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
₽105170
₽81375
₽77810
₽91315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income

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

-
-
-
72 955
trade
-
-
-
27 360
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.

-
-
-
6 140
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.

-
-
-
4 013
total
-
-
-
110 468
Employee

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

34 376
-
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.

53
-
4 013
-
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.

6 140
-
6 140
-
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.

960
-
72 955
-
total
7 153
-
83 108
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 124
215 500
-
-
income
27 169
32 325
-
-
trade
28 527
33 940
-
-
surtax

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

1 494
1 777
-
-
chamber of commerce
397
447
-
-
total
57 587
68 489
-
-
Dividends
123 537
147 010
-
-
withholding
30 543
36 412
-
-
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.

1 680
2 002
-
-
total
32 223
38 414
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 963
106 903
83 108
110 468
After tax
118 537
108 597
132 392
105 032
Living cost
27 222
27 222
27 222
27 222
Free-cash
91 315
81 375
105 170
77 810

Estimated living cost  is ₽27222 per week

₽17124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76190
₽87139
₽75034
₽86351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 860
social contributions
-
-
-
2 317
municipal
-
-
-
23 969
national
-
-
-
40 987
total
-
-
-
93 133
Employee
73 375
-
186 298
-
municipal
9 063
-
24 804
-
pensions
2 935
-
7 452
-
national
14 044
-
42 814
-
total
26 042
-
75 070
-
Employer
73 375
-
186 298
-
social contributions
789
-
2 003
-
pensions
5 870
-
14 904
-
total
6 659
-
16 907
-
Corporate
130 623
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%.

26 125
43 100
-
-
total
26 125
43 100
-
-
Dividends
104 499
172 400
-
-
withholding
22 990
37 928
-
-
total
22 990
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 816
81 028
91 977
93 133
After tax
133 684
134 472
123 523
122 367
Living cost
47 333
47 333
47 333
47 333
Free-cash
86 351
87 139
76 190
75 034

Estimated living cost  is ₽47333 per week

₽32172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75696
₽153703
₽60580
₽146330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
income
-
-
-
46 834
microenterprise
-
-
-
-
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.

-
-
-
34 435
surtax
-
-
-
54 953
total
-
-
-
136 222
Employee
26 262
-
170 898
-
surtax
-
-
24 780
-
social contributions

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

2 889
-
11 782
-
income
4 675
-
39 942
-
total
7 564
-
76 504
-
Employer
26 262
-
170 898
-
surtax
-
-
18 799
-
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.

6 326
-
25 803
-
total
6 326
-
44 602
-
Corporate
182 912
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%.

36 582
43 099
-
-
total
36 582
43 099
-
-
Dividends

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

146 330
172 401
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 472
43 099
121 106
136 222
After tax
165 028
172 401
94 394
79 278
Living cost
18 698
18 698
18 698
18 698
Free-cash
146 330
153 703
75 696
60 580

Estimated living cost  is ₽18698 per week

₽11929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100149
₽69896
₽77344
₽64388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 893
pensions
-
-
-
10 530
health
-
-
-
11 083
total
-
-
-
100 506
Employee
76 750
76 750
198 798
-
pensions
13 815
10 530
10 530
-
health
11 780
10 020
11 083
-
income

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

12 563
12 563
39 386
-
total
38 158
33 113
60 999
-
Employer
76 750
76 750
198 798
-
health
5 335
5 335
6 629
-
unemployment
2 763
2 763
3 433
-
pensions
5 342
5 342
6 640
-
total
13 440
13 440
16 702
-
Corporate
126 252
125 311
-
-
income
25 251
25 061
-
-
total
25 251
25 061
-
-
Dividends
101 001
100 249
-
-
income
21 463
21 302
-
-
withholding
15 150
15 038
-
-
total
36 613
36 340
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 462
107 954
77 701
100 506
After tax
102 038
107 546
137 799
114 994
Living cost
37 650
37 650
37 650
37 650
Free-cash
64 388
69 896
100 149
77 344

Estimated living cost  is ₽37650 per week

₽26682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69787
₽80990
₽70677
₽80165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 689
other
-
-
-
9 340
unemployment
-
-
-
80
accident
-
-
-
161
health
-
-
-
5 015
municipal
-
-
-
57 319
national
-
-
-
27 546
total
-
-
-
108 150
Employee
52 256
-
190 246
-
municipal
15 583
-
56 731
-
national
-
-
27 054
-
total
15 583
-
83 785
-
Employer
52 256
-
190 246
-
accident
105
-
161
-
other
6 072
-
9 340
-
health
3 214
-
4 943
-
unemployment
1 380
-
2 122
-
pensions
5 649
-
8 689
-
total
16 420
-
25 255
-
Corporate
146 825
215 500
-
-
income
32 302
47 410
-
-
total
32 302
47 410
-
-
Dividends
114 524
168 090
-
-
withholding
34 357
50 427
-
-
total
34 357
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 662
97 837
109 040
108 150
After tax
116 838
117 663
106 460
107 350
Living cost
36 673
36 673
36 673
36 673
Free-cash
80 165
80 990
69 787
70 677

Estimated living cost  is ₽36673 per week

₽24306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97085
₽72181
₽68509
₽84808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income

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

-
-
-
72 955
trade
-
-
-
28 576
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.

-
-
-
6 140
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.

-
-
-
4 013
total
-
-
-
111 684
Employee

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

45 578
-
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.

215
-
4 013
-
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.

6 140
-
6 140
-
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.

3 916
-
72 955
-
total
10 271
-
83 108
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 922
215 500
-
-
income
25 488
32 325
-
-
trade
27 952
35 450
-
-
surtax

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

1 402
1 777
-
-
chamber of commerce
379
443
-
-
total
55 221
69 995
-
-
Dividends
114 702
145 504
-
-
withholding
28 334
36 035
-
-
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.

1 559
1 982
-
-
total
29 893
38 017
-
-
Income
215 500
215 500
215 500
215 500
Total tax
95 385
108 012
83 108
111 684
After tax
120 115
107 488
132 392
103 816
Living cost
35 307
35 307
35 307
35 307
Free-cash
84 808
72 181
97 085
68 509

Estimated living cost  is ₽35307 per week

₽23613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113541
₽127870
₽115280
₽124145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 032
social contributions
-
-
-
14 542
health
-
-
-
5 495
total
-
-
-
71 069
Employee
69 110
69 110
203 989
-
social contributions
3 358
5 736
7 736
-
health
687
1 175
3 467
-
income
7 257
6 398
50 095
-
total
11 302
13 309
61 298
-
Employer
69 110
69 110
203 989
-
health
749
1 279
3 774
-
social contributions
3 358
5 736
7 736
-
total
4 107
7 015
11 510
-
Corporate
170 939
139 375
-
-
income
21 367
17 422
-
-
total
21 367
17 422
-
-
Dividends
149 572
121 953
-
-
withholding
25 428
20 733
-
-
total
25 428
20 733
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 204
58 479
72 808
71 069
After tax
153 296
157 021
142 692
144 431
Living cost
29 151
29 151
29 151
29 151
Free-cash
124 145
127 870
113 541
115 280

Estimated living cost  is ₽29151 per week

₽19928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
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.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106750
₽102796
₽131110
₽103174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
26 345
pensions
-
-
-
21 550
unemployment
-
-
-
3 232
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.

26 240
10 443
180 335
-
unemployment
394
157
2 705
-
pensions
2 624
1 044
18 033
-
health
1 837
731
12 623
-
income
3 208
1 277
22 046
-
total
8 063
3 209
55 407
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 240
10 443
180 335
-
pensions
5 117
2 036
35 165
-
total
5 117
2 036
35 165
-
Corporate
184 143
203 020
-
-
income
16 573
18 272
-
-
total
16 573
18 272
-
-
Dividends
167 570
184 749
-
-
withholding
31 838
35 102
-
-
social contributions
32 557
35 907
-
-
total
64 395
71 009
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 148
94 526
90 572
66 212
After tax
121 352
120 974
124 928
149 288
Living cost
18 178
18 178
18 178
18 178
Free-cash
103 174
102 796
106 750
131 110

Estimated living cost  is ₽18178 per week

₽12405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102504
₽150693
₽93801
₽145108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
28 877
pensions
-
-
-
43 099
health
-
-
-
28 015
total
-
-
-
99 991
Employee
25 496
-
161 061
-
unemployment
408
-
2 577
-
pensions
510
-
3 222
-
income
2 870
-
31 053
-
total
3 788
-
36 852
-
Employer
25 496
-
161 061
-
health
3 314
-
20 937
-
unemployment
205
-
1 288
-
pensions
5 100
-
32 211
-
total
8 619
-
54 436
-
Corporate
181 386
215 500
-
-
income
36 277
43 099
-
-
total
36 277
43 099
-
-
Dividends
145 109
172 401
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 684
43 099
91 288
99 991
After tax
166 816
172 401
124 212
115 509
Living cost
21 708
21 708
21 708
21 708
Free-cash
145 108
150 693
102 504
93 801

Estimated living cost  is ₽21708 per week

₽14889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99192
-₽2395
₽127263
₽14412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 103
pensions
-
-
-
3 754
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 968
total
-
-
-
68 387
Employee
31 225
-
197 425
-
pensions
3 516
-
6 884
-
health
3 575
-
22 605
-
income
4 284
-
48 894
-
total
11 375
-
78 383
-
Employer
31 225
-
197 425
-
accident
521
-
3 297
-
unemployment
765
-
4 837
-
pensions
5 077
-
9 941
-
total
6 363
-
18 075
-
Corporate
177 911
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.

160 120
193 950
-
-
total
160 120
193 950
-
-
Dividends
17 791
21 550
-
-
withholding
3 380
4 095
-
-
total
3 380
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
181 238
198 045
96 458
68 387
After tax
34 262
17 455
119 042
147 113
Living cost
19 850
19 850
19 850
19 850
Free-cash
14 412
-2 395
99 192
127 263

Estimated living cost  is ₽19850 per week

₽14549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164687
₽197012
₽205632
₽195566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 641
-
215 500
-
income
1 928
-
43 100
-
total
1 928
-
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%.

205 859
215 500
-
-
total
-
-
-
-
Dividends
205 859
215 500
-
-
withholding
10 293
10 775
-
-
total
10 293
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 221
10 775
43 100
2 155
After tax
203 279
204 725
172 400
213 345
Living cost
7 713
7 713
7 713
7 713
Free-cash
195 566
197 012
164 687
205 632

Estimated living cost  is ₽7713 per week

₽4780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105751
₽134380
₽107501
₽128310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
38 745
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.

-
-
-
32 801
other
-
-
-
6 491
health
-
-
-
6 014
total
-
-
-
84 051
Employee
32 633
-
180 707
-
unemployment
326
-
1 366
-
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.

2 284
-
9 566
-
health
457
-
1 914
-
income
5 618
-
38 162
-
total
8 685
-
51 008
-
Employer
32 633
-
180 707
-
accident
261
-
1 446
-
other
1 632
-
6 832
-
health
457
-
1 914
-
unemployment
326
-
1 366
-
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.

5 548
-
23 235
-
total
8 224
-
34 793
-
Corporate
174 643
215 500
-
-
income
36 674
45 255
-
-
total
36 674
45 255
-
-
Dividends
137 969
170 245
-
-
withholding
9 659
11 917
-
-
total
9 659
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 242
57 172
85 801
84 051
After tax
152 258
158 328
129 699
131 449
Living cost
23 948
23 948
23 948
23 948
Free-cash
128 310
134 380
105 751
107 501

Estimated living cost  is ₽23948 per week

₽16921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58977
₽74496
₽78172
₽81782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 549
pensions
-
-
-
9 263
total
-
-
-
76 812
Employee
85 621
-
187 733
-
pensions
8 260
-
10 983
-
health
1 411
-
2 503
-
income
15 434
-
54 754
-
total
25 105
-
68 240
-
Employer
85 621
-
187 733
-
health
1 626
-
3 567
-
pensions
10 109
-
24 200
-
total
11 735
-
27 767
-
Corporate
118 144
215 500
-
-
income

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

22 447
40 946
-
-
total
22 447
40 946
-
-
Dividends
95 697
174 554
-
-
withholding
13 915
39 542
-
-
total
13 915
39 542
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 202
80 488
96 007
76 812
After tax
142 298
135 012
119 493
138 688
Living cost
60 516
60 516
60 516
60 516
Free-cash
81 782
74 496
58 977
78 172

Estimated living cost  is ₽60516 per week

₽45346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽171793
₽172316
₽162747
₽168087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
4 707
unemployment
-
-
-
127
health
-
-
-
3 657
total
-
-
-
40 816
Employee
15 807
-
209 260
-
pensions

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

1 388
-
2 792
-
health
727
-
1 463
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
income
1 580
-
20 926
-
total
3 869
-
25 531
-
Employer
15 807
-
209 260
-
accident

We are using the highest rate at 1.1%.

174
-
350
-
health
1 091
-
2 194
-
unemployment
95
-
191
-
pensions

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

1 742
-
3 504
-
total
3 102
-
6 239
-
Corporate
196 592
215 500
-
-
income
19 659
21 550
-
-
total
19 659
21 550
-
-
Dividends
176 932
193 950
-
-
withholding
8 846
9 697
-
-
total
8 846
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 476
31 247
31 770
40 816
After tax
180 024
184 253
183 730
174 684
Living cost
11 937
11 937
11 937
11 937
Free-cash
168 087
172 316
171 793
162 747

Estimated living cost  is ₽11937 per week

₽6969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87962
₽57709
₽65157
₽59969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 893
pensions
-
-
-
10 530
health
-
-
-
11 083
total
-
-
-
100 506
Employee
83 326
76 750
198 798
-
pensions
10 530
10 530
10 530
-
health
10 395
10 020
11 083
-
income

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

12 563
12 563
39 386
-
total
33 488
33 113
60 999
-
Employer
83 326
76 750
198 798
-
health
5 790
5 335
6 629
-
unemployment
3 000
2 763
3 433
-
pensions
5 799
5 342
6 640
-
total
14 589
13 440
16 702
-
Corporate
117 585
125 311
-
-
income
23 518
25 061
-
-
total
23 518
25 061
-
-
Dividends
94 067
100 249
-
-
income
19 989
21 302
-
-
withholding
14 110
15 038
-
-
total
34 099
36 340
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 694
107 954
77 701
100 506
After tax
109 806
107 546
137 799
114 994
Living cost
49 837
49 837
49 837
49 837
Free-cash
59 969
57 709
87 962
65 157

Estimated living cost  is ₽49837 per week

₽36763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95889
₽125881
₽105421
₽117857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 107
solidarity contribution
-
-
-
3 025
social contributions
-
-
-
32 364
health
-
-
-
29 092
total
-
-
-
87 588
Employee
33 075
-
172 286
-
social contributions
2 150
-
7 204
-
solidarity contribution
-
-
2 169
-
health
4 465
-
23 259
-
income
3 969
-
21 273
-
total
10 584
-
53 905
-
Employer
33 075
-
172 286
-
health
2 977
-
15 506
-
social contributions
8 269
-
27 709
-
total
11 246
-
43 215
-
Corporate
171 180
215 500
-
-
income
32 524
40 945
-
-
total
32 524
40 945
-
-
Dividends
138 655
174 555
-
-
withholding
20 798
26 183
-
-
total
20 798
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 152
67 128
97 120
87 588
After tax
140 348
148 372
118 380
127 912
Living cost
22 491
22 491
22 491
22 491
Free-cash
117 857
125 881
95 889
105 421

Estimated living cost  is ₽22491 per week

₽15622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59149
₽77052
₽66767
₽72360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 789
social contributions
-
-
-
44 982
municipal
-
-
-
1 364
national
-
-
-
61 674
total
-
-
-
110 809
Employee
79 875
-
215 500
-
municipal
423
-
1 252
-
social contributions
26 934
-
58 973
-
regional
754
-
2 545
-
national
13 841
-
55 657
-
total
41 952
-
118 427
-
Employer
79 875
-
215 500
-
total
-
-
-
-
Corporate
135 625
215 500
-
-
nationa
32 550
51 721
-
-
municipal
5 289
8 405
-
-
total
37 839
60 126
-
-
Dividends
97 785
155 374
-
-
withholding
25 425
40 398
-
-
total
25 425
40 398
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 216
100 524
118 427
110 809
After tax
110 284
114 976
97 073
104 691
Living cost
37 924
37 924
37 924
37 924
Free-cash
72 360
77 052
59 149
66 767

Estimated living cost  is ₽37924 per week

₽26436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75894
₽115717
₽81389
₽112919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
69 634
pensions
-
-
-
23 990
other
-
-
-
-
unemployment
-
-
-
205
health
-
-
-
8 516
surtax
-
-
-
11 934
total
-
-
-
114 279
Employee
29 721
-
190 251
-
unemployment
2 069
-
8 349
-
surtax
97
-
10 858
-
pensions
1 982
-
8 001
-
health
759
-
3 058
-
other
-
-
-
-
income
4 982
-
64 258
-
total
9 889
-
94 524
-
Employer
29 721
-
190 251
-
other
-
-
-
-
health
1 353
-
5 458
-
unemployment
941
-
3 802
-
pensions
3 962
-
15 990
-
total
6 256
-
25 250
-
Corporate
179 523
215 500
-
-
income
46 676
56 031
-
-
total
46 676
56 031
-
-
Dividends
132 847
159 469
-
-
withholding
19 928
23 920
-
-
total
19 928
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 749
79 951
119 774
114 279
After tax
132 751
135 549
95 726
101 221
Living cost
19 832
19 832
19 832
19 832
Free-cash
112 919
115 717
75 894
81 389

Estimated living cost  is ₽19832 per week

₽12126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5419
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78150
₽93669
₽97345
₽99647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 549
pensions
-
-
-
9 263
total
-
-
-
76 812
Employee
57 381
-
187 733
-
pensions
4 870
-
10 983
-
health
833
-
2 503
-
income
10 335
-
54 754
-
total
16 038
-
68 240
-
Employer
57 381
-
187 733
-
health
1 090
-
3 567
-
pensions
6 211
-
24 200
-
total
7 301
-
27 767
-
Corporate
150 818
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.

28 656
40 946
-
-
total
28 656
40 946
-
-
Dividends
122 161
174 554
-
-
withholding
22 515
39 542
-
-
total
22 515
39 542
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 510
80 488
96 007
76 812
After tax
140 990
135 012
119 493
138 688
Living cost
41 343
41 343
41 343
41 343
Free-cash
99 647
93 669
78 150
97 345

Estimated living cost  is ₽41343 per week

₽30974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽90848
₽26354
₽98561
₽57239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 165
pensions
-
-
-
19 826
other

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

-
-
-
4 311
city
-
-
-
2 271
health
-
-
-
486
national
-
-
-
5 690
total
-
-
-
44 749
Employee
84 481
-
194 050
-
city
907
-
2 101
-
unemployment
-
-
-
-
pensions
7 098
-
15 000
-
regional
2 766
-
10 869
-
health
191
-
436
-
national
400
-
4 739
-
total
11 362
-
33 145
-
Employer
84 481
-
194 050
-
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.

1 689
-
3 881
-
health
191
-
436
-
unemployment
-
-
-
-
pensions
7 098
-
15 000
-
total
8 978
-
19 317
-
Corporate
121 112
215 500
-
-
national
10 294
18 317
-
-
regional
25 615
45 578
-
-
total
35 909
63 895
-
-
Dividends
85 204
151 605
-
-
withholding
29 822
53 061
-
-
total
29 822
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
86 071
116 956
52 462
44 749
After tax
129 429
98 544
163 038
170 751
Living cost
72 190
72 190
72 190
72 190
Free-cash
57 239
26 354
90 848
98 561

Estimated living cost  is ₽72190 per week

₽46944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽886
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91220
₽65209
₽61427
₽79783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income

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

-
-
-
72 955
trade
-
-
-
29 793
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.

-
-
-
6 140
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.

-
-
-
4 013
total
-
-
-
112 901
Employee

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

54 013
-
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.

350
-
4 013
-
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.

6 140
-
6 140
-
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.

6 351
-
72 955
-
total
12 841
-
83 108
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 487
215 500
-
-
income
24 222
32 325
-
-
trade
27 695
36 958
-
-
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.

1 332
1 777
-
-
chamber of commerce
363
440
-
-
total
53 612
71 500
-
-
Dividends
107 874
144 000
-
-
withholding
26 627
35 658
-
-
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.

1 465
1 961
-
-
total
28 092
37 619
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 545
109 119
83 108
112 901
After tax
120 955
106 381
132 392
102 599
Living cost
41 172
41 172
41 172
41 172
Free-cash
79 783
65 209
91 220
61 427

Estimated living cost  is ₽41172 per week

₽30071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78863
₽77861
₽86022
₽83172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
42 036
pensions
-
-
-
32 975
social contributions
-
-
-
6 140
other
-
-
-
6 681
health
-
-
-
10 897
surtax
-
-
-
-
total
-
-
-
98 729
Employee
38 465
-
163 795
-
surtax
-
-
-
-
pensions
4 349
-
12 630
-
social contributions
1 097
-
4 668
-
income
2 270
-
36 885
-
total
7 716
-
54 183
-
Employer
38 465
-
163 795
-
other
1 327
-
6 918
-
health
2 693
-
16 623
-
unemployment
1 557
-
6 633
-
social contributions
116
-
491
-
pensions
6 319
-
21 040
-
total
12 012
-
51 705
-
Corporate
165 023
215 500
-
-
income
46 207
60 341
-
-
surtax
-
-
-
-
total
46 207
60 341
-
-
Dividends
118 816
155 159
-
-
withholding
15 208
19 861
-
-
surtax
-
-
-
-
social contributions
20 436
26 688
-
-
total
35 644
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 579
106 890
105 888
98 729
After tax
113 921
108 610
109 612
116 771
Living cost
30 749
30 749
30 749
30 749
Free-cash
83 172
77 861
78 863
86 022

Estimated living cost  is ₽30749 per week

₽19389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81909
₽80907
₽89068
₽85903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
42 036
pensions
-
-
-
32 975
social contributions
-
-
-
6 140
other
-
-
-
6 681
health
-
-
-
10 897
surtax
-
-
-
-
total
-
-
-
98 729
Employee
34 336
-
163 795
-
surtax
-
-
-
-
pensions
3 884
-
12 630
-
social contributions
979
-
4 668
-
income
1 770
-
36 885
-
total
6 633
-
54 183
-
Employer
34 336
-
163 795
-
other
1 185
-
6 918
-
health
2 403
-
16 623
-
unemployment
1 390
-
6 633
-
social contributions
102
-
491
-
pensions
5 642
-
21 040
-
total
10 722
-
51 705
-
Corporate
170 442
215 500
-
-
income
47 723
60 341
-
-
surtax
-
-
-
-
total
47 723
60 341
-
-
Dividends
122 719
155 159
-
-
withholding
15 708
19 861
-
-
surtax
-
-
-
-
social contributions
21 108
26 688
-
-
total
36 816
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 894
106 890
105 888
98 729
After tax
113 606
108 610
109 612
116 771
Living cost
27 703
27 703
27 703
27 703
Free-cash
85 903
80 907
81 909
89 068

Estimated living cost  is ₽27703 per week

₽16066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113211
₽112417
₽119336
₽112883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
32 325
social contributions
-
-
-
29 740
health
-
-
-
15 041
total
-
-
-
77 106
Employee
30 473
-
215 500
-
social contributions
4 206
-
29 740
-
health
2 127
-
15 041
-
income
5 083
-
38 450
-
total
11 416
-
83 231
-
Employer
30 473
-
215 500
-
total
-
-
-
-
Corporate
185 027
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%.

9 251
10 776
-
-
total
9 251
10 776
-
-
Dividends
175 776
204 724
-
-
withholding
26 366
30 708
-
-
health
12 270
14 289
-
-
social contributions
24 256
28 252
-
-
total
62 892
73 249
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 559
84 025
83 231
77 106
After tax
131 941
131 475
132 269
138 394
Living cost
19 058
19 058
19 058
19 058
Free-cash
112 883
112 417
113 211
119 336

Estimated living cost  is ₽19058 per week

₽12754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24545
₽87023
₽78514
₽85632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 311
pensions
-
-
-
19 425
unemployment
-
-
-
5 512
health
-
-
-
8 031
chamber of commerce
-
-
-
861
surtax
-
-
-
177
total
-
-
-
105 317
Employee
44 916
35 817
179 656
-
unemployment
1 347
1 074
3 150
-
pensions
4 600
3 667
10 752
-
health
1 738
1 387
4 063
-
other
449
358
1 051
-
income
5 113
2 642
60 366
-
total
13 247
9 128
79 382
-
Employer
44 916
35 817
179 656
-
surtax
177
177
177
-
accident
583
466
1 364
-
other
2 134
1 700
7 898
-
health
1 697
1 354
3 969
-
unemployment
1 347
1 074
3 150
-
chamber of commerce
179
143
718
-
payroll
1 347
1 074
5 390
-
pensions
5 637
4 496
13 177
-
total
13 101
10 484
35 843
-
Corporate
157 482
169 198
176 245
-
income

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

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

39 371
42 299
44 061
-
total
39 371
42 299
44 061
-
Dividends
118 111
126 898
-
-
withholding
32 480
34 897
-
-
total
32 480
34 897
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 199
96 808
159 286
105 317
After tax
117 301
118 692
56 214
110 183
Living cost
31 669
31 669
31 669
31 669
Free-cash
85 632
87 023
24 545
78 514

Estimated living cost  is ₽31669 per week

₽21122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
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.
₽7325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39909
₽84746
₽61027
₽74153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
communal

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

-
-
-
11 586
social contributions
-
-
-
22 407
national
-
-
-
87 710
total
-
-
-
121 703
Employee

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

64 288
-
166 909
-
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.

559
-
1 451
-
pensions

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

4 822
-
12 519
-
communal

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

3 353
-
8 705
-
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.

3 021
-
7 844
-
national
19 765
-
63 711
-
total
31 520
-
94 230
-
Employer

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

64 288
-
166 909
-
surtax
7 290
-
18 928
-
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.

836
-
2 171
-
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.

3 953
-
10 266
-
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.

938
-
2 437
-
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.

5 697
-
14 789
-
total
18 714
-
48 591
-
Corporate
132 498
215 500
-
-
income
26 499
47 145
-
-
surtax
530
943
-
-
total
27 029
48 088
-
-
Dividends
105 469
167 412
-
-
withholding

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

31 314
49 896
-
-
total
31 314
49 896
-
-
Income
215 500
215 500
215 500
215 500
Total tax
108 577
97 984
142 821
121 703
After tax
106 923
117 516
72 679
93 797
Living cost
32 770
32 770
32 770
32 770
Free-cash
74 153
84 746
39 909
61 027

Estimated living cost  is ₽32770 per week

₽21108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84068
₽110497
₽87839
₽104342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 212
pensions
-
-
-
23 574
other
-
-
-
84
unemployment
-
-
-
583
accident
-
-
-
750
total
-
-
-
95 203
Employee
44 738
-
188 943
-
unemployment
694
-
1 291
-
pensions
2 103
-
3 916
-
other
44
-
84
-
income
9 439
-
67 126
-
total
12 280
-
72 417
-
Employer
44 738
-
188 943
-
accident
885
-
1 649
-
other
356
-
667
-
unemployment
2 461
-
4 581
-
pensions
10 557
-
19 660
-
total
14 259
-
26 557
-
Corporate
156 502
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.

23 475
32 325
-
-
total
23 475
32 325
-
-
Dividends
133 027
183 175
-
-
withholding
28 686
40 220
-
-
total
28 686
40 220
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 700
72 545
98 974
95 203
After tax
136 800
142 955
116 526
120 297
Living cost
32 458
32 458
32 458
32 458
Free-cash
104 342
110 497
84 068
87 839

Estimated living cost  is ₽32458 per week

₽23902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59892
₽72031
₽51518
₽59672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
41 953
communal
-
-
-
13 619
pensions
-
-
-
32 037
accident
-
-
-
1 803
health
-
-
-
15 017
surtax
-
-
-
10 711
total
-
-
-
115 140
Employee
68 062
-
192 497
-
surtax
4 172
-
11 797
-
pensions
5 444
-
15 399
-
health
3 029
-
8 565
-
income
6 574
-
48 002
-
total
19 219
-
83 763
-
Employer
68 062
-
192 497
-
accident
612
-
1 733
-
health
2 076
-
5 871
-
pensions
5 444
-
15 399
-
total
8 132
-
23 003
-
Corporate
139 306
215 500
-
-
income
20 896
32 325
-
-
surtax
1 463
2 263
-
-
communal
9 403
14 547
-
-
total
31 762
49 135
-
-
Dividends
107 544
166 365
-
-
income
31 742
20 538
-
-
withholding
16 131
24 954
-
-
total
47 873
45 492
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 986
94 627
106 766
115 140
After tax
108 514
120 873
108 734
100 360
Living cost
48 842
48 842
48 842
48 842
Free-cash
59 672
72 031
59 892
51 518

Estimated living cost  is ₽48842 per week

₽36639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75539
₽115362
₽81034
₽112505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
69 634
pensions
-
-
-
23 990
other
-
-
-
-
unemployment
-
-
-
205
health
-
-
-
8 516
surtax
-
-
-
11 934
total
-
-
-
114 279
Employee
30 267
-
190 251
-
unemployment
2 106
-
8 349
-
surtax
107
-
10 858
-
pensions
2 019
-
8 001
-
health
773
-
3 058
-
other
-
-
-
-
income
5 074
-
64 258
-
total
10 079
-
94 524
-
Employer
30 267
-
190 251
-
other
-
-
-
-
health
1 376
-
5 458
-
unemployment
960
-
3 802
-
pensions
4 035
-
15 990
-
total
6 371
-
25 250
-
Corporate
178 861
215 500
-
-
income
46 504
56 031
-
-
total
46 504
56 031
-
-
Dividends
132 358
159 469
-
-
withholding
19 854
23 920
-
-
total
19 854
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 808
79 951
119 774
114 279
After tax
132 692
135 549
95 726
101 221
Living cost
20 187
20 187
20 187
20 187
Free-cash
112 505
115 362
75 539
81 034

Estimated living cost  is ₽20187 per week

₽12188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1755
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.
₽5777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72230
₽89061
₽79809
₽87066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 461
social contributions
-
-
-
44 982
municipal
-
-
-
1 364
national
-
-
-
61 674
total
-
-
-
111 481
Employee
49 855
-
215 500
-
municipal
264
-
1 252
-
social contributions
16 812
-
58 973
-
regional
671
-
3 178
-
national
7 898
-
55 657
-
total
25 645
-
119 060
-
Employer
49 855
-
215 500
-
total
-
-
-
-
Corporate
165 645
215 500
-
-
nationa
39 755
51 721
-
-
municipal
8 233
10 711
-
-
total
47 988
62 432
-
-
Dividends
117 658
153 068
-
-
withholding
30 591
39 797
-
-
total
30 591
39 797
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 224
102 229
119 060
111 481
After tax
111 276
113 271
96 440
104 019
Living cost
24 210
24 210
24 210
24 210
Free-cash
87 066
89 061
72 230
79 809

Estimated living cost  is ₽24210 per week

₽15057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90665
₽120657
₽100197
₽110770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 107
solidarity contribution
-
-
-
3 025
social contributions
-
-
-
32 364
health
-
-
-
29 092
total
-
-
-
87 588
Employee
40 757
-
172 286
-
social contributions
2 649
-
7 204
-
solidarity contribution
-
-
2 169
-
health
5 502
-
23 259
-
income
4 891
-
21 273
-
total
13 042
-
53 905
-
Employer
40 757
-
172 286
-
health
3 668
-
15 506
-
social contributions
10 189
-
27 709
-
total
13 857
-
43 215
-
Corporate
160 886
215 500
-
-
income
30 568
40 945
-
-
total
30 568
40 945
-
-
Dividends
130 317
174 555
-
-
withholding
19 548
26 183
-
-
total
19 548
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 015
67 128
97 120
87 588
After tax
138 485
148 372
118 380
127 912
Living cost
27 715
27 715
27 715
27 715
Free-cash
110 770
120 657
90 665
100 197

Estimated living cost  is ₽27715 per week

₽20610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27581
₽90115
₽81687
₽89666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 311
pensions
-
-
-
19 425
unemployment
-
-
-
5 512
health
-
-
-
8 031
chamber of commerce
-
-
-
861
surtax
-
-
-
-
total
-
-
-
105 140
Employee
39 287
35 817
179 820
-
unemployment
1 179
1 074
3 150
-
pensions
4 023
3 667
10 752
-
health
1 520
1 387
4 063
-
other
392
358
1 051
-
income
3 500
2 642
60 448
-
total
10 614
9 128
79 464
-
Employer
39 287
35 817
179 820
-
surtax
-
-
-
-
accident
510
466
1 364
-
other
1 866
1 700
7 905
-
health
1 486
1 354
3 969
-
unemployment
1 179
1 074
3 150
-
chamber of commerce
157
143
720
-
payroll
1 179
1 074
5 395
-
pensions
4 931
4 496
13 177
-
total
11 308
10 307
35 680
-
Corporate
164 907
169 375
176 409
-
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.

41 227
42 344
44 102
-
total
41 227
42 344
44 102
-
Dividends
123 680
127 031
-
-
withholding
34 012
34 933
-
-
total
34 012
34 933
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 161
96 712
159 246
105 140
After tax
118 339
118 788
56 254
110 360
Living cost
28 673
28 673
28 673
28 673
Free-cash
89 666
90 115
27 581
81 687

Estimated living cost  is ₽28673 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160381
₽192706
₽201326
₽190452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 024
-
215 500
-
income
3 005
-
43 100
-
total
3 005
-
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%.

200 476
215 500
-
-
total
-
-
-
-
Dividends
200 476
215 500
-
-
withholding
10 024
10 775
-
-
total
10 024
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
13 029
10 775
43 100
2 155
After tax
202 471
204 725
172 400
213 345
Living cost
12 019
12 019
12 019
12 019
Free-cash
190 452
192 706
160 381
201 326

Estimated living cost  is ₽12019 per week

₽8134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69859
₽124264
₽74536
₽116747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
215 500
income
-
-
-
55 970
pensions
-
-
-
39 356
unemployment
-
-
-
324
health
-
-
-
21 207
total
-
-
-
116 857
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.

39 743
-
186 466
-
unemployment
56
-
261
-
pensions
6 160
-
28 902
-
health
2 567
-
12 045
-
income
6 854
-
51 292
-
total
15 637
-
92 500
-
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.

39 743
-
186 466
-
health
2 647
-
12 418
-
unemployment
24
-
113
-
pensions
3 517
-
16 503
-
total
6 188
-
29 034
-
Corporate
169 569
215 500
-
-
income
32 218
40 945
-
-
total
32 218
40 945
-
-
Dividends
137 351
174 555
-
-
withholding
20 603
26 184
-
-
total
20 603
26 184
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 646
67 129
121 534
116 857
After tax
140 854
148 371
93 966
98 643
Living cost
24 107
24 107
24 107
24 107
Free-cash
116 747
124 264
69 859
74 536

Estimated living cost  is ₽24107 per week

₽16544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162533
₽90519
₽108337
₽45772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
42 005
social contributions
-
-
-
24 567
total
-
-
-
66 572
Employee
58 202
-
-
-
social contributions
4 773
-
680
-
income
12 838
-
-
-
total
17 611
-
680
-
Employer
58 202
-
-
-
social contributions
82 064
-
11 696
-
total
82 064
-
11 696
-
Corporate
75 234
215 500
-
-
income
16 552
47 410
-
-
total
16 552
47 410
-
-
Dividends
58 683
168 090
-
-
income
12 910
36 980
-
-
total
12 910
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
129 137
84 390
12 376
66 572
After tax
86 363
131 110
203 124
148 928
Living cost
40 591
40 591
40 591
40 591
Free-cash
45 772
90 519
162 533
108 337

Estimated living cost  is ₽40591 per week

₽26337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
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.
₽9919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66224
₽94386
₽83549
₽93479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income
-
-
-
28 874
social contributions

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

-
-
-
74 886
surtax
-
-
-
-
total
-
-
-
103 760
Employee
41 336
-
174 140
-
surtax
-
-
464
-
social contributions
4 547
-
19 155
-
income
8 598
-
60 108
-
total
13 145
-
79 727
-
Employer
41 336
-
174 140
-
social contributions
9 817
-
41 358
-
total
9 817
-
41 358
-
Corporate
164 347
215 500
-
-
income
34 514
45 255
-
-
surtax
-
-
-
-
total
34 514
45 255
-
-
Dividends
129 834
170 245
-
-
withholding
36 354
47 668
-
-
total
36 354
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 830
92 923
121 085
103 760
After tax
121 670
122 577
94 415
111 740
Living cost
28 191
28 191
28 191
28 191
Free-cash
93 479
94 386
66 224
83 549

Estimated living cost  is ₽28191 per week

₽21093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66203
₽65201
₽73362
₽71381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
42 036
pensions
-
-
-
32 975
social contributions
-
-
-
6 140
other
-
-
-
6 681
health
-
-
-
10 897
surtax
-
-
-
-
total
-
-
-
98 729
Employee
56 291
-
163 795
-
surtax
-
-
-
-
pensions
6 367
-
12 630
-
social contributions
1 603
-
4 668
-
income
4 911
-
36 885
-
total
12 881
-
54 183
-
Employer
56 291
-
163 795
-
other
1 943
-
6 918
-
health
3 940
-
16 623
-
unemployment
2 280
-
6 633
-
social contributions
169
-
491
-
pensions
9 249
-
21 040
-
total
17 581
-
51 705
-
Corporate
141 629
215 500
-
-
income
39 656
60 341
-
-
surtax
-
-
-
-
total
39 656
60 341
-
-
Dividends
101 973
155 159
-
-
withholding
13 053
19 861
-
-
surtax
-
-
-
-
social contributions
17 540
26 688
-
-
total
30 593
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 711
106 890
105 888
98 729
After tax
114 789
108 610
109 612
116 771
Living cost
43 408
43 408
43 408
43 408
Free-cash
71 381
65 201
66 203
73 362

Estimated living cost  is ₽43408 per week

₽29378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135448
₽166934
₽129723
₽163913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 352
social contributions
-
-
-
47 409
total
-
-
-
58 761
Employee
28 894
-
186 579
-
income
-
-
11 987
-
social contributions
1 878
-
12 128
-
total
1 878
-
24 115
-
Employer
28 894
-
186 579
-
social contributions
4 479
-
28 921
-
total
4 479
-
28 921
-
Corporate
182 127
215 500
-
-
income
18 214
21 550
-
-
total
18 214
21 550
-
-
Dividends
163 914
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 571
21 550
53 036
58 761
After tax
190 929
193 950
162 464
156 739
Living cost
27 016
27 016
27 016
27 016
Free-cash
163 913
166 934
135 448
129 723

Estimated living cost  is ₽27016 per week

₽17468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20044
₽20044
₽80571
₽10916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
778
labour market
-
-
-
17 178
municipal
-
-
-
46 597
national
-
-
-
27 172
total
-
-
-
91 725
Employee
182 354
182 354
182 354
-
municipal
38 831
38 831
38 831
-
labour market
14 568
14 568
14 568
-
pensions
259
259
259
-
national
22 278
22 278
22 278
-
total
75 936
75 936
75 936
-
Employer
182 354
182 354
182 354
-
municipal
38 893
38 893
38 893
-
national
22 317
22 317
22 317
-
labour market
14 588
14 588
14 588
-
pensions
518
518
518
-
total
76 316
76 316
76 316
-
Corporate
20 044
-
-
-
income
4 410
-
-
-
total
4 410
-
-
-
Dividends
15 634
-
-
-
withholding
4 718
-
-
-
total
4 718
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
161 380
152 252
152 252
91 725
After tax
54 120
63 248
63 248
123 775
Living cost
43 204
43 204
43 204
43 204
Free-cash
10 916
20 044
20 044
80 571

Estimated living cost  is ₽43204 per week

₽29569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽664
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99485
-₽2102
₽127556
₽14455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 103
pensions
-
-
-
3 754
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 968
total
-
-
-
68 387
Employee
30 765
-
197 425
-
pensions
3 464
-
6 884
-
health
3 523
-
22 605
-
income
4 221
-
48 894
-
total
11 208
-
78 383
-
Employer
30 765
-
197 425
-
accident
514
-
3 297
-
unemployment
754
-
4 837
-
pensions
5 002
-
9 941
-
total
6 270
-
18 075
-
Corporate
178 465
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.

160 619
193 950
-
-
total
160 619
193 950
-
-
Dividends
17 846
21 550
-
-
withholding
3 391
4 095
-
-
total
3 391
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
181 488
198 045
96 458
68 387
After tax
34 012
17 455
119 042
147 113
Living cost
19 557
19 557
19 557
19 557
Free-cash
14 455
-2 102
99 485
127 556

Estimated living cost  is ₽19557 per week

₽14236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71496
₽96979
₽96180
₽99755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
health
-
-
-
2 944
municipal
-
-
-
38 261
national
-
-
-
43 610
total
-
-
-
84 815
Employee
47 285
-
181 292
-
unemployment
710
-
2 719
-
municipal
7 745
-
29 506
-
pensions
3 191
-
12 237
-
health
353
-
2 417
-
national
781
-
28 411
-
total
12 780
-
75 290
-
Employer
47 285
-
181 292
-
accident
48
-
181
-
health
363
-
1 395
-
unemployment
307
-
1 179
-
pensions
8 204
-
31 454
-
total
8 922
-
34 209
-
Corporate
159 293
215 500
-
-
income
31 858
43 099
-
-
total
31 858
43 099
-
-
Dividends

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

95 576
129 301
-
-
municipal
17 204
23 274
-
-
national
10 475
17 642
-
-
total
27 679
40 916
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 239
84 015
109 499
84 815
After tax
134 261
131 485
106 001
130 685
Living cost
34 506
34 506
34 506
34 506
Free-cash
99 755
96 979
71 496
96 180

Estimated living cost  is ₽34506 per week

₽22539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3319
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.
₽8100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121883
₽136212
₽123622
₽131320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 032
social contributions
-
-
-
14 542
health
-
-
-
5 495
total
-
-
-
71 069
Employee
69 110
69 110
203 989
-
social contributions
2 613
5 736
7 736
-
health
536
1 175
3 467
-
income
7 525
6 398
50 095
-
total
10 674
13 309
61 298
-
Employer
69 110
69 110
203 989
-
health
582
1 279
3 774
-
social contributions
2 613
5 736
7 736
-
total
3 195
7 015
11 510
-
Corporate
180 824
139 375
-
-
income
22 604
17 422
-
-
total
22 604
17 422
-
-
Dividends
158 220
121 953
-
-
withholding
26 898
20 733
-
-
total
26 898
20 733
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 371
58 479
72 808
71 069
After tax
152 129
157 021
142 692
144 431
Living cost
20 809
20 809
20 809
20 809
Free-cash
131 320
136 212
121 883
123 622

Estimated living cost  is ₽20809 per week

₽12471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2042
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.
₽5836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151811
₽164186
₽169839
₽159615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
215 500
income
-
-
-
22 397
pensions
-
-
-
5 717
unemployment
-
-
-
26
health
-
-
-
3 252
total
-
-
-
31 392
Employee

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

20 629
-
206 716
-
unemployment
102
-
426
-
pensions
3 094
-
12 792
-
health
1 753
-
7 249
-
income
1 410
-
20 170
-
total
6 359
-
40 637
-
Employer

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

20 629
-
206 716
-
health
887
-
3 667
-
unemployment
102
-
426
-
pensions
1 134
-
4 690
-
total
2 123
-
8 783
-
Corporate
192 747
215 500
-
-
income
17 347
19 396
-
-
total
17 347
19 396
-
-
Dividends
175 400
196 104
-
-
withholding
15 787
17 649
-
-
total
15 787
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 616
37 045
49 420
31 392
After tax
173 884
178 455
166 080
184 108
Living cost
14 269
14 269
14 269
14 269
Free-cash
159 615
164 186
151 811
169 839

Estimated living cost  is ₽14269 per week

₽9104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91811
₽118240
₽95582
₽114273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 212
pensions
-
-
-
23 574
other
-
-
-
84
unemployment
-
-
-
583
accident
-
-
-
750
total
-
-
-
95 203
Employee
33 232
-
188 943
-
unemployment
515
-
1 291
-
pensions
1 562
-
3 916
-
other
32
-
84
-
income
6 407
-
67 126
-
total
8 516
-
72 417
-
Employer
33 232
-
188 943
-
accident
658
-
1 649
-
other
266
-
667
-
unemployment
1 828
-
4 581
-
pensions
7 842
-
19 660
-
total
10 594
-
26 557
-
Corporate
171 673
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.

25 750
32 325
-
-
total
25 750
32 325
-
-
Dividends
145 923
183 175
-
-
withholding
31 652
40 220
-
-
total
31 652
40 220
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 512
72 545
98 974
95 203
After tax
138 988
142 955
116 526
120 297
Living cost
24 715
24 715
24 715
24 715
Free-cash
114 273
118 240
91 811
95 582

Estimated living cost  is ₽24715 per week

₽16682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137425
₽132874
₽137539
₽132611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 353
pensions
-
-
-
1 165
health
-
-
-
845
total
-
-
-
76 363
Employee
2 434
-
214 189
-
unemployment
24
-
58
-
pensions
219
-
524
-
health
122
-
291
-
income
471
-
74 292
-
total
836
-
75 165
-
Employer
2 434
-
214 189
-
health
231
-
554
-
unemployment
49
-
117
-
pensions
268
-
641
-
total
548
-
1 312
-
Corporate
212 519
215 500
-
-
income
46 754
47 410
-
-
total
46 754
47 410
-
-
Dividends
165 765
168 090
-
-
withholding
33 153
33 618
-
-
total
33 153
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 291
81 028
76 477
76 363
After tax
134 209
134 472
139 023
139 137
Living cost
1 598
1 598
1 598
1 598
Free-cash
132 611
132 874
137 425
137 539

Estimated living cost  is ₽1598 per week

₽949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124789
₽140181
₽124788
₽135765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
income
-
-
-
50 127
pensions
-
-
-
17 242
unemployment
-
-
-
995
health
-
-
-
6 830
total
-
-
-
75 194
Employee

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

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

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

23 400
-
203 630
-
unemployment
176
-
497
-
pensions
3 276
-
9 284
-
health
1 205
-
3 415
-
income
3 225
-
50 127
-
total
7 882
-
63 323
-
Employer

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

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

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

23 400
-
203 630
-
health
1 205
-
3 415
-
unemployment
176
-
497
-
pensions
2 808
-
7 958
-
total
4 189
-
11 870
-
Corporate
187 911
215 500
-
-
income
28 187
32 325
-
-
total
28 187
32 325
-
-
Dividends
159 725
183 175
-
-
withholding
23 959
27 476
-
-
total
23 959
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 217
59 801
75 193
75 194
After tax
151 283
155 699
140 307
140 306
Living cost
15 518
15 518
15 518
15 518
Free-cash
135 765
140 181
124 789
124 788

Estimated living cost  is ₽15518 per week

₽10448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽70185
₽98347
₽87510
₽98022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income
-
-
-
28 874
social contributions

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

-
-
-
74 886
surtax
-
-
-
-
total
-
-
-
103 760
Employee
34 883
-
174 140
-
surtax
-
-
464
-
social contributions
3 837
-
19 155
-
income
6 816
-
60 108
-
total
10 653
-
79 727
-
Employer
34 883
-
174 140
-
social contributions
8 284
-
41 358
-
total
8 284
-
41 358
-
Corporate
172 334
215 500
-
-
income
36 190
45 255
-
-
surtax
-
-
-
-
total
36 190
45 255
-
-
Dividends
136 144
170 245
-
-
withholding
38 121
47 668
-
-
total
38 121
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 248
92 923
121 085
103 760
After tax
122 252
122 577
94 415
111 740
Living cost
24 230
24 230
24 230
24 230
Free-cash
98 022
98 347
70 185
87 510

Estimated living cost  is ₽24230 per week

₽17161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84940
₽111369
₽88711
₽105487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 212
pensions
-
-
-
23 574
other
-
-
-
84
unemployment
-
-
-
583
accident
-
-
-
750
total
-
-
-
95 203
Employee
43 406
-
188 943
-
unemployment
672
-
1 291
-
pensions
2 040
-
3 916
-
other
43
-
84
-
income
9 066
-
67 126
-
total
11 821
-
72 417
-
Employer
43 406
-
188 943
-
accident
860
-
1 649
-
other
348
-
667
-
unemployment
2 388
-
4 581
-
pensions
10 244
-
19 660
-
total
13 840
-
26 557
-
Corporate
158 256
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.

23 738
32 325
-
-
total
23 738
32 325
-
-
Dividends
134 518
183 175
-
-
withholding
29 028
40 220
-
-
total
29 028
40 220
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 427
72 545
98 974
95 203
After tax
137 073
142 955
116 526
120 297
Living cost
31 586
31 586
31 586
31 586
Free-cash
105 487
111 369
84 940
88 711

Estimated living cost  is ₽31586 per week

₽22684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168068
₽168591
₽159022
₽163042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
4 707
unemployment
-
-
-
127
health
-
-
-
3 657
total
-
-
-
40 816
Employee
20 739
-
209 260
-
pensions

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

1 821
-
2 792
-
health
954
-
1 463
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
income
2 074
-
20 926
-
total
5 077
-
25 531
-
Employer
20 739
-
209 260
-
accident

We are using the highest rate at 1.1%.

228
-
350
-
health
1 431
-
2 194
-
unemployment
125
-
191
-
pensions

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

2 285
-
3 504
-
total
4 069
-
6 239
-
Corporate
190 692
215 500
-
-
income
19 069
21 550
-
-
total
19 069
21 550
-
-
Dividends
171 623
193 950
-
-
withholding
8 581
9 697
-
-
total
8 581
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
36 796
31 247
31 770
40 816
After tax
178 704
184 253
183 730
174 684
Living cost
15 662
15 662
15 662
15 662
Free-cash
163 042
168 591
168 068
159 022

Estimated living cost  is ₽15662 per week

₽10359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽374
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97694
₽76116
₽72766
₽87874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income

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

-
-
-
72 955
trade
-
-
-
24 928
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.

-
-
-
6 140
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.

-
-
-
4 013
total
-
-
-
108 036
Employee

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

44 718
-
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.

203
-
4 013
-
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.

6 140
-
6 140
-
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.

3 677
-
72 955
-
total
10 020
-
83 108
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 782
215 500
-
-
income
25 617
32 325
-
-
trade
24 507
30 925
-
-
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.

1 409
1 777
-
-
chamber of commerce
387
452
-
-
total
51 920
65 479
-
-
Dividends
118 861
150 021
-
-
withholding
29 373
37 164
-
-
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.

1 615
2 043
-
-
total
30 988
39 207
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 928
104 686
83 108
108 036
After tax
122 572
110 814
132 392
107 464
Living cost
34 698
34 698
34 698
34 698
Free-cash
87 874
76 116
97 694
72 766

Estimated living cost  is ₽34698 per week

₽23936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55680
₽99653
₽55680
₽101637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 345
social contributions
-
-
-
37 278
total
-
-
-
108 623
Employee
70 302
-
215 500
-
income
13 266
-
71 345
-
social contributions
5 841
-
37 278
-
total
19 107
-
108 623
-
Employer
70 302
-
215 500
-
total
-
-
-
-
Corporate
145 198
215 500
-
-
income
18 150
26 937
-
-
total
18 150
26 937
-
-
Dividends
127 047
188 563
-
-
withholding
25 409
37 713
-
-
total
25 409
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 666
64 650
108 623
108 623
After tax
152 834
150 850
106 877
106 877
Living cost
51 197
51 197
51 197
51 197
Free-cash
101 637
99 653
55 680
55 680

Estimated living cost  is ₽51197 per week

₽38950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
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.
₽7586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117111
₽102702
₽144930
₽105842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
215 500
income
-
-
-
32 325
health

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

-
-
-
5 620
total
-
-
-
37 945
Employee
41 229
-
211 366
-
income
4 474
-
57 496
-
social contributions
4 131
-
4 134
-
total
8 605
-
61 630
-
Employer
41 229
-
211 366
-
social contributions
4 131
-
4 134
-
total
4 131
-
4 134
-
Corporate
170 140
215 500
-
-
income
59 549
75 425
-
-
total
59 549
75 425
-
-
Dividends
110 590
140 075
-
-
social contributions
4 748
4 748
-
-
total
4 748
4 748
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 033
80 173
65 764
37 945
After tax
138 467
135 327
149 736
177 555
Living cost
32 625
32 625
32 625
32 625
Free-cash
105 842
102 702
117 111
144 930

Estimated living cost  is ₽32625 per week

₽21490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
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.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85883
₽101402
₽105078
₽106761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 549
pensions
-
-
-
9 263
total
-
-
-
76 812
Employee
46 135
-
187 733
-
pensions
3 521
-
10 983
-
health
602
-
2 503
-
income
8 402
-
54 754
-
total
12 525
-
68 240
-
Employer
46 135
-
187 733
-
health
877
-
3 567
-
pensions
4 661
-
24 200
-
total
5 538
-
27 767
-
Corporate
163 827
215 500
-
-
income

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

31 127
40 946
-
-
total
31 127
40 946
-
-
Dividends
132 700
174 554
-
-
withholding
25 939
39 542
-
-
total
25 939
39 542
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 129
80 488
96 007
76 812
After tax
140 371
135 012
119 493
138 688
Living cost
33 610
33 610
33 610
33 610
Free-cash
106 761
101 402
85 883
105 078

Estimated living cost  is ₽33610 per week

₽23056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97548
-₽4039
₽125619
₽14159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 103
pensions
-
-
-
3 754
other
-
-
-
334
accident
-
-
-
228
health
-
-
-
1 968
total
-
-
-
68 387
Employee
33 810
-
197 425
-
pensions
3 807
-
6 884
-
health
3 871
-
22 605
-
income
4 639
-
48 894
-
total
12 317
-
78 383
-
Employer
33 810
-
197 425
-
accident
565
-
3 297
-
unemployment
828
-
4 837
-
pensions
5 497
-
9 941
-
total
6 890
-
18 075
-
Corporate
174 799
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.

157 319
193 950
-
-
total
157 319
193 950
-
-
Dividends
17 480
21 550
-
-
withholding
3 321
4 095
-
-
total
3 321
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 847
198 045
96 458
68 387
After tax
35 653
17 455
119 042
147 113
Living cost
21 494
21 494
21 494
21 494
Free-cash
14 159
-4 039
97 548
125 619

Estimated living cost  is ₽21494 per week

₽15774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147257
₽152740
₽127531
₽150026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
income
-
-
-
36 400
pensions
-
-
-
26 397
unemployment
-
-
-
1 722
health insurance
-
-
-
10 616
work injury
-
-
-
717
total
-
-
-
75 852
Employee

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

19 387
-
215 500
-
unemployment
233
-
861
-
work injury
97
-
359
-
pensions
3 567
-
13 198
-
health insurance
1 435
-
5 308
-
income
1 939
-
36 400
-
total
7 271
-
56 126
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 113
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%.

19 611
21 550
-
-
total
19 611
21 550
-
-
Dividends
176 502
193 950
-
-
withholding
26 475
29 093
-
-
total
26 475
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 357
50 643
56 126
75 852
After tax
162 143
164 857
159 374
139 648
Living cost
12 117
12 117
12 117
12 117
Free-cash
150 026
152 740
147 257
127 531

Estimated living cost  is ₽12117 per week

₽7507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58744
₽77705
₽66127
₽73620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 378
social contributions
-
-
-
44 982
municipal
-
-
-
1 535
national
-
-
-
61 674
total
-
-
-
113 569
Employee
75 734
-
215 500
-
municipal
452
-
1 409
-
social contributions
25 537
-
58 973
-
regional
1 143
-
4 913
-
national
12 798
-
55 657
-
total
39 930
-
120 952
-
Employer
75 734
-
215 500
-
total
-
-
-
-
Corporate
139 766
215 500
-
-
nationa
33 543
51 721
-
-
municipal
6 737
10 387
-
-
total
40 280
62 108
-
-
Dividends
99 486
153 392
-
-
withholding
25 866
39 883
-
-
total
25 866
39 883
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 076
101 991
120 952
113 569
After tax
109 424
113 509
94 548
101 931
Living cost
35 804
35 804
35 804
35 804
Free-cash
73 620
77 705
58 744
66 127

Estimated living cost  is ₽35804 per week

₽25150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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