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
₽90354
₽104334
₽79858
₽77345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
26 989
income

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

-
-
-
71 968
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.

-
-
-
3 958
total
-
-
-
109 401
Employee

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

36 310
-
215 500
-
health

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

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

6 486
-
6 486
-
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.

1 014
-
71 968
-
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.

56
-
3 958
-
total
7 556
-
82 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 190
215 500
-
-
income
26 879
32 325
-
-
chamber of commerce
402
454
-
-
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.

1 479
1 778
-
-
trade
28 223
33 941
-
-
total
56 983
68 498
-
-
Dividends
122 208
147 002
-
-
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.

1 661
2 001
-
-
withholding
30 192
36 389
-
-
total
31 853
38 390
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 392
106 888
82 412
109 401
After tax
119 108
108 612
133 088
106 099
Living cost
28 754
28 754
28 754
28 754
Free-cash
90 354
79 858
104 334
77 345

Estimated living cost  is ₽28754 per week

₽18087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84415
₽74898
₽85235
₽73743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 922
pensions
-
-
-
25 860
national
-
-
-
40 421
total
-
-
-
92 520
Employee
76 326
-
186 298
-
pensions
3 053
-
7 452
-
municipal
9 428
-
24 757
-
national
14 609
-
42 249
-
total
27 090
-
74 458
-
Employer
76 326
-
186 298
-
pensions
6 106
-
14 904
-
social contributions
821
-
2 003
-
total
6 927
-
16 907
-
Corporate
127 209
215 500
-
-
income

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

25 442
43 100
-
-
total
25 442
43 100
-
-
Dividends
101 768
172 400
-
-
withholding
22 389
37 928
-
-
total
22 389
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 848
81 028
91 365
92 520
After tax
133 652
134 472
124 135
122 980
Living cost
49 237
49 237
49 237
49 237
Free-cash
84 415
85 235
74 898
73 743

Estimated living cost  is ₽49237 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144862
₽74044
₽152650
₽58764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
215 500
social contributions

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

-
-
-
36 373
income
-
-
-
45 661
surtax
-
-
-
54 952
microenterprise
-
-
-
-
total
-
-
-
136 986
Employee
27 740
-
169 590
-
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.

3 052
-
12 445
-
income
4 938
-
38 760
-
surtax
-
-
24 591
-
total
7 990
-
75 796
-
Employer
27 740
-
169 590
-
surtax
-
-
18 655
-
social contributions

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

6 682
-
27 255
-
total
6 682
-
45 910
-
Corporate
181 078
215 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

36 216
43 100
-
-
total
36 216
43 100
-
-
Dividends

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

144 862
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 888
43 100
121 706
136 986
After tax
164 612
172 400
93 794
78 514
Living cost
19 750
19 750
19 750
19 750
Free-cash
144 862
152 650
74 044
58 764

Estimated living cost  is ₽19750 per week

₽12600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61827
₽98050
₽67644
₽75846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 706
income
-
-
-
77 056
pensions
-
-
-
11 123
total
-
-
-
99 885
Employee
81 069
81 069
197 858
-
pensions
14 592
11 123
11 123
-
health
12 443
10 584
11 706
-
income

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

13 270
13 270
37 210
-
total
40 305
34 977
60 039
-
Employer
81 069
81 069
197 858
-
pensions
5 642
5 642
7 013
-
health
5 635
5 635
7 003
-
unemployment
2 918
2 918
3 626
-
total
14 195
14 195
17 642
-
Corporate
121 230
120 235
-
-
income
24 247
24 047
-
-
total
24 247
24 047
-
-
Dividends
96 983
96 188
-
-
income
20 610
20 440
-
-
withholding
14 547
14 428
-
-
total
35 157
34 868
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 904
108 087
77 681
99 885
After tax
101 596
107 413
137 819
115 615
Living cost
39 769
39 769
39 769
39 769
Free-cash
61 827
67 644
98 050
75 846

Estimated living cost  is ₽39769 per week

₽28183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78125
₽68288
₽78994
₽69226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
169
health
-
-
-
5 288
municipal
-
-
-
56 941
pensions
-
-
-
9 161
other
-
-
-
9 848
unemployment
-
-
-
85
national
-
-
-
26 113
total
-
-
-
107 605
Employee
55 100
-
188 872
-
municipal
16 431
-
56 322
-
national
-
-
25 594
-
total
16 431
-
81 916
-
Employer
55 100
-
188 872
-
pensions
5 956
-
9 161
-
other
6 403
-
9 848
-
health
3 389
-
5 212
-
unemployment
1 455
-
2 237
-
accident
110
-
169
-
total
17 313
-
26 627
-
Corporate
143 088
215 500
-
-
income
31 479
47 410
-
-
total
31 479
47 410
-
-
Dividends
111 609
168 090
-
-
withholding
33 483
50 427
-
-
total
33 483
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 706
97 837
108 543
107 605
After tax
116 794
117 663
106 957
107 895
Living cost
38 669
38 669
38 669
38 669
Free-cash
78 125
78 994
68 288
69 226

Estimated living cost  is ₽38669 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83548
₽95794
₽70209
₽67605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
28 189
income

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

-
-
-
71 968
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.

-
-
-
3 958
total
-
-
-
110 601
Employee

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

48 142
-
215 500
-
health

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

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

6 486
-
6 486
-
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.

4 136
-
71 968
-
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
-
3 958
-
total
10 849
-
82 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 358
215 500
-
-
income
25 104
32 325
-
-
chamber of commerce
382
450
-
-
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.

1 380
1 778
-
-
trade
27 531
35 451
-
-
total
54 397
70 004
-
-
Dividends
112 960
145 496
-
-
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.

1 533
1 980
-
-
withholding
27 879
36 013
-
-
total
29 412
37 993
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 658
107 997
82 412
110 601
After tax
120 842
107 503
133 088
104 899
Living cost
37 294
37 294
37 294
37 294
Free-cash
83 548
70 209
95 794
67 605

Estimated living cost  is ₽37294 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122324
₽112321
₽126261
₽114085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 360
health
-
-
-
5 495
income
-
-
-
49 769
total
-
-
-
70 624
Employee
72 999
72 999
203 563
-
health
726
1 241
3 461
-
social contributions
3 547
6 059
8 172
-
income
7 666
6 758
48 818
-
total
11 939
14 058
60 451
-
Employer
72 999
72 999
203 563
-
health
791
1 351
3 765
-
social contributions
3 547
6 059
8 172
-
total
4 338
7 410
11 937
-
Corporate
168 432
135 091
-
-
income
21 054
16 886
-
-
total
21 054
16 886
-
-
Dividends
147 377
118 206
-
-
withholding
25 054
20 094
-
-
total
25 054
20 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 385
58 448
72 388
70 624
After tax
153 115
157 052
143 112
144 876
Living cost
30 791
30 791
30 791
30 791
Free-cash
122 324
126 261
112 321
114 085

Estimated living cost  is ₽30791 per week

₽21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103713
₽107310
₽103345
₽131669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 085
income
-
-
-
26 345
pensions
-
-
-
21 550
unemployment
-
-
-
3 233
total
-
-
-
66 213
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.

25 431
10 121
180 335
-
unemployment
381
152
2 705
-
pensions
2 543
1 012
18 033
-
health
1 780
708
12 623
-
income
3 109
1 237
22 046
-
total
7 813
3 109
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.

25 431
10 121
180 335
-
pensions
4 959
1 974
35 165
-
total
4 959
1 974
35 165
-
Corporate
185 110
203 405
-
-
income
16 660
18 306
-
-
total
16 660
18 306
-
-
Dividends
168 450
185 099
-
-
social contributions
32 732
35 979
-
-
withholding
32 005
35 169
-
-
total
64 737
71 148
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 169
94 537
90 572
66 213
After tax
121 331
120 963
124 928
149 287
Living cost
17 618
17 618
17 618
17 618
Free-cash
103 713
103 345
107 310
131 669

Estimated living cost  is ₽17618 per week

₽12022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143571
₽101284
₽149470
₽92577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 016
income
-
-
-
28 877
pensions
-
-
-
43 100
total
-
-
-
99 993
Employee
26 931
-
161 061
-
unemployment
431
-
2 576
-
pensions
539
-
3 221
-
income
3 032
-
31 053
-
total
4 002
-
36 850
-
Employer
26 931
-
161 061
-
pensions
5 387
-
32 211
-
health
3 500
-
20 937
-
unemployment
216
-
1 288
-
total
9 103
-
54 436
-
Corporate
179 466
215 500
-
-
income
35 894
43 100
-
-
total
35 894
43 100
-
-
Dividends
143 572
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 999
43 100
91 286
99 993
After tax
166 501
172 400
124 214
115 507
Living cost
22 930
22 930
22 930
22 930
Free-cash
143 571
149 470
101 284
92 577

Estimated living cost  is ₽22930 per week

₽15727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14208
₽97500
-₽3717
₽125979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 099
income
-
-
-
61 646
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
68 349
Employee
33 305
-
196 790
-
pensions
3 750
-
7 342
-
health
3 813
-
22 532
-
income
4 569
-
48 244
-
total
12 132
-
78 118
-
Employer
33 305
-
196 790
-
pensions
5 416
-
10 603
-
unemployment
816
-
4 821
-
accident
556
-
3 286
-
total
6 788
-
18 710
-
Corporate
175 408
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.

157 867
193 950
-
-
total
157 867
193 950
-
-
Dividends
17 541
21 550
-
-
withholding
3 333
4 095
-
-
total
3 333
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 120
198 045
96 828
68 349
After tax
35 380
17 455
118 672
147 151
Living cost
21 172
21 172
21 172
21 172
Free-cash
14 208
-3 717
97 500
125 979

Estimated living cost  is ₽21172 per week

₽15517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195421
₽164565
₽196890
₽205510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
9 793
-
215 500
-
income
1 958
-
43 100
-
total
1 958
-
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%.

205 707
215 500
-
-
total
-
-
-
-
Dividends
205 707
215 500
-
-
withholding
10 286
10 775
-
-
total
10 286
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 244
10 775
43 100
2 155
After tax
203 256
204 725
172 400
213 345
Living cost
7 835
7 835
7 835
7 835
Free-cash
195 421
196 890
164 565
205 510

Estimated living cost  is ₽7835 per week

₽4855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126621
₽102679
₽133033
₽104455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 352
income
-
-
-
37 893
pensions

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

-
-
-
34 647
other
-
-
-
6 857
total
-
-
-
85 749
Employee
34 469
-
178 846
-
unemployment
344
-
1 443
-
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.

2 412
-
10 105
-
health
483
-
2 021
-
income
5 934
-
37 303
-
total
9 173
-
50 872
-
Employer
34 469
-
178 846
-
pensions

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

5 860
-
24 542
-
other
1 724
-
7 217
-
health
483
-
2 021
-
unemployment
344
-
1 443
-
accident
276
-
1 430
-
total
8 687
-
36 653
-
Corporate
172 344
215 500
-
-
income
36 193
45 254
-
-
total
36 193
45 254
-
-
Dividends
136 151
170 246
-
-
withholding
9 530
11 917
-
-
total
9 530
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 583
57 171
87 525
85 749
After tax
151 917
158 329
127 975
129 751
Living cost
25 296
25 296
25 296
25 296
Free-cash
126 621
133 033
102 679
104 455

Estimated living cost  is ₽25296 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80849
₽57695
₽73374
₽76913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 111
pensions
-
-
-
9 391
total
-
-
-
76 502
Employee
87 841
-
187 771
-
pensions
8 474
-
11 171
-
health
1 447
-
2 521
-
income
15 834
-
54 299
-
total
25 755
-
67 991
-
Employer
87 841
-
187 771
-
pensions
10 372
-
24 161
-
health
1 668
-
3 568
-
total
12 040
-
27 729
-
Corporate
115 619
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.

21 968
40 944
-
-
total
21 968
40 944
-
-
Dividends
93 651
174 556
-
-
withholding
12 803
39 097
-
-
total
12 803
39 097
-
-
Income
215 500
215 500
215 500
215 500
Total tax
72 566
80 041
95 720
76 502
After tax
142 934
135 459
119 780
138 998
Living cost
62 085
62 085
62 085
62 085
Free-cash
80 849
73 374
57 695
76 913

Estimated living cost  is ₽62085 per week

₽46522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167408
₽170861
₽171815
₽161889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 811
income
-
-
-
32 325
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
41 173
Employee
16 470
-
208 999
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 446
-
2 910
-
health
758
-
1 524
-
income
1 647
-
20 900
-
total
4 032
-
25 699
-
Employer
16 470
-
208 999
-
pensions

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

1 815
-
3 652
-
health
1 137
-
2 286
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
total
3 231
-
6 502
-
Corporate
195 798
215 500
-
-
income
19 580
21 550
-
-
total
19 580
21 550
-
-
Dividends
176 218
193 950
-
-
withholding
8 811
9 697
-
-
total
8 811
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 654
31 247
32 201
41 173
After tax
179 846
184 253
183 299
174 327
Living cost
12 438
12 438
12 438
12 438
Free-cash
167 408
171 815
170 861
161 889

Estimated living cost  is ₽12438 per week

₽7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57159
₽85177
₽54771
₽62973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 706
income
-
-
-
77 056
pensions
-
-
-
11 123
total
-
-
-
99 885
Employee
88 015
81 069
197 858
-
pensions
11 123
11 123
11 123
-
health
10 980
10 584
11 706
-
income

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

13 270
13 270
37 210
-
total
35 373
34 977
60 039
-
Employer
88 015
81 069
197 858
-
pensions
6 125
5 642
7 013
-
health
6 116
5 635
7 003
-
unemployment
3 169
2 918
3 626
-
total
15 410
14 195
17 642
-
Corporate
112 075
120 235
-
-
income
22 415
24 047
-
-
total
22 415
24 047
-
-
Dividends
89 660
96 188
-
-
income
19 053
20 440
-
-
withholding
13 448
14 428
-
-
total
32 501
34 868
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 699
108 087
77 681
99 885
After tax
109 801
107 413
137 819
115 615
Living cost
52 642
52 642
52 642
52 642
Free-cash
57 159
54 771
85 177
62 973

Estimated living cost  is ₽52642 per week

₽38832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽116384
₽94078
₽124795
₽103492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 926
health
-
-
-
29 092
income
-
-
-
22 872
solidarity contribution
-
-
-
2 541
total
-
-
-
88 431
Employee
34 672
-
171 058
-
solidarity contribution
-
-
1 696
-
health
4 681
-
23 093
-
social contributions
2 254
-
7 552
-
income
4 161
-
21 062
-
total
11 096
-
53 403
-
Employer
34 672
-
171 058
-
health
3 120
-
15 395
-
social contributions
8 668
-
29 047
-
total
11 788
-
44 442
-
Corporate
169 039
215 500
-
-
income
32 117
40 945
-
-
total
32 117
40 945
-
-
Dividends
136 922
174 555
-
-
withholding
20 538
26 183
-
-
total
20 538
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 539
67 128
97 845
88 431
After tax
139 961
148 372
117 655
127 069
Living cost
23 577
23 577
23 577
23 577
Free-cash
116 384
124 795
94 078
103 492

Estimated living cost  is ₽23577 per week

₽16377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
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.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69962
₽55872
₽74920
₽63921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 514
municipal
-
-
-
1 344
regional
-
-
-
2 733
national
-
-
-
59 930
total
-
-
-
111 521
Employee
84 370
-
215 500
-
regional
796
-
2 478
-
municipal
447
-
1 225
-
national
14 619
-
53 576
-
social contributions
28 450
-
62 291
-
total
44 312
-
119 570
-
Employer
84 370
-
215 500
-
total
-
-
-
-
Corporate
131 130
215 500
-
-
municipal
5 115
8 404
-
-
nationa
31 471
51 720
-
-
total
36 586
60 124
-
-
Dividends
94 544
155 376
-
-
withholding
24 582
40 398
-
-
total
24 582
40 398
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 480
100 522
119 570
111 521
After tax
110 020
114 978
95 930
103 979
Living cost
40 058
40 058
40 058
40 058
Free-cash
69 962
74 920
55 872
63 921

Estimated living cost  is ₽40058 per week

₽27924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111647
₽74588
₽114602
₽80391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 995
income
-
-
-
68 096
surtax
-
-
-
11 514
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
114 161
Employee
31 394
-
188 830
-
unemployment
2 185
-
8 818
-
pensions
2 093
-
8 451
-
health
802
-
3 230
-
income
5 262
-
62 418
-
other
-
-
-
-
surtax
103
-
10 377
-
total
10 445
-
93 294
-
Employer
31 394
-
188 830
-
pensions
4 185
-
16 889
-
other
-
-
-
-
health
1 429
-
5 765
-
unemployment
994
-
4 016
-
total
6 608
-
26 670
-
Corporate
177 498
215 500
-
-
income
46 150
56 029
-
-
total
46 150
56 029
-
-
Dividends
131 348
159 471
-
-
withholding
19 702
23 921
-
-
total
19 702
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 905
79 950
119 964
114 161
After tax
132 595
135 550
95 536
101 339
Living cost
20 948
20 948
20 948
20 948
Free-cash
111 647
114 602
74 588
80 391

Estimated living cost  is ₽20948 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99176
₽77365
₽93044
₽96583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 111
pensions
-
-
-
9 391
total
-
-
-
76 502
Employee
58 869
-
187 771
-
pensions
4 997
-
11 171
-
health
855
-
2 521
-
income
10 603
-
54 299
-
total
16 455
-
67 991
-
Employer
58 869
-
187 771
-
pensions
6 373
-
24 161
-
health
1 118
-
3 568
-
total
7 491
-
27 729
-
Corporate
149 140
215 500
-
-
income

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

28 336
40 944
-
-
total
28 336
40 944
-
-
Dividends
120 804
174 556
-
-
withholding
21 627
39 097
-
-
total
21 627
39 097
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 909
80 041
95 720
76 502
After tax
141 591
135 459
119 780
138 998
Living cost
42 415
42 415
42 415
42 415
Free-cash
99 176
93 044
77 365
96 583

Estimated living cost  is ₽42415 per week

₽31777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55436
₽87838
₽23197
₽95926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
486
pensions
-
-
-
19 826
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.

-
-
-
4 310
regional
-
-
-
11 946
city
-
-
-
2 272
national
-
-
-
5 387
total
-
-
-
44 227
Employee
88 176
-
193 828
-
unemployment
-
-
-
-
pensions
7 408
-
15 228
-
regional
2 887
-
10 611
-
national
417
-
4 408
-
health
199
-
435
-
city
946
-
2 094
-
total
11 857
-
32 776
-
Employer
88 176
-
193 828
-
pensions
7 408
-
15 228
-
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.

1 763
-
3 876
-
health
199
-
435
-
unemployment
-
-
-
-
total
9 370
-
19 539
-
Corporate
116 984
215 500
-
-
regional
24 742
45 578
-
-
national
9 943
18 317
-
-
total
34 685
63 895
-
-
Dividends
82 300
151 605
-
-
withholding
28 805
53 061
-
-
total
28 805
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
84 717
116 956
52 315
44 227
After tax
130 783
98 544
163 185
171 273
Living cost
75 347
75 347
75 347
75 347
Free-cash
55 436
23 197
87 838
95 926

Estimated living cost  is ₽75347 per week

₽48997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78296
₽89599
₽62905
₽60211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
29 388
income

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

-
-
-
71 968
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.

-
-
-
3 958
total
-
-
-
111 800
Employee

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

57 053
-
215 500
-
health

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

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

6 486
-
6 486
-
income

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

6 709
-
71 968
-
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.

369
-
3 958
-
total
13 564
-
82 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 447
215 500
-
-
income
23 768
32 325
-
-
chamber of commerce
368
447
-
-
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.

1 308
1 778
-
-
trade
27 174
36 958
-
-
total
52 618
71 508
-
-
Dividends
105 830
143 992
-
-
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.

1 436
1 960
-
-
withholding
26 097
35 638
-
-
total
27 533
37 598
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 715
109 106
82 412
111 800
After tax
121 785
106 394
133 088
103 700
Living cost
43 489
43 489
43 489
43 489
Free-cash
78 296
62 905
89 599
60 211

Estimated living cost  is ₽43489 per week

₽31763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81739
₽78841
₽76132
₽85277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 141
health
-
-
-
10 620
income
-
-
-
40 478
surtax
-
-
-
-
pensions
-
-
-
33 824
other
-
-
-
6 680
total
-
-
-
97 743
Employee
40 630
-
164 290
-
pensions
4 594
-
12 458
-
social contributions
1 158
-
4 680
-
income
2 398
-
35 832
-
surtax
-
-
-
-
total
8 150
-
52 970
-
Employer
40 630
-
164 290
-
pensions
6 675
-
20 788
-
other
1 402
-
6 850
-
health
2 845
-
16 424
-
unemployment
1 645
-
6 653
-
social contributions
123
-
494
-
total
12 690
-
51 209
-
Corporate
162 182
215 500
-
-
income
45 411
60 340
-
-
surtax
-
-
-
-
total
45 411
60 340
-
-
Dividends
116 771
155 160
-
-
surtax
-
-
-
-
social contributions
20 083
26 688
-
-
withholding
14 947
19 860
-
-
total
35 030
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 281
106 888
104 179
97 743
After tax
114 219
108 612
111 321
117 757
Living cost
32 480
32 480
32 480
32 480
Free-cash
81 739
76 132
78 841
85 277

Estimated living cost  is ₽32480 per week

₽20480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84624
₽82059
₽79350
₽88495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 141
health
-
-
-
10 620
income
-
-
-
40 478
surtax
-
-
-
-
pensions
-
-
-
33 824
other
-
-
-
6 680
total
-
-
-
97 743
Employee
36 268
-
164 290
-
pensions
4 102
-
12 458
-
social contributions
1 034
-
4 680
-
income
1 870
-
35 832
-
surtax
-
-
-
-
total
7 006
-
52 970
-
Employer
36 268
-
164 290
-
pensions
5 959
-
20 788
-
other
1 252
-
6 850
-
health
2 538
-
16 424
-
unemployment
1 468
-
6 653
-
social contributions
108
-
494
-
total
11 325
-
51 209
-
Corporate
167 906
215 500
-
-
income
47 015
60 340
-
-
surtax
-
-
-
-
total
47 015
60 340
-
-
Dividends
120 891
155 160
-
-
surtax
-
-
-
-
social contributions
20 795
26 688
-
-
withholding
15 473
19 860
-
-
total
36 268
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 614
106 888
104 179
97 743
After tax
113 886
108 612
111 321
117 757
Living cost
29 262
29 262
29 262
29 262
Free-cash
84 624
79 350
82 059
88 495

Estimated living cost  is ₽29262 per week

₽16970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111836
₽112400
₽111344
₽118262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
29 740
health
-
-
-
15 043
income
-
-
-
32 325
total
-
-
-
77 108
Employee
32 188
-
215 500
-
health
2 247
-
15 043
-
social contributions
4 443
-
29 740
-
income
5 369
-
38 187
-
total
12 059
-
82 970
-
Employer
32 188
-
215 500
-
total
-
-
-
-
Corporate
183 312
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%.

9 166
10 775
-
-
total
9 166
10 775
-
-
Dividends
174 146
204 725
-
-
health
12 155
14 290
-
-
social contributions
24 032
28 252
-
-
withholding
26 122
30 709
-
-
total
62 309
73 251
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 534
84 026
82 970
77 108
After tax
131 966
131 474
132 530
138 392
Living cost
20 130
20 130
20 130
20 130
Free-cash
111 836
111 344
112 400
118 262

Estimated living cost  is ₽20130 per week

₽13472
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.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83854
₽23025
₽85323
₽76917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 483
surtax
-
-
-
187
income
-
-
-
69 260
chamber of commerce
-
-
-
861
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
105 132
Employee
47 443
37 832
178 464
-
unemployment
1 423
1 135
3 327
-
pensions
4 859
3 873
11 357
-
health
1 836
1 465
4 291
-
income
5 401
2 791
58 188
-
other
474
378
1 110
-
total
13 993
9 642
78 273
-
Employer
47 443
37 832
178 464
-
chamber of commerce
189
151
713
-
pensions
5 954
4 749
13 919
-
other
2 254
1 796
7 902
-
health
1 793
1 430
4 192
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
surtax
187
187
187
-
payroll
1 423
1 135
5 354
-
total
13 839
11 075
37 035
-
Corporate
154 217
166 592
174 861
-
income

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

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

38 555
41 648
43 716
-
total
38 555
41 648
43 716
-
Dividends
115 663
124 944
-
-
withholding
31 808
34 361
-
-
total
31 808
34 361
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 195
96 726
159 024
105 132
After tax
117 305
118 774
56 476
110 368
Living cost
33 451
33 451
33 451
33 451
Free-cash
83 854
85 323
23 025
76 917

Estimated living cost  is ₽33451 per week

₽22310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽71568
₽38565
₽83537
₽59126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 668
communal

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

-
-
-
11 510
national
-
-
-
86 582
total
-
-
-
121 760
Employee

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

67 906
-
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.

591
-
1 452
-
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.

5 093
-
12 519
-
national
20 877
-
63 214
-
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.

3 191
-
7 844
-
communal

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

3 542
-
8 705
-
total
33 294
-
93 734
-
Employer

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

67 906
-
166 911
-
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.

6 017
-
14 789
-
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.

4 176
-
10 265
-
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.

991
-
2 437
-
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.

883
-
2 169
-
surtax
7 700
-
18 927
-
total
19 767
-
48 587
-
Corporate
127 828
215 500
-
-
income
25 566
46 281
-
-
surtax
512
926
-
-
total
26 078
47 207
-
-
Dividends
101 750
168 293
-
-
withholding

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

30 179
50 142
-
-
total
30 179
50 142
-
-
Income
215 500
215 500
215 500
215 500
Total tax
109 318
97 349
142 321
121 760
After tax
106 182
118 151
73 179
93 740
Living cost
34 614
34 614
34 614
34 614
Free-cash
71 568
83 537
38 565
59 126

Estimated living cost  is ₽34614 per week

₽22296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102275
₽82132
₽108778
₽86114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
793
income
-
-
-
68 704
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
95 102
Employee
47 255
-
187 448
-
unemployment
733
-
1 364
-
pensions
2 221
-
4 136
-
income
9 971
-
65 445
-
other
47
-
88
-
total
12 972
-
71 033
-
Employer
47 255
-
187 448
-
pensions
11 151
-
20 766
-
other
377
-
704
-
unemployment
2 600
-
4 839
-
accident
935
-
1 742
-
total
15 063
-
28 051
-
Corporate
153 182
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.

22 977
32 325
-
-
total
22 977
32 325
-
-
Dividends
130 205
183 175
-
-
withholding
27 929
40 113
-
-
total
27 929
40 113
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 941
72 438
99 084
95 102
After tax
136 559
143 062
116 416
120 398
Living cost
34 284
34 284
34 284
34 284
Free-cash
102 275
108 778
82 132
86 114

Estimated living cost  is ₽34284 per week

₽25247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57224
₽58143
₽70280
₽49549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 818
health
-
-
-
15 140
income
-
-
-
40 799
surtax
-
-
-
10 683
pensions
-
-
-
32 301
communal
-
-
-
13 620
total
-
-
-
114 361
Employee
71 892
-
192 496
-
pensions
5 750
-
15 399
-
health
3 200
-
8 566
-
income
6 944
-
47 003
-
surtax
4 407
-
11 796
-
total
20 301
-
82 764
-
Employer
71 892
-
192 496
-
pensions
5 750
-
15 399
-
health
2 192
-
5 871
-
accident
647
-
1 733
-
total
8 589
-
23 003
-
Corporate
135 018
215 500
-
-
income
20 253
32 325
-
-
communal
9 114
14 546
-
-
surtax
1 418
2 263
-
-
total
30 785
49 134
-
-
Dividends
104 234
166 367
-
-
income
31 376
19 541
-
-
withholding
15 635
24 955
-
-
total
47 011
44 496
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 686
93 630
105 767
114 361
After tax
108 814
121 870
109 733
101 139
Living cost
51 590
51 590
51 590
51 590
Free-cash
57 224
70 280
58 143
49 549

Estimated living cost  is ₽51590 per week

₽38700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111208
₽74213
₽114227
₽80016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 995
income
-
-
-
68 096
surtax
-
-
-
11 514
pensions
-
-
-
25 340
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
114 161
Employee
31 970
-
188 830
-
unemployment
2 225
-
8 818
-
pensions
2 133
-
8 451
-
health
816
-
3 230
-
income
5 360
-
62 418
-
other
-
-
-
-
surtax
113
-
10 377
-
total
10 647
-
93 294
-
Employer
31 970
-
188 830
-
pensions
4 262
-
16 889
-
other
-
-
-
-
health
1 454
-
5 765
-
unemployment
1 014
-
4 016
-
total
6 730
-
26 670
-
Corporate
176 799
215 500
-
-
income
45 968
56 029
-
-
total
45 968
56 029
-
-
Dividends
130 832
159 471
-
-
withholding
19 624
23 921
-
-
total
19 624
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 969
79 950
119 964
114 161
After tax
132 531
135 550
95 536
101 339
Living cost
21 323
21 323
21 323
21 323
Free-cash
111 208
114 227
74 213
80 016

Estimated living cost  is ₽21323 per week

₽12874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85592
₽69725
₽87699
₽77730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 514
municipal
-
-
-
1 344
regional
-
-
-
3 409
national
-
-
-
59 930
total
-
-
-
112 197
Employee
52 661
-
215 500
-
regional
709
-
3 110
-
municipal
279
-
1 225
-
national
8 343
-
53 576
-
social contributions
17 758
-
62 291
-
total
27 089
-
120 202
-
Employer
52 661
-
215 500
-
total
-
-
-
-
Corporate
162 839
215 500
-
-
municipal
8 092
10 710
-
-
nationa
39 081
51 720
-
-
total
47 173
62 430
-
-
Dividends
115 666
153 070
-
-
withholding
30 073
39 798
-
-
total
30 073
39 798
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 335
102 228
120 202
112 197
After tax
111 165
113 272
95 298
103 303
Living cost
25 573
25 573
25 573
25 573
Free-cash
85 592
87 699
69 725
77 730

Estimated living cost  is ₽25573 per week

₽15904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108955
₽88602
₽119319
₽98016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 926
health
-
-
-
29 092
income
-
-
-
22 872
solidarity contribution
-
-
-
2 541
total
-
-
-
88 431
Employee
42 725
-
171 058
-
solidarity contribution
-
-
1 696
-
health
5 768
-
23 093
-
social contributions
2 777
-
7 552
-
income
5 127
-
21 062
-
total
13 672
-
53 403
-
Employer
42 725
-
171 058
-
health
3 845
-
15 395
-
social contributions
10 681
-
29 047
-
total
14 526
-
44 442
-
Corporate
158 248
215 500
-
-
income
30 067
40 945
-
-
total
30 067
40 945
-
-
Dividends
128 181
174 555
-
-
withholding
19 227
26 183
-
-
total
19 227
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 492
67 128
97 845
88 431
After tax
138 008
148 372
117 655
127 069
Living cost
29 053
29 053
29 053
29 053
Free-cash
108 955
119 319
88 602
98 016

Estimated living cost  is ₽29053 per week

₽21606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88118
₽26236
₽88590
₽80268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 483
surtax
-
-
-
-
income
-
-
-
69 260
chamber of commerce
-
-
-
861
pensions
-
-
-
20 518
unemployment
-
-
-
5 823
total
-
-
-
104 945
Employee
41 498
37 832
178 637
-
unemployment
1 245
1 135
3 327
-
pensions
4 250
3 873
11 357
-
health
1 605
1 465
4 291
-
income
3 697
2 791
58 270
-
other
414
378
1 110
-
total
11 211
9 642
78 355
-
Employer
41 498
37 832
178 637
-
chamber of commerce
166
151
715
-
pensions
5 208
4 749
13 919
-
other
1 971
1 796
7 909
-
health
1 569
1 430
4 192
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
surtax
-
-
-
-
payroll
1 245
1 135
5 360
-
total
11 943
10 888
36 863
-
Corporate
162 060
166 779
175 034
-
income

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

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

40 515
41 695
43 759
-
total
40 515
41 695
43 759
-
Dividends
121 545
125 085
-
-
withholding
33 426
34 398
-
-
total
33 426
34 398
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 095
96 623
158 977
104 945
After tax
118 405
118 877
56 523
110 555
Living cost
30 287
30 287
30 287
30 287
Free-cash
88 118
88 590
26 236
80 268

Estimated living cost  is ₽30287 per week

₽18168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190226
₽160191
₽192516
₽201136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 262
-
215 500
-
income
3 053
-
43 100
-
total
3 053
-
43 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

200 238
215 500
-
-
total
-
-
-
-
Dividends
200 238
215 500
-
-
withholding
10 012
10 775
-
-
total
10 012
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
13 065
10 775
43 100
2 155
After tax
202 435
204 725
172 400
213 345
Living cost
12 209
12 209
12 209
12 209
Free-cash
190 226
192 516
160 191
201 136

Estimated living cost  is ₽12209 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114969
₽69702
₽122909
₽74384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 204
income
-
-
-
54 771
pensions
-
-
-
39 356
unemployment
-
-
-
322
total
-
-
-
115 653
Employee

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

41 980
-
186 467
-
unemployment
59
-
261
-
pensions
6 507
-
28 902
-
health
2 711
-
12 047
-
income
7 239
-
50 091
-
total
16 516
-
91 301
-
Employer

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

41 980
-
186 467
-
pensions
3 715
-
16 502
-
health
2 796
-
12 420
-
unemployment
25
-
112
-
total
6 536
-
29 034
-
Corporate
166 984
215 500
-
-
income
31 727
40 945
-
-
total
31 727
40 945
-
-
Dividends
135 258
174 555
-
-
withholding
20 289
26 183
-
-
total
20 289
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 068
67 128
120 335
115 653
After tax
140 432
148 372
95 165
99 847
Living cost
25 463
25 463
25 463
25 463
Free-cash
114 969
122 909
69 702
74 384

Estimated living cost  is ₽25463 per week

₽17475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45120
₽162129
₽90209
₽108027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
24 567
income
-
-
-
42 005
total
-
-
-
66 572
Employee
58 647
-
-
-
social contributions
4 809
-
685
-
income
12 936
-
-
-
total
17 745
-
685
-
Employer
58 647
-
-
-
social contributions
82 692
-
11 785
-
total
82 692
-
11 785
-
Corporate
74 162
215 500
-
-
income
16 316
47 410
-
-
total
16 316
47 410
-
-
Dividends
57 846
168 090
-
-
income
12 726
36 980
-
-
total
12 726
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
129 479
84 390
12 470
66 572
After tax
86 021
131 110
203 030
148 928
Living cost
40 901
40 901
40 901
40 901
Free-cash
45 120
90 209
162 129
108 027

Estimated living cost  is ₽40901 per week

₽26538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91843
₽65634
₽92801
₽82536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
215 500
social contributions

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

-
-
-
74 886
income
-
-
-
28 301
surtax
-
-
-
-
total
-
-
-
103 187
Employee
43 662
-
174 140
-
social contributions
4 803
-
19 156
-
income
9 082
-
59 303
-
surtax
-
-
272
-
total
13 885
-
78 731
-
Employer
43 662
-
174 140
-
social contributions
10 370
-
41 358
-
total
10 370
-
41 358
-
Corporate
161 469
215 500
-
-
income
33 908
45 254
-
-
surtax
-
-
-
-
total
33 908
45 254
-
-
Dividends
127 560
170 246
-
-
withholding
35 717
47 668
-
-
total
35 717
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 880
92 922
120 089
103 187
After tax
121 620
122 578
95 411
112 313
Living cost
29 777
29 777
29 777
29 777
Free-cash
91 843
92 801
65 634
82 536

Estimated living cost  is ₽29777 per week

₽22280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69285
₽65470
₽62761
₽71906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 141
health
-
-
-
10 620
income
-
-
-
40 478
surtax
-
-
-
-
pensions
-
-
-
33 824
other
-
-
-
6 680
total
-
-
-
97 743
Employee
59 458
-
164 290
-
pensions
6 725
-
12 458
-
social contributions
1 693
-
4 680
-
income
5 188
-
35 832
-
surtax
-
-
-
-
total
13 606
-
52 970
-
Employer
59 458
-
164 290
-
pensions
9 770
-
20 788
-
other
2 052
-
6 850
-
health
4 162
-
16 424
-
unemployment
2 409
-
6 653
-
social contributions
178
-
494
-
total
18 571
-
51 209
-
Corporate
137 472
215 500
-
-
income
38 491
60 340
-
-
surtax
-
-
-
-
total
38 491
60 340
-
-
Dividends
98 980
155 160
-
-
surtax
-
-
-
-
social contributions
17 026
26 688
-
-
withholding
12 670
19 860
-
-
total
29 696
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 364
106 888
104 179
97 743
After tax
115 136
108 612
111 321
117 757
Living cost
45 851
45 851
45 851
45 851
Free-cash
69 285
62 761
65 470
71 906

Estimated living cost  is ₽45851 per week

₽31031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162226
₽134235
₽165414
₽128512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 409
income
-
-
-
11 043
total
-
-
-
58 452
Employee
30 520
-
186 580
-
social contributions
1 983
-
12 128
-
income
-
-
11 681
-
total
1 983
-
23 809
-
Employer
30 520
-
186 580
-
social contributions
4 731
-
28 920
-
total
4 731
-
28 920
-
Corporate
180 249
215 500
-
-
income
18 024
21 550
-
-
total
18 024
21 550
-
-
Dividends
162 225
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 738
21 550
52 729
58 452
After tax
190 762
193 950
162 771
157 048
Living cost
28 536
28 536
28 536
28 536
Free-cash
162 226
165 414
134 235
128 512

Estimated living cost  is ₽28536 per week

₽18451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5017
₽8811
₽8811
₽78614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
46 327
pensions
-
-
-
822
labour market
-
-
-
17 174
national
-
-
-
26 876
total
-
-
-
91 199
Employee
192 833
192 833
192 833
-
pensions
274
274
274
-
municipal
41 063
41 063
41 063
-
national
23 558
23 558
23 558
-
labour market
15 405
15 405
15 405
-
total
80 300
80 300
80 300
-
Employer
192 833
192 833
192 833
-
municipal
41 128
41 128
41 128
-
pensions
548
548
548
-
national
23 599
23 599
23 599
-
labour market
15 427
15 427
15 427
-
total
80 702
80 702
80 702
-
Corporate
8 812
-
-
-
income
1 938
-
-
-
total
1 938
-
-
-
Dividends
6 873
-
-
-
withholding
1 856
-
-
-
total
1 856
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
164 796
161 002
161 002
91 199
After tax
50 704
54 498
54 498
124 301
Living cost
45 687
45 687
45 687
45 687
Free-cash
5 017
8 811
8 811
78 614

Estimated living cost  is ₽45687 per week

₽31269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14256
₽97812
-₽3405
₽126291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 099
income
-
-
-
61 646
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
68 349
Employee
32 814
-
196 790
-
pensions
3 695
-
7 342
-
health
3 757
-
22 532
-
income
4 502
-
48 244
-
total
11 954
-
78 118
-
Employer
32 814
-
196 790
-
pensions
5 335
-
10 603
-
unemployment
804
-
4 821
-
accident
548
-
3 286
-
total
6 687
-
18 710
-
Corporate
175 999
215 500
-
-
income

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

158 399
193 950
-
-
total
158 399
193 950
-
-
Dividends
17 600
21 550
-
-
withholding
3 344
4 095
-
-
total
3 344
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 384
198 045
96 828
68 349
After tax
35 116
17 455
118 672
147 151
Living cost
20 860
20 860
20 860
20 860
Free-cash
14 256
-3 405
97 812
126 291

Estimated living cost  is ₽20860 per week

₽15184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98524
₽70849
₽95590
₽95534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 922
municipal
-
-
-
38 264
national
-
-
-
42 333
total
-
-
-
83 519
Employee
49 946
-
181 289
-
unemployment
749
-
2 719
-
pensions
3 371
-
12 238
-
municipal
8 181
-
29 509
-
national
825
-
27 133
-
health
373
-
2 396
-
total
13 499
-
73 995
-
Employer
49 946
-
181 289
-
pensions
8 665
-
31 453
-
health
384
-
1 396
-
unemployment
324
-
1 178
-
accident
50
-
182
-
total
9 423
-
34 209
-
Corporate
156 130
215 500
-
-
income
31 226
43 100
-
-
total
31 226
43 100
-
-
Dividends

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

93 678
129 300
-
-
national
9 519
17 089
-
-
municipal
16 862
23 274
-
-
total
26 381
40 363
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 529
83 463
108 204
83 519
After tax
134 971
132 037
107 296
131 981
Living cost
36 447
36 447
36 447
36 447
Free-cash
98 524
95 590
70 849
95 534

Estimated living cost  is ₽36447 per week

₽23807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129906
₽121132
₽135072
₽122896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 360
health
-
-
-
5 495
income
-
-
-
49 769
total
-
-
-
70 624
Employee
72 999
72 999
203 563
-
health
566
1 241
3 461
-
social contributions
2 760
6 059
8 172
-
income
7 948
6 758
48 818
-
total
11 274
14 058
60 451
-
Employer
72 999
72 999
203 563
-
health
614
1 351
3 765
-
social contributions
2 760
6 059
8 172
-
total
3 374
7 410
11 937
-
Corporate
178 872
135 091
-
-
income
22 359
16 886
-
-
total
22 359
16 886
-
-
Dividends
156 513
118 206
-
-
withholding
26 607
20 094
-
-
total
26 607
20 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 614
58 448
72 388
70 624
After tax
151 886
157 052
143 112
144 876
Living cost
21 980
21 980
21 980
21 980
Free-cash
129 906
135 072
121 132
122 896

Estimated living cost  is ₽21980 per week

₽13173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158554
₽149563
₽163383
₽168601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 436
income
-
-
-
22 325
pensions
-
-
-
6 039
unemployment
-
-
-
27
total
-
-
-
31 827
Employee

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

21 790
-
206 222
-
unemployment
108
-
450
-
pensions
3 268
-
13 511
-
health
1 852
-
7 657
-
income
1 490
-
19 970
-
total
6 718
-
41 588
-
Employer

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

21 790
-
206 222
-
pensions
1 198
-
4 954
-
health
937
-
3 873
-
unemployment
108
-
450
-
total
2 243
-
9 277
-
Corporate
191 467
215 500
-
-
income
17 232
19 395
-
-
total
17 232
19 395
-
-
Dividends
174 235
196 105
-
-
withholding
15 681
17 650
-
-
total
15 681
17 650
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 874
37 045
50 865
31 827
After tax
173 626
178 455
164 635
183 673
Living cost
15 072
15 072
15 072
15 072
Free-cash
158 554
163 383
149 563
168 601

Estimated living cost  is ₽15072 per week

₽9617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112766
₽90311
₽116957
₽94293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
793
income
-
-
-
68 704
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
95 102
Employee
35 102
-
187 448
-
unemployment
544
-
1 364
-
pensions
1 650
-
4 136
-
income
6 767
-
65 445
-
other
34
-
88
-
total
8 995
-
71 033
-
Employer
35 102
-
187 448
-
pensions
8 283
-
20 766
-
other
281
-
704
-
unemployment
1 931
-
4 839
-
accident
695
-
1 742
-
total
11 190
-
28 051
-
Corporate
169 207
215 500
-
-
income

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

25 382
32 325
-
-
total
25 382
32 325
-
-
Dividends
143 825
183 175
-
-
withholding
31 062
40 113
-
-
total
31 062
40 113
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 629
72 438
99 084
95 102
After tax
138 871
143 062
116 416
120 398
Living cost
26 105
26 105
26 105
26 105
Free-cash
112 766
116 957
90 311
94 293

Estimated living cost  is ₽26105 per week

₽17621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132322
₽137011
₽132624
₽137142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
977
income
-
-
-
74 185
pensions
-
-
-
1 348
total
-
-
-
76 510
Employee
2 815
-
213 984
-
unemployment
28
-
67
-
pensions
253
-
607
-
health
141
-
337
-
income
544
-
74 114
-
total
966
-
75 125
-
Employer
2 815
-
213 984
-
pensions
310
-
741
-
health
267
-
640
-
unemployment
56
-
135
-
total
633
-
1 516
-
Corporate
212 052
215 500
-
-
income
46 651
47 410
-
-
total
46 651
47 410
-
-
Dividends
165 401
168 090
-
-
withholding
33 080
33 618
-
-
total
33 080
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 330
81 028
76 641
76 510
After tax
134 170
134 472
138 859
138 990
Living cost
1 848
1 848
1 848
1 848
Free-cash
132 322
132 624
137 011
137 142

Estimated living cost  is ₽1848 per week

₽1098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134620
₽122672
₽139289
₽122671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 223
income
-
-
-
49 911
pensions
-
-
-
18 233
unemployment
-
-
-
1 052
total
-
-
-
76 419
Employee

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

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

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

24 745
-
202 948
-
unemployment
186
-
526
-
pensions
3 464
-
9 818
-
health
1 274
-
3 611
-
income
3 411
-
49 911
-
total
8 335
-
63 866
-
Employer

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

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

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

24 745
-
202 948
-
pensions
2 969
-
8 415
-
health
1 274
-
3 611
-
unemployment
186
-
526
-
total
4 429
-
12 552
-
Corporate
186 326
215 500
-
-
income
27 949
32 325
-
-
total
27 949
32 325
-
-
Dividends
158 377
183 175
-
-
withholding
23 757
27 476
-
-
total
23 757
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 470
59 801
76 418
76 419
After tax
151 030
155 699
139 082
139 081
Living cost
16 410
16 410
16 410
16 410
Free-cash
134 620
139 289
122 672
122 671

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
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.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96642
₽69818
₽96985
₽86720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
215 500
social contributions

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

-
-
-
74 886
income
-
-
-
28 301
surtax
-
-
-
-
total
-
-
-
103 187
Employee
36 846
-
174 140
-
social contributions
4 053
-
19 156
-
income
7 199
-
59 303
-
surtax
-
-
272
-
total
11 252
-
78 731
-
Employer
36 846
-
174 140
-
social contributions
8 750
-
41 358
-
total
8 750
-
41 358
-
Corporate
169 904
215 500
-
-
income
35 679
45 254
-
-
surtax
-
-
-
-
total
35 679
45 254
-
-
Dividends
134 225
170 246
-
-
withholding
37 584
47 668
-
-
total
37 584
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 265
92 922
120 089
103 187
After tax
122 235
122 578
95 411
112 313
Living cost
25 593
25 593
25 593
25 593
Free-cash
96 642
96 985
69 818
86 720

Estimated living cost  is ₽25593 per week

₽18127
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.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103485
₽83052
₽109698
₽87034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
793
income
-
-
-
68 704
pensions
-
-
-
24 901
other
-
-
-
88
unemployment
-
-
-
616
total
-
-
-
95 102
Employee
45 848
-
187 448
-
unemployment
710
-
1 364
-
pensions
2 155
-
4 136
-
income
9 576
-
65 445
-
other
45
-
88
-
total
12 486
-
71 033
-
Employer
45 848
-
187 448
-
pensions
10 820
-
20 766
-
other
368
-
704
-
unemployment
2 522
-
4 839
-
accident
908
-
1 742
-
total
14 618
-
28 051
-
Corporate
155 034
215 500
-
-
income

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

23 256
32 325
-
-
total
23 256
32 325
-
-
Dividends
131 778
183 175
-
-
withholding
28 291
40 113
-
-
total
28 291
40 113
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 651
72 438
99 084
95 102
After tax
136 849
143 062
116 416
120 398
Living cost
33 364
33 364
33 364
33 364
Free-cash
103 485
109 698
83 052
87 034

Estimated living cost  is ₽33364 per week

₽23960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162153
₽166979
₽167933
₽158007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 811
income
-
-
-
32 325
pensions

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

-
-
-
4 904
unemployment
-
-
-
133
total
-
-
-
41 173
Employee
21 610
-
208 999
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
pensions

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

1 897
-
2 910
-
health
994
-
1 524
-
income
2 161
-
20 900
-
total
5 289
-
25 699
-
Employer
21 610
-
208 999
-
pensions

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

2 381
-
3 652
-
health
1 491
-
2 286
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
365
-
total
4 239
-
6 502
-
Corporate
189 651
215 500
-
-
income
18 965
21 550
-
-
total
18 965
21 550
-
-
Dividends
170 686
193 950
-
-
withholding
8 534
9 697
-
-
total
8 534
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
37 027
31 247
32 201
41 173
After tax
178 473
184 253
183 299
174 327
Living cost
16 320
16 320
16 320
16 320
Free-cash
162 153
167 933
166 979
158 007

Estimated living cost  is ₽16320 per week

₽10794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Sofia model

Close
Berlin , Germany
₽86594
₽96437
₽74177
₽71846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 486
trade
-
-
-
24 591
income

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

-
-
-
71 968
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.

-
-
-
3 958
total
-
-
-
107 003
Employee

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

47 235
-
215 500
-
health

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

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

6 486
-
6 486
-
income

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

3 884
-
71 968
-
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.

214
-
3 958
-
total
10 584
-
82 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 265
215 500
-
-
income
25 239
32 325
-
-
chamber of commerce
391
459
-
-
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.

1 389
1 778
-
-
trade
24 146
30 925
-
-
total
51 165
65 487
-
-
Dividends
117 100
150 013
-
-
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.

1 591
2 043
-
-
withholding
28 915
37 142
-
-
total
30 506
39 185
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 255
104 672
82 412
107 003
After tax
123 245
110 828
133 088
108 497
Living cost
36 651
36 651
36 651
36 651
Free-cash
86 594
74 177
96 437
71 846

Estimated living cost  is ₽36651 per week

₽25283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98869
₽53841
₽96771
₽53841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
37 073
income
-
-
-
70 508
total
-
-
-
107 581
Employee
74 259
-
215 500
-
social contributions
6 169
-
37 073
-
income
14 012
-
70 508
-
total
20 181
-
107 581
-
Employer
74 259
-
215 500
-
total
-
-
-
-
Corporate
141 241
215 500
-
-
income
17 655
26 938
-
-
total
17 655
26 938
-
-
Dividends
123 586
188 562
-
-
withholding
24 717
37 713
-
-
total
24 717
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 553
64 651
107 581
107 581
After tax
152 947
150 849
107 919
107 919
Living cost
54 078
54 078
54 078
54 078
Free-cash
98 869
96 771
53 841
53 841

Estimated living cost  is ₽54078 per week

₽41142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103917
₽115818
₽100599
₽142854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 325
health

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

-
-
-
5 860
total
-
-
-
38 185
Employee
43 550
-
211 133
-
social contributions
4 363
-
4 367
-
income
4 725
-
56 487
-
total
9 088
-
60 854
-
Employer
43 550
-
211 133
-
social contributions
4 363
-
4 367
-
total
4 363
-
4 367
-
Corporate
167 587
215 500
-
-
income
58 656
75 425
-
-
total
58 656
75 425
-
-
Dividends
108 931
140 075
-
-
social contributions
5 015
5 015
-
-
total
5 015
5 015
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 122
80 440
65 221
38 185
After tax
138 378
135 060
150 279
177 315
Living cost
34 461
34 461
34 461
34 461
Free-cash
103 917
100 599
115 818
142 854

Estimated living cost  is ₽34461 per week

₽22699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106472
₽85298
₽100977
₽104516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 111
pensions
-
-
-
9 391
total
-
-
-
76 502
Employee
47 331
-
187 771
-
pensions
3 613
-
11 171
-
health
617
-
2 521
-
income
8 619
-
54 299
-
total
12 849
-
67 991
-
Employer
47 331
-
187 771
-
pensions
4 782
-
24 161
-
health
900
-
3 568
-
total
5 682
-
27 729
-
Corporate
162 487
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.

30 873
40 944
-
-
total
30 873
40 944
-
-
Dividends
131 614
174 556
-
-
withholding
25 142
39 097
-
-
total
25 142
39 097
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 546
80 041
95 720
76 502
After tax
140 954
135 459
119 780
138 998
Living cost
34 482
34 482
34 482
34 482
Free-cash
106 472
100 977
85 298
104 516

Estimated living cost  is ₽34482 per week

₽23654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3171
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.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13940
₽95747
-₽5470
₽124226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
health
-
-
-
2 099
income
-
-
-
61 646
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
68 349
Employee
36 062
-
196 790
-
pensions
4 061
-
7 342
-
health
4 129
-
22 532
-
income
4 947
-
48 244
-
total
13 137
-
78 118
-
Employer
36 062
-
196 790
-
pensions
5 863
-
10 603
-
unemployment
883
-
4 821
-
accident
602
-
3 286
-
total
7 348
-
18 710
-
Corporate
172 089
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.

154 880
193 950
-
-
total
154 880
193 950
-
-
Dividends
17 209
21 550
-
-
withholding
3 270
4 095
-
-
total
3 270
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
178 635
198 045
96 828
68 349
After tax
36 865
17 455
118 672
147 151
Living cost
22 925
22 925
22 925
22 925
Free-cash
13 940
-5 470
95 747
124 226

Estimated living cost  is ₽22925 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149162
₽145537
₽152034
₽124661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 261
health insurance
-
-
-
11 236
pensions
-
-
-
27 937
unemployment
-
-
-
1 822
work injury
-
-
-
759
total
-
-
-
78 015
Employee

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

20 519
-
215 500
-
unemployment
246
-
911
-
pensions
3 775
-
13 969
-
work injury
103
-
380
-
income
2 052
-
36 261
-
health insurance
1 518
-
5 618
-
total
7 694
-
57 139
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 981
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%.

19 498
21 550
-
-
total
19 498
21 550
-
-
Dividends
175 483
193 950
-
-
withholding
26 322
29 092
-
-
total
26 322
29 092
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 514
50 642
57 139
78 015
After tax
161 986
164 858
158 361
137 485
Living cost
12 824
12 824
12 824
12 824
Free-cash
149 162
152 034
145 537
124 661

Estimated living cost  is ₽12824 per week

₽7945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71374
₽55652
₽75691
₽63448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 514
municipal
-
-
-
1 511
regional
-
-
-
5 278
national
-
-
-
59 930
total
-
-
-
114 233
Employee
79 996
-
215 500
-
regional
1 208
-
4 784
-
municipal
477
-
1 378
-
national
13 519
-
53 576
-
social contributions
26 974
-
62 291
-
total
42 178
-
122 029
-
Employer
79 996
-
215 500
-
total
-
-
-
-
Corporate
135 504
215 500
-
-
municipal
6 531
10 388
-
-
nationa
32 521
51 720
-
-
total
39 052
62 108
-
-
Dividends
96 452
153 392
-
-
withholding
25 077
39 882
-
-
total
25 077
39 882
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 307
101 990
122 029
114 233
After tax
109 193
113 510
93 471
101 267
Living cost
37 819
37 819
37 819
37 819
Free-cash
71 374
75 691
55 652
63 448

Estimated living cost  is ₽37819 per week

₽26565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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