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
₽79320
₽103481
₽76692
₽89648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 433
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.

-
-
-
3 928
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.

-
-
-
6 378
trade
-
-
-
26 789
total
-
-
-
108 528
Employee

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

35 710
-
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.

55
-
3 928
-
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.

998
-
71 433
-
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.

6 378
-
6 378
-
total
7 431
-
81 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 790
213 500
-
-
income
26 669
32 025
-
-
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.

1 467
1 761
-
-
chamber of commerce
397
448
-
-
trade
28 001
33 627
-
-
total
56 534
67 861
-
-
Dividends
121 256
145 639
-
-
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.

1 648
1 983
-
-
withholding
29 959
36 056
-
-
total
31 607
38 039
-
-
Income
213 500
213 500
213 500
213 500
Total tax
95 572
105 900
81 739
108 528
After tax
117 928
107 600
131 761
104 972
Living cost
28 280
28 280
28 280
28 280
Free-cash
89 648
79 320
103 481
76 692

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83418
₽73507
₽72362
₽82590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 675
national
-
-
-
39 742
pensions
-
-
-
25 620
total
-
-
-
91 332
Employee
77 208
-
184 569
-
municipal
9 536
-
24 502
-
pensions
3 088
-
7 383
-
national
14 778
-
41 552
-
total
27 402
-
73 437
-
Employer
77 208
-
184 569
-
pensions
6 177
-
14 766
-
social contributions
830
-
1 984
-
total
7 007
-
16 750
-
Corporate
124 189
213 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

24 838
42 700
-
-
total
24 838
42 700
-
-
Dividends
99 351
170 800
-
-
withholding
21 857
37 576
-
-
total
21 857
37 576
-
-
Income
213 500
213 500
213 500
213 500
Total tax
81 104
80 276
90 187
91 332
After tax
132 396
133 224
123 313
122 168
Living cost
49 806
49 806
49 806
49 806
Free-cash
82 590
83 418
73 507
72 362

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
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.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151376
₽73583
₽58465
₽143717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 396
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
135 611
Employee
27 282
-
168 194
-
surtax
-
-
24 389
-
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.

3 001
-
12 239
-
income
4 856
-
38 559
-
total
7 857
-
75 187
-
Employer
27 282
-
168 194
-
social contributions

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

6 572
-
26 805
-
surtax
-
-
18 501
-
total
6 572
-
45 306
-
Corporate
179 647
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%.

35 930
42 700
-
-
total
35 930
42 700
-
-
Dividends

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

143 717
170 800
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
50 359
42 700
120 493
135 611
After tax
163 141
170 800
93 007
77 889
Living cost
19 424
19 424
19 424
19 424
Free-cash
143 717
151 376
73 583
58 465

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67322
₽97425
₽75344
₽61603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 592
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
99 044
Employee
79 730
79 730
196 149
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
37 159
-
health
12 238
10 409
11 513
-
total
39 640
34 399
59 611
-
Employer
79 730
79 730
196 149
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
120 786
119 808
-
-
income
24 156
23 962
-
-
total
24 156
23 962
-
-
Dividends
96 630
95 847
-
-
income
20 533
20 368
-
-
withholding
14 495
14 376
-
-
total
35 028
34 744
-
-
Income
213 500
213 500
213 500
213 500
Total tax
112 785
107 066
76 963
99 044
After tax
100 715
106 434
136 537
114 456
Living cost
39 112
39 112
39 112
39 112
Free-cash
61 603
67 322
97 425
75 344

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78873
₽68115
₽69029
₽78027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
56 528
national
-
-
-
26 310
pensions
-
-
-
8 931
total
-
-
-
106 773
Employee
53 717
-
187 540
-
municipal
16 018
-
55 924
-
national
-
-
25 804
-
total
16 018
-
81 728
-
Employer
53 717
-
187 540
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
142 906
213 500
-
-
income
31 439
46 970
-
-
total
31 439
46 970
-
-
Dividends
111 466
166 530
-
-
withholding
33 440
49 959
-
-
total
33 440
49 959
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 775
96 929
107 687
106 773
After tax
115 725
116 571
105 813
106 727
Living cost
37 698
37 698
37 698
37 698
Free-cash
78 027
78 873
68 115
69 029

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69826
₽95083
₽67103
₽82946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 433
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.

-
-
-
3 928
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.

-
-
-
6 378
trade
-
-
-
27 980
total
-
-
-
109 719
Employee

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

47 347
-
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.

223
-
3 928
-
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.

4 068
-
71 433
-
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.

6 378
-
6 378
-
total
10 669
-
81 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 153
213 500
-
-
income
24 924
32 025
-
-
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.

1 371
1 761
-
-
chamber of commerce
377
445
-
-
trade
27 331
35 120
-
-
total
54 003
69 351
-
-
Dividends
112 149
144 149
-
-
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.

1 522
1 963
-
-
withholding
27 682
35 682
-
-
total
29 204
37 645
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 876
106 996
81 739
109 719
After tax
119 624
106 504
131 761
103 781
Living cost
36 678
36 678
36 678
36 678
Free-cash
82 946
69 826
95 083
67 103

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125308
₽111444
₽113189
₽121434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 477
social contributions
-
-
-
15 106
health
-
-
-
5 445
total
-
-
-
70 028
Employee
71 793
71 793
201 732
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
48 538
-
health
714
1 221
3 430
-
total
11 742
13 825
60 005
-
Employer
71 793
71 793
201 732
-
health
778
1 329
3 731
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 768
-
Corporate
167 209
134 419
-
-
income
20 902
16 802
-
-
total
20 902
16 802
-
-
Dividends
146 307
117 618
-
-
withholding
24 872
19 995
-
-
total
24 872
19 995
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 783
57 909
71 773
70 028
After tax
151 717
155 591
141 727
143 472
Living cost
30 283
30 283
30 283
30 283
Free-cash
121 434
125 308
111 444
113 189

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103103
₽107045
₽131179
₽103450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 139
9 607
178 661
-
unemployment
362
144
2 680
-
pensions
2 414
961
17 866
-
income
2 951
1 174
21 841
-
health
1 690
672
12 506
-
total
7 417
2 951
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.

24 139
9 607
178 661
-
pensions
4 707
1 873
34 839
-
total
4 707
1 873
34 839
-
Corporate
184 653
202 019
-
-
income
16 619
18 182
-
-
total
16 619
18 182
-
-
Dividends
168 035
183 838
-
-
social contributions
32 657
35 739
-
-
withholding
31 927
34 929
-
-
total
64 584
70 668
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 327
93 674
89 732
65 598
After tax
120 173
119 826
123 768
147 902
Living cost
16 723
16 723
16 723
16 723
Free-cash
103 450
103 103
107 045
131 179

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148249
₽100507
₽91885
₽142447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 609
health
-
-
-
27 755
pensions
-
-
-
42 700
total
-
-
-
99 064
Employee
26 486
-
159 567
-
unemployment
423
-
2 553
-
pensions
530
-
3 191
-
income
2 982
-
30 765
-
total
3 935
-
36 509
-
Employer
26 486
-
159 567
-
health
3 443
-
20 744
-
pensions
5 298
-
31 913
-
unemployment
213
-
1 276
-
total
8 954
-
53 933
-
Corporate
178 061
213 500
-
-
income
35 613
42 700
-
-
total
35 613
42 700
-
-
Dividends
142 448
170 800
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
48 502
42 700
90 442
99 064
After tax
164 998
170 800
123 058
114 436
Living cost
22 551
22 551
22 551
22 551
Free-cash
142 447
148 249
100 507
91 885

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3547
₽96768
₽124942
₽14096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
61 121
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 718
Employee
32 783
-
195 029
-
pensions
3 691
-
7 227
-
income
4 498
-
47 863
-
health
3 754
-
22 331
-
total
11 943
-
77 421
-
Employer
32 783
-
195 029
-
pensions
5 331
-
10 436
-
accident
547
-
3 257
-
unemployment
803
-
4 778
-
total
6 681
-
18 471
-
Corporate
174 036
213 500
-
-
income

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

156 633
192 150
-
-
total
156 633
192 150
-
-
Dividends
17 403
21 350
-
-
withholding
3 307
4 057
-
-
total
3 307
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 564
196 207
95 892
67 718
After tax
34 936
17 293
117 608
145 782
Living cost
20 840
20 840
20 840
20 840
Free-cash
14 096
-3 547
96 768
124 942

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195302
₽163277
₽203842
₽193891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
213 500
microenterprise

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

-
-
-
2 135
total
-
-
-
2 135
Employee
9 404
-
213 500
-
income
1 881
-
42 700
-
total
1 881
-
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%.

204 096
213 500
-
-
total
-
-
-
-
Dividends
204 096
213 500
-
-
withholding
10 205
10 675
-
-
total
10 205
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
12 086
10 675
42 700
2 135
After tax
201 414
202 825
170 800
211 365
Living cost
7 523
7 523
7 523
7 523
Free-cash
193 891
195 302
163 277
203 842

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131980
₽102143
₽103900
₽125676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 657
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
84 722
Employee
33 900
-
177 439
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
37 073
-
health
475
-
1 988
-
total
9 021
-
50 418
-
Employer
33 900
-
177 439
-
health
475
-
1 988
-
pensions

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

5 764
-
24 137
-
accident
271
-
1 419
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
36 061
-
Corporate
171 057
213 500
-
-
income
35 921
44 835
-
-
total
35 921
44 835
-
-
Dividends
135 135
168 665
-
-
withholding
9 460
11 807
-
-
total
9 460
11 807
-
-
Income
213 500
213 500
213 500
213 500
Total tax
62 946
56 642
86 479
84 722
After tax
150 554
156 858
127 021
128 778
Living cost
24 878
24 878
24 878
24 878
Free-cash
125 676
131 980
102 143
103 900

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71827
₽56172
₽75231
₽79378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 148
pensions
-
-
-
9 404
total
-
-
-
75 552
Employee
88 735
-
186 057
-
pensions
8 561
-
11 213
-
income
15 995
-
53 445
-
health
1 462
-
2 510
-
total
26 018
-
67 168
-
Employer
88 735
-
186 057
-
health
1 685
-
3 536
-
pensions
10 477
-
23 907
-
total
12 162
-
27 443
-
Corporate
112 603
213 500
-
-
income

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

21 394
40 566
-
-
total
21 394
40 566
-
-
Dividends
91 209
172 934
-
-
withholding
11 831
38 390
-
-
total
11 831
38 390
-
-
Income
213 500
213 500
213 500
213 500
Total tax
71 405
78 956
94 611
75 552
After tax
142 095
134 544
118 889
137 948
Living cost
62 717
62 717
62 717
62 717
Free-cash
79 378
71 827
56 172
75 231

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽170299
₽169421
₽160522
₽165960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
40 734
Employee
16 213
-
207 100
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
20 710
-
health
746
-
1 501
-
total
3 969
-
25 434
-
Employer
16 213
-
207 100
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
194 106
213 500
-
-
income
19 410
21 350
-
-
total
19 410
21 350
-
-
Dividends
174 696
192 150
-
-
withholding
8 735
9 607
-
-
total
8 735
9 607
-
-
Income
213 500
213 500
213 500
213 500
Total tax
35 296
30 957
31 835
40 734
After tax
178 204
182 543
181 665
172 766
Living cost
12 244
12 244
12 244
12 244
Free-cash
165 960
170 299
169 421
160 522

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54662
₽84765
₽62684
₽57011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 592
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
99 044
Employee
86 561
79 730
196 149
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
37 159
-
health
10 799
10 409
11 513
-
total
34 789
34 399
59 611
-
Employer
86 561
79 730
196 149
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
111 783
119 808
-
-
income
22 356
23 962
-
-
total
22 356
23 962
-
-
Dividends
89 427
95 847
-
-
income
19 002
20 368
-
-
withholding
13 414
14 376
-
-
total
32 416
34 744
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 717
107 066
76 963
99 044
After tax
108 783
106 434
136 537
114 456
Living cost
51 772
51 772
51 772
51 772
Free-cash
57 011
54 662
84 765
62 684

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124180
₽94111
₽103496
₽116040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 777
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 759
health
-
-
-
28 823
total
-
-
-
87 189
Employee
33 551
-
170 085
-
solidarity contribution
-
-
1 917
-
social contributions
2 181
-
7 308
-
income
4 026
-
20 972
-
health
4 529
-
22 961
-
total
10 736
-
53 158
-
Employer
33 551
-
170 085
-
health
3 020
-
15 308
-
social contributions
8 388
-
28 108
-
total
11 408
-
43 416
-
Corporate
168 541
213 500
-
-
income
32 023
40 565
-
-
total
32 023
40 565
-
-
Dividends
136 518
172 935
-
-
withholding
20 478
25 940
-
-
total
20 478
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
74 645
66 505
96 574
87 189
After tax
138 855
146 995
116 926
126 311
Living cost
22 815
22 815
22 815
22 815
Free-cash
116 040
124 180
94 111
103 496

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽74513
₽55799
₽63713
₽69640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
46 729
regional
-
-
-
2 717
municipal
-
-
-
1 334
national
-
-
-
59 610
total
-
-
-
110 390
Employee
82 977
-
213 500
-
municipal
439
-
1 217
-
national
14 378
-
53 361
-
regional
783
-
2 463
-
social contributions
27 980
-
61 263
-
total
43 580
-
118 304
-
Employer
82 977
-
213 500
-
total
-
-
-
-
Corporate
130 523
213 500
-
-
municipal
5 090
8 327
-
-
nationa
31 325
51 240
-
-
total
36 415
59 567
-
-
Dividends
94 107
153 933
-
-
withholding
24 468
40 023
-
-
total
24 468
40 023
-
-
Income
213 500
213 500
213 500
213 500
Total tax
104 463
99 590
118 304
110 390
After tax
109 037
113 910
95 196
103 110
Living cost
39 397
39 397
39 397
39 397
Free-cash
69 640
74 513
55 799
63 713

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113688
₽74072
₽79780
₽110783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 673
other
-
-
-
-
surtax
-
-
-
11 463
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
113 117
Employee
30 875
-
187 271
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
10 347
-
income
5 175
-
62 088
-
health
788
-
3 177
-
total
10 272
-
92 596
-
Employer
30 875
-
187 271
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
176 126
213 500
-
-
income
45 793
55 510
-
-
total
45 793
55 510
-
-
Dividends
130 332
157 990
-
-
withholding
19 550
23 699
-
-
total
19 550
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 114
79 209
118 825
113 117
After tax
131 386
134 291
94 675
100 383
Living cost
20 603
20 603
20 603
20 603
Free-cash
110 783
113 688
74 072
79 780

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91697
₽76042
₽95101
₽97894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 148
pensions
-
-
-
9 404
total
-
-
-
75 552
Employee
59 468
-
186 057
-
pensions
5 047
-
11 213
-
income
10 710
-
53 445
-
health
863
-
2 510
-
total
16 620
-
67 168
-
Employer
59 468
-
186 057
-
health
1 130
-
3 536
-
pensions
6 437
-
23 907
-
total
7 567
-
27 443
-
Corporate
146 465
213 500
-
-
income

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

27 827
40 566
-
-
total
27 827
40 566
-
-
Dividends
118 638
172 934
-
-
withholding
20 745
38 390
-
-
total
20 745
38 390
-
-
Income
213 500
213 500
213 500
213 500
Total tax
72 759
78 956
94 611
75 552
After tax
140 741
134 544
118 889
137 948
Living cost
42 847
42 847
42 847
42 847
Free-cash
97 894
91 697
76 042
95 101

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23798
₽87802
₽95719
₽55388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 893
health
-
-
-
480
city
-
-
-
2 251
national
-
-
-
5 417
pensions
-
-
-
19 641
total
-
-
-
43 952
Employee
86 398
-
192 086
-
unemployment
-
-
-
-
pensions
7 259
-
15 027
-
national
409
-
4 454
-
regional
2 829
-
10 579
-
city
927
-
2 076
-
health
195
-
432
-
total
11 619
-
32 568
-
Employer
86 398
-
192 086
-
health
195
-
432
-
pensions
7 259
-
15 027
-
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.

1 727
-
3 842
-
total
9 181
-
19 301
-
Corporate
116 970
213 500
-
-
regional
24 740
45 156
-
-
national
9 942
18 147
-
-
total
34 682
63 303
-
-
Dividends
82 289
150 197
-
-
withholding
28 801
52 570
-
-
total
28 801
52 570
-
-
Income
213 500
213 500
213 500
213 500
Total tax
84 283
115 873
51 869
43 952
After tax
129 217
97 627
161 631
169 548
Living cost
73 829
73 829
73 829
73 829
Free-cash
55 388
23 798
87 802
95 719

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62632
₽88990
₽59819
₽77774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 433
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.

-
-
-
3 928
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.

-
-
-
6 378
trade
-
-
-
29 171
total
-
-
-
110 910
Employee

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

56 111
-
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.

363
-
3 928
-
income

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

6 598
-
71 433
-
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.

6 378
-
6 378
-
total
13 339
-
81 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 389
213 500
-
-
income
23 609
32 025
-
-
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.

1 299
1 761
-
-
chamber of commerce
363
443
-
-
trade
26 993
36 616
-
-
total
52 264
70 845
-
-
Dividends
105 125
142 655
-
-
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.

1 426
1 942
-
-
withholding
25 926
35 310
-
-
total
27 352
37 252
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 955
108 097
81 739
110 910
After tax
120 545
105 403
131 761
102 590
Living cost
42 771
42 771
42 771
42 771
Free-cash
77 774
62 632
88 990
59 819

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75661
₽78115
₽84586
₽81176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 314
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 083
health
-
-
-
10 558
pensions
-
-
-
33 397
total
-
-
-
96 971
Employee
39 959
-
162 700
-
pensions
4 518
-
12 365
-
surtax
-
-
-
-
social contributions
1 139
-
4 635
-
income
2 358
-
35 642
-
total
8 015
-
52 642
-
Employer
39 959
-
162 700
-
health
2 798
-
16 300
-
pensions
6 564
-
20 629
-
unemployment
1 618
-
6 589
-
social contributions
120
-
487
-
other
1 378
-
6 795
-
total
12 478
-
50 800
-
Corporate
161 062
213 500
-
-
income
45 097
59 780
-
-
surtax
-
-
-
-
total
45 097
59 780
-
-
Dividends
115 965
153 720
-
-
surtax
-
-
-
-
social contributions
19 947
26 440
-
-
withholding
14 844
19 676
-
-
total
34 791
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 381
105 896
103 442
96 971
After tax
113 119
107 604
110 058
116 529
Living cost
31 943
31 943
31 943
31 943
Free-cash
81 176
75 661
78 115
84 586

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78826
₽81280
₽87751
₽84014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 314
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 083
health
-
-
-
10 558
pensions
-
-
-
33 397
total
-
-
-
96 971
Employee
35 669
-
162 700
-
pensions
4 034
-
12 365
-
surtax
-
-
-
-
social contributions
1 017
-
4 635
-
income
1 839
-
35 642
-
total
6 890
-
52 642
-
Employer
35 669
-
162 700
-
health
2 496
-
16 300
-
pensions
5 861
-
20 629
-
unemployment
1 444
-
6 589
-
social contributions
106
-
487
-
other
1 231
-
6 795
-
total
11 138
-
50 800
-
Corporate
166 692
213 500
-
-
income
46 674
59 780
-
-
surtax
-
-
-
-
total
46 674
59 780
-
-
Dividends
120 018
153 720
-
-
surtax
-
-
-
-
social contributions
20 643
26 440
-
-
withholding
15 363
19 676
-
-
total
36 006
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
100 708
105 896
103 442
96 971
After tax
112 792
107 604
110 058
116 529
Living cost
28 778
28 778
28 778
28 778
Free-cash
84 014
78 826
81 280
87 751

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110456
₽111469
₽117312
₽110941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
29 463
health
-
-
-
14 902
total
-
-
-
76 390
Employee
31 656
-
213 500
-
social contributions
4 369
-
29 463
-
income
5 280
-
37 868
-
health
2 209
-
14 902
-
total
11 858
-
82 233
-
Employer
31 656
-
213 500
-
total
-
-
-
-
Corporate
181 844
213 500
-
-
income

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

9 093
10 675
-
-
total
9 093
10 675
-
-
Dividends
172 751
202 825
-
-
social contributions
23 839
27 991
-
-
withholding
25 912
30 423
-
-
health
12 059
14 157
-
-
total
61 810
72 571
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 761
83 246
82 233
76 390
After tax
130 739
130 254
131 267
137 110
Living cost
19 798
19 798
19 798
19 798
Free-cash
110 941
110 456
111 469
117 312

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽84765
₽23040
₽76420
₽83319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 896
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
854
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
104 182
Employee
46 660
37 207
176 969
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
57 923
-
health
1 805
1 440
4 220
-
total
13 761
9 481
77 675
-
Employer
46 660
37 207
176 969
-
chamber of commerce
186
149
709
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
5 308
-
other
2 216
1 766
7 828
-
total
13 611
10 892
36 530
-
Corporate
153 229
165 400
173 426
-
income

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

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

38 308
41 350
43 357
-
total
38 308
41 350
43 357
-
Dividends
114 922
124 050
-
-
withholding
31 603
34 114
-
-
total
31 603
34 114
-
-
Income
213 500
213 500
213 500
213 500
Total tax
97 283
95 837
157 562
104 182
After tax
116 217
117 663
55 938
109 318
Living cost
32 898
32 898
32 898
32 898
Free-cash
83 319
84 765
23 040
76 420

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82926
₽38387
₽58836
₽71258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 414
social contributions
-
-
-
23 277
national
-
-
-
85 931
total
-
-
-
120 622
Employee

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

66 785
-
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.

581
-
1 439
-
communal

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

3 483
-
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.

5 009
-
12 402
-
national
20 532
-
62 696
-
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.

3 138
-
7 771
-
total
32 743
-
92 933
-
Employer

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

66 785
-
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.

4 107
-
10 170
-
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.

5 918
-
14 651
-
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.

868
-
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.

974
-
2 415
-
surtax
7 573
-
18 753
-
total
19 440
-
48 138
-
Corporate
127 275
213 500
-
-
income
25 455
45 969
-
-
surtax
509
920
-
-
total
25 964
46 889
-
-
Dividends
101 312
166 612
-
-
withholding

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

30 053
49 643
-
-
total
30 053
49 643
-
-
Income
213 500
213 500
213 500
213 500
Total tax
108 200
96 532
141 071
120 622
After tax
105 300
116 968
72 429
92 878
Living cost
34 042
34 042
34 042
34 042
Free-cash
71 258
82 926
38 387
58 836

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108002
₽81632
₽85548
₽101606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
68 271
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 234
Employee
46 475
-
185 912
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
65 066
-
total
12 758
-
70 562
-
Employer
46 475
-
185 912
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
152 211
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.

22 831
32 025
-
-
total
22 831
32 025
-
-
Dividends
129 380
181 475
-
-
withholding
27 773
39 755
-
-
total
27 773
39 755
-
-
Income
213 500
213 500
213 500
213 500
Total tax
78 176
71 780
98 150
94 234
After tax
135 324
141 720
115 350
119 266
Living cost
33 718
33 718
33 718
33 718
Free-cash
101 606
108 002
81 632
85 548

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69867
₽57837
₽49328
₽57026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 555
surtax
-
-
-
10 585
health
-
-
-
15 000
pensions
-
-
-
32 000
total
-
-
-
113 434
Employee
70 705
-
190 710
-
pensions
5 656
-
15 257
-
surtax
4 334
-
11 688
-
income
6 829
-
46 702
-
health
3 147
-
8 487
-
total
19 966
-
82 134
-
Employer
70 705
-
190 710
-
health
2 156
-
5 817
-
pensions
5 656
-
15 257
-
accident
636
-
1 717
-
total
8 448
-
22 791
-
Corporate
134 347
213 500
-
-
communal
9 068
14 412
-
-
income
20 152
32 025
-
-
surtax
1 410
2 241
-
-
total
30 630
48 678
-
-
Dividends
103 717
164 822
-
-
income
31 134
19 494
-
-
withholding
15 558
24 723
-
-
total
46 692
44 217
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 736
92 895
104 925
113 434
After tax
107 764
120 605
108 575
100 066
Living cost
50 738
50 738
50 738
50 738
Free-cash
57 026
69 867
57 837
49 328

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Luxembourg model

Close
Athens , Greece
₽113320
₽73704
₽79412
₽110349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 673
other
-
-
-
-
surtax
-
-
-
11 463
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
113 117
Employee
31 442
-
187 271
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
10 347
-
income
5 271
-
62 088
-
health
803
-
3 177
-
total
10 472
-
92 596
-
Employer
31 442
-
187 271
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
175 439
213 500
-
-
income
45 614
55 510
-
-
total
45 614
55 510
-
-
Dividends
129 824
157 990
-
-
withholding
19 474
23 699
-
-
total
19 474
23 699
-
-
Income
213 500
213 500
213 500
213 500
Total tax
82 180
79 209
118 825
113 117
After tax
131 320
134 291
94 675
100 383
Living cost
20 971
20 971
20 971
20 971
Free-cash
110 349
113 320
73 704
79 412

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87069
₽69417
₽77291
₽84997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
46 729
regional
-
-
-
3 385
municipal
-
-
-
1 334
national
-
-
-
59 610
total
-
-
-
111 058
Employee
51 791
-
213 500
-
municipal
275
-
1 217
-
national
8 205
-
53 361
-
regional
697
-
3 091
-
social contributions
17 464
-
61 263
-
total
26 641
-
118 932
-
Employer
51 791
-
213 500
-
total
-
-
-
-
Corporate
161 709
213 500
-
-
municipal
8 037
10 611
-
-
nationa
38 811
51 240
-
-
total
46 848
61 851
-
-
Dividends
114 861
151 649
-
-
withholding
29 863
39 429
-
-
total
29 863
39 429
-
-
Income
213 500
213 500
213 500
213 500
Total tax
103 352
101 280
118 932
111 058
After tax
110 148
112 220
94 568
102 442
Living cost
25 151
25 151
25 151
25 151
Free-cash
84 997
87 069
69 417
77 291

Estimated living cost  is ₽25151 per week

₽15641
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.
₽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.
₽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 Naples model

Close
Prague , Czech Republic
₽118881
₽88812
₽98197
₽108852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 777
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 759
health
-
-
-
28 823
total
-
-
-
87 189
Employee
41 344
-
170 085
-
solidarity contribution
-
-
1 917
-
social contributions
2 687
-
7 308
-
income
4 961
-
20 972
-
health
5 581
-
22 961
-
total
13 229
-
53 158
-
Employer
41 344
-
170 085
-
health
3 721
-
15 308
-
social contributions
10 336
-
28 108
-
total
14 057
-
43 416
-
Corporate
158 099
213 500
-
-
income
30 039
40 565
-
-
total
30 039
40 565
-
-
Dividends
128 060
172 935
-
-
withholding
19 209
25 940
-
-
total
19 209
25 940
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 534
66 505
96 574
87 189
After tax
136 966
146 995
116 926
126 311
Living cost
28 114
28 114
28 114
28 114
Free-cash
108 852
118 881
88 812
98 197

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87977
₽26196
₽79715
₽87513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 896
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
854
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
103 998
Employee
40 813
37 207
177 141
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
58 006
-
health
1 579
1 440
4 220
-
total
11 027
9 481
77 758
-
Employer
40 813
37 207
177 141
-
chamber of commerce
163
149
709
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
5 314
-
other
1 938
1 766
7 835
-
total
11 744
10 708
36 359
-
Corporate
160 942
165 584
173 598
-
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.

40 235
41 396
43 400
-
total
40 235
41 396
43 400
-
Dividends
120 707
124 188
-
-
withholding
33 194
34 151
-
-
total
33 194
34 151
-
-
Income
213 500
213 500
213 500
213 500
Total tax
96 200
95 736
157 517
103 998
After tax
117 300
117 764
55 983
109 502
Living cost
29 787
29 787
29 787
29 787
Free-cash
87 513
87 977
26 196
79 715

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191101
₽159076
₽199641
₽188903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
213 500
-
income
2 931
-
42 700
-
total
2 931
-
42 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

198 845
213 500
-
-
total
-
-
-
-
Dividends
198 845
213 500
-
-
withholding
9 942
10 675
-
-
total
9 942
10 675
-
-
Income
213 500
213 500
213 500
213 500
Total tax
12 873
10 675
42 700
2 135
After tax
200 627
202 825
170 800
211 365
Living cost
11 724
11 724
11 724
11 724
Free-cash
188 903
191 101
159 076
199 641

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121951
₽69078
₽73712
₽114142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 426
unemployment
-
-
-
321
health
-
-
-
21 008
pensions
-
-
-
38 990
total
-
-
-
114 745
Employee

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

41 286
-
184 735
-
unemployment
58
-
259
-
pensions
6 400
-
28 634
-
income
7 120
-
49 790
-
health
2 667
-
11 933
-
total
16 245
-
90 616
-
Employer

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

41 286
-
184 735
-
health
2 750
-
12 303
-
pensions
3 653
-
16 348
-
unemployment
25
-
112
-
total
6 428
-
28 763
-
Corporate
165 786
213 500
-
-
income
31 499
40 565
-
-
total
31 499
40 565
-
-
Dividends
134 287
172 935
-
-
withholding
20 143
25 941
-
-
total
20 143
25 941
-
-
Income
213 500
213 500
213 500
213 500
Total tax
74 315
66 506
119 379
114 745
After tax
139 185
146 994
94 121
98 755
Living cost
25 043
25 043
25 043
25 043
Free-cash
114 142
121 951
69 078
73 712

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90008
₽161455
₽107661
₽46039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
75 672
213 500
-
-
income
16 648
46 970
-
-
total
16 648
46 970
-
-
Dividends
59 024
166 530
-
-
income
12 985
36 637
-
-
total
12 985
36 637
-
-
Income
213 500
213 500
213 500
213 500
Total tax
127 576
83 607
12 160
65 954
After tax
85 924
129 893
201 340
147 546
Living cost
39 885
39 885
39 885
39 885
Free-cash
46 039
90 008
161 455
107 661

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92152
₽65103
₽81906
₽91213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 116
surtax
-
-
-
-
social contributions

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

-
-
-
74 192
total
-
-
-
102 308
Employee
42 941
-
172 526
-
surtax
-
-
296
-
social contributions
4 724
-
18 978
-
income
8 932
-
58 863
-
total
13 656
-
78 137
-
Employer
42 941
-
172 526
-
social contributions
10 198
-
40 974
-
total
10 198
-
40 974
-
Corporate
160 361
213 500
-
-
income
33 676
44 835
-
-
surtax
-
-
-
-
total
33 676
44 835
-
-
Dividends
126 685
168 665
-
-
withholding
35 471
47 227
-
-
total
35 471
47 227
-
-
Income
213 500
213 500
213 500
213 500
Total tax
93 001
92 062
119 111
102 308
After tax
120 499
121 438
94 389
111 192
Living cost
29 286
29 286
29 286
29 286
Free-cash
91 213
92 152
65 103
81 906

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62510
₽64964
₽71435
₽68929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 314
other
-
-
-
6 619
surtax
-
-
-
-
social contributions
-
-
-
6 083
health
-
-
-
10 558
pensions
-
-
-
33 397
total
-
-
-
96 971
Employee
58 476
-
162 700
-
pensions
6 614
-
12 365
-
surtax
-
-
-
-
social contributions
1 665
-
4 635
-
income
5 102
-
35 642
-
total
13 381
-
52 642
-
Employer
58 476
-
162 700
-
health
4 093
-
16 300
-
pensions
9 608
-
20 629
-
unemployment
2 369
-
6 589
-
social contributions
175
-
487
-
other
2 018
-
6 795
-
total
18 263
-
50 800
-
Corporate
136 760
213 500
-
-
income
38 293
59 780
-
-
surtax
-
-
-
-
total
38 293
59 780
-
-
Dividends
98 467
153 720
-
-
surtax
-
-
-
-
social contributions
16 936
26 440
-
-
withholding
12 604
19 676
-
-
total
29 540
46 116
-
-
Income
213 500
213 500
213 500
213 500
Total tax
99 477
105 896
103 442
96 971
After tax
114 023
107 604
110 058
116 529
Living cost
45 094
45 094
45 094
45 094
Free-cash
68 929
62 510
64 964
71 435

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164085
₽133154
₽127482
₽160948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 983
social contributions
-
-
-
46 970
total
-
-
-
57 953
Employee
30 016
-
184 849
-
income
-
-
11 614
-
social contributions
1 951
-
12 016
-
total
1 951
-
23 630
-
Employer
30 016
-
184 849
-
social contributions
4 653
-
28 651
-
total
4 653
-
28 651
-
Corporate
178 831
213 500
-
-
income
17 883
21 350
-
-
total
17 883
21 350
-
-
Dividends
160 949
192 150
-
-
total
-
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
24 487
21 350
52 281
57 953
After tax
189 013
192 150
161 219
155 547
Living cost
28 065
28 065
28 065
28 065
Free-cash
160 948
164 085
133 154
127 482

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10067
₽10067
₽78118
₽5732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 015
municipal
-
-
-
45 929
national
-
-
-
26 662
pensions
-
-
-
809
total
-
-
-
90 415
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
10 066
-
-
-
income
2 215
-
-
-
total
2 215
-
-
-
Dividends
7 852
-
-
-
withholding
2 120
-
-
-
total
2 120
-
-
-
Income
213 500
213 500
213 500
213 500
Total tax
162 801
158 466
158 466
90 415
After tax
50 699
55 034
55 034
123 085
Living cost
44 967
44 967
44 967
44 967
Free-cash
5 732
10 067
10 067
78 118

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3240
₽97075
₽125249
₽14144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
61 121
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 718
Employee
32 300
-
195 029
-
pensions
3 637
-
7 227
-
income
4 431
-
47 863
-
health
3 699
-
22 331
-
total
11 767
-
77 421
-
Employer
32 300
-
195 029
-
pensions
5 252
-
10 436
-
accident
539
-
3 257
-
unemployment
791
-
4 778
-
total
6 582
-
18 471
-
Corporate
174 618
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.

157 156
192 150
-
-
total
157 156
192 150
-
-
Dividends
17 462
21 350
-
-
withholding
3 318
4 057
-
-
total
3 318
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
178 823
196 207
95 892
67 718
After tax
34 677
17 293
117 608
145 782
Living cost
20 533
20 533
20 533
20 533
Free-cash
14 144
-3 240
97 075
125 249

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94892
₽70279
₽94733
₽97777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 899
municipal
-
-
-
37 909
national
-
-
-
42 114
total
-
-
-
82 922
Employee
49 121
-
179 608
-
municipal
8 046
-
29 234
-
unemployment
737
-
2 695
-
pensions
3 315
-
12 124
-
national
811
-
27 054
-
health
367
-
2 376
-
total
13 276
-
73 483
-
Employer
49 121
-
179 608
-
health
377
-
1 384
-
pensions
8 522
-
31 162
-
accident
50
-
179
-
unemployment
319
-
1 168
-
total
9 268
-
33 893
-
Corporate
155 110
213 500
-
-
income
31 022
42 700
-
-
total
31 022
42 700
-
-
Dividends

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

93 066
128 100
-
-
municipal
16 752
23 058
-
-
national
9 560
17 005
-
-
total
26 312
40 063
-
-
Income
213 500
213 500
213 500
213 500
Total tax
79 878
82 763
107 376
82 922
After tax
133 622
130 737
106 124
130 578
Living cost
35 845
35 845
35 845
35 845
Free-cash
97 777
94 892
70 279
94 733

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133974
₽120110
₽121855
₽128894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 477
social contributions
-
-
-
15 106
health
-
-
-
5 445
total
-
-
-
70 028
Employee
71 793
71 793
201 732
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
48 538
-
health
556
1 221
3 430
-
total
11 087
13 825
60 005
-
Employer
71 793
71 793
201 732
-
health
604
1 329
3 731
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 768
-
Corporate
177 477
134 419
-
-
income
22 184
16 802
-
-
total
22 184
16 802
-
-
Dividends
155 293
117 618
-
-
withholding
26 400
19 995
-
-
total
26 400
19 995
-
-
Income
213 500
213 500
213 500
213 500
Total tax
62 989
57 909
71 773
70 028
After tax
150 511
155 591
141 727
143 472
Living cost
21 617
21 617
21 617
21 617
Free-cash
128 894
133 974
120 110
121 855

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
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.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161975
₽148479
₽167203
₽157229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 128
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
31 473
Employee

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

21 431
-
204 375
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
19 812
-
health
1 821
-
7 530
-
total
6 606
-
41 073
-
Employer

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

21 431
-
204 375
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
189 864
213 500
-
-
income
17 087
19 215
-
-
total
17 087
19 215
-
-
Dividends
172 777
194 285
-
-
withholding
15 549
17 486
-
-
total
15 549
17 486
-
-
Income
213 500
213 500
213 500
213 500
Total tax
41 447
36 701
50 197
31 473
After tax
172 053
176 799
163 303
182 027
Living cost
14 824
14 824
14 824
14 824
Free-cash
157 229
161 975
148 479
167 203

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116046
₽89676
₽93592
₽111922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
68 271
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 234
Employee
34 523
-
185 912
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
65 066
-
total
8 848
-
70 562
-
Employer
34 523
-
185 912
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
167 971
213 500
-
-
income

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

25 196
32 025
-
-
total
25 196
32 025
-
-
Dividends
142 775
181 475
-
-
withholding
30 854
39 755
-
-
total
30 854
39 755
-
-
Income
213 500
213 500
213 500
213 500
Total tax
75 904
71 780
98 150
94 234
After tax
137 596
141 720
115 350
119 266
Living cost
25 674
25 674
25 674
25 674
Free-cash
111 922
116 046
89 676
93 592

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131333
₽135638
₽135774
₽131021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 456
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
75 835
Employee
2 880
-
211 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
73 384
-
health
144
-
345
-
total
989
-
74 419
-
Employer
2 880
-
211 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
209 972
213 500
-
-
income
46 194
46 970
-
-
total
46 194
46 970
-
-
Dividends
163 778
166 530
-
-
withholding
32 756
33 306
-
-
total
32 756
33 306
-
-
Income
213 500
213 500
213 500
213 500
Total tax
80 588
80 276
75 971
75 835
After tax
132 912
133 224
137 529
137 665
Living cost
1 891
1 891
1 891
1 891
Free-cash
131 021
131 333
135 638
135 774

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138108
₽121797
₽121797
₽133512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 475
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
75 557
Employee

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

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

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

24 348
-
201 149
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
49 475
-
health
1 254
-
3 554
-
total
8 202
-
63 206
-
Employer

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

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

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

24 348
-
201 149
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
184 794
213 500
-
-
income
27 719
32 025
-
-
total
27 719
32 025
-
-
Dividends
157 075
181 475
-
-
withholding
23 561
27 221
-
-
total
23 561
27 221
-
-
Income
213 500
213 500
213 500
213 500
Total tax
63 841
59 246
75 557
75 557
After tax
149 659
154 254
137 943
137 943
Living cost
16 147
16 147
16 147
16 147
Free-cash
133 512
138 108
121 797
121 797

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96267
₽69218
₽86021
₽95930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 116
surtax
-
-
-
-
social contributions

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

-
-
-
74 192
total
-
-
-
102 308
Employee
36 237
-
172 526
-
surtax
-
-
296
-
social contributions
3 987
-
18 978
-
income
7 081
-
58 863
-
total
11 068
-
78 137
-
Employer
36 237
-
172 526
-
social contributions
8 606
-
40 974
-
total
8 606
-
40 974
-
Corporate
168 657
213 500
-
-
income
35 418
44 835
-
-
surtax
-
-
-
-
total
35 418
44 835
-
-
Dividends
133 239
168 665
-
-
withholding
37 307
47 227
-
-
total
37 307
47 227
-
-
Income
213 500
213 500
213 500
213 500
Total tax
92 399
92 062
119 111
102 308
After tax
121 101
121 438
94 389
111 192
Living cost
25 171
25 171
25 171
25 171
Free-cash
95 930
96 267
69 218
86 021

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108907
₽82537
₽86453
₽102798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
68 271
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
94 234
Employee
45 091
-
185 912
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
65 066
-
total
12 279
-
70 562
-
Employer
45 091
-
185 912
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
154 033
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.

23 106
32 025
-
-
total
23 106
32 025
-
-
Dividends
130 927
181 475
-
-
withholding
28 129
39 755
-
-
total
28 129
39 755
-
-
Income
213 500
213 500
213 500
213 500
Total tax
77 889
71 780
98 150
94 234
After tax
135 611
141 720
115 350
119 266
Living cost
32 813
32 813
32 813
32 813
Free-cash
102 798
108 907
82 537
86 453

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166479
₽165601
₽156702
₽160787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
40 734
Employee
21 272
-
207 100
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
20 710
-
health
979
-
1 501
-
total
5 208
-
25 434
-
Employer
21 272
-
207 100
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
188 055
213 500
-
-
income
18 805
21 350
-
-
total
18 805
21 350
-
-
Dividends
169 249
192 150
-
-
withholding
8 462
9 607
-
-
total
8 462
9 607
-
-
Income
213 500
213 500
213 500
213 500
Total tax
36 649
30 957
31 835
40 734
After tax
176 851
182 543
181 665
172 766
Living cost
16 064
16 064
16 064
16 064
Free-cash
160 787
166 479
165 601
156 702

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73752
₽95715
₽71307
₽85967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
71 433
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.

-
-
-
3 928
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.

-
-
-
6 378
trade
-
-
-
24 408
total
-
-
-
106 147
Employee

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

46 455
-
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.

211
-
3 928
-
income

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

3 820
-
71 433
-
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.

6 378
-
6 378
-
total
10 409
-
81 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 045
213 500
-
-
income
25 057
32 025
-
-
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.

1 378
1 761
-
-
chamber of commerce
386
455
-
-
trade
23 970
30 638
-
-
total
50 791
64 879
-
-
Dividends
116 253
148 621
-
-
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.

1 579
2 023
-
-
withholding
28 708
36 800
-
-
total
30 287
38 823
-
-
Income
213 500
213 500
213 500
213 500
Total tax
91 487
103 702
81 739
106 147
After tax
122 013
109 798
131 761
107 353
Living cost
36 046
36 046
36 046
36 046
Free-cash
85 967
73 752
95 715
71 307

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
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.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96265
₽53591
₽53591
₽98327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
income
-
-
-
69 968
social contributions
-
-
-
36 756
total
-
-
-
106 724
Employee
73 032
-
213 500
-
income
13 781
-
69 968
-
social contributions
6 067
-
36 756
-
total
19 848
-
106 724
-
Employer
73 032
-
213 500
-
total
-
-
-
-
Corporate
140 468
213 500
-
-
income
17 558
26 688
-
-
total
17 558
26 688
-
-
Dividends
122 909
186 812
-
-
withholding
24 582
37 362
-
-
total
24 582
37 362
-
-
Income
213 500
213 500
213 500
213 500
Total tax
61 988
64 050
106 724
106 724
After tax
151 512
149 450
106 776
106 776
Living cost
53 185
53 185
53 185
53 185
Free-cash
98 327
96 265
53 591
53 591

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99950
₽114918
₽141926
₽103213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 025
health

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

-
-
-
5 657
total
-
-
-
37 682
Employee
42 830
-
209 205
-
income
4 647
-
56 100
-
social contributions
4 291
-
4 295
-
total
8 938
-
60 395
-
Employer
42 830
-
209 205
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
166 378
213 500
-
-
income
58 233
74 725
-
-
total
58 233
74 725
-
-
Dividends
108 145
138 775
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
213 500
213 500
213 500
213 500
Total tax
76 395
79 658
64 690
37 682
After tax
137 105
133 842
148 810
175 818
Living cost
33 892
33 892
33 892
33 892
Free-cash
103 213
99 950
114 918
141 926

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99711
₽84056
₽103115
₽105264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 148
pensions
-
-
-
9 404
total
-
-
-
75 552
Employee
47 813
-
186 057
-
pensions
3 649
-
11 213
-
income
8 707
-
53 445
-
health
624
-
2 510
-
total
12 980
-
67 168
-
Employer
47 813
-
186 057
-
health
909
-
3 536
-
pensions
4 831
-
23 907
-
total
5 740
-
27 443
-
Corporate
159 948
213 500
-
-
income

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

30 390
40 566
-
-
total
30 390
40 566
-
-
Dividends
129 557
172 934
-
-
withholding
24 293
38 390
-
-
total
24 293
38 390
-
-
Income
213 500
213 500
213 500
213 500
Total tax
73 403
78 956
94 611
75 552
After tax
140 097
134 544
118 889
137 948
Living cost
34 833
34 833
34 833
34 833
Free-cash
105 264
99 711
84 056
103 115

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5273
₽95042
₽123216
₽13830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
61 121
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
67 718
Employee
35 497
-
195 029
-
pensions
3 997
-
7 227
-
income
4 870
-
47 863
-
health
4 064
-
22 331
-
total
12 931
-
77 421
-
Employer
35 497
-
195 029
-
pensions
5 772
-
10 436
-
accident
593
-
3 257
-
unemployment
870
-
4 778
-
total
7 235
-
18 471
-
Corporate
170 769
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.

153 693
192 150
-
-
total
153 693
192 150
-
-
Dividends
17 077
21 350
-
-
withholding
3 245
4 057
-
-
total
3 245
4 057
-
-
Income
213 500
213 500
213 500
213 500
Total tax
177 104
196 207
95 892
67 718
After tax
36 396
17 293
117 608
145 782
Living cost
22 566
22 566
22 566
22 566
Free-cash
13 830
-5 273
95 042
123 216

Estimated living cost  is ₽22566 per week

₽16561
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.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150715
₽144412
₽123878
₽147890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 942
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
77 009
Employee

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

20 181
-
213 500
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
35 942
-
total
7 567
-
56 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 319
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%.

19 332
21 350
-
-
total
19 332
21 350
-
-
Dividends
173 987
192 150
-
-
withholding
26 098
28 822
-
-
total
26 098
28 822
-
-
Income
213 500
213 500
213 500
213 500
Total tax
52 997
50 172
56 475
77 009
After tax
160 503
163 328
157 025
136 491
Living cost
12 613
12 613
12 613
12 613
Free-cash
147 890
150 715
144 412
123 878

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75264
₽55554
₽63224
₽71015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
213 500
social contributions
-
-
-
46 729
regional
-
-
-
5 242
municipal
-
-
-
1 501
national
-
-
-
59 610
total
-
-
-
113 082
Employee
78 675
-
213 500
-
municipal
470
-
1 370
-
national
13 295
-
53 361
-
regional
1 188
-
4 758
-
social contributions
26 529
-
61 263
-
total
41 482
-
120 752
-
Employer
78 675
-
213 500
-
total
-
-
-
-
Corporate
134 825
213 500
-
-
municipal
6 499
10 290
-
-
nationa
32 358
51 240
-
-
total
38 857
61 530
-
-
Dividends
95 968
151 970
-
-
withholding
24 952
39 512
-
-
total
24 952
39 512
-
-
Income
213 500
213 500
213 500
213 500
Total tax
105 291
101 042
120 752
113 082
After tax
108 209
112 458
92 748
100 418
Living cost
37 194
37 194
37 194
37 194
Free-cash
71 015
75 264
55 554
63 224

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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