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
₽ 214500
per

Your estimated
City
free-cash

Dresden , Germany
₽77559
₽88723
₽76397
₽102791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
trade
-
-
-
26 394
income

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

-
-
-
70 380
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 870
total
-
-
-
107 538
Employee

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

38 597
-
214 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
3 870
-
income

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

1 078
-
70 380
-
total
8 031
-
81 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 903
214 500
-
-
surtax

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

1 452
1 769
-
-
income
26 385
32 176
-
-
trade
27 704
33 784
-
-
chamber of commerce
406
462
-
-
total
55 947
68 191
-
-
Dividends
119 957
146 309
-
-
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.

1 628
1 992
-
-
withholding
29 606
36 193
-
-
total
31 234
38 185
-
-
Income
214 500
214 500
214 500
214 500
Total tax
95 212
106 376
81 144
107 538
After tax
119 288
108 124
133 356
106 962
Living cost
30 565
30 565
30 565
30 565
Free-cash
88 723
77 559
102 791
76 397

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82858
₽82009
₽72056
₽73208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
23 763
pensions
-
-
-
25 740
national
-
-
-
39 645
social contributions
-
-
-
2 306
total
-
-
-
91 454
Employee
79 044
-
185 433
-
municipal
9 763
-
24 593
-
pensions
3 162
-
7 417
-
national
15 129
-
41 464
-
total
28 054
-
73 474
-
Employer
79 044
-
185 433
-
social contributions
850
-
1 993
-
pensions
6 324
-
14 835
-
total
7 174
-
16 828
-
Corporate
123 066
214 500
-
-
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%.

24 613
42 900
-
-
total
24 613
42 900
-
-
Dividends
98 453
171 600
-
-
withholding
21 660
37 752
-
-
total
21 660
37 752
-
-
Income
214 500
214 500
214 500
214 500
Total tax
81 501
80 652
90 302
91 454
After tax
132 999
133 848
124 198
123 046
Living cost
50 990
50 990
50 990
50 990
Free-cash
82 009
82 858
73 208
72 056

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽150606
₽142328
₽56182
₽71605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
microenterprise
-
-
-
-
income
-
-
-
43 962
surtax
-
-
-
54 698
social contributions

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

-
-
-
38 664
total
-
-
-
137 324
Employee
29 487
-
167 142
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
24 236
-
income
5 249
-
37 078
-
total
8 493
-
74 543
-
Employer
29 487
-
167 142
-
social contributions

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

7 103
-
28 972
-
surtax
-
-
18 386
-
total
7 103
-
47 358
-
Corporate
177 910
214 500
-
-
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%.

35 582
42 900
-
-
total
35 582
42 900
-
-
Dividends

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

142 328
171 600
-
-
total
-
-
-
-
Income
214 500
214 500
214 500
214 500
Total tax
51 178
42 900
121 901
137 324
After tax
163 322
171 600
92 599
77 176
Living cost
20 994
20 994
20 994
20 994
Free-cash
142 328
150 606
71 605
56 182

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽64473
₽58291
₽73592
₽94932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
74 368
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
98 635
Employee
86 174
86 174
195 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
34 274
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
58 541
-
Employer
86 174
86 174
195 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
114 293
113 235
-
-
income
22 859
22 647
-
-
total
22 859
22 647
-
-
Dividends
91 433
90 589
-
-
income
19 429
19 249
-
-
withholding
13 715
13 589
-
-
total
33 144
32 838
-
-
Income
214 500
214 500
214 500
214 500
Total tax
113 936
107 754
77 295
98 635
After tax
100 564
106 746
137 205
115 865
Living cost
42 273
42 273
42 273
42 273
Free-cash
58 291
64 473
94 932
73 592

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78128
₽77252
₽68542
₽67595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
56 582
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
25 633
total
-
-
-
106 969
Employee
55 556
-
187 651
-
municipal
16 567
-
55 958
-
national
-
-
25 110
-
total
16 567
-
81 068
-
Employer
55 556
-
187 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
141 488
214 500
-
-
income
31 127
47 190
-
-
total
31 127
47 190
-
-
Dividends
110 361
167 310
-
-
withholding
33 108
50 193
-
-
total
33 108
50 193
-
-
Income
214 500
214 500
214 500
214 500
Total tax
98 259
97 383
107 916
106 969
After tax
116 241
117 117
106 584
107 531
Living cost
38 989
38 989
38 989
38 989
Free-cash
77 252
78 128
67 595
68 542

Estimated living cost  is ₽38989 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽67378
₽81560
₽66146
₽93714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
trade
-
-
-
27 568
income

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

-
-
-
70 380
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 870
total
-
-
-
108 712
Employee

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

51 174
-
214 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
3 870
-
income

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

4 397
-
70 380
-
total
11 532
-
81 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 326
214 500
-
-
surtax

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

1 348
1 769
-
-
income
24 498
32 176
-
-
trade
26 867
35 286
-
-
chamber of commerce
385
458
-
-
total
53 098
69 689
-
-
Dividends
110 227
144 812
-
-
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.

1 494
1 971
-
-
withholding
27 174
35 820
-
-
total
28 668
37 791
-
-
Income
214 500
214 500
214 500
214 500
Total tax
93 298
107 480
81 144
108 712
After tax
121 202
107 020
133 356
105 788
Living cost
39 642
39 642
39 642
39 642
Free-cash
81 560
67 378
93 714
66 146

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽123631
₽119443
₽112041
₽110253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
47 932
health
-
-
-
5 469
social contributions
-
-
-
16 327
total
-
-
-
69 728
Employee
77 596
77 596
202 076
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 435
-
income
8 148
7 183
46 971
-
total
12 691
14 942
59 092
-
Employer
77 596
77 596
202 076
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 738
-
total
4 612
7 876
12 424
-
Corporate
164 467
129 027
-
-
income
20 559
16 128
-
-
total
20 559
16 128
-
-
Dividends
143 908
112 899
-
-
withholding
24 464
19 192
-
-
total
24 464
19 192
-
-
Income
214 500
214 500
214 500
214 500
Total tax
62 326
58 138
71 516
69 728
After tax
152 174
156 362
142 984
144 772
Living cost
32 731
32 731
32 731
32 731
Free-cash
119 443
123 631
110 253
112 041

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102083
₽102463
₽130259
₽106012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
26 223
pensions
-
-
-
21 450
unemployment
-
-
-
3 218
health
-
-
-
15 015
total
-
-
-
65 906
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
179 498
-
health
1 853
737
12 565
-
income
3 236
1 288
21 944
-
pensions
2 647
1 053
17 950
-
unemployment
397
158
2 692
-
total
8 133
3 236
55 151
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
179 498
-
pensions
5 161
2 054
35 002
-
total
5 161
2 054
35 002
-
Corporate
182 872
201 913
-
-
income
16 459
18 172
-
-
total
16 459
18 172
-
-
Dividends
166 414
183 741
-
-
social contributions
32 330
35 709
-
-
withholding
31 619
34 911
-
-
total
63 949
70 620
-
-
Income
214 500
214 500
214 500
214 500
Total tax
93 702
94 082
90 153
65 906
After tax
120 798
120 418
124 347
148 594
Living cost
18 335
18 335
18 335
18 335
Free-cash
102 463
102 083
106 012
130 259

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147226
₽140955
₽90598
₽99261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
28 744
pensions
-
-
-
42 900
health
-
-
-
27 884
total
-
-
-
99 528
Employee
28 627
-
160 314
-
income
3 223
-
30 908
-
pensions
573
-
3 206
-
unemployment
458
-
2 564
-
total
4 254
-
36 678
-
Employer
28 627
-
160 314
-
unemployment
230
-
1 283
-
pensions
5 726
-
32 063
-
health
3 721
-
20 841
-
total
9 677
-
54 187
-
Corporate
176 197
214 500
-
-
income
35 240
42 900
-
-
total
35 240
42 900
-
-
Dividends
140 957
171 600
-
-
total
-
-
-
-
Income
214 500
214 500
214 500
214 500
Total tax
49 171
42 900
90 865
99 528
After tax
165 329
171 600
123 635
114 972
Living cost
24 374
24 374
24 374
24 374
Free-cash
140 955
147 226
99 261
90 598

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4697
₽13989
₽124426
₽95769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
253
income
-
-
-
61 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 003
Employee
34 719
-
195 397
-
health
3 975
-
22 373
-
income
4 763
-
47 530
-
pensions
3 909
-
7 654
-
total
12 647
-
77 557
-
Employer
34 719
-
195 397
-
accident
580
-
3 263
-
unemployment
851
-
4 787
-
pensions
5 646
-
11 053
-
total
7 077
-
19 103
-
Corporate
172 706
214 500
-
-
income

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

155 435
193 050
-
-
total
155 435
193 050
-
-
Dividends
17 270
21 450
-
-
withholding
3 281
4 076
-
-
total
3 281
4 076
-
-
Income
214 500
214 500
214 500
214 500
Total tax
178 440
197 126
96 660
68 003
After tax
36 060
17 374
117 840
146 497
Living cost
22 071
22 071
22 071
22 071
Free-cash
13 989
-4 697
95 769
124 426

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194696
₽192994
₽203276
₽162521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
214 500
microenterprise

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

-
-
-
2 145
total
-
-
-
2 145
Employee
11 349
-
214 500
-
income
2 269
-
42 900
-
total
2 269
-
42 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

203 151
214 500
-
-
total
-
-
-
-
Dividends
203 151
214 500
-
-
withholding
10 158
10 725
-
-
total
10 158
10 725
-
-
Income
214 500
214 500
214 500
214 500
Total tax
12 427
10 725
42 900
2 145
After tax
202 073
203 775
171 600
212 355
Living cost
9 079
9 079
9 079
9 079
Free-cash
192 994
194 696
162 521
203 276

Estimated living cost  is ₽9079 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽130706
₽123890
₽100104
₽98303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
36 638
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
87 507
Employee
36 640
-
175 653
-
health
513
-
2 149
-
income
6 308
-
36 036
-
pensions

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

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
50 460
-
Employer
36 640
-
175 653
-
accident
293
-
1 406
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
pensions

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

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 848
-
Corporate
168 626
214 500
-
-
income
35 412
45 044
-
-
total
35 412
45 044
-
-
Dividends
133 214
169 456
-
-
withholding
9 324
11 861
-
-
total
9 324
11 861
-
-
Income
214 500
214 500
214 500
214 500
Total tax
63 721
56 905
89 308
87 507
After tax
150 779
157 595
125 192
126 993
Living cost
26 889
26 889
26 889
26 889
Free-cash
123 890
130 706
98 303
100 104

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽68791
₽76944
₽71805
₽52587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
65 140
pensions
-
-
-
9 833
total
-
-
-
74 973
Employee
95 816
-
187 043
-
health
1 579
-
2 572
-
income
17 272
-
52 331
-
pensions
9 244
-
11 831
-
total
28 095
-
66 734
-
Employer
95 816
-
187 043
-
pensions
11 313
-
23 902
-
health
1 820
-
3 555
-
total
13 133
-
27 457
-
Corporate
105 551
214 500
-
-
income

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

20 055
40 755
-
-
total
20 055
40 755
-
-
Dividends
85 496
173 745
-
-
withholding
8 551
37 232
-
-
total
8 551
37 232
-
-
Income
214 500
214 500
214 500
214 500
Total tax
69 834
77 987
94 191
74 973
After tax
144 666
136 513
120 309
139 527
Living cost
67 722
67 722
67 722
67 722
Free-cash
76 944
68 791
52 587
71 805

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽170158
₽165468
₽159669
₽168475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
32 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 592
Employee
17 531
-
207 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
20 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
25 865
-
Employer
17 531
-
207 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
193 529
214 500
-
-
income
19 353
21 450
-
-
total
19 353
21 450
-
-
Dividends
174 176
193 050
-
-
withholding
8 709
9 653
-
-
total
8 709
9 653
-
-
Income
214 500
214 500
214 500
214 500
Total tax
35 793
31 103
32 786
41 592
After tax
178 707
183 397
181 714
172 908
Living cost
13 239
13 239
13 239
13 239
Free-cash
165 468
170 158
168 475
159 669

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽50789
₽53329
₽59908
₽81248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
74 368
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
98 635
Employee
93 558
86 174
195 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
34 274
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
58 541
-
Employer
93 558
86 174
195 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
104 561
113 235
-
-
income
20 912
22 647
-
-
total
20 912
22 647
-
-
Dividends
83 650
90 589
-
-
income
17 775
19 249
-
-
withholding
12 547
13 589
-
-
total
30 322
32 838
-
-
Income
214 500
214 500
214 500
214 500
Total tax
105 214
107 754
77 295
98 635
After tax
109 286
106 746
137 205
115 865
Living cost
55 957
55 957
55 957
55 957
Free-cash
53 329
50 789
81 248
59 908

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽123516
₽114894
₽101769
₽92475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
22 615
health
-
-
-
28 957
solidarity contribution
-
-
-
2 217
social contributions
-
-
-
34 775
total
-
-
-
88 564
Employee
35 540
-
169 474
-
social contributions
2 310
-
7 741
-
health
4 798
-
22 879
-
solidarity contribution
-
-
1 383
-
income
4 265
-
20 828
-
total
11 373
-
52 831
-
Employer
35 540
-
169 474
-
social contributions
8 885
-
29 774
-
health
3 199
-
15 253
-
total
12 084
-
45 027
-
Corporate
166 877
214 500
-
-
income
31 707
40 755
-
-
total
31 707
40 755
-
-
Dividends
135 170
173 745
-
-
withholding
20 275
26 062
-
-
total
20 275
26 062
-
-
Income
214 500
214 500
214 500
214 500
Total tax
75 439
66 817
97 858
88 564
After tax
139 061
147 683
116 642
125 936
Living cost
24 167
24 167
24 167
24 167
Free-cash
114 894
123 516
92 475
101 769

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽71862
₽66596
₽60010
₽51456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
1 312
regional
-
-
-
2 653
national
-
-
-
57 438
social contributions
-
-
-
50 506
total
-
-
-
111 909
Employee
89 684
-
214 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 379
-
municipal
475
-
1 185
-
national
15 540
-
50 684
-
total
47 102
-
120 463
-
Employer
89 684
-
214 500
-
total
-
-
-
-
Corporate
124 816
214 500
-
-
nationa
29 956
51 481
-
-
municipal
4 868
8 365
-
-
total
34 824
59 846
-
-
Dividends
89 992
154 655
-
-
withholding
23 397
40 211
-
-
total
23 397
40 211
-
-
Income
214 500
214 500
214 500
214 500
Total tax
105 323
100 057
120 463
111 909
After tax
109 177
114 443
94 037
102 591
Living cost
42 581
42 581
42 581
42 581
Free-cash
66 596
71 862
51 456
60 010

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112653
₽109512
₽78751
₽72579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
65 826
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 927
total
-
-
-
113 481
Employee
33 371
-
186 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
9 720
-
income
5 594
-
59 792
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
91 303
-
Employer
33 371
-
186 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
174 105
214 500
-
-
income
45 266
55 770
-
-
total
45 266
55 770
-
-
Dividends
128 839
158 730
-
-
withholding
19 326
23 809
-
-
total
19 326
23 809
-
-
Income
214 500
214 500
214 500
214 500
Total tax
82 720
79 579
119 653
113 481
After tax
131 780
134 921
94 847
101 019
Living cost
22 268
22 268
22 268
22 268
Free-cash
109 512
112 653
72 579
78 751

Estimated living cost  is ₽22268 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽90247
₽96936
₽93261
₽74043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
65 140
pensions
-
-
-
9 833
total
-
-
-
74 973
Employee
64 213
-
187 043
-
health
932
-
2 572
-
income
11 565
-
52 331
-
pensions
5 450
-
11 831
-
total
17 947
-
66 734
-
Employer
64 213
-
187 043
-
pensions
6 951
-
23 902
-
health
1 220
-
3 555
-
total
8 171
-
27 457
-
Corporate
142 116
214 500
-
-
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.

27 002
40 755
-
-
total
27 002
40 755
-
-
Dividends
115 114
173 745
-
-
withholding
18 178
37 232
-
-
total
18 178
37 232
-
-
Income
214 500
214 500
214 500
214 500
Total tax
71 298
77 987
94 191
74 973
After tax
143 202
136 513
120 309
139 527
Living cost
46 266
46 266
46 266
46 266
Free-cash
96 936
90 247
74 043
93 261

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21819
₽54451
₽94424
₽86217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
city
-
-
-
2 260
pensions
-
-
-
19 733
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.

-
-
-
4 290
regional
-
-
-
11 804
health
-
-
-
482
national
-
-
-
5 241
total
-
-
-
43 810
Employee
89 251
-
192 838
-
city
958
-
2 082
-
regional
2 923
-
10 456
-
health
202
-
435
-
pensions
7 498
-
15 249
-
unemployment
-
-
-
-
national
422
-
4 254
-
total
12 003
-
32 476
-
Employer
89 251
-
192 838
-
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.

1 784
-
3 857
-
unemployment
-
-
-
-
pensions
7 498
-
15 249
-
health
202
-
435
-
total
9 484
-
19 541
-
Corporate
114 783
214 500
-
-
regional
24 277
45 368
-
-
national
9 757
18 232
-
-
total
34 034
63 600
-
-
Dividends
80 749
150 900
-
-
withholding
28 262
52 815
-
-
total
28 262
52 815
-
-
Income
214 500
214 500
214 500
214 500
Total tax
83 783
116 415
52 017
43 810
After tax
130 717
98 085
162 483
170 690
Living cost
76 266
76 266
76 266
76 266
Free-cash
54 451
21 819
86 217
94 424

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59691
₽76052
₽58388
₽87128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
trade
-
-
-
28 740
income

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

-
-
-
70 380
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 870
total
-
-
-
109 884
Employee

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

60 646
-
214 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
3 870
-
income

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

7 131
-
70 380
-
total
14 418
-
81 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
153 854
214 500
-
-
surtax

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

1 270
1 769
-
-
income
23 078
32 176
-
-
trade
26 387
36 787
-
-
chamber of commerce
370
456
-
-
total
51 105
71 188
-
-
Dividends
102 751
143 312
-
-
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.

1 392
1 949
-
-
withholding
25 305
35 444
-
-
total
26 697
37 393
-
-
Income
214 500
214 500
214 500
214 500
Total tax
92 220
108 581
81 144
109 884
After tax
122 280
105 919
133 356
104 616
Living cost
46 228
46 228
46 228
46 228
Free-cash
76 052
59 691
87 128
58 388

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73582
₽79547
₽83939
₽78451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
38 314
pensions
-
-
-
34 746
other
-
-
-
6 649
health
-
-
-
10 216
surtax
-
-
-
-
social contributions
-
-
-
6 111
total
-
-
-
96 036
Employee
43 189
-
164 161
-
social contributions
1 231
-
4 676
-
surtax
-
-
-
-
income
2 549
-
34 329
-
pensions
4 883
-
12 181
-
total
8 663
-
51 186
-
Employer
43 189
-
164 161
-
other
1 490
-
6 730
-
social contributions
130
-
492
-
unemployment
1 748
-
6 649
-
pensions
7 095
-
20 370
-
health
3 024
-
16 097
-
total
13 487
-
50 338
-
Corporate
157 824
214 500
-
-
surtax
-
-
-
-
income
44 190
60 060
-
-
total
44 190
60 060
-
-
Dividends
113 634
154 440
-
-
surtax
-
-
-
-
social contributions
19 544
26 565
-
-
withholding
14 544
19 768
-
-
total
34 088
46 333
-
-
Income
214 500
214 500
214 500
214 500
Total tax
100 428
106 393
101 524
96 036
After tax
114 072
108 107
112 976
118 464
Living cost
34 525
34 525
34 525
34 525
Free-cash
79 547
73 582
78 451
83 939

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77002
₽82609
₽87359
₽81871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
38 314
pensions
-
-
-
34 746
other
-
-
-
6 649
health
-
-
-
10 216
surtax
-
-
-
-
social contributions
-
-
-
6 111
total
-
-
-
96 036
Employee
38 552
-
164 161
-
social contributions
1 099
-
4 676
-
surtax
-
-
-
-
income
1 988
-
34 329
-
pensions
4 360
-
12 181
-
total
7 447
-
51 186
-
Employer
38 552
-
164 161
-
other
1 331
-
6 730
-
social contributions
115
-
492
-
unemployment
1 561
-
6 649
-
pensions
6 335
-
20 370
-
health
2 698
-
16 097
-
total
12 040
-
50 338
-
Corporate
163 909
214 500
-
-
surtax
-
-
-
-
income
45 895
60 060
-
-
total
45 895
60 060
-
-
Dividends
118 014
154 440
-
-
surtax
-
-
-
-
social contributions
20 299
26 565
-
-
withholding
15 105
19 768
-
-
total
35 404
46 333
-
-
Income
214 500
214 500
214 500
214 500
Total tax
100 786
106 393
101 524
96 036
After tax
113 714
108 107
112 976
118 464
Living cost
31 105
31 105
31 105
31 105
Free-cash
82 609
77 002
81 871
87 359

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109464
₽109990
₽116353
₽110852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
32 176
health
-
-
-
14 971
social contributions
-
-
-
29 602
total
-
-
-
76 749
Employee
34 215
-
214 500
-
social contributions
4 722
-
29 602
-
health
2 388
-
14 971
-
income
5 707
-
37 677
-
total
12 817
-
82 250
-
Employer
34 215
-
214 500
-
total
-
-
-
-
Corporate
180 285
214 500
-
-
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%.

9 014
10 726
-
-
total
9 014
10 726
-
-
Dividends
171 271
203 774
-
-
health
11 955
14 223
-
-
social contributions
23 635
28 122
-
-
withholding
25 691
30 567
-
-
total
61 281
72 912
-
-
Income
214 500
214 500
214 500
214 500
Total tax
83 112
83 638
82 250
76 749
After tax
131 388
130 862
132 250
137 751
Living cost
21 398
21 398
21 398
21 398
Free-cash
109 990
109 464
110 852
116 353

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82777
₽81214
₽74532
₽20809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
chamber of commerce
-
-
-
858
income
-
-
-
66 337
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
104 411
Employee
50 431
40 215
176 122
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
55 332
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
76 682
-
Employer
50 431
40 215
176 122
-
accident
655
523
1 532
-
other
2 396
1 909
7 871
-
chamber of commerce
201
161
705
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 283
-
health
1 905
1 520
4 456
-
total
14 711
11 772
38 378
-
Corporate
149 358
162 512
172 292
-
income

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

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

37 340
40 628
43 074
-
total
37 340
40 628
43 074
-
Dividends
112 018
121 884
-
-
withholding
30 804
33 518
-
-
total
30 804
33 518
-
-
Income
214 500
214 500
214 500
214 500
Total tax
97 729
96 166
158 134
104 411
After tax
116 771
118 334
56 366
110 089
Living cost
35 557
35 557
35 557
35 557
Free-cash
81 214
82 777
20 809
74 532

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽81615
₽67960
₽56437
₽36671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
national
-
-
-
84 750
communal

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

-
-
-
11 360
social contributions
-
-
-
25 159
total
-
-
-
121 269
Employee

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

72 183
-
166 135
-
communal

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

3 765
-
8 665
-
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.

3 391
-
7 809
-
pensions

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

5 414
-
12 461
-
unemployment

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

628
-
1 446
-
national
22 192
-
62 289
-
total
35 390
-
92 670
-
Employer

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

72 183
-
166 135
-
accident

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

938
-
2 160
-
unemployment

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

1 053
-
2 426
-
surtax
8 185
-
18 840
-
pensions

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

6 396
-
14 721
-
health

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

4 439
-
10 218
-
total
21 011
-
48 365
-
Corporate
121 306
214 500
-
-
surtax
484
900
-
-
income
24 261
44 970
-
-
total
24 745
45 870
-
-
Dividends
96 561
168 630
-
-
withholding

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

28 600
50 221
-
-
total
28 600
50 221
-
-
Income
214 500
214 500
214 500
214 500
Total tax
109 746
96 091
141 035
121 269
After tax
104 754
118 409
73 465
93 231
Living cost
36 794
36 794
36 794
36 794
Free-cash
67 960
81 615
36 671
56 437

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106091
₽99179
₽83522
₽79287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
843
income
-
-
-
66 474
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 535
Employee
50 231
-
184 682
-
other
50
-
94
-
income
10 598
-
63 010
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
68 951
-
Employer
50 231
-
184 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
148 258
214 500
-
-
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.

22 239
32 176
-
-
total
22 239
32 176
-
-
Dividends
126 019
182 324
-
-
withholding
26 840
39 790
-
-
total
26 840
39 790
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 878
71 966
98 770
94 535
After tax
135 622
142 534
115 730
119 965
Living cost
36 443
36 443
36 443
36 443
Free-cash
99 179
106 091
79 287
83 522

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽67652
₽53852
₽47096
₽55648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
1 808
income
-
-
-
39 345
pensions
-
-
-
32 151
health
-
-
-
15 071
surtax
-
-
-
10 634
communal
-
-
-
13 556
total
-
-
-
112 565
Employee
76 419
-
191 604
-
health
3 401
-
8 527
-
surtax
4 684
-
11 743
-
income
7 381
-
45 519
-
pensions
6 113
-
15 328
-
total
21 579
-
81 117
-
Employer
76 419
-
191 604
-
accident
687
-
1 723
-
pensions
6 113
-
15 328
-
health
2 331
-
5 845
-
total
9 131
-
22 896
-
Corporate
128 950
214 500
-
-
surtax
1 354
2 252
-
-
communal
8 704
14 479
-
-
income
19 343
32 176
-
-
total
29 401
48 907
-
-
Dividends
99 549
165 593
-
-
income
30 764
18 263
-
-
withholding
14 933
24 839
-
-
total
45 697
43 102
-
-
Income
214 500
214 500
214 500
214 500
Total tax
105 808
92 009
104 013
112 565
After tax
108 692
122 491
110 487
101 935
Living cost
54 839
54 839
54 839
54 839
Free-cash
53 852
67 652
55 648
47 096

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112255
₽109044
₽78353
₽72181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
65 826
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
10 927
total
-
-
-
113 481
Employee
33 983
-
186 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
9 720
-
income
5 697
-
59 792
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
91 303
-
Employer
33 983
-
186 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
173 362
214 500
-
-
income
45 075
55 770
-
-
total
45 075
55 770
-
-
Dividends
128 287
158 730
-
-
withholding
19 244
23 809
-
-
total
19 244
23 809
-
-
Income
214 500
214 500
214 500
214 500
Total tax
82 790
79 579
119 653
113 481
After tax
131 710
134 921
94 847
101 019
Living cost
22 666
22 666
22 666
22 666
Free-cash
109 044
112 255
72 181
78 353

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽85562
₽83323
₽74732
₽66224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
1 312
regional
-
-
-
3 329
national
-
-
-
57 438
social contributions
-
-
-
50 506
total
-
-
-
112 585
Employee
55 977
-
214 500
-
social contributions
18 876
-
66 215
-
regional
754
-
3 009
-
municipal
297
-
1 185
-
national
8 868
-
50 684
-
total
28 795
-
121 093
-
Employer
55 977
-
214 500
-
total
-
-
-
-
Corporate
158 523
214 500
-
-
nationa
38 045
51 481
-
-
municipal
7 878
10 661
-
-
total
45 923
62 142
-
-
Dividends
112 600
152 359
-
-
withholding
29 276
39 613
-
-
total
29 276
39 613
-
-
Income
214 500
214 500
214 500
214 500
Total tax
103 994
101 755
121 093
112 585
After tax
110 506
112 745
93 407
101 915
Living cost
27 183
27 183
27 183
27 183
Free-cash
83 323
85 562
66 224
74 732

Estimated living cost  is ₽27183 per week

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

Source of data for Naples model

Close
Prague , Czech Republic
₽117903
₽107279
₽96156
₽86862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
22 615
health
-
-
-
28 957
solidarity contribution
-
-
-
2 217
social contributions
-
-
-
34 775
total
-
-
-
88 564
Employee
43 794
-
169 474
-
social contributions
2 847
-
7 741
-
health
5 912
-
22 879
-
solidarity contribution
-
-
1 383
-
income
5 255
-
20 828
-
total
14 014
-
52 831
-
Employer
43 794
-
169 474
-
social contributions
10 949
-
29 774
-
health
3 941
-
15 253
-
total
14 890
-
45 027
-
Corporate
155 816
214 500
-
-
income
29 605
40 755
-
-
total
29 605
40 755
-
-
Dividends
126 211
173 745
-
-
withholding
18 932
26 062
-
-
total
18 932
26 062
-
-
Income
214 500
214 500
214 500
214 500
Total tax
77 441
66 817
97 858
88 564
After tax
137 059
147 683
116 642
125 936
Living cost
29 780
29 780
29 780
29 780
Free-cash
107 279
117 903
86 862
96 156

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽86249
₽85748
₽78094
₽24222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
chamber of commerce
-
-
-
858
income
-
-
-
66 337
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
104 212
Employee
44 111
40 215
176 307
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
55 422
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
76 772
-
Employer
44 111
40 215
176 307
-
accident
573
523
1 532
-
other
2 095
1 909
7 878
-
chamber of commerce
176
161
705
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 289
-
health
1 668
1 520
4 456
-
total
12 694
11 573
38 192
-
Corporate
157 694
162 711
172 478
-
income

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

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

39 424
40 678
43 120
-
total
39 424
40 678
43 120
-
Dividends
118 270
122 033
-
-
withholding
32 524
33 558
-
-
total
32 524
33 558
-
-
Income
214 500
214 500
214 500
214 500
Total tax
96 558
96 057
158 084
104 212
After tax
117 942
118 443
56 416
110 288
Living cost
32 194
32 194
32 194
32 194
Free-cash
85 748
86 249
24 222
78 094

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽189626
₽186973
₽198206
₽157451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
214 500
microenterprise

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

-
-
-
2 145
total
-
-
-
2 145
Employee
17 686
-
214 500
-
income
3 537
-
42 900
-
total
3 537
-
42 900
-
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%.

196 814
214 500
-
-
total
-
-
-
-
Dividends
196 814
214 500
-
-
withholding
9 841
10 725
-
-
total
9 841
10 725
-
-
Income
214 500
214 500
214 500
214 500
Total tax
13 378
10 725
42 900
2 145
After tax
201 122
203 775
171 600
212 355
Living cost
14 149
14 149
14 149
14 149
Free-cash
186 973
189 626
157 451
198 206

Estimated living cost  is ₽14149 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽120617
₽112177
₽73839
₽69182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
income
-
-
-
52 992
pensions
-
-
-
39 173
unemployment
-
-
-
322
health
-
-
-
21 107
total
-
-
-
113 594
Employee

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

44 623
-
185 601
-
health
2 882
-
11 990
-
income
7 695
-
48 335
-
pensions
6 917
-
28 769
-
unemployment
63
-
260
-
total
17 557
-
89 354
-
Employer

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

44 623
-
185 601
-
unemployment
27
-
111
-
pensions
3 949
-
16 425
-
health
2 972
-
12 361
-
total
6 948
-
28 897
-
Corporate
162 929
214 500
-
-
income
30 956
40 755
-
-
total
30 956
40 755
-
-
Dividends
131 973
173 745
-
-
withholding
19 795
26 061
-
-
total
19 795
26 061
-
-
Income
214 500
214 500
214 500
214 500
Total tax
75 256
66 816
118 251
113 594
After tax
139 244
147 684
96 249
100 906
Living cost
27 067
27 067
27 067
27 067
Free-cash
112 177
120 617
69 182
73 839

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86937
₽38912
₽104672
₽157652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
41 810
social contributions
-
-
-
24 453
total
-
-
-
66 263
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
63 956
214 500
-
-
income
14 070
47 190
-
-
total
14 070
47 190
-
-
Dividends
49 886
167 310
-
-
income
10 975
36 808
-
-
total
10 975
36 808
-
-
Income
214 500
214 500
214 500
214 500
Total tax
132 023
83 998
13 283
66 263
After tax
82 477
130 502
201 217
148 237
Living cost
43 565
43 565
43 565
43 565
Free-cash
38 912
86 937
157 652
104 672

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90355
₽89337
₽80863
₽64572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
income
-
-
-
27 445
surtax
-
-
-
-
social contributions

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

-
-
-
74 539
total
-
-
-
101 984
Employee
46 411
-
173 334
-
social contributions
5 105
-
19 068
-
surtax
-
-
27
-
income
9 654
-
58 014
-
total
14 759
-
77 109
-
Employer
46 411
-
173 334
-
social contributions
11 023
-
41 166
-
total
11 023
-
41 166
-
Corporate
157 066
214 500
-
-
surtax
-
-
-
-
income
32 984
45 044
-
-
total
32 984
45 044
-
-
Dividends
124 082
169 456
-
-
withholding
34 744
47 448
-
-
total
34 744
47 448
-
-
Income
214 500
214 500
214 500
214 500
Total tax
93 510
92 492
118 275
101 984
After tax
120 990
122 008
96 225
112 516
Living cost
31 653
31 653
31 653
31 653
Free-cash
89 337
90 355
64 572
80 863

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽59368
₽66303
₽69725
₽64237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
38 314
pensions
-
-
-
34 746
other
-
-
-
6 649
health
-
-
-
10 216
surtax
-
-
-
-
social contributions
-
-
-
6 111
total
-
-
-
96 036
Employee
63 203
-
164 161
-
social contributions
1 800
-
4 676
-
surtax
-
-
-
-
income
5 515
-
34 329
-
pensions
7 149
-
12 181
-
total
14 464
-
51 186
-
Employer
63 203
-
164 161
-
other
2 181
-
6 730
-
social contributions
190
-
492
-
unemployment
2 560
-
6 649
-
pensions
10 385
-
20 370
-
health
4 424
-
16 097
-
total
19 740
-
50 338
-
Corporate
131 557
214 500
-
-
surtax
-
-
-
-
income
36 837
60 060
-
-
total
36 837
60 060
-
-
Dividends
94 721
154 440
-
-
surtax
-
-
-
-
social contributions
16 293
26 565
-
-
withholding
12 124
19 768
-
-
total
28 417
46 333
-
-
Income
214 500
214 500
214 500
214 500
Total tax
99 458
106 393
101 524
96 036
After tax
115 042
108 107
112 976
118 464
Living cost
48 739
48 739
48 739
48 739
Free-cash
66 303
59 368
64 237
69 725

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162716
₽159327
₽126374
₽132073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
10 603
social contributions
-
-
-
47 189
total
-
-
-
57 792
Employee
32 442
-
185 714
-
income
-
-
11 237
-
social contributions
2 108
-
12 070
-
total
2 108
-
23 307
-
Employer
32 442
-
185 714
-
social contributions
5 029
-
28 786
-
total
5 029
-
28 786
-
Corporate
177 029
214 500
-
-
income
17 702
21 450
-
-
total
17 702
21 450
-
-
Dividends
159 327
193 050
-
-
total
-
-
-
-
Income
214 500
214 500
214 500
214 500
Total tax
24 839
21 450
52 093
57 792
After tax
189 661
193 050
162 407
156 708
Living cost
30 334
30 334
30 334
30 334
Free-cash
159 327
162 716
132 073
126 374

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽5458
-₽5458
₽75769
-₽5458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
45 770
pensions
-
-
-
875
national
-
-
-
26 376
labour market
-
-
-
17 090
total
-
-
-
90 111
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
214 500
214 500
214 500
214 500
Total tax
171 338
171 338
171 338
90 111
After tax
43 162
43 162
43 162
124 389
Living cost
48 620
48 620
48 620
48 620
Free-cash
-5 458
-5 458
-5 458
75 769

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4371
₽14039
₽124752
₽96095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
253
income
-
-
-
61 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 003
Employee
34 207
-
195 397
-
health
3 917
-
22 373
-
income
4 693
-
47 530
-
pensions
3 852
-
7 654
-
total
12 462
-
77 557
-
Employer
34 207
-
195 397
-
accident
571
-
3 263
-
unemployment
838
-
4 787
-
pensions
5 562
-
11 053
-
total
6 971
-
19 103
-
Corporate
173 322
214 500
-
-
income

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

155 990
193 050
-
-
total
155 990
193 050
-
-
Dividends
17 332
21 450
-
-
withholding
3 293
4 076
-
-
total
3 293
4 076
-
-
Income
214 500
214 500
214 500
214 500
Total tax
178 716
197 126
96 660
68 003
After tax
35 784
17 374
117 840
146 497
Living cost
21 745
21 745
21 745
21 745
Free-cash
14 039
-4 371
96 095
124 752

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽93383
₽96501
₽94268
₽69698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
214 500
municipal
-
-
-
38 091
health
-
-
-
2 882
national
-
-
-
40 516
total
-
-
-
81 489
Employee
53 092
-
180 450
-
health
396
-
2 357
-
municipal
8 696
-
29 378
-
pensions
3 583
-
12 181
-
unemployment
797
-
2 706
-
national
877
-
25 387
-
total
14 349
-
72 009
-
Employer
53 092
-
180 450
-
accident
54
-
180
-
unemployment
345
-
1 172
-
pensions
9 211
-
31 308
-
health
408
-
1 390
-
total
10 018
-
34 050
-
Corporate
151 391
214 500
-
-
income
30 278
42 900
-
-
total
30 278
42 900
-
-
Dividends

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

90 835
128 700
-
-
national
8 261
16 308
-
-
municipal
16 350
23 166
-
-
total
24 611
39 474
-
-
Income
214 500
214 500
214 500
214 500
Total tax
79 256
82 374
106 059
81 489
After tax
135 244
132 126
108 441
133 011
Living cost
38 743
38 743
38 743
38 743
Free-cash
96 501
93 383
69 698
94 268

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132998
₽127504
₽121408
₽119620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
47 932
health
-
-
-
5 469
social contributions
-
-
-
16 327
total
-
-
-
69 728
Employee
77 596
77 596
202 076
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 435
-
income
8 449
7 183
46 971
-
total
11 984
14 942
59 092
-
Employer
77 596
77 596
202 076
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 738
-
total
3 587
7 876
12 424
-
Corporate
175 565
129 027
-
-
income
21 946
16 128
-
-
total
21 946
16 128
-
-
Dividends
153 620
112 899
-
-
withholding
26 115
19 192
-
-
total
26 115
19 192
-
-
Income
214 500
214 500
214 500
214 500
Total tax
63 632
58 138
71 516
69 728
After tax
150 868
156 362
142 984
144 772
Living cost
23 364
23 364
23 364
23 364
Free-cash
127 504
132 998
119 620
121 408

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽161605
₽156472
₽166250
₽146011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
214 500
income
-
-
-
22 128
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 228
Employee

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

23 163
-
204 638
-
health
1 969
-
8 139
-
income
1 584
-
19 625
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
42 605
-
Employer

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

23 163
-
204 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
188 953
214 500
-
-
income
17 005
19 305
-
-
total
17 005
19 305
-
-
Dividends
171 948
195 195
-
-
withholding
15 475
17 568
-
-
total
15 475
17 568
-
-
Income
214 500
214 500
214 500
214 500
Total tax
42 006
36 873
52 467
32 228
After tax
172 494
177 627
162 033
182 272
Living cost
16 022
16 022
16 022
16 022
Free-cash
156 472
161 605
146 011
166 250

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽114784
₽110328
₽92215
₽87980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
843
income
-
-
-
66 474
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 535
Employee
37 313
-
184 682
-
other
36
-
94
-
income
7 194
-
63 010
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
68 951
-
Employer
37 313
-
184 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
165 291
214 500
-
-
income

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

24 793
32 176
-
-
total
24 793
32 176
-
-
Dividends
140 498
182 324
-
-
withholding
30 171
39 790
-
-
total
30 171
39 790
-
-
Income
214 500
214 500
214 500
214 500
Total tax
76 422
71 966
98 770
94 535
After tax
138 078
142 534
115 730
119 965
Living cost
27 750
27 750
27 750
27 750
Free-cash
110 328
114 784
87 980
92 215

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽131092
₽130638
₽135050
₽134853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
73 226
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
76 694
Employee
4 198
-
212 238
-
health
210
-
503
-
income
812
-
73 120
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
74 629
-
Employer
4 198
-
212 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
209 358
214 500
-
-
income
46 059
47 190
-
-
total
46 059
47 190
-
-
Dividends
163 299
167 310
-
-
withholding
32 660
33 462
-
-
total
32 660
33 462
-
-
Income
214 500
214 500
214 500
214 500
Total tax
81 106
80 652
76 891
76 694
After tax
133 394
133 848
137 609
137 806
Living cost
2 756
2 756
2 756
2 756
Free-cash
130 638
131 092
134 853
135 050

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽137523
₽132559
₽119445
₽119446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
income
-
-
-
49 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
77 602
Employee

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

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

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

26 319
-
201 149
-
health
1 355
-
3 841
-
income
3 628
-
49 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
64 251
-
Employer

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

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

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

26 319
-
201 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
183 470
214 500
-
-
income
27 521
32 175
-
-
total
27 521
32 175
-
-
Dividends
155 950
182 325
-
-
withholding
23 392
27 349
-
-
total
23 392
27 349
-
-
Income
214 500
214 500
214 500
214 500
Total tax
64 488
59 524
77 601
77 602
After tax
150 012
154 976
136 899
136 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
132 559
137 523
119 446
119 445

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽94803
₽94438
₽85311
₽69020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
income
-
-
-
27 445
surtax
-
-
-
-
social contributions

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

-
-
-
74 539
total
-
-
-
101 984
Employee
39 166
-
173 334
-
social contributions
4 309
-
19 068
-
surtax
-
-
27
-
income
7 653
-
58 014
-
total
11 962
-
77 109
-
Employer
39 166
-
173 334
-
social contributions
9 301
-
41 166
-
total
9 301
-
41 166
-
Corporate
166 033
214 500
-
-
surtax
-
-
-
-
income
34 866
45 044
-
-
total
34 866
45 044
-
-
Dividends
131 167
169 456
-
-
withholding
36 728
47 448
-
-
total
36 728
47 448
-
-
Income
214 500
214 500
214 500
214 500
Total tax
92 857
92 492
118 275
101 984
After tax
121 643
122 008
96 225
112 516
Living cost
27 205
27 205
27 205
27 205
Free-cash
94 438
94 803
69 020
85 311

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽107069
₽100466
₽84500
₽80265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
843
income
-
-
-
66 474
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
94 535
Employee
48 736
-
184 682
-
other
48
-
94
-
income
10 179
-
63 010
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
68 951
-
Employer
48 736
-
184 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
150 226
214 500
-
-
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.

22 534
32 176
-
-
total
22 534
32 176
-
-
Dividends
127 692
182 324
-
-
withholding
27 225
39 790
-
-
total
27 225
39 790
-
-
Income
214 500
214 500
214 500
214 500
Total tax
78 569
71 966
98 770
94 535
After tax
135 931
142 534
115 730
119 965
Living cost
35 465
35 465
35 465
35 465
Free-cash
100 466
107 069
80 265
84 500

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽166026
₽159873
₽155537
₽164343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
32 175
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 592
Employee
23 001
-
207 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
20 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
25 865
-
Employer
23 001
-
207 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
186 986
214 500
-
-
income
18 699
21 450
-
-
total
18 699
21 450
-
-
Dividends
168 287
193 050
-
-
withholding
8 414
9 653
-
-
total
8 414
9 653
-
-
Income
214 500
214 500
214 500
214 500
Total tax
37 256
31 103
32 786
41 592
After tax
177 244
183 397
181 714
172 908
Living cost
17 371
17 371
17 371
17 371
Free-cash
159 873
166 026
164 343
155 537

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽71371
₽84574
₽70349
₽94397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
trade
-
-
-
24 048
income

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

-
-
-
70 380
health

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

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

-
-
-
6 894
surtax

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

-
-
-
3 870
total
-
-
-
105 192
Employee

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

50 210
-
214 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 870
-
income

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

4 129
-
70 380
-
total
11 251
-
81 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 290
214 500
-
-
surtax

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

1 356
1 769
-
-
income
24 644
32 176
-
-
trade
23 575
30 782
-
-
chamber of commerce
394
467
-
-
total
49 969
65 194
-
-
Dividends
114 321
149 306
-
-
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.

1 551
2 032
-
-
withholding
28 196
36 944
-
-
total
29 747
38 976
-
-
Income
214 500
214 500
214 500
214 500
Total tax
90 967
104 170
81 144
105 192
After tax
123 533
110 330
133 356
109 308
Living cost
38 959
38 959
38 959
38 959
Free-cash
84 574
71 371
94 397
70 349

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽92666
₽94894
₽51259
₽51259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
69 120
social contributions
-
-
-
36 637
total
-
-
-
105 757
Employee
78 935
-
214 500
-
income
14 895
-
69 120
-
social contributions
6 558
-
36 637
-
total
21 453
-
105 757
-
Employer
78 935
-
214 500
-
total
-
-
-
-
Corporate
135 565
214 500
-
-
income
16 946
26 812
-
-
total
16 946
26 812
-
-
Dividends
118 619
187 688
-
-
withholding
23 723
37 538
-
-
total
23 723
37 538
-
-
Income
214 500
214 500
214 500
214 500
Total tax
62 122
64 350
105 757
105 757
After tax
152 378
150 150
108 743
108 743
Living cost
57 484
57 484
57 484
57 484
Free-cash
94 894
92 666
51 259
51 259

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽97463
₽100990
₽138952
₽113640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
income
-
-
-
32 176
health

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

-
-
-
6 741
total
-
-
-
38 917
Employee
46 292
-
209 858
-
income
5 023
-
54 945
-
social contributions
4 638
-
4 642
-
total
9 661
-
59 587
-
Employer
46 292
-
209 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
163 570
214 500
-
-
income
57 249
75 075
-
-
total
57 249
75 075
-
-
Dividends
106 321
139 425
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
214 500
214 500
214 500
214 500
Total tax
76 879
80 406
64 229
38 917
After tax
137 621
134 094
150 271
175 583
Living cost
36 631
36 631
36 631
36 631
Free-cash
100 990
97 463
113 640
138 952

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98900
₽104897
₽101914
₽82696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
income
-
-
-
65 140
pensions
-
-
-
9 833
total
-
-
-
74 973
Employee
51 629
-
187 043
-
health
673
-
2 572
-
income
9 402
-
52 331
-
pensions
3 941
-
11 831
-
total
14 016
-
66 734
-
Employer
51 629
-
187 043
-
pensions
5 216
-
23 902
-
health
981
-
3 555
-
total
6 197
-
27 457
-
Corporate
156 674
214 500
-
-
income

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

29 767
40 755
-
-
total
29 767
40 755
-
-
Dividends
126 907
173 745
-
-
withholding
22 010
37 232
-
-
total
22 010
37 232
-
-
Income
214 500
214 500
214 500
214 500
Total tax
71 990
77 987
94 191
74 973
After tax
142 510
136 513
120 309
139 527
Living cost
37 613
37 613
37 613
37 613
Free-cash
104 897
98 900
82 696
101 914

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6524
₽13709
₽122599
₽93942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
accident
-
-
-
253
income
-
-
-
61 016
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 003
Employee
37 593
-
195 397
-
health
4 304
-
22 373
-
income
5 157
-
47 530
-
pensions
4 233
-
7 654
-
total
13 694
-
77 557
-
Employer
37 593
-
195 397
-
accident
628
-
3 263
-
unemployment
921
-
4 787
-
pensions
6 112
-
11 053
-
total
7 661
-
19 103
-
Corporate
169 246
214 500
-
-
income

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

152 322
193 050
-
-
total
152 322
193 050
-
-
Dividends
16 924
21 450
-
-
withholding
3 216
4 076
-
-
total
3 216
4 076
-
-
Income
214 500
214 500
214 500
214 500
Total tax
176 893
197 126
96 660
68 003
After tax
37 607
17 374
117 840
146 497
Living cost
23 898
23 898
23 898
23 898
Free-cash
13 709
-6 524
93 942
122 599

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽150462
₽147408
₽120566
₽142758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
214 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
35 921
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
80 303
Employee

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

21 810
-
214 500
-
work injury
109
-
403
-
income
2 181
-
35 921
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
58 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 690
214 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

19 269
21 450
-
-
total
19 269
21 450
-
-
Dividends
173 421
193 050
-
-
withholding
26 013
28 957
-
-
total
26 013
28 957
-
-
Income
214 500
214 500
214 500
214 500
Total tax
53 461
50 407
58 111
80 303
After tax
161 039
164 093
156 389
134 197
Living cost
13 631
13 631
13 631
13 631
Free-cash
147 408
150 462
142 758
120 566

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽72781
₽68191
₽59755
₽51464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
214 500
municipal
-
-
-
1 476
regional
-
-
-
5 124
national
-
-
-
57 438
social contributions
-
-
-
50 506
total
-
-
-
114 544
Employee
85 034
-
214 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 601
-
municipal
507
-
1 335
-
national
14 370
-
50 684
-
total
44 834
-
122 835
-
Employer
85 034
-
214 500
-
total
-
-
-
-
Corporate
129 466
214 500
-
-
nationa
31 073
51 481
-
-
municipal
6 241
10 339
-
-
total
37 314
61 820
-
-
Dividends
92 152
152 680
-
-
withholding
23 960
39 698
-
-
total
23 960
39 698
-
-
Income
214 500
214 500
214 500
214 500
Total tax
106 108
101 518
122 835
114 544
After tax
108 392
112 982
91 665
99 956
Living cost
40 201
40 201
40 201
40 201
Free-cash
68 191
72 781
51 464
59 755

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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