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
₽ 216500
per

Your estimated
City
free-cash

Dresden , Germany
₽78568
₽89730
₽77197
₽103907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
trade
-
-
-
26 710
income

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

-
-
-
71 218
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.

-
-
-
6 894
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.

-
-
-
3 916
total
-
-
-
108 738
Employee

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

38 597
-
216 500
-
health

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

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

6 894
-
6 894
-
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.

59
-
3 916
-
income

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

1 078
-
71 218
-
total
8 031
-
82 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 903
216 500
-
-
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.

1 467
1 787
-
-
income
26 685
32 474
-
-
trade
28 020
34 098
-
-
chamber of commerce
408
463
-
-
total
56 580
68 822
-
-
Dividends
121 323
147 677
-
-
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.

1 647
2 009
-
-
withholding
29 947
36 536
-
-
total
31 594
38 545
-
-
Income
216 500
216 500
216 500
216 500
Total tax
96 205
107 367
82 028
108 738
After tax
120 295
109 133
134 472
107 762
Living cost
30 565
30 565
30 565
30 565
Free-cash
89 730
78 568
103 907
77 197

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84106
₽83257
₽73051
₽74213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
23 996
pensions
-
-
-
25 980
national
-
-
-
40 156
social contributions
-
-
-
2 327
total
-
-
-
92 459
Employee
79 044
-
187 162
-
municipal
9 763
-
24 834
-
pensions
3 162
-
7 486
-
national
15 129
-
41 992
-
total
28 054
-
74 312
-
Employer
79 044
-
187 162
-
social contributions
850
-
2 012
-
pensions
6 324
-
14 973
-
total
7 174
-
16 985
-
Corporate
125 066
216 500
-
-
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%.

25 013
43 300
-
-
total
25 013
43 300
-
-
Dividends
100 053
173 200
-
-
withholding
22 012
38 104
-
-
total
22 012
38 104
-
-
Income
216 500
216 500
216 500
216 500
Total tax
82 253
81 404
91 297
92 459
After tax
134 247
135 096
125 203
124 041
Living cost
50 990
50 990
50 990
50 990
Free-cash
83 257
84 106
74 213
73 051

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152206
₽143927
₽57045
₽72580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
microenterprise
-
-
-
-
income
-
-
-
44 590
surtax
-
-
-
55 207
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.

-
-
-
38 664
total
-
-
-
138 461
Employee
29 487
-
168 945
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
24 497
-
income
5 249
-
37 645
-
total
8 493
-
75 371
-
Employer
29 487
-
168 945
-
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.

7 103
-
28 972
-
surtax
-
-
18 583
-
total
7 103
-
47 555
-
Corporate
179 910
216 500
-
-
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%.

35 983
43 300
-
-
total
35 983
43 300
-
-
Dividends

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

143 928
173 200
-
-
total
-
-
-
-
Income
216 500
216 500
216 500
216 500
Total tax
51 579
43 300
122 926
138 461
After tax
164 921
173 200
93 574
78 039
Living cost
20 994
20 994
20 994
20 994
Free-cash
143 927
152 206
72 580
57 045

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65493
₽59310
₽74556
₽96206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
75 404
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
99 671
Employee
86 174
86 174
197 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
35 000
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
59 267
-
Employer
86 174
86 174
197 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
116 293
115 235
-
-
income
23 259
23 047
-
-
total
23 259
23 047
-
-
Dividends
93 033
92 189
-
-
income
19 770
19 590
-
-
withholding
13 955
13 828
-
-
total
33 725
33 418
-
-
Income
216 500
216 500
216 500
216 500
Total tax
114 917
108 734
78 021
99 671
After tax
101 583
107 766
138 479
116 829
Living cost
42 273
42 273
42 273
42 273
Free-cash
59 310
65 493
96 206
74 556

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79220
₽78344
₽69446
₽68499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
57 178
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
26 133
total
-
-
-
108 065
Employee
55 556
-
189 651
-
municipal
16 567
-
56 554
-
national
-
-
25 610
-
total
16 567
-
82 164
-
Employer
55 556
-
189 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
143 488
216 500
-
-
income
31 567
47 630
-
-
total
31 567
47 630
-
-
Dividends
111 921
168 870
-
-
withholding
33 576
50 661
-
-
total
33 576
50 661
-
-
Income
216 500
216 500
216 500
216 500
Total tax
99 167
98 291
109 012
108 065
After tax
117 333
118 209
107 488
108 435
Living cost
38 989
38 989
38 989
38 989
Free-cash
78 344
79 220
68 499
69 446

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68375
₽82554
₽66934
₽94830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
trade
-
-
-
27 896
income

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

-
-
-
71 218
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.

-
-
-
6 894
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.

-
-
-
3 916
total
-
-
-
109 924
Employee

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

51 174
-
216 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
3 916
-
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.

4 397
-
71 218
-
total
11 532
-
82 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 326
216 500
-
-
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.

1 363
1 787
-
-
income
24 799
32 474
-
-
trade
27 197
35 615
-
-
chamber of commerce
389
462
-
-
total
53 748
70 338
-
-
Dividends
111 578
146 163
-
-
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.

1 513
1 988
-
-
withholding
27 511
36 157
-
-
total
29 024
38 145
-
-
Income
216 500
216 500
216 500
216 500
Total tax
94 304
108 483
82 028
109 924
After tax
122 196
108 017
134 472
106 576
Living cost
39 642
39 642
39 642
39 642
Free-cash
82 554
68 375
94 830
66 934

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125081
₽120895
₽113307
₽111508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
48 614
health
-
-
-
5 521
social contributions
-
-
-
16 327
total
-
-
-
70 462
Employee
77 596
77 596
204 039
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 468
-
income
8 148
7 183
47 647
-
total
12 691
14 942
59 801
-
Employer
77 596
77 596
204 039
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 774
-
total
4 612
7 876
12 460
-
Corporate
166 467
131 027
-
-
income
20 808
16 379
-
-
total
20 808
16 379
-
-
Dividends
145 659
114 649
-
-
withholding
24 763
19 491
-
-
total
24 763
19 491
-
-
Income
216 500
216 500
216 500
216 500
Total tax
62 874
58 688
72 261
70 462
After tax
153 626
157 812
144 239
146 038
Living cost
32 731
32 731
32 731
32 731
Free-cash
120 895
125 081
111 508
113 307

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103202
₽103583
₽131645
₽107172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
26 467
pensions
-
-
-
21 650
unemployment
-
-
-
3 248
health
-
-
-
15 155
total
-
-
-
66 520
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
181 172
-
health
1 853
737
12 682
-
income
3 236
1 288
22 148
-
pensions
2 647
1 053
18 117
-
unemployment
397
158
2 718
-
total
8 133
3 236
55 665
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
181 172
-
pensions
5 161
2 054
35 328
-
total
5 161
2 054
35 328
-
Corporate
184 872
203 913
-
-
income
16 639
18 352
-
-
total
16 639
18 352
-
-
Dividends
168 234
185 561
-
-
social contributions
32 685
36 064
-
-
withholding
31 964
35 257
-
-
total
64 649
71 321
-
-
Income
216 500
216 500
216 500
216 500
Total tax
94 582
94 963
90 993
66 520
After tax
121 918
121 537
125 507
149 980
Living cost
18 335
18 335
18 335
18 335
Free-cash
103 583
103 202
107 172
131 645

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148826
₽142555
₽91669
₽100414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
29 012
pensions
-
-
-
43 300
health
-
-
-
28 145
total
-
-
-
100 457
Employee
28 627
-
161 808
-
income
3 223
-
31 197
-
pensions
573
-
3 236
-
unemployment
458
-
2 589
-
total
4 254
-
37 022
-
Employer
28 627
-
161 808
-
unemployment
230
-
1 295
-
pensions
5 726
-
32 361
-
health
3 721
-
21 034
-
total
9 677
-
54 690
-
Corporate
178 197
216 500
-
-
income
35 640
43 300
-
-
total
35 640
43 300
-
-
Dividends
142 557
173 200
-
-
total
-
-
-
-
Income
216 500
216 500
216 500
216 500
Total tax
49 571
43 300
91 712
100 457
After tax
166 929
173 200
124 788
116 043
Living cost
24 374
24 374
24 374
24 374
Free-cash
142 555
148 826
100 414
91 669

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4535
₽14151
₽125786
₽96926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
253
income
-
-
-
61 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 643
Employee
34 719
-
197 318
-
health
3 975
-
22 593
-
income
4 763
-
48 074
-
pensions
3 909
-
7 654
-
total
12 647
-
78 321
-
Employer
34 719
-
197 318
-
accident
580
-
3 295
-
unemployment
851
-
4 834
-
pensions
5 646
-
11 053
-
total
7 077
-
19 182
-
Corporate
174 706
216 500
-
-
income

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

157 235
194 850
-
-
total
157 235
194 850
-
-
Dividends
17 471
21 650
-
-
withholding
3 319
4 114
-
-
total
3 319
4 114
-
-
Income
216 500
216 500
216 500
216 500
Total tax
180 278
198 964
97 503
68 643
After tax
36 222
17 536
118 997
147 857
Living cost
22 071
22 071
22 071
22 071
Free-cash
14 151
-4 535
96 926
125 786

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196596
₽194894
₽205256
₽164121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
216 500
microenterprise

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

-
-
-
2 165
total
-
-
-
2 165
Employee
11 349
-
216 500
-
income
2 269
-
43 300
-
total
2 269
-
43 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

205 151
216 500
-
-
total
-
-
-
-
Dividends
205 151
216 500
-
-
withholding
10 258
10 825
-
-
total
10 258
10 825
-
-
Income
216 500
216 500
216 500
216 500
Total tax
12 527
10 825
43 300
2 165
After tax
203 973
205 675
173 200
214 335
Living cost
9 079
9 079
9 079
9 079
Free-cash
194 894
196 596
164 121
205 256

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132173
₽125360
₽101605
₽99790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
37 137
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
88 006
Employee
36 640
-
177 637
-
health
513
-
2 149
-
income
6 308
-
36 534
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
50 958
-
Employer
36 640
-
177 637
-
accident
293
-
1 421
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 863
-
Corporate
170 626
216 500
-
-
income
35 831
45 466
-
-
total
35 831
45 466
-
-
Dividends
134 795
171 034
-
-
withholding
9 435
11 972
-
-
total
9 435
11 972
-
-
Income
216 500
216 500
216 500
216 500
Total tax
64 251
57 438
89 821
88 006
After tax
152 249
159 062
126 679
128 494
Living cost
26 889
26 889
26 889
26 889
Free-cash
125 360
132 173
99 790
101 605

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69884
₽78038
₽72980
₽53595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
65 925
pensions
-
-
-
9 873
total
-
-
-
75 798
Employee
95 816
-
188 774
-
health
1 579
-
2 590
-
income
17 272
-
53 002
-
pensions
9 244
-
11 864
-
total
28 095
-
67 456
-
Employer
95 816
-
188 774
-
pensions
11 313
-
24 141
-
health
1 820
-
3 586
-
total
13 133
-
27 727
-
Corporate
107 551
216 500
-
-
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.

20 434
41 136
-
-
total
20 434
41 136
-
-
Dividends
87 117
175 364
-
-
withholding
9 078
37 758
-
-
total
9 078
37 758
-
-
Income
216 500
216 500
216 500
216 500
Total tax
70 740
78 894
95 183
75 798
After tax
145 760
137 606
121 317
140 702
Living cost
67 722
67 722
67 722
67 722
Free-cash
78 038
69 884
53 595
72 980

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽171868
₽167178
₽161369
₽170275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
32 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 892
Employee
17 531
-
209 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
20 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
26 065
-
Employer
17 531
-
209 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
195 529
216 500
-
-
income
19 553
21 650
-
-
total
19 553
21 650
-
-
Dividends
175 976
194 850
-
-
withholding
8 799
9 743
-
-
total
8 799
9 743
-
-
Income
216 500
216 500
216 500
216 500
Total tax
36 083
31 393
32 986
41 892
After tax
180 417
185 107
183 514
174 608
Living cost
13 239
13 239
13 239
13 239
Free-cash
167 178
171 868
170 275
161 369

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51809
₽54347
₽60872
₽82522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
75 404
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
99 671
Employee
93 558
86 174
197 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
35 000
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
59 267
-
Employer
93 558
86 174
197 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
106 561
115 235
-
-
income
21 312
23 047
-
-
total
21 312
23 047
-
-
Dividends
85 250
92 189
-
-
income
18 116
19 590
-
-
withholding
12 788
13 828
-
-
total
30 904
33 418
-
-
Income
216 500
216 500
216 500
216 500
Total tax
106 196
108 734
78 021
99 671
After tax
110 304
107 766
138 479
116 829
Living cost
55 957
55 957
55 957
55 957
Free-cash
54 347
51 809
82 522
60 872

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124893
₽116270
₽103117
₽93713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
22 875
health
-
-
-
29 228
solidarity contribution
-
-
-
2 338
social contributions
-
-
-
34 775
total
-
-
-
89 216
Employee
35 540
-
171 309
-
social contributions
2 310
-
7 741
-
health
4 798
-
23 127
-
solidarity contribution
-
-
1 494
-
income
4 265
-
21 066
-
total
11 373
-
53 428
-
Employer
35 540
-
171 309
-
social contributions
8 885
-
29 774
-
health
3 199
-
15 418
-
total
12 084
-
45 192
-
Corporate
168 877
216 500
-
-
income
32 087
41 135
-
-
total
32 087
41 135
-
-
Dividends
136 790
175 365
-
-
withholding
20 519
26 305
-
-
total
20 519
26 305
-
-
Income
216 500
216 500
216 500
216 500
Total tax
76 063
67 440
98 620
89 216
After tax
140 437
149 060
117 880
127 284
Living cost
24 167
24 167
24 167
24 167
Free-cash
116 270
124 893
93 713
103 117

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72931
₽67661
₽61101
₽52542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
1 327
regional
-
-
-
2 687
national
-
-
-
58 298
social contributions
-
-
-
50 506
total
-
-
-
112 818
Employee
89 684
-
216 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 415
-
municipal
475
-
1 203
-
national
15 540
-
51 544
-
total
47 102
-
121 377
-
Employer
89 684
-
216 500
-
total
-
-
-
-
Corporate
126 816
216 500
-
-
nationa
30 437
51 959
-
-
municipal
4 946
8 443
-
-
total
35 383
60 402
-
-
Dividends
91 433
156 097
-
-
withholding
23 773
40 586
-
-
total
23 773
40 586
-
-
Income
216 500
216 500
216 500
216 500
Total tax
106 258
100 988
121 377
112 818
After tax
110 242
115 512
95 123
103 682
Living cost
42 581
42 581
42 581
42 581
Free-cash
67 661
72 931
52 542
61 101

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113912
₽110769
₽79671
₽73499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
66 726
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 107
total
-
-
-
114 561
Employee
33 371
-
188 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
9 900
-
income
5 594
-
60 692
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
92 383
-
Employer
33 371
-
188 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
176 105
216 500
-
-
income
45 787
56 289
-
-
total
45 787
56 289
-
-
Dividends
130 318
160 211
-
-
withholding
19 548
24 031
-
-
total
19 548
24 031
-
-
Income
216 500
216 500
216 500
216 500
Total tax
83 463
80 320
120 733
114 561
After tax
133 037
136 180
95 767
101 939
Living cost
22 268
22 268
22 268
22 268
Free-cash
110 769
113 912
73 499
79 671

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91340
₽98028
₽94436
₽75051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
65 925
pensions
-
-
-
9 873
total
-
-
-
75 798
Employee
64 213
-
188 774
-
health
932
-
2 590
-
income
11 565
-
53 002
-
pensions
5 450
-
11 864
-
total
17 947
-
67 456
-
Employer
64 213
-
188 774
-
pensions
6 951
-
24 141
-
health
1 220
-
3 586
-
total
8 171
-
27 727
-
Corporate
144 116
216 500
-
-
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.

27 383
41 136
-
-
total
27 383
41 136
-
-
Dividends
116 733
175 364
-
-
withholding
18 705
37 758
-
-
total
18 705
37 758
-
-
Income
216 500
216 500
216 500
216 500
Total tax
72 206
78 894
95 183
75 798
After tax
144 294
137 606
121 317
140 702
Living cost
46 266
46 266
46 266
46 266
Free-cash
98 028
91 340
75 051
94 436

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22733
₽55365
₽95895
₽87700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
city
-
-
-
2 282
pensions
-
-
-
19 917
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.

-
-
-
4 331
regional
-
-
-
11 962
health
-
-
-
488
national
-
-
-
5 359
total
-
-
-
44 339
Employee
89 251
-
194 687
-
city
958
-
2 104
-
regional
2 923
-
10 613
-
health
202
-
439
-
pensions
7 498
-
15 339
-
unemployment
-
-
-
-
national
422
-
4 367
-
total
12 003
-
32 862
-
Employer
89 251
-
194 687
-
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.

1 784
-
3 894
-
unemployment
-
-
-
-
pensions
7 498
-
15 339
-
health
202
-
439
-
total
9 484
-
19 672
-
Corporate
116 783
216 500
-
-
regional
24 700
45 789
-
-
national
9 927
18 403
-
-
total
34 627
64 192
-
-
Dividends
82 156
152 308
-
-
withholding
28 755
53 309
-
-
total
28 755
53 309
-
-
Income
216 500
216 500
216 500
216 500
Total tax
84 869
117 501
52 534
44 339
After tax
131 631
98 999
163 966
172 161
Living cost
76 266
76 266
76 266
76 266
Free-cash
55 365
22 733
87 700
95 895

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60674
₽77042
₽59161
₽88244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
trade
-
-
-
29 083
income

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

-
-
-
71 218
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.

-
-
-
6 894
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.

-
-
-
3 916
total
-
-
-
111 111
Employee

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

60 646
-
216 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
3 916
-
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.

7 131
-
71 218
-
total
14 418
-
82 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 854
216 500
-
-
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.

1 285
1 787
-
-
income
23 378
32 474
-
-
trade
26 729
37 130
-
-
chamber of commerce
373
458
-
-
total
51 765
71 849
-
-
Dividends
104 088
144 652
-
-
surtax

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

1 409
1 969
-
-
withholding
25 638
35 780
-
-
total
27 047
37 749
-
-
Income
216 500
216 500
216 500
216 500
Total tax
93 230
109 598
82 028
111 111
After tax
123 270
106 902
134 472
105 389
Living cost
46 228
46 228
46 228
46 228
Free-cash
77 042
60 674
88 244
59 161

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74590
₽80553
₽84856
₽79184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
38 962
pensions
-
-
-
34 913
other
-
-
-
6 712
health
-
-
-
10 364
surtax
-
-
-
-
social contributions
-
-
-
6 168
total
-
-
-
97 119
Employee
43 189
-
165 600
-
social contributions
1 231
-
4 719
-
surtax
-
-
-
-
income
2 549
-
34 844
-
pensions
4 883
-
12 327
-
total
8 663
-
51 890
-
Employer
43 189
-
165 600
-
other
1 490
-
6 807
-
social contributions
130
-
496
-
unemployment
1 748
-
6 706
-
pensions
7 095
-
20 608
-
health
3 024
-
16 284
-
total
13 487
-
50 901
-
Corporate
159 824
216 500
-
-
surtax
-
-
-
-
income
44 751
60 621
-
-
total
44 751
60 621
-
-
Dividends
115 073
155 879
-
-
surtax
-
-
-
-
social contributions
19 791
26 812
-
-
withholding
14 730
19 952
-
-
total
34 521
46 764
-
-
Income
216 500
216 500
216 500
216 500
Total tax
101 422
107 385
102 791
97 119
After tax
115 078
109 115
113 709
119 381
Living cost
34 525
34 525
34 525
34 525
Free-cash
80 553
74 590
79 184
84 856

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
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.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78010
₽83617
₽88276
₽82604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
38 962
pensions
-
-
-
34 913
other
-
-
-
6 712
health
-
-
-
10 364
surtax
-
-
-
-
social contributions
-
-
-
6 168
total
-
-
-
97 119
Employee
38 552
-
165 600
-
social contributions
1 099
-
4 719
-
surtax
-
-
-
-
income
1 988
-
34 844
-
pensions
4 360
-
12 327
-
total
7 447
-
51 890
-
Employer
38 552
-
165 600
-
other
1 331
-
6 807
-
social contributions
115
-
496
-
unemployment
1 561
-
6 706
-
pensions
6 335
-
20 608
-
health
2 698
-
16 284
-
total
12 040
-
50 901
-
Corporate
165 909
216 500
-
-
surtax
-
-
-
-
income
46 454
60 621
-
-
total
46 454
60 621
-
-
Dividends
119 455
155 879
-
-
surtax
-
-
-
-
social contributions
20 546
26 812
-
-
withholding
15 291
19 952
-
-
total
35 837
46 764
-
-
Income
216 500
216 500
216 500
216 500
Total tax
101 778
107 385
102 791
97 119
After tax
114 722
109 115
113 709
119 381
Living cost
31 105
31 105
31 105
31 105
Free-cash
83 617
78 010
82 604
88 276

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110686
₽111213
₽117639
₽112035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
32 474
health
-
-
-
15 111
social contributions
-
-
-
29 878
total
-
-
-
77 463
Employee
34 215
-
216 500
-
social contributions
4 722
-
29 878
-
health
2 388
-
15 111
-
income
5 707
-
38 078
-
total
12 817
-
83 067
-
Employer
34 215
-
216 500
-
total
-
-
-
-
Corporate
182 285
216 500
-
-
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%.

9 113
10 825
-
-
total
9 113
10 825
-
-
Dividends
173 172
205 675
-
-
health
12 087
14 357
-
-
social contributions
23 897
28 384
-
-
withholding
25 975
30 850
-
-
total
61 959
73 591
-
-
Income
216 500
216 500
216 500
216 500
Total tax
83 889
84 416
83 067
77 463
After tax
132 611
132 084
133 433
139 037
Living cost
21 398
21 398
21 398
21 398
Free-cash
111 213
110 686
112 035
117 639

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83865
₽82300
₽75524
₽21315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
chamber of commerce
-
-
-
866
income
-
-
-
67 337
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
105 419
Employee
50 431
40 215
177 986
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
56 226
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
77 576
-
Employer
50 431
40 215
177 986
-
accident
655
523
1 532
-
other
2 396
1 909
7 943
-
chamber of commerce
201
161
712
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 339
-
health
1 905
1 520
4 456
-
total
14 711
11 772
38 513
-
Corporate
151 358
164 512
174 156
-
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.

37 840
41 128
43 539
-
total
37 840
41 128
43 539
-
Dividends
113 518
123 384
-
-
withholding
31 218
33 930
-
-
total
31 218
33 930
-
-
Income
216 500
216 500
216 500
216 500
Total tax
98 643
97 078
159 628
105 419
After tax
117 857
119 422
56 872
111 081
Living cost
35 557
35 557
35 557
35 557
Free-cash
82 300
83 865
21 315
75 524

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82600
₽69073
₽57318
₽37268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
national
-
-
-
85 749
communal

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

-
-
-
11 480
social contributions
-
-
-
25 159
total
-
-
-
122 388
Employee

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

72 183
-
167 687
-
communal

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

3 765
-
8 746
-
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.

3 391
-
7 882
-
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.

5 414
-
12 576
-
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.

628
-
1 459
-
national
22 192
-
62 963
-
total
35 390
-
93 626
-
Employer

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

72 183
-
167 687
-
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.

938
-
2 181
-
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.

1 053
-
2 447
-
surtax
8 185
-
19 016
-
pensions

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

6 396
-
14 856
-
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.

4 439
-
10 312
-
total
21 011
-
48 812
-
Corporate
123 306
216 500
-
-
surtax
494
912
-
-
income
24 661
45 550
-
-
total
25 155
46 462
-
-
Dividends
98 151
170 039
-
-
withholding

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

29 077
50 644
-
-
total
29 077
50 644
-
-
Income
216 500
216 500
216 500
216 500
Total tax
110 633
97 106
142 438
122 388
After tax
105 867
119 394
74 062
94 112
Living cost
36 794
36 794
36 794
36 794
Free-cash
69 073
82 600
37 268
57 318

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107403
₽100488
₽84622
₽80387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
843
income
-
-
-
67 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
95 435
Employee
50 231
-
186 682
-
other
50
-
94
-
income
10 598
-
63 910
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
69 851
-
Employer
50 231
-
186 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
150 258
216 500
-
-
income

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

22 539
32 474
-
-
total
22 539
32 474
-
-
Dividends
127 718
184 026
-
-
withholding
27 231
40 180
-
-
total
27 231
40 180
-
-
Income
216 500
216 500
216 500
216 500
Total tax
79 569
72 654
99 670
95 435
After tax
136 931
143 846
116 830
121 065
Living cost
36 443
36 443
36 443
36 443
Free-cash
100 488
107 403
80 387
84 622

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68635
₽54808
₽47859
₽56493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
1 825
income
-
-
-
39 896
pensions
-
-
-
32 451
health
-
-
-
15 213
surtax
-
-
-
10 734
communal
-
-
-
13 683
total
-
-
-
113 802
Employee
76 419
-
193 390
-
health
3 401
-
8 606
-
surtax
4 684
-
11 852
-
income
7 381
-
46 129
-
pensions
6 113
-
15 471
-
total
21 579
-
82 058
-
Employer
76 419
-
193 390
-
accident
687
-
1 741
-
pensions
6 113
-
15 471
-
health
2 331
-
5 898
-
total
9 131
-
23 110
-
Corporate
130 950
216 500
-
-
surtax
1 375
2 273
-
-
communal
8 840
14 613
-
-
income
19 642
32 474
-
-
total
29 857
49 360
-
-
Dividends
101 093
167 139
-
-
income
31 121
18 595
-
-
withholding
15 165
25 071
-
-
total
46 286
43 666
-
-
Income
216 500
216 500
216 500
216 500
Total tax
106 853
93 026
105 168
113 802
After tax
109 647
123 474
111 332
102 698
Living cost
54 839
54 839
54 839
54 839
Free-cash
54 808
68 635
56 493
47 859

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113514
₽110303
₽79273
₽73101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
66 726
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 107
total
-
-
-
114 561
Employee
33 983
-
188 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
9 900
-
income
5 697
-
60 692
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
92 383
-
Employer
33 983
-
188 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
175 362
216 500
-
-
income
45 594
56 289
-
-
total
45 594
56 289
-
-
Dividends
129 768
160 211
-
-
withholding
19 466
24 031
-
-
total
19 466
24 031
-
-
Income
216 500
216 500
216 500
216 500
Total tax
83 531
80 320
120 733
114 561
After tax
132 969
136 180
95 767
101 939
Living cost
22 666
22 666
22 666
22 666
Free-cash
110 303
113 514
73 101
79 273

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86615
₽84372
₽75817
₽67303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
1 327
regional
-
-
-
3 369
national
-
-
-
58 298
social contributions
-
-
-
50 506
total
-
-
-
113 500
Employee
55 977
-
216 500
-
social contributions
18 876
-
66 215
-
regional
754
-
3 052
-
municipal
297
-
1 203
-
national
8 868
-
51 544
-
total
28 795
-
122 014
-
Employer
55 977
-
216 500
-
total
-
-
-
-
Corporate
160 523
216 500
-
-
nationa
38 526
51 959
-
-
municipal
7 978
10 760
-
-
total
46 504
62 719
-
-
Dividends
114 019
153 780
-
-
withholding
29 646
39 983
-
-
total
29 646
39 983
-
-
Income
216 500
216 500
216 500
216 500
Total tax
104 945
102 702
122 014
113 500
After tax
111 555
113 798
94 486
103 000
Living cost
27 183
27 183
27 183
27 183
Free-cash
84 372
86 615
67 303
75 817

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119280
₽108656
₽97504
₽88100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
22 875
health
-
-
-
29 228
solidarity contribution
-
-
-
2 338
social contributions
-
-
-
34 775
total
-
-
-
89 216
Employee
43 794
-
171 309
-
social contributions
2 847
-
7 741
-
health
5 912
-
23 127
-
solidarity contribution
-
-
1 494
-
income
5 255
-
21 066
-
total
14 014
-
53 428
-
Employer
43 794
-
171 309
-
social contributions
10 949
-
29 774
-
health
3 941
-
15 418
-
total
14 890
-
45 192
-
Corporate
157 816
216 500
-
-
income
29 985
41 135
-
-
total
29 985
41 135
-
-
Dividends
127 831
175 365
-
-
withholding
19 175
26 305
-
-
total
19 175
26 305
-
-
Income
216 500
216 500
216 500
216 500
Total tax
78 064
67 440
98 620
89 216
After tax
138 436
149 060
117 880
127 284
Living cost
29 780
29 780
29 780
29 780
Free-cash
108 656
119 280
88 100
97 504

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87335
₽86834
₽79086
₽24727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
chamber of commerce
-
-
-
866
income
-
-
-
67 337
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
105 220
Employee
44 111
40 215
178 172
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
56 316
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
77 666
-
Employer
44 111
40 215
178 172
-
accident
573
523
1 532
-
other
2 095
1 909
7 951
-
chamber of commerce
176
161
712
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 345
-
health
1 668
1 520
4 456
-
total
12 694
11 573
38 328
-
Corporate
159 694
164 711
174 342
-
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.

39 924
41 178
43 585
-
total
39 924
41 178
43 585
-
Dividends
119 771
123 533
-
-
withholding
32 938
33 972
-
-
total
32 938
33 972
-
-
Income
216 500
216 500
216 500
216 500
Total tax
97 472
96 971
159 579
105 220
After tax
119 028
119 529
56 921
111 280
Living cost
32 194
32 194
32 194
32 194
Free-cash
86 834
87 335
24 727
79 086

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191526
₽188873
₽200186
₽159051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
216 500
microenterprise

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

-
-
-
2 165
total
-
-
-
2 165
Employee
17 686
-
216 500
-
income
3 537
-
43 300
-
total
3 537
-
43 300
-
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%.

198 814
216 500
-
-
total
-
-
-
-
Dividends
198 814
216 500
-
-
withholding
9 941
10 825
-
-
total
9 941
10 825
-
-
Income
216 500
216 500
216 500
216 500
Total tax
13 478
10 825
43 300
2 165
After tax
203 022
205 675
173 200
214 335
Living cost
14 149
14 149
14 149
14 149
Free-cash
188 873
191 526
159 051
200 186

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121993
₽113553
₽74555
₽69855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
income
-
-
-
53 709
pensions
-
-
-
39 539
unemployment
-
-
-
326
health
-
-
-
21 304
total
-
-
-
114 878
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.

44 623
-
187 333
-
health
2 882
-
12 103
-
income
7 695
-
49 009
-
pensions
6 917
-
29 037
-
unemployment
63
-
262
-
total
17 557
-
90 411
-
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.

44 623
-
187 333
-
unemployment
27
-
113
-
pensions
3 949
-
16 578
-
health
2 972
-
12 476
-
total
6 948
-
29 167
-
Corporate
164 929
216 500
-
-
income
31 337
41 136
-
-
total
31 337
41 136
-
-
Dividends
133 592
175 364
-
-
withholding
20 038
26 304
-
-
total
20 038
26 304
-
-
Income
216 500
216 500
216 500
216 500
Total tax
75 880
67 440
119 578
114 878
After tax
140 620
149 060
96 922
101 622
Living cost
27 067
27 067
27 067
27 067
Free-cash
113 553
121 993
69 855
74 555

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88154
₽40129
₽106054
₽159652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
42 200
social contributions
-
-
-
24 681
total
-
-
-
66 881
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
65 956
216 500
-
-
income
14 510
47 630
-
-
total
14 510
47 630
-
-
Dividends
51 446
168 870
-
-
income
11 318
37 151
-
-
total
11 318
37 151
-
-
Income
216 500
216 500
216 500
216 500
Total tax
132 806
84 781
13 283
66 881
After tax
83 694
131 719
203 217
149 619
Living cost
43 565
43 565
43 565
43 565
Free-cash
40 129
88 154
159 652
106 054

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91491
₽90476
₽81806
₽65292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
income
-
-
-
27 807
surtax
-
-
-
-
social contributions

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

-
-
-
75 234
total
-
-
-
103 041
Employee
46 411
-
174 949
-
social contributions
5 105
-
19 244
-
surtax
-
-
63
-
income
9 654
-
58 699
-
total
14 759
-
78 006
-
Employer
46 411
-
174 949
-
social contributions
11 023
-
41 549
-
total
11 023
-
41 549
-
Corporate
159 066
216 500
-
-
surtax
-
-
-
-
income
33 403
45 466
-
-
total
33 403
45 466
-
-
Dividends
125 663
171 034
-
-
withholding
35 186
47 890
-
-
total
35 186
47 890
-
-
Income
216 500
216 500
216 500
216 500
Total tax
94 371
93 356
119 555
103 041
After tax
122 129
123 144
96 945
113 459
Living cost
31 653
31 653
31 653
31 653
Free-cash
90 476
91 491
65 292
81 806

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60376
₽67311
₽70642
₽64970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
38 962
pensions
-
-
-
34 913
other
-
-
-
6 712
health
-
-
-
10 364
surtax
-
-
-
-
social contributions
-
-
-
6 168
total
-
-
-
97 119
Employee
63 203
-
165 600
-
social contributions
1 800
-
4 719
-
surtax
-
-
-
-
income
5 515
-
34 844
-
pensions
7 149
-
12 327
-
total
14 464
-
51 890
-
Employer
63 203
-
165 600
-
other
2 181
-
6 807
-
social contributions
190
-
496
-
unemployment
2 560
-
6 706
-
pensions
10 385
-
20 608
-
health
4 424
-
16 284
-
total
19 740
-
50 901
-
Corporate
133 557
216 500
-
-
surtax
-
-
-
-
income
37 396
60 621
-
-
total
37 396
60 621
-
-
Dividends
96 162
155 879
-
-
surtax
-
-
-
-
social contributions
16 540
26 812
-
-
withholding
12 310
19 952
-
-
total
28 850
46 764
-
-
Income
216 500
216 500
216 500
216 500
Total tax
100 450
107 385
102 791
97 119
After tax
116 050
109 115
113 709
119 381
Living cost
48 739
48 739
48 739
48 739
Free-cash
67 311
60 376
64 970
70 642

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164515
₽161126
₽127777
₽133529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
10 758
social contributions
-
-
-
47 631
total
-
-
-
58 389
Employee
32 442
-
187 446
-
income
-
-
11 398
-
social contributions
2 108
-
12 185
-
total
2 108
-
23 583
-
Employer
32 442
-
187 446
-
social contributions
5 029
-
29 054
-
total
5 029
-
29 054
-
Corporate
179 029
216 500
-
-
income
17 903
21 651
-
-
total
17 903
21 651
-
-
Dividends
161 126
194 849
-
-
total
-
-
-
-
Income
216 500
216 500
216 500
216 500
Total tax
25 040
21 651
52 637
58 389
After tax
191 460
194 849
163 863
158 111
Living cost
30 334
30 334
30 334
30 334
Free-cash
161 126
164 515
133 529
127 777

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3458
-₽3458
₽76833
-₽3458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
46 246
pensions
-
-
-
875
national
-
-
-
26 676
labour market
-
-
-
17 250
total
-
-
-
91 047
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
216 500
216 500
216 500
216 500
Total tax
171 338
171 338
171 338
91 047
After tax
45 162
45 162
45 162
125 453
Living cost
48 620
48 620
48 620
48 620
Free-cash
-3 458
-3 458
-3 458
76 833

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4209
₽14202
₽126112
₽97252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
253
income
-
-
-
61 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 643
Employee
34 207
-
197 318
-
health
3 917
-
22 593
-
income
4 693
-
48 074
-
pensions
3 852
-
7 654
-
total
12 462
-
78 321
-
Employer
34 207
-
197 318
-
accident
571
-
3 295
-
unemployment
838
-
4 834
-
pensions
5 562
-
11 053
-
total
6 971
-
19 182
-
Corporate
175 322
216 500
-
-
income

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

157 789
194 850
-
-
total
157 789
194 850
-
-
Dividends
17 532
21 650
-
-
withholding
3 331
4 114
-
-
total
3 331
4 114
-
-
Income
216 500
216 500
216 500
216 500
Total tax
180 553
198 964
97 503
68 643
After tax
35 947
17 536
118 997
147 857
Living cost
21 745
21 745
21 745
21 745
Free-cash
14 202
-4 209
97 252
126 112

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94513
₽97630
₽95268
₽70470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
216 500
municipal
-
-
-
38 445
health
-
-
-
2 913
national
-
-
-
41 131
total
-
-
-
82 489
Employee
53 092
-
182 132
-
health
396
-
2 384
-
municipal
8 696
-
29 650
-
pensions
3 583
-
12 294
-
unemployment
797
-
2 733
-
national
877
-
25 860
-
total
14 349
-
72 921
-
Employer
53 092
-
182 132
-
accident
54
-
182
-
unemployment
345
-
1 183
-
pensions
9 211
-
31 599
-
health
408
-
1 402
-
total
10 018
-
34 366
-
Corporate
153 391
216 500
-
-
income
30 678
43 300
-
-
total
30 678
43 300
-
-
Dividends

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

92 035
129 900
-
-
national
8 515
16 562
-
-
municipal
16 567
23 382
-
-
total
25 082
39 944
-
-
Income
216 500
216 500
216 500
216 500
Total tax
80 127
83 244
107 287
82 489
After tax
136 373
133 256
109 213
134 011
Living cost
38 743
38 743
38 743
38 743
Free-cash
97 630
94 513
70 470
95 268

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134448
₽128955
₽122674
₽120875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
48 614
health
-
-
-
5 521
social contributions
-
-
-
16 327
total
-
-
-
70 462
Employee
77 596
77 596
204 039
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 468
-
income
8 449
7 183
47 647
-
total
11 984
14 942
59 801
-
Employer
77 596
77 596
204 039
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 774
-
total
3 587
7 876
12 460
-
Corporate
177 565
131 027
-
-
income
22 197
16 379
-
-
total
22 197
16 379
-
-
Dividends
155 369
114 649
-
-
withholding
26 413
19 491
-
-
total
26 413
19 491
-
-
Income
216 500
216 500
216 500
216 500
Total tax
64 181
58 688
72 261
70 462
After tax
152 319
157 812
144 239
146 038
Living cost
23 364
23 364
23 364
23 364
Free-cash
128 955
134 448
120 875
122 674

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163262
₽158127
₽168030
₽147791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
216 500
income
-
-
-
22 348
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
32 448
Employee

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

23 163
-
206 638
-
health
1 969
-
8 139
-
income
1 584
-
19 845
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
42 825
-
Employer

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

23 163
-
206 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
190 953
216 500
-
-
income
17 185
19 485
-
-
total
17 185
19 485
-
-
Dividends
173 768
197 015
-
-
withholding
15 640
17 731
-
-
total
15 640
17 731
-
-
Income
216 500
216 500
216 500
216 500
Total tax
42 351
37 216
52 687
32 448
After tax
174 149
179 284
163 813
184 052
Living cost
16 022
16 022
16 022
16 022
Free-cash
158 127
163 262
147 791
168 030

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116096
₽111637
₽93315
₽89080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
843
income
-
-
-
67 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
95 435
Employee
37 313
-
186 682
-
other
36
-
94
-
income
7 194
-
63 910
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
69 851
-
Employer
37 313
-
186 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
167 291
216 500
-
-
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.

25 094
32 474
-
-
total
25 094
32 474
-
-
Dividends
142 197
184 026
-
-
withholding
30 561
40 180
-
-
total
30 561
40 180
-
-
Income
216 500
216 500
216 500
216 500
Total tax
77 113
72 654
99 670
95 435
After tax
139 387
143 846
116 830
121 065
Living cost
27 750
27 750
27 750
27 750
Free-cash
111 637
116 096
89 080
93 315

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132340
₽131886
₽136350
₽136153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
73 926
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
77 394
Employee
4 198
-
214 238
-
health
210
-
503
-
income
812
-
73 820
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
75 329
-
Employer
4 198
-
214 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
211 358
216 500
-
-
income
46 499
47 630
-
-
total
46 499
47 630
-
-
Dividends
164 859
168 870
-
-
withholding
32 972
33 774
-
-
total
32 972
33 774
-
-
Income
216 500
216 500
216 500
216 500
Total tax
81 858
81 404
77 591
77 394
After tax
134 642
135 096
138 909
139 106
Living cost
2 756
2 756
2 756
2 756
Free-cash
131 886
132 340
136 153
136 350

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138968
₽134004
₽120945
₽120946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
income
-
-
-
49 909
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
78 102
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.

26 319
-
203 149
-
health
1 355
-
3 841
-
income
3 628
-
49 909
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
64 751
-
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.

26 319
-
203 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
185 470
216 500
-
-
income
27 821
32 475
-
-
total
27 821
32 475
-
-
Dividends
157 650
184 025
-
-
withholding
23 647
27 604
-
-
total
23 647
27 604
-
-
Income
216 500
216 500
216 500
216 500
Total tax
65 043
60 079
78 101
78 102
After tax
151 457
156 421
138 399
138 398
Living cost
17 453
17 453
17 453
17 453
Free-cash
134 004
138 968
120 946
120 945

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95939
₽95577
₽86254
₽69740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
income
-
-
-
27 807
surtax
-
-
-
-
social contributions

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

-
-
-
75 234
total
-
-
-
103 041
Employee
39 166
-
174 949
-
social contributions
4 309
-
19 244
-
surtax
-
-
63
-
income
7 653
-
58 699
-
total
11 962
-
78 006
-
Employer
39 166
-
174 949
-
social contributions
9 301
-
41 549
-
total
9 301
-
41 549
-
Corporate
168 033
216 500
-
-
surtax
-
-
-
-
income
35 287
45 466
-
-
total
35 287
45 466
-
-
Dividends
132 745
171 034
-
-
withholding
37 168
47 890
-
-
total
37 168
47 890
-
-
Income
216 500
216 500
216 500
216 500
Total tax
93 718
93 356
119 555
103 041
After tax
122 782
123 144
96 945
113 459
Living cost
27 205
27 205
27 205
27 205
Free-cash
95 577
95 939
69 740
86 254

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108381
₽101775
₽85600
₽81365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
843
income
-
-
-
67 374
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
95 435
Employee
48 736
-
186 682
-
other
48
-
94
-
income
10 179
-
63 910
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
69 851
-
Employer
48 736
-
186 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
152 226
216 500
-
-
income

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

22 834
32 474
-
-
total
22 834
32 474
-
-
Dividends
129 392
184 026
-
-
withholding
27 616
40 180
-
-
total
27 616
40 180
-
-
Income
216 500
216 500
216 500
216 500
Total tax
79 260
72 654
99 670
95 435
After tax
137 240
143 846
116 830
121 065
Living cost
35 465
35 465
35 465
35 465
Free-cash
101 775
108 381
81 365
85 600

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
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.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167736
₽161583
₽157237
₽166143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
32 475
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
41 892
Employee
23 001
-
209 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
20 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
26 065
-
Employer
23 001
-
209 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
188 986
216 500
-
-
income
18 899
21 650
-
-
total
18 899
21 650
-
-
Dividends
170 087
194 850
-
-
withholding
8 504
9 743
-
-
total
8 504
9 743
-
-
Income
216 500
216 500
216 500
216 500
Total tax
37 546
31 393
32 986
41 892
After tax
178 954
185 107
183 514
174 608
Living cost
17 371
17 371
17 371
17 371
Free-cash
161 583
167 736
166 143
157 237

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72399
₽85600
₽71177
₽95513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
trade
-
-
-
24 336
income

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

-
-
-
71 218
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.

-
-
-
6 894
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.

-
-
-
3 916
total
-
-
-
106 364
Employee

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

50 210
-
216 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
3 916
-
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.

4 129
-
71 218
-
total
11 251
-
82 028
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 290
216 500
-
-
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.

1 371
1 787
-
-
income
24 943
32 474
-
-
trade
23 863
31 067
-
-
chamber of commerce
396
471
-
-
total
50 573
65 799
-
-
Dividends
115 717
150 701
-
-
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.

1 570
2 051
-
-
withholding
28 547
37 292
-
-
total
30 117
39 343
-
-
Income
216 500
216 500
216 500
216 500
Total tax
91 941
105 142
82 028
106 364
After tax
124 559
111 358
134 472
110 136
Living cost
38 959
38 959
38 959
38 959
Free-cash
85 600
72 399
95 513
71 177

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94065
₽96295
₽52080
₽52080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
69 920
social contributions
-
-
-
37 016
total
-
-
-
106 936
Employee
78 935
-
216 500
-
income
14 895
-
69 920
-
social contributions
6 558
-
37 016
-
total
21 453
-
106 936
-
Employer
78 935
-
216 500
-
total
-
-
-
-
Corporate
137 565
216 500
-
-
income
17 195
27 063
-
-
total
17 195
27 063
-
-
Dividends
120 370
189 437
-
-
withholding
24 073
37 888
-
-
total
24 073
37 888
-
-
Income
216 500
216 500
216 500
216 500
Total tax
62 721
64 951
106 936
106 936
After tax
153 779
151 549
109 564
109 564
Living cost
57 484
57 484
57 484
57 484
Free-cash
96 295
94 065
52 080
52 080

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98764
₽102290
₽140654
₽114939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
income
-
-
-
32 474
health

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

-
-
-
6 741
total
-
-
-
39 215
Employee
46 292
-
211 858
-
income
5 023
-
55 646
-
social contributions
4 638
-
4 642
-
total
9 661
-
60 288
-
Employer
46 292
-
211 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
165 570
216 500
-
-
income
57 949
75 774
-
-
total
57 949
75 774
-
-
Dividends
107 620
140 726
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
216 500
216 500
216 500
216 500
Total tax
77 579
81 105
64 930
39 215
After tax
138 921
135 395
151 570
177 285
Living cost
36 631
36 631
36 631
36 631
Free-cash
102 290
98 764
114 939
140 654

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99993
₽105990
₽103089
₽83704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
income
-
-
-
65 925
pensions
-
-
-
9 873
total
-
-
-
75 798
Employee
51 629
-
188 774
-
health
673
-
2 590
-
income
9 402
-
53 002
-
pensions
3 941
-
11 864
-
total
14 016
-
67 456
-
Employer
51 629
-
188 774
-
pensions
5 216
-
24 141
-
health
981
-
3 586
-
total
6 197
-
27 727
-
Corporate
158 674
216 500
-
-
income

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

30 148
41 136
-
-
total
30 148
41 136
-
-
Dividends
128 526
175 364
-
-
withholding
22 536
37 758
-
-
total
22 536
37 758
-
-
Income
216 500
216 500
216 500
216 500
Total tax
72 897
78 894
95 183
75 798
After tax
143 603
137 606
121 317
140 702
Living cost
37 613
37 613
37 613
37 613
Free-cash
105 990
99 993
83 704
103 089

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6362
₽13872
₽123959
₽95099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
accident
-
-
-
253
income
-
-
-
61 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
68 643
Employee
37 593
-
197 318
-
health
4 304
-
22 593
-
income
5 157
-
48 074
-
pensions
4 233
-
7 654
-
total
13 694
-
78 321
-
Employer
37 593
-
197 318
-
accident
628
-
3 295
-
unemployment
921
-
4 834
-
pensions
6 112
-
11 053
-
total
7 661
-
19 182
-
Corporate
171 246
216 500
-
-
income

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

154 121
194 850
-
-
total
154 121
194 850
-
-
Dividends
17 125
21 650
-
-
withholding
3 254
4 114
-
-
total
3 254
4 114
-
-
Income
216 500
216 500
216 500
216 500
Total tax
178 730
198 964
97 503
68 643
After tax
37 770
17 536
118 997
147 857
Living cost
23 898
23 898
23 898
23 898
Free-cash
13 872
-6 362
95 099
123 959

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151992
₽148938
₽122206
₽144398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
216 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
36 281
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
80 663
Employee

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

21 810
-
216 500
-
work injury
109
-
403
-
income
2 181
-
36 281
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
58 471
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 690
216 500
-
-
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%.

19 469
21 650
-
-
total
19 469
21 650
-
-
Dividends
175 221
194 850
-
-
withholding
26 283
29 227
-
-
total
26 283
29 227
-
-
Income
216 500
216 500
216 500
216 500
Total tax
53 931
50 877
58 471
80 663
After tax
162 569
165 623
158 029
135 837
Living cost
13 631
13 631
13 631
13 631
Free-cash
148 938
151 992
144 398
122 206

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73838
₽69247
₽60810
₽52520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
216 500
municipal
-
-
-
1 494
regional
-
-
-
5 191
national
-
-
-
58 298
social contributions
-
-
-
50 506
total
-
-
-
115 489
Employee
85 034
-
216 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 668
-
municipal
507
-
1 352
-
national
14 370
-
51 544
-
total
44 834
-
123 779
-
Employer
85 034
-
216 500
-
total
-
-
-
-
Corporate
131 466
216 500
-
-
nationa
31 551
51 959
-
-
municipal
6 337
10 435
-
-
total
37 888
62 394
-
-
Dividends
93 578
154 106
-
-
withholding
24 330
40 067
-
-
total
24 330
40 067
-
-
Income
216 500
216 500
216 500
216 500
Total tax
107 052
102 461
123 779
115 489
After tax
109 448
114 039
92 721
101 011
Living cost
40 201
40 201
40 201
40 201
Free-cash
69 247
73 838
52 520
60 810

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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