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
₽ 218500
per

Your estimated
City
free-cash

Dresden , Germany
₽105976
₽81309
₽78528
₽91831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
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.

-
-
-
6 498
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.

-
-
-
73 190
surtax

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

-
-
-
4 025
trade
-
-
-
27 448
total
-
-
-
111 161
Employee

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

36 381
-
218 500
-
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.

56
-
4 025
-
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.

1 016
-
73 190
-
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.

6 498
-
6 498
-
total
7 570
-
83 713
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 119
218 500
-
-
chamber of commerce
406
458
-
-
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.

1 502
1 803
-
-
trade
28 684
34 414
-
-
income
27 318
32 775
-
-
total
57 910
69 450
-
-
Dividends
124 208
149 050
-
-
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.

1 688
2 029
-
-
withholding
30 690
36 901
-
-
total
32 378
38 930
-
-
Income
218 500
218 500
218 500
218 500
Total tax
97 858
108 380
83 713
111 161
After tax
120 642
110 120
134 787
107 339
Living cost
28 811
28 811
28 811
28 811
Free-cash
91 831
81 309
105 976
78 528

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75835
₽86264
₽74662
₽85430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
2 349
pensions
-
-
-
26 220
national
-
-
-
40 937
municipal
-
-
-
24 252
total
-
-
-
93 758
Employee
77 633
-
188 891
-
municipal
9 589
-
25 097
-
national
14 859
-
42 790
-
pensions
3 105
-
7 556
-
total
27 553
-
75 443
-
Employer
77 633
-
188 891
-
pensions
6 211
-
15 111
-
social contributions
835
-
2 031
-
total
7 046
-
17 142
-
Corporate
128 698
218 500
-
-
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%.

25 740
43 700
-
-
total
25 740
43 700
-
-
Dividends
102 958
174 800
-
-
withholding
22 651
38 456
-
-
total
22 651
38 456
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 990
82 156
92 585
93 758
After tax
135 510
136 344
125 915
124 742
Living cost
50 080
50 080
50 080
50 080
Free-cash
85 430
86 264
75 835
74 662

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75449
₽155010
₽59990
₽147208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
social contributions

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

-
-
-
36 444
income
-
-
-
46 560
surtax
-
-
-
55 717
microenterprise
-
-
-
-
total
-
-
-
138 721
Employee
27 794
-
172 243
-
surtax
-
-
24 975
-
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.

3 058
-
12 469
-
income
4 948
-
39 563
-
total
8 006
-
77 007
-
Employer
27 794
-
172 243
-
surtax
-
-
18 946
-
social contributions

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

6 695
-
27 309
-
total
6 695
-
46 255
-
Corporate
184 011
218 500
-
-
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%.

36 802
43 701
-
-
total
36 802
43 701
-
-
Dividends

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

147 209
174 799
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
51 503
43 701
123 262
138 721
After tax
166 997
174 799
95 238
79 779
Living cost
19 789
19 789
19 789
19 789
Free-cash
147 208
155 010
75 449
59 990

Estimated living cost  is ₽19789 per week

₽12625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99886
₽69092
₽77237
₽63264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
11 729
income
-
-
-
78 542
pensions
-
-
-
11 145
total
-
-
-
101 416
Employee
81 228
81 228
200 823
-
income

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

13 296
13 296
38 216
-
pensions
14 621
11 145
11 145
-
health
12 468
10 605
11 729
-
total
40 385
35 046
61 090
-
Employer
81 228
81 228
200 823
-
unemployment
2 924
2 924
3 634
-
health
5 646
5 646
7 016
-
pensions
5 653
5 653
7 027
-
total
14 223
14 223
17 677
-
Corporate
124 044
123 048
-
-
income
24 809
24 610
-
-
total
24 809
24 610
-
-
Dividends
99 235
98 437
-
-
income
21 087
20 917
-
-
withholding
14 885
14 765
-
-
total
35 972
35 682
-
-
Income
218 500
218 500
218 500
218 500
Total tax
115 389
109 561
78 767
101 416
After tax
103 111
108 939
139 733
117 084
Living cost
39 847
39 847
39 847
39 847
Free-cash
63 264
69 092
99 886
77 237

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69296
₽80169
₽70243
₽79291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
9 966
health
-
-
-
5 352
accident
-
-
-
171
pensions
-
-
-
9 271
national
-
-
-
26 531
unemployment
-
-
-
86
municipal
-
-
-
57 748
total
-
-
-
109 125
Employee
55 759
-
191 553
-
municipal
16 627
-
57 121
-
national
-
-
26 005
-
total
16 627
-
83 126
-
Employer
55 759
-
191 553
-
other
6 479
-
9 966
-
unemployment
1 472
-
2 264
-
health
3 429
-
5 274
-
accident
112
-
171
-
pensions
6 027
-
9 271
-
total
17 519
-
26 946
-
Corporate
145 221
218 500
-
-
income
31 949
48 070
-
-
total
31 949
48 070
-
-
Dividends
113 272
170 430
-
-
withholding
33 982
51 129
-
-
total
33 982
51 129
-
-
Income
218 500
218 500
218 500
218 500
Total tax
100 077
99 199
110 072
109 125
After tax
118 423
119 301
108 428
109 375
Living cost
39 132
39 132
39 132
39 132
Free-cash
79 291
80 169
69 296
70 243

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97420
₽71628
₽68752
₽84997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
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.

-
-
-
6 498
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.

-
-
-
73 190
surtax

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

-
-
-
4 025
trade
-
-
-
28 668
total
-
-
-
112 381
Employee

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

48 237
-
218 500
-
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.

227
-
4 025
-
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.

4 144
-
73 190
-
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.

6 498
-
6 498
-
total
10 869
-
83 713
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 263
218 500
-
-
chamber of commerce
386
455
-
-
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.

1 404
1 803
-
-
trade
28 007
35 943
-
-
income
25 540
32 775
-
-
total
55 337
70 976
-
-
Dividends
114 925
147 525
-
-
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.

1 560
2 009
-
-
withholding
28 370
36 520
-
-
total
29 930
38 529
-
-
Income
218 500
218 500
218 500
218 500
Total tax
96 136
109 505
83 713
112 381
After tax
122 364
108 995
134 787
106 119
Living cost
37 367
37 367
37 367
37 367
Free-cash
84 997
71 628
97 420
68 752

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
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.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114157
₽128379
₽115942
₽124435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
15 390
health
-
-
-
5 572
income
-
-
-
50 744
total
-
-
-
71 706
Employee
73 142
73 142
206 493
-
social contributions
3 554
6 070
8 188
-
income
7 681
6 771
49 784
-
health
727
1 244
3 511
-
total
11 962
14 085
61 483
-
Employer
73 142
73 142
206 493
-
health
792
1 354
3 820
-
social contributions
3 554
6 070
8 188
-
total
4 346
7 424
12 008
-
Corporate
171 339
137 933
-
-
income
21 417
17 242
-
-
total
21 417
17 242
-
-
Dividends
149 922
120 691
-
-
withholding
25 488
20 518
-
-
total
25 488
20 518
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 213
59 269
73 491
71 706
After tax
155 287
159 231
145 009
146 794
Living cost
30 852
30 852
30 852
30 852
Free-cash
124 435
128 379
114 157
115 942

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109227
₽105199
₽133927
₽105563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
15 295
income
-
-
-
26 712
pensions
-
-
-
21 850
unemployment
-
-
-
3 278
total
-
-
-
67 135
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
182 845
-
income
3 077
1 225
22 353
-
pensions
2 517
1 002
18 285
-
health
1 762
701
12 799
-
unemployment
378
150
2 743
-
total
7 734
3 078
56 180
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
182 845
-
pensions
4 908
1 954
35 655
-
total
4 908
1 954
35 655
-
Corporate
188 420
206 529
-
-
income
16 958
18 588
-
-
total
16 958
18 588
-
-
Dividends
171 462
187 941
-
-
social contributions
33 321
36 534
-
-
withholding
32 578
35 709
-
-
total
65 899
72 243
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 499
95 863
91 835
67 135
After tax
123 001
122 637
126 665
151 365
Living cost
17 438
17 438
17 438
17 438
Free-cash
105 563
105 199
109 227
133 927

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102965
₽151824
₽94141
₽145916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
28 405
income
-
-
-
29 278
pensions
-
-
-
43 701
total
-
-
-
101 384
Employee
26 984
-
163 303
-
income
3 038
-
31 484
-
pensions
540
-
3 265
-
unemployment
431
-
2 614
-
total
4 009
-
37 363
-
Employer
26 984
-
163 303
-
unemployment
217
-
1 307
-
health
3 507
-
21 229
-
pensions
5 397
-
32 661
-
total
9 121
-
55 197
-
Corporate
182 395
218 500
-
-
income
36 479
43 701
-
-
total
36 479
43 701
-
-
Dividends
145 916
174 799
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
49 609
43 701
92 560
101 384
After tax
168 891
174 799
125 940
117 116
Living cost
22 975
22 975
22 975
22 975
Free-cash
145 916
151 824
102 965
94 141

Estimated living cost  is ₽22975 per week

₽15758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99497
-₽3268
₽128219
₽14481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
62 678
pensions
-
-
-
3 965
total
-
-
-
69 315
Employee
32 980
-
199 770
-
income
4 525
-
49 162
-
pensions
3 714
-
7 271
-
health
3 776
-
22 874
-
total
12 015
-
79 307
-
Employer
32 980
-
199 770
-
unemployment
808
-
4 895
-
accident
551
-
3 336
-
pensions
5 363
-
10 499
-
total
6 722
-
18 730
-
Corporate
178 799
218 500
-
-
income

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

160 919
196 650
-
-
total
160 919
196 650
-
-
Dividends
17 880
21 850
-
-
withholding
3 397
4 152
-
-
total
3 397
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 053
200 802
98 037
69 315
After tax
35 447
17 698
120 463
149 185
Living cost
20 966
20 966
20 966
20 966
Free-cash
14 481
-3 268
99 497
128 219

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166864
₽199639
₽208379
₽198151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
218 500
microenterprise

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

-
-
-
2 185
total
-
-
-
2 185
Employee
9 920
-
218 500
-
income
1 984
-
43 700
-
total
1 984
-
43 700
-
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%.

208 580
218 500
-
-
total
-
-
-
-
Dividends
208 580
218 500
-
-
withholding
10 429
10 925
-
-
total
10 429
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
12 413
10 925
43 700
2 185
After tax
206 087
207 575
174 800
216 315
Living cost
7 936
7 936
7 936
7 936
Free-cash
198 151
199 639
166 864
208 379

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104797
₽135187
₽106593
₽128764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
6 870
health
-
-
-
6 365
income
-
-
-
38 612
pensions

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

-
-
-
34 715
total
-
-
-
86 562
Employee
34 537
-
181 752
-
income
5 946
-
38 015
-
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.

2 417
-
10 125
-
health
484
-
2 025
-
unemployment
345
-
1 446
-
total
9 192
-
51 611
-
Employer
34 537
-
181 752
-
other
1 727
-
7 231
-
unemployment
345
-
1 446
-
health
484
-
2 025
-
accident
276
-
1 455
-
pensions

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

5 872
-
24 590
-
total
8 704
-
36 747
-
Corporate
175 259
218 500
-
-
income
36 804
45 885
-
-
total
36 804
45 885
-
-
Dividends
138 455
172 615
-
-
withholding
9 691
12 083
-
-
total
9 691
12 083
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 391
57 968
88 358
86 562
After tax
154 109
160 532
130 142
131 938
Living cost
25 345
25 345
25 345
25 345
Free-cash
128 764
135 187
104 797
106 593

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
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.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58241
₽74168
₽77731
₽81787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
67 957
pensions
-
-
-
9 548
total
-
-
-
77 505
Employee
89 509
-
190 392
-
income
16 135
-
54 963
-
health
1 475
-
2 559
-
pensions
8 635
-
11 365
-
total
26 245
-
68 887
-
Employer
89 509
-
190 392
-
health
1 700
-
3 617
-
pensions
10 568
-
24 491
-
total
12 268
-
28 108
-
Corporate
116 722
218 500
-
-
income

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

22 177
41 516
-
-
total
22 177
41 516
-
-
Dividends
94 546
176 984
-
-
withholding
12 759
39 552
-
-
total
12 759
39 552
-
-
Income
218 500
218 500
218 500
218 500
Total tax
73 449
81 068
96 995
77 505
After tax
145 051
137 432
121 505
140 995
Living cost
63 264
63 264
63 264
63 264
Free-cash
81 787
74 168
58 241
77 731

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
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.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173709
₽174459
₽164574
₽170080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
3 787
income
-
-
-
32 775
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
41 567
Employee
16 365
-
212 040
-
income
1 636
-
21 204
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 515
-
total
4 006
-
25 972
-
Employer
16 365
-
212 040
-
unemployment
98
-
198
-
health
1 130
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 804
-
3 628
-
total
3 212
-
6 460
-
Corporate
198 924
218 500
-
-
income
19 892
21 850
-
-
total
19 892
21 850
-
-
Dividends
179 031
196 650
-
-
withholding
8 951
9 832
-
-
total
8 951
9 832
-
-
Income
218 500
218 500
218 500
218 500
Total tax
36 061
31 682
32 432
41 567
After tax
182 439
186 818
186 068
176 933
Living cost
12 359
12 359
12 359
12 359
Free-cash
170 080
174 459
173 709
164 574

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
₽86988
₽56194
₽64339
₽58585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
11 729
income
-
-
-
78 542
pensions
-
-
-
11 145
total
-
-
-
101 416
Employee
88 188
81 228
200 823
-
income

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

13 296
13 296
38 216
-
pensions
11 145
11 145
11 145
-
health
11 002
10 605
11 729
-
total
35 443
35 046
61 090
-
Employer
88 188
81 228
200 823
-
unemployment
3 175
2 924
3 634
-
health
6 128
5 646
7 016
-
pensions
6 137
5 653
7 027
-
total
15 440
14 223
17 677
-
Corporate
114 872
123 048
-
-
income
22 975
24 610
-
-
total
22 975
24 610
-
-
Dividends
91 897
98 437
-
-
income
19 527
20 917
-
-
withholding
13 785
14 765
-
-
total
33 312
35 682
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 170
109 561
78 767
101 416
After tax
111 330
108 939
139 733
117 084
Living cost
52 745
52 745
52 745
52 745
Free-cash
58 585
56 194
86 988
64 339

Estimated living cost  is ₽52745 per week

₽38908
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.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽96286
₽127070
₽105889
₽118733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
33 624
health
-
-
-
29 497
income
-
-
-
23 307
solidarity contribution
-
-
-
2 816
total
-
-
-
89 244
Employee
34 363
-
174 048
-
social contributions
2 234
-
7 485
-
solidarity contribution
-
-
1 954
-
income
4 124
-
21 460
-
health
4 639
-
23 496
-
total
10 997
-
54 395
-
Employer
34 363
-
174 048
-
health
3 093
-
15 664
-
social contributions
8 591
-
28 788
-
total
11 684
-
44 452
-
Corporate
172 453
218 500
-
-
income
32 766
41 515
-
-
total
32 766
41 515
-
-
Dividends
139 687
176 985
-
-
withholding
20 953
26 548
-
-
total
20 953
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 400
68 063
98 847
89 244
After tax
142 100
150 437
119 653
129 256
Living cost
23 367
23 367
23 367
23 367
Free-cash
118 733
127 070
96 286
105 889

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
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.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57384
₽76441
₽65450
₽71475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 607
national
-
-
-
61 156
regional
-
-
-
2 784
municipal
-
-
-
1 366
total
-
-
-
112 913
Employee
84 536
-
218 500
-
social contributions
28 506
-
62 414
-
municipal
448
-
1 249
-
national
14 648
-
54 788
-
regional
798
-
2 528
-
total
44 400
-
120 979
-
Employer
84 536
-
218 500
-
total
-
-
-
-
Corporate
133 964
218 500
-
-
nationa
32 152
52 439
-
-
municipal
5 224
8 522
-
-
total
37 376
60 961
-
-
Dividends
96 588
157 539
-
-
withholding
25 112
40 961
-
-
total
25 112
40 961
-
-
Income
218 500
218 500
218 500
218 500
Total tax
106 888
101 922
120 979
112 913
After tax
111 612
116 578
97 521
105 587
Living cost
40 137
40 137
40 137
40 137
Free-cash
71 475
76 441
57 384
65 450

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75918
₽116448
₽81734
₽113487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
-
health
-
-
-
9 013
income
-
-
-
69 389
pensions
-
-
-
25 390
surtax
-
-
-
11 767
unemployment
-
-
-
217
total
-
-
-
115 776
Employee
31 455
-
191 778
-
surtax
103
-
10 630
-
income
5 273
-
63 699
-
other
-
-
-
-
pensions
2 097
-
8 468
-
health
803
-
3 236
-
unemployment
2 190
-
8 836
-
total
10 466
-
94 869
-
Employer
31 455
-
191 778
-
other
-
-
-
-
unemployment
996
-
4 024
-
health
1 431
-
5 776
-
pensions
4 193
-
16 923
-
total
6 620
-
26 723
-
Corporate
180 424
218 500
-
-
income
46 910
56 809
-
-
total
46 910
56 809
-
-
Dividends
133 513
161 691
-
-
withholding
20 027
24 253
-
-
total
20 027
24 253
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 023
81 062
121 592
115 776
After tax
134 477
137 438
96 908
102 724
Living cost
20 990
20 990
20 990
20 990
Free-cash
113 487
116 448
75 918
81 734

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
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.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78285
₽94212
₽97775
₽100461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
67 957
pensions
-
-
-
9 548
total
-
-
-
77 505
Employee
59 987
-
190 392
-
income
10 804
-
54 963
-
health
871
-
2 559
-
pensions
5 092
-
11 365
-
total
16 767
-
68 887
-
Employer
59 987
-
190 392
-
health
1 140
-
3 617
-
pensions
6 494
-
24 491
-
total
7 634
-
28 108
-
Corporate
150 880
218 500
-
-
income

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

28 668
41 516
-
-
total
28 668
41 516
-
-
Dividends
122 212
176 984
-
-
withholding
21 750
39 552
-
-
total
21 750
39 552
-
-
Income
218 500
218 500
218 500
218 500
Total tax
74 819
81 068
96 995
77 505
After tax
143 681
137 432
121 505
140 995
Living cost
43 220
43 220
43 220
43 220
Free-cash
100 461
94 212
78 285
97 775

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽88896
₽23349
₽97118
₽56110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other

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

-
-
-
4 370
health
-
-
-
492
pensions
-
-
-
20 103
city
-
-
-
2 303
national
-
-
-
5 447
regional
-
-
-
12 102
total
-
-
-
44 817
Employee
89 601
-
196 513
-
national
424
-
4 451
-
city
962
-
2 124
-
pensions
7 528
-
15 453
-
health
203
-
442
-
regional
2 934
-
10 743
-
unemployment
-
-
-
-
total
12 051
-
33 213
-
Employer
89 601
-
196 513
-
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.

1 791
-
3 931
-
unemployment
-
-
-
-
health
203
-
442
-
pensions
7 528
-
15 453
-
total
9 522
-
19 826
-
Corporate
118 392
218 500
-
-
regional
25 039
46 212
-
-
national
10 062
18 573
-
-
total
35 101
64 785
-
-
Dividends
83 291
153 715
-
-
withholding
29 151
53 801
-
-
total
29 151
53 801
-
-
Income
218 500
218 500
218 500
218 500
Total tax
85 825
118 586
53 039
44 817
After tax
132 675
99 914
165 461
173 683
Living cost
76 565
76 565
76 565
76 565
Free-cash
56 110
23 349
88 896
97 118

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91212
₽64298
₽61324
₽79722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
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.

-
-
-
6 498
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.

-
-
-
73 190
surtax

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

-
-
-
4 025
trade
-
-
-
29 888
total
-
-
-
113 601
Employee

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

57 165
-
218 500
-
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.

370
-
4 025
-
income

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

6 722
-
73 190
-
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.

6 498
-
6 498
-
total
13 590
-
83 713
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 335
218 500
-
-
chamber of commerce
372
451
-
-
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.

1 330
1 803
-
-
trade
27 668
37 473
-
-
income
24 201
32 775
-
-
total
53 571
72 502
-
-
Dividends
107 764
145 998
-
-
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.

1 462
1 987
-
-
withholding
26 580
36 138
-
-
total
28 042
38 125
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 203
110 627
83 713
113 601
After tax
123 297
107 873
134 787
104 899
Living cost
43 575
43 575
43 575
43 575
Free-cash
79 722
64 298
91 212
61 324

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79944
₽77580
₽86631
₽83199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
6 773
social contributions
-
-
-
6 226
health
-
-
-
10 830
income
-
-
-
41 391
pensions
-
-
-
34 105
surtax
-
-
-
-
total
-
-
-
99 325
Employee
40 710
-
166 465
-
surtax
-
-
-
-
social contributions
1 161
-
4 744
-
income
2 403
-
36 566
-
pensions
4 603
-
12 670
-
total
8 167
-
53 980
-
Employer
40 710
-
166 465
-
other
1 404
-
6 959
-
unemployment
1 648
-
6 742
-
health
2 850
-
16 698
-
pensions
6 688
-
21 133
-
social contributions
123
-
500
-
total
12 713
-
52 032
-
Corporate
165 077
218 500
-
-
surtax
-
-
-
-
income
46 222
61 179
-
-
total
46 222
61 179
-
-
Dividends
118 855
157 321
-
-
social contributions
20 442
27 060
-
-
surtax
-
-
-
-
withholding
15 213
20 137
-
-
total
35 655
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
102 757
108 376
106 012
99 325
After tax
115 743
110 124
112 488
119 175
Living cost
32 544
32 544
32 544
32 544
Free-cash
83 199
77 580
79 944
86 631

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83169
₽80805
₽89856
₽86090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
6 773
social contributions
-
-
-
6 226
health
-
-
-
10 830
income
-
-
-
41 391
pensions
-
-
-
34 105
surtax
-
-
-
-
total
-
-
-
99 325
Employee
36 339
-
166 465
-
surtax
-
-
-
-
social contributions
1 036
-
4 744
-
income
1 874
-
36 566
-
pensions
4 110
-
12 670
-
total
7 020
-
53 980
-
Employer
36 339
-
166 465
-
other
1 255
-
6 959
-
unemployment
1 471
-
6 742
-
health
2 543
-
16 698
-
pensions
5 971
-
21 133
-
social contributions
108
-
500
-
total
11 348
-
52 032
-
Corporate
170 812
218 500
-
-
surtax
-
-
-
-
income
47 827
61 179
-
-
total
47 827
61 179
-
-
Dividends
122 985
157 321
-
-
social contributions
21 154
27 060
-
-
surtax
-
-
-
-
withholding
15 742
20 137
-
-
total
36 896
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
103 091
108 376
106 012
99 325
After tax
115 409
110 124
112 488
119 175
Living cost
29 319
29 319
29 319
29 319
Free-cash
86 090
80 805
83 169
89 856

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114147
₽113136
₽120150
₽113630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
30 154
health
-
-
-
15 251
income
-
-
-
32 775
total
-
-
-
78 180
Employee
32 251
-
218 500
-
social contributions
4 451
-
30 154
-
income
5 379
-
38 778
-
health
2 251
-
15 251
-
total
12 081
-
84 183
-
Employer
32 251
-
218 500
-
total
-
-
-
-
Corporate
186 249
218 500
-
-
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%.

9 312
10 924
-
-
total
9 312
10 924
-
-
Dividends
176 937
207 576
-
-
social contributions
24 417
28 645
-
-
withholding
26 540
31 136
-
-
health
12 350
14 489
-
-
total
63 307
74 270
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 700
85 194
84 183
78 180
After tax
133 800
133 306
134 317
140 320
Living cost
20 170
20 170
20 170
20 170
Free-cash
113 630
113 136
114 147
120 150

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23718
₽86892
₽78345
₽85421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
8 500
income
-
-
-
70 685
chamber of commerce
-
-
-
874
pensions
-
-
-
20 558
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
106 639
Employee
47 536
37 906
181 214
-
income
5 412
2 796
59 454
-
other
475
379
1 112
-
pensions
4 868
3 881
11 379
-
health
1 839
1 468
4 300
-
unemployment
1 426
1 137
3 334
-
total
14 020
9 661
79 579
-
Employer
47 536
37 906
181 214
-
other
2 258
1 800
8 011
-
unemployment
1 426
1 137
3 334
-
health
1 796
1 433
4 200
-
surtax
188
188
188
-
accident
617
493
1 444
-
pensions
5 966
4 758
13 946
-
payroll
1 426
1 137
5 437
-
chamber of commerce
190
152
726
-
total
13 867
11 098
37 286
-
Corporate
157 097
169 496
177 604
-
income

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

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

39 275
42 374
44 401
-
total
39 275
42 374
44 401
-
Dividends
117 822
127 122
-
-
withholding
32 401
34 959
-
-
total
32 401
34 959
-
-
Income
218 500
218 500
218 500
218 500
Total tax
99 563
98 092
161 266
106 639
After tax
118 937
120 408
57 234
111 861
Living cost
33 516
33 516
33 516
33 516
Free-cash
85 421
86 892
23 718
78 345

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽39401
₽84970
₽60374
₽73147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
23 715
communal

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

-
-
-
11 688
national
-
-
-
88 041
total
-
-
-
123 444
Employee

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

68 040
-
169 234
-
national
20 918
-
64 205
-
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.

5 103
-
12 693
-
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.

3 197
-
7 953
-
communal

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

3 549
-
8 827
-
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.

592
-
1 473
-
total
33 359
-
95 151
-
Employer

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

68 040
-
169 234
-
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.

993
-
2 471
-
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.

4 184
-
10 408
-
surtax
7 715
-
19 192
-
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.

884
-
2 200
-
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.

6 029
-
14 995
-
total
19 805
-
49 266
-
Corporate
130 655
218 500
-
-
surtax
523
942
-
-
income
26 130
47 120
-
-
total
26 653
48 062
-
-
Dividends
104 002
170 438
-
-
withholding

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

30 854
50 786
-
-
total
30 854
50 786
-
-
Income
218 500
218 500
218 500
218 500
Total tax
110 671
98 848
144 417
123 444
After tax
107 829
119 652
74 083
95 056
Living cost
34 682
34 682
34 682
34 682
Free-cash
73 147
84 970
39 401
60 374

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83709
₽110678
₽87699
₽104162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 000
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
96 449
Employee
47 348
-
190 393
-
income
9 990
-
66 734
-
other
47
-
88
-
pensions
2 226
-
4 144
-
unemployment
735
-
1 366
-
total
12 998
-
72 332
-
Employer
47 348
-
190 393
-
other
377
-
706
-
unemployment
2 605
-
4 848
-
accident
937
-
1 746
-
pensions
11 173
-
20 807
-
total
15 092
-
28 107
-
Corporate
156 060
218 500
-
-
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.

23 408
32 775
-
-
total
23 408
32 775
-
-
Dividends
132 651
185 725
-
-
withholding
28 488
40 695
-
-
total
28 488
40 695
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 986
73 470
100 439
96 449
After tax
138 514
145 030
118 061
122 051
Living cost
34 352
34 352
34 352
34 352
Free-cash
104 162
110 678
83 709
87 699

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59342
₽71651
₽50631
₽58568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
15 352
accident
-
-
-
1 843
income
-
-
-
41 590
pensions
-
-
-
32 751
communal
-
-
-
13 809
surtax
-
-
-
10 832
total
-
-
-
116 177
Employee
72 033
-
195 177
-
surtax
4 415
-
11 962
-
income
6 958
-
47 881
-
pensions
5 762
-
15 614
-
health
3 206
-
8 686
-
total
20 341
-
84 143
-
Employer
72 033
-
195 177
-
health
2 197
-
5 953
-
accident
648
-
1 756
-
pensions
5 762
-
15 614
-
total
8 607
-
23 323
-
Corporate
137 860
218 500
-
-
surtax
1 448
2 294
-
-
income
20 679
32 775
-
-
communal
9 305
14 749
-
-
total
31 432
49 818
-
-
Dividends
106 429
168 682
-
-
income
31 896
20 037
-
-
withholding
15 964
25 302
-
-
total
47 860
45 339
-
-
Income
218 500
218 500
218 500
218 500
Total tax
108 240
95 157
107 466
116 177
After tax
110 260
123 343
111 034
102 323
Living cost
51 692
51 692
51 692
51 692
Free-cash
58 568
71 651
59 342
50 631

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
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.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75543
₽116073
₽81359
₽113045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
-
health
-
-
-
9 013
income
-
-
-
69 389
pensions
-
-
-
25 390
surtax
-
-
-
11 767
unemployment
-
-
-
217
total
-
-
-
115 776
Employee
32 033
-
191 778
-
surtax
114
-
10 630
-
income
5 370
-
63 699
-
other
-
-
-
-
pensions
2 137
-
8 468
-
health
818
-
3 236
-
unemployment
2 229
-
8 836
-
total
10 668
-
94 869
-
Employer
32 033
-
191 778
-
other
-
-
-
-
unemployment
1 016
-
4 024
-
health
1 457
-
5 776
-
pensions
4 271
-
16 923
-
total
6 744
-
26 723
-
Corporate
179 723
218 500
-
-
income
46 728
56 809
-
-
total
46 728
56 809
-
-
Dividends
132 995
161 691
-
-
withholding
19 950
24 253
-
-
total
19 950
24 253
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 090
81 062
121 592
115 776
After tax
134 410
137 438
96 908
102 724
Living cost
21 365
21 365
21 365
21 365
Free-cash
113 045
116 073
75 543
81 359

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71257
₽89227
₽79280
₽87112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 607
national
-
-
-
61 156
regional
-
-
-
3 468
municipal
-
-
-
1 366
total
-
-
-
113 597
Employee
52 764
-
218 500
-
social contributions
17 793
-
62 414
-
municipal
280
-
1 249
-
national
8 359
-
54 788
-
regional
710
-
3 169
-
total
27 142
-
121 620
-
Employer
52 764
-
218 500
-
total
-
-
-
-
Corporate
165 736
218 500
-
-
nationa
39 777
52 439
-
-
municipal
8 237
10 859
-
-
total
48 014
63 298
-
-
Dividends
117 723
155 202
-
-
withholding
30 609
40 352
-
-
total
30 609
40 352
-
-
Income
218 500
218 500
218 500
218 500
Total tax
105 765
103 650
121 620
113 597
After tax
112 735
114 850
96 880
104 903
Living cost
25 623
25 623
25 623
25 623
Free-cash
87 112
89 227
71 257
79 280

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90859
₽121643
₽100462
₽111371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
33 624
health
-
-
-
29 497
income
-
-
-
23 307
solidarity contribution
-
-
-
2 816
total
-
-
-
89 244
Employee
42 345
-
174 048
-
social contributions
2 752
-
7 485
-
solidarity contribution
-
-
1 954
-
income
5 081
-
21 460
-
health
5 717
-
23 496
-
total
13 550
-
54 395
-
Employer
42 345
-
174 048
-
health
3 811
-
15 664
-
social contributions
10 586
-
28 788
-
total
14 397
-
44 452
-
Corporate
161 758
218 500
-
-
income
30 734
41 515
-
-
total
30 734
41 515
-
-
Dividends
131 024
176 985
-
-
withholding
19 654
26 548
-
-
total
19 654
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 335
68 063
98 847
89 244
After tax
140 165
150 437
119 653
129 256
Living cost
28 794
28 794
28 794
28 794
Free-cash
111 371
121 643
90 859
100 462

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26937
₽90164
₽81702
₽89695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
8 500
income
-
-
-
70 685
chamber of commerce
-
-
-
874
pensions
-
-
-
20 558
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
106 451
Employee
41 579
37 906
181 390
-
income
3 704
2 796
59 537
-
other
415
379
1 112
-
pensions
4 258
3 881
11 379
-
health
1 608
1 468
4 300
-
unemployment
1 247
1 137
3 334
-
total
11 232
9 661
79 662
-
Employer
41 579
37 906
181 390
-
other
1 975
1 800
8 018
-
unemployment
1 247
1 137
3 334
-
health
1 572
1 433
4 200
-
surtax
-
-
-
-
accident
540
493
1 444
-
pensions
5 218
4 758
13 946
-
payroll
1 247
1 137
5 442
-
chamber of commerce
166
152
726
-
total
11 965
10 910
37 110
-
Corporate
164 955
169 684
177 779
-
income

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

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

41 239
42 421
44 444
-
total
41 239
42 421
44 444
-
Dividends
123 716
127 263
-
-
withholding
34 022
34 997
-
-
total
34 022
34 997
-
-
Income
218 500
218 500
218 500
218 500
Total tax
98 458
97 989
161 216
106 451
After tax
120 042
120 511
57 284
112 049
Living cost
30 347
30 347
30 347
30 347
Free-cash
89 695
90 164
26 937
81 702

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162433
₽195208
₽203948
₽192889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
218 500
microenterprise

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

-
-
-
2 185
total
-
-
-
2 185
Employee
15 459
-
218 500
-
income
3 092
-
43 700
-
total
3 092
-
43 700
-
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%.

203 041
218 500
-
-
total
-
-
-
-
Dividends
203 041
218 500
-
-
withholding
10 152
10 925
-
-
total
10 152
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
13 244
10 925
43 700
2 185
After tax
205 256
207 575
174 800
216 315
Living cost
12 367
12 367
12 367
12 367
Free-cash
192 889
195 208
162 433
203 948

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70710
₽124925
₽75452
₽116969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
health
-
-
-
21 502
income
-
-
-
55 801
pensions
-
-
-
39 903
unemployment
-
-
-
329
total
-
-
-
117 535
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.

42 062
-
189 063
-
income
7 254
-
51 057
-
pensions
6 520
-
29 305
-
health
2 717
-
12 213
-
unemployment
60
-
265
-
total
16 551
-
92 840
-
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.

42 062
-
189 063
-
unemployment
25
-
114
-
health
2 801
-
12 592
-
pensions
3 722
-
16 731
-
total
6 548
-
29 437
-
Corporate
169 889
218 500
-
-
income
32 278
41 515
-
-
total
32 278
41 515
-
-
Dividends
137 611
176 985
-
-
withholding
20 641
26 547
-
-
total
20 641
26 547
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 018
68 062
122 277
117 535
After tax
142 482
150 438
96 223
100 965
Living cost
25 513
25 513
25 513
25 513
Free-cash
116 969
124 925
70 710
75 452

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162272
₽89845
₽107911
₽42344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
24 909
income
-
-
-
42 590
total
-
-
-
67 499
Employee
61 785
-
-
-
social contributions
5 066
-
722
-
income
13 629
-
-
-
total
18 695
-
722
-
Employer
61 785
-
-
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
Corporate
69 597
218 500
-
-
income
15 311
48 070
-
-
total
15 311
48 070
-
-
Dividends
54 286
170 430
-
-
income
11 943
37 495
-
-
total
11 943
37 495
-
-
Income
218 500
218 500
218 500
218 500
Total tax
133 066
85 565
13 138
67 499
After tax
85 434
132 935
205 362
151 001
Living cost
43 090
43 090
43 090
43 090
Free-cash
42 344
89 845
162 272
107 911

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66679
₽94446
₽83911
₽93489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
social contributions

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

-
-
-
75 929
income
-
-
-
28 824
surtax
-
-
-
-
total
-
-
-
104 753
Employee
43 748
-
176 565
-
surtax
-
-
318
-
social contributions
4 812
-
19 423
-
income
9 100
-
60 310
-
total
13 912
-
80 051
-
Employer
43 748
-
176 565
-
social contributions
10 390
-
41 934
-
total
10 390
-
41 934
-
Corporate
164 362
218 500
-
-
surtax
-
-
-
-
income
34 517
45 885
-
-
total
34 517
45 885
-
-
Dividends
129 846
172 615
-
-
withholding
36 356
48 333
-
-
total
36 356
48 333
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 175
94 218
121 985
104 753
After tax
123 325
124 282
96 515
113 747
Living cost
29 836
29 836
29 836
29 836
Free-cash
93 489
94 446
66 679
83 911

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66547
₽64183
₽73234
₽70721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
6 773
social contributions
-
-
-
6 226
health
-
-
-
10 830
income
-
-
-
41 391
pensions
-
-
-
34 105
surtax
-
-
-
-
total
-
-
-
99 325
Employee
59 575
-
166 465
-
surtax
-
-
-
-
social contributions
1 697
-
4 744
-
income
5 198
-
36 566
-
pensions
6 738
-
12 670
-
total
13 633
-
53 980
-
Employer
59 575
-
166 465
-
other
2 056
-
6 959
-
unemployment
2 413
-
6 742
-
health
4 170
-
16 698
-
pensions
9 789
-
21 133
-
social contributions
179
-
500
-
total
18 607
-
52 032
-
Corporate
140 318
218 500
-
-
surtax
-
-
-
-
income
39 289
61 179
-
-
total
39 289
61 179
-
-
Dividends
101 029
157 321
-
-
social contributions
17 377
27 060
-
-
surtax
-
-
-
-
withholding
12 932
20 137
-
-
total
30 309
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
101 838
108 376
106 012
99 325
After tax
116 662
110 124
112 488
119 175
Living cost
45 941
45 941
45 941
45 941
Free-cash
70 721
64 183
66 547
73 234

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136377
₽168057
₽130569
₽164862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
11 267
social contributions
-
-
-
48 071
total
-
-
-
59 338
Employee
30 580
-
189 178
-
income
-
-
11 912
-
social contributions
1 987
-
12 296
-
total
1 987
-
24 208
-
Employer
30 580
-
189 178
-
social contributions
4 740
-
29 322
-
total
4 740
-
29 322
-
Corporate
183 180
218 500
-
-
income
18 318
21 850
-
-
total
18 318
21 850
-
-
Dividends
164 862
196 650
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
25 045
21 850
53 530
59 338
After tax
193 455
196 650
164 970
159 162
Living cost
28 593
28 593
28 593
28 593
Free-cash
164 862
168 057
136 377
130 569

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12233
₽12233
₽80283
₽6966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
labour market
-
-
-
17 414
pensions
-
-
-
821
national
-
-
-
27 337
municipal
-
-
-
47 051
total
-
-
-
92 623
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
12 233
-
-
-
income
2 691
-
-
-
total
2 691
-
-
-
Dividends
9 542
-
-
-
withholding
2 576
-
-
-
total
2 576
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
165 940
160 673
160 673
92 623
After tax
52 560
57 827
57 827
125 877
Living cost
45 594
45 594
45 594
45 594
Free-cash
6 966
12 233
12 233
80 283

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99807
-₽2958
₽128529
₽14531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
62 678
pensions
-
-
-
3 965
total
-
-
-
69 315
Employee
32 494
-
199 770
-
income
4 458
-
49 162
-
pensions
3 659
-
7 271
-
health
3 721
-
22 874
-
total
11 838
-
79 307
-
Employer
32 494
-
199 770
-
unemployment
796
-
4 895
-
accident
543
-
3 336
-
pensions
5 283
-
10 499
-
total
6 622
-
18 730
-
Corporate
179 384
218 500
-
-
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.

161 445
196 650
-
-
total
161 445
196 650
-
-
Dividends
17 938
21 850
-
-
withholding
3 408
4 152
-
-
total
3 408
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 313
200 802
98 037
69 315
After tax
35 187
17 698
120 463
149 185
Living cost
20 656
20 656
20 656
20 656
Free-cash
14 531
-2 958
99 807
128 529

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71980
₽97231
₽97009
₽100170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
218 500
health
-
-
-
2 968
national
-
-
-
43 208
municipal
-
-
-
38 796
total
-
-
-
84 972
Employee
50 044
-
183 814
-
municipal
8 197
-
29 919
-
national
827
-
27 799
-
pensions
3 377
-
12 408
-
health
374
-
2 433
-
unemployment
751
-
2 756
-
total
13 526
-
75 315
-
Employer
50 044
-
183 814
-
unemployment
325
-
1 195
-
health
384
-
1 415
-
accident
51
-
184
-
pensions
8 682
-
31 892
-
total
9 442
-
34 686
-
Corporate
159 013
218 500
-
-
income
31 804
43 701
-
-
total
31 804
43 701
-
-
Dividends

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

95 407
131 099
-
-
national
9 866
17 451
-
-
municipal
17 173
23 598
-
-
total
27 039
41 049
-
-
Income
218 500
218 500
218 500
218 500
Total tax
81 811
84 750
110 001
84 972
After tax
136 689
133 750
108 499
133 528
Living cost
36 519
36 519
36 519
36 519
Free-cash
100 170
97 231
71 980
97 009

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
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.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122986
₽137208
₽124771
₽132032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
15 390
health
-
-
-
5 572
income
-
-
-
50 744
total
-
-
-
71 706
Employee
73 142
73 142
206 493
-
social contributions
2 765
6 070
8 188
-
income
7 964
6 771
49 784
-
health
567
1 244
3 511
-
total
11 296
14 085
61 483
-
Employer
73 142
73 142
206 493
-
health
616
1 354
3 820
-
social contributions
2 765
6 070
8 188
-
total
3 381
7 424
12 008
-
Corporate
181 800
137 933
-
-
income
22 726
17 242
-
-
total
22 726
17 242
-
-
Dividends
159 074
120 691
-
-
withholding
27 042
20 518
-
-
total
27 042
20 518
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 445
59 269
73 491
71 706
After tax
154 055
159 231
145 009
146 794
Living cost
22 023
22 023
22 023
22 023
Free-cash
132 032
137 208
122 986
124 771

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152148
₽165839
₽171226
₽160999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
218 500
health
-
-
-
3 442
income
-
-
-
22 652
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
32 172
Employee

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

21 833
-
209 204
-
income
1 493
-
20 293
-
pensions
3 274
-
13 538
-
health
1 856
-
7 672
-
unemployment
108
-
451
-
total
6 731
-
41 954
-
Employer

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

21 833
-
209 204
-
unemployment
108
-
451
-
health
939
-
3 881
-
pensions
1 200
-
4 964
-
total
2 247
-
9 296
-
Corporate
194 419
218 500
-
-
income
17 498
19 664
-
-
total
17 498
19 664
-
-
Dividends
176 921
198 836
-
-
withholding
15 923
17 895
-
-
total
15 923
17 895
-
-
Income
218 500
218 500
218 500
218 500
Total tax
42 399
37 559
51 250
32 172
After tax
176 101
180 941
167 250
186 328
Living cost
15 102
15 102
15 102
15 102
Free-cash
160 999
165 839
152 148
171 226

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91904
₽118873
₽95894
₽114671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 000
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
96 449
Employee
35 171
-
190 393
-
income
6 781
-
66 734
-
other
34
-
88
-
pensions
1 653
-
4 144
-
unemployment
545
-
1 366
-
total
9 013
-
72 332
-
Employer
35 171
-
190 393
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 746
-
pensions
8 300
-
20 807
-
total
11 214
-
28 107
-
Corporate
172 116
218 500
-
-
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.

25 818
32 775
-
-
total
25 818
32 775
-
-
Dividends
146 298
185 725
-
-
withholding
31 627
40 695
-
-
total
31 627
40 695
-
-
Income
218 500
218 500
218 500
218 500
Total tax
77 672
73 470
100 439
96 449
After tax
140 828
145 030
118 061
122 051
Living cost
26 157
26 157
26 157
26 157
Free-cash
114 671
118 873
91 904
95 894

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139104
₽134582
₽139228
₽134292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
932
income
-
-
-
75 293
pensions
-
-
-
1 285
total
-
-
-
77 510
Employee
2 683
-
217 054
-
income
519
-
75 225
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
76 188
-
Employer
2 683
-
217 054
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
215 213
218 500
-
-
income
47 347
48 070
-
-
total
47 347
48 070
-
-
Dividends
167 866
170 430
-
-
withholding
33 573
34 086
-
-
total
33 573
34 086
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 446
82 156
77 634
77 510
After tax
136 054
136 344
140 866
140 990
Living cost
1 762
1 762
1 762
1 762
Free-cash
134 292
134 582
139 104
139 228

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124904
₽141448
₽124902
₽136776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
health
-
-
-
7 227
income
-
-
-
50 659
pensions
-
-
-
18 242
unemployment
-
-
-
1 052
total
-
-
-
77 180
Employee

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

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

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

24 757
-
205 941
-
income
3 413
-
50 659
-
pensions
3 466
-
9 822
-
health
1 275
-
3 613
-
unemployment
186
-
526
-
total
8 340
-
64 620
-
Employer

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

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

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

24 757
-
205 941
-
unemployment
186
-
526
-
health
1 275
-
3 613
-
pensions
2 971
-
8 419
-
total
4 432
-
12 558
-
Corporate
189 311
218 500
-
-
income
28 397
32 775
-
-
total
28 397
32 775
-
-
Dividends
160 914
185 725
-
-
withholding
24 137
27 859
-
-
total
24 137
27 859
-
-
Income
218 500
218 500
218 500
218 500
Total tax
65 306
60 634
77 178
77 180
After tax
153 194
157 866
141 322
141 320
Living cost
16 418
16 418
16 418
16 418
Free-cash
136 776
141 448
124 904
124 902

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70871
₽98638
₽88103
₽98297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
social contributions

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

-
-
-
75 929
income
-
-
-
28 824
surtax
-
-
-
-
total
-
-
-
104 753
Employee
36 918
-
176 565
-
surtax
-
-
318
-
social contributions
4 061
-
19 423
-
income
7 214
-
60 310
-
total
11 275
-
80 051
-
Employer
36 918
-
176 565
-
social contributions
8 767
-
41 934
-
total
8 767
-
41 934
-
Corporate
172 815
218 500
-
-
surtax
-
-
-
-
income
36 291
45 885
-
-
total
36 291
45 885
-
-
Dividends
136 524
172 615
-
-
withholding
38 226
48 333
-
-
total
38 226
48 333
-
-
Income
218 500
218 500
218 500
218 500
Total tax
94 559
94 218
121 985
104 753
After tax
123 941
124 282
96 515
113 747
Living cost
25 644
25 644
25 644
25 644
Free-cash
98 297
98 638
70 871
88 103

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84632
₽111601
₽88622
₽105377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 000
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
96 449
Employee
45 938
-
190 393
-
income
9 595
-
66 734
-
other
45
-
88
-
pensions
2 159
-
4 144
-
unemployment
711
-
1 366
-
total
12 510
-
72 332
-
Employer
45 938
-
190 393
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 746
-
pensions
10 841
-
20 807
-
total
14 646
-
28 107
-
Corporate
157 915
218 500
-
-
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.

23 688
32 775
-
-
total
23 688
32 775
-
-
Dividends
134 227
185 725
-
-
withholding
28 850
40 695
-
-
total
28 850
40 695
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 694
73 470
100 439
96 449
After tax
138 806
145 030
118 061
122 051
Living cost
33 429
33 429
33 429
33 429
Free-cash
105 377
111 601
84 632
88 622

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169852
₽170602
₽160717
₽164856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
3 787
income
-
-
-
32 775
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
41 567
Employee
21 472
-
212 040
-
income
2 148
-
21 204
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 515
-
total
5 257
-
25 972
-
Employer
21 472
-
212 040
-
unemployment
129
-
198
-
health
1 482
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 213
-
6 460
-
Corporate
192 815
218 500
-
-
income
19 281
21 850
-
-
total
19 281
21 850
-
-
Dividends
173 534
196 650
-
-
withholding
8 677
9 832
-
-
total
8 677
9 832
-
-
Income
218 500
218 500
218 500
218 500
Total tax
37 428
31 682
32 432
41 567
After tax
181 072
186 818
186 068
176 933
Living cost
16 216
16 216
16 216
16 216
Free-cash
164 856
170 602
169 852
160 717

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98064
₽75644
₽73055
₽88089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
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.

-
-
-
6 498
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.

-
-
-
73 190
surtax

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

-
-
-
4 025
trade
-
-
-
25 009
total
-
-
-
108 722
Employee

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

47 328
-
218 500
-
surtax

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

215
-
4 025
-
income

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

3 892
-
73 190
-
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.

6 498
-
6 498
-
total
10 605
-
83 713
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 172
218 500
-
-
chamber of commerce
395
464
-
-
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.

1 412
1 803
-
-
trade
24 563
31 354
-
-
income
25 675
32 775
-
-
total
52 045
66 396
-
-
Dividends
119 127
152 104
-
-
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.

1 617
2 072
-
-
withholding
29 421
37 665
-
-
total
31 038
39 737
-
-
Income
218 500
218 500
218 500
218 500
Total tax
93 688
106 133
83 713
108 722
After tax
124 812
112 367
134 787
109 778
Living cost
36 723
36 723
36 723
36 723
Free-cash
88 089
75 644
98 064
73 055

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55003
₽98766
₽55003
₽100865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
71 678
social contributions
-
-
-
37 635
total
-
-
-
109 313
Employee
74 405
-
218 500
-
income
14 040
-
71 678
-
social contributions
6 181
-
37 635
-
total
20 221
-
109 313
-
Employer
74 405
-
218 500
-
total
-
-
-
-
Corporate
144 095
218 500
-
-
income
18 013
27 313
-
-
total
18 013
27 313
-
-
Dividends
126 083
191 187
-
-
withholding
25 217
38 237
-
-
total
25 217
38 237
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 451
65 550
109 313
109 313
After tax
155 049
152 950
109 187
109 187
Living cost
54 184
54 184
54 184
54 184
Free-cash
100 865
98 766
55 003
55 003

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117720
₽102471
₽145315
₽105795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
income
-
-
-
32 775
health

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

-
-
-
5 881
total
-
-
-
38 656
Employee
43 635
-
214 125
-
income
4 735
-
57 501
-
social contributions
4 372
-
4 375
-
total
9 107
-
61 876
-
Employer
43 635
-
214 125
-
social contributions
4 372
-
4 375
-
total
4 372
-
4 375
-
Corporate
170 493
218 500
-
-
income
59 672
76 475
-
-
total
59 672
76 475
-
-
Dividends
110 821
142 025
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 176
81 500
66 251
38 656
After tax
140 324
137 000
152 249
179 844
Living cost
34 529
34 529
34 529
34 529
Free-cash
105 795
102 471
117 720
145 315

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86368
₽102295
₽105858
₽107897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
67 957
pensions
-
-
-
9 548
total
-
-
-
77 505
Employee
48 230
-
190 392
-
income
8 783
-
54 963
-
health
629
-
2 559
-
pensions
3 681
-
11 365
-
total
13 093
-
68 887
-
Employer
48 230
-
190 392
-
health
917
-
3 617
-
pensions
4 873
-
24 491
-
total
5 790
-
28 108
-
Corporate
164 480
218 500
-
-
income

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

31 251
41 516
-
-
total
31 251
41 516
-
-
Dividends
133 229
176 984
-
-
withholding
25 332
39 552
-
-
total
25 332
39 552
-
-
Income
218 500
218 500
218 500
218 500
Total tax
75 466
81 068
96 995
77 505
After tax
143 034
137 432
121 505
140 995
Living cost
35 137
35 137
35 137
35 137
Free-cash
107 897
102 295
86 368
105 858

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97761
-₽5004
₽126483
₽14216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
62 678
pensions
-
-
-
3 965
total
-
-
-
69 315
Employee
35 710
-
199 770
-
income
4 899
-
49 162
-
pensions
4 021
-
7 271
-
health
4 089
-
22 874
-
total
13 009
-
79 307
-
Employer
35 710
-
199 770
-
unemployment
875
-
4 895
-
accident
596
-
3 336
-
pensions
5 806
-
10 499
-
total
7 277
-
18 730
-
Corporate
175 512
218 500
-
-
income

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

157 961
196 650
-
-
total
157 961
196 650
-
-
Dividends
17 551
21 850
-
-
withholding
3 335
4 152
-
-
total
3 335
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
181 582
200 802
98 037
69 315
After tax
36 918
17 698
120 463
149 185
Living cost
22 702
22 702
22 702
22 702
Free-cash
14 216
-5 004
97 761
126 483

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147990
₽154325
₽127107
₽151451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
218 500
income
-
-
-
36 800
health insurance
-
-
-
11 239
work injury
-
-
-
759
pensions
-
-
-
27 945
unemployment
-
-
-
1 822
total
-
-
-
78 565
Employee

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

20 524
-
218 500
-
income
2 052
-
36 800
-
work injury
103
-
380
-
health insurance
1 519
-
5 619
-
pensions
3 776
-
13 972
-
unemployment
246
-
911
-
total
7 696
-
57 682
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 976
218 500
-
-
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%.

19 798
21 850
-
-
total
19 798
21 850
-
-
Dividends
178 178
196 650
-
-
withholding
26 727
29 497
-
-
total
26 727
29 497
-
-
Income
218 500
218 500
218 500
218 500
Total tax
54 221
51 347
57 682
78 565
After tax
164 279
167 153
160 818
139 935
Living cost
12 828
12 828
12 828
12 828
Free-cash
151 451
154 325
147 990
127 107

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57121
₽77198
₽64933
₽72874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 607
national
-
-
-
61 156
regional
-
-
-
5 373
municipal
-
-
-
1 538
total
-
-
-
115 674
Employee
80 154
-
218 500
-
social contributions
27 027
-
62 414
-
municipal
478
-
1 404
-
national
13 545
-
54 788
-
regional
1 210
-
4 880
-
total
42 260
-
123 486
-
Employer
80 154
-
218 500
-
total
-
-
-
-
Corporate
138 346
218 500
-
-
nationa
33 202
52 439
-
-
municipal
6 668
10 533
-
-
total
39 870
62 972
-
-
Dividends
98 476
155 528
-
-
withholding
25 603
40 437
-
-
total
25 603
40 437
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 733
103 409
123 486
115 674
After tax
110 767
115 091
95 014
102 826
Living cost
37 893
37 893
37 893
37 893
Free-cash
72 874
77 198
57 121
64 933

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close