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
₽ 2063500
per

Your estimated
City
free-cash

Dresden , Germany
₽135804
₽107387
-₽435636
₽135804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
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.

-
-
-
99 604
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
5 497
total
-
-
-
440 529
Employee

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

1 877 941
-
2 063 500
-
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.

335 428
-
335 428
-
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.

52 457
-
99 604
-
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.

2 888
-
5 497
-
total
390 773
-
440 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 559
2 063 500
-
-
trade
29 257
324 993
-
-
income
27 859
309 526
-
-
chamber of commerce
7 733
10 436
-
-
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.

1 491
17 051
-
-
total
66 340
662 006
-
-
Dividends
119 219
1 401 495
-
-
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.

652
18 262
-
-
withholding
11 181
331 701
-
-
total
11 833
349 963
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
468 946
1 011 969
440 529
440 529
After tax
1 594 554
1 051 531
1 622 971
1 622 971
Living cost
1 487 167
1 487 167
1 487 167
1 487 167
Free-cash
107 387
-435 636
135 804
135 804

Estimated living cost  is ₽1487167 per year

₽935472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽173398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽350523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1192313
-₽2245673
-₽1260879
-₽1208507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
pensions
-
-
-
247 620
municipal
-
-
-
177 951
social contributions
-
-
-
22 183
national
-
-
-
275 750
total
-
-
-
723 504
Employee
3 950 651
-
1 783 877
-
national
756 152
-
288 129
-
municipal
487 970
-
185 939
-
pensions
158 026
-
71 355
-
total
1 402 148
-
545 423
-
Employer
3 950 651
-
1 783 877
-
pensions
316 052
-
142 710
-
social contributions
42 470
-
19 177
-
total
358 522
-
161 887
-
Corporate
-
2 063 500
-
-
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%.

-
412 700
-
-
total
-
412 700
-
-
Dividends
-
1 650 800
-
-
withholding
-
363 176
-
-
total
-
363 176
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 760 670
775 876
707 310
723 504
After tax
302 830
1 287 624
1 356 190
1 339 996
Living cost
2 548 503
2 548 503
2 548 503
2 548 503
Free-cash
-2 245 673
-1 260 879
-1 192 313
-1 208 507

Estimated living cost  is ₽2548503 per year

₽1732190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽236903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38144
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽541266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162559
₽226570
₽629363
₽577930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
-
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.

-
-
-
154 577
microenterprise
-
-
-
309 526
surtax
-
-
-
-
total
-
-
-
464 103
Employee
1 434 696
-
1 662 943
-
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.

157 838
-
182 902
-
income
255 391
-
296 015
-
surtax
-
-
-
-
total
413 229
-
478 917
-
Employer
1 434 696
-
1 662 943
-
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.

345 584
-
400 557
-
surtax
-
-
-
-
total
345 584
-
400 557
-
Corporate
283 220
2 063 500
-
-
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%.

56 650
412 670
-
-
total
56 650
412 670
-
-
Dividends

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

226 570
1 650 830
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
815 463
412 670
879 474
464 103
After tax
1 248 037
1 650 830
1 184 026
1 599 397
Living cost
1 021 467
1 021 467
1 021 467
1 021 467
Free-cash
226 570
629 363
162 559
577 930

Estimated living cost  is ₽1021467 per year

₽651663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽97274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽249335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2812114
-₽2812114
-₽2536503
-₽869497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
188 078
pensions
-
-
-
371 394
health
-
-
-
316 700
total
-
-
-
876 172
Employee
4 192 853
4 192 853
4 192 853
-
health
643 556
547 400
643 556
-
income

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

686 303
686 303
686 303
-
pensions
754 714
575 259
754 714
-
total
2 084 573
1 808 962
2 084 573
-
Employer
4 192 853
4 192 853
4 192 853
-
pensions
291 823
291 823
291 823
-
unemployment
150 943
150 943
150 943
-
health
291 450
291 450
291 450
-
total
734 216
734 216
734 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 818 789
2 543 178
2 818 789
876 172
After tax
-755 289
-479 678
-755 289
1 187 328
Living cost
2 056 825
2 056 825
2 056 825
2 056 825
Free-cash
-2 812 114
-2 536 503
-2 812 114
-869 497

Estimated living cost  is ₽2056825 per year

₽1457622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽185417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽32704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽381084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽918922
-₽1720792
-₽894190
-₽992229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
239 780
pensions
-
-
-
223 068
unemployment
-
-
-
2 062
accident
-
-
-
4 125
municipal
-
-
-
437 069
health
-
-
-
128 762
national
-
-
-
-
total
-
-
-
1 034 866
Employee
2 879 542
-
1 570 168
-
national
-
-
-
-
municipal
858 679
-
468 226
-
total
858 679
-
468 226
-
Employer
2 879 542
-
1 570 168
-
other
334 607
-
182 452
-
accident
5 761
-
3 136
-
pensions
311 273
-
169 728
-
unemployment
76 018
-
41 452
-
health
177 091
-
96 565
-
total
904 750
-
493 333
-
Corporate
-
2 063 500
-
-
income
-
453 968
-
-
total
-
453 968
-
-
Dividends
-
1 609 532
-
-
withholding
-
482 859
-
-
total
-
482 859
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 763 429
936 827
961 559
1 034 866
After tax
300 071
1 126 673
1 101 941
1 028 634
Living cost
2 020 863
2 020 863
2 020 863
2 020 863
Free-cash
-1 720 792
-894 190
-918 922
-992 229

Estimated living cost  is ₽2020863 per year

₽1339347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽198303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽30688
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽452528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽305840
-₽426408
-₽887902
-₽305840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
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.

-
-
-
99 604
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
5 497
total
-
-
-
440 529
Employee

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

2 489 908
-
2 063 500
-
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.

335 428
-
335 428
-
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.

213 929
-
99 604
-
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.

11 740
-
5 497
-
total
561 097
-
440 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
trade
-
339 435
-
-
income
-
309 526
-
-
chamber of commerce
-
10 342
-
-
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.

-
17 051
-
-
total
-
676 354
-
-
Dividends
-
1 387 146
-
-
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.

-
18 076
-
-
withholding
-
328 161
-
-
total
-
346 237
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
561 097
1 022 591
440 529
440 529
After tax
1 502 403
1 040 909
1 622 971
1 622 971
Living cost
1 928 811
1 928 811
1 928 811
1 928 811
Free-cash
-426 408
-887 902
-305 840
-305 840

Estimated living cost  is ₽1928811 per year

₽1290001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽203400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28791
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽406614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽313087
-₽370857
-₽639292
₽96414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
-
social contributions
-
-
-
321 918
health
-
-
-
52 644
total
-
-
-
374 562
Employee
3 775 476
3 775 476
3 775 476
-
social contributions
183 461
313 346
155 508
-
health
37 549
64 197
31 866
-
income
396 458
349 498
406 520
-
total
617 468
727 041
593 894
-
Employer
3 775 476
3 775 476
3 775 476
-
social contributions
183 461
313 346
155 508
-
health
40 904
69 881
34 661
-
total
224 365
383 227
190 169
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
841 833
1 110 268
784 063
374 562
After tax
1 221 667
953 232
1 279 437
1 688 938
Living cost
1 592 524
1 592 524
1 592 524
1 592 524
Free-cash
-370 857
-639 292
-313 087
96 414

Estimated living cost  is ₽1592524 per year

₽1088651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽124388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽352759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽326432
₽320850
₽302732
₽559697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
252 263
pensions
-
-
-
206 350
unemployment
-
-
-
30 953
health
-
-
-
144 445
total
-
-
-
634 011
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.

1 255 564
499 696
1 726 778
-
health
87 889
34 979
120 875
-
unemployment
18 833
7 495
25 902
-
income
153 493
61 088
211 099
-
pensions
125 556
49 970
172 678
-
total
385 771
153 532
530 554
-
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.

1 255 564
499 696
1 726 778
-
pensions
244 835
97 441
336 722
-
total
244 835
97 441
336 722
-
Corporate
563 101
1 466 363
-
-
income
50 679
131 973
-
-
total
50 679
131 973
-
-
Dividends
512 422
1 334 391
-
-
withholding
97 360
253 534
-
-
social contributions
94 213
254 496
-
-
total
191 573
508 030
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
872 858
890 976
867 276
634 011
After tax
1 190 642
1 172 524
1 196 224
1 429 489
Living cost
869 792
869 792
869 792
869 792
Free-cash
320 850
302 732
326 432
559 697

Estimated living cost  is ₽869792 per year

₽593557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽71166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽17379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽187690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99198
₽159855
₽464909
₽27455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
169 205
pensions
-
-
-
412 670
health
-
-
-
268 249
total
-
-
-
850 124
Employee
1 392 862
-
1 542 282
-
unemployment
22 269
-
24 691
-
income
156 813
-
201 630
-
pensions
27 859
-
30 841
-
total
206 941
-
257 162
-
Employer
1 392 862
-
1 542 282
-
pensions
278 592
-
308 408
-
unemployment
11 181
-
12 299
-
health
181 038
-
200 512
-
total
470 811
-
521 219
-
Corporate
199 828
2 063 500
-
-
income
39 972
412 670
-
-
total
39 972
412 670
-
-
Dividends
159 856
1 650 830
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
717 724
412 670
778 381
850 124
After tax
1 345 776
1 650 830
1 285 119
1 213 376
Living cost
1 185 921
1 185 921
1 185 921
1 185 921
Free-cash
159 855
464 909
99 198
27 455

Estimated living cost  is ₽1185921 per year

₽813413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽70626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23853
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽278033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1603
-₽3089
-₽924202
₽321726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
18 384
income
-
-
-
304 946
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
650 442
Employee
1 716 722
-
1 714 157
-
health
196 564
-
196 258
-
income
235 519
-
235 169
-
pensions
193 307
-
193 001
-
total
625 390
-
624 428
-
Employer
1 716 722
-
1 714 157
-
accident
28 658
-
28 636
-
pensions
279 151
-
278 714
-
unemployment
42 058
-
41 993
-
total
349 867
-
349 343
-
Corporate
-
2 063 500
-
-
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.

-
1 857 153
-
-
total
-
1 857 153
-
-
Dividends
-
206 347
-
-
withholding
-
39 217
-
-
total
-
39 217
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
975 257
1 896 370
973 771
650 442
After tax
1 088 243
167 130
1 089 729
1 413 058
Living cost
1 091 332
1 091 332
1 091 332
1 091 332
Free-cash
-3 089
-924 202
-1 603
321 726

Estimated living cost  is ₽1091332 per year

₽799854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽60465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽22778
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽208259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1244618
₽1477982
₽1554138
₽1636682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
2 063 500
microenterprise

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

-
-
-
20 629
total
-
-
-
20 629
Employee
507 720
-
2 063 500
-
income
101 531
-
412 693
-
total
101 531
-
412 693
-
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%.

1 555 780
2 063 500
-
-
total
-
-
-
-
Dividends
1 555 780
2 063 500
-
-
withholding
77 798
103 173
-
-
total
77 798
103 173
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
179 329
103 173
412 693
20 629
After tax
1 884 171
1 960 327
1 650 807
2 042 871
Living cost
406 189
406 189
406 189
406 189
Free-cash
1 477 982
1 554 138
1 244 618
1 636 682

Estimated living cost  is ₽406189 per year

₽251724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽33764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽11165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽109532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽98918
-₽168521
₽207718
-₽190883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
98 020
income
-
-
-
262 100
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.

-
-
-
495 223
health
-
-
-
90 752
total
-
-
-
946 095
Employee
1 782 733
-
1 648 128
-
health
24 971
-
23 107
-
unemployment
17 796
-
16 492
-
income
306 917
-
283 716
-
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.

124 761
-
115 443
-
total
474 445
-
438 758
-
Employer
1 782 733
-
1 648 128
-
other
89 168
-
82 366
-
accident
14 256
-
13 231
-
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.

303 097
-
280 176
-
unemployment
17 796
-
16 492
-
health
24 971
-
23 107
-
total
449 288
-
415 372
-
Corporate
-
2 063 500
-
-
income
-
433 355
-
-
total
-
433 355
-
-
Dividends
-
1 630 145
-
-
withholding
-
114 139
-
-
total
-
114 139
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
923 733
547 494
854 130
946 095
After tax
1 139 767
1 516 006
1 209 370
1 117 405
Living cost
1 308 288
1 308 288
1 308 288
1 308 288
Free-cash
-168 521
207 718
-98 918
-190 883

Estimated living cost  is ₽1308288 per year

₽924384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽88329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽21057
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽274492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1945188
-₽3295658
-₽1785141
-₽1762434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
392 164
pensions
-
-
-
102 566
total
-
-
-
494 730
Employee
4 713 157
-
1 864 621
-
health
77 665
-
19 307
-
income
849 597
-
346 530
-
pensions
454 691
-
112 877
-
total
1 381 953
-
478 714
-
Employer
4 713 157
-
1 864 621
-
pensions
556 489
-
163 338
-
health
89 512
-
35 432
-
total
646 001
-
198 770
-
Corporate
-
2 063 500
-
-
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.

-
392 054
-
-
total
-
392 054
-
-
Dividends
-
1 671 446
-
-
withholding
-
125 383
-
-
total
-
125 383
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 027 954
517 437
677 484
494 730
After tax
35 546
1 546 063
1 386 016
1 568 770
Living cost
3 331 204
3 331 204
3 331 204
3 331 204
Free-cash
-3 295 658
-1 785 141
-1 945 188
-1 762 434

Estimated living cost  is ₽3331204 per year

₽2496137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27095
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽416626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽661522
₽891946
₽1120175
₽651702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
309 503
pensions

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

-
-
-
253 971
unemployment
-
-
-
6 864
health
-
-
-
197 342
total
-
-
-
767 680
Employee
852 900
-
1 726 827
-
accident

We are using the highest rate at 1.1%.

9 390
-
18 876
-
health
39 230
-
78 937
-
income
85 277
-
172 698
-
pensions

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

74 885
-
150 676
-
total
208 782
-
421 187
-
Employer
852 900
-
1 726 827
-
accident

We are using the highest rate at 1.1%.

9 390
-
18 876
-
pensions

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

94 000
-
189 096
-
unemployment
5 100
-
10 296
-
health
58 869
-
118 405
-
total
167 359
-
336 673
-
Corporate
1 043 240
2 063 500
-
-
income
104 343
206 351
-
-
total
104 343
206 351
-
-
Dividends
938 897
1 857 149
-
-
withholding
46 952
92 856
-
-
total
46 952
92 856
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
527 436
299 207
757 860
767 680
After tax
1 536 064
1 764 293
1 305 640
1 295 820
Living cost
644 118
644 118
644 118
644 118
Free-cash
891 946
1 120 175
661 522
651 702

Estimated living cost  is ₽644118 per year

₽376046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽45999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽17065
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽205017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3477899
-₽3285585
-₽3202288
-₽1535282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
188 078
pensions
-
-
-
371 394
health
-
-
-
316 700
total
-
-
-
876 172
Employee
4 552 092
4 192 853
4 192 853
-
health
567 899
547 400
643 556
-
income

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

686 303
686 303
686 303
-
pensions
575 259
575 259
754 714
-
total
1 829 461
1 808 962
2 084 573
-
Employer
4 552 092
4 192 853
4 192 853
-
pensions
316 793
291 823
291 823
-
unemployment
163 894
150 943
150 943
-
health
316 327
291 450
291 450
-
total
797 014
734 216
734 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 626 475
2 543 178
2 818 789
876 172
After tax
-562 975
-479 678
-755 289
1 187 328
Living cost
2 722 610
2 722 610
2 722 610
2 722 610
Free-cash
-3 285 585
-3 202 288
-3 477 899
-1 535 282

Estimated living cost  is ₽2722610 per year

₽2008377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽243185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽31213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽439877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽144038
-₽283850
₽229528
-₽186165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
177 358
social contributions
-
-
-
602 541
health
-
-
-
278 574
solidarity contribution
-
-
-
-
total
-
-
-
1 058 473
Employee
1 751 755
-
1 539 926
-
social contributions
113 864
-
100 094
-
solidarity contribution
-
-
-
-
health
236 488
-
207 888
-
income
210 211
-
184 790
-
total
560 563
-
492 772
-
Employer
1 751 755
-
1 539 926
-
social contributions
437 939
-
384 981
-
health
157 656
-
138 593
-
total
595 595
-
523 574
-
Corporate
-
2 063 500
-
-
income
-
392 065
-
-
total
-
392 065
-
-
Dividends
-
1 671 435
-
-
withholding
-
250 715
-
-
total
-
250 715
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 156 158
642 780
1 016 346
1 058 473
After tax
907 342
1 420 720
1 047 154
1 005 027
Living cost
1 191 192
1 191 192
1 191 192
1 191 192
Free-cash
-283 850
229 528
-144 038
-186 165

Estimated living cost  is ₽1191192 per year

₽827416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽84741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽255614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1046449
-₽2300103
-₽970886
-₽928630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
regional
-
-
-
19 334
municipal
-
-
-
12 299
social contributions
-
-
-
530 722
national
-
-
-
357 976
total
-
-
-
920 331
Employee
4 363 612
-
2 063 500
-
social contributions
1 471 412
-
695 827
-
national
756 111
-
314 557
-
regional
41 174
-
16 865
-
municipal
23 107
-
10 901
-
total
2 291 804
-
1 038 150
-
Employer
4 363 612
-
2 063 500
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
nationa
-
495 223
-
-
municipal
-
80 503
-
-
total
-
575 726
-
-
Dividends
-
1 487 775
-
-
withholding
-
386 861
-
-
total
-
386 861
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 291 804
962 587
1 038 150
920 331
After tax
-228 304
1 100 913
1 025 350
1 143 169
Living cost
2 071 799
2 071 799
2 071 799
2 071 799
Free-cash
-2 300 103
-970 886
-1 046 449
-928 630

Estimated living cost  is ₽2071799 per year

₽1444205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽31773
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽459909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52873
₽61631
₽214530
₽102814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
-
income
-
-
-
298 624
pensions
-
-
-
412 670
unemployment
-
-
-
11 181
health
-
-
-
146 470
surtax
-
-
-
8 293
total
-
-
-
877 238
Employee
1 623 674
-
1 704 592
-
health
41 463
-
43 419
-
unemployment
113 021
-
118 611
-
other
-
-
-
-
income
272 163
-
285 766
-
surtax
5 311
-
6 802
-
pensions
108 269
-
113 673
-
total
540 227
-
568 271
-
Employer
1 623 674
-
1 704 592
-
other
-
-
-
-
pensions
216 444
-
227 253
-
unemployment
51 432
-
54 041
-
health
73 887
-
77 614
-
total
341 763
-
358 908
-
Corporate
98 062
2 063 500
-
-
income
25 530
536 499
-
-
total
25 530
536 499
-
-
Dividends
72 532
1 527 001
-
-
withholding
10 901
229 023
-
-
total
10 901
229 023
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
918 421
765 522
927 179
877 238
After tax
1 145 079
1 297 978
1 136 321
1 186 262
Living cost
1 083 448
1 083 448
1 083 448
1 083 448
Free-cash
61 631
214 530
52 873
102 814

Estimated living cost  is ₽1083448 per year

₽662471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽99976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24971
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽296015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽889779
-₽1497056
-₽729732
-₽707025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
392 164
pensions
-
-
-
102 566
total
-
-
-
494 730
Employee
3 158 630
-
1 864 621
-
health
45 853
-
19 307
-
income
568 884
-
346 530
-
pensions
268 097
-
112 877
-
total
882 834
-
478 714
-
Employer
3 158 630
-
1 864 621
-
pensions
341 923
-
163 338
-
health
60 004
-
35 432
-
total
401 927
-
198 770
-
Corporate
-
2 063 500
-
-
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.

-
392 054
-
-
total
-
392 054
-
-
Dividends
-
1 671 446
-
-
withholding
-
125 383
-
-
total
-
125 383
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 284 761
517 437
677 484
494 730
After tax
778 739
1 546 063
1 386 016
1 568 770
Living cost
2 275 795
2 275 795
2 275 795
2 275 795
Free-cash
-1 497 056
-729 732
-889 779
-707 025

Estimated living cost  is ₽2275795 per year

₽1705008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽170578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23804
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽376368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2237870
-₽2885053
-₽2917214
-₽2097757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other

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

-
-
-
41 250
pensions
-
-
-
189 792
regional
-
-
-
32 227
city
-
-
-
21 617
health
-
-
-
12 593
national
-
-
-
2 975
total
-
-
-
300 454
Employee
4 518 133
-
1 827 500
-
national
21 386
-
1 487
-
health
10 213
-
4 066
-
regional
147 946
-
24 592
-
city
48 489
-
19 336
-
unemployment
-
-
-
-
pensions
379 584
-
175 215
-
total
607 618
-
224 696
-
Employer
4 518 133
-
1 827 500
-
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.

90 335
-
36 590
-
pensions
379 584
-
175 215
-
unemployment
-
-
-
-
health
10 213
-
4 066
-
total
480 132
-
215 871
-
Corporate
-
2 063 500
-
-
regional
-
436 402
-
-
national
-
175 414
-
-
total
-
611 816
-
-
Dividends
-
1 451 684
-
-
withholding
-
508 095
-
-
total
-
508 095
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 087 750
1 119 911
440 567
300 454
After tax
975 750
943 589
1 622 933
1 763 046
Living cost
3 860 803
3 860 803
3 860 803
3 860 803
Free-cash
-2 885 053
-2 917 214
-2 237 870
-2 097 757

Estimated living cost  is ₽3860803 per year

₽2510627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽346464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽47398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽956297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽626277
-₽887259
-₽1218961
-₽626277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
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.

-
-
-
99 604
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
5 497
total
-
-
-
440 529
Employee

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

2 950 759
-
2 063 500
-
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.

335 428
-
335 428
-
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.

346 982
-
99 604
-
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.

19 101
-
5 497
-
total
701 511
-
440 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
trade
-
353 877
-
-
income
-
309 526
-
-
chamber of commerce
-
10 342
-
-
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.

-
17 051
-
-
total
-
690 796
-
-
Dividends
-
1 372 704
-
-
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.

-
17 890
-
-
withholding
-
324 527
-
-
total
-
342 417
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
701 511
1 033 213
440 529
440 529
After tax
1 361 989
1 030 287
1 622 971
1 622 971
Living cost
2 249 248
2 249 248
2 249 248
2 249 248
Free-cash
-887 259
-1 218 961
-626 277
-626 277

Estimated living cost  is ₽2249248 per year

₽1642760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽179920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽29257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽397389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽390061
-₽694089
-₽639861
-₽426212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
64 011
income
-
-
-
54 600
pensions
-
-
-
614 579
health
-
-
-
17 890
social contributions
-
-
-
58 793
surtax
-
-
-
-
total
-
-
-
809 873
Employee
2 101 360
-
1 572 284
-
social contributions
59 911
-
44 817
-
income
124 015
-
60 098
-
surtax
-
-
-
-
pensions
237 595
-
177 777
-
total
421 521
-
282 692
-
Employer
2 101 360
-
1 572 284
-
other
72 490
-
54 228
-
pensions
345 212
-
258 373
-
unemployment
85 068
-
63 638
-
social contributions
6 336
-
4 752
-
health
147 123
-
110 039
-
total
656 229
-
491 030
-
Corporate
-
2 063 500
-
-
income
-
577 775
-
-
surtax
-
-
-
-
total
-
577 775
-
-
Dividends
-
1 485 725
-
-
surtax
-
-
-
-
withholding
-
190 169
-
-
social contributions
-
255 578
-
-
total
-
445 747
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 077 750
1 023 522
773 722
809 873
After tax
985 750
1 039 978
1 289 778
1 253 627
Living cost
1 679 839
1 679 839
1 679 839
1 679 839
Free-cash
-694 089
-639 861
-390 061
-426 212

Estimated living cost  is ₽1679839 per year

₽1059208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽455530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽223627
-₽398047
-₽473427
-₽259778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
64 011
income
-
-
-
54 600
pensions
-
-
-
614 579
health
-
-
-
17 890
social contributions
-
-
-
58 793
surtax
-
-
-
-
total
-
-
-
809 873
Employee
1 875 761
-
1 572 284
-
social contributions
53 482
-
44 817
-
income
96 715
-
60 098
-
surtax
-
-
-
-
pensions
212 158
-
177 777
-
total
362 355
-
282 692
-
Employer
1 875 761
-
1 572 284
-
other
64 756
-
54 228
-
pensions
308 221
-
258 373
-
unemployment
75 937
-
63 638
-
social contributions
5 590
-
4 752
-
health
131 283
-
110 039
-
total
585 787
-
491 030
-
Corporate
-
2 063 500
-
-
income
-
577 775
-
-
surtax
-
-
-
-
total
-
577 775
-
-
Dividends
-
1 485 725
-
-
surtax
-
-
-
-
withholding
-
190 169
-
-
social contributions
-
255 578
-
-
total
-
445 747
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
948 142
1 023 522
773 722
809 873
After tax
1 115 358
1 039 978
1 289 778
1 253 627
Living cost
1 513 405
1 513 405
1 513 405
1 513 405
Free-cash
-398 047
-473 427
-223 627
-259 778

Estimated living cost  is ₽1513405 per year

₽877704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽453294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽224146
₽193027
₽217810
₽284057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
309 526
social contributions
-
-
-
284 741
health
-
-
-
144 048
total
-
-
-
738 315
Employee
1 664 745
-
2 063 500
-
social contributions
229 768
-
284 741
-
health
116 189
-
144 048
-
income
277 660
-
369 437
-
total
623 617
-
798 226
-
Employer
1 664 745
-
2 063 500
-
total
-
-
-
-
Corporate
398 755
2 063 500
-
-
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%.

19 939
103 144
-
-
total
19 939
103 144
-
-
Dividends
378 816
1 960 356
-
-
withholding
56 836
294 059
-
-
social contributions
85 627
270 486
-
-
health
43 326
136 873
-
-
total
185 789
701 418
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
829 345
804 562
798 226
738 315
After tax
1 234 155
1 258 938
1 265 274
1 325 185
Living cost
1 041 128
1 041 128
1 041 128
1 041 128
Free-cash
193 027
217 810
224 146
284 057

Estimated living cost  is ₽1041128 per year

₽696759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽64197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23946
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽256137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽950222
-₽1152599
-₽784653
-₽574731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
49 476
chamber of commerce
-
-
-
8 293
pensions
-
-
-
381 736
unemployment
-
-
-
301 140
health
-
-
-
157 838
surtax
-
-
-
9 690
total
-
-
-
908 173
Employee
2 453 744
1 956 665
1 956 665
-
health
94 945
75 751
60 843
-
unemployment
73 608
58 700
47 146
-
other
24 505
19 567
15 746
-
income
279 337
144 327
161 751
-
pensions
251 292
200 325
161 099
-
total
723 687
498 670
446 585
-
Employer
2 453 744
1 956 665
1 956 665
-
other
116 561
92 895
89 727
-
accident
31 866
25 437
20 405
-
pensions
307 942
245 608
197 437
-
unemployment
73 608
58 700
47 146
-
payroll
73 608
58 700
58 700
-
surtax
9 690
9 690
9 690
-
health
92 709
73 981
59 445
-
chamber of commerce
9 783
7 827
7 827
-
total
715 767
572 838
490 377
-
Corporate
186 349
186 349
1 386 774
-
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.

46 587
46 587
346 702
-
total
46 587
46 587
346 702
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 486 041
1 118 095
1 283 664
908 173
After tax
577 459
945 405
779 836
1 155 327
Living cost
1 730 058
1 730 058
1 730 058
1 730 058
Free-cash
-1 152 599
-784 653
-950 222
-574 731

Estimated living cost  is ₽1730058 per year

₽1153873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽400185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽854824
-₽2470936
-₽622586
-₽581543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
social contributions
-
-
-
168 180
national
-
-
-
572 977
communal

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

-
-
-
113 673
total
-
-
-
854 830
Employee

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

3 512 078
-
1 598 186
-
national
1 079 753
-
370 602
-
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.

165 012
-
75 099
-
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.

30 561
-
13 883
-
communal

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

183 181
-
83 391
-
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.

263 404
-
119 822
-
total
1 721 911
-
662 797
-
Employer

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

3 512 078
-
1 598 186
-
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.

45 656
-
20 778
-
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.

311 203
-
141 625
-
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.

51 246
-
23 294
-
surtax
398 228
-
181 318
-
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.

215 979
-
98 299
-
total
1 022 312
-
465 314
-
Corporate
-
2 063 500
-
-
income
-
412 670
-
-
surtax
-
8 293
-
-
total
-
420 963
-
-
Dividends
-
1 642 538
-
-
withholding

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

-
474 910
-
-
total
-
474 910
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 744 223
895 873
1 128 111
854 830
After tax
-680 723
1 167 627
935 389
1 208 670
Living cost
1 790 213
1 790 213
1 790 213
1 790 213
Free-cash
-2 470 936
-622 586
-854 824
-581 543

Estimated living cost  is ₽1790213 per year

₽1153128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽156533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28046
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽452549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽623293
-₽1159604
-₽376333
-₽617329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
2 050
income
-
-
-
288 701
pensions
-
-
-
583 925
unemployment
-
-
-
14 442
accident
-
-
-
18 542
total
-
-
-
907 660
Employee
2 444 025
-
1 540 791
-
unemployment
37 922
-
25 437
-
other
2 423
-
1 677
-
income
515 674
-
286 745
-
pensions
114 884
-
77 055
-
total
670 903
-
390 914
-
Employer
2 444 025
-
1 540 791
-
other
19 473
-
13 138
-
accident
48 358
-
32 425
-
pensions
576 750
-
386 954
-
unemployment
134 451
-
90 193
-
total
779 032
-
522 710
-
Corporate
-
2 063 500
-
-
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.

-
309 526
-
-
total
-
309 526
-
-
Dividends
-
1 753 974
-
-
withholding
-
357 138
-
-
total
-
357 138
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 449 935
666 664
913 624
907 660
After tax
613 565
1 396 836
1 149 876
1 155 840
Living cost
1 773 169
1 773 169
1 773 169
1 773 169
Free-cash
-1 159 604
-376 333
-623 293
-617 329

Estimated living cost  is ₽1773169 per year

₽1305748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽125786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽316048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1318564
-₽2098934
-₽1369888
-₽1318470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
39 148
pensions
-
-
-
373 816
accident
-
-
-
21 057
health
-
-
-
175 168
surtax
-
-
-
104 542
communal
-
-
-
-
total
-
-
-
713 731
Employee
3 718 223
-
1 784 256
-
health
165 478
-
103 983
-
income
359 143
-
39 148
-
surtax
227 905
-
104 542
-
pensions
297 413
-
186 908
-
total
1 049 939
-
434 581
-
Employer
3 718 223
-
1 784 256
-
accident
33 450
-
21 057
-
pensions
297 413
-
186 908
-
health
113 393
-
71 279
-
total
444 256
-
279 244
-
Corporate
-
2 063 500
-
-
income
-
309 526
-
-
communal
-
139 296
-
-
surtax
-
21 710
-
-
total
-
470 532
-
-
Dividends
-
1 592 969
-
-
income
-
55 718
-
-
withholding
-
238 899
-
-
total
-
294 617
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 494 195
765 149
713 825
713 731
After tax
569 305
1 298 351
1 349 675
1 349 769
Living cost
2 668 239
2 668 239
2 668 239
2 668 239
Free-cash
-2 098 934
-1 369 888
-1 318 564
-1 318 470

Estimated living cost  is ₽2668239 per year

₽2001575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽161658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽476681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33503
₽38906
₽195160
₽83444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
-
income
-
-
-
298 624
pensions
-
-
-
412 670
unemployment
-
-
-
11 181
health
-
-
-
146 470
surtax
-
-
-
8 293
total
-
-
-
877 238
Employee
1 653 479
-
1 704 592
-
health
42 208
-
43 419
-
unemployment
115 071
-
118 611
-
other
-
-
-
-
income
277 194
-
285 766
-
surtax
5 870
-
6 802
-
pensions
110 319
-
113 673
-
total
550 662
-
568 271
-
Employer
1 653 479
-
1 704 592
-
other
-
-
-
-
pensions
220 451
-
227 253
-
unemployment
52 457
-
54 041
-
health
75 192
-
77 614
-
total
348 100
-
358 908
-
Corporate
61 921
2 063 500
-
-
income
16 119
536 499
-
-
total
16 119
536 499
-
-
Dividends
45 801
1 527 001
-
-
withholding
6 895
229 023
-
-
total
6 895
229 023
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
921 776
765 522
927 179
877 238
After tax
1 141 724
1 297 978
1 136 321
1 186 262
Living cost
1 102 818
1 102 818
1 102 818
1 102 818
Free-cash
38 906
195 160
33 503
83 444

Estimated living cost  is ₽1102818 per year

₽665825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽95877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽315582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽308170
-₽660137
-₽238011
-₽191190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
regional
-
-
-
31 074
municipal
-
-
-
12 299
social contributions
-
-
-
530 722
national
-
-
-
357 976
total
-
-
-
932 071
Employee
2 723 591
-
2 063 500
-
social contributions
918 421
-
695 827
-
national
431 491
-
314 557
-
regional
36 664
-
27 766
-
municipal
14 442
-
10 901
-
total
1 401 018
-
1 049 051
-
Employer
2 723 591
-
2 063 500
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
nationa
-
495 223
-
-
municipal
-
102 585
-
-
total
-
597 808
-
-
Dividends
-
1 465 692
-
-
withholding
-
381 084
-
-
total
-
381 084
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 401 018
978 892
1 049 051
932 071
After tax
662 482
1 084 608
1 014 449
1 131 429
Living cost
1 322 619
1 322 619
1 322 619
1 322 619
Free-cash
-660 137
-238 011
-308 170
-191 190

Estimated living cost  is ₽1322619 per year

₽822545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽22641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽343441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽420709
-₽829050
-₽47143
-₽462836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
177 358
social contributions
-
-
-
602 541
health
-
-
-
278 574
solidarity contribution
-
-
-
-
total
-
-
-
1 058 473
Employee
2 158 619
-
1 539 926
-
social contributions
140 310
-
100 094
-
solidarity contribution
-
-
-
-
health
291 414
-
207 888
-
income
259 033
-
184 790
-
total
690 757
-
492 772
-
Employer
2 158 619
-
1 539 926
-
social contributions
539 656
-
384 981
-
health
194 274
-
138 593
-
total
733 930
-
523 574
-
Corporate
-
2 063 500
-
-
income
-
392 065
-
-
total
-
392 065
-
-
Dividends
-
1 671 435
-
-
withholding
-
250 715
-
-
total
-
250 715
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 424 687
642 780
1 016 346
1 058 473
After tax
638 813
1 420 720
1 047 154
1 005 027
Living cost
1 467 863
1 467 863
1 467 863
1 467 863
Free-cash
-829 050
-47 143
-420 709
-462 836

Estimated living cost  is ₽1467863 per year

₽1091595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽81315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽269557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽781847
-₽746999
-₽611337
-₽401415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
49 476
chamber of commerce
-
-
-
8 293
pensions
-
-
-
381 736
unemployment
-
-
-
301 140
health
-
-
-
157 838
surtax
-
-
-
-
total
-
-
-
898 483
Employee
2 146 257
1 956 665
1 956 665
-
health
83 018
75 751
61 216
-
unemployment
64 384
58 700
47 426
-
other
21 430
19 567
15 840
-
income
191 194
144 327
161 378
-
pensions
219 799
200 325
161 937
-
total
579 825
498 670
447 797
-
Employer
2 146 257
1 956 665
1 956 665
-
other
101 933
92 895
89 727
-
accident
27 859
25 437
20 592
-
pensions
269 368
245 608
198 462
-
unemployment
64 384
58 700
47 426
-
payroll
64 384
58 700
58 700
-
surtax
-
-
-
-
health
81 155
73 981
59 725
-
chamber of commerce
8 572
7 827
7 827
-
total
617 655
563 148
482 459
-
Corporate
186 349
186 349
1 394 693
-
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.

46 587
46 587
348 659
-
total
46 587
46 587
348 659
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 244 067
1 108 405
1 278 915
898 483
After tax
819 433
955 095
784 585
1 165 017
Living cost
1 566 432
1 566 432
1 566 432
1 566 432
Free-cash
-746 999
-611 337
-781 847
-401 415

Estimated living cost  is ₽1566432 per year

₽939665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27952
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽438852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1017835
₽1208657
₽1327355
₽1409899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
2 063 500
microenterprise

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

-
-
-
20 629
total
-
-
-
20 629
Employee
791 225
-
2 063 500
-
income
158 253
-
412 693
-
total
158 253
-
412 693
-
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%.

1 272 275
2 063 500
-
-
total
-
-
-
-
Dividends
1 272 275
2 063 500
-
-
withholding
63 618
103 173
-
-
total
63 618
103 173
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
221 871
103 173
412 693
20 629
After tax
1 841 629
1 960 327
1 650 807
2 042 871
Living cost
632 972
632 972
632 972
632 972
Free-cash
1 208 657
1 327 355
1 017 835
1 409 899

Estimated living cost  is ₽632972 per year

₽428337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽26570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽21226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽156820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽219330
-₽445744
₽103745
-₽153921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
317 484
pensions
-
-
-
376 891
unemployment
-
-
-
3 075
health
-
-
-
203 027
total
-
-
-
900 477
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.

2 171 168
-
1 785 560
-
health
140 228
-
115 350
-
unemployment
3 075
-
2 516
-
income
374 414
-
293 352
-
pensions
336 546
-
276 728
-
total
854 263
-
687 946
-
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.

2 171 168
-
1 785 560
-
pensions
192 126
-
158 024
-
unemployment
1 304
-
1 025
-
health
144 607
-
118 891
-
total
338 037
-
277 940
-
Corporate
-
2 063 500
-
-
income
-
392 078
-
-
total
-
392 078
-
-
Dividends
-
1 671 422
-
-
withholding
-
250 733
-
-
total
-
250 733
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 192 300
642 811
965 886
900 477
After tax
871 200
1 420 689
1 097 614
1 163 023
Living cost
1 316 944
1 316 944
1 316 944
1 316 944
Free-cash
-445 744
103 745
-219 330
-153 921

Estimated living cost  is ₽1316944 per year

₽903793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽84416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽303283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽690066
-₽5228478
-₽854757
-₽684156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
402 221
social contributions
-
-
-
235 241
total
-
-
-
637 462
Employee
3 025 718
-
11 263
-
social contributions
248 110
-
35 358
-
income
667 413
-
-
-
total
915 523
-
35 358
-
Employer
3 025 718
-
11 263
-
social contributions
4 266 261
-
608 014
-
total
4 266 261
-
608 014
-
Corporate
-
2 063 500
-
-
income
-
453 967
-
-
total
-
453 967
-
-
Dividends
-
1 609 533
-
-
income
-
354 096
-
-
total
-
354 096
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
5 181 784
808 063
643 372
637 462
After tax
-3 118 284
1 255 437
1 420 128
1 426 038
Living cost
2 110 194
2 110 194
2 110 194
2 110 194
Free-cash
-5 228 478
-854 757
-690 066
-684 156

Estimated living cost  is ₽2110194 per year

₽1369176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽198463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26891
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽515655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽368001
-₽730997
-₽366392
-₽328488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
134 842
social contributions

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

-
-
-
717 071
surtax
-
-
-
-
total
-
-
-
851 913
Employee
2 258 171
-
1 667 508
-
social contributions
248 403
-
183 461
-
income
469 707
-
311 973
-
surtax
-
-
-
-
total
718 110
-
495 434
-
Employer
2 258 171
-
1 667 508
-
social contributions
536 312
-
395 992
-
total
536 312
-
395 992
-
Corporate
-
2 063 500
-
-
income
-
433 355
-
-
surtax
-
-
-
-
total
-
433 355
-
-
Dividends
-
1 630 145
-
-
withholding
-
456 462
-
-
total
-
456 462
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 254 422
889 817
891 426
851 913
After tax
809 078
1 173 683
1 172 074
1 211 587
Living cost
1 540 075
1 540 075
1 540 075
1 540 075
Free-cash
-730 997
-366 392
-368 001
-328 488

Estimated living cost  is ₽1540075 per year

₽1152289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽90845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25716
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽271231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1081636
-₽1972075
-₽1331436
-₽1117787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
64 011
income
-
-
-
54 600
pensions
-
-
-
614 579
health
-
-
-
17 890
social contributions
-
-
-
58 793
surtax
-
-
-
-
total
-
-
-
809 873
Employee
3 075 161
-
1 572 284
-
social contributions
87 584
-
44 817
-
income
268 315
-
60 098
-
surtax
-
-
-
-
pensions
347 820
-
177 777
-
total
703 719
-
282 692
-
Employer
3 075 161
-
1 572 284
-
other
106 126
-
54 228
-
pensions
505 285
-
258 373
-
unemployment
124 574
-
63 638
-
social contributions
9 224
-
4 752
-
health
215 233
-
110 039
-
total
960 442
-
491 030
-
Corporate
-
2 063 500
-
-
income
-
577 775
-
-
surtax
-
-
-
-
total
-
577 775
-
-
Dividends
-
1 485 725
-
-
surtax
-
-
-
-
withholding
-
190 169
-
-
social contributions
-
255 578
-
-
total
-
445 747
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 664 161
1 023 522
773 722
809 873
After tax
399 339
1 039 978
1 289 778
1 253 627
Living cost
2 371 414
2 371 414
2 371 414
2 371 414
Free-cash
-1 972 075
-1 331 436
-1 081 636
-1 117 787

Estimated living cost  is ₽2371414 per year

₽1604931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽193989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽32518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽539946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194595
₽216305
₽381223
₽133566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
social contributions
-
-
-
454 039
income
-
-
-
-
total
-
-
-
454 039
Employee
1 578 480
-
1 786 585
-
social contributions
102 585
-
116 095
-
income
-
-
-
-
total
102 585
-
116 095
-
Employer
1 578 480
-
1 786 585
-
social contributions
244 676
-
276 915
-
total
244 676
-
276 915
-
Corporate
240 344
2 063 500
-
-
income
24 039
206 382
-
-
total
24 039
206 382
-
-
Dividends
216 305
1 857 118
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
371 300
206 382
393 010
454 039
After tax
1 692 200
1 857 118
1 670 490
1 609 461
Living cost
1 475 895
1 475 895
1 475 895
1 475 895
Free-cash
216 305
381 223
194 595
133 566

Estimated living cost  is ₽1475895 per year

₽954293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽111250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽382575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8629099
-₽8629099
-₽8629099
-₽975480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
pensions
-
-
-
42 540
municipal
-
-
-
295 755
national
-
-
-
175 488
labour market
-
-
-
161 683
total
-
-
-
675 466
Employee
9 975 826
9 975 826
9 975 826
-
national
1 218 728
1 218 728
1 218 728
-
labour market
796 930
796 930
796 930
-
municipal
2 124 294
2 124 294
2 124 294
-
pensions
14 180
14 180
14 180
-
total
4 154 132
4 154 132
4 154 132
-
Employer
9 975 826
9 975 826
9 975 826
-
pensions
28 360
28 360
28 360
-
national
1 220 850
1 220 850
1 220 850
-
municipal
2 127 677
2 127 677
2 127 677
-
labour market
798 066
798 066
798 066
-
total
4 174 953
4 174 953
4 174 953
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
8 329 085
8 329 085
8 329 085
675 466
After tax
-6 265 585
-6 265 585
-6 265 585
1 388 034
Living cost
2 363 514
2 363 514
2 363 514
2 363 514
Free-cash
-8 629 099
-8 629 099
-8 629 099
-975 480

Estimated living cost  is ₽2363514 per year

₽1617614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽209078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽500464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14497
₽2211
-₽908102
₽337826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
18 384
income
-
-
-
304 946
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
650 442
Employee
1 691 419
-
1 714 157
-
health
193 679
-
196 258
-
income
232 043
-
235 169
-
pensions
190 465
-
193 001
-
total
616 187
-
624 428
-
Employer
1 691 419
-
1 714 157
-
accident
28 243
-
28 636
-
pensions
275 020
-
278 714
-
unemployment
41 446
-
41 993
-
total
344 709
-
349 343
-
Corporate
27 372
2 063 500
-
-
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.

24 636
1 857 153
-
-
total
24 636
1 857 153
-
-
Dividends
2 736
206 347
-
-
withholding
525
39 217
-
-
total
525
39 217
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
986 057
1 896 370
973 771
650 442
After tax
1 077 443
167 130
1 089 729
1 413 058
Living cost
1 075 232
1 075 232
1 075 232
1 075 232
Free-cash
2 211
-908 102
14 497
337 826

Estimated living cost  is ₽1075232 per year

₽782650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽61295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20177
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽211101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽584082
-₽1007093
-₽457084
-₽227036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
2 063 500
municipal
-
-
-
369 437
health
-
-
-
11 274
national
-
-
-
24 784
total
-
-
-
405 495
Employee
2 583 198
-
1 735 898
-
national
42 674
-
-
-
health
19 287
-
6 243
-
unemployment
38 761
-
25 996
-
municipal
423 105
-
285 580
-
pensions
174 330
-
117 214
-
total
698 157
-
435 033
-
Employer
2 583 198
-
1 735 898
-
accident
2 609
-
1 770
-
pensions
448 169
-
301 140
-
unemployment
16 771
-
11 274
-
health
19 846
-
13 324
-
total
487 395
-
327 508
-
Corporate
-
2 063 500
-
-
income
-
412 670
-
-
total
-
412 670
-
-
Dividends

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

-
1 238 123
-
-
municipal
-
222 873
-
-
national
-
-
-
-
total
-
222 873
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 185 552
635 543
762 541
405 495
After tax
877 948
1 427 957
1 300 959
1 658 005
Living cost
1 885 041
1 885 041
1 885 041
1 885 041
Free-cash
-1 007 093
-457 084
-584 082
-227 036

Estimated living cost  is ₽1885041 per year

₽1231301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽181318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽30002
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽442486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142660
₽122813
-₽183545
₽552161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
-
social contributions
-
-
-
321 918
health
-
-
-
52 644
total
-
-
-
374 562
Employee
3 775 476
3 775 476
3 775 476
-
social contributions
142 743
313 346
155 508
-
health
29 257
64 197
31 866
-
income
411 086
349 498
406 520
-
total
583 086
727 041
593 894
-
Employer
3 775 476
3 775 476
3 775 476
-
social contributions
142 743
313 346
155 508
-
health
31 773
69 881
34 661
-
total
174 516
383 227
190 169
-
Corporate
169 121
-
-
-
income
21 151
-
-
-
total
21 151
-
-
-
Dividends
147 970
-
-
-
withholding
25 157
-
-
-
total
25 157
-
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
803 910
1 110 268
784 063
374 562
After tax
1 259 590
953 232
1 279 437
1 688 938
Living cost
1 136 777
1 136 777
1 136 777
1 136 777
Free-cash
122 813
-183 545
142 660
552 161

Estimated living cost  is ₽1136777 per year

₽681292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽111530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25157
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽318843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽503334
₽679443
₽929242
₽636946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 063 500
income
-
-
-
155 609
pensions
-
-
-
312 321
unemployment
-
-
-
1 398
health
-
-
-
177 684
total
-
-
-
647 012
Employee

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

1 126 990
-
1 870 908
-
health
95 783
-
159 049
-
unemployment
5 590
-
9 317
-
income
77 055
-
139 024
-
pensions
169 019
-
280 642
-
total
347 447
-
588 032
-
Employer

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

1 126 990
-
1 870 908
-
pensions
61 961
-
102 865
-
unemployment
5 590
-
9 317
-
health
48 451
-
80 410
-
total
116 002
-
192 592
-
Corporate
820 508
2 063 500
-
-
income
73 887
185 697
-
-
total
73 887
185 697
-
-
Dividends
746 621
1 877 803
-
-
withholding
67 179
169 019
-
-
total
67 179
169 019
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
604 515
354 716
780 624
647 012
After tax
1 458 985
1 708 784
1 282 876
1 416 488
Living cost
779 542
779 542
779 542
779 542
Free-cash
679 443
929 242
503 334
636 946

Estimated living cost  is ₽779542 per year

₽497366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽56184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽202748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽200289
-₽330731
₽46671
-₽194325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
2 050
income
-
-
-
288 701
pensions
-
-
-
583 925
unemployment
-
-
-
14 442
accident
-
-
-
18 542
total
-
-
-
907 660
Employee
1 815 479
-
1 540 791
-
unemployment
28 139
-
25 437
-
other
1 770
-
1 677
-
income
350 010
-
286 745
-
pensions
85 348
-
77 055
-
total
465 267
-
390 914
-
Employer
1 815 479
-
1 540 791
-
other
14 535
-
13 138
-
accident
35 965
-
32 425
-
pensions
428 416
-
386 954
-
unemployment
99 883
-
90 193
-
total
578 799
-
522 710
-
Corporate
-
2 063 500
-
-
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.

-
309 526
-
-
total
-
309 526
-
-
Dividends
-
1 753 974
-
-
withholding
-
357 138
-
-
total
-
357 138
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 044 066
666 664
913 624
907 660
After tax
1 019 434
1 396 836
1 149 876
1 155 840
Living cost
1 350 165
1 350 165
1 350 165
1 350 165
Free-cash
-330 731
46 671
-200 289
-194 325

Estimated living cost  is ₽1350165 per year

₽911340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽285394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1164569
₽1163565
₽1181070
₽1172148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
650 726
pensions
-
-
-
77 723
health
-
-
-
56 349
total
-
-
-
784 798
Employee
162 293
-
1 976 062
-
health
8 115
-
19 431
-
unemployment
1 623
-
3 887
-
income
31 395
-
646 645
-
pensions
14 606
-
34 976
-
total
55 739
-
704 939
-
Employer
162 293
-
1 976 062
-
pensions
17 853
-
42 748
-
unemployment
3 247
-
7 772
-
health
15 419
-
36 918
-
total
36 519
-
87 438
-
Corporate
1 864 689
2 063 500
-
-
income
410 231
453 970
-
-
total
410 231
453 970
-
-
Dividends
1 454 458
1 609 530
-
-
withholding
290 892
321 906
-
-
total
290 892
321 906
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
793 381
775 876
792 377
784 798
After tax
1 270 119
1 287 624
1 271 123
1 278 702
Living cost
106 554
106 554
106 554
106 554
Free-cash
1 163 565
1 181 070
1 164 569
1 172 148

Estimated living cost  is ₽106554 per year

₽63322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽32154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽281970
₽399818
₽641471
₽193151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
240 938
pensions
-
-
-
536 510
unemployment
-
-
-
30 953
health
-
-
-
212 541
total
-
-
-
1 020 942
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.

1 280 850
-
1 750 212
-
health
65 963
-
90 136
-
unemployment
9 606
-
13 126
-
income
176 555
-
270 544
-
pensions
179 319
-
245 030
-
total
431 443
-
618 836
-
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.

1 280 850
-
1 750 212
-
pensions
153 702
-
210 025
-
unemployment
9 606
-
13 126
-
health
65 963
-
90 136
-
total
229 271
-
313 287
-
Corporate
553 378
2 063 500
-
-
income
83 006
309 525
-
-
total
83 006
309 525
-
-
Dividends
470 372
1 753 975
-
-
withholding
70 555
263 097
-
-
total
70 555
263 097
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
814 275
572 622
932 123
1 020 942
After tax
1 249 225
1 490 878
1 131 377
1 042 558
Living cost
849 407
849 407
849 407
849 407
Free-cash
399 818
641 471
281 970
193 151

Estimated living cost  is ₽849407 per year

₽571907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽65703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽187218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽151599
-₽294715
-₽149990
-₽112086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
134 842
social contributions

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

-
-
-
717 071
surtax
-
-
-
-
total
-
-
-
851 913
Employee
1 905 641
-
1 667 508
-
social contributions
209 643
-
183 461
-
income
372 350
-
311 973
-
surtax
-
-
-
-
total
581 993
-
495 434
-
Employer
1 905 641
-
1 667 508
-
social contributions
452 549
-
395 992
-
total
452 549
-
395 992
-
Corporate
-
2 063 500
-
-
income
-
433 355
-
-
surtax
-
-
-
-
total
-
433 355
-
-
Dividends
-
1 630 145
-
-
withholding
-
456 462
-
-
total
-
456 462
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 034 542
889 817
891 426
851 913
After tax
1 028 958
1 173 683
1 172 074
1 211 587
Living cost
1 323 673
1 323 673
1 323 673
1 323 673
Free-cash
-294 715
-149 990
-151 599
-112 086

Estimated living cost  is ₽1323673 per year

₽937522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽91963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽270765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽575679
-₽1063819
-₽328719
-₽569715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
2 050
income
-
-
-
288 701
pensions
-
-
-
583 925
unemployment
-
-
-
14 442
accident
-
-
-
18 542
total
-
-
-
907 660
Employee
2 371 254
-
1 540 791
-
unemployment
36 711
-
25 437
-
other
2 329
-
1 677
-
income
495 269
-
286 745
-
pensions
111 437
-
77 055
-
total
645 746
-
390 914
-
Employer
2 371 254
-
1 540 791
-
other
19 008
-
13 138
-
accident
46 960
-
32 425
-
pensions
559 606
-
386 954
-
unemployment
130 444
-
90 193
-
total
756 018
-
522 710
-
Corporate
-
2 063 500
-
-
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.

-
309 526
-
-
total
-
309 526
-
-
Dividends
-
1 753 974
-
-
withholding
-
357 138
-
-
total
-
357 138
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 401 764
666 664
913 624
907 660
After tax
661 736
1 396 836
1 149 876
1 155 840
Living cost
1 725 555
1 725 555
1 725 555
1 725 555
Free-cash
-1 063 819
-328 719
-575 679
-569 715

Estimated living cost  is ₽1725555 per year

₽1239221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽134171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽327881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽460537
₽619792
₽919190
₽450717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
309 503
pensions

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

-
-
-
253 971
unemployment
-
-
-
6 864
health
-
-
-
197 342
total
-
-
-
767 680
Employee
1 119 046
-
1 726 827
-
accident

We are using the highest rate at 1.1%.

12 298
-
18 876
-
health
51 481
-
78 937
-
income
111 923
-
172 698
-
pensions

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

98 242
-
150 676
-
total
273 944
-
421 187
-
Employer
1 119 046
-
1 726 827
-
accident

We are using the highest rate at 1.1%.

12 298
-
18 876
-
pensions

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

123 315
-
189 096
-
unemployment
6 721
-
10 296
-
health
77 221
-
118 405
-
total
219 555
-
336 673
-
Corporate
724 899
2 063 500
-
-
income
72 502
206 351
-
-
total
72 502
206 351
-
-
Dividends
652 397
1 857 149
-
-
withholding
32 604
92 856
-
-
total
32 604
92 856
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
598 605
299 207
757 860
767 680
After tax
1 464 895
1 764 293
1 305 640
1 295 820
Living cost
845 103
845 103
845 103
845 103
Free-cash
619 792
919 190
460 537
450 717

Estimated living cost  is ₽845103 per year

₽558945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽48382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20163
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽217648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽272607
-₽379478
-₽822804
-₽272607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
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.

-
-
-
99 604
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
5 497
total
-
-
-
440 529
Employee

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

2 442 978
-
2 063 500
-
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.

335 428
-
335 428
-
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.

200 884
-
99 604
-
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.

11 088
-
5 497
-
total
547 400
-
440 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
trade
-
296 109
-
-
income
-
309 526
-
-
chamber of commerce
-
10 436
-
-
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.

-
17 051
-
-
total
-
633 122
-
-
Dividends
-
1 430 379
-
-
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.

-
18 635
-
-
withholding
-
338 969
-
-
total
-
357 604
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
547 400
990 726
440 529
440 529
After tax
1 516 100
1 072 774
1 622 971
1 622 971
Living cost
1 895 578
1 895 578
1 895 578
1 895 578
Free-cash
-379 478
-822 804
-272 607
-272 607

Estimated living cost  is ₽1895578 per year

₽1307611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽203959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽356486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1115935
-₽1777179
-₽1352443
-₽1115935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
social contributions
-
-
-
123 611
income
-
-
-
258 932
total
-
-
-
382 543
Employee
3 840 633
-
2 063 500
-
social contributions
319 076
-
123 611
-
income
724 711
-
258 932
-
total
1 043 787
-
382 543
-
Employer
3 840 633
-
2 063 500
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
income
-
257 907
-
-
total
-
257 907
-
-
Dividends
-
1 805 593
-
-
withholding
-
361 144
-
-
total
-
361 144
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 043 787
619 051
382 543
382 543
After tax
1 019 713
1 444 449
1 680 957
1 680 957
Living cost
2 796 892
2 796 892
2 796 892
2 796 892
Free-cash
-1 777 179
-1 352 443
-1 115 935
-1 115 935

Estimated living cost  is ₽2796892 per year

₽2127826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽227905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽414440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽254278
-₽561103
-₽642164
-₽1424084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
health

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

-
-
-
307 662
income
-
-
-
1 397 618
total
-
-
-
1 705 280
Employee
2 252 369
-
1 875 567
-
social contributions
225 669
-
187 933
-
income
244 397
-
159 608
-
total
470 066
-
347 541
-
Employer
2 252 369
-
1 875 567
-
social contributions
225 669
-
187 933
-
total
225 669
-
187 933
-
Corporate
-
2 063 500
-
-
income
-
722 196
-
-
total
-
722 196
-
-
Dividends
-
1 341 304
-
-
social contributions
146 564
201 164
-
-
total
146 564
201 164
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
842 299
923 360
535 474
1 705 280
After tax
1 221 201
1 140 140
1 528 026
358 220
Living cost
1 782 304
1 782 304
1 782 304
1 782 304
Free-cash
-561 103
-642 164
-254 278
-1 424 084

Estimated living cost  is ₽1782304 per year

₽1173999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽440436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽464127
-₽780928
-₽304080
-₽281373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
income
-
-
-
392 164
pensions
-
-
-
102 566
total
-
-
-
494 730
Employee
2 539 584
-
1 864 621
-
health
33 128
-
19 307
-
income
462 479
-
346 530
-
pensions
193 833
-
112 877
-
total
689 440
-
478 714
-
Employer
2 539 584
-
1 864 621
-
pensions
256 579
-
163 338
-
health
48 266
-
35 432
-
total
304 845
-
198 770
-
Corporate
-
2 063 500
-
-
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.

-
392 054
-
-
total
-
392 054
-
-
Dividends
-
1 671 446
-
-
withholding
-
125 383
-
-
total
-
125 383
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
994 285
517 437
677 484
494 730
After tax
1 069 215
1 546 063
1 386 016
1 568 770
Living cost
1 850 143
1 850 143
1 850 143
1 850 143
Free-cash
-780 928
-304 080
-464 127
-281 373

Estimated living cost  is ₽1850143 per year

₽1269185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽170139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23146
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽387557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽91961
-₽174155
-₽1014560
₽231368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
other
-
-
-
18 384
income
-
-
-
304 946
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
650 442
Employee
1 858 845
-
1 714 157
-
health
212 828
-
196 258
-
income
255 018
-
235 169
-
pensions
209 309
-
193 001
-
total
677 155
-
624 428
-
Employer
1 858 845
-
1 714 157
-
accident
31 041
-
28 636
-
pensions
302 235
-
278 714
-
unemployment
45 534
-
41 993
-
total
378 810
-
349 343
-
Corporate
-
2 063 500
-
-
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.

-
1 857 153
-
-
total
-
1 857 153
-
-
Dividends
-
206 347
-
-
withholding
-
39 217
-
-
total
-
39 217
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
1 055 965
1 896 370
973 771
650 442
After tax
1 007 535
167 130
1 089 729
1 413 058
Living cost
1 181 690
1 181 690
1 181 690
1 181 690
Free-cash
-174 155
-1 014 560
-91 961
231 368

Estimated living cost  is ₽1181690 per year

₽867226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽68859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23805
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽221791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽592228
₽852049
₽1090792
₽592228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 063 500
income
-
-
-
240 629
pensions
-
-
-
379 684
unemployment
-
-
-
24 761
health insurance
-
-
-
152 698
work injury
-
-
-
10 317
total
-
-
-
808 089
Employee

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

1 061 091
-
2 063 500
-
unemployment
12 733
-
24 761
-
health insurance
78 520
-
152 698
-
income
106 109
-
240 629
-
work injury
5 305
-
10 317
-
pensions
195 240
-
379 684
-
total
397 907
-
808 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 002 409
2 063 500
-
-
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%.

-
-
-
-
total
-
-
-
-
Dividends
1 002 409
2 063 500
-
-
withholding
150 361
309 525
-
-
total
150 361
309 525
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
548 268
309 525
808 089
808 089
After tax
1 515 232
1 753 975
1 255 411
1 255 411
Living cost
663 183
663 183
663 183
663 183
Free-cash
852 049
1 090 792
592 228
592 228

Estimated living cost  is ₽663183 per year

₽410852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽48191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20689
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽183450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽938834
-₽2073924
-₽869047
-₽822879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
2 063 500
regional
-
-
-
27 906
municipal
-
-
-
13 790
social contributions
-
-
-
530 722
national
-
-
-
357 976
total
-
-
-
930 394
Employee
4 137 387
-
2 063 500
-
social contributions
1 395 102
-
695 827
-
national
699 182
-
314 557
-
regional
62 464
-
23 666
-
municipal
24 691
-
12 299
-
total
2 181 439
-
1 046 349
-
Employer
4 137 387
-
2 063 500
-
total
-
-
-
-
Corporate
-
2 063 500
-
-
nationa
-
495 223
-
-
municipal
-
99 417
-
-
total
-
594 640
-
-
Dividends
-
1 468 860
-
-
withholding
-
381 922
-
-
total
-
381 922
-
-
Income
2 063 500
2 063 500
2 063 500
2 063 500
Total tax
2 181 439
976 562
1 046 349
930 394
After tax
-117 939
1 086 938
1 017 151
1 133 106
Living cost
1 955 985
1 955 985
1 955 985
1 955 985
Free-cash
-2 073 924
-869 047
-938 834
-822 879

Estimated living cost  is ₽1955985 per year

₽1373951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽134544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽29536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽417888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close