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
₽90261
₽79704
₽104251
₽77298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
26 953
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.

-
-
-
71 868
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.

-
-
-
6 520
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.

-
-
-
3 954
total
-
-
-
109 295
Employee

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

36 503
-
215 500
-
surtax

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

56
-
3 954
-
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.

6 520
-
6 520
-
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.

1 020
-
71 868
-
total
7 596
-
82 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 997
215 500
-
-
trade
28 192
33 942
-
-
income
26 850
32 325
-
-
surtax

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

1 476
1 779
-
-
chamber of commerce
402
455
-
-
total
56 920
68 501
-
-
Dividends
122 077
147 000
-
-
withholding
30 157
36 387
-
-
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.

1 659
2 001
-
-
total
31 816
38 388
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 332
106 889
82 342
109 295
After tax
119 168
108 611
133 158
106 205
Living cost
28 907
28 907
28 907
28 907
Free-cash
90 261
79 704
104 251
77 298

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84483
₽85301
₽74944
₽73787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
2 317
pensions
-
-
-
25 860
municipal
-
-
-
23 924
national
-
-
-
40 441
total
-
-
-
92 542
Employee
76 224
-
186 298
-
national
14 589
-
42 268
-
municipal
9 415
-
24 758
-
pensions
3 049
-
7 452
-
total
27 053
-
74 478
-
Employer
76 224
-
186 298
-
pensions
6 098
-
14 904
-
social contributions
819
-
2 003
-
total
6 917
-
16 907
-
Corporate
127 328
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%.

25 466
43 100
-
-
total
25 466
43 100
-
-
Dividends
101 862
172 400
-
-
withholding
22 410
37 928
-
-
total
22 410
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 846
81 028
91 385
92 542
After tax
133 654
134 472
124 115
122 958
Living cost
49 171
49 171
49 171
49 171
Free-cash
84 483
85 301
74 944
73 787

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144717
₽152544
₽73881
₽58582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 566
income
-
-
-
45 544
microenterprise
-
-
-
-
surtax
-
-
-
54 953
total
-
-
-
137 063
Employee
27 887
-
169 460
-
surtax
-
-
24 571
-
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.

3 068
-
12 511
-
income
4 964
-
38 642
-
total
8 032
-
75 724
-
Employer
27 887
-
169 460
-
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.

6 717
-
27 400
-
surtax
-
-
18 640
-
total
6 717
-
46 040
-
Corporate
180 895
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%.

36 179
43 101
-
-
total
36 179
43 101
-
-
Dividends

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

144 717
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 928
43 101
121 764
137 063
After tax
164 572
172 399
93 736
78 437
Living cost
19 855
19 855
19 855
19 855
Free-cash
144 717
152 544
73 881
58 582

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61574
₽67420
₽97841
₽75695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 874
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
99 825
Employee
81 500
81 500
197 764
-
health
12 509
10 640
11 769
-
pensions
14 670
11 182
11 182
-
income

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

13 340
13 340
36 991
-
total
40 519
35 162
59 942
-
Employer
81 500
81 500
197 764
-
pensions
5 672
5 672
7 051
-
unemployment
2 934
2 934
3 646
-
health
5 665
5 665
7 040
-
total
14 271
14 271
17 737
-
Corporate
120 728
119 729
-
-
income
24 146
23 946
-
-
total
24 146
23 946
-
-
Dividends
96 583
95 782
-
-
withholding
14 487
14 368
-
-
income
20 523
20 353
-
-
total
35 010
34 721
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 946
108 100
77 679
99 825
After tax
101 554
107 400
137 821
115 675
Living cost
39 980
39 980
39 980
39 980
Free-cash
61 574
67 420
97 841
75 695

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76843
₽77740
₽67345
₽68313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
10 167
unemployment
-
-
-
88
pensions
-
-
-
9 459
municipal
-
-
-
56 703
accident
-
-
-
175
national
-
-
-
25 212
health
-
-
-
5 460
total
-
-
-
107 264
Employee
56 887
-
188 008
-
national
-
-
24 676
-
municipal
16 964
-
56 064
-
total
16 964
-
80 740
-
Employer
56 887
-
188 008
-
other
6 610
-
10 167
-
accident
114
-
175
-
pensions
6 149
-
9 459
-
unemployment
1 502
-
2 310
-
health
3 499
-
5 381
-
total
17 874
-
27 492
-
Corporate
140 739
215 500
-
-
income
30 963
47 410
-
-
total
30 963
47 410
-
-
Dividends
109 776
168 090
-
-
withholding
32 933
50 427
-
-
total
32 933
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 734
97 837
108 232
107 264
After tax
116 766
117 663
107 268
108 236
Living cost
39 923
39 923
39 923
39 923
Free-cash
76 843
77 740
67 345
68 313

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83424
₽70011
₽95666
₽67516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
28 150
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.

-
-
-
71 868
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.

-
-
-
6 520
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.

-
-
-
3 954
total
-
-
-
110 492
Employee

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

48 398
-
215 500
-
surtax

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

228
-
3 954
-
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.

6 520
-
6 520
-
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.

4 158
-
71 868
-
total
10 906
-
82 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 102
215 500
-
-
trade
27 489
35 451
-
-
income
25 066
32 325
-
-
surtax

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

1 378
1 779
-
-
chamber of commerce
382
451
-
-
total
54 315
70 006
-
-
Dividends
112 787
145 495
-
-
withholding
27 833
36 010
-
-
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.

1 530
1 981
-
-
total
29 363
37 991
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 584
107 997
82 342
110 492
After tax
120 916
107 503
133 158
105 008
Living cost
37 492
37 492
37 492
37 492
Free-cash
83 424
70 011
95 666
67 516

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122142
₽126101
₽112201
₽113966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 442
income
-
-
-
49 642
health
-
-
-
5 495
total
-
-
-
70 579
Employee
73 387
73 387
203 520
-
health
730
1 248
3 459
-
social contributions
3 566
6 091
8 215
-
income
7 706
6 793
48 690
-
total
12 002
14 132
60 364
-
Employer
73 387
73 387
203 520
-
social contributions
3 566
6 091
8 215
-
health
795
1 358
3 765
-
total
4 361
7 449
11 980
-
Corporate
168 181
134 664
-
-
income
21 023
16 832
-
-
total
21 023
16 832
-
-
Dividends
147 158
117 831
-
-
withholding
25 017
20 031
-
-
total
25 017
20 031
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 403
58 444
72 344
70 579
After tax
153 097
157 056
143 156
144 921
Living cost
30 955
30 955
30 955
30 955
Free-cash
122 142
126 101
112 201
113 966

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103574
₽103206
₽107168
₽131528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
180 335
-
unemployment
385
153
2 705
-
health
1 795
714
12 623
-
pensions
2 564
1 020
18 033
-
income
3 134
1 247
22 046
-
total
7 878
3 134
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.

25 636
10 203
180 335
-
pensions
4 999
1 990
35 165
-
total
4 999
1 990
35 165
-
Corporate
184 865
203 308
-
-
income
16 638
18 298
-
-
total
16 638
18 298
-
-
Dividends
168 227
185 010
-
-
withholding
31 963
35 152
-
-
social contributions
32 688
35 960
-
-
total
64 651
71 112
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 166
94 534
90 572
66 212
After tax
121 334
120 966
124 928
149 288
Living cost
17 760
17 760
17 760
17 760
Free-cash
103 574
103 206
107 168
131 528

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143419
₽149347
₽101158
₽92457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
28 876
pensions
-
-
-
43 101
health
-
-
-
28 014
total
-
-
-
99 991
Employee
27 074
-
161 062
-
unemployment
433
-
2 577
-
pensions
542
-
3 222
-
income
3 048
-
31 053
-
total
4 023
-
36 852
-
Employer
27 074
-
161 062
-
pensions
5 415
-
32 212
-
unemployment
217
-
1 288
-
health
3 519
-
20 938
-
total
9 151
-
54 438
-
Corporate
179 274
215 500
-
-
income
35 855
43 101
-
-
total
35 855
43 101
-
-
Dividends
143 420
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
49 029
43 101
91 290
99 991
After tax
166 471
172 399
124 210
115 509
Living cost
23 052
23 052
23 052
23 052
Free-cash
143 419
149 347
101 158
92 457

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
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.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14160
-₽4017
₽97113
₽125686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
362
income
-
-
-
61 543
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
68 341
Employee
33 778
-
196 645
-
health
3 868
-
22 516
-
pensions
3 804
-
7 447
-
income
4 634
-
48 096
-
total
12 306
-
78 059
-
Employer
33 778
-
196 645
-
accident
564
-
3 284
-
pensions
5 493
-
10 753
-
unemployment
828
-
4 818
-
total
6 885
-
18 855
-
Corporate
174 838
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.

157 354
193 950
-
-
total
157 354
193 950
-
-
Dividends
17 484
21 550
-
-
withholding
3 322
4 094
-
-
total
3 322
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 867
198 044
96 914
68 341
After tax
35 633
17 456
118 586
147 159
Living cost
21 473
21 473
21 473
21 473
Free-cash
14 160
-4 017
97 113
125 686

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195428
₽196895
₽164570
₽205515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 788
-
215 500
-
income
1 957
-
43 100
-
total
1 957
-
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%.

205 712
215 500
-
-
total
-
-
-
-
Dividends
205 712
215 500
-
-
withholding
10 285
10 775
-
-
total
10 285
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 242
10 775
43 100
2 155
After tax
203 258
204 725
172 400
213 345
Living cost
7 830
7 830
7 830
7 830
Free-cash
195 428
196 895
164 570
205 515

Estimated living cost  is ₽7830 per week

₽4853
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.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126454
₽132899
₽102371
₽104151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 893
income
-
-
-
37 809
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.

-
-
-
34 831
health
-
-
-
6 386
total
-
-
-
85 919
Employee
34 652
-
178 660
-
unemployment
346
-
1 451
-
health
485
-
2 032
-
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.

2 425
-
10 159
-
income
5 966
-
37 217
-
total
9 222
-
50 859
-
Employer
34 652
-
178 660
-
other
1 733
-
7 255
-
accident
277
-
1 429
-
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.

5 892
-
24 673
-
unemployment
346
-
1 451
-
health
485
-
2 032
-
total
8 733
-
36 840
-
Corporate
172 114
215 500
-
-
income
36 144
45 254
-
-
total
36 144
45 254
-
-
Dividends
135 970
170 246
-
-
withholding
9 517
11 917
-
-
total
9 517
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 616
57 171
87 699
85 919
After tax
151 884
158 329
127 801
129 581
Living cost
25 430
25 430
25 430
25 430
Free-cash
126 454
132 899
102 371
104 151

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79993
₽72345
₽56523
₽75761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 708
pensions
-
-
-
9 510
total
-
-
-
76 218
Employee
89 873
-
187 805
-
health
1 481
-
2 536
-
pensions
8 670
-
11 344
-
income
16 201
-
53 881
-
total
26 352
-
67 761
-
Employer
89 873
-
187 805
-
pensions
10 611
-
24 126
-
health
1 707
-
3 569
-
total
12 318
-
27 695
-
Corporate
113 309
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.

21 528
40 946
-
-
total
21 528
40 946
-
-
Dividends
91 780
174 554
-
-
withholding
11 788
38 688
-
-
total
11 788
38 688
-
-
Income
215 500
215 500
215 500
215 500
Total tax
71 986
79 634
95 456
76 218
After tax
143 514
135 866
120 044
139 282
Living cost
63 521
63 521
63 521
63 521
Free-cash
79 993
72 345
56 523
75 761

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
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.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167255
₽171701
₽170652
₽161696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
134
income
-
-
-
32 325
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
41 253
Employee
16 619
-
208 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
20 894
-
total
4 068
-
25 736
-
Employer
16 619
-
208 940
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
195 620
215 500
-
-
income
19 562
21 550
-
-
total
19 562
21 550
-
-
Dividends
176 058
193 950
-
-
withholding
8 803
9 698
-
-
total
8 803
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 694
31 248
32 297
41 253
After tax
179 806
184 252
183 203
174 247
Living cost
12 551
12 551
12 551
12 551
Free-cash
167 255
171 701
170 652
161 696

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56877
₽54478
₽84899
₽62753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 874
pensions
-
-
-
11 182
health
-
-
-
11 769
total
-
-
-
99 825
Employee
88 483
81 500
197 764
-
health
11 039
10 640
11 769
-
pensions
11 182
11 182
11 182
-
income

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

13 340
13 340
36 991
-
total
35 561
35 162
59 942
-
Employer
88 483
81 500
197 764
-
pensions
6 158
5 672
7 051
-
unemployment
3 186
2 934
3 646
-
health
6 149
5 665
7 040
-
total
15 493
14 271
17 737
-
Corporate
111 525
119 729
-
-
income
22 306
23 946
-
-
total
22 306
23 946
-
-
Dividends
89 219
95 782
-
-
withholding
13 382
14 368
-
-
income
18 959
20 353
-
-
total
32 341
34 721
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 701
108 100
77 679
99 825
After tax
109 799
107 400
137 821
115 675
Living cost
52 922
52 922
52 922
52 922
Free-cash
56 877
54 478
84 899
62 753

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115992
₽124506
₽93596
₽102978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
22 810
health
-
-
-
29 092
solidarity contribution
-
-
-
2 412
total
-
-
-
88 656
Employee
35 096
-
170 732
-
solidarity contribution
-
-
1 570
-
health
4 738
-
23 049
-
social contributions
2 281
-
7 645
-
income
4 212
-
21 006
-
total
11 231
-
53 270
-
Employer
35 096
-
170 732
-
social contributions
8 774
-
29 402
-
health
3 159
-
15 366
-
total
11 933
-
44 768
-
Corporate
168 471
215 500
-
-
income
32 009
40 945
-
-
total
32 009
40 945
-
-
Dividends
136 461
174 555
-
-
withholding
20 469
26 183
-
-
total
20 469
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 642
67 128
98 038
88 656
After tax
139 858
148 372
117 462
126 844
Living cost
23 866
23 866
23 866
23 866
Free-cash
115 992
124 506
93 596
102 978

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69726
₽74707
₽55545
₽63637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
2 728
social contributions
-
-
-
47 766
municipal
-
-
-
1 342
national
-
-
-
59 756
total
-
-
-
111 592
Employee
84 819
-
215 500
-
national
14 697
-
53 368
-
regional
800
-
2 471
-
municipal
449
-
1 222
-
social contributions
28 601
-
62 623
-
total
44 547
-
119 684
-
Employer
84 819
-
215 500
-
total
-
-
-
-
Corporate
130 681
215 500
-
-
nationa
31 363
51 720
-
-
municipal
5 096
8 405
-
-
total
36 459
60 125
-
-
Dividends
94 222
155 375
-
-
withholding
24 497
40 397
-
-
total
24 497
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 503
100 522
119 684
111 592
After tax
109 997
114 978
95 816
103 908
Living cost
40 271
40 271
40 271
40 271
Free-cash
69 726
74 707
55 545
63 637

Estimated living cost  is ₽40271 per week

₽28072
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.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111520
₽114489
₽74458
₽80291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
67 942
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
11 472
total
-
-
-
114 149
Employee
31 561
-
188 688
-
surtax
103
-
10 329
-
unemployment
2 197
-
8 865
-
other
-
-
-
-
health
806
-
3 247
-
pensions
2 105
-
8 496
-
income
5 290
-
62 233
-
total
10 501
-
93 170
-
Employer
31 561
-
188 688
-
other
-
-
-
-
pensions
4 207
-
16 979
-
unemployment
1 000
-
4 037
-
health
1 436
-
5 796
-
total
6 643
-
26 812
-
Corporate
177 296
215 500
-
-
income
46 096
56 030
-
-
total
46 096
56 030
-
-
Dividends
131 200
159 470
-
-
withholding
19 680
23 921
-
-
total
19 680
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 920
79 951
119 982
114 149
After tax
132 580
135 549
95 518
101 351
Living cost
21 060
21 060
21 060
21 060
Free-cash
111 520
114 489
74 458
80 291

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98746
₽92470
₽76648
₽95886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 708
pensions
-
-
-
9 510
total
-
-
-
76 218
Employee
60 231
-
187 805
-
health
874
-
2 536
-
pensions
5 112
-
11 344
-
income
10 848
-
53 881
-
total
16 834
-
67 761
-
Employer
60 231
-
187 805
-
pensions
6 520
-
24 126
-
health
1 144
-
3 569
-
total
7 664
-
27 695
-
Corporate
147 605
215 500
-
-
income

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

28 044
40 946
-
-
total
28 044
40 946
-
-
Dividends
119 561
174 554
-
-
withholding
20 816
38 688
-
-
total
20 816
38 688
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 358
79 634
95 456
76 218
After tax
142 142
135 866
120 044
139 282
Living cost
43 396
43 396
43 396
43 396
Free-cash
98 746
92 470
76 648
95 886

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
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.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55170
₽22737
₽87402
₽95542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other

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

-
-
-
4 311
city
-
-
-
2 272
regional
-
-
-
11 914
pensions
-
-
-
19 826
national
-
-
-
5 344
health
-
-
-
485
total
-
-
-
44 152
Employee
88 713
-
193 793
-
national
420
-
4 359
-
unemployment
-
-
-
-
city
952
-
2 093
-
regional
2 905
-
10 572
-
health
201
-
436
-
pensions
7 453
-
15 260
-
total
11 931
-
32 720
-
Employer
88 713
-
193 793
-
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.

1 774
-
3 876
-
pensions
7 453
-
15 260
-
unemployment
-
-
-
-
health
201
-
436
-
total
9 428
-
19 572
-
Corporate
116 385
215 500
-
-
regional
24 616
45 579
-
-
national
9 893
18 317
-
-
total
34 509
63 896
-
-
Dividends
81 876
151 604
-
-
withholding
28 656
53 061
-
-
total
28 656
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
84 524
116 957
52 292
44 152
After tax
130 976
98 543
163 208
171 348
Living cost
75 806
75 806
75 806
75 806
Free-cash
55 170
22 737
87 402
95 542

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78152
₽62677
₽89438
₽60089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
29 349
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.

-
-
-
71 868
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.

-
-
-
6 520
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.

-
-
-
3 954
total
-
-
-
111 691
Employee

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

57 356
-
215 500
-
surtax

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

371
-
3 954
-
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.

6 520
-
6 520
-
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.

6 745
-
71 868
-
total
13 636
-
82 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 144
215 500
-
-
trade
27 121
36 957
-
-
income
23 722
32 325
-
-
surtax

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

1 304
1 779
-
-
chamber of commerce
368
447
-
-
total
52 515
71 508
-
-
Dividends
105 629
143 992
-
-
withholding
26 044
35 635
-
-
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.

1 433
1 960
-
-
total
27 477
37 595
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 628
109 103
82 342
111 691
After tax
121 872
106 397
133 158
103 809
Living cost
43 720
43 720
43 720
43 720
Free-cash
78 152
62 677
89 438
60 089

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81597
₽75959
₽78841
₽85201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 681
social contributions
-
-
-
6 141
income
-
-
-
40 324
pensions
-
-
-
33 910
health
-
-
-
10 591
surtax
-
-
-
-
total
-
-
-
97 647
Employee
40 846
-
164 340
-
surtax
-
-
-
-
pensions
4 618
-
12 441
-
social contributions
1 165
-
4 684
-
income
2 411
-
35 725
-
total
8 194
-
52 850
-
Employer
40 846
-
164 340
-
other
1 409
-
6 843
-
pensions
6 710
-
20 761
-
unemployment
1 654
-
6 656
-
social contributions
123
-
493
-
health
2 860
-
16 404
-
total
12 756
-
51 157
-
Corporate
161 899
215 500
-
-
income
45 332
60 341
-
-
surtax
-
-
-
-
total
45 332
60 341
-
-
Dividends
116 566
155 159
-
-
withholding
14 920
19 861
-
-
social contributions
20 049
26 687
-
-
surtax
-
-
-
-
total
34 969
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 251
106 889
104 007
97 647
After tax
114 249
108 611
111 493
117 853
Living cost
32 652
32 652
32 652
32 652
Free-cash
81 597
75 959
78 841
85 201

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84496
₽79194
₽82076
₽88436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 681
social contributions
-
-
-
6 141
income
-
-
-
40 324
pensions
-
-
-
33 910
health
-
-
-
10 591
surtax
-
-
-
-
total
-
-
-
97 647
Employee
36 461
-
164 340
-
surtax
-
-
-
-
pensions
4 124
-
12 441
-
social contributions
1 040
-
4 684
-
income
1 880
-
35 725
-
total
7 044
-
52 850
-
Employer
36 461
-
164 340
-
other
1 259
-
6 843
-
pensions
5 991
-
20 761
-
unemployment
1 476
-
6 656
-
social contributions
109
-
493
-
health
2 552
-
16 404
-
total
11 387
-
51 157
-
Corporate
167 653
215 500
-
-
income
46 942
60 341
-
-
surtax
-
-
-
-
total
46 942
60 341
-
-
Dividends
120 711
155 159
-
-
withholding
15 451
19 861
-
-
social contributions
20 763
26 687
-
-
surtax
-
-
-
-
total
36 214
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 587
106 889
104 007
97 647
After tax
113 913
108 611
111 493
117 853
Living cost
29 417
29 417
29 417
29 417
Free-cash
84 496
79 194
82 076
88 436

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111734
₽111239
₽112322
₽118159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 738
income
-
-
-
32 325
health
-
-
-
15 041
total
-
-
-
77 104
Employee
32 359
-
215 500
-
health
2 258
-
15 041
-
social contributions
4 466
-
29 738
-
income
5 397
-
38 162
-
total
12 121
-
82 941
-
Employer
32 359
-
215 500
-
total
-
-
-
-
Corporate
183 141
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%.

9 157
10 774
-
-
total
9 157
10 774
-
-
Dividends
173 984
204 726
-
-
health
12 143
14 290
-
-
withholding
26 098
30 709
-
-
social contributions
24 010
28 251
-
-
total
62 251
73 250
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 529
84 024
82 941
77 104
After tax
131 971
131 476
132 559
138 396
Living cost
20 237
20 237
20 237
20 237
Free-cash
111 734
111 239
112 322
118 159

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83677
₽85156
₽22861
₽76755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
862
unemployment
-
-
-
5 854
income
-
-
-
69 056
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
188
total
-
-
-
105 116
Employee
47 695
38 033
178 345
-
unemployment
1 431
1 141
3 345
-
other
476
380
1 116
-
health
1 846
1 472
4 314
-
pensions
4 885
3 894
11 417
-
income
5 430
2 805
57 983
-
total
14 068
9 692
78 175
-
Employer
47 695
38 033
178 345
-
payroll
1 431
1 141
5 350
-
other
2 266
1 806
7 902
-
accident
619
494
1 449
-
pensions
5 986
4 774
13 993
-
unemployment
1 431
1 141
3 345
-
chamber of commerce
190
152
714
-
surtax
188
188
188
-
health
1 802
1 438
4 214
-
total
13 913
11 134
37 155
-
Corporate
153 892
166 332
174 723
-
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.

38 473
41 583
43 680
-
total
38 473
41 583
43 680
-
Dividends
115 418
124 749
-
-
withholding
31 740
34 306
-
-
total
31 740
34 306
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 194
96 715
159 010
105 116
After tax
117 306
118 785
56 490
110 384
Living cost
33 629
33 629
33 629
33 629
Free-cash
83 677
85 156
22 861
76 755

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71315
₽83416
₽38430
₽58936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 794
national
-
-
-
86 470
communal

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

-
-
-
11 502
total
-
-
-
121 766
Employee

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

68 267
-
166 910
-
national
20 988
-
63 162
-
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.

594
-
1 453
-
health

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

3 207
-
7 846
-
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.

5 120
-
12 518
-
communal

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

3 561
-
8 706
-
total
33 470
-
93 685
-
Employer

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

68 267
-
166 910
-
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.

887
-
2 170
-
pensions

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

6 049
-
14 788
-
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.

996
-
2 438
-
surtax
7 741
-
18 926
-
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.

4 198
-
10 265
-
total
19 871
-
48 587
-
Corporate
127 361
215 500
-
-
income
25 471
46 194
-
-
surtax
509
924
-
-
total
25 980
47 118
-
-
Dividends
101 381
168 382
-
-
withholding

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

30 066
50 168
-
-
total
30 066
50 168
-
-
Income
215 500
215 500
215 500
215 500
Total tax
109 387
97 286
142 272
121 766
After tax
106 113
118 214
73 228
93 734
Living cost
34 798
34 798
34 798
34 798
Free-cash
71 315
83 416
38 430
58 936

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102067
₽108606
₽81935
₽85940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
68 555
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
95 093
Employee
47 506
-
187 299
-
unemployment
737
-
1 371
-
other
47
-
89
-
pensions
2 233
-
4 158
-
income
10 024
-
65 279
-
total
13 041
-
70 897
-
Employer
47 506
-
187 299
-
other
379
-
708
-
accident
940
-
1 751
-
pensions
11 211
-
20 877
-
unemployment
2 613
-
4 865
-
total
15 143
-
28 201
-
Corporate
152 851
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.

22 927
32 325
-
-
total
22 927
32 325
-
-
Dividends
129 924
183 175
-
-
withholding
27 855
40 102
-
-
total
27 855
40 102
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 966
72 427
99 098
95 093
After tax
136 534
143 073
116 402
120 407
Living cost
34 467
34 467
34 467
34 467
Free-cash
102 067
108 606
81 935
85 940

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56979
₽70104
₽57962
₽49373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 699
pensions
-
-
-
32 301
accident
-
-
-
1 817
communal
-
-
-
13 620
health
-
-
-
15 141
surtax
-
-
-
10 684
total
-
-
-
114 262
Employee
72 274
-
192 495
-
surtax
4 430
-
11 798
-
health
3 217
-
8 567
-
pensions
5 781
-
15 400
-
income
6 981
-
46 903
-
total
20 409
-
82 668
-
Employer
72 274
-
192 495
-
accident
650
-
1 733
-
pensions
5 781
-
15 400
-
health
2 204
-
5 872
-
total
8 635
-
23 005
-
Corporate
134 591
215 500
-
-
income
20 188
32 325
-
-
communal
9 085
14 547
-
-
surtax
1 413
2 262
-
-
total
30 686
49 134
-
-
Dividends
103 905
166 366
-
-
withholding
15 586
24 955
-
-
income
31 340
19 442
-
-
total
46 926
44 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 656
93 531
105 673
114 262
After tax
108 844
121 969
109 827
101 238
Living cost
51 865
51 865
51 865
51 865
Free-cash
56 979
70 104
57 962
49 373

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
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.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111077
₽114113
₽74082
₽79915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
67 942
pensions
-
-
-
25 475
health
-
-
-
9 043
surtax
-
-
-
11 472
total
-
-
-
114 149
Employee
32 140
-
188 688
-
surtax
114
-
10 329
-
unemployment
2 237
-
8 865
-
other
-
-
-
-
health
820
-
3 247
-
pensions
2 144
-
8 496
-
income
5 388
-
62 233
-
total
10 703
-
93 170
-
Employer
32 140
-
188 688
-
other
-
-
-
-
pensions
4 285
-
16 979
-
unemployment
1 020
-
4 037
-
health
1 462
-
5 796
-
total
6 767
-
26 812
-
Corporate
176 594
215 500
-
-
income
45 915
56 030
-
-
total
45 915
56 030
-
-
Dividends
130 678
159 470
-
-
withholding
19 602
23 921
-
-
total
19 602
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 987
79 951
119 982
114 149
After tax
132 513
135 549
95 518
101 351
Living cost
21 436
21 436
21 436
21 436
Free-cash
111 077
114 113
74 082
79 915

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85443
₽87563
₽69475
₽77521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
3 406
social contributions
-
-
-
47 766
municipal
-
-
-
1 342
national
-
-
-
59 756
total
-
-
-
112 270
Employee
52 941
-
215 500
-
national
8 387
-
53 368
-
regional
713
-
3 103
-
municipal
281
-
1 222
-
social contributions
17 852
-
62 623
-
total
27 233
-
120 316
-
Employer
52 941
-
215 500
-
total
-
-
-
-
Corporate
162 559
215 500
-
-
nationa
39 015
51 720
-
-
municipal
8 079
10 711
-
-
total
47 094
62 431
-
-
Dividends
115 465
153 069
-
-
withholding
30 021
39 797
-
-
total
30 021
39 797
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 348
102 228
120 316
112 270
After tax
111 152
113 272
95 184
103 230
Living cost
25 709
25 709
25 709
25 709
Free-cash
85 443
87 563
69 475
77 521

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108472
₽118963
₽88053
₽97435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 342
income
-
-
-
22 810
health
-
-
-
29 092
solidarity contribution
-
-
-
2 412
total
-
-
-
88 656
Employee
43 248
-
170 732
-
solidarity contribution
-
-
1 570
-
health
5 838
-
23 049
-
social contributions
2 811
-
7 645
-
income
5 190
-
21 006
-
total
13 839
-
53 270
-
Employer
43 248
-
170 732
-
social contributions
10 812
-
29 402
-
health
3 892
-
15 366
-
total
14 704
-
44 768
-
Corporate
157 548
215 500
-
-
income
29 934
40 945
-
-
total
29 934
40 945
-
-
Dividends
127 614
174 555
-
-
withholding
19 142
26 183
-
-
total
19 142
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 619
67 128
98 038
88 656
After tax
137 881
148 372
117 462
126 844
Living cost
29 409
29 409
29 409
29 409
Free-cash
108 472
118 963
88 053
97 435

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87967
₽88440
₽26089
₽80124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
862
unemployment
-
-
-
5 854
income
-
-
-
69 056
pensions
-
-
-
20 627
health
-
-
-
8 529
surtax
-
-
-
-
total
-
-
-
104 928
Employee
41 719
38 033
178 521
-
unemployment
1 251
1 141
3 345
-
other
417
380
1 116
-
health
1 614
1 472
4 314
-
pensions
4 272
3 894
11 417
-
income
3 716
2 805
58 068
-
total
11 270
9 692
78 260
-
Employer
41 719
38 033
178 521
-
payroll
1 251
1 141
5 355
-
other
1 981
1 806
7 909
-
accident
542
494
1 449
-
pensions
5 236
4 774
13 993
-
unemployment
1 251
1 141
3 345
-
chamber of commerce
167
152
714
-
surtax
-
-
-
-
health
1 577
1 438
4 214
-
total
12 005
10 946
36 979
-
Corporate
161 776
166 520
174 899
-
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.

40 444
41 630
43 724
-
total
40 444
41 630
43 724
-
Dividends
121 332
124 890
-
-
withholding
33 366
34 344
-
-
total
33 366
34 344
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 085
96 612
158 963
104 928
After tax
118 415
118 888
56 537
110 572
Living cost
30 448
30 448
30 448
30 448
Free-cash
87 967
88 440
26 089
80 124

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190234
₽192523
₽160198
₽201143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 253
-
215 500
-
income
3 051
-
43 100
-
total
3 051
-
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%.

200 247
215 500
-
-
total
-
-
-
-
Dividends
200 247
215 500
-
-
withholding
10 013
10 775
-
-
total
10 013
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
13 064
10 775
43 100
2 155
After tax
202 436
204 725
172 400
213 345
Living cost
12 202
12 202
12 202
12 202
Free-cash
190 234
192 523
160 198
201 143

Estimated living cost  is ₽12202 per week

₽8257
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.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114789
₽122772
₽69687
₽74369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
215 500
unemployment
-
-
-
322
income
-
-
-
54 651
pensions
-
-
-
39 355
health
-
-
-
21 204
total
-
-
-
115 532
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.

42 203
-
186 466
-
unemployment
60
-
261
-
health
2 726
-
12 046
-
pensions
6 542
-
28 902
-
income
7 278
-
49 971
-
total
16 606
-
91 180
-
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.

42 203
-
186 466
-
pensions
3 735
-
16 503
-
unemployment
25
-
112
-
health
2 811
-
12 419
-
total
6 571
-
29 034
-
Corporate
166 727
215 500
-
-
income
31 678
40 946
-
-
total
31 678
40 946
-
-
Dividends
135 048
174 554
-
-
withholding
20 257
26 183
-
-
total
20 257
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 112
67 129
120 214
115 532
After tax
140 388
148 371
95 286
99 968
Living cost
25 599
25 599
25 599
25 599
Free-cash
114 789
122 772
69 687
74 369

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44412
₽89872
₽161689
₽107690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
Corporate
72 997
215 500
-
-
income
16 059
47 410
-
-
total
16 059
47 410
-
-
Dividends
56 938
168 090
-
-
income
12 526
36 980
-
-
total
12 526
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
129 850
84 390
12 573
66 572
After tax
85 650
131 110
202 927
148 928
Living cost
41 238
41 238
41 238
41 238
Free-cash
44 412
89 872
161 689
107 690

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91680
₽92642
₽65574
₽82433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 245
surtax
-
-
-
-
total
-
-
-
103 131
Employee
43 894
-
174 142
-
surtax
-
-
252
-
social contributions
4 828
-
19 156
-
income
9 130
-
59 224
-
total
13 958
-
78 632
-
Employer
43 894
-
174 142
-
social contributions
10 425
-
41 358
-
total
10 425
-
41 358
-
Corporate
161 181
215 500
-
-
income
33 848
45 254
-
-
surtax
-
-
-
-
total
33 848
45 254
-
-
Dividends
127 334
170 246
-
-
withholding
35 653
47 668
-
-
total
35 653
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 884
92 922
119 990
103 131
After tax
121 616
122 578
95 510
112 369
Living cost
29 936
29 936
29 936
29 936
Free-cash
91 680
92 642
65 574
82 433

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69079
₽62516
₽65398
₽71758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 681
social contributions
-
-
-
6 141
income
-
-
-
40 324
pensions
-
-
-
33 910
health
-
-
-
10 591
surtax
-
-
-
-
total
-
-
-
97 647
Employee
59 774
-
164 340
-
surtax
-
-
-
-
pensions
6 761
-
12 441
-
social contributions
1 702
-
4 684
-
income
5 215
-
35 725
-
total
13 678
-
52 850
-
Employer
59 774
-
164 340
-
other
2 063
-
6 843
-
pensions
9 822
-
20 761
-
unemployment
2 421
-
6 656
-
social contributions
179
-
493
-
health
4 184
-
16 404
-
total
18 669
-
51 157
-
Corporate
137 057
215 500
-
-
income
38 376
60 341
-
-
surtax
-
-
-
-
total
38 376
60 341
-
-
Dividends
98 681
155 159
-
-
withholding
12 631
19 861
-
-
social contributions
16 972
26 687
-
-
surtax
-
-
-
-
total
29 603
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 326
106 889
104 007
97 647
After tax
115 174
108 611
111 493
117 853
Living cost
46 095
46 095
46 095
46 095
Free-cash
69 079
62 516
65 398
71 758

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
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.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162056
₽165262
₽134114
₽128388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
11 013
social contributions
-
-
-
47 411
total
-
-
-
58 424
Employee
30 682
-
186 580
-
social contributions
1 994
-
12 129
-
income
-
-
11 649
-
total
1 994
-
23 778
-
Employer
30 682
-
186 580
-
social contributions
4 756
-
28 920
-
total
4 756
-
28 920
-
Corporate
180 062
215 500
-
-
income
18 006
21 550
-
-
total
18 006
21 550
-
-
Dividends
162 056
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 756
21 550
52 698
58 424
After tax
190 744
193 950
162 802
157 076
Living cost
28 688
28 688
28 688
28 688
Free-cash
162 056
165 262
134 114
128 388

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4475
₽7859
₽7859
₽78448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
pensions
-
-
-
826
municipal
-
-
-
46 304
labour market
-
-
-
17 174
national
-
-
-
26 851
total
-
-
-
91 155
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
7 860
-
-
-
income
1 729
-
-
-
total
1 729
-
-
-
Dividends
6 131
-
-
-
withholding
1 655
-
-
-
total
1 655
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
165 128
161 744
161 744
91 155
After tax
50 372
53 756
53 756
124 345
Living cost
45 897
45 897
45 897
45 897
Free-cash
4 475
7 859
7 859
78 448

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14210
-₽3700
₽97430
₽126003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
362
income
-
-
-
61 543
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
68 341
Employee
33 280
-
196 645
-
health
3 811
-
22 516
-
pensions
3 748
-
7 447
-
income
4 566
-
48 096
-
total
12 125
-
78 059
-
Employer
33 280
-
196 645
-
accident
556
-
3 284
-
pensions
5 411
-
10 753
-
unemployment
816
-
4 818
-
total
6 783
-
18 855
-
Corporate
175 437
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.

157 893
193 950
-
-
total
157 893
193 950
-
-
Dividends
17 544
21 550
-
-
withholding
3 333
4 094
-
-
total
3 333
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 134
198 044
96 914
68 341
After tax
35 366
17 456
118 586
147 159
Living cost
21 156
21 156
21 156
21 156
Free-cash
14 210
-3 700
97 430
126 003

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98401
₽95450
₽70785
₽95467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
215 500
municipal
-
-
-
38 265
national
-
-
-
42 207
health
-
-
-
2 920
total
-
-
-
83 392
Employee
50 212
-
181 290
-
national
829
-
27 006
-
unemployment
753
-
2 718
-
health
375
-
2 394
-
municipal
8 224
-
29 508
-
pensions
3 389
-
12 238
-
total
13 570
-
73 864
-
Employer
50 212
-
181 290
-
accident
51
-
181
-
pensions
8 711
-
31 454
-
unemployment
326
-
1 179
-
health
386
-
1 396
-
total
9 474
-
34 210
-
Corporate
155 814
215 500
-
-
income
31 164
43 101
-
-
total
31 164
43 101
-
-
Dividends

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

93 488
129 299
-
-
municipal
16 827
23 275
-
-
national
9 423
17 033
-
-
total
26 250
40 308
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 458
83 409
108 074
83 392
After tax
135 042
132 091
107 426
132 108
Living cost
36 641
36 641
36 641
36 641
Free-cash
98 401
95 450
70 785
95 467

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129763
₽134960
₽121060
₽122825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 442
income
-
-
-
49 642
health
-
-
-
5 495
total
-
-
-
70 579
Employee
73 387
73 387
203 520
-
health
569
1 248
3 459
-
social contributions
2 775
6 091
8 215
-
income
7 991
6 793
48 690
-
total
11 335
14 132
60 364
-
Employer
73 387
73 387
203 520
-
social contributions
2 775
6 091
8 215
-
health
618
1 358
3 765
-
total
3 393
7 449
11 980
-
Corporate
178 677
134 664
-
-
income
22 335
16 832
-
-
total
22 335
16 832
-
-
Dividends
156 343
117 831
-
-
withholding
26 578
20 031
-
-
total
26 578
20 031
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 641
58 444
72 344
70 579
After tax
151 859
157 056
143 156
144 921
Living cost
22 096
22 096
22 096
22 096
Free-cash
129 763
134 960
121 060
122 825

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158446
₽163303
₽149335
₽168478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
215 500
unemployment
-
-
-
27
income
-
-
-
22 317
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
31 869
Employee

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

21 906
-
206 173
-
unemployment
109
-
453
-
health
1 862
-
7 697
-
pensions
3 285
-
13 583
-
income
1 498
-
19 951
-
total
6 754
-
41 684
-
Employer

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

21 906
-
206 173
-
pensions
1 204
-
4 981
-
unemployment
109
-
453
-
health
942
-
3 894
-
total
2 255
-
9 328
-
Corporate
191 339
215 500
-
-
income
17 220
19 395
-
-
total
17 220
19 395
-
-
Dividends
174 119
196 105
-
-
withholding
15 672
17 649
-
-
total
15 672
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 901
37 044
51 012
31 869
After tax
173 599
178 456
164 488
183 631
Living cost
15 153
15 153
15 153
15 153
Free-cash
158 446
163 303
149 335
168 478

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112614
₽116829
₽90158
₽94163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
68 555
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
95 093
Employee
35 289
-
187 299
-
unemployment
547
-
1 371
-
other
34
-
89
-
pensions
1 659
-
4 158
-
income
6 803
-
65 279
-
total
9 043
-
70 897
-
Employer
35 289
-
187 299
-
other
283
-
708
-
accident
699
-
1 751
-
pensions
8 327
-
20 877
-
unemployment
1 942
-
4 865
-
total
11 251
-
28 201
-
Corporate
168 960
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.

25 345
32 325
-
-
total
25 345
32 325
-
-
Dividends
143 616
183 175
-
-
withholding
31 003
40 102
-
-
total
31 003
40 102
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 642
72 427
99 098
95 093
After tax
138 858
143 073
116 402
120 407
Living cost
26 244
26 244
26 244
26 244
Free-cash
112 614
116 829
90 158
94 163

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132374
₽132671
₽137089
₽137216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
74 216
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
76 483
Employee
2 743
-
214 022
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
74 147
-
total
942
-
75 132
-
Employer
2 743
-
214 022
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
212 139
215 500
-
-
income
46 671
47 410
-
-
total
46 671
47 410
-
-
Dividends
165 469
168 090
-
-
withholding
33 094
33 618
-
-
total
33 094
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 325
81 028
76 610
76 483
After tax
134 175
134 472
138 890
139 017
Living cost
1 801
1 801
1 801
1 801
Free-cash
132 374
132 671
137 089
137 216

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134523
₽139212
₽122490
₽122488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
unemployment
-
-
-
1 057
income
-
-
-
49 893
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
76 525
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.

24 861
-
202 889
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
49 893
-
total
8 374
-
63 913
-
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.

24 861
-
202 889
-
pensions
2 983
-
8 454
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 610
-
Corporate
186 189
215 500
-
-
income
27 928
32 325
-
-
total
27 928
32 325
-
-
Dividends
158 261
183 175
-
-
withholding
23 739
27 476
-
-
total
23 739
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 490
59 801
76 523
76 525
After tax
151 010
155 699
138 977
138 975
Living cost
16 487
16 487
16 487
16 487
Free-cash
134 523
139 212
122 490
122 488

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96503
₽96849
₽69781
₽86640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 245
surtax
-
-
-
-
total
-
-
-
103 131
Employee
37 041
-
174 142
-
surtax
-
-
252
-
social contributions
4 075
-
19 156
-
income
7 238
-
59 224
-
total
11 313
-
78 632
-
Employer
37 041
-
174 142
-
social contributions
8 797
-
41 358
-
total
8 797
-
41 358
-
Corporate
169 662
215 500
-
-
income
35 628
45 254
-
-
surtax
-
-
-
-
total
35 628
45 254
-
-
Dividends
134 034
170 246
-
-
withholding
37 530
47 668
-
-
total
37 530
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 268
92 922
119 990
103 131
After tax
122 232
122 578
95 510
112 369
Living cost
25 729
25 729
25 729
25 729
Free-cash
96 503
96 849
69 781
86 640

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103286
₽109532
₽82861
₽86866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
89
unemployment
-
-
-
619
income
-
-
-
68 555
pensions
-
-
-
25 033
accident
-
-
-
797
total
-
-
-
95 093
Employee
46 092
-
187 299
-
unemployment
714
-
1 371
-
other
45
-
89
-
pensions
2 166
-
4 158
-
income
9 627
-
65 279
-
total
12 552
-
70 897
-
Employer
46 092
-
187 299
-
other
369
-
708
-
accident
913
-
1 751
-
pensions
10 878
-
20 877
-
unemployment
2 536
-
4 865
-
total
14 696
-
28 201
-
Corporate
154 713
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.

23 208
32 325
-
-
total
23 208
32 325
-
-
Dividends
131 505
183 175
-
-
withholding
28 217
40 102
-
-
total
28 217
40 102
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 673
72 427
99 098
95 093
After tax
136 827
143 073
116 402
120 407
Living cost
33 541
33 541
33 541
33 541
Free-cash
103 286
109 532
82 861
86 866

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161950
₽167785
₽166736
₽157780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
134
income
-
-
-
32 325
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
41 253
Employee
21 805
-
208 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
20 894
-
total
5 338
-
25 736
-
Employer
21 805
-
208 940
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
189 417
215 500
-
-
income
18 942
21 550
-
-
total
18 942
21 550
-
-
Dividends
170 475
193 950
-
-
withholding
8 524
9 698
-
-
total
8 524
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
37 083
31 248
32 297
41 253
After tax
178 417
184 252
183 203
174 247
Living cost
16 467
16 467
16 467
16 467
Free-cash
161 950
167 785
166 736
157 780

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86469
₽73982
₽96312
₽71755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
24 557
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.

-
-
-
71 868
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.

-
-
-
6 520
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.

-
-
-
3 954
total
-
-
-
106 899
Employee

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

47 486
-
215 500
-
surtax

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

216
-
3 954
-
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.

6 520
-
6 520
-
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.

3 905
-
71 868
-
total
10 641
-
82 342
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 014
215 500
-
-
trade
24 109
30 925
-
-
income
25 202
32 325
-
-
surtax

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

1 385
1 779
-
-
chamber of commerce
391
460
-
-
total
51 087
65 489
-
-
Dividends
116 926
150 012
-
-
withholding
28 869
37 140
-
-
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.

1 588
2 043
-
-
total
30 457
39 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 185
104 672
82 342
106 899
After tax
123 315
110 828
133 158
108 601
Living cost
36 846
36 846
36 846
36 846
Free-cash
86 469
73 982
96 312
71 755

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98593
₽96485
₽53658
₽53658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 052
income
-
-
-
70 425
total
-
-
-
107 477
Employee
74 653
-
215 500
-
social contributions
6 202
-
37 052
-
income
14 087
-
70 425
-
total
20 289
-
107 477
-
Employer
74 653
-
215 500
-
total
-
-
-
-
Corporate
140 847
215 500
-
-
income
17 606
26 937
-
-
total
17 606
26 937
-
-
Dividends
123 241
188 563
-
-
withholding
24 647
37 713
-
-
total
24 647
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 542
64 650
107 477
107 477
After tax
152 958
150 850
108 023
108 023
Living cost
54 365
54 365
54 365
54 365
Free-cash
98 593
96 485
53 658
53 658

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103723
₽100389
₽115689
₽142706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
215 500
health

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

-
-
-
5 825
income
-
-
-
32 325
total
-
-
-
38 150
Employee
43 781
-
211 110
-
social contributions
4 387
-
4 390
-
income
4 751
-
56 387
-
total
9 138
-
60 777
-
Employer
43 781
-
211 110
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
167 332
215 500
-
-
income
58 566
75 425
-
-
total
58 566
75 425
-
-
Dividends
108 767
140 075
-
-
social contributions
5 042
5 042
-
-
total
5 042
5 042
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 133
80 467
65 167
38 150
After tax
138 367
135 033
150 333
177 350
Living cost
34 644
34 644
34 644
34 644
Free-cash
103 723
100 389
115 689
142 706

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
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.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106210
₽100586
₽84764
₽104002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 708
pensions
-
-
-
9 510
total
-
-
-
76 218
Employee
48 426
-
187 805
-
health
632
-
2 536
-
pensions
3 696
-
11 344
-
income
8 819
-
53 881
-
total
13 147
-
67 761
-
Employer
48 426
-
187 805
-
pensions
4 893
-
24 126
-
health
920
-
3 569
-
total
5 813
-
27 695
-
Corporate
161 261
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.

30 640
40 946
-
-
total
30 640
40 946
-
-
Dividends
130 621
174 554
-
-
withholding
24 410
38 688
-
-
total
24 410
38 688
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 010
79 634
95 456
76 218
After tax
141 490
135 866
120 044
139 282
Living cost
35 280
35 280
35 280
35 280
Free-cash
106 210
100 586
84 764
104 002

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13888
-₽5795
₽95335
₽123908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
362
income
-
-
-
61 543
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
68 341
Employee
36 575
-
196 645
-
health
4 188
-
22 516
-
pensions
4 118
-
7 447
-
income
5 018
-
48 096
-
total
13 324
-
78 059
-
Employer
36 575
-
196 645
-
accident
611
-
3 284
-
pensions
5 947
-
10 753
-
unemployment
896
-
4 818
-
total
7 454
-
18 855
-
Corporate
171 472
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.

154 325
193 950
-
-
total
154 325
193 950
-
-
Dividends
17 147
21 550
-
-
withholding
3 258
4 094
-
-
total
3 258
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
178 361
198 044
96 914
68 341
After tax
37 139
17 456
118 586
147 159
Living cost
23 251
23 251
23 251
23 251
Free-cash
13 888
-5 795
95 335
123 908

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149087
₽151972
₽145391
₽124413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
215 500
unemployment
-
-
-
1 831
income
-
-
-
36 249
pensions
-
-
-
28 070
health insurance
-
-
-
11 289
work injury
-
-
-
763
total
-
-
-
78 202
Employee

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

20 616
-
215 500
-
health insurance
1 526
-
5 644
-
unemployment
247
-
915
-
work injury
103
-
381
-
pensions
3 793
-
14 035
-
income
2 062
-
36 249
-
total
7 731
-
57 224
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 884
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%.

19 488
21 550
-
-
total
19 488
21 550
-
-
Dividends
175 396
193 950
-
-
withholding
26 309
29 093
-
-
total
26 309
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 528
50 643
57 224
78 202
After tax
161 972
164 857
158 276
137 298
Living cost
12 885
12 885
12 885
12 885
Free-cash
149 087
151 972
145 391
124 413

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71148
₽75491
₽55342
₽63180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
5 268
social contributions
-
-
-
47 766
municipal
-
-
-
1 510
national
-
-
-
59 756
total
-
-
-
114 300
Employee
80 422
-
215 500
-
national
13 591
-
53 368
-
regional
1 214
-
4 771
-
municipal
480
-
1 376
-
social contributions
27 118
-
62 623
-
total
42 403
-
122 138
-
Employer
80 422
-
215 500
-
total
-
-
-
-
Corporate
135 078
215 500
-
-
nationa
32 419
51 720
-
-
municipal
6 511
10 387
-
-
total
38 930
62 107
-
-
Dividends
96 148
153 393
-
-
withholding
24 999
39 882
-
-
total
24 999
39 882
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 332
101 989
122 138
114 300
After tax
109 168
113 511
93 362
101 200
Living cost
38 020
38 020
38 020
38 020
Free-cash
71 148
75 491
55 342
63 180

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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