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
₽ 205500
per

Your estimated
City
free-cash

Dresden , Germany
₽73037
₽84199
₽72802
₽97779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
trade
-
-
-
24 977
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.

-
-
-
66 599
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.

-
-
-
6 894
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.

-
-
-
3 663
total
-
-
-
102 133
Employee

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

38 597
-
205 500
-
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.

6 894
-
6 894
-
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
-
3 663
-
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.

1 078
-
66 599
-
total
8 031
-
77 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 903
205 500
-
-
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.

1 377
1 695
-
-
income
25 035
30 826
-
-
trade
26 287
32 367
-
-
chamber of commerce
393
448
-
-
total
53 092
65 336
-
-
Dividends
113 812
140 164
-
-
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.

1 543
1 905
-
-
withholding
28 070
34 657
-
-
total
29 613
36 562
-
-
Income
205 500
205 500
205 500
205 500
Total tax
90 736
101 898
77 156
102 133
After tax
114 764
103 602
128 344
103 367
Living cost
30 565
30 565
30 565
30 565
Free-cash
84 199
73 037
97 779
72 802

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77242
₽76393
₽67582
₽68684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
22 713
pensions
-
-
-
24 660
national
-
-
-
37 346
social contributions
-
-
-
2 209
total
-
-
-
86 928
Employee
79 044
-
177 653
-
municipal
9 763
-
23 509
-
pensions
3 162
-
7 106
-
national
15 129
-
39 089
-
total
28 054
-
69 704
-
Employer
79 044
-
177 653
-
social contributions
850
-
1 910
-
pensions
6 324
-
14 212
-
total
7 174
-
16 122
-
Corporate
114 066
205 500
-
-
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%.

22 813
41 100
-
-
total
22 813
41 100
-
-
Dividends
91 253
164 400
-
-
withholding
20 076
36 168
-
-
total
20 076
36 168
-
-
Income
205 500
205 500
205 500
205 500
Total tax
78 117
77 268
85 826
86 928
After tax
127 383
128 232
119 674
118 572
Living cost
50 990
50 990
50 990
50 990
Free-cash
76 393
77 242
68 684
67 582

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143407
₽135128
₽52304
₽67219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
microenterprise
-
-
-
-
income
-
-
-
41 136
surtax
-
-
-
52 402
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.

-
-
-
38 664
total
-
-
-
132 202
Employee
29 487
-
159 035
-
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.

3 244
-
13 229
-
surtax
-
-
23 060
-
income
5 249
-
34 533
-
total
8 493
-
70 822
-
Employer
29 487
-
159 035
-
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.

7 103
-
28 972
-
surtax
-
-
17 493
-
total
7 103
-
46 465
-
Corporate
168 910
205 500
-
-
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%.

33 782
41 099
-
-
total
33 782
41 099
-
-
Dividends

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

135 128
164 401
-
-
total
-
-
-
-
Income
205 500
205 500
205 500
205 500
Total tax
49 378
41 099
117 287
132 202
After tax
156 122
164 401
88 213
73 298
Living cost
20 994
20 994
20 994
20 994
Free-cash
135 128
143 407
67 219
52 304

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59883
₽53701
₽69249
₽89128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
69 711
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
93 978
Employee
86 174
86 174
186 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
31 078
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
55 345
-
Employer
86 174
86 174
186 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
105 293
104 235
-
-
income
21 059
20 847
-
-
total
21 059
20 847
-
-
Dividends
84 233
83 389
-
-
income
17 899
17 719
-
-
withholding
12 635
12 509
-
-
total
30 534
30 228
-
-
Income
205 500
205 500
205 500
205 500
Total tax
109 526
103 344
74 099
93 978
After tax
95 974
102 156
131 401
111 522
Living cost
42 273
42 273
42 273
42 273
Free-cash
53 701
59 883
89 128
69 249

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73214
₽72338
₽64476
₽63529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
53 898
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
23 383
total
-
-
-
102 035
Employee
55 556
-
178 651
-
municipal
16 567
-
53 274
-
national
-
-
22 860
-
total
16 567
-
76 134
-
Employer
55 556
-
178 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
132 488
205 500
-
-
income
29 147
45 210
-
-
total
29 147
45 210
-
-
Dividends
103 341
160 290
-
-
withholding
31 002
48 087
-
-
total
31 002
48 087
-
-
Income
205 500
205 500
205 500
205 500
Total tax
94 173
93 297
102 982
102 035
After tax
111 327
112 203
102 518
103 465
Living cost
38 989
38 989
38 989
38 989
Free-cash
72 338
73 214
63 529
64 476

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62901
₽77081
₽62616
₽88702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
trade
-
-
-
26 086
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.

-
-
-
66 599
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.

-
-
-
6 894
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.

-
-
-
3 663
total
-
-
-
103 242
Employee

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

51 174
-
205 500
-
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.

6 894
-
6 894
-
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.

241
-
3 663
-
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.

4 397
-
66 599
-
total
11 532
-
77 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 326
205 500
-
-
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.

1 273
1 695
-
-
income
23 148
30 826
-
-
trade
25 387
33 805
-
-
chamber of commerce
373
446
-
-
total
50 181
66 772
-
-
Dividends
104 143
138 728
-
-
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.

1 411
1 886
-
-
withholding
25 653
34 299
-
-
total
27 064
36 185
-
-
Income
205 500
205 500
205 500
205 500
Total tax
88 777
102 957
77 156
103 242
After tax
116 723
102 543
128 344
102 258
Living cost
39 642
39 642
39 642
39 642
Free-cash
77 081
62 901
88 702
62 616

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117094
₽112908
₽106341
₽104608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
44 862
health
-
-
-
5 239
social contributions
-
-
-
16 327
total
-
-
-
66 428
Employee
77 596
77 596
193 238
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 284
-
income
8 148
7 183
43 930
-
total
12 691
14 942
55 900
-
Employer
77 596
77 596
193 238
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 575
-
total
4 612
7 876
12 261
-
Corporate
155 467
120 027
-
-
income
19 433
15 004
-
-
total
19 433
15 004
-
-
Dividends
136 034
105 024
-
-
withholding
23 125
17 853
-
-
total
23 125
17 853
-
-
Income
205 500
205 500
205 500
205 500
Total tax
59 861
55 675
68 161
66 428
After tax
145 639
149 825
137 339
139 072
Living cost
32 731
32 731
32 731
32 731
Free-cash
112 908
117 094
104 608
106 341

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97046
₽97426
₽124026
₽100795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
25 122
pensions
-
-
-
20 550
unemployment
-
-
-
3 082
health
-
-
-
14 385
total
-
-
-
63 139
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.

26 467
10 533
171 967
-
health
1 853
737
12 038
-
income
3 236
1 288
21 023
-
pensions
2 647
1 053
17 197
-
unemployment
397
158
2 579
-
total
8 133
3 236
52 837
-
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.

26 467
10 533
171 967
-
pensions
5 161
2 054
33 533
-
total
5 161
2 054
33 533
-
Corporate
173 872
192 913
-
-
income
15 649
17 362
-
-
total
15 649
17 362
-
-
Dividends
158 224
175 551
-
-
social contributions
30 733
34 112
-
-
withholding
30 063
33 355
-
-
total
60 796
67 467
-
-
Income
205 500
205 500
205 500
205 500
Total tax
89 739
90 119
86 370
63 139
After tax
115 761
115 381
119 130
142 361
Living cost
18 335
18 335
18 335
18 335
Free-cash
97 426
97 046
100 795
124 026

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140027
₽133755
₽85775
₽94075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
27 538
pensions
-
-
-
41 099
health
-
-
-
26 714
total
-
-
-
95 351
Employee
28 627
-
153 587
-
income
3 223
-
29 611
-
pensions
573
-
3 072
-
unemployment
458
-
2 457
-
total
4 254
-
35 140
-
Employer
28 627
-
153 587
-
unemployment
230
-
1 229
-
pensions
5 726
-
30 716
-
health
3 721
-
19 966
-
total
9 677
-
51 911
-
Corporate
167 197
205 500
-
-
income
33 440
41 099
-
-
total
33 440
41 099
-
-
Dividends
133 757
164 401
-
-
total
-
-
-
-
Income
205 500
205 500
205 500
205 500
Total tax
47 371
41 099
87 051
95 351
After tax
158 129
164 401
118 449
110 149
Living cost
24 374
24 374
24 374
24 374
Free-cash
133 755
140 027
94 075
85 775

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5426
₽13259
₽118306
₽90562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
253
income
-
-
-
58 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 123
Employee
34 719
-
186 753
-
health
3 975
-
21 384
-
income
4 763
-
45 081
-
pensions
3 909
-
7 654
-
total
12 647
-
74 119
-
Employer
34 719
-
186 753
-
accident
580
-
3 119
-
unemployment
851
-
4 576
-
pensions
5 646
-
11 053
-
total
7 077
-
18 748
-
Corporate
163 706
205 500
-
-
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.

147 335
184 950
-
-
total
147 335
184 950
-
-
Dividends
16 370
20 550
-
-
withholding
3 111
3 905
-
-
total
3 111
3 905
-
-
Income
205 500
205 500
205 500
205 500
Total tax
170 170
188 855
92 867
65 123
After tax
35 330
16 645
112 633
140 377
Living cost
22 071
22 071
22 071
22 071
Free-cash
13 259
-5 426
90 562
118 306

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186146
₽184445
₽194366
₽155321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
205 500
microenterprise

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

-
-
-
2 055
total
-
-
-
2 055
Employee
11 349
-
205 500
-
income
2 269
-
41 100
-
total
2 269
-
41 100
-
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%.

194 151
205 500
-
-
total
-
-
-
-
Dividends
194 151
205 500
-
-
withholding
9 707
10 275
-
-
total
9 707
10 275
-
-
Income
205 500
205 500
205 500
205 500
Total tax
11 976
10 275
41 100
2 055
After tax
193 524
195 225
164 400
203 445
Living cost
9 079
9 079
9 079
9 079
Free-cash
184 445
186 146
155 321
194 366

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124093
₽117276
₽93355
₽91607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
34 387
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
85 256
Employee
36 640
-
166 723
-
health
513
-
2 149
-
income
6 308
-
33 805
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
48 229
-
Employer
36 640
-
166 723
-
accident
293
-
1 333
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 775
-
Corporate
159 626
205 500
-
-
income
33 522
43 154
-
-
total
33 522
43 154
-
-
Dividends
126 104
162 346
-
-
withholding
8 828
11 364
-
-
total
8 828
11 364
-
-
Income
205 500
205 500
205 500
205 500
Total tax
61 335
54 518
87 004
85 256
After tax
144 165
150 982
118 496
120 244
Living cost
26 889
26 889
26 889
26 889
Free-cash
117 276
124 093
91 607
93 355

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63870
₽72022
₽66513
₽48061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
61 612
pensions
-
-
-
9 653
total
-
-
-
71 265
Employee
95 816
-
179 265
-
health
1 579
-
2 494
-
income
17 272
-
49 314
-
pensions
9 244
-
11 675
-
total
28 095
-
63 483
-
Employer
95 816
-
179 265
-
pensions
11 313
-
22 829
-
health
1 820
-
3 405
-
total
13 133
-
26 234
-
Corporate
96 551
205 500
-
-
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.

18 345
39 044
-
-
total
18 345
39 044
-
-
Dividends
78 206
166 456
-
-
withholding
6 183
34 864
-
-
total
6 183
34 864
-
-
Income
205 500
205 500
205 500
205 500
Total tax
65 756
73 908
89 717
71 265
After tax
139 744
131 592
115 783
134 235
Living cost
67 722
67 722
67 722
67 722
Free-cash
72 022
63 870
48 061
66 513

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽162464
₽157773
₽152019
₽160375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
30 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 242
Employee
17 531
-
198 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
24 965
-
Employer
17 531
-
198 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
184 529
205 500
-
-
income
18 453
20 550
-
-
total
18 453
20 550
-
-
Dividends
166 076
184 950
-
-
withholding
8 304
9 247
-
-
total
8 304
9 247
-
-
Income
205 500
205 500
205 500
205 500
Total tax
34 488
29 797
31 886
40 242
After tax
171 012
175 703
173 614
165 258
Living cost
13 239
13 239
13 239
13 239
Free-cash
157 773
162 464
160 375
152 019

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46199
₽48739
₽55565
₽75444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
69 711
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
93 978
Employee
93 558
86 174
186 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
31 078
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
55 345
-
Employer
93 558
86 174
186 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
95 561
104 235
-
-
income
19 112
20 847
-
-
total
19 112
20 847
-
-
Dividends
76 450
83 389
-
-
income
16 245
17 719
-
-
withholding
11 467
12 509
-
-
total
27 712
30 228
-
-
Income
205 500
205 500
205 500
205 500
Total tax
100 804
103 344
74 099
93 978
After tax
104 696
102 156
131 401
111 522
Living cost
55 957
55 957
55 957
55 957
Free-cash
48 739
46 199
75 444
55 565

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117320
₽108697
₽95696
₽86904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
21 447
health
-
-
-
27 743
solidarity contribution
-
-
-
1 672
social contributions
-
-
-
34 775
total
-
-
-
85 637
Employee
35 540
-
161 217
-
social contributions
2 310
-
7 741
-
health
4 798
-
21 764
-
solidarity contribution
-
-
883
-
income
4 265
-
19 757
-
total
11 373
-
50 145
-
Employer
35 540
-
161 217
-
social contributions
8 885
-
29 774
-
health
3 199
-
14 510
-
total
12 084
-
44 284
-
Corporate
157 877
205 500
-
-
income
29 997
39 045
-
-
total
29 997
39 045
-
-
Dividends
127 880
166 455
-
-
withholding
19 182
24 968
-
-
total
19 182
24 968
-
-
Income
205 500
205 500
205 500
205 500
Total tax
72 636
64 013
94 429
85 637
After tax
132 864
141 487
111 071
119 863
Living cost
24 167
24 167
24 167
24 167
Free-cash
108 697
117 320
86 904
95 696

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67061
₽61794
₽55110
₽46465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
1 239
regional
-
-
-
2 496
national
-
-
-
53 568
social contributions
-
-
-
50 506
total
-
-
-
107 809
Employee
89 684
-
205 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 224
-
municipal
475
-
1 115
-
national
15 540
-
46 900
-
total
47 102
-
116 454
-
Employer
89 684
-
205 500
-
total
-
-
-
-
Corporate
115 816
205 500
-
-
nationa
27 796
49 320
-
-
municipal
4 517
8 014
-
-
total
32 313
57 334
-
-
Dividends
83 503
148 165
-
-
withholding
21 710
38 524
-
-
total
21 710
38 524
-
-
Income
205 500
205 500
205 500
205 500
Total tax
101 125
95 858
116 454
107 809
After tax
104 375
109 642
89 046
97 691
Living cost
42 581
42 581
42 581
42 581
Free-cash
61 794
67 061
46 465
55 110

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106991
₽103852
₽74610
₽68440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
61 777
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 117
total
-
-
-
108 622
Employee
33 371
-
177 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 910
-
income
5 594
-
55 741
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
86 442
-
Employer
33 371
-
177 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
165 105
205 500
-
-
income
42 926
53 430
-
-
total
42 926
53 430
-
-
Dividends
122 179
152 070
-
-
withholding
18 326
22 811
-
-
total
18 326
22 811
-
-
Income
205 500
205 500
205 500
205 500
Total tax
79 380
76 241
114 792
108 622
After tax
126 120
129 259
90 708
96 878
Living cost
22 268
22 268
22 268
22 268
Free-cash
103 852
106 991
68 440
74 610

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85326
₽92017
₽87969
₽69517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
61 612
pensions
-
-
-
9 653
total
-
-
-
71 265
Employee
64 213
-
179 265
-
health
932
-
2 494
-
income
11 565
-
49 314
-
pensions
5 450
-
11 675
-
total
17 947
-
63 483
-
Employer
64 213
-
179 265
-
pensions
6 951
-
22 829
-
health
1 220
-
3 405
-
total
8 171
-
26 234
-
Corporate
133 116
205 500
-
-
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.

25 291
39 044
-
-
total
25 291
39 044
-
-
Dividends
107 824
166 456
-
-
withholding
15 808
34 864
-
-
total
15 808
34 864
-
-
Income
205 500
205 500
205 500
205 500
Total tax
67 217
73 908
89 717
71 265
After tax
138 283
131 592
115 783
134 235
Living cost
46 266
46 266
46 266
46 266
Free-cash
92 017
85 326
69 517
87 969

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17703
₽50337
₽87791
₽79546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
city
-
-
-
2 166
pensions
-
-
-
18 906
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.

-
-
-
4 110
regional
-
-
-
11 085
health
-
-
-
462
national
-
-
-
4 714
total
-
-
-
41 443
Employee
89 251
-
184 523
-
city
958
-
1 990
-
regional
2 923
-
9 755
-
health
202
-
415
-
pensions
7 498
-
14 842
-
unemployment
-
-
-
-
national
422
-
3 739
-
total
12 003
-
30 741
-
Employer
89 251
-
184 523
-
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.

1 784
-
3 690
-
unemployment
-
-
-
-
pensions
7 498
-
14 842
-
health
202
-
415
-
total
9 484
-
18 947
-
Corporate
105 783
205 500
-
-
regional
22 373
43 464
-
-
national
8 991
17 467
-
-
total
31 364
60 931
-
-
Dividends
74 419
144 570
-
-
withholding
26 046
50 600
-
-
total
26 046
50 600
-
-
Income
205 500
205 500
205 500
205 500
Total tax
78 897
111 531
49 688
41 443
After tax
126 603
93 969
155 812
164 057
Living cost
76 266
76 266
76 266
76 266
Free-cash
50 337
17 703
79 546
87 791

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55260
₽71624
₽54919
₽82116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
trade
-
-
-
27 197
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.

-
-
-
66 599
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.

-
-
-
6 894
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.

-
-
-
3 663
total
-
-
-
104 353
Employee

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

60 646
-
205 500
-
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.

6 894
-
6 894
-
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.

393
-
3 663
-
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.

7 131
-
66 599
-
total
14 418
-
77 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 854
205 500
-
-
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.

1 195
1 695
-
-
income
21 727
30 826
-
-
trade
24 843
35 243
-
-
chamber of commerce
356
442
-
-
total
48 121
68 206
-
-
Dividends
96 732
137 294
-
-
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.

1 310
1 867
-
-
withholding
23 799
33 939
-
-
total
25 109
35 806
-
-
Income
205 500
205 500
205 500
205 500
Total tax
87 648
104 012
77 156
104 353
After tax
117 852
101 488
128 344
101 147
Living cost
46 228
46 228
46 228
46 228
Free-cash
71 624
55 260
82 116
54 919

Estimated living cost  is ₽46228 per week

₽33763
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69048
₽75008
₽79791
₽75137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
35 404
pensions
-
-
-
33 999
other
-
-
-
6 371
health
-
-
-
9 556
surtax
-
-
-
-
social contributions
-
-
-
5 854
total
-
-
-
91 184
Employee
43 189
-
157 689
-
social contributions
1 231
-
4 494
-
surtax
-
-
-
-
income
2 549
-
32 006
-
pensions
4 883
-
11 526
-
total
8 663
-
48 026
-
Employer
43 189
-
157 689
-
other
1 490
-
6 391
-
social contributions
130
-
473
-
unemployment
1 748
-
6 386
-
pensions
7 095
-
19 306
-
health
3 024
-
15 256
-
total
13 487
-
47 812
-
Corporate
148 824
205 500
-
-
surtax
-
-
-
-
income
41 670
57 540
-
-
total
41 670
57 540
-
-
Dividends
107 154
147 960
-
-
surtax
-
-
-
-
social contributions
18 432
25 448
-
-
withholding
13 715
18 939
-
-
total
32 147
44 387
-
-
Income
205 500
205 500
205 500
205 500
Total tax
95 967
101 927
95 838
91 184
After tax
109 533
103 573
109 662
114 316
Living cost
34 525
34 525
34 525
34 525
Free-cash
75 008
69 048
75 137
79 791

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72468
₽78076
₽83211
₽78557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
35 404
pensions
-
-
-
33 999
other
-
-
-
6 371
health
-
-
-
9 556
surtax
-
-
-
-
social contributions
-
-
-
5 854
total
-
-
-
91 184
Employee
38 552
-
157 689
-
social contributions
1 099
-
4 494
-
surtax
-
-
-
-
income
1 988
-
32 006
-
pensions
4 360
-
11 526
-
total
7 447
-
48 026
-
Employer
38 552
-
157 689
-
other
1 331
-
6 391
-
social contributions
115
-
473
-
unemployment
1 561
-
6 386
-
pensions
6 335
-
19 306
-
health
2 698
-
15 256
-
total
12 040
-
47 812
-
Corporate
154 909
205 500
-
-
surtax
-
-
-
-
income
43 374
57 540
-
-
total
43 374
57 540
-
-
Dividends
111 534
147 960
-
-
surtax
-
-
-
-
social contributions
19 182
25 448
-
-
withholding
14 276
18 939
-
-
total
33 458
44 387
-
-
Income
205 500
205 500
205 500
205 500
Total tax
96 319
101 927
95 838
91 184
After tax
109 181
103 573
109 662
114 316
Living cost
31 105
31 105
31 105
31 105
Free-cash
78 076
72 468
78 557
83 211

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103975
₽104500
₽110574
₽105523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
30 826
health
-
-
-
14 343
social contributions
-
-
-
28 359
total
-
-
-
73 528
Employee
34 215
-
205 500
-
social contributions
4 722
-
28 359
-
health
2 388
-
14 343
-
income
5 707
-
35 877
-
total
12 817
-
78 579
-
Employer
34 215
-
205 500
-
total
-
-
-
-
Corporate
171 285
205 500
-
-
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%.

8 564
10 276
-
-
total
8 564
10 276
-
-
Dividends
162 721
195 224
-
-
health
11 358
13 627
-
-
social contributions
22 455
26 940
-
-
withholding
24 408
29 284
-
-
total
58 221
69 851
-
-
Income
205 500
205 500
205 500
205 500
Total tax
79 602
80 127
78 579
73 528
After tax
125 898
125 373
126 921
131 972
Living cost
21 398
21 398
21 398
21 398
Free-cash
104 500
103 975
105 523
110 574

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77883
₽76319
₽69992
₽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
-
-
-
205 500
chamber of commerce
-
-
-
822
income
-
-
-
61 913
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
99 951
Employee
50 431
40 215
167 735
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
51 306
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
72 656
-
Employer
50 431
40 215
167 735
-
accident
655
523
1 532
-
other
2 396
1 909
7 543
-
chamber of commerce
201
161
670
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 033
-
health
1 905
1 520
4 456
-
total
14 711
11 772
37 765
-
Corporate
140 358
153 512
163 905
-
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.

35 090
38 378
40 977
-
total
35 090
38 378
40 977
-
Dividends
105 268
115 134
-
-
withholding
28 949
31 662
-
-
total
28 949
31 662
-
-
Income
205 500
205 500
205 500
205 500
Total tax
93 624
92 060
151 398
99 951
After tax
111 876
113 440
54 102
105 549
Living cost
35 557
35 557
35 557
35 557
Free-cash
76 319
77 883
18 545
69 992

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77179
₽62942
₽52478
₽34010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
national
-
-
-
80 249
communal

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

-
-
-
10 820
social contributions
-
-
-
25 159
total
-
-
-
116 228
Employee

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

72 183
-
159 167
-
communal

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

3 765
-
8 301
-
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.

3 391
-
7 482
-
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.

5 414
-
11 938
-
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.

628
-
1 385
-
national
22 192
-
59 259
-
total
35 390
-
88 365
-
Employer

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

72 183
-
159 167
-
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.

938
-
2 068
-
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.

1 053
-
2 323
-
surtax
8 185
-
18 051
-
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.

6 396
-
14 102
-
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.

4 439
-
9 787
-
total
21 011
-
46 331
-
Corporate
112 306
205 500
-
-
surtax
450
846
-
-
income
22 461
42 360
-
-
total
22 911
43 206
-
-
Dividends
89 395
162 294
-
-
withholding

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

26 452
48 321
-
-
total
26 452
48 321
-
-
Income
205 500
205 500
205 500
205 500
Total tax
105 764
91 527
134 696
116 228
After tax
99 736
113 973
70 804
89 272
Living cost
36 794
36 794
36 794
36 794
Free-cash
62 942
77 179
34 010
52 478

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100201
₽93288
₽78572
₽74337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
843
income
-
-
-
62 424
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 485
Employee
50 231
-
175 682
-
other
50
-
94
-
income
10 598
-
58 960
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
64 901
-
Employer
50 231
-
175 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
139 258
205 500
-
-
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.

20 889
30 826
-
-
total
20 889
30 826
-
-
Dividends
118 369
174 674
-
-
withholding
25 081
38 030
-
-
total
25 081
38 030
-
-
Income
205 500
205 500
205 500
205 500
Total tax
75 769
68 856
94 720
90 485
After tax
129 731
136 644
110 780
115 015
Living cost
36 443
36 443
36 443
36 443
Free-cash
93 288
100 201
74 337
78 572

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63215
₽49544
₽43653
₽51846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
1 733
income
-
-
-
36 857
pensions
-
-
-
30 803
health
-
-
-
14 439
surtax
-
-
-
10 188
communal
-
-
-
12 987
total
-
-
-
107 007
Employee
76 419
-
183 562
-
health
3 401
-
8 169
-
surtax
4 684
-
11 251
-
income
7 381
-
42 774
-
pensions
6 113
-
14 684
-
total
21 579
-
76 878
-
Employer
76 419
-
183 562
-
accident
687
-
1 653
-
pensions
6 113
-
14 684
-
health
2 331
-
5 599
-
total
9 131
-
21 936
-
Corporate
119 950
205 500
-
-
surtax
1 260
2 158
-
-
communal
8 097
13 872
-
-
income
17 993
30 826
-
-
total
27 350
46 856
-
-
Dividends
92 600
158 644
-
-
income
29 167
16 791
-
-
withholding
13 889
23 798
-
-
total
43 056
40 589
-
-
Income
205 500
205 500
205 500
205 500
Total tax
101 116
87 445
98 814
107 007
After tax
104 384
118 055
106 686
98 493
Living cost
54 839
54 839
54 839
54 839
Free-cash
49 544
63 215
51 846
43 653

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106593
₽103384
₽74212
₽68042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
61 777
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 117
total
-
-
-
108 622
Employee
33 983
-
177 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
8 910
-
income
5 697
-
55 741
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
86 442
-
Employer
33 983
-
177 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
164 362
205 500
-
-
income
42 735
53 430
-
-
total
42 735
53 430
-
-
Dividends
121 627
152 070
-
-
withholding
18 244
22 811
-
-
total
18 244
22 811
-
-
Income
205 500
205 500
205 500
205 500
Total tax
79 450
76 241
114 792
108 622
After tax
126 050
129 259
90 708
96 878
Living cost
22 666
22 666
22 666
22 666
Free-cash
103 384
106 593
68 042
74 212

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80833
₽78591
₽69857
₽61260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
1 239
regional
-
-
-
3 147
national
-
-
-
53 568
social contributions
-
-
-
50 506
total
-
-
-
108 460
Employee
55 977
-
205 500
-
social contributions
18 876
-
66 215
-
regional
754
-
2 827
-
municipal
297
-
1 115
-
national
8 868
-
46 900
-
total
28 795
-
117 057
-
Employer
55 977
-
205 500
-
total
-
-
-
-
Corporate
149 523
205 500
-
-
nationa
35 885
49 320
-
-
municipal
7 432
10 213
-
-
total
43 317
59 533
-
-
Dividends
106 206
145 967
-
-
withholding
27 614
37 951
-
-
total
27 614
37 951
-
-
Income
205 500
205 500
205 500
205 500
Total tax
99 726
97 484
117 057
108 460
After tax
105 774
108 016
88 443
97 040
Living cost
27 183
27 183
27 183
27 183
Free-cash
78 591
80 833
61 260
69 857

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111707
₽101083
₽90083
₽81291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
21 447
health
-
-
-
27 743
solidarity contribution
-
-
-
1 672
social contributions
-
-
-
34 775
total
-
-
-
85 637
Employee
43 794
-
161 217
-
social contributions
2 847
-
7 741
-
health
5 912
-
21 764
-
solidarity contribution
-
-
883
-
income
5 255
-
19 757
-
total
14 014
-
50 145
-
Employer
43 794
-
161 217
-
social contributions
10 949
-
29 774
-
health
3 941
-
14 510
-
total
14 890
-
44 284
-
Corporate
146 816
205 500
-
-
income
27 895
39 045
-
-
total
27 895
39 045
-
-
Dividends
118 921
166 455
-
-
withholding
17 838
24 968
-
-
total
17 838
24 968
-
-
Income
205 500
205 500
205 500
205 500
Total tax
74 637
64 013
94 429
85 637
After tax
130 863
141 487
111 071
119 863
Living cost
29 780
29 780
29 780
29 780
Free-cash
101 083
111 707
81 291
90 083

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81354
₽80853
₽73554
₽21958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
chamber of commerce
-
-
-
822
income
-
-
-
61 913
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
99 752
Employee
44 111
40 215
167 918
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
51 394
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
72 744
-
Employer
44 111
40 215
167 918
-
accident
573
523
1 532
-
other
2 095
1 909
7 551
-
chamber of commerce
176
161
672
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 038
-
health
1 668
1 520
4 456
-
total
12 694
11 573
37 581
-
Corporate
148 694
153 711
164 088
-
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.

37 174
38 428
41 023
-
total
37 174
38 428
41 023
-
Dividends
111 520
115 283
-
-
withholding
30 669
31 703
-
-
total
30 669
31 703
-
-
Income
205 500
205 500
205 500
205 500
Total tax
92 453
91 952
151 348
99 752
After tax
113 047
113 548
54 152
105 748
Living cost
32 194
32 194
32 194
32 194
Free-cash
80 853
81 354
21 958
73 554

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181076
₽178423
₽189296
₽150251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
205 500
microenterprise

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

-
-
-
2 055
total
-
-
-
2 055
Employee
17 686
-
205 500
-
income
3 537
-
41 100
-
total
3 537
-
41 100
-
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%.

187 814
205 500
-
-
total
-
-
-
-
Dividends
187 814
205 500
-
-
withholding
9 391
10 275
-
-
total
9 391
10 275
-
-
Income
205 500
205 500
205 500
205 500
Total tax
12 928
10 275
41 100
2 055
After tax
192 572
195 225
164 400
203 445
Living cost
14 149
14 149
14 149
14 149
Free-cash
178 423
181 076
150 251
189 296

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114420
₽105980
₽70611
₽66150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
income
-
-
-
49 764
pensions
-
-
-
37 530
unemployment
-
-
-
308
health
-
-
-
20 220
total
-
-
-
107 822
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.

44 623
-
177 813
-
health
2 882
-
11 486
-
income
7 695
-
45 302
-
pensions
6 917
-
27 560
-
unemployment
63
-
249
-
total
17 557
-
84 597
-
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.

44 623
-
177 813
-
unemployment
27
-
107
-
pensions
3 949
-
15 737
-
health
2 972
-
11 842
-
total
6 948
-
27 686
-
Corporate
153 929
205 500
-
-
income
29 246
39 045
-
-
total
29 246
39 045
-
-
Dividends
124 683
166 455
-
-
withholding
18 702
24 968
-
-
total
18 702
24 968
-
-
Income
205 500
205 500
205 500
205 500
Total tax
72 453
64 013
112 283
107 822
After tax
133 047
141 487
93 217
97 678
Living cost
27 067
27 067
27 067
27 067
Free-cash
105 980
114 420
66 150
70 611

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81461
₽33436
₽98452
₽148652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
40 056
social contributions
-
-
-
23 427
total
-
-
-
63 483
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
54 956
205 500
-
-
income
12 090
45 210
-
-
total
12 090
45 210
-
-
Dividends
42 866
160 290
-
-
income
9 431
35 264
-
-
total
9 431
35 264
-
-
Income
205 500
205 500
205 500
205 500
Total tax
128 499
80 474
13 283
63 483
After tax
77 001
125 026
192 217
142 017
Living cost
43 565
43 565
43 565
43 565
Free-cash
33 436
81 461
148 652
98 452

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85237
₽84219
₽76622
₽61040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
income
-
-
-
25 813
surtax
-
-
-
-
social contributions

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

-
-
-
71 412
total
-
-
-
97 225
Employee
46 411
-
166 061
-
social contributions
5 105
-
18 267
-
surtax
-
-
-
-
income
9 654
-
55 101
-
total
14 759
-
73 368
-
Employer
46 411
-
166 061
-
social contributions
11 023
-
39 439
-
total
11 023
-
39 439
-
Corporate
148 066
205 500
-
-
surtax
-
-
-
-
income
31 094
43 154
-
-
total
31 094
43 154
-
-
Dividends
116 972
162 346
-
-
withholding
32 752
45 456
-
-
total
32 752
45 456
-
-
Income
205 500
205 500
205 500
205 500
Total tax
89 628
88 610
112 807
97 225
After tax
115 872
116 890
92 693
108 275
Living cost
31 653
31 653
31 653
31 653
Free-cash
84 219
85 237
61 040
76 622

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54834
₽61769
₽65577
₽60923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
35 404
pensions
-
-
-
33 999
other
-
-
-
6 371
health
-
-
-
9 556
surtax
-
-
-
-
social contributions
-
-
-
5 854
total
-
-
-
91 184
Employee
63 203
-
157 689
-
social contributions
1 800
-
4 494
-
surtax
-
-
-
-
income
5 515
-
32 006
-
pensions
7 149
-
11 526
-
total
14 464
-
48 026
-
Employer
63 203
-
157 689
-
other
2 181
-
6 391
-
social contributions
190
-
473
-
unemployment
2 560
-
6 386
-
pensions
10 385
-
19 306
-
health
4 424
-
15 256
-
total
19 740
-
47 812
-
Corporate
122 557
205 500
-
-
surtax
-
-
-
-
income
34 317
57 540
-
-
total
34 317
57 540
-
-
Dividends
88 241
147 960
-
-
surtax
-
-
-
-
social contributions
15 176
25 448
-
-
withholding
11 295
18 939
-
-
total
26 471
44 387
-
-
Income
205 500
205 500
205 500
205 500
Total tax
94 992
101 927
95 838
91 184
After tax
110 508
103 573
109 662
114 316
Living cost
48 739
48 739
48 739
48 739
Free-cash
61 769
54 834
60 923
65 577

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154616
₽151227
₽120057
₽125515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
9 900
social contributions
-
-
-
45 209
total
-
-
-
55 109
Employee
32 442
-
177 922
-
income
-
-
10 508
-
social contributions
2 108
-
11 565
-
total
2 108
-
22 073
-
Employer
32 442
-
177 922
-
social contributions
5 029
-
27 578
-
total
5 029
-
27 578
-
Corporate
168 029
205 500
-
-
income
16 802
20 550
-
-
total
16 802
20 550
-
-
Dividends
151 227
184 950
-
-
total
-
-
-
-
Income
205 500
205 500
205 500
205 500
Total tax
23 939
20 550
49 651
55 109
After tax
181 561
184 950
155 849
150 391
Living cost
30 334
30 334
30 334
30 334
Free-cash
151 227
154 616
125 515
120 057

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽14458
-₽14458
₽70981
-₽14458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
43 628
pensions
-
-
-
875
national
-
-
-
25 026
labour market
-
-
-
16 370
total
-
-
-
85 899
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
205 500
205 500
205 500
205 500
Total tax
171 338
171 338
171 338
85 899
After tax
34 162
34 162
34 162
119 601
Living cost
48 620
48 620
48 620
48 620
Free-cash
-14 458
-14 458
-14 458
70 981

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5100
₽13310
₽118632
₽90888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
253
income
-
-
-
58 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 123
Employee
34 207
-
186 753
-
health
3 917
-
21 384
-
income
4 693
-
45 081
-
pensions
3 852
-
7 654
-
total
12 462
-
74 119
-
Employer
34 207
-
186 753
-
accident
571
-
3 119
-
unemployment
838
-
4 576
-
pensions
5 562
-
11 053
-
total
6 971
-
18 748
-
Corporate
164 322
205 500
-
-
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.

147 890
184 950
-
-
total
147 890
184 950
-
-
Dividends
16 432
20 550
-
-
withholding
3 122
3 905
-
-
total
3 122
3 905
-
-
Income
205 500
205 500
205 500
205 500
Total tax
170 445
188 855
92 867
65 123
After tax
35 055
16 645
112 633
140 377
Living cost
21 745
21 745
21 745
21 745
Free-cash
13 310
-5 100
90 888
118 632

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88303
₽91421
₽89770
₽66232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
205 500
municipal
-
-
-
36 496
health
-
-
-
2 744
national
-
-
-
37 747
total
-
-
-
76 987
Employee
53 092
-
172 878
-
health
396
-
2 241
-
municipal
8 696
-
28 148
-
pensions
3 583
-
11 670
-
unemployment
797
-
2 593
-
national
877
-
23 252
-
total
14 349
-
67 904
-
Employer
53 092
-
172 878
-
accident
54
-
172
-
unemployment
345
-
1 124
-
pensions
9 211
-
29 994
-
health
408
-
1 331
-
total
10 018
-
32 621
-
Corporate
142 391
205 500
-
-
income
28 478
41 099
-
-
total
28 478
41 099
-
-
Dividends

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

85 435
123 300
-
-
national
7 114
15 160
-
-
municipal
15 377
22 195
-
-
total
22 491
37 355
-
-
Income
205 500
205 500
205 500
205 500
Total tax
75 336
78 454
100 525
76 987
After tax
130 164
127 046
104 975
128 513
Living cost
38 743
38 743
38 743
38 743
Free-cash
91 421
88 303
66 232
89 770

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126461
₽120969
₽115708
₽113975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
44 862
health
-
-
-
5 239
social contributions
-
-
-
16 327
total
-
-
-
66 428
Employee
77 596
77 596
193 238
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 284
-
income
8 449
7 183
43 930
-
total
11 984
14 942
55 900
-
Employer
77 596
77 596
193 238
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 575
-
total
3 587
7 876
12 261
-
Corporate
166 565
120 027
-
-
income
20 820
15 004
-
-
total
20 820
15 004
-
-
Dividends
145 746
105 024
-
-
withholding
24 776
17 853
-
-
total
24 776
17 853
-
-
Income
205 500
205 500
205 500
205 500
Total tax
61 167
55 675
68 161
66 428
After tax
144 333
149 825
137 339
139 072
Living cost
23 364
23 364
23 364
23 364
Free-cash
120 969
126 461
113 975
115 708

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154152
₽149019
₽158240
₽138001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
205 500
income
-
-
-
21 138
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
31 238
Employee

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

23 163
-
195 638
-
health
1 969
-
8 139
-
income
1 584
-
18 635
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
41 615
-
Employer

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

23 163
-
195 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
179 953
205 500
-
-
income
16 195
18 495
-
-
total
16 195
18 495
-
-
Dividends
163 758
187 005
-
-
withholding
14 738
16 831
-
-
total
14 738
16 831
-
-
Income
205 500
205 500
205 500
205 500
Total tax
40 459
35 326
51 477
31 238
After tax
165 041
170 174
154 023
174 262
Living cost
16 022
16 022
16 022
16 022
Free-cash
149 019
154 152
138 001
158 240

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108894
₽104438
₽87265
₽83030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
843
income
-
-
-
62 424
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 485
Employee
37 313
-
175 682
-
other
36
-
94
-
income
7 194
-
58 960
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
64 901
-
Employer
37 313
-
175 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
156 291
205 500
-
-
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.

23 443
30 826
-
-
total
23 443
30 826
-
-
Dividends
132 848
174 674
-
-
withholding
28 411
38 030
-
-
total
28 411
38 030
-
-
Income
205 500
205 500
205 500
205 500
Total tax
73 312
68 856
94 720
90 485
After tax
132 188
136 644
110 780
115 015
Living cost
27 750
27 750
27 750
27 750
Free-cash
104 438
108 894
83 030
87 265

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125476
₽125022
₽129200
₽129003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
70 076
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
73 544
Employee
4 198
-
203 238
-
health
210
-
503
-
income
812
-
69 970
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
71 479
-
Employer
4 198
-
203 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
200 358
205 500
-
-
income
44 079
45 210
-
-
total
44 079
45 210
-
-
Dividends
156 279
160 290
-
-
withholding
31 256
32 058
-
-
total
31 256
32 058
-
-
Income
205 500
205 500
205 500
205 500
Total tax
77 722
77 268
73 741
73 544
After tax
127 778
128 232
131 759
131 956
Living cost
2 756
2 756
2 756
2 756
Free-cash
125 022
125 476
129 003
129 200

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131021
₽126056
₽112695
₽112696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
income
-
-
-
47 159
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
75 352
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.

26 319
-
192 149
-
health
1 355
-
3 841
-
income
3 628
-
47 159
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
62 001
-
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.

26 319
-
192 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
174 470
205 500
-
-
income
26 171
30 825
-
-
total
26 171
30 825
-
-
Dividends
148 300
174 675
-
-
withholding
22 245
26 201
-
-
total
22 245
26 201
-
-
Income
205 500
205 500
205 500
205 500
Total tax
61 991
57 026
75 351
75 352
After tax
143 509
148 474
130 149
130 148
Living cost
17 453
17 453
17 453
17 453
Free-cash
126 056
131 021
112 696
112 695

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89685
₽89320
₽81070
₽65488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
income
-
-
-
25 813
surtax
-
-
-
-
social contributions

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

-
-
-
71 412
total
-
-
-
97 225
Employee
39 166
-
166 061
-
social contributions
4 309
-
18 267
-
surtax
-
-
-
-
income
7 653
-
55 101
-
total
11 962
-
73 368
-
Employer
39 166
-
166 061
-
social contributions
9 301
-
39 439
-
total
9 301
-
39 439
-
Corporate
157 033
205 500
-
-
surtax
-
-
-
-
income
32 976
43 154
-
-
total
32 976
43 154
-
-
Dividends
124 057
162 346
-
-
withholding
34 736
45 456
-
-
total
34 736
45 456
-
-
Income
205 500
205 500
205 500
205 500
Total tax
88 975
88 610
112 807
97 225
After tax
116 525
116 890
92 693
108 275
Living cost
27 205
27 205
27 205
27 205
Free-cash
89 320
89 685
65 488
81 070

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101179
₽94576
₽79550
₽75315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
843
income
-
-
-
62 424
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 485
Employee
48 736
-
175 682
-
other
48
-
94
-
income
10 179
-
58 960
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
64 901
-
Employer
48 736
-
175 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
141 226
205 500
-
-
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.

21 184
30 826
-
-
total
21 184
30 826
-
-
Dividends
120 043
174 674
-
-
withholding
25 465
38 030
-
-
total
25 465
38 030
-
-
Income
205 500
205 500
205 500
205 500
Total tax
75 459
68 856
94 720
90 485
After tax
130 041
136 644
110 780
115 015
Living cost
35 465
35 465
35 465
35 465
Free-cash
94 576
101 179
75 315
79 550

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158332
₽152178
₽147887
₽156243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
30 825
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 242
Employee
23 001
-
198 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
24 965
-
Employer
23 001
-
198 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
177 986
205 500
-
-
income
17 798
20 550
-
-
total
17 798
20 550
-
-
Dividends
160 188
184 950
-
-
withholding
8 010
9 247
-
-
total
8 010
9 247
-
-
Income
205 500
205 500
205 500
205 500
Total tax
35 951
29 797
31 886
40 242
After tax
169 549
175 703
173 614
165 258
Living cost
17 371
17 371
17 371
17 371
Free-cash
152 178
158 332
156 243
147 887

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66755
₽79954
₽66629
₽89385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
trade
-
-
-
22 756
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.

-
-
-
66 599
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.

-
-
-
6 894
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.

-
-
-
3 663
total
-
-
-
99 912
Employee

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

50 210
-
205 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
3 663
-
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.

4 129
-
66 599
-
total
11 251
-
77 156
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 290
205 500
-
-
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.

1 281
1 695
-
-
income
23 294
30 826
-
-
trade
22 285
29 489
-
-
chamber of commerce
381
454
-
-
total
47 241
62 464
-
-
Dividends
108 049
143 037
-
-
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.

1 465
1 946
-
-
withholding
26 630
35 376
-
-
total
28 095
37 322
-
-
Income
205 500
205 500
205 500
205 500
Total tax
86 587
99 786
77 156
99 912
After tax
118 913
105 714
128 344
105 588
Living cost
38 959
38 959
38 959
38 959
Free-cash
79 954
66 755
89 385
66 629

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86366
₽88594
₽47568
₽47568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
income
-
-
-
65 521
social contributions
-
-
-
34 927
total
-
-
-
100 448
Employee
78 935
-
205 500
-
income
14 895
-
65 521
-
social contributions
6 558
-
34 927
-
total
21 453
-
100 448
-
Employer
78 935
-
205 500
-
total
-
-
-
-
Corporate
126 565
205 500
-
-
income
15 820
25 688
-
-
total
15 820
25 688
-
-
Dividends
110 745
179 812
-
-
withholding
22 149
35 962
-
-
total
22 149
35 962
-
-
Income
205 500
205 500
205 500
205 500
Total tax
59 422
61 650
100 448
100 448
After tax
146 078
143 850
105 052
105 052
Living cost
57 484
57 484
57 484
57 484
Free-cash
88 594
86 366
47 568
47 568

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91613
₽95139
₽131302
₽107790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
income
-
-
-
30 826
health

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

-
-
-
6 741
total
-
-
-
37 567
Employee
46 292
-
200 858
-
income
5 023
-
51 795
-
social contributions
4 638
-
4 642
-
total
9 661
-
56 437
-
Employer
46 292
-
200 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
154 570
205 500
-
-
income
54 100
71 925
-
-
total
54 100
71 925
-
-
Dividends
100 469
133 575
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
205 500
205 500
205 500
205 500
Total tax
73 730
77 256
61 079
37 567
After tax
131 770
128 244
144 421
167 933
Living cost
36 631
36 631
36 631
36 631
Free-cash
95 139
91 613
107 790
131 302

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93979
₽99974
₽96622
₽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
-
-
-
205 500
income
-
-
-
61 612
pensions
-
-
-
9 653
total
-
-
-
71 265
Employee
51 629
-
179 265
-
health
673
-
2 494
-
income
9 402
-
49 314
-
pensions
3 941
-
11 675
-
total
14 016
-
63 483
-
Employer
51 629
-
179 265
-
pensions
5 216
-
22 829
-
health
981
-
3 405
-
total
6 197
-
26 234
-
Corporate
147 674
205 500
-
-
income

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

28 059
39 044
-
-
total
28 059
39 044
-
-
Dividends
119 615
166 456
-
-
withholding
19 641
34 864
-
-
total
19 641
34 864
-
-
Income
205 500
205 500
205 500
205 500
Total tax
67 913
73 908
89 717
71 265
After tax
137 587
131 592
115 783
134 235
Living cost
37 613
37 613
37 613
37 613
Free-cash
99 974
93 979
78 170
96 622

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7253
₽12980
₽116479
₽88735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
accident
-
-
-
253
income
-
-
-
58 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 123
Employee
37 593
-
186 753
-
health
4 304
-
21 384
-
income
5 157
-
45 081
-
pensions
4 233
-
7 654
-
total
13 694
-
74 119
-
Employer
37 593
-
186 753
-
accident
628
-
3 119
-
unemployment
921
-
4 576
-
pensions
6 112
-
11 053
-
total
7 661
-
18 748
-
Corporate
160 246
205 500
-
-
income

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

144 222
184 950
-
-
total
144 222
184 950
-
-
Dividends
16 024
20 550
-
-
withholding
3 045
3 905
-
-
total
3 045
3 905
-
-
Income
205 500
205 500
205 500
205 500
Total tax
168 622
188 855
92 867
65 123
After tax
36 878
16 645
112 633
140 377
Living cost
23 898
23 898
23 898
23 898
Free-cash
12 980
-7 253
88 735
116 479

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143576
₽154575
₽113186
₽135378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
205 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
34 301
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
78 683
Employee

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

21 810
-
205 500
-
work injury
109
-
403
-
income
2 181
-
34 301
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
56 491
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 690
205 500
-
-
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%.

1 837
20 550
-
-
total
1 837
20 550
-
-
Dividends
181 853
184 950
-
-
withholding
27 278
27 743
-
-
total
27 278
27 743
-
-
Income
205 500
205 500
205 500
205 500
Total tax
37 294
48 293
56 491
78 683
After tax
168 206
157 207
149 009
126 817
Living cost
13 631
13 631
13 631
13 631
Free-cash
154 575
143 576
135 378
113 186

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68043
₽63453
₽55006
₽46624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
205 500
municipal
-
-
-
1 394
regional
-
-
-
4 825
national
-
-
-
53 568
social contributions
-
-
-
50 506
total
-
-
-
110 293
Employee
85 034
-
205 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 306
-
municipal
507
-
1 254
-
national
14 370
-
46 900
-
total
44 834
-
118 675
-
Employer
85 034
-
205 500
-
total
-
-
-
-
Corporate
120 466
205 500
-
-
nationa
28 912
49 320
-
-
municipal
5 806
9 904
-
-
total
34 718
59 224
-
-
Dividends
85 747
146 275
-
-
withholding
22 294
38 032
-
-
total
22 294
38 032
-
-
Income
205 500
205 500
205 500
205 500
Total tax
101 846
97 256
118 675
110 293
After tax
103 654
108 244
86 825
95 207
Living cost
40 201
40 201
40 201
40 201
Free-cash
63 453
68 043
46 624
55 006

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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