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
₽104399
₽79970
₽77382
₽90428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
3 962
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.

-
-
-
6 459
trade
-
-
-
27 017
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.

-
-
-
72 041
total
-
-
-
109 479
Employee

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

36 164
-
215 500
-
health

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

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

6 459
-
6 459
-
income

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

1 010
-
72 041
-
surtax

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

56
-
3 962
-
total
7 525
-
82 462
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 336
215 500
-
-
trade
28 246
33 941
-
-
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.

1 480
1 778
-
-
chamber of commerce
402
454
-
-
income
26 900
32 324
-
-
total
57 028
68 497
-
-
Dividends
122 308
147 003
-
-
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.

1 662
2 002
-
-
withholding
30 218
36 392
-
-
total
31 880
38 394
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 433
106 891
82 462
109 479
After tax
119 067
108 609
133 038
106 021
Living cost
28 639
28 639
28 639
28 639
Free-cash
90 428
79 970
104 399
77 382

Estimated living cost  is ₽28639 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74042
₽83973
₽72886
₽83134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
2 317
national
-
-
-
40 047
pensions
-
-
-
25 860
municipal
-
-
-
23 891
total
-
-
-
92 115
Employee
78 283
-
186 298
-
pensions
3 131
-
7 452
-
municipal
9 669
-
24 726
-
national
14 983
-
41 874
-
total
27 783
-
74 052
-
Employer
78 283
-
186 298
-
pensions
6 263
-
14 904
-
social contributions
842
-
2 003
-
total
7 105
-
16 907
-
Corporate
124 946
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%.

24 989
43 100
-
-
total
24 989
43 100
-
-
Dividends
99 957
172 400
-
-
withholding
21 990
37 928
-
-
total
21 990
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 867
81 028
90 959
92 115
After tax
133 633
134 472
124 541
123 385
Living cost
50 499
50 499
50 499
50 499
Free-cash
83 134
83 973
74 042
72 886

Estimated living cost  is ₽50499 per week

₽34324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74169
₽152728
₽58901
₽144973
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
36 227
income
-
-
-
45 749
microenterprise
-
-
-
-
total
-
-
-
136 928
Employee
27 628
-
169 688
-
income
4 918
-
38 848
-
social contributions

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

3 040
-
12 395
-
surtax
-
-
24 605
-
total
7 958
-
75 848
-
Employer
27 628
-
169 688
-
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.

6 655
-
27 146
-
surtax
-
-
18 666
-
total
6 655
-
45 812
-
Corporate
181 216
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%.

36 243
43 101
-
-
total
36 243
43 101
-
-
Dividends

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

144 973
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 856
43 101
121 660
136 928
After tax
164 644
172 399
93 840
78 572
Living cost
19 671
19 671
19 671
19 671
Free-cash
144 973
152 728
74 169
58 901

Estimated living cost  is ₽19671 per week

₽12549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98210
₽67812
₽75959
₽62019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
11 659
income
-
-
-
77 195
pensions
-
-
-
11 078
total
-
-
-
99 932
Employee
80 743
80 743
197 928
-
pensions
14 534
11 078
11 078
-
health
12 393
10 541
11 659
-
income

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

13 216
13 216
37 373
-
total
40 143
34 835
60 110
-
Employer
80 743
80 743
197 928
-
unemployment
2 907
2 907
3 612
-
health
5 613
5 613
6 974
-
pensions
5 620
5 620
6 985
-
total
14 140
14 140
17 571
-
Corporate
121 608
120 618
-
-
income
24 322
24 124
-
-
total
24 322
24 124
-
-
Dividends
97 286
96 493
-
-
income
20 674
20 505
-
-
withholding
14 593
14 475
-
-
total
35 267
34 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 872
108 079
77 681
99 932
After tax
101 628
107 421
137 819
115 568
Living cost
39 609
39 609
39 609
39 609
Free-cash
62 019
67 812
98 210
75 959

Estimated living cost  is ₽39609 per week

₽28070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68257
₽78955
₽69197
₽78087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
5 294
national
-
-
-
26 085
pensions
-
-
-
9 170
unemployment
-
-
-
85
accident
-
-
-
170
municipal
-
-
-
56 933
other
-
-
-
9 858
total
-
-
-
107 595
Employee
55 155
-
188 845
-
municipal
16 447
-
56 314
-
national
-
-
25 566
-
total
16 447
-
81 880
-
Employer
55 155
-
188 845
-
accident
110
-
170
-
unemployment
1 456
-
2 240
-
health
3 392
-
5 217
-
other
6 409
-
9 858
-
pensions
5 962
-
9 170
-
total
17 329
-
26 655
-
Corporate
143 016
215 500
-
-
income
31 463
47 410
-
-
total
31 463
47 410
-
-
Dividends
111 552
168 090
-
-
withholding
33 466
50 427
-
-
total
33 466
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 705
97 837
108 535
107 595
After tax
116 795
117 663
106 965
107 905
Living cost
38 708
38 708
38 708
38 708
Free-cash
78 087
78 955
68 257
69 197

Estimated living cost  is ₽38708 per week

₽25654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95894
₽70358
₽67675
₽83642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
3 962
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.

-
-
-
6 459
trade
-
-
-
28 219
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.

-
-
-
72 041
total
-
-
-
110 681
Employee

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

47 949
-
215 500
-
health

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

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

6 459
-
6 459
-
income

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

4 120
-
72 041
-
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.

226
-
3 962
-
total
10 805
-
82 462
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 551
215 500
-
-
trade
27 562
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.

1 382
1 778
-
-
chamber of commerce
382
450
-
-
income
25 133
32 324
-
-
total
54 459
70 002
-
-
Dividends
113 092
145 497
-
-
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.

1 536
1 981
-
-
withholding
27 914
36 015
-
-
total
29 450
37 996
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 714
107 998
82 462
110 681
After tax
120 786
107 502
133 038
104 819
Living cost
37 144
37 144
37 144
37 144
Free-cash
83 642
70 358
95 894
67 675

Estimated living cost  is ₽37144 per week

₽24842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112413
₽126382
₽114174
₽122460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
15 298
health
-
-
-
5 496
income
-
-
-
49 864
total
-
-
-
70 658
Employee
72 706
72 706
203 595
-
health
723
1 236
3 461
-
income
7 635
6 730
48 914
-
social contributions
3 533
6 034
8 139
-
total
11 891
14 000
60 514
-
Employer
72 706
72 706
203 595
-
health
788
1 346
3 766
-
social contributions
3 533
6 034
8 139
-
total
4 321
7 380
11 905
-
Corporate
168 621
135 414
-
-
income
21 078
16 927
-
-
total
21 078
16 927
-
-
Dividends
147 543
118 487
-
-
withholding
25 082
20 143
-
-
total
25 082
20 143
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 372
58 450
72 419
70 658
After tax
153 128
157 050
143 081
144 842
Living cost
30 668
30 668
30 668
30 668
Free-cash
122 460
126 382
112 413
114 174

Estimated living cost  is ₽30668 per week

₽20965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106291
₽102346
₽130651
₽102735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
15 085
income
-
-
-
26 345
pensions
-
-
-
21 550
unemployment
-
-
-
3 232
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.

26 903
10 707
180 335
-
pensions
2 690
1 071
18 033
-
health
1 883
749
12 623
-
income
3 289
1 309
22 046
-
unemployment
404
161
2 705
-
total
8 266
3 290
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.

26 903
10 707
180 335
-
pensions
5 246
2 088
35 165
-
total
5 246
2 088
35 165
-
Corporate
183 351
202 705
-
-
income
16 502
18 243
-
-
total
16 502
18 243
-
-
Dividends
166 850
184 462
-
-
withholding
31 701
35 048
-
-
social contributions
32 413
35 848
-
-
total
64 114
70 896
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 128
94 517
90 572
66 212
After tax
121 372
120 983
124 928
149 288
Living cost
18 637
18 637
18 637
18 637
Free-cash
102 735
102 346
106 291
130 651

Estimated living cost  is ₽18637 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101373
₽149561
₽92672
₽143689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
28 014
income
-
-
-
28 877
pensions
-
-
-
43 099
total
-
-
-
99 990
Employee
26 823
-
161 061
-
pensions
536
-
3 221
-
income
3 020
-
31 052
-
unemployment
429
-
2 577
-
total
3 985
-
36 850
-
Employer
26 823
-
161 061
-
unemployment
215
-
1 288
-
health
3 486
-
20 938
-
pensions
5 365
-
32 213
-
total
9 066
-
54 439
-
Corporate
179 611
215 500
-
-
income
35 922
43 101
-
-
total
35 922
43 101
-
-
Dividends
143 689
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 973
43 101
91 289
99 990
After tax
166 527
172 399
124 211
115 510
Living cost
22 838
22 838
22 838
22 838
Free-cash
143 689
149 561
101 373
92 672

Estimated living cost  is ₽22838 per week

₽15664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97982
-₽3339
₽126345
₽14267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
2 061
income
-
-
-
61 777
pensions
-
-
-
3 933
accident
-
-
-
239
other
-
-
-
350
total
-
-
-
68 360
Employee
32 711
-
196 971
-
pensions
3 683
-
7 211
-
health
3 745
-
22 553
-
income
4 488
-
48 430
-
total
11 916
-
78 194
-
Employer
32 711
-
196 971
-
accident
546
-
3 289
-
unemployment
801
-
4 826
-
pensions
5 319
-
10 414
-
total
6 666
-
18 529
-
Corporate
176 122
215 500
-
-
income

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

158 510
193 950
-
-
total
158 510
193 950
-
-
Dividends
17 612
21 550
-
-
withholding
3 346
4 094
-
-
total
3 346
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 438
198 044
96 723
68 360
After tax
35 062
17 456
118 777
147 140
Living cost
20 795
20 795
20 795
20 795
Free-cash
14 267
-3 339
97 982
126 345

Estimated living cost  is ₽20795 per week

₽15241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164279
₽196604
₽205224
₽195081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
10 151
-
215 500
-
income
2 030
-
43 100
-
total
2 030
-
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%.

205 349
215 500
-
-
total
-
-
-
-
Dividends
205 349
215 500
-
-
withholding
10 268
10 775
-
-
total
10 268
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 298
10 775
43 100
2 155
After tax
203 202
204 725
172 400
213 345
Living cost
8 121
8 121
8 121
8 121
Free-cash
195 081
196 604
164 279
205 224

Estimated living cost  is ₽8121 per week

₽5033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102912
₽133132
₽104684
₽126747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
6 327
income
-
-
-
37 958
pensions

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

-
-
-
34 508
other
-
-
-
6 829
total
-
-
-
85 622
Employee
34 331
-
178 986
-
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.

2 403
-
10 064
-
health
481
-
2 013
-
income
5 910
-
37 366
-
unemployment
343
-
1 437
-
total
9 137
-
50 880
-
Employer
34 331
-
178 986
-
accident
275
-
1 432
-
unemployment
343
-
1 437
-
health
481
-
2 013
-
other
1 717
-
7 188
-
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.

5 837
-
24 444
-
total
8 653
-
36 514
-
Corporate
172 517
215 500
-
-
income
36 229
45 256
-
-
total
36 229
45 256
-
-
Dividends
136 288
170 244
-
-
withholding
9 540
11 918
-
-
total
9 540
11 918
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 559
57 174
87 394
85 622
After tax
151 941
158 326
128 106
129 878
Living cost
25 194
25 194
25 194
25 194
Free-cash
126 747
133 132
102 912
104 684

Estimated living cost  is ₽25194 per week

₽17801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56431
₽72265
₽75671
₽79926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 677
pensions
-
-
-
9 518
total
-
-
-
76 195
Employee
90 033
-
187 809
-
pensions
8 686
-
11 358
-
health
1 484
-
2 536
-
income
16 229
-
53 849
-
total
26 399
-
67 743
-
Employer
90 033
-
187 809
-
health
1 710
-
3 569
-
pensions
10 630
-
24 123
-
total
12 340
-
27 692
-
Corporate
113 127
215 500
-
-
income

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

21 495
40 945
-
-
total
21 495
40 945
-
-
Dividends
91 632
174 555
-
-
withholding
11 706
38 656
-
-
total
11 706
38 656
-
-
Income
215 500
215 500
215 500
215 500
Total tax
71 940
79 601
95 435
76 195
After tax
143 560
135 899
120 065
139 305
Living cost
63 634
63 634
63 634
63 634
Free-cash
79 926
72 265
56 431
75 671

Estimated living cost  is ₽63634 per week

₽47682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽148943
₽160006
₽141684
₽151418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
7 428
income
-
-
-
32 324
pensions

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

-
-
-
9 560
unemployment
-
-
-
258
total
-
-
-
49 570
Employee
32 105
-
202 827
-
pensions

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

2 819
-
5 672
-
accident

We are using the highest rate at 1.1%.

353
-
711
-
health
1 477
-
2 971
-
income
3 210
-
20 283
-
total
7 859
-
29 637
-
Employer
32 105
-
202 827
-
accident

We are using the highest rate at 1.1%.

353
-
711
-
unemployment
192
-
388
-
health
2 216
-
4 457
-
pensions

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

3 538
-
7 118
-
total
6 299
-
12 674
-
Corporate
177 095
215 500
-
-
income
17 710
21 550
-
-
total
17 710
21 550
-
-
Dividends
159 385
193 950
-
-
withholding
7 968
9 698
-
-
total
7 968
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
39 836
31 248
42 311
49 570
After tax
175 664
184 252
173 189
165 930
Living cost
24 246
24 246
24 246
24 246
Free-cash
151 418
160 006
148 943
141 684

Estimated living cost  is ₽24246 per week

₽14155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85389
₽54991
₽63138
₽57370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
11 659
income
-
-
-
77 195
pensions
-
-
-
11 078
total
-
-
-
99 932
Employee
87 661
80 743
197 928
-
pensions
11 078
11 078
11 078
-
health
10 936
10 541
11 659
-
income

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

13 216
13 216
37 373
-
total
35 230
34 835
60 110
-
Employer
87 661
80 743
197 928
-
unemployment
3 156
2 907
3 612
-
health
6 092
5 613
6 974
-
pensions
6 101
5 620
6 985
-
total
15 349
14 140
17 571
-
Corporate
112 490
120 618
-
-
income
22 499
24 124
-
-
total
22 499
24 124
-
-
Dividends
89 992
96 493
-
-
income
19 124
20 505
-
-
withholding
13 498
14 475
-
-
total
32 622
34 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 700
108 079
77 681
99 932
After tax
109 800
107 421
137 819
115 568
Living cost
52 430
52 430
52 430
52 430
Free-cash
57 370
54 991
85 389
63 138

Estimated living cost  is ₽52430 per week

₽38676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94012
₽124755
₽103421
₽116328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
33 984
health
-
-
-
29 092
income
-
-
-
22 863
solidarity contribution
-
-
-
2 523
total
-
-
-
88 462
Employee
34 731
-
171 013
-
health
4 689
-
23 087
-
income
4 168
-
21 054
-
social contributions
2 258
-
7 565
-
solidarity contribution
-
-
1 678
-
total
11 115
-
53 384
-
Employer
34 731
-
171 013
-
health
3 126
-
15 391
-
social contributions
8 683
-
29 096
-
total
11 809
-
44 487
-
Corporate
168 960
215 500
-
-
income
32 102
40 945
-
-
total
32 102
40 945
-
-
Dividends
136 858
174 555
-
-
withholding
20 529
26 183
-
-
total
20 529
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 555
67 128
97 871
88 462
After tax
139 945
148 372
117 629
127 038
Living cost
23 617
23 617
23 617
23 617
Free-cash
116 328
124 755
94 012
103 421

Estimated living cost  is ₽23617 per week

₽16405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56121
₽75081
₽64134
₽70142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
47 323
national
-
-
-
60 061
regional
-
-
-
2 739
municipal
-
-
-
1 346
total
-
-
-
111 469
Employee
84 032
-
215 500
-
municipal
445
-
1 227
-
national
14 561
-
53 732
-
regional
793
-
2 482
-
social contributions
28 336
-
62 041
-
total
44 135
-
119 482
-
Employer
84 032
-
215 500
-
total
-
-
-
-
Corporate
131 468
215 500
-
-
nationa
31 553
51 721
-
-
municipal
5 128
8 404
-
-
total
36 681
60 125
-
-
Dividends
94 787
155 375
-
-
withholding
24 645
40 397
-
-
total
24 645
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 461
100 522
119 482
111 469
After tax
110 039
114 978
96 018
104 031
Living cost
39 897
39 897
39 897
39 897
Free-cash
70 142
75 081
56 121
64 134

Estimated living cost  is ₽39897 per week

₽27812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74686
₽114685
₽80466
₽111745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 545
health
-
-
-
8 959
income
-
-
-
68 212
pensions
-
-
-
25 239
unemployment
-
-
-
215
other
-
-
-
-
total
-
-
-
114 170
Employee
31 268
-
188 937
-
pensions
2 085
-
8 417
-
other
-
-
-
-
health
798
-
3 217
-
income
5 241
-
62 556
-
unemployment
2 176
-
8 783
-
surtax
102
-
10 414
-
total
10 402
-
93 387
-
Employer
31 268
-
188 937
-
unemployment
990
-
3 999
-
health
1 423
-
5 742
-
other
-
-
-
-
pensions
4 168
-
16 822
-
total
6 581
-
26 563
-
Corporate
177 651
215 500
-
-
income
46 189
56 031
-
-
total
46 189
56 031
-
-
Dividends
131 462
159 469
-
-
withholding
19 719
23 920
-
-
total
19 719
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 891
79 951
119 950
114 170
After tax
132 609
135 549
95 550
101 330
Living cost
20 864
20 864
20 864
20 864
Free-cash
111 745
114 685
74 686
80 466

Estimated living cost  is ₽20864 per week

₽12757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76592
₽92426
₽95832
₽98710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 677
pensions
-
-
-
9 518
total
-
-
-
76 195
Employee
60 337
-
187 809
-
pensions
5 121
-
11 358
-
health
876
-
2 536
-
income
10 867
-
53 849
-
total
16 864
-
67 743
-
Employer
60 337
-
187 809
-
health
1 146
-
3 569
-
pensions
6 532
-
24 123
-
total
7 678
-
27 692
-
Corporate
147 485
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.

28 023
40 945
-
-
total
28 023
40 945
-
-
Dividends
119 462
174 555
-
-
withholding
20 752
38 656
-
-
total
20 752
38 656
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 317
79 601
95 435
76 195
After tax
142 183
135 899
120 065
139 305
Living cost
43 473
43 473
43 473
43 473
Free-cash
98 710
92 426
76 592
95 832

Estimated living cost  is ₽43473 per week

₽32570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88216
₽23591
₽96254
₽55661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 272
health
-
-
-
485
national
-
-
-
5 426
pensions
-
-
-
19 826
regional
-
-
-
11 974
other

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

-
-
-
4 310
total
-
-
-
44 293
Employee
87 715
-
193 854
-
pensions
7 369
-
15 198
-
city
941
-
2 094
-
health
198
-
437
-
national
415
-
4 448
-
regional
2 872
-
10 642
-
unemployment
-
-
-
-
total
11 795
-
32 819
-
Employer
87 715
-
193 854
-
unemployment
-
-
-
-
health
198
-
437
-
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.

1 754
-
3 877
-
pensions
7 369
-
15 198
-
total
9 321
-
19 512
-
Corporate
117 500
215 500
-
-
national
9 987
18 317
-
-
regional
24 851
45 578
-
-
total
34 838
63 895
-
-
Dividends
82 662
151 605
-
-
withholding
28 932
53 061
-
-
total
28 932
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
84 886
116 956
52 331
44 293
After tax
130 614
98 544
163 169
171 207
Living cost
74 953
74 953
74 953
74 953
Free-cash
55 661
23 591
88 216
96 254

Estimated living cost  is ₽74953 per week

₽48741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽89723
₽63080
₽60304
₽78412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
3 962
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.

-
-
-
6 459
trade
-
-
-
29 419
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.

-
-
-
72 041
total
-
-
-
111 881
Employee

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

56 824
-
215 500
-
health

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

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

6 459
-
6 459
-
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.

6 682
-
72 041
-
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.

368
-
3 962
-
total
13 509
-
82 462
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 676
215 500
-
-
trade
27 212
36 959
-
-
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.

1 310
1 778
-
-
chamber of commerce
366
447
-
-
income
23 801
32 324
-
-
total
52 689
71 508
-
-
Dividends
105 987
143 992
-
-
surtax

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

1 437
1 959
-
-
withholding
26 138
35 638
-
-
total
27 575
37 597
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 773
109 105
82 462
111 881
After tax
121 727
106 395
133 038
103 619
Living cost
43 315
43 315
43 315
43 315
Free-cash
78 412
63 080
89 723
60 304

Estimated living cost  is ₽43315 per week

₽31635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78847
₽76262
₽85334
₽81850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 640
income
-
-
-
40 597
pensions
-
-
-
33 760
other
-
-
-
6 680
total
-
-
-
97 817
Employee
40 467
-
164 251
-
pensions
4 575
-
12 470
-
income
2 388
-
35 910
-
social contributions
1 154
-
4 681
-
surtax
-
-
-
-
total
8 117
-
53 061
-
Employer
40 467
-
164 251
-
unemployment
1 638
-
6 651
-
health
2 833
-
16 439
-
other
1 396
-
6 855
-
pensions
6 648
-
20 805
-
social contributions
122
-
493
-
total
12 637
-
51 243
-
Corporate
162 396
215 500
-
-
surtax
-
-
-
-
income
45 471
60 340
-
-
total
45 471
60 340
-
-
Dividends
116 925
155 160
-
-
surtax
-
-
-
-
withholding
14 966
19 861
-
-
social contributions
20 110
26 688
-
-
total
35 076
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 301
106 889
104 304
97 817
After tax
114 199
108 611
111 196
117 683
Living cost
32 349
32 349
32 349
32 349
Free-cash
81 850
76 262
78 847
85 334

Estimated living cost  is ₽32349 per week

₽20398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82052
₽79467
₽88539
₽84720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 640
income
-
-
-
40 597
pensions
-
-
-
33 760
other
-
-
-
6 680
total
-
-
-
97 817
Employee
36 122
-
164 251
-
pensions
4 086
-
12 470
-
income
1 862
-
35 910
-
social contributions
1 030
-
4 681
-
surtax
-
-
-
-
total
6 978
-
53 061
-
Employer
36 122
-
164 251
-
unemployment
1 462
-
6 651
-
health
2 528
-
16 439
-
other
1 247
-
6 855
-
pensions
5 936
-
20 805
-
social contributions
108
-
493
-
total
11 281
-
51 243
-
Corporate
168 097
215 500
-
-
surtax
-
-
-
-
income
47 068
60 340
-
-
total
47 068
60 340
-
-
Dividends
121 029
155 160
-
-
surtax
-
-
-
-
withholding
15 492
19 861
-
-
social contributions
20 817
26 688
-
-
total
36 309
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 636
106 889
104 304
97 817
After tax
113 864
108 611
111 196
117 683
Living cost
29 144
29 144
29 144
29 144
Free-cash
84 720
79 467
82 052
88 539

Estimated living cost  is ₽29144 per week

₽16902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112462
₽111426
₽118346
₽111916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
29 739
health
-
-
-
15 042
income
-
-
-
32 324
total
-
-
-
77 105
Employee
32 059
-
215 500
-
health
2 237
-
15 042
-
income
5 347
-
38 208
-
social contributions
4 425
-
29 739
-
total
12 009
-
82 989
-
Employer
32 059
-
215 500
-
total
-
-
-
-
Corporate
183 441
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%.

9 172
10 775
-
-
total
9 172
10 775
-
-
Dividends
174 269
204 725
-
-
withholding
26 141
30 709
-
-
health
12 164
14 290
-
-
social contributions
24 049
28 251
-
-
total
62 354
73 250
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 535
84 025
82 989
77 105
After tax
131 965
131 475
132 511
138 395
Living cost
20 049
20 049
20 049
20 049
Free-cash
111 916
111 426
112 462
118 346

Estimated living cost  is ₽20049 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23153
₽85451
₽77039
₽83993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
187
chamber of commerce
-
-
-
861
health
-
-
-
8 449
income
-
-
-
69 414
pensions
-
-
-
20 435
unemployment
-
-
-
5 799
total
-
-
-
105 145
Employee
47 253
37 680
178 554
-
pensions
4 839
3 858
11 311
-
other
472
377
1 105
-
health
1 828
1 459
4 274
-
income
5 379
2 779
58 340
-
unemployment
1 417
1 130
3 314
-
total
13 935
9 603
78 344
-
Employer
47 253
37 680
178 554
-
accident
614
490
1 435
-
unemployment
1 417
1 130
3 314
-
health
1 785
1 425
4 175
-
other
2 245
1 789
7 902
-
pensions
5 930
4 730
13 863
-
payroll
1 417
1 130
5 356
-
surtax
187
187
187
-
chamber of commerce
188
151
714
-
total
13 783
11 032
36 946
-
Corporate
154 464
166 788
174 965
-
income

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

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

38 615
41 698
43 741
-
total
38 615
41 698
43 741
-
Dividends
115 848
125 091
-
-
withholding
31 858
34 400
-
-
total
31 858
34 400
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 191
96 733
159 031
105 145
After tax
117 309
118 767
56 469
110 355
Living cost
33 316
33 316
33 316
33 316
Free-cash
83 993
85 451
23 153
77 039

Estimated living cost  is ₽33316 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38666
₽83626
₽59270
₽71766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
23 573
national
-
-
-
86 666
communal

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

-
-
-
11 516
total
-
-
-
121 755
Employee

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

67 633
-
166 910
-
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.

5 072
-
12 519
-
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.

3 178
-
7 845
-
national
20 793
-
63 251
-
communal

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

3 528
-
8 706
-
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.

589
-
1 452
-
total
33 160
-
93 773
-
Employer

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

67 633
-
166 910
-
accident

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

879
-
2 169
-
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.

987
-
2 437
-
health

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

4 159
-
10 265
-
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.

5 993
-
14 789
-
surtax
7 669
-
18 926
-
total
19 687
-
48 586
-
Corporate
128 180
215 500
-
-
surtax
513
928
-
-
income
25 635
46 347
-
-
total
26 148
47 275
-
-
Dividends
102 031
168 226
-
-
withholding

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

30 264
50 124
-
-
total
30 264
50 124
-
-
Income
215 500
215 500
215 500
215 500
Total tax
109 259
97 399
142 359
121 755
After tax
106 241
118 101
73 141
93 745
Living cost
34 475
34 475
34 475
34 475
Free-cash
71 766
83 626
38 666
59 270

Estimated living cost  is ₽34475 per week

₽22206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82276
₽108909
₽86243
₽102430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 818
pensions
-
-
-
24 801
unemployment
-
-
-
614
accident
-
-
-
789
other
-
-
-
88
total
-
-
-
95 110
Employee
47 066
-
187 561
-
pensions
2 212
-
4 120
-
other
47
-
88
-
income
9 931
-
65 572
-
unemployment
730
-
1 358
-
total
12 920
-
71 138
-
Employer
47 066
-
187 561
-
accident
931
-
1 735
-
unemployment
2 589
-
4 819
-
other
375
-
702
-
pensions
11 107
-
20 683
-
total
15 002
-
27 939
-
Corporate
153 432
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.

23 015
32 324
-
-
total
23 015
32 324
-
-
Dividends
130 417
183 176
-
-
withholding
27 986
40 120
-
-
total
27 986
40 120
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 923
72 444
99 077
95 110
After tax
136 577
143 056
116 423
120 390
Living cost
34 147
34 147
34 147
34 147
Free-cash
102 430
108 909
82 276
86 243

Estimated living cost  is ₽34147 per week

₽25145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
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.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58271
₽70413
₽49681
₽57407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
10 683
health
-
-
-
15 142
income
-
-
-
40 873
pensions
-
-
-
32 301
communal
-
-
-
13 619
accident
-
-
-
1 818
total
-
-
-
114 436
Employee
71 603
-
192 495
-
pensions
5 727
-
15 400
-
health
3 187
-
8 566
-
income
6 916
-
47 078
-
surtax
4 389
-
11 798
-
total
20 219
-
82 842
-
Employer
71 603
-
192 495
-
accident
644
-
1 733
-
health
2 184
-
5 871
-
pensions
5 727
-
15 400
-
total
8 555
-
23 004
-
Corporate
135 342
215 500
-
-
surtax
1 421
2 263
-
-
communal
9 135
14 546
-
-
income
20 301
32 324
-
-
total
30 857
49 133
-
-
Dividends
104 485
166 367
-
-
income
31 406
19 616
-
-
withholding
15 673
24 955
-
-
total
47 079
44 571
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 710
93 704
105 846
114 436
After tax
108 790
121 796
109 654
101 064
Living cost
51 383
51 383
51 383
51 383
Free-cash
57 407
70 413
58 271
49 681

Estimated living cost  is ₽51383 per week

₽38545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74313
₽114312
₽80093
₽111306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 545
health
-
-
-
8 959
income
-
-
-
68 212
pensions
-
-
-
25 239
unemployment
-
-
-
215
other
-
-
-
-
total
-
-
-
114 170
Employee
31 842
-
188 937
-
pensions
2 124
-
8 417
-
other
-
-
-
-
health
813
-
3 217
-
income
5 338
-
62 556
-
unemployment
2 216
-
8 783
-
surtax
113
-
10 414
-
total
10 604
-
93 387
-
Employer
31 842
-
188 937
-
unemployment
1 010
-
3 999
-
health
1 448
-
5 742
-
other
-
-
-
-
pensions
4 245
-
16 822
-
total
6 703
-
26 563
-
Corporate
176 955
215 500
-
-
income
46 008
56 031
-
-
total
46 008
56 031
-
-
Dividends
130 947
159 469
-
-
withholding
19 642
23 920
-
-
total
19 642
23 920
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 957
79 951
119 950
114 170
After tax
132 543
135 549
95 550
101 330
Living cost
21 237
21 237
21 237
21 237
Free-cash
111 306
114 312
74 313
80 093

Estimated living cost  is ₽21237 per week

₽12822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69914
₽87801
₽77886
₽85704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
47 323
national
-
-
-
60 061
regional
-
-
-
3 414
municipal
-
-
-
1 346
total
-
-
-
112 144
Employee
52 449
-
215 500
-
municipal
278
-
1 227
-
national
8 309
-
53 732
-
regional
706
-
3 116
-
social contributions
17 686
-
62 041
-
total
26 979
-
120 116
-
Employer
52 449
-
215 500
-
total
-
-
-
-
Corporate
163 051
215 500
-
-
nationa
39 132
51 721
-
-
municipal
8 103
10 710
-
-
total
47 235
62 431
-
-
Dividends
115 816
153 069
-
-
withholding
30 112
39 798
-
-
total
30 112
39 798
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 326
102 229
120 116
112 144
After tax
111 174
113 271
95 384
103 356
Living cost
25 470
25 470
25 470
25 470
Free-cash
85 704
87 801
69 914
77 886

Estimated living cost  is ₽25470 per week

₽15840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88526
₽119269
₽97935
₽108885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
33 984
health
-
-
-
29 092
income
-
-
-
22 863
solidarity contribution
-
-
-
2 523
total
-
-
-
88 462
Employee
42 798
-
171 013
-
health
5 778
-
23 087
-
income
5 136
-
21 054
-
social contributions
2 782
-
7 565
-
solidarity contribution
-
-
1 678
-
total
13 696
-
53 384
-
Employer
42 798
-
171 013
-
health
3 852
-
15 391
-
social contributions
10 700
-
29 096
-
total
14 552
-
44 487
-
Corporate
158 151
215 500
-
-
income
30 049
40 945
-
-
total
30 049
40 945
-
-
Dividends
128 102
174 555
-
-
withholding
19 215
26 183
-
-
total
19 215
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 512
67 128
97 871
88 462
After tax
137 988
148 372
117 629
127 038
Living cost
29 103
29 103
29 103
29 103
Free-cash
108 885
119 269
88 526
97 935

Estimated living cost  is ₽29103 per week

₽21643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
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.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26352
₽88705
₽80377
₽88236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
861
health
-
-
-
8 449
income
-
-
-
69 414
pensions
-
-
-
20 435
unemployment
-
-
-
5 799
total
-
-
-
104 958
Employee
41 331
37 680
178 728
-
pensions
4 233
3 858
11 311
-
other
413
377
1 105
-
health
1 599
1 459
4 274
-
income
3 682
2 779
58 424
-
unemployment
1 240
1 130
3 314
-
total
11 167
9 603
78 428
-
Employer
41 331
37 680
178 728
-
accident
536
490
1 435
-
unemployment
1 240
1 130
3 314
-
health
1 563
1 425
4 175
-
other
1 963
1 789
7 909
-
pensions
5 187
4 730
13 863
-
payroll
1 240
1 130
5 361
-
surtax
-
-
-
-
chamber of commerce
165
151
714
-
total
11 894
10 845
36 771
-
Corporate
162 274
166 975
175 139
-
income

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

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

40 569
41 744
43 784
-
total
40 569
41 744
43 784
-
Dividends
121 705
125 231
-
-
withholding
33 469
34 438
-
-
total
33 469
34 438
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 099
96 630
158 983
104 958
After tax
118 401
118 870
56 517
110 542
Living cost
30 165
30 165
30 165
30 165
Free-cash
88 236
88 705
26 352
80 377

Estimated living cost  is ₽30165 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159745
₽192070
₽200690
₽189697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 819
-
215 500
-
income
3 164
-
43 100
-
total
3 164
-
43 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

199 681
215 500
-
-
total
-
-
-
-
Dividends
199 681
215 500
-
-
withholding
9 984
10 775
-
-
total
9 984
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
13 148
10 775
43 100
2 155
After tax
202 352
204 725
172 400
213 345
Living cost
12 655
12 655
12 655
12 655
Free-cash
189 697
192 070
159 745
200 690

Estimated living cost  is ₽12655 per week

₽8564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69716
₽123011
₽74394
₽115104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
215 500
health
-
-
-
21 205
income
-
-
-
54 861
pensions
-
-
-
39 356
unemployment
-
-
-
323
total
-
-
-
115 745
Employee

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

41 811
-
186 468
-
pensions
6 481
-
28 903
-
health
2 700
-
12 045
-
income
7 210
-
50 184
-
unemployment
59
-
260
-
total
16 450
-
91 392
-
Employer

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

41 811
-
186 468
-
unemployment
25
-
111
-
health
2 785
-
12 418
-
pensions
3 700
-
16 502
-
total
6 510
-
29 031
-
Corporate
167 179
215 500
-
-
income
31 764
40 946
-
-
total
31 764
40 946
-
-
Dividends
135 415
174 554
-
-
withholding
20 311
26 182
-
-
total
20 311
26 182
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 035
67 128
120 423
115 745
After tax
140 465
148 372
95 077
99 755
Living cost
25 361
25 361
25 361
25 361
Free-cash
115 104
123 011
69 716
74 394

Estimated living cost  is ₽25361 per week

₽17405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
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.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158425
₽87371
₽105189
₽39153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
24 567
income
-
-
-
42 005
total
-
-
-
66 572
Employee
62 716
-
-
-
income
13 834
-
-
-
social contributions
5 143
-
733
-
total
18 977
-
733
-
Employer
62 716
-
-
-
social contributions
88 430
-
12 603
-
total
88 430
-
12 603
-
Corporate
64 354
215 500
-
-
income
14 158
47 410
-
-
total
14 158
47 410
-
-
Dividends
50 196
168 090
-
-
income
11 043
36 980
-
-
total
11 043
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
132 608
84 390
13 336
66 572
After tax
82 892
131 110
202 164
148 928
Living cost
43 739
43 739
43 739
43 739
Free-cash
39 153
87 371
158 425
105 189

Estimated living cost  is ₽43739 per week

₽28380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4114
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.
₽10688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65677
₽92917
₽82611
₽91966
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
74 887
income
-
-
-
28 344
total
-
-
-
103 231
Employee
43 486
-
174 141
-
income
9 045
-
59 365
-
social contributions
4 784
-
19 156
-
surtax
-
-
285
-
total
13 829
-
78 806
-
Employer
43 486
-
174 141
-
social contributions
10 328
-
41 359
-
total
10 328
-
41 359
-
Corporate
161 686
215 500
-
-
surtax
-
-
-
-
income
33 953
45 256
-
-
total
33 953
45 256
-
-
Dividends
127 732
170 244
-
-
withholding
35 766
47 669
-
-
total
35 766
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 876
92 925
120 165
103 231
After tax
121 624
122 575
95 335
112 269
Living cost
29 658
29 658
29 658
29 658
Free-cash
91 966
92 917
65 677
82 611

Estimated living cost  is ₽29658 per week

₽22190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65529
₽62944
₽72016
₽69444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions
-
-
-
6 140
health
-
-
-
10 640
income
-
-
-
40 597
pensions
-
-
-
33 760
other
-
-
-
6 680
total
-
-
-
97 817
Employee
59 220
-
164 251
-
pensions
6 698
-
12 470
-
income
5 167
-
35 910
-
social contributions
1 687
-
4 681
-
surtax
-
-
-
-
total
13 552
-
53 061
-
Employer
59 220
-
164 251
-
unemployment
2 399
-
6 651
-
health
4 145
-
16 439
-
other
2 044
-
6 855
-
pensions
9 730
-
20 805
-
social contributions
178
-
493
-
total
18 496
-
51 243
-
Corporate
137 785
215 500
-
-
surtax
-
-
-
-
income
38 579
60 340
-
-
total
38 579
60 340
-
-
Dividends
99 206
155 160
-
-
surtax
-
-
-
-
withholding
12 698
19 861
-
-
social contributions
17 064
26 688
-
-
total
29 762
46 549
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 389
106 889
104 304
97 817
After tax
115 111
108 611
111 196
117 683
Living cost
45 667
45 667
45 667
45 667
Free-cash
69 444
62 944
65 529
72 016

Estimated living cost  is ₽45667 per week

₽30907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134326
₽165528
₽128602
₽162350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
47 409
income
-
-
-
11 067
total
-
-
-
58 476
Employee
30 397
-
186 580
-
social contributions
1 976
-
12 128
-
income
-
-
11 704
-
total
1 976
-
23 832
-
Employer
30 397
-
186 580
-
social contributions
4 712
-
28 920
-
total
4 712
-
28 920
-
Corporate
180 391
215 500
-
-
income
18 040
21 550
-
-
total
18 040
21 550
-
-
Dividends
162 351
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 728
21 550
52 752
58 476
After tax
190 772
193 950
162 748
157 024
Living cost
28 422
28 422
28 422
28 422
Free-cash
162 350
165 528
134 326
128 602

Estimated living cost  is ₽28422 per week

₽18377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9882
₽9882
₽78800
₽5627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
labour market
-
-
-
17 175
national
-
-
-
26 904
pensions
-
-
-
818
municipal
-
-
-
46 353
total
-
-
-
91 250
Employee
191 835
191 835
191 835
-
labour market
15 325
15 325
15 325
-
pensions
273
273
273
-
municipal
40 850
40 850
40 850
-
national
23 436
23 436
23 436
-
total
79 884
79 884
79 884
-
Employer
191 835
191 835
191 835
-
municipal
40 915
40 915
40 915
-
labour market
15 347
15 347
15 347
-
pensions
545
545
545
-
national
23 477
23 477
23 477
-
total
80 284
80 284
80 284
-
Corporate
9 882
-
-
-
income
2 174
-
-
-
total
2 174
-
-
-
Dividends
7 708
-
-
-
withholding
2 081
-
-
-
total
2 081
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
164 423
160 168
160 168
91 250
After tax
51 077
55 332
55 332
124 250
Living cost
45 450
45 450
45 450
45 450
Free-cash
5 627
9 882
9 882
78 800

Estimated living cost  is ₽45450 per week

₽31107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98289
-₽3032
₽126652
₽14314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
2 061
income
-
-
-
61 777
pensions
-
-
-
3 933
accident
-
-
-
239
other
-
-
-
350
total
-
-
-
68 360
Employee
32 229
-
196 971
-
pensions
3 629
-
7 211
-
health
3 690
-
22 553
-
income
4 421
-
48 430
-
total
11 740
-
78 194
-
Employer
32 229
-
196 971
-
accident
538
-
3 289
-
unemployment
790
-
4 826
-
pensions
5 240
-
10 414
-
total
6 568
-
18 529
-
Corporate
176 703
215 500
-
-
income

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

159 033
193 950
-
-
total
159 033
193 950
-
-
Dividends
17 670
21 550
-
-
withholding
3 357
4 094
-
-
total
3 357
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 698
198 044
96 723
68 360
After tax
34 802
17 456
118 777
147 140
Living cost
20 488
20 488
20 488
20 488
Free-cash
14 314
-3 032
98 289
126 652

Estimated living cost  is ₽20488 per week

₽14913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70897
₽95694
₽95583
₽98616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 925
national
-
-
-
42 428
municipal
-
-
-
38 263
total
-
-
-
83 616
Employee
49 746
-
181 290
-
pensions
3 357
-
12 237
-
municipal
8 148
-
29 509
-
health
371
-
2 397
-
national
822
-
27 229
-
unemployment
746
-
2 720
-
total
13 444
-
74 092
-
Employer
49 746
-
181 290
-
accident
50
-
181
-
unemployment
323
-
1 179
-
health
382
-
1 396
-
pensions
8 631
-
31 454
-
total
9 386
-
34 210
-
Corporate
156 368
215 500
-
-
income
31 273
43 101
-
-
total
31 273
43 101
-
-
Dividends

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

93 822
129 299
-
-
municipal
16 888
23 274
-
-
national
9 592
17 130
-
-
total
26 480
40 404
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 583
83 505
108 302
83 616
After tax
134 917
131 995
107 198
131 884
Living cost
36 301
36 301
36 301
36 301
Free-cash
98 616
95 694
70 897
95 583

Estimated living cost  is ₽36301 per week

₽23712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121190
₽135159
₽122951
₽130014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
15 298
health
-
-
-
5 496
income
-
-
-
49 864
total
-
-
-
70 658
Employee
72 706
72 706
203 595
-
health
563
1 236
3 461
-
income
7 916
6 730
48 914
-
social contributions
2 749
6 034
8 139
-
total
11 228
14 000
60 514
-
Employer
72 706
72 706
203 595
-
health
612
1 346
3 766
-
social contributions
2 749
6 034
8 139
-
total
3 361
7 380
11 905
-
Corporate
179 019
135 414
-
-
income
22 377
16 927
-
-
total
22 377
16 927
-
-
Dividends
156 643
118 487
-
-
withholding
26 629
20 143
-
-
total
26 629
20 143
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 595
58 450
72 419
70 658
After tax
151 905
157 050
143 081
144 842
Living cost
21 891
21 891
21 891
21 891
Free-cash
130 014
135 159
121 190
122 951

Estimated living cost  is ₽21891 per week

₽13120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149730
₽163444
₽168695
₽158632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
215 500
health
-
-
-
3 422
income
-
-
-
22 330
pensions
-
-
-
6 014
unemployment
-
-
-
27
total
-
-
-
31 793
Employee

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

21 703
-
206 259
-
pensions
3 255
-
13 457
-
health
1 845
-
7 626
-
income
1 484
-
19 985
-
unemployment
108
-
449
-
total
6 692
-
41 517
-
Employer

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

21 703
-
206 259
-
unemployment
108
-
449
-
health
933
-
3 858
-
pensions
1 193
-
4 934
-
total
2 234
-
9 241
-
Corporate
191 563
215 500
-
-
income
17 241
19 395
-
-
total
17 241
19 395
-
-
Dividends
174 322
196 105
-
-
withholding
15 689
17 649
-
-
total
15 689
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 856
37 044
50 758
31 793
After tax
173 644
178 456
164 742
183 707
Living cost
15 012
15 012
15 012
15 012
Free-cash
158 632
163 444
149 730
168 695

Estimated living cost  is ₽15012 per week

₽9578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90422
₽117055
₽94389
₽112878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 818
pensions
-
-
-
24 801
unemployment
-
-
-
614
accident
-
-
-
789
other
-
-
-
88
total
-
-
-
95 110
Employee
34 961
-
187 561
-
pensions
1 644
-
4 120
-
other
34
-
88
-
income
6 740
-
65 572
-
unemployment
542
-
1 358
-
total
8 960
-
71 138
-
Employer
34 961
-
187 561
-
accident
693
-
1 735
-
unemployment
1 923
-
4 819
-
other
280
-
702
-
pensions
8 250
-
20 683
-
total
11 146
-
27 939
-
Corporate
169 392
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.

25 409
32 324
-
-
total
25 409
32 324
-
-
Dividends
143 983
183 176
-
-
withholding
31 106
40 120
-
-
total
31 106
40 120
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 621
72 444
99 077
95 110
After tax
138 879
143 056
116 423
120 390
Living cost
26 001
26 001
26 001
26 001
Free-cash
112 878
117 055
90 422
94 389

Estimated living cost  is ₽26001 per week

₽17550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137354
₽132831
₽137470
₽132562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
868
income
-
-
-
74 324
pensions
-
-
-
1 197
total
-
-
-
76 389
Employee
2 499
-
214 154
-
pensions
225
-
539
-
health
125
-
299
-
income
483
-
74 261
-
unemployment
25
-
60
-
total
858
-
75 159
-
Employer
2 499
-
214 154
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
212 439
215 500
-
-
income
46 737
47 410
-
-
total
46 737
47 410
-
-
Dividends
165 702
168 090
-
-
withholding
33 140
33 618
-
-
total
33 140
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 297
81 028
76 505
76 389
After tax
134 203
134 472
138 995
139 111
Living cost
1 641
1 641
1 641
1 641
Free-cash
132 562
132 831
137 354
137 470

Estimated living cost  is ₽1641 per week

₽975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122868
₽139371
₽122866
₽134724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
health
-
-
-
7 187
income
-
-
-
49 931
pensions
-
-
-
18 141
unemployment
-
-
-
1 047
total
-
-
-
76 306
Employee

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

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

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

24 621
-
203 010
-
pensions
3 447
-
9 768
-
health
1 268
-
3 593
-
income
3 394
-
49 931
-
unemployment
185
-
523
-
total
8 294
-
63 815
-
Employer

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

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

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

24 621
-
203 010
-
unemployment
185
-
523
-
health
1 268
-
3 593
-
pensions
2 955
-
8 373
-
total
4 408
-
12 489
-
Corporate
186 472
215 500
-
-
income
27 971
32 325
-
-
total
27 971
32 325
-
-
Dividends
158 501
183 175
-
-
withholding
23 775
27 476
-
-
total
23 775
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 448
59 801
76 304
76 306
After tax
151 052
155 699
139 196
139 194
Living cost
16 328
16 328
16 328
16 328
Free-cash
134 724
139 371
122 868
122 866

Estimated living cost  is ₽16328 per week

₽10994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69845
₽97085
₽86779
₽96746
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
74 887
income
-
-
-
28 344
total
-
-
-
103 231
Employee
36 698
-
174 141
-
income
7 170
-
59 365
-
social contributions
4 037
-
19 156
-
surtax
-
-
285
-
total
11 207
-
78 806
-
Employer
36 698
-
174 141
-
social contributions
8 715
-
41 359
-
total
8 715
-
41 359
-
Corporate
170 087
215 500
-
-
surtax
-
-
-
-
income
35 719
45 256
-
-
total
35 719
45 256
-
-
Dividends
134 368
170 244
-
-
withholding
37 623
47 669
-
-
total
37 623
47 669
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 264
92 925
120 165
103 231
After tax
122 236
122 575
95 335
112 269
Living cost
25 490
25 490
25 490
25 490
Free-cash
96 746
97 085
69 845
86 779

Estimated living cost  is ₽25490 per week

₽18054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83193
₽109826
₽87160
₽103637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 818
pensions
-
-
-
24 801
unemployment
-
-
-
614
accident
-
-
-
789
other
-
-
-
88
total
-
-
-
95 110
Employee
45 664
-
187 561
-
pensions
2 146
-
4 120
-
other
45
-
88
-
income
9 538
-
65 572
-
unemployment
707
-
1 358
-
total
12 436
-
71 138
-
Employer
45 664
-
187 561
-
accident
904
-
1 735
-
unemployment
2 512
-
4 819
-
other
366
-
702
-
pensions
10 777
-
20 683
-
total
14 559
-
27 939
-
Corporate
155 277
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.

23 292
32 324
-
-
total
23 292
32 324
-
-
Dividends
131 985
183 176
-
-
withholding
28 346
40 120
-
-
total
28 346
40 120
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 633
72 444
99 077
95 110
After tax
136 867
143 056
116 423
120 390
Living cost
33 230
33 230
33 230
33 230
Free-cash
103 637
109 826
83 193
87 160

Estimated living cost  is ₽33230 per week

₽23864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141377
₽152440
₽134118
₽141170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
7 428
income
-
-
-
32 324
pensions

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

-
-
-
9 560
unemployment
-
-
-
258
total
-
-
-
49 570
Employee
42 123
-
202 827
-
pensions

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

3 698
-
5 672
-
accident

We are using the highest rate at 1.1%.

463
-
711
-
health
1 938
-
2 971
-
income
4 213
-
20 283
-
total
10 312
-
29 637
-
Employer
42 123
-
202 827
-
accident

We are using the highest rate at 1.1%.

463
-
711
-
unemployment
253
-
388
-
health
2 907
-
4 457
-
pensions

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

4 642
-
7 118
-
total
8 265
-
12 674
-
Corporate
165 112
215 500
-
-
income
16 511
21 550
-
-
total
16 511
21 550
-
-
Dividends
148 601
193 950
-
-
withholding
7 430
9 698
-
-
total
7 430
9 698
-
-
Income
215 500
215 500
215 500
215 500
Total tax
42 518
31 248
42 311
49 570
After tax
172 982
184 252
173 189
165 930
Living cost
31 812
31 812
31 812
31 812
Free-cash
141 170
152 440
141 377
134 118

Estimated living cost  is ₽31812 per week

₽21040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96534
₽74322
₽71918
₽86689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
3 962
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.

-
-
-
6 459
trade
-
-
-
24 616
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.

-
-
-
72 041
total
-
-
-
107 078
Employee

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

47 045
-
215 500
-
health

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

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

6 459
-
6 459
-
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.

3 869
-
72 041
-
surtax

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

214
-
3 962
-
total
10 542
-
82 462
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 455
215 500
-
-
trade
24 173
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.

1 391
1 778
-
-
chamber of commerce
391
459
-
-
income
25 269
32 324
-
-
total
51 224
65 486
-
-
Dividends
117 231
150 014
-
-
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.

1 592
2 044
-
-
withholding
28 949
37 144
-
-
total
30 541
39 188
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 307
104 674
82 462
107 078
After tax
123 193
110 826
133 038
108 422
Living cost
36 504
36 504
36 504
36 504
Free-cash
86 689
74 322
96 534
71 918

Estimated living cost  is ₽36504 per week

₽25181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53980
₽96988
₽53980
₽99076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
37 087
income
-
-
-
70 572
total
-
-
-
107 659
Employee
73 961
-
215 500
-
social contributions
6 145
-
37 087
-
income
13 956
-
70 572
-
total
20 101
-
107 659
-
Employer
73 961
-
215 500
-
total
-
-
-
-
Corporate
141 539
215 500
-
-
income
17 692
26 938
-
-
total
17 692
26 938
-
-
Dividends
123 848
188 562
-
-
withholding
24 770
37 713
-
-
total
24 770
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 563
64 651
107 659
107 659
After tax
152 937
150 849
107 841
107 841
Living cost
53 861
53 861
53 861
53 861
Free-cash
99 076
96 988
53 980
53 980

Estimated living cost  is ₽53861 per week

₽40976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115916
₽100757
₽142993
₽104062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
215 500
health

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

-
-
-
5 860
income
-
-
-
32 324
total
-
-
-
38 184
Employee
43 375
-
211 151
-
social contributions
4 346
-
4 349
-
income
4 706
-
56 563
-
total
9 052
-
60 912
-
Employer
43 375
-
211 151
-
social contributions
4 346
-
4 349
-
total
4 346
-
4 349
-
Corporate
167 779
215 500
-
-
income
58 722
75 425
-
-
total
58 722
75 425
-
-
Dividends
109 058
140 075
-
-
social contributions
4 995
4 995
-
-
total
4 995
4 995
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 115
80 420
65 261
38 184
After tax
138 385
135 080
150 239
177 316
Living cost
34 323
34 323
34 323
34 323
Free-cash
104 062
100 757
115 916
142 993

Estimated living cost  is ₽34323 per week

₽22608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84723
₽100557
₽103963
₽106192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
66 677
pensions
-
-
-
9 518
total
-
-
-
76 195
Employee
48 512
-
187 809
-
pensions
3 703
-
11 358
-
health
633
-
2 536
-
income
8 834
-
53 849
-
total
13 170
-
67 743
-
Employer
48 512
-
187 809
-
health
922
-
3 569
-
pensions
4 901
-
24 123
-
total
5 823
-
27 692
-
Corporate
161 165
215 500
-
-
income

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

30 621
40 945
-
-
total
30 621
40 945
-
-
Dividends
130 544
174 555
-
-
withholding
24 352
38 656
-
-
total
24 352
38 656
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 966
79 601
95 435
76 195
After tax
141 534
135 899
120 065
139 305
Living cost
35 342
35 342
35 342
35 342
Free-cash
106 192
100 557
84 723
103 963

Estimated living cost  is ₽35342 per week

₽24244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3250
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.
₽7403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96260
-₽5061
₽124624
₽14003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
health
-
-
-
2 061
income
-
-
-
61 777
pensions
-
-
-
3 933
accident
-
-
-
239
other
-
-
-
350
total
-
-
-
68 360
Employee
35 419
-
196 971
-
pensions
3 988
-
7 211
-
health
4 055
-
22 553
-
income
4 859
-
48 430
-
total
12 902
-
78 194
-
Employer
35 419
-
196 971
-
accident
591
-
3 289
-
unemployment
868
-
4 826
-
pensions
5 759
-
10 414
-
total
7 218
-
18 529
-
Corporate
172 863
215 500
-
-
income

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

155 576
193 950
-
-
total
155 576
193 950
-
-
Dividends
17 286
21 550
-
-
withholding
3 284
4 094
-
-
total
3 284
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
178 980
198 044
96 723
68 360
After tax
36 520
17 456
118 777
147 140
Living cost
22 516
22 516
22 516
22 516
Free-cash
14 003
-5 061
96 260
124 624

Estimated living cost  is ₽22516 per week

₽16525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145660
₽152084
₽124866
₽149223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
756
income
-
-
-
36 271
pensions
-
-
-
27 827
unemployment
-
-
-
1 815
health insurance
-
-
-
11 191
total
-
-
-
77 860
Employee

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

20 438
-
215 500
-
pensions
3 761
-
13 914
-
health insurance
1 512
-
5 596
-
income
2 044
-
36 271
-
work injury
102
-
378
-
unemployment
245
-
907
-
total
7 664
-
57 066
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 062
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%.

19 506
21 550
-
-
total
19 506
21 550
-
-
Dividends
175 556
193 950
-
-
withholding
26 333
29 092
-
-
total
26 333
29 092
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 503
50 642
57 066
77 860
After tax
161 997
164 858
158 434
137 640
Living cost
12 774
12 774
12 774
12 774
Free-cash
149 223
152 084
145 660
124 866

Estimated living cost  is ₽12774 per week

₽7914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55883
₽75843
₽63650
₽71543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
47 323
national
-
-
-
60 061
regional
-
-
-
5 285
municipal
-
-
-
1 514
total
-
-
-
114 183
Employee
79 675
-
215 500
-
municipal
475
-
1 382
-
national
13 464
-
53 732
-
regional
1 203
-
4 795
-
social contributions
26 866
-
62 041
-
total
42 008
-
121 950
-
Employer
79 675
-
215 500
-
total
-
-
-
-
Corporate
135 825
215 500
-
-
nationa
32 599
51 721
-
-
municipal
6 547
10 387
-
-
total
39 146
62 108
-
-
Dividends
96 679
153 392
-
-
withholding
25 136
39 882
-
-
total
25 136
39 882
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 290
101 990
121 950
114 183
After tax
109 210
113 510
93 550
101 317
Living cost
37 667
37 667
37 667
37 667
Free-cash
71 543
75 843
55 883
63 650

Estimated living cost  is ₽37667 per week

₽26459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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