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
₽ 217500
per

Your estimated
City
free-cash

Dresden , Germany
₽79208
₽90318
₽77636
₽104537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
trade
-
-
-
26 901
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.

-
-
-
71 731
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.

-
-
-
6 862
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.

-
-
-
3 946
total
-
-
-
109 440
Employee

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

38 418
-
217 500
-
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.

6 862
-
6 862
-
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
-
3 946
-
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.

1 073
-
71 731
-
total
7 994
-
82 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 082
217 500
-
-
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.

1 477
1 794
-
-
income
26 863
32 625
-
-
trade
28 205
34 257
-
-
chamber of commerce
410
465
-
-
total
56 955
69 141
-
-
Dividends
122 128
148 360
-
-
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.

1 658
2 019
-
-
withholding
30 151
36 708
-
-
total
31 809
38 727
-
-
Income
217 500
217 500
217 500
217 500
Total tax
96 758
107 868
82 539
109 440
After tax
120 742
109 632
134 961
108 060
Living cost
30 423
30 423
30 423
30 423
Free-cash
90 318
79 208
104 537
77 636

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85037
₽84194
₽73756
₽74924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
24 120
pensions
-
-
-
26 100
national
-
-
-
40 503
social contributions
-
-
-
2 338
total
-
-
-
93 061
Employee
78 568
-
188 027
-
municipal
9 704
-
24 962
-
pensions
3 143
-
7 521
-
national
15 038
-
42 347
-
total
27 885
-
74 830
-
Employer
78 568
-
188 027
-
social contributions
845
-
2 021
-
pensions
6 285
-
15 042
-
total
7 130
-
17 063
-
Corporate
126 617
217 500
-
-
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%.

25 323
43 500
-
-
total
25 323
43 500
-
-
Dividends
101 293
174 000
-
-
withholding
22 285
38 280
-
-
total
22 285
38 280
-
-
Income
217 500
217 500
217 500
217 500
Total tax
82 623
81 780
91 893
93 061
After tax
134 877
135 720
125 607
124 439
Living cost
50 683
50 683
50 683
50 683
Free-cash
84 194
85 037
74 924
73 756

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153104
₽144863
₽57645
₽73220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
microenterprise
-
-
-
-
income
-
-
-
45 012
surtax
-
-
-
55 462
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.

-
-
-
38 484
total
-
-
-
138 958
Employee
29 350
-
169 966
-
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.

3 229
-
13 167
-
surtax
-
-
24 646
-
income
5 225
-
38 036
-
total
8 454
-
75 849
-
Employer
29 350
-
169 966
-
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.

7 070
-
28 837
-
surtax
-
-
18 697
-
total
7 070
-
47 534
-
Corporate
181 080
217 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

36 216
43 499
-
-
total
36 216
43 499
-
-
Dividends

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

144 864
174 001
-
-
total
-
-
-
-
Income
217 500
217 500
217 500
217 500
Total tax
51 740
43 499
123 383
138 958
After tax
165 760
174 001
94 117
78 542
Living cost
20 897
20 897
20 897
20 897
Free-cash
144 863
153 104
73 220
57 645

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66212
₽60057
₽75178
₽97041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
76 091
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
100 245
Employee
85 775
85 775
198 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
35 562
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
59 716
-
Employer
85 775
85 775
198 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
117 757
116 705
-
-
income
23 552
23 340
-
-
total
23 552
23 340
-
-
Dividends
94 206
93 365
-
-
income
20 020
19 841
-
-
withholding
14 130
14 004
-
-
total
34 150
33 845
-
-
Income
217 500
217 500
217 500
217 500
Total tax
115 366
109 211
78 382
100 245
After tax
102 134
108 289
139 118
117 255
Living cost
42 077
42 077
42 077
42 077
Free-cash
60 057
66 212
97 041
75 178

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79794
₽78920
₽69917
₽68972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
57 482
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
26 403
total
-
-
-
108 622
Employee
55 516
-
190 671
-
municipal
16 555
-
56 858
-
national
-
-
25 880
-
total
16 555
-
82 738
-
Employer
55 516
-
190 671
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
144 541
217 500
-
-
income
31 799
47 850
-
-
total
31 799
47 850
-
-
Dividends
112 742
169 650
-
-
withholding
33 822
50 895
-
-
total
33 822
50 895
-
-
Income
217 500
217 500
217 500
217 500
Total tax
99 619
98 745
109 567
108 622
After tax
117 881
118 755
107 933
108 878
Living cost
38 961
38 961
38 961
38 961
Free-cash
78 920
79 794
68 972
69 917

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69057
₽83169
₽67407
₽95503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
trade
-
-
-
28 096
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.

-
-
-
71 731
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.

-
-
-
6 862
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.

-
-
-
3 946
total
-
-
-
110 635
Employee

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

50 937
-
217 500
-
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.

6 862
-
6 862
-
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.

240
-
3 946
-
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.

4 376
-
71 731
-
total
11 478
-
82 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 563
217 500
-
-
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.

1 374
1 794
-
-
income
24 985
32 625
-
-
trade
27 400
35 779
-
-
chamber of commerce
389
461
-
-
total
54 148
70 659
-
-
Dividends
112 414
146 841
-
-
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.

1 525
1 998
-
-
withholding
27 722
36 328
-
-
total
29 247
38 326
-
-
Income
217 500
217 500
217 500
217 500
Total tax
94 873
108 985
82 539
110 635
After tax
122 627
108 515
134 961
106 865
Living cost
39 458
39 458
39 458
39 458
Free-cash
83 169
69 057
95 503
67 407

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125957
₽121792
₽114050
₽112248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
49 073
health
-
-
-
5 547
social contributions
-
-
-
16 251
total
-
-
-
70 871
Employee
77 236
77 236
205 061
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 486
-
income
8 110
7 150
48 102
-
total
12 631
14 873
60 234
-
Employer
77 236
77 236
205 061
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 793
-
total
4 590
7 840
12 439
-
Corporate
167 700
132 424
-
-
income
20 963
16 553
-
-
total
20 963
16 553
-
-
Dividends
146 736
115 871
-
-
withholding
24 945
19 698
-
-
total
24 945
19 698
-
-
Income
217 500
217 500
217 500
217 500
Total tax
63 129
58 964
72 673
70 871
After tax
154 371
158 536
144 827
146 629
Living cost
32 579
32 579
32 579
32 579
Free-cash
121 792
125 957
112 248
114 050

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103862
₽104243
₽132441
₽107853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
26 589
pensions
-
-
-
21 750
unemployment
-
-
-
3 263
health
-
-
-
15 225
total
-
-
-
66 827
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.

26 319
10 475
182 008
-
health
1 842
733
12 741
-
income
3 217
1 281
22 251
-
pensions
2 632
1 047
18 201
-
unemployment
395
157
2 730
-
total
8 086
3 218
55 923
-
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.

26 319
10 475
182 008
-
pensions
5 132
2 043
35 492
-
total
5 132
2 043
35 492
-
Corporate
186 049
204 983
-
-
income
16 744
18 448
-
-
total
16 744
18 448
-
-
Dividends
169 304
186 534
-
-
social contributions
32 895
36 255
-
-
withholding
32 168
35 442
-
-
total
65 063
71 697
-
-
Income
217 500
217 500
217 500
217 500
Total tax
95 025
95 406
91 415
66 827
After tax
122 475
122 094
126 085
150 673
Living cost
18 232
18 232
18 232
18 232
Free-cash
104 243
103 862
107 853
132 441

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149740
₽143498
₽92321
₽101101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
29 144
pensions
-
-
-
43 499
health
-
-
-
28 275
total
-
-
-
100 918
Employee
28 494
-
162 557
-
income
3 208
-
31 340
-
pensions
570
-
3 252
-
unemployment
456
-
2 602
-
total
4 234
-
37 194
-
Employer
28 494
-
162 557
-
unemployment
229
-
1 300
-
pensions
5 699
-
32 511
-
health
3 704
-
21 133
-
total
9 632
-
54 944
-
Corporate
179 374
217 500
-
-
income
35 875
43 499
-
-
total
35 875
43 499
-
-
Dividends
143 499
174 001
-
-
total
-
-
-
-
Income
217 500
217 500
217 500
217 500
Total tax
49 741
43 499
92 138
100 918
After tax
167 759
174 001
125 362
116 582
Living cost
24 261
24 261
24 261
24 261
Free-cash
143 498
149 740
101 101
92 321

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4426
₽14236
₽126493
₽97538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
253
income
-
-
-
61 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
68 963
Employee
34 676
-
198 291
-
health
3 970
-
22 704
-
income
4 757
-
48 360
-
pensions
3 905
-
7 645
-
total
12 632
-
78 709
-
Employer
34 676
-
198 291
-
accident
579
-
3 312
-
unemployment
850
-
4 858
-
pensions
5 639
-
11 039
-
total
7 068
-
19 209
-
Corporate
175 757
217 500
-
-
income

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

158 181
195 750
-
-
total
158 181
195 750
-
-
Dividends
17 576
21 750
-
-
withholding
3 339
4 132
-
-
total
3 339
4 132
-
-
Income
217 500
217 500
217 500
217 500
Total tax
181 220
199 882
97 918
68 963
After tax
36 280
17 618
119 582
148 537
Living cost
22 044
22 044
22 044
22 044
Free-cash
14 236
-4 426
97 538
126 493

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197525
₽195819
₽206225
₽164900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
217 500
microenterprise

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

-
-
-
2 175
total
-
-
-
2 175
Employee
11 374
-
217 500
-
income
2 275
-
43 500
-
total
2 275
-
43 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

206 126
217 500
-
-
total
-
-
-
-
Dividends
206 126
217 500
-
-
withholding
10 306
10 875
-
-
total
10 306
10 875
-
-
Income
217 500
217 500
217 500
217 500
Total tax
12 581
10 875
43 500
2 175
After tax
204 919
206 625
174 000
215 325
Living cost
9 100
9 100
9 100
9 100
Free-cash
195 819
197 525
164 900
206 225

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133034
₽126250
₽102636
₽100820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
37 466
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.

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
88 100
Employee
36 470
-
178 802
-
health
511
-
2 139
-
income
6 279
-
36 860
-
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.

2 552
-
10 691
-
unemployment
364
-
1 527
-
total
9 706
-
51 217
-
Employer
36 470
-
178 802
-
accident
292
-
1 430
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
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.

6 201
-
25 967
-
health
511
-
2 139
-
total
9 192
-
38 699
-
Corporate
171 839
217 500
-
-
income
36 086
45 674
-
-
total
36 086
45 674
-
-
Dividends
135 752
171 826
-
-
withholding
9 502
12 028
-
-
total
9 502
12 028
-
-
Income
217 500
217 500
217 500
217 500
Total tax
64 486
57 702
89 916
88 100
After tax
153 014
159 798
127 584
129 400
Living cost
26 764
26 764
26 764
26 764
Free-cash
126 250
133 034
100 820
102 636

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70876
₽78954
₽74065
₽54604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
66 492
pensions
-
-
-
9 842
total
-
-
-
76 334
Employee
94 938
-
189 621
-
health
1 564
-
2 590
-
income
17 114
-
53 517
-
pensions
9 159
-
11 809
-
total
27 837
-
67 916
-
Employer
94 938
-
189 621
-
pensions
11 209
-
24 275
-
health
1 803
-
3 604
-
total
13 012
-
27 879
-
Corporate
109 550
217 500
-
-
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.

20 815
41 324
-
-
total
20 815
41 324
-
-
Dividends
88 735
176 176
-
-
withholding
9 781
38 199
-
-
total
9 781
38 199
-
-
Income
217 500
217 500
217 500
217 500
Total tax
71 445
79 523
95 795
76 334
After tax
146 055
137 977
121 705
141 166
Living cost
67 101
67 101
67 101
67 101
Free-cash
78 954
70 876
54 604
74 065

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽172795
₽168130
₽162341
₽171307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
32 625
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
41 991
Employee
17 436
-
210 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
21 062
-
pensions

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

1 531
-
3 080
-
total
4 268
-
26 142
-
Employer
17 436
-
210 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
196 643
217 500
-
-
income
19 664
21 750
-
-
total
19 664
21 750
-
-
Dividends
176 979
195 750
-
-
withholding
8 849
9 787
-
-
total
8 849
9 787
-
-
Income
217 500
217 500
217 500
217 500
Total tax
36 202
31 537
33 025
41 991
After tax
181 298
185 963
184 475
175 509
Living cost
13 168
13 168
13 168
13 168
Free-cash
168 130
172 795
171 307
162 341

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52592
₽55117
₽61558
₽83421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
76 091
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
100 245
Employee
93 124
85 775
198 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
35 562
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
59 716
-
Employer
93 124
85 775
198 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
108 071
116 705
-
-
income
21 615
23 340
-
-
total
21 615
23 340
-
-
Dividends
86 456
93 365
-
-
income
18 371
19 841
-
-
withholding
12 969
14 004
-
-
total
31 340
33 845
-
-
Income
217 500
217 500
217 500
217 500
Total tax
106 686
109 211
78 382
100 245
After tax
110 814
108 289
139 118
117 255
Living cost
55 697
55 697
55 697
55 697
Free-cash
55 117
52 592
83 421
61 558

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125729
₽117160
₽104054
₽94577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
23 036
health
-
-
-
29 362
solidarity contribution
-
-
-
2 464
social contributions
-
-
-
34 564
total
-
-
-
89 426
Employee
35 324
-
172 392
-
social contributions
2 296
-
7 694
-
health
4 769
-
23 273
-
solidarity contribution
-
-
1 614
-
income
4 239
-
21 214
-
total
11 304
-
53 795
-
Employer
35 324
-
172 392
-
social contributions
8 831
-
29 593
-
health
3 179
-
15 515
-
total
12 010
-
45 108
-
Corporate
170 166
217 500
-
-
income
32 331
41 325
-
-
total
32 331
41 325
-
-
Dividends
137 834
176 175
-
-
withholding
20 675
26 426
-
-
total
20 675
26 426
-
-
Income
217 500
217 500
217 500
217 500
Total tax
76 320
67 751
98 903
89 426
After tax
141 180
149 749
118 597
128 074
Living cost
24 020
24 020
24 020
24 020
Free-cash
117 160
125 729
94 577
104 054

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73661
₽68416
₽61906
₽53393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
1 338
regional
-
-
-
2 711
national
-
-
-
58 889
social contributions
-
-
-
50 272
total
-
-
-
113 210
Employee
89 268
-
217 500
-
social contributions
30 101
-
65 907
-
regional
842
-
2 438
-
municipal
473
-
1 212
-
national
15 468
-
52 166
-
total
46 884
-
121 723
-
Employer
89 268
-
217 500
-
total
-
-
-
-
Corporate
128 232
217 500
-
-
nationa
30 776
52 201
-
-
municipal
5 002
8 482
-
-
total
35 778
60 683
-
-
Dividends
92 454
156 817
-
-
withholding
24 038
40 772
-
-
total
24 038
40 772
-
-
Income
217 500
217 500
217 500
217 500
Total tax
106 700
101 455
121 723
113 210
After tax
110 800
116 045
95 777
104 290
Living cost
42 384
42 384
42 384
42 384
Free-cash
68 416
73 661
53 393
61 906

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114643
₽111518
₽80223
₽74081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
67 320
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
11 236
total
-
-
-
115 113
Employee
33 216
-
189 282
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
10 034
-
income
5 568
-
61 312
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 330
-
total
11 052
-
93 036
-
Employer
33 216
-
189 282
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
177 292
217 500
-
-
income
46 095
56 550
-
-
total
46 095
56 550
-
-
Dividends
131 197
160 950
-
-
withholding
19 679
24 143
-
-
total
19 679
24 143
-
-
Income
217 500
217 500
217 500
217 500
Total tax
83 818
80 693
121 255
115 113
After tax
133 682
136 807
96 245
102 387
Living cost
22 164
22 164
22 164
22 164
Free-cash
111 518
114 643
74 081
80 223

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92135
₽98763
₽95324
₽75863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
66 492
pensions
-
-
-
9 842
total
-
-
-
76 334
Employee
63 625
-
189 621
-
health
924
-
2 590
-
income
11 459
-
53 517
-
pensions
5 400
-
11 809
-
total
17 783
-
67 916
-
Employer
63 625
-
189 621
-
pensions
6 887
-
24 275
-
health
1 209
-
3 604
-
total
8 096
-
27 879
-
Corporate
145 779
217 500
-
-
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.

27 698
41 324
-
-
total
27 698
41 324
-
-
Dividends
118 082
176 176
-
-
withholding
19 318
38 199
-
-
total
19 318
38 199
-
-
Income
217 500
217 500
217 500
217 500
Total tax
72 895
79 523
95 795
76 334
After tax
144 605
137 977
121 705
141 166
Living cost
45 842
45 842
45 842
45 842
Free-cash
98 763
92 135
75 863
95 324

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23065
₽55752
₽96527
₽88319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
city
-
-
-
2 292
pensions
-
-
-
20 009
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.

-
-
-
4 350
regional
-
-
-
12 034
health
-
-
-
489
national
-
-
-
5 405
total
-
-
-
44 579
Employee
89 401
-
195 601
-
city
959
-
2 113
-
regional
2 927
-
10 680
-
health
202
-
440
-
pensions
7 511
-
15 395
-
unemployment
-
-
-
-
national
423
-
4 412
-
total
12 022
-
33 040
-
Employer
89 401
-
195 601
-
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.

1 787
-
3 912
-
unemployment
-
-
-
-
pensions
7 511
-
15 395
-
health
202
-
440
-
total
9 500
-
19 747
-
Corporate
117 616
217 500
-
-
regional
24 875
46 001
-
-
national
9 997
18 487
-
-
total
34 872
64 488
-
-
Dividends
82 743
153 012
-
-
withholding
28 960
53 553
-
-
total
28 960
53 553
-
-
Income
217 500
217 500
217 500
217 500
Total tax
85 354
118 041
52 787
44 579
After tax
132 146
99 459
164 713
172 921
Living cost
76 394
76 394
76 394
76 394
Free-cash
55 752
23 065
88 319
96 527

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61381
₽77669
₽59654
₽88947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
trade
-
-
-
29 293
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.

-
-
-
71 731
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.

-
-
-
6 862
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.

-
-
-
3 946
total
-
-
-
111 832
Employee

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

60 365
-
217 500
-
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.

6 862
-
6 862
-
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.

391
-
3 946
-
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.

7 098
-
71 731
-
total
14 351
-
82 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 135
217 500
-
-
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.

1 296
1 794
-
-
income
23 571
32 625
-
-
trade
26 949
37 301
-
-
chamber of commerce
374
459
-
-
total
52 190
72 179
-
-
Dividends
104 946
145 322
-
-
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.

1 422
1 977
-
-
withholding
25 854
35 949
-
-
total
27 276
37 926
-
-
Income
217 500
217 500
217 500
217 500
Total tax
93 817
110 105
82 539
111 832
After tax
123 683
107 395
134 961
105 668
Living cost
46 014
46 014
46 014
46 014
Free-cash
77 669
61 381
88 947
59 654

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75255
₽81186
₽85387
₽79556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
39 429
pensions
-
-
-
34 915
other
-
-
-
6 742
health
-
-
-
10 463
surtax
-
-
-
-
social contributions
-
-
-
6 199
total
-
-
-
97 748
Employee
42 988
-
166 270
-
social contributions
1 226
-
4 739
-
surtax
-
-
-
-
income
2 537
-
35 199
-
pensions
4 861
-
12 414
-
total
8 624
-
52 352
-
Employer
42 988
-
166 270
-
other
1 483
-
6 849
-
social contributions
130
-
499
-
unemployment
1 740
-
6 734
-
pensions
7 062
-
20 749
-
health
3 010
-
16 396
-
total
13 425
-
51 227
-
Corporate
161 087
217 500
-
-
surtax
-
-
-
-
income
45 104
60 900
-
-
total
45 104
60 900
-
-
Dividends
115 983
156 600
-
-
surtax
-
-
-
-
social contributions
19 949
26 935
-
-
withholding
14 847
20 045
-
-
total
34 796
46 980
-
-
Income
217 500
217 500
217 500
217 500
Total tax
101 949
107 880
103 579
97 748
After tax
115 551
109 620
113 921
119 752
Living cost
34 365
34 365
34 365
34 365
Free-cash
81 186
75 255
79 556
85 387

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78660
₽84242
₽88792
₽82961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
39 429
pensions
-
-
-
34 915
other
-
-
-
6 742
health
-
-
-
10 463
surtax
-
-
-
-
social contributions
-
-
-
6 199
total
-
-
-
97 748
Employee
38 373
-
166 270
-
social contributions
1 094
-
4 739
-
surtax
-
-
-
-
income
1 979
-
35 199
-
pensions
4 340
-
12 414
-
total
7 413
-
52 352
-
Employer
38 373
-
166 270
-
other
1 325
-
6 849
-
social contributions
114
-
499
-
unemployment
1 553
-
6 734
-
pensions
6 305
-
20 749
-
health
2 686
-
16 396
-
total
11 983
-
51 227
-
Corporate
167 143
217 500
-
-
surtax
-
-
-
-
income
46 801
60 900
-
-
total
46 801
60 900
-
-
Dividends
120 343
156 600
-
-
surtax
-
-
-
-
social contributions
20 698
26 935
-
-
withholding
15 403
20 045
-
-
total
36 101
46 980
-
-
Income
217 500
217 500
217 500
217 500
Total tax
102 298
107 880
103 579
97 748
After tax
115 202
109 620
113 921
119 752
Living cost
30 960
30 960
30 960
30 960
Free-cash
84 242
78 660
82 961
88 792

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111399
₽111918
₽118379
₽112701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
32 625
health
-
-
-
15 182
social contributions
-
-
-
30 015
total
-
-
-
77 822
Employee
34 056
-
217 500
-
social contributions
4 700
-
30 015
-
health
2 377
-
15 182
-
income
5 680
-
38 303
-
total
12 757
-
83 500
-
Employer
34 056
-
217 500
-
total
-
-
-
-
Corporate
183 444
217 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 172
10 874
-
-
total
9 172
10 874
-
-
Dividends
174 272
206 626
-
-
health
12 165
14 422
-
-
social contributions
24 049
28 513
-
-
withholding
26 140
30 993
-
-
total
62 354
73 928
-
-
Income
217 500
217 500
217 500
217 500
Total tax
84 283
84 802
83 500
77 822
After tax
133 217
132 698
134 000
139 678
Living cost
21 299
21 299
21 299
21 299
Free-cash
111 918
111 399
112 701
118 379

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84564
₽83008
₽76168
₽21716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
chamber of commerce
-
-
-
869
income
-
-
-
68 027
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
105 940
Employee
50 197
40 028
179 027
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 715
2 953
56 863
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
78 114
-
Employer
50 197
40 028
179 027
-
accident
652
520
1 525
-
other
2 385
1 900
7 979
-
chamber of commerce
200
160
717
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 727
-
payroll
1 506
1 201
5 371
-
health
1 897
1 513
4 436
-
total
14 644
11 717
38 474
-
Corporate
152 660
165 753
175 215
-
income

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

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

38 166
41 439
43 804
-
total
38 166
41 439
43 804
-
Dividends
114 494
124 314
-
-
withholding
31 485
34 186
-
-
total
31 485
34 186
-
-
Income
217 500
217 500
217 500
217 500
Total tax
99 100
97 544
160 392
105 940
After tax
118 400
119 956
57 108
111 560
Living cost
35 392
35 392
35 392
35 392
Free-cash
83 008
84 564
21 716
76 168

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83206
₽69871
₽57934
₽37688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
national
-
-
-
86 354
communal

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

-
-
-
11 547
social contributions
-
-
-
25 042
total
-
-
-
122 943
Employee

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

71 848
-
168 462
-
communal

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

3 747
-
8 787
-
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.

3 376
-
7 916
-
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.

5 389
-
12 636
-
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.

625
-
1 466
-
national
22 089
-
63 347
-
total
35 226
-
94 152
-
Employer

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

71 848
-
168 462
-
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.

934
-
2 190
-
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.

1 048
-
2 459
-
surtax
8 147
-
19 103
-
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.

6 366
-
14 925
-
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.

4 418
-
10 360
-
total
20 913
-
49 037
-
Corporate
124 738
217 500
-
-
surtax
499
919
-
-
income
24 947
45 920
-
-
total
25 446
46 839
-
-
Dividends
99 292
170 661
-
-
withholding

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

29 421
50 832
-
-
total
29 421
50 832
-
-
Income
217 500
217 500
217 500
217 500
Total tax
111 006
97 671
143 189
122 943
After tax
106 494
119 829
74 311
94 557
Living cost
36 623
36 623
36 623
36 623
Free-cash
69 871
83 206
37 688
57 934

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108214
₽101334
₽85333
₽81119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
839
income
-
-
-
67 963
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
95 893
Employee
49 998
-
187 820
-
other
50
-
93
-
income
10 549
-
64 515
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
70 427
-
Employer
49 998
-
187 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
151 565
217 500
-
-
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.

22 734
32 625
-
-
total
22 734
32 625
-
-
Dividends
128 831
184 875
-
-
withholding
27 496
40 387
-
-
total
27 496
40 387
-
-
Income
217 500
217 500
217 500
217 500
Total tax
79 892
73 012
100 107
95 893
After tax
137 608
144 488
117 393
121 607
Living cost
36 274
36 274
36 274
36 274
Free-cash
101 334
108 214
81 119
85 333

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69294
₽55517
₽48406
₽57077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
1 834
income
-
-
-
40 264
pensions
-
-
-
32 600
health
-
-
-
15 281
surtax
-
-
-
10 783
communal
-
-
-
13 747
total
-
-
-
114 509
Employee
76 065
-
194 284
-
health
3 385
-
8 646
-
surtax
4 662
-
11 907
-
income
7 347
-
46 527
-
pensions
6 084
-
15 542
-
total
21 478
-
82 622
-
Employer
76 065
-
194 284
-
accident
684
-
1 748
-
pensions
6 084
-
15 542
-
health
2 320
-
5 926
-
total
9 088
-
23 216
-
Corporate
132 347
217 500
-
-
surtax
1 390
2 284
-
-
communal
8 934
14 681
-
-
income
19 852
32 625
-
-
total
30 176
49 590
-
-
Dividends
102 171
167 911
-
-
income
31 331
18 844
-
-
withholding
15 325
25 187
-
-
total
46 656
44 031
-
-
Income
217 500
217 500
217 500
217 500
Total tax
107 398
93 621
105 838
114 509
After tax
110 102
123 879
111 662
102 991
Living cost
54 585
54 585
54 585
54 585
Free-cash
55 517
69 294
57 077
48 406

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114246
₽111051
₽79826
₽73684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
67 320
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
11 236
total
-
-
-
115 113
Employee
33 826
-
189 282
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
10 034
-
income
5 671
-
61 312
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 330
-
total
11 265
-
93 036
-
Employer
33 826
-
189 282
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
176 553
217 500
-
-
income
45 905
56 550
-
-
total
45 905
56 550
-
-
Dividends
130 648
160 950
-
-
withholding
19 597
24 143
-
-
total
19 597
24 143
-
-
Income
217 500
217 500
217 500
217 500
Total tax
83 888
80 693
121 255
115 113
After tax
133 612
136 807
96 245
102 387
Living cost
22 561
22 561
22 561
22 561
Free-cash
111 051
114 246
73 684
79 826

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87265
₽85038
₽76550
₽68081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
1 338
regional
-
-
-
3 394
national
-
-
-
58 889
social contributions
-
-
-
50 272
total
-
-
-
113 893
Employee
55 717
-
217 500
-
social contributions
18 788
-
65 907
-
regional
750
-
3 077
-
municipal
295
-
1 212
-
national
8 827
-
52 166
-
total
28 660
-
122 362
-
Employer
55 717
-
217 500
-
total
-
-
-
-
Corporate
161 783
217 500
-
-
nationa
38 827
52 201
-
-
municipal
8 040
10 810
-
-
total
46 867
63 011
-
-
Dividends
114 915
154 490
-
-
withholding
29 878
40 167
-
-
total
29 878
40 167
-
-
Income
217 500
217 500
217 500
217 500
Total tax
105 405
103 178
122 362
113 893
After tax
112 095
114 322
95 138
103 607
Living cost
27 057
27 057
27 057
27 057
Free-cash
85 038
87 265
68 081
76 550

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120150
₽109591
₽98475
₽88998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
23 036
health
-
-
-
29 362
solidarity contribution
-
-
-
2 464
social contributions
-
-
-
34 564
total
-
-
-
89 426
Employee
43 528
-
172 392
-
social contributions
2 829
-
7 694
-
health
5 876
-
23 273
-
solidarity contribution
-
-
1 614
-
income
5 223
-
21 214
-
total
13 928
-
53 795
-
Employer
43 528
-
172 392
-
social contributions
10 882
-
29 593
-
health
3 918
-
15 515
-
total
14 800
-
45 108
-
Corporate
159 172
217 500
-
-
income
30 243
41 325
-
-
total
30 243
41 325
-
-
Dividends
128 929
176 175
-
-
withholding
19 339
26 426
-
-
total
19 339
26 426
-
-
Income
217 500
217 500
217 500
217 500
Total tax
78 310
67 751
98 903
89 426
After tax
139 190
149 749
118 597
128 074
Living cost
29 599
29 599
29 599
29 599
Free-cash
109 591
120 150
88 998
98 475

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88018
₽87522
₽79713
₽25113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
chamber of commerce
-
-
-
869
income
-
-
-
68 027
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
105 742
Employee
43 907
40 028
179 212
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
56 951
-
pensions
4 497
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
78 202
-
Employer
43 907
40 028
179 212
-
accident
570
520
1 525
-
other
2 085
1 900
7 987
-
chamber of commerce
175
160
717
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 727
-
payroll
1 317
1 201
5 377
-
health
1 660
1 513
4 436
-
total
12 635
11 519
38 290
-
Corporate
160 958
165 951
175 400
-
income

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

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

40 240
41 488
43 850
-
total
40 240
41 488
43 850
-
Dividends
120 718
124 463
-
-
withholding
33 197
34 228
-
-
total
33 197
34 228
-
-
Income
217 500
217 500
217 500
217 500
Total tax
97 933
97 437
160 342
105 742
After tax
119 567
120 063
57 158
111 758
Living cost
32 045
32 045
32 045
32 045
Free-cash
87 522
88 018
25 113
79 713

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192445
₽189786
₽201145
₽159820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
217 500
microenterprise

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

-
-
-
2 175
total
-
-
-
2 175
Employee
17 726
-
217 500
-
income
3 545
-
43 500
-
total
3 545
-
43 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

199 774
217 500
-
-
total
-
-
-
-
Dividends
199 774
217 500
-
-
withholding
9 989
10 875
-
-
total
9 989
10 875
-
-
Income
217 500
217 500
217 500
217 500
Total tax
13 534
10 875
43 500
2 175
After tax
203 966
206 625
174 000
215 325
Living cost
14 180
14 180
14 180
14 180
Free-cash
189 786
192 445
159 820
201 145

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122809
₽114405
₽74930
₽70208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
income
-
-
-
54 180
pensions
-
-
-
39 721
unemployment
-
-
-
326
health
-
-
-
21 402
total
-
-
-
115 629
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.

44 416
-
188 197
-
health
2 869
-
12 157
-
income
7 660
-
49 457
-
pensions
6 885
-
29 171
-
unemployment
63
-
263
-
total
17 477
-
91 048
-
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.

44 416
-
188 197
-
unemployment
27
-
112
-
pensions
3 930
-
16 656
-
health
2 958
-
12 535
-
total
6 915
-
29 303
-
Corporate
166 168
217 500
-
-
income
31 573
41 324
-
-
total
31 573
41 324
-
-
Dividends
134 596
176 176
-
-
withholding
20 189
26 426
-
-
total
20 189
26 426
-
-
Income
217 500
217 500
217 500
217 500
Total tax
76 154
67 750
120 351
115 629
After tax
141 346
149 750
97 149
101 871
Living cost
26 941
26 941
26 941
26 941
Free-cash
114 405
122 809
70 208
74 930

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88763
₽40738
₽106746
₽160654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
42 395
social contributions
-
-
-
24 795
total
-
-
-
67 190
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
66 959
217 500
-
-
income
14 731
47 850
-
-
total
14 731
47 850
-
-
Dividends
52 228
169 650
-
-
income
11 490
37 323
-
-
total
11 490
37 323
-
-
Income
217 500
217 500
217 500
217 500
Total tax
133 198
85 173
13 282
67 190
After tax
84 302
132 327
204 218
150 310
Living cost
43 564
43 564
43 564
43 564
Free-cash
40 738
88 763
160 654
106 746

Estimated living cost  is ₽43564 per week

₽28266
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
₽92208
₽91197
₽82371
₽65701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
income
-
-
-
28 042
surtax
-
-
-
-
social contributions

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

-
-
-
75 581
total
-
-
-
103 623
Employee
46 196
-
175 758
-
social contributions
5 082
-
19 334
-
surtax
-
-
99
-
income
9 609
-
59 118
-
total
14 691
-
78 551
-
Employer
46 196
-
175 758
-
social contributions
10 972
-
41 742
-
total
10 972
-
41 742
-
Corporate
160 332
217 500
-
-
surtax
-
-
-
-
income
33 669
45 674
-
-
total
33 669
45 674
-
-
Dividends
126 663
171 826
-
-
withholding
35 465
48 112
-
-
total
35 465
48 112
-
-
Income
217 500
217 500
217 500
217 500
Total tax
94 797
93 786
120 293
103 623
After tax
122 703
123 714
97 207
113 877
Living cost
31 506
31 506
31 506
31 506
Free-cash
91 197
92 208
65 701
82 371

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61107
₽68012
₽71239
₽65408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
39 429
pensions
-
-
-
34 915
other
-
-
-
6 742
health
-
-
-
10 463
surtax
-
-
-
-
social contributions
-
-
-
6 199
total
-
-
-
97 748
Employee
62 910
-
166 270
-
social contributions
1 792
-
4 739
-
surtax
-
-
-
-
income
5 489
-
35 199
-
pensions
7 115
-
12 414
-
total
14 396
-
52 352
-
Employer
62 910
-
166 270
-
other
2 171
-
6 849
-
social contributions
189
-
499
-
unemployment
2 548
-
6 734
-
pensions
10 337
-
20 749
-
health
4 403
-
16 396
-
total
19 648
-
51 227
-
Corporate
134 942
217 500
-
-
surtax
-
-
-
-
income
37 785
60 900
-
-
total
37 785
60 900
-
-
Dividends
97 157
156 600
-
-
surtax
-
-
-
-
social contributions
16 711
26 935
-
-
withholding
12 435
20 045
-
-
total
29 146
46 980
-
-
Income
217 500
217 500
217 500
217 500
Total tax
100 975
107 880
103 579
97 748
After tax
116 525
109 620
113 921
119 752
Living cost
48 513
48 513
48 513
48 513
Free-cash
68 012
61 107
65 408
71 239

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165556
₽162183
₽128591
₽134371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
10 865
social contributions
-
-
-
47 851
total
-
-
-
58 716
Employee
32 292
-
188 312
-
income
-
-
11 507
-
social contributions
2 099
-
12 241
-
total
2 099
-
23 748
-
Employer
32 292
-
188 312
-
social contributions
5 005
-
29 188
-
total
5 005
-
29 188
-
Corporate
180 203
217 500
-
-
income
18 020
21 751
-
-
total
18 020
21 751
-
-
Dividends
162 183
195 749
-
-
total
-
-
-
-
Income
217 500
217 500
217 500
217 500
Total tax
25 124
21 751
52 936
58 716
After tax
192 376
195 749
164 564
158 784
Living cost
30 193
30 193
30 193
30 193
Free-cash
162 183
165 556
134 371
128 591

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1345
-₽1345
₽77559
-₽1345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
46 511
pensions
-
-
-
871
national
-
-
-
26 855
labour market
-
-
-
17 330
total
-
-
-
91 567
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
217 500
217 500
217 500
217 500
Total tax
170 471
170 471
170 471
91 567
After tax
47 029
47 029
47 029
125 933
Living cost
48 374
48 374
48 374
48 374
Free-cash
-1 345
-1 345
-1 345
77 559

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4101
₽14287
₽126818
₽97863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
253
income
-
-
-
61 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
68 963
Employee
34 165
-
198 291
-
health
3 912
-
22 704
-
income
4 687
-
48 360
-
pensions
3 847
-
7 645
-
total
12 446
-
78 709
-
Employer
34 165
-
198 291
-
accident
570
-
3 312
-
unemployment
837
-
4 858
-
pensions
5 555
-
11 039
-
total
6 962
-
19 209
-
Corporate
176 372
217 500
-
-
income

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

158 735
195 750
-
-
total
158 735
195 750
-
-
Dividends
17 637
21 750
-
-
withholding
3 351
4 132
-
-
total
3 351
4 132
-
-
Income
217 500
217 500
217 500
217 500
Total tax
181 494
199 882
97 918
68 963
After tax
36 006
17 618
119 582
148 537
Living cost
21 719
21 719
21 719
21 719
Free-cash
14 287
-4 101
97 863
126 818

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95206
₽98312
₽95827
₽70913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
217 500
municipal
-
-
-
38 623
health
-
-
-
2 930
national
-
-
-
41 557
total
-
-
-
83 110
Employee
52 845
-
182 973
-
health
395
-
2 398
-
municipal
8 656
-
29 787
-
pensions
3 566
-
12 352
-
unemployment
793
-
2 745
-
national
873
-
26 215
-
total
14 283
-
73 497
-
Employer
52 845
-
182 973
-
accident
53
-
183
-
unemployment
343
-
1 189
-
pensions
9 168
-
31 746
-
health
406
-
1 409
-
total
9 970
-
34 527
-
Corporate
154 684
217 500
-
-
income
30 936
43 499
-
-
total
30 936
43 499
-
-
Dividends

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

92 811
130 501
-
-
national
8 731
16 741
-
-
municipal
16 705
23 491
-
-
total
25 436
40 232
-
-
Income
217 500
217 500
217 500
217 500
Total tax
80 625
83 731
108 024
83 110
After tax
136 875
133 769
109 476
134 390
Living cost
38 563
38 563
38 563
38 563
Free-cash
98 312
95 206
70 913
95 827

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and 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

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
₽135281
₽129815
₽123374
₽121572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
49 073
health
-
-
-
5 547
social contributions
-
-
-
16 251
total
-
-
-
70 871
Employee
77 236
77 236
205 061
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 486
-
income
8 410
7 150
48 102
-
total
11 929
14 873
60 234
-
Employer
77 236
77 236
205 061
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 793
-
total
3 570
7 840
12 439
-
Corporate
178 746
132 424
-
-
income
22 343
16 553
-
-
total
22 343
16 553
-
-
Dividends
156 403
115 871
-
-
withholding
26 588
19 698
-
-
total
26 588
19 698
-
-
Income
217 500
217 500
217 500
217 500
Total tax
64 430
58 964
72 673
70 871
After tax
153 070
158 536
144 827
146 629
Living cost
23 255
23 255
23 255
23 255
Free-cash
129 815
135 281
121 572
123 374

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164164
₽159056
₽169036
₽148888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
217 500
income
-
-
-
22 464
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
32 517
Employee

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

23 055
-
207 684
-
health
1 959
-
8 101
-
income
1 576
-
19 974
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
42 848
-
Employer

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

23 055
-
207 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
192 072
217 500
-
-
income
17 286
19 576
-
-
total
17 286
19 576
-
-
Dividends
174 785
197 924
-
-
withholding
15 731
17 813
-
-
total
15 731
17 813
-
-
Income
217 500
217 500
217 500
217 500
Total tax
42 497
37 389
52 665
32 517
After tax
175 003
180 111
164 835
184 983
Living cost
15 947
15 947
15 947
15 947
Free-cash
159 056
164 164
148 888
169 036

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116867
₽112432
₽93986
₽89772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
839
income
-
-
-
67 963
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
95 893
Employee
37 140
-
187 820
-
other
36
-
93
-
income
7 160
-
64 515
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
70 427
-
Employer
37 140
-
187 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
168 519
217 500
-
-
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.

25 279
32 625
-
-
total
25 279
32 625
-
-
Dividends
143 241
184 875
-
-
withholding
30 810
40 387
-
-
total
30 810
40 387
-
-
Income
217 500
217 500
217 500
217 500
Total tax
77 447
73 012
100 107
95 893
After tax
140 053
144 488
117 393
121 607
Living cost
27 621
27 621
27 621
27 621
Free-cash
112 432
116 867
89 772
93 986

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132970
₽132519
₽137010
₽136814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
74 279
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
77 740
Employee
4 189
-
215 243
-
health
209
-
502
-
income
810
-
74 174
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
75 679
-
Employer
4 189
-
215 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
212 368
217 500
-
-
income
46 721
47 850
-
-
total
46 721
47 850
-
-
Dividends
165 647
169 650
-
-
withholding
33 129
33 930
-
-
total
33 129
33 930
-
-
Income
217 500
217 500
217 500
217 500
Total tax
82 231
81 780
77 936
77 740
After tax
135 269
135 720
139 564
139 760
Living cost
2 750
2 750
2 750
2 750
Free-cash
132 519
132 970
136 814
137 010

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139774
₽134833
₽121894
₽121892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
income
-
-
-
50 179
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
78 236
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.

26 193
-
204 213
-
health
1 349
-
3 823
-
income
3 610
-
50 179
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
64 951
-
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.

26 193
-
204 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
186 619
217 500
-
-
income
27 993
32 625
-
-
total
27 993
32 625
-
-
Dividends
158 626
184 875
-
-
withholding
23 794
27 731
-
-
total
23 794
27 731
-
-
Income
217 500
217 500
217 500
217 500
Total tax
65 297
60 356
78 238
78 236
After tax
152 203
157 144
139 262
139 264
Living cost
17 370
17 370
17 370
17 370
Free-cash
134 833
139 774
121 892
121 894

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96635
₽96272
₽86798
₽70128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
income
-
-
-
28 042
surtax
-
-
-
-
social contributions

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

-
-
-
75 581
total
-
-
-
103 623
Employee
38 984
-
175 758
-
social contributions
4 289
-
19 334
-
surtax
-
-
99
-
income
7 617
-
59 118
-
total
11 906
-
78 551
-
Employer
38 984
-
175 758
-
social contributions
9 258
-
41 742
-
total
9 258
-
41 742
-
Corporate
169 258
217 500
-
-
surtax
-
-
-
-
income
35 545
45 674
-
-
total
35 545
45 674
-
-
Dividends
133 713
171 826
-
-
withholding
37 440
48 112
-
-
total
37 440
48 112
-
-
Income
217 500
217 500
217 500
217 500
Total tax
94 149
93 786
120 293
103 623
After tax
123 351
123 714
97 207
113 877
Living cost
27 079
27 079
27 079
27 079
Free-cash
96 272
96 635
70 128
86 798

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109188
₽102613
₽86307
₽82093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
839
income
-
-
-
67 963
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
95 893
Employee
48 510
-
187 820
-
other
48
-
93
-
income
10 132
-
64 515
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
70 427
-
Employer
48 510
-
187 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
153 524
217 500
-
-
income

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

23 030
32 625
-
-
total
23 030
32 625
-
-
Dividends
130 495
184 875
-
-
withholding
27 879
40 387
-
-
total
27 879
40 387
-
-
Income
217 500
217 500
217 500
217 500
Total tax
79 587
73 012
100 107
95 893
After tax
137 913
144 488
117 393
121 607
Living cost
35 300
35 300
35 300
35 300
Free-cash
102 613
109 188
82 093
86 307

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168687
₽162568
₽158233
₽167199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
32 625
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
41 991
Employee
22 876
-
210 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
21 062
-
pensions

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

2 008
-
3 080
-
total
5 599
-
26 142
-
Employer
22 876
-
210 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
190 135
217 500
-
-
income
19 013
21 750
-
-
total
19 013
21 750
-
-
Dividends
171 122
195 750
-
-
withholding
8 556
9 787
-
-
total
8 556
9 787
-
-
Income
217 500
217 500
217 500
217 500
Total tax
37 656
31 537
33 025
41 991
After tax
179 844
185 963
184 475
175 509
Living cost
17 276
17 276
17 276
17 276
Free-cash
162 568
168 687
167 199
158 233

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73092
₽86231
₽71671
₽96182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
trade
-
-
-
24 511
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.

-
-
-
71 731
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.

-
-
-
6 862
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.

-
-
-
3 946
total
-
-
-
107 050
Employee

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

49 977
-
217 500
-
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.

6 862
-
6 862
-
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.

227
-
3 946
-
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.

4 110
-
71 731
-
total
11 199
-
82 539
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 523
217 500
-
-
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.

1 382
1 794
-
-
income
25 128
32 625
-
-
trade
24 040
31 211
-
-
chamber of commerce
398
471
-
-
total
50 948
66 101
-
-
Dividends
116 575
151 400
-
-
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.

1 582
2 060
-
-
withholding
28 761
37 468
-
-
total
30 343
39 528
-
-
Income
217 500
217 500
217 500
217 500
Total tax
92 490
105 629
82 539
107 050
After tax
125 010
111 871
134 961
110 450
Living cost
38 779
38 779
38 779
38 779
Free-cash
86 231
73 092
96 182
71 671

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95033
₽97251
₽52658
₽52658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
70 398
social contributions
-
-
-
37 227
total
-
-
-
107 625
Employee
78 569
-
217 500
-
income
14 826
-
70 398
-
social contributions
6 527
-
37 227
-
total
21 353
-
107 625
-
Employer
78 569
-
217 500
-
total
-
-
-
-
Corporate
138 931
217 500
-
-
income
17 367
27 187
-
-
total
17 367
27 187
-
-
Dividends
121 564
190 313
-
-
withholding
24 312
38 063
-
-
total
24 312
38 063
-
-
Income
217 500
217 500
217 500
217 500
Total tax
63 032
65 250
107 625
107 625
After tax
154 468
152 250
109 875
109 875
Living cost
57 217
57 217
57 217
57 217
Free-cash
97 251
95 033
52 658
52 658

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99608
₽103116
₽141684
₽115710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
income
-
-
-
32 625
health

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

-
-
-
6 730
total
-
-
-
39 355
Employee
46 078
-
212 880
-
income
5 000
-
56 089
-
social contributions
4 617
-
4 620
-
total
9 617
-
60 709
-
Employer
46 078
-
212 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
166 806
217 500
-
-
income
58 382
76 124
-
-
total
58 382
76 124
-
-
Dividends
108 424
141 376
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
217 500
217 500
217 500
217 500
Total tax
77 923
81 431
65 329
39 355
After tax
139 577
136 069
152 171
178 145
Living cost
36 461
36 461
36 461
36 461
Free-cash
103 116
99 608
115 710
141 684

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100709
₽106649
₽103898
₽84437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
income
-
-
-
66 492
pensions
-
-
-
9 842
total
-
-
-
76 334
Employee
51 155
-
189 621
-
health
667
-
2 590
-
income
9 316
-
53 517
-
pensions
3 904
-
11 809
-
total
13 887
-
67 916
-
Employer
51 155
-
189 621
-
pensions
5 168
-
24 275
-
health
972
-
3 604
-
total
6 140
-
27 879
-
Corporate
160 204
217 500
-
-
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.

30 440
41 324
-
-
total
30 440
41 324
-
-
Dividends
129 765
176 176
-
-
withholding
23 116
38 199
-
-
total
23 116
38 199
-
-
Income
217 500
217 500
217 500
217 500
Total tax
73 583
79 523
95 795
76 334
After tax
143 917
137 977
121 705
141 166
Living cost
37 268
37 268
37 268
37 268
Free-cash
106 649
100 709
84 437
103 898

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6251
₽13955
₽124668
₽95713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
accident
-
-
-
253
income
-
-
-
61 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
68 963
Employee
37 547
-
198 291
-
health
4 299
-
22 704
-
income
5 151
-
48 360
-
pensions
4 228
-
7 645
-
total
13 678
-
78 709
-
Employer
37 547
-
198 291
-
accident
627
-
3 312
-
unemployment
920
-
4 858
-
pensions
6 105
-
11 039
-
total
7 652
-
19 209
-
Corporate
172 302
217 500
-
-
income

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

155 072
195 750
-
-
total
155 072
195 750
-
-
Dividends
17 230
21 750
-
-
withholding
3 274
4 132
-
-
total
3 274
4 132
-
-
Income
217 500
217 500
217 500
217 500
Total tax
179 676
199 882
97 918
68 963
After tax
37 824
17 618
119 582
148 537
Living cost
23 869
23 869
23 869
23 869
Free-cash
13 955
-6 251
95 713
124 668

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152822
₽149783
₽123290
₽145374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
217 500
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
36 474
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
80 644
Employee

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

21 706
-
217 500
-
work injury
109
-
402
-
income
2 171
-
36 474
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
58 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 794
217 500
-
-
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%.

19 579
21 750
-
-
total
19 579
21 750
-
-
Dividends
176 215
195 750
-
-
withholding
26 432
29 362
-
-
total
26 432
29 362
-
-
Income
217 500
217 500
217 500
217 500
Total tax
54 151
51 112
58 560
80 644
After tax
163 349
166 388
158 940
136 856
Living cost
13 566
13 566
13 566
13 566
Free-cash
149 783
152 822
145 374
123 290

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74550
₽69981
₽61586
₽53335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
217 500
municipal
-
-
-
1 506
regional
-
-
-
5 233
national
-
-
-
58 889
social contributions
-
-
-
50 272
total
-
-
-
115 900
Employee
84 640
-
217 500
-
social contributions
28 540
-
65 907
-
regional
1 278
-
4 713
-
municipal
505
-
1 365
-
national
14 303
-
52 166
-
total
44 626
-
124 151
-
Employer
84 640
-
217 500
-
total
-
-
-
-
Corporate
132 860
217 500
-
-
nationa
31 887
52 201
-
-
municipal
6 405
10 484
-
-
total
38 292
62 685
-
-
Dividends
94 568
154 816
-
-
withholding
24 587
40 251
-
-
total
24 587
40 251
-
-
Income
217 500
217 500
217 500
217 500
Total tax
107 505
102 936
124 151
115 900
After tax
109 995
114 564
93 349
101 600
Living cost
40 014
40 014
40 014
40 014
Free-cash
69 981
74 550
53 335
61 586

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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