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
₽102939
₽78845
₽76300
₽89161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 906
trade
-
-
-
26 639
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.

-
-
-
71 031
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.

-
-
-
6 372
total
-
-
-
107 948
Employee

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

35 675
-
212 500
-
health

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

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

6 372
-
6 372
-
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
-
3 906
-
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.

997
-
71 031
-
total
7 424
-
81 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 825
212 500
-
-
chamber of commerce
396
448
-
-
trade
27 850
33 470
-
-
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.

1 459
1 752
-
-
income
26 524
31 875
-
-
total
56 229
67 545
-
-
Dividends
120 596
144 956
-
-
withholding
29 795
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.

1 639
1 974
-
-
total
31 434
37 858
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 087
105 403
81 309
107 948
After tax
117 413
107 097
131 191
104 552
Living cost
28 252
28 252
28 252
28 252
Free-cash
89 161
78 845
102 939
76 300

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73053
₽82863
₽71912
₽82036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 560
social contributions
-
-
-
2 284
national
-
-
-
39 507
pensions
-
-
-
25 500
total
-
-
-
90 851
Employee
77 101
-
183 704
-
pensions
3 084
-
7 348
-
national
14 757
-
41 308
-
municipal
9 523
-
24 383
-
total
27 364
-
73 039
-
Employer
77 101
-
183 704
-
pensions
6 168
-
14 696
-
social contributions
829
-
1 975
-
total
6 997
-
16 671
-
Corporate
123 313
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%.

24 663
42 500
-
-
total
24 663
42 500
-
-
Dividends
98 650
170 000
-
-
withholding
21 703
37 400
-
-
total
21 703
37 400
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 727
79 900
89 710
90 851
After tax
131 773
132 600
122 790
121 649
Living cost
49 737
49 737
49 737
49 737
Free-cash
82 036
82 863
73 053
71 912

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73126
₽150595
₽58066
₽142945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
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.

-
-
-
35 737
income
-
-
-
45 104
total
-
-
-
135 029
Employee
27 255
-
167 316
-
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.

2 998
-
12 227
-
surtax
-
-
24 260
-
income
4 852
-
38 298
-
total
7 850
-
74 785
-
Employer
27 255
-
167 316
-
surtax
-
-
18 405
-
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.

6 565
-
26 779
-
total
6 565
-
45 184
-
Corporate
178 680
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%.

35 735
42 500
-
-
total
35 735
42 500
-
-
Dividends

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

142 945
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
50 150
42 500
119 969
135 029
After tax
162 350
170 000
92 531
77 471
Living cost
19 405
19 405
19 405
19 405
Free-cash
142 945
150 595
73 126
58 066

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96826
₽66852
₽74890
₽61138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
76 107
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
98 537
Employee
79 651
79 651
195 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
36 837
-
total
39 601
34 365
59 267
-
Employer
79 651
79 651
195 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
119 878
118 901
-
-
income
23 975
23 780
-
-
total
23 975
23 780
-
-
Dividends
95 903
95 120
-
-
withholding
14 385
14 268
-
-
income
20 380
20 214
-
-
total
34 765
34 482
-
-
Income
212 500
212 500
212 500
212 500
Total tax
112 289
106 575
76 601
98 537
After tax
100 211
105 925
135 899
113 963
Living cost
39 073
39 073
39 073
39 073
Free-cash
61 138
66 852
96 826
74 890

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67674
₽78341
₽68586
₽77496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 233
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
26 070
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
106 230
Employee
53 696
-
186 550
-
national
-
-
25 564
-
municipal
16 012
-
55 629
-
total
16 012
-
81 193
-
Employer
53 696
-
186 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
141 932
212 500
-
-
income
31 225
46 750
-
-
total
31 225
46 750
-
-
Dividends
110 707
165 750
-
-
withholding
33 212
49 725
-
-
total
33 212
49 725
-
-
Income
212 500
212 500
212 500
212 500
Total tax
97 320
96 475
107 142
106 230
After tax
115 180
116 025
105 358
106 270
Living cost
37 684
37 684
37 684
37 684
Free-cash
77 496
78 341
67 674
68 586

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽94549
₽69363
₽66726
₽82469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 906
trade
-
-
-
27 823
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.

-
-
-
71 031
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.

-
-
-
6 372
total
-
-
-
109 132
Employee

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

47 301
-
212 500
-
health

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

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

6 372
-
6 372
-
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.

223
-
3 906
-
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.

4 064
-
71 031
-
total
10 659
-
81 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 199
212 500
-
-
chamber of commerce
377
444
-
-
trade
27 175
34 956
-
-
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.

1 363
1 752
-
-
income
24 780
31 875
-
-
total
53 695
69 027
-
-
Dividends
111 504
143 472
-
-
withholding
27 522
35 514
-
-
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
1 954
-
-
total
29 035
37 468
-
-
Income
212 500
212 500
212 500
212 500
Total tax
93 389
106 495
81 309
109 132
After tax
119 111
106 005
131 191
103 368
Living cost
36 642
36 642
36 642
36 642
Free-cash
82 469
69 363
94 549
66 726

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110837
₽124608
₽112577
₽120743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
49 161
health
-
-
-
5 418
total
-
-
-
69 670
Employee
71 723
71 723
200 758
-
health
713
1 220
3 413
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
48 225
-
total
11 729
13 812
59 667
-
Employer
71 723
71 723
200 758
-
health
777
1 328
3 714
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
11 743
-
Corporate
166 255
133 497
-
-
income
20 782
16 688
-
-
total
20 782
16 688
-
-
Dividends
145 473
116 809
-
-
withholding
24 731
19 858
-
-
total
24 731
19 858
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 504
57 639
71 410
69 670
After tax
150 996
154 861
141 090
142 830
Living cost
30 253
30 253
30 253
30 253
Free-cash
120 743
124 608
110 837
112 577

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106485
₽102561
₽130506
₽102908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 188
income
-
-
-
25 978
pensions
-
-
-
21 250
health
-
-
-
14 875
total
-
-
-
65 291
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.

24 110
9 596
177 824
-
health
1 688
672
12 448
-
pensions
2 411
960
17 782
-
unemployment
362
144
2 667
-
income
2 948
1 173
21 739
-
total
7 409
2 949
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.

24 110
9 596
177 824
-
pensions
4 702
1 871
34 676
-
total
4 702
1 871
34 676
-
Corporate
183 688
201 033
-
-
income
16 532
18 093
-
-
total
16 532
18 093
-
-
Dividends
167 156
182 940
-
-
withholding
31 760
34 759
-
-
social contributions
32 486
35 564
-
-
total
64 246
70 323
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 889
93 236
89 312
65 291
After tax
119 611
119 264
123 188
147 209
Living cost
16 703
16 703
16 703
16 703
Free-cash
102 908
102 561
106 485
130 506

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99952
₽147471
₽91371
₽141679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
28 475
pensions
-
-
-
42 500
health
-
-
-
27 625
total
-
-
-
98 600
Employee
26 460
-
158 818
-
unemployment
423
-
2 542
-
pensions
529
-
3 177
-
income
2 979
-
30 620
-
total
3 931
-
36 339
-
Employer
26 460
-
158 818
-
unemployment
212
-
1 271
-
health
3 439
-
20 646
-
pensions
5 292
-
31 763
-
total
8 943
-
53 680
-
Corporate
177 096
212 500
-
-
income
35 418
42 500
-
-
total
35 418
42 500
-
-
Dividends
141 678
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
48 292
42 500
90 019
98 600
After tax
164 208
170 000
122 481
113 900
Living cost
22 529
22 529
22 529
22 529
Free-cash
141 679
147 471
99 952
91 371

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96204
-₽3616
₽124272
₽14018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
351
income
-
-
-
60 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
67 399
Employee
32 765
-
194 074
-
health
3 752
-
22 221
-
pensions
3 689
-
7 223
-
income
4 495
-
47 596
-
total
11 936
-
77 040
-
Employer
32 765
-
194 074
-
unemployment
803
-
4 755
-
accident
547
-
3 241
-
pensions
5 328
-
10 431
-
total
6 678
-
18 427
-
Corporate
173 057
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.

155 751
191 250
-
-
total
155 751
191 250
-
-
Dividends
17 306
21 250
-
-
withholding
3 288
4 037
-
-
total
3 288
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
177 653
195 287
95 467
67 399
After tax
34 847
17 213
117 033
145 101
Living cost
20 829
20 829
20 829
20 829
Free-cash
14 018
-3 616
96 204
124 272

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162446
₽194321
₽202821
₽192905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
212 500
-
income
1 888
-
42 500
-
total
1 888
-
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%.

203 057
212 500
-
-
total
-
-
-
-
Dividends
203 057
212 500
-
-
withholding
10 153
10 625
-
-
total
10 153
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 041
10 625
42 500
2 125
After tax
200 459
201 875
170 000
210 375
Living cost
7 554
7 554
7 554
7 554
Free-cash
192 905
194 321
162 446
202 821

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101455
₽131272
₽103204
₽124973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
6 737
income
-
-
-
37 424
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
84 443
Employee
33 866
-
176 480
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
36 840
-
total
9 012
-
50 172
-
Employer
33 866
-
176 480
-
unemployment
338
-
1 418
-
accident
271
-
1 412
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 020
-
Corporate
170 098
212 500
-
-
income
35 721
44 624
-
-
total
35 721
44 624
-
-
Dividends
134 377
167 876
-
-
withholding
9 406
11 751
-
-
total
9 406
11 751
-
-
Income
212 500
212 500
212 500
212 500
Total tax
62 674
56 375
86 192
84 443
After tax
149 826
156 125
126 308
128 057
Living cost
24 853
24 853
24 853
24 853
Free-cash
124 973
131 272
101 455
103 204

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55597
₽71216
₽74571
₽78777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 733
pensions
-
-
-
9 390
total
-
-
-
75 123
Employee
88 860
-
185 196
-
health
1 464
-
2 503
-
pensions
8 573
-
11 206
-
income
16 018
-
53 084
-
total
26 055
-
66 793
-
Employer
88 860
-
185 196
-
health
1 688
-
3 518
-
pensions
10 492
-
23 786
-
total
12 180
-
27 304
-
Corporate
111 460
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.

21 178
40 375
-
-
total
21 178
40 375
-
-
Dividends
90 282
172 125
-
-
withholding
11 504
38 103
-
-
total
11 504
38 103
-
-
Income
212 500
212 500
212 500
212 500
Total tax
70 917
78 478
94 097
75 123
After tax
141 583
134 022
118 403
137 377
Living cost
62 806
62 806
62 806
62 806
Free-cash
78 777
71 216
55 597
74 571

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽168540
₽169453
₽159689
₽165120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
31 875
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
40 577
Employee
16 200
-
206 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
20 610
-
total
3 965
-
25 330
-
Employer
16 200
-
206 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
193 121
212 500
-
-
income
19 312
21 250
-
-
total
19 312
21 250
-
-
Dividends
173 809
191 250
-
-
withholding
8 691
9 563
-
-
total
8 691
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
35 146
30 813
31 726
40 577
After tax
177 354
181 687
180 774
171 923
Living cost
12 234
12 234
12 234
12 234
Free-cash
165 120
169 453
168 540
159 689

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84178
₽54204
₽62242
₽56552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
76 107
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
98 537
Employee
86 476
79 651
195 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
36 837
-
total
34 754
34 365
59 267
-
Employer
86 476
79 651
195 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
110 883
118 901
-
-
income
22 177
23 780
-
-
total
22 177
23 780
-
-
Dividends
88 706
95 120
-
-
withholding
13 305
14 268
-
-
income
18 851
20 214
-
-
total
32 156
34 482
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 227
106 575
76 601
98 537
After tax
108 273
105 925
135 899
113 963
Living cost
51 721
51 721
51 721
51 721
Free-cash
56 552
54 204
84 178
62 242

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93532
₽123515
₽102864
₽115383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 709
social contributions
-
-
-
32 796
income
-
-
-
22 652
health
-
-
-
28 688
total
-
-
-
86 845
Employee
33 517
-
169 194
-
health
4 525
-
22 841
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
1 872
-
income
4 022
-
20 858
-
total
10 726
-
52 871
-
Employer
33 517
-
169 194
-
health
3 017
-
15 227
-
social contributions
8 379
-
28 079
-
total
11 396
-
43 306
-
Corporate
167 588
212 500
-
-
income
31 842
40 375
-
-
total
31 842
40 375
-
-
Dividends
135 746
172 125
-
-
withholding
20 362
25 819
-
-
total
20 362
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 326
66 194
96 177
86 845
After tax
138 174
146 306
116 323
125 655
Living cost
22 791
22 791
22 791
22 791
Free-cash
115 383
123 515
93 532
102 864

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55314
₽74020
₽63220
₽69150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 326
social contributions
-
-
-
46 683
national
-
-
-
59 213
regional
-
-
-
2 700
total
-
-
-
109 922
Employee
82 895
-
212 500
-
social contributions
27 952
-
61 202
-
national
14 364
-
52 968
-
regional
782
-
2 447
-
municipal
439
-
1 211
-
total
43 537
-
117 828
-
Employer
82 895
-
212 500
-
total
-
-
-
-
Corporate
129 605
212 500
-
-
municipal
5 055
8 287
-
-
nationa
31 105
51 000
-
-
total
36 160
59 287
-
-
Dividends
93 445
153 213
-
-
withholding
24 295
39 835
-
-
total
24 295
39 835
-
-
Income
212 500
212 500
212 500
212 500
Total tax
103 992
99 122
117 828
109 922
After tax
108 508
113 378
94 672
102 578
Living cost
39 358
39 358
39 358
39 358
Free-cash
69 150
74 020
55 314
63 220

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73639
₽113081
₽79339
₽110175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 381
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
67 251
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
112 579
Employee
30 845
-
186 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
10 264
-
other
-
-
-
-
income
5 170
-
61 671
-
total
10 263
-
92 076
-
Employer
30 845
-
186 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
175 163
212 500
-
-
income
45 543
55 250
-
-
total
45 543
55 250
-
-
Dividends
129 620
157 250
-
-
withholding
19 444
23 587
-
-
total
19 444
23 587
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 743
78 837
118 279
112 579
After tax
130 757
133 663
94 221
99 921
Living cost
20 582
20 582
20 582
20 582
Free-cash
110 175
113 081
73 639
79 339

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽75496
₽91115
₽94470
₽97318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 733
pensions
-
-
-
9 390
total
-
-
-
75 123
Employee
59 552
-
185 196
-
health
864
-
2 503
-
pensions
5 055
-
11 206
-
income
10 726
-
53 084
-
total
16 645
-
66 793
-
Employer
59 552
-
185 196
-
health
1 131
-
3 518
-
pensions
6 447
-
23 786
-
total
7 578
-
27 304
-
Corporate
145 370
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.

27 621
40 375
-
-
total
27 621
40 375
-
-
Dividends
117 750
172 125
-
-
withholding
20 431
38 103
-
-
total
20 431
38 103
-
-
Income
212 500
212 500
212 500
212 500
Total tax
72 275
78 478
94 097
75 123
After tax
140 225
134 022
118 403
137 377
Living cost
42 907
42 907
42 907
42 907
Free-cash
97 318
91 115
75 496
94 470

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽87115
₽23401
₽95032
₽54962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 240
other

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

-
-
-
4 250
national
-
-
-
5 363
pensions
-
-
-
19 550
regional
-
-
-
11 817
health
-
-
-
477
total
-
-
-
43 697
Employee
86 331
-
191 166
-
health
195
-
430
-
pensions
7 253
-
14 978
-
unemployment
-
-
-
-
city
927
-
2 067
-
national
409
-
4 401
-
regional
2 827
-
10 506
-
total
11 611
-
32 382
-
Employer
86 331
-
191 166
-
unemployment
-
-
-
-
health
195
-
430
-
pensions
7 253
-
14 978
-
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.

1 726
-
3 824
-
total
9 174
-
19 232
-
Corporate
116 046
212 500
-
-
regional
24 544
44 944
-
-
national
9 864
18 062
-
-
total
34 408
63 006
-
-
Dividends
81 638
149 494
-
-
withholding
28 574
52 322
-
-
total
28 574
52 322
-
-
Income
212 500
212 500
212 500
212 500
Total tax
83 767
115 328
51 614
43 697
After tax
128 733
97 172
160 886
168 803
Living cost
73 771
73 771
73 771
73 771
Free-cash
54 962
23 401
87 115
95 032

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88462
₽62185
₽59455
₽77308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 906
trade
-
-
-
29 007
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.

-
-
-
71 031
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.

-
-
-
6 372
total
-
-
-
110 316
Employee

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

56 055
-
212 500
-
health

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

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

6 372
-
6 372
-
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.

363
-
3 906
-
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.

6 592
-
71 031
-
total
13 327
-
81 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 445
212 500
-
-
chamber of commerce
361
441
-
-
trade
26 830
36 443
-
-
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.

1 290
1 752
-
-
income
23 467
31 875
-
-
total
51 948
70 511
-
-
Dividends
104 496
141 989
-
-
withholding
25 770
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.

1 418
1 933
-
-
total
27 188
37 075
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 463
107 586
81 309
110 316
After tax
120 037
104 914
131 191
102 184
Living cost
42 729
42 729
42 729
42 729
Free-cash
77 308
62 185
88 462
59 455

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77743
₽75189
₽84140
₽80696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 588
social contributions
-
-
-
6 055
income
-
-
-
40 018
pensions
-
-
-
33 298
health
-
-
-
10 489
total
-
-
-
96 448
Employee
39 919
-
161 971
-
social contributions
1 138
-
4 616
-
pensions
4 514
-
12 296
-
surtax
-
-
-
-
income
2 356
-
35 403
-
total
8 008
-
52 315
-
Employer
39 919
-
161 971
-
unemployment
1 616
-
6 560
-
health
2 795
-
16 209
-
pensions
6 558
-
20 515
-
other
1 377
-
6 759
-
social contributions
120
-
487
-
total
12 466
-
50 530
-
Corporate
160 114
212 500
-
-
surtax
-
-
-
-
income
44 831
59 500
-
-
total
44 831
59 500
-
-
Dividends
115 283
153 000
-
-
withholding
14 757
19 584
-
-
surtax
-
-
-
-
social contributions
19 830
26 315
-
-
total
34 587
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 892
105 399
102 845
96 448
After tax
112 608
107 101
109 655
116 052
Living cost
31 912
31 912
31 912
31 912
Free-cash
80 696
75 189
77 743
84 140

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80905
₽78351
₽87302
₽83534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 588
social contributions
-
-
-
6 055
income
-
-
-
40 018
pensions
-
-
-
33 298
health
-
-
-
10 489
total
-
-
-
96 448
Employee
35 634
-
161 971
-
social contributions
1 016
-
4 616
-
pensions
4 030
-
12 296
-
surtax
-
-
-
-
income
1 837
-
35 403
-
total
6 883
-
52 315
-
Employer
35 634
-
161 971
-
unemployment
1 443
-
6 560
-
health
2 494
-
16 209
-
pensions
5 855
-
20 515
-
other
1 230
-
6 759
-
social contributions
106
-
487
-
total
11 128
-
50 530
-
Corporate
165 738
212 500
-
-
surtax
-
-
-
-
income
46 407
59 500
-
-
total
46 407
59 500
-
-
Dividends
119 331
153 000
-
-
withholding
15 274
19 584
-
-
surtax
-
-
-
-
social contributions
20 524
26 315
-
-
total
35 798
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
100 216
105 399
102 845
96 448
After tax
112 284
107 101
109 655
116 052
Living cost
28 750
28 750
28 750
28 750
Free-cash
83 534
78 351
80 905
87 302

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽110892
₽109864
₽116690
₽110350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 324
income
-
-
-
31 875
health
-
-
-
14 833
total
-
-
-
76 032
Employee
31 625
-
212 500
-
health
2 207
-
14 833
-
social contributions
4 365
-
29 324
-
income
5 275
-
37 673
-
total
11 847
-
81 830
-
Employer
31 625
-
212 500
-
total
-
-
-
-
Corporate
180 875
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%.

9 043
10 626
-
-
total
9 043
10 626
-
-
Dividends
171 832
201 874
-
-
withholding
25 775
30 282
-
-
health
11 994
14 091
-
-
social contributions
23 713
27 859
-
-
total
61 482
72 232
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 372
82 858
81 830
76 032
After tax
130 128
129 642
130 670
136 468
Living cost
19 778
19 778
19 778
19 778
Free-cash
110 350
109 864
110 892
116 690

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22818
₽84248
₽75952
₽82808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
850
unemployment
-
-
-
5 721
income
-
-
-
68 433
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
103 682
Employee
46 614
37 171
176 059
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
57 512
-
total
13 749
9 474
77 245
-
Employer
46 614
37 171
176 059
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
5 282
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
7 792
-
surtax
184
184
184
-
chamber of commerce
186
149
704
-
total
13 596
10 882
36 441
-
Corporate
152 289
164 447
172 519
-
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.

38 072
41 113
43 130
-
total
38 072
41 113
43 130
-
Dividends
114 217
123 335
-
-
withholding
31 409
33 917
-
-
total
31 409
33 917
-
-
Income
212 500
212 500
212 500
212 500
Total tax
96 826
95 386
156 816
103 682
After tax
115 674
117 114
55 684
108 818
Living cost
32 866
32 866
32 866
32 866
Free-cash
82 808
84 248
22 818
75 952

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38118
₽82455
₽58430
₽70745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
11 355
national
-
-
-
85 452
total
-
-
-
120 061
Employee

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

66 719
-
164 587
-
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.

3 135
-
7 735
-
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.

5 004
-
12 344
-
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.

581
-
1 432
-
national
20 512
-
62 367
-
communal

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

3 480
-
8 585
-
total
32 712
-
92 463
-
Employer

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

66 719
-
164 587
-
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.

974
-
2 404
-
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.

867
-
2 140
-
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.

4 103
-
10 121
-
pensions

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

5 912
-
14 582
-
surtax
7 565
-
18 663
-
total
19 421
-
47 910
-
Corporate
126 360
212 500
-
-
surtax
506
913
-
-
income
25 273
45 695
-
-
total
25 779
46 608
-
-
Dividends
100 582
165 891
-
-
withholding

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

29 834
49 428
-
-
total
29 834
49 428
-
-
Income
212 500
212 500
212 500
212 500
Total tax
107 746
96 036
140 373
120 061
After tax
104 754
116 464
72 127
92 439
Living cost
34 009
34 009
34 009
34 009
Free-cash
70 745
82 455
38 118
58 430

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81115
₽107378
₽85029
₽100990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
67 850
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
93 786
Employee
46 429
-
184 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
64 648
-
total
12 744
-
70 139
-
Employer
46 429
-
184 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
151 272
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.

22 690
31 875
-
-
total
22 690
31 875
-
-
Dividends
128 582
180 625
-
-
withholding
27 591
39 562
-
-
total
27 591
39 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 825
71 437
97 700
93 786
After tax
134 675
141 063
114 800
118 714
Living cost
33 685
33 685
33 685
33 685
Free-cash
100 990
107 378
81 115
85 029

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57447
₽69419
₽48977
₽56593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
10 535
income
-
-
-
40 298
communal
-
-
-
13 429
pensions
-
-
-
31 852
accident
-
-
-
1 791
health
-
-
-
14 930
total
-
-
-
112 835
Employee
70 635
-
189 817
-
health
3 144
-
8 447
-
pensions
5 650
-
15 185
-
surtax
4 329
-
11 633
-
income
6 823
-
46 417
-
total
19 946
-
81 682
-
Employer
70 635
-
189 817
-
accident
635
-
1 708
-
health
2 154
-
5 790
-
pensions
5 650
-
15 185
-
total
8 439
-
22 683
-
Corporate
133 426
212 500
-
-
communal
9 006
14 344
-
-
surtax
1 400
2 232
-
-
income
20 014
31 875
-
-
total
30 420
48 451
-
-
Dividends
103 006
164 049
-
-
withholding
15 451
24 607
-
-
income
30 963
19 335
-
-
total
46 414
43 942
-
-
Income
212 500
212 500
212 500
212 500
Total tax
105 219
92 393
104 365
112 835
After tax
107 281
120 107
108 135
99 665
Living cost
50 688
50 688
50 688
50 688
Free-cash
56 593
69 419
57 447
48 977

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73271
₽112713
₽78971
₽109745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 381
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
67 251
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
112 579
Employee
31 411
-
186 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
10 264
-
other
-
-
-
-
income
5 266
-
61 671
-
total
10 462
-
92 076
-
Employer
31 411
-
186 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
174 476
212 500
-
-
income
45 364
55 250
-
-
total
45 364
55 250
-
-
Dividends
129 112
157 250
-
-
withholding
19 366
23 587
-
-
total
19 366
23 587
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 805
78 837
118 279
112 579
After tax
130 695
133 663
94 221
99 921
Living cost
20 950
20 950
20 950
20 950
Free-cash
109 745
112 713
73 271
78 971

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68921
₽86569
₽76786
₽84497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 326
social contributions
-
-
-
46 683
national
-
-
-
59 213
regional
-
-
-
3 366
total
-
-
-
110 588
Employee
51 740
-
212 500
-
social contributions
17 447
-
61 202
-
national
8 197
-
52 968
-
regional
697
-
3 072
-
municipal
274
-
1 211
-
total
26 615
-
118 453
-
Employer
51 740
-
212 500
-
total
-
-
-
-
Corporate
160 760
212 500
-
-
municipal
7 990
10 562
-
-
nationa
38 583
51 000
-
-
total
46 573
61 562
-
-
Dividends
114 187
150 938
-
-
withholding
29 689
39 243
-
-
total
29 689
39 243
-
-
Income
212 500
212 500
212 500
212 500
Total tax
102 877
100 805
118 453
110 588
After tax
109 623
111 695
94 047
101 912
Living cost
25 126
25 126
25 126
25 126
Free-cash
84 497
86 569
68 921
76 786

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88238
₽118221
₽97570
₽108201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 709
social contributions
-
-
-
32 796
income
-
-
-
22 652
health
-
-
-
28 688
total
-
-
-
86 845
Employee
41 301
-
169 194
-
health
5 576
-
22 841
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
1 872
-
income
4 956
-
20 858
-
total
13 217
-
52 871
-
Employer
41 301
-
169 194
-
health
3 717
-
15 227
-
social contributions
10 325
-
28 079
-
total
14 042
-
43 306
-
Corporate
157 156
212 500
-
-
income
29 860
40 375
-
-
total
29 860
40 375
-
-
Dividends
127 297
172 125
-
-
withholding
19 095
25 819
-
-
total
19 095
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 214
66 194
96 177
86 845
After tax
136 286
146 306
116 323
125 655
Living cost
28 085
28 085
28 085
28 085
Free-cash
108 201
118 221
88 238
97 570

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25973
₽87457
₽79245
₽86997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
850
unemployment
-
-
-
5 721
income
-
-
-
68 433
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
103 498
Employee
40 772
37 171
176 230
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
57 595
-
total
11 015
9 474
77 328
-
Employer
40 772
37 171
176 230
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
5 287
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
7 799
-
surtax
-
-
-
-
chamber of commerce
163
149
704
-
total
11 733
10 698
36 269
-
Corporate
159 994
164 631
172 690
-
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.

39 999
41 159
43 173
-
total
39 999
41 159
43 173
-
Dividends
119 995
123 473
-
-
withholding
32 999
33 955
-
-
total
32 999
33 955
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 746
95 286
156 770
103 498
After tax
116 754
117 214
55 730
109 002
Living cost
29 757
29 757
29 757
29 757
Free-cash
86 997
87 457
25 973
79 245

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158228
₽190103
₽198603
₽187896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
212 500
-
income
2 943
-
42 500
-
total
2 943
-
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%.

197 785
212 500
-
-
total
-
-
-
-
Dividends
197 785
212 500
-
-
withholding
9 889
10 625
-
-
total
9 889
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 832
10 625
42 500
2 125
After tax
199 668
201 875
170 000
210 375
Living cost
11 772
11 772
11 772
11 772
Free-cash
187 896
190 103
158 228
198 603

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68743
₽121289
₽73357
₽113485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
319
income
-
-
-
54 089
pensions
-
-
-
38 808
health
-
-
-
20 909
total
-
-
-
114 125
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.

41 246
-
183 871
-
health
2 664
-
11 879
-
pensions
6 393
-
28 499
-
unemployment
58
-
257
-
income
7 113
-
49 475
-
total
16 228
-
90 110
-
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.

41 246
-
183 871
-
unemployment
25
-
110
-
health
2 747
-
12 247
-
pensions
3 650
-
16 272
-
total
6 422
-
28 629
-
Corporate
164 833
212 500
-
-
income
31 319
40 374
-
-
total
31 319
40 374
-
-
Dividends
133 514
172 126
-
-
withholding
20 028
25 819
-
-
total
20 028
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
73 997
66 193
118 739
114 125
After tax
138 503
146 307
93 761
98 375
Living cost
25 018
25 018
25 018
25 018
Free-cash
113 485
121 289
68 743
73 357

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160293
₽89276
₽106845
₽45170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 421
total
-
-
-
65 646
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
74 245
212 500
-
-
income
16 334
46 750
-
-
total
16 334
46 750
-
-
Dividends
57 911
165 750
-
-
income
12 741
36 465
-
-
total
12 741
36 465
-
-
Income
212 500
212 500
212 500
212 500
Total tax
127 321
83 215
12 198
65 646
After tax
85 179
129 285
200 302
146 854
Living cost
40 009
40 009
40 009
40 009
Free-cash
45 170
89 276
160 293
106 845

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
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.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64759
₽91614
₽81453
₽90673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 946
total
-
-
-
101 790
Employee
42 898
-
171 717
-
social contributions
4 719
-
18 888
-
surtax
-
-
281
-
income
8 923
-
58 532
-
total
13 642
-
77 701
-
Employer
42 898
-
171 717
-
social contributions
10 188
-
40 783
-
total
10 188
-
40 783
-
Corporate
159 413
212 500
-
-
surtax
-
-
-
-
income
33 477
44 624
-
-
total
33 477
44 624
-
-
Dividends
125 937
167 876
-
-
withholding
35 263
47 005
-
-
total
35 263
47 005
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 570
91 629
118 484
101 790
After tax
119 930
120 871
94 016
110 710
Living cost
29 257
29 257
29 257
29 257
Free-cash
90 673
91 614
64 759
81 453

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽64605
₽62051
₽71002
₽68461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 588
social contributions
-
-
-
6 055
income
-
-
-
40 018
pensions
-
-
-
33 298
health
-
-
-
10 489
total
-
-
-
96 448
Employee
58 419
-
161 971
-
social contributions
1 664
-
4 616
-
pensions
6 608
-
12 296
-
surtax
-
-
-
-
income
5 097
-
35 403
-
total
13 369
-
52 315
-
Employer
58 419
-
161 971
-
unemployment
2 367
-
6 560
-
health
4 089
-
16 209
-
pensions
9 599
-
20 515
-
other
2 016
-
6 759
-
social contributions
175
-
487
-
total
18 246
-
50 530
-
Corporate
135 836
212 500
-
-
surtax
-
-
-
-
income
38 034
59 500
-
-
total
38 034
59 500
-
-
Dividends
97 801
153 000
-
-
withholding
12 519
19 584
-
-
surtax
-
-
-
-
social contributions
16 821
26 315
-
-
total
29 340
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
98 989
105 399
102 845
96 448
After tax
113 511
107 101
109 655
116 052
Living cost
45 050
45 050
45 050
45 050
Free-cash
68 461
62 051
64 605
71 002

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132448
₽163213
₽126802
₽160078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
10 910
social contributions
-
-
-
46 750
total
-
-
-
57 660
Employee
29 986
-
183 983
-
social contributions
1 949
-
11 958
-
income
-
-
11 539
-
total
1 949
-
23 497
-
Employer
29 986
-
183 983
-
social contributions
4 648
-
28 517
-
total
4 648
-
28 517
-
Corporate
177 866
212 500
-
-
income
17 787
21 249
-
-
total
17 787
21 249
-
-
Dividends
160 079
191 251
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
24 384
21 249
52 014
57 660
After tax
188 116
191 251
160 486
154 840
Living cost
28 038
28 038
28 038
28 038
Free-cash
160 078
163 213
132 448
126 802

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9274
₽9274
₽77622
₽5280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 696
labour market
-
-
-
16 935
national
-
-
-
26 517
pensions
-
-
-
809
total
-
-
-
89 957
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
9 275
-
-
-
income
2 041
-
-
-
total
2 041
-
-
-
Dividends
7 234
-
-
-
withholding
1 953
-
-
-
total
1 953
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
162 299
158 305
158 305
89 957
After tax
50 201
54 195
54 195
122 543
Living cost
44 921
44 921
44 921
44 921
Free-cash
5 280
9 274
9 274
77 622

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96511
-₽3309
₽124579
₽14064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
351
income
-
-
-
60 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
67 399
Employee
32 282
-
194 074
-
health
3 697
-
22 221
-
pensions
3 635
-
7 223
-
income
4 429
-
47 596
-
total
11 761
-
77 040
-
Employer
32 282
-
194 074
-
unemployment
791
-
4 755
-
accident
539
-
3 241
-
pensions
5 249
-
10 431
-
total
6 579
-
18 427
-
Corporate
173 638
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.

156 275
191 250
-
-
total
156 275
191 250
-
-
Dividends
17 364
21 250
-
-
withholding
3 299
4 037
-
-
total
3 299
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
177 914
195 287
95 467
67 399
After tax
34 586
17 213
117 033
145 101
Living cost
20 522
20 522
20 522
20 522
Free-cash
14 064
-3 309
96 511
124 579

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69907
₽94353
₽94245
₽97232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 732
national
-
-
-
41 830
health
-
-
-
2 883
total
-
-
-
82 445
Employee
49 073
-
178 767
-
health
366
-
2 363
-
pensions
3 312
-
12 066
-
unemployment
736
-
2 682
-
national
811
-
26 841
-
municipal
8 038
-
29 098
-
total
13 263
-
73 050
-
Employer
49 073
-
178 767
-
unemployment
319
-
1 161
-
accident
50
-
179
-
health
377
-
1 377
-
pensions
8 514
-
31 016
-
total
9 260
-
33 733
-
Corporate
154 168
212 500
-
-
income
30 834
42 500
-
-
total
30 834
42 500
-
-
Dividends

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

92 501
127 500
-
-
national
9 450
16 887
-
-
municipal
16 651
22 950
-
-
total
26 101
39 837
-
-
Income
212 500
212 500
212 500
212 500
Total tax
79 458
82 337
106 783
82 445
After tax
133 042
130 163
105 717
130 055
Living cost
35 810
35 810
35 810
35 810
Free-cash
97 232
94 353
69 907
94 245

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119495
₽133266
₽121235
₽128192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
49 161
health
-
-
-
5 418
total
-
-
-
69 670
Employee
71 723
71 723
200 758
-
health
556
1 220
3 413
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
48 225
-
total
11 077
13 812
59 667
-
Employer
71 723
71 723
200 758
-
health
604
1 328
3 714
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
11 743
-
Corporate
176 513
133 497
-
-
income
22 063
16 688
-
-
total
22 063
16 688
-
-
Dividends
154 449
116 809
-
-
withholding
26 257
19 858
-
-
total
26 257
19 858
-
-
Income
212 500
212 500
212 500
212 500
Total tax
62 713
57 639
71 410
69 670
After tax
149 787
154 861
141 090
142 830
Living cost
21 595
21 595
21 595
21 595
Free-cash
128 192
133 266
119 495
121 235

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147627
₽161163
₽166337
₽156418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
22 019
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
31 354
Employee

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

21 409
-
203 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
19 706
-
total
6 601
-
40 947
-
Employer

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

21 409
-
203 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
188 887
212 500
-
-
income
16 999
19 125
-
-
total
16 999
19 125
-
-
Dividends
171 888
193 375
-
-
withholding
15 470
17 403
-
-
total
15 470
17 403
-
-
Income
212 500
212 500
212 500
212 500
Total tax
41 273
36 528
50 064
31 354
After tax
171 227
175 972
162 436
181 146
Living cost
14 809
14 809
14 809
14 809
Free-cash
156 418
161 163
147 627
166 337

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89151
₽115414
₽93065
₽111295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
67 850
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
93 786
Employee
34 489
-
184 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
64 648
-
total
8 839
-
70 139
-
Employer
34 489
-
184 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
167 016
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.

25 053
31 875
-
-
total
25 053
31 875
-
-
Dividends
141 963
180 625
-
-
withholding
30 669
39 562
-
-
total
30 669
39 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 556
71 437
97 700
93 786
After tax
136 944
141 063
114 800
118 714
Living cost
25 649
25 649
25 649
25 649
Free-cash
111 295
115 414
89 151
93 065

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134976
₽130701
₽135111
₽130389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
73 101
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
75 490
Employee
2 893
-
210 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
73 028
-
total
994
-
74 066
-
Employer
2 893
-
210 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
208 956
212 500
-
-
income
45 970
46 750
-
-
total
45 970
46 750
-
-
Dividends
162 986
165 750
-
-
withholding
32 597
33 150
-
-
total
32 597
33 150
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 212
79 900
75 625
75 490
After tax
132 288
132 600
136 875
137 010
Living cost
1 899
1 899
1 899
1 899
Free-cash
130 389
130 701
134 976
135 111

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121078
₽137398
₽121079
₽132809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
49 228
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
75 288
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.

24 328
-
200 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
49 228
-
total
8 194
-
62 948
-
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.

24 328
-
200 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
183 817
212 500
-
-
income
27 573
31 875
-
-
total
27 573
31 875
-
-
Dividends
156 245
180 625
-
-
withholding
23 437
27 094
-
-
total
23 437
27 094
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 558
58 969
75 289
75 288
After tax
148 942
153 531
137 211
137 212
Living cost
16 133
16 133
16 133
16 133
Free-cash
132 809
137 398
121 078
121 079

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68870
₽95725
₽85564
₽95387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 946
total
-
-
-
101 790
Employee
36 201
-
171 717
-
social contributions
3 983
-
18 888
-
surtax
-
-
281
-
income
7 074
-
58 532
-
total
11 057
-
77 701
-
Employer
36 201
-
171 717
-
social contributions
8 597
-
40 783
-
total
8 597
-
40 783
-
Corporate
167 702
212 500
-
-
surtax
-
-
-
-
income
35 217
44 624
-
-
total
35 217
44 624
-
-
Dividends
132 485
167 876
-
-
withholding
37 096
47 005
-
-
total
37 096
47 005
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 967
91 629
118 484
101 790
After tax
120 533
120 871
94 016
110 710
Living cost
25 146
25 146
25 146
25 146
Free-cash
95 387
95 725
68 870
85 564

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82020
₽108283
₽85934
₽102180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
67 850
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
93 786
Employee
45 047
-
184 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
64 648
-
total
12 267
-
70 139
-
Employer
45 047
-
184 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
153 091
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.

22 964
31 875
-
-
total
22 964
31 875
-
-
Dividends
130 127
180 625
-
-
withholding
27 947
39 562
-
-
total
27 947
39 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 540
71 437
97 700
93 786
After tax
134 960
141 063
114 800
118 714
Living cost
32 780
32 780
32 780
32 780
Free-cash
102 180
108 283
82 020
85 934

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164722
₽165635
₽155871
₽159948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
31 875
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
40 577
Employee
21 255
-
206 105
-
health
978
-
1 499
-
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.

1 866
-
2 862
-
income
2 126
-
20 610
-
total
5 204
-
25 330
-
Employer
21 255
-
206 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
187 075
212 500
-
-
income
18 707
21 250
-
-
total
18 707
21 250
-
-
Dividends
168 367
191 250
-
-
withholding
8 418
9 563
-
-
total
8 418
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
36 500
30 813
31 726
40 577
After tax
176 000
181 687
180 774
171 923
Living cost
16 052
16 052
16 052
16 052
Free-cash
159 948
165 635
164 722
155 871

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95181
₽73275
₽70910
₽85477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 906
trade
-
-
-
24 271
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.

-
-
-
71 031
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.

-
-
-
6 372
total
-
-
-
105 580
Employee

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

46 409
-
212 500
-
health

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

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

6 372
-
6 372
-
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
-
3 906
-
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.

3 816
-
71 031
-
total
10 399
-
81 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 091
212 500
-
-
chamber of commerce
386
453
-
-
trade
23 833
30 494
-
-
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.

1 370
1 752
-
-
income
24 913
31 875
-
-
total
50 502
64 574
-
-
Dividends
115 588
147 926
-
-
withholding
28 542
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.

1 570
2 014
-
-
total
30 112
38 641
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 013
103 215
81 309
105 580
After tax
121 487
109 285
131 191
106 920
Living cost
36 010
36 010
36 010
36 010
Free-cash
85 477
73 275
95 181
70 910

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53215
₽95618
₽53215
₽97679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
69 584
social contributions
-
-
-
36 569
total
-
-
-
106 153
Employee
72 960
-
212 500
-
social contributions
6 061
-
36 569
-
income
13 767
-
69 584
-
total
19 828
-
106 153
-
Employer
72 960
-
212 500
-
total
-
-
-
-
Corporate
139 540
212 500
-
-
income
17 442
26 563
-
-
total
17 442
26 563
-
-
Dividends
122 098
185 937
-
-
withholding
24 419
37 187
-
-
total
24 419
37 187
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 689
63 750
106 153
106 153
After tax
150 811
148 750
106 347
106 347
Living cost
53 132
53 132
53 132
53 132
Free-cash
97 679
95 618
53 215
53 215

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114292
₽99339
₽141085
₽102597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 682
total
-
-
-
37 557
Employee
42 788
-
208 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
55 768
-
total
8 930
-
60 059
-
Employer
42 788
-
208 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
165 425
212 500
-
-
income
57 900
74 375
-
-
total
57 900
74 375
-
-
Dividends
107 525
138 125
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 045
79 303
64 350
37 557
After tax
136 455
133 197
148 150
174 943
Living cost
33 858
33 858
33 858
33 858
Free-cash
102 597
99 339
114 292
141 085

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83521
₽99140
₽102495
₽104702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
65 733
pensions
-
-
-
9 390
total
-
-
-
75 123
Employee
47 881
-
185 196
-
health
625
-
2 503
-
pensions
3 654
-
11 206
-
income
8 719
-
53 084
-
total
12 998
-
66 793
-
Employer
47 881
-
185 196
-
health
910
-
3 518
-
pensions
4 837
-
23 786
-
total
5 747
-
27 304
-
Corporate
158 872
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.

30 185
40 375
-
-
total
30 185
40 375
-
-
Dividends
128 687
172 125
-
-
withholding
23 986
38 103
-
-
total
23 986
38 103
-
-
Income
212 500
212 500
212 500
212 500
Total tax
72 916
78 478
94 097
75 123
After tax
139 584
134 022
118 403
137 377
Living cost
34 882
34 882
34 882
34 882
Free-cash
104 702
99 140
83 521
102 495

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽94479
-₽5341
₽122547
₽13754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
other
-
-
-
351
income
-
-
-
60 805
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
67 399
Employee
35 478
-
194 074
-
health
4 062
-
22 221
-
pensions
3 995
-
7 223
-
income
4 867
-
47 596
-
total
12 924
-
77 040
-
Employer
35 478
-
194 074
-
unemployment
869
-
4 755
-
accident
592
-
3 241
-
pensions
5 768
-
10 431
-
total
7 229
-
18 427
-
Corporate
169 792
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.

152 813
191 250
-
-
total
152 813
191 250
-
-
Dividends
16 979
21 250
-
-
withholding
3 226
4 037
-
-
total
3 226
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 192
195 287
95 467
67 399
After tax
36 308
17 213
117 033
145 101
Living cost
22 554
22 554
22 554
22 554
Free-cash
13 754
-5 341
94 479
122 547

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143606
₽149956
₽123082
₽147131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
35 763
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
76 811
Employee

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

20 172
-
212 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
35 763
-
total
7 565
-
56 287
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 328
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%.

19 233
21 250
-
-
total
19 233
21 250
-
-
Dividends
173 096
191 250
-
-
withholding
25 964
28 687
-
-
total
25 964
28 687
-
-
Income
212 500
212 500
212 500
212 500
Total tax
52 762
49 937
56 287
76 811
After tax
159 738
162 563
156 213
135 689
Living cost
12 607
12 607
12 607
12 607
Free-cash
147 131
149 956
143 606
123 082

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55084
₽74772
₽62744
₽70530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 492
social contributions
-
-
-
46 683
national
-
-
-
59 213
regional
-
-
-
5 210
total
-
-
-
112 598
Employee
78 598
-
212 500
-
social contributions
26 503
-
61 202
-
national
13 282
-
52 968
-
regional
1 187
-
4 727
-
municipal
469
-
1 361
-
total
41 441
-
120 258
-
Employer
78 598
-
212 500
-
total
-
-
-
-
Corporate
133 902
212 500
-
-
municipal
6 454
10 243
-
-
nationa
32 137
51 000
-
-
total
38 591
61 243
-
-
Dividends
95 312
151 257
-
-
withholding
24 780
39 327
-
-
total
24 780
39 327
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 812
100 570
120 258
112 598
After tax
107 688
111 930
92 242
99 902
Living cost
37 158
37 158
37 158
37 158
Free-cash
70 530
74 772
55 084
62 744

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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