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
₽76455
₽78558
₽89167
₽103058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 603
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.

-
-
-
6 552
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.

-
-
-
3 902
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.

-
-
-
70 937
total
-
-
-
107 994
Employee

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

36 684
-
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.

56
-
3 902
-
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.

1 025
-
70 937
-
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.

6 552
-
6 552
-
total
7 633
-
81 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 816
213 500
-
-
trade
27 849
33 626
-
-
income
26 522
32 025
-
-
chamber of commerce
400
453
-
-
surtax

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

1 458
1 762
-
-
total
56 229
67 866
-
-
Dividends
120 586
145 634
-
-
withholding
29 782
36 043
-
-
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.

1 638
1 982
-
-
total
31 420
38 025
-
-
Income
213 500
213 500
213 500
213 500
Total tax
95 282
105 891
81 391
107 994
After tax
118 218
107 609
132 109
105 506
Living cost
29 051
29 051
29 051
29 051
Free-cash
89 167
78 558
103 058
76 455

Estimated living cost  is ₽29051 per week

₽18274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71350
₽81925
₽81072
₽72495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 638
pensions
-
-
-
25 620
social contributions
-
-
-
2 295
national
-
-
-
39 298
total
-
-
-
90 851
Employee
79 523
-
184 569
-
municipal
9 822
-
24 465
-
national
15 221
-
41 108
-
pensions
3 181
-
7 383
-
total
28 224
-
72 956
-
Employer
79 523
-
184 569
-
pensions
6 362
-
14 766
-
social contributions
855
-
1 984
-
total
7 217
-
16 750
-
Corporate
121 512
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%.

24 302
42 700
-
-
total
24 302
42 700
-
-
Dividends
97 210
170 800
-
-
withholding
21 386
37 576
-
-
total
21 386
37 576
-
-
Income
213 500
213 500
213 500
213 500
Total tax
81 129
80 276
89 706
90 851
After tax
132 371
133 224
123 794
122 649
Living cost
51 299
51 299
51 299
51 299
Free-cash
81 072
81 925
72 495
71 350

Estimated living cost  is ₽51299 per week

₽34867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57548
₽150846
₽142978
₽72750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
54 443
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.

-
-
-
36 748
income
-
-
-
44 807
microenterprise
-
-
-
-
total
-
-
-
135 998
Employee
28 026
-
167 535
-
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.

3 083
-
12 573
-
surtax
-
-
24 293
-
income
4 989
-
37 965
-
total
8 072
-
74 831
-
Employer
28 026
-
167 535
-
surtax
-
-
18 429
-
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.

6 751
-
27 536
-
total
6 751
-
45 965
-
Corporate
178 723
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%.

35 745
42 700
-
-
total
35 745
42 700
-
-
Dividends

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

142 979
170 800
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
50 568
42 700
120 796
135 998
After tax
162 932
170 800
92 704
77 502
Living cost
19 954
19 954
19 954
19 954
Free-cash
142 978
150 846
72 750
57 548

Estimated living cost  is ₽19954 per week

₽12730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74591
₽66187
₽60312
₽96367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
75 666
total
-
-
-
98 730
Employee
81 904
81 904
195 676
-
pensions
14 743
11 237
11 237
-
income

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

13 406
13 406
36 065
-
health
12 571
10 693
11 827
-
total
40 720
35 336
59 129
-
Employer
81 904
81 904
195 676
-
pensions
5 701
5 701
7 086
-
unemployment
2 949
2 949
3 664
-
health
5 693
5 693
7 075
-
total
14 343
14 343
17 825
-
Corporate
118 258
117 253
-
-
income
23 652
23 450
-
-
total
23 652
23 450
-
-
Dividends
94 606
93 803
-
-
withholding
14 191
14 071
-
-
income
20 103
19 934
-
-
total
34 294
34 005
-
-
Income
213 500
213 500
213 500
213 500
Total tax
113 009
107 134
76 954
98 730
After tax
100 491
106 366
136 546
114 770
Living cost
40 179
40 179
40 179
40 179
Free-cash
60 312
66 187
96 367
74 591

Estimated living cost  is ₽40179 per week

₽28474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
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.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67664
₽76997
₽76108
₽66704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
56 173
pensions
-
-
-
9 376
health
-
-
-
5 412
other
-
-
-
10 078
unemployment
-
-
-
87
accident
-
-
-
173
national
-
-
-
24 963
total
-
-
-
106 262
Employee
56 389
-
186 249
-
municipal
16 815
-
55 539
-
national
-
-
24 432
-
total
16 815
-
79 971
-
Employer
56 389
-
186 249
-
pensions
6 096
-
9 376
-
other
6 553
-
10 078
-
unemployment
1 489
-
2 290
-
accident
113
-
173
-
health
3 468
-
5 334
-
total
17 719
-
27 251
-
Corporate
139 393
213 500
-
-
income
30 666
46 970
-
-
total
30 666
46 970
-
-
Dividends
108 727
166 530
-
-
withholding
32 618
49 959
-
-
total
32 618
49 959
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 818
96 929
107 222
106 262
After tax
115 682
116 571
106 278
107 238
Living cost
39 574
39 574
39 574
39 574
Free-cash
76 108
76 997
66 704
67 664

Estimated living cost  is ₽39574 per week

₽26228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66645
₽68830
₽82308
₽94431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 786
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.

-
-
-
6 552
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.

-
-
-
3 902
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.

-
-
-
70 937
total
-
-
-
109 177
Employee

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

48 639
-
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.

229
-
3 902
-
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.

4 179
-
70 937
-
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.

6 552
-
6 552
-
total
10 960
-
81 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 861
213 500
-
-
trade
27 119
35 121
-
-
income
24 730
32 025
-
-
chamber of commerce
380
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.

1 360
1 762
-
-
total
53 589
69 358
-
-
Dividends
111 272
144 143
-
-
withholding
27 454
35 672
-
-
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.

1 511
1 962
-
-
total
28 965
37 634
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 514
106 992
81 391
109 177
After tax
119 986
106 508
132 109
104 323
Living cost
37 678
37 678
37 678
37 678
Free-cash
82 308
68 830
94 431
66 645

Estimated living cost  is ₽37678 per week

₽25199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3973
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.
₽7943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112587
₽124498
₽120518
₽110830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 444
social contributions
-
-
-
15 518
income
-
-
-
48 842
total
-
-
-
69 804
Employee
73 751
73 751
201 516
-
social contributions
3 584
6 121
8 256
-
income
7 745
6 827
47 896
-
health
733
1 254
3 425
-
total
12 062
14 202
59 577
-
Employer
73 751
73 751
201 516
-
social contributions
3 584
6 121
8 256
-
health
799
1 365
3 728
-
total
4 383
7 486
11 984
-
Corporate
165 947
132 263
-
-
income
20 744
16 532
-
-
total
20 744
16 532
-
-
Dividends
145 203
115 731
-
-
withholding
24 684
19 673
-
-
total
24 684
19 673
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 873
57 893
71 561
69 804
After tax
151 627
155 607
141 939
143 696
Living cost
31 109
31 109
31 109
31 109
Free-cash
120 518
124 498
110 830
112 587

Estimated living cost  is ₽31109 per week

₽21266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130250
₽102191
₽102560
₽106115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 350
health
-
-
-
14 945
unemployment
-
-
-
3 202
income
-
-
-
26 100
total
-
-
-
65 597
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.

25 483
10 142
178 661
-
pensions
2 548
1 014
17 866
-
unemployment
382
152
2 680
-
income
3 115
1 240
21 841
-
health
1 784
710
12 506
-
total
7 829
3 116
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.

25 483
10 142
178 661
-
pensions
4 969
1 978
34 839
-
total
4 969
1 978
34 839
-
Corporate
183 048
201 381
-
-
income
16 474
18 124
-
-
total
16 474
18 124
-
-
Dividends
166 574
183 256
-
-
withholding
31 649
34 819
-
-
social contributions
32 366
35 619
-
-
total
64 015
70 438
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 287
93 656
89 732
65 597
After tax
120 213
119 844
123 768
147 903
Living cost
17 653
17 653
17 653
17 653
Free-cash
102 560
102 191
106 115
130 250

Estimated living cost  is ₽17653 per week

₽12047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91271
₽147634
₽141677
₽99890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
42 700
health
-
-
-
27 755
income
-
-
-
28 608
total
-
-
-
99 063
Employee
27 209
-
159 567
-
pensions
544
-
3 191
-
unemployment
435
-
2 554
-
income
3 063
-
30 765
-
total
4 042
-
36 510
-
Employer
27 209
-
159 567
-
pensions
5 442
-
31 914
-
unemployment
218
-
1 276
-
health
3 536
-
20 744
-
total
9 196
-
53 934
-
Corporate
177 094
213 500
-
-
income
35 419
42 700
-
-
total
35 419
42 700
-
-
Dividends
141 675
170 800
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
48 657
42 700
90 444
99 063
After tax
164 843
170 800
123 056
114 437
Living cost
23 166
23 166
23 166
23 166
Free-cash
141 677
147 634
99 890
91 271

Estimated living cost  is ₽23166 per week

₽15889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124296
-₽4211
₽13994
₽95916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
60 891
total
-
-
-
67 699
Employee
33 829
-
194 709
-
pensions
3 809
-
7 458
-
income
4 641
-
47 536
-
health
3 873
-
22 294
-
total
12 323
-
77 288
-
Employer
33 829
-
194 709
-
pensions
5 501
-
10 769
-
unemployment
829
-
4 770
-
accident
565
-
3 252
-
total
6 895
-
18 791
-
Corporate
172 777
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.

155 500
192 150
-
-
total
155 500
192 150
-
-
Dividends
17 278
21 350
-
-
withholding
3 283
4 056
-
-
total
3 283
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 001
196 206
96 079
67 699
After tax
35 499
17 294
117 421
145 801
Living cost
21 505
21 505
21 505
21 505
Free-cash
13 994
-4 211
95 916
124 296

Estimated living cost  is ₽21505 per week

₽15761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203469
₽194929
₽193449
₽162904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 896
7 896
7 896
7 896
Free-cash
193 449
194 929
162 904
203 469

Estimated living cost  is ₽7896 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
₽102367
₽131303
₽124825
₽100598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 004
health
-
-
-
6 418
other
-
-
-
6 927
income
-
-
-
37 228
total
-
-
-
85 577
Employee
34 824
-
176 501
-
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.

2 437
-
10 209
-
unemployment
348
-
1 458
-
income
5 995
-
36 639
-
health
488
-
2 042
-
total
9 268
-
50 348
-
Employer
34 824
-
176 501
-
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.

5 921
-
24 795
-
other
1 742
-
7 291
-
unemployment
348
-
1 458
-
accident
278
-
1 412
-
health
488
-
2 042
-
total
8 777
-
36 998
-
Corporate
169 899
213 500
-
-
income
35 679
44 834
-
-
total
35 679
44 834
-
-
Dividends
134 220
168 666
-
-
withholding
9 395
11 807
-
-
total
9 395
11 807
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 119
56 641
87 346
85 577
After tax
150 381
156 859
126 154
127 923
Living cost
25 556
25 556
25 556
25 556
Free-cash
124 825
131 303
100 598
102 367

Estimated living cost  is ₽25556 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74487
₽71165
₽78826
₽55418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 480
income
-
-
-
65 890
total
-
-
-
75 370
Employee
90 045
-
186 079
-
pensions
8 687
-
11 324
-
income
16 232
-
53 175
-
health
1 484
-
2 519
-
total
26 403
-
67 018
-
Employer
90 045
-
186 079
-
pensions
10 632
-
23 885
-
health
1 710
-
3 536
-
total
12 342
-
27 421
-
Corporate
111 113
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.

21 110
40 565
-
-
total
21 110
40 565
-
-
Dividends
90 003
172 935
-
-
withholding
11 176
38 127
-
-
total
11 176
38 127
-
-
Income
213 500
213 500
213 500
213 500
Total tax
71 031
78 692
94 439
75 370
After tax
142 469
134 808
119 061
138 130
Living cost
63 643
63 643
63 643
63 643
Free-cash
78 826
71 165
55 418
74 487

Estimated living cost  is ₽63643 per week

₽47689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽159974
₽169978
₽165529
₽168828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
32 025
total
-
-
-
40 962
Employee
16 637
-
206 933
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 461
-
2 939
-
income
1 663
-
20 693
-
health
765
-
1 540
-
total
4 072
-
25 540
-
Employer
16 637
-
206 933
-
pensions

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

1 834
-
3 689
-
unemployment
99
-
201
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
1 148
-
2 310
-
total
3 264
-
6 568
-
Corporate
193 598
213 500
-
-
income
19 360
21 350
-
-
total
19 360
21 350
-
-
Dividends
174 239
192 150
-
-
withholding
8 711
9 608
-
-
total
8 711
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
35 407
30 958
32 108
40 962
After tax
178 093
182 542
181 392
172 538
Living cost
12 564
12 564
12 564
12 564
Free-cash
165 529
169 978
168 828
159 974

Estimated living cost  is ₽12564 per week

₽7335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61586
₽53182
₽55596
₽83362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
75 666
total
-
-
-
98 730
Employee
88 922
81 904
195 676
-
pensions
11 237
11 237
11 237
-
income

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

13 406
13 406
36 065
-
health
11 094
10 693
11 827
-
total
35 737
35 336
59 129
-
Employer
88 922
81 904
195 676
-
pensions
6 188
5 701
7 086
-
unemployment
3 202
2 949
3 664
-
health
6 179
5 693
7 075
-
total
15 569
14 343
17 825
-
Corporate
109 009
117 253
-
-
income
21 801
23 450
-
-
total
21 801
23 450
-
-
Dividends
87 208
93 803
-
-
withholding
13 081
14 071
-
-
income
18 532
19 934
-
-
total
31 613
34 005
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 720
107 134
76 954
98 730
After tax
108 780
106 366
136 546
114 770
Living cost
53 184
53 184
53 184
53 184
Free-cash
55 596
53 182
83 362
61 586

Estimated living cost  is ₽53184 per week

₽39232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101642
₽123137
₽114625
₽92373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 823
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
2 294
income
-
-
-
22 552
total
-
-
-
88 000
Employee
35 085
-
168 906
-
social contributions
2 281
-
7 642
-
income
4 210
-
20 769
-
solidarity contribution
-
-
1 462
-
health
4 737
-
22 802
-
total
11 228
-
52 675
-
Employer
35 085
-
168 906
-
social contributions
8 771
-
29 393
-
health
3 158
-
15 201
-
total
11 929
-
44 594
-
Corporate
166 486
213 500
-
-
income
31 632
40 565
-
-
total
31 632
40 565
-
-
Dividends
134 853
172 935
-
-
withholding
20 228
25 940
-
-
total
20 228
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 017
66 505
97 269
88 000
After tax
138 483
146 995
116 231
125 500
Living cost
23 858
23 858
23 858
23 858
Free-cash
114 625
123 137
92 373
101 642

Estimated living cost  is ₽23858 per week

₽16572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62281
₽73441
₽68433
₽54150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 323
regional
-
-
-
2 689
social contributions
-
-
-
48 003
national
-
-
-
58 733
total
-
-
-
110 748
Employee
85 240
-
213 500
-
social contributions
28 743
-
62 934
-
municipal
451
-
1 205
-
regional
804
-
2 429
-
national
14 770
-
52 311
-
total
44 768
-
118 879
-
Employer
85 240
-
213 500
-
total
-
-
-
-
Corporate
128 260
213 500
-
-
nationa
30 782
51 239
-
-
municipal
5 002
8 327
-
-
total
35 784
59 566
-
-
Dividends
92 477
153 934
-
-
withholding
24 044
40 022
-
-
total
24 044
40 022
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 596
99 588
118 879
110 748
After tax
108 904
113 912
94 621
102 752
Living cost
40 471
40 471
40 471
40 471
Free-cash
68 433
73 441
54 150
62 281

Estimated living cost  is ₽40471 per week

₽28212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79278
₽113129
₽110141
₽73416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
11 252
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
66 898
total
-
-
-
113 058
Employee
31 717
-
186 555
-
surtax
104
-
10 105
-
pensions
2 115
-
8 538
-
other
-
-
-
-
unemployment
2 208
-
8 909
-
income
5 317
-
61 161
-
health
810
-
3 263
-
total
10 554
-
91 976
-
Employer
31 717
-
186 555
-
pensions
4 228
-
17 063
-
other
-
-
-
-
unemployment
1 005
-
4 057
-
health
1 443
-
5 824
-
total
6 676
-
26 944
-
Corporate
175 107
213 500
-
-
income
45 528
55 509
-
-
total
45 528
55 509
-
-
Dividends
129 579
157 991
-
-
withholding
19 437
23 698
-
-
total
19 437
23 698
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 195
79 207
118 920
113 058
After tax
131 305
134 293
94 580
100 442
Living cost
21 164
21 164
21 164
21 164
Free-cash
110 141
113 129
73 416
79 278

Estimated living cost  is ₽21164 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94651
₽91329
₽97614
₽75582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 480
income
-
-
-
65 890
total
-
-
-
75 370
Employee
60 346
-
186 079
-
pensions
5 122
-
11 324
-
income
10 869
-
53 175
-
health
876
-
2 519
-
total
16 867
-
67 018
-
Employer
60 346
-
186 079
-
pensions
6 532
-
23 885
-
health
1 146
-
3 536
-
total
7 678
-
27 421
-
Corporate
145 475
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.

27 641
40 565
-
-
total
27 641
40 565
-
-
Dividends
117 835
172 935
-
-
withholding
20 221
38 127
-
-
total
20 221
38 127
-
-
Income
213 500
213 500
213 500
213 500
Total tax
72 407
78 692
94 439
75 370
After tax
141 093
134 808
119 061
138 130
Living cost
43 479
43 479
43 479
43 479
Free-cash
97 614
91 329
75 582
94 651

Estimated living cost  is ₽43479 per week

₽32574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93320
₽20923
₽53744
₽85055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
11 692
city
-
-
-
2 250
pensions
-
-
-
19 642
health
-
-
-
481
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
national
-
-
-
5 141
total
-
-
-
43 475
Employee
89 765
-
191 884
-
regional
2 939
-
10 343
-
national
425
-
4 150
-
pensions
7 541
-
15 237
-
unemployment
-
-
-
-
city
963
-
2 073
-
health
203
-
431
-
total
12 071
-
32 234
-
Employer
89 765
-
191 884
-
pensions
7 541
-
15 237
-
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.

1 795
-
3 838
-
unemployment
-
-
-
-
health
203
-
431
-
total
9 539
-
19 506
-
Corporate
113 209
213 500
-
-
regional
23 944
45 156
-
-
national
9 622
18 148
-
-
total
33 566
63 304
-
-
Dividends
79 643
150 196
-
-
withholding
27 875
52 568
-
-
total
27 875
52 568
-
-
Income
213 500
213 500
213 500
213 500
Total tax
83 051
115 872
51 740
43 475
After tax
130 449
97 628
161 760
170 025
Living cost
76 705
76 705
76 705
76 705
Free-cash
53 744
20 923
85 055
93 320

Estimated living cost  is ₽76705 per week

₽49880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽942
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59205
₽61474
₽77029
₽88172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 967
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.

-
-
-
6 552
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.

-
-
-
3 902
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.

-
-
-
70 937
total
-
-
-
110 358
Employee

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

57 641
-
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.

373
-
3 902
-
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.

6 778
-
70 937
-
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.

6 552
-
6 552
-
total
13 703
-
81 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 859
213 500
-
-
trade
26 730
36 615
-
-
income
23 379
32 025
-
-
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.

1 285
1 762
-
-
total
51 760
70 848
-
-
Dividends
104 099
142 653
-
-
withholding
25 660
35 299
-
-
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.

1 411
1 942
-
-
total
27 071
37 241
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 534
108 089
81 391
110 358
After tax
120 966
105 411
132 109
103 142
Living cost
43 937
43 937
43 937
43 937
Free-cash
77 029
61 474
88 172
59 205

Estimated living cost  is ₽43937 per week

₽32090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84214
₽74791
₽80453
₽78101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 823
health
-
-
-
10 418
surtax
-
-
-
-
other
-
-
-
6 618
social contributions
-
-
-
6 083
income
-
-
-
39 530
total
-
-
-
96 472
Employee
41 049
-
162 949
-
social contributions
1 170
-
4 643
-
surtax
-
-
-
-
pensions
4 641
-
12 278
-
income
2 423
-
35 111
-
total
8 234
-
52 032
-
Employer
41 049
-
162 949
-
pensions
6 743
-
20 502
-
social contributions
124
-
490
-
other
1 416
-
6 761
-
unemployment
1 662
-
6 600
-
health
2 874
-
16 200
-
total
12 819
-
50 553
-
Corporate
159 632
213 500
-
-
income
44 698
59 779
-
-
surtax
-
-
-
-
total
44 698
59 779
-
-
Dividends
114 934
153 721
-
-
withholding
14 712
19 677
-
-
surtax
-
-
-
-
social contributions
19 770
26 439
-
-
total
34 482
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 233
105 895
102 585
96 472
After tax
113 267
107 605
110 915
117 028
Living cost
32 814
32 814
32 814
32 814
Free-cash
80 453
74 791
78 101
84 214

Estimated living cost  is ₽32814 per week

₽20691
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.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87465
₽78042
₽83370
₽81352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 823
health
-
-
-
10 418
surtax
-
-
-
-
other
-
-
-
6 618
social contributions
-
-
-
6 083
income
-
-
-
39 530
total
-
-
-
96 472
Employee
36 642
-
162 949
-
social contributions
1 045
-
4 643
-
surtax
-
-
-
-
pensions
4 144
-
12 278
-
income
1 889
-
35 111
-
total
7 078
-
52 032
-
Employer
36 642
-
162 949
-
pensions
6 021
-
20 502
-
social contributions
109
-
490
-
other
1 265
-
6 761
-
unemployment
1 483
-
6 600
-
health
2 565
-
16 200
-
total
11 443
-
50 553
-
Corporate
165 415
213 500
-
-
income
46 316
59 779
-
-
surtax
-
-
-
-
total
46 316
59 779
-
-
Dividends
119 099
153 721
-
-
withholding
15 245
19 677
-
-
surtax
-
-
-
-
social contributions
20 485
26 439
-
-
total
35 730
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 567
105 895
102 585
96 472
After tax
112 933
107 605
110 915
117 028
Living cost
29 563
29 563
29 563
29 563
Free-cash
83 370
78 042
81 352
87 465

Estimated living cost  is ₽29563 per week

₽17145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116770
₽109918
₽110414
₽111059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 903
social contributions
-
-
-
29 464
income
-
-
-
32 025
total
-
-
-
76 392
Employee
32 520
-
213 500
-
social contributions
4 488
-
29 464
-
income
5 424
-
37 736
-
health
2 270
-
14 903
-
total
12 182
-
82 103
-
Employer
32 520
-
213 500
-
total
-
-
-
-
Corporate
180 980
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%.

9 050
10 675
-
-
total
9 050
10 675
-
-
Dividends
171 931
202 825
-
-
withholding
25 789
30 423
-
-
social contributions
23 727
27 989
-
-
health
12 000
14 157
-
-
total
61 516
72 569
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 748
83 244
82 103
76 392
After tax
130 752
130 256
131 397
137 108
Living cost
20 338
20 338
20 338
20 338
Free-cash
110 414
109 918
111 059
116 770

Estimated living cost  is ₽20338 per week

₽13611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
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.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75615
₽83909
₽82426
₽22202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
189
unemployment
-
-
-
5 883
income
-
-
-
67 864
chamber of commerce
-
-
-
854
total
-
-
-
104 090
Employee
47 932
38 222
176 368
-
pensions
4 909
3 913
11 474
-
other
479
382
1 121
-
unemployment
1 438
1 147
3 362
-
income
5 457
2 819
56 898
-
health
1 855
1 480
4 335
-
total
14 138
9 741
77 190
-
Employer
47 932
38 222
176 368
-
payroll
1 438
1 147
5 291
-
chamber of commerce
191
153
706
-
pensions
6 015
4 798
14 062
-
surtax
189
189
189
-
other
2 277
1 815
7 830
-
unemployment
1 438
1 147
3 362
-
accident
622
497
1 456
-
health
1 811
1 445
4 235
-
total
13 981
11 191
37 131
-
Corporate
151 586
164 088
172 728
-
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.

37 896
41 021
43 182
-
total
37 896
41 021
43 182
-
Dividends
113 690
123 067
-
-
withholding
31 264
33 843
-
-
total
31 264
33 843
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 279
95 796
157 503
104 090
After tax
116 221
117 704
55 997
109 410
Living cost
33 795
33 795
33 795
33 795
Free-cash
82 426
83 909
22 202
75 615

Estimated living cost  is ₽33795 per week

₽22540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57877
₽82319
₽69957
₽37710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 912
communal

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

-
-
-
11 376
national
-
-
-
85 364
total
-
-
-
120 652
Employee

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

68 606
-
165 364
-
national
21 092
-
62 446
-
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.

5 145
-
12 402
-
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.

597
-
1 438
-
communal

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

3 578
-
8 625
-
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.

3 223
-
7 772
-
total
33 635
-
92 683
-
Employer

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

68 606
-
165 364
-
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.

6 079
-
14 652
-
surtax
7 779
-
18 751
-
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.

1 001
-
2 413
-
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.

892
-
2 151
-
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.

4 219
-
10 169
-
total
19 970
-
48 136
-
Corporate
124 924
213 500
-
-
income
24 984
45 533
-
-
surtax
501
910
-
-
total
25 485
46 443
-
-
Dividends
99 439
167 057
-
-
withholding

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

29 482
49 767
-
-
total
29 482
49 767
-
-
Income
213 500
213 500
213 500
213 500
Total tax
108 572
96 210
140 819
120 652
After tax
104 928
117 290
72 681
92 848
Living cost
34 971
34 971
34 971
34 971
Free-cash
69 957
82 319
37 710
57 877

Estimated living cost  is ₽34971 per week

₽22526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84679
₽107137
₽100568
₽80654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
67 514
total
-
-
-
94 183
Employee
47 742
-
185 159
-
pensions
2 244
-
4 179
-
other
47
-
89
-
unemployment
741
-
1 378
-
income
10 073
-
64 221
-
total
13 105
-
69 867
-
Employer
47 742
-
185 159
-
pensions
11 266
-
20 980
-
other
380
-
712
-
unemployment
2 626
-
4 889
-
accident
945
-
1 760
-
total
15 217
-
28 341
-
Corporate
150 540
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.

22 580
32 025
-
-
total
22 580
32 025
-
-
Dividends
127 960
181 475
-
-
withholding
27 392
39 700
-
-
total
27 392
39 700
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 294
71 725
98 208
94 183
After tax
135 206
141 775
115 292
119 317
Living cost
34 638
34 638
34 638
34 638
Free-cash
100 568
107 137
80 654
84 679

Estimated living cost  is ₽34638 per week

₽25507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48448
₽68973
₽55793
₽56958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
32 001
health
-
-
-
14 999
surtax
-
-
-
10 584
accident
-
-
-
1 800
communal
-
-
-
13 492
income
-
-
-
40 054
total
-
-
-
112 930
Employee
72 633
-
190 711
-
surtax
4 452
-
11 687
-
pensions
5 810
-
15 256
-
income
7 016
-
46 201
-
health
3 232
-
8 487
-
total
20 510
-
81 631
-
Employer
72 633
-
190 711
-
pensions
5 810
-
15 256
-
accident
653
-
1 716
-
health
2 215
-
5 817
-
total
8 678
-
22 789
-
Corporate
132 189
213 500
-
-
communal
8 922
14 412
-
-
income
19 828
32 025
-
-
surtax
1 389
2 242
-
-
total
30 139
48 679
-
-
Dividends
102 050
164 821
-
-
withholding
15 307
24 722
-
-
income
30 951
19 004
-
-
total
46 258
43 726
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 585
92 405
104 420
112 930
After tax
107 915
121 095
109 080
100 570
Living cost
52 122
52 122
52 122
52 122
Free-cash
55 793
68 973
56 958
48 448

Estimated living cost  is ₽52122 per week

₽39099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
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.
₽9312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78899
₽112750
₽109696
₽73037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
11 252
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
66 898
total
-
-
-
113 058
Employee
32 300
-
186 555
-
surtax
115
-
10 105
-
pensions
2 155
-
8 538
-
other
-
-
-
-
unemployment
2 248
-
8 909
-
income
5 415
-
61 161
-
health
825
-
3 263
-
total
10 758
-
91 976
-
Employer
32 300
-
186 555
-
pensions
4 306
-
17 063
-
other
-
-
-
-
unemployment
1 025
-
4 057
-
health
1 469
-
5 824
-
total
6 800
-
26 944
-
Corporate
174 401
213 500
-
-
income
45 344
55 509
-
-
total
45 344
55 509
-
-
Dividends
129 056
157 991
-
-
withholding
19 359
23 698
-
-
total
19 359
23 698
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 261
79 207
118 920
113 058
After tax
131 239
134 293
94 580
100 442
Living cost
21 543
21 543
21 543
21 543
Free-cash
109 696
112 750
73 037
78 899

Estimated living cost  is ₽21543 per week

₽13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76246
₽86385
₽84254
₽68157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 323
regional
-
-
-
3 359
social contributions
-
-
-
48 003
national
-
-
-
58 733
total
-
-
-
111 418
Employee
53 203
-
213 500
-
social contributions
17 941
-
62 934
-
municipal
282
-
1 205
-
regional
716
-
3 057
-
national
8 429
-
52 311
-
total
27 368
-
119 507
-
Employer
53 203
-
213 500
-
total
-
-
-
-
Corporate
160 297
213 500
-
-
nationa
38 471
51 239
-
-
municipal
7 967
10 611
-
-
total
46 438
61 850
-
-
Dividends
113 859
151 649
-
-
withholding
29 604
39 429
-
-
total
29 604
39 429
-
-
Income
213 500
213 500
213 500
213 500
Total tax
103 410
101 279
119 507
111 418
After tax
110 090
112 221
93 993
102 082
Living cost
25 836
25 836
25 836
25 836
Free-cash
84 254
86 385
68 157
76 246

Estimated living cost  is ₽25836 per week

₽16068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96101
₽117596
₽107107
₽86832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 823
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
2 294
income
-
-
-
22 552
total
-
-
-
88 000
Employee
43 234
-
168 906
-
social contributions
2 810
-
7 642
-
income
5 188
-
20 769
-
solidarity contribution
-
-
1 462
-
health
5 837
-
22 802
-
total
13 835
-
52 675
-
Employer
43 234
-
168 906
-
social contributions
10 809
-
29 393
-
health
3 891
-
15 201
-
total
14 700
-
44 594
-
Corporate
155 566
213 500
-
-
income
29 558
40 565
-
-
total
29 558
40 565
-
-
Dividends
126 008
172 935
-
-
withholding
18 901
25 940
-
-
total
18 901
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 994
66 505
97 269
88 000
After tax
136 506
146 995
116 231
125 500
Living cost
29 399
29 399
29 399
29 399
Free-cash
107 107
117 596
86 832
96 101

Estimated living cost  is ₽29399 per week

₽21863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79000
₽87206
₽86733
₽25447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
-
unemployment
-
-
-
5 883
income
-
-
-
67 864
chamber of commerce
-
-
-
854
total
-
-
-
103 901
Employee
41 926
38 222
176 545
-
pensions
4 294
3 913
11 474
-
other
419
382
1 121
-
unemployment
1 258
1 147
3 362
-
income
3 735
2 819
56 982
-
health
1 622
1 480
4 335
-
total
11 328
9 741
77 274
-
Employer
41 926
38 222
176 545
-
payroll
1 258
1 147
5 296
-
chamber of commerce
167
153
706
-
pensions
5 262
4 798
14 062
-
surtax
-
-
-
-
other
1 991
1 815
7 837
-
unemployment
1 258
1 147
3 362
-
accident
544
497
1 456
-
health
1 585
1 445
4 235
-
total
12 065
11 002
36 954
-
Corporate
159 509
164 277
172 905
-
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.

39 877
41 069
43 226
-
total
39 877
41 069
43 226
-
Dividends
119 632
123 209
-
-
withholding
32 898
33 883
-
-
total
32 898
33 883
-
-
Income
213 500
213 500
213 500
213 500
Total tax
96 168
95 695
157 454
103 901
After tax
117 332
117 805
56 046
109 599
Living cost
30 599
30 599
30 599
30 599
Free-cash
86 733
87 206
25 447
79 000

Estimated living cost  is ₽30599 per week

₽18356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199061
₽190521
₽188214
₽158496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 380
-
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%.

198 120
213 500
-
-
total
-
-
-
-
Dividends
198 120
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
12 304
12 304
12 304
12 304
Free-cash
188 214
190 521
158 496
199 061

Estimated living cost  is ₽12304 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
₽73635
₽121269
₽113246
₽68999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
38 990
health
-
-
-
21 008
unemployment
-
-
-
320
income
-
-
-
53 821
total
-
-
-
114 139
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.

42 412
-
184 737
-
pensions
6 574
-
28 634
-
unemployment
60
-
258
-
income
7 314
-
49 187
-
health
2 739
-
11 933
-
total
16 687
-
90 012
-
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.

42 412
-
184 737
-
pensions
3 753
-
16 350
-
unemployment
25
-
111
-
health
2 825
-
12 302
-
total
6 603
-
28 763
-
Corporate
164 484
213 500
-
-
income
31 253
40 565
-
-
total
31 253
40 565
-
-
Dividends
133 232
172 935
-
-
withholding
19 985
25 940
-
-
total
19 985
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
74 528
66 505
118 775
114 139
After tax
138 972
146 995
94 725
99 361
Living cost
25 726
25 726
25 726
25 726
Free-cash
113 246
121 269
68 999
73 635

Estimated living cost  is ₽25726 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105665
₽88012
₽41844
₽158850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 051
-
-
-
social contributions
4 924
-
702
-
income
13 246
-
-
-
total
18 170
-
702
-
Employer
60 051
-
-
-
social contributions
84 672
-
12 067
-
total
84 672
-
12 067
-
Corporate
68 777
213 500
-
-
income
15 131
46 970
-
-
total
15 131
46 970
-
-
Dividends
53 646
166 530
-
-
income
11 802
36 637
-
-
total
11 802
36 637
-
-
Income
213 500
213 500
213 500
213 500
Total tax
129 775
83 607
12 769
65 954
After tax
83 725
129 893
200 731
147 546
Living cost
41 881
41 881
41 881
41 881
Free-cash
41 844
88 012
158 850
105 665

Estimated living cost  is ₽41881 per week

₽27174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81397
₽91356
₽90389
₽64807
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
74 191
income
-
-
-
27 828
total
-
-
-
102 019
Employee
44 112
-
172 526
-
social contributions
4 852
-
18 978
-
surtax
-
-
198
-
income
9 175
-
58 459
-
total
14 027
-
77 635
-
Employer
44 112
-
172 526
-
social contributions
10 476
-
40 974
-
total
10 476
-
40 974
-
Corporate
158 912
213 500
-
-
income
33 372
44 834
-
-
surtax
-
-
-
-
total
33 372
44 834
-
-
Dividends
125 540
168 666
-
-
withholding
35 152
47 226
-
-
total
35 152
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 027
92 060
118 609
102 019
After tax
120 473
121 440
94 891
111 481
Living cost
30 084
30 084
30 084
30 084
Free-cash
90 389
91 356
64 807
81 397

Estimated living cost  is ₽30084 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽70704
₽61281
₽67876
₽64591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 823
health
-
-
-
10 418
surtax
-
-
-
-
other
-
-
-
6 618
social contributions
-
-
-
6 083
income
-
-
-
39 530
total
-
-
-
96 472
Employee
60 071
-
162 949
-
social contributions
1 711
-
4 643
-
surtax
-
-
-
-
pensions
6 794
-
12 278
-
income
5 241
-
35 111
-
total
13 746
-
52 032
-
Employer
60 071
-
162 949
-
pensions
9 870
-
20 502
-
social contributions
180
-
490
-
other
2 073
-
6 761
-
unemployment
2 433
-
6 600
-
health
4 204
-
16 200
-
total
18 760
-
50 553
-
Corporate
134 667
213 500
-
-
income
37 707
59 779
-
-
surtax
-
-
-
-
total
37 707
59 779
-
-
Dividends
96 960
153 721
-
-
withholding
12 411
19 677
-
-
surtax
-
-
-
-
social contributions
16 676
26 439
-
-
total
29 087
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
99 300
105 895
102 585
96 472
After tax
114 200
107 605
110 915
117 028
Living cost
46 324
46 324
46 324
46 324
Free-cash
67 876
61 281
64 591
70 704

Estimated living cost  is ₽46324 per week

₽31351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126870
₽163319
₽160097
₽132542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 969
income
-
-
-
10 830
total
-
-
-
57 799
Employee
30 834
-
184 848
-
social contributions
2 004
-
12 016
-
income
-
-
11 459
-
total
2 004
-
23 475
-
Employer
30 834
-
184 848
-
social contributions
4 780
-
28 652
-
total
4 780
-
28 652
-
Corporate
177 886
213 500
-
-
income
17 788
21 350
-
-
total
17 788
21 350
-
-
Dividends
160 098
192 150
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
24 572
21 350
52 127
57 799
After tax
188 928
192 150
161 373
155 701
Living cost
28 831
28 831
28 831
28 831
Free-cash
160 097
163 319
132 542
126 870

Estimated living cost  is ₽28831 per week

₽18641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77191
₽4750
₽2705
₽4750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
45 801
pensions
-
-
-
830
labour market
-
-
-
17 014
national
-
-
-
26 521
total
-
-
-
90 166
Employee
194 757
194 757
194 757
-
municipal
41 472
41 472
41 472
-
national
23 793
23 793
23 793
-
pensions
277
277
277
-
labour market
15 558
15 558
15 558
-
total
81 100
81 100
81 100
-
Employer
194 757
194 757
194 757
-
labour market
15 581
15 581
15 581
-
pensions
554
554
554
-
municipal
41 538
41 538
41 538
-
national
23 834
23 834
23 834
-
total
81 507
81 507
81 507
-
Corporate
4 750
-
-
-
income
1 045
-
-
-
total
1 045
-
-
-
Dividends
3 705
-
-
-
withholding
1 000
-
-
-
total
1 000
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
164 652
162 607
162 607
90 166
After tax
48 848
50 893
50 893
123 334
Living cost
46 143
46 143
46 143
46 143
Free-cash
2 705
4 750
4 750
77 191

Estimated living cost  is ₽46143 per week

₽31580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124613
-₽3894
₽14043
₽96233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
60 891
total
-
-
-
67 699
Employee
33 330
-
194 709
-
pensions
3 753
-
7 458
-
income
4 572
-
47 536
-
health
3 817
-
22 294
-
total
12 142
-
77 288
-
Employer
33 330
-
194 709
-
pensions
5 419
-
10 769
-
unemployment
817
-
4 770
-
accident
557
-
3 252
-
total
6 793
-
18 791
-
Corporate
173 377
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.

156 040
192 150
-
-
total
156 040
192 150
-
-
Dividends
17 338
21 350
-
-
withholding
3 294
4 056
-
-
total
3 294
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 269
196 206
96 079
67 699
After tax
35 231
17 294
117 421
145 801
Living cost
21 188
21 188
21 188
21 188
Free-cash
14 043
-3 894
96 233
124 613

Estimated living cost  is ₽21188 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94408
₽94192
₽97157
₽69953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
37 911
health
-
-
-
2 887
national
-
-
-
41 471
total
-
-
-
82 269
Employee
50 461
-
179 608
-
municipal
8 265
-
29 236
-
national
834
-
26 412
-
pensions
3 405
-
12 124
-
unemployment
757
-
2 694
-
health
377
-
2 366
-
total
13 638
-
72 832
-
Employer
50 461
-
179 608
-
pensions
8 755
-
31 162
-
unemployment
328
-
1 167
-
accident
51
-
180
-
health
388
-
1 383
-
total
9 522
-
33 892
-
Corporate
153 518
213 500
-
-
income
30 703
42 700
-
-
total
30 703
42 700
-
-
Dividends

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

92 111
128 100
-
-
municipal
16 579
23 059
-
-
national
9 078
16 726
-
-
total
25 657
39 785
-
-
Income
213 500
213 500
213 500
213 500
Total tax
79 520
82 485
106 724
82 269
After tax
133 980
131 015
106 776
131 231
Living cost
36 823
36 823
36 823
36 823
Free-cash
97 157
94 192
69 953
94 408

Estimated living cost  is ₽36823 per week

₽24053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121490
₽133401
₽128181
₽119733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 444
social contributions
-
-
-
15 518
income
-
-
-
48 842
total
-
-
-
69 804
Employee
73 751
73 751
201 516
-
social contributions
2 788
6 121
8 256
-
income
8 030
6 827
47 896
-
health
572
1 254
3 425
-
total
11 390
14 202
59 577
-
Employer
73 751
73 751
201 516
-
social contributions
2 788
6 121
8 256
-
health
621
1 365
3 728
-
total
3 409
7 486
11 984
-
Corporate
176 495
132 263
-
-
income
22 061
16 532
-
-
total
22 061
16 532
-
-
Dividends
154 433
115 731
-
-
withholding
26 253
19 673
-
-
total
26 253
19 673
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 113
57 893
71 561
69 804
After tax
150 387
155 607
141 939
143 696
Living cost
22 206
22 206
22 206
22 206
Free-cash
128 181
133 401
119 733
121 490

Estimated living cost  is ₽22206 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166582
₽161571
₽156695
₽147346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 101
health
-
-
-
3 471
unemployment
-
-
-
27
income
-
-
-
22 091
total
-
-
-
31 690
Employee

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

22 015
-
204 126
-
pensions
3 302
-
13 651
-
unemployment
109
-
455
-
income
1 505
-
19 712
-
health
1 871
-
7 735
-
total
6 787
-
41 553
-
Employer

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

22 015
-
204 126
-
pensions
1 210
-
5 005
-
unemployment
109
-
455
-
health
946
-
3 913
-
total
2 265
-
9 373
-
Corporate
189 219
213 500
-
-
income
17 029
19 215
-
-
total
17 029
19 215
-
-
Dividends
172 190
194 285
-
-
withholding
15 496
17 486
-
-
total
15 496
17 486
-
-
Income
213 500
213 500
213 500
213 500
Total tax
41 577
36 701
50 926
31 690
After tax
171 923
176 799
162 574
181 810
Living cost
15 228
15 228
15 228
15 228
Free-cash
156 695
161 571
147 346
166 582

Estimated living cost  is ₽15228 per week

₽9716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92942
₽115400
₽111161
₽88917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
67 514
total
-
-
-
94 183
Employee
35 464
-
185 159
-
pensions
1 667
-
4 179
-
other
35
-
89
-
unemployment
550
-
1 378
-
income
6 837
-
64 221
-
total
9 089
-
69 867
-
Employer
35 464
-
185 159
-
pensions
8 369
-
20 980
-
other
284
-
712
-
unemployment
1 951
-
4 889
-
accident
703
-
1 760
-
total
11 307
-
28 341
-
Corporate
166 729
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.

25 010
32 025
-
-
total
25 010
32 025
-
-
Dividends
141 719
181 475
-
-
withholding
30 558
39 700
-
-
total
30 558
39 700
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 964
71 725
98 208
94 183
After tax
137 536
141 775
115 292
119 317
Living cost
26 375
26 375
26 375
26 375
Free-cash
111 161
115 400
88 917
92 942

Estimated living cost  is ₽26375 per week

₽17802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽135803
₽131351
₽131042
₽135668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 366
health
-
-
-
990
income
-
-
-
73 468
total
-
-
-
75 824
Employee
2 853
-
211 963
-
pensions
257
-
615
-
unemployment
29
-
68
-
income
552
-
73 397
-
health
143
-
342
-
total
981
-
74 422
-
Employer
2 853
-
211 963
-
pensions
314
-
751
-
unemployment
57
-
137
-
health
271
-
649
-
total
642
-
1 537
-
Corporate
210 006
213 500
-
-
income
46 201
46 970
-
-
total
46 201
46 970
-
-
Dividends
163 804
166 530
-
-
withholding
32 761
33 306
-
-
total
32 761
33 306
-
-
Income
213 500
213 500
213 500
213 500
Total tax
80 585
80 276
75 959
75 824
After tax
132 915
133 224
137 541
137 676
Living cost
1 873
1 873
1 873
1 873
Free-cash
131 042
131 351
135 668
135 803

Estimated living cost  is ₽1873 per week

₽1113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120765
₽137673
₽132955
₽120766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 423
health
-
-
-
7 298
unemployment
-
-
-
1 063
income
-
-
-
49 370
total
-
-
-
76 154
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.

25 003
-
200 817
-
pensions
3 500
-
9 920
-
unemployment
188
-
531
-
income
3 446
-
49 370
-
health
1 288
-
3 649
-
total
8 422
-
63 470
-
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.

25 003
-
200 817
-
pensions
3 000
-
8 503
-
unemployment
188
-
531
-
health
1 288
-
3 649
-
total
4 476
-
12 683
-
Corporate
184 022
213 500
-
-
income
27 603
32 025
-
-
total
27 603
32 025
-
-
Dividends
156 418
181 475
-
-
withholding
23 463
27 221
-
-
total
23 463
27 221
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 964
59 246
76 153
76 154
After tax
149 536
154 254
137 347
137 346
Living cost
16 581
16 581
16 581
16 581
Free-cash
132 955
137 673
120 766
120 765

Estimated living cost  is ₽16581 per week

₽11164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85624
₽95583
₽95236
₽69034
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
74 191
income
-
-
-
27 828
total
-
-
-
102 019
Employee
37 225
-
172 526
-
social contributions
4 095
-
18 978
-
surtax
-
-
198
-
income
7 274
-
58 459
-
total
11 369
-
77 635
-
Employer
37 225
-
172 526
-
social contributions
8 840
-
40 974
-
total
8 840
-
40 974
-
Corporate
167 434
213 500
-
-
income
35 161
44 834
-
-
surtax
-
-
-
-
total
35 161
44 834
-
-
Dividends
132 274
168 666
-
-
withholding
37 037
47 226
-
-
total
37 037
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 407
92 060
118 609
102 019
After tax
121 093
121 440
94 891
111 481
Living cost
25 857
25 857
25 857
25 857
Free-cash
95 236
95 583
69 034
85 624

Estimated living cost  is ₽25857 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
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.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85610
₽108067
₽101789
₽81584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
67 514
total
-
-
-
94 183
Employee
46 321
-
185 159
-
pensions
2 177
-
4 179
-
other
46
-
89
-
unemployment
717
-
1 378
-
income
9 675
-
64 221
-
total
12 615
-
69 867
-
Employer
46 321
-
185 159
-
pensions
10 932
-
20 980
-
other
371
-
712
-
unemployment
2 548
-
4 889
-
accident
917
-
1 760
-
total
14 768
-
28 341
-
Corporate
152 411
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.

22 862
32 025
-
-
total
22 862
32 025
-
-
Dividends
129 549
181 475
-
-
withholding
27 758
39 700
-
-
total
27 758
39 700
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 003
71 725
98 208
94 183
After tax
135 497
141 775
115 292
119 317
Living cost
33 708
33 708
33 708
33 708
Free-cash
101 789
108 067
81 584
85 610

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156053
₽166057
₽160218
₽164907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
32 025
total
-
-
-
40 962
Employee
21 829
-
206 933
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
20 693
-
health
1 004
-
1 540
-
total
5 343
-
25 540
-
Employer
21 829
-
206 933
-
pensions

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

2 405
-
3 689
-
unemployment
131
-
201
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 506
-
2 310
-
total
4 282
-
6 568
-
Corporate
187 389
213 500
-
-
income
18 739
21 350
-
-
total
18 739
21 350
-
-
Dividends
168 650
192 150
-
-
withholding
8 433
9 608
-
-
total
8 433
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
36 797
30 958
32 108
40 962
After tax
176 703
182 542
181 392
172 538
Living cost
16 485
16 485
16 485
16 485
Free-cash
160 218
166 057
164 907
156 053

Estimated living cost  is ₽16485 per week

₽10903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70842
₽72773
₽85322
₽95080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
24 238
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.

-
-
-
6 552
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.

-
-
-
3 902
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.

-
-
-
70 937
total
-
-
-
105 629
Employee

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

47 722
-
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.

217
-
3 902
-
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.

3 924
-
70 937
-
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.

6 552
-
6 552
-
total
10 693
-
81 391
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 778
213 500
-
-
trade
23 789
30 638
-
-
income
24 866
32 025
-
-
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.

1 367
1 762
-
-
total
50 412
64 884
-
-
Dividends
115 367
148 617
-
-
withholding
28 477
36 790
-
-
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.

1 567
2 024
-
-
total
30 044
38 814
-
-
Income
213 500
213 500
213 500
213 500
Total tax
91 149
103 698
81 391
105 629
After tax
122 351
109 802
132 109
107 871
Living cost
37 029
37 029
37 029
37 029
Free-cash
85 322
72 773
95 080
70 842

Estimated living cost  is ₽37029 per week

₽25543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52666
₽94814
₽96933
₽52666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 651
income
-
-
-
69 548
total
-
-
-
106 199
Employee
75 024
-
213 500
-
social contributions
6 233
-
36 651
-
income
14 157
-
69 548
-
total
20 390
-
106 199
-
Employer
75 024
-
213 500
-
total
-
-
-
-
Corporate
138 476
213 500
-
-
income
17 309
26 688
-
-
total
17 309
26 688
-
-
Dividends
121 167
186 812
-
-
withholding
24 233
37 363
-
-
total
24 233
37 363
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 932
64 051
106 199
106 199
After tax
151 568
149 449
107 301
107 301
Living cost
54 635
54 635
54 635
54 635
Free-cash
96 933
94 814
52 666
52 666

Estimated living cost  is ₽54635 per week

₽41566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140755
₽98893
₽102244
₽114267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 904
income
-
-
-
32 025
total
-
-
-
37 929
Employee
43 998
-
209 088
-
social contributions
4 408
-
4 412
-
income
4 774
-
55 593
-
total
9 182
-
60 005
-
Employer
43 998
-
209 088
-
social contributions
4 408
-
4 412
-
total
4 408
-
4 412
-
Corporate
165 093
213 500
-
-
income
57 783
74 724
-
-
total
57 783
74 724
-
-
Dividends
107 311
138 776
-
-
social contributions
5 067
5 067
-
-
total
5 067
5 067
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 440
79 791
64 417
37 929
After tax
137 060
133 709
149 083
175 571
Living cost
34 816
34 816
34 816
34 816
Free-cash
102 244
98 893
114 267
140 755

Estimated living cost  is ₽34816 per week

₽22933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102783
₽99461
₽105096
₽83714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 480
income
-
-
-
65 890
total
-
-
-
75 370
Employee
48 519
-
186 079
-
pensions
3 703
-
11 324
-
income
8 836
-
53 175
-
health
633
-
2 519
-
total
13 172
-
67 018
-
Employer
48 519
-
186 079
-
pensions
4 902
-
23 885
-
health
922
-
3 536
-
total
5 824
-
27 421
-
Corporate
159 157
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.

30 240
40 565
-
-
total
30 240
40 565
-
-
Dividends
128 918
172 935
-
-
withholding
23 821
38 127
-
-
total
23 821
38 127
-
-
Income
213 500
213 500
213 500
213 500
Total tax
73 057
78 692
94 439
75 370
After tax
140 443
134 808
119 061
138 130
Living cost
35 347
35 347
35 347
35 347
Free-cash
105 096
99 461
83 714
102 783

Estimated living cost  is ₽35347 per week

₽24248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽122515
-₽5992
₽13721
₽94135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
60 891
total
-
-
-
67 699
Employee
36 629
-
194 709
-
pensions
4 124
-
7 458
-
income
5 025
-
47 536
-
health
4 194
-
22 294
-
total
13 343
-
77 288
-
Employer
36 629
-
194 709
-
pensions
5 956
-
10 769
-
unemployment
897
-
4 770
-
accident
612
-
3 252
-
total
7 465
-
18 791
-
Corporate
169 406
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.

152 466
192 150
-
-
total
152 466
192 150
-
-
Dividends
16 941
21 350
-
-
withholding
3 219
4 056
-
-
total
3 219
4 056
-
-
Income
213 500
213 500
213 500
213 500
Total tax
176 493
196 206
96 079
67 699
After tax
37 007
17 294
117 421
145 801
Living cost
23 286
23 286
23 286
23 286
Free-cash
13 721
-5 992
94 135
122 515

Estimated living cost  is ₽23286 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122551
₽150387
₽147489
₽143616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
28 190
health insurance
-
-
-
11 337
work injury
-
-
-
766
unemployment
-
-
-
1 838
income
-
-
-
35 878
total
-
-
-
78 009
Employee

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

20 704
-
213 500
-
pensions
3 810
-
14 095
-
health insurance
1 532
-
5 669
-
unemployment
248
-
919
-
income
2 070
-
35 878
-
work injury
104
-
383
-
total
7 764
-
56 944
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 796
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%.

19 280
21 350
-
-
total
19 280
21 350
-
-
Dividends
173 516
192 150
-
-
withholding
26 027
28 823
-
-
total
26 027
28 823
-
-
Income
213 500
213 500
213 500
213 500
Total tax
53 071
50 173
56 944
78 009
After tax
160 429
163 327
156 556
135 491
Living cost
12 940
12 940
12 940
12 940
Free-cash
147 489
150 387
143 616
122 551

Estimated living cost  is ₽12940 per week

₽8017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61876
₽74248
₽69885
₽53997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 489
regional
-
-
-
5 190
social contributions
-
-
-
48 003
national
-
-
-
58 733
total
-
-
-
113 415
Employee
80 821
-
213 500
-
social contributions
27 252
-
62 934
-
municipal
482
-
1 356
-
regional
1 220
-
4 693
-
national
13 658
-
52 311
-
total
42 612
-
121 294
-
Employer
80 821
-
213 500
-
total
-
-
-
-
Corporate
132 679
213 500
-
-
nationa
31 843
51 239
-
-
municipal
6 396
10 291
-
-
total
38 239
61 530
-
-
Dividends
94 441
151 970
-
-
withholding
24 555
39 513
-
-
total
24 555
39 513
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 406
101 043
121 294
113 415
After tax
108 094
112 457
92 206
100 085
Living cost
38 209
38 209
38 209
38 209
Free-cash
69 885
74 248
53 997
61 876

Estimated living cost  is ₽38209 per week

₽26839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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