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
₽ 206500
per

Your estimated
City
free-cash

Dresden , Germany
₽73537
₽84700
₽73200
₽98334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
trade
-
-
-
25 134
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.

-
-
-
67 018
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 687
total
-
-
-
102 733
Employee

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

38 599
-
206 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 687
-
income

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

1 078
-
67 018
-
total
8 031
-
77 599
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 901
206 500
-
-
surtax

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

1 385
1 704
-
-
income
25 185
30 975
-
-
trade
26 444
32 524
-
-
chamber of commerce
395
450
-
-
total
53 409
65 653
-
-
Dividends
114 493
140 847
-
-
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.

1 553
1 915
-
-
withholding
28 240
34 828
-
-
total
29 793
36 743
-
-
Income
206 500
206 500
206 500
206 500
Total tax
91 233
102 396
77 599
102 733
After tax
115 267
104 104
128 901
103 767
Living cost
30 567
30 567
30 567
30 567
Free-cash
84 700
73 537
98 334
73 200

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77862
₽77014
₽68075
₽69185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
22 830
pensions
-
-
-
24 780
national
-
-
-
37 601
social contributions
-
-
-
2 220
total
-
-
-
87 431
Employee
79 050
-
178 517
-
municipal
9 764
-
23 629
-
pensions
3 162
-
7 141
-
national
15 130
-
39 351
-
total
28 056
-
70 121
-
Employer
79 050
-
178 517
-
social contributions
850
-
1 919
-
pensions
6 324
-
14 281
-
total
7 174
-
16 200
-
Corporate
115 059
206 500
-
-
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%.

23 012
41 300
-
-
total
23 012
41 300
-
-
Dividends
92 047
165 200
-
-
withholding
20 250
36 344
-
-
total
20 250
36 344
-
-
Income
206 500
206 500
206 500
206 500
Total tax
78 492
77 644
86 321
87 431
After tax
128 008
128 856
120 179
119 069
Living cost
50 994
50 994
50 994
50 994
Free-cash
77 014
77 862
69 185
68 075

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽144204
₽135928
₽52734
₽67707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
microenterprise
-
-
-
-
income
-
-
-
41 448
surtax
-
-
-
52 657
social contributions

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

-
-
-
38 666
total
-
-
-
132 771
Employee
29 488
-
159 935
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
23 190
-
income
5 249
-
34 814
-
total
8 493
-
71 233
-
Employer
29 488
-
159 935
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
17 592
-
total
7 103
-
46 565
-
Corporate
169 909
206 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

33 981
41 301
-
-
total
33 981
41 301
-
-
Dividends

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

135 927
165 199
-
-
total
-
-
-
-
Income
206 500
206 500
206 500
206 500
Total tax
49 577
41 301
117 798
132 771
After tax
156 923
165 199
88 702
73 729
Living cost
20 995
20 995
20 995
20 995
Free-cash
135 928
144 204
67 707
52 734

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽60389
₽54208
₽69729
₽89828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
70 227
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
94 495
Employee
86 179
86 179
187 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
31 374
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
55 642
-
Employer
86 179
86 179
187 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
106 287
105 230
-
-
income
21 257
21 047
-
-
total
21 257
21 047
-
-
Dividends
85 030
84 183
-
-
income
18 069
17 889
-
-
withholding
12 754
12 628
-
-
total
30 823
30 517
-
-
Income
206 500
206 500
206 500
206 500
Total tax
110 016
103 835
74 396
94 495
After tax
96 484
102 665
132 104
112 005
Living cost
42 276
42 276
42 276
42 276
Free-cash
54 208
60 389
89 828
69 729

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73759
₽72883
₽64926
₽63980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
54 196
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
23 632
total
-
-
-
102 584
Employee
55 558
-
179 651
-
municipal
16 567
-
53 572
-
national
-
-
23 109
-
total
16 567
-
76 681
-
Employer
55 558
-
179 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
133 486
206 500
-
-
income
29 367
45 430
-
-
total
29 367
45 430
-
-
Dividends
104 119
161 070
-
-
withholding
31 236
48 321
-
-
total
31 236
48 321
-
-
Income
206 500
206 500
206 500
206 500
Total tax
94 627
93 751
103 530
102 584
After tax
111 873
112 749
102 970
103 916
Living cost
38 990
38 990
38 990
38 990
Free-cash
72 883
73 759
63 980
64 926

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽63397
₽77578
₽63007
₽89257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
trade
-
-
-
26 250
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.

-
-
-
67 018
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 687
total
-
-
-
103 849
Employee

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

51 177
-
206 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 687
-
income

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

4 397
-
67 018
-
total
11 532
-
77 599
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 323
206 500
-
-
surtax

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

1 281
1 704
-
-
income
23 299
30 975
-
-
trade
25 551
33 970
-
-
chamber of commerce
373
446
-
-
total
50 504
67 095
-
-
Dividends
104 818
139 405
-
-
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.

1 421
1 896
-
-
withholding
25 821
34 468
-
-
total
27 242
36 364
-
-
Income
206 500
206 500
206 500
206 500
Total tax
89 278
103 459
77 599
103 849
After tax
117 222
103 041
128 901
102 651
Living cost
39 644
39 644
39 644
39 644
Free-cash
77 578
63 397
89 257
63 007

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽117821
₽113631
₽106972
₽105232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
45 202
health
-
-
-
5 266
social contributions
-
-
-
16 328
total
-
-
-
66 796
Employee
77 600
77 600
194 220
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 302
-
income
8 149
7 183
44 267
-
total
12 692
14 942
56 256
-
Employer
77 600
77 600
194 220
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 593
-
total
4 612
7 876
12 280
-
Corporate
156 465
121 023
-
-
income
19 559
15 127
-
-
total
19 559
15 127
-
-
Dividends
136 906
105 896
-
-
withholding
23 274
18 002
-
-
total
23 274
18 002
-
-
Income
206 500
206 500
206 500
206 500
Total tax
60 137
55 947
68 536
66 796
After tax
146 363
150 553
137 964
139 704
Living cost
32 732
32 732
32 732
32 732
Free-cash
113 631
117 821
105 232
106 972

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97605
₽97985
₽124716
₽101373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
25 245
pensions
-
-
-
20 650
unemployment
-
-
-
3 097
health
-
-
-
14 455
total
-
-
-
63 447
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
172 803
-
health
1 853
737
12 096
-
income
3 236
1 288
21 125
-
pensions
2 647
1 053
17 280
-
unemployment
397
158
2 592
-
total
8 133
3 236
53 093
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
172 803
-
pensions
5 162
2 054
33 697
-
total
5 162
2 054
33 697
-
Corporate
174 869
193 911
-
-
income
15 738
17 452
-
-
total
15 738
17 452
-
-
Dividends
159 131
176 459
-
-
social contributions
30 910
34 289
-
-
withholding
30 235
33 527
-
-
total
61 145
67 816
-
-
Income
206 500
206 500
206 500
206 500
Total tax
90 178
90 558
86 790
63 447
After tax
116 322
115 942
119 710
143 053
Living cost
18 337
18 337
18 337
18 337
Free-cash
97 985
97 605
101 373
124 716

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140824
₽134555
₽86309
₽94650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
27 671
pensions
-
-
-
41 299
health
-
-
-
26 846
total
-
-
-
95 816
Employee
28 629
-
154 333
-
income
3 223
-
29 755
-
pensions
573
-
3 087
-
unemployment
458
-
2 469
-
total
4 254
-
35 311
-
Employer
28 629
-
154 333
-
unemployment
230
-
1 235
-
pensions
5 726
-
30 867
-
health
3 721
-
20 062
-
total
9 677
-
52 164
-
Corporate
168 195
206 500
-
-
income
33 639
41 301
-
-
total
33 639
41 301
-
-
Dividends
134 556
165 199
-
-
total
-
-
-
-
Income
206 500
206 500
206 500
206 500
Total tax
47 570
41 301
87 475
95 816
After tax
158 930
165 199
119 025
110 684
Living cost
24 375
24 375
24 375
24 375
Free-cash
134 555
140 824
94 650
86 309

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5343
₽13340
₽118987
₽91144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
253
income
-
-
-
58 457
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 444
Employee
34 715
-
187 714
-
health
3 975
-
21 494
-
income
4 763
-
45 354
-
pensions
3 909
-
7 653
-
total
12 647
-
74 501
-
Employer
34 715
-
187 714
-
accident
580
-
3 135
-
unemployment
850
-
4 599
-
pensions
5 645
-
11 052
-
total
7 075
-
18 786
-
Corporate
164 710
206 500
-
-
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.

148 239
185 850
-
-
total
148 239
185 850
-
-
Dividends
16 471
20 650
-
-
withholding
3 130
3 924
-
-
total
3 130
3 924
-
-
Income
206 500
206 500
206 500
206 500
Total tax
171 091
189 774
93 287
65 444
After tax
35 409
16 726
113 213
141 056
Living cost
22 069
22 069
22 069
22 069
Free-cash
13 340
-5 343
91 144
118 987

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187096
₽185395
₽195356
₽156121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
206 500
microenterprise

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

-
-
-
2 065
total
-
-
-
2 065
Employee
11 349
-
206 500
-
income
2 269
-
41 300
-
total
2 269
-
41 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

195 151
206 500
-
-
total
-
-
-
-
Dividends
195 151
206 500
-
-
withholding
9 757
10 325
-
-
total
9 757
10 325
-
-
Income
206 500
206 500
206 500
206 500
Total tax
12 026
10 325
41 300
2 065
After tax
194 474
196 175
165 200
204 435
Living cost
9 079
9 079
9 079
9 079
Free-cash
185 395
187 096
156 121
195 356

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽124825
₽118012
₽94101
₽92347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
34 636
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
85 509
Employee
36 642
-
167 714
-
health
513
-
2 149
-
income
6 308
-
34 052
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
48 477
-
Employer
36 642
-
167 714
-
accident
293
-
1 342
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 786
-
Corporate
160 624
206 500
-
-
income
33 730
43 365
-
-
total
33 730
43 365
-
-
Dividends
126 893
163 135
-
-
withholding
8 882
11 420
-
-
total
8 882
11 420
-
-
Income
206 500
206 500
206 500
206 500
Total tax
61 598
54 785
87 263
85 509
After tax
144 902
151 715
119 237
120 991
Living cost
26 890
26 890
26 890
26 890
Free-cash
118 012
124 825
92 347
94 101

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽64414
₽72568
₽67095
₽48561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
62 005
pensions
-
-
-
9 673
total
-
-
-
71 678
Employee
95 823
-
180 127
-
health
1 579
-
2 503
-
income
17 273
-
49 645
-
pensions
9 244
-
11 694
-
total
28 096
-
63 842
-
Employer
95 823
-
180 127
-
pensions
11 314
-
22 947
-
health
1 820
-
3 423
-
total
13 134
-
26 370
-
Corporate
97 543
206 500
-
-
income

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

18 533
39 234
-
-
total
18 533
39 234
-
-
Dividends
79 010
167 266
-
-
withholding
6 442
35 125
-
-
total
6 442
35 125
-
-
Income
206 500
206 500
206 500
206 500
Total tax
66 205
74 359
90 212
71 678
After tax
140 295
132 141
116 288
134 822
Living cost
67 727
67 727
67 727
67 727
Free-cash
72 568
64 414
48 561
67 095

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽163319
₽158628
₽152869
₽161275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
30 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 392
Employee
17 531
-
199 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
19 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
25 065
-
Employer
17 531
-
199 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
185 529
206 500
-
-
income
18 553
20 650
-
-
total
18 553
20 650
-
-
Dividends
166 976
185 850
-
-
withholding
8 349
9 292
-
-
total
8 349
9 292
-
-
Income
206 500
206 500
206 500
206 500
Total tax
34 633
29 942
31 986
40 392
After tax
171 867
176 558
174 514
166 108
Living cost
13 239
13 239
13 239
13 239
Free-cash
158 628
163 319
161 275
152 869

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽46705
₽49244
₽56045
₽76144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
70 227
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
94 495
Employee
93 563
86 179
187 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
31 374
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
55 642
-
Employer
93 563
86 179
187 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
96 556
105 230
-
-
income
19 312
21 047
-
-
total
19 312
21 047
-
-
Dividends
77 244
84 183
-
-
income
16 414
17 889
-
-
withholding
11 586
12 628
-
-
total
28 000
30 517
-
-
Income
206 500
206 500
206 500
206 500
Total tax
101 296
103 835
74 396
94 495
After tax
105 204
102 665
132 104
112 005
Living cost
55 960
55 960
55 960
55 960
Free-cash
49 244
46 705
76 144
56 045

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽118005
₽109383
₽96365
₽87518
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
21 576
health
-
-
-
27 878
solidarity contribution
-
-
-
1 732
social contributions
-
-
-
34 779
total
-
-
-
85 965
Employee
35 544
-
162 131
-
social contributions
2 310
-
7 742
-
health
4 798
-
21 888
-
solidarity contribution
-
-
938
-
income
4 265
-
19 875
-
total
11 373
-
50 443
-
Employer
35 544
-
162 131
-
social contributions
8 886
-
29 777
-
health
3 199
-
14 592
-
total
12 085
-
44 369
-
Corporate
158 871
206 500
-
-
income
30 186
39 235
-
-
total
30 186
39 235
-
-
Dividends
128 686
167 265
-
-
withholding
19 303
25 090
-
-
total
19 303
25 090
-
-
Income
206 500
206 500
206 500
206 500
Total tax
72 947
64 325
94 812
85 965
After tax
133 553
142 175
111 688
120 535
Living cost
24 170
24 170
24 170
24 170
Free-cash
109 383
118 005
87 518
96 365

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽67593
₽62324
₽55650
₽47028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
1 249
regional
-
-
-
2 513
national
-
-
-
53 996
social contributions
-
-
-
50 509
total
-
-
-
108 267
Employee
89 689
-
206 500
-
social contributions
30 243
-
66 218
-
regional
846
-
2 241
-
municipal
475
-
1 122
-
national
15 541
-
47 308
-
total
47 105
-
116 889
-
Employer
89 689
-
206 500
-
total
-
-
-
-
Corporate
116 811
206 500
-
-
nationa
28 035
49 561
-
-
municipal
4 556
8 053
-
-
total
32 591
57 614
-
-
Dividends
84 220
148 887
-
-
withholding
21 897
38 710
-
-
total
21 897
38 710
-
-
Income
206 500
206 500
206 500
206 500
Total tax
101 593
96 324
116 889
108 267
After tax
104 907
110 176
89 611
98 233
Living cost
42 583
42 583
42 583
42 583
Free-cash
62 324
67 593
47 028
55 650

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107620
₽104479
₽75071
₽68900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
62 225
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 205
total
-
-
-
109 160
Employee
33 373
-
178 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
8 999
-
income
5 594
-
56 189
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
86 980
-
Employer
33 373
-
178 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
166 103
206 500
-
-
income
43 187
53 689
-
-
total
43 187
53 689
-
-
Dividends
122 916
152 811
-
-
withholding
18 437
22 922
-
-
total
18 437
22 922
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 752
76 611
115 331
109 160
After tax
126 748
129 889
91 169
97 340
Living cost
22 269
22 269
22 269
22 269
Free-cash
104 479
107 620
68 900
75 071

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽85872
₽92560
₽88553
₽70019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
62 005
pensions
-
-
-
9 673
total
-
-
-
71 678
Employee
64 218
-
180 127
-
health
932
-
2 503
-
income
11 566
-
49 645
-
pensions
5 451
-
11 694
-
total
17 949
-
63 842
-
Employer
64 218
-
180 127
-
pensions
6 952
-
22 947
-
health
1 220
-
3 423
-
total
8 172
-
26 370
-
Corporate
134 110
206 500
-
-
income

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

25 480
39 234
-
-
total
25 480
39 234
-
-
Dividends
108 630
167 266
-
-
withholding
16 070
35 125
-
-
total
16 070
35 125
-
-
Income
206 500
206 500
206 500
206 500
Total tax
67 671
74 359
90 212
71 678
After tax
138 829
132 141
116 288
134 822
Living cost
46 269
46 269
46 269
46 269
Free-cash
92 560
85 872
70 019
88 553

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18155
₽50787
₽88523
₽80281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
city
-
-
-
2 176
pensions
-
-
-
18 998
other

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

-
-
-
4 129
regional
-
-
-
11 164
health
-
-
-
464
national
-
-
-
4 773
total
-
-
-
41 704
Employee
89 259
-
185 447
-
city
958
-
2 000
-
regional
2 923
-
9 832
-
health
202
-
417
-
pensions
7 499
-
14 888
-
unemployment
-
-
-
-
national
422
-
3 796
-
total
12 004
-
30 933
-
Employer
89 259
-
185 447
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
3 708
-
unemployment
-
-
-
-
pensions
7 499
-
14 888
-
health
202
-
417
-
total
9 486
-
19 013
-
Corporate
106 775
206 500
-
-
regional
22 583
43 675
-
-
national
9 076
17 552
-
-
total
31 659
61 227
-
-
Dividends
75 116
145 273
-
-
withholding
26 291
50 845
-
-
total
26 291
50 845
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 440
112 072
49 946
41 704
After tax
127 060
94 428
156 554
164 796
Living cost
76 273
76 273
76 273
76 273
Free-cash
50 787
18 155
80 281
88 523

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55749
₽72115
₽55301
₽82671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
trade
-
-
-
27 369
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.

-
-
-
67 018
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 687
total
-
-
-
104 968
Employee

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

60 649
-
206 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 687
-
income

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

7 132
-
67 018
-
total
14 419
-
77 599
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 851
206 500
-
-
surtax

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

1 203
1 704
-
-
income
21 878
30 975
-
-
trade
25 013
35 416
-
-
chamber of commerce
358
444
-
-
total
48 452
68 539
-
-
Dividends
97 399
137 961
-
-
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.

1 318
1 875
-
-
withholding
23 965
34 106
-
-
total
25 283
35 981
-
-
Income
206 500
206 500
206 500
206 500
Total tax
88 154
104 520
77 599
104 968
After tax
118 346
101 980
128 901
101 532
Living cost
46 230
46 230
46 230
46 230
Free-cash
72 115
55 749
82 671
55 301

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69549
₽75510
₽80251
₽75505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
35 723
pensions
-
-
-
34 083
other
-
-
-
6 402
health
-
-
-
9 629
surtax
-
-
-
-
social contributions
-
-
-
5 885
total
-
-
-
91 722
Employee
43 191
-
158 408
-
social contributions
1 231
-
4 512
-
surtax
-
-
-
-
income
2 549
-
32 263
-
pensions
4 883
-
11 600
-
total
8 663
-
48 375
-
Employer
43 191
-
158 408
-
other
1 490
-
6 428
-
social contributions
130
-
475
-
unemployment
1 748
-
6 416
-
pensions
7 095
-
19 425
-
health
3 024
-
15 349
-
total
13 487
-
48 093
-
Corporate
149 821
206 500
-
-
surtax
-
-
-
-
income
41 950
57 820
-
-
total
41 950
57 820
-
-
Dividends
107 871
148 680
-
-
surtax
-
-
-
-
social contributions
18 555
25 574
-
-
withholding
13 808
19 030
-
-
total
32 363
44 604
-
-
Income
206 500
206 500
206 500
206 500
Total tax
96 463
102 424
96 468
91 722
After tax
110 037
104 076
110 032
114 778
Living cost
34 527
34 527
34 527
34 527
Free-cash
75 510
69 549
75 505
80 251

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72970
₽78575
₽83672
₽78926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
35 723
pensions
-
-
-
34 083
other
-
-
-
6 402
health
-
-
-
9 629
surtax
-
-
-
-
social contributions
-
-
-
5 885
total
-
-
-
91 722
Employee
38 554
-
158 408
-
social contributions
1 099
-
4 512
-
surtax
-
-
-
-
income
1 988
-
32 263
-
pensions
4 361
-
11 600
-
total
7 448
-
48 375
-
Employer
38 554
-
158 408
-
other
1 331
-
6 428
-
social contributions
115
-
475
-
unemployment
1 561
-
6 416
-
pensions
6 335
-
19 425
-
health
2 698
-
15 349
-
total
12 040
-
48 093
-
Corporate
155 906
206 500
-
-
surtax
-
-
-
-
income
43 654
57 820
-
-
total
43 654
57 820
-
-
Dividends
112 251
148 680
-
-
surtax
-
-
-
-
social contributions
19 308
25 574
-
-
withholding
14 369
19 030
-
-
total
33 677
44 604
-
-
Income
206 500
206 500
206 500
206 500
Total tax
96 819
102 424
96 468
91 722
After tax
109 681
104 076
110 032
114 778
Living cost
31 106
31 106
31 106
31 106
Free-cash
78 575
72 970
78 926
83 672

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104585
₽105109
₽111217
₽106114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
30 975
health
-
-
-
14 413
social contributions
-
-
-
28 496
total
-
-
-
73 884
Employee
34 217
-
206 500
-
social contributions
4 723
-
28 496
-
health
2 388
-
14 413
-
income
5 707
-
36 078
-
total
12 818
-
78 987
-
Employer
34 217
-
206 500
-
total
-
-
-
-
Corporate
172 283
206 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

8 614
10 324
-
-
total
8 614
10 324
-
-
Dividends
163 669
196 176
-
-
health
11 423
13 693
-
-
social contributions
22 587
27 072
-
-
withholding
24 550
29 427
-
-
total
58 560
70 192
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 992
80 516
78 987
73 884
After tax
126 508
125 984
127 513
132 616
Living cost
21 399
21 399
21 399
21 399
Free-cash
105 109
104 585
106 114
111 217

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78423
₽76863
₽70506
₽18795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
chamber of commerce
-
-
-
825
income
-
-
-
62 392
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
100 435
Employee
50 434
40 217
168 666
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
51 751
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
73 103
-
Employer
50 434
40 217
168 666
-
accident
655
523
1 532
-
other
2 396
1 909
7 580
-
chamber of commerce
201
161
674
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 060
-
health
1 906
1 521
4 456
-
total
14 712
11 775
37 834
-
Corporate
141 355
154 509
164 835
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

35 339
38 627
41 209
-
total
35 339
38 627
41 209
-
Dividends
106 016
115 882
-
-
withholding
29 153
31 867
-
-
total
29 153
31 867
-
-
Income
206 500
206 500
206 500
206 500
Total tax
94 078
92 518
152 146
100 435
After tax
112 422
113 982
54 354
106 065
Living cost
35 559
35 559
35 559
35 559
Free-cash
76 863
78 423
18 795
70 506

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽77671
₽63499
₽52916
₽34301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
national
-
-
-
80 748
communal

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

-
-
-
10 880
social contributions
-
-
-
25 160
total
-
-
-
116 788
Employee

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

72 186
-
159 940
-
communal

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

3 765
-
8 342
-
health

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

3 392
-
7 517
-
pensions

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

5 414
-
11 996
-
unemployment

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

628
-
1 392
-
national
22 193
-
59 596
-
total
35 392
-
88 843
-
Employer

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

72 186
-
159 940
-
accident

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

938
-
2 080
-
unemployment

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

1 053
-
2 334
-
surtax
8 185
-
18 136
-
pensions

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

6 396
-
14 172
-
health

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

4 439
-
9 838
-
total
21 011
-
46 560
-
Corporate
113 301
206 500
-
-
surtax
454
852
-
-
income
22 659
42 649
-
-
total
23 113
43 501
-
-
Dividends
90 188
162 999
-
-
withholding

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

26 689
48 532
-
-
total
26 689
48 532
-
-
Income
206 500
206 500
206 500
206 500
Total tax
106 205
92 033
135 403
116 788
After tax
100 295
114 467
71 097
89 712
Living cost
36 796
36 796
36 796
36 796
Free-cash
63 499
77 671
34 301
52 916

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100855
₽93943
₽79120
₽74885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
843
income
-
-
-
62 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 935
Employee
50 234
-
176 680
-
other
50
-
94
-
income
10 599
-
59 409
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
65 350
-
Employer
50 234
-
176 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
140 254
206 500
-
-
income

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

21 037
30 975
-
-
total
21 037
30 975
-
-
Dividends
119 217
175 525
-
-
withholding
25 275
38 225
-
-
total
25 275
38 225
-
-
Income
206 500
206 500
206 500
206 500
Total tax
76 112
69 200
95 170
90 935
After tax
130 388
137 300
111 330
115 565
Living cost
36 445
36 445
36 445
36 445
Free-cash
93 943
100 855
74 885
79 120

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽63714
₽50020
₽44034
₽52267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
1 741
income
-
-
-
37 133
pensions
-
-
-
30 952
health
-
-
-
14 509
surtax
-
-
-
10 238
communal
-
-
-
13 051
total
-
-
-
107 624
Employee
76 423
-
184 457
-
health
3 401
-
8 208
-
surtax
4 684
-
11 305
-
income
7 382
-
43 079
-
pensions
6 113
-
14 756
-
total
21 580
-
77 348
-
Employer
76 423
-
184 457
-
accident
688
-
1 660
-
pensions
6 113
-
14 756
-
health
2 331
-
5 627
-
total
9 132
-
22 043
-
Corporate
120 945
206 500
-
-
surtax
1 270
2 168
-
-
communal
8 164
13 938
-
-
income
18 142
30 975
-
-
total
27 576
47 081
-
-
Dividends
93 370
159 420
-
-
income
29 345
16 949
-
-
withholding
14 005
23 914
-
-
total
43 350
40 863
-
-
Income
206 500
206 500
206 500
206 500
Total tax
101 638
87 944
99 391
107 624
After tax
104 862
118 556
107 109
98 876
Living cost
54 842
54 842
54 842
54 842
Free-cash
50 020
63 714
52 267
44 034

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107222
₽104013
₽74673
₽68502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
62 225
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 205
total
-
-
-
109 160
Employee
33 985
-
178 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
8 999
-
income
5 697
-
56 189
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
86 980
-
Employer
33 985
-
178 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
165 360
206 500
-
-
income
42 994
53 689
-
-
total
42 994
53 689
-
-
Dividends
122 366
152 811
-
-
withholding
18 354
22 922
-
-
total
18 354
22 922
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 820
76 611
115 331
109 160
After tax
126 680
129 889
91 169
97 340
Living cost
22 667
22 667
22 667
22 667
Free-cash
104 013
107 222
68 502
74 673

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽81356
₽79117
₽70394
₽61820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
1 249
regional
-
-
-
3 167
national
-
-
-
53 996
social contributions
-
-
-
50 509
total
-
-
-
108 921
Employee
55 980
-
206 500
-
social contributions
18 877
-
66 218
-
regional
754
-
2 847
-
municipal
297
-
1 122
-
national
8 869
-
47 308
-
total
28 797
-
117 495
-
Employer
55 980
-
206 500
-
total
-
-
-
-
Corporate
150 520
206 500
-
-
nationa
36 124
49 561
-
-
municipal
7 480
10 263
-
-
total
43 604
59 824
-
-
Dividends
106 915
146 677
-
-
withholding
27 797
38 135
-
-
total
27 797
38 135
-
-
Income
206 500
206 500
206 500
206 500
Total tax
100 198
97 959
117 495
108 921
After tax
106 302
108 541
89 005
97 579
Living cost
27 185
27 185
27 185
27 185
Free-cash
79 117
81 356
61 820
70 394

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽112392
₽101766
₽90752
₽81905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
21 576
health
-
-
-
27 878
solidarity contribution
-
-
-
1 732
social contributions
-
-
-
34 779
total
-
-
-
85 965
Employee
43 799
-
162 131
-
social contributions
2 847
-
7 742
-
health
5 913
-
21 888
-
solidarity contribution
-
-
938
-
income
5 256
-
19 875
-
total
14 016
-
50 443
-
Employer
43 799
-
162 131
-
social contributions
10 950
-
29 777
-
health
3 942
-
14 592
-
total
14 892
-
44 369
-
Corporate
147 809
206 500
-
-
income
28 084
39 235
-
-
total
28 084
39 235
-
-
Dividends
119 725
167 265
-
-
withholding
17 959
25 090
-
-
total
17 959
25 090
-
-
Income
206 500
206 500
206 500
206 500
Total tax
74 951
64 325
94 812
85 965
After tax
131 549
142 175
111 688
120 535
Living cost
29 783
29 783
29 783
29 783
Free-cash
101 766
112 392
81 905
90 752

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽81893
₽81396
₽74068
₽22208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
chamber of commerce
-
-
-
825
income
-
-
-
62 392
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
100 236
Employee
44 114
40 217
168 849
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
51 839
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
73 191
-
Employer
44 114
40 217
168 849
-
accident
573
523
1 532
-
other
2 095
1 909
7 588
-
chamber of commerce
176
161
676
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 065
-
health
1 668
1 521
4 456
-
total
12 695
11 576
37 650
-
Corporate
149 691
154 708
165 019
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

37 423
38 677
41 255
-
total
37 423
38 677
41 255
-
Dividends
112 269
116 031
-
-
withholding
30 873
31 909
-
-
total
30 873
31 909
-
-
Income
206 500
206 500
206 500
206 500
Total tax
92 908
92 411
152 096
100 236
After tax
113 592
114 089
54 404
106 264
Living cost
32 196
32 196
32 196
32 196
Free-cash
81 396
81 893
22 208
74 068

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽182026
₽179373
₽190286
₽151051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
206 500
microenterprise

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

-
-
-
2 065
total
-
-
-
2 065
Employee
17 686
-
206 500
-
income
3 537
-
41 300
-
total
3 537
-
41 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

188 814
206 500
-
-
total
-
-
-
-
Dividends
188 814
206 500
-
-
withholding
9 441
10 325
-
-
total
9 441
10 325
-
-
Income
206 500
206 500
206 500
206 500
Total tax
12 978
10 325
41 300
2 065
After tax
193 522
196 175
165 200
204 435
Living cost
14 149
14 149
14 149
14 149
Free-cash
179 373
182 026
151 051
190 286

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽115108
₽106666
₽70968
₽66486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
income
-
-
-
50 121
pensions
-
-
-
37 712
unemployment
-
-
-
310
health
-
-
-
20 321
total
-
-
-
108 464
Employee

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

44 626
-
178 680
-
health
2 882
-
11 542
-
income
7 696
-
45 637
-
pensions
6 917
-
27 696
-
unemployment
63
-
251
-
total
17 558
-
85 126
-
Employer

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

44 626
-
178 680
-
unemployment
27
-
107
-
pensions
3 949
-
15 813
-
health
2 972
-
11 900
-
total
6 948
-
27 820
-
Corporate
154 926
206 500
-
-
income
29 437
39 234
-
-
total
29 437
39 234
-
-
Dividends
125 490
167 266
-
-
withholding
18 823
25 090
-
-
total
18 823
25 090
-
-
Income
206 500
206 500
206 500
206 500
Total tax
72 766
64 324
112 946
108 464
After tax
133 734
142 176
93 554
98 036
Living cost
27 068
27 068
27 068
27 068
Free-cash
106 666
115 108
66 486
70 968

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82055
₽34014
₽99128
₽149633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
40 251
social contributions
-
-
-
23 541
total
-
-
-
63 792
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
55 906
206 500
-
-
income
12 299
45 430
-
-
total
12 299
45 430
-
-
Dividends
43 607
161 070
-
-
income
9 593
35 435
-
-
total
9 593
35 435
-
-
Income
206 500
206 500
206 500
206 500
Total tax
128 906
80 865
13 287
63 792
After tax
77 594
125 635
193 213
142 708
Living cost
43 580
43 580
43 580
43 580
Free-cash
34 014
82 055
149 633
99 128

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85802
₽84787
₽77094
₽61435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
income
-
-
-
25 994
surtax
-
-
-
-
social contributions

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

-
-
-
71 758
total
-
-
-
97 752
Employee
46 414
-
166 869
-
social contributions
5 106
-
18 356
-
surtax
-
-
-
-
income
9 654
-
55 424
-
total
14 760
-
73 780
-
Employer
46 414
-
166 869
-
social contributions
11 023
-
39 631
-
total
11 023
-
39 631
-
Corporate
149 063
206 500
-
-
surtax
-
-
-
-
income
31 304
43 365
-
-
total
31 304
43 365
-
-
Dividends
117 759
163 135
-
-
withholding
32 972
45 679
-
-
total
32 972
45 679
-
-
Income
206 500
206 500
206 500
206 500
Total tax
90 059
89 044
113 411
97 752
After tax
116 441
117 456
93 089
108 748
Living cost
31 654
31 654
31 654
31 654
Free-cash
84 787
85 802
61 435
77 094

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽55334
₽62270
₽66036
₽61290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
35 723
pensions
-
-
-
34 083
other
-
-
-
6 402
health
-
-
-
9 629
surtax
-
-
-
-
social contributions
-
-
-
5 885
total
-
-
-
91 722
Employee
63 206
-
158 408
-
social contributions
1 800
-
4 512
-
surtax
-
-
-
-
income
5 515
-
32 263
-
pensions
7 149
-
11 600
-
total
14 464
-
48 375
-
Employer
63 206
-
158 408
-
other
2 181
-
6 428
-
social contributions
190
-
475
-
unemployment
2 560
-
6 416
-
pensions
10 386
-
19 425
-
health
4 424
-
15 349
-
total
19 741
-
48 093
-
Corporate
123 553
206 500
-
-
surtax
-
-
-
-
income
34 594
57 820
-
-
total
34 594
57 820
-
-
Dividends
88 959
148 680
-
-
surtax
-
-
-
-
social contributions
15 302
25 574
-
-
withholding
11 387
19 030
-
-
total
26 689
44 604
-
-
Income
206 500
206 500
206 500
206 500
Total tax
95 488
102 424
96 468
91 722
After tax
111 012
104 076
110 032
114 778
Living cost
48 742
48 742
48 742
48 742
Free-cash
62 270
55 334
61 290
66 036

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155515
₽152124
₽120755
₽126242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
9 980
social contributions
-
-
-
45 430
total
-
-
-
55 410
Employee
32 444
-
178 789
-
income
-
-
10 589
-
social contributions
2 109
-
11 623
-
total
2 109
-
22 212
-
Employer
32 444
-
178 789
-
social contributions
5 029
-
27 711
-
total
5 029
-
27 711
-
Corporate
169 027
206 500
-
-
income
16 903
20 650
-
-
total
16 903
20 650
-
-
Dividends
152 125
185 850
-
-
total
-
-
-
-
Income
206 500
206 500
206 500
206 500
Total tax
24 041
20 650
49 923
55 410
After tax
182 459
185 850
156 577
151 090
Living cost
30 335
30 335
30 335
30 335
Free-cash
152 124
155 515
126 242
120 755

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽13471
-₽13471
₽71510
-₽13471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
43 866
pensions
-
-
-
875
national
-
-
-
25 176
labour market
-
-
-
16 450
total
-
-
-
86 367
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
206 500
206 500
206 500
206 500
Total tax
171 348
171 348
171 348
86 367
After tax
35 152
35 152
35 152
120 133
Living cost
48 623
48 623
48 623
48 623
Free-cash
-13 471
-13 471
-13 471
71 510

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5017
₽13392
₽119313
₽91470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
253
income
-
-
-
58 457
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 444
Employee
34 203
-
187 714
-
health
3 917
-
21 494
-
income
4 692
-
45 354
-
pensions
3 852
-
7 653
-
total
12 461
-
74 501
-
Employer
34 203
-
187 714
-
accident
571
-
3 135
-
unemployment
838
-
4 599
-
pensions
5 561
-
11 052
-
total
6 970
-
18 786
-
Corporate
165 326
206 500
-
-
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.

148 793
185 850
-
-
total
148 793
185 850
-
-
Dividends
16 533
20 650
-
-
withholding
3 141
3 924
-
-
total
3 141
3 924
-
-
Income
206 500
206 500
206 500
206 500
Total tax
171 365
189 774
93 287
65 444
After tax
35 135
16 726
113 213
141 056
Living cost
21 743
21 743
21 743
21 743
Free-cash
13 392
-5 017
91 470
119 313

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽88867
₽91985
₽90268
₽66617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
206 500
municipal
-
-
-
36 674
health
-
-
-
2 760
national
-
-
-
38 053
total
-
-
-
77 487
Employee
53 094
-
173 719
-
health
396
-
2 254
-
municipal
8 696
-
28 284
-
pensions
3 583
-
11 726
-
unemployment
797
-
2 606
-
national
877
-
23 487
-
total
14 349
-
68 357
-
Employer
53 094
-
173 719
-
accident
54
-
174
-
unemployment
345
-
1 130
-
pensions
9 212
-
30 140
-
health
408
-
1 337
-
total
10 019
-
32 781
-
Corporate
143 388
206 500
-
-
income
28 678
41 301
-
-
total
28 678
41 301
-
-
Dividends

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

86 032
123 899
-
-
national
7 239
15 286
-
-
municipal
15 485
22 301
-
-
total
22 724
37 587
-
-
Income
206 500
206 500
206 500
206 500
Total tax
75 770
78 888
101 138
77 487
After tax
130 730
127 612
105 362
129 013
Living cost
38 745
38 745
38 745
38 745
Free-cash
91 985
88 867
66 617
90 268

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127188
₽121694
₽116339
₽114599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
45 202
health
-
-
-
5 266
social contributions
-
-
-
16 328
total
-
-
-
66 796
Employee
77 600
77 600
194 220
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 302
-
income
8 449
7 183
44 267
-
total
11 984
14 942
56 256
-
Employer
77 600
77 600
194 220
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 593
-
total
3 587
7 876
12 280
-
Corporate
167 563
121 023
-
-
income
20 945
15 127
-
-
total
20 945
15 127
-
-
Dividends
146 618
105 896
-
-
withholding
24 925
18 002
-
-
total
24 925
18 002
-
-
Income
206 500
206 500
206 500
206 500
Total tax
61 441
55 947
68 536
66 796
After tax
145 059
150 553
137 964
139 704
Living cost
23 365
23 365
23 365
23 365
Free-cash
121 694
127 188
114 599
116 339

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽154979
₽149843
₽159129
₽138889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
206 500
income
-
-
-
21 248
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
31 348
Employee

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

23 164
-
196 637
-
health
1 969
-
8 139
-
income
1 584
-
18 745
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
41 726
-
Employer

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

23 164
-
196 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
180 952
206 500
-
-
income
16 286
18 586
-
-
total
16 286
18 586
-
-
Dividends
164 666
187 914
-
-
withholding
14 821
16 912
-
-
total
14 821
16 912
-
-
Income
206 500
206 500
206 500
206 500
Total tax
40 634
35 498
51 588
31 348
After tax
165 866
171 002
154 912
175 152
Living cost
16 023
16 023
16 023
16 023
Free-cash
149 843
154 979
138 889
159 129

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽109549
₽105090
₽87814
₽83579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
843
income
-
-
-
62 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 935
Employee
37 315
-
176 680
-
other
36
-
94
-
income
7 194
-
59 409
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
65 350
-
Employer
37 315
-
176 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
157 289
206 500
-
-
income

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

23 594
30 975
-
-
total
23 594
30 975
-
-
Dividends
133 695
175 525
-
-
withholding
28 606
38 225
-
-
total
28 606
38 225
-
-
Income
206 500
206 500
206 500
206 500
Total tax
73 659
69 200
95 170
90 935
After tax
132 841
137 300
111 330
115 565
Living cost
27 751
27 751
27 751
27 751
Free-cash
105 090
109 549
83 579
87 814

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽126100
₽125646
₽129851
₽129653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
70 426
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
73 893
Employee
4 198
-
204 238
-
health
210
-
503
-
income
812
-
70 320
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
71 829
-
Employer
4 198
-
204 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
201 358
206 500
-
-
income
44 299
45 430
-
-
total
44 299
45 430
-
-
Dividends
157 059
161 070
-
-
withholding
31 412
32 214
-
-
total
31 412
32 214
-
-
Income
206 500
206 500
206 500
206 500
Total tax
78 098
77 644
74 091
73 893
After tax
128 402
128 856
132 409
132 607
Living cost
2 756
2 756
2 756
2 756
Free-cash
125 646
126 100
129 653
129 851

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽131743
₽126779
₽113445
₽113446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
income
-
-
-
47 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
75 602
Employee

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

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

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

26 319
-
193 149
-
health
1 355
-
3 841
-
income
3 628
-
47 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
62 251
-
Employer

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

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

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

26 319
-
193 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
175 470
206 500
-
-
income
26 321
30 975
-
-
total
26 321
30 975
-
-
Dividends
149 150
175 525
-
-
withholding
22 372
26 329
-
-
total
22 372
26 329
-
-
Income
206 500
206 500
206 500
206 500
Total tax
62 268
57 304
75 601
75 602
After tax
144 232
149 196
130 899
130 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
126 779
131 743
113 446
113 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽90250
₽89887
₽81542
₽65883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
income
-
-
-
25 994
surtax
-
-
-
-
social contributions

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

-
-
-
71 758
total
-
-
-
97 752
Employee
39 168
-
166 869
-
social contributions
4 309
-
18 356
-
surtax
-
-
-
-
income
7 653
-
55 424
-
total
11 962
-
73 780
-
Employer
39 168
-
166 869
-
social contributions
9 302
-
39 631
-
total
9 302
-
39 631
-
Corporate
158 030
206 500
-
-
surtax
-
-
-
-
income
33 187
43 365
-
-
total
33 187
43 365
-
-
Dividends
124 844
163 135
-
-
withholding
34 956
45 679
-
-
total
34 956
45 679
-
-
Income
206 500
206 500
206 500
206 500
Total tax
89 407
89 044
113 411
97 752
After tax
117 093
117 456
93 089
108 748
Living cost
27 206
27 206
27 206
27 206
Free-cash
89 887
90 250
65 883
81 542

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽101833
₽95227
₽80098
₽75863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
843
income
-
-
-
62 873
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
90 935
Employee
48 738
-
176 680
-
other
48
-
94
-
income
10 180
-
59 409
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
65 350
-
Employer
48 738
-
176 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
142 223
206 500
-
-
income

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

21 334
30 975
-
-
total
21 334
30 975
-
-
Dividends
120 889
175 525
-
-
withholding
25 660
38 225
-
-
total
25 660
38 225
-
-
Income
206 500
206 500
206 500
206 500
Total tax
75 806
69 200
95 170
90 935
After tax
130 694
137 300
111 330
115 565
Living cost
35 467
35 467
35 467
35 467
Free-cash
95 227
101 833
75 863
80 098

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽159187
₽153034
₽148737
₽157144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
30 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
40 392
Employee
23 001
-
199 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
19 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
25 065
-
Employer
23 001
-
199 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
178 986
206 500
-
-
income
17 898
20 650
-
-
total
17 898
20 650
-
-
Dividends
161 088
185 850
-
-
withholding
8 055
9 292
-
-
total
8 055
9 292
-
-
Income
206 500
206 500
206 500
206 500
Total tax
36 096
29 942
31 986
40 392
After tax
170 404
176 558
174 514
166 108
Living cost
17 370
17 370
17 370
17 370
Free-cash
153 034
159 187
157 144
148 737

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽67267
₽80466
₽67039
₽89940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
trade
-
-
-
22 901
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.

-
-
-
67 018
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 687
total
-
-
-
100 500
Employee

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

50 212
-
206 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 687
-
income

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

4 129
-
67 018
-
total
11 251
-
77 599
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 288
206 500
-
-
surtax

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

1 289
1 704
-
-
income
23 443
30 975
-
-
trade
22 428
29 632
-
-
chamber of commerce
383
456
-
-
total
47 543
62 767
-
-
Dividends
108 746
143 733
-
-
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.

1 475
1 955
-
-
withholding
26 804
35 550
-
-
total
28 279
37 505
-
-
Income
206 500
206 500
206 500
206 500
Total tax
87 073
100 272
77 599
100 500
After tax
119 427
106 228
128 901
106 000
Living cost
38 961
38 961
38 961
38 961
Free-cash
80 466
67 267
89 940
67 039

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽87063
₽89292
₽47977
₽47977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
65 919
social contributions
-
-
-
35 117
total
-
-
-
101 036
Employee
78 939
-
206 500
-
income
14 896
-
65 919
-
social contributions
6 558
-
35 117
-
total
21 454
-
101 036
-
Employer
78 939
-
206 500
-
total
-
-
-
-
Corporate
127 561
206 500
-
-
income
15 945
25 812
-
-
total
15 945
25 812
-
-
Dividends
111 616
180 688
-
-
withholding
22 322
36 138
-
-
total
22 322
36 138
-
-
Income
206 500
206 500
206 500
206 500
Total tax
59 721
61 950
101 036
101 036
After tax
146 779
144 550
105 464
105 464
Living cost
57 487
57 487
57 487
57 487
Free-cash
89 292
87 063
47 977
47 977

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽92260
₽95788
₽132151
₽108439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
income
-
-
-
30 975
health

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

-
-
-
6 741
total
-
-
-
37 716
Employee
46 295
-
201 858
-
income
5 023
-
52 144
-
social contributions
4 638
-
4 642
-
total
9 661
-
56 786
-
Employer
46 295
-
201 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
155 567
206 500
-
-
income
54 448
72 275
-
-
total
54 448
72 275
-
-
Dividends
101 119
134 225
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
206 500
206 500
206 500
206 500
Total tax
74 079
77 607
61 428
37 716
After tax
132 421
128 893
145 072
168 784
Living cost
36 633
36 633
36 633
36 633
Free-cash
95 788
92 260
108 439
132 151

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94526
₽100519
₽97207
₽78673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
income
-
-
-
62 005
pensions
-
-
-
9 673
total
-
-
-
71 678
Employee
51 632
-
180 127
-
health
674
-
2 503
-
income
9 403
-
49 645
-
pensions
3 941
-
11 694
-
total
14 018
-
63 842
-
Employer
51 632
-
180 127
-
pensions
5 217
-
22 947
-
health
981
-
3 423
-
total
6 198
-
26 370
-
Corporate
148 670
206 500
-
-
income

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

28 248
39 234
-
-
total
28 248
39 234
-
-
Dividends
120 422
167 266
-
-
withholding
19 902
35 125
-
-
total
19 902
35 125
-
-
Income
206 500
206 500
206 500
206 500
Total tax
68 366
74 359
90 212
71 678
After tax
138 134
132 141
116 288
134 822
Living cost
37 615
37 615
37 615
37 615
Free-cash
100 519
94 526
78 673
97 207

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽7170
₽13059
₽117160
₽89317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
accident
-
-
-
253
income
-
-
-
58 457
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
65 444
Employee
37 589
-
187 714
-
health
4 304
-
21 494
-
income
5 157
-
45 354
-
pensions
4 233
-
7 653
-
total
13 694
-
74 501
-
Employer
37 589
-
187 714
-
accident
628
-
3 135
-
unemployment
921
-
4 599
-
pensions
6 112
-
11 052
-
total
7 661
-
18 786
-
Corporate
161 251
206 500
-
-
income

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

145 126
185 850
-
-
total
145 126
185 850
-
-
Dividends
16 125
20 650
-
-
withholding
3 064
3 924
-
-
total
3 064
3 924
-
-
Income
206 500
206 500
206 500
206 500
Total tax
169 545
189 774
93 287
65 444
After tax
36 955
16 726
113 213
141 056
Living cost
23 896
23 896
23 896
23 896
Free-cash
13 059
-7 170
89 317
117 160

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽144342
₽155417
₽114006
₽136198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
206 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
34 481
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
78 863
Employee

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

21 810
-
206 500
-
work injury
109
-
403
-
income
2 181
-
34 481
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
56 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 690
206 500
-
-
income

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

1 847
20 650
-
-
total
1 847
20 650
-
-
Dividends
182 843
185 850
-
-
withholding
27 426
27 877
-
-
total
27 426
27 877
-
-
Income
206 500
206 500
206 500
206 500
Total tax
37 452
48 527
56 671
78 863
After tax
169 048
157 973
149 829
127 637
Living cost
13 631
13 631
13 631
13 631
Free-cash
155 417
144 342
136 198
114 006

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽68566
₽63976
₽55530
₽47170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
206 500
municipal
-
-
-
1 404
regional
-
-
-
4 858
national
-
-
-
53 996
social contributions
-
-
-
50 509
total
-
-
-
110 767
Employee
85 039
-
206 500
-
social contributions
28 675
-
66 218
-
regional
1 284
-
4 339
-
municipal
507
-
1 262
-
national
14 371
-
47 308
-
total
44 837
-
119 127
-
Employer
85 039
-
206 500
-
total
-
-
-
-
Corporate
121 461
206 500
-
-
nationa
29 151
49 561
-
-
municipal
5 854
9 953
-
-
total
35 005
59 514
-
-
Dividends
86 455
146 987
-
-
withholding
22 479
38 217
-
-
total
22 479
38 217
-
-
Income
206 500
206 500
206 500
206 500
Total tax
102 321
97 731
119 127
110 767
After tax
104 179
108 769
87 373
95 733
Living cost
40 203
40 203
40 203
40 203
Free-cash
63 976
68 566
47 170
55 530

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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