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
₽ 208500
per

Your estimated
City
free-cash

Dresden , Germany
₽74086
₽99604
₽85882
₽74822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
trade
-
-
-
25 518
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.

-
-
-
6 830
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.

-
-
-
68 042
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.

-
-
-
3 741
total
-
-
-
104 131
Employee

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

38 240
-
208 500
-
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.

59
-
3 741
-
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.

1 068
-
68 042
-
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.

6 830
-
6 830
-
total
7 957
-
78 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 260
208 500
-
-
trade
26 816
32 838
-
-
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.

1 404
1 721
-
-
income
25 539
31 275
-
-
chamber of commerce
397
452
-
-
total
54 156
66 286
-
-
Dividends
116 104
142 215
-
-
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.

1 575
1 935
-
-
withholding
28 647
35 174
-
-
total
30 222
37 109
-
-
Income
208 500
208 500
208 500
208 500
Total tax
92 335
103 395
78 613
104 131
After tax
116 165
105 105
129 887
104 369
Living cost
30 283
30 283
30 283
30 283
Free-cash
85 882
74 822
99 604
74 086

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69441
₽70559
₽78816
₽79655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
2 241
municipal
-
-
-
23 076
national
-
-
-
38 273
pensions
-
-
-
25 020
total
-
-
-
88 610
Employee
78 206
-
180 246
-
pensions
3 128
-
7 210
-
national
14 969
-
40 041
-
municipal
9 660
-
23 883
-
total
27 757
-
71 134
-
Employer
78 206
-
180 246
-
pensions
6 256
-
14 420
-
social contributions
841
-
1 938
-
total
7 097
-
16 358
-
Corporate
118 036
208 500
-
-
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%.

23 607
41 700
-
-
total
23 607
41 700
-
-
Dividends
94 428
166 800
-
-
withholding
20 774
36 696
-
-
total
20 774
36 696
-
-
Income
208 500
208 500
208 500
208 500
Total tax
79 235
78 396
87 492
88 610
After tax
129 265
130 104
121 008
119 890
Living cost
50 449
50 449
50 449
50 449
Free-cash
78 816
79 655
70 559
69 441

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53932
₽68989
₽137800
₽146000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
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.

-
-
-
38 306
income
-
-
-
42 294
microenterprise
-
-
-
-
surtax
-
-
-
53 168
total
-
-
-
133 768
Employee
29 214
-
161 979
-
income
5 200
-
35 598
-
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.

3 214
-
13 106
-
surtax
-
-
23 486
-
total
8 414
-
72 190
-
Employer
29 214
-
161 979
-
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.

7 037
-
28 704
-
surtax
-
-
17 817
-
total
7 037
-
46 521
-
Corporate
172 249
208 500
-
-
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%.

34 449
41 700
-
-
total
34 449
41 700
-
-
Dividends

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

137 800
166 800
-
-
total
-
-
-
-
Income
208 500
208 500
208 500
208 500
Total tax
49 900
41 700
118 711
133 768
After tax
158 600
166 800
89 789
74 732
Living cost
20 800
20 800
20 800
20 800
Free-cash
137 800
146 000
68 989
53 932

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70972
₽91493
₽55703
₽61827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
health
-
-
-
12 329
income
-
-
-
71 603
pensions
-
-
-
11 714
total
-
-
-
95 646
Employee
85 378
85 378
189 920
-
income

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

13 975
13 975
32 502
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
56 545
-
Employer
85 378
85 378
189 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
109 219
108 172
-
-
income
21 843
21 635
-
-
total
21 843
21 635
-
-
Dividends
87 376
86 537
-
-
withholding
13 106
12 981
-
-
income
18 567
18 388
-
-
total
31 673
31 369
-
-
Income
208 500
208 500
208 500
208 500
Total tax
110 915
104 791
75 125
95 646
After tax
97 585
103 709
133 375
112 854
Living cost
41 882
41 882
41 882
41 882
Free-cash
55 703
61 827
91 493
70 972

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66220
₽65288
₽74523
₽75387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
54 894
health
-
-
-
5 259
national
-
-
-
24 518
pensions
-
-
-
9 110
total
-
-
-
103 826
Employee
54 793
-
182 020
-
national
-
-
24 001
-
municipal
16 339
-
54 278
-
total
16 339
-
78 279
-
Employer
54 793
-
182 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
136 491
208 500
-
-
income
30 028
45 870
-
-
total
30 028
45 870
-
-
Dividends
106 463
162 630
-
-
withholding
31 939
48 789
-
-
total
31 939
48 789
-
-
Income
208 500
208 500
208 500
208 500
Total tax
95 523
94 659
104 758
103 826
After tax
112 977
113 841
103 742
104 674
Living cost
38 454
38 454
38 454
38 454
Free-cash
74 523
75 387
65 288
66 220

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63960
₽90611
₽78805
₽64758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
trade
-
-
-
26 651
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.

-
-
-
6 830
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.

-
-
-
68 042
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.

-
-
-
3 741
total
-
-
-
105 264
Employee

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

50 701
-
208 500
-
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.

239
-
3 741
-
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.

4 356
-
68 042
-
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.

6 830
-
6 830
-
total
11 425
-
78 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 799
208 500
-
-
trade
25 959
34 299
-
-
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.

1 302
1 721
-
-
income
23 670
31 275
-
-
chamber of commerce
376
448
-
-
total
51 307
67 743
-
-
Dividends
106 493
140 758
-
-
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.

1 444
1 914
-
-
withholding
26 243
34 809
-
-
total
27 687
36 723
-
-
Income
208 500
208 500
208 500
208 500
Total tax
90 419
104 466
78 613
105 264
After tax
118 081
104 034
129 887
103 236
Living cost
39 276
39 276
39 276
39 276
Free-cash
78 805
64 758
90 611
63 960

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108461
₽106714
₽115423
₽119568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
16 176
health
-
-
-
5 316
income
-
-
-
46 119
total
-
-
-
67 611
Employee
76 879
76 879
196 263
-
income
8 073
7 117
45 178
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
3 337
-
total
12 574
14 805
57 121
-
Employer
76 879
76 879
196 263
-
health
833
1 423
3 631
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
12 237
-
Corporate
158 930
123 818
-
-
income
19 866
15 478
-
-
total
19 866
15 478
-
-
Dividends
139 064
108 340
-
-
withholding
23 640
18 417
-
-
total
23 640
18 417
-
-
Income
208 500
208 500
208 500
208 500
Total tax
60 649
56 504
69 358
67 611
After tax
147 851
151 996
139 142
140 889
Living cost
32 428
32 428
32 428
32 428
Free-cash
115 423
119 568
106 714
108 461

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126203
₽102634
₽99202
₽98823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
unemployment
-
-
-
3 128
health
-
-
-
14 595
income
-
-
-
25 489
pensions
-
-
-
20 850
total
-
-
-
64 062
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.

26 323
10 476
174 477
-
income
3 218
1 281
21 330
-
pensions
2 632
1 048
17 448
-
unemployment
395
157
2 617
-
health
1 843
733
12 213
-
total
8 088
3 219
53 608
-
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.

26 323
10 476
174 477
-
pensions
5 133
2 043
34 023
-
total
5 133
2 043
34 023
-
Corporate
177 044
195 981
-
-
income
15 934
17 638
-
-
total
15 934
17 638
-
-
Dividends
161 110
178 343
-
-
social contributions
31 297
34 657
-
-
withholding
30 611
33 885
-
-
total
61 908
68 542
-
-
Income
208 500
208 500
208 500
208 500
Total tax
91 063
91 442
87 631
64 062
After tax
117 437
117 058
120 869
144 438
Living cost
18 235
18 235
18 235
18 235
Free-cash
99 202
98 823
102 634
126 203

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87607
₽96029
₽136442
₽142651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
health
-
-
-
27 105
income
-
-
-
27 939
pensions
-
-
-
41 700
total
-
-
-
96 744
Employee
28 362
-
155 831
-
income
3 193
-
30 043
-
pensions
567
-
3 117
-
unemployment
453
-
2 493
-
total
4 213
-
35 653
-
Employer
28 362
-
155 831
-
pensions
5 673
-
31 165
-
health
3 686
-
20 257
-
unemployment
228
-
1 247
-
total
9 587
-
52 669
-
Corporate
170 551
208 500
-
-
income
34 109
41 700
-
-
total
34 109
41 700
-
-
Dividends
136 441
166 800
-
-
total
-
-
-
-
Income
208 500
208 500
208 500
208 500
Total tax
47 909
41 700
88 322
96 744
After tax
160 591
166 800
120 178
111 756
Living cost
24 148
24 148
24 148
24 148
Free-cash
136 442
142 651
96 029
87 607

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120498
₽92500
₽13528
-₽5026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
59 150
pensions
-
-
-
4 145
total
-
-
-
66 088
Employee
34 472
-
189 709
-
income
4 729
-
45 974
-
pensions
3 882
-
7 600
-
health
3 947
-
21 722
-
total
12 558
-
75 296
-
Employer
34 472
-
189 709
-
pensions
5 605
-
10 974
-
accident
575
-
3 168
-
unemployment
845
-
4 648
-
total
7 025
-
18 790
-
Corporate
167 003
208 500
-
-
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.

150 302
187 650
-
-
total
150 302
187 650
-
-
Dividends
16 700
20 850
-
-
withholding
3 173
3 962
-
-
total
3 173
3 962
-
-
Income
208 500
208 500
208 500
208 500
Total tax
173 058
191 612
94 086
66 088
After tax
35 442
16 888
114 414
142 412
Living cost
21 914
21 914
21 914
21 914
Free-cash
13 528
-5 026
92 500
120 498

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197404
₽157789
₽187375
₽189064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
208 500
microenterprise

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

-
-
-
2 085
total
-
-
-
2 085
Employee
11 263
-
208 500
-
income
2 252
-
41 700
-
total
2 252
-
41 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

197 237
208 500
-
-
total
-
-
-
-
Dividends
197 237
208 500
-
-
withholding
9 862
10 425
-
-
total
9 862
10 425
-
-
Income
208 500
208 500
208 500
208 500
Total tax
12 114
10 425
41 700
2 085
After tax
196 386
198 075
166 800
206 415
Living cost
9 011
9 011
9 011
9 011
Free-cash
187 375
189 064
157 789
197 404

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96165
₽94405
₽119796
₽126545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
35 295
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.

-
-
-
36 489
total
-
-
-
85 695
Employee
36 301
-
170 044
-
income
6 250
-
34 707
-
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.

2 540
-
10 642
-
unemployment
362
-
1 520
-
health
508
-
2 129
-
total
9 660
-
48 998
-
Employer
36 301
-
170 044
-
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.

6 172
-
25 847
-
other
1 816
-
7 601
-
accident
290
-
1 360
-
health
508
-
2 129
-
unemployment
362
-
1 520
-
total
9 148
-
38 457
-
Corporate
163 050
208 500
-
-
income
34 240
43 785
-
-
total
34 240
43 785
-
-
Dividends
128 810
164 715
-
-
withholding
9 016
11 530
-
-
total
9 016
11 530
-
-
Income
208 500
208 500
208 500
208 500
Total tax
62 064
55 315
87 455
85 695
After tax
146 436
153 185
121 045
122 805
Living cost
26 640
26 640
26 640
26 640
Free-cash
119 796
126 545
94 405
96 165

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68642
₽49945
₽73936
₽65837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
income
-
-
-
62 916
pensions
-
-
-
9 676
total
-
-
-
72 592
Employee
95 171
-
181 846
-
income
17 156
-
50 450
-
pensions
9 181
-
11 672
-
health
1 568
-
2 514
-
total
27 905
-
64 636
-
Employer
95 171
-
181 846
-
pensions
11 237
-
23 198
-
health
1 807
-
3 455
-
total
13 044
-
26 653
-
Corporate
100 284
208 500
-
-
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.

19 054
39 614
-
-
total
19 054
39 614
-
-
Dividends
81 231
168 886
-
-
withholding
7 295
35 783
-
-
total
7 295
35 783
-
-
Income
208 500
208 500
208 500
208 500
Total tax
67 298
75 397
91 289
72 592
After tax
141 202
133 103
117 211
135 908
Living cost
67 266
67 266
67 266
67 266
Free-cash
73 936
65 837
49 945
68 642

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽154787
₽163313
₽160512
₽165156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
31 275
pensions

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

-
-
-
5 170
total
-
-
-
40 602
Employee
17 361
-
201 647
-
income
1 736
-
20 165
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
25 223
-
Employer
17 361
-
201 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
187 732
208 500
-
-
income
18 773
20 850
-
-
total
18 773
20 850
-
-
Dividends
168 959
187 650
-
-
withholding
8 448
9 383
-
-
total
8 448
9 383
-
-
Income
208 500
208 500
208 500
208 500
Total tax
34 877
30 233
32 076
40 602
After tax
173 623
178 267
176 424
167 898
Living cost
13 111
13 111
13 111
13 111
Free-cash
160 512
165 156
163 313
154 787

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57414
₽77935
₽50785
₽48269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
health
-
-
-
12 329
income
-
-
-
71 603
pensions
-
-
-
11 714
total
-
-
-
95 646
Employee
92 693
85 378
189 920
-
income

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

13 975
13 975
32 502
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
56 545
-
Employer
92 693
85 378
189 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
99 578
108 172
-
-
income
19 916
21 635
-
-
total
19 916
21 635
-
-
Dividends
79 662
86 537
-
-
withholding
11 949
12 981
-
-
income
16 928
18 388
-
-
total
28 877
31 369
-
-
Income
208 500
208 500
208 500
208 500
Total tax
102 275
104 791
75 125
95 646
After tax
106 225
103 709
133 375
112 854
Living cost
55 440
55 440
55 440
55 440
Free-cash
50 785
48 269
77 935
57 414

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97994
₽89018
₽110974
₽119539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
34 554
health
-
-
-
28 147
income
-
-
-
21 870
solidarity contribution
-
-
-
1 922
total
-
-
-
86 493
Employee
35 313
-
164 143
-
income
4 238
-
20 144
-
solidarity contribution
-
-
1 117
-
social contributions
2 295
-
7 692
-
health
4 767
-
22 159
-
total
11 300
-
51 112
-
Employer
35 313
-
164 143
-
health
3 178
-
14 773
-
social contributions
8 828
-
29 584
-
total
12 006
-
44 357
-
Corporate
161 180
208 500
-
-
income
30 624
39 615
-
-
total
30 624
39 615
-
-
Dividends
130 556
168 885
-
-
withholding
19 583
25 333
-
-
total
19 583
25 333
-
-
Income
208 500
208 500
208 500
208 500
Total tax
73 513
64 948
95 469
86 493
After tax
134 987
143 552
113 031
122 007
Living cost
24 013
24 013
24 013
24 013
Free-cash
110 974
119 539
89 018
97 994

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽57268
₽48791
₽63836
₽69054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 267
national
-
-
-
55 181
regional
-
-
-
2 558
total
-
-
-
109 045
Employee
88 855
-
208 500
-
national
15 396
-
48 487
-
social contributions
29 962
-
65 602
-
municipal
471
-
1 144
-
regional
838
-
2 289
-
total
46 667
-
117 522
-
Employer
88 855
-
208 500
-
total
-
-
-
-
Corporate
119 645
208 500
-
-
nationa
28 715
50 041
-
-
municipal
4 665
8 132
-
-
total
33 380
58 173
-
-
Dividends
86 264
150 327
-
-
withholding
22 430
39 086
-
-
total
22 430
39 086
-
-
Income
208 500
208 500
208 500
208 500
Total tax
102 477
97 259
117 522
109 045
After tax
106 023
111 241
90 978
99 455
Living cost
42 187
42 187
42 187
42 187
Free-cash
63 836
69 054
48 791
57 268

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76175
₽70063
₽105974
₽109086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
63 411
surtax
-
-
-
10 464
pensions
-
-
-
26 687
total
-
-
-
110 263
Employee
33 062
-
180 413
-
income
5 542
-
57 431
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
9 268
-
total
11 000
-
88 288
-
Employer
33 062
-
180 413
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
168 478
208 500
-
-
income
43 804
54 209
-
-
total
43 804
54 209
-
-
Dividends
124 674
154 291
-
-
withholding
18 701
23 143
-
-
total
18 701
23 143
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 464
77 352
116 375
110 263
After tax
128 036
131 148
92 125
98 237
Living cost
22 062
22 062
22 062
22 062
Free-cash
105 974
109 086
70 063
76 175

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89954
₽71257
₽93794
₽87149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
income
-
-
-
62 916
pensions
-
-
-
9 676
total
-
-
-
72 592
Employee
63 781
-
181 846
-
income
11 487
-
50 450
-
pensions
5 414
-
11 672
-
health
926
-
2 514
-
total
17 827
-
64 636
-
Employer
63 781
-
181 846
-
pensions
6 904
-
23 198
-
health
1 212
-
3 455
-
total
8 116
-
26 653
-
Corporate
136 603
208 500
-
-
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.

25 954
39 614
-
-
total
25 954
39 614
-
-
Dividends
110 649
168 886
-
-
withholding
16 855
35 783
-
-
total
16 855
35 783
-
-
Income
208 500
208 500
208 500
208 500
Total tax
68 752
75 397
91 289
72 592
After tax
139 748
133 103
117 211
135 908
Living cost
45 954
45 954
45 954
45 954
Free-cash
93 794
87 149
71 257
89 954

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽90578
₽82430
₽52103
₽19767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other

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

-
-
-
4 169
health
-
-
-
470
city
-
-
-
2 197
national
-
-
-
4 957
regional
-
-
-
11 372
pensions
-
-
-
19 183
total
-
-
-
42 348
Employee
88 441
-
187 343
-
pensions
7 430
-
14 928
-
national
419
-
3 984
-
unemployment
-
-
-
-
city
949
-
2 023
-
health
200
-
421
-
regional
2 896
-
10 045
-
total
11 894
-
31 401
-
Employer
88 441
-
187 343
-
pensions
7 430
-
14 928
-
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.

1 768
-
3 746
-
health
200
-
421
-
unemployment
-
-
-
-
total
9 398
-
19 095
-
Corporate
109 688
208 500
-
-
regional
23 199
44 098
-
-
national
9 323
17 723
-
-
total
32 522
61 821
-
-
Dividends
77 167
146 679
-
-
withholding
27 009
51 338
-
-
total
27 009
51 338
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 823
113 159
50 496
42 348
After tax
127 677
95 341
158 004
166 152
Living cost
75 574
75 574
75 574
75 574
Free-cash
52 103
19 767
82 430
90 578

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56300
₽84086
₽73374
₽57159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
trade
-
-
-
27 786
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.

-
-
-
6 830
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.

-
-
-
68 042
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.

-
-
-
3 741
total
-
-
-
106 399
Employee

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

60 085
-
208 500
-
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.

389
-
3 741
-
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.

7 065
-
68 042
-
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.

6 830
-
6 830
-
total
14 284
-
78 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 415
208 500
-
-
trade
25 454
35 758
-
-
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.

1 224
1 721
-
-
income
22 263
31 275
-
-
chamber of commerce
360
446
-
-
total
49 301
69 200
-
-
Dividends
99 114
139 300
-
-
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.

1 341
1 895
-
-
withholding
24 399
34 445
-
-
total
25 740
36 340
-
-
Income
208 500
208 500
208 500
208 500
Total tax
89 325
105 540
78 613
106 399
After tax
119 175
102 960
129 887
102 101
Living cost
45 801
45 801
45 801
45 801
Free-cash
73 374
57 159
84 086
56 300

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81311
₽76244
₽76785
₽70879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
6 464
social contributions
-
-
-
5 940
health
-
-
-
9 828
income
-
-
-
36 660
surtax
-
-
-
-
pensions
-
-
-
34 091
total
-
-
-
92 983
Employee
42 789
-
159 755
-
income
2 525
-
32 974
-
pensions
4 838
-
11 778
-
social contributions
1 220
-
4 552
-
surtax
-
-
-
-
total
8 583
-
49 304
-
Employer
42 789
-
159 755
-
pensions
7 029
-
19 708
-
other
1 476
-
6 516
-
health
2 996
-
15 572
-
unemployment
1 732
-
6 470
-
social contributions
129
-
480
-
total
13 362
-
48 746
-
Corporate
152 348
208 500
-
-
surtax
-
-
-
-
income
42 657
58 379
-
-
total
42 657
58 379
-
-
Dividends
109 692
150 121
-
-
surtax
-
-
-
-
social contributions
18 867
25 820
-
-
withholding
14 040
19 216
-
-
total
32 907
45 036
-
-
Income
208 500
208 500
208 500
208 500
Total tax
97 509
103 415
98 050
92 983
After tax
110 991
105 085
110 450
115 517
Living cost
34 206
34 206
34 206
34 206
Free-cash
76 785
70 879
76 244
81 311

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84700
₽79633
₽79822
₽74268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
6 464
social contributions
-
-
-
5 940
health
-
-
-
9 828
income
-
-
-
36 660
surtax
-
-
-
-
pensions
-
-
-
34 091
total
-
-
-
92 983
Employee
38 195
-
159 755
-
income
1 969
-
32 974
-
pensions
4 320
-
11 778
-
social contributions
1 089
-
4 552
-
surtax
-
-
-
-
total
7 378
-
49 304
-
Employer
38 195
-
159 755
-
pensions
6 276
-
19 708
-
other
1 319
-
6 516
-
health
2 673
-
15 572
-
unemployment
1 546
-
6 470
-
social contributions
114
-
480
-
total
11 928
-
48 746
-
Corporate
158 376
208 500
-
-
surtax
-
-
-
-
income
44 345
58 379
-
-
total
44 345
58 379
-
-
Dividends
114 031
150 121
-
-
surtax
-
-
-
-
social contributions
19 614
25 820
-
-
withholding
14 596
19 216
-
-
total
34 210
45 036
-
-
Income
208 500
208 500
208 500
208 500
Total tax
97 861
103 415
98 050
92 983
After tax
110 639
105 085
110 450
115 517
Living cost
30 817
30 817
30 817
30 817
Free-cash
79 822
74 268
79 633
84 700

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112699
₽107448
₽106523
₽106004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
28 772
health
-
-
-
14 554
income
-
-
-
31 275
total
-
-
-
74 601
Employee
33 899
-
208 500
-
income
5 654
-
36 526
-
social contributions
4 679
-
28 772
-
health
2 366
-
14 554
-
total
12 699
-
79 852
-
Employer
33 899
-
208 500
-
total
-
-
-
-
Corporate
174 601
208 500
-
-
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%.

8 729
10 426
-
-
total
8 729
10 426
-
-
Dividends
165 872
198 074
-
-
social contributions
22 891
27 334
-
-
health
11 577
13 825
-
-
withholding
24 881
29 711
-
-
total
59 349
70 870
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 777
81 296
79 852
74 601
After tax
127 723
127 204
128 648
133 899
Living cost
21 200
21 200
21 200
21 200
Free-cash
106 523
106 004
107 448
112 699

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71851
₽19608
₽78278
₽79827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
chamber of commerce
-
-
-
835
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
63 714
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
101 420
Employee
49 965
39 843
170 750
-
income
5 688
2 939
53 023
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
74 175
-
Employer
49 965
39 843
170 750
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
7 652
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
5 123
-
chamber of commerce
199
159
683
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
37 750
-
Corporate
143 960
156 993
166 955
-
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.

35 990
39 249
41 738
-
total
35 990
39 249
41 738
-
Dividends
107 971
117 744
-
-
withholding
29 692
32 379
-
-
total
29 692
32 379
-
-
Income
208 500
208 500
208 500
208 500
Total tax
94 993
93 444
153 663
101 420
After tax
113 507
115 056
54 837
107 080
Living cost
35 229
35 229
35 229
35 229
Free-cash
78 278
79 827
19 608
71 851

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54149
₽35145
₽65090
₽78882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
24 926
communal

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

-
-
-
11 014
national
-
-
-
81 957
total
-
-
-
117 897
Employee

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

71 515
-
161 493
-
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.

5 364
-
12 112
-
national
21 987
-
60 362
-
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.

622
-
1 406
-
communal

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

3 730
-
8 424
-
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.

3 360
-
7 591
-
total
35 063
-
89 895
-
Employer

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

71 515
-
161 493
-
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.

6 337
-
14 307
-
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.

930
-
2 098
-
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.

4 398
-
9 930
-
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.

1 044
-
2 358
-
surtax
8 109
-
18 313
-
total
20 818
-
47 006
-
Corporate
116 168
208 500
-
-
surtax
465
867
-
-
income
23 234
43 389
-
-
total
23 699
44 256
-
-
Dividends
92 469
164 244
-
-
withholding

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

27 376
48 908
-
-
total
27 376
48 908
-
-
Income
208 500
208 500
208 500
208 500
Total tax
106 956
93 164
136 901
117 897
After tax
101 544
115 336
71 599
90 603
Living cost
36 454
36 454
36 454
36 454
Free-cash
65 090
78 882
35 145
54 149

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
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.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80542
₽76347
₽95632
₽102483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
64 051
pensions
-
-
-
26 224
total
-
-
-
91 852
Employee
49 767
-
178 957
-
income
10 501
-
60 619
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
66 504
-
Employer
49 767
-
178 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
142 870
208 500
-
-
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.

21 430
31 275
-
-
total
21 430
31 275
-
-
Dividends
121 440
177 225
-
-
withholding
25 807
38 636
-
-
total
25 807
38 636
-
-
Income
208 500
208 500
208 500
208 500
Total tax
76 762
69 911
96 047
91 852
After tax
131 738
138 589
112 453
116 648
Living cost
36 106
36 106
36 106
36 106
Free-cash
95 632
102 483
76 347
80 542

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45124
₽53440
₽51430
₽65058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
accident
-
-
-
1 759
health
-
-
-
14 649
income
-
-
-
37 871
communal
-
-
-
13 177
surtax
-
-
-
10 336
pensions
-
-
-
31 252
total
-
-
-
109 044
Employee
75 713
-
186 245
-
income
7 313
-
43 874
-
pensions
6 056
-
14 899
-
health
3 370
-
8 287
-
surtax
4 641
-
11 414
-
total
21 380
-
78 474
-
Employer
75 713
-
186 245
-
pensions
6 056
-
14 899
-
accident
681
-
1 675
-
health
2 309
-
5 680
-
total
9 046
-
22 254
-
Corporate
123 741
208 500
-
-
communal
8 352
14 074
-
-
surtax
1 300
2 189
-
-
income
18 561
31 275
-
-
total
28 213
47 538
-
-
Dividends
95 528
160 962
-
-
withholding
14 330
24 145
-
-
income
29 769
17 427
-
-
total
44 099
41 572
-
-
Income
208 500
208 500
208 500
208 500
Total tax
102 738
89 110
100 728
109 044
After tax
105 762
119 390
107 772
99 456
Living cost
54 332
54 332
54 332
54 332
Free-cash
51 430
65 058
53 440
45 124

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75781
₽69669
₽105511
₽108692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
63 411
surtax
-
-
-
10 464
pensions
-
-
-
26 687
total
-
-
-
110 263
Employee
33 669
-
180 413
-
income
5 644
-
57 431
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
9 268
-
total
11 212
-
88 288
-
Employer
33 669
-
180 413
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
167 743
208 500
-
-
income
43 613
54 209
-
-
total
43 613
54 209
-
-
Dividends
124 130
154 291
-
-
withholding
18 620
23 143
-
-
total
18 620
23 143
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 533
77 352
116 375
110 263
After tax
127 967
131 148
92 125
98 237
Living cost
22 456
22 456
22 456
22 456
Free-cash
105 511
108 692
69 669
75 781

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71864
₽63435
₽80441
₽82659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 267
national
-
-
-
55 181
regional
-
-
-
3 217
total
-
-
-
109 704
Employee
55 460
-
208 500
-
national
8 786
-
48 487
-
social contributions
18 701
-
65 602
-
municipal
294
-
1 144
-
regional
747
-
2 900
-
total
28 528
-
118 133
-
Employer
55 460
-
208 500
-
total
-
-
-
-
Corporate
153 040
208 500
-
-
nationa
36 729
50 041
-
-
municipal
7 606
10 363
-
-
total
44 335
60 404
-
-
Dividends
108 705
148 096
-
-
withholding
28 264
38 505
-
-
total
28 264
38 505
-
-
Income
208 500
208 500
208 500
208 500
Total tax
101 127
98 909
118 133
109 704
After tax
107 373
109 591
90 367
98 796
Living cost
26 932
26 932
26 932
26 932
Free-cash
80 441
82 659
63 435
71 864

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92417
₽83441
₽103406
₽113962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
34 554
health
-
-
-
28 147
income
-
-
-
21 870
solidarity contribution
-
-
-
1 922
total
-
-
-
86 493
Employee
43 515
-
164 143
-
income
5 222
-
20 144
-
solidarity contribution
-
-
1 117
-
social contributions
2 828
-
7 692
-
health
5 875
-
22 159
-
total
13 925
-
51 112
-
Employer
43 515
-
164 143
-
health
3 916
-
14 773
-
social contributions
10 879
-
29 584
-
total
14 795
-
44 357
-
Corporate
150 190
208 500
-
-
income
28 536
39 615
-
-
total
28 536
39 615
-
-
Dividends
121 654
168 885
-
-
withholding
18 248
25 333
-
-
total
18 248
25 333
-
-
Income
208 500
208 500
208 500
208 500
Total tax
75 504
64 948
95 469
86 493
After tax
132 996
143 552
113 031
122 007
Living cost
29 590
29 590
29 590
29 590
Free-cash
103 406
113 962
83 441
92 417

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75380
₽22988
₽82769
₽83265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
chamber of commerce
-
-
-
835
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
63 714
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
101 223
Employee
43 704
39 843
170 934
-
income
3 893
2 939
53 112
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
74 264
-
Employer
43 704
39 843
170 934
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
7 659
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
5 128
-
chamber of commerce
175
159
683
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
37 565
-
Corporate
152 219
157 190
167 139
-
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.

38 056
39 298
41 786
-
total
38 056
39 298
41 786
-
Dividends
114 164
117 892
-
-
withholding
31 394
32 421
-
-
total
31 394
32 421
-
-
Income
208 500
208 500
208 500
208 500
Total tax
93 834
93 338
153 615
101 223
After tax
114 666
115 162
54 885
107 277
Living cost
31 897
31 897
31 897
31 897
Free-cash
82 769
83 265
22 988
75 380

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192373
₽152758
₽181400
₽184033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
208 500
microenterprise

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

-
-
-
2 085
total
-
-
-
2 085
Employee
17 552
-
208 500
-
income
3 511
-
41 700
-
total
3 511
-
41 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

190 948
208 500
-
-
total
-
-
-
-
Dividends
190 948
208 500
-
-
withholding
9 547
10 425
-
-
total
9 547
10 425
-
-
Income
208 500
208 500
208 500
208 500
Total tax
13 058
10 425
41 700
2 085
After tax
195 442
198 075
166 800
206 415
Living cost
14 042
14 042
14 042
14 042
Free-cash
181 400
184 033
152 758
192 373

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71716
₽67189
₽108372
₽116736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
unemployment
-
-
-
313
health
-
-
-
20 517
income
-
-
-
51 060
pensions
-
-
-
38 077
total
-
-
-
109 967
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.

44 211
-
180 411
-
income
7 624
-
46 534
-
pensions
6 853
-
27 964
-
unemployment
63
-
252
-
health
2 855
-
11 655
-
total
17 395
-
86 405
-
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.

44 211
-
180 411
-
pensions
3 912
-
15 966
-
health
2 945
-
12 015
-
unemployment
27
-
108
-
total
6 884
-
28 089
-
Corporate
157 406
208 500
-
-
income
29 907
39 615
-
-
total
29 907
39 615
-
-
Dividends
127 499
168 885
-
-
withholding
19 125
25 332
-
-
total
19 125
25 332
-
-
Income
208 500
208 500
208 500
208 500
Total tax
73 311
64 947
114 494
109 967
After tax
135 189
143 553
94 006
98 533
Living cost
26 816
26 816
26 816
26 816
Free-cash
108 372
116 736
67 189
71 716

Estimated living cost  is ₽26816 per week

₽18404
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101041
₽152326
₽36345
₽83802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
23 769
income
-
-
-
40 641
total
-
-
-
64 410
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
59 738
208 500
-
-
income
13 142
45 870
-
-
total
13 142
45 870
-
-
Dividends
46 596
162 630
-
-
income
10 251
35 779
-
-
total
10 251
35 779
-
-
Income
208 500
208 500
208 500
208 500
Total tax
129 106
81 649
13 125
64 410
After tax
79 394
126 851
195 375
144 090
Living cost
43 049
43 049
43 049
43 049
Free-cash
36 345
83 802
152 326
101 041

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78225
₽62413
₽86230
₽87234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
social contributions

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

-
-
-
72 453
income
-
-
-
26 462
surtax
-
-
-
-
total
-
-
-
98 915
Employee
45 982
-
168 484
-
income
9 564
-
56 178
-
social contributions
5 058
-
18 533
-
surtax
-
-
-
-
total
14 622
-
74 711
-
Employer
45 982
-
168 484
-
social contributions
10 921
-
40 016
-
total
10 921
-
40 016
-
Corporate
151 597
208 500
-
-
surtax
-
-
-
-
income
31 834
43 785
-
-
total
31 834
43 785
-
-
Dividends
119 762
164 715
-
-
withholding
33 533
46 121
-
-
total
33 533
46 121
-
-
Income
208 500
208 500
208 500
208 500
Total tax
90 910
89 906
114 727
98 915
After tax
117 590
118 594
93 773
109 585
Living cost
31 360
31 360
31 360
31 360
Free-cash
86 230
87 234
62 413
78 225

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽67229
₽62162
₽63668
₽56797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
6 464
social contributions
-
-
-
5 940
health
-
-
-
9 828
income
-
-
-
36 660
surtax
-
-
-
-
pensions
-
-
-
34 091
total
-
-
-
92 983
Employee
62 618
-
159 755
-
income
5 464
-
32 974
-
pensions
7 083
-
11 778
-
social contributions
1 783
-
4 552
-
surtax
-
-
-
-
total
14 330
-
49 304
-
Employer
62 618
-
159 755
-
pensions
10 289
-
19 708
-
other
2 161
-
6 516
-
health
4 383
-
15 572
-
unemployment
2 537
-
6 470
-
social contributions
188
-
480
-
total
19 558
-
48 746
-
Corporate
126 324
208 500
-
-
surtax
-
-
-
-
income
35 371
58 379
-
-
total
35 371
58 379
-
-
Dividends
90 953
150 121
-
-
surtax
-
-
-
-
social contributions
15 643
25 820
-
-
withholding
11 642
19 216
-
-
total
27 285
45 036
-
-
Income
208 500
208 500
208 500
208 500
Total tax
96 544
103 415
98 050
92 983
After tax
111 956
105 085
110 450
115 517
Living cost
48 288
48 288
48 288
48 288
Free-cash
63 668
56 797
62 162
67 229

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122386
₽127928
₽154238
₽157598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
45 869
income
-
-
-
10 192
total
-
-
-
56 061
Employee
32 142
-
180 519
-
social contributions
2 089
-
11 733
-
income
-
-
10 807
-
total
2 089
-
22 540
-
Employer
32 142
-
180 519
-
social contributions
4 982
-
27 979
-
total
4 982
-
27 979
-
Corporate
171 376
208 500
-
-
income
17 138
20 849
-
-
total
17 138
20 849
-
-
Dividends
154 238
187 651
-
-
total
-
-
-
-
Income
208 500
208 500
208 500
208 500
Total tax
24 209
20 849
50 519
56 061
After tax
184 291
187 651
157 981
152 439
Living cost
30 053
30 053
30 053
30 053
Free-cash
154 238
157 598
127 928
122 386

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72930
-₽9425
-₽9425
-₽9425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
municipal
-
-
-
44 391
national
-
-
-
25 530
labour market
-
-
-
16 611
pensions
-
-
-
867
total
-
-
-
87 399
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
208 500
208 500
208 500
208 500
Total tax
169 754
169 754
169 754
87 399
After tax
38 746
38 746
38 746
121 101
Living cost
48 171
48 171
48 171
48 171
Free-cash
-9 425
-9 425
-9 425
72 930

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120821
₽92823
₽13577
-₽4703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
59 150
pensions
-
-
-
4 145
total
-
-
-
66 088
Employee
33 964
-
189 709
-
income
4 659
-
45 974
-
pensions
3 825
-
7 600
-
health
3 889
-
21 722
-
total
12 373
-
75 296
-
Employer
33 964
-
189 709
-
pensions
5 522
-
10 974
-
accident
567
-
3 168
-
unemployment
832
-
4 648
-
total
6 921
-
18 790
-
Corporate
167 614
208 500
-
-
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.

150 853
187 650
-
-
total
150 853
187 650
-
-
Dividends
16 761
20 850
-
-
withholding
3 185
3 962
-
-
total
3 185
3 962
-
-
Income
208 500
208 500
208 500
208 500
Total tax
173 332
191 612
94 086
66 088
After tax
35 168
16 888
114 414
142 412
Living cost
21 591
21 591
21 591
21 591
Free-cash
13 577
-4 703
92 823
120 821

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91390
₽67509
₽93342
₽90252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
208 500
municipal
-
-
-
37 027
health
-
-
-
2 793
national
-
-
-
38 906
total
-
-
-
78 726
Employee
52 601
-
175 402
-
pensions
3 550
-
11 839
-
national
869
-
24 198
-
municipal
8 616
-
28 556
-
unemployment
789
-
2 632
-
health
393
-
2 284
-
total
14 217
-
69 509
-
Employer
52 601
-
175 402
-
pensions
9 126
-
30 432
-
accident
53
-
175
-
health
404
-
1 351
-
unemployment
342
-
1 140
-
total
9 925
-
33 098
-
Corporate
145 975
208 500
-
-
income
29 195
41 700
-
-
total
29 195
41 700
-
-
Dividends

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

87 584
125 100
-
-
municipal
15 765
22 519
-
-
national
7 672
15 645
-
-
total
23 437
38 164
-
-
Income
208 500
208 500
208 500
208 500
Total tax
76 774
79 864
102 607
78 726
After tax
131 726
128 636
105 893
129 774
Living cost
38 384
38 384
38 384
38 384
Free-cash
93 342
90 252
67 509
91 390

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117741
₽115994
₽123408
₽128848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
16 176
health
-
-
-
5 316
income
-
-
-
46 119
total
-
-
-
67 611
Employee
76 879
76 879
196 263
-
income
8 371
7 117
45 178
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
3 337
-
total
11 874
14 805
57 121
-
Employer
76 879
76 879
196 263
-
health
647
1 423
3 631
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
12 237
-
Corporate
169 925
123 818
-
-
income
21 240
15 478
-
-
total
21 240
15 478
-
-
Dividends
148 685
108 340
-
-
withholding
25 276
18 417
-
-
total
25 276
18 417
-
-
Income
208 500
208 500
208 500
208 500
Total tax
61 944
56 504
69 358
67 611
After tax
146 556
151 996
139 142
140 889
Living cost
23 148
23 148
23 148
23 148
Free-cash
123 408
128 848
115 994
117 741

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161139
₽141085
₽151697
₽156786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
208 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
21 481
pensions
-
-
-
6 360
total
-
-
-
31 487
Employee

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

22 948
-
198 729
-
income
1 569
-
19 003
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
41 770
-
Employer

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

22 948
-
198 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
183 189
208 500
-
-
income
16 487
18 764
-
-
total
16 487
18 764
-
-
Dividends
166 702
189 736
-
-
withholding
15 004
17 076
-
-
total
15 004
17 076
-
-
Income
208 500
208 500
208 500
208 500
Total tax
40 929
35 840
51 541
31 487
After tax
167 571
172 660
156 959
177 013
Living cost
15 874
15 874
15 874
15 874
Free-cash
151 697
156 786
141 085
161 139

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89155
₽84960
₽106678
₽111096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
64 051
pensions
-
-
-
26 224
total
-
-
-
91 852
Employee
36 968
-
178 957
-
income
7 127
-
60 619
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
66 504
-
Employer
36 968
-
178 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
159 746
208 500
-
-
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.

23 963
31 275
-
-
total
23 963
31 275
-
-
Dividends
135 783
177 225
-
-
withholding
29 106
38 636
-
-
total
29 106
38 636
-
-
Income
208 500
208 500
208 500
208 500
Total tax
74 329
69 911
96 047
91 852
After tax
134 171
138 589
112 453
116 648
Living cost
27 493
27 493
27 493
27 493
Free-cash
106 678
111 096
84 960
89 155

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131179
₽130983
₽126916
₽127366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
health
-
-
-
1 448
income
-
-
-
71 138
pensions
-
-
-
1 997
total
-
-
-
74 583
Employee
4 171
-
206 253
-
income
807
-
71 033
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
72 531
-
Employer
4 171
-
206 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
203 391
208 500
-
-
income
44 746
45 870
-
-
total
44 746
45 870
-
-
Dividends
158 645
162 630
-
-
withholding
31 729
32 526
-
-
total
31 729
32 526
-
-
Income
208 500
208 500
208 500
208 500
Total tax
78 846
78 396
74 779
74 583
After tax
129 654
130 104
133 721
133 917
Living cost
2 738
2 738
2 738
2 738
Free-cash
126 916
127 366
130 983
131 179

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115325
₽115325
₽128428
₽133348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
47 948
pensions
-
-
-
19 214
total
-
-
-
75 882
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.

26 076
-
195 272
-
income
3 594
-
47 948
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
62 654
-
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.

26 076
-
195 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
177 756
208 500
-
-
income
26 663
31 275
-
-
total
26 663
31 275
-
-
Dividends
151 093
177 225
-
-
withholding
22 664
26 584
-
-
total
22 664
26 584
-
-
Income
208 500
208 500
208 500
208 500
Total tax
62 779
57 859
75 882
75 882
After tax
145 721
150 641
132 618
132 618
Living cost
17 293
17 293
17 293
17 293
Free-cash
128 428
133 348
115 325
115 325

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82631
₽66819
₽91281
₽91640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
social contributions

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

-
-
-
72 453
income
-
-
-
26 462
surtax
-
-
-
-
total
-
-
-
98 915
Employee
38 804
-
168 484
-
income
7 582
-
56 178
-
social contributions
4 269
-
18 533
-
surtax
-
-
-
-
total
11 851
-
74 711
-
Employer
38 804
-
168 484
-
social contributions
9 215
-
40 016
-
total
9 215
-
40 016
-
Corporate
160 481
208 500
-
-
surtax
-
-
-
-
income
33 701
43 785
-
-
total
33 701
43 785
-
-
Dividends
126 780
164 715
-
-
withholding
35 498
46 121
-
-
total
35 498
46 121
-
-
Income
208 500
208 500
208 500
208 500
Total tax
90 265
89 906
114 727
98 915
After tax
118 235
118 594
93 773
109 585
Living cost
26 954
26 954
26 954
26 954
Free-cash
91 281
91 640
66 819
82 631

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81511
₽77316
₽96908
₽103452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
64 051
pensions
-
-
-
26 224
total
-
-
-
91 852
Employee
48 285
-
178 957
-
income
10 085
-
60 619
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
66 504
-
Employer
48 285
-
178 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
144 820
208 500
-
-
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.

21 724
31 275
-
-
total
21 724
31 275
-
-
Dividends
123 097
177 225
-
-
withholding
26 188
38 636
-
-
total
26 188
38 636
-
-
Income
208 500
208 500
208 500
208 500
Total tax
76 455
69 911
96 047
91 852
After tax
132 045
138 589
112 453
116 648
Living cost
35 137
35 137
35 137
35 137
Free-cash
96 908
103 452
77 316
81 511

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150695
₽159221
₽154971
₽161064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
31 275
pensions

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

-
-
-
5 170
total
-
-
-
40 602
Employee
22 779
-
201 647
-
income
2 278
-
20 165
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
25 223
-
Employer
22 779
-
201 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
181 252
208 500
-
-
income
18 125
20 850
-
-
total
18 125
20 850
-
-
Dividends
163 127
187 650
-
-
withholding
8 156
9 383
-
-
total
8 156
9 383
-
-
Income
208 500
208 500
208 500
208 500
Total tax
36 326
30 233
32 076
40 602
After tax
172 174
178 267
176 424
167 898
Living cost
17 203
17 203
17 203
17 203
Free-cash
154 971
161 064
159 221
150 695

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68039
₽91288
₽81730
₽68651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
trade
-
-
-
23 249
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.

-
-
-
6 830
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.

-
-
-
68 042
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.

-
-
-
3 741
total
-
-
-
101 862
Employee

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

49 746
-
208 500
-
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.

226
-
3 741
-
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.

4 091
-
68 042
-
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.

6 830
-
6 830
-
total
11 147
-
78 613
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 754
208 500
-
-
trade
22 781
29 920
-
-
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.

1 309
1 721
-
-
income
23 813
31 275
-
-
chamber of commerce
385
457
-
-
total
48 288
63 373
-
-
Dividends
110 467
145 127
-
-
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.

1 499
1 975
-
-
withholding
27 237
35 902
-
-
total
28 736
37 877
-
-
Income
208 500
208 500
208 500
208 500
Total tax
88 171
101 250
78 613
101 862
After tax
120 329
107 250
129 887
106 638
Living cost
38 599
38 599
38 599
38 599
Free-cash
81 730
68 651
91 288
68 039

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49136
₽49136
₽91206
₽88998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
35 537
income
-
-
-
66 875
total
-
-
-
102 412
Employee
78 205
-
208 500
-
social contributions
6 497
-
35 537
-
income
14 757
-
66 875
-
total
21 254
-
102 412
-
Employer
78 205
-
208 500
-
total
-
-
-
-
Corporate
130 295
208 500
-
-
income
16 286
26 063
-
-
total
16 286
26 063
-
-
Dividends
114 008
182 437
-
-
withholding
22 802
36 487
-
-
total
22 802
36 487
-
-
Income
208 500
208 500
208 500
208 500
Total tax
60 342
62 550
102 412
102 412
After tax
148 158
145 950
106 088
106 088
Living cost
56 952
56 952
56 952
56 952
Free-cash
91 206
88 998
49 136
49 136

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134256
₽109979
₽97446
₽93951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
health

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

-
-
-
6 677
income
-
-
-
31 275
total
-
-
-
37 952
Employee
45 864
-
203 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
53 031
-
total
9 572
-
57 630
-
Employer
45 864
-
203 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
158 041
208 500
-
-
income
55 313
72 975
-
-
total
55 313
72 975
-
-
Dividends
102 727
135 525
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
208 500
208 500
208 500
208 500
Total tax
74 762
78 257
62 229
37 952
After tax
133 738
130 243
146 271
170 548
Living cost
36 292
36 292
36 292
36 292
Free-cash
97 446
93 951
109 979
134 256

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98549
₽79852
₽101697
₽95744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
income
-
-
-
62 916
pensions
-
-
-
9 676
total
-
-
-
72 592
Employee
51 281
-
181 846
-
income
9 339
-
50 450
-
pensions
3 914
-
11 672
-
health
669
-
2 514
-
total
13 922
-
64 636
-
Employer
51 281
-
181 846
-
pensions
5 181
-
23 198
-
health
975
-
3 455
-
total
6 156
-
26 653
-
Corporate
151 063
208 500
-
-
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.

28 703
39 614
-
-
total
28 703
39 614
-
-
Dividends
122 361
168 886
-
-
withholding
20 663
35 783
-
-
total
20 663
35 783
-
-
Income
208 500
208 500
208 500
208 500
Total tax
69 444
75 397
91 289
72 592
After tax
139 056
133 103
117 211
135 908
Living cost
37 359
37 359
37 359
37 359
Free-cash
101 697
95 744
79 852
98 549

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽118684
₽90686
₽13249
-₽6840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
59 150
pensions
-
-
-
4 145
total
-
-
-
66 088
Employee
37 326
-
189 709
-
income
5 121
-
45 974
-
pensions
4 203
-
7 600
-
health
4 274
-
21 722
-
total
13 598
-
75 296
-
Employer
37 326
-
189 709
-
pensions
6 069
-
10 974
-
accident
623
-
3 168
-
unemployment
914
-
4 648
-
total
7 606
-
18 790
-
Corporate
163 568
208 500
-
-
income

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

147 211
187 650
-
-
total
147 211
187 650
-
-
Dividends
16 357
20 850
-
-
withholding
3 108
3 962
-
-
total
3 108
3 962
-
-
Income
208 500
208 500
208 500
208 500
Total tax
171 523
191 612
94 086
66 088
After tax
36 977
16 888
114 414
142 412
Living cost
23 728
23 728
23 728
23 728
Free-cash
13 249
-6 840
90 686
118 684

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116176
₽138153
₽142978
₽146001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
208 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
34 867
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
78 823
Employee

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

21 601
-
208 500
-
income
2 160
-
34 867
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
56 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 899
208 500
-
-
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%.

18 690
20 850
-
-
total
18 690
20 850
-
-
Dividends
168 209
187 650
-
-
withholding
25 231
28 148
-
-
total
25 231
28 148
-
-
Income
208 500
208 500
208 500
208 500
Total tax
52 021
48 998
56 846
78 823
After tax
156 479
159 502
151 654
129 677
Living cost
13 501
13 501
13 501
13 501
Free-cash
142 978
146 001
138 153
116 176

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57081
₽48871
₽65446
₽69993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
208 500
social contributions
-
-
-
50 039
municipal
-
-
-
1 427
national
-
-
-
55 181
regional
-
-
-
4 943
total
-
-
-
111 590
Employee
84 248
-
208 500
-
national
14 237
-
48 487
-
social contributions
28 408
-
65 602
-
municipal
503
-
1 286
-
regional
1 272
-
4 425
-
total
44 420
-
119 800
-
Employer
84 248
-
208 500
-
total
-
-
-
-
Corporate
124 252
208 500
-
-
nationa
29 820
50 041
-
-
municipal
5 990
10 050
-
-
total
35 810
60 091
-
-
Dividends
88 443
148 409
-
-
withholding
22 995
38 587
-
-
total
22 995
38 587
-
-
Income
208 500
208 500
208 500
208 500
Total tax
103 225
98 678
119 800
111 590
After tax
105 275
109 822
88 700
96 910
Living cost
39 829
39 829
39 829
39 829
Free-cash
65 446
69 993
48 871
57 081

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
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.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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