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
₽76553
₽87718
₽75596
₽101676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
212 500
trade
-
-
-
26 080
income

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

-
-
-
69 539
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 824
total
-
-
-
106 337
Employee

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

38 599
-
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.

6 894
-
6 894
-
surtax

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

59
-
3 824
-
income

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

1 078
-
69 539
-
total
8 031
-
80 257
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 901
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.

1 434
1 752
-
-
income
26 085
31 875
-
-
trade
27 390
33 468
-
-
chamber of commerce
402
458
-
-
total
55 311
67 553
-
-
Dividends
118 590
144 947
-
-
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.

1 609
1 973
-
-
withholding
29 264
35 854
-
-
total
30 873
37 827
-
-
Income
212 500
212 500
212 500
212 500
Total tax
94 215
105 380
80 257
106 337
After tax
118 285
107 120
132 243
106 163
Living cost
30 567
30 567
30 567
30 567
Free-cash
87 718
76 553
101 676
75 596

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽81606
₽80758
₽71060
₽72200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 529
pensions
-
-
-
25 500
national
-
-
-
39 133
social contributions
-
-
-
2 284
total
-
-
-
90 446
Employee
79 050
-
183 704
-
municipal
9 764
-
24 352
-
pensions
3 162
-
7 348
-
national
15 130
-
40 935
-
total
28 056
-
72 635
-
Employer
79 050
-
183 704
-
social contributions
850
-
1 975
-
pensions
6 324
-
14 696
-
total
7 174
-
16 671
-
Corporate
121 059
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%.

24 212
42 500
-
-
total
24 212
42 500
-
-
Dividends
96 847
170 000
-
-
withholding
21 306
37 400
-
-
total
21 306
37 400
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 748
79 900
89 306
90 446
After tax
131 752
132 600
123 194
122 054
Living cost
50 994
50 994
50 994
50 994
Free-cash
80 758
81 606
72 200
71 060

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽149005
₽140727
₽55320
₽70629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
43 332
surtax
-
-
-
54 187
social contributions

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

-
-
-
38 666
total
-
-
-
136 185
Employee
29 488
-
165 339
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
23 975
-
income
5 249
-
36 511
-
total
8 493
-
73 715
-
Employer
29 488
-
165 339
-
social contributions

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

7 103
-
28 973
-
surtax
-
-
18 188
-
total
7 103
-
47 161
-
Corporate
175 909
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%.

35 182
42 500
-
-
total
35 182
42 500
-
-
Dividends

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

140 726
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
50 778
42 500
120 876
136 185
After tax
161 722
170 000
91 624
76 315
Living cost
20 995
20 995
20 995
20 995
Free-cash
140 727
149 005
70 629
55 320

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽63449
₽57266
₽72624
₽93654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 332
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
97 600
Employee
86 179
86 179
193 746
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
33 548
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
57 816
-
Employer
86 179
86 179
193 746
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
112 287
111 230
-
-
income
22 458
22 246
-
-
total
22 458
22 246
-
-
Dividends
89 829
88 985
-
-
income
19 090
18 910
-
-
withholding
13 475
13 348
-
-
total
32 565
32 258
-
-
Income
212 500
212 500
212 500
212 500
Total tax
112 959
106 775
76 570
97 600
After tax
99 541
105 725
135 930
114 900
Living cost
42 276
42 276
42 276
42 276
Free-cash
57 266
63 449
93 654
72 624

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽77035
₽76159
₽67637
₽66691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 985
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
25 132
total
-
-
-
105 873
Employee
55 558
-
185 651
-
municipal
16 567
-
55 361
-
national
-
-
24 609
-
total
16 567
-
79 970
-
Employer
55 558
-
185 651
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
139 486
212 500
-
-
income
30 687
46 750
-
-
total
30 687
46 750
-
-
Dividends
108 799
165 750
-
-
withholding
32 640
49 725
-
-
total
32 640
49 725
-
-
Income
212 500
212 500
212 500
212 500
Total tax
97 351
96 475
106 819
105 873
After tax
115 149
116 025
105 681
106 627
Living cost
38 990
38 990
38 990
38 990
Free-cash
76 159
77 035
66 691
67 637

Estimated living cost  is ₽38990 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽66383
₽80563
₽65361
₽92599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
212 500
trade
-
-
-
27 238
income

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

-
-
-
69 539
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 824
total
-
-
-
107 495
Employee

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

51 177
-
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.

6 894
-
6 894
-
surtax

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

241
-
3 824
-
income

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

4 397
-
69 539
-
total
11 532
-
80 257
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 323
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.

1 331
1 752
-
-
income
24 199
31 875
-
-
trade
26 537
34 956
-
-
chamber of commerce
383
456
-
-
total
52 450
69 039
-
-
Dividends
108 873
143 461
-
-
surtax

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

1 477
1 951
-
-
withholding
26 834
35 483
-
-
total
28 311
37 434
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 293
106 473
80 257
107 495
After tax
120 207
106 027
132 243
105 005
Living cost
39 644
39 644
39 644
39 644
Free-cash
80 563
66 383
92 599
65 361

Estimated living cost  is ₽39644 per week

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

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽122178
₽117990
₽110771
₽108998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
47 249
health
-
-
-
5 420
social contributions
-
-
-
16 328
total
-
-
-
68 997
Employee
77 600
77 600
200 111
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 401
-
income
8 149
7 183
46 293
-
total
12 692
14 942
58 381
-
Employer
77 600
77 600
200 111
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
3 702
-
total
4 612
7 876
12 389
-
Corporate
162 465
127 023
-
-
income
20 308
15 878
-
-
total
20 308
15 878
-
-
Dividends
142 157
111 145
-
-
withholding
24 166
18 894
-
-
total
24 166
18 894
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 778
57 590
70 770
68 997
After tax
150 722
154 910
141 730
143 503
Living cost
32 732
32 732
32 732
32 732
Free-cash
117 990
122 178
108 998
110 771

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽100962
₽101343
₽128873
₽104851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
177 824
-
health
1 853
737
12 448
-
income
3 236
1 288
21 739
-
pensions
2 647
1 053
17 782
-
unemployment
397
158
2 667
-
total
8 133
3 236
54 636
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
177 824
-
pensions
5 162
2 054
34 676
-
total
5 162
2 054
34 676
-
Corporate
180 869
199 911
-
-
income
16 278
17 992
-
-
total
16 278
17 992
-
-
Dividends
164 591
181 919
-
-
social contributions
31 975
35 354
-
-
withholding
31 272
34 565
-
-
total
63 247
69 919
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 820
93 201
89 312
65 290
After tax
119 680
119 299
123 188
147 210
Living cost
18 337
18 337
18 337
18 337
Free-cash
101 343
100 962
104 851
128 873

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽145625
₽139355
₽89525
₽98106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
28 629
-
158 820
-
income
3 223
-
30 620
-
pensions
573
-
3 177
-
unemployment
458
-
2 541
-
total
4 254
-
36 338
-
Employer
28 629
-
158 820
-
unemployment
230
-
1 270
-
pensions
5 726
-
31 764
-
health
3 721
-
20 647
-
total
9 677
-
53 681
-
Corporate
174 195
212 500
-
-
income
34 839
42 500
-
-
total
34 839
42 500
-
-
Dividends
139 355
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
48 770
42 500
90 019
98 600
After tax
163 730
170 000
122 481
113 900
Living cost
24 375
24 375
24 375
24 375
Free-cash
139 355
145 625
98 106
89 525

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽4857
₽13827
₽123067
₽94615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
253
income
-
-
-
60 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 364
Employee
34 715
-
193 477
-
health
3 975
-
22 153
-
income
4 763
-
46 987
-
pensions
3 909
-
7 653
-
total
12 647
-
76 793
-
Employer
34 715
-
193 477
-
accident
580
-
3 231
-
unemployment
850
-
4 740
-
pensions
5 645
-
11 052
-
total
7 075
-
19 023
-
Corporate
170 710
212 500
-
-
income

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

153 639
191 250
-
-
total
153 639
191 250
-
-
Dividends
17 071
21 250
-
-
withholding
3 243
4 038
-
-
total
3 243
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 604
195 288
95 816
67 364
After tax
35 896
17 212
116 684
145 136
Living cost
22 069
22 069
22 069
22 069
Free-cash
13 827
-4 857
94 615
123 067

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽192796
₽191094
₽201296
₽160921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
212 500
-
income
2 269
-
42 500
-
total
2 269
-
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%.

201 151
212 500
-
-
total
-
-
-
-
Dividends
201 151
212 500
-
-
withholding
10 058
10 625
-
-
total
10 058
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 327
10 625
42 500
2 125
After tax
200 173
201 875
170 000
210 375
Living cost
9 079
9 079
9 079
9 079
Free-cash
191 094
192 796
160 921
201 296

Estimated living cost  is ₽9079 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽129234
₽122420
₽98601
₽96813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
36 136
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
87 009
Employee
36 642
-
173 668
-
health
513
-
2 149
-
income
6 308
-
35 540
-
pensions

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

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
49 965
-
Employer
36 642
-
173 668
-
accident
293
-
1 388
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 832
-
Corporate
166 624
212 500
-
-
income
34 991
44 625
-
-
total
34 991
44 625
-
-
Dividends
131 633
167 875
-
-
withholding
9 213
11 751
-
-
total
9 213
11 751
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 190
56 376
88 797
87 009
After tax
149 310
156 124
123 703
125 491
Living cost
26 890
26 890
26 890
26 890
Free-cash
122 420
129 234
96 813
98 601

Estimated living cost  is ₽26890 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽67695
₽75849
₽70623
₽51579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 356
pensions
-
-
-
9 794
total
-
-
-
74 150
Employee
95 823
-
185 316
-
health
1 579
-
2 554
-
income
17 273
-
51 659
-
pensions
9 244
-
11 796
-
total
28 096
-
66 009
-
Employer
95 823
-
185 316
-
pensions
11 314
-
23 663
-
health
1 820
-
3 522
-
total
13 134
-
27 185
-
Corporate
103 543
212 500
-
-
income

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

19 673
40 374
-
-
total
19 673
40 374
-
-
Dividends
83 870
172 126
-
-
withholding
8 021
36 704
-
-
total
8 021
36 704
-
-
Income
212 500
212 500
212 500
212 500
Total tax
68 924
77 078
93 194
74 150
After tax
143 576
135 422
119 306
138 350
Living cost
67 727
67 727
67 727
67 727
Free-cash
75 849
67 695
51 579
70 623

Estimated living cost  is ₽67727 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽168448
₽163759
₽157969
₽166675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 292
Employee
17 531
-
205 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
20 558
-
pensions

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

1 539
-
3 097
-
total
4 291
-
25 665
-
Employer
17 531
-
205 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
191 529
212 500
-
-
income
19 152
21 250
-
-
total
19 152
21 250
-
-
Dividends
172 377
191 250
-
-
withholding
8 619
9 563
-
-
total
8 619
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
35 502
30 813
32 586
41 292
After tax
176 998
181 687
179 914
171 208
Living cost
13 239
13 239
13 239
13 239
Free-cash
163 759
168 448
166 675
157 969

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽49765
₽52304
₽58940
₽79970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 332
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
97 600
Employee
93 563
86 179
193 746
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
33 548
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
57 816
-
Employer
93 563
86 179
193 746
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
102 556
111 230
-
-
income
20 511
22 246
-
-
total
20 511
22 246
-
-
Dividends
82 045
88 985
-
-
income
17 435
18 910
-
-
withholding
12 306
13 348
-
-
total
29 741
32 258
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 236
106 775
76 570
97 600
After tax
108 264
105 725
135 930
114 900
Living cost
55 960
55 960
55 960
55 960
Free-cash
52 304
49 765
79 970
58 940

Estimated living cost  is ₽55960 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽122136
₽113514
₽100413
₽91232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
22 355
health
-
-
-
28 688
solidarity contribution
-
-
-
2 095
social contributions
-
-
-
34 779
total
-
-
-
87 917
Employee
35 544
-
167 636
-
social contributions
2 310
-
7 742
-
health
4 798
-
22 631
-
solidarity contribution
-
-
1 271
-
income
4 265
-
20 590
-
total
11 373
-
52 234
-
Employer
35 544
-
167 636
-
social contributions
8 886
-
29 777
-
health
3 199
-
15 087
-
total
12 085
-
44 864
-
Corporate
164 871
212 500
-
-
income
31 326
40 375
-
-
total
31 326
40 375
-
-
Dividends
133 546
172 125
-
-
withholding
20 032
25 819
-
-
total
20 032
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 816
66 194
97 098
87 917
After tax
137 684
146 306
115 402
124 583
Living cost
24 170
24 170
24 170
24 170
Free-cash
113 514
122 136
91 232
100 413

Estimated living cost  is ₽24170 per week

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

Source of data for Brno model

Close
Milan , Italy
₽70793
₽65526
₽58917
₽50363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 297
regional
-
-
-
2 618
national
-
-
-
56 576
social contributions
-
-
-
50 509
total
-
-
-
111 000
Employee
89 689
-
212 500
-
social contributions
30 243
-
66 218
-
regional
846
-
2 345
-
municipal
475
-
1 170
-
national
15 541
-
49 821
-
total
47 105
-
119 554
-
Employer
89 689
-
212 500
-
total
-
-
-
-
Corporate
122 811
212 500
-
-
nationa
29 475
51 001
-
-
municipal
4 790
8 287
-
-
total
34 265
59 288
-
-
Dividends
88 547
153 213
-
-
withholding
23 021
39 836
-
-
total
23 021
39 836
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 391
99 124
119 554
111 000
After tax
108 109
113 376
92 946
101 500
Living cost
42 583
42 583
42 583
42 583
Free-cash
65 526
70 793
50 363
58 917

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽111393
₽108254
₽77830
₽71660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 925
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 746
total
-
-
-
112 401
Employee
33 373
-
184 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
9 539
-
income
5 594
-
58 889
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
90 220
-
Employer
33 373
-
184 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
172 103
212 500
-
-
income
44 746
55 250
-
-
total
44 746
55 250
-
-
Dividends
127 357
157 250
-
-
withholding
19 103
23 588
-
-
total
19 103
23 588
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 977
78 838
118 571
112 401
After tax
130 523
133 662
93 929
100 099
Living cost
22 269
22 269
22 269
22 269
Free-cash
108 254
111 393
71 660
77 830

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽89153
₽95841
₽92081
₽73037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 356
pensions
-
-
-
9 794
total
-
-
-
74 150
Employee
64 218
-
185 316
-
health
932
-
2 554
-
income
11 566
-
51 659
-
pensions
5 451
-
11 796
-
total
17 949
-
66 009
-
Employer
64 218
-
185 316
-
pensions
6 952
-
23 663
-
health
1 220
-
3 522
-
total
8 172
-
27 185
-
Corporate
140 110
212 500
-
-
income

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

26 620
40 374
-
-
total
26 620
40 374
-
-
Dividends
113 490
172 126
-
-
withholding
17 649
36 704
-
-
total
17 649
36 704
-
-
Income
212 500
212 500
212 500
212 500
Total tax
70 390
77 078
93 194
74 150
After tax
142 110
135 422
119 306
138 350
Living cost
46 269
46 269
46 269
46 269
Free-cash
95 841
89 153
73 037
92 081

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽20898
₽53532
₽92943
₽84731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 239
pensions
-
-
-
19 550
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.

-
-
-
4 251
regional
-
-
-
11 642
health
-
-
-
478
national
-
-
-
5 124
total
-
-
-
43 284
Employee
89 259
-
190 993
-
city
958
-
2 063
-
regional
2 923
-
10 300
-
health
202
-
429
-
pensions
7 499
-
15 158
-
unemployment
-
-
-
-
national
422
-
4 139
-
total
12 004
-
32 089
-
Employer
89 259
-
190 993
-
other

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

1 785
-
3 820
-
unemployment
-
-
-
-
pensions
7 499
-
15 158
-
health
202
-
429
-
total
9 486
-
19 407
-
Corporate
112 775
212 500
-
-
regional
23 852
44 945
-
-
national
9 585
18 062
-
-
total
33 437
63 007
-
-
Dividends
79 337
149 494
-
-
withholding
27 768
52 322
-
-
total
27 768
52 322
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 695
115 329
51 496
43 284
After tax
129 805
97 171
161 004
169 216
Living cost
76 273
76 273
76 273
76 273
Free-cash
53 532
20 898
84 731
92 943

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽58705
₽75067
₽57616
₽86012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
212 500
trade
-
-
-
28 397
income

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

-
-
-
69 539
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 824
total
-
-
-
108 654
Employee

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

60 649
-
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.

6 894
-
6 894
-
surtax

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

393
-
3 824
-
income

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

7 132
-
69 539
-
total
14 419
-
80 257
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
151 851
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.

1 252
1 752
-
-
income
22 778
31 875
-
-
trade
26 043
36 444
-
-
chamber of commerce
368
452
-
-
total
50 441
70 523
-
-
Dividends
101 409
141 977
-
-
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.

1 373
1 930
-
-
withholding
24 969
35 111
-
-
total
26 342
37 041
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 202
107 564
80 257
108 654
After tax
121 298
104 936
132 243
103 846
Living cost
46 230
46 230
46 230
46 230
Free-cash
75 067
58 705
86 012
57 616

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽72574
₽78534
₽83015
₽77713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 667
pensions
-
-
-
34 579
other
-
-
-
6 588
health
-
-
-
10 070
surtax
-
-
-
-
social contributions
-
-
-
6 054
total
-
-
-
94 958
Employee
43 191
-
162 723
-
social contributions
1 231
-
4 636
-
surtax
-
-
-
-
income
2 549
-
33 810
-
pensions
4 883
-
12 036
-
total
8 663
-
50 482
-
Employer
43 191
-
162 723
-
other
1 490
-
6 656
-
social contributions
130
-
488
-
unemployment
1 748
-
6 590
-
pensions
7 095
-
20 134
-
health
3 024
-
15 910
-
total
13 487
-
49 778
-
Corporate
155 821
212 500
-
-
surtax
-
-
-
-
income
43 630
59 500
-
-
total
43 630
59 500
-
-
Dividends
112 192
153 000
-
-
surtax
-
-
-
-
social contributions
19 298
26 315
-
-
withholding
14 361
19 584
-
-
total
33 659
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 439
105 399
100 260
94 958
After tax
113 061
107 101
112 240
117 542
Living cost
34 527
34 527
34 527
34 527
Free-cash
78 534
72 574
77 713
83 015

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽75995
₽81603
₽86436
₽81134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 667
pensions
-
-
-
34 579
other
-
-
-
6 588
health
-
-
-
10 070
surtax
-
-
-
-
social contributions
-
-
-
6 054
total
-
-
-
94 958
Employee
38 554
-
162 723
-
social contributions
1 099
-
4 636
-
surtax
-
-
-
-
income
1 988
-
33 810
-
pensions
4 361
-
12 036
-
total
7 448
-
50 482
-
Employer
38 554
-
162 723
-
other
1 331
-
6 656
-
social contributions
115
-
488
-
unemployment
1 561
-
6 590
-
pensions
6 335
-
20 134
-
health
2 698
-
15 910
-
total
12 040
-
49 778
-
Corporate
161 906
212 500
-
-
surtax
-
-
-
-
income
45 334
59 500
-
-
total
45 334
59 500
-
-
Dividends
116 572
153 000
-
-
surtax
-
-
-
-
social contributions
20 049
26 315
-
-
withholding
14 920
19 584
-
-
total
34 969
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 791
105 399
100 260
94 958
After tax
112 709
107 101
112 240
117 542
Living cost
31 106
31 106
31 106
31 106
Free-cash
81 603
75 995
81 134
86 436

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽108245
₽108766
₽115068
₽109666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
health
-
-
-
14 832
social contributions
-
-
-
29 326
total
-
-
-
76 033
Employee
34 217
-
212 500
-
social contributions
4 723
-
29 326
-
health
2 388
-
14 832
-
income
5 707
-
37 277
-
total
12 818
-
81 435
-
Employer
34 217
-
212 500
-
total
-
-
-
-
Corporate
178 283
212 500
-
-
income

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

8 915
10 625
-
-
total
8 915
10 625
-
-
Dividends
169 368
201 875
-
-
health
11 822
14 091
-
-
social contributions
23 374
27 859
-
-
withholding
25 406
30 281
-
-
total
60 602
72 231
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 335
82 856
81 435
76 033
After tax
130 165
129 644
131 065
136 467
Living cost
21 399
21 399
21 399
21 399
Free-cash
108 766
108 245
109 666
115 068

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽81684
₽80124
₽73538
₽20305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
850
income
-
-
-
65 335
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
103 403
Employee
50 434
40 217
174 256
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
54 434
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
75 786
-
Employer
50 434
40 217
174 256
-
accident
655
523
1 532
-
other
2 396
1 909
7 798
-
chamber of commerce
201
161
697
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 228
-
health
1 906
1 521
4 456
-
total
14 712
11 775
38 243
-
Corporate
147 355
160 509
170 426
-
income

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

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

36 839
40 127
42 607
-
total
36 839
40 127
42 607
-
Dividends
110 516
120 382
-
-
withholding
30 392
33 106
-
-
total
30 392
33 106
-
-
Income
212 500
212 500
212 500
212 500
Total tax
96 817
95 257
156 636
103 403
After tax
115 683
117 243
55 864
109 097
Living cost
35 559
35 559
35 559
35 559
Free-cash
80 124
81 684
20 305
73 538

Estimated living cost  is ₽35559 per week

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

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽80627
₽66843
₽55555
₽36081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
83 749
communal

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

-
-
-
11 240
social contributions
-
-
-
25 160
total
-
-
-
120 149
Employee

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

72 186
-
164 586
-
communal

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

3 765
-
8 585
-
health

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

3 392
-
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.

5 414
-
12 345
-
unemployment

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

628
-
1 432
-
national
22 193
-
61 616
-
total
35 392
-
91 713
-
Employer

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

72 186
-
164 586
-
accident

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

938
-
2 139
-
unemployment

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

1 053
-
2 403
-
surtax
8 185
-
18 664
-
pensions

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

6 396
-
14 581
-
health

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

4 439
-
10 123
-
total
21 011
-
47 910
-
Corporate
119 301
212 500
-
-
surtax
477
889
-
-
income
23 860
44 390
-
-
total
24 337
45 279
-
-
Dividends
94 964
167 222
-
-
withholding

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

28 121
49 798
-
-
total
28 121
49 798
-
-
Income
212 500
212 500
212 500
212 500
Total tax
108 861
95 077
139 623
120 149
After tax
103 639
117 423
72 877
92 351
Living cost
36 796
36 796
36 796
36 796
Free-cash
66 843
80 627
36 081
55 555

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽104781
₽97871
₽82419
₽78185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
843
income
-
-
-
65 574
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
93 636
Employee
50 234
-
182 680
-
other
50
-
94
-
income
10 599
-
62 109
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
68 050
-
Employer
50 234
-
182 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
146 254
212 500
-
-
income

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

21 937
31 875
-
-
total
21 937
31 875
-
-
Dividends
124 317
180 625
-
-
withholding
26 447
39 399
-
-
total
26 447
39 399
-
-
Income
212 500
212 500
212 500
212 500
Total tax
78 184
71 274
97 870
93 636
After tax
134 316
141 226
114 630
118 864
Living cost
36 445
36 445
36 445
36 445
Free-cash
97 871
104 781
78 185
82 419

Estimated living cost  is ₽36445 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽66672
₽52893
₽46328
₽54804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
1 793
income
-
-
-
38 789
pensions
-
-
-
31 852
health
-
-
-
14 930
surtax
-
-
-
10 535
communal
-
-
-
13 431
total
-
-
-
111 330
Employee
76 423
-
189 818
-
health
3 401
-
8 447
-
surtax
4 684
-
11 632
-
income
7 382
-
44 908
-
pensions
6 113
-
15 185
-
total
21 580
-
80 172
-
Employer
76 423
-
189 818
-
accident
688
-
1 708
-
pensions
6 113
-
15 185
-
health
2 331
-
5 789
-
total
9 132
-
22 682
-
Corporate
126 945
212 500
-
-
surtax
1 333
2 231
-
-
communal
8 568
14 344
-
-
income
19 042
31 875
-
-
total
28 943
48 450
-
-
Dividends
98 003
164 050
-
-
income
30 410
17 929
-
-
withholding
14 700
24 607
-
-
total
45 110
42 536
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 765
90 986
102 854
111 330
After tax
107 735
121 514
109 646
101 170
Living cost
54 842
54 842
54 842
54 842
Free-cash
52 893
66 672
54 804
46 328

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽110995
₽107786
₽77432
₽71262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 925
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 746
total
-
-
-
112 401
Employee
33 985
-
184 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
9 539
-
income
5 697
-
58 889
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
90 220
-
Employer
33 985
-
184 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
171 360
212 500
-
-
income
44 554
55 250
-
-
total
44 554
55 250
-
-
Dividends
126 806
157 250
-
-
withholding
19 021
23 588
-
-
total
19 021
23 588
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 047
78 838
118 571
112 401
After tax
130 453
133 662
93 929
100 099
Living cost
22 667
22 667
22 667
22 667
Free-cash
107 786
110 995
71 262
77 432

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽84508
₽82269
₽73644
₽65137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 297
regional
-
-
-
3 289
national
-
-
-
56 576
social contributions
-
-
-
50 509
total
-
-
-
111 671
Employee
55 980
-
212 500
-
social contributions
18 877
-
66 218
-
regional
754
-
2 969
-
municipal
297
-
1 170
-
national
8 869
-
49 821
-
total
28 797
-
120 178
-
Employer
55 980
-
212 500
-
total
-
-
-
-
Corporate
156 520
212 500
-
-
nationa
37 564
51 001
-
-
municipal
7 779
10 562
-
-
total
45 343
61 563
-
-
Dividends
111 176
150 938
-
-
withholding
28 906
39 244
-
-
total
28 906
39 244
-
-
Income
212 500
212 500
212 500
212 500
Total tax
103 046
100 807
120 178
111 671
After tax
109 454
111 693
92 322
100 829
Living cost
27 185
27 185
27 185
27 185
Free-cash
82 269
84 508
65 137
73 644

Estimated living cost  is ₽27185 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽116523
₽105897
₽94800
₽85619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
22 355
health
-
-
-
28 688
solidarity contribution
-
-
-
2 095
social contributions
-
-
-
34 779
total
-
-
-
87 917
Employee
43 799
-
167 636
-
social contributions
2 847
-
7 742
-
health
5 913
-
22 631
-
solidarity contribution
-
-
1 271
-
income
5 256
-
20 590
-
total
14 016
-
52 234
-
Employer
43 799
-
167 636
-
social contributions
10 950
-
29 777
-
health
3 942
-
15 087
-
total
14 892
-
44 864
-
Corporate
153 809
212 500
-
-
income
29 224
40 375
-
-
total
29 224
40 375
-
-
Dividends
124 585
172 125
-
-
withholding
18 688
25 819
-
-
total
18 688
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 820
66 194
97 098
87 917
After tax
135 680
146 306
115 402
124 583
Living cost
29 783
29 783
29 783
29 783
Free-cash
105 897
116 523
85 619
94 800

Estimated living cost  is ₽29783 per week

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

Source of data for Prague model

Close
Graz , Austria
₽85156
₽84658
₽77100
₽23719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
850
income
-
-
-
65 335
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
103 204
Employee
44 114
40 217
174 443
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
54 524
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
75 876
-
Employer
44 114
40 217
174 443
-
accident
573
523
1 532
-
other
2 095
1 909
7 804
-
chamber of commerce
176
161
697
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 234
-
health
1 668
1 521
4 456
-
total
12 695
11 576
38 056
-
Corporate
155 691
160 708
170 613
-
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.

38 922
40 177
42 653
-
total
38 922
40 177
42 653
-
Dividends
116 769
120 532
-
-
withholding
32 112
33 146
-
-
total
32 112
33 146
-
-
Income
212 500
212 500
212 500
212 500
Total tax
95 646
95 148
156 585
103 204
After tax
116 854
117 352
55 915
109 296
Living cost
32 196
32 196
32 196
32 196
Free-cash
84 658
85 156
23 719
77 100

Estimated living cost  is ₽32196 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽187726
₽185073
₽196226
₽155851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
212 500
-
income
3 537
-
42 500
-
total
3 537
-
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%.

194 814
212 500
-
-
total
-
-
-
-
Dividends
194 814
212 500
-
-
withholding
9 741
10 625
-
-
total
9 741
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
13 278
10 625
42 500
2 125
After tax
199 222
201 875
170 000
210 375
Living cost
14 149
14 149
14 149
14 149
Free-cash
185 073
187 726
155 851
196 226

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽119237
₽110797
₽73123
₽68510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
212 500
income
-
-
-
52 275
pensions
-
-
-
38 807
unemployment
-
-
-
318
health
-
-
-
20 909
total
-
-
-
112 309
Employee

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

44 626
-
183 871
-
health
2 882
-
11 877
-
income
7 696
-
47 660
-
pensions
6 917
-
28 500
-
unemployment
63
-
257
-
total
17 558
-
88 294
-
Employer

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

44 626
-
183 871
-
unemployment
27
-
111
-
pensions
3 949
-
16 272
-
health
2 972
-
12 245
-
total
6 948
-
28 628
-
Corporate
160 926
212 500
-
-
income
30 576
40 376
-
-
total
30 576
40 376
-
-
Dividends
130 350
172 124
-
-
withholding
19 553
25 819
-
-
total
19 553
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 635
66 195
116 922
112 309
After tax
137 865
146 305
95 578
100 191
Living cost
27 068
27 068
27 068
27 068
Free-cash
110 797
119 237
68 510
73 123

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽85705
₽37664
₽103275
₽155633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
41 420
social contributions
-
-
-
24 225
total
-
-
-
65 645
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
61 906
212 500
-
-
income
13 619
46 750
-
-
total
13 619
46 750
-
-
Dividends
48 287
165 750
-
-
income
10 623
36 465
-
-
total
10 623
36 465
-
-
Income
212 500
212 500
212 500
212 500
Total tax
131 256
83 215
13 287
65 645
After tax
81 244
129 285
199 213
146 855
Living cost
43 580
43 580
43 580
43 580
Free-cash
37 664
85 705
155 633
103 275

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽89215
₽88200
₽79920
₽63809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
212 500
income
-
-
-
27 082
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
total
-
-
-
100 926
Employee
46 414
-
171 716
-
social contributions
5 106
-
18 889
-
surtax
-
-
-
-
income
9 654
-
57 366
-
total
14 760
-
76 255
-
Employer
46 414
-
171 716
-
social contributions
11 023
-
40 782
-
total
11 023
-
40 782
-
Corporate
155 063
212 500
-
-
surtax
-
-
-
-
income
32 564
44 625
-
-
total
32 564
44 625
-
-
Dividends
122 499
167 875
-
-
withholding
34 299
47 006
-
-
total
34 299
47 006
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 646
91 631
117 037
100 926
After tax
119 854
120 869
95 463
111 574
Living cost
31 654
31 654
31 654
31 654
Free-cash
88 200
89 215
63 809
79 920

Estimated living cost  is ₽31654 per week

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

Source of data for Lisbon model

Close
Paris , France
₽58360
₽65293
₽68800
₽63498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
37 667
pensions
-
-
-
34 579
other
-
-
-
6 588
health
-
-
-
10 070
surtax
-
-
-
-
social contributions
-
-
-
6 054
total
-
-
-
94 958
Employee
63 206
-
162 723
-
social contributions
1 800
-
4 636
-
surtax
-
-
-
-
income
5 515
-
33 810
-
pensions
7 149
-
12 036
-
total
14 464
-
50 482
-
Employer
63 206
-
162 723
-
other
2 181
-
6 656
-
social contributions
190
-
488
-
unemployment
2 560
-
6 590
-
pensions
10 386
-
20 134
-
health
4 424
-
15 910
-
total
19 741
-
49 778
-
Corporate
129 553
212 500
-
-
surtax
-
-
-
-
income
36 276
59 500
-
-
total
36 276
59 500
-
-
Dividends
93 278
153 000
-
-
surtax
-
-
-
-
social contributions
16 045
26 315
-
-
withholding
11 939
19 584
-
-
total
27 984
45 899
-
-
Income
212 500
212 500
212 500
212 500
Total tax
98 465
105 399
100 260
94 958
After tax
114 035
107 101
112 240
117 542
Living cost
48 742
48 742
48 742
48 742
Free-cash
65 293
58 360
63 498
68 800

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽160915
₽157525
₽124969
₽130614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 447
social contributions
-
-
-
46 749
total
-
-
-
57 196
Employee
32 444
-
183 982
-
income
-
-
11 075
-
social contributions
2 109
-
11 958
-
total
2 109
-
23 033
-
Employer
32 444
-
183 982
-
social contributions
5 029
-
28 518
-
total
5 029
-
28 518
-
Corporate
175 027
212 500
-
-
income
17 502
21 250
-
-
total
17 502
21 250
-
-
Dividends
157 525
191 250
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
24 640
21 250
51 551
57 196
After tax
187 860
191 250
160 949
155 304
Living cost
30 335
30 335
30 335
30 335
Free-cash
157 525
160 915
130 614
124 969

Estimated living cost  is ₽30335 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽7471
-₽7471
₽74703
-₽7471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 294
pensions
-
-
-
875
national
-
-
-
26 075
labour market
-
-
-
16 930
total
-
-
-
89 174
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
171 348
171 348
171 348
89 174
After tax
41 152
41 152
41 152
123 326
Living cost
48 623
48 623
48 623
48 623
Free-cash
-7 471
-7 471
-7 471
74 703

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽4531
₽13877
₽123393
₽94941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
253
income
-
-
-
60 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 364
Employee
34 203
-
193 477
-
health
3 917
-
22 153
-
income
4 692
-
46 987
-
pensions
3 852
-
7 653
-
total
12 461
-
76 793
-
Employer
34 203
-
193 477
-
accident
571
-
3 231
-
unemployment
838
-
4 740
-
pensions
5 561
-
11 052
-
total
6 970
-
19 023
-
Corporate
171 326
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.

154 194
191 250
-
-
total
154 194
191 250
-
-
Dividends
17 133
21 250
-
-
withholding
3 255
4 038
-
-
total
3 255
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
176 880
195 288
95 816
67 364
After tax
35 620
17 212
116 684
145 136
Living cost
21 743
21 743
21 743
21 743
Free-cash
13 877
-4 531
94 941
123 393

Estimated living cost  is ₽21743 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽92253
₽95370
₽93267
₽68926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 737
health
-
-
-
2 852
national
-
-
-
39 899
total
-
-
-
80 488
Employee
53 094
-
178 766
-
health
396
-
2 333
-
municipal
8 696
-
29 104
-
pensions
3 583
-
12 067
-
unemployment
797
-
2 681
-
national
877
-
24 910
-
total
14 349
-
71 095
-
Employer
53 094
-
178 766
-
accident
54
-
178
-
unemployment
345
-
1 162
-
pensions
9 212
-
31 017
-
health
408
-
1 377
-
total
10 019
-
33 734
-
Corporate
149 388
212 500
-
-
income
29 877
42 500
-
-
total
29 877
42 500
-
-
Dividends

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

89 633
127 500
-
-
national
8 005
16 052
-
-
municipal
16 135
22 950
-
-
total
24 140
39 002
-
-
Income
212 500
212 500
212 500
212 500
Total tax
78 385
81 502
104 829
80 488
After tax
134 115
130 998
107 671
132 012
Living cost
38 745
38 745
38 745
38 745
Free-cash
95 370
92 253
68 926
93 267

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽131545
₽126051
₽120138
₽118365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
47 249
health
-
-
-
5 420
social contributions
-
-
-
16 328
total
-
-
-
68 997
Employee
77 600
77 600
200 111
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 401
-
income
8 449
7 183
46 293
-
total
11 984
14 942
58 381
-
Employer
77 600
77 600
200 111
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
3 702
-
total
3 587
7 876
12 389
-
Corporate
173 563
127 023
-
-
income
21 696
15 878
-
-
total
21 696
15 878
-
-
Dividends
151 867
111 145
-
-
withholding
25 817
18 894
-
-
total
25 817
18 894
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 084
57 590
70 770
68 997
After tax
149 416
154 910
141 730
143 503
Living cost
23 365
23 365
23 365
23 365
Free-cash
126 051
131 545
118 365
120 138

Estimated living cost  is ₽23365 per week

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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽159949
₽154813
₽164470
₽144228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
212 500
income
-
-
-
21 907
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 007
Employee

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

23 164
-
202 637
-
health
1 969
-
8 139
-
income
1 584
-
19 406
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
42 387
-
Employer

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

23 164
-
202 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
186 952
212 500
-
-
income
16 826
19 124
-
-
total
16 826
19 124
-
-
Dividends
170 126
193 376
-
-
withholding
15 311
17 404
-
-
total
15 311
17 404
-
-
Income
212 500
212 500
212 500
212 500
Total tax
41 664
36 528
52 249
32 007
After tax
170 836
175 972
160 251
180 493
Living cost
16 023
16 023
16 023
16 023
Free-cash
154 813
159 949
144 228
164 470

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽113475
₽109018
₽91113
₽86879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
843
income
-
-
-
65 574
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
93 636
Employee
37 315
-
182 680
-
other
36
-
94
-
income
7 194
-
62 109
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
68 050
-
Employer
37 315
-
182 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
163 289
212 500
-
-
income

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

24 494
31 875
-
-
total
24 494
31 875
-
-
Dividends
138 795
180 625
-
-
withholding
29 778
39 399
-
-
total
29 778
39 399
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 731
71 274
97 870
93 636
After tax
136 769
141 226
114 630
118 864
Living cost
27 751
27 751
27 751
27 751
Free-cash
109 018
113 475
86 879
91 113

Estimated living cost  is ₽27751 per week

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

Source of data for Valencia model

Close
Istanbul , Turkey
₽129844
₽129390
₽133751
₽133553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 526
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
75 993
Employee
4 198
-
210 238
-
health
210
-
503
-
income
812
-
72 420
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
73 929
-
Employer
4 198
-
210 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
207 358
212 500
-
-
income
45 619
46 750
-
-
total
45 619
46 750
-
-
Dividends
161 739
165 750
-
-
withholding
32 348
33 150
-
-
total
32 348
33 150
-
-
Income
212 500
212 500
212 500
212 500
Total tax
80 354
79 900
76 191
75 993
After tax
132 146
132 600
136 309
136 507
Living cost
2 756
2 756
2 756
2 756
Free-cash
129 390
129 844
133 553
133 751

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽136078
₽131114
₽117945
₽117946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
212 500
income
-
-
-
48 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
77 102
Employee

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

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

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

26 319
-
199 149
-
health
1 355
-
3 841
-
income
3 628
-
48 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
63 751
-
Employer

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

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

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

26 319
-
199 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
181 470
212 500
-
-
income
27 221
31 875
-
-
total
27 221
31 875
-
-
Dividends
154 250
180 625
-
-
withholding
23 137
27 094
-
-
total
23 137
27 094
-
-
Income
212 500
212 500
212 500
212 500
Total tax
63 933
58 969
77 101
77 102
After tax
148 567
153 531
135 399
135 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
131 114
136 078
117 946
117 945

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽93663
₽93300
₽84368
₽68257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
212 500
income
-
-
-
27 082
surtax
-
-
-
-
social contributions

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

-
-
-
73 844
total
-
-
-
100 926
Employee
39 168
-
171 716
-
social contributions
4 309
-
18 889
-
surtax
-
-
-
-
income
7 653
-
57 366
-
total
11 962
-
76 255
-
Employer
39 168
-
171 716
-
social contributions
9 302
-
40 782
-
total
9 302
-
40 782
-
Corporate
164 030
212 500
-
-
surtax
-
-
-
-
income
34 447
44 625
-
-
total
34 447
44 625
-
-
Dividends
129 584
167 875
-
-
withholding
36 283
47 006
-
-
total
36 283
47 006
-
-
Income
212 500
212 500
212 500
212 500
Total tax
91 994
91 631
117 037
100 926
After tax
120 506
120 869
95 463
111 574
Living cost
27 206
27 206
27 206
27 206
Free-cash
93 300
93 663
68 257
84 368

Estimated living cost  is ₽27206 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽105759
₽99155
₽83397
₽79163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
843
income
-
-
-
65 574
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
93 636
Employee
48 738
-
182 680
-
other
48
-
94
-
income
10 180
-
62 109
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
68 050
-
Employer
48 738
-
182 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
148 223
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.

22 234
31 875
-
-
total
22 234
31 875
-
-
Dividends
125 989
180 625
-
-
withholding
26 832
39 399
-
-
total
26 832
39 399
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 878
71 274
97 870
93 636
After tax
134 622
141 226
114 630
118 864
Living cost
35 467
35 467
35 467
35 467
Free-cash
99 155
105 759
79 163
83 397

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽164317
₽158164
₽153838
₽162544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
31 875
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 292
Employee
23 001
-
205 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
20 558
-
pensions

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

2 019
-
3 097
-
total
5 630
-
25 665
-
Employer
23 001
-
205 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
184 986
212 500
-
-
income
18 499
21 250
-
-
total
18 499
21 250
-
-
Dividends
166 487
191 250
-
-
withholding
8 324
9 563
-
-
total
8 324
9 563
-
-
Income
212 500
212 500
212 500
212 500
Total tax
36 966
30 813
32 586
41 292
After tax
175 534
181 687
179 914
171 208
Living cost
17 370
17 370
17 370
17 370
Free-cash
158 164
164 317
162 544
153 838

Estimated living cost  is ₽17370 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽70345
₽83547
₽69522
₽93282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
212 500
trade
-
-
-
23 760
income

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

-
-
-
69 539
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 824
total
-
-
-
104 017
Employee

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

50 212
-
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.

6 894
-
6 894
-
surtax

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

228
-
3 824
-
income

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

4 129
-
69 539
-
total
11 251
-
80 257
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 288
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.

1 339
1 752
-
-
income
24 343
31 875
-
-
trade
23 287
30 494
-
-
chamber of commerce
391
465
-
-
total
49 360
64 586
-
-
Dividends
112 928
147 914
-
-
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.

1 532
2 013
-
-
withholding
27 849
36 595
-
-
total
29 381
38 608
-
-
Income
212 500
212 500
212 500
212 500
Total tax
89 992
103 194
80 257
104 017
After tax
122 508
109 306
132 243
108 483
Living cost
38 961
38 961
38 961
38 961
Free-cash
83 547
70 345
93 282
69 522

Estimated living cost  is ₽38961 per week

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

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽91264
₽93489
₽50437
₽50437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
68 319
social contributions
-
-
-
36 257
total
-
-
-
104 576
Employee
78 939
-
212 500
-
income
14 896
-
68 319
-
social contributions
6 558
-
36 257
-
total
21 454
-
104 576
-
Employer
78 939
-
212 500
-
total
-
-
-
-
Corporate
133 561
212 500
-
-
income
16 696
26 562
-
-
total
16 696
26 562
-
-
Dividends
116 865
185 938
-
-
withholding
23 374
37 187
-
-
total
23 374
37 187
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 524
63 749
104 576
104 576
After tax
150 976
148 751
107 924
107 924
Living cost
57 487
57 487
57 487
57 487
Free-cash
93 489
91 264
50 437
50 437

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽96161
₽99687
₽137251
₽112338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 741
total
-
-
-
38 616
Employee
46 295
-
207 858
-
income
5 023
-
54 245
-
social contributions
4 638
-
4 642
-
total
9 661
-
58 887
-
Employer
46 295
-
207 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
161 567
212 500
-
-
income
56 549
74 374
-
-
total
56 549
74 374
-
-
Dividends
105 018
138 126
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
212 500
212 500
212 500
212 500
Total tax
76 180
79 706
63 529
38 616
After tax
136 320
132 794
148 971
173 884
Living cost
36 633
36 633
36 633
36 633
Free-cash
99 687
96 161
112 338
137 251

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽97807
₽103800
₽100735
₽81691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
income
-
-
-
64 356
pensions
-
-
-
9 794
total
-
-
-
74 150
Employee
51 632
-
185 316
-
health
674
-
2 554
-
income
9 403
-
51 659
-
pensions
3 941
-
11 796
-
total
14 018
-
66 009
-
Employer
51 632
-
185 316
-
pensions
5 217
-
23 663
-
health
981
-
3 522
-
total
6 198
-
27 185
-
Corporate
154 670
212 500
-
-
income

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

29 388
40 374
-
-
total
29 388
40 374
-
-
Dividends
125 282
172 126
-
-
withholding
21 481
36 704
-
-
total
21 481
36 704
-
-
Income
212 500
212 500
212 500
212 500
Total tax
71 085
77 078
93 194
74 150
After tax
141 415
135 422
119 306
138 350
Living cost
37 615
37 615
37 615
37 615
Free-cash
103 800
97 807
81 691
100 735

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6684
₽13545
₽121240
₽92788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
212 500
accident
-
-
-
253
income
-
-
-
60 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
67 364
Employee
37 589
-
193 477
-
health
4 304
-
22 153
-
income
5 157
-
46 987
-
pensions
4 233
-
7 653
-
total
13 694
-
76 793
-
Employer
37 589
-
193 477
-
accident
628
-
3 231
-
unemployment
921
-
4 740
-
pensions
6 112
-
11 052
-
total
7 661
-
19 023
-
Corporate
167 251
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.

150 526
191 250
-
-
total
150 526
191 250
-
-
Dividends
16 725
21 250
-
-
withholding
3 178
4 038
-
-
total
3 178
4 038
-
-
Income
212 500
212 500
212 500
212 500
Total tax
175 059
195 288
95 816
67 364
After tax
37 441
17 212
116 684
145 136
Living cost
23 896
23 896
23 896
23 896
Free-cash
13 545
-6 684
92 788
121 240

Estimated living cost  is ₽23896 per week

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

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽148931
₽145878
₽118926
₽141118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
35 561
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
79 943
Employee

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

21 810
-
212 500
-
work injury
109
-
403
-
income
2 181
-
35 561
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
57 751
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 690
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%.

19 069
21 250
-
-
total
19 069
21 250
-
-
Dividends
171 621
191 250
-
-
withholding
25 743
28 688
-
-
total
25 743
28 688
-
-
Income
212 500
212 500
212 500
212 500
Total tax
52 991
49 938
57 751
79 943
After tax
159 509
162 562
154 749
132 557
Living cost
13 631
13 631
13 631
13 631
Free-cash
145 878
148 931
141 118
118 926

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽71728
₽67136
₽58698
₽50408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 457
regional
-
-
-
5 057
national
-
-
-
56 576
social contributions
-
-
-
50 509
total
-
-
-
113 599
Employee
85 039
-
212 500
-
social contributions
28 675
-
66 218
-
regional
1 284
-
4 534
-
municipal
507
-
1 316
-
national
14 371
-
49 821
-
total
44 837
-
121 889
-
Employer
85 039
-
212 500
-
total
-
-
-
-
Corporate
127 461
212 500
-
-
nationa
30 592
51 001
-
-
municipal
6 144
10 242
-
-
total
36 736
61 243
-
-
Dividends
90 726
151 257
-
-
withholding
23 588
39 326
-
-
total
23 588
39 326
-
-
Income
212 500
212 500
212 500
212 500
Total tax
105 161
100 569
121 889
113 599
After tax
107 339
111 931
90 611
98 901
Living cost
40 203
40 203
40 203
40 203
Free-cash
67 136
71 728
50 408
58 698

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close