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
₽90939
₽80779
₽104842
₽77626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
27 216
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.

-
-
-
72 569
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.

-
-
-
6 275
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.

-
-
-
3 992
total
-
-
-
110 052
Employee

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

35 133
-
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.

54
-
3 992
-
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.

6 275
-
6 275
-
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.

981
-
72 569
-
total
7 310
-
82 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 367
215 500
-
-
trade
28 408
33 941
-
-
income
27 055
32 325
-
-
surtax

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

1 489
1 778
-
-
chamber of commerce
399
450
-
-
total
57 351
68 494
-
-
Dividends
123 016
147 007
-
-
withholding
30 406
36 402
-
-
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.

1 672
2 003
-
-
total
32 078
38 405
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 739
106 899
82 836
110 052
After tax
118 761
108 601
132 664
105 448
Living cost
27 822
27 822
27 822
27 822
Free-cash
90 939
80 779
104 842
77 626

Estimated living cost  is ₽27822 per week

₽17501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85059
₽85867
₽75328
₽74171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
2 317
pensions
-
-
-
25 860
municipal
-
-
-
23 938
national
-
-
-
40 609
total
-
-
-
92 724
Employee
75 347
-
186 298
-
national
14 421
-
42 436
-
municipal
9 307
-
24 772
-
pensions
3 014
-
7 452
-
total
26 742
-
74 660
-
Employer
75 347
-
186 298
-
pensions
6 028
-
14 904
-
social contributions
810
-
2 003
-
total
6 838
-
16 907
-
Corporate
128 342
215 500
-
-
income

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

25 668
43 100
-
-
total
25 668
43 100
-
-
Dividends
102 674
172 400
-
-
withholding
22 588
37 928
-
-
total
22 588
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 836
81 028
91 567
92 724
After tax
133 664
134 472
123 933
122 776
Living cost
48 605
48 605
48 605
48 605
Free-cash
85 059
85 867
75 328
74 171

Estimated living cost  is ₽48605 per week

₽33036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽727
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145755
₽153289
₽75051
₽59870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
social contributions

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

-
-
-
35 194
income
-
-
-
46 374
microenterprise
-
-
-
-
surtax
-
-
-
54 952
total
-
-
-
136 520
Employee
26 841
-
170 386
-
surtax
-
-
24 705
-
social contributions

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

2 953
-
12 042
-
income
4 778
-
39 478
-
total
7 731
-
76 225
-
Employer
26 841
-
170 386
-
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.

6 465
-
26 372
-
surtax
-
-
18 742
-
total
6 465
-
45 114
-
Corporate
182 194
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%.

36 439
43 101
-
-
total
36 439
43 101
-
-
Dividends

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

145 755
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 635
43 101
121 339
136 520
After tax
164 865
172 399
94 161
78 980
Living cost
19 110
19 110
19 110
19 110
Free-cash
145 755
153 289
75 051
59 870

Estimated living cost  is ₽19110 per week

₽12191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1820
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.
₽4665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63384
₽69011
₽99327
₽76757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 174
pensions
-
-
-
10 762
health
-
-
-
11 327
total
-
-
-
100 263
Employee
78 441
78 441
198 429
-
health
12 040
10 241
11 327
-
pensions
14 119
10 762
10 762
-
income

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

12 840
12 840
38 533
-
total
38 999
33 843
60 622
-
Employer
78 441
78 441
198 429
-
pensions
5 460
5 460
6 786
-
unemployment
2 824
2 824
3 509
-
health
5 453
5 453
6 776
-
total
13 737
13 737
17 071
-
Corporate
124 285
123 323
-
-
income
24 857
24 665
-
-
total
24 857
24 665
-
-
Dividends
99 428
98 658
-
-
withholding
14 914
14 799
-
-
income
21 129
20 965
-
-
total
36 043
35 764
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 636
108 009
77 693
100 263
After tax
101 864
107 491
137 807
115 237
Living cost
38 480
38 480
38 480
38 480
Free-cash
63 384
69 011
99 327
76 757

Estimated living cost  is ₽38480 per week

₽27270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
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.
₽7129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78090
₽78959
₽68261
₽69199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
9 857
unemployment
-
-
-
85
pensions
-
-
-
9 170
municipal
-
-
-
56 934
accident
-
-
-
170
national
-
-
-
26 088
health
-
-
-
5 293
total
-
-
-
107 597
Employee
55 149
-
188 848
-
national
-
-
25 568
-
municipal
16 446
-
56 314
-
total
16 446
-
81 882
-
Employer
55 149
-
188 848
-
other
6 408
-
9 857
-
accident
110
-
170
-
pensions
5 962
-
9 170
-
unemployment
1 456
-
2 239
-
health
3 392
-
5 217
-
total
17 328
-
26 653
-
Corporate
143 023
215 500
-
-
income
31 465
47 410
-
-
total
31 465
47 410
-
-
Dividends
111 558
168 090
-
-
withholding
33 467
50 427
-
-
total
33 467
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 706
97 837
108 535
107 597
After tax
116 794
117 663
106 965
107 903
Living cost
38 704
38 704
38 704
38 704
Free-cash
78 090
78 959
68 261
69 199

Estimated living cost  is ₽38704 per week

₽25651
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.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84317
₽71409
₽96579
₽68154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
28 425
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.

-
-
-
72 569
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.

-
-
-
6 275
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.

-
-
-
3 992
total
-
-
-
111 261
Employee

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

46 582
-
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.

220
-
3 992
-
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.

6 275
-
6 275
-
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.

4 002
-
72 569
-
total
10 497
-
82 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 918
215 500
-
-
trade
27 787
35 450
-
-
income
25 338
32 325
-
-
surtax

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

1 393
1 778
-
-
chamber of commerce
380
446
-
-
total
54 898
69 999
-
-
Dividends
114 020
145 501
-
-
withholding
28 155
36 025
-
-
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.

1 548
1 982
-
-
total
29 703
38 007
-
-
Income
215 500
215 500
215 500
215 500
Total tax
95 098
108 006
82 836
111 261
After tax
120 402
107 494
132 664
104 239
Living cost
36 085
36 085
36 085
36 085
Free-cash
84 317
71 409
96 579
68 154

Estimated living cost  is ₽36085 per week

₽24134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123433
₽127242
₽113062
₽114812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
income
-
-
-
50 537
health
-
-
-
5 496
total
-
-
-
70 895
Employee
70 633
70 633
203 823
-
health
702
1 201
3 465
-
social contributions
3 432
5 862
7 907
-
income
7 417
6 539
49 596
-
total
11 551
13 602
60 968
-
Employer
70 633
70 633
203 823
-
social contributions
3 432
5 862
7 907
-
health
765
1 307
3 770
-
total
4 197
7 169
11 677
-
Corporate
169 957
137 698
-
-
income
21 245
17 212
-
-
total
21 245
17 212
-
-
Dividends
148 712
120 486
-
-
withholding
25 281
20 482
-
-
total
25 281
20 482
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 274
58 465
72 645
70 895
After tax
153 226
157 035
142 855
144 605
Living cost
29 793
29 793
29 793
29 793
Free-cash
123 433
127 242
113 062
114 812

Estimated living cost  is ₽29793 per week

₽20367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103828
₽103462
₽107430
₽131790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 259
10 053
180 335
-
unemployment
379
151
2 705
-
health
1 768
704
12 623
-
pensions
2 526
1 005
18 033
-
income
3 088
1 229
22 046
-
total
7 761
3 089
55 407
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 259
10 053
180 335
-
pensions
4 925
1 960
35 165
-
total
4 925
1 960
35 165
-
Corporate
185 316
203 487
-
-
income
16 678
18 314
-
-
total
16 678
18 314
-
-
Dividends
168 637
185 173
-
-
withholding
32 041
35 183
-
-
social contributions
32 769
35 994
-
-
total
64 810
71 177
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 174
94 540
90 572
66 212
After tax
121 326
120 960
124 928
149 288
Living cost
17 498
17 498
17 498
17 498
Free-cash
103 828
103 462
107 430
131 790

Estimated living cost  is ₽17498 per week

₽11941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144506
₽150212
₽102026
₽93321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
28 877
pensions
-
-
-
43 099
health
-
-
-
28 016
total
-
-
-
99 992
Employee
26 058
-
161 060
-
unemployment
417
-
2 576
-
pensions
521
-
3 221
-
income
2 934
-
31 052
-
total
3 872
-
36 849
-
Employer
26 058
-
161 060
-
pensions
5 212
-
32 211
-
unemployment
209
-
1 288
-
health
3 387
-
20 939
-
total
8 808
-
54 438
-
Corporate
180 634
215 500
-
-
income
36 127
43 101
-
-
total
36 127
43 101
-
-
Dividends
144 507
172 399
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 807
43 101
91 287
99 992
After tax
166 693
172 399
124 213
115 508
Living cost
22 187
22 187
22 187
22 187
Free-cash
144 506
150 212
102 026
93 321

Estimated living cost  is ₽22187 per week

₽15218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14295
-₽3156
₽98217
₽126523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
347
income
-
-
-
61 840
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
68 365
Employee
32 424
-
197 059
-
health
3 713
-
22 563
-
pensions
3 651
-
7 148
-
income
4 448
-
48 519
-
total
11 812
-
78 230
-
Employer
32 424
-
197 059
-
accident
541
-
3 291
-
pensions
5 272
-
10 322
-
unemployment
794
-
4 828
-
total
6 607
-
18 441
-
Corporate
176 468
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.

158 821
193 950
-
-
total
158 821
193 950
-
-
Dividends
17 647
21 550
-
-
withholding
3 353
4 094
-
-
total
3 353
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 593
198 044
96 671
68 365
After tax
34 907
17 456
118 829
147 135
Living cost
20 612
20 612
20 612
20 612
Free-cash
14 295
-3 156
98 217
126 523

Estimated living cost  is ₽20612 per week

₽15107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195781
₽197193
₽164868
₽205813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
9 415
-
215 500
-
income
1 883
-
43 100
-
total
1 883
-
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%.

206 085
215 500
-
-
total
-
-
-
-
Dividends
206 085
215 500
-
-
withholding
10 304
10 775
-
-
total
10 304
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 187
10 775
43 100
2 155
After tax
203 313
204 725
172 400
213 345
Living cost
7 532
7 532
7 532
7 532
Free-cash
195 781
197 193
164 868
205 813

Estimated living cost  is ₽7532 per week

₽4668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127649
₽133851
₽104547
₽106308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 634
income
-
-
-
38 412
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.

-
-
-
33 524
health
-
-
-
6 146
total
-
-
-
84 716
Employee
33 352
-
179 978
-
unemployment
333
-
1 396
-
health
467
-
1 956
-
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.

2 334
-
9 777
-
income
5 742
-
37 826
-
total
8 876
-
50 955
-
Employer
33 352
-
179 978
-
other
1 668
-
6 983
-
accident
267
-
1 440
-
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.

5 670
-
23 747
-
unemployment
333
-
1 396
-
health
467
-
1 956
-
total
8 405
-
35 522
-
Corporate
173 743
215 500
-
-
income
36 486
45 255
-
-
total
36 486
45 255
-
-
Dividends
137 257
170 245
-
-
withholding
9 608
11 918
-
-
total
9 608
11 918
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 375
57 173
86 477
84 716
After tax
152 125
158 327
129 023
130 784
Living cost
24 476
24 476
24 476
24 476
Free-cash
127 649
133 851
104 547
106 308

Estimated living cost  is ₽24476 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81786
₽74501
₽58983
₽78178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 551
pensions
-
-
-
9 262
total
-
-
-
76 813
Employee
85 611
-
187 732
-
health
1 411
-
2 503
-
pensions
8 259
-
10 983
-
income
15 432
-
54 753
-
total
25 102
-
68 239
-
Employer
85 611
-
187 732
-
pensions
10 108
-
24 202
-
health
1 626
-
3 567
-
total
11 734
-
27 769
-
Corporate
118 155
215 500
-
-
income

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

22 450
40 945
-
-
total
22 450
40 945
-
-
Dividends
95 705
174 555
-
-
withholding
13 919
39 545
-
-
total
13 919
39 545
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 205
80 490
96 008
76 813
After tax
142 295
135 010
119 492
138 687
Living cost
60 509
60 509
60 509
60 509
Free-cash
81 786
74 501
58 983
78 178

Estimated living cost  is ₽60509 per week

₽45340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7109
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.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167834
₽172129
₽171446
₽162428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
129
income
-
-
-
32 325
pensions

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

-
-
-
4 780
health
-
-
-
3 714
total
-
-
-
40 948
Employee
16 054
-
209 163
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
health
738
-
1 486
-
pensions

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

1 410
-
2 836
-
income
1 605
-
20 916
-
total
3 930
-
25 593
-
Employer
16 054
-
209 163
-
accident

We are using the highest rate at 1.1%.

177
-
355
-
pensions

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

1 769
-
3 559
-
unemployment
96
-
194
-
health
1 108
-
2 229
-
total
3 150
-
6 337
-
Corporate
196 296
215 500
-
-
income
19 629
21 550
-
-
total
19 629
21 550
-
-
Dividends
176 667
193 950
-
-
withholding
8 833
9 697
-
-
total
8 833
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 542
31 247
31 930
40 948
After tax
179 958
184 253
183 570
174 552
Living cost
12 124
12 124
12 124
12 124
Free-cash
167 834
172 129
171 446
162 428

Estimated living cost  is ₽12124 per week

₽7078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58869
₽56556
₽86872
₽64302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
78 174
pensions
-
-
-
10 762
health
-
-
-
11 327
total
-
-
-
100 263
Employee
85 162
78 441
198 429
-
health
10 624
10 241
11 327
-
pensions
10 762
10 762
10 762
-
income

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

12 840
12 840
38 533
-
total
34 226
33 843
60 622
-
Employer
85 162
78 441
198 429
-
pensions
5 927
5 460
6 786
-
unemployment
3 066
2 824
3 509
-
health
5 918
5 453
6 776
-
total
14 911
13 737
17 071
-
Corporate
115 427
123 323
-
-
income
23 086
24 665
-
-
total
23 086
24 665
-
-
Dividends
92 341
98 658
-
-
withholding
13 851
14 799
-
-
income
19 622
20 965
-
-
total
33 473
35 764
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 696
108 009
77 693
100 263
After tax
109 804
107 491
137 807
115 237
Living cost
50 935
50 935
50 935
50 935
Free-cash
58 869
56 556
86 872
64 302

Estimated living cost  is ₽50935 per week

₽37573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117311
₽125479
₽95219
₽104708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 942
income
-
-
-
23 020
health
-
-
-
29 092
solidarity contribution
-
-
-
2 845
total
-
-
-
87 899
Employee
33 666
-
171 831
-
solidarity contribution
-
-
1 994
-
health
4 545
-
23 197
-
social contributions
2 188
-
7 333
-
income
4 040
-
21 195
-
total
10 773
-
53 719
-
Employer
33 666
-
171 831
-
social contributions
8 417
-
28 204
-
health
3 030
-
15 465
-
total
11 447
-
43 669
-
Corporate
170 387
215 500
-
-
income
32 374
40 945
-
-
total
32 374
40 945
-
-
Dividends
138 014
174 555
-
-
withholding
20 702
26 183
-
-
total
20 702
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 296
67 128
97 388
87 899
After tax
140 204
148 372
118 112
127 601
Living cost
22 893
22 893
22 893
22 893
Free-cash
117 311
125 479
95 219
104 708

Estimated living cost  is ₽22893 per week

₽15902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71421
₽76218
₽57866
₽65653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
2 767
social contributions
-
-
-
45 973
municipal
-
-
-
1 356
national
-
-
-
60 991
total
-
-
-
111 087
Employee
81 636
-
215 500
-
national
14 146
-
54 843
-
regional
770
-
2 518
-
municipal
432
-
1 241
-
social contributions
27 528
-
60 272
-
total
42 876
-
118 874
-
Employer
81 636
-
215 500
-
total
-
-
-
-
Corporate
133 864
215 500
-
-
nationa
32 128
51 721
-
-
municipal
5 221
8 404
-
-
total
37 349
60 125
-
-
Dividends
96 516
155 376
-
-
withholding
25 094
40 397
-
-
total
25 094
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 319
100 522
118 874
111 087
After tax
110 181
114 978
96 626
104 413
Living cost
38 760
38 760
38 760
38 760
Free-cash
71 421
76 218
57 866
65 653

Estimated living cost  is ₽38760 per week

₽27019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112422
₽115280
₽75384
₽81000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
69 032
pensions
-
-
-
24 519
health
-
-
-
8 703
surtax
-
-
-
11 768
total
-
-
-
114 231
Employee
30 376
-
189 695
-
surtax
99
-
10 670
-
unemployment
2 114
-
8 533
-
other
-
-
-
-
health
776
-
3 125
-
pensions
2 026
-
8 177
-
income
5 092
-
63 537
-
total
10 107
-
94 042
-
Employer
30 376
-
189 695
-
other
-
-
-
-
pensions
4 049
-
16 342
-
unemployment
962
-
3 885
-
health
1 382
-
5 578
-
total
6 393
-
25 805
-
Corporate
178 730
215 500
-
-
income
46 470
56 030
-
-
total
46 470
56 030
-
-
Dividends
132 260
159 470
-
-
withholding
19 839
23 921
-
-
total
19 839
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 809
79 951
119 847
114 231
After tax
132 691
135 549
95 653
101 269
Living cost
20 269
20 269
20 269
20 269
Free-cash
112 422
115 280
75 384
81 000

Estimated living cost  is ₽20269 per week

₽12394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99649
₽93672
₽78154
₽97349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 551
pensions
-
-
-
9 262
total
-
-
-
76 813
Employee
57 374
-
187 732
-
health
833
-
2 503
-
pensions
4 870
-
10 983
-
income
10 333
-
54 753
-
total
16 036
-
68 239
-
Employer
57 374
-
187 732
-
pensions
6 211
-
24 202
-
health
1 090
-
3 567
-
total
7 301
-
27 769
-
Corporate
150 825
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.

28 657
40 945
-
-
total
28 657
40 945
-
-
Dividends
122 168
174 555
-
-
withholding
22 519
39 545
-
-
total
22 519
39 545
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 513
80 490
96 008
76 813
After tax
140 987
135 010
119 492
138 687
Living cost
41 338
41 338
41 338
41 338
Free-cash
99 649
93 672
78 154
97 349

Estimated living cost  is ₽41338 per week

₽30970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽55986
₽24161
₽88758
₽96731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other

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

-
-
-
4 310
city
-
-
-
2 272
regional
-
-
-
12 013
pensions
-
-
-
19 826
national
-
-
-
5 480
health
-
-
-
485
total
-
-
-
44 386
Employee
87 047
-
193 897
-
national
412
-
4 510
-
unemployment
-
-
-
-
city
934
-
2 096
-
regional
2 850
-
10 689
-
health
197
-
436
-
pensions
7 313
-
15 157
-
total
11 706
-
32 888
-
Employer
87 047
-
193 897
-
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.

1 740
-
3 878
-
pensions
7 313
-
15 157
-
unemployment
-
-
-
-
health
197
-
436
-
total
9 250
-
19 471
-
Corporate
118 245
215 500
-
-
regional
25 009
45 579
-
-
national
10 051
18 317
-
-
total
35 060
63 896
-
-
Dividends
83 185
151 604
-
-
withholding
29 115
53 060
-
-
total
29 115
53 060
-
-
Income
215 500
215 500
215 500
215 500
Total tax
85 131
116 956
52 359
44 386
After tax
130 369
98 544
163 141
171 114
Living cost
74 383
74 383
74 383
74 383
Free-cash
55 986
24 161
88 758
96 731

Estimated living cost  is ₽74383 per week

₽48370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽913
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79201
₽64304
₽90584
₽60951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
29 633
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.

-
-
-
72 569
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.

-
-
-
6 275
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.

-
-
-
3 992
total
-
-
-
112 469
Employee

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

55 204
-
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.

357
-
3 992
-
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.

6 275
-
6 275
-
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.

6 491
-
72 569
-
total
13 123
-
82 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 296
215 500
-
-
trade
27 491
36 958
-
-
income
24 045
32 325
-
-
surtax

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

1 323
1 778
-
-
chamber of commerce
364
443
-
-
total
53 223
71 504
-
-
Dividends
107 073
143 997
-
-
withholding
26 419
35 651
-
-
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.

1 454
1 961
-
-
total
27 873
37 612
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 219
109 116
82 836
112 469
After tax
121 281
106 384
132 664
103 031
Living cost
42 080
42 080
42 080
42 080
Free-cash
79 201
64 304
90 584
60 951

Estimated living cost  is ₽42080 per week

₽30733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
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.
₽7434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82609
₽77186
₽78856
₽85731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 139
income
-
-
-
41 427
pensions
-
-
-
33 308
health
-
-
-
10 788
surtax
-
-
-
-
total
-
-
-
98 342
Employee
39 313
-
163 990
-
surtax
-
-
-
-
pensions
4 445
-
12 561
-
social contributions
1 121
-
4 672
-
income
2 320
-
36 474
-
total
7 886
-
53 707
-
Employer
39 313
-
163 990
-
other
1 356
-
6 891
-
pensions
6 458
-
20 941
-
unemployment
1 591
-
6 641
-
social contributions
119
-
492
-
health
2 752
-
16 545
-
total
12 276
-
51 510
-
Corporate
163 910
215 500
-
-
income
45 895
60 340
-
-
surtax
-
-
-
-
total
45 895
60 340
-
-
Dividends
118 015
155 160
-
-
withholding
15 106
19 860
-
-
social contributions
20 301
26 687
-
-
surtax
-
-
-
-
total
35 407
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 464
106 887
105 217
98 342
After tax
114 036
108 613
110 283
117 158
Living cost
31 427
31 427
31 427
31 427
Free-cash
82 609
77 186
78 856
85 731

Estimated living cost  is ₽31427 per week

₽19816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
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.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85402
₽80300
₽81970
₽88845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 139
income
-
-
-
41 427
pensions
-
-
-
33 308
health
-
-
-
10 788
surtax
-
-
-
-
total
-
-
-
98 342
Employee
35 092
-
163 990
-
surtax
-
-
-
-
pensions
3 969
-
12 561
-
social contributions
1 001
-
4 672
-
income
1 809
-
36 474
-
total
6 779
-
53 707
-
Employer
35 092
-
163 990
-
other
1 211
-
6 891
-
pensions
5 766
-
20 941
-
unemployment
1 421
-
6 641
-
social contributions
105
-
492
-
health
2 456
-
16 545
-
total
10 959
-
51 510
-
Corporate
169 449
215 500
-
-
income
47 446
60 340
-
-
surtax
-
-
-
-
total
47 446
60 340
-
-
Dividends
122 002
155 160
-
-
withholding
15 617
19 860
-
-
social contributions
20 984
26 687
-
-
surtax
-
-
-
-
total
36 601
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 785
106 887
105 217
98 342
After tax
113 715
108 613
110 283
117 158
Living cost
28 313
28 313
28 313
28 313
Free-cash
85 402
80 300
81 970
88 845

Estimated living cost  is ₽28313 per week

₽16420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112471
₽111996
₽112893
₽118915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
29 740
income
-
-
-
32 325
health
-
-
-
15 042
total
-
-
-
77 107
Employee
31 145
-
215 500
-
health
2 174
-
15 042
-
social contributions
4 299
-
29 740
-
income
5 195
-
38 347
-
total
11 668
-
83 129
-
Employer
31 145
-
215 500
-
total
-
-
-
-
Corporate
184 355
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%.

9 218
10 774
-
-
total
9 218
10 774
-
-
Dividends
175 138
204 726
-
-
health
12 225
14 290
-
-
withholding
26 271
30 709
-
-
social contributions
24 169
28 253
-
-
total
62 665
73 252
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 551
84 026
83 129
77 107
After tax
131 949
131 474
132 371
138 393
Living cost
19 478
19 478
19 478
19 478
Free-cash
112 471
111 996
112 893
118 915

Estimated living cost  is ₽19478 per week

₽13035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84938
₽86358
₽23980
₽77887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
863
unemployment
-
-
-
5 634
income
-
-
-
70 508
pensions
-
-
-
19 853
health
-
-
-
8 208
surtax
-
-
-
181
total
-
-
-
105 247
Employee
45 905
36 606
179 189
-
unemployment
1 377
1 098
3 220
-
other
458
366
1 074
-
health
1 776
1 417
4 152
-
pensions
4 701
3 748
10 989
-
income
5 226
2 700
59 483
-
total
13 538
9 329
78 918
-
Employer
45 905
36 606
179 189
-
payroll
1 377
1 098
5 376
-
other
2 181
1 738
7 900
-
accident
596
476
1 395
-
pensions
5 761
4 595
13 467
-
unemployment
1 377
1 098
3 220
-
chamber of commerce
183
146
716
-
surtax
181
181
181
-
health
1 734
1 384
4 056
-
total
13 390
10 716
36 311
-
Corporate
156 204
168 177
175 702
-
income

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

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

39 051
42 044
43 925
-
total
39 051
42 044
43 925
-
Dividends
117 152
126 133
-
-
withholding
32 217
34 687
-
-
total
32 217
34 687
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 196
96 776
159 154
105 247
After tax
117 304
118 724
56 346
110 253
Living cost
32 366
32 366
32 366
32 366
Free-cash
84 938
86 358
23 980
77 887

Estimated living cost  is ₽32366 per week

₽21587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73143
₽84272
₽39384
₽60284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 901
national
-
-
-
87 268
communal

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

-
-
-
11 555
total
-
-
-
121 724
Employee

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

65 705
-
166 912
-
national
20 200
-
63 516
-
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.

572
-
1 452
-
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.

3 087
-
7 844
-
pensions

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

4 928
-
12 519
-
communal

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

3 427
-
8 705
-
total
32 214
-
94 036
-
Employer

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

65 705
-
166 912
-
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.

854
-
2 170
-
pensions

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

5 822
-
14 789
-
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.

959
-
2 437
-
surtax
7 450
-
18 927
-
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.

4 041
-
10 265
-
total
19 126
-
48 588
-
Corporate
130 669
215 500
-
-
income
26 133
46 807
-
-
surtax
523
936
-
-
total
26 656
47 743
-
-
Dividends
104 013
167 757
-
-
withholding

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

30 869
49 993
-
-
total
30 869
49 993
-
-
Income
215 500
215 500
215 500
215 500
Total tax
108 865
97 736
142 624
121 724
After tax
106 635
117 764
72 876
93 776
Living cost
33 492
33 492
33 492
33 492
Free-cash
73 143
84 272
39 384
60 284

Estimated living cost  is ₽33492 per week

₽21573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103533
₽109824
₽83309
₽87163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
596
income
-
-
-
69 622
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
95 164
Employee
45 724
-
188 358
-
unemployment
709
-
1 320
-
other
45
-
85
-
pensions
2 149
-
4 002
-
income
9 647
-
66 468
-
total
12 550
-
71 875
-
Employer
45 724
-
188 358
-
other
364
-
682
-
accident
905
-
1 686
-
pensions
10 790
-
20 093
-
unemployment
2 515
-
4 682
-
total
14 574
-
27 143
-
Corporate
155 202
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.

23 280
32 325
-
-
total
23 280
32 325
-
-
Dividends
131 922
183 175
-
-
withholding
28 390
40 178
-
-
total
28 390
40 178
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 794
72 503
99 018
95 164
After tax
136 706
142 997
116 482
120 336
Living cost
33 173
33 173
33 173
33 173
Free-cash
103 533
109 824
83 309
87 163

Estimated living cost  is ₽33173 per week

₽24428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58713
₽71346
₽59206
₽50616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
41 406
pensions
-
-
-
32 300
accident
-
-
-
1 816
communal
-
-
-
13 619
health
-
-
-
15 141
surtax
-
-
-
10 684
total
-
-
-
114 966
Employee
69 562
-
192 496
-
surtax
4 264
-
11 798
-
health
3 096
-
8 566
-
pensions
5 564
-
15 399
-
income
6 719
-
47 610
-
total
19 643
-
83 373
-
Employer
69 562
-
192 496
-
accident
626
-
1 733
-
pensions
5 564
-
15 399
-
health
2 121
-
5 871
-
total
8 311
-
23 003
-
Corporate
137 627
215 500
-
-
income
20 644
32 325
-
-
communal
9 289
14 546
-
-
surtax
1 445
2 263
-
-
total
31 378
49 134
-
-
Dividends
106 249
166 366
-
-
withholding
15 937
24 955
-
-
income
31 600
20 147
-
-
total
47 537
45 102
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 869
94 236
106 376
114 966
After tax
108 631
121 264
109 124
100 534
Living cost
49 918
49 918
49 918
49 918
Free-cash
58 713
71 346
59 206
50 616

Estimated living cost  is ₽49918 per week

₽37446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111995
₽114917
₽75021
₽80637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
-
unemployment
-
-
-
209
income
-
-
-
69 032
pensions
-
-
-
24 519
health
-
-
-
8 703
surtax
-
-
-
11 768
total
-
-
-
114 231
Employee
30 934
-
189 695
-
surtax
110
-
10 670
-
unemployment
2 153
-
8 533
-
other
-
-
-
-
health
790
-
3 125
-
pensions
2 064
-
8 177
-
income
5 186
-
63 537
-
total
10 303
-
94 042
-
Employer
30 934
-
189 695
-
other
-
-
-
-
pensions
4 124
-
16 342
-
unemployment
981
-
3 885
-
health
1 407
-
5 578
-
total
6 512
-
25 805
-
Corporate
178 054
215 500
-
-
income
46 294
56 030
-
-
total
46 294
56 030
-
-
Dividends
131 760
159 470
-
-
withholding
19 764
23 921
-
-
total
19 764
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 873
79 951
119 847
114 231
After tax
132 627
135 549
95 653
101 269
Living cost
20 632
20 632
20 632
20 632
Free-cash
111 995
114 917
75 021
80 637

Estimated living cost  is ₽20632 per week

₽12456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86488
₽88527
₽71249
₽78994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
3 442
social contributions
-
-
-
45 973
municipal
-
-
-
1 356
national
-
-
-
60 991
total
-
-
-
111 762
Employee
50 954
-
215 500
-
national
8 072
-
54 843
-
regional
686
-
3 151
-
municipal
270
-
1 241
-
social contributions
17 182
-
60 272
-
total
26 210
-
119 507
-
Employer
50 954
-
215 500
-
total
-
-
-
-
Corporate
164 546
215 500
-
-
nationa
39 491
51 721
-
-
municipal
8 179
10 710
-
-
total
47 670
62 431
-
-
Dividends
116 877
153 070
-
-
withholding
30 388
39 798
-
-
total
30 388
39 798
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 268
102 229
119 507
111 762
After tax
111 232
113 271
95 993
103 738
Living cost
24 744
24 744
24 744
24 744
Free-cash
86 488
88 527
71 249
78 994

Estimated living cost  is ₽24744 per week

₽15388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110097
₽120162
₽89902
₽99391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 942
income
-
-
-
23 020
health
-
-
-
29 092
solidarity contribution
-
-
-
2 845
total
-
-
-
87 899
Employee
41 486
-
171 831
-
solidarity contribution
-
-
1 994
-
health
5 601
-
23 197
-
social contributions
2 697
-
7 333
-
income
4 978
-
21 195
-
total
13 276
-
53 719
-
Employer
41 486
-
171 831
-
social contributions
10 371
-
28 204
-
health
3 734
-
15 465
-
total
14 105
-
43 669
-
Corporate
159 909
215 500
-
-
income
30 383
40 945
-
-
total
30 383
40 945
-
-
Dividends
129 527
174 555
-
-
withholding
19 429
26 183
-
-
total
19 429
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 193
67 128
97 388
87 899
After tax
138 307
148 372
118 112
127 601
Living cost
28 210
28 210
28 210
28 210
Free-cash
110 097
120 162
89 902
99 391

Estimated living cost  is ₽28210 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89062
₽89518
₽27083
₽81129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
chamber of commerce
-
-
-
863
unemployment
-
-
-
5 634
income
-
-
-
70 508
pensions
-
-
-
19 853
health
-
-
-
8 208
surtax
-
-
-
-
total
-
-
-
105 066
Employee
40 153
36 606
179 356
-
unemployment
1 205
1 098
3 220
-
other
401
366
1 074
-
health
1 553
1 417
4 152
-
pensions
4 112
3 748
10 989
-
income
3 577
2 700
59 566
-
total
10 848
9 329
79 001
-
Employer
40 153
36 606
179 356
-
payroll
1 205
1 098
5 381
-
other
1 907
1 738
7 907
-
accident
521
476
1 395
-
pensions
5 039
4 595
13 467
-
unemployment
1 205
1 098
3 220
-
chamber of commerce
160
146
718
-
surtax
-
-
-
-
health
1 518
1 384
4 056
-
total
11 555
10 535
36 144
-
Corporate
163 792
168 359
175 870
-
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.

40 948
42 090
43 967
-
total
40 948
42 090
43 967
-
Dividends
122 844
126 269
-
-
withholding
33 782
34 723
-
-
total
33 782
34 723
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 133
96 677
159 112
105 066
After tax
118 367
118 823
56 388
110 434
Living cost
29 305
29 305
29 305
29 305
Free-cash
89 062
89 518
27 083
81 129

Estimated living cost  is ₽29305 per week

₽17580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190786
₽192987
₽160662
₽201607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 672
-
215 500
-
income
2 935
-
43 100
-
total
2 935
-
43 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

200 828
215 500
-
-
total
-
-
-
-
Dividends
200 828
215 500
-
-
withholding
10 041
10 775
-
-
total
10 041
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 976
10 775
43 100
2 155
After tax
202 524
204 725
172 400
213 345
Living cost
11 738
11 738
11 738
11 738
Free-cash
190 786
192 987
160 662
201 607

Estimated living cost  is ₽11738 per week

₽7943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116050
₽123733
₽69799
₽74477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
215 500
unemployment
-
-
-
322
income
-
-
-
55 501
pensions
-
-
-
39 357
health
-
-
-
21 205
total
-
-
-
116 385
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.

40 619
-
186 468
-
unemployment
58
-
261
-
health
2 623
-
12 045
-
pensions
6 296
-
28 903
-
income
7 005
-
50 822
-
total
15 982
-
92 031
-
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.

40 619
-
186 468
-
pensions
3 594
-
16 502
-
unemployment
24
-
112
-
health
2 705
-
12 418
-
total
6 323
-
29 032
-
Corporate
168 557
215 500
-
-
income
32 027
40 945
-
-
total
32 027
40 945
-
-
Dividends
136 530
174 555
-
-
withholding
20 480
26 184
-
-
total
20 480
26 184
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 812
67 129
121 063
116 385
After tax
140 688
148 371
94 437
99 115
Living cost
24 638
24 638
24 638
24 638
Free-cash
116 050
123 733
69 799
74 477

Estimated living cost  is ₽24638 per week

₽16908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44179
₽89761
₽161544
₽107579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
social contributions
-
-
-
24 567
income
-
-
-
42 005
total
-
-
-
66 572
Employee
59 288
-
-
-
social contributions
4 862
-
693
-
income
13 078
-
-
-
total
17 940
-
693
-
Employer
59 288
-
-
-
social contributions
83 596
-
11 914
-
total
83 596
-
11 914
-
Corporate
72 616
215 500
-
-
income
15 975
47 410
-
-
total
15 975
47 410
-
-
Dividends
56 640
168 090
-
-
income
12 461
36 980
-
-
total
12 461
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
129 972
84 390
12 607
66 572
After tax
85 528
131 110
202 893
148 928
Living cost
41 349
41 349
41 349
41 349
Free-cash
44 179
89 761
161 544
107 579

Estimated living cost  is ₽41349 per week

₽26829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92840
₽93765
₽65994
₽83152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
social contributions

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

-
-
-
74 887
income
-
-
-
28 649
surtax
-
-
-
-
total
-
-
-
103 536
Employee
42 247
-
174 141
-
surtax
-
-
389
-
social contributions
4 647
-
19 155
-
income
8 787
-
59 792
-
total
13 434
-
79 336
-
Employer
42 247
-
174 141
-
social contributions
10 033
-
41 358
-
total
10 033
-
41 358
-
Corporate
163 220
215 500
-
-
income
34 277
45 255
-
-
surtax
-
-
-
-
total
34 277
45 255
-
-
Dividends
128 943
170 245
-
-
withholding
36 104
47 668
-
-
total
36 104
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 848
92 923
120 694
103 536
After tax
121 652
122 577
94 806
111 964
Living cost
28 812
28 812
28 812
28 812
Free-cash
92 840
93 765
65 994
83 152

Estimated living cost  is ₽28812 per week

₽21557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
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.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70560
₽64248
₽65918
₽72793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
6 680
social contributions
-
-
-
6 139
income
-
-
-
41 427
pensions
-
-
-
33 308
health
-
-
-
10 788
surtax
-
-
-
-
total
-
-
-
98 342
Employee
57 531
-
163 990
-
surtax
-
-
-
-
pensions
6 507
-
12 561
-
social contributions
1 639
-
4 672
-
income
5 020
-
36 474
-
total
13 166
-
53 707
-
Employer
57 531
-
163 990
-
other
1 985
-
6 891
-
pensions
9 453
-
20 941
-
unemployment
2 331
-
6 641
-
social contributions
173
-
492
-
health
4 027
-
16 545
-
total
17 969
-
51 510
-
Corporate
140 001
215 500
-
-
income
39 200
60 340
-
-
surtax
-
-
-
-
total
39 200
60 340
-
-
Dividends
100 801
155 160
-
-
withholding
12 903
19 860
-
-
social contributions
17 337
26 687
-
-
surtax
-
-
-
-
total
30 240
46 547
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 575
106 887
105 217
98 342
After tax
114 925
108 613
110 283
117 158
Living cost
44 365
44 365
44 365
44 365
Free-cash
70 560
64 248
65 918
72 793

Estimated living cost  is ₽44365 per week

₽30026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163254
₽166339
₽134975
₽129248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
11 231
social contributions
-
-
-
47 410
total
-
-
-
58 641
Employee
29 531
-
186 580
-
social contributions
1 919
-
12 127
-
income
-
-
11 867
-
total
1 919
-
23 994
-
Employer
29 531
-
186 580
-
social contributions
4 577
-
28 920
-
total
4 577
-
28 920
-
Corporate
181 392
215 500
-
-
income
18 139
21 550
-
-
total
18 139
21 550
-
-
Dividends
163 253
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 635
21 550
52 914
58 641
After tax
190 865
193 950
162 586
156 859
Living cost
27 611
27 611
27 611
27 611
Free-cash
163 254
166 339
134 975
129 248

Estimated living cost  is ₽27611 per week

₽17853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8921
₽15666
₽15666
₽79808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
pensions
-
-
-
795
municipal
-
-
-
46 492
labour market
-
-
-
17 177
national
-
-
-
27 056
total
-
-
-
91 520
Employee
186 438
186 438
186 438
-
national
22 777
22 777
22 777
-
municipal
39 701
39 701
39 701
-
labour market
14 894
14 894
14 894
-
pensions
265
265
265
-
total
77 637
77 637
77 637
-
Employer
186 438
186 438
186 438
-
municipal
39 764
39 764
39 764
-
pensions
530
530
530
-
national
22 816
22 816
22 816
-
labour market
14 915
14 915
14 915
-
total
78 025
78 025
78 025
-
Corporate
15 666
-
-
-
income
3 446
-
-
-
total
3 446
-
-
-
Dividends
12 219
-
-
-
withholding
3 299
-
-
-
total
3 299
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
162 407
155 662
155 662
91 520
After tax
53 093
59 838
59 838
123 980
Living cost
44 172
44 172
44 172
44 172
Free-cash
8 921
15 666
15 666
79 808

Estimated living cost  is ₽44172 per week

₽30232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽679
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14341
-₽2852
₽98521
₽126827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
347
income
-
-
-
61 840
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
68 365
Employee
31 946
-
197 059
-
health
3 658
-
22 563
-
pensions
3 597
-
7 148
-
income
4 383
-
48 519
-
total
11 638
-
78 230
-
Employer
31 946
-
197 059
-
accident
533
-
3 291
-
pensions
5 194
-
10 322
-
unemployment
783
-
4 828
-
total
6 510
-
18 441
-
Corporate
177 044
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.

159 339
193 950
-
-
total
159 339
193 950
-
-
Dividends
17 705
21 550
-
-
withholding
3 364
4 094
-
-
total
3 364
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 851
198 044
96 671
68 365
After tax
34 649
17 456
118 829
147 135
Living cost
20 308
20 308
20 308
20 308
Free-cash
14 341
-2 852
98 521
126 827

Estimated living cost  is ₽20308 per week

₽14782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99273
₽96433
₽71245
₽95927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
municipal
-
-
-
38 262
national
-
-
-
43 110
health
-
-
-
2 935
total
-
-
-
84 307
Employee
48 327
-
181 291
-
national
798
-
27 910
-
unemployment
725
-
2 719
-
health
361
-
2 409
-
municipal
7 916
-
29 506
-
pensions
3 261
-
12 237
-
total
13 061
-
74 781
-
Employer
48 327
-
181 291
-
accident
49
-
181
-
pensions
8 384
-
31 453
-
unemployment
314
-
1 178
-
health
371
-
1 396
-
total
9 118
-
34 208
-
Corporate
158 054
215 500
-
-
income
31 610
43 101
-
-
total
31 610
43 101
-
-
Dividends

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

94 833
129 299
-
-
municipal
17 071
23 274
-
-
national
10 101
17 426
-
-
total
27 172
40 700
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 961
83 801
108 989
84 307
After tax
134 539
131 699
106 511
131 193
Living cost
35 266
35 266
35 266
35 266
Free-cash
99 273
96 433
71 245
95 927

Estimated living cost  is ₽35266 per week

₽23036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130771
₽135768
₽121588
₽123338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
income
-
-
-
50 537
health
-
-
-
5 496
total
-
-
-
70 895
Employee
70 633
70 633
203 823
-
health
547
1 201
3 465
-
social contributions
2 670
5 862
7 907
-
income
7 691
6 539
49 596
-
total
10 908
13 602
60 968
-
Employer
70 633
70 633
203 823
-
social contributions
2 670
5 862
7 907
-
health
594
1 307
3 770
-
total
3 264
7 169
11 677
-
Corporate
180 059
137 698
-
-
income
22 507
17 212
-
-
total
22 507
17 212
-
-
Dividends
157 552
120 486
-
-
withholding
26 783
20 482
-
-
total
26 783
20 482
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 462
58 465
72 645
70 895
After tax
152 038
157 035
142 855
144 605
Living cost
21 267
21 267
21 267
21 267
Free-cash
130 771
135 768
121 588
123 338

Estimated living cost  is ₽21267 per week

₽12746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159197
₽163873
₽150928
₽169353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
215 500
unemployment
-
-
-
26
income
-
-
-
22 370
pensions
-
-
-
5 843
health
-
-
-
3 324
total
-
-
-
31 563
Employee

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

21 084
-
206 523
-
unemployment
105
-
436
-
health
1 792
-
7 408
-
pensions
3 162
-
13 074
-
income
1 442
-
20 092
-
total
6 501
-
41 010
-
Employer

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

21 084
-
206 523
-
pensions
1 159
-
4 794
-
unemployment
105
-
436
-
health
906
-
3 748
-
total
2 170
-
8 978
-
Corporate
192 246
215 500
-
-
income
17 302
19 394
-
-
total
17 302
19 394
-
-
Dividends
174 943
196 106
-
-
withholding
15 746
17 649
-
-
total
15 746
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 719
37 043
49 988
31 563
After tax
173 781
178 457
165 512
183 937
Living cost
14 584
14 584
14 584
14 584
Free-cash
159 197
163 873
150 928
169 353

Estimated living cost  is ₽14584 per week

₽9305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
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.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113681
₽117738
₽91223
₽95077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
596
income
-
-
-
69 622
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
95 164
Employee
33 965
-
188 358
-
unemployment
526
-
1 320
-
other
33
-
85
-
pensions
1 597
-
4 002
-
income
6 548
-
66 468
-
total
8 704
-
71 875
-
Employer
33 965
-
188 358
-
other
272
-
682
-
accident
673
-
1 686
-
pensions
8 015
-
20 093
-
unemployment
1 869
-
4 682
-
total
10 829
-
27 143
-
Corporate
170 707
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.

25 607
32 325
-
-
total
25 607
32 325
-
-
Dividends
145 100
183 175
-
-
withholding
31 420
40 178
-
-
total
31 420
40 178
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 560
72 503
99 018
95 164
After tax
138 940
142 997
116 482
120 336
Living cost
25 259
25 259
25 259
25 259
Free-cash
113 681
117 738
91 223
95 077

Estimated living cost  is ₽25259 per week

₽17050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132511
₽132788
₽137282
₽137401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
74 295
pensions
-
-
-
1 229
health
-
-
-
891
total
-
-
-
76 415
Employee
2 565
-
214 118
-
unemployment
26
-
61
-
health
128
-
307
-
pensions
231
-
553
-
income
496
-
74 230
-
total
881
-
75 151
-
Employer
2 565
-
214 118
-
pensions
282
-
676
-
unemployment
51
-
123
-
health
244
-
584
-
total
577
-
1 383
-
Corporate
212 357
215 500
-
-
income
46 719
47 410
-
-
total
46 719
47 410
-
-
Dividends
165 639
168 090
-
-
withholding
33 128
33 618
-
-
total
33 128
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 305
81 028
76 534
76 415
After tax
134 195
134 472
138 966
139 085
Living cost
1 684
1 684
1 684
1 684
Free-cash
132 511
132 788
137 282
137 401

Estimated living cost  is ₽1684 per week

₽1001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135342
₽139852
₽124006
₽124006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
215 500
unemployment
-
-
-
1 016
income
-
-
-
50 047
pensions
-
-
-
17 608
health
-
-
-
6 975
total
-
-
-
75 646
Employee

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

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

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

23 897
-
203 378
-
unemployment
179
-
508
-
health
1 231
-
3 488
-
pensions
3 346
-
9 481
-
income
3 294
-
50 047
-
total
8 050
-
63 524
-
Employer

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

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

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

23 897
-
203 378
-
pensions
2 868
-
8 127
-
unemployment
179
-
508
-
health
1 231
-
3 488
-
total
4 278
-
12 123
-
Corporate
187 325
215 500
-
-
income
28 099
32 325
-
-
total
28 099
32 325
-
-
Dividends
159 227
183 175
-
-
withholding
23 884
27 476
-
-
total
23 884
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 311
59 801
75 647
75 646
After tax
151 189
155 699
139 853
139 854
Living cost
15 848
15 848
15 848
15 848
Free-cash
135 342
139 852
124 006
124 006

Estimated living cost  is ₽15848 per week

₽10670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
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.
₽3493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97481
₽97813
₽70042
₽87200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
social contributions

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

-
-
-
74 887
income
-
-
-
28 649
surtax
-
-
-
-
total
-
-
-
103 536
Employee
35 651
-
174 141
-
surtax
-
-
389
-
social contributions
3 922
-
19 155
-
income
6 966
-
59 792
-
total
10 888
-
79 336
-
Employer
35 651
-
174 141
-
social contributions
8 466
-
41 358
-
total
8 466
-
41 358
-
Corporate
171 382
215 500
-
-
income
35 991
45 255
-
-
surtax
-
-
-
-
total
35 991
45 255
-
-
Dividends
135 392
170 245
-
-
withholding
37 910
47 668
-
-
total
37 910
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 255
92 923
120 694
103 536
After tax
122 245
122 577
94 806
111 964
Living cost
24 764
24 764
24 764
24 764
Free-cash
97 481
97 813
70 042
87 200

Estimated living cost  is ₽24764 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104703
₽110715
₽84200
₽88054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
85
unemployment
-
-
-
596
income
-
-
-
69 622
pensions
-
-
-
24 094
accident
-
-
-
767
total
-
-
-
95 164
Employee
44 362
-
188 358
-
unemployment
687
-
1 320
-
other
44
-
85
-
pensions
2 085
-
4 002
-
income
9 266
-
66 468
-
total
12 082
-
71 875
-
Employer
44 362
-
188 358
-
other
356
-
682
-
accident
879
-
1 686
-
pensions
10 469
-
20 093
-
unemployment
2 440
-
4 682
-
total
14 144
-
27 143
-
Corporate
156 994
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.

23 550
32 325
-
-
total
23 550
32 325
-
-
Dividends
133 444
183 175
-
-
withholding
28 739
40 178
-
-
total
28 739
40 178
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 515
72 503
99 018
95 164
After tax
136 985
142 997
116 482
120 336
Living cost
32 282
32 282
32 282
32 282
Free-cash
104 703
110 715
84 200
88 054

Estimated living cost  is ₽32282 per week

₽23184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽162711
₽168346
₽167663
₽158645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
unemployment
-
-
-
129
income
-
-
-
32 325
pensions

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

-
-
-
4 780
health
-
-
-
3 714
total
-
-
-
40 948
Employee
21 063
-
209 163
-
accident

We are using the highest rate at 1.1%.

231
-
355
-
health
969
-
1 486
-
pensions

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

1 849
-
2 836
-
income
2 107
-
20 916
-
total
5 156
-
25 593
-
Employer
21 063
-
209 163
-
accident

We are using the highest rate at 1.1%.

231
-
355
-
pensions

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

2 321
-
3 559
-
unemployment
127
-
194
-
health
1 453
-
2 229
-
total
4 132
-
6 337
-
Corporate
190 304
215 500
-
-
income
19 030
21 550
-
-
total
19 030
21 550
-
-
Dividends
171 274
193 950
-
-
withholding
8 564
9 697
-
-
total
8 564
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
36 882
31 247
31 930
40 948
After tax
178 618
184 253
183 570
174 552
Living cost
15 907
15 907
15 907
15 907
Free-cash
162 711
168 346
167 663
158 645

Estimated living cost  is ₽15907 per week

₽10521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87373
₽75356
₽97201
₽72405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
trade
-
-
-
24 796
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.

-
-
-
72 569
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.

-
-
-
6 275
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.

-
-
-
3 992
total
-
-
-
107 632
Employee

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

45 704
-
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.

207
-
3 992
-
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.

6 275
-
6 275
-
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.

3 758
-
72 569
-
total
10 240
-
82 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 796
215 500
-
-
trade
24 366
30 925
-
-
income
25 469
32 325
-
-
surtax

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

1 401
1 778
-
-
chamber of commerce
389
455
-
-
total
51 625
65 483
-
-
Dividends
118 171
150 017
-
-
withholding
29 194
37 155
-
-
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.

1 605
2 043
-
-
total
30 799
39 198
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 664
104 681
82 836
107 632
After tax
122 836
110 819
132 664
107 868
Living cost
35 463
35 463
35 463
35 463
Free-cash
87 373
75 356
97 201
72 405

Estimated living cost  is ₽35463 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100554
₽98525
₽54961
₽54961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 197
income
-
-
-
71 017
total
-
-
-
108 214
Employee
71 852
-
215 500
-
social contributions
5 969
-
37 197
-
income
13 558
-
71 017
-
total
19 527
-
108 214
-
Employer
71 852
-
215 500
-
total
-
-
-
-
Corporate
143 648
215 500
-
-
income
17 956
26 937
-
-
total
17 956
26 937
-
-
Dividends
125 692
188 563
-
-
withholding
25 138
37 713
-
-
total
25 138
37 713
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 621
64 650
108 214
108 214
After tax
152 879
150 850
107 286
107 286
Living cost
52 325
52 325
52 325
52 325
Free-cash
100 554
98 525
54 961
54 961

Estimated living cost  is ₽52325 per week

₽39808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105088
₽101877
₽116604
₽144270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 561
income
-
-
-
32 325
total
-
-
-
37 886
Employee
42 138
-
211 275
-
social contributions
4 222
-
4 225
-
income
4 572
-
57 102
-
total
8 794
-
61 327
-
Employer
42 138
-
211 275
-
social contributions
4 222
-
4 225
-
total
4 222
-
4 225
-
Corporate
169 140
215 500
-
-
income
59 199
75 426
-
-
total
59 199
75 426
-
-
Dividends
109 941
140 074
-
-
social contributions
4 853
4 853
-
-
total
4 853
4 853
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 068
80 279
65 552
37 886
After tax
138 432
135 221
149 948
177 614
Living cost
33 344
33 344
33 344
33 344
Free-cash
105 088
101 877
116 604
144 270

Estimated living cost  is ₽33344 per week

₽21964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106760
₽101404
₽85886
₽105081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
income
-
-
-
67 551
pensions
-
-
-
9 262
total
-
-
-
76 813
Employee
46 130
-
187 732
-
health
602
-
2 503
-
pensions
3 521
-
10 983
-
income
8 401
-
54 753
-
total
12 524
-
68 239
-
Employer
46 130
-
187 732
-
pensions
4 661
-
24 202
-
health
877
-
3 567
-
total
5 538
-
27 769
-
Corporate
163 833
215 500
-
-
income

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

31 128
40 945
-
-
total
31 128
40 945
-
-
Dividends
132 705
174 555
-
-
withholding
25 944
39 545
-
-
total
25 944
39 545
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 134
80 490
96 008
76 813
After tax
140 366
135 010
119 492
138 687
Living cost
33 606
33 606
33 606
33 606
Free-cash
106 760
101 404
85 886
105 081

Estimated living cost  is ₽33606 per week

₽23054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
₽14032
-₽4863
₽96510
₽124816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
other
-
-
-
347
income
-
-
-
61 840
pensions
-
-
-
3 898
accident
-
-
-
237
health
-
-
-
2 043
total
-
-
-
68 365
Employee
35 108
-
197 059
-
health
4 020
-
22 563
-
pensions
3 953
-
7 148
-
income
4 817
-
48 519
-
total
12 790
-
78 230
-
Employer
35 108
-
197 059
-
accident
586
-
3 291
-
pensions
5 708
-
10 322
-
unemployment
860
-
4 828
-
total
7 154
-
18 441
-
Corporate
173 237
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.

155 914
193 950
-
-
total
155 914
193 950
-
-
Dividends
17 324
21 550
-
-
withholding
3 291
4 094
-
-
total
3 291
4 094
-
-
Income
215 500
215 500
215 500
215 500
Total tax
179 149
198 044
96 671
68 365
After tax
36 351
17 456
118 829
147 135
Living cost
22 319
22 319
22 319
22 319
Free-cash
14 032
-4 863
96 510
124 816

Estimated living cost  is ₽22319 per week

₽16379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149696
₽152471
₽146602
₽126439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
215 500
unemployment
-
-
-
1 760
income
-
-
-
36 347
pensions
-
-
-
26 983
health insurance
-
-
-
10 852
work injury
-
-
-
733
total
-
-
-
76 675
Employee

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

19 818
-
215 500
-
health insurance
1 467
-
5 426
-
unemployment
238
-
880
-
work injury
99
-
367
-
pensions
3 647
-
13 492
-
income
1 982
-
36 347
-
total
7 433
-
56 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 682
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%.

19 568
21 550
-
-
total
19 568
21 550
-
-
Dividends
176 114
193 950
-
-
withholding
26 417
29 093
-
-
total
26 417
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 418
50 643
56 512
76 675
After tax
162 082
164 857
158 988
138 825
Living cost
12 386
12 386
12 386
12 386
Free-cash
149 696
152 471
146 602
126 439

Estimated living cost  is ₽12386 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72739
₽76918
₽57534
₽65080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
215 500
regional
-
-
-
5 338
social contributions
-
-
-
45 973
municipal
-
-
-
1 525
national
-
-
-
60 991
total
-
-
-
113 827
Employee
77 403
-
215 500
-
national
13 080
-
54 843
-
regional
1 169
-
4 862
-
municipal
462
-
1 396
-
social contributions
26 100
-
60 272
-
total
40 811
-
121 373
-
Employer
77 403
-
215 500
-
total
-
-
-
-
Corporate
138 097
215 500
-
-
nationa
33 144
51 721
-
-
municipal
6 657
10 387
-
-
total
39 801
62 108
-
-
Dividends
98 295
153 392
-
-
withholding
25 556
39 881
-
-
total
25 556
39 881
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 168
101 989
121 373
113 827
After tax
109 332
113 511
94 127
101 673
Living cost
36 593
36 593
36 593
36 593
Free-cash
72 739
76 918
57 534
65 080

Estimated living cost  is ₽36593 per week

₽25704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
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.
₽7818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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