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
₽78163
₽103405
₽76828
₽89288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
70 864
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.

-
-
-
3 897
health

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

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

-
-
-
6 871
trade
-
-
-
26 577
total
-
-
-
108 209
Employee

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

38 468
-
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.

59
-
3 897
-
income

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

1 075
-
70 864
-
health

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

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

6 871
-
6 871
-
total
8 005
-
81 632
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 032
215 500
-
-
income
26 554
32 326
-
-
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.

1 460
1 779
-
-
chamber of commerce
407
462
-
-
trade
27 883
33 941
-
-
total
56 304
68 508
-
-
Dividends
120 729
146 993
-
-
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.

1 639
2 000
-
-
withholding
29 801
36 366
-
-
total
31 440
38 366
-
-
Income
215 500
215 500
215 500
215 500
Total tax
95 749
106 874
81 632
108 209
After tax
119 751
108 626
133 868
107 291
Living cost
30 463
30 463
30 463
30 463
Free-cash
89 288
78 163
103 405
76 828

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽81061
₽72067
₽70910
₽80172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 820
national
-
-
-
39 182
pensions
-
-
-
25 860
total
-
-
-
91 179
Employee
82 797
-
186 298
-
municipal
10 227
-
24 654
-
pensions
3 312
-
7 452
-
national
15 847
-
41 009
-
total
29 386
-
73 115
-
Employer
82 797
-
186 298
-
pensions
6 624
-
14 904
-
social contributions
890
-
2 003
-
total
7 514
-
16 907
-
Corporate
119 725
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%.

23 945
43 100
-
-
total
23 945
43 100
-
-
Dividends
95 780
172 400
-
-
withholding
21 072
37 928
-
-
total
21 072
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 917
81 028
90 022
91 179
After tax
133 583
134 472
125 478
124 321
Living cost
53 411
53 411
53 411
53 411
Free-cash
80 172
81 061
72 067
70 910

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽151476
₽72205
₽56735
₽143226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
44 354
surtax
-
-
-
54 952
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
137 841
Employee
29 388
-
168 131
-
surtax
-
-
24 378
-
social contributions

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

3 233
-
13 185
-
income
5 231
-
37 439
-
total
8 464
-
75 002
-
Employer
29 388
-
168 131
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
18 494
-
total
7 079
-
47 369
-
Corporate
179 033
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%.

35 807
43 100
-
-
total
35 807
43 100
-
-
Dividends

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

143 225
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
51 350
43 100
122 371
137 841
After tax
164 150
172 400
93 129
77 659
Living cost
20 924
20 924
20 924
20 924
Free-cash
143 226
151 476
72 205
56 735

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽65131
₽95709
₽74173
₽58970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 009
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
99 195
Employee
85 887
85 887
196 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
34 782
-
health
13 183
11 213
12 402
-
total
42 701
37 055
58 968
-
Employer
85 887
85 887
196 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
115 627
114 573
-
-
income
23 125
22 915
-
-
total
23 125
22 915
-
-
Dividends
92 503
91 659
-
-
income
19 657
19 477
-
-
withholding
13 875
13 750
-
-
total
33 532
33 227
-
-
Income
215 500
215 500
215 500
215 500
Total tax
114 398
108 237
77 659
99 195
After tax
101 102
107 263
137 841
116 305
Living cost
42 132
42 132
42 132
42 132
Free-cash
58 970
65 131
95 709
74 173

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽76457
₽66380
₽67381
₽75532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
56 460
national
-
-
-
24 291
pensions
-
-
-
9 762
total
-
-
-
106 913
Employee
58 715
-
187 125
-
municipal
17 509
-
55 801
-
national
-
-
23 738
-
total
17 509
-
79 539
-
Employer
58 715
-
187 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
138 337
215 500
-
-
income
30 434
47 410
-
-
total
30 434
47 410
-
-
Dividends
107 903
168 090
-
-
withholding
32 371
50 427
-
-
total
32 371
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 762
97 837
107 914
106 913
After tax
116 738
117 663
107 586
108 587
Living cost
41 206
41 206
41 206
41 206
Free-cash
75 532
76 457
66 380
67 381

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽68008
₽94358
₽66601
₽82140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
70 864
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.

-
-
-
3 897
health

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

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

-
-
-
6 871
trade
-
-
-
27 757
total
-
-
-
109 389
Employee

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

51 004
-
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.

240
-
3 897
-
income

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

4 382
-
70 864
-
health

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

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

6 871
-
6 871
-
total
11 493
-
81 632
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 496
215 500
-
-
income
24 674
32 326
-
-
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.

1 357
1 779
-
-
chamber of commerce
387
460
-
-
trade
27 060
35 450
-
-
total
53 478
70 015
-
-
Dividends
111 018
145 485
-
-
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.

1 506
1 979
-
-
withholding
27 373
35 988
-
-
total
28 879
37 967
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 850
107 982
81 632
109 389
After tax
121 650
107 518
133 868
106 111
Living cost
39 510
39 510
39 510
39 510
Free-cash
82 140
68 008
94 358
66 601

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽124462
₽110964
₽112753
₽120293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 358
social contributions
-
-
-
16 273
health
-
-
-
5 495
total
-
-
-
70 126
Employee
77 337
77 337
203 085
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
47 392
-
health
769
1 315
3 453
-
total
12 648
14 893
59 502
-
Employer
77 337
77 337
203 085
-
health
838
1 431
3 756
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 413
-
Corporate
165 634
130 313
-
-
income
20 704
16 290
-
-
total
20 704
16 290
-
-
Dividends
144 930
114 023
-
-
withholding
24 638
19 384
-
-
total
24 638
19 384
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 586
58 417
71 915
70 126
After tax
152 914
157 083
143 585
145 374
Living cost
32 621
32 621
32 621
32 621
Free-cash
120 293
124 462
110 964
112 753

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽102525
₽106473
₽130833
₽102908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 345
unemployment
-
-
-
3 232
health
-
-
-
15 085
pensions
-
-
-
21 550
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.

26 641
10 603
180 335
-
unemployment
400
159
2 705
-
pensions
2 664
1 060
18 033
-
income
3 257
1 296
22 046
-
health
1 865
742
12 623
-
total
8 186
3 257
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.

26 641
10 603
180 335
-
pensions
5 195
2 068
35 165
-
total
5 195
2 068
35 165
-
Corporate
183 664
202 830
-
-
income
16 530
18 255
-
-
total
16 530
18 255
-
-
Dividends
167 135
184 575
-
-
social contributions
32 470
35 871
-
-
withholding
31 756
35 069
-
-
total
64 226
70 940
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 137
94 520
90 572
66 212
After tax
121 363
120 980
124 928
149 288
Living cost
18 455
18 455
18 455
18 455
Free-cash
102 908
102 525
106 473
130 833

Estimated living cost  is ₽18455 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽148108
₽99920
₽91217
₽141859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 014
pensions
-
-
-
43 100
total
-
-
-
99 991
Employee
28 531
-
161 061
-
unemployment
456
-
2 577
-
pensions
571
-
3 222
-
income
3 212
-
31 053
-
total
4 239
-
36 852
-
Employer
28 531
-
161 061
-
health
3 708
-
20 937
-
pensions
5 707
-
32 211
-
unemployment
229
-
1 288
-
total
9 644
-
54 436
-
Corporate
177 324
215 500
-
-
income
35 466
43 100
-
-
total
35 466
43 100
-
-
Dividends
141 859
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
49 349
43 100
91 288
99 991
After tax
166 151
172 400
124 212
115 509
Living cost
24 292
24 292
24 292
24 292
Free-cash
141 859
148 108
99 920
91 217

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽4945
₽95925
₽124787
₽14020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
61 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
68 313
Employee
35 237
-
196 199
-
pensions
3 968
-
7 768
-
income
4 834
-
47 641
-
health
4 035
-
22 465
-
total
12 837
-
77 874
-
Employer
35 237
-
196 199
-
pensions
5 730
-
11 218
-
accident
588
-
3 276
-
unemployment
863
-
4 807
-
total
7 181
-
19 301
-
Corporate
173 082
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.

155 774
193 950
-
-
total
155 774
193 950
-
-
Dividends
17 308
21 550
-
-
withholding
3 288
4 095
-
-
total
3 288
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 080
198 045
97 175
68 313
After tax
36 420
17 455
118 325
147 187
Living cost
22 400
22 400
22 400
22 400
Free-cash
14 020
-4 945
95 925
124 787

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽196585
₽164260
₽205205
₽195059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
215 500
-
income
2 035
-
43 100
-
total
2 035
-
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%.

205 326
215 500
-
-
total
-
-
-
-
Dividends
205 326
215 500
-
-
withholding
10 266
10 775
-
-
total
10 266
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 301
10 775
43 100
2 155
After tax
203 199
204 725
172 400
213 345
Living cost
8 140
8 140
8 140
8 140
Free-cash
195 059
196 585
164 260
205 205

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽131529
₽99253
₽101056
₽124734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 945
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
87 645
Employee
36 518
-
176 769
-
unemployment
365
-
1 529
-
pensions

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

2 556
-
10 705
-
income
6 287
-
36 342
-
health
512
-
2 141
-
total
9 720
-
50 717
-
Employer
36 518
-
176 769
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 414
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 731
-
Corporate
169 779
215 500
-
-
income
35 654
45 255
-
-
total
35 654
45 255
-
-
Dividends
134 125
170 245
-
-
withholding
9 388
11 917
-
-
total
9 388
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 967
57 172
89 448
87 645
After tax
151 533
158 328
126 052
127 855
Living cost
26 799
26 799
26 799
26 799
Free-cash
124 734
131 529
99 253
101 056

Estimated living cost  is ₽26799 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽69955
₽53797
₽73083
₽78004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 775
pensions
-
-
-
9 783
total
-
-
-
75 558
Employee
94 595
-
187 887
-
pensions
9 126
-
11 744
-
income
17 052
-
52 917
-
health
1 559
-
2 572
-
total
27 737
-
67 233
-
Employer
94 595
-
187 887
-
health
1 797
-
3 569
-
pensions
11 169
-
24 042
-
total
12 966
-
27 611
-
Corporate
107 939
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.

20 508
40 944
-
-
total
20 508
40 944
-
-
Dividends
87 431
174 556
-
-
withholding
9 426
37 742
-
-
total
9 426
37 742
-
-
Income
215 500
215 500
215 500
215 500
Total tax
70 637
78 686
94 844
75 558
After tax
144 863
136 814
120 656
139 942
Living cost
66 859
66 859
66 859
66 859
Free-cash
78 004
69 955
53 797
73 083

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽171047
₽169439
₽160577
₽166367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 325
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 718
Employee
17 485
-
208 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
20 860
-
health
804
-
1 618
-
total
4 280
-
25 954
-
Employer
17 485
-
208 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
194 584
215 500
-
-
income
19 459
21 550
-
-
total
19 459
21 550
-
-
Dividends
175 125
193 950
-
-
withholding
8 757
9 698
-
-
total
8 757
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 928
31 248
32 856
41 718
After tax
179 572
184 252
182 644
173 782
Living cost
13 205
13 205
13 205
13 205
Free-cash
166 367
171 047
169 439
160 577

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽51493
₽82071
₽60535
₽54025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 009
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
99 195
Employee
93 245
85 887
196 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
34 782
-
health
11 633
11 213
12 402
-
total
37 475
37 055
58 968
-
Employer
93 245
85 887
196 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
105 928
114 573
-
-
income
21 185
22 915
-
-
total
21 185
22 915
-
-
Dividends
84 743
91 659
-
-
income
18 008
19 477
-
-
withholding
12 711
13 750
-
-
total
30 719
33 227
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 705
108 237
77 659
99 195
After tax
109 795
107 263
137 841
116 305
Living cost
55 770
55 770
55 770
55 770
Free-cash
54 025
51 493
82 071
60 535

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽123379
₽91717
₽100973
₽114462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 567
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 910
health
-
-
-
29 093
total
-
-
-
89 534
Employee
36 754
-
169 458
-
solidarity contribution
-
-
1 079
-
social contributions
2 389
-
8 006
-
income
4 411
-
20 786
-
health
4 962
-
22 877
-
total
11 762
-
52 748
-
Employer
36 754
-
169 458
-
health
3 308
-
15 251
-
social contributions
9 189
-
30 791
-
total
12 497
-
46 042
-
Corporate
166 249
215 500
-
-
income
31 587
40 945
-
-
total
31 587
40 945
-
-
Dividends
134 662
174 555
-
-
withholding
20 199
26 183
-
-
total
20 199
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 045
67 128
98 790
89 534
After tax
139 455
148 372
116 710
125 966
Living cost
24 993
24 993
24 993
24 993
Free-cash
114 462
123 379
91 717
100 973

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽72540
₽52217
₽60743
₽67288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
2 675
municipal
-
-
-
1 321
national
-
-
-
57 985
total
-
-
-
112 318
Employee
89 385
-
215 500
-
municipal
473
-
1 197
-
national
15 488
-
51 252
-
regional
843
-
2 402
-
social contributions
30 141
-
65 993
-
total
46 945
-
120 844
-
Employer
89 385
-
215 500
-
total
-
-
-
-
Corporate
126 115
215 500
-
-
municipal
4 918
8 405
-
-
nationa
30 268
51 719
-
-
total
35 186
60 124
-
-
Dividends
90 929
155 375
-
-
withholding
23 642
40 397
-
-
total
23 642
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 773
100 521
120 844
112 318
After tax
109 727
114 979
94 656
103 182
Living cost
42 439
42 439
42 439
42 439
Free-cash
67 288
72 540
52 217
60 743

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽113356
₽73130
₽79278
₽110225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 379
other
-
-
-
-
surtax
-
-
-
11 045
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
114 029
Employee
33 259
-
187 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
9 841
-
income
5 575
-
60 363
-
health
849
-
3 422
-
total
11 066
-
91 922
-
Employer
33 259
-
187 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
175 240
215 500
-
-
income
45 562
56 031
-
-
total
45 562
56 031
-
-
Dividends
129 678
159 469
-
-
withholding
19 452
23 920
-
-
total
19 452
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 082
79 951
120 177
114 029
After tax
132 418
135 549
95 323
101 471
Living cost
22 193
22 193
22 193
22 193
Free-cash
110 225
113 356
73 130
79 278

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽91138
₽74980
₽94266
₽97742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 775
pensions
-
-
-
9 783
total
-
-
-
75 558
Employee
63 395
-
187 887
-
pensions
5 381
-
11 744
-
income
11 418
-
52 917
-
health
920
-
2 572
-
total
17 719
-
67 233
-
Employer
63 395
-
187 887
-
health
1 204
-
3 569
-
pensions
6 863
-
24 042
-
total
8 067
-
27 611
-
Corporate
144 038
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.

27 367
40 944
-
-
total
27 367
40 944
-
-
Dividends
116 671
174 556
-
-
withholding
18 929
37 742
-
-
total
18 929
37 742
-
-
Income
215 500
215 500
215 500
215 500
Total tax
72 082
78 686
94 844
75 558
After tax
143 418
136 814
120 656
139 942
Living cost
45 676
45 676
45 676
45 676
Free-cash
97 742
91 138
74 980
94 266

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽18800
₽83640
₽92256
₽52918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 309
regional
-
-
-
11 642
health
-
-
-
485
city
-
-
-
2 271
national
-
-
-
4 966
pensions
-
-
-
19 826
total
-
-
-
43 499
Employee
93 322
-
193 519
-
unemployment
-
-
-
-
pensions
7 840
-
15 545
-
national
442
-
3 946
-
regional
3 056
-
10 249
-
city
1 002
-
2 087
-
health
211
-
436
-
total
12 551
-
32 263
-
Employer
93 322
-
193 519
-
health
211
-
436
-
pensions
7 840
-
15 545
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 866
-
3 871
-
total
9 917
-
19 852
-
Corporate
111 235
215 500
-
-
regional
23 527
45 577
-
-
national
9 454
18 317
-
-
total
32 981
63 894
-
-
Dividends
78 253
151 606
-
-
withholding
27 388
53 061
-
-
total
27 388
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 837
116 955
52 115
43 499
After tax
132 663
98 545
163 385
172 001
Living cost
79 745
79 745
79 745
79 745
Free-cash
52 918
18 800
83 640
92 256

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽60337
₽87794
₽58856
₽76648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
70 864
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.

-
-
-
3 897
health

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

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

-
-
-
6 871
trade
-
-
-
28 938
total
-
-
-
110 570
Employee

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

60 444
-
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.

391
-
3 897
-
income

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

7 108
-
70 864
-
health

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

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

6 871
-
6 871
-
total
14 370
-
81 632
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 056
215 500
-
-
income
23 258
32 326
-
-
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.

1 279
1 779
-
-
chamber of commerce
370
456
-
-
trade
26 592
36 958
-
-
total
51 499
71 519
-
-
Dividends
103 557
143 981
-
-
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.

1 403
1 958
-
-
withholding
25 506
35 612
-
-
total
26 909
37 570
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 778
109 089
81 632
110 570
After tax
122 722
106 411
133 868
104 930
Living cost
46 074
46 074
46 074
46 074
Free-cash
76 648
60 337
87 794
58 856

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽74203
₽78819
₽84445
₽80142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 742
other
-
-
-
6 680
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 310
pensions
-
-
-
34 773
total
-
-
-
96 645
Employee
43 044
-
164 848
-
pensions
4 867
-
12 265
-
surtax
-
-
-
-
social contributions
1 227
-
4 697
-
income
2 540
-
34 657
-
total
8 634
-
51 619
-
Employer
43 044
-
164 848
-
health
3 014
-
16 203
-
pensions
7 071
-
20 507
-
unemployment
1 743
-
6 676
-
social contributions
130
-
494
-
other
1 485
-
6 772
-
total
13 443
-
50 652
-
Corporate
159 013
215 500
-
-
income
44 524
60 340
-
-
surtax
-
-
-
-
total
44 524
60 340
-
-
Dividends
114 490
155 160
-
-
surtax
-
-
-
-
social contributions
19 693
26 686
-
-
withholding
14 654
19 861
-
-
total
34 347
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 948
106 887
102 271
96 645
After tax
114 552
108 613
113 229
118 855
Living cost
34 410
34 410
34 410
34 410
Free-cash
80 142
74 203
78 819
84 445

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽77612
₽82228
₽87854
₽83198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 742
other
-
-
-
6 680
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 310
pensions
-
-
-
34 773
total
-
-
-
96 645
Employee
38 423
-
164 848
-
pensions
4 346
-
12 265
-
surtax
-
-
-
-
social contributions
1 096
-
4 697
-
income
1 981
-
34 657
-
total
7 423
-
51 619
-
Employer
38 423
-
164 848
-
health
2 689
-
16 203
-
pensions
6 314
-
20 507
-
unemployment
1 556
-
6 676
-
social contributions
115
-
494
-
other
1 326
-
6 772
-
total
12 000
-
50 652
-
Corporate
165 077
215 500
-
-
income
46 222
60 340
-
-
surtax
-
-
-
-
total
46 222
60 340
-
-
Dividends
118 855
155 160
-
-
surtax
-
-
-
-
social contributions
20 443
26 686
-
-
withholding
15 213
19 861
-
-
total
35 656
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 301
106 887
102 271
96 645
After tax
114 199
108 613
113 229
118 855
Living cost
31 001
31 001
31 001
31 001
Free-cash
83 198
77 612
82 228
87 854

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽110147
₽111496
₽117065
₽110669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 326
social contributions
-
-
-
29 740
health
-
-
-
15 042
total
-
-
-
77 108
Employee
34 101
-
215 500
-
social contributions
4 707
-
29 740
-
income
5 688
-
37 895
-
health
2 380
-
15 042
-
total
12 775
-
82 677
-
Employer
34 101
-
215 500
-
total
-
-
-
-
Corporate
181 399
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%.

9 070
10 776
-
-
total
9 070
10 776
-
-
Dividends
172 330
204 724
-
-
social contributions
23 781
28 251
-
-
withholding
25 850
30 709
-
-
health
12 028
14 290
-
-
total
61 659
73 250
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 504
84 026
82 677
77 108
After tax
131 996
131 474
132 823
138 392
Living cost
21 327
21 327
21 327
21 327
Free-cash
110 669
110 147
111 496
117 065

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽83434
₽21173
₽75133
₽81875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 973
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
863
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
104 928
Employee
50 263
40 080
177 133
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
55 914
-
health
1 945
1 552
4 546
-
total
14 824
10 214
77 193
-
Employer
50 263
40 080
177 133
-
chamber of commerce
200
160
708
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 314
-
other
2 388
1 903
7 907
-
total
14 662
11 732
38 366
-
Corporate
150 575
163 685
173 316
-
income

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

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

37 643
40 922
43 329
-
total
37 643
40 922
43 329
-
Dividends
112 932
122 763
-
-
withholding
31 057
33 759
-
-
total
31 057
33 759
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 186
96 627
158 888
104 928
After tax
117 314
118 873
56 612
110 572
Living cost
35 439
35 439
35 439
35 439
Free-cash
81 875
83 434
21 173
75 133

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽82188
₽37061
₽57005
₽68686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 425
social contributions
-
-
-
25 075
national
-
-
-
85 324
total
-
-
-
121 824
Employee

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

71 942
-
166 911
-
unemployment

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

626
-
1 452
-
communal

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

3 752
-
8 705
-
pensions

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

5 396
-
12 518
-
national
22 118
-
62 659
-
health

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

3 380
-
7 846
-
total
35 272
-
93 180
-
Employer

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

71 942
-
166 911
-
health

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

4 424
-
10 264
-
pensions

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

6 375
-
14 788
-
accident

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

935
-
2 170
-
unemployment

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

1 050
-
2 437
-
surtax
8 157
-
18 929
-
total
20 941
-
48 588
-
Corporate
122 617
215 500
-
-
income
24 524
45 318
-
-
surtax
491
907
-
-
total
25 015
46 225
-
-
Dividends
97 603
169 276
-
-
withholding

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

28 915
50 416
-
-
total
28 915
50 416
-
-
Income
215 500
215 500
215 500
215 500
Total tax
110 143
96 641
141 768
121 824
After tax
105 357
118 859
73 732
93 676
Living cost
36 671
36 671
36 671
36 671
Free-cash
68 686
82 188
37 061
57 005

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽106859
₽79967
₽84185
₽99970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
67 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 993
Employee
50 064
-
185 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
63 572
-
total
13 743
-
69 493
-
Employer
50 064
-
185 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
149 479
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.

22 422
32 326
-
-
total
22 422
32 326
-
-
Dividends
127 056
183 174
-
-
withholding
27 085
39 993
-
-
total
27 085
39 993
-
-
Income
215 500
215 500
215 500
215 500
Total tax
79 208
72 319
99 211
94 993
After tax
136 292
143 181
116 289
120 507
Living cost
36 322
36 322
36 322
36 322
Free-cash
99 970
106 859
79 967
84 185

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽68267
₽56187
₽47594
₽54496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 620
accident
-
-
-
1 817
income
-
-
-
39 687
surtax
-
-
-
10 684
health
-
-
-
15 141
pensions
-
-
-
32 301
total
-
-
-
113 250
Employee
76 164
-
192 496
-
pensions
6 092
-
15 400
-
surtax
4 668
-
11 797
-
income
7 357
-
45 890
-
health
3 390
-
8 566
-
total
21 507
-
81 653
-
Employer
76 164
-
192 496
-
health
2 323
-
5 871
-
pensions
6 092
-
15 400
-
accident
685
-
1 733
-
total
9 100
-
23 004
-
Corporate
130 235
215 500
-
-
communal
8 791
14 545
-
-
income
19 534
32 326
-
-
surtax
1 367
2 264
-
-
total
29 692
49 135
-
-
Dividends
100 543
166 365
-
-
income
30 967
18 487
-
-
withholding
15 082
24 955
-
-
total
46 049
43 442
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 348
92 577
104 657
113 250
After tax
109 152
122 923
110 843
102 250
Living cost
54 656
54 656
54 656
54 656
Free-cash
54 496
68 267
56 187
47 594

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽112959
₽72733
₽78881
₽109760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 379
other
-
-
-
-
surtax
-
-
-
11 045
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
114 029
Employee
33 870
-
187 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
9 841
-
income
5 678
-
60 363
-
health
865
-
3 422
-
total
11 280
-
91 922
-
Employer
33 870
-
187 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
174 499
215 500
-
-
income
45 369
56 031
-
-
total
45 369
56 031
-
-
Dividends
129 130
159 469
-
-
withholding
19 370
23 920
-
-
total
19 370
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 150
79 951
120 177
114 029
After tax
132 350
135 549
95 323
101 471
Living cost
22 590
22 590
22 590
22 590
Free-cash
109 760
112 959
72 733
78 881

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽86179
₽66929
₽75412
₽83945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 352
municipal
-
-
-
1 321
national
-
-
-
57 985
total
-
-
-
112 995
Employee
55 790
-
215 500
-
municipal
296
-
1 197
-
national
8 839
-
51 252
-
regional
751
-
3 036
-
social contributions
18 813
-
65 993
-
total
28 699
-
121 478
-
Employer
55 790
-
215 500
-
total
-
-
-
-
Corporate
159 710
215 500
-
-
municipal
7 938
10 711
-
-
nationa
38 330
51 719
-
-
total
46 268
62 430
-
-
Dividends
113 442
153 070
-
-
withholding
29 495
39 798
-
-
total
29 495
39 798
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 462
102 228
121 478
112 995
After tax
111 038
113 272
94 022
102 505
Living cost
27 093
27 093
27 093
27 093
Free-cash
83 945
86 179
66 929
75 412

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽117574
₽85912
₽95168
₽106587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 567
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
1 910
health
-
-
-
29 093
total
-
-
-
89 534
Employee
45 291
-
169 458
-
solidarity contribution
-
-
1 079
-
social contributions
2 944
-
8 006
-
income
5 435
-
20 786
-
health
6 114
-
22 877
-
total
14 493
-
52 748
-
Employer
45 291
-
169 458
-
health
4 076
-
15 251
-
social contributions
11 323
-
30 791
-
total
15 399
-
46 042
-
Corporate
154 810
215 500
-
-
income
29 414
40 945
-
-
total
29 414
40 945
-
-
Dividends
125 396
174 555
-
-
withholding
18 809
26 183
-
-
total
18 809
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 115
67 128
98 790
89 534
After tax
137 385
148 372
116 710
125 966
Living cost
30 798
30 798
30 798
30 798
Free-cash
106 587
117 574
85 912
95 168

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽86892
₽24574
₽78683
₽86392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 973
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
863
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
104 730
Employee
43 964
40 080
177 319
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
56 004
-
health
1 701
1 552
4 546
-
total
11 877
10 214
77 283
-
Employer
43 964
40 080
177 319
-
chamber of commerce
176
160
710
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 319
-
other
2 088
1 903
7 913
-
total
12 653
11 534
38 181
-
Corporate
158 884
163 884
173 501
-
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.

39 722
40 972
43 375
-
total
39 722
40 972
43 375
-
Dividends
119 162
122 912
-
-
withholding
32 769
33 801
-
-
total
32 769
33 801
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 021
96 521
158 839
104 730
After tax
118 479
118 979
56 661
110 770
Living cost
32 087
32 087
32 087
32 087
Free-cash
86 392
86 892
24 574
78 683

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽192041
₽159716
₽200661
₽189663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
215 500
-
income
3 171
-
43 100
-
total
3 171
-
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%.

199 645
215 500
-
-
total
-
-
-
-
Dividends
199 645
215 500
-
-
withholding
9 982
10 775
-
-
total
9 982
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
13 153
10 775
43 100
2 155
After tax
202 347
204 725
172 400
213 345
Living cost
12 684
12 684
12 684
12 684
Free-cash
189 663
192 041
159 716
200 661

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽121395
₽69528
₽74210
₽112982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
53 432
unemployment
-
-
-
323
health
-
-
-
21 204
pensions
-
-
-
39 355
total
-
-
-
114 314
Employee

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

44 474
-
186 466
-
unemployment
63
-
261
-
pensions
6 894
-
28 902
-
income
7 670
-
48 752
-
health
2 872
-
12 047
-
total
17 499
-
89 962
-
Employer

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

44 474
-
186 466
-
health
2 962
-
12 419
-
pensions
3 936
-
16 502
-
unemployment
27
-
113
-
total
6 925
-
29 034
-
Corporate
164 101
215 500
-
-
income
31 179
40 945
-
-
total
31 179
40 945
-
-
Dividends
132 922
174 555
-
-
withholding
19 939
26 184
-
-
total
19 939
26 184
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 542
67 129
118 996
114 314
After tax
139 958
148 371
96 504
101 186
Living cost
26 976
26 976
26 976
26 976
Free-cash
112 982
121 395
69 528
74 210

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽87107
₽158081
₽104925
₽38599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 005
social contributions
-
-
-
24 567
total
-
-
-
66 572
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
63 442
215 500
-
-
income
13 957
47 410
-
-
total
13 957
47 410
-
-
Dividends
49 485
168 090
-
-
income
10 887
36 980
-
-
total
10 887
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
132 898
84 390
13 416
66 572
After tax
82 602
131 110
202 084
148 928
Living cost
44 003
44 003
44 003
44 003
Free-cash
38 599
87 107
158 081
104 925

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽91029
₽64975
₽81403
₽90017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 664
surtax
-
-
-
-
social contributions

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

-
-
-
74 886
total
-
-
-
102 550
Employee
46 257
-
174 141
-
surtax
-
-
57
-
social contributions
5 088
-
19 155
-
income
9 622
-
58 407
-
total
14 710
-
77 619
-
Employer
46 257
-
174 141
-
social contributions
10 986
-
41 359
-
total
10 986
-
41 359
-
Corporate
158 258
215 500
-
-
income
33 234
45 255
-
-
surtax
-
-
-
-
total
33 234
45 255
-
-
Dividends
125 023
170 245
-
-
withholding
35 006
47 669
-
-
total
35 006
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 936
92 924
118 978
102 550
After tax
121 564
122 576
96 522
112 950
Living cost
31 547
31 547
31 547
31 547
Free-cash
90 017
91 029
64 975
81 403

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽60037
₽64653
₽70279
₽66950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 742
other
-
-
-
6 680
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 310
pensions
-
-
-
34 773
total
-
-
-
96 645
Employee
62 992
-
164 848
-
pensions
7 125
-
12 265
-
surtax
-
-
-
-
social contributions
1 794
-
4 697
-
income
5 496
-
34 657
-
total
14 415
-
51 619
-
Employer
62 992
-
164 848
-
health
4 409
-
16 203
-
pensions
10 350
-
20 507
-
unemployment
2 552
-
6 676
-
social contributions
189
-
494
-
other
2 174
-
6 772
-
total
19 674
-
50 652
-
Corporate
132 834
215 500
-
-
income
37 193
60 340
-
-
surtax
-
-
-
-
total
37 193
60 340
-
-
Dividends
95 642
155 160
-
-
surtax
-
-
-
-
social contributions
16 450
26 686
-
-
withholding
12 242
19 861
-
-
total
28 692
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
99 974
106 887
102 271
96 645
After tax
115 526
108 613
113 229
118 855
Living cost
48 576
48 576
48 576
48 576
Free-cash
66 950
60 037
64 653
70 279

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽163718
₽132883
₽127157
₽160340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 701
social contributions
-
-
-
47 410
total
-
-
-
58 111
Employee
32 334
-
186 581
-
income
-
-
11 337
-
social contributions
2 101
-
12 129
-
total
2 101
-
23 466
-
Employer
32 334
-
186 581
-
social contributions
5 012
-
28 919
-
total
5 012
-
28 919
-
Corporate
178 154
215 500
-
-
income
17 815
21 550
-
-
total
17 815
21 550
-
-
Dividends
160 339
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 928
21 550
52 385
58 111
After tax
190 572
193 950
163 115
157 389
Living cost
30 232
30 232
30 232
30 232
Free-cash
160 340
163 718
132 883
127 157

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽3526
-₽3526
₽76464
-₽3526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
17 170
municipal
-
-
-
46 031
national
-
-
-
26 550
pensions
-
-
-
871
total
-
-
-
90 622
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
170 612
170 612
170 612
90 622
After tax
44 888
44 888
44 888
124 878
Living cost
48 414
48 414
48 414
48 414
Free-cash
-3 526
-3 526
-3 526
76 464

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽4615
₽96255
₽125117
₽14070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
61 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
68 313
Employee
34 717
-
196 199
-
pensions
3 909
-
7 768
-
income
4 763
-
47 641
-
health
3 975
-
22 465
-
total
12 647
-
77 874
-
Employer
34 717
-
196 199
-
pensions
5 645
-
11 218
-
accident
580
-
3 276
-
unemployment
851
-
4 807
-
total
7 076
-
19 301
-
Corporate
173 707
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.

156 336
193 950
-
-
total
156 336
193 950
-
-
Dividends
17 371
21 550
-
-
withholding
3 301
4 095
-
-
total
3 301
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 360
198 045
97 175
68 313
After tax
36 140
17 455
118 325
147 187
Living cost
22 070
22 070
22 070
22 070
Free-cash
14 070
-4 615
96 255
125 117

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽94043
₽70127
₽94812
₽97148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 899
municipal
-
-
-
38 267
national
-
-
-
40 909
total
-
-
-
82 075
Employee
52 914
-
181 292
-
municipal
8 667
-
29 513
-
unemployment
794
-
2 720
-
pensions
3 571
-
12 238
-
national
874
-
25 709
-
health
395
-
2 372
-
total
14 301
-
72 552
-
Employer
52 914
-
181 292
-
health
407
-
1 395
-
pensions
9 180
-
31 454
-
accident
53
-
181
-
unemployment
344
-
1 178
-
total
9 984
-
34 208
-
Corporate
152 602
215 500
-
-
income
30 520
43 100
-
-
total
30 520
43 100
-
-
Dividends

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

91 561
129 300
-
-
municipal
16 481
23 273
-
-
national
8 453
16 471
-
-
total
24 934
39 744
-
-
Income
215 500
215 500
215 500
215 500
Total tax
79 739
82 844
106 760
82 075
After tax
135 761
132 656
108 740
133 425
Living cost
38 613
38 613
38 613
38 613
Free-cash
97 148
94 043
70 127
94 812

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽133797
₽120299
₽122088
₽128326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 358
social contributions
-
-
-
16 273
health
-
-
-
5 495
total
-
-
-
70 126
Employee
77 337
77 337
203 085
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
47 392
-
health
599
1 315
3 453
-
total
11 944
14 893
59 502
-
Employer
77 337
77 337
203 085
-
health
651
1 431
3 756
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 413
-
Corporate
176 695
130 313
-
-
income
22 086
16 290
-
-
total
22 086
16 290
-
-
Dividends
154 609
114 023
-
-
withholding
26 283
19 384
-
-
total
26 283
19 384
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 888
58 417
71 915
70 126
After tax
151 612
157 083
143 585
145 374
Living cost
23 286
23 286
23 286
23 286
Free-cash
128 326
133 797
120 299
122 088

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽162488
₽147052
₽167222
₽157371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 243
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
32 310
Employee

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

23 085
-
205 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
19 748
-
health
1 962
-
8 112
-
total
7 117
-
42 651
-
Employer

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

23 085
-
205 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
190 038
215 500
-
-
income
17 103
19 395
-
-
total
17 103
19 395
-
-
Dividends
172 936
196 105
-
-
withholding
15 565
17 649
-
-
total
15 565
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
42 161
37 044
52 480
32 310
After tax
173 339
178 456
163 020
183 190
Living cost
15 968
15 968
15 968
15 968
Free-cash
157 371
162 488
147 052
167 222

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽115524
₽88632
₽92850
₽111084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
67 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 993
Employee
37 188
-
185 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
63 572
-
total
9 530
-
69 493
-
Employer
37 188
-
185 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
166 455
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.

24 968
32 326
-
-
total
24 968
32 326
-
-
Dividends
141 487
183 174
-
-
withholding
30 404
39 993
-
-
total
30 404
39 993
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 759
72 319
99 211
94 993
After tax
138 741
143 181
116 289
120 507
Living cost
27 657
27 657
27 657
27 657
Free-cash
111 084
115 524
88 632
92 850

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽132513
₽136826
₽136965
₽132192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 111
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
76 576
Employee
2 983
-
213 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
74 036
-
health
149
-
357
-
total
1 024
-
75 107
-
Employer
2 983
-
213 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
211 846
215 500
-
-
income
46 606
47 410
-
-
total
46 606
47 410
-
-
Dividends
165 240
168 090
-
-
withholding
33 048
33 618
-
-
total
33 048
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 349
81 028
76 715
76 576
After tax
134 151
134 472
138 785
138 924
Living cost
1 959
1 959
1 959
1 959
Free-cash
132 192
132 513
136 826
136 965

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽138306
₽120338
₽120337
₽133356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
49 674
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
77 770
Employee

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

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

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

26 227
-
202 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
49 674
-
health
1 351
-
3 828
-
total
8 835
-
64 465
-
Employer

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

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

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

26 227
-
202 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
184 578
215 500
-
-
income
27 687
32 325
-
-
total
27 687
32 325
-
-
Dividends
156 891
183 175
-
-
withholding
23 534
27 476
-
-
total
23 534
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 751
59 801
77 769
77 770
After tax
150 749
155 699
137 731
137 730
Living cost
17 393
17 393
17 393
17 393
Free-cash
133 356
138 306
120 338
120 337

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽95462
₽69408
₽85836
₽95101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 664
surtax
-
-
-
-
social contributions

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

-
-
-
74 886
total
-
-
-
102 550
Employee
39 035
-
174 141
-
surtax
-
-
57
-
social contributions
4 294
-
19 155
-
income
7 627
-
58 407
-
total
11 921
-
77 619
-
Employer
39 035
-
174 141
-
social contributions
9 270
-
41 359
-
total
9 270
-
41 359
-
Corporate
167 195
215 500
-
-
income
35 111
45 255
-
-
surtax
-
-
-
-
total
35 111
45 255
-
-
Dividends
132 084
170 245
-
-
withholding
36 983
47 669
-
-
total
36 983
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 285
92 924
118 978
102 550
After tax
122 215
122 576
96 522
112 950
Living cost
27 114
27 114
27 114
27 114
Free-cash
95 101
95 462
69 408
85 836

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽107835
₽80943
₽85161
₽101255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
67 025
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
94 993
Employee
48 573
-
185 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
63 572
-
total
13 228
-
69 493
-
Employer
48 573
-
185 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
151 441
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.

22 716
32 326
-
-
total
22 716
32 326
-
-
Dividends
128 725
183 174
-
-
withholding
27 469
39 993
-
-
total
27 469
39 993
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 899
72 319
99 211
94 993
After tax
136 601
143 181
116 289
120 507
Living cost
35 346
35 346
35 346
35 346
Free-cash
101 255
107 835
80 943
85 161

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽166927
₽165319
₽156457
₽160791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 325
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
41 718
Employee
22 941
-
208 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
20 860
-
health
1 055
-
1 618
-
total
5 615
-
25 954
-
Employer
22 941
-
208 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
188 058
215 500
-
-
income
18 806
21 550
-
-
total
18 806
21 550
-
-
Dividends
169 252
193 950
-
-
withholding
8 462
9 698
-
-
total
8 462
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
37 384
31 248
32 856
41 718
After tax
178 116
184 252
182 644
173 782
Living cost
17 325
17 325
17 325
17 325
Free-cash
160 791
166 927
165 319
156 457

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽72011
₽95039
₽70825
₽85173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
70 864
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.

-
-
-
3 897
health

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

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

-
-
-
6 871
trade
-
-
-
24 214
total
-
-
-
105 846
Employee

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

50 042
-
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.

227
-
3 897
-
income

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

4 115
-
70 864
-
health

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

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

6 871
-
6 871
-
total
11 213
-
81 632
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 458
215 500
-
-
income
24 819
32 326
-
-
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.

1 365
1 779
-
-
chamber of commerce
395
470
-
-
trade
23 743
30 925
-
-
total
50 322
65 500
-
-
Dividends
115 136
150 001
-
-
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.

1 561
2 042
-
-
withholding
28 402
37 118
-
-
total
29 963
39 160
-
-
Income
215 500
215 500
215 500
215 500
Total tax
91 498
104 660
81 632
105 846
After tax
124 002
110 840
133 868
109 654
Living cost
38 829
38 829
38 829
38 829
Free-cash
85 173
72 011
95 039
70 825

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽93558
₽51791
₽51791
₽95779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 576
social contributions
-
-
-
36 841
total
-
-
-
106 417
Employee
78 672
-
215 500
-
income
14 845
-
69 576
-
social contributions
6 536
-
36 841
-
total
21 381
-
106 417
-
Employer
78 672
-
215 500
-
total
-
-
-
-
Corporate
136 828
215 500
-
-
income
17 103
26 938
-
-
total
17 103
26 938
-
-
Dividends
119 725
188 562
-
-
withholding
23 945
37 712
-
-
total
23 945
37 712
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 429
64 650
106 417
106 417
After tax
153 071
150 850
109 083
109 083
Living cost
57 292
57 292
57 292
57 292
Free-cash
95 779
93 558
51 791
51 791

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽98251
₽114376
₽140588
₽101766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 326
health

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

-
-
-
6 077
total
-
-
-
38 403
Employee
46 138
-
210 874
-
income
5 006
-
55 363
-
social contributions
4 623
-
4 626
-
total
9 629
-
59 989
-
Employer
46 138
-
210 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
164 740
215 500
-
-
income
57 659
75 426
-
-
total
57 659
75 426
-
-
Dividends
107 081
140 074
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 225
80 740
64 615
38 403
After tax
138 275
134 760
150 885
177 097
Living cost
36 509
36 509
36 509
36 509
Free-cash
101 766
98 251
114 376
140 588

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽99681
₽83523
₽102809
₽105601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
65 775
pensions
-
-
-
9 783
total
-
-
-
75 558
Employee
50 971
-
187 887
-
pensions
3 890
-
11 744
-
income
9 282
-
52 917
-
health
665
-
2 572
-
total
13 837
-
67 233
-
Employer
50 971
-
187 887
-
health
969
-
3 569
-
pensions
5 150
-
24 042
-
total
6 119
-
27 611
-
Corporate
158 411
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.

30 099
40 944
-
-
total
30 099
40 944
-
-
Dividends
128 312
174 556
-
-
withholding
22 711
37 742
-
-
total
22 711
37 742
-
-
Income
215 500
215 500
215 500
215 500
Total tax
72 766
78 686
94 844
75 558
After tax
142 734
136 814
120 656
139 942
Living cost
37 133
37 133
37 133
37 133
Free-cash
105 601
99 681
83 523
102 809

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6800
₽94070
₽122932
₽13735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
61 222
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
68 313
Employee
38 154
-
196 199
-
pensions
4 296
-
7 768
-
income
5 234
-
47 641
-
health
4 368
-
22 465
-
total
13 898
-
77 874
-
Employer
38 154
-
196 199
-
pensions
6 204
-
11 218
-
accident
637
-
3 276
-
unemployment
935
-
4 807
-
total
7 776
-
19 301
-
Corporate
169 571
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.

152 614
193 950
-
-
total
152 614
193 950
-
-
Dividends
16 957
21 550
-
-
withholding
3 222
4 095
-
-
total
3 222
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
177 510
198 045
97 175
68 313
After tax
37 990
17 455
118 325
147 187
Living cost
24 255
24 255
24 255
24 255
Free-cash
13 735
-6 800
94 070
122 932

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽151268
₽143680
₽121559
₽148225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 110
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
80 352
Employee

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

21 742
-
215 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
36 110
-
total
8 153
-
58 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 758
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%.

19 376
21 550
-
-
total
19 376
21 550
-
-
Dividends
174 383
193 950
-
-
withholding
26 157
29 093
-
-
total
26 157
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 686
50 643
58 231
80 352
After tax
161 814
164 857
157 269
135 148
Living cost
13 589
13 589
13 589
13 589
Free-cash
148 225
151 268
143 680
121 559

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽73445
₽52199
₽60460
₽68870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
5 164
municipal
-
-
-
1 487
national
-
-
-
57 985
total
-
-
-
114 973
Employee
84 751
-
215 500
-
municipal
506
-
1 346
-
national
14 322
-
51 252
-
regional
1 280
-
4 643
-
social contributions
28 577
-
65 993
-
total
44 685
-
123 234
-
Employer
84 751
-
215 500
-
total
-
-
-
-
Corporate
130 749
215 500
-
-
municipal
6 302
10 387
-
-
nationa
31 379
51 719
-
-
total
37 681
62 106
-
-
Dividends
93 068
153 394
-
-
withholding
24 197
39 882
-
-
total
24 197
39 882
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 563
101 988
123 234
114 973
After tax
108 937
113 512
92 266
100 527
Living cost
40 067
40 067
40 067
40 067
Free-cash
68 870
73 445
52 199
60 460

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close