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
₽ 215500
per

Your estimated
City
free-cash

Dresden , Germany
₽90973
₽80835
₽104873
₽77645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
trade
-
-
-
27 228
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.

-
-
-
72 604
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.

-
-
-
6 263
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.

-
-
-
3 993
total
-
-
-
110 088
Employee

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

35 063
-
215 500
-
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.

54
-
3 993
-
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.

6 263
-
6 263
-
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.

979
-
72 604
-
total
7 296
-
82 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 437
215 500
-
-
trade
28 419
33 941
-
-
income
27 066
32 325
-
-
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.

1 489
1 778
-
-
chamber of commerce
398
449
-
-
total
57 372
68 493
-
-
Dividends
123 064
147 007
-
-
withholding
30 418
36 403
-
-
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.

1 674
2 002
-
-
total
32 092
38 405
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 760
106 898
82 860
110 088
After tax
118 740
108 602
132 640
105 412
Living cost
27 767
27 767
27 767
27 767
Free-cash
90 973
80 835
104 873
77 645

Estimated living cost  is ₽27767 per week

₽17466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85661
₽86459
₽75729
₽74572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
2 317
pensions
-
-
-
25 860
municipal
-
-
-
23 953
national
-
-
-
40 785
total
-
-
-
92 915
Employee
74 430
-
186 298
-
national
14 246
-
42 612
-
municipal
9 193
-
24 787
-
pensions
2 977
-
7 452
-
total
26 416
-
74 851
-
Employer
74 430
-
186 298
-
pensions
5 954
-
14 904
-
social contributions
800
-
2 003
-
total
6 754
-
16 907
-
Corporate
129 403
215 500
-
-
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%.

25 881
43 100
-
-
total
25 881
43 100
-
-
Dividends
103 523
172 400
-
-
withholding
22 775
37 928
-
-
total
22 775
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 826
81 028
91 758
92 915
After tax
133 674
134 472
123 742
122 585
Living cost
48 013
48 013
48 013
48 013
Free-cash
85 661
86 459
75 729
74 572

Estimated living cost  is ₽48013 per week

₽32634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145809
₽153327
₽75111
₽59935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
social contributions

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

-
-
-
35 124
income
-
-
-
46 416
microenterprise
-
-
-
-
surtax
-
-
-
54 953
total
-
-
-
136 493
Employee
26 787
-
170 432
-
surtax
-
-
24 712
-
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.

2 947
-
12 018
-
income
4 768
-
39 520
-
total
7 715
-
76 250
-
Employer
26 787
-
170 432
-
social contributions

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

6 452
-
26 320
-
surtax
-
-
18 747
-
total
6 452
-
45 067
-
Corporate
182 260
215 500
-
-
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%.

36 452
43 101
-
-
total
36 452
43 101
-
-
Dividends

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

145 809
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 619
43 101
121 317
136 493
After tax
164 881
172 399
94 183
79 007
Living cost
19 072
19 072
19 072
19 072
Free-cash
145 809
153 327
75 111
59 935

Estimated living cost  is ₽19072 per week

₽12167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽4655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63479
₽69094
₽99403
₽76812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 240
pensions
-
-
-
10 741
health
-
-
-
11 304
total
-
-
-
100 285
Employee
78 286
78 286
198 463
-
health
12 016
10 221
11 304
-
pensions
14 091
10 741
10 741
-
income

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

12 814
12 814
38 612
-
total
38 921
33 776
60 657
-
Employer
78 286
78 286
198 463
-
pensions
5 449
5 449
6 773
-
unemployment
2 818
2 818
3 502
-
health
5 442
5 442
6 762
-
total
13 709
13 709
17 037
-
Corporate
124 466
123 506
-
-
income
24 893
24 702
-
-
total
24 893
24 702
-
-
Dividends
99 573
98 804
-
-
withholding
14 935
14 820
-
-
income
21 160
20 996
-
-
total
36 095
35 816
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 618
108 003
77 694
100 285
After tax
101 882
107 497
137 806
115 215
Living cost
38 403
38 403
38 403
38 403
Free-cash
63 479
69 094
99 403
76 812

Estimated living cost  is ₽38403 per week

₽27216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78133
₽79000
₽68293
₽69231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
9 846
unemployment
-
-
-
85
pensions
-
-
-
9 160
municipal
-
-
-
56 942
accident
-
-
-
169
national
-
-
-
26 117
health
-
-
-
5 287
total
-
-
-
107 606
Employee
55 091
-
188 876
-
national
-
-
25 598
-
municipal
16 428
-
56 323
-
total
16 428
-
81 921
-
Employer
55 091
-
188 876
-
other
6 402
-
9 846
-
accident
110
-
169
-
pensions
5 955
-
9 160
-
unemployment
1 454
-
2 237
-
health
3 388
-
5 211
-
total
17 309
-
26 623
-
Corporate
143 099
215 500
-
-
income
31 482
47 410
-
-
total
31 482
47 410
-
-
Dividends
111 617
168 090
-
-
withholding
33 485
50 427
-
-
total
33 485
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 704
97 837
108 544
107 606
After tax
116 796
117 663
106 956
107 894
Living cost
38 663
38 663
38 663
38 663
Free-cash
78 133
79 000
68 293
69 231

Estimated living cost  is ₽38663 per week

₽25624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84361
₽71482
₽96627
₽68188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
trade
-
-
-
28 439
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.

-
-
-
72 604
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.

-
-
-
6 263
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.

-
-
-
3 993
total
-
-
-
111 299
Employee

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

46 490
-
215 500
-
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.

219
-
3 993
-
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.

6 263
-
6 263
-
income

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

3 994
-
72 604
-
total
10 476
-
82 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 010
215 500
-
-
trade
27 802
35 449
-
-
income
25 352
32 325
-
-
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.

1 395
1 778
-
-
chamber of commerce
379
445
-
-
total
54 928
69 997
-
-
Dividends
114 082
145 502
-
-
withholding
28 172
36 027
-
-
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.

1 550
1 981
-
-
total
29 722
38 008
-
-
Income
215 500
215 500
215 500
215 500
Total tax
95 126
108 005
82 860
111 299
After tax
120 374
107 495
132 640
104 201
Living cost
36 013
36 013
36 013
36 013
Free-cash
84 361
71 482
96 627
68 188

Estimated living cost  is ₽36013 per week

₽24086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123499
₽127296
₽113107
₽114854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
14 833
income
-
-
-
50 583
health
-
-
-
5 496
total
-
-
-
70 912
Employee
70 493
70 493
203 837
-
health
701
1 199
3 465
-
social contributions
3 425
5 851
7 891
-
income
7 402
6 526
49 640
-
total
11 528
13 576
60 996
-
Employer
70 493
70 493
203 837
-
social contributions
3 425
5 851
7 891
-
health
764
1 305
3 772
-
total
4 189
7 156
11 663
-
Corporate
170 048
137 852
-
-
income
21 255
17 232
-
-
total
21 255
17 232
-
-
Dividends
148 792
120 620
-
-
withholding
25 295
20 506
-
-
total
25 295
20 506
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 267
58 470
72 659
70 912
After tax
153 233
157 030
142 841
144 588
Living cost
29 734
29 734
29 734
29 734
Free-cash
123 499
127 296
113 107
114 854

Estimated living cost  is ₽29734 per week

₽20326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104071
₽103710
₽107684
₽132044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
3 232
income
-
-
-
26 345
pensions
-
-
-
21 550
health
-
-
-
15 085
total
-
-
-
66 212
Employee

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

The minimum wage is 138,000 HUF per month.

24 892
9 906
180 335
-
unemployment
373
149
2 705
-
health
1 742
693
12 623
-
pensions
2 489
991
18 033
-
income
3 043
1 211
22 046
-
total
7 647
3 044
55 407
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 892
9 906
180 335
-
pensions
4 854
1 932
35 165
-
total
4 854
1 932
35 165
-
Corporate
185 755
203 662
-
-
income
16 718
18 330
-
-
total
16 718
18 330
-
-
Dividends
169 037
185 332
-
-
withholding
32 117
35 213
-
-
social contributions
32 849
36 027
-
-
total
64 966
71 240
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 185
94 546
90 572
66 212
After tax
121 315
120 954
124 928
149 288
Living cost
17 244
17 244
17 244
17 244
Free-cash
104 071
103 710
107 684
132 044

Estimated living cost  is ₽17244 per week

₽11767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144562
₽150256
₽102069
₽93363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
28 877
pensions
-
-
-
43 101
health
-
-
-
28 016
total
-
-
-
99 994
Employee
26 006
-
161 060
-
unemployment
416
-
2 576
-
pensions
520
-
3 222
-
income
2 928
-
31 052
-
total
3 864
-
36 850
-
Employer
26 006
-
161 060
-
pensions
5 202
-
32 212
-
unemployment
209
-
1 289
-
health
3 380
-
20 937
-
total
8 791
-
54 438
-
Corporate
180 703
215 500
-
-
income
36 140
43 101
-
-
total
36 140
43 101
-
-
Dividends
144 563
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 795
43 101
91 288
99 994
After tax
166 705
172 399
124 212
115 506
Living cost
22 143
22 143
22 143
22 143
Free-cash
144 562
150 256
102 069
93 363

Estimated living cost  is ₽22143 per week

₽15187
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14302
-₽3096
₽98294
₽126582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
346
income
-
-
-
61 861
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
68 367
Employee
32 328
-
197 088
-
health
3 702
-
22 566
-
pensions
3 640
-
7 127
-
income
4 435
-
48 549
-
total
11 777
-
78 242
-
Employer
32 328
-
197 088
-
accident
540
-
3 292
-
pensions
5 257
-
10 292
-
unemployment
792
-
4 829
-
total
6 589
-
18 413
-
Corporate
176 584
215 500
-
-
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.

158 926
193 950
-
-
total
158 926
193 950
-
-
Dividends
17 658
21 550
-
-
withholding
3 355
4 095
-
-
total
3 355
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 647
198 045
96 655
68 367
After tax
34 853
17 455
118 845
147 133
Living cost
20 551
20 551
20 551
20 551
Free-cash
14 302
-3 096
98 294
126 582

Estimated living cost  is ₽20551 per week

₽15062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195876
₽197274
₽164949
₽205894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
9 314
-
215 500
-
income
1 863
-
43 100
-
total
1 863
-
43 100
-
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%.

206 186
215 500
-
-
total
-
-
-
-
Dividends
206 186
215 500
-
-
withholding
10 310
10 775
-
-
total
10 310
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 173
10 775
43 100
2 155
After tax
203 327
204 725
172 400
213 345
Living cost
7 451
7 451
7 451
7 451
Free-cash
195 876
197 274
164 949
205 894

Estimated living cost  is ₽7451 per week

₽4618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127711
₽133902
₽104660
₽106418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 621
income
-
-
-
38 442
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.

-
-
-
33 458
health
-
-
-
6 134
total
-
-
-
84 655
Employee
33 286
-
180 045
-
unemployment
332
-
1 393
-
health
466
-
1 952
-
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.

2 329
-
9 758
-
income
5 731
-
37 856
-
total
8 858
-
50 959
-
Employer
33 286
-
180 045
-
other
1 665
-
6 969
-
accident
266
-
1 440
-
pensions

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

5 659
-
23 700
-
unemployment
332
-
1 393
-
health
466
-
1 952
-
total
8 388
-
35 454
-
Corporate
173 826
215 500
-
-
income
36 504
45 254
-
-
total
36 504
45 254
-
-
Dividends
137 322
170 246
-
-
withholding
9 612
11 917
-
-
total
9 612
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 362
57 171
86 413
84 655
After tax
152 138
158 329
129 087
130 845
Living cost
24 427
24 427
24 427
24 427
Free-cash
127 711
133 902
104 660
106 418

Estimated living cost  is ₽24427 per week

₽17259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Bratislava model

Close
London , United Kingdom
₽81664
₽74355
₽58813
₽78012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 493
pensions
-
-
-
9 280
total
-
-
-
76 773
Employee
85 902
-
187 737
-
health
1 416
-
2 506
-
pensions
8 287
-
11 007
-
income
15 485
-
54 696
-
total
25 188
-
68 209
-
Employer
85 902
-
187 737
-
pensions
10 143
-
24 196
-
health
1 631
-
3 567
-
total
11 774
-
27 763
-
Corporate
117 823
215 500
-
-
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.

22 387
40 944
-
-
total
22 387
40 944
-
-
Dividends
95 437
174 556
-
-
withholding
13 772
39 486
-
-
total
13 772
39 486
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 121
80 430
95 972
76 773
After tax
142 379
135 070
119 528
138 727
Living cost
60 715
60 715
60 715
60 715
Free-cash
81 664
74 355
58 813
78 012

Estimated living cost  is ₽60715 per week

₽45495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽168170
₽172377
₽171907
₽162851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
127
income
-
-
-
32 325
pensions

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

-
-
-
4 683
health
-
-
-
3 638
total
-
-
-
40 773
Employee
15 725
-
209 293
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
health
723
-
1 455
-
pensions

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

1 381
-
2 778
-
income
1 572
-
20 929
-
total
3 849
-
25 510
-
Employer
15 725
-
209 293
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
pensions

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

1 733
-
3 486
-
unemployment
94
-
190
-
health
1 085
-
2 183
-
total
3 085
-
6 207
-
Corporate
196 689
215 500
-
-
income
19 669
21 550
-
-
total
19 669
21 550
-
-
Dividends
177 020
193 950
-
-
withholding
8 851
9 697
-
-
total
8 851
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 454
31 247
31 717
40 773
After tax
180 046
184 253
183 783
174 727
Living cost
11 876
11 876
11 876
11 876
Free-cash
168 170
172 377
171 907
162 851

Estimated living cost  is ₽11876 per week

₽6933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58968
₽56663
₽86972
₽64381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 240
pensions
-
-
-
10 741
health
-
-
-
11 304
total
-
-
-
100 285
Employee
84 993
78 286
198 463
-
health
10 603
10 221
11 304
-
pensions
10 741
10 741
10 741
-
income

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

12 814
12 814
38 612
-
total
34 158
33 776
60 657
-
Employer
84 993
78 286
198 463
-
pensions
5 915
5 449
6 773
-
unemployment
3 060
2 818
3 502
-
health
5 906
5 442
6 762
-
total
14 881
13 709
17 037
-
Corporate
115 626
123 506
-
-
income
23 126
24 702
-
-
total
23 126
24 702
-
-
Dividends
92 500
98 804
-
-
withholding
13 876
14 820
-
-
income
19 657
20 996
-
-
total
33 533
35 816
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 698
108 003
77 694
100 285
After tax
109 802
107 497
137 806
115 215
Living cost
50 834
50 834
50 834
50 834
Free-cash
58 968
56 663
86 972
64 381

Estimated living cost  is ₽50834 per week

₽37499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117395
₽125540
₽95320
₽104816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
32 854
income
-
-
-
23 033
health
-
-
-
29 092
solidarity contribution
-
-
-
2 873
total
-
-
-
87 852
Employee
33 576
-
171 900
-
solidarity contribution
-
-
2 021
-
health
4 533
-
23 207
-
social contributions
2 182
-
7 313
-
income
4 029
-
21 207
-
total
10 744
-
53 748
-
Employer
33 576
-
171 900
-
social contributions
8 394
-
28 129
-
health
3 022
-
15 471
-
total
11 416
-
43 600
-
Corporate
170 508
215 500
-
-
income
32 396
40 945
-
-
total
32 396
40 945
-
-
Dividends
138 111
174 555
-
-
withholding
20 717
26 183
-
-
total
20 717
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 273
67 128
97 348
87 852
After tax
140 227
148 372
118 152
127 648
Living cost
22 832
22 832
22 832
22 832
Free-cash
117 395
125 540
95 320
104 816

Estimated living cost  is ₽22832 per week

₽15859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71507
₽76295
₽57985
₽65756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
2 768
social contributions
-
-
-
45 882
municipal
-
-
-
1 357
national
-
-
-
61 054
total
-
-
-
111 061
Employee
81 474
-
215 500
-
national
14 118
-
54 916
-
regional
769
-
2 521
-
municipal
431
-
1 242
-
social contributions
27 473
-
60 153
-
total
42 791
-
118 832
-
Employer
81 474
-
215 500
-
total
-
-
-
-
Corporate
134 026
215 500
-
-
nationa
32 167
51 721
-
-
municipal
5 228
8 404
-
-
total
37 395
60 125
-
-
Dividends
96 632
155 375
-
-
withholding
25 124
40 397
-
-
total
25 124
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 310
100 522
118 832
111 061
After tax
110 190
114 978
96 668
104 439
Living cost
38 683
38 683
38 683
38 683
Free-cash
71 507
76 295
57 985
65 756

Estimated living cost  is ₽38683 per week

₽26965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112468
₽115320
₽75430
₽81037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
69 086
pensions
-
-
-
24 470
health
-
-
-
8 686
surtax
-
-
-
11 783
total
-
-
-
114 234
Employee
30 316
-
189 746
-
surtax
99
-
10 687
-
unemployment
2 110
-
8 516
-
other
-
-
-
-
health
774
-
3 119
-
pensions
2 022
-
8 161
-
income
5 082
-
63 604
-
total
10 087
-
94 087
-
Employer
30 316
-
189 746
-
other
-
-
-
-
pensions
4 041
-
16 309
-
unemployment
960
-
3 878
-
health
1 380
-
5 567
-
total
6 381
-
25 754
-
Corporate
178 803
215 500
-
-
income
46 489
56 030
-
-
total
46 489
56 030
-
-
Dividends
132 313
159 470
-
-
withholding
19 846
23 921
-
-
total
19 846
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 803
79 951
119 841
114 234
After tax
132 697
135 549
95 659
101 266
Living cost
20 229
20 229
20 229
20 229
Free-cash
112 468
115 320
75 430
81 037

Estimated living cost  is ₽20229 per week

₽12369
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.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99586
₽93591
₽78049
₽97248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 493
pensions
-
-
-
9 280
total
-
-
-
76 773
Employee
57 570
-
187 737
-
health
836
-
2 506
-
pensions
4 886
-
11 007
-
income
10 369
-
54 696
-
total
16 091
-
68 209
-
Employer
57 570
-
187 737
-
pensions
6 232
-
24 196
-
health
1 094
-
3 567
-
total
7 326
-
27 763
-
Corporate
150 605
215 500
-
-
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.

28 614
40 944
-
-
total
28 614
40 944
-
-
Dividends
121 990
174 556
-
-
withholding
22 404
39 486
-
-
total
22 404
39 486
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 435
80 430
95 972
76 773
After tax
141 065
135 070
119 528
138 727
Living cost
41 479
41 479
41 479
41 479
Free-cash
99 586
93 591
78 049
97 248

Estimated living cost  is ₽41479 per week

₽31076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56240
₽24606
₽89185
₽97105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other

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

-
-
-
4 311
city
-
-
-
2 271
regional
-
-
-
12 043
pensions
-
-
-
19 827
national
-
-
-
5 522
health
-
-
-
484
total
-
-
-
44 458
Employee
86 525
-
193 928
-
national
410
-
4 555
-
unemployment
-
-
-
-
city
929
-
2 096
-
regional
2 833
-
10 725
-
health
196
-
437
-
pensions
7 269
-
15 125
-
total
11 637
-
32 938
-
Employer
86 525
-
193 928
-
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.

1 730
-
3 878
-
pensions
7 269
-
15 125
-
unemployment
-
-
-
-
health
196
-
437
-
total
9 195
-
19 440
-
Corporate
118 829
215 500
-
-
regional
25 133
45 579
-
-
national
10 101
18 317
-
-
total
35 234
63 896
-
-
Dividends
83 595
151 603
-
-
withholding
29 257
53 061
-
-
total
29 257
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
85 323
116 957
52 378
44 458
After tax
130 177
98 543
163 122
171 042
Living cost
73 937
73 937
73 937
73 937
Free-cash
56 240
24 606
89 185
97 105

Estimated living cost  is ₽73937 per week

₽48080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽908
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79252
₽64389
₽90644
₽60995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
trade
-
-
-
29 649
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.

-
-
-
72 604
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.

-
-
-
6 263
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.

-
-
-
3 993
total
-
-
-
112 509
Employee

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

55 094
-
215 500
-
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.

357
-
3 993
-
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.

6 263
-
6 263
-
income

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

6 479
-
72 604
-
total
13 099
-
82 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 406
215 500
-
-
trade
27 510
36 958
-
-
income
24 062
32 325
-
-
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.

1 324
1 778
-
-
chamber of commerce
365
442
-
-
total
53 261
71 503
-
-
Dividends
107 145
143 997
-
-
withholding
26 438
35 651
-
-
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.

1 454
1 961
-
-
total
27 892
37 612
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 252
109 115
82 860
112 509
After tax
121 248
106 385
132 640
102 991
Living cost
41 996
41 996
41 996
41 996
Free-cash
79 252
64 389
90 644
60 995

Estimated living cost  is ₽41996 per week

₽30672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82661
₽77247
₽78856
₽85757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 141
income
-
-
-
41 482
pensions
-
-
-
33 277
health
-
-
-
10 798
surtax
-
-
-
-
total
-
-
-
98 378
Employee
39 235
-
163 972
-
surtax
-
-
-
-
pensions
4 436
-
12 567
-
social contributions
1 119
-
4 673
-
income
2 316
-
36 512
-
total
7 871
-
53 752
-
Employer
39 235
-
163 972
-
other
1 353
-
6 893
-
pensions
6 446
-
20 950
-
unemployment
1 588
-
6 640
-
social contributions
118
-
492
-
health
2 747
-
16 552
-
total
12 252
-
51 527
-
Corporate
164 013
215 500
-
-
income
45 924
60 341
-
-
surtax
-
-
-
-
total
45 924
60 341
-
-
Dividends
118 088
155 159
-
-
withholding
15 116
19 860
-
-
social contributions
20 311
26 687
-
-
surtax
-
-
-
-
total
35 427
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 474
106 888
105 279
98 378
After tax
114 026
108 612
110 221
117 122
Living cost
31 365
31 365
31 365
31 365
Free-cash
82 661
77 247
78 856
85 757

Estimated living cost  is ₽31365 per week

₽19777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85449
₽80355
₽81964
₽88865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 141
income
-
-
-
41 482
pensions
-
-
-
33 277
health
-
-
-
10 798
surtax
-
-
-
-
total
-
-
-
98 378
Employee
35 023
-
163 972
-
surtax
-
-
-
-
pensions
3 961
-
12 567
-
social contributions
999
-
4 673
-
income
1 806
-
36 512
-
total
6 766
-
53 752
-
Employer
35 023
-
163 972
-
other
1 209
-
6 893
-
pensions
5 755
-
20 950
-
unemployment
1 418
-
6 640
-
social contributions
104
-
492
-
health
2 451
-
16 552
-
total
10 937
-
51 527
-
Corporate
169 540
215 500
-
-
income
47 471
60 341
-
-
surtax
-
-
-
-
total
47 471
60 341
-
-
Dividends
122 069
155 159
-
-
withholding
15 624
19 860
-
-
social contributions
20 996
26 687
-
-
surtax
-
-
-
-
total
36 620
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 794
106 888
105 279
98 378
After tax
113 706
108 612
110 221
117 122
Living cost
28 257
28 257
28 257
28 257
Free-cash
85 449
80 355
81 964
88 865

Estimated living cost  is ₽28257 per week

₽16388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112514
₽112034
₽112924
₽118955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
29 740
income
-
-
-
32 325
health
-
-
-
15 041
total
-
-
-
77 106
Employee
31 083
-
215 500
-
health
2 169
-
15 041
-
social contributions
4 290
-
29 740
-
income
5 184
-
38 356
-
total
11 643
-
83 137
-
Employer
31 083
-
215 500
-
total
-
-
-
-
Corporate
184 417
215 500
-
-
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%.

9 220
10 776
-
-
total
9 220
10 776
-
-
Dividends
175 197
204 724
-
-
health
12 228
14 290
-
-
withholding
26 280
30 709
-
-
social contributions
24 176
28 252
-
-
total
62 684
73 251
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 547
84 027
83 137
77 106
After tax
131 953
131 473
132 363
138 394
Living cost
19 439
19 439
19 439
19 439
Free-cash
112 514
112 034
112 924
118 955

Estimated living cost  is ₽19439 per week

₽13009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85000
₽86419
₽24033
₽77946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
861
unemployment
-
-
-
5 623
income
-
-
-
70 582
pensions
-
-
-
19 813
health
-
-
-
8 192
surtax
-
-
-
181
total
-
-
-
105 252
Employee
45 814
36 533
179 231
-
unemployment
1 374
1 096
3 213
-
other
458
365
1 072
-
health
1 773
1 414
4 144
-
pensions
4 692
3 740
10 967
-
income
5 216
2 695
59 563
-
total
13 513
9 310
78 959
-
Employer
45 814
36 533
179 231
-
payroll
1 374
1 096
5 377
-
other
2 176
1 734
7 900
-
accident
595
475
1 392
-
pensions
5 750
4 586
13 441
-
unemployment
1 374
1 096
3 213
-
chamber of commerce
183
146
717
-
surtax
181
181
181
-
health
1 731
1 381
4 048
-
total
13 364
10 695
36 269
-
Corporate
156 321
168 271
175 752
-
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.

39 080
42 067
43 937
-
total
39 080
42 067
43 937
-
Dividends
117 241
126 204
-
-
withholding
32 241
34 707
-
-
total
32 241
34 707
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 198
96 779
159 165
105 252
After tax
117 302
118 721
56 335
110 248
Living cost
32 302
32 302
32 302
32 302
Free-cash
85 000
86 419
24 033
77 946

Estimated living cost  is ₽32302 per week

₽21544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73236
₽84318
₽39430
₽60352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
22 856
national
-
-
-
87 309
communal

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

-
-
-
11 558
total
-
-
-
121 723
Employee

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

65 575
-
166 911
-
national
20 160
-
63 535
-
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.

571
-
1 453
-
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.

3 081
-
7 844
-
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.

4 918
-
12 519
-
communal

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

3 420
-
8 705
-
total
32 150
-
94 056
-
Employer

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

65 575
-
166 911
-
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.

852
-
2 169
-
pensions

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

5 811
-
14 789
-
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.

957
-
2 437
-
surtax
7 435
-
18 928
-
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.

4 033
-
10 266
-
total
19 088
-
48 589
-
Corporate
130 838
215 500
-
-
income
26 168
46 837
-
-
surtax
524
936
-
-
total
26 692
47 773
-
-
Dividends
104 146
167 727
-
-
withholding

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

30 909
49 984
-
-
total
30 909
49 984
-
-
Income
215 500
215 500
215 500
215 500
Total tax
108 839
97 757
142 645
121 723
After tax
106 661
117 743
72 855
93 777
Living cost
33 425
33 425
33 425
33 425
Free-cash
73 236
84 318
39 430
60 352

Estimated living cost  is ₽33425 per week

₽21530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103605
₽109887
₽83381
₽87227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
69 675
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
95 166
Employee
45 633
-
188 411
-
unemployment
708
-
1 317
-
other
45
-
85
-
pensions
2 145
-
3 994
-
income
9 628
-
66 528
-
total
12 526
-
71 924
-
Employer
45 633
-
188 411
-
other
364
-
680
-
accident
903
-
1 682
-
pensions
10 769
-
20 053
-
unemployment
2 510
-
4 673
-
total
14 546
-
27 088
-
Corporate
155 322
215 500
-
-
income

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

23 298
32 325
-
-
total
23 298
32 325
-
-
Dividends
132 024
183 175
-
-
withholding
28 418
40 181
-
-
total
28 418
40 181
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 788
72 506
99 012
95 166
After tax
136 712
142 994
116 488
120 334
Living cost
33 107
33 107
33 107
33 107
Free-cash
103 605
109 887
83 381
87 227

Estimated living cost  is ₽33107 per week

₽24380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2349
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.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58801
₽71409
₽59268
₽50679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
41 442
pensions
-
-
-
32 301
accident
-
-
-
1 816
communal
-
-
-
13 620
health
-
-
-
15 140
surtax
-
-
-
10 683
total
-
-
-
115 002
Employee
69 424
-
192 496
-
surtax
4 255
-
11 797
-
health
3 090
-
8 566
-
pensions
5 553
-
15 400
-
income
6 706
-
47 646
-
total
19 604
-
83 409
-
Employer
69 424
-
192 496
-
accident
625
-
1 733
-
pensions
5 553
-
15 400
-
health
2 117
-
5 871
-
total
8 295
-
23 004
-
Corporate
137 782
215 500
-
-
income
20 667
32 325
-
-
communal
9 300
14 545
-
-
surtax
1 447
2 263
-
-
total
31 414
49 133
-
-
Dividends
106 366
166 366
-
-
withholding
15 955
24 956
-
-
income
31 612
20 183
-
-
total
47 567
45 139
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 880
94 272
106 413
115 002
After tax
108 620
121 228
109 087
100 498
Living cost
49 819
49 819
49 819
49 819
Free-cash
58 801
71 409
59 268
50 679

Estimated living cost  is ₽49819 per week

₽37372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3018
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.
₽8900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112042
₽114958
₽75068
₽80675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
69 086
pensions
-
-
-
24 470
health
-
-
-
8 686
surtax
-
-
-
11 783
total
-
-
-
114 234
Employee
30 872
-
189 746
-
surtax
110
-
10 687
-
unemployment
2 149
-
8 516
-
other
-
-
-
-
health
788
-
3 119
-
pensions
2 060
-
8 161
-
income
5 176
-
63 604
-
total
10 283
-
94 087
-
Employer
30 872
-
189 746
-
other
-
-
-
-
pensions
4 116
-
16 309
-
unemployment
979
-
3 878
-
health
1 404
-
5 567
-
total
6 499
-
25 754
-
Corporate
178 128
215 500
-
-
income
46 314
56 030
-
-
total
46 314
56 030
-
-
Dividends
131 814
159 470
-
-
withholding
19 771
23 921
-
-
total
19 771
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 867
79 951
119 841
114 234
After tax
132 633
135 549
95 659
101 266
Living cost
20 591
20 591
20 591
20 591
Free-cash
112 042
114 958
75 068
80 675

Estimated living cost  is ₽20591 per week

₽12432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86542
₽88576
₽71341
₽79068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
3 444
social contributions
-
-
-
45 882
municipal
-
-
-
1 357
national
-
-
-
61 054
total
-
-
-
111 737
Employee
50 853
-
215 500
-
national
8 056
-
54 916
-
regional
685
-
3 153
-
municipal
270
-
1 242
-
social contributions
17 148
-
60 153
-
total
26 159
-
119 464
-
Employer
50 853
-
215 500
-
total
-
-
-
-
Corporate
164 647
215 500
-
-
nationa
39 515
51 721
-
-
municipal
8 183
10 711
-
-
total
47 698
62 432
-
-
Dividends
116 949
153 068
-
-
withholding
30 406
39 797
-
-
total
30 406
39 797
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 263
102 229
119 464
111 737
After tax
111 237
113 271
96 036
103 763
Living cost
24 695
24 695
24 695
24 695
Free-cash
86 542
88 576
71 341
79 068

Estimated living cost  is ₽24695 per week

₽15358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110199
₽120237
₽90017
₽99513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
32 854
income
-
-
-
23 033
health
-
-
-
29 092
solidarity contribution
-
-
-
2 873
total
-
-
-
87 852
Employee
41 375
-
171 900
-
solidarity contribution
-
-
2 021
-
health
5 586
-
23 207
-
social contributions
2 689
-
7 313
-
income
4 965
-
21 207
-
total
13 240
-
53 748
-
Employer
41 375
-
171 900
-
social contributions
10 344
-
28 129
-
health
3 724
-
15 471
-
total
14 068
-
43 600
-
Corporate
160 058
215 500
-
-
income
30 411
40 945
-
-
total
30 411
40 945
-
-
Dividends
129 647
174 555
-
-
withholding
19 447
26 183
-
-
total
19 447
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 166
67 128
97 348
87 852
After tax
138 334
148 372
118 152
127 648
Living cost
28 135
28 135
28 135
28 135
Free-cash
110 199
120 237
90 017
99 513

Estimated living cost  is ₽28135 per week

₽20923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89119
₽89574
₽27127
₽81182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
861
unemployment
-
-
-
5 623
income
-
-
-
70 582
pensions
-
-
-
19 813
health
-
-
-
8 192
surtax
-
-
-
-
total
-
-
-
105 071
Employee
40 073
36 533
179 400
-
unemployment
1 202
1 096
3 213
-
other
400
365
1 072
-
health
1 550
1 414
4 144
-
pensions
4 104
3 740
10 967
-
income
3 570
2 695
59 648
-
total
10 826
9 310
79 044
-
Employer
40 073
36 533
179 400
-
payroll
1 202
1 096
5 383
-
other
1 903
1 734
7 907
-
accident
520
475
1 392
-
pensions
5 029
4 586
13 441
-
unemployment
1 202
1 096
3 213
-
chamber of commerce
160
146
717
-
surtax
-
-
-
-
health
1 515
1 381
4 048
-
total
11 531
10 514
36 101
-
Corporate
163 894
168 452
175 921
-
income

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

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

40 973
42 112
43 981
-
total
40 973
42 112
43 981
-
Dividends
122 922
126 340
-
-
withholding
33 804
34 743
-
-
total
33 804
34 743
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 134
96 679
159 126
105 071
After tax
118 366
118 821
56 374
110 429
Living cost
29 247
29 247
29 247
29 247
Free-cash
89 119
89 574
27 127
81 182

Estimated living cost  is ₽29247 per week

₽17545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190936
₽193113
₽160788
₽201733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
14 515
-
215 500
-
income
2 903
-
43 100
-
total
2 903
-
43 100
-
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%.

200 985
215 500
-
-
total
-
-
-
-
Dividends
200 985
215 500
-
-
withholding
10 049
10 775
-
-
total
10 049
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 952
10 775
43 100
2 155
After tax
202 548
204 725
172 400
213 345
Living cost
11 612
11 612
11 612
11 612
Free-cash
190 936
193 113
160 788
201 733

Estimated living cost  is ₽11612 per week

₽7858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116115
₽123782
₽69803
₽74482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
unemployment
-
-
-
324
income
-
-
-
55 545
pensions
-
-
-
39 355
health
-
-
-
21 205
total
-
-
-
116 429
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.

40 538
-
186 468
-
unemployment
57
-
261
-
health
2 618
-
12 046
-
pensions
6 284
-
28 903
-
income
6 991
-
50 866
-
total
15 950
-
92 076
-
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.

40 538
-
186 468
-
pensions
3 587
-
16 503
-
unemployment
24
-
111
-
health
2 700
-
12 418
-
total
6 311
-
29 032
-
Corporate
168 650
215 500
-
-
income
32 043
40 945
-
-
total
32 043
40 945
-
-
Dividends
136 607
174 555
-
-
withholding
20 492
26 184
-
-
total
20 492
26 184
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 796
67 129
121 108
116 429
After tax
140 704
148 371
94 392
99 071
Living cost
24 589
24 589
24 589
24 589
Free-cash
116 115
123 782
69 803
74 482

Estimated living cost  is ₽24589 per week

₽16875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1576
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.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46433
₽90833
₽162943
₽108651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
24 567
income
-
-
-
42 005
total
-
-
-
66 572
Employee
57 751
-
-
-
social contributions
4 736
-
675
-
income
12 739
-
-
-
total
17 475
-
675
-
Employer
57 751
-
-
-
social contributions
81 429
-
11 605
-
total
81 429
-
11 605
-
Corporate
76 319
215 500
-
-
income
16 790
47 410
-
-
total
16 790
47 410
-
-
Dividends
59 529
168 090
-
-
income
13 096
36 980
-
-
total
13 096
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
128 790
84 390
12 280
66 572
After tax
86 710
131 110
203 220
148 928
Living cost
40 277
40 277
40 277
40 277
Free-cash
46 433
90 833
162 943
108 651

Estimated living cost  is ₽40277 per week

₽26133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3788
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.
₽9842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92897
₽93822
₽66014
₽83190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
social contributions

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

-
-
-
74 886
income
-
-
-
28 669
surtax
-
-
-
-
total
-
-
-
103 555
Employee
42 163
-
174 141
-
surtax
-
-
395
-
social contributions
4 638
-
19 156
-
income
8 770
-
59 821
-
total
13 408
-
79 372
-
Employer
42 163
-
174 141
-
social contributions
10 014
-
41 359
-
total
10 014
-
41 359
-
Corporate
163 324
215 500
-
-
income
34 298
45 254
-
-
surtax
-
-
-
-
total
34 298
45 254
-
-
Dividends
129 026
170 246
-
-
withholding
36 128
47 669
-
-
total
36 128
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 848
92 923
120 731
103 555
After tax
121 652
122 577
94 769
111 945
Living cost
28 755
28 755
28 755
28 755
Free-cash
92 897
93 822
66 014
83 190

Estimated living cost  is ₽28755 per week

₽21515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70638
₽64335
₽65944
₽72845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 141
income
-
-
-
41 482
pensions
-
-
-
33 277
health
-
-
-
10 798
surtax
-
-
-
-
total
-
-
-
98 378
Employee
57 417
-
163 972
-
surtax
-
-
-
-
pensions
6 494
-
12 567
-
social contributions
1 635
-
4 673
-
income
5 010
-
36 512
-
total
13 139
-
53 752
-
Employer
57 417
-
163 972
-
other
1 981
-
6 893
-
pensions
9 434
-
20 950
-
unemployment
2 326
-
6 640
-
social contributions
172
-
492
-
health
4 019
-
16 552
-
total
17 932
-
51 527
-
Corporate
140 150
215 500
-
-
income
39 242
60 341
-
-
surtax
-
-
-
-
total
39 242
60 341
-
-
Dividends
100 908
155 159
-
-
withholding
12 917
19 860
-
-
social contributions
17 355
26 687
-
-
surtax
-
-
-
-
total
30 272
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 585
106 888
105 279
98 378
After tax
114 915
108 612
110 221
117 122
Living cost
44 277
44 277
44 277
44 277
Free-cash
70 638
64 335
65 944
72 845

Estimated living cost  is ₽44277 per week

₽29966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163313
₽166394
₽135018
₽129291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
11 242
social contributions
-
-
-
47 410
total
-
-
-
58 652
Employee
29 472
-
186 580
-
social contributions
1 915
-
12 127
-
income
-
-
11 879
-
total
1 915
-
24 006
-
Employer
29 472
-
186 580
-
social contributions
4 568
-
28 919
-
total
4 568
-
28 919
-
Corporate
181 459
215 500
-
-
income
18 147
21 549
-
-
total
18 147
21 549
-
-
Dividends
163 313
193 951
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 630
21 549
52 925
58 652
After tax
190 870
193 951
162 575
156 848
Living cost
27 557
27 557
27 557
27 557
Free-cash
163 313
166 394
135 018
129 291

Estimated living cost  is ₽27557 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2077
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9074
₽15937
₽15937
₽79856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
pensions
-
-
-
794
municipal
-
-
-
46 498
labour market
-
-
-
17 176
national
-
-
-
27 064
total
-
-
-
91 532
Employee
186 185
186 185
186 185
-
national
22 746
22 746
22 746
-
municipal
39 647
39 647
39 647
-
labour market
14 874
14 874
14 874
-
pensions
265
265
265
-
total
77 532
77 532
77 532
-
Employer
186 185
186 185
186 185
-
municipal
39 710
39 710
39 710
-
pensions
529
529
529
-
national
22 785
22 785
22 785
-
labour market
14 895
14 895
14 895
-
total
77 919
77 919
77 919
-
Corporate
15 938
-
-
-
income
3 506
-
-
-
total
3 506
-
-
-
Dividends
12 431
-
-
-
withholding
3 357
-
-
-
total
3 357
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
162 314
155 451
155 451
91 532
After tax
53 186
60 049
60 049
123 968
Living cost
44 112
44 112
44 112
44 112
Free-cash
9 074
15 937
15 937
79 856

Estimated living cost  is ₽44112 per week

₽30190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽678
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14349
-₽2793
₽98597
₽126885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
346
income
-
-
-
61 861
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
68 367
Employee
31 851
-
197 088
-
health
3 647
-
22 566
-
pensions
3 587
-
7 127
-
income
4 370
-
48 549
-
total
11 604
-
78 242
-
Employer
31 851
-
197 088
-
accident
532
-
3 292
-
pensions
5 179
-
10 292
-
unemployment
780
-
4 829
-
total
6 491
-
18 413
-
Corporate
177 158
215 500
-
-
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.

159 442
193 950
-
-
total
159 442
193 950
-
-
Dividends
17 716
21 550
-
-
withholding
3 366
4 095
-
-
total
3 366
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 903
198 045
96 655
68 367
After tax
34 597
17 455
118 845
147 133
Living cost
20 248
20 248
20 248
20 248
Free-cash
14 349
-2 793
98 597
126 885

Estimated living cost  is ₽20248 per week

₽14738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99316
₽96485
₽71268
₽95949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
215 500
municipal
-
-
-
38 261
national
-
-
-
43 157
health
-
-
-
2 937
total
-
-
-
84 355
Employee
48 231
-
181 293
-
national
797
-
27 957
-
unemployment
724
-
2 719
-
health
360
-
2 409
-
municipal
7 900
-
29 507
-
pensions
3 255
-
12 237
-
total
13 036
-
74 829
-
Employer
48 231
-
181 293
-
accident
49
-
181
-
pensions
8 368
-
31 453
-
unemployment
313
-
1 178
-
health
371
-
1 395
-
total
9 101
-
34 207
-
Corporate
158 168
215 500
-
-
income
31 634
43 101
-
-
total
31 634
43 101
-
-
Dividends

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

94 900
129 300
-
-
municipal
17 082
23 273
-
-
national
10 135
17 445
-
-
total
27 217
40 718
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 988
83 819
109 036
84 355
After tax
134 512
131 681
106 464
131 145
Living cost
35 196
35 196
35 196
35 196
Free-cash
99 316
96 485
71 268
95 949

Estimated living cost  is ₽35196 per week

₽22990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130819
₽135805
₽121616
₽123363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
14 833
income
-
-
-
50 583
health
-
-
-
5 496
total
-
-
-
70 912
Employee
70 493
70 493
203 837
-
health
546
1 199
3 465
-
social contributions
2 665
5 851
7 891
-
income
7 675
6 526
49 640
-
total
10 886
13 576
60 996
-
Employer
70 493
70 493
203 837
-
social contributions
2 665
5 851
7 891
-
health
593
1 305
3 772
-
total
3 258
7 156
11 663
-
Corporate
180 130
137 852
-
-
income
22 517
17 232
-
-
total
22 517
17 232
-
-
Dividends
157 613
120 620
-
-
withholding
26 795
20 506
-
-
total
26 795
20 506
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 456
58 470
72 659
70 912
After tax
152 044
157 030
142 841
144 588
Living cost
21 225
21 225
21 225
21 225
Free-cash
130 819
135 805
121 616
123 363

Estimated living cost  is ₽21225 per week

₽12721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159237
₽163900
₽151010
₽169398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
215 500
unemployment
-
-
-
26
income
-
-
-
22 372
pensions
-
-
-
5 831
health
-
-
-
3 318
total
-
-
-
31 547
Employee

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

21 042
-
206 541
-
unemployment
104
-
435
-
health
1 788
-
7 394
-
pensions
3 156
-
13 048
-
income
1 439
-
20 099
-
total
6 487
-
40 976
-
Employer

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

21 042
-
206 541
-
pensions
1 157
-
4 784
-
unemployment
104
-
435
-
health
905
-
3 740
-
total
2 166
-
8 959
-
Corporate
192 292
215 500
-
-
income
17 306
19 396
-
-
total
17 306
19 396
-
-
Dividends
174 986
196 104
-
-
withholding
15 749
17 649
-
-
total
15 749
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 708
37 045
49 935
31 547
After tax
173 792
178 455
165 565
183 953
Living cost
14 555
14 555
14 555
14 555
Free-cash
159 237
163 900
151 010
169 398

Estimated living cost  is ₽14555 per week

₽9286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1049
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.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113735
₽117785
₽91279
₽95125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
69 675
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
95 166
Employee
33 897
-
188 411
-
unemployment
525
-
1 317
-
other
33
-
85
-
pensions
1 594
-
3 994
-
income
6 535
-
66 528
-
total
8 687
-
71 924
-
Employer
33 897
-
188 411
-
other
271
-
680
-
accident
672
-
1 682
-
pensions
7 999
-
20 053
-
unemployment
1 865
-
4 673
-
total
10 807
-
27 088
-
Corporate
170 796
215 500
-
-
income

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

25 619
32 325
-
-
total
25 619
32 325
-
-
Dividends
145 177
183 175
-
-
withholding
31 443
40 181
-
-
total
31 443
40 181
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 556
72 506
99 012
95 166
After tax
138 944
142 994
116 488
120 334
Living cost
25 209
25 209
25 209
25 209
Free-cash
113 735
117 785
91 279
95 125

Estimated living cost  is ₽25209 per week

₽17016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132499
₽132777
₽137264
₽137385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
74 288
pensions
-
-
-
1 236
health
-
-
-
896
total
-
-
-
76 420
Employee
2 581
-
214 109
-
unemployment
26
-
62
-
health
129
-
309
-
pensions
232
-
556
-
income
499
-
74 223
-
total
886
-
75 150
-
Employer
2 581
-
214 109
-
pensions
284
-
680
-
unemployment
52
-
124
-
health
245
-
587
-
total
581
-
1 391
-
Corporate
212 338
215 500
-
-
income
46 714
47 410
-
-
total
46 714
47 410
-
-
Dividends
165 624
168 090
-
-
withholding
33 125
33 618
-
-
total
33 125
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 306
81 028
76 541
76 420
After tax
134 194
134 472
138 959
139 080
Living cost
1 695
1 695
1 695
1 695
Free-cash
132 499
132 777
137 264
137 385

Estimated living cost  is ₽1695 per week

₽1007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135368
₽139871
₽124051
₽124051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
unemployment
-
-
-
1 015
income
-
-
-
50 052
pensions
-
-
-
17 587
health
-
-
-
6 967
total
-
-
-
75 621
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.

23 868
-
203 392
-
unemployment
179
-
507
-
health
1 229
-
3 484
-
pensions
3 342
-
9 470
-
income
3 290
-
50 052
-
total
8 040
-
63 513
-
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.

23 868
-
203 392
-
pensions
2 864
-
8 117
-
unemployment
179
-
507
-
health
1 229
-
3 484
-
total
4 272
-
12 108
-
Corporate
187 359
215 500
-
-
income
28 104
32 325
-
-
total
28 104
32 325
-
-
Dividends
159 255
183 175
-
-
withholding
23 888
27 476
-
-
total
23 888
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 304
59 801
75 621
75 621
After tax
151 196
155 699
139 879
139 879
Living cost
15 828
15 828
15 828
15 828
Free-cash
135 368
139 871
124 051
124 051

Estimated living cost  is ₽15828 per week

₽10657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽97532
₽97862
₽70054
₽87230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
social contributions

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

-
-
-
74 886
income
-
-
-
28 669
surtax
-
-
-
-
total
-
-
-
103 555
Employee
35 581
-
174 141
-
surtax
-
-
395
-
social contributions
3 914
-
19 156
-
income
6 952
-
59 821
-
total
10 866
-
79 372
-
Employer
35 581
-
174 141
-
social contributions
8 450
-
41 359
-
total
8 450
-
41 359
-
Corporate
171 470
215 500
-
-
income
36 008
45 254
-
-
surtax
-
-
-
-
total
36 008
45 254
-
-
Dividends
135 462
170 246
-
-
withholding
37 929
47 669
-
-
total
37 929
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 253
92 923
120 731
103 555
After tax
122 247
122 577
94 769
111 945
Living cost
24 715
24 715
24 715
24 715
Free-cash
97 532
97 862
70 054
87 230

Estimated living cost  is ₽24715 per week

₽17505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104776
₽110776
₽84270
₽88116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
595
income
-
-
-
69 675
pensions
-
-
-
24 046
accident
-
-
-
765
total
-
-
-
95 166
Employee
44 274
-
188 411
-
unemployment
685
-
1 317
-
other
43
-
85
-
pensions
2 081
-
3 994
-
income
9 247
-
66 528
-
total
12 056
-
71 924
-
Employer
44 274
-
188 411
-
other
355
-
680
-
accident
877
-
1 682
-
pensions
10 449
-
20 053
-
unemployment
2 436
-
4 673
-
total
14 117
-
27 088
-
Corporate
157 110
215 500
-
-
income

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

23 566
32 325
-
-
total
23 566
32 325
-
-
Dividends
133 544
183 175
-
-
withholding
28 767
40 181
-
-
total
28 767
40 181
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 506
72 506
99 012
95 166
After tax
136 994
142 994
116 488
120 334
Living cost
32 218
32 218
32 218
32 218
Free-cash
104 776
110 776
84 270
88 116

Estimated living cost  is ₽32218 per week

₽23138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163150
₽168672
₽168202
₽159146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
127
income
-
-
-
32 325
pensions

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

-
-
-
4 683
health
-
-
-
3 638
total
-
-
-
40 773
Employee
20 632
-
209 293
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
health
949
-
1 455
-
pensions

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

1 811
-
2 778
-
income
2 064
-
20 929
-
total
5 051
-
25 510
-
Employer
20 632
-
209 293
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
pensions

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

2 274
-
3 486
-
unemployment
124
-
190
-
health
1 424
-
2 183
-
total
4 049
-
6 207
-
Corporate
190 820
215 500
-
-
income
19 082
21 550
-
-
total
19 082
21 550
-
-
Dividends
171 738
193 950
-
-
withholding
8 587
9 697
-
-
total
8 587
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
36 769
31 247
31 717
40 773
After tax
178 731
184 253
183 783
174 727
Living cost
15 581
15 581
15 581
15 581
Free-cash
163 150
168 672
168 202
159 146

Estimated living cost  is ₽15581 per week

₽10305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87417
₽75423
₽97247
₽72439
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
trade
-
-
-
24 808
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.

-
-
-
72 604
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.

-
-
-
6 263
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.

-
-
-
3 993
total
-
-
-
107 668
Employee

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

45 613
-
215 500
-
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.

207
-
3 993
-
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.

6 263
-
6 263
-
income

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

3 751
-
72 604
-
total
10 221
-
82 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 887
215 500
-
-
trade
24 378
30 925
-
-
income
25 483
32 325
-
-
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.

1 402
1 778
-
-
chamber of commerce
388
456
-
-
total
51 651
65 484
-
-
Dividends
118 236
150 017
-
-
withholding
29 211
37 156
-
-
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.

1 607
2 044
-
-
total
30 818
39 200
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 690
104 684
82 860
107 668
After tax
122 810
110 816
132 640
107 832
Living cost
35 393
35 393
35 393
35 393
Free-cash
87 417
75 423
97 247
72 439

Estimated living cost  is ₽35393 per week

₽24415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3808
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.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100653
₽98629
₽55027
₽55027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
37 205
income
-
-
-
71 047
total
-
-
-
108 252
Employee
71 709
-
215 500
-
social contributions
5 958
-
37 205
-
income
13 531
-
71 047
-
total
19 489
-
108 252
-
Employer
71 709
-
215 500
-
total
-
-
-
-
Corporate
143 791
215 500
-
-
income
17 974
26 937
-
-
total
17 974
26 937
-
-
Dividends
125 816
188 563
-
-
withholding
25 163
37 713
-
-
total
25 163
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 626
64 650
108 252
108 252
After tax
152 874
150 850
107 248
107 248
Living cost
52 221
52 221
52 221
52 221
Free-cash
100 653
98 629
55 027
55 027

Estimated living cost  is ₽52221 per week

₽39729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105157
₽101953
₽116650
₽144344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
health

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

-
-
-
5 553
income
-
-
-
32 325
total
-
-
-
37 878
Employee
42 054
-
211 283
-
social contributions
4 214
-
4 217
-
income
4 563
-
57 138
-
total
8 777
-
61 355
-
Employer
42 054
-
211 283
-
social contributions
4 214
-
4 217
-
total
4 214
-
4 217
-
Corporate
169 232
215 500
-
-
income
59 231
75 426
-
-
total
59 231
75 426
-
-
Dividends
110 001
140 074
-
-
social contributions
4 843
4 843
-
-
total
4 843
4 843
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 065
80 269
65 572
37 878
After tax
138 435
135 231
149 928
177 622
Living cost
33 278
33 278
33 278
33 278
Free-cash
105 157
101 953
116 650
144 344

Estimated living cost  is ₽33278 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106723
₽101349
₽85807
₽105006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 493
pensions
-
-
-
9 280
total
-
-
-
76 773
Employee
46 287
-
187 737
-
health
604
-
2 506
-
pensions
3 533
-
11 007
-
income
8 429
-
54 696
-
total
12 566
-
68 209
-
Employer
46 287
-
187 737
-
pensions
4 676
-
24 196
-
health
880
-
3 567
-
total
5 556
-
27 763
-
Corporate
163 657
215 500
-
-
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.

31 096
40 944
-
-
total
31 096
40 944
-
-
Dividends
132 562
174 556
-
-
withholding
25 838
39 486
-
-
total
25 838
39 486
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 056
80 430
95 972
76 773
After tax
140 444
135 070
119 528
138 727
Living cost
33 721
33 721
33 721
33 721
Free-cash
106 723
101 349
85 807
105 006

Estimated living cost  is ₽33721 per week

₽23132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14044
-₽4797
₽96593
₽124881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
346
income
-
-
-
61 861
pensions
-
-
-
3 887
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
68 367
Employee
35 004
-
197 088
-
health
4 008
-
22 566
-
pensions
3 941
-
7 127
-
income
4 802
-
48 549
-
total
12 751
-
78 242
-
Employer
35 004
-
197 088
-
accident
585
-
3 292
-
pensions
5 691
-
10 292
-
unemployment
857
-
4 829
-
total
7 133
-
18 413
-
Corporate
173 363
215 500
-
-
income

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

156 026
193 950
-
-
total
156 026
193 950
-
-
Dividends
17 336
21 550
-
-
withholding
3 294
4 095
-
-
total
3 294
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 204
198 045
96 655
68 367
After tax
36 296
17 455
118 845
147 133
Living cost
22 252
22 252
22 252
22 252
Free-cash
14 044
-4 797
96 593
124 881

Estimated living cost  is ₽22252 per week

₽16331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149725
₽152494
₽146659
₽126534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
215 500
unemployment
-
-
-
1 756
income
-
-
-
36 352
pensions
-
-
-
26 932
health insurance
-
-
-
10 831
work injury
-
-
-
732
total
-
-
-
76 603
Employee

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

19 781
-
215 500
-
health insurance
1 464
-
5 416
-
unemployment
237
-
878
-
work injury
99
-
366
-
pensions
3 640
-
13 466
-
income
1 978
-
36 352
-
total
7 418
-
56 478
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 719
215 500
-
-
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%.

19 572
21 550
-
-
total
19 572
21 550
-
-
Dividends
176 147
193 950
-
-
withholding
26 422
29 093
-
-
total
26 422
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 412
50 643
56 478
76 603
After tax
162 088
164 857
159 022
138 897
Living cost
12 363
12 363
12 363
12 363
Free-cash
149 725
152 494
146 659
126 534

Estimated living cost  is ₽12363 per week

₽7659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72822
₽76988
₽57644
₽65175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
5 342
social contributions
-
-
-
45 882
municipal
-
-
-
1 526
national
-
-
-
61 054
total
-
-
-
113 804
Employee
77 250
-
215 500
-
national
13 055
-
54 916
-
regional
1 166
-
4 867
-
municipal
461
-
1 399
-
social contributions
26 048
-
60 153
-
total
40 730
-
121 335
-
Employer
77 250
-
215 500
-
total
-
-
-
-
Corporate
138 250
215 500
-
-
nationa
33 179
51 721
-
-
municipal
6 663
10 388
-
-
total
39 842
62 109
-
-
Dividends
98 408
153 392
-
-
withholding
25 585
39 882
-
-
total
25 585
39 882
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 157
101 991
121 335
113 804
After tax
109 343
113 509
94 165
101 696
Living cost
36 521
36 521
36 521
36 521
Free-cash
72 822
76 988
57 644
65 175

Estimated living cost  is ₽36521 per week

₽25653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
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.
₽7802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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