 525
38 525
38 525
Free-cash
72 267
73 132
63 426
64 360

Estimated living cost  is ₽38525 per week

₽25533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62703
₽76774
₽62357
₽88338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
trade
-
-
-
25 981
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.

-
-
-
66 330
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.

-
-
-
6 842
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.

-
-
-
3 649
total
-
-
-
102 802
Employee

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

50 786
-
204 500
-
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.

6 842
-
6 842
-
surtax

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

239
-
3 649
-
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.

4 363
-
66 330
-
total
11 444
-
76 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 714
204 500
-
-
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.

1 268
1 688
-
-
income
23 056
30 675
-
-
trade
25 286
33 640
-
-
chamber of commerce
371
443
-
-
total
49 981
66 446
-
-
Dividends
103 734
138 054
-
-
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.

1 406
1 878
-
-
withholding
25 554
34 132
-
-
total
26 960
36 010
-
-
Income
204 500
204 500
204 500
204 500
Total tax
88 385
102 456
76 821
102 802
After tax
116 115
102 044
127 679
101 698
Living cost
39 341
39 341
39 341
39 341
Free-cash
76 774
62 703
88 338
62 357

Estimated living cost  is ₽39341 per week

₽26312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4149
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.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116611
₽112458
₽105886
₽104165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
44 714
health
-
-
-
5 215
social contributions
-
-
-
16 203
total
-
-
-
66 132
Employee
77 007
77 007
192 322
-
social contributions
3 742
6 391
8 620
-
health
766
1 309
3 269
-
income
8 086
7 129
43 786
-
total
12 594
14 829
55 675
-
Employer
77 007
77 007
192 322
-
social contributions
3 742
6 391
8 620
-
health
834
1 425
3 558
-
total
4 576
7 816
12 178
-
Corporate
154 847
119 676
-
-
income
19 356
14 960
-
-
total
19 356
14 960
-
-
Dividends
135 491
104 716
-
-
withholding
23 034
17 802
-
-
total
23 034
17 802
-
-
Income
204 500
204 500
204 500
204 500
Total tax
59 560
55 407
67 853
66 132
After tax
144 940
149 093
136 647
138 368
Living cost
32 482
32 482
32 482
32 482
Free-cash
112 458
116 611
104 165
105 886

Estimated living cost  is ₽32482 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96592
₽96971
₽123439
₽100322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
25 000
pensions
-
-
-
20 450
unemployment
-
-
-
3 068
health
-
-
-
14 315
total
-
-
-
62 833
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.

26 313
10 472
171 130
-
health
1 842
733
11 979
-
income
3 217
1 280
20 921
-
pensions
2 631
1 047
17 113
-
unemployment
395
157
2 567
-
total
8 085
3 217
52 580
-
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.

26 313
10 472
171 130
-
pensions
5 131
2 042
33 370
-
total
5 131
2 042
33 370
-
Corporate
173 057
191 986
-
-
income
15 575
17 279
-
-
total
15 575
17 279
-
-
Dividends
157 481
174 707
-
-
social contributions
30 589
33 948
-
-
withholding
29 921
33 194
-
-
total
60 510
67 142
-
-
Income
204 500
204 500
204 500
204 500
Total tax
89 301
89 680
85 950
62 833
After tax
115 199
114 820
118 550
141 667
Living cost
18 228
18 228
18 228
18 228
Free-cash
96 971
96 592
100 322
123 439

Estimated living cost  is ₽18228 per week

₽12439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139411
₽133190
₽85423
₽93681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
27 403
pensions
-
-
-
40 900
health
-
-
-
26 585
total
-
-
-
94 888
Employee
28 410
-
152 840
-
income
3 198
-
29 468
-
pensions
568
-
3 056
-
unemployment
454
-
2 446
-
total
4 220
-
34 970
-
Employer
28 410
-
152 840
-
unemployment
228
-
1 222
-
pensions
5 682
-
30 569
-
health
3 693
-
19 869
-
total
9 603
-
51 660
-
Corporate
166 487
204 500
-
-
income
33 298
40 900
-
-
total
33 298
40 900
-
-
Dividends
133 189
163 600
-
-
total
-
-
-
-
Income
204 500
204 500
204 500
204 500
Total tax
47 121
40 900
86 630
94 888
After tax
157 379
163 600
117 870
109 612
Living cost
24 189
24 189
24 189
24 189
Free-cash
133 190
139 411
93 681
85 423

Estimated living cost  is ₽24189 per week

₽16591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5390
₽13197
₽117739
₽90137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
252
income
-
-
-
57 857
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
64 807
Employee
34 535
-
185 849
-
health
3 954
-
21 279
-
income
4 738
-
44 866
-
pensions
3 889
-
7 613
-
total
12 581
-
73 758
-
Employer
34 535
-
185 849
-
accident
577
-
3 104
-
unemployment
846
-
4 553
-
pensions
5 616
-
10 994
-
total
7 039
-
18 651
-
Corporate
162 927
204 500
-
-
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.

146 634
184 050
-
-
total
146 634
184 050
-
-
Dividends
16 293
20 450
-
-
withholding
3 095
3 886
-
-
total
3 095
3 886
-
-
Income
204 500
204 500
204 500
204 500
Total tax
169 349
187 936
92 409
64 807
After tax
35 151
16 564
112 091
139 693
Living cost
21 954
21 954
21 954
21 954
Free-cash
13 197
-5 390
90 137
117 739

Estimated living cost  is ₽21954 per week

₽16090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185266
₽183577
₽193446
₽154591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
204 500
microenterprise

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

-
-
-
2 045
total
-
-
-
2 045
Employee
11 261
-
204 500
-
income
2 252
-
40 900
-
total
2 252
-
40 900
-
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%.

193 239
204 500
-
-
total
-
-
-
-
Dividends
193 239
204 500
-
-
withholding
9 662
10 225
-
-
total
9 662
10 225
-
-
Income
204 500
204 500
204 500
204 500
Total tax
11 914
10 225
40 900
2 045
After tax
192 586
194 275
163 600
202 455
Living cost
9 009
9 009
9 009
9 009
Free-cash
183 577
185 266
154 591
193 446

Estimated living cost  is ₽9009 per week

₽5583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123560
₽116797
₽93064
₽91328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
34 267
pensions

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

-
-
-
36 550
other
-
-
-
7 233
health
-
-
-
6 701
total
-
-
-
84 751
Employee
36 362
-
166 014
-
health
509
-
2 132
-
income
6 260
-
33 688
-
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.

2 545
-
10 660
-
unemployment
363
-
1 522
-
total
9 677
-
48 002
-
Employer
36 362
-
166 014
-
accident
291
-
1 328
-
other
1 819
-
7 613
-
unemployment
363
-
1 522
-
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.

6 182
-
25 890
-
health
509
-
2 132
-
total
9 164
-
38 485
-
Corporate
158 974
204 500
-
-
income
33 385
42 945
-
-
total
33 385
42 945
-
-
Dividends
125 589
161 555
-
-
withholding
8 792
11 310
-
-
total
8 792
11 310
-
-
Income
204 500
204 500
204 500
204 500
Total tax
61 018
54 255
86 487
84 751
After tax
143 482
150 245
118 013
119 749
Living cost
26 685
26 685
26 685
26 685
Free-cash
116 797
123 560
91 328
93 064

Estimated living cost  is ₽26685 per week

₽18854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63560
₽71673
₽66190
₽47831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
61 315
pensions
-
-
-
9 605
total
-
-
-
70 920
Employee
95 347
-
178 394
-
health
1 571
-
2 481
-
income
17 187
-
49 074
-
pensions
9 198
-
11 618
-
total
27 956
-
63 173
-
Employer
95 347
-
178 394
-
pensions
11 258
-
22 717
-
health
1 811
-
3 389
-
total
13 069
-
26 106
-
Corporate
96 085
204 500
-
-
income

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

18 257
38 855
-
-
total
18 257
38 855
-
-
Dividends
77 828
165 645
-
-
withholding
6 155
34 695
-
-
total
6 155
34 695
-
-
Income
204 500
204 500
204 500
204 500
Total tax
65 437
73 550
89 279
70 920
After tax
139 063
130 950
115 221
133 580
Living cost
67 390
67 390
67 390
67 390
Free-cash
71 673
63 560
47 831
66 190

Estimated living cost  is ₽67390 per week

₽50497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽161703
₽157045
₽151330
₽159651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
30 675
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
40 025
Employee
17 405
-
197 629
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
19 763
-
pensions

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

1 528
-
3 075
-
total
4 261
-
24 834
-
Employer
17 405
-
197 629
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
183 679
204 500
-
-
income
18 368
20 450
-
-
total
18 368
20 450
-
-
Dividends
165 311
184 050
-
-
withholding
8 266
9 202
-
-
total
8 266
9 202
-
-
Income
204 500
204 500
204 500
204 500
Total tax
34 310
29 652
31 704
40 025
After tax
170 190
174 848
172 796
164 475
Living cost
13 145
13 145
13 145
13 145
Free-cash
157 045
161 703
159 651
151 330

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46136
₽48653
₽55414
₽75285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
69 472
pensions
-
-
-
11 733
health
-
-
-
12 349
total
-
-
-
93 554
Employee
92 848
85 520
185 889
-
health
11 583
11 165
12 349
-
income

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

13 998
13 998
30 990
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
55 072
-
Employer
92 848
85 520
185 889
-
unemployment
3 343
3 079
3 826
-
pensions
6 462
5 952
7 398
-
health
6 452
5 945
7 387
-
total
16 257
14 976
18 611
-
Corporate
95 396
104 004
-
-
income
19 079
20 800
-
-
total
19 079
20 800
-
-
Dividends
76 317
83 203
-
-
income
16 217
17 680
-
-
withholding
11 448
12 480
-
-
total
27 665
30 160
-
-
Income
204 500
204 500
204 500
204 500
Total tax
100 315
102 832
73 683
93 554
After tax
104 185
101 668
130 817
110 946
Living cost
55 532
55 532
55 532
55 532
Free-cash
48 653
46 136
75 285
55 414

Estimated living cost  is ₽55532 per week

₽40964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116725
₽108137
₽95187
₽86442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
21 338
health
-
-
-
27 608
solidarity contribution
-
-
-
1 653
social contributions
-
-
-
34 641
total
-
-
-
85 240
Employee
35 402
-
160 405
-
social contributions
2 301
-
7 711
-
health
4 779
-
21 655
-
solidarity contribution
-
-
869
-
income
4 248
-
19 656
-
total
11 328
-
49 891
-
Employer
35 402
-
160 405
-
social contributions
8 851
-
29 658
-
health
3 186
-
14 436
-
total
12 037
-
44 094
-
Corporate
157 061
204 500
-
-
income
29 842
38 855
-
-
total
29 842
38 855
-
-
Dividends
127 220
165 645
-
-
withholding
19 083
24 847
-
-
total
19 083
24 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
72 290
63 702
93 985
85 240
After tax
132 210
140 798
110 515
119 260
Living cost
24 073
24 073
24 073
24 073
Free-cash
108 137
116 725
86 442
95 187

Estimated living cost  is ₽24073 per week

₽16722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66851
₽61623
₽54995
₽46429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
1 235
regional
-
-
-
2 486
national
-
-
-
53 403
social contributions
-
-
-
50 123
total
-
-
-
107 247
Employee
89 003
-
204 500
-
social contributions
30 012
-
65 712
-
regional
840
-
2 217
-
municipal
471
-
1 110
-
national
15 422
-
46 774
-
total
46 745
-
115 813
-
Employer
89 003
-
204 500
-
total
-
-
-
-
Corporate
115 497
204 500
-
-
nationa
27 720
49 079
-
-
municipal
4 504
7 976
-
-
total
32 224
57 055
-
-
Dividends
83 273
147 445
-
-
withholding
21 650
38 336
-
-
total
21 650
38 336
-
-
Income
204 500
204 500
204 500
204 500
Total tax
100 619
95 391
115 813
107 247
After tax
103 881
109 109
88 687
97 253
Living cost
42 258
42 258
42 258
42 258
Free-cash
61 623
66 851
46 429
54 995

Estimated living cost  is ₽42258 per week

₽29457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106531
₽103415
₽74302
₽68180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
61 560
pensions
-
-
-
26 732
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 489
surtax
-
-
-
10 090
total
-
-
-
108 099
Employee
33 118
-
176 366
-
other
-
-
-
-
health
846
-
3 408
-
surtax
108
-
8 892
-
income
5 551
-
55 569
-
pensions
2 208
-
8 915
-
unemployment
2 305
-
9 303
-
total
11 018
-
86 087
-
Employer
33 118
-
176 366
-
other
-
-
-
-
unemployment
1 049
-
4 236
-
pensions
4 415
-
17 817
-
health
1 507
-
6 081
-
total
6 971
-
28 134
-
Corporate
164 412
204 500
-
-
income
42 747
53 171
-
-
total
42 747
53 171
-
-
Dividends
121 665
151 329
-
-
withholding
18 250
22 699
-
-
total
18 250
22 699
-
-
Income
204 500
204 500
204 500
204 500
Total tax
78 986
75 870
114 221
108 099
After tax
125 514
128 630
90 279
96 401
Living cost
22 099
22 099
22 099
22 099
Free-cash
103 415
106 531
68 180
74 302

Estimated living cost  is ₽22099 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84911
₽91568
₽87541
₽69182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
61 315
pensions
-
-
-
9 605
total
-
-
-
70 920
Employee
63 899
-
178 394
-
health
928
-
2 481
-
income
11 508
-
49 074
-
pensions
5 424
-
11 618
-
total
17 860
-
63 173
-
Employer
63 899
-
178 394
-
pensions
6 917
-
22 717
-
health
1 214
-
3 389
-
total
8 131
-
26 106
-
Corporate
132 470
204 500
-
-
income

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

25 169
38 855
-
-
total
25 169
38 855
-
-
Dividends
107 301
165 645
-
-
withholding
15 733
34 695
-
-
total
15 733
34 695
-
-
Income
204 500
204 500
204 500
204 500
Total tax
66 893
73 550
89 279
70 920
After tax
137 607
130 950
115 221
133 580
Living cost
46 039
46 039
46 039
46 039
Free-cash
91 568
84 911
69 182
87 541

Estimated living cost  is ₽46039 per week

₽34492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3451
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.
₽7614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17860
₽50229
₽87565
₽79390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
city
-
-
-
2 155
pensions
-
-
-
18 813
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.

-
-
-
4 090
regional
-
-
-
11 048
health
-
-
-
461
national
-
-
-
4 715
total
-
-
-
41 282
Employee
88 533
-
183 641
-
city
950
-
1 980
-
regional
2 899
-
9 727
-
health
200
-
414
-
pensions
7 438
-
14 752
-
unemployment
-
-
-
-
national
419
-
3 746
-
total
11 906
-
30 619
-
Employer
88 533
-
183 641
-
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.

1 770
-
3 672
-
unemployment
-
-
-
-
pensions
7 438
-
14 752
-
health
200
-
414
-
total
9 408
-
18 838
-
Corporate
105 585
204 500
-
-
regional
22 331
43 252
-
-
national
8 975
17 383
-
-
total
31 306
60 635
-
-
Dividends
74 278
143 865
-
-
withholding
25 998
50 352
-
-
total
25 998
50 352
-
-
Income
204 500
204 500
204 500
204 500
Total tax
78 618
110 987
49 457
41 282
After tax
125 882
93 513
155 043
163 218
Living cost
75 653
75 653
75 653
75 653
Free-cash
50 229
17 860
79 390
87 565

Estimated living cost  is ₽75653 per week

₽49196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55114
₽71353
₽54715
₽81802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
trade
-
-
-
27 087
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.

-
-
-
66 330
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.

-
-
-
6 842
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.

-
-
-
3 649
total
-
-
-
103 908
Employee

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

60 186
-
204 500
-
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.

6 842
-
6 842
-
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.

390
-
3 649
-
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.

7 077
-
66 330
-
total
14 309
-
76 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 314
204 500
-
-
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.

1 192
1 688
-
-
income
21 648
30 675
-
-
trade
24 750
35 071
-
-
chamber of commerce
355
439
-
-
total
47 945
67 873
-
-
Dividends
96 370
136 627
-
-
surtax

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

1 304
1 859
-
-
withholding
23 712
33 777
-
-
total
25 016
35 636
-
-
Income
204 500
204 500
204 500
204 500
Total tax
87 270
103 509
76 821
103 908
After tax
117 230
100 991
127 679
100 592
Living cost
45 877
45 877
45 877
45 877
Free-cash
71 353
55 114
81 802
54 715

Estimated living cost  is ₽45877 per week

₽33507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68804
₽74720
₽79443
₽74775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
35 315
pensions
-
-
-
33 787
other
-
-
-
6 340
health
-
-
-
9 525
surtax
-
-
-
-
social contributions
-
-
-
5 827
total
-
-
-
90 794
Employee
42 861
-
156 892
-
social contributions
1 222
-
4 472
-
surtax
-
-
-
-
income
2 530
-
31 906
-
pensions
4 846
-
11 479
-
total
8 598
-
47 857
-
Employer
42 861
-
156 892
-
other
1 479
-
6 363
-
social contributions
129
-
471
-
unemployment
1 735
-
6 353
-
pensions
7 041
-
19 226
-
health
3 001
-
15 192
-
total
13 385
-
47 605
-
Corporate
148 254
204 500
-
-
surtax
-
-
-
-
income
41 512
57 261
-
-
total
41 512
57 261
-
-
Dividends
106 743
147 239
-
-
surtax
-
-
-
-
social contributions
18 360
25 325
-
-
withholding
13 662
18 847
-
-
total
32 022
44 172
-
-
Income
204 500
204 500
204 500
204 500
Total tax
95 517
101 433
95 462
90 794
After tax
108 983
103 067
109 038
113 706
Living cost
34 263
34 263
34 263
34 263
Free-cash
74 720
68 804
74 775
79 443

Estimated living cost  is ₽34263 per week

₽21604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
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.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72199
₽77765
₽82838
₽78170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
35 315
pensions
-
-
-
33 787
other
-
-
-
6 340
health
-
-
-
9 525
surtax
-
-
-
-
social contributions
-
-
-
5 827
total
-
-
-
90 794
Employee
38 259
-
156 892
-
social contributions
1 091
-
4 472
-
surtax
-
-
-
-
income
1 973
-
31 906
-
pensions
4 327
-
11 479
-
total
7 391
-
47 857
-
Employer
38 259
-
156 892
-
other
1 321
-
6 363
-
social contributions
114
-
471
-
unemployment
1 549
-
6 353
-
pensions
6 287
-
19 226
-
health
2 678
-
15 192
-
total
11 949
-
47 605
-
Corporate
154 292
204 500
-
-
surtax
-
-
-
-
income
43 201
57 261
-
-
total
43 201
57 261
-
-
Dividends
111 091
147 239
-
-
surtax
-
-
-
-
social contributions
19 107
25 325
-
-
withholding
14 219
18 847
-
-
total
33 326
44 172
-
-
Income
204 500
204 500
204 500
204 500
Total tax
95 867
101 433
95 462
90 794
After tax
108 633
103 067
109 038
113 706
Living cost
30 868
30 868
30 868
30 868
Free-cash
77 765
72 199
78 170
82 838

Estimated living cost  is ₽30868 per week

₽17902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103528
₽104045
₽110093
₽105051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
30 675
health
-
-
-
14 274
social contributions
-
-
-
28 222
total
-
-
-
73 171
Employee
33 955
-
204 500
-
social contributions
4 687
-
28 222
-
health
2 370
-
14 274
-
income
5 663
-
35 717
-
total
12 720
-
78 213
-
Employer
33 955
-
204 500
-
total
-
-
-
-
Corporate
170 545
204 500
-
-
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%.

8 527
10 224
-
-
total
8 527
10 224
-
-
Dividends
162 017
194 276
-
-
health
11 310
13 560
-
-
social contributions
22 359
26 810
-
-
withholding
24 303
29 142
-
-
total
57 972
69 512
-
-
Income
204 500
204 500
204 500
204 500
Total tax
79 219
79 736
78 213
73 171
After tax
125 281
124 764
126 287
131 329
Living cost
21 236
21 236
21 236
21 236
Free-cash
104 045
103 528
105 051
110 093

Estimated living cost  is ₽21236 per week

₽14212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77593
₽76044
₽69751
₽18545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
chamber of commerce
-
-
-
817
income
-
-
-
61 712
pensions
-
-
-
21 644
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
198
total
-
-
-
99 462
Employee
50 048
39 910
166 983
-
other
500
399
1 171
-
health
1 937
1 545
4 527
-
income
5 698
2 944
51 168
-
pensions
5 126
4 086
11 980
-
unemployment
1 501
1 197
3 510
-
total
14 762
10 171
72 356
-
Employer
50 048
39 910
166 983
-
accident
650
519
1 520
-
other
2 377
1 895
7 507
-
chamber of commerce
200
160
667
-
unemployment
1 501
1 197
3 510
-
surtax
198
198
198
-
pensions
6 281
5 010
14 683
-
payroll
1 501
1 197
5 010
-
health
1 891
1 509
4 422
-
total
14 599
11 685
37 517
-
Corporate
139 852
152 906
163 182
-
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.

34 963
38 226
40 795
-
total
34 963
38 226
40 795
-
Dividends
104 890
114 681
-
-
withholding
28 845
31 538
-
-
total
28 845
31 538
-
-
Income
204 500
204 500
204 500
204 500
Total tax
93 169
91 620
150 668
99 462
After tax
111 331
112 880
53 832
105 038
Living cost
35 288
35 288
35 288
35 288
Free-cash
76 044
77 593
18 545
69 751

Estimated living cost  is ₽35288 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
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.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76869
₽62777
₽52326
₽33916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
national
-
-
-
79 920
communal

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

-
-
-
10 772
social contributions
-
-
-
24 968
total
-
-
-
115 660
Employee

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

71 635
-
158 391
-
communal

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

3 736
-
8 261
-
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.

3 366
-
7 444
-
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.

5 373
-
11 880
-
unemployment

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

623
-
1 378
-
national
22 023
-
58 998
-
total
35 121
-
87 961
-
Employer

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

71 635
-
158 391
-
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.

931
-
2 058
-
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.

1 045
-
2 313
-
surtax
8 123
-
17 963
-
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.

6 348
-
14 033
-
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.

4 405
-
9 742
-
total
20 852
-
46 109
-
Corporate
112 013
204 500
-
-
surtax
449
844
-
-
income
22 403
42 201
-
-
total
22 852
43 045
-
-
Dividends
89 162
161 455
-
-
withholding

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

26 384
48 072
-
-
total
26 384
48 072
-
-
Income
204 500
204 500
204 500
204 500
Total tax
105 209
91 117
134 070
115 660
After tax
99 291
113 383
70 430
88 840
Living cost
36 514
36 514
36 514
36 514
Free-cash
62 777
76 869
33 916
52 326

Estimated living cost  is ₽36514 per week

₽23520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99807
₽92948
₽78283
₽74080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
836
income
-
-
-
62 203
pensions
-
-
-
26 268
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
90 050
Employee
49 850
-
174 908
-
other
49
-
93
-
income
10 518
-
58 765
-
pensions
2 343
-
4 363
-
unemployment
773
-
1 439
-
total
13 683
-
64 660
-
Employer
49 850
-
174 908
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 742
-
5 105
-
pensions
11 764
-
21 907
-
total
15 889
-
29 593
-
Corporate
138 760
204 500
-
-
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.

20 814
30 675
-
-
total
20 814
30 675
-
-
Dividends
117 946
173 825
-
-
withholding
24 999
37 851
-
-
total
24 999
37 851
-
-
Income
204 500
204 500
204 500
204 500
Total tax
75 385
68 526
94 253
90 050
After tax
129 115
135 974
110 247
114 450
Living cost
36 167
36 167
36 167
36 167
Free-cash
92 948
99 807
74 080
78 283

Estimated living cost  is ₽36167 per week

₽26633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63016
₽49438
₽43537
₽51690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
1 724
income
-
-
-
36 733
pensions
-
-
-
30 652
health
-
-
-
14 367
surtax
-
-
-
10 139
communal
-
-
-
12 925
total
-
-
-
106 540
Employee
75 840
-
182 671
-
health
3 375
-
8 128
-
surtax
4 649
-
11 196
-
income
7 325
-
42 621
-
pensions
6 066
-
14 614
-
total
21 415
-
76 559
-
Employer
75 840
-
182 671
-
accident
682
-
1 644
-
pensions
6 066
-
14 614
-
health
2 313
-
5 570
-
total
9 061
-
21 828
-
Corporate
119 599
204 500
-
-
surtax
1 256
2 148
-
-
communal
8 073
13 803
-
-
income
17 940
30 675
-
-
total
27 269
46 626
-
-
Dividends
92 329
157 874
-
-
income
29 045
16 753
-
-
withholding
13 849
23 682
-
-
total
42 894
40 435
-
-
Income
204 500
204 500
204 500
204 500
Total tax
100 639
87 061
98 387
106 540
After tax
103 861
117 439
106 113
97 960
Living cost
54 423
54 423
54 423
54 423
Free-cash
49 438
63 016
51 690
43 537

Estimated living cost  is ₽54423 per week

₽40826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106136
₽102951
₽73907
₽67785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
61 560
pensions
-
-
-
26 732
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 489
surtax
-
-
-
10 090
total
-
-
-
108 099
Employee
33 726
-
176 366
-
other
-
-
-
-
health
861
-
3 408
-
surtax
120
-
8 892
-
income
5 654
-
55 569
-
pensions
2 250
-
8 915
-
unemployment
2 347
-
9 303
-
total
11 232
-
86 087
-
Employer
33 726
-
176 366
-
other
-
-
-
-
unemployment
1 070
-
4 236
-
pensions
4 496
-
17 817
-
health
1 534
-
6 081
-
total
7 100
-
28 134
-
Corporate
163 674
204 500
-
-
income
42 555
53 171
-
-
total
42 555
53 171
-
-
Dividends
121 119
151 329
-
-
withholding
18 168
22 699
-
-
total
18 168
22 699
-
-
Income
204 500
204 500
204 500
204 500
Total tax
79 055
75 870
114 221
108 099
After tax
125 445
128 630
90 279
96 401
Living cost
22 494
22 494
22 494
22 494
Free-cash
102 951
106 136
67 785
73 907

Estimated living cost  is ₽22494 per week

₽13581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80512
₽78289
₽69627
₽61110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
1 235
regional
-
-
-
3 135
national
-
-
-
53 403
social contributions
-
-
-
50 123
total
-
-
-
107 896
Employee
55 552
-
204 500
-
social contributions
18 733
-
65 712
-
regional
748
-
2 817
-
municipal
295
-
1 110
-
national
8 801
-
46 774
-
total
28 577
-
116 413
-
Employer
55 552
-
204 500
-
total
-
-
-
-
Corporate
148 948
204 500
-
-
nationa
35 748
49 079
-
-
municipal
7 402
10 164
-
-
total
43 150
59 243
-
-
Dividends
105 798
145 257
-
-
withholding
27 507
37 768
-
-
total
27 507
37 768
-
-
Income
204 500
204 500
204 500
204 500
Total tax
99 234
97 011
116 413
107 896
After tax
105 266
107 489
88 087
96 604
Living cost
26 977
26 977
26 977
26 977
Free-cash
78 289
80 512
61 110
69 627

Estimated living cost  is ₽26977 per week

₽16777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111133
₽100551
₽89595
₽80850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
21 338
health
-
-
-
27 608
solidarity contribution
-
-
-
1 653
social contributions
-
-
-
34 641
total
-
-
-
85 240
Employee
43 625
-
160 405
-
social contributions
2 836
-
7 711
-
health
5 889
-
21 655
-
solidarity contribution
-
-
869
-
income
5 235
-
19 656
-
total
13 960
-
49 891
-
Employer
43 625
-
160 405
-
social contributions
10 906
-
29 658
-
health
3 926
-
14 436
-
total
14 832
-
44 094
-
Corporate
146 043
204 500
-
-
income
27 748
38 855
-
-
total
27 748
38 855
-
-
Dividends
118 295
165 645
-
-
withholding
17 744
24 847
-
-
total
17 744
24 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
74 284
63 702
93 985
85 240
After tax
130 216
140 798
110 515
119 260
Living cost
29 665
29 665
29 665
29 665
Free-cash
100 551
111 133
80 850
89 595

Estimated living cost  is ₽29665 per week

₽22061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81039
₽80545
₽73286
₽21935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
chamber of commerce
-
-
-
817
income
-
-
-
61 712
pensions
-
-
-
21 644
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
-
total
-
-
-
99 264
Employee
43 777
39 910
167 166
-
other
437
399
1 171
-
health
1 693
1 545
4 527
-
income
3 900
2 944
51 255
-
pensions
4 483
4 086
11 980
-
unemployment
1 313
1 197
3 510
-
total
11 826
10 171
72 443
-
Employer
43 777
39 910
167 166
-
accident
568
519
1 520
-
other
2 079
1 895
7 512
-
chamber of commerce
175
160
669
-
unemployment
1 313
1 197
3 510
-
surtax
-
-
-
-
pensions
5 494
5 010
14 683
-
payroll
1 313
1 197
5 015
-
health
1 655
1 509
4 422
-
total
12 597
11 487
37 331
-
Corporate
148 125
153 104
163 367
-
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.

37 032
38 275
40 841
-
total
37 032
38 275
40 841
-
Dividends
111 093
114 829
-
-
withholding
30 550
31 578
-
-
total
30 550
31 578
-
-
Income
204 500
204 500
204 500
204 500
Total tax
92 005
91 511
150 615
99 264
After tax
112 495
112 989
53 885
105 236
Living cost
31 950
31 950
31 950
31 950
Free-cash
80 545
81 039
21 935
73 286

Estimated living cost  is ₽31950 per week

₽19166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180235
₽177602
₽188415
₽149560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
204 500
microenterprise

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

-
-
-
2 045
total
-
-
-
2 045
Employee
17 550
-
204 500
-
income
3 510
-
40 900
-
total
3 510
-
40 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

186 950
204 500
-
-
total
-
-
-
-
Dividends
186 950
204 500
-
-
withholding
9 348
10 225
-
-
total
9 348
10 225
-
-
Income
204 500
204 500
204 500
204 500
Total tax
12 858
10 225
40 900
2 045
After tax
191 642
194 275
163 600
202 455
Living cost
14 040
14 040
14 040
14 040
Free-cash
177 602
180 235
149 560
188 415

Estimated living cost  is ₽14040 per week

₽9501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113937
₽105561
₽70275
₽65837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
income
-
-
-
49 588
pensions
-
-
-
37 348
unemployment
-
-
-
306
health
-
-
-
20 122
total
-
-
-
107 364
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.

44 285
-
176 949
-
health
2 860
-
11 431
-
income
7 637
-
45 146
-
pensions
6 864
-
27 427
-
unemployment
63
-
247
-
total
17 424
-
84 251
-
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.

44 285
-
176 949
-
unemployment
27
-
106
-
pensions
3 919
-
15 660
-
health
2 950
-
11 785
-
total
6 896
-
27 551
-
Corporate
153 320
204 500
-
-
income
29 130
38 855
-
-
total
29 130
38 855
-
-
Dividends
124 190
165 645
-
-
withholding
18 628
24 847
-
-
total
18 628
24 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
72 078
63 702
111 802
107 364
After tax
132 422
140 798
92 698
97 136
Living cost
26 861
26 861
26 861
26 861
Free-cash
105 561
113 937
65 837
70 275

Estimated living cost  is ₽26861 per week

₽18434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81324
₽33817
₽98232
₽148267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
39 861
social contributions
-
-
-
23 313
total
-
-
-
63 174
Employee
61 791
-
-
-
social contributions
5 067
-
722
-
income
13 630
-
-
-
total
18 697
-
722
-
Employer
61 791
-
-
-
social contributions
87 126
-
12 417
-
total
87 126
-
12 417
-
Corporate
55 583
204 500
-
-
income
12 228
44 990
-
-
total
12 228
44 990
-
-
Dividends
43 355
159 510
-
-
income
9 538
35 092
-
-
total
9 538
35 092
-
-
Income
204 500
204 500
204 500
204 500
Total tax
127 589
80 082
13 139
63 174
After tax
76 911
124 418
191 361
141 326
Living cost
43 094
43 094
43 094
43 094
Free-cash
33 817
81 324
148 267
98 232

Estimated living cost  is ₽43094 per week

₽27961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84908
₽83899
₽76304
₽60799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
income
-
-
-
25 720
surtax
-
-
-
-
social contributions

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

-
-
-
71 064
total
-
-
-
96 784
Employee
46 059
-
165 252
-
social contributions
5 067
-
18 178
-
surtax
-
-
-
-
income
9 580
-
54 863
-
total
14 647
-
73 041
-
Employer
46 059
-
165 252
-
social contributions
10 939
-
39 248
-
total
10 939
-
39 248
-
Corporate
147 502
204 500
-
-
surtax
-
-
-
-
income
30 976
42 945
-
-
total
30 976
42 945
-
-
Dividends
116 526
161 555
-
-
withholding
32 627
45 235
-
-
total
32 627
45 235
-
-
Income
204 500
204 500
204 500
204 500
Total tax
89 189
88 180
112 289
96 784
After tax
115 311
116 320
92 211
107 716
Living cost
31 412
31 412
31 412
31 412
Free-cash
83 899
84 908
60 799
76 304

Estimated living cost  is ₽31412 per week

₽23503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54698
₽61585
₽65337
₽60669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
35 315
pensions
-
-
-
33 787
other
-
-
-
6 340
health
-
-
-
9 525
surtax
-
-
-
-
social contributions
-
-
-
5 827
total
-
-
-
90 794
Employee
62 723
-
156 892
-
social contributions
1 786
-
4 472
-
surtax
-
-
-
-
income
5 473
-
31 906
-
pensions
7 094
-
11 479
-
total
14 353
-
47 857
-
Employer
62 723
-
156 892
-
other
2 165
-
6 363
-
social contributions
188
-
471
-
unemployment
2 541
-
6 353
-
pensions
10 306
-
19 226
-
health
4 390
-
15 192
-
total
19 590
-
47 605
-
Corporate
122 187
204 500
-
-
surtax
-
-
-
-
income
34 212
57 261
-
-
total
34 212
57 261
-
-
Dividends
87 975
147 239
-
-
surtax
-
-
-
-
social contributions
15 131
25 325
-
-
withholding
11 260
18 847
-
-
total
26 391
44 172
-
-
Income
204 500
204 500
204 500
204 500
Total tax
94 546
101 433
95 462
90 794
After tax
109 954
103 067
109 038
113 706
Living cost
48 369
48 369
48 369
48 369
Free-cash
61 585
54 698
60 669
65 337

Estimated living cost  is ₽48369 per week

₽32735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153946
₽150582
₽119537
₽124971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
9 869
social contributions
-
-
-
44 991
total
-
-
-
54 860
Employee
32 196
-
177 056
-
income
-
-
10 473
-
social contributions
2 092
-
11 509
-
total
2 092
-
21 982
-
Employer
32 196
-
177 056
-
social contributions
4 991
-
27 444
-
total
4 991
-
27 444
-
Corporate
167 314
204 500
-
-
income
16 732
20 451
-
-
total
16 732
20 451
-
-
Dividends
150 582
184 049
-
-
total
-
-
-
-
Income
204 500
204 500
204 500
204 500
Total tax
23 815
20 451
49 426
54 860
After tax
180 685
184 049
155 074
149 640
Living cost
30 103
30 103
30 103
30 103
Free-cash
150 582
153 946
124 971
119 537

Estimated living cost  is ₽30103 per week

₽19464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13834
-₽13834
₽70732
-₽13834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
43 429
pensions
-
-
-
869
national
-
-
-
24 919
labour market
-
-
-
16 290
total
-
-
-
85 507
Employee
203 697
203 697
203 697
-
labour market
16 273
16 273
16 273
-
national
24 885
24 885
24 885
-
municipal
43 376
43 376
43 376
-
pensions
290
290
290
-
total
84 824
84 824
84 824
-
Employer
203 697
203 697
203 697
-
labour market
16 296
16 296
16 296
-
municipal
43 445
43 445
43 445
-
pensions
579
579
579
-
national
24 929
24 929
24 929
-
total
85 249
85 249
85 249
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
204 500
204 500
204 500
204 500
Total tax
170 073
170 073
170 073
85 507
After tax
34 427
34 427
34 427
118 993
Living cost
48 261
48 261
48 261
48 261
Free-cash
-13 834
-13 834
-13 834
70 732

Estimated living cost  is ₽48261 per week

₽33030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5066
₽13247
₽118063
₽90461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
252
income
-
-
-
57 857
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
64 807
Employee
34 026
-
185 849
-
health
3 896
-
21 279
-
income
4 668
-
44 866
-
pensions
3 832
-
7 613
-
total
12 396
-
73 758
-
Employer
34 026
-
185 849
-
accident
568
-
3 104
-
unemployment
834
-
4 553
-
pensions
5 532
-
10 994
-
total
6 934
-
18 651
-
Corporate
163 540
204 500
-
-
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.

147 186
184 050
-
-
total
147 186
184 050
-
-
Dividends
16 354
20 450
-
-
withholding
3 107
3 886
-
-
total
3 107
3 886
-
-
Income
204 500
204 500
204 500
204 500
Total tax
169 623
187 936
92 409
64 807
After tax
34 877
16 564
112 091
139 693
Living cost
21 630
21 630
21 630
21 630
Free-cash
13 247
-5 066
90 461
118 063

Estimated living cost  is ₽21630 per week

₽15744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87950
₽91045
₽89369
₽65943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
204 500
municipal
-
-
-
36 318
health
-
-
-
2 731
national
-
-
-
37 633
total
-
-
-
76 682
Employee
52 689
-
172 036
-
health
393
-
2 231
-
municipal
8 630
-
28 011
-
pensions
3 556
-
11 612
-
unemployment
791
-
2 581
-
national
870
-
23 209
-
total
14 240
-
67 644
-
Employer
52 689
-
172 036
-
accident
53
-
173
-
unemployment
342
-
1 117
-
pensions
9 141
-
29 849
-
health
405
-
1 325
-
total
9 941
-
32 464
-
Corporate
141 870
204 500
-
-
income
28 374
40 900
-
-
total
28 374
40 900
-
-
Dividends

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

85 122
122 700
-
-
national
7 130
15 116
-
-
municipal
15 321
22 085
-
-
total
22 451
37 201
-
-
Income
204 500
204 500
204 500
204 500
Total tax
75 006
78 101
100 108
76 682
After tax
129 494
126 399
104 392
127 818
Living cost
38 449
38 449
38 449
38 449
Free-cash
91 045
87 950
65 943
89 369

Estimated living cost  is ₽38449 per week

₽25115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125906
₽120457
₽115181
₽113460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
44 714
health
-
-
-
5 215
social contributions
-
-
-
16 203
total
-
-
-
66 132
Employee
77 007
77 007
192 322
-
social contributions
2 911
6 391
8 620
-
health
597
1 309
3 269
-
income
8 385
7 129
43 786
-
total
11 893
14 829
55 675
-
Employer
77 007
77 007
192 322
-
social contributions
2 911
6 391
8 620
-
health
648
1 425
3 558
-
total
3 559
7 816
12 178
-
Corporate
165 861
119 676
-
-
income
20 732
14 960
-
-
total
20 732
14 960
-
-
Dividends
145 129
104 716
-
-
withholding
24 672
17 802
-
-
total
24 672
17 802
-
-
Income
204 500
204 500
204 500
204 500
Total tax
60 856
55 407
67 853
66 132
After tax
143 644
149 093
136 647
138 368
Living cost
23 187
23 187
23 187
23 187
Free-cash
120 457
125 906
113 460
115 181

Estimated living cost  is ₽23187 per week

₽13896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153445
₽148352
₽157539
₽137452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
204 500
income
-
-
-
21 038
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
31 061
Employee

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

22 987
-
194 713
-
health
1 954
-
8 077
-
income
1 572
-
18 556
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
41 361
-
Employer

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

22 987
-
194 713
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
179 147
204 500
-
-
income
16 123
18 406
-
-
total
16 123
18 406
-
-
Dividends
163 024
186 094
-
-
withholding
14 672
16 749
-
-
total
14 672
16 749
-
-
Income
204 500
204 500
204 500
204 500
Total tax
40 248
35 155
51 148
31 061
After tax
164 252
169 345
153 352
173 439
Living cost
15 900
15 900
15 900
15 900
Free-cash
148 352
153 445
137 452
157 539

Estimated living cost  is ₽15900 per week

₽10145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108435
₽104014
₽86911
₽82708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
836
income
-
-
-
62 203
pensions
-
-
-
26 268
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
90 050
Employee
37 030
-
174 908
-
other
36
-
93
-
income
7 139
-
58 765
-
pensions
1 741
-
4 363
-
unemployment
574
-
1 439
-
total
9 490
-
64 660
-
Employer
37 030
-
174 908
-
accident
734
-
1 838
-
other
296
-
743
-
unemployment
2 037
-
5 105
-
pensions
8 738
-
21 907
-
total
11 805
-
29 593
-
Corporate
155 665
204 500
-
-
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.

23 349
30 675
-
-
total
23 349
30 675
-
-
Dividends
132 316
173 825
-
-
withholding
28 303
37 851
-
-
total
28 303
37 851
-
-
Income
204 500
204 500
204 500
204 500
Total tax
72 947
68 526
94 253
90 050
After tax
131 553
135 974
110 247
114 450
Living cost
27 539
27 539
27 539
27 539
Free-cash
104 014
108 435
82 708
86 911

Estimated living cost  is ₽27539 per week

₽18588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124869
₽124419
₽128577
₽128382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
69 737
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
73 184
Employee
4 172
-
202 252
-
health
209
-
500
-
income
807
-
69 632
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
71 131
-
Employer
4 172
-
202 252
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
199 389
204 500
-
-
income
43 866
44 990
-
-
total
43 866
44 990
-
-
Dividends
155 524
159 510
-
-
withholding
31 105
31 902
-
-
total
31 105
31 902
-
-
Income
204 500
204 500
204 500
204 500
Total tax
77 342
76 892
73 379
73 184
After tax
127 158
127 608
131 121
131 316
Living cost
2 739
2 739
2 739
2 739
Free-cash
124 419
124 869
128 382
128 577

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130428
₽125500
₽112253
₽112252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
income
-
-
-
46 941
pensions
-
-
-
19 248
unemployment
-
-
-
1 110
health
-
-
-
7 625
total
-
-
-
74 924
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.

26 123
-
191 249
-
health
1 345
-
3 813
-
income
3 601
-
46 941
-
pensions
3 657
-
10 364
-
unemployment
196
-
555
-
total
8 799
-
61 673
-
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.

26 123
-
191 249
-
unemployment
196
-
555
-
pensions
3 135
-
8 884
-
health
1 345
-
3 813
-
total
4 676
-
13 252
-
Corporate
173 701
204 500
-
-
income
26 055
30 675
-
-
total
26 055
30 675
-
-
Dividends
147 646
173 825
-
-
withholding
22 147
26 074
-
-
total
22 147
26 074
-
-
Income
204 500
204 500
204 500
204 500
Total tax
61 677
56 749
74 925
74 924
After tax
142 823
147 751
129 575
129 576
Living cost
17 323
17 323
17 323
17 323
Free-cash
125 500
130 428
112 252
112 253

Estimated living cost  is ₽17323 per week

₽11664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89321
₽88959
₽80717
₽65212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
income
-
-
-
25 720
surtax
-
-
-
-
social contributions

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

-
-
-
71 064
total
-
-
-
96 784
Employee
38 869
-
165 252
-
social contributions
4 276
-
18 178
-
surtax
-
-
-
-
income
7 595
-
54 863
-
total
11 871
-
73 041
-
Employer
38 869
-
165 252
-
social contributions
9 231
-
39 248
-
total
9 231
-
39 248
-
Corporate
156 401
204 500
-
-
surtax
-
-
-
-
income
32 844
42 945
-
-
total
32 844
42 945
-
-
Dividends
123 557
161 555
-
-
withholding
34 596
45 235
-
-
total
34 596
45 235
-
-
Income
204 500
204 500
204 500
204 500
Total tax
88 542
88 180
112 289
96 784
After tax
115 958
116 320
92 211
107 716
Living cost
26 999
26 999
26 999
26 999
Free-cash
88 959
89 321
65 212
80 717

Estimated living cost  is ₽26999 per week

₽19122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100778
₽94224
₽79254
₽75051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
836
income
-
-
-
62 203
pensions
-
-
-
26 268
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
90 050
Employee
48 366
-
174 908
-
other
48
-
93
-
income
10 102
-
58 765
-
pensions
2 273
-
4 363
-
unemployment
749
-
1 439
-
total
13 172
-
64 660
-
Employer
48 366
-
174 908
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 661
-
5 105
-
pensions
11 414
-
21 907
-
total
15 421
-
29 593
-
Corporate
140 714
204 500
-
-
income

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

21 106
30 675
-
-
total
21 106
30 675
-
-
Dividends
119 607
173 825
-
-
withholding
25 381
37 851
-
-
total
25 381
37 851
-
-
Income
204 500
204 500
204 500
204 500
Total tax
75 080
68 526
94 253
90 050
After tax
129 420
135 974
110 247
114 450
Living cost
35 196
35 196
35 196
35 196
Free-cash
94 224
100 778
75 051
79 254

Estimated living cost  is ₽35196 per week

₽25276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157602
₽151491
₽147229
₽155550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
30 675
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
40 025
Employee
22 837
-
197 629
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
19 763
-
pensions

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

2 005
-
3 075
-
total
5 591
-
24 834
-
Employer
22 837
-
197 629
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
177 183
204 500
-
-
income
17 718
20 450
-
-
total
17 718
20 450
-
-
Dividends
159 465
184 050
-
-
withholding
7 973
9 202
-
-
total
7 973
9 202
-
-
Income
204 500
204 500
204 500
204 500
Total tax
35 763
29 652
31 704
40 025
After tax
168 737
174 848
172 796
164 475
Living cost
17 246
17 246
17 246
17 246
Free-cash
151 491
157 602
155 550
147 229

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66535
₽79637
₽66350
₽89015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
trade
-
-
-
22 665
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.

-
-
-
66 330
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.

-
-
-
6 842
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.

-
-
-
3 649
total
-
-
-
99 486
Employee

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

49 829
-
204 500
-
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.

6 842
-
6 842
-
surtax

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

226
-
3 649
-
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.

4 097
-
66 330
-
total
11 165
-
76 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 671
204 500
-
-
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.

1 275
1 688
-
-
income
23 201
30 675
-
-
trade
22 195
29 345
-
-
chamber of commerce
378
452
-
-
total
47 049
62 160
-
-
Dividends
107 622
142 340
-
-
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.

1 460
1 937
-
-
withholding
26 525
35 204
-
-
total
27 985
37 141
-
-
Income
204 500
204 500
204 500
204 500
Total tax
86 199
99 301
76 821
99 486
After tax
118 301
105 199
127 679
105 014
Living cost
38 664
38 664
38 664
38 664
Free-cash
79 637
66 535
89 015
66 350

Estimated living cost  is ₽38664 per week

₽26671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
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.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86103
₽88314
₽47439
₽47439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
65 246
social contributions
-
-
-
34 768
total
-
-
-
100 014
Employee
78 336
-
204 500
-
income
14 782
-
65 246
-
social contributions
6 508
-
34 768
-
total
21 290
-
100 014
-
Employer
78 336
-
204 500
-
total
-
-
-
-
Corporate
126 164
204 500
-
-
income
15 770
25 563
-
-
total
15 770
25 563
-
-
Dividends
110 394
178 937
-
-
withholding
22 079
35 787
-
-
total
22 079
35 787
-
-
Income
204 500
204 500
204 500
204 500
Total tax
59 139
61 350
100 014
100 014
After tax
145 361
143 150
104 486
104 486
Living cost
57 047
57 047
57 047
57 047
Free-cash
88 314
86 103
47 439
47 439

Estimated living cost  is ₽57047 per week

₽43401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91281
₽94780
₽130796
₽107336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
income
-
-
-
30 675
health

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

-
-
-
6 676
total
-
-
-
37 351
Employee
45 941
-
199 893
-
income
4 985
-
51 597
-
social contributions
4 603
-
4 607
-
total
9 588
-
56 204
-
Employer
45 941
-
199 893
-
social contributions
4 603
-
4 607
-
total
4 603
-
4 607
-
Corporate
153 956
204 500
-
-
income
53 885
71 575
-
-
total
53 885
71 575
-
-
Dividends
100 071
132 925
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
204 500
204 500
204 500
204 500
Total tax
73 367
76 866
60 811
37 351
After tax
131 133
127 634
143 689
167 149
Living cost
36 353
36 353
36 353
36 353
Free-cash
94 780
91 281
107 336
130 796

Estimated living cost  is ₽36353 per week

₽23946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
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.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93522
₽99490
₽96152
₽77793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
income
-
-
-
61 315
pensions
-
-
-
9 605
total
-
-
-
70 920
Employee
51 375
-
178 394
-
health
670
-
2 481
-
income
9 356
-
49 074
-
pensions
3 921
-
11 618
-
total
13 947
-
63 173
-
Employer
51 375
-
178 394
-
pensions
5 191
-
22 717
-
health
976
-
3 389
-
total
6 167
-
26 106
-
Corporate
146 958
204 500
-
-
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.

27 921
38 855
-
-
total
27 921
38 855
-
-
Dividends
119 036
165 645
-
-
withholding
19 547
34 695
-
-
total
19 547
34 695
-
-
Income
204 500
204 500
204 500
204 500
Total tax
67 582
73 550
89 279
70 920
After tax
136 918
130 950
115 221
133 580
Living cost
37 428
37 428
37 428
37 428
Free-cash
99 490
93 522
77 793
96 152

Estimated living cost  is ₽37428 per week

₽25675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3442
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.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7208
₽12919
₽115921
₽88319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
accident
-
-
-
252
income
-
-
-
57 857
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
64 807
Employee
37 394
-
185 849
-
health
4 281
-
21 279
-
income
5 130
-
44 866
-
pensions
4 211
-
7 613
-
total
13 622
-
73 758
-
Employer
37 394
-
185 849
-
accident
624
-
3 104
-
unemployment
916
-
4 553
-
pensions
6 080
-
10 994
-
total
7 620
-
18 651
-
Corporate
159 486
204 500
-
-
income

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

143 537
184 050
-
-
total
143 537
184 050
-
-
Dividends
15 949
20 450
-
-
withholding
3 030
3 886
-
-
total
3 030
3 886
-
-
Income
204 500
204 500
204 500
204 500
Total tax
167 809
187 936
92 409
64 807
After tax
36 691
16 564
112 091
139 693
Living cost
23 772
23 772
23 772
23 772
Free-cash
12 919
-7 208
88 319
115 921

Estimated living cost  is ₽23772 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142914
₽153872
₽112785
₽134808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
204 500
work injury
-
-
-
801
health insurance
-
-
-
11 852
income
-
-
-
34 142
pensions
-
-
-
29 470
unemployment
-
-
-
1 922
total
-
-
-
78 187
Employee

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

21 644
-
204 500
-
work injury
108
-
400
-
income
2 164
-
34 142
-
pensions
3 983
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 117
-
56 164
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 856
204 500
-
-
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%.

1 829
20 450
-
-
total
1 829
20 450
-
-
Dividends
181 027
184 050
-
-
withholding
27 154
27 608
-
-
total
27 154
27 608
-
-
Income
204 500
204 500
204 500
204 500
Total tax
37 100
48 058
56 164
78 187
After tax
167 400
156 442
148 336
126 313
Living cost
13 528
13 528
13 528
13 528
Free-cash
153 872
142 914
134 808
112 785

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67821
₽63264
₽54882
₽46579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
204 500
municipal
-
-
-
1 389
regional
-
-
-
4 807
national
-
-
-
53 403
social contributions
-
-
-
50 123
total
-
-
-
109 722
Employee
84 389
-
204 500
-
social contributions
28 456
-
65 712
-
regional
1 274
-
4 290
-
municipal
504
-
1 249
-
national
14 261
-
46 774
-
total
44 495
-
118 025
-
Employer
84 389
-
204 500
-
total
-
-
-
-
Corporate
120 111
204 500
-
-
nationa
28 826
49 079
-
-
municipal
5 789
9 858
-
-
total
34 615
58 937
-
-
Dividends
85 496
145 563
-
-
withholding
22 230
37 846
-
-
total
22 230
37 846
-
-
Income
204 500
204 500
204 500
204 500
Total tax
101 340
96 783
118 025
109 722
After tax
103 160
107 717
86 475
94 778
Living cost
39 896
39 896
39 896
39 896
Free-cash
63 264
67 821
46 579
54 882

Estimated living cost  is ₽39896 per week

₽28024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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