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
₽77159
₽102290
₽76028
₽88282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 024
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.

-
-
-
3 852
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.

-
-
-
6 871
trade
-
-
-
26 262
total
-
-
-
107 009
Employee

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

38 468
-
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.

59
-
3 852
-
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.

1 075
-
70 024
-
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.

6 871
-
6 871
-
total
8 005
-
80 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 032
213 500
-
-
income
26 255
32 024
-
-
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.

1 445
1 762
-
-
chamber of commerce
405
460
-
-
trade
27 568
33 626
-
-
total
55 673
67 872
-
-
Dividends
119 360
145 628
-
-
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.

1 620
1 981
-
-
withholding
29 457
36 025
-
-
total
31 077
38 006
-
-
Income
213 500
213 500
213 500
213 500
Total tax
94 755
105 878
80 747
107 009
After tax
118 745
107 622
132 753
106 491
Living cost
30 463
30 463
30 463
30 463
Free-cash
88 282
77 159
102 290
76 028

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79813
₽71062
₽69917
₽78924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
2 295
municipal
-
-
-
23 586
national
-
-
-
38 671
pensions
-
-
-
25 620
total
-
-
-
90 172
Employee
82 797
-
184 569
-
municipal
10 227
-
24 413
-
pensions
3 312
-
7 383
-
national
15 847
-
40 481
-
total
29 386
-
72 277
-
Employer
82 797
-
184 569
-
pensions
6 624
-
14 766
-
social contributions
890
-
1 984
-
total
7 514
-
16 750
-
Corporate
117 725
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%.

23 545
42 700
-
-
total
23 545
42 700
-
-
Dividends
94 180
170 800
-
-
withholding
20 720
37 576
-
-
total
20 720
37 576
-
-
Income
213 500
213 500
213 500
213 500
Total tax
81 165
80 276
89 027
90 172
After tax
132 335
133 224
124 473
123 328
Living cost
53 411
53 411
53 411
53 411
Free-cash
78 924
79 813
71 062
69 917

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149877
₽71229
₽55872
₽141627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 726
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
136 704
Employee
29 388
-
166 329
-
surtax
-
-
24 117
-
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.

3 233
-
13 185
-
income
5 231
-
36 874
-
total
8 464
-
74 176
-
Employer
29 388
-
166 329
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
18 296
-
total
7 079
-
47 171
-
Corporate
177 033
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%.

35 406
42 699
-
-
total
35 406
42 699
-
-
Dividends

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

141 626
170 801
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
50 949
42 699
121 347
136 704
After tax
162 551
170 801
92 153
76 796
Living cost
20 924
20 924
20 924
20 924
Free-cash
141 627
149 877
71 229
55 872

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64113
₽94435
₽73209
₽57949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
73 973
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
98 159
Employee
85 887
85 887
194 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
34 056
-
health
13 183
11 213
12 402
-
total
42 701
37 055
58 242
-
Employer
85 887
85 887
194 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
113 627
112 573
-
-
income
22 726
22 514
-
-
total
22 726
22 514
-
-
Dividends
90 901
90 060
-
-
income
19 317
19 137
-
-
withholding
13 635
13 509
-
-
total
32 952
32 646
-
-
Income
213 500
213 500
213 500
213 500
Total tax
113 419
107 255
76 933
98 159
After tax
100 081
106 245
136 567
115 341
Living cost
42 132
42 132
42 132
42 132
Free-cash
57 949
64 113
94 435
73 209

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75365
₽65477
₽66476
₽74440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
55 864
national
-
-
-
23 792
pensions
-
-
-
9 762
total
-
-
-
105 818
Employee
58 715
-
185 125
-
municipal
17 509
-
55 204
-
national
-
-
23 238
-
total
17 509
-
78 442
-
Employer
58 715
-
185 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
136 337
213 500
-
-
income
29 994
46 970
-
-
total
29 994
46 970
-
-
Dividends
106 343
166 530
-
-
withholding
31 903
49 959
-
-
total
31 903
49 959
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 854
96 929
106 817
105 818
After tax
115 646
116 571
106 683
107 682
Living cost
41 206
41 206
41 206
41 206
Free-cash
74 440
75 365
65 477
66 476

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67015
₽93243
₽65815
₽81146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 024
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.

-
-
-
3 852
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.

-
-
-
6 871
trade
-
-
-
27 428
total
-
-
-
108 175
Employee

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

51 004
-
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.

240
-
3 852
-
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.

4 382
-
70 024
-
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.

6 871
-
6 871
-
total
11 493
-
80 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 496
213 500
-
-
income
24 375
32 024
-
-
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.

1 340
1 762
-
-
chamber of commerce
384
456
-
-
trade
26 730
35 120
-
-
total
52 829
69 362
-
-
Dividends
109 668
144 138
-
-
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.

1 487
1 960
-
-
withholding
27 035
35 653
-
-
total
28 522
37 613
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 844
106 975
80 747
108 175
After tax
120 656
106 525
132 753
105 325
Living cost
39 510
39 510
39 510
39 510
Free-cash
81 146
67 015
93 243
65 815

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123010
₽109708
₽111486
₽118841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
47 677
social contributions
-
-
-
16 273
health
-
-
-
5 443
total
-
-
-
69 393
Employee
77 337
77 337
201 123
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
46 719
-
health
769
1 315
3 418
-
total
12 648
14 893
58 794
-
Employer
77 337
77 337
201 123
-
health
838
1 431
3 720
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 377
-
Corporate
163 634
128 313
-
-
income
20 454
16 040
-
-
total
20 454
16 040
-
-
Dividends
143 180
112 273
-
-
withholding
24 340
19 086
-
-
total
24 340
19 086
-
-
Income
213 500
213 500
213 500
213 500
Total tax
62 038
57 869
71 171
69 393
After tax
151 462
155 631
142 329
144 107
Living cost
32 621
32 621
32 621
32 621
Free-cash
118 841
123 010
109 708
111 486

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101406
₽105313
₽129447
₽101789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
178 661
-
unemployment
400
159
2 680
-
pensions
2 664
1 060
17 866
-
income
3 257
1 296
21 841
-
health
1 865
742
12 506
-
total
8 186
3 257
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.

26 641
10 603
178 661
-
pensions
5 195
2 068
34 839
-
total
5 195
2 068
34 839
-
Corporate
181 664
200 830
-
-
income
16 350
18 075
-
-
total
16 350
18 075
-
-
Dividends
165 315
182 755
-
-
social contributions
32 115
35 516
-
-
withholding
31 410
34 723
-
-
total
63 525
70 239
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 256
93 639
89 732
65 598
After tax
120 244
119 861
123 768
147 902
Living cost
18 455
18 455
18 455
18 455
Free-cash
101 789
101 406
105 313
129 447

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽146509
₽98764
₽90144
₽140260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
28 610
health
-
-
-
27 755
pensions
-
-
-
42 699
total
-
-
-
99 064
Employee
28 531
-
159 565
-
unemployment
456
-
2 554
-
pensions
571
-
3 191
-
income
3 212
-
30 765
-
total
4 239
-
36 510
-
Employer
28 531
-
159 565
-
health
3 708
-
20 743
-
pensions
5 707
-
31 914
-
unemployment
229
-
1 277
-
total
9 644
-
53 934
-
Corporate
175 324
213 500
-
-
income
35 065
42 699
-
-
total
35 065
42 699
-
-
Dividends
140 260
170 801
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
48 948
42 699
90 444
99 064
After tax
164 552
170 801
123 056
114 436
Living cost
24 292
24 292
24 292
24 292
Free-cash
140 260
146 509
98 764
90 144

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5107
₽94770
₽123427
₽13857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
60 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 673
Employee
35 237
-
194 278
-
pensions
3 968
-
7 768
-
income
4 834
-
47 096
-
health
4 035
-
22 244
-
total
12 837
-
77 108
-
Employer
35 237
-
194 278
-
pensions
5 730
-
11 218
-
accident
588
-
3 244
-
unemployment
863
-
4 760
-
total
7 181
-
19 222
-
Corporate
171 082
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.

153 974
192 150
-
-
total
153 974
192 150
-
-
Dividends
17 108
21 350
-
-
withholding
3 251
4 057
-
-
total
3 251
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
177 243
196 207
96 330
67 673
After tax
36 257
17 293
117 170
145 827
Living cost
22 400
22 400
22 400
22 400
Free-cash
13 857
-5 107
94 770
123 427

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194685
₽162660
₽203225
₽193159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
213 500
-
income
2 035
-
42 700
-
total
2 035
-
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%.

203 326
213 500
-
-
total
-
-
-
-
Dividends
203 326
213 500
-
-
withholding
10 166
10 675
-
-
total
10 166
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
12 201
10 675
42 700
2 135
After tax
201 299
202 825
170 800
211 365
Living cost
8 140
8 140
8 140
8 140
Free-cash
193 159
194 685
162 660
203 225

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130059
₽97763
₽99556
₽123265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
36 445
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
87 145
Employee
36 518
-
174 784
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
35 847
-
health
512
-
2 141
-
total
9 720
-
50 222
-
Employer
36 518
-
174 784
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 399
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 716
-
Corporate
167 779
213 500
-
-
income
35 233
44 835
-
-
total
35 233
44 835
-
-
Dividends
132 546
168 665
-
-
withholding
9 278
11 807
-
-
total
9 278
11 807
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 436
56 642
88 938
87 145
After tax
150 064
156 858
124 562
126 355
Living cost
26 799
26 799
26 799
26 799
Free-cash
123 265
130 059
97 763
99 556

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽68861
₽52791
₽71907
₽76910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
64 991
pensions
-
-
-
9 743
total
-
-
-
74 734
Employee
94 595
-
186 158
-
pensions
9 126
-
11 709
-
income
17 052
-
52 245
-
health
1 559
-
2 554
-
total
27 737
-
66 508
-
Employer
94 595
-
186 158
-
health
1 797
-
3 538
-
pensions
11 169
-
23 804
-
total
12 966
-
27 342
-
Corporate
105 939
213 500
-
-
income

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

20 128
40 566
-
-
total
20 128
40 566
-
-
Dividends
85 811
172 934
-
-
withholding
8 900
37 214
-
-
total
8 900
37 214
-
-
Income
213 500
213 500
213 500
213 500
Total tax
69 731
77 780
93 850
74 734
After tax
143 769
135 720
119 650
138 766
Living cost
66 859
66 859
66 859
66 859
Free-cash
76 910
68 861
52 791
71 907

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽169337
₽167639
₽158877
₽164657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
32 025
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 418
Employee
17 485
-
206 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
20 660
-
health
804
-
1 618
-
total
4 280
-
25 754
-
Employer
17 485
-
206 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
192 584
213 500
-
-
income
19 259
21 350
-
-
total
19 259
21 350
-
-
Dividends
173 326
192 150
-
-
withholding
8 667
9 608
-
-
total
8 667
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
35 638
30 958
32 656
41 418
After tax
177 862
182 542
180 844
172 082
Living cost
13 205
13 205
13 205
13 205
Free-cash
164 657
169 337
167 639
158 877

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50475
₽80797
₽59571
₽53003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
73 973
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
98 159
Employee
93 245
85 887
194 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
34 056
-
health
11 633
11 213
12 402
-
total
37 475
37 055
58 242
-
Employer
93 245
85 887
194 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
103 928
112 573
-
-
income
20 787
22 514
-
-
total
20 787
22 514
-
-
Dividends
83 142
90 060
-
-
income
17 668
19 137
-
-
withholding
12 471
13 509
-
-
total
30 139
32 646
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 727
107 255
76 933
98 159
After tax
108 773
106 245
136 567
115 341
Living cost
55 770
55 770
55 770
55 770
Free-cash
53 003
50 475
80 797
59 571

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122002
₽90479
₽99624
₽113085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
22 307
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 789
health
-
-
-
28 823
total
-
-
-
88 883
Employee
36 754
-
167 623
-
solidarity contribution
-
-
968
-
social contributions
2 389
-
8 006
-
income
4 411
-
20 548
-
health
4 962
-
22 629
-
total
11 762
-
52 151
-
Employer
36 754
-
167 623
-
health
3 308
-
15 086
-
social contributions
9 189
-
30 791
-
total
12 497
-
45 877
-
Corporate
164 249
213 500
-
-
income
31 207
40 565
-
-
total
31 207
40 565
-
-
Dividends
133 042
172 935
-
-
withholding
19 956
25 940
-
-
total
19 956
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 422
66 505
98 028
88 883
After tax
138 078
146 995
115 472
124 617
Living cost
24 993
24 993
24 993
24 993
Free-cash
113 085
122 002
90 479
99 624

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71471
₽51128
₽59657
₽66221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
2 638
municipal
-
-
-
1 305
national
-
-
-
57 124
total
-
-
-
111 404
Employee
89 385
-
213 500
-
municipal
473
-
1 180
-
national
15 488
-
50 393
-
regional
843
-
2 367
-
social contributions
30 141
-
65 993
-
total
46 945
-
119 933
-
Employer
89 385
-
213 500
-
total
-
-
-
-
Corporate
124 115
213 500
-
-
municipal
4 840
8 327
-
-
nationa
29 787
51 240
-
-
total
34 627
59 567
-
-
Dividends
89 488
153 933
-
-
withholding
23 268
40 023
-
-
total
23 268
40 023
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 840
99 590
119 933
111 404
After tax
108 660
113 910
93 567
102 096
Living cost
42 439
42 439
42 439
42 439
Free-cash
66 221
71 471
51 128
59 657

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112098
₽72209
₽78356
₽108967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 480
other
-
-
-
-
surtax
-
-
-
10 866
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
112 951
Employee
33 259
-
185 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
9 661
-
income
5 575
-
59 464
-
health
849
-
3 422
-
total
11 066
-
90 843
-
Employer
33 259
-
185 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
173 240
213 500
-
-
income
45 043
55 510
-
-
total
45 043
55 510
-
-
Dividends
128 197
157 990
-
-
withholding
19 229
23 699
-
-
total
19 229
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 340
79 209
119 098
112 951
After tax
131 160
134 291
94 402
100 549
Living cost
22 193
22 193
22 193
22 193
Free-cash
108 967
112 098
72 209
78 356

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90044
₽73974
₽93090
₽96647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
64 991
pensions
-
-
-
9 743
total
-
-
-
74 734
Employee
63 395
-
186 158
-
pensions
5 381
-
11 709
-
income
11 418
-
52 245
-
health
920
-
2 554
-
total
17 719
-
66 508
-
Employer
63 395
-
186 158
-
health
1 204
-
3 538
-
pensions
6 863
-
23 804
-
total
8 067
-
27 342
-
Corporate
142 038
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.

26 988
40 566
-
-
total
26 988
40 566
-
-
Dividends
115 050
172 934
-
-
withholding
18 403
37 214
-
-
total
18 403
37 214
-
-
Income
213 500
213 500
213 500
213 500
Total tax
71 177
77 780
93 850
74 734
After tax
142 323
135 720
119 650
138 766
Living cost
45 676
45 676
45 676
45 676
Free-cash
96 647
90 044
73 974
93 090

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17882
₽82156
₽90780
₽52004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
other

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

-
-
-
4 270
regional
-
-
-
11 482
health
-
-
-
481
city
-
-
-
2 251
national
-
-
-
4 849
pensions
-
-
-
19 642
total
-
-
-
42 975
Employee
93 322
-
191 671
-
unemployment
-
-
-
-
pensions
7 840
-
15 455
-
national
442
-
3 831
-
regional
3 056
-
10 093
-
city
1 002
-
2 067
-
health
211
-
432
-
total
12 551
-
31 878
-
Employer
93 322
-
191 671
-
health
211
-
432
-
pensions
7 840
-
15 455
-
unemployment
-
-
-
-
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.

1 866
-
3 834
-
total
9 917
-
19 721
-
Corporate
109 235
213 500
-
-
regional
23 103
45 156
-
-
national
9 284
18 147
-
-
total
32 387
63 303
-
-
Dividends
76 847
150 198
-
-
withholding
26 896
52 570
-
-
total
26 896
52 570
-
-
Income
213 500
213 500
213 500
213 500
Total tax
81 751
115 873
51 599
42 975
After tax
131 749
97 627
161 901
170 525
Living cost
79 745
79 745
79 745
79 745
Free-cash
52 004
17 882
82 156
90 780

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59353
₽86679
₽58083
₽75662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 024
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.

-
-
-
3 852
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.

-
-
-
6 871
trade
-
-
-
28 596
total
-
-
-
109 343
Employee

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

60 444
-
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.

391
-
3 852
-
income

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

7 108
-
70 024
-
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.

6 871
-
6 871
-
total
14 370
-
80 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 056
213 500
-
-
income
22 958
32 024
-
-
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.

1 263
1 762
-
-
chamber of commerce
368
452
-
-
trade
26 249
36 614
-
-
total
50 838
70 852
-
-
Dividends
102 217
142 647
-
-
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.

1 384
1 941
-
-
withholding
25 172
35 280
-
-
total
26 556
37 221
-
-
Income
213 500
213 500
213 500
213 500
Total tax
91 764
108 073
80 747
109 343
After tax
121 736
105 427
132 753
104 157
Living cost
46 074
46 074
46 074
46 074
Free-cash
75 662
59 353
86 679
58 083

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73193
₽78085
₽83523
₽79135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
38 095
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 085
health
-
-
-
10 163
pensions
-
-
-
34 605
total
-
-
-
95 567
Employee
43 044
-
163 403
-
pensions
4 867
-
12 120
-
surtax
-
-
-
-
social contributions
1 227
-
4 657
-
income
2 540
-
34 138
-
total
8 634
-
50 915
-
Employer
43 044
-
163 403
-
health
3 014
-
16 016
-
pensions
7 071
-
20 268
-
unemployment
1 743
-
6 617
-
social contributions
130
-
491
-
other
1 485
-
6 698
-
total
13 443
-
50 090
-
Corporate
157 013
213 500
-
-
income
43 964
59 779
-
-
surtax
-
-
-
-
total
43 964
59 779
-
-
Dividends
113 049
153 721
-
-
surtax
-
-
-
-
social contributions
19 443
26 442
-
-
withholding
14 471
19 676
-
-
total
33 914
46 118
-
-
Income
213 500
213 500
213 500
213 500
Total tax
99 955
105 897
101 005
95 567
After tax
113 545
107 603
112 495
117 933
Living cost
34 410
34 410
34 410
34 410
Free-cash
79 135
73 193
78 085
83 523

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
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.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76602
₽81494
₽86932
₽82188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
38 095
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 085
health
-
-
-
10 163
pensions
-
-
-
34 605
total
-
-
-
95 567
Employee
38 423
-
163 403
-
pensions
4 346
-
12 120
-
surtax
-
-
-
-
social contributions
1 096
-
4 657
-
income
1 981
-
34 138
-
total
7 423
-
50 915
-
Employer
38 423
-
163 403
-
health
2 689
-
16 016
-
pensions
6 314
-
20 268
-
unemployment
1 556
-
6 617
-
social contributions
115
-
491
-
other
1 326
-
6 698
-
total
12 000
-
50 090
-
Corporate
163 077
213 500
-
-
income
45 661
59 779
-
-
surtax
-
-
-
-
total
45 661
59 779
-
-
Dividends
117 416
153 721
-
-
surtax
-
-
-
-
social contributions
20 197
26 442
-
-
withholding
15 030
19 676
-
-
total
35 227
46 118
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 311
105 897
101 005
95 567
After tax
113 189
107 603
112 495
117 933
Living cost
31 001
31 001
31 001
31 001
Free-cash
82 188
76 602
81 494
86 932

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108927
₽110312
₽115784
₽109448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
32 024
social contributions
-
-
-
29 463
health
-
-
-
14 902
total
-
-
-
76 389
Employee
34 101
-
213 500
-
social contributions
4 707
-
29 463
-
income
5 688
-
37 496
-
health
2 380
-
14 902
-
total
12 775
-
81 861
-
Employer
34 101
-
213 500
-
total
-
-
-
-
Corporate
179 399
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%.

8 970
10 675
-
-
total
8 970
10 675
-
-
Dividends
170 429
202 825
-
-
social contributions
23 520
27 990
-
-
withholding
25 564
30 423
-
-
health
11 896
14 158
-
-
total
60 980
72 571
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 725
83 246
81 861
76 389
After tax
130 775
130 254
131 639
137 111
Living cost
21 327
21 327
21 327
21 327
Free-cash
109 448
108 927
110 312
115 784

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82346
₽20670
₽74144
₽80788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 972
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
853
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
103 917
Employee
50 263
40 080
175 271
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
55 021
-
health
1 945
1 552
4 546
-
total
14 824
10 214
76 300
-
Employer
50 263
40 080
175 271
-
chamber of commerce
200
160
700
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 258
-
other
2 388
1 903
7 833
-
total
14 662
11 732
38 228
-
Corporate
148 575
161 685
171 454
-
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.

37 143
40 422
42 863
-
total
37 143
40 422
42 863
-
Dividends
111 432
121 263
-
-
withholding
30 644
33 347
-
-
total
30 644
33 347
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 273
95 715
157 391
103 917
After tax
116 227
117 785
56 109
109 583
Living cost
35 439
35 439
35 439
35 439
Free-cash
80 788
82 346
20 670
74 144

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81203
₽36468
₽56125
₽67574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 305
social contributions
-
-
-
25 075
national
-
-
-
84 324
total
-
-
-
120 704
Employee

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

71 942
-
165 363
-
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.

626
-
1 439
-
communal

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

3 752
-
8 625
-
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.

5 396
-
12 402
-
national
22 118
-
61 987
-
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.

3 380
-
7 772
-
total
35 272
-
92 225
-
Employer

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

71 942
-
165 363
-
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.

4 424
-
10 169
-
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.

6 375
-
14 650
-
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.

935
-
2 149
-
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.

1 050
-
2 414
-
surtax
8 157
-
18 754
-
total
20 941
-
48 136
-
Corporate
120 617
213 500
-
-
income
24 123
44 737
-
-
surtax
483
895
-
-
total
24 606
45 632
-
-
Dividends
96 012
167 867
-
-
withholding

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

28 436
49 994
-
-
total
28 436
49 994
-
-
Income
213 500
213 500
213 500
213 500
Total tax
109 255
95 626
140 361
120 704
After tax
104 245
117 874
73 139
92 796
Living cost
36 671
36 671
36 671
36 671
Free-cash
67 574
81 203
36 468
56 125

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105553
₽78867
₽83086
₽98660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
66 124
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 092
Employee
50 064
-
183 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
62 672
-
total
13 743
-
68 593
-
Employer
50 064
-
183 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
147 479
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.

22 123
32 024
-
-
total
22 123
32 024
-
-
Dividends
125 356
181 476
-
-
withholding
26 694
39 601
-
-
total
26 694
39 601
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 518
71 625
98 311
94 092
After tax
134 982
141 875
115 189
119 408
Living cost
36 322
36 322
36 322
36 322
Free-cash
98 660
105 553
78 867
83 086

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67286
₽55340
₽46831
₽53538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 494
accident
-
-
-
1 800
income
-
-
-
39 133
surtax
-
-
-
10 585
health
-
-
-
15 000
pensions
-
-
-
32 001
total
-
-
-
112 013
Employee
76 164
-
190 709
-
pensions
6 092
-
15 257
-
surtax
4 668
-
11 688
-
income
7 357
-
45 281
-
health
3 390
-
8 488
-
total
21 507
-
80 714
-
Employer
76 164
-
190 709
-
health
2 323
-
5 817
-
pensions
6 092
-
15 257
-
accident
685
-
1 716
-
total
9 100
-
22 790
-
Corporate
128 235
213 500
-
-
communal
8 655
14 412
-
-
income
19 235
32 024
-
-
surtax
1 346
2 243
-
-
total
29 236
48 679
-
-
Dividends
99 000
164 821
-
-
income
30 612
18 155
-
-
withholding
14 851
24 724
-
-
total
45 463
42 879
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 306
91 558
103 504
112 013
After tax
108 194
121 942
109 996
101 487
Living cost
54 656
54 656
54 656
54 656
Free-cash
53 538
67 286
55 340
46 831

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111701
₽71812
₽77959
₽108502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 480
other
-
-
-
-
surtax
-
-
-
10 866
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
112 951
Employee
33 870
-
185 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
9 661
-
income
5 678
-
59 464
-
health
865
-
3 422
-
total
11 280
-
90 843
-
Employer
33 870
-
185 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
172 499
213 500
-
-
income
44 850
55 510
-
-
total
44 850
55 510
-
-
Dividends
127 649
157 990
-
-
withholding
19 147
23 699
-
-
total
19 147
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 408
79 209
119 098
112 951
After tax
131 092
134 291
94 402
100 549
Living cost
22 590
22 590
22 590
22 590
Free-cash
108 502
111 701
71 812
77 959

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85127
₽65847
₽74329
₽82893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 312
municipal
-
-
-
1 305
national
-
-
-
57 124
total
-
-
-
112 078
Employee
55 790
-
213 500
-
municipal
296
-
1 180
-
national
8 839
-
50 393
-
regional
751
-
2 994
-
social contributions
18 813
-
65 993
-
total
28 699
-
120 560
-
Employer
55 790
-
213 500
-
total
-
-
-
-
Corporate
157 710
213 500
-
-
municipal
7 839
10 612
-
-
nationa
37 851
51 240
-
-
total
45 690
61 852
-
-
Dividends
112 020
151 648
-
-
withholding
29 125
39 428
-
-
total
29 125
39 428
-
-
Income
213 500
213 500
213 500
213 500
Total tax
103 514
101 280
120 560
112 078
After tax
109 986
112 220
92 940
101 422
Living cost
27 093
27 093
27 093
27 093
Free-cash
82 893
85 127
65 847
74 329

Estimated living cost  is ₽27093 per week

₽16849
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.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116197
₽84674
₽93819
₽105210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
22 307
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 789
health
-
-
-
28 823
total
-
-
-
88 883
Employee
45 291
-
167 623
-
solidarity contribution
-
-
968
-
social contributions
2 944
-
8 006
-
income
5 435
-
20 548
-
health
6 114
-
22 629
-
total
14 493
-
52 151
-
Employer
45 291
-
167 623
-
health
4 076
-
15 086
-
social contributions
11 323
-
30 791
-
total
15 399
-
45 877
-
Corporate
152 810
213 500
-
-
income
29 034
40 565
-
-
total
29 034
40 565
-
-
Dividends
123 776
172 935
-
-
withholding
18 566
25 940
-
-
total
18 566
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
77 492
66 505
98 028
88 883
After tax
136 008
146 995
115 472
124 617
Living cost
30 798
30 798
30 798
30 798
Free-cash
105 210
116 197
84 674
93 819

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85804
₽24070
₽77694
₽85305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
65 972
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
853
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
103 719
Employee
43 964
40 080
175 454
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
55 109
-
health
1 701
1 552
4 546
-
total
11 877
10 214
76 388
-
Employer
43 964
40 080
175 454
-
chamber of commerce
176
160
702
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 264
-
other
2 088
1 903
7 841
-
total
12 653
11 534
38 046
-
Corporate
156 884
161 884
171 637
-
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.

39 222
40 472
42 909
-
total
39 222
40 472
42 909
-
Dividends
117 662
121 412
-
-
withholding
32 356
33 389
-
-
total
32 356
33 389
-
-
Income
213 500
213 500
213 500
213 500
Total tax
96 108
95 609
157 343
103 719
After tax
117 392
117 891
56 157
109 781
Living cost
32 087
32 087
32 087
32 087
Free-cash
85 305
85 804
24 070
77 694

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190141
₽158116
₽198681
₽187763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
213 500
-
income
3 171
-
42 700
-
total
3 171
-
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%.

197 645
213 500
-
-
total
-
-
-
-
Dividends
197 645
213 500
-
-
withholding
9 882
10 675
-
-
total
9 882
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
13 053
10 675
42 700
2 135
After tax
200 447
202 825
170 800
211 365
Living cost
12 684
12 684
12 684
12 684
Free-cash
187 763
190 141
158 116
198 681

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120019
₽68854
₽73490
₽111606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
52 714
unemployment
-
-
-
321
health
-
-
-
21 008
pensions
-
-
-
38 991
total
-
-
-
113 034
Employee

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

44 474
-
184 736
-
unemployment
63
-
260
-
pensions
6 894
-
28 635
-
income
7 670
-
48 076
-
health
2 872
-
11 934
-
total
17 499
-
88 905
-
Employer

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

44 474
-
184 736
-
health
2 962
-
12 305
-
pensions
3 936
-
16 349
-
unemployment
27
-
111
-
total
6 925
-
28 765
-
Corporate
162 101
213 500
-
-
income
30 799
40 565
-
-
total
30 799
40 565
-
-
Dividends
131 302
172 935
-
-
withholding
19 695
25 940
-
-
total
19 695
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
74 918
66 505
117 670
113 034
After tax
138 582
146 995
95 830
100 466
Living cost
26 976
26 976
26 976
26 976
Free-cash
111 606
120 019
68 854
73 490

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85890
₽156081
₽103543
₽37382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
41 615
social contributions
-
-
-
24 339
total
-
-
-
65 954
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
61 442
213 500
-
-
income
13 517
46 970
-
-
total
13 517
46 970
-
-
Dividends
47 925
166 530
-
-
income
10 544
36 637
-
-
total
10 544
36 637
-
-
Income
213 500
213 500
213 500
213 500
Total tax
132 115
83 607
13 416
65 954
After tax
81 385
129 893
200 084
147 546
Living cost
44 003
44 003
44 003
44 003
Free-cash
37 382
85 890
156 081
103 543

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89892
₽64255
₽80460
₽88878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 302
surtax
-
-
-
-
social contributions

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

-
-
-
74 191
total
-
-
-
101 493
Employee
46 257
-
172 524
-
surtax
-
-
21
-
social contributions
5 088
-
18 977
-
income
9 622
-
57 726
-
total
14 710
-
76 724
-
Employer
46 257
-
172 524
-
social contributions
10 986
-
40 974
-
total
10 986
-
40 974
-
Corporate
156 258
213 500
-
-
income
32 814
44 835
-
-
surtax
-
-
-
-
total
32 814
44 835
-
-
Dividends
123 443
168 665
-
-
withholding
34 565
47 226
-
-
total
34 565
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 075
92 061
117 698
101 493
After tax
120 425
121 439
95 802
112 007
Living cost
31 547
31 547
31 547
31 547
Free-cash
88 878
89 892
64 255
80 460

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59027
₽63919
₽69357
₽65938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
38 095
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 085
health
-
-
-
10 163
pensions
-
-
-
34 605
total
-
-
-
95 567
Employee
62 992
-
163 403
-
pensions
7 125
-
12 120
-
surtax
-
-
-
-
social contributions
1 794
-
4 657
-
income
5 496
-
34 138
-
total
14 415
-
50 915
-
Employer
62 992
-
163 403
-
health
4 409
-
16 016
-
pensions
10 350
-
20 268
-
unemployment
2 552
-
6 617
-
social contributions
189
-
491
-
other
2 174
-
6 698
-
total
19 674
-
50 090
-
Corporate
130 834
213 500
-
-
income
36 634
59 779
-
-
surtax
-
-
-
-
total
36 634
59 779
-
-
Dividends
94 201
153 721
-
-
surtax
-
-
-
-
social contributions
16 204
26 442
-
-
withholding
12 059
19 676
-
-
total
28 263
46 118
-
-
Income
213 500
213 500
213 500
213 500
Total tax
98 986
105 897
101 005
95 567
After tax
114 514
107 603
112 495
117 933
Living cost
48 576
48 576
48 576
48 576
Free-cash
65 938
59 027
63 919
69 357

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161918
₽131424
₽125754
₽158539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
10 545
social contributions
-
-
-
46 969
total
-
-
-
57 514
Employee
32 334
-
184 848
-
income
-
-
11 175
-
social contributions
2 101
-
12 017
-
total
2 101
-
23 192
-
Employer
32 334
-
184 848
-
social contributions
5 012
-
28 652
-
total
5 012
-
28 652
-
Corporate
176 154
213 500
-
-
income
17 616
21 350
-
-
total
17 616
21 350
-
-
Dividends
158 538
192 150
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
24 729
21 350
51 844
57 514
After tax
188 771
192 150
161 656
155 986
Living cost
30 232
30 232
30 232
30 232
Free-cash
158 539
161 918
131 424
125 754

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5526
-₽5526
₽75399
-₽5526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
labour market
-
-
-
17 010
municipal
-
-
-
45 555
national
-
-
-
26 251
pensions
-
-
-
871
total
-
-
-
89 687
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
170 612
170 612
170 612
89 687
After tax
42 888
42 888
42 888
123 813
Living cost
48 414
48 414
48 414
48 414
Free-cash
-5 526
-5 526
-5 526
75 399

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4777
₽95100
₽123757
₽13908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
60 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 673
Employee
34 717
-
194 278
-
pensions
3 909
-
7 768
-
income
4 763
-
47 096
-
health
3 975
-
22 244
-
total
12 647
-
77 108
-
Employer
34 717
-
194 278
-
pensions
5 645
-
11 218
-
accident
580
-
3 244
-
unemployment
851
-
4 760
-
total
7 076
-
19 222
-
Corporate
171 707
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.

154 537
192 150
-
-
total
154 537
192 150
-
-
Dividends
17 171
21 350
-
-
withholding
3 262
4 057
-
-
total
3 262
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
177 522
196 207
96 330
67 673
After tax
35 978
17 293
117 170
145 827
Living cost
22 070
22 070
22 070
22 070
Free-cash
13 908
-4 777
95 100
123 757

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92913
₽69356
₽93811
₽96020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
213 500
health
-
-
-
2 869
municipal
-
-
-
37 914
national
-
-
-
40 293
total
-
-
-
81 076
Employee
52 914
-
179 607
-
municipal
8 667
-
29 240
-
unemployment
794
-
2 695
-
pensions
3 571
-
12 123
-
national
874
-
25 234
-
health
395
-
2 346
-
total
14 301
-
71 638
-
Employer
52 914
-
179 607
-
health
407
-
1 384
-
pensions
9 180
-
31 162
-
accident
53
-
179
-
unemployment
344
-
1 168
-
total
9 984
-
33 893
-
Corporate
150 602
213 500
-
-
income
30 120
42 699
-
-
total
30 120
42 699
-
-
Dividends

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

90 362
128 101
-
-
municipal
16 265
23 058
-
-
national
8 197
16 217
-
-
total
24 462
39 275
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 867
81 974
105 531
81 076
After tax
134 633
131 526
107 969
132 424
Living cost
38 613
38 613
38 613
38 613
Free-cash
96 020
92 913
69 356
93 811

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132345
₽119043
₽120821
₽126873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
47 677
social contributions
-
-
-
16 273
health
-
-
-
5 443
total
-
-
-
69 393
Employee
77 337
77 337
201 123
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
46 719
-
health
599
1 315
3 418
-
total
11 944
14 893
58 794
-
Employer
77 337
77 337
201 123
-
health
651
1 431
3 720
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 377
-
Corporate
174 695
128 313
-
-
income
21 836
16 040
-
-
total
21 836
16 040
-
-
Dividends
152 859
112 273
-
-
withholding
25 986
19 086
-
-
total
25 986
19 086
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 341
57 869
71 171
69 393
After tax
150 159
155 631
142 329
144 107
Living cost
23 286
23 286
23 286
23 286
Free-cash
126 873
132 345
119 043
120 821

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160831
₽145271
₽165443
₽155715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 022
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
32 089
Employee

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

23 085
-
203 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
19 529
-
health
1 962
-
8 112
-
total
7 117
-
42 432
-
Employer

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

23 085
-
203 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
188 038
213 500
-
-
income
16 924
19 216
-
-
total
16 924
19 216
-
-
Dividends
171 115
194 284
-
-
withholding
15 400
17 485
-
-
total
15 400
17 485
-
-
Income
213 500
213 500
213 500
213 500
Total tax
41 817
36 701
52 261
32 089
After tax
171 683
176 799
161 239
181 411
Living cost
15 968
15 968
15 968
15 968
Free-cash
155 715
160 831
145 271
165 443

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114218
₽87532
₽91751
₽109774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
66 124
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 092
Employee
37 188
-
183 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
62 672
-
total
9 530
-
68 593
-
Employer
37 188
-
183 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
164 455
213 500
-
-
income

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

24 669
32 024
-
-
total
24 669
32 024
-
-
Dividends
139 787
181 476
-
-
withholding
30 013
39 601
-
-
total
30 013
39 601
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 069
71 625
98 311
94 092
After tax
137 431
141 875
115 189
119 408
Living cost
27 657
27 657
27 657
27 657
Free-cash
109 774
114 218
87 532
91 751

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131265
₽135526
₽135665
₽130944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
73 411
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
75 876
Employee
2 983
-
211 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
73 336
-
health
149
-
357
-
total
1 024
-
74 407
-
Employer
2 983
-
211 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
209 846
213 500
-
-
income
46 166
46 970
-
-
total
46 166
46 970
-
-
Dividends
163 680
166 530
-
-
withholding
32 736
33 306
-
-
total
32 736
33 306
-
-
Income
213 500
213 500
213 500
213 500
Total tax
80 597
80 276
76 015
75 876
After tax
132 903
133 224
137 485
137 624
Living cost
1 959
1 959
1 959
1 959
Free-cash
130 944
131 265
135 526
135 665

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136861
₽118838
₽118837
₽131911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 174
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
77 270
Employee

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

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

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

26 227
-
200 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
49 174
-
health
1 351
-
3 828
-
total
8 835
-
63 965
-
Employer

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

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

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

26 227
-
200 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
182 578
213 500
-
-
income
27 387
32 025
-
-
total
27 387
32 025
-
-
Dividends
155 191
181 475
-
-
withholding
23 279
27 221
-
-
total
23 279
27 221
-
-
Income
213 500
213 500
213 500
213 500
Total tax
64 196
59 246
77 269
77 270
After tax
149 304
154 254
136 231
136 230
Living cost
17 393
17 393
17 393
17 393
Free-cash
131 911
136 861
118 838
118 837

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94325
₽68688
₽84893
₽93962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 302
surtax
-
-
-
-
social contributions

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

-
-
-
74 191
total
-
-
-
101 493
Employee
39 035
-
172 524
-
surtax
-
-
21
-
social contributions
4 294
-
18 977
-
income
7 627
-
57 726
-
total
11 921
-
76 724
-
Employer
39 035
-
172 524
-
social contributions
9 270
-
40 974
-
total
9 270
-
40 974
-
Corporate
165 195
213 500
-
-
income
34 691
44 835
-
-
surtax
-
-
-
-
total
34 691
44 835
-
-
Dividends
130 504
168 665
-
-
withholding
36 542
47 226
-
-
total
36 542
47 226
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 424
92 061
117 698
101 493
After tax
121 076
121 439
95 802
112 007
Living cost
27 114
27 114
27 114
27 114
Free-cash
93 962
94 325
68 688
84 893

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106529
₽79843
₽84062
₽99947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
66 124
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 092
Employee
48 573
-
183 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
62 672
-
total
13 228
-
68 593
-
Employer
48 573
-
183 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
149 441
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.

22 416
32 024
-
-
total
22 416
32 024
-
-
Dividends
127 024
181 476
-
-
withholding
27 077
39 601
-
-
total
27 077
39 601
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 207
71 625
98 311
94 092
After tax
135 293
141 875
115 189
119 408
Living cost
35 346
35 346
35 346
35 346
Free-cash
99 947
106 529
79 843
84 062

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165217
₽163519
₽154757
₽159080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
32 025
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 418
Employee
22 941
-
206 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
20 660
-
health
1 055
-
1 618
-
total
5 615
-
25 754
-
Employer
22 941
-
206 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
186 058
213 500
-
-
income
18 606
21 350
-
-
total
18 606
21 350
-
-
Dividends
167 452
192 150
-
-
withholding
8 373
9 608
-
-
total
8 373
9 608
-
-
Income
213 500
213 500
213 500
213 500
Total tax
37 095
30 958
32 656
41 418
After tax
176 405
182 542
180 844
172 082
Living cost
17 325
17 325
17 325
17 325
Free-cash
159 080
165 217
163 519
154 757

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70988
₽93924
₽69996
₽84146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
70 024
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.

-
-
-
3 852
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.

-
-
-
6 871
trade
-
-
-
23 928
total
-
-
-
104 675
Employee

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

50 042
-
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.

227
-
3 852
-
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.

4 115
-
70 024
-
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.

6 871
-
6 871
-
total
11 213
-
80 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 458
213 500
-
-
income
24 518
32 024
-
-
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.

1 349
1 762
-
-
chamber of commerce
393
466
-
-
trade
23 457
30 637
-
-
total
49 717
64 889
-
-
Dividends
113 741
148 612
-
-
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.

1 542
2 023
-
-
withholding
28 053
36 771
-
-
total
29 595
38 794
-
-
Income
213 500
213 500
213 500
213 500
Total tax
90 525
103 683
80 747
104 675
After tax
122 975
109 817
132 753
108 825
Living cost
38 829
38 829
38 829
38 829
Free-cash
84 146
70 988
93 924
69 996

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92157
₽50971
₽50971
₽94378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
68 776
social contributions
-
-
-
36 461
total
-
-
-
105 237
Employee
78 672
-
213 500
-
income
14 845
-
68 776
-
social contributions
6 536
-
36 461
-
total
21 381
-
105 237
-
Employer
78 672
-
213 500
-
total
-
-
-
-
Corporate
134 828
213 500
-
-
income
16 853
26 688
-
-
total
16 853
26 688
-
-
Dividends
117 975
186 812
-
-
withholding
23 596
37 363
-
-
total
23 596
37 363
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 830
64 051
105 237
105 237
After tax
151 670
149 449
108 263
108 263
Living cost
57 292
57 292
57 292
57 292
Free-cash
94 378
92 157
50 971
50 971

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96952
₽113077
₽138890
₽100467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 077
total
-
-
-
38 101
Employee
46 138
-
208 874
-
income
5 006
-
54 662
-
social contributions
4 623
-
4 626
-
total
9 629
-
59 288
-
Employer
46 138
-
208 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
162 740
213 500
-
-
income
56 958
74 725
-
-
total
56 958
74 725
-
-
Dividends
105 781
138 775
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 524
80 039
63 914
38 101
After tax
136 976
133 461
149 586
175 399
Living cost
36 509
36 509
36 509
36 509
Free-cash
100 467
96 952
113 077
138 890

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98587
₽82517
₽101633
₽104508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
64 991
pensions
-
-
-
9 743
total
-
-
-
74 734
Employee
50 971
-
186 158
-
pensions
3 890
-
11 709
-
income
9 282
-
52 245
-
health
665
-
2 554
-
total
13 837
-
66 508
-
Employer
50 971
-
186 158
-
health
969
-
3 538
-
pensions
5 150
-
23 804
-
total
6 119
-
27 342
-
Corporate
156 411
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.

29 718
40 566
-
-
total
29 718
40 566
-
-
Dividends
126 693
172 934
-
-
withholding
22 185
37 214
-
-
total
22 185
37 214
-
-
Income
213 500
213 500
213 500
213 500
Total tax
71 859
77 780
93 850
74 734
After tax
141 641
135 720
119 650
138 766
Living cost
37 133
37 133
37 133
37 133
Free-cash
104 508
98 587
82 517
101 633

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6962
₽92915
₽121572
₽13573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
60 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
67 673
Employee
38 154
-
194 278
-
pensions
4 296
-
7 768
-
income
5 234
-
47 096
-
health
4 368
-
22 244
-
total
13 898
-
77 108
-
Employer
38 154
-
194 278
-
pensions
6 204
-
11 218
-
accident
637
-
3 244
-
unemployment
935
-
4 760
-
total
7 776
-
19 222
-
Corporate
167 571
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.

150 814
192 150
-
-
total
150 814
192 150
-
-
Dividends
16 757
21 350
-
-
withholding
3 184
4 057
-
-
total
3 184
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
175 672
196 207
96 330
67 673
After tax
37 828
17 293
117 170
145 827
Living cost
24 255
24 255
24 255
24 255
Free-cash
13 573
-6 962
92 915
121 572

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149738
₽142040
₽119919
₽146695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
213 500
income
-
-
-
35 750
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
79 992
Employee

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

21 742
-
213 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
35 750
-
total
8 153
-
57 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 758
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%.

19 176
21 350
-
-
total
19 176
21 350
-
-
Dividends
172 583
192 150
-
-
withholding
25 887
28 823
-
-
total
25 887
28 823
-
-
Income
213 500
213 500
213 500
213 500
Total tax
53 216
50 173
57 871
79 992
After tax
160 284
163 327
155 629
133 508
Living cost
13 589
13 589
13 589
13 589
Free-cash
146 695
149 738
142 040
119 919

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72390
₽51143
₽59407
₽67816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
5 097
municipal
-
-
-
1 468
national
-
-
-
57 124
total
-
-
-
114 026
Employee
84 751
-
213 500
-
municipal
506
-
1 328
-
national
14 322
-
50 393
-
regional
1 280
-
4 576
-
social contributions
28 577
-
65 993
-
total
44 685
-
122 290
-
Employer
84 751
-
213 500
-
total
-
-
-
-
Corporate
128 749
213 500
-
-
municipal
6 205
10 291
-
-
nationa
30 900
51 240
-
-
total
37 105
61 531
-
-
Dividends
91 644
151 969
-
-
withholding
23 827
39 512
-
-
total
23 827
39 512
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 617
101 043
122 290
114 026
After tax
107 883
112 457
91 210
99 474
Living cost
40 067
40 067
40 067
40 067
Free-cash
67 816
72 390
51 143
59 407

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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