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
₽ 212500
per

Your estimated
City
free-cash

Dresden , Germany
₽76656
₽101732
₽75628
₽87781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income

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

-
-
-
69 605
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.

-
-
-
3 829
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.

-
-
-
6 871
trade
-
-
-
26 104
total
-
-
-
106 409
Employee

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

38 468
-
212 500
-
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
-
3 829
-
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.

1 075
-
69 605
-
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.

6 871
-
6 871
-
total
8 005
-
80 305
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 032
212 500
-
-
income
26 106
31 875
-
-
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.

1 435
1 754
-
-
chamber of commerce
403
458
-
-
trade
27 409
33 469
-
-
total
55 353
67 556
-
-
Dividends
118 679
144 943
-
-
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.

1 611
1 972
-
-
withholding
29 287
35 853
-
-
total
30 898
37 825
-
-
Income
212 500
212 500
212 500
212 500
Total tax
94 256
105 381
80 305
106 409
After tax
118 244
107 119
132 195
106 091
Living cost
30 463
30 463
30 463
30 463
Free-cash
87 781
76 656
101 732
75 628

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79189
₽70561
₽69420
₽78300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
social contributions
-
-
-
2 284
municipal
-
-
-
23 470
national
-
-
-
38 415
pensions
-
-
-
25 500
total
-
-
-
89 669
Employee
82 797
-
183 704
-
municipal
10 227
-
24 292
-
pensions
3 312
-
7 348
-
national
15 847
-
40 217
-
total
29 386
-
71 857
-
Employer
82 797
-
183 704
-
pensions
6 624
-
14 696
-
social contributions
890
-
1 975
-
total
7 514
-
16 671
-
Corporate
116 725
212 500
-
-
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%.

23 345
42 500
-
-
total
23 345
42 500
-
-
Dividends
93 380
170 000
-
-
withholding
20 544
37 400
-
-
total
20 544
37 400
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 789
79 900
88 528
89 669
After tax
131 711
132 600
123 972
122 831
Living cost
53 411
53 411
53 411
53 411
Free-cash
78 300
79 189
70 561
69 420

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149075
₽70741
₽55443
₽140827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
43 411
surtax
-
-
-
54 187
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
136 133
Employee
29 388
-
165 428
-
surtax
-
-
23 987
-
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.

3 233
-
13 185
-
income
5 231
-
36 591
-
total
8 464
-
73 763
-
Employer
29 388
-
165 428
-
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.

7 079
-
28 875
-
surtax
-
-
18 197
-
total
7 079
-
47 072
-
Corporate
176 033
212 500
-
-
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%.

35 206
42 501
-
-
total
35 206
42 501
-
-
Dividends

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

140 827
169 999
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
50 749
42 501
120 835
136 133
After tax
161 751
169 999
91 665
76 367
Living cost
20 924
20 924
20 924
20 924
Free-cash
140 827
149 075
70 741
55 443

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63601
₽93797
₽72727
₽57440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
73 455
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
97 641
Employee
85 887
85 887
193 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
33 694
-
health
13 183
11 213
12 402
-
total
42 701
37 055
57 880
-
Employer
85 887
85 887
193 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
112 627
111 573
-
-
income
22 525
22 315
-
-
total
22 525
22 315
-
-
Dividends
90 102
89 258
-
-
income
19 147
18 968
-
-
withholding
13 515
13 389
-
-
total
32 662
32 357
-
-
Income
212 500
212 500
212 500
212 500
Total tax
112 928
106 767
76 571
97 641
After tax
99 572
105 733
135 929
114 859
Living cost
42 132
42 132
42 132
42 132
Free-cash
57 440
63 601
93 797
72 727

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74819
₽65025
₽66025
₽73894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
55 566
national
-
-
-
23 541
pensions
-
-
-
9 762
total
-
-
-
105 269
Employee
58 715
-
184 125
-
municipal
17 509
-
54 906
-
national
-
-
22 988
-
total
17 509
-
77 894
-
Employer
58 715
-
184 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
135 337
212 500
-
-
income
29 774
46 750
-
-
total
29 774
46 750
-
-
Dividends
105 563
165 750
-
-
withholding
31 669
49 725
-
-
total
31 669
49 725
-
-
Income
212 500
212 500
212 500
212 500
Total tax
97 400
96 475
106 269
105 269
After tax
115 100
116 025
106 231
107 231
Living cost
41 206
41 206
41 206
41 206
Free-cash
73 894
74 819
65 025
66 025

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66516
₽92685
₽65421
₽80651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income

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

-
-
-
69 605
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.

-
-
-
3 829
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.

-
-
-
6 871
trade
-
-
-
27 264
total
-
-
-
107 569
Employee

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

51 004
-
212 500
-
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.

240
-
3 829
-
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.

4 382
-
69 605
-
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.

6 871
-
6 871
-
total
11 493
-
80 305
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 496
212 500
-
-
income
24 224
31 875
-
-
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.

1 332
1 754
-
-
chamber of commerce
382
454
-
-
trade
26 566
34 956
-
-
total
52 504
69 039
-
-
Dividends
108 993
143 460
-
-
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.

1 477
1 952
-
-
withholding
26 865
35 483
-
-
total
28 342
37 435
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 339
106 474
80 305
107 569
After tax
120 161
106 026
132 195
104 931
Living cost
39 510
39 510
39 510
39 510
Free-cash
80 651
66 516
92 685
65 421

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122285
₽109080
₽110852
₽118116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
47 335
social contributions
-
-
-
16 273
health
-
-
-
5 419
total
-
-
-
69 027
Employee
77 337
77 337
200 140
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
46 379
-
health
769
1 315
3 403
-
total
12 648
14 893
58 439
-
Employer
77 337
77 337
200 140
-
health
838
1 431
3 703
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 360
-
Corporate
162 634
127 313
-
-
income
20 328
15 914
-
-
total
20 328
15 914
-
-
Dividends
142 306
111 399
-
-
withholding
24 191
18 937
-
-
total
24 191
18 937
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 763
57 594
70 799
69 027
After tax
150 737
154 906
141 701
143 473
Living cost
32 621
32 621
32 621
32 621
Free-cash
118 116
122 285
109 080
110 852

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100845
₽104733
₽128755
₽101229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
25 978
unemployment
-
-
-
3 187
health
-
-
-
14 875
pensions
-
-
-
21 250
total
-
-
-
65 290
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.

26 641
10 603
177 824
-
unemployment
400
159
2 667
-
pensions
2 664
1 060
17 782
-
income
3 257
1 296
21 739
-
health
1 865
742
12 448
-
total
8 186
3 257
54 636
-
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.

26 641
10 603
177 824
-
pensions
5 195
2 068
34 676
-
total
5 195
2 068
34 676
-
Corporate
180 664
199 830
-
-
income
16 260
17 985
-
-
total
16 260
17 985
-
-
Dividends
164 405
181 845
-
-
social contributions
31 938
35 339
-
-
withholding
31 237
34 551
-
-
total
63 175
69 890
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 816
93 200
89 312
65 290
After tax
119 684
119 300
123 188
147 210
Living cost
18 455
18 455
18 455
18 455
Free-cash
101 229
100 845
104 733
128 755

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145707
₽98193
₽89608
₽139460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
28 474
health
-
-
-
27 625
pensions
-
-
-
42 501
total
-
-
-
98 600
Employee
28 531
-
158 817
-
unemployment
456
-
2 540
-
pensions
571
-
3 176
-
income
3 212
-
30 620
-
total
4 239
-
36 336
-
Employer
28 531
-
158 817
-
health
3 708
-
20 645
-
pensions
5 707
-
31 763
-
unemployment
229
-
1 271
-
total
9 644
-
53 679
-
Corporate
174 324
212 500
-
-
income
34 864
42 501
-
-
total
34 864
42 501
-
-
Dividends
139 460
169 999
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
48 747
42 501
90 015
98 600
After tax
163 753
169 999
122 485
113 900
Living cost
24 292
24 292
24 292
24 292
Free-cash
139 460
145 707
98 193
89 608

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5187
₽94191
₽122747
₽13777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
257
income
-
-
-
60 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 353
Employee
35 237
-
193 318
-
pensions
3 968
-
7 768
-
income
4 834
-
46 824
-
health
4 035
-
22 135
-
total
12 837
-
76 727
-
Employer
35 237
-
193 318
-
pensions
5 730
-
11 218
-
accident
588
-
3 228
-
unemployment
863
-
4 736
-
total
7 181
-
19 182
-
Corporate
170 082
212 500
-
-
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.

153 074
191 250
-
-
total
153 074
191 250
-
-
Dividends
17 008
21 250
-
-
withholding
3 231
4 037
-
-
total
3 231
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 323
195 287
95 909
67 353
After tax
36 177
17 213
116 591
145 147
Living cost
22 400
22 400
22 400
22 400
Free-cash
13 777
-5 187
94 191
122 747

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193735
₽161860
₽202235
₽192209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
212 500
microenterprise

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

-
-
-
2 125
total
-
-
-
2 125
Employee
10 174
-
212 500
-
income
2 035
-
42 500
-
total
2 035
-
42 500
-
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%.

202 326
212 500
-
-
total
-
-
-
-
Dividends
202 326
212 500
-
-
withholding
10 116
10 625
-
-
total
10 116
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 151
10 625
42 500
2 125
After tax
200 349
201 875
170 000
210 375
Living cost
8 140
8 140
8 140
8 140
Free-cash
192 209
193 735
161 860
202 235

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129325
₽97021
₽98806
₽122531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
36 195
other
-
-
-
7 264
health
-
-
-
6 730
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.

-
-
-
36 706
total
-
-
-
86 895
Employee
36 518
-
173 794
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
35 599
-
health
512
-
2 141
-
total
9 720
-
49 974
-
Employer
36 518
-
173 794
-
health
512
-
2 141
-
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.

6 209
-
26 001
-
accident
292
-
1 389
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 706
-
Corporate
166 779
212 500
-
-
income
35 023
44 625
-
-
total
35 023
44 625
-
-
Dividends
131 756
167 875
-
-
withholding
9 222
11 751
-
-
total
9 222
11 751
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 170
56 376
88 680
86 895
After tax
149 330
156 124
123 820
125 605
Living cost
26 799
26 799
26 799
26 799
Free-cash
122 531
129 325
97 021
98 806

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68315
₽52286
₽71319
₽76364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 599
pensions
-
-
-
9 723
total
-
-
-
74 322
Employee
94 595
-
185 294
-
pensions
9 126
-
11 693
-
income
17 052
-
51 911
-
health
1 559
-
2 546
-
total
27 737
-
66 150
-
Employer
94 595
-
185 294
-
health
1 797
-
3 520
-
pensions
11 169
-
23 685
-
total
12 966
-
27 205
-
Corporate
104 939
212 500
-
-
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.

19 938
40 374
-
-
total
19 938
40 374
-
-
Dividends
85 001
172 126
-
-
withholding
8 636
36 952
-
-
total
8 636
36 952
-
-
Income
212 500
212 500
212 500
212 500
Total tax
69 277
77 326
93 355
74 322
After tax
143 223
135 174
119 145
138 178
Living cost
66 859
66 859
66 859
66 859
Free-cash
76 364
68 315
52 286
71 319

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽168482
₽166739
₽158027
₽163803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 268
Employee
17 485
-
205 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
20 560
-
health
804
-
1 618
-
total
4 280
-
25 654
-
Employer
17 485
-
205 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
191 584
212 500
-
-
income
19 159
21 250
-
-
total
19 159
21 250
-
-
Dividends
172 425
191 250
-
-
withholding
8 621
9 563
-
-
total
8 621
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
35 492
30 813
32 556
41 268
After tax
177 008
181 687
179 944
171 232
Living cost
13 205
13 205
13 205
13 205
Free-cash
163 803
168 482
166 739
158 027

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49963
₽80159
₽59089
₽52494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
73 455
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
97 641
Employee
93 245
85 887
193 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
33 694
-
health
11 633
11 213
12 402
-
total
37 475
37 055
57 880
-
Employer
93 245
85 887
193 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
102 928
111 573
-
-
income
20 586
22 315
-
-
total
20 586
22 315
-
-
Dividends
82 342
89 258
-
-
income
17 498
18 968
-
-
withholding
12 351
13 389
-
-
total
29 849
32 357
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 236
106 767
76 571
97 641
After tax
108 264
105 733
135 929
114 859
Living cost
55 770
55 770
55 770
55 770
Free-cash
52 494
49 963
80 159
59 089

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽121313
₽89860
₽98951
₽112396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
22 177
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 728
health
-
-
-
28 687
total
-
-
-
88 556
Employee
36 754
-
166 705
-
solidarity contribution
-
-
912
-
social contributions
2 389
-
8 006
-
income
4 411
-
20 429
-
health
4 962
-
22 505
-
total
11 762
-
51 852
-
Employer
36 754
-
166 705
-
health
3 308
-
15 004
-
social contributions
9 189
-
30 791
-
total
12 497
-
45 795
-
Corporate
163 249
212 500
-
-
income
31 017
40 375
-
-
total
31 017
40 375
-
-
Dividends
132 232
172 125
-
-
withholding
19 835
25 819
-
-
total
19 835
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 111
66 194
97 647
88 556
After tax
137 389
146 306
114 853
123 944
Living cost
24 993
24 993
24 993
24 993
Free-cash
112 396
121 313
89 860
98 951

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70938
₽50585
₽59110
₽65688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
social contributions
-
-
-
50 337
regional
-
-
-
2 621
municipal
-
-
-
1 298
national
-
-
-
56 695
total
-
-
-
110 951
Employee
89 385
-
212 500
-
municipal
473
-
1 172
-
national
15 488
-
49 961
-
regional
843
-
2 350
-
social contributions
30 141
-
65 993
-
total
46 945
-
119 476
-
Employer
89 385
-
212 500
-
total
-
-
-
-
Corporate
123 115
212 500
-
-
municipal
4 802
8 287
-
-
nationa
29 547
51 000
-
-
total
34 349
59 287
-
-
Dividends
88 766
153 213
-
-
withholding
23 079
39 836
-
-
total
23 079
39 836
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 373
99 123
119 476
110 951
After tax
108 127
113 377
93 024
101 549
Living cost
42 439
42 439
42 439
42 439
Free-cash
65 688
70 938
50 585
59 110

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111469
₽71748
₽77898
₽108338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 030
other
-
-
-
-
surtax
-
-
-
10 774
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
112 409
Employee
33 259
-
184 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
9 572
-
income
5 575
-
59 014
-
health
849
-
3 422
-
total
11 066
-
90 304
-
Employer
33 259
-
184 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
172 240
212 500
-
-
income
44 783
55 250
-
-
total
44 783
55 250
-
-
Dividends
127 457
157 250
-
-
withholding
19 118
23 588
-
-
total
19 118
23 588
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 969
78 838
118 559
112 409
After tax
130 531
133 662
93 941
100 091
Living cost
22 193
22 193
22 193
22 193
Free-cash
108 338
111 469
71 748
77 898

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
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.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89498
₽73469
₽92502
₽96104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 599
pensions
-
-
-
9 723
total
-
-
-
74 322
Employee
63 395
-
185 294
-
pensions
5 381
-
11 693
-
income
11 418
-
51 911
-
health
920
-
2 546
-
total
17 719
-
66 150
-
Employer
63 395
-
185 294
-
health
1 204
-
3 520
-
pensions
6 863
-
23 685
-
total
8 067
-
27 205
-
Corporate
141 038
212 500
-
-
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.

26 796
40 374
-
-
total
26 796
40 374
-
-
Dividends
114 241
172 126
-
-
withholding
18 138
36 952
-
-
total
18 138
36 952
-
-
Income
212 500
212 500
212 500
212 500
Total tax
70 720
77 326
93 355
74 322
After tax
141 780
135 174
119 145
138 178
Living cost
45 676
45 676
45 676
45 676
Free-cash
96 104
89 498
73 469
92 502

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
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.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17425
₽81416
₽90041
₽51544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
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.

-
-
-
4 250
regional
-
-
-
11 402
health
-
-
-
477
city
-
-
-
2 241
national
-
-
-
4 792
pensions
-
-
-
19 552
total
-
-
-
42 714
Employee
93 322
-
190 745
-
unemployment
-
-
-
-
pensions
7 840
-
15 410
-
national
442
-
3 774
-
regional
3 056
-
10 013
-
city
1 002
-
2 056
-
health
211
-
430
-
total
12 551
-
31 683
-
Employer
93 322
-
190 745
-
health
211
-
430
-
pensions
7 840
-
15 410
-
unemployment
-
-
-
-
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.

1 866
-
3 816
-
total
9 917
-
19 656
-
Corporate
108 235
212 500
-
-
regional
22 892
44 945
-
-
national
9 200
18 063
-
-
total
32 092
63 008
-
-
Dividends
76 142
149 493
-
-
withholding
26 651
52 322
-
-
total
26 651
52 322
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 211
115 330
51 339
42 714
After tax
131 289
97 170
161 161
169 786
Living cost
79 745
79 745
79 745
79 745
Free-cash
51 544
17 425
81 416
90 041

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58858
₽86121
₽57696
₽75169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income

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

-
-
-
69 605
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.

-
-
-
3 829
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.

-
-
-
6 871
trade
-
-
-
28 425
total
-
-
-
108 730
Employee

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

60 444
-
212 500
-
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.

391
-
3 829
-
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.

7 108
-
69 605
-
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.

6 871
-
6 871
-
total
14 370
-
80 305
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 056
212 500
-
-
income
22 808
31 875
-
-
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.

1 254
1 754
-
-
chamber of commerce
366
452
-
-
trade
26 077
36 445
-
-
total
50 505
70 526
-
-
Dividends
101 551
141 974
-
-
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.

1 376
1 931
-
-
withholding
25 006
35 111
-
-
total
26 382
37 042
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 257
107 568
80 305
108 730
After tax
121 243
104 932
132 195
103 770
Living cost
46 074
46 074
46 074
46 074
Free-cash
75 169
58 858
86 121
57 696

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72690
₽77710
₽83067
₽78631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 772
other
-
-
-
6 587
surtax
-
-
-
-
social contributions
-
-
-
6 054
health
-
-
-
10 089
pensions
-
-
-
34 521
total
-
-
-
95 023
Employee
43 044
-
162 689
-
pensions
4 867
-
12 049
-
surtax
-
-
-
-
social contributions
1 227
-
4 636
-
income
2 540
-
33 883
-
total
8 634
-
50 568
-
Employer
43 044
-
162 689
-
health
3 014
-
15 923
-
pensions
7 071
-
20 152
-
unemployment
1 743
-
6 588
-
social contributions
130
-
489
-
other
1 485
-
6 660
-
total
13 443
-
49 812
-
Corporate
156 013
212 500
-
-
income
43 684
59 500
-
-
surtax
-
-
-
-
total
43 684
59 500
-
-
Dividends
112 329
153 000
-
-
surtax
-
-
-
-
social contributions
19 321
26 316
-
-
withholding
14 377
19 584
-
-
total
33 698
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 459
105 400
100 380
95 023
After tax
113 041
107 100
112 120
117 477
Living cost
34 410
34 410
34 410
34 410
Free-cash
78 631
72 690
77 710
83 067

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
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.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76099
₽81119
₽86476
₽81683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 772
other
-
-
-
6 587
surtax
-
-
-
-
social contributions
-
-
-
6 054
health
-
-
-
10 089
pensions
-
-
-
34 521
total
-
-
-
95 023
Employee
38 423
-
162 689
-
pensions
4 346
-
12 049
-
surtax
-
-
-
-
social contributions
1 096
-
4 636
-
income
1 981
-
33 883
-
total
7 423
-
50 568
-
Employer
38 423
-
162 689
-
health
2 689
-
15 923
-
pensions
6 314
-
20 152
-
unemployment
1 556
-
6 588
-
social contributions
115
-
489
-
other
1 326
-
6 660
-
total
12 000
-
49 812
-
Corporate
162 077
212 500
-
-
income
45 383
59 500
-
-
surtax
-
-
-
-
total
45 383
59 500
-
-
Dividends
116 695
153 000
-
-
surtax
-
-
-
-
social contributions
20 073
26 316
-
-
withholding
14 937
19 584
-
-
total
35 010
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 816
105 400
100 380
95 023
After tax
112 684
107 100
112 120
117 477
Living cost
31 001
31 001
31 001
31 001
Free-cash
81 683
76 099
81 119
86 476

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108317
₽109719
₽115140
₽108838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
social contributions
-
-
-
29 326
health
-
-
-
14 832
total
-
-
-
76 033
Employee
34 101
-
212 500
-
social contributions
4 707
-
29 326
-
income
5 688
-
37 296
-
health
2 380
-
14 832
-
total
12 775
-
81 454
-
Employer
34 101
-
212 500
-
total
-
-
-
-
Corporate
178 399
212 500
-
-
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%.

8 921
10 625
-
-
total
8 921
10 625
-
-
Dividends
169 478
201 875
-
-
social contributions
23 388
27 858
-
-
withholding
25 422
30 282
-
-
health
11 829
14 091
-
-
total
60 639
72 231
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 335
82 856
81 454
76 033
After tax
130 165
129 644
131 046
136 467
Living cost
21 327
21 327
21 327
21 327
Free-cash
108 838
108 317
109 719
115 140

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81802
₽20417
₽73648
₽80244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 472
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
849
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
103 413
Employee
50 263
40 080
174 340
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
54 574
-
health
1 945
1 552
4 546
-
total
14 824
10 214
75 853
-
Employer
50 263
40 080
174 340
-
chamber of commerce
200
160
697
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 230
-
other
2 388
1 903
7 797
-
total
14 662
11 732
38 161
-
Corporate
147 575
160 685
170 522
-
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.

36 893
40 172
42 630
-
total
36 893
40 172
42 630
-
Dividends
110 682
120 513
-
-
withholding
30 438
33 141
-
-
total
30 438
33 141
-
-
Income
212 500
212 500
212 500
212 500
Total tax
96 817
95 259
156 644
103 413
After tax
115 683
117 241
55 856
109 087
Living cost
35 439
35 439
35 439
35 439
Free-cash
80 244
81 802
20 417
73 648

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
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.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80711
₽36176
₽55685
₽67015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
communal

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

-
-
-
11 245
social contributions
-
-
-
25 075
national
-
-
-
83 824
total
-
-
-
120 144
Employee

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

71 942
-
164 585
-
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.

626
-
1 431
-
communal

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

3 752
-
8 585
-
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.

5 396
-
12 345
-
national
22 118
-
61 648
-
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.

3 380
-
7 736
-
total
35 272
-
91 745
-
Employer

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

71 942
-
164 585
-
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.

4 424
-
10 121
-
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.

6 375
-
14 582
-
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.

935
-
2 140
-
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.

1 050
-
2 403
-
surtax
8 157
-
18 662
-
total
20 941
-
47 908
-
Corporate
119 617
212 500
-
-
income
23 924
44 447
-
-
surtax
479
889
-
-
total
24 403
45 336
-
-
Dividends
95 214
167 163
-
-
withholding

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

28 198
49 782
-
-
total
28 198
49 782
-
-
Income
212 500
212 500
212 500
212 500
Total tax
108 814
95 118
139 653
120 144
After tax
103 686
117 382
72 847
92 356
Living cost
36 671
36 671
36 671
36 671
Free-cash
67 015
80 711
36 176
55 685

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104896
₽78318
₽82536
₽98006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
840
income
-
-
-
65 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
93 642
Employee
50 064
-
182 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
62 221
-
total
13 743
-
68 142
-
Employer
50 064
-
182 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
146 479
212 500
-
-
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.

21 972
31 875
-
-
total
21 972
31 875
-
-
Dividends
124 507
180 625
-
-
withholding
26 499
39 407
-
-
total
26 499
39 407
-
-
Income
212 500
212 500
212 500
212 500
Total tax
78 172
71 282
97 860
93 642
After tax
134 328
141 218
114 640
118 858
Living cost
36 322
36 322
36 322
36 322
Free-cash
98 006
104 896
78 318
82 536

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66800
₽54920
₽46448
₽53057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
communal
-
-
-
13 431
accident
-
-
-
1 792
income
-
-
-
38 856
surtax
-
-
-
10 535
health
-
-
-
14 931
pensions
-
-
-
31 851
total
-
-
-
111 396
Employee
76 164
-
189 816
-
pensions
6 092
-
15 185
-
surtax
4 668
-
11 633
-
income
7 357
-
44 975
-
health
3 390
-
8 447
-
total
21 507
-
80 240
-
Employer
76 164
-
189 816
-
health
2 323
-
5 791
-
pensions
6 092
-
15 185
-
accident
685
-
1 708
-
total
9 100
-
22 684
-
Corporate
127 235
212 500
-
-
communal
8 589
14 343
-
-
income
19 086
31 875
-
-
surtax
1 336
2 231
-
-
total
29 011
48 449
-
-
Dividends
98 225
164 050
-
-
income
30 435
17 987
-
-
withholding
14 734
24 608
-
-
total
45 169
42 595
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 787
91 044
102 924
111 396
After tax
107 713
121 456
109 576
101 104
Living cost
54 656
54 656
54 656
54 656
Free-cash
53 057
66 800
54 920
46 448

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111072
₽71351
₽77501
₽107872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 030
other
-
-
-
-
surtax
-
-
-
10 774
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
112 409
Employee
33 870
-
184 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
9 572
-
income
5 678
-
59 014
-
health
865
-
3 422
-
total
11 280
-
90 304
-
Employer
33 870
-
184 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
171 499
212 500
-
-
income
44 591
55 250
-
-
total
44 591
55 250
-
-
Dividends
126 909
157 250
-
-
withholding
19 036
23 588
-
-
total
19 036
23 588
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 038
78 838
118 559
112 409
After tax
130 462
133 662
93 941
100 091
Living cost
22 590
22 590
22 590
22 590
Free-cash
107 872
111 072
71 351
77 501

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84600
₽65306
₽73786
₽82368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
social contributions
-
-
-
50 337
regional
-
-
-
3 291
municipal
-
-
-
1 298
national
-
-
-
56 695
total
-
-
-
111 621
Employee
55 790
-
212 500
-
municipal
296
-
1 172
-
national
8 839
-
49 961
-
regional
751
-
2 975
-
social contributions
18 813
-
65 993
-
total
28 699
-
120 101
-
Employer
55 790
-
212 500
-
total
-
-
-
-
Corporate
156 710
212 500
-
-
municipal
7 789
10 562
-
-
nationa
37 611
51 000
-
-
total
45 400
61 562
-
-
Dividends
111 310
150 938
-
-
withholding
28 940
39 245
-
-
total
28 940
39 245
-
-
Income
212 500
212 500
212 500
212 500
Total tax
103 039
100 807
120 101
111 621
After tax
109 461
111 693
92 399
100 879
Living cost
27 093
27 093
27 093
27 093
Free-cash
82 368
84 600
65 306
73 786

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115508
₽84055
₽93146
₽104521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
22 177
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 728
health
-
-
-
28 687
total
-
-
-
88 556
Employee
45 291
-
166 705
-
solidarity contribution
-
-
912
-
social contributions
2 944
-
8 006
-
income
5 435
-
20 429
-
health
6 114
-
22 505
-
total
14 493
-
51 852
-
Employer
45 291
-
166 705
-
health
4 076
-
15 004
-
social contributions
11 323
-
30 791
-
total
15 399
-
45 795
-
Corporate
151 810
212 500
-
-
income
28 844
40 375
-
-
total
28 844
40 375
-
-
Dividends
122 966
172 125
-
-
withholding
18 445
25 819
-
-
total
18 445
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 181
66 194
97 647
88 556
After tax
135 319
146 306
114 853
123 944
Living cost
30 798
30 798
30 798
30 798
Free-cash
104 521
115 508
84 055
93 146

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85260
₽23819
₽77198
₽84761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 472
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
849
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
103 215
Employee
43 964
40 080
174 523
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
54 662
-
health
1 701
1 552
4 546
-
total
11 877
10 214
75 941
-
Employer
43 964
40 080
174 523
-
chamber of commerce
176
160
699
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 235
-
other
2 088
1 903
7 804
-
total
12 653
11 534
37 977
-
Corporate
155 884
160 884
170 706
-
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.

38 972
40 222
42 676
-
total
38 972
40 222
42 676
-
Dividends
116 912
120 662
-
-
withholding
32 150
33 183
-
-
total
32 150
33 183
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 652
95 153
156 594
103 215
After tax
116 848
117 347
55 906
109 285
Living cost
32 087
32 087
32 087
32 087
Free-cash
84 761
85 260
23 819
77 198

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189191
₽157316
₽197691
₽186813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
212 500
microenterprise

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

-
-
-
2 125
total
-
-
-
2 125
Employee
15 855
-
212 500
-
income
3 171
-
42 500
-
total
3 171
-
42 500
-
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%.

196 645
212 500
-
-
total
-
-
-
-
Dividends
196 645
212 500
-
-
withholding
9 832
10 625
-
-
total
9 832
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
13 003
10 625
42 500
2 125
After tax
199 497
201 875
170 000
210 375
Living cost
12 684
12 684
12 684
12 684
Free-cash
186 813
189 191
157 316
197 691

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119331
₽68518
₽73131
₽110915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
52 356
unemployment
-
-
-
319
health
-
-
-
20 911
pensions
-
-
-
38 807
total
-
-
-
112 393
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.

44 474
-
183 871
-
unemployment
63
-
258
-
pensions
6 894
-
28 499
-
income
7 670
-
47 742
-
health
2 872
-
11 877
-
total
17 499
-
88 376
-
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.

44 474
-
183 871
-
health
2 962
-
12 246
-
pensions
3 936
-
16 273
-
unemployment
27
-
111
-
total
6 925
-
28 630
-
Corporate
161 101
212 500
-
-
income
30 610
40 374
-
-
total
30 610
40 374
-
-
Dividends
130 491
172 126
-
-
withholding
19 575
25 819
-
-
total
19 575
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 609
66 193
117 006
112 393
After tax
137 891
146 307
95 494
100 107
Living cost
26 976
26 976
26 976
26 976
Free-cash
110 915
119 331
68 518
73 131

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85282
₽155081
₽102852
₽36774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
41 420
social contributions
-
-
-
24 225
total
-
-
-
65 645
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
60 442
212 500
-
-
income
13 297
46 750
-
-
total
13 297
46 750
-
-
Dividends
47 145
165 750
-
-
income
10 372
36 465
-
-
total
10 372
36 465
-
-
Income
212 500
212 500
212 500
212 500
Total tax
131 723
83 215
13 416
65 645
After tax
80 777
129 285
199 084
146 855
Living cost
44 003
44 003
44 003
44 003
Free-cash
36 774
85 282
155 081
102 852

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89323
₽63873
₽79989
₽88309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
27 120
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
total
-
-
-
100 964
Employee
46 257
-
171 717
-
surtax
-
-
4
-
social contributions
5 088
-
18 889
-
income
9 622
-
57 404
-
total
14 710
-
76 297
-
Employer
46 257
-
171 717
-
social contributions
10 986
-
40 783
-
total
10 986
-
40 783
-
Corporate
155 258
212 500
-
-
income
32 605
44 625
-
-
surtax
-
-
-
-
total
32 605
44 625
-
-
Dividends
122 653
167 875
-
-
withholding
34 343
47 005
-
-
total
34 343
47 005
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 644
91 630
117 080
100 964
After tax
119 856
120 870
95 420
111 536
Living cost
31 547
31 547
31 547
31 547
Free-cash
88 309
89 323
63 873
79 989

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58524
₽63544
₽68901
₽65439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 772
other
-
-
-
6 587
surtax
-
-
-
-
social contributions
-
-
-
6 054
health
-
-
-
10 089
pensions
-
-
-
34 521
total
-
-
-
95 023
Employee
62 992
-
162 689
-
pensions
7 125
-
12 049
-
surtax
-
-
-
-
social contributions
1 794
-
4 636
-
income
5 496
-
33 883
-
total
14 415
-
50 568
-
Employer
62 992
-
162 689
-
health
4 409
-
15 923
-
pensions
10 350
-
20 152
-
unemployment
2 552
-
6 588
-
social contributions
189
-
489
-
other
2 174
-
6 660
-
total
19 674
-
49 812
-
Corporate
129 834
212 500
-
-
income
36 353
59 500
-
-
surtax
-
-
-
-
total
36 353
59 500
-
-
Dividends
93 481
153 000
-
-
surtax
-
-
-
-
social contributions
16 078
26 316
-
-
withholding
11 965
19 584
-
-
total
28 043
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
98 485
105 400
100 380
95 023
After tax
114 015
107 100
112 120
117 477
Living cost
48 576
48 576
48 576
48 576
Free-cash
65 439
58 524
63 544
68 901

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
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.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161018
₽130696
₽125050
₽157640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
10 467
social contributions
-
-
-
46 751
total
-
-
-
57 218
Employee
32 334
-
183 982
-
income
-
-
11 095
-
social contributions
2 101
-
11 959
-
total
2 101
-
23 054
-
Employer
32 334
-
183 982
-
social contributions
5 012
-
28 518
-
total
5 012
-
28 518
-
Corporate
175 154
212 500
-
-
income
17 515
21 250
-
-
total
17 515
21 250
-
-
Dividends
157 639
191 250
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
24 628
21 250
51 572
57 218
After tax
187 872
191 250
160 928
155 282
Living cost
30 232
30 232
30 232
30 232
Free-cash
157 640
161 018
130 696
125 050

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6526
-₽6526
₽74868
-₽6526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
labour market
-
-
-
16 930
municipal
-
-
-
45 317
national
-
-
-
26 100
pensions
-
-
-
871
total
-
-
-
89 218
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
170 612
170 612
170 612
89 218
After tax
41 888
41 888
41 888
123 282
Living cost
48 414
48 414
48 414
48 414
Free-cash
-6 526
-6 526
-6 526
74 868

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4857
₽94521
₽123077
₽13826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
257
income
-
-
-
60 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 353
Employee
34 717
-
193 318
-
pensions
3 909
-
7 768
-
income
4 763
-
46 824
-
health
3 975
-
22 135
-
total
12 647
-
76 727
-
Employer
34 717
-
193 318
-
pensions
5 645
-
11 218
-
accident
580
-
3 228
-
unemployment
851
-
4 736
-
total
7 076
-
19 182
-
Corporate
170 707
212 500
-
-
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.

153 637
191 250
-
-
total
153 637
191 250
-
-
Dividends
17 071
21 250
-
-
withholding
3 244
4 037
-
-
total
3 244
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 604
195 287
95 909
67 353
After tax
35 896
17 213
116 591
145 147
Living cost
22 070
22 070
22 070
22 070
Free-cash
13 826
-4 857
94 521
123 077

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92346
₽68972
₽93311
₽95456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
212 500
health
-
-
-
2 853
municipal
-
-
-
37 737
national
-
-
-
39 986
total
-
-
-
80 576
Employee
52 914
-
178 766
-
municipal
8 667
-
29 104
-
unemployment
794
-
2 682
-
pensions
3 571
-
12 066
-
national
874
-
24 997
-
health
395
-
2 332
-
total
14 301
-
71 181
-
Employer
52 914
-
178 766
-
health
407
-
1 376
-
pensions
9 180
-
31 017
-
accident
53
-
179
-
unemployment
344
-
1 162
-
total
9 984
-
33 734
-
Corporate
149 602
212 500
-
-
income
29 921
42 501
-
-
total
29 921
42 501
-
-
Dividends

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

89 760
127 500
-
-
municipal
16 156
22 951
-
-
national
8 069
16 089
-
-
total
24 225
39 040
-
-
Income
212 500
212 500
212 500
212 500
Total tax
78 431
81 541
104 915
80 576
After tax
134 069
130 959
107 585
131 924
Living cost
38 613
38 613
38 613
38 613
Free-cash
95 456
92 346
68 972
93 311

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131620
₽118415
₽120187
₽126146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
47 335
social contributions
-
-
-
16 273
health
-
-
-
5 419
total
-
-
-
69 027
Employee
77 337
77 337
200 140
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
46 379
-
health
599
1 315
3 403
-
total
11 944
14 893
58 439
-
Employer
77 337
77 337
200 140
-
health
651
1 431
3 703
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 360
-
Corporate
173 695
127 313
-
-
income
21 712
15 914
-
-
total
21 712
15 914
-
-
Dividends
151 983
111 399
-
-
withholding
25 837
18 937
-
-
total
25 837
18 937
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 068
57 594
70 799
69 027
After tax
149 432
154 906
141 701
143 473
Living cost
23 286
23 286
23 286
23 286
Free-cash
126 146
131 620
118 415
120 187

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160004
₽144382
₽164552
₽154887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
212 500
income
-
-
-
21 913
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
31 980
Employee

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

23 085
-
202 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
19 418
-
health
1 962
-
8 112
-
total
7 117
-
42 321
-
Employer

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

23 085
-
202 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
187 038
212 500
-
-
income
16 834
19 124
-
-
total
16 834
19 124
-
-
Dividends
170 205
193 376
-
-
withholding
15 318
17 404
-
-
total
15 318
17 404
-
-
Income
212 500
212 500
212 500
212 500
Total tax
41 645
36 528
52 150
31 980
After tax
170 855
175 972
160 350
180 520
Living cost
15 968
15 968
15 968
15 968
Free-cash
154 887
160 004
144 382
164 552

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113561
₽86983
₽91201
₽109120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
840
income
-
-
-
65 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
93 642
Employee
37 188
-
182 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
62 221
-
total
9 530
-
68 142
-
Employer
37 188
-
182 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
163 455
212 500
-
-
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.

24 518
31 875
-
-
total
24 518
31 875
-
-
Dividends
138 938
180 625
-
-
withholding
29 818
39 407
-
-
total
29 818
39 407
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 723
71 282
97 860
93 642
After tax
136 777
141 218
114 640
118 858
Living cost
27 657
27 657
27 657
27 657
Free-cash
109 120
113 561
86 983
91 201

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130641
₽134876
₽135015
₽130320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
73 061
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
75 526
Employee
2 983
-
210 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
72 986
-
health
149
-
357
-
total
1 024
-
74 057
-
Employer
2 983
-
210 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
208 846
212 500
-
-
income
45 946
46 750
-
-
total
45 946
46 750
-
-
Dividends
162 900
165 750
-
-
withholding
32 580
33 150
-
-
total
32 580
33 150
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 221
79 900
75 665
75 526
After tax
132 279
132 600
136 835
136 974
Living cost
1 959
1 959
1 959
1 959
Free-cash
130 320
130 641
134 876
135 015

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136138
₽118088
₽118087
₽131189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
48 924
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
77 020
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.

26 227
-
199 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
48 924
-
health
1 351
-
3 828
-
total
8 835
-
63 715
-
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.

26 227
-
199 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
181 578
212 500
-
-
income
27 237
31 875
-
-
total
27 237
31 875
-
-
Dividends
154 341
180 625
-
-
withholding
23 151
27 094
-
-
total
23 151
27 094
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 918
58 969
77 019
77 020
After tax
148 582
153 531
135 481
135 480
Living cost
17 393
17 393
17 393
17 393
Free-cash
131 189
136 138
118 088
118 087

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93756
₽68306
₽84422
₽93393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
27 120
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
total
-
-
-
100 964
Employee
39 035
-
171 717
-
surtax
-
-
4
-
social contributions
4 294
-
18 889
-
income
7 627
-
57 404
-
total
11 921
-
76 297
-
Employer
39 035
-
171 717
-
social contributions
9 270
-
40 783
-
total
9 270
-
40 783
-
Corporate
164 195
212 500
-
-
income
34 481
44 625
-
-
surtax
-
-
-
-
total
34 481
44 625
-
-
Dividends
129 714
167 875
-
-
withholding
36 321
47 005
-
-
total
36 321
47 005
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 993
91 630
117 080
100 964
After tax
120 507
120 870
95 420
111 536
Living cost
27 114
27 114
27 114
27 114
Free-cash
93 393
93 756
68 306
84 422

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105872
₽79294
₽83512
₽99291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
840
income
-
-
-
65 674
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
93 642
Employee
48 573
-
182 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
62 221
-
total
13 228
-
68 142
-
Employer
48 573
-
182 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
148 441
212 500
-
-
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.

22 266
31 875
-
-
total
22 266
31 875
-
-
Dividends
126 175
180 625
-
-
withholding
26 883
39 407
-
-
total
26 883
39 407
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 863
71 282
97 860
93 642
After tax
134 637
141 218
114 640
118 858
Living cost
35 346
35 346
35 346
35 346
Free-cash
99 291
105 872
79 294
83 512

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164362
₽162619
₽153907
₽158225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 268
Employee
22 941
-
205 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
20 560
-
health
1 055
-
1 618
-
total
5 615
-
25 654
-
Employer
22 941
-
205 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
185 058
212 500
-
-
income
18 506
21 250
-
-
total
18 506
21 250
-
-
Dividends
166 552
191 250
-
-
withholding
8 328
9 563
-
-
total
8 328
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
36 950
30 813
32 556
41 268
After tax
175 550
181 687
179 944
171 232
Living cost
17 325
17 325
17 325
17 325
Free-cash
158 225
164 362
162 619
153 907

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽70475
₽93366
₽69583
₽83633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income

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

-
-
-
69 605
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.

-
-
-
3 829
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.

-
-
-
6 871
trade
-
-
-
23 783
total
-
-
-
104 088
Employee

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

50 042
-
212 500
-
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.

227
-
3 829
-
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.

4 115
-
69 605
-
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.

6 871
-
6 871
-
total
11 213
-
80 305
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 458
212 500
-
-
income
24 369
31 875
-
-
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.

1 340
1 754
-
-
chamber of commerce
391
464
-
-
trade
23 313
30 494
-
-
total
49 413
64 587
-
-
Dividends
113 044
147 913
-
-
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.

1 533
2 014
-
-
withholding
27 879
36 595
-
-
total
29 412
38 609
-
-
Income
212 500
212 500
212 500
212 500
Total tax
90 038
103 196
80 305
104 088
After tax
122 462
109 304
132 195
108 412
Living cost
38 829
38 829
38 829
38 829
Free-cash
83 633
70 475
93 366
69 583

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91459
₽50561
₽50561
₽93678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
68 375
social contributions
-
-
-
36 272
total
-
-
-
104 647
Employee
78 672
-
212 500
-
income
14 845
-
68 375
-
social contributions
6 536
-
36 272
-
total
21 381
-
104 647
-
Employer
78 672
-
212 500
-
total
-
-
-
-
Corporate
133 828
212 500
-
-
income
16 729
26 562
-
-
total
16 729
26 562
-
-
Dividends
117 099
185 938
-
-
withholding
23 420
37 187
-
-
total
23 420
37 187
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 530
63 749
104 647
104 647
After tax
150 970
148 751
107 853
107 853
Living cost
57 292
57 292
57 292
57 292
Free-cash
93 678
91 459
50 561
50 561

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96303
₽112426
₽138039
₽99816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
31 875
health

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

-
-
-
6 077
total
-
-
-
37 952
Employee
46 138
-
207 874
-
income
5 006
-
54 313
-
social contributions
4 623
-
4 626
-
total
9 629
-
58 939
-
Employer
46 138
-
207 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
161 740
212 500
-
-
income
56 609
74 374
-
-
total
56 609
74 374
-
-
Dividends
105 131
138 126
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 175
79 688
63 565
37 952
After tax
136 325
132 812
148 935
174 548
Living cost
36 509
36 509
36 509
36 509
Free-cash
99 816
96 303
112 426
138 039

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98041
₽82012
₽101045
₽103959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 599
pensions
-
-
-
9 723
total
-
-
-
74 322
Employee
50 971
-
185 294
-
pensions
3 890
-
11 693
-
income
9 282
-
51 911
-
health
665
-
2 546
-
total
13 837
-
66 150
-
Employer
50 971
-
185 294
-
health
969
-
3 520
-
pensions
5 150
-
23 685
-
total
6 119
-
27 205
-
Corporate
155 411
212 500
-
-
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.

29 529
40 374
-
-
total
29 529
40 374
-
-
Dividends
125 882
172 126
-
-
withholding
21 923
36 952
-
-
total
21 923
36 952
-
-
Income
212 500
212 500
212 500
212 500
Total tax
71 408
77 326
93 355
74 322
After tax
141 092
135 174
119 145
138 178
Living cost
37 133
37 133
37 133
37 133
Free-cash
103 959
98 041
82 012
101 045

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7042
₽92336
₽120892
₽13492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
257
income
-
-
-
60 262
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 353
Employee
38 154
-
193 318
-
pensions
4 296
-
7 768
-
income
5 234
-
46 824
-
health
4 368
-
22 135
-
total
13 898
-
76 727
-
Employer
38 154
-
193 318
-
pensions
6 204
-
11 218
-
accident
637
-
3 228
-
unemployment
935
-
4 736
-
total
7 776
-
19 182
-
Corporate
166 571
212 500
-
-
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.

149 914
191 250
-
-
total
149 914
191 250
-
-
Dividends
16 657
21 250
-
-
withholding
3 165
4 037
-
-
total
3 165
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
174 753
195 287
95 909
67 353
After tax
37 747
17 213
116 591
145 147
Living cost
24 255
24 255
24 255
24 255
Free-cash
13 492
-7 042
92 336
120 892

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148973
₽141220
₽119099
₽145930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
212 500
income
-
-
-
35 570
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
79 812
Employee

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

21 742
-
212 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
35 570
-
total
8 153
-
57 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 758
212 500
-
-
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%.

19 076
21 250
-
-
total
19 076
21 250
-
-
Dividends
171 683
191 250
-
-
withholding
25 752
28 688
-
-
total
25 752
28 688
-
-
Income
212 500
212 500
212 500
212 500
Total tax
52 981
49 938
57 691
79 812
After tax
159 519
162 562
154 809
132 688
Living cost
13 589
13 589
13 589
13 589
Free-cash
145 930
148 973
141 220
119 099

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71863
₽50617
₽58877
₽67289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
social contributions
-
-
-
50 337
regional
-
-
-
5 064
municipal
-
-
-
1 460
national
-
-
-
56 695
total
-
-
-
113 556
Employee
84 751
-
212 500
-
municipal
506
-
1 319
-
national
14 322
-
49 961
-
regional
1 280
-
4 543
-
social contributions
28 577
-
65 993
-
total
44 685
-
121 816
-
Employer
84 751
-
212 500
-
total
-
-
-
-
Corporate
127 749
212 500
-
-
municipal
6 157
10 243
-
-
nationa
30 660
51 000
-
-
total
36 817
61 243
-
-
Dividends
90 933
151 257
-
-
withholding
23 642
39 327
-
-
total
23 642
39 327
-
-
Income
212 500
212 500
212 500
212 500
Total tax
105 144
100 570
121 816
113 556
After tax
107 356
111 930
90 684
98 944
Living cost
40 067
40 067
40 067
40 067
Free-cash
67 289
71 863
50 617
58 877

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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