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
₽76272
₽78761
₽89107
₽102890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 618
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.

-
-
-
6 392
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.

-
-
-
3 904
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.

-
-
-
70 975
total
-
-
-
107 889
Employee

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

35 785
-
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.

55
-
3 904
-
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.

1 000
-
70 975
-
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.

6 392
-
6 392
-
total
7 447
-
81 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 715
212 500
-
-
trade
27 833
33 468
-
-
income
26 508
31 875
-
-
chamber of commerce
396
447
-
-
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.

1 458
1 752
-
-
total
56 195
67 542
-
-
Dividends
120 520
144 957
-
-
withholding
29 775
35 884
-
-
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.

1 637
1 974
-
-
total
31 412
37 858
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 054
105 400
81 271
107 889
After tax
117 446
107 100
131 229
104 611
Living cost
28 339
28 339
28 339
28 339
Free-cash
89 107
78 761
102 890
76 272

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72034
₽83043
₽82218
₽73175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 565
pensions
-
-
-
25 500
social contributions
-
-
-
2 284
national
-
-
-
39 560
total
-
-
-
90 909
Employee
76 822
-
183 704
-
municipal
9 489
-
24 387
-
national
14 704
-
41 362
-
pensions
3 073
-
7 348
-
total
27 266
-
73 097
-
Employer
76 822
-
183 704
-
pensions
6 146
-
14 696
-
social contributions
826
-
1 975
-
total
6 972
-
16 671
-
Corporate
123 636
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%.

24 727
42 500
-
-
total
24 727
42 500
-
-
Dividends
98 909
170 000
-
-
withholding
21 760
37 400
-
-
total
21 760
37 400
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 725
79 900
89 768
90 909
After tax
131 775
132 600
122 732
121 591
Living cost
49 557
49 557
49 557
49 557
Free-cash
82 218
83 043
73 175
72 034

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57963
₽150535
₽142859
₽73032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
54 188
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.

-
-
-
35 847
income
-
-
-
45 037
microenterprise
-
-
-
-
total
-
-
-
135 072
Employee
27 339
-
167 243
-
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.

3 008
-
12 265
-
surtax
-
-
24 250
-
income
4 867
-
38 231
-
total
7 875
-
74 746
-
Employer
27 339
-
167 243
-
surtax
-
-
18 396
-
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.

6 585
-
26 861
-
total
6 585
-
45 257
-
Corporate
178 576
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%.

35 716
42 500
-
-
total
35 716
42 500
-
-
Dividends

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

142 860
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
50 176
42 500
120 003
135 072
After tax
162 324
170 000
92 497
77 428
Living cost
19 465
19 465
19 465
19 465
Free-cash
142 859
150 535
73 032
57 963

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74804
₽66724
₽60993
₽96707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
76 003
total
-
-
-
98 502
Employee
79 897
79 897
195 113
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
36 713
-
health
12 263
10 431
11 537
-
total
39 722
34 471
59 212
-
Employer
79 897
79 897
195 113
-
pensions
5 561
5 561
6 912
-
unemployment
2 876
2 876
3 574
-
health
5 554
5 554
6 901
-
total
13 991
13 991
17 387
-
Corporate
119 592
118 612
-
-
income
23 918
23 722
-
-
total
23 918
23 722
-
-
Dividends
95 674
94 890
-
-
withholding
14 351
14 234
-
-
income
20 331
20 164
-
-
total
34 682
34 398
-
-
Income
212 500
212 500
212 500
212 500
Total tax
112 313
106 582
76 599
98 502
After tax
100 187
105 918
135 901
113 998
Living cost
39 194
39 194
39 194
39 194
Free-cash
60 993
66 724
96 707
74 804

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67960
₽77481
₽76615
₽67026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
56 070
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
25 453
total
-
-
-
105 996
Employee
54 922
-
185 958
-
municipal
16 378
-
55 453
-
national
-
-
24 935
-
total
16 378
-
80 388
-
Employer
54 922
-
185 958
-
pensions
5 937
-
9 132
-
other
6 382
-
9 816
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 195
-
total
17 257
-
26 542
-
Corporate
140 322
212 500
-
-
income
30 871
46 750
-
-
total
30 871
46 750
-
-
Dividends
109 451
165 750
-
-
withholding
32 835
49 725
-
-
total
32 835
49 725
-
-
Income
212 500
212 500
212 500
212 500
Total tax
97 341
96 475
106 930
105 996
After tax
115 159
116 025
105 570
106 504
Living cost
38 544
38 544
38 544
38 544
Free-cash
76 615
77 481
67 026
67 960

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66673
₽69252
₽82396
₽94474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 801
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.

-
-
-
6 392
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.

-
-
-
3 904
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.

-
-
-
70 975
total
-
-
-
109 072
Employee

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

47 447
-
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.

224
-
3 904
-
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.

4 077
-
70 975
-
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.

6 392
-
6 392
-
total
10 693
-
81 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 053
212 500
-
-
trade
27 151
34 956
-
-
income
24 757
31 875
-
-
chamber of commerce
376
444
-
-
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.

1 362
1 752
-
-
total
53 646
69 027
-
-
Dividends
111 407
143 472
-
-
withholding
27 497
35 513
-
-
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.

1 513
1 953
-
-
total
29 010
37 466
-
-
Income
212 500
212 500
212 500
212 500
Total tax
93 349
106 493
81 271
109 072
After tax
119 151
106 007
131 229
103 428
Living cost
36 755
36 755
36 755
36 755
Free-cash
82 396
69 252
94 474
66 673

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112510
₽124519
₽120638
₽110769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 419
social contributions
-
-
-
15 138
income
-
-
-
49 087
total
-
-
-
69 644
Employee
71 944
71 944
200 732
-
social contributions
3 496
5 971
8 054
-
income
7 555
6 660
48 151
-
health
716
1 223
3 412
-
total
11 767
13 854
59 617
-
Employer
71 944
71 944
200 732
-
social contributions
3 496
5 971
8 054
-
health
779
1 332
3 714
-
total
4 275
7 303
11 768
-
Corporate
166 112
133 254
-
-
income
20 764
16 656
-
-
total
20 764
16 656
-
-
Dividends
145 348
116 598
-
-
withholding
24 710
19 822
-
-
total
24 710
19 822
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 516
57 635
71 385
69 644
After tax
150 984
154 865
141 115
142 856
Living cost
30 346
30 346
30 346
30 346
Free-cash
120 638
124 519
110 769
112 510

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129976
₽102042
₽102403
₽105954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 250
health
-
-
-
14 875
unemployment
-
-
-
3 187
income
-
-
-
25 978
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.

24 878
9 901
177 824
-
pensions
2 488
990
17 782
-
unemployment
373
149
2 667
-
income
3 041
1 210
21 739
-
health
1 741
693
12 448
-
total
7 643
3 042
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.

24 878
9 901
177 824
-
pensions
4 851
1 931
34 676
-
total
4 851
1 931
34 676
-
Corporate
182 770
200 668
-
-
income
16 449
18 060
-
-
total
16 449
18 060
-
-
Dividends
166 321
182 608
-
-
withholding
31 601
34 696
-
-
social contributions
32 319
35 495
-
-
total
63 920
70 191
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 863
93 224
89 312
65 290
After tax
119 637
119 276
123 188
147 210
Living cost
17 234
17 234
17 234
17 234
Free-cash
102 403
102 042
105 954
129 976

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91302
₽147402
₽141589
₽99883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
42 500
health
-
-
-
27 625
income
-
-
-
28 475
total
-
-
-
98 600
Employee
26 542
-
158 818
-
pensions
531
-
3 176
-
unemployment
424
-
2 541
-
income
2 988
-
30 620
-
total
3 943
-
36 337
-
Employer
26 542
-
158 818
-
pensions
5 309
-
31 764
-
unemployment
213
-
1 271
-
health
3 450
-
20 647
-
total
8 972
-
53 682
-
Corporate
176 987
212 500
-
-
income
35 398
42 500
-
-
total
35 398
42 500
-
-
Dividends
141 589
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
48 313
42 500
90 019
98 600
After tax
164 187
170 000
122 481
113 900
Living cost
22 598
22 598
22 598
22 598
Free-cash
141 589
147 402
99 883
91 302

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124168
-₽3724
₽14001
₽96068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
60 768
total
-
-
-
67 396
Employee
32 933
-
194 022
-
pensions
3 708
-
7 260
-
income
4 518
-
47 544
-
health
3 771
-
22 215
-
total
11 997
-
77 019
-
Employer
32 933
-
194 022
-
pensions
5 355
-
10 484
-
unemployment
807
-
4 753
-
accident
550
-
3 240
-
total
6 712
-
18 477
-
Corporate
172 855
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.

155 570
191 250
-
-
total
155 570
191 250
-
-
Dividends
17 286
21 250
-
-
withholding
3 284
4 038
-
-
total
3 284
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
177 563
195 288
95 496
67 396
After tax
34 937
17 212
117 004
145 104
Living cost
20 936
20 936
20 936
20 936
Free-cash
14 001
-3 724
96 068
124 168

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202743
₽194243
₽192812
₽162368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 540
-
212 500
-
income
1 908
-
42 500
-
total
1 908
-
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%.

202 960
212 500
-
-
total
-
-
-
-
Dividends
202 960
212 500
-
-
withholding
10 148
10 625
-
-
total
10 148
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 056
10 625
42 500
2 125
After tax
200 444
201 875
170 000
210 375
Living cost
7 632
7 632
7 632
7 632
Free-cash
192 812
194 243
162 368
202 743

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103032
₽131193
₽124876
₽101278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 146
health
-
-
-
6 260
other
-
-
-
6 758
income
-
-
-
37 374
total
-
-
-
84 538
Employee
33 971
-
176 374
-
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.

2 377
-
9 959
-
unemployment
339
-
1 422
-
income
5 848
-
36 792
-
health
476
-
1 992
-
total
9 040
-
50 165
-
Employer
33 971
-
176 374
-
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.

5 776
-
24 188
-
other
1 699
-
7 113
-
unemployment
339
-
1 422
-
accident
272
-
1 412
-
health
476
-
1 992
-
total
8 562
-
36 127
-
Corporate
169 968
212 500
-
-
income
35 693
44 625
-
-
total
35 693
44 625
-
-
Dividends
134 275
167 875
-
-
withholding
9 399
11 752
-
-
total
9 399
11 752
-
-
Income
212 500
212 500
212 500
212 500
Total tax
62 694
56 377
86 292
84 538
After tax
149 806
156 123
126 208
127 962
Living cost
24 930
24 930
24 930
24 930
Free-cash
124 876
131 193
101 278
103 032

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75688
₽72214
₽79607
₽56735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 277
income
-
-
-
66 121
total
-
-
-
75 398
Employee
86 891
-
185 160
-
pensions
8 383
-
11 038
-
income
15 663
-
53 485
-
health
1 432
-
2 488
-
total
25 478
-
67 011
-
Employer
86 891
-
185 160
-
pensions
10 259
-
23 821
-
health
1 650
-
3 519
-
total
11 909
-
27 340
-
Corporate
113 699
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.

21 603
40 374
-
-
total
21 603
40 374
-
-
Dividends
92 096
172 126
-
-
withholding
12 489
38 498
-
-
total
12 489
38 498
-
-
Income
212 500
212 500
212 500
212 500
Total tax
71 479
78 872
94 351
75 398
After tax
141 021
133 628
118 149
137 102
Living cost
61 414
61 414
61 414
61 414
Free-cash
79 607
72 214
56 735
75 688

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159633
₽169422
₽165076
₽168483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
31 875
total
-
-
-
40 601
Employee
16 242
-
206 088
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
20 609
-
health
747
-
1 503
-
total
3 976
-
25 340
-
Employer
16 242
-
206 088
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
193 070
212 500
-
-
income
19 307
21 250
-
-
total
19 307
21 250
-
-
Dividends
173 763
191 250
-
-
withholding
8 688
9 562
-
-
total
8 688
9 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
35 158
30 812
31 751
40 601
After tax
177 342
181 688
180 749
171 899
Living cost
12 266
12 266
12 266
12 266
Free-cash
165 076
169 422
168 483
159 633

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62117
₽54037
₽56390
₽84020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
76 003
total
-
-
-
98 502
Employee
86 743
79 897
195 113
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
36 713
-
health
10 822
10 431
11 537
-
total
34 862
34 471
59 212
-
Employer
86 743
79 897
195 113
-
pensions
6 037
5 561
6 912
-
unemployment
3 123
2 876
3 574
-
health
6 028
5 554
6 901
-
total
15 188
13 991
17 387
-
Corporate
110 570
118 612
-
-
income
22 114
23 722
-
-
total
22 114
23 722
-
-
Dividends
88 456
94 890
-
-
withholding
13 268
14 234
-
-
income
18 797
20 164
-
-
total
32 065
34 398
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 229
106 582
76 599
98 502
After tax
108 271
105 918
135 901
113 998
Living cost
51 881
51 881
51 881
51 881
Free-cash
56 390
54 037
84 020
62 117

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102065
₽123066
₽114775
₽92783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 688
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 509
income
-
-
-
22 556
total
-
-
-
87 195
Employee
34 177
-
168 686
-
social contributions
2 222
-
7 444
-
income
4 101
-
20 770
-
solidarity contribution
-
-
1 676
-
health
4 614
-
22 773
-
total
10 937
-
52 663
-
Employer
34 177
-
168 686
-
social contributions
8 544
-
28 632
-
health
3 076
-
15 182
-
total
11 620
-
43 814
-
Corporate
166 703
212 500
-
-
income
31 674
40 375
-
-
total
31 674
40 375
-
-
Dividends
135 029
172 125
-
-
withholding
20 254
25 819
-
-
total
20 254
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 485
66 194
96 477
87 195
After tax
138 015
146 306
116 023
125 305
Living cost
23 240
23 240
23 240
23 240
Free-cash
114 775
123 066
92 783
102 065

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63058
₽73899
₽69013
₽55128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 325
regional
-
-
-
2 698
social contributions
-
-
-
46 827
national
-
-
-
59 113
total
-
-
-
109 963
Employee
83 151
-
212 500
-
social contributions
28 039
-
61 391
-
municipal
440
-
1 209
-
regional
785
-
2 444
-
national
14 408
-
52 849
-
total
43 672
-
117 893
-
Employer
83 151
-
212 500
-
total
-
-
-
-
Corporate
129 349
212 500
-
-
nationa
31 044
50 999
-
-
municipal
5 044
8 288
-
-
total
36 088
59 287
-
-
Dividends
93 260
153 213
-
-
withholding
24 248
39 835
-
-
total
24 248
39 835
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 008
99 122
117 893
109 963
After tax
108 492
113 378
94 607
102 537
Living cost
39 479
39 479
39 479
39 479
Free-cash
69 013
73 899
55 128
63 058

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79281
₽113017
₽110104
₽73562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 358
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
67 163
total
-
-
-
112 573
Employee
30 940
-
186 216
-
surtax
101
-
10 237
-
pensions
2 063
-
8 329
-
other
-
-
-
-
unemployment
2 154
-
8 691
-
income
5 186
-
61 567
-
health
790
-
3 183
-
total
10 294
-
92 007
-
Employer
30 940
-
186 216
-
pensions
4 124
-
16 645
-
other
-
-
-
-
unemployment
980
-
3 958
-
health
1 408
-
5 682
-
total
6 512
-
26 285
-
Corporate
175 047
212 500
-
-
income
45 513
55 250
-
-
total
45 513
55 250
-
-
Dividends
129 535
157 250
-
-
withholding
19 431
23 587
-
-
total
19 431
23 587
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 750
78 837
118 292
112 573
After tax
130 750
133 663
94 208
99 927
Living cost
20 646
20 646
20 646
20 646
Free-cash
110 104
113 017
73 562
79 281

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95146
₽91672
₽97739
₽76193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 277
income
-
-
-
66 121
total
-
-
-
75 398
Employee
58 232
-
185 160
-
pensions
4 943
-
11 038
-
income
10 488
-
53 485
-
health
845
-
2 488
-
total
16 276
-
67 011
-
Employer
58 232
-
185 160
-
pensions
6 304
-
23 821
-
health
1 106
-
3 519
-
total
7 410
-
27 340
-
Corporate
146 858
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.

27 902
40 374
-
-
total
27 902
40 374
-
-
Dividends
118 956
172 126
-
-
withholding
21 217
38 498
-
-
total
21 217
38 498
-
-
Income
212 500
212 500
212 500
212 500
Total tax
72 805
78 872
94 351
75 398
After tax
139 695
133 628
118 149
137 102
Living cost
41 956
41 956
41 956
41 956
Free-cash
97 739
91 672
76 193
95 146

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽94289
₽22510
₽54451
₽86262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
11 755
city
-
-
-
2 240
pensions
-
-
-
19 548
health
-
-
-
477
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.

-
-
-
4 249
national
-
-
-
5 279
total
-
-
-
43 548
Employee
87 375
-
191 103
-
regional
2 861
-
10 432
-
national
414
-
4 308
-
pensions
7 341
-
15 044
-
unemployment
-
-
-
-
city
938
-
2 065
-
health
198
-
430
-
total
11 752
-
32 279
-
Employer
87 375
-
191 103
-
pensions
7 341
-
15 044
-
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.

1 747
-
3 822
-
unemployment
-
-
-
-
health
198
-
430
-
total
9 286
-
19 296
-
Corporate
114 879
212 500
-
-
regional
24 296
44 943
-
-
national
9 765
18 062
-
-
total
34 061
63 005
-
-
Dividends
80 818
149 494
-
-
withholding
28 287
52 322
-
-
total
28 287
52 322
-
-
Income
212 500
212 500
212 500
212 500
Total tax
83 386
115 327
51 575
43 548
After tax
129 114
97 173
160 925
168 952
Living cost
74 663
74 663
74 663
74 663
Free-cash
54 451
22 510
86 262
94 289

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59385
₽62052
₽77225
₽88368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 983
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.

-
-
-
6 392
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.

-
-
-
3 904
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.

-
-
-
70 975
total
-
-
-
110 254
Employee

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

56 228
-
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.

364
-
3 904
-
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.

6 612
-
70 975
-
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.

6 392
-
6 392
-
total
13 368
-
81 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 272
212 500
-
-
trade
26 801
36 444
-
-
income
23 440
31 875
-
-
chamber of commerce
362
440
-
-
surtax

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

1 289
1 752
-
-
total
51 892
70 511
-
-
Dividends
104 379
141 988
-
-
withholding
25 739
35 142
-
-
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.

1 415
1 934
-
-
total
27 154
37 076
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 414
107 587
81 271
110 254
After tax
120 086
104 913
131 229
102 246
Living cost
42 861
42 861
42 861
42 861
Free-cash
77 225
62 052
88 368
59 385

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84097
₽75090
₽80614
₽77747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 346
health
-
-
-
10 474
surtax
-
-
-
-
other
-
-
-
6 587
social contributions
-
-
-
6 054
income
-
-
-
39 932
total
-
-
-
96 393
Employee
40 043
-
161 998
-
social contributions
1 142
-
4 615
-
surtax
-
-
-
-
pensions
4 528
-
12 286
-
income
2 363
-
35 342
-
total
8 033
-
52 243
-
Employer
40 043
-
161 998
-
pensions
6 578
-
20 502
-
social contributions
121
-
486
-
other
1 381
-
6 755
-
unemployment
1 621
-
6 560
-
health
2 804
-
16 197
-
total
12 505
-
50 500
-
Corporate
159 953
212 500
-
-
income
44 787
59 500
-
-
surtax
-
-
-
-
total
44 787
59 500
-
-
Dividends
115 166
153 000
-
-
withholding
14 742
19 584
-
-
surtax
-
-
-
-
social contributions
19 809
26 316
-
-
total
34 551
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 876
105 400
102 743
96 393
After tax
112 624
107 100
109 757
116 107
Living cost
32 010
32 010
32 010
32 010
Free-cash
80 614
75 090
77 747
84 097

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87268
₽78261
₽83459
₽80918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 346
health
-
-
-
10 474
surtax
-
-
-
-
other
-
-
-
6 587
social contributions
-
-
-
6 054
income
-
-
-
39 932
total
-
-
-
96 393
Employee
35 744
-
161 998
-
social contributions
1 019
-
4 615
-
surtax
-
-
-
-
pensions
4 043
-
12 286
-
income
1 843
-
35 342
-
total
6 905
-
52 243
-
Employer
35 744
-
161 998
-
pensions
5 873
-
20 502
-
social contributions
107
-
486
-
other
1 234
-
6 755
-
unemployment
1 447
-
6 560
-
health
2 502
-
16 197
-
total
11 163
-
50 500
-
Corporate
165 594
212 500
-
-
income
46 367
59 500
-
-
surtax
-
-
-
-
total
46 367
59 500
-
-
Dividends
119 227
153 000
-
-
withholding
15 260
19 584
-
-
surtax
-
-
-
-
social contributions
20 507
26 316
-
-
total
35 767
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
100 202
105 400
102 743
96 393
After tax
112 298
107 100
109 757
116 107
Living cost
28 839
28 839
28 839
28 839
Free-cash
83 459
78 261
80 918
87 268

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116628
₽109806
₽110291
₽110845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 832
social contributions
-
-
-
29 326
income
-
-
-
31 875
total
-
-
-
76 033
Employee
31 723
-
212 500
-
social contributions
4 378
-
29 326
-
income
5 291
-
37 658
-
health
2 214
-
14 832
-
total
11 883
-
81 816
-
Employer
31 723
-
212 500
-
total
-
-
-
-
Corporate
180 777
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%.

9 039
10 625
-
-
total
9 039
10 625
-
-
Dividends
171 738
201 875
-
-
withholding
25 761
30 281
-
-
social contributions
23 699
27 859
-
-
health
11 988
14 090
-
-
total
61 448
72 230
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 370
82 855
81 816
76 033
After tax
130 130
129 645
130 684
136 467
Living cost
19 839
19 839
19 839
19 839
Free-cash
110 291
109 806
110 845
116 628

Estimated living cost  is ₽19839 per week

₽13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75861
₽84153
₽82705
₽22722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
68 317
chamber of commerce
-
-
-
850
total
-
-
-
103 672
Employee
46 757
37 285
175 991
-
pensions
4 789
3 817
11 193
-
other
467
373
1 094
-
unemployment
1 403
1 119
3 279
-
income
5 323
2 750
57 396
-
health
1 809
1 443
4 229
-
total
13 791
9 502
77 191
-
Employer
46 757
37 285
175 991
-
payroll
1 403
1 119
5 280
-
chamber of commerce
186
149
703
-
pensions
5 868
4 680
13 717
-
surtax
185
185
185
-
other
2 221
1 770
7 793
-
unemployment
1 403
1 119
3 279
-
accident
607
485
1 420
-
health
1 767
1 410
4 132
-
total
13 640
10 917
36 509
-
Corporate
152 103
164 299
172 440
-
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.

38 026
41 074
43 111
-
total
38 026
41 074
43 111
-
Dividends
114 077
123 225
-
-
withholding
31 371
33 887
-
-
total
31 371
33 887
-
-
Income
212 500
212 500
212 500
212 500
Total tax
96 828
95 380
156 811
103 672
After tax
115 672
117 120
55 689
108 828
Living cost
32 967
32 967
32 967
32 967
Free-cash
82 705
84 153
22 722
75 861

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58321
₽82386
₽70602
₽38040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 326
communal

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

-
-
-
11 351
national
-
-
-
85 389
total
-
-
-
120 066
Employee

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

66 925
-
164 590
-
national
20 575
-
62 341
-
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.

5 019
-
12 345
-
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.

582
-
1 431
-
communal

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

3 491
-
8 585
-
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.

3 144
-
7 736
-
total
32 811
-
92 438
-
Employer

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

66 925
-
164 590
-
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.

5 930
-
14 582
-
surtax
7 588
-
18 664
-
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.

977
-
2 402
-
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.

870
-
2 139
-
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.

4 116
-
10 122
-
total
19 481
-
47 909
-
Corporate
126 095
212 500
-
-
income
25 219
45 646
-
-
surtax
504
913
-
-
total
25 723
46 559
-
-
Dividends
100 371
165 941
-
-
withholding

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

29 770
49 442
-
-
total
29 770
49 442
-
-
Income
212 500
212 500
212 500
212 500
Total tax
107 785
96 001
140 347
120 066
After tax
104 715
116 499
72 153
92 434
Living cost
34 114
34 114
34 114
34 114
Free-cash
70 602
82 386
38 040
58 321

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84932
₽107282
₽100872
₽81006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
67 763
total
-
-
-
93 779
Employee
46 572
-
184 854
-
pensions
2 189
-
4 077
-
other
46
-
87
-
unemployment
723
-
1 344
-
income
9 826
-
64 551
-
total
12 784
-
70 059
-
Employer
46 572
-
184 854
-
pensions
10 990
-
20 466
-
other
371
-
694
-
unemployment
2 562
-
4 769
-
accident
921
-
1 717
-
total
14 844
-
27 646
-
Corporate
151 083
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.

22 662
31 875
-
-
total
22 662
31 875
-
-
Dividends
128 420
180 625
-
-
withholding
27 549
39 554
-
-
total
27 549
39 554
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 839
71 429
97 705
93 779
After tax
134 661
141 071
114 795
118 721
Living cost
33 789
33 789
33 789
33 789
Free-cash
100 872
107 282
81 006
84 932

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48876
₽69319
₽56452
₽57349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
31 851
health
-
-
-
14 932
surtax
-
-
-
10 534
accident
-
-
-
1 791
communal
-
-
-
13 430
income
-
-
-
40 241
total
-
-
-
112 779
Employee
70 853
-
189 818
-
surtax
4 343
-
11 633
-
pensions
5 667
-
15 186
-
income
6 844
-
46 359
-
health
3 153
-
8 446
-
total
20 007
-
81 624
-
Employer
70 853
-
189 818
-
pensions
5 667
-
15 186
-
accident
637
-
1 708
-
health
2 161
-
5 788
-
total
8 465
-
22 682
-
Corporate
133 182
212 500
-
-
communal
8 989
14 344
-
-
income
19 978
31 875
-
-
surtax
1 399
2 232
-
-
total
30 366
48 451
-
-
Dividends
102 815
164 049
-
-
withholding
15 422
24 607
-
-
income
30 943
19 278
-
-
total
46 365
43 885
-
-
Income
212 500
212 500
212 500
212 500
Total tax
105 203
92 336
104 306
112 779
After tax
107 297
120 164
108 194
99 721
Living cost
50 845
50 845
50 845
50 845
Free-cash
56 452
69 319
57 349
48 876

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78912
₽112648
₽109669
₽73193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 358
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
67 163
total
-
-
-
112 573
Employee
31 508
-
186 216
-
surtax
112
-
10 237
-
pensions
2 102
-
8 329
-
other
-
-
-
-
unemployment
2 193
-
8 691
-
income
5 282
-
61 567
-
health
804
-
3 183
-
total
10 493
-
92 007
-
Employer
31 508
-
186 216
-
pensions
4 201
-
16 645
-
other
-
-
-
-
unemployment
1 000
-
3 958
-
health
1 433
-
5 682
-
total
6 634
-
26 285
-
Corporate
174 359
212 500
-
-
income
45 334
55 250
-
-
total
45 334
55 250
-
-
Dividends
129 025
157 250
-
-
withholding
19 355
23 587
-
-
total
19 355
23 587
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 816
78 837
118 292
112 573
After tax
130 684
133 663
94 208
99 927
Living cost
21 015
21 015
21 015
21 015
Free-cash
109 669
112 648
73 193
78 912

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76668
₽86493
₽84413
₽68781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 325
regional
-
-
-
3 364
social contributions
-
-
-
46 827
national
-
-
-
59 113
total
-
-
-
110 629
Employee
51 900
-
212 500
-
social contributions
17 501
-
61 391
-
municipal
275
-
1 209
-
regional
699
-
3 067
-
national
8 222
-
52 849
-
total
26 697
-
118 516
-
Employer
51 900
-
212 500
-
total
-
-
-
-
Corporate
160 600
212 500
-
-
nationa
38 544
50 999
-
-
municipal
7 983
10 561
-
-
total
46 527
61 560
-
-
Dividends
114 074
150 940
-
-
withholding
29 660
39 244
-
-
total
29 660
39 244
-
-
Income
212 500
212 500
212 500
212 500
Total tax
102 884
100 804
118 516
110 629
After tax
109 616
111 696
93 984
101 871
Living cost
25 203
25 203
25 203
25 203
Free-cash
84 413
86 493
68 781
76 668

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
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.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96667
₽117668
₽107451
₽87385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 688
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 509
income
-
-
-
22 556
total
-
-
-
87 195
Employee
42 115
-
168 686
-
social contributions
2 737
-
7 444
-
income
5 054
-
20 770
-
solidarity contribution
-
-
1 676
-
health
5 686
-
22 773
-
total
13 477
-
52 663
-
Employer
42 115
-
168 686
-
social contributions
10 529
-
28 632
-
health
3 790
-
15 182
-
total
14 319
-
43 814
-
Corporate
156 066
212 500
-
-
income
29 653
40 375
-
-
total
29 653
40 375
-
-
Dividends
126 413
172 125
-
-
withholding
18 962
25 819
-
-
total
18 962
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 411
66 194
96 477
87 195
After tax
136 089
146 306
116 023
125 305
Living cost
28 638
28 638
28 638
28 638
Free-cash
107 451
117 668
87 385
96 667

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79164
₽87373
₽86911
₽25886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
68 317
chamber of commerce
-
-
-
850
total
-
-
-
103 487
Employee
40 898
37 285
176 161
-
pensions
4 188
3 817
11 193
-
other
408
373
1 094
-
unemployment
1 227
1 119
3 279
-
income
3 643
2 750
57 478
-
health
1 582
1 443
4 229
-
total
11 048
9 502
77 273
-
Employer
40 898
37 285
176 161
-
payroll
1 227
1 119
5 286
-
chamber of commerce
163
149
705
-
pensions
5 133
4 680
13 717
-
surtax
-
-
-
-
other
1 942
1 770
7 800
-
unemployment
1 227
1 119
3 279
-
accident
531
485
1 420
-
health
1 546
1 410
4 132
-
total
11 769
10 732
36 339
-
Corporate
159 832
164 484
172 610
-
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.

39 957
41 120
43 153
-
total
39 957
41 120
43 153
-
Dividends
119 875
123 363
-
-
withholding
32 966
33 924
-
-
total
32 966
33 924
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 740
95 278
156 765
103 487
After tax
116 760
117 222
55 735
109 013
Living cost
29 849
29 849
29 849
29 849
Free-cash
86 911
87 373
25 886
79 164

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
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.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198482
₽189982
₽187752
₽158107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 866
-
212 500
-
income
2 973
-
42 500
-
total
2 973
-
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%.

197 634
212 500
-
-
total
-
-
-
-
Dividends
197 634
212 500
-
-
withholding
9 882
10 625
-
-
total
9 882
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 855
10 625
42 500
2 125
After tax
199 645
201 875
170 000
210 375
Living cost
11 893
11 893
11 893
11 893
Free-cash
187 752
189 982
158 107
198 482

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73348
₽121211
₽113385
₽68735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
38 807
health
-
-
-
20 910
unemployment
-
-
-
320
income
-
-
-
54 020
total
-
-
-
114 057
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.

41 373
-
183 870
-
pensions
6 413
-
28 500
-
unemployment
59
-
257
-
income
7 135
-
49 406
-
health
2 672
-
11 878
-
total
16 279
-
90 041
-
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.

41 373
-
183 870
-
pensions
3 661
-
16 272
-
unemployment
25
-
110
-
health
2 756
-
12 247
-
total
6 442
-
28 629
-
Corporate
164 686
212 500
-
-
income
31 289
40 375
-
-
total
31 289
40 375
-
-
Dividends
133 396
172 125
-
-
withholding
20 010
25 819
-
-
total
20 010
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 020
66 194
118 670
114 057
After tax
138 480
146 306
93 830
98 443
Living cost
25 095
25 095
25 095
25 095
Free-cash
113 385
121 211
68 735
73 348

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106053
₽88483
₽43504
₽159258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 225
income
-
-
-
41 420
total
-
-
-
65 645
Employee
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
Corporate
71 505
212 500
-
-
income
15 731
46 750
-
-
total
15 731
46 750
-
-
Dividends
55 774
165 750
-
-
income
12 270
36 465
-
-
total
12 270
36 465
-
-
Income
212 500
212 500
212 500
212 500
Total tax
128 194
83 215
12 440
65 645
After tax
84 306
129 285
200 060
146 855
Living cost
40 802
40 802
40 802
40 802
Free-cash
43 504
88 483
159 258
106 053

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81396
₽91524
₽90580
₽64726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
income
-
-
-
27 913
total
-
-
-
101 757
Employee
43 031
-
171 717
-
social contributions
4 733
-
18 889
-
surtax
-
-
270
-
income
8 951
-
58 485
-
total
13 684
-
77 644
-
Employer
43 031
-
171 717
-
social contributions
10 220
-
40 783
-
total
10 220
-
40 783
-
Corporate
159 250
212 500
-
-
income
33 443
44 625
-
-
surtax
-
-
-
-
total
33 443
44 625
-
-
Dividends
125 806
167 875
-
-
withholding
35 226
47 004
-
-
total
35 226
47 004
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 573
91 629
118 427
101 757
After tax
119 927
120 871
94 073
110 743
Living cost
29 347
29 347
29 347
29 347
Free-cash
90 580
91 524
64 726
81 396

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70918
₽61911
₽68342
₽64568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 346
health
-
-
-
10 474
surtax
-
-
-
-
other
-
-
-
6 587
social contributions
-
-
-
6 054
income
-
-
-
39 932
total
-
-
-
96 393
Employee
58 599
-
161 998
-
social contributions
1 669
-
4 615
-
surtax
-
-
-
-
pensions
6 628
-
12 286
-
income
5 113
-
35 342
-
total
13 410
-
52 243
-
Employer
58 599
-
161 998
-
pensions
9 628
-
20 502
-
social contributions
176
-
486
-
other
2 022
-
6 755
-
unemployment
2 374
-
6 560
-
health
4 101
-
16 197
-
total
18 301
-
50 500
-
Corporate
135 599
212 500
-
-
income
37 967
59 500
-
-
surtax
-
-
-
-
total
37 967
59 500
-
-
Dividends
97 632
153 000
-
-
withholding
12 498
19 584
-
-
surtax
-
-
-
-
social contributions
16 793
26 316
-
-
total
29 291
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
98 969
105 400
102 743
96 393
After tax
113 531
107 100
109 757
116 107
Living cost
45 189
45 189
45 189
45 189
Free-cash
68 342
61 911
64 568
70 918

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126733
₽163125
₽159983
₽132377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 750
income
-
-
-
10 893
total
-
-
-
57 643
Employee
30 079
-
183 982
-
social contributions
1 955
-
11 960
-
income
-
-
11 521
-
total
1 955
-
23 481
-
Employer
30 079
-
183 982
-
social contributions
4 662
-
28 518
-
total
4 662
-
28 518
-
Corporate
177 759
212 500
-
-
income
17 776
21 251
-
-
total
17 776
21 251
-
-
Dividends
159 983
191 249
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
24 393
21 251
51 999
57 643
After tax
188 107
191 249
160 501
154 857
Living cost
28 124
28 124
28 124
28 124
Free-cash
159 983
163 125
132 377
126 733

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77552
₽8878
₽5055
₽8878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
45 687
pensions
-
-
-
810
labour market
-
-
-
16 935
national
-
-
-
26 507
total
-
-
-
89 939
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
8 878
-
-
-
income
1 953
-
-
-
total
1 953
-
-
-
Dividends
6 925
-
-
-
withholding
1 870
-
-
-
total
1 870
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
162 436
158 613
158 613
89 939
After tax
50 064
53 887
53 887
122 561
Living cost
45 009
45 009
45 009
45 009
Free-cash
5 055
8 878
8 878
77 552

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124477
-₽3415
₽14049
₽96377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
60 768
total
-
-
-
67 396
Employee
32 447
-
194 022
-
pensions
3 654
-
7 260
-
income
4 451
-
47 544
-
health
3 715
-
22 215
-
total
11 820
-
77 019
-
Employer
32 447
-
194 022
-
pensions
5 276
-
10 484
-
unemployment
795
-
4 753
-
accident
542
-
3 240
-
total
6 613
-
18 477
-
Corporate
173 440
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.

156 096
191 250
-
-
total
156 096
191 250
-
-
Dividends
17 344
21 250
-
-
withholding
3 295
4 038
-
-
total
3 295
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
177 824
195 288
95 496
67 396
After tax
34 676
17 212
117 004
145 104
Living cost
20 627
20 627
20 627
20 627
Free-cash
14 049
-3 415
96 377
124 477

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94210
₽94273
₽97162
₽69868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 731
health
-
-
-
2 882
national
-
-
-
41 756
total
-
-
-
82 369
Employee
49 224
-
178 767
-
municipal
8 063
-
29 099
-
national
813
-
26 770
-
pensions
3 322
-
12 066
-
unemployment
739
-
2 681
-
health
368
-
2 363
-
total
13 305
-
72 979
-
Employer
49 224
-
178 767
-
pensions
8 540
-
31 016
-
unemployment
320
-
1 161
-
accident
50
-
179
-
health
378
-
1 376
-
total
9 288
-
33 732
-
Corporate
153 988
212 500
-
-
income
30 798
42 500
-
-
total
30 798
42 500
-
-
Dividends

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

92 393
127 500
-
-
municipal
16 631
22 950
-
-
national
9 395
16 856
-
-
total
26 026
39 806
-
-
Income
212 500
212 500
212 500
212 500
Total tax
79 417
82 306
106 711
82 369
After tax
133 083
130 194
105 789
130 131
Living cost
35 921
35 921
35 921
35 921
Free-cash
97 162
94 273
69 868
94 210

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121194
₽133203
₽128112
₽119453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 419
social contributions
-
-
-
15 138
income
-
-
-
49 087
total
-
-
-
69 644
Employee
71 944
71 944
200 732
-
social contributions
2 720
5 971
8 054
-
income
7 833
6 660
48 151
-
health
558
1 223
3 412
-
total
11 111
13 854
59 617
-
Employer
71 944
71 944
200 732
-
social contributions
2 720
5 971
8 054
-
health
605
1 332
3 714
-
total
3 325
7 303
11 768
-
Corporate
176 402
133 254
-
-
income
22 050
16 656
-
-
total
22 050
16 656
-
-
Dividends
154 352
116 598
-
-
withholding
26 240
19 822
-
-
total
26 240
19 822
-
-
Income
212 500
212 500
212 500
212 500
Total tax
62 726
57 635
71 385
69 644
After tax
149 774
154 865
141 115
142 856
Living cost
21 662
21 662
21 662
21 662
Free-cash
128 112
133 203
119 453
121 194

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166267
₽161116
₽156355
₽147499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
22 014
total
-
-
-
31 378
Employee

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

21 475
-
203 356
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
19 696
-
health
1 825
-
7 546
-
total
6 621
-
41 002
-
Employer

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

21 475
-
203 356
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
188 814
212 500
-
-
income
16 993
19 126
-
-
total
16 993
19 126
-
-
Dividends
171 821
193 374
-
-
withholding
15 465
17 403
-
-
total
15 465
17 403
-
-
Income
212 500
212 500
212 500
212 500
Total tax
41 290
36 529
50 146
31 378
After tax
171 210
175 971
162 354
181 122
Living cost
14 855
14 855
14 855
14 855
Free-cash
156 355
161 116
147 499
166 267

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92993
₽115343
₽111210
₽89067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
67 763
total
-
-
-
93 779
Employee
34 595
-
184 854
-
pensions
1 626
-
4 077
-
other
34
-
87
-
unemployment
536
-
1 344
-
income
6 670
-
64 551
-
total
8 866
-
70 059
-
Employer
34 595
-
184 854
-
pensions
8 164
-
20 466
-
other
277
-
694
-
unemployment
1 903
-
4 769
-
accident
685
-
1 717
-
total
11 029
-
27 646
-
Corporate
166 876
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.

25 031
31 875
-
-
total
25 031
31 875
-
-
Dividends
141 845
180 625
-
-
withholding
30 636
39 554
-
-
total
30 636
39 554
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 562
71 429
97 705
93 779
After tax
136 938
141 071
114 795
118 721
Living cost
25 728
25 728
25 728
25 728
Free-cash
111 210
115 343
89 067
92 993

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135235
₽130779
₽130480
₽135105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
73 153
total
-
-
-
75 444
Employee
2 773
-
211 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
73 084
-
health
139
-
332
-
total
953
-
74 080
-
Employer
2 773
-
211 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
209 103
212 500
-
-
income
46 003
46 750
-
-
total
46 003
46 750
-
-
Dividends
163 100
165 750
-
-
withholding
32 620
33 150
-
-
total
32 620
33 150
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 199
79 900
75 574
75 444
After tax
132 301
132 600
136 926
137 056
Living cost
1 821
1 821
1 821
1 821
Free-cash
130 480
130 779
135 105
135 235

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120981
₽137356
₽132754
₽120981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
49 218
total
-
-
-
75 345
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.

24 390
-
200 128
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
49 218
-
health
1 256
-
3 560
-
total
8 216
-
62 973
-
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.

24 390
-
200 128
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
183 744
212 500
-
-
income
27 562
31 875
-
-
total
27 562
31 875
-
-
Dividends
156 182
180 625
-
-
withholding
23 427
27 094
-
-
total
23 427
27 094
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 571
58 969
75 345
75 345
After tax
148 929
153 531
137 155
137 155
Living cost
16 174
16 174
16 174
16 174
Free-cash
132 754
137 356
120 981
120 981

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85520
₽95648
₽95310
₽68850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
income
-
-
-
27 913
total
-
-
-
101 757
Employee
36 313
-
171 717
-
social contributions
3 995
-
18 889
-
surtax
-
-
270
-
income
7 095
-
58 485
-
total
11 090
-
77 644
-
Employer
36 313
-
171 717
-
social contributions
8 624
-
40 783
-
total
8 624
-
40 783
-
Corporate
167 563
212 500
-
-
income
35 188
44 625
-
-
surtax
-
-
-
-
total
35 188
44 625
-
-
Dividends
132 375
167 875
-
-
withholding
37 065
47 004
-
-
total
37 065
47 004
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 967
91 629
118 427
101 757
After tax
120 533
120 871
94 073
110 743
Living cost
25 223
25 223
25 223
25 223
Free-cash
95 310
95 648
68 850
85 520

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85840
₽108190
₽102066
₽81914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
67 763
total
-
-
-
93 779
Employee
45 186
-
184 854
-
pensions
2 123
-
4 077
-
other
44
-
87
-
unemployment
700
-
1 344
-
income
9 438
-
64 551
-
total
12 305
-
70 059
-
Employer
45 186
-
184 854
-
pensions
10 664
-
20 466
-
other
362
-
694
-
unemployment
2 486
-
4 769
-
accident
895
-
1 717
-
total
14 407
-
27 646
-
Corporate
152 908
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.

22 936
31 875
-
-
total
22 936
31 875
-
-
Dividends
129 972
180 625
-
-
withholding
27 905
39 554
-
-
total
27 905
39 554
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 553
71 429
97 705
93 779
After tax
134 947
141 071
114 795
118 721
Living cost
32 881
32 881
32 881
32 881
Free-cash
102 066
108 190
81 914
85 840

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155805
₽165594
₽159893
₽164655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
31 875
total
-
-
-
40 601
Employee
21 311
-
206 088
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
20 609
-
health
980
-
1 503
-
total
5 216
-
25 340
-
Employer
21 311
-
206 088
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
187 008
212 500
-
-
income
18 701
21 250
-
-
total
18 701
21 250
-
-
Dividends
168 307
191 250
-
-
withholding
8 415
9 562
-
-
total
8 415
9 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
36 513
30 812
31 751
40 601
After tax
175 987
181 688
180 749
171 899
Living cost
16 094
16 094
16 094
16 094
Free-cash
159 893
165 594
164 655
155 805

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70857
₽73163
₽85405
₽95108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 251
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.

-
-
-
6 392
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.

-
-
-
3 904
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.

-
-
-
70 975
total
-
-
-
105 522
Employee

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

46 552
-
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.

211
-
3 904
-
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.

3 828
-
70 975
-
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.

6 392
-
6 392
-
total
10 431
-
81 271
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 948
212 500
-
-
trade
23 813
30 494
-
-
income
24 892
31 875
-
-
chamber of commerce
385
453
-
-
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.

1 369
1 752
-
-
total
50 459
64 574
-
-
Dividends
115 488
147 925
-
-
withholding
28 516
36 627
-
-
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.

1 568
2 015
-
-
total
30 084
38 642
-
-
Income
212 500
212 500
212 500
212 500
Total tax
90 974
103 216
81 271
105 522
After tax
121 526
109 284
131 229
106 978
Living cost
36 121
36 121
36 121
36 121
Free-cash
85 405
73 163
95 108
70 857

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53112
₽95453
₽97521
₽53112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 557
income
-
-
-
69 535
total
-
-
-
106 092
Employee
73 185
-
212 500
-
social contributions
6 080
-
36 557
-
income
13 810
-
69 535
-
total
19 890
-
106 092
-
Employer
73 185
-
212 500
-
total
-
-
-
-
Corporate
139 315
212 500
-
-
income
17 414
26 563
-
-
total
17 414
26 563
-
-
Dividends
121 901
185 937
-
-
withholding
24 379
37 188
-
-
total
24 379
37 188
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 683
63 751
106 092
106 092
After tax
150 817
148 749
106 408
106 408
Living cost
53 296
53 296
53 296
53 296
Free-cash
97 521
95 453
53 112
53 112

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140924
₽99219
₽102490
₽114218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 738
income
-
-
-
31 875
total
-
-
-
37 613
Employee
42 920
-
208 196
-
social contributions
4 300
-
4 304
-
income
4 657
-
55 711
-
total
8 957
-
60 015
-
Employer
42 920
-
208 196
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
165 280
212 500
-
-
income
57 847
74 375
-
-
total
57 847
74 375
-
-
Dividends
107 432
138 125
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 047
79 318
64 319
37 613
After tax
136 453
133 182
148 181
174 887
Living cost
33 963
33 963
33 963
33 963
Free-cash
102 490
99 219
114 218
140 924

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102993
₽99519
₽104955
₽84040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 277
income
-
-
-
66 121
total
-
-
-
75 398
Employee
46 820
-
185 160
-
pensions
3 573
-
11 038
-
income
8 526
-
53 485
-
health
611
-
2 488
-
total
12 710
-
67 011
-
Employer
46 820
-
185 160
-
pensions
4 730
-
23 821
-
health
890
-
3 519
-
total
5 620
-
27 340
-
Corporate
160 060
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.

30 412
40 374
-
-
total
30 412
40 374
-
-
Dividends
129 648
172 126
-
-
withholding
24 694
38 498
-
-
total
24 694
38 498
-
-
Income
212 500
212 500
212 500
212 500
Total tax
73 436
78 872
94 351
75 398
After tax
139 064
133 628
118 149
137 102
Living cost
34 109
34 109
34 109
34 109
Free-cash
104 955
99 519
84 040
102 993

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽122435
-₽5457
₽13736
₽94335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
60 768
total
-
-
-
67 396
Employee
35 659
-
194 022
-
pensions
4 015
-
7 260
-
income
4 892
-
47 544
-
health
4 083
-
22 215
-
total
12 990
-
77 019
-
Employer
35 659
-
194 022
-
pensions
5 798
-
10 484
-
unemployment
874
-
4 753
-
accident
595
-
3 240
-
total
7 267
-
18 477
-
Corporate
169 574
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.

152 616
191 250
-
-
total
152 616
191 250
-
-
Dividends
16 957
21 250
-
-
withholding
3 222
4 038
-
-
total
3 222
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 095
195 288
95 496
67 396
After tax
36 405
17 212
117 004
145 104
Living cost
22 669
22 669
22 669
22 669
Free-cash
13 736
-5 457
94 335
122 435

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123051
₽149947
₽147121
₽143587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 481
health insurance
-
-
-
11 052
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
35 762
total
-
-
-
76 834
Employee

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

20 184
-
212 500
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
35 762
-
work injury
101
-
373
-
total
7 569
-
56 298
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 316
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%.

19 232
21 250
-
-
total
19 232
21 250
-
-
Dividends
173 085
191 250
-
-
withholding
25 963
28 688
-
-
total
25 963
28 688
-
-
Income
212 500
212 500
212 500
212 500
Total tax
52 764
49 938
56 298
76 834
After tax
159 736
162 562
156 202
135 666
Living cost
12 615
12 615
12 615
12 615
Free-cash
147 121
149 947
143 587
123 051

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62592
₽74659
₽70403
₽54908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 491
regional
-
-
-
5 205
social contributions
-
-
-
46 827
national
-
-
-
59 113
total
-
-
-
112 636
Employee
78 840
-
212 500
-
social contributions
26 584
-
61 391
-
municipal
471
-
1 360
-
regional
1 190
-
4 720
-
national
13 323
-
52 849
-
total
41 568
-
120 320
-
Employer
78 840
-
212 500
-
total
-
-
-
-
Corporate
133 660
212 500
-
-
nationa
32 078
50 999
-
-
municipal
6 443
10 243
-
-
total
38 521
61 242
-
-
Dividends
95 139
151 258
-
-
withholding
24 736
39 327
-
-
total
24 736
39 327
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 825
100 569
120 320
112 636
After tax
107 675
111 931
92 180
99 864
Living cost
37 272
37 272
37 272
37 272
Free-cash
70 403
74 659
54 908
62 592

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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