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
₽ 213500
per

Your estimated
City
free-cash

Dresden , Germany
₽102975
₽78406
₽76409
₽89071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
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.

-
-
-
6 587
income

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

-
-
-
70 837
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.

-
-
-
3 896
trade
-
-
-
26 566
total
-
-
-
107 886
Employee

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

36 879
-
213 500
-
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.

57
-
3 896
-
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.

1 030
-
70 837
-
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.

6 587
-
6 587
-
total
7 674
-
81 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 621
213 500
-
-
chamber of commerce
401
454
-
-
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.

1 456
1 762
-
-
trade
27 818
33 625
-
-
income
26 493
32 024
-
-
total
56 168
67 865
-
-
Dividends
120 453
145 634
-
-
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.

1 636
1 982
-
-
withholding
29 746
36 042
-
-
total
31 382
38 024
-
-
Income
213 500
213 500
213 500
213 500
Total tax
95 224
105 889
81 320
107 886
After tax
118 276
107 611
132 180
105 614
Living cost
29 205
29 205
29 205
29 205
Free-cash
89 071
78 406
102 975
76 409

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72752
₽82304
₽71606
₽81457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
2 295
pensions
-
-
-
25 620
national
-
-
-
39 411
municipal
-
-
-
23 648
total
-
-
-
90 974
Employee
78 935
-
184 569
-
municipal
9 750
-
24 474
-
national
15 108
-
41 221
-
pensions
3 157
-
7 383
-
total
28 015
-
73 078
-
Employer
78 935
-
184 569
-
pensions
6 315
-
14 766
-
social contributions
849
-
1 984
-
total
7 164
-
16 750
-
Corporate
122 192
213 500
-
-
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%.

24 438
42 700
-
-
total
24 438
42 700
-
-
Dividends
97 754
170 800
-
-
withholding
21 506
37 576
-
-
total
21 506
37 576
-
-
Income
213 500
213 500
213 500
213 500
Total tax
81 123
80 276
89 828
90 974
After tax
132 377
133 224
123 672
122 526
Living cost
50 920
50 920
50 920
50 920
Free-cash
81 457
82 304
72 752
71 606

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72585
₽150742
₽57368
₽142831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
social contributions

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

-
-
-
36 943
income
-
-
-
44 688
surtax
-
-
-
54 442
microenterprise
-
-
-
-
total
-
-
-
136 073
Employee
28 174
-
167 403
-
surtax
-
-
24 274
-
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.

3 100
-
12 640
-
income
5 015
-
37 845
-
total
8 115
-
74 759
-
Employer
28 174
-
167 403
-
surtax
-
-
18 415
-
social contributions

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

6 787
-
27 682
-
total
6 787
-
46 097
-
Corporate
178 539
213 500
-
-
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%.

35 708
42 699
-
-
total
35 708
42 699
-
-
Dividends

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

142 831
170 801
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
50 610
42 699
120 856
136 073
After tax
162 890
170 801
92 644
77 427
Living cost
20 059
20 059
20 059
20 059
Free-cash
142 831
150 742
72 585
57 368

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96159
₽65961
₽74439
₽60053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
11 890
income
-
-
-
75 482
pensions
-
-
-
11 297
total
-
-
-
98 669
Employee
82 339
82 339
195 581
-
income

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

13 478
13 478
35 844
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 890
-
total
40 937
35 525
59 031
-
Employer
82 339
82 339
195 581
-
unemployment
2 964
2 964
3 683
-
health
5 723
5 723
7 112
-
pensions
5 731
5 731
7 123
-
total
14 418
14 418
17 918
-
Corporate
117 753
116 743
-
-
income
23 551
23 348
-
-
total
23 551
23 348
-
-
Dividends
94 202
93 395
-
-
income
20 018
19 847
-
-
withholding
14 131
14 009
-
-
total
34 149
33 856
-
-
Income
213 500
213 500
213 500
213 500
Total tax
113 055
107 147
76 949
98 669
After tax
100 445
106 353
136 551
114 831
Living cost
40 392
40 392
40 392
40 392
Free-cash
60 053
65 961
96 159
74 439

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
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.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66330
₽76500
₽67301
₽75600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
24 606
unemployment
-
-
-
88
municipal
-
-
-
56 079
total
-
-
-
106 128
Employee
57 098
-
185 906
-
municipal
17 027
-
55 437
-
national
-
-
24 068
-
total
17 027
-
79 505
-
Employer
57 098
-
185 906
-
other
6 635
-
10 205
-
unemployment
1 507
-
2 318
-
health
3 512
-
5 401
-
accident
114
-
176
-
pensions
6 172
-
9 494
-
total
17 940
-
27 594
-
Corporate
138 462
213 500
-
-
income
30 462
46 970
-
-
total
30 462
46 970
-
-
Dividends
108 000
166 530
-
-
withholding
32 400
49 959
-
-
total
32 400
49 959
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 829
96 929
107 099
106 128
After tax
115 671
116 571
106 401
107 372
Living cost
40 071
40 071
40 071
40 071
Free-cash
75 600
76 500
66 330
67 301

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94302
₽68636
₽66556
₽82180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
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.

-
-
-
6 587
income

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

-
-
-
70 837
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.

-
-
-
3 896
trade
-
-
-
27 746
total
-
-
-
109 066
Employee

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

48 897
-
213 500
-
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.

231
-
3 896
-
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.

4 201
-
70 837
-
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.

6 587
-
6 587
-
total
11 019
-
81 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 603
213 500
-
-
chamber of commerce
381
450
-
-
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.

1 358
1 762
-
-
trade
27 077
35 120
-
-
income
24 691
32 024
-
-
total
53 507
69 356
-
-
Dividends
111 098
144 143
-
-
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.

1 508
1 961
-
-
withholding
27 408
35 669
-
-
total
28 916
37 630
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 442
106 986
81 320
109 066
After tax
120 058
106 514
132 180
104 434
Living cost
37 878
37 878
37 878
37 878
Free-cash
82 180
68 636
94 302
66 556

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
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.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110708
₽124336
₽112468
₽120336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
15 600
health
-
-
-
5 444
income
-
-
-
48 714
total
-
-
-
69 758
Employee
74 142
74 142
201 473
-
social contributions
3 603
6 153
8 300
-
income
7 786
6 863
47 766
-
health
737
1 261
3 425
-
total
12 126
14 277
59 491
-
Employer
74 142
74 142
201 473
-
health
803
1 372
3 727
-
social contributions
3 603
6 153
8 300
-
total
4 406
7 525
12 027
-
Corporate
165 694
131 832
-
-
income
20 711
16 479
-
-
total
20 711
16 479
-
-
Dividends
144 983
115 353
-
-
withholding
24 647
19 609
-
-
total
24 647
19 609
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 890
57 890
71 518
69 758
After tax
151 610
155 610
141 982
143 742
Living cost
31 274
31 274
31 274
31 274
Free-cash
120 336
124 336
110 708
112 468

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
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.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105976
₽102055
₽130110
₽102427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
14 945
income
-
-
-
26 100
pensions
-
-
-
21 350
unemployment
-
-
-
3 203
total
-
-
-
65 598
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.

25 684
10 222
178 661
-
income
3 140
1 250
21 841
-
pensions
2 568
1 022
17 866
-
health
1 798
716
12 506
-
unemployment
385
153
2 680
-
total
7 891
3 141
54 893
-
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.

25 684
10 222
178 661
-
pensions
5 008
1 993
34 839
-
total
5 008
1 993
34 839
-
Corporate
182 808
201 285
-
-
income
16 453
18 116
-
-
total
16 453
18 116
-
-
Dividends
166 355
183 169
-
-
social contributions
32 322
35 601
-
-
withholding
31 607
34 802
-
-
total
63 929
70 403
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 281
93 653
89 732
65 598
After tax
120 219
119 847
123 768
147 902
Living cost
17 792
17 792
17 792
17 792
Free-cash
102 427
102 055
105 976
130 110

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99769
₽147512
₽91148
₽141522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
27 756
income
-
-
-
28 608
pensions
-
-
-
42 699
total
-
-
-
99 063
Employee
27 353
-
159 566
-
income
3 079
-
30 764
-
pensions
547
-
3 191
-
unemployment
437
-
2 553
-
total
4 063
-
36 508
-
Employer
27 353
-
159 566
-
unemployment
220
-
1 277
-
health
3 555
-
20 744
-
pensions
5 471
-
31 913
-
total
9 246
-
53 934
-
Corporate
176 901
213 500
-
-
income
35 380
42 699
-
-
total
35 380
42 699
-
-
Dividends
141 521
170 801
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
48 689
42 699
90 442
99 063
After tax
164 811
170 801
123 058
114 437
Living cost
23 289
23 289
23 289
23 289
Free-cash
141 522
147 512
99 769
91 148

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95986
-₽4156
₽124350
₽14003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
60 910
pensions
-
-
-
4 057
total
-
-
-
67 700
Employee
33 742
-
194 735
-
income
4 629
-
47 563
-
pensions
3 799
-
7 439
-
health
3 864
-
22 297
-
total
12 292
-
77 299
-
Employer
33 742
-
194 735
-
unemployment
827
-
4 771
-
accident
563
-
3 252
-
pensions
5 487
-
10 742
-
total
6 877
-
18 765
-
Corporate
172 881
213 500
-
-
income

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

155 593
192 150
-
-
total
155 593
192 150
-
-
Dividends
17 288
21 350
-
-
withholding
3 285
4 056
-
-
total
3 285
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 047
196 206
96 064
67 700
After tax
35 453
17 294
117 436
145 800
Living cost
21 450
21 450
21 450
21 450
Free-cash
14 003
-4 156
95 986
124 350

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162905
₽194930
₽203470
₽193450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
213 500
microenterprise

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

-
-
-
2 135
total
-
-
-
2 135
Employee
9 869
-
213 500
-
income
1 974
-
42 700
-
total
1 974
-
42 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

203 631
213 500
-
-
total
-
-
-
-
Dividends
203 631
213 500
-
-
withholding
10 181
10 675
-
-
total
10 181
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
12 155
10 675
42 700
2 135
After tax
201 345
202 825
170 800
211 365
Living cost
7 895
7 895
7 895
7 895
Free-cash
193 450
194 930
162 905
203 470

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100286
₽131167
₽102058
₽124656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
6 964
health
-
-
-
6 452
income
-
-
-
37 144
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.

-
-
-
35 190
total
-
-
-
85 750
Employee
35 009
-
176 314
-
income
6 027
-
36 553
-
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.

2 450
-
10 263
-
health
490
-
2 053
-
unemployment
349
-
1 466
-
total
9 316
-
50 335
-
Employer
35 009
-
176 314
-
other
1 751
-
7 330
-
unemployment
349
-
1 466
-
health
490
-
2 053
-
accident
280
-
1 411
-
pensions

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

5 952
-
24 927
-
total
8 822
-
37 187
-
Corporate
169 668
213 500
-
-
income
35 631
44 834
-
-
total
35 631
44 834
-
-
Dividends
134 037
168 666
-
-
withholding
9 383
11 807
-
-
total
9 383
11 807
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 152
56 641
87 522
85 750
After tax
150 348
156 859
125 978
127 750
Living cost
25 692
25 692
25 692
25 692
Free-cash
124 656
131 167
100 286
102 058

Estimated living cost  is ₽25692 per week

₽18153
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.
₽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.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54907
₽70719
₽73987
₽78456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 717
pensions
-
-
-
9 530
total
-
-
-
75 247
Employee
90 927
-
186 094
-
income
16 391
-
52 996
-
health
1 498
-
2 527
-
pensions
8 772
-
11 399
-
total
26 661
-
66 922
-
Employer
90 927
-
186 094
-
health
1 727
-
3 536
-
pensions
10 736
-
23 869
-
total
12 463
-
27 405
-
Corporate
110 110
213 500
-
-
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.

20 921
40 565
-
-
total
20 921
40 565
-
-
Dividends
89 189
172 935
-
-
withholding
10 733
37 950
-
-
total
10 733
37 950
-
-
Income
213 500
213 500
213 500
213 500
Total tax
70 778
78 515
94 327
75 247
After tax
142 722
134 985
119 173
138 253
Living cost
64 266
64 266
64 266
64 266
Free-cash
78 456
70 719
54 907
73 987

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽169033
₽170087
₽160160
₽165673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
3 816
income
-
-
-
32 025
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
40 885
Employee
16 492
-
206 990
-
income
1 649
-
20 699
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
25 503
-
Employer
16 492
-
206 990
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
193 772
213 500
-
-
income
19 377
21 350
-
-
total
19 377
21 350
-
-
Dividends
174 395
192 150
-
-
withholding
8 720
9 608
-
-
total
8 720
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
35 372
30 958
32 012
40 885
After tax
178 128
182 542
181 488
172 615
Living cost
12 455
12 455
12 455
12 455
Free-cash
165 673
170 087
169 033
160 160

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83085
₽52887
₽61365
₽55311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
11 890
income
-
-
-
75 482
pensions
-
-
-
11 297
total
-
-
-
98 669
Employee
89 394
82 339
195 581
-
income

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

13 478
13 478
35 844
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 890
-
total
35 927
35 525
59 031
-
Employer
89 394
82 339
195 581
-
unemployment
3 219
2 964
3 683
-
health
6 212
5 723
7 112
-
pensions
6 221
5 731
7 123
-
total
15 652
14 418
17 918
-
Corporate
108 455
116 743
-
-
income
21 692
23 348
-
-
total
21 692
23 348
-
-
Dividends
86 763
93 395
-
-
income
18 437
19 847
-
-
withholding
13 015
14 009
-
-
total
31 452
33 856
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 723
107 147
76 949
98 669
After tax
108 777
106 353
136 551
114 831
Living cost
53 466
53 466
53 466
53 466
Free-cash
55 311
52 887
83 085
61 365

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽92423
₽123168
₽101696
₽114667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
34 287
health
-
-
-
28 823
income
-
-
-
22 559
solidarity contribution
-
-
-
2 308
total
-
-
-
87 977
Employee
35 040
-
168 940
-
social contributions
2 278
-
7 632
-
solidarity contribution
-
-
1 476
-
income
4 205
-
20 775
-
health
4 730
-
22 807
-
total
11 213
-
52 690
-
Employer
35 040
-
168 940
-
health
3 154
-
15 205
-
social contributions
8 760
-
29 355
-
total
11 914
-
44 560
-
Corporate
166 546
213 500
-
-
income
31 644
40 565
-
-
total
31 644
40 565
-
-
Dividends
134 902
172 935
-
-
withholding
20 235
25 940
-
-
total
20 235
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 006
66 505
97 250
87 977
After tax
138 494
146 995
116 250
125 523
Living cost
23 827
23 827
23 827
23 827
Free-cash
114 667
123 168
92 423
101 696

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53820
₽73225
₽61994
₽68191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
48 258
national
-
-
-
58 558
regional
-
-
-
2 683
municipal
-
-
-
1 321
total
-
-
-
110 820
Employee
85 692
-
213 500
-
social contributions
28 895
-
63 267
-
municipal
454
-
1 202
-
national
14 848
-
52 102
-
regional
809
-
2 423
-
total
45 006
-
118 994
-
Employer
85 692
-
213 500
-
total
-
-
-
-
Corporate
127 808
213 500
-
-
nationa
30 674
51 240
-
-
municipal
4 984
8 327
-
-
total
35 658
59 567
-
-
Dividends
92 150
153 932
-
-
withholding
23 959
40 022
-
-
total
23 959
40 022
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 623
99 589
118 994
110 820
After tax
108 877
113 911
94 506
102 680
Living cost
40 686
40 686
40 686
40 686
Free-cash
68 191
73 225
53 820
61 994

Estimated living cost  is ₽40686 per week

₽28361
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.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73281
₽113015
₽79177
₽110014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
-
health
-
-
-
9 136
income
-
-
-
66 744
pensions
-
-
-
25 737
surtax
-
-
-
11 209
unemployment
-
-
-
220
total
-
-
-
113 046
Employee
31 886
-
186 412
-
surtax
104
-
10 056
-
income
5 345
-
60 977
-
other
-
-
-
-
pensions
2 126
-
8 583
-
health
814
-
3 281
-
unemployment
2 219
-
8 957
-
total
10 608
-
91 854
-
Employer
31 886
-
186 412
-
other
-
-
-
-
unemployment
1 010
-
4 079
-
health
1 451
-
5 855
-
pensions
4 251
-
17 154
-
total
6 712
-
27 088
-
Corporate
174 903
213 500
-
-
income
45 475
55 509
-
-
total
45 475
55 509
-
-
Dividends
129 428
157 991
-
-
withholding
19 414
23 699
-
-
total
19 414
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 209
79 208
118 942
113 046
After tax
131 291
134 292
94 558
100 454
Living cost
21 277
21 277
21 277
21 277
Free-cash
110 014
113 015
73 281
79 177

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75268
₽91080
₽94348
₽97426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 717
pensions
-
-
-
9 530
total
-
-
-
75 247
Employee
60 937
-
186 094
-
income
10 975
-
52 996
-
health
885
-
2 527
-
pensions
5 172
-
11 399
-
total
17 032
-
66 922
-
Employer
60 937
-
186 094
-
health
1 158
-
3 536
-
pensions
6 596
-
23 869
-
total
7 754
-
27 405
-
Corporate
144 809
213 500
-
-
income

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

27 514
40 565
-
-
total
27 514
40 565
-
-
Dividends
117 296
172 935
-
-
withholding
19 869
37 950
-
-
total
19 869
37 950
-
-
Income
213 500
213 500
213 500
213 500
Total tax
72 169
78 515
94 327
75 247
After tax
141 331
134 985
119 173
138 253
Living cost
43 905
43 905
43 905
43 905
Free-cash
97 426
91 080
75 268
94 348

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽83822
₽19628
₽92237
₽53002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other

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

-
-
-
4 269
health
-
-
-
481
pensions
-
-
-
19 641
city
-
-
-
2 250
national
-
-
-
5 016
regional
-
-
-
11 604
total
-
-
-
43 261
Employee
91 283
-
191 793
-
national
432
-
4 014
-
city
980
-
2 069
-
pensions
7 669
-
15 330
-
health
206
-
431
-
regional
2 989
-
10 235
-
unemployment
-
-
-
-
total
12 276
-
32 079
-
Employer
91 283
-
191 793
-
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.

1 825
-
3 836
-
unemployment
-
-
-
-
health
206
-
431
-
pensions
7 669
-
15 330
-
total
9 700
-
19 597
-
Corporate
111 513
213 500
-
-
regional
23 586
45 154
-
-
national
9 478
18 147
-
-
total
33 064
63 301
-
-
Dividends
78 449
150 199
-
-
withholding
27 456
52 569
-
-
total
27 456
52 569
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 496
115 870
51 676
43 261
After tax
131 004
97 630
161 824
170 239
Living cost
78 002
78 002
78 002
78 002
Free-cash
53 002
19 628
83 822
92 237

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88009
₽61245
₽59082
₽76877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
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.

-
-
-
6 587
income

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

-
-
-
70 837
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.

-
-
-
3 896
trade
-
-
-
28 927
total
-
-
-
110 247
Employee

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

57 947
-
213 500
-
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.

375
-
3 896
-
income

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

6 814
-
70 837
-
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.

6 587
-
6 587
-
total
13 776
-
81 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 553
213 500
-
-
chamber of commerce
366
446
-
-
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.

1 283
1 762
-
-
trade
26 678
36 615
-
-
income
23 333
32 024
-
-
total
51 660
70 847
-
-
Dividends
103 894
142 652
-
-
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.

1 409
1 941
-
-
withholding
25 607
35 296
-
-
total
27 016
37 237
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 452
108 084
81 320
110 247
After tax
121 048
105 416
132 180
103 253
Living cost
44 171
44 171
44 171
44 171
Free-cash
76 877
61 245
88 009
59 082

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78098
₽74616
₽84137
₽80307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
6 618
social contributions
-
-
-
6 082
health
-
-
-
10 391
income
-
-
-
39 374
pensions
-
-
-
33 909
surtax
-
-
-
-
total
-
-
-
96 374
Employee
41 266
-
162 999
-
surtax
-
-
-
-
social contributions
1 177
-
4 646
-
income
2 435
-
35 006
-
pensions
4 666
-
12 259
-
total
8 278
-
51 911
-
Employer
41 266
-
162 999
-
other
1 424
-
6 754
-
unemployment
1 671
-
6 602
-
health
2 889
-
16 180
-
pensions
6 779
-
20 477
-
social contributions
124
-
489
-
total
12 887
-
50 502
-
Corporate
159 347
213 500
-
-
surtax
-
-
-
-
income
44 617
59 780
-
-
total
44 617
59 780
-
-
Dividends
114 730
153 720
-
-
social contributions
19 736
26 440
-
-
surtax
-
-
-
-
withholding
14 686
19 675
-
-
total
34 422
46 115
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 204
105 895
102 413
96 374
After tax
113 296
107 605
111 087
117 126
Living cost
32 989
32 989
32 989
32 989
Free-cash
80 307
74 616
78 098
84 137

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81367
₽77885
₽87406
₽83241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
6 618
social contributions
-
-
-
6 082
health
-
-
-
10 391
income
-
-
-
39 374
pensions
-
-
-
33 909
surtax
-
-
-
-
total
-
-
-
96 374
Employee
36 836
-
162 999
-
surtax
-
-
-
-
social contributions
1 050
-
4 646
-
income
1 899
-
35 006
-
pensions
4 166
-
12 259
-
total
7 115
-
51 911
-
Employer
36 836
-
162 999
-
other
1 272
-
6 754
-
unemployment
1 491
-
6 602
-
health
2 578
-
16 180
-
pensions
6 053
-
20 477
-
social contributions
110
-
489
-
total
11 504
-
50 502
-
Corporate
165 160
213 500
-
-
surtax
-
-
-
-
income
46 245
59 780
-
-
total
46 245
59 780
-
-
Dividends
118 915
153 720
-
-
social contributions
20 453
26 440
-
-
surtax
-
-
-
-
withholding
15 222
19 675
-
-
total
35 675
46 115
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 539
105 895
102 413
96 374
After tax
112 961
107 605
111 087
117 126
Living cost
29 720
29 720
29 720
29 720
Free-cash
83 241
77 885
81 367
87 406

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110978
₽109809
₽116665
₽110308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
29 463
health
-
-
-
14 902
income
-
-
-
32 024
total
-
-
-
76 389
Employee
32 692
-
213 500
-
social contributions
4 512
-
29 463
-
income
5 453
-
37 711
-
health
2 282
-
14 902
-
total
12 247
-
82 076
-
Employer
32 692
-
213 500
-
total
-
-
-
-
Corporate
180 808
213 500
-
-
income

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

9 041
10 675
-
-
total
9 041
10 675
-
-
Dividends
171 767
202 825
-
-
social contributions
23 704
27 990
-
-
withholding
25 765
30 423
-
-
health
11 989
14 157
-
-
total
61 458
72 570
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 746
83 245
82 076
76 389
After tax
130 754
130 255
131 424
137 111
Living cost
20 446
20 446
20 446
20 446
Free-cash
110 308
109 809
110 978
116 665

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22033
₽83737
₽75455
₽82244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
8 616
income
-
-
-
67 657
chamber of commerce
-
-
-
854
pensions
-
-
-
20 839
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
104 070
Employee
48 186
38 425
176 248
-
income
5 486
2 834
56 693
-
other
481
384
1 127
-
pensions
4 935
3 934
11 535
-
health
1 865
1 488
4 358
-
unemployment
1 446
1 153
3 380
-
total
14 213
9 793
77 093
-
Employer
48 186
38 425
176 248
-
other
2 289
1 824
7 831
-
unemployment
1 446
1 153
3 380
-
health
1 821
1 453
4 258
-
surtax
190
190
190
-
accident
626
500
1 464
-
pensions
6 047
4 823
14 137
-
payroll
1 446
1 153
5 288
-
chamber of commerce
192
154
704
-
total
14 057
11 250
37 252
-
Corporate
151 257
163 826
172 589
-
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.

37 814
40 957
43 147
-
total
37 814
40 957
43 147
-
Dividends
113 444
122 869
-
-
withholding
31 197
33 788
-
-
total
31 197
33 788
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 281
95 788
157 492
104 070
After tax
116 219
117 712
56 008
109 430
Living cost
33 975
33 975
33 975
33 975
Free-cash
82 244
83 737
22 033
75 455

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37577
₽82197
₽57687
₽69698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
24 039
communal

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

-
-
-
11 368
national
-
-
-
85 250
total
-
-
-
120 657
Employee

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

68 970
-
165 365
-
national
21 204
-
62 396
-
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.

5 173
-
12 402
-
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.

3 240
-
7 771
-
communal

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

3 597
-
8 625
-
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.

600
-
1 438
-
total
33 814
-
92 632
-
Employer

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

68 970
-
165 365
-
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.

1 006
-
2 413
-
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.

4 241
-
10 170
-
surtax
7 820
-
18 751
-
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.

897
-
2 150
-
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.

6 111
-
14 651
-
total
20 075
-
48 135
-
Corporate
124 454
213 500
-
-
surtax
498
909
-
-
income
24 890
45 447
-
-
total
25 388
46 356
-
-
Dividends
99 066
167 143
-
-
withholding

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

29 369
49 791
-
-
total
29 369
49 791
-
-
Income
213 500
213 500
213 500
213 500
Total tax
108 646
96 147
140 767
120 657
After tax
104 854
117 353
72 733
92 843
Living cost
35 156
35 156
35 156
35 156
Free-cash
69 698
82 197
37 577
57 687

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
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.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80461
₽106966
₽84506
₽100357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
67 361
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
94 173
Employee
47 996
-
185 009
-
income
10 127
-
64 051
-
other
48
-
90
-
pensions
2 256
-
4 201
-
unemployment
745
-
1 385
-
total
13 176
-
69 727
-
Employer
47 996
-
185 009
-
other
382
-
715
-
unemployment
2 640
-
4 915
-
accident
950
-
1 769
-
pensions
11 326
-
21 092
-
total
15 298
-
28 491
-
Corporate
150 206
213 500
-
-
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.

22 532
32 024
-
-
total
22 532
32 024
-
-
Dividends
127 674
181 476
-
-
withholding
27 316
39 689
-
-
total
27 316
39 689
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 322
71 713
98 218
94 173
After tax
135 178
141 787
115 282
119 327
Living cost
34 821
34 821
34 821
34 821
Free-cash
100 357
106 966
80 461
84 506

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56782
₽68792
₽48268
₽55544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
15 000
accident
-
-
-
1 800
income
-
-
-
39 954
pensions
-
-
-
32 001
communal
-
-
-
13 493
surtax
-
-
-
10 585
total
-
-
-
112 833
Employee
73 018
-
190 710
-
surtax
4 476
-
11 688
-
income
7 053
-
46 100
-
pensions
5 841
-
15 256
-
health
3 250
-
8 486
-
total
20 620
-
81 530
-
Employer
73 018
-
190 710
-
health
2 227
-
5 817
-
accident
657
-
1 716
-
pensions
5 841
-
15 256
-
total
8 725
-
22 789
-
Corporate
131 758
213 500
-
-
surtax
1 383
2 241
-
-
income
19 763
32 024
-
-
communal
8 894
14 411
-
-
total
30 040
48 676
-
-
Dividends
101 717
164 823
-
-
income
30 914
18 909
-
-
withholding
15 258
24 724
-
-
total
46 172
43 633
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 557
92 309
104 319
112 833
After tax
107 943
121 191
109 181
100 667
Living cost
52 399
52 399
52 399
52 399
Free-cash
55 544
68 792
56 782
48 268

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72901
₽112635
₽78797
₽109568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
-
health
-
-
-
9 136
income
-
-
-
66 744
pensions
-
-
-
25 737
surtax
-
-
-
11 209
unemployment
-
-
-
220
total
-
-
-
113 046
Employee
32 471
-
186 412
-
surtax
115
-
10 056
-
income
5 444
-
60 977
-
other
-
-
-
-
pensions
2 166
-
8 583
-
health
829
-
3 281
-
unemployment
2 260
-
8 957
-
total
10 814
-
91 854
-
Employer
32 471
-
186 412
-
other
-
-
-
-
unemployment
1 030
-
4 079
-
health
1 477
-
5 855
-
pensions
4 329
-
17 154
-
total
6 836
-
27 088
-
Corporate
174 193
213 500
-
-
income
45 290
55 509
-
-
total
45 290
55 509
-
-
Dividends
128 903
157 991
-
-
withholding
19 335
23 699
-
-
total
19 335
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 275
79 208
118 942
113 046
After tax
131 225
134 292
94 558
100 454
Living cost
21 657
21 657
21 657
21 657
Free-cash
109 568
112 635
72 901
78 797

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67907
₽86247
₽76035
₽84107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
48 258
national
-
-
-
58 558
regional
-
-
-
3 355
municipal
-
-
-
1 321
total
-
-
-
111 492
Employee
53 486
-
213 500
-
social contributions
18 036
-
63 267
-
municipal
284
-
1 202
-
national
8 474
-
52 102
-
regional
720
-
3 049
-
total
27 514
-
119 620
-
Employer
53 486
-
213 500
-
total
-
-
-
-
Corporate
160 014
213 500
-
-
nationa
38 403
51 240
-
-
municipal
7 952
10 611
-
-
total
46 355
61 851
-
-
Dividends
113 659
151 649
-
-
withholding
29 551
39 429
-
-
total
29 551
39 429
-
-
Income
213 500
213 500
213 500
213 500
Total tax
103 420
101 280
119 620
111 492
After tax
110 080
112 220
93 880
102 008
Living cost
25 973
25 973
25 973
25 973
Free-cash
84 107
86 247
67 907
76 035

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86888
₽117633
₽96161
₽107158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
34 287
health
-
-
-
28 823
income
-
-
-
22 559
solidarity contribution
-
-
-
2 308
total
-
-
-
87 977
Employee
43 179
-
168 940
-
social contributions
2 807
-
7 632
-
solidarity contribution
-
-
1 476
-
income
5 181
-
20 775
-
health
5 829
-
22 807
-
total
13 817
-
52 690
-
Employer
43 179
-
168 940
-
health
3 886
-
15 205
-
social contributions
10 795
-
29 355
-
total
14 681
-
44 560
-
Corporate
155 641
213 500
-
-
income
29 572
40 565
-
-
total
29 572
40 565
-
-
Dividends
126 069
172 935
-
-
withholding
18 910
25 940
-
-
total
18 910
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 980
66 505
97 250
87 977
After tax
136 520
146 995
116 250
125 523
Living cost
29 362
29 362
29 362
29 362
Free-cash
107 158
117 633
86 888
96 161

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25296
₽87053
₽78859
₽86579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
8 616
income
-
-
-
67 657
chamber of commerce
-
-
-
854
pensions
-
-
-
20 839
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
103 880
Employee
42 148
38 425
176 426
-
income
3 755
2 834
56 777
-
other
421
384
1 127
-
pensions
4 316
3 934
11 535
-
health
1 630
1 488
4 358
-
unemployment
1 264
1 153
3 380
-
total
11 386
9 793
77 177
-
Employer
42 148
38 425
176 426
-
other
2 002
1 824
7 837
-
unemployment
1 264
1 153
3 380
-
health
1 594
1 453
4 258
-
surtax
-
-
-
-
accident
547
500
1 464
-
pensions
5 290
4 823
14 137
-
payroll
1 264
1 153
5 293
-
chamber of commerce
168
154
706
-
total
12 129
11 060
37 075
-
Corporate
159 223
164 016
172 766
-
income

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

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

39 806
41 005
43 191
-
total
39 806
41 005
43 191
-
Dividends
119 416
123 011
-
-
withholding
32 839
33 828
-
-
total
32 839
33 828
-
-
Income
213 500
213 500
213 500
213 500
Total tax
96 160
95 686
157 443
103 880
After tax
117 340
117 814
56 057
109 620
Living cost
30 761
30 761
30 761
30 761
Free-cash
86 579
87 053
25 296
78 859

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158497
₽190522
₽199062
₽188215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
213 500
microenterprise

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

-
-
-
2 135
total
-
-
-
2 135
Employee
15 379
-
213 500
-
income
3 076
-
42 700
-
total
3 076
-
42 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

198 121
213 500
-
-
total
-
-
-
-
Dividends
198 121
213 500
-
-
withholding
9 906
10 675
-
-
total
9 906
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
12 982
10 675
42 700
2 135
After tax
200 518
202 825
170 800
211 365
Living cost
12 303
12 303
12 303
12 303
Free-cash
188 215
190 522
158 497
199 062

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68982
₽121132
₽73619
₽113067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
health
-
-
-
21 009
income
-
-
-
53 700
pensions
-
-
-
38 990
unemployment
-
-
-
320
total
-
-
-
114 019
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.

42 637
-
184 736
-
income
7 353
-
49 066
-
pensions
6 609
-
28 634
-
health
2 754
-
11 934
-
unemployment
60
-
258
-
total
16 776
-
89 892
-
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.

42 637
-
184 736
-
unemployment
26
-
112
-
health
2 840
-
12 303
-
pensions
3 773
-
16 349
-
total
6 639
-
28 764
-
Corporate
164 224
213 500
-
-
income
31 203
40 566
-
-
total
31 203
40 566
-
-
Dividends
133 022
172 934
-
-
withholding
19 953
25 940
-
-
total
19 953
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
74 571
66 506
118 656
114 019
After tax
138 929
146 994
94 844
99 481
Living cost
25 862
25 862
25 862
25 862
Free-cash
113 067
121 132
68 982
73 619

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157031
₽86618
₽104271
₽38913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
24 339
income
-
-
-
41 615
total
-
-
-
65 954
Employee
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
Corporate
63 960
213 500
-
-
income
14 071
46 970
-
-
total
14 071
46 970
-
-
Dividends
49 889
166 530
-
-
income
10 976
36 637
-
-
total
10 976
36 637
-
-
Income
213 500
213 500
213 500
213 500
Total tax
131 312
83 607
13 194
65 954
After tax
82 188
129 893
200 306
147 546
Living cost
43 275
43 275
43 275
43 275
Free-cash
38 913
86 618
157 031
104 271

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
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.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64748
₽91196
₽81294
₽90224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
social contributions

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

-
-
-
74 191
income
-
-
-
27 771
surtax
-
-
-
-
total
-
-
-
101 962
Employee
44 346
-
172 524
-
surtax
-
-
179
-
social contributions
4 878
-
18 978
-
income
9 224
-
58 377
-
total
14 102
-
77 534
-
Employer
44 346
-
172 524
-
social contributions
10 532
-
40 974
-
total
10 532
-
40 974
-
Corporate
158 622
213 500
-
-
surtax
-
-
-
-
income
33 311
44 834
-
-
total
33 311
44 834
-
-
Dividends
125 311
168 666
-
-
withholding
35 087
47 226
-
-
total
35 087
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 032
92 060
118 508
101 962
After tax
120 468
121 440
94 992
111 538
Living cost
30 244
30 244
30 244
30 244
Free-cash
90 224
91 196
64 748
81 294

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
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.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64517
₽61035
₽70556
₽67662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
6 618
social contributions
-
-
-
6 082
health
-
-
-
10 391
income
-
-
-
39 374
pensions
-
-
-
33 909
surtax
-
-
-
-
total
-
-
-
96 374
Employee
60 390
-
162 999
-
surtax
-
-
-
-
social contributions
1 720
-
4 646
-
income
5 269
-
35 006
-
pensions
6 830
-
12 259
-
total
13 819
-
51 911
-
Employer
60 390
-
162 999
-
other
2 084
-
6 754
-
unemployment
2 446
-
6 602
-
health
4 227
-
16 180
-
pensions
9 923
-
20 477
-
social contributions
181
-
489
-
total
18 861
-
50 502
-
Corporate
134 249
213 500
-
-
surtax
-
-
-
-
income
37 590
59 780
-
-
total
37 590
59 780
-
-
Dividends
96 659
153 720
-
-
social contributions
16 625
26 440
-
-
surtax
-
-
-
-
withholding
12 373
19 675
-
-
total
28 998
46 115
-
-
Income
213 500
213 500
213 500
213 500
Total tax
99 268
105 895
102 413
96 374
After tax
114 232
107 605
111 087
117 126
Living cost
46 570
46 570
46 570
46 570
Free-cash
67 662
61 035
64 517
70 556

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132419
₽163166
₽126749
₽159925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
10 797
social contributions
-
-
-
46 970
total
-
-
-
57 767
Employee
30 998
-
184 848
-
income
-
-
11 429
-
social contributions
2 015
-
12 016
-
total
2 015
-
23 445
-
Employer
30 998
-
184 848
-
social contributions
4 805
-
28 652
-
total
4 805
-
28 652
-
Corporate
177 697
213 500
-
-
income
17 771
21 350
-
-
total
17 771
21 350
-
-
Dividends
159 926
192 150
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
24 591
21 350
52 097
57 767
After tax
188 909
192 150
161 403
155 733
Living cost
28 984
28 984
28 984
28 984
Free-cash
159 925
163 166
132 419
126 749

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3722
₽3722
₽77011
₽2121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
labour market
-
-
-
17 013
pensions
-
-
-
835
national
-
-
-
26 494
municipal
-
-
-
45 777
total
-
-
-
90 119
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
3 720
-
-
-
income
818
-
-
-
total
818
-
-
-
Dividends
2 902
-
-
-
withholding
783
-
-
-
total
783
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
165 009
163 408
163 408
90 119
After tax
48 491
50 092
50 092
123 381
Living cost
46 370
46 370
46 370
46 370
Free-cash
2 121
3 722
3 722
77 011

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96302
-₽3840
₽124666
₽14050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
60 910
pensions
-
-
-
4 057
total
-
-
-
67 700
Employee
33 245
-
194 735
-
income
4 561
-
47 563
-
pensions
3 744
-
7 439
-
health
3 807
-
22 297
-
total
12 112
-
77 299
-
Employer
33 245
-
194 735
-
unemployment
815
-
4 771
-
accident
555
-
3 252
-
pensions
5 406
-
10 742
-
total
6 776
-
18 765
-
Corporate
173 480
213 500
-
-
income

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

156 132
192 150
-
-
total
156 132
192 150
-
-
Dividends
17 348
21 350
-
-
withholding
3 296
4 056
-
-
total
3 296
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 316
196 206
96 064
67 700
After tax
35 184
17 294
117 436
145 800
Living cost
21 134
21 134
21 134
21 134
Free-cash
14 050
-3 840
96 302
124 666

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69890
₽94054
₽94343
₽97032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
213 500
health
-
-
-
2 886
national
-
-
-
41 342
municipal
-
-
-
37 911
total
-
-
-
82 139
Employee
50 729
-
179 607
-
municipal
8 309
-
29 236
-
national
838
-
26 283
-
pensions
3 423
-
12 124
-
health
379
-
2 364
-
unemployment
761
-
2 693
-
total
13 710
-
72 700
-
Employer
50 729
-
179 607
-
unemployment
329
-
1 167
-
health
390
-
1 383
-
accident
51
-
179
-
pensions
8 801
-
31 163
-
total
9 571
-
33 892
-
Corporate
153 200
213 500
-
-
income
30 639
42 699
-
-
total
30 639
42 699
-
-
Dividends

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

91 921
128 101
-
-
national
8 984
16 670
-
-
municipal
16 546
23 059
-
-
total
25 530
39 729
-
-
Income
213 500
213 500
213 500
213 500
Total tax
79 450
82 428
106 592
82 139
After tax
134 050
131 072
106 908
131 361
Living cost
37 018
37 018
37 018
37 018
Free-cash
97 032
94 054
69 890
94 343

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119658
₽133286
₽121418
₽128036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
15 600
health
-
-
-
5 444
income
-
-
-
48 714
total
-
-
-
69 758
Employee
74 142
74 142
201 473
-
social contributions
2 803
6 153
8 300
-
income
8 073
6 863
47 766
-
health
575
1 261
3 425
-
total
11 451
14 277
59 491
-
Employer
74 142
74 142
201 473
-
health
624
1 372
3 727
-
social contributions
2 803
6 153
8 300
-
total
3 427
7 525
12 027
-
Corporate
176 298
131 832
-
-
income
22 038
16 479
-
-
total
22 038
16 479
-
-
Dividends
154 261
115 353
-
-
withholding
26 224
19 609
-
-
total
26 224
19 609
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 140
57 890
71 518
69 758
After tax
150 360
155 610
141 982
143 742
Living cost
22 324
22 324
22 324
22 324
Free-cash
128 036
133 286
119 658
121 418

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147120
₽161492
₽166459
₽156584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
213 500
health
-
-
-
3 489
income
-
-
-
22 083
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
31 732
Employee

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

22 132
-
204 077
-
income
1 513
-
19 692
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
41 648
-
Employer

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

22 132
-
204 077
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
189 090
213 500
-
-
income
17 019
19 214
-
-
total
17 019
19 214
-
-
Dividends
172 072
194 286
-
-
withholding
15 487
17 485
-
-
total
15 487
17 485
-
-
Income
213 500
213 500
213 500
213 500
Total tax
41 607
36 699
51 071
31 732
After tax
171 893
176 801
162 429
181 768
Living cost
15 309
15 309
15 309
15 309
Free-cash
156 584
161 492
147 120
166 459

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽88768
₽115273
₽92813
₽111014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
67 361
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
94 173
Employee
35 652
-
185 009
-
income
6 873
-
64 051
-
other
35
-
90
-
pensions
1 676
-
4 201
-
unemployment
553
-
1 385
-
total
9 137
-
69 727
-
Employer
35 652
-
185 009
-
other
285
-
715
-
unemployment
1 961
-
4 915
-
accident
706
-
1 769
-
pensions
8 413
-
21 092
-
total
11 365
-
28 491
-
Corporate
166 481
213 500
-
-
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.

24 972
32 024
-
-
total
24 972
32 024
-
-
Dividends
141 509
181 476
-
-
withholding
30 498
39 689
-
-
total
30 498
39 689
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 972
71 713
98 218
94 173
After tax
137 528
141 787
115 282
119 327
Living cost
26 514
26 514
26 514
26 514
Free-cash
111 014
115 273
88 768
92 813

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135820
₽131443
₽135948
₽131150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
942
income
-
-
-
73 530
pensions
-
-
-
1 299
total
-
-
-
75 771
Employee
2 713
-
212 038
-
income
525
-
73 462
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
74 437
-
Employer
2 713
-
212 038
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
210 177
213 500
-
-
income
46 239
46 970
-
-
total
46 239
46 970
-
-
Dividends
163 938
166 530
-
-
withholding
32 788
33 306
-
-
total
32 788
33 306
-
-
Income
213 500
213 500
213 500
213 500
Total tax
80 569
80 276
75 899
75 771
After tax
132 931
133 224
137 601
137 729
Living cost
1 781
1 781
1 781
1 781
Free-cash
131 150
131 443
135 820
135 948

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120654
₽137626
₽120653
₽132896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
health
-
-
-
7 319
income
-
-
-
49 359
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
76 219
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.

25 074
-
200 781
-
income
3 456
-
49 359
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
63 499
-
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.

25 074
-
200 781
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
183 938
213 500
-
-
income
27 591
32 025
-
-
total
27 591
32 025
-
-
Dividends
156 347
181 475
-
-
withholding
23 452
27 221
-
-
total
23 452
27 221
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 976
59 246
76 218
76 219
After tax
149 524
154 254
137 282
137 281
Living cost
16 628
16 628
16 628
16 628
Free-cash
132 896
137 626
120 654
120 653

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
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.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68998
₽95446
₽85544
₽95098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
social contributions

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

-
-
-
74 191
income
-
-
-
27 771
surtax
-
-
-
-
total
-
-
-
101 962
Employee
37 423
-
172 524
-
surtax
-
-
179
-
social contributions
4 117
-
18 978
-
income
7 312
-
58 377
-
total
11 429
-
77 534
-
Employer
37 423
-
172 524
-
social contributions
8 887
-
40 974
-
total
8 887
-
40 974
-
Corporate
167 190
213 500
-
-
surtax
-
-
-
-
income
35 109
44 834
-
-
total
35 109
44 834
-
-
Dividends
132 081
168 666
-
-
withholding
36 983
47 226
-
-
total
36 983
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 408
92 060
118 508
101 962
After tax
121 092
121 440
94 992
111 538
Living cost
25 994
25 994
25 994
25 994
Free-cash
95 098
95 446
68 998
85 544

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81396
₽107901
₽85441
₽101589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
67 361
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
94 173
Employee
46 567
-
185 009
-
income
9 726
-
64 051
-
other
46
-
90
-
pensions
2 188
-
4 201
-
unemployment
721
-
1 385
-
total
12 681
-
69 727
-
Employer
46 567
-
185 009
-
other
373
-
715
-
unemployment
2 562
-
4 915
-
accident
922
-
1 769
-
pensions
10 990
-
21 092
-
total
14 847
-
28 491
-
Corporate
152 087
213 500
-
-
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.

22 813
32 024
-
-
total
22 813
32 024
-
-
Dividends
129 274
181 476
-
-
withholding
27 684
39 689
-
-
total
27 684
39 689
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 025
71 713
98 218
94 173
After tax
135 475
141 787
115 282
119 327
Living cost
33 886
33 886
33 886
33 886
Free-cash
101 589
107 901
81 396
85 441

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165147
₽166201
₽156274
₽160412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
health
-
-
-
3 816
income
-
-
-
32 025
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
40 885
Employee
21 638
-
206 990
-
income
2 164
-
20 699
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
25 503
-
Employer
21 638
-
206 990
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
187 617
213 500
-
-
income
18 762
21 350
-
-
total
18 762
21 350
-
-
Dividends
168 855
192 150
-
-
withholding
8 443
9 608
-
-
total
8 443
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
36 747
30 958
32 012
40 885
After tax
176 753
182 542
181 488
172 615
Living cost
16 341
16 341
16 341
16 341
Free-cash
160 412
166 201
165 147
156 274

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94955
₽72582
₽70751
₽85195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
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.

-
-
-
6 587
income

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

-
-
-
70 837
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.

-
-
-
3 896
trade
-
-
-
24 204
total
-
-
-
105 524
Employee

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

47 975
-
213 500
-
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.

218
-
3 896
-
income

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

3 945
-
70 837
-
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.

6 587
-
6 587
-
total
10 750
-
81 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 525
213 500
-
-
chamber of commerce
390
459
-
-
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.

1 365
1 762
-
-
trade
23 752
30 637
-
-
income
24 828
32 024
-
-
total
50 335
64 882
-
-
Dividends
115 190
148 617
-
-
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.

1 564
2 024
-
-
withholding
28 431
36 787
-
-
total
29 995
38 811
-
-
Income
213 500
213 500
213 500
213 500
Total tax
91 080
103 693
81 320
105 524
After tax
122 420
109 807
132 180
107 976
Living cost
37 225
37 225
37 225
37 225
Free-cash
85 195
72 582
94 955
70 751

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52481
₽94526
₽52481
₽96653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
69 463
social contributions
-
-
-
36 631
total
-
-
-
106 094
Employee
75 422
-
213 500
-
income
14 232
-
69 463
-
social contributions
6 266
-
36 631
-
total
20 498
-
106 094
-
Employer
75 422
-
213 500
-
total
-
-
-
-
Corporate
138 078
213 500
-
-
income
17 260
26 687
-
-
total
17 260
26 687
-
-
Dividends
120 818
186 813
-
-
withholding
24 164
37 362
-
-
total
24 164
37 362
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 922
64 049
106 094
106 094
After tax
151 578
149 451
107 406
107 406
Living cost
54 925
54 925
54 925
54 925
Free-cash
96 653
94 526
52 481
52 481

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
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.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114138
₽98680
₽140548
₽102050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
income
-
-
-
32 024
health

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

-
-
-
5 927
total
-
-
-
37 951
Employee
44 232
-
209 065
-
income
4 799
-
55 491
-
social contributions
4 432
-
4 435
-
total
9 231
-
59 926
-
Employer
44 232
-
209 065
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
164 836
213 500
-
-
income
57 692
74 725
-
-
total
57 692
74 725
-
-
Dividends
107 144
138 775
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 449
79 819
64 361
37 951
After tax
137 051
133 681
149 139
175 549
Living cost
35 001
35 001
35 001
35 001
Free-cash
102 050
98 680
114 138
140 548

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83480
₽99292
₽102560
₽104984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 717
pensions
-
-
-
9 530
total
-
-
-
75 247
Employee
48 994
-
186 094
-
income
8 922
-
52 996
-
health
639
-
2 527
-
pensions
3 739
-
11 399
-
total
13 300
-
66 922
-
Employer
48 994
-
186 094
-
health
931
-
3 536
-
pensions
4 950
-
23 869
-
total
5 881
-
27 405
-
Corporate
158 625
213 500
-
-
income

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

30 138
40 565
-
-
total
30 138
40 565
-
-
Dividends
128 487
172 935
-
-
withholding
23 504
37 950
-
-
total
23 504
37 950
-
-
Income
213 500
213 500
213 500
213 500
Total tax
72 823
78 515
94 327
75 247
After tax
140 677
134 985
119 173
138 253
Living cost
35 693
35 693
35 693
35 693
Free-cash
104 984
99 292
83 480
102 560

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽94210
-₽5932
₽122574
₽13733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
60 910
pensions
-
-
-
4 057
total
-
-
-
67 700
Employee
36 536
-
194 735
-
income
5 012
-
47 563
-
pensions
4 114
-
7 439
-
health
4 183
-
22 297
-
total
13 309
-
77 299
-
Employer
36 536
-
194 735
-
unemployment
895
-
4 771
-
accident
610
-
3 252
-
pensions
5 940
-
10 742
-
total
7 445
-
18 765
-
Corporate
169 518
213 500
-
-
income

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

152 566
192 150
-
-
total
152 566
192 150
-
-
Dividends
16 952
21 350
-
-
withholding
3 221
4 056
-
-
total
3 221
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
176 541
196 206
96 064
67 700
After tax
36 959
17 294
117 436
145 800
Living cost
23 226
23 226
23 226
23 226
Free-cash
13 733
-5 932
94 210
122 574

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143453
₽150321
₽122279
₽147407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
213 500
income
-
-
-
35 865
health insurance
-
-
-
11 396
work injury
-
-
-
770
pensions
-
-
-
28 335
unemployment
-
-
-
1 848
total
-
-
-
78 214
Employee

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

20 811
-
213 500
-
income
2 081
-
35 865
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
57 040
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 689
213 500
-
-
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%.

19 269
21 350
-
-
total
19 269
21 350
-
-
Dividends
173 420
192 150
-
-
withholding
26 013
28 822
-
-
total
26 013
28 822
-
-
Income
213 500
213 500
213 500
213 500
Total tax
53 086
50 172
57 040
78 214
After tax
160 414
163 328
156 460
135 286
Living cost
13 007
13 007
13 007
13 007
Free-cash
147 407
150 321
143 453
122 279

Estimated living cost  is ₽13007 per week

₽8058
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.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53687
₽74046
₽61604
₽69659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
48 258
national
-
-
-
58 558
regional
-
-
-
5 181
municipal
-
-
-
1 488
total
-
-
-
113 485
Employee
81 250
-
213 500
-
social contributions
27 397
-
63 267
-
municipal
485
-
1 352
-
national
13 730
-
52 102
-
regional
1 227
-
4 681
-
total
42 839
-
121 402
-
Employer
81 250
-
213 500
-
total
-
-
-
-
Corporate
132 250
213 500
-
-
nationa
31 741
51 240
-
-
municipal
6 375
10 291
-
-
total
38 116
61 531
-
-
Dividends
94 135
151 969
-
-
withholding
24 475
39 512
-
-
total
24 475
39 512
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 430
101 043
121 402
113 485
After tax
108 070
112 457
92 098
100 015
Living cost
38 411
38 411
38 411
38 411
Free-cash
69 659
74 046
53 687
61 604

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
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.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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