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
₽79672
₽105074
₽78025
₽90794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 126
surtax

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

-
-
-
3 966
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.

-
-
-
6 871
trade
-
-
-
27 049
total
-
-
-
110 012
Employee

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

38 468
-
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.

59
-
3 966
-
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.

1 075
-
72 126
-
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.

6 871
-
6 871
-
total
8 005
-
82 963
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 032
218 500
-
-
income
27 005
32 774
-
-
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.

1 485
1 802
-
-
chamber of commerce
412
468
-
-
trade
28 356
34 414
-
-
total
57 258
69 458
-
-
Dividends
122 774
149 042
-
-
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.

1 668
2 029
-
-
withholding
30 312
36 878
-
-
total
31 980
38 907
-
-
Income
218 500
218 500
218 500
218 500
Total tax
97 243
108 365
82 963
110 012
After tax
121 257
110 135
135 537
108 488
Living cost
30 463
30 463
30 463
30 463
Free-cash
90 794
79 672
105 074
78 025

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82933
₽73576
₽72402
₽82044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 170
national
-
-
-
39 948
pensions
-
-
-
26 220
total
-
-
-
92 687
Employee
82 797
-
188 891
-
municipal
10 227
-
25 015
-
pensions
3 312
-
7 556
-
national
15 847
-
41 800
-
total
29 386
-
74 371
-
Employer
82 797
-
188 891
-
pensions
6 624
-
15 111
-
social contributions
890
-
2 031
-
total
7 514
-
17 142
-
Corporate
122 725
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%.

24 545
43 700
-
-
total
24 545
43 700
-
-
Dividends
98 180
174 800
-
-
withholding
21 600
38 456
-
-
total
21 600
38 456
-
-
Income
218 500
218 500
218 500
218 500
Total tax
83 045
82 156
91 513
92 687
After tax
135 455
136 344
126 987
125 813
Living cost
53 411
53 411
53 411
53 411
Free-cash
82 044
82 933
73 576
72 402

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153877
₽73664
₽58027
₽145627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
45 296
surtax
-
-
-
55 718
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
139 549
Employee
29 388
-
170 833
-
surtax
-
-
24 772
-
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.

3 233
-
13 185
-
income
5 231
-
38 288
-
total
8 464
-
76 245
-
Employer
29 388
-
170 833
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
18 792
-
total
7 079
-
47 667
-
Corporate
182 033
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%.

36 406
43 699
-
-
total
36 406
43 699
-
-
Dividends

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

145 626
174 801
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
51 949
43 699
123 912
139 549
After tax
166 551
174 801
94 588
78 951
Living cost
20 924
20 924
20 924
20 924
Free-cash
145 627
153 877
73 664
58 027

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66662
₽97623
₽75621
₽60501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 561
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
100 747
Employee
85 887
85 887
199 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
35 868
-
health
13 183
11 213
12 402
-
total
42 701
37 055
60 054
-
Employer
85 887
85 887
199 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
118 627
117 573
-
-
income
23 726
23 514
-
-
total
23 726
23 514
-
-
Dividends
94 901
94 060
-
-
income
20 166
19 989
-
-
withholding
14 234
14 108
-
-
total
34 400
34 097
-
-
Income
218 500
218 500
218 500
218 500
Total tax
115 867
109 706
78 745
100 747
After tax
102 633
108 794
139 755
117 753
Living cost
42 132
42 132
42 132
42 132
Free-cash
60 501
66 662
97 623
75 621

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78095
₽67736
₽68736
₽77170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
57 355
national
-
-
-
25 041
pensions
-
-
-
9 762
total
-
-
-
108 558
Employee
58 715
-
190 125
-
municipal
17 509
-
56 695
-
national
-
-
24 488
-
total
17 509
-
81 183
-
Employer
58 715
-
190 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
141 337
218 500
-
-
income
31 094
48 070
-
-
total
31 094
48 070
-
-
Dividends
110 243
170 430
-
-
withholding
33 073
51 129
-
-
total
33 073
51 129
-
-
Income
218 500
218 500
218 500
218 500
Total tax
100 124
99 199
109 558
108 558
After tax
118 376
119 301
108 942
109 942
Living cost
41 206
41 206
41 206
41 206
Free-cash
77 170
78 095
67 736
68 736

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69501
₽96027
₽67776
₽83635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 126
surtax

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

-
-
-
3 966
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.

-
-
-
6 871
trade
-
-
-
28 251
total
-
-
-
111 214
Employee

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

51 004
-
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.

240
-
3 966
-
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.

4 382
-
72 126
-
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.

6 871
-
6 871
-
total
11 493
-
82 963
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 496
218 500
-
-
income
25 125
32 774
-
-
surtax

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

1 382
1 802
-
-
chamber of commerce
391
464
-
-
trade
27 552
35 943
-
-
total
54 450
70 983
-
-
Dividends
113 046
147 517
-
-
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.

1 533
2 008
-
-
withholding
27 879
36 498
-
-
total
29 412
38 506
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 355
109 489
82 963
111 214
After tax
123 145
109 011
135 537
107 286
Living cost
39 510
39 510
39 510
39 510
Free-cash
83 635
69 501
96 027
67 776

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126642
₽112846
₽114654
₽122471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 381
social contributions
-
-
-
16 273
health
-
-
-
5 571
total
-
-
-
71 225
Employee
77 337
77 337
206 031
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
48 406
-
health
769
1 315
3 502
-
total
12 648
14 893
60 565
-
Employer
77 337
77 337
206 031
-
health
838
1 431
3 811
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 468
-
Corporate
168 634
133 313
-
-
income
21 079
16 664
-
-
total
21 079
16 664
-
-
Dividends
147 556
116 649
-
-
withholding
25 085
19 830
-
-
total
25 085
19 830
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 408
59 237
73 033
71 225
After tax
155 092
159 263
145 467
147 275
Living cost
32 621
32 621
32 621
32 621
Free-cash
122 471
126 642
112 846
114 654

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104204
₽108210
₽132911
₽104588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 712
unemployment
-
-
-
3 277
health
-
-
-
15 295
pensions
-
-
-
21 850
total
-
-
-
67 134
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
182 845
-
unemployment
400
159
2 743
-
pensions
2 664
1 060
18 285
-
income
3 257
1 296
22 353
-
health
1 865
742
12 799
-
total
8 186
3 257
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.

26 641
10 603
182 845
-
pensions
5 195
2 068
35 655
-
total
5 195
2 068
35 655
-
Corporate
186 664
205 830
-
-
income
16 800
18 525
-
-
total
16 800
18 525
-
-
Dividends
169 865
187 305
-
-
social contributions
33 002
36 403
-
-
withholding
32 274
35 588
-
-
total
65 276
71 991
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 457
95 841
91 835
67 134
After tax
123 043
122 659
126 665
151 366
Living cost
18 455
18 455
18 455
18 455
Free-cash
104 588
104 204
108 210
132 911

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150508
₽101650
₽92822
₽144259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 280
health
-
-
-
28 406
pensions
-
-
-
43 699
total
-
-
-
101 385
Employee
28 531
-
163 302
-
unemployment
456
-
2 613
-
pensions
571
-
3 266
-
income
3 212
-
31 484
-
total
4 239
-
37 363
-
Employer
28 531
-
163 302
-
health
3 708
-
21 229
-
pensions
5 707
-
32 660
-
unemployment
229
-
1 305
-
total
9 644
-
55 194
-
Corporate
180 324
218 500
-
-
income
36 065
43 699
-
-
total
36 065
43 699
-
-
Dividends
144 260
174 801
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
49 948
43 699
92 557
101 385
After tax
168 552
174 801
125 943
117 115
Living cost
24 292
24 292
24 292
24 292
Free-cash
144 259
150 508
101 650
92 822

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4702
₽97659
₽126827
₽14263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 273
Employee
35 237
-
199 080
-
pensions
3 968
-
7 768
-
income
4 834
-
48 457
-
health
4 035
-
22 795
-
total
12 837
-
79 020
-
Employer
35 237
-
199 080
-
pensions
5 730
-
11 218
-
accident
588
-
3 325
-
unemployment
863
-
4 878
-
total
7 181
-
19 421
-
Corporate
176 082
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.

158 474
196 650
-
-
total
158 474
196 650
-
-
Dividends
17 608
21 850
-
-
withholding
3 345
4 152
-
-
total
3 345
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
181 837
200 802
98 441
69 273
After tax
36 663
17 698
120 059
149 227
Living cost
22 400
22 400
22 400
22 400
Free-cash
14 263
-4 702
97 659
126 827

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199435
₽166660
₽208175
₽197909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
218 500
-
income
2 035
-
43 700
-
total
2 035
-
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%.

208 326
218 500
-
-
total
-
-
-
-
Dividends
208 326
218 500
-
-
withholding
10 416
10 925
-
-
total
10 416
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
12 451
10 925
43 700
2 185
After tax
206 049
207 575
174 800
216 315
Living cost
8 140
8 140
8 140
8 140
Free-cash
197 909
199 435
166 660
208 175

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133733
₽101486
₽103306
₽126938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 695
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
88 395
Employee
36 518
-
179 746
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
37 086
-
health
512
-
2 141
-
total
9 720
-
51 461
-
Employer
36 518
-
179 746
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 437
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 754
-
Corporate
172 779
218 500
-
-
income
36 284
45 885
-
-
total
36 284
45 885
-
-
Dividends
136 495
172 615
-
-
withholding
9 554
12 083
-
-
total
9 554
12 083
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 763
57 968
90 215
88 395
After tax
153 737
160 532
128 285
130 105
Living cost
26 799
26 799
26 799
26 799
Free-cash
126 938
133 733
101 486
103 306

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71597
₽55304
₽74849
₽79644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 950
pensions
-
-
-
9 842
total
-
-
-
76 792
Employee
94 595
-
190 480
-
pensions
9 126
-
11 797
-
income
17 052
-
53 923
-
health
1 559
-
2 596
-
total
27 737
-
68 316
-
Employer
94 595
-
190 480
-
health
1 797
-
3 620
-
pensions
11 169
-
24 401
-
total
12 966
-
28 021
-
Corporate
110 939
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.

21 079
41 514
-
-
total
21 079
41 514
-
-
Dividends
89 860
176 986
-
-
withholding
10 215
38 530
-
-
total
10 215
38 530
-
-
Income
218 500
218 500
218 500
218 500
Total tax
71 997
80 044
96 337
76 792
After tax
146 503
138 456
122 163
141 708
Living cost
66 859
66 859
66 859
66 859
Free-cash
79 644
71 597
55 304
74 849

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173612
₽172139
₽163127
₽168933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 775
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
42 168
Employee
17 485
-
211 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
21 160
-
health
804
-
1 618
-
total
4 280
-
26 254
-
Employer
17 485
-
211 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
197 584
218 500
-
-
income
19 759
21 850
-
-
total
19 759
21 850
-
-
Dividends
177 825
196 650
-
-
withholding
8 891
9 833
-
-
total
8 891
9 833
-
-
Income
218 500
218 500
218 500
218 500
Total tax
36 362
31 683
33 156
42 168
After tax
182 138
186 817
185 344
176 332
Living cost
13 205
13 205
13 205
13 205
Free-cash
168 933
173 612
172 139
163 127

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53024
₽83985
₽61983
₽55553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 561
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
100 747
Employee
93 245
85 887
199 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
35 868
-
health
11 633
11 213
12 402
-
total
37 475
37 055
60 054
-
Employer
93 245
85 887
199 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
108 928
117 573
-
-
income
21 787
23 514
-
-
total
21 787
23 514
-
-
Dividends
87 142
94 060
-
-
income
18 517
19 989
-
-
withholding
13 072
14 108
-
-
total
31 589
34 097
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 177
109 706
78 745
100 747
After tax
111 323
108 794
139 755
117 753
Living cost
55 770
55 770
55 770
55 770
Free-cash
55 553
53 024
83 985
61 983

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽125444
₽93575
₽102998
₽116527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 956
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 091
health
-
-
-
29 498
total
-
-
-
90 509
Employee
36 754
-
172 210
-
solidarity contribution
-
-
1 245
-
social contributions
2 389
-
8 006
-
income
4 411
-
21 143
-
health
4 962
-
23 248
-
total
11 762
-
53 642
-
Employer
36 754
-
172 210
-
health
3 308
-
15 499
-
social contributions
9 189
-
30 791
-
total
12 497
-
46 290
-
Corporate
169 249
218 500
-
-
income
32 157
41 515
-
-
total
32 157
41 515
-
-
Dividends
137 092
176 985
-
-
withholding
20 564
26 548
-
-
total
20 564
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 980
68 063
99 932
90 509
After tax
141 520
150 437
118 568
127 991
Living cost
24 993
24 993
24 993
24 993
Free-cash
116 527
125 444
93 575
102 998

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74138
₽53853
₽62379
₽68888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
2 726
municipal
-
-
-
1 346
national
-
-
-
59 273
total
-
-
-
113 682
Employee
89 385
-
218 500
-
municipal
473
-
1 220
-
national
15 488
-
52 542
-
regional
843
-
2 453
-
social contributions
30 141
-
65 993
-
total
46 945
-
122 208
-
Employer
89 385
-
218 500
-
total
-
-
-
-
Corporate
129 115
218 500
-
-
municipal
5 035
8 522
-
-
nationa
30 988
52 441
-
-
total
36 023
60 963
-
-
Dividends
93 093
157 538
-
-
withholding
24 205
40 960
-
-
total
24 205
40 960
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 173
101 923
122 208
113 682
After tax
111 327
116 577
96 292
104 818
Living cost
42 439
42 439
42 439
42 439
Free-cash
68 888
74 138
53 853
62 379

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115244
₽74508
₽80660
₽112112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 728
other
-
-
-
-
surtax
-
-
-
11 314
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
115 647
Employee
33 259
-
190 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
10 112
-
income
5 575
-
61 714
-
health
849
-
3 422
-
total
11 066
-
93 544
-
Employer
33 259
-
190 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
178 240
218 500
-
-
income
46 343
56 809
-
-
total
46 343
56 809
-
-
Dividends
131 897
161 691
-
-
withholding
19 784
24 254
-
-
total
19 784
24 254
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 195
81 063
121 799
115 647
After tax
134 305
137 437
96 701
102 853
Living cost
22 193
22 193
22 193
22 193
Free-cash
112 112
115 244
74 508
80 660

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92780
₽76487
₽96032
₽99382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 950
pensions
-
-
-
9 842
total
-
-
-
76 792
Employee
63 395
-
190 480
-
pensions
5 381
-
11 797
-
income
11 418
-
53 923
-
health
920
-
2 596
-
total
17 719
-
68 316
-
Employer
63 395
-
190 480
-
health
1 204
-
3 620
-
pensions
6 863
-
24 401
-
total
8 067
-
28 021
-
Corporate
147 038
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.

27 937
41 514
-
-
total
27 937
41 514
-
-
Dividends
119 101
176 986
-
-
withholding
19 719
38 530
-
-
total
19 719
38 530
-
-
Income
218 500
218 500
218 500
218 500
Total tax
73 442
80 044
96 337
76 792
After tax
145 058
138 456
122 163
141 708
Living cost
45 676
45 676
45 676
45 676
Free-cash
99 382
92 780
76 487
96 032

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20169
₽85861
₽94466
₽54290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 371
regional
-
-
-
11 879
health
-
-
-
492
city
-
-
-
2 302
national
-
-
-
5 142
pensions
-
-
-
20 103
total
-
-
-
44 289
Employee
93 322
-
196 290
-
unemployment
-
-
-
-
pensions
7 840
-
15 683
-
national
442
-
4 118
-
regional
3 056
-
10 482
-
city
1 002
-
2 118
-
health
211
-
442
-
total
12 551
-
32 843
-
Employer
93 322
-
196 290
-
health
211
-
442
-
pensions
7 840
-
15 683
-
unemployment
-
-
-
-
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.

1 866
-
3 926
-
total
9 917
-
20 051
-
Corporate
114 235
218 500
-
-
regional
24 160
46 212
-
-
national
9 710
18 573
-
-
total
33 870
64 785
-
-
Dividends
80 364
153 715
-
-
withholding
28 127
53 801
-
-
total
28 127
53 801
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 465
118 586
52 894
44 289
After tax
134 035
99 914
165 606
174 211
Living cost
79 745
79 745
79 745
79 745
Free-cash
54 290
20 169
85 861
94 466

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61814
₽89463
₽60010
₽78123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 126
surtax

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

-
-
-
3 966
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.

-
-
-
6 871
trade
-
-
-
29 453
total
-
-
-
112 416
Employee

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

60 444
-
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.

391
-
3 966
-
income

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

7 108
-
72 126
-
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.

6 871
-
6 871
-
total
14 370
-
82 963
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 056
218 500
-
-
income
23 709
32 774
-
-
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.

1 304
1 802
-
-
chamber of commerce
376
460
-
-
trade
27 106
37 473
-
-
total
52 495
72 509
-
-
Dividends
105 562
145 991
-
-
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.

1 430
1 987
-
-
withholding
26 008
36 116
-
-
total
27 438
38 103
-
-
Income
218 500
218 500
218 500
218 500
Total tax
94 303
110 612
82 963
112 416
After tax
124 197
107 888
135 537
106 084
Living cost
46 074
46 074
46 074
46 074
Free-cash
78 123
61 814
89 463
60 010

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75714
₽79927
₽85830
₽81654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 711
other
-
-
-
6 774
surtax
-
-
-
-
social contributions
-
-
-
6 224
health
-
-
-
10 530
pensions
-
-
-
35 021
total
-
-
-
98 260
Employee
43 044
-
166 998
-
pensions
4 867
-
12 484
-
surtax
-
-
-
-
social contributions
1 227
-
4 758
-
income
2 540
-
35 428
-
total
8 634
-
52 670
-
Employer
43 044
-
166 998
-
health
3 014
-
16 484
-
pensions
7 071
-
20 860
-
unemployment
1 743
-
6 764
-
social contributions
130
-
500
-
other
1 485
-
6 885
-
total
13 443
-
51 493
-
Corporate
162 013
218 500
-
-
income
45 363
61 180
-
-
surtax
-
-
-
-
total
45 363
61 180
-
-
Dividends
116 650
157 320
-
-
surtax
-
-
-
-
social contributions
20 065
27 058
-
-
withholding
14 931
20 138
-
-
total
34 996
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
102 436
108 376
104 163
98 260
After tax
116 064
110 124
114 337
120 240
Living cost
34 410
34 410
34 410
34 410
Free-cash
81 654
75 714
79 927
85 830

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79123
₽83336
₽89239
₽84711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 711
other
-
-
-
6 774
surtax
-
-
-
-
social contributions
-
-
-
6 224
health
-
-
-
10 530
pensions
-
-
-
35 021
total
-
-
-
98 260
Employee
38 423
-
166 998
-
pensions
4 346
-
12 484
-
surtax
-
-
-
-
social contributions
1 096
-
4 758
-
income
1 981
-
35 428
-
total
7 423
-
52 670
-
Employer
38 423
-
166 998
-
health
2 689
-
16 484
-
pensions
6 314
-
20 860
-
unemployment
1 556
-
6 764
-
social contributions
115
-
500
-
other
1 326
-
6 885
-
total
12 000
-
51 493
-
Corporate
168 077
218 500
-
-
income
47 062
61 180
-
-
surtax
-
-
-
-
total
47 062
61 180
-
-
Dividends
121 015
157 320
-
-
surtax
-
-
-
-
social contributions
20 813
27 058
-
-
withholding
15 490
20 138
-
-
total
36 303
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
102 788
108 376
104 163
98 260
After tax
115 712
110 124
114 337
120 240
Living cost
31 001
31 001
31 001
31 001
Free-cash
84 711
79 123
83 336
89 239

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111977
₽113271
₽118993
₽112498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 774
social contributions
-
-
-
30 154
health
-
-
-
15 252
total
-
-
-
78 180
Employee
34 101
-
218 500
-
social contributions
4 707
-
30 154
-
income
5 688
-
38 496
-
health
2 380
-
15 252
-
total
12 775
-
83 902
-
Employer
34 101
-
218 500
-
total
-
-
-
-
Corporate
184 399
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%.

9 220
10 925
-
-
total
9 220
10 925
-
-
Dividends
175 179
207 575
-
-
social contributions
24 174
28 646
-
-
withholding
26 278
31 137
-
-
health
12 228
14 488
-
-
total
62 680
74 271
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 675
85 196
83 902
78 180
After tax
133 825
133 304
134 598
140 320
Living cost
21 327
21 327
21 327
21 327
Free-cash
112 498
111 977
113 271
118 993

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85063
₽21926
₽76622
₽83507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 473
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
874
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
106 439
Employee
50 263
40 080
179 929
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
57 258
-
health
1 945
1 552
4 546
-
total
14 824
10 214
78 537
-
Employer
50 263
40 080
179 929
-
chamber of commerce
200
160
720
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 398
-
other
2 388
1 903
8 016
-
total
14 662
11 732
38 571
-
Corporate
153 575
166 685
176 112
-
income

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

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

38 393
41 672
44 027
-
total
38 393
41 672
44 027
-
Dividends
115 182
125 013
-
-
withholding
31 675
34 380
-
-
total
31 675
34 380
-
-
Income
218 500
218 500
218 500
218 500
Total tax
99 554
97 998
161 135
106 439
After tax
118 946
120 502
57 365
112 061
Living cost
35 439
35 439
35 439
35 439
Free-cash
83 507
85 063
21 926
76 622

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83668
₽37950
₽58324
₽70360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 606
social contributions
-
-
-
25 075
national
-
-
-
86 824
total
-
-
-
123 505
Employee

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

71 942
-
169 232
-
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.

626
-
1 472
-
communal

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

3 752
-
8 827
-
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.

5 396
-
12 692
-
national
22 118
-
63 669
-
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.

3 380
-
7 955
-
total
35 272
-
94 615
-
Employer

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

71 942
-
169 232
-
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.

4 424
-
10 408
-
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.

6 375
-
14 994
-
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.

935
-
2 201
-
unemployment

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

1 050
-
2 472
-
surtax
8 157
-
19 189
-
total
20 941
-
49 264
-
Corporate
125 617
218 500
-
-
income
25 123
46 188
-
-
surtax
502
924
-
-
total
25 625
47 112
-
-
Dividends
99 992
171 388
-
-
withholding

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

29 631
51 049
-
-
total
29 631
51 049
-
-
Income
218 500
218 500
218 500
218 500
Total tax
111 469
98 161
143 879
123 505
After tax
107 031
120 339
74 621
94 995
Living cost
36 671
36 671
36 671
36 671
Free-cash
70 360
83 668
37 950
58 324

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108825
₽81617
₽85836
₽101933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
68 374
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 342
Employee
50 064
-
188 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
64 922
-
total
13 743
-
70 843
-
Employer
50 064
-
188 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
152 479
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.

22 873
32 774
-
-
total
22 873
32 774
-
-
Dividends
129 606
185 726
-
-
withholding
27 671
40 579
-
-
total
27 671
40 579
-
-
Income
218 500
218 500
218 500
218 500
Total tax
80 245
73 353
100 561
96 342
After tax
138 255
145 147
117 939
122 158
Living cost
36 322
36 322
36 322
36 322
Free-cash
101 933
108 825
81 617
85 836

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69732
₽57454
₽48743
₽55931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 809
accident
-
-
-
1 842
income
-
-
-
40 515
surtax
-
-
-
10 833
health
-
-
-
15 351
pensions
-
-
-
32 751
total
-
-
-
115 101
Employee
76 164
-
195 177
-
pensions
6 092
-
15 614
-
surtax
4 668
-
11 961
-
income
7 357
-
46 806
-
health
3 390
-
8 686
-
total
21 507
-
83 067
-
Employer
76 164
-
195 177
-
health
2 323
-
5 953
-
pensions
6 092
-
15 614
-
accident
685
-
1 756
-
total
9 100
-
23 323
-
Corporate
133 235
218 500
-
-
communal
8 993
14 750
-
-
income
19 985
32 774
-
-
surtax
1 399
2 294
-
-
total
30 377
49 818
-
-
Dividends
102 858
168 682
-
-
income
31 500
18 992
-
-
withholding
15 429
25 302
-
-
total
46 929
44 294
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 913
94 112
106 390
115 101
After tax
110 587
124 388
112 110
103 399
Living cost
54 656
54 656
54 656
54 656
Free-cash
55 931
69 732
57 454
48 743

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114847
₽74111
₽80263
₽111647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 728
other
-
-
-
-
surtax
-
-
-
11 314
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
115 647
Employee
33 870
-
190 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
10 112
-
income
5 678
-
61 714
-
health
865
-
3 422
-
total
11 280
-
93 544
-
Employer
33 870
-
190 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
177 499
218 500
-
-
income
46 150
56 809
-
-
total
46 150
56 809
-
-
Dividends
131 350
161 691
-
-
withholding
19 702
24 254
-
-
total
19 702
24 254
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 263
81 063
121 799
115 647
After tax
134 237
137 437
96 701
102 853
Living cost
22 590
22 590
22 590
22 590
Free-cash
111 647
114 847
74 111
80 263

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87754
₽68555
₽77037
₽85522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 414
municipal
-
-
-
1 346
national
-
-
-
59 273
total
-
-
-
114 370
Employee
55 790
-
218 500
-
municipal
296
-
1 220
-
national
8 839
-
52 542
-
regional
751
-
3 097
-
social contributions
18 813
-
65 993
-
total
28 699
-
122 852
-
Employer
55 790
-
218 500
-
total
-
-
-
-
Corporate
162 710
218 500
-
-
municipal
8 087
10 860
-
-
nationa
39 050
52 441
-
-
total
47 137
63 301
-
-
Dividends
115 573
155 200
-
-
withholding
30 049
40 352
-
-
total
30 049
40 352
-
-
Income
218 500
218 500
218 500
218 500
Total tax
105 885
103 653
122 852
114 370
After tax
112 615
114 847
95 648
104 130
Living cost
27 093
27 093
27 093
27 093
Free-cash
85 522
87 754
68 555
77 037

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119639
₽87770
₽97193
₽108652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 956
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 091
health
-
-
-
29 498
total
-
-
-
90 509
Employee
45 291
-
172 210
-
solidarity contribution
-
-
1 245
-
social contributions
2 944
-
8 006
-
income
5 435
-
21 143
-
health
6 114
-
23 248
-
total
14 493
-
53 642
-
Employer
45 291
-
172 210
-
health
4 076
-
15 499
-
social contributions
11 323
-
30 791
-
total
15 399
-
46 290
-
Corporate
157 810
218 500
-
-
income
29 984
41 515
-
-
total
29 984
41 515
-
-
Dividends
127 826
176 985
-
-
withholding
19 174
26 548
-
-
total
19 174
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 050
68 063
99 932
90 509
After tax
139 450
150 437
118 568
127 991
Living cost
30 798
30 798
30 798
30 798
Free-cash
108 652
119 639
87 770
97 193

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88523
₽25327
₽80172
₽88022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 473
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
874
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
106 241
Employee
43 964
40 080
180 116
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
57 348
-
health
1 701
1 552
4 546
-
total
11 877
10 214
78 627
-
Employer
43 964
40 080
180 116
-
chamber of commerce
176
160
720
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 403
-
other
2 088
1 903
8 022
-
total
12 653
11 534
38 384
-
Corporate
161 884
166 884
176 299
-
income

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

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

40 472
41 722
44 075
-
total
40 472
41 722
44 075
-
Dividends
121 412
125 162
-
-
withholding
33 389
34 420
-
-
total
33 389
34 420
-
-
Income
218 500
218 500
218 500
218 500
Total tax
98 391
97 890
161 086
106 241
After tax
120 109
120 610
57 414
112 259
Living cost
32 087
32 087
32 087
32 087
Free-cash
88 022
88 523
25 327
80 172

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194891
₽162116
₽203631
₽192513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
218 500
-
income
3 171
-
43 700
-
total
3 171
-
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%.

202 645
218 500
-
-
total
-
-
-
-
Dividends
202 645
218 500
-
-
withholding
10 132
10 925
-
-
total
10 132
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
13 303
10 925
43 700
2 185
After tax
205 197
207 575
174 800
216 315
Living cost
12 684
12 684
12 684
12 684
Free-cash
192 513
194 891
162 116
203 631

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123459
₽70540
₽75286
₽115047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
54 507
unemployment
-
-
-
328
health
-
-
-
21 500
pensions
-
-
-
39 903
total
-
-
-
116 238
Employee

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

44 474
-
189 064
-
unemployment
63
-
265
-
pensions
6 894
-
29 305
-
income
7 670
-
49 764
-
health
2 872
-
12 213
-
total
17 499
-
91 547
-
Employer

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

44 474
-
189 064
-
health
2 962
-
12 591
-
pensions
3 936
-
16 733
-
unemployment
27
-
113
-
total
6 925
-
29 437
-
Corporate
167 101
218 500
-
-
income
31 749
41 516
-
-
total
31 749
41 516
-
-
Dividends
135 352
176 984
-
-
withholding
20 304
26 549
-
-
total
20 304
26 549
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 477
68 065
120 984
116 238
After tax
142 023
150 435
97 516
102 262
Living cost
26 976
26 976
26 976
26 976
Free-cash
115 047
123 459
70 540
75 286

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88932
₽161081
₽106998
₽40424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 590
social contributions
-
-
-
24 909
total
-
-
-
67 499
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
66 442
218 500
-
-
income
14 617
48 070
-
-
total
14 617
48 070
-
-
Dividends
51 825
170 430
-
-
income
11 402
37 495
-
-
total
11 402
37 495
-
-
Income
218 500
218 500
218 500
218 500
Total tax
134 073
85 565
13 416
67 499
After tax
84 427
132 935
205 084
151 001
Living cost
44 003
44 003
44 003
44 003
Free-cash
40 424
88 932
161 081
106 998

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92735
₽66042
₽82817
₽91723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 206
surtax
-
-
-
-
social contributions

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

-
-
-
75 930
total
-
-
-
104 136
Employee
46 257
-
176 566
-
surtax
-
-
111
-
social contributions
5 088
-
19 422
-
income
9 622
-
59 444
-
total
14 710
-
78 977
-
Employer
46 257
-
176 566
-
social contributions
10 986
-
41 934
-
total
10 986
-
41 934
-
Corporate
161 258
218 500
-
-
income
33 864
45 885
-
-
surtax
-
-
-
-
total
33 864
45 885
-
-
Dividends
127 393
172 615
-
-
withholding
35 670
48 333
-
-
total
35 670
48 333
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 230
94 218
120 911
104 136
After tax
123 270
124 282
97 589
114 364
Living cost
31 547
31 547
31 547
31 547
Free-cash
91 723
92 735
66 042
82 817

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61548
₽65761
₽71664
₽68463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 711
other
-
-
-
6 774
surtax
-
-
-
-
social contributions
-
-
-
6 224
health
-
-
-
10 530
pensions
-
-
-
35 021
total
-
-
-
98 260
Employee
62 992
-
166 998
-
pensions
7 125
-
12 484
-
surtax
-
-
-
-
social contributions
1 794
-
4 758
-
income
5 496
-
35 428
-
total
14 415
-
52 670
-
Employer
62 992
-
166 998
-
health
4 409
-
16 484
-
pensions
10 350
-
20 860
-
unemployment
2 552
-
6 764
-
social contributions
189
-
500
-
other
2 174
-
6 885
-
total
19 674
-
51 493
-
Corporate
135 834
218 500
-
-
income
38 034
61 180
-
-
surtax
-
-
-
-
total
38 034
61 180
-
-
Dividends
97 800
157 320
-
-
surtax
-
-
-
-
social contributions
16 820
27 058
-
-
withholding
12 518
20 138
-
-
total
29 338
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
101 461
108 376
104 163
98 260
After tax
117 039
110 124
114 337
120 240
Living cost
48 576
48 576
48 576
48 576
Free-cash
68 463
61 548
65 761
71 664

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166418
₽135068
₽129262
₽163039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 936
social contributions
-
-
-
48 070
total
-
-
-
59 006
Employee
32 334
-
189 178
-
income
-
-
11 581
-
social contributions
2 101
-
12 297
-
total
2 101
-
23 878
-
Employer
32 334
-
189 178
-
social contributions
5 012
-
29 322
-
total
5 012
-
29 322
-
Corporate
181 154
218 500
-
-
income
18 116
21 850
-
-
total
18 116
21 850
-
-
Dividends
163 038
196 650
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
25 229
21 850
53 200
59 006
After tax
193 271
196 650
165 300
159 494
Living cost
30 232
30 232
30 232
30 232
Free-cash
163 039
166 418
135 068
129 262

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽526
-₽526
₽78060
-₽526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 410
municipal
-
-
-
46 745
national
-
-
-
27 000
pensions
-
-
-
871
total
-
-
-
92 026
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
170 612
170 612
170 612
92 026
After tax
47 888
47 888
47 888
126 474
Living cost
48 414
48 414
48 414
48 414
Free-cash
-526
-526
-526
78 060

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4372
₽97989
₽127157
₽14312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 273
Employee
34 717
-
199 080
-
pensions
3 909
-
7 768
-
income
4 763
-
48 457
-
health
3 975
-
22 795
-
total
12 647
-
79 020
-
Employer
34 717
-
199 080
-
pensions
5 645
-
11 218
-
accident
580
-
3 325
-
unemployment
851
-
4 878
-
total
7 076
-
19 421
-
Corporate
176 707
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.

159 037
196 650
-
-
total
159 037
196 650
-
-
Dividends
17 671
21 850
-
-
withholding
3 358
4 152
-
-
total
3 358
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
182 118
200 802
98 441
69 273
After tax
36 382
17 698
120 059
149 227
Living cost
22 070
22 070
22 070
22 070
Free-cash
14 312
-4 372
97 989
127 157

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95736
₽71283
₽96311
₽98843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 945
municipal
-
-
-
38 800
national
-
-
-
41 831
total
-
-
-
83 576
Employee
52 914
-
183 813
-
municipal
8 667
-
29 923
-
unemployment
794
-
2 758
-
pensions
3 571
-
12 408
-
national
874
-
26 419
-
health
395
-
2 411
-
total
14 301
-
73 919
-
Employer
52 914
-
183 813
-
health
407
-
1 416
-
pensions
9 180
-
31 891
-
accident
53
-
183
-
unemployment
344
-
1 195
-
total
9 984
-
34 685
-
Corporate
155 602
218 500
-
-
income
31 120
43 699
-
-
total
31 120
43 699
-
-
Dividends

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

93 362
131 101
-
-
municipal
16 805
23 598
-
-
national
8 834
16 854
-
-
total
25 639
40 452
-
-
Income
218 500
218 500
218 500
218 500
Total tax
81 044
84 151
108 604
83 576
After tax
137 456
134 349
109 896
134 924
Living cost
38 613
38 613
38 613
38 613
Free-cash
98 843
95 736
71 283
96 311

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135977
₽122181
₽123989
₽130503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 381
social contributions
-
-
-
16 273
health
-
-
-
5 571
total
-
-
-
71 225
Employee
77 337
77 337
206 031
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
48 406
-
health
599
1 315
3 502
-
total
11 944
14 893
60 565
-
Employer
77 337
77 337
206 031
-
health
651
1 431
3 811
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 468
-
Corporate
179 695
133 313
-
-
income
22 462
16 664
-
-
total
22 462
16 664
-
-
Dividends
157 233
116 649
-
-
withholding
26 730
19 830
-
-
total
26 730
19 830
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 711
59 237
73 033
71 225
After tax
153 789
159 263
145 467
147 275
Living cost
23 286
23 286
23 286
23 286
Free-cash
130 503
135 977
122 181
123 989

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164973
₽149721
₽169892
₽159856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 573
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
32 640
Employee

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

23 085
-
208 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
20 079
-
health
1 962
-
8 112
-
total
7 117
-
42 982
-
Employer

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

23 085
-
208 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
193 038
218 500
-
-
income
17 374
19 664
-
-
total
17 374
19 664
-
-
Dividends
175 664
198 836
-
-
withholding
15 809
17 895
-
-
total
15 809
17 895
-
-
Income
218 500
218 500
218 500
218 500
Total tax
42 676
37 559
52 811
32 640
After tax
175 824
180 941
165 689
185 860
Living cost
15 968
15 968
15 968
15 968
Free-cash
159 856
164 973
149 721
169 892

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117490
₽90282
₽94501
₽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
accident
-
-
-
840
income
-
-
-
68 374
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 342
Employee
37 188
-
188 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
64 922
-
total
9 530
-
70 843
-
Employer
37 188
-
188 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
169 455
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.

25 419
32 774
-
-
total
25 419
32 774
-
-
Dividends
144 037
185 726
-
-
withholding
30 992
40 579
-
-
total
30 992
40 579
-
-
Income
218 500
218 500
218 500
218 500
Total tax
77 798
73 353
100 561
96 342
After tax
140 702
145 147
117 939
122 158
Living cost
27 657
27 657
27 657
27 657
Free-cash
113 045
117 490
90 282
94 501

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134385
₽138776
₽138915
₽134064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 161
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
77 626
Employee
2 983
-
216 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
75 086
-
health
149
-
357
-
total
1 024
-
76 157
-
Employer
2 983
-
216 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
214 846
218 500
-
-
income
47 266
48 070
-
-
total
47 266
48 070
-
-
Dividends
167 580
170 430
-
-
withholding
33 516
34 086
-
-
total
33 516
34 086
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 477
82 156
77 765
77 626
After tax
136 023
136 344
140 735
140 874
Living cost
1 959
1 959
1 959
1 959
Free-cash
134 064
134 385
138 776
138 915

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140473
₽122588
₽122587
₽135524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
50 424
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
78 520
Employee

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

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

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

26 227
-
205 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
50 424
-
health
1 351
-
3 828
-
total
8 835
-
65 215
-
Employer

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

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

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

26 227
-
205 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
187 578
218 500
-
-
income
28 137
32 775
-
-
total
28 137
32 775
-
-
Dividends
159 441
185 725
-
-
withholding
23 916
27 859
-
-
total
23 916
27 859
-
-
Income
218 500
218 500
218 500
218 500
Total tax
65 583
60 634
78 519
78 520
After tax
152 917
157 866
139 981
139 980
Living cost
17 393
17 393
17 393
17 393
Free-cash
135 524
140 473
122 588
122 587

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97168
₽70475
₽87250
₽96808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 206
surtax
-
-
-
-
social contributions

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

-
-
-
75 930
total
-
-
-
104 136
Employee
39 035
-
176 566
-
surtax
-
-
111
-
social contributions
4 294
-
19 422
-
income
7 627
-
59 444
-
total
11 921
-
78 977
-
Employer
39 035
-
176 566
-
social contributions
9 270
-
41 934
-
total
9 270
-
41 934
-
Corporate
170 195
218 500
-
-
income
35 740
45 885
-
-
surtax
-
-
-
-
total
35 740
45 885
-
-
Dividends
134 454
172 615
-
-
withholding
37 647
48 333
-
-
total
37 647
48 333
-
-
Income
218 500
218 500
218 500
218 500
Total tax
94 578
94 218
120 911
104 136
After tax
123 922
124 282
97 589
114 364
Living cost
27 114
27 114
27 114
27 114
Free-cash
96 808
97 168
70 475
87 250

Estimated living cost  is ₽27114 per week

₽19204
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.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109801
₽82593
₽86812
₽103217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
68 374
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 342
Employee
48 573
-
188 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
64 922
-
total
13 228
-
70 843
-
Employer
48 573
-
188 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
154 441
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.

23 167
32 774
-
-
total
23 167
32 774
-
-
Dividends
131 274
185 726
-
-
withholding
28 056
40 579
-
-
total
28 056
40 579
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 937
73 353
100 561
96 342
After tax
138 563
145 147
117 939
122 158
Living cost
35 346
35 346
35 346
35 346
Free-cash
103 217
109 801
82 593
86 812

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
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.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169492
₽168019
₽159007
₽163356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 775
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
42 168
Employee
22 941
-
211 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
21 160
-
health
1 055
-
1 618
-
total
5 615
-
26 254
-
Employer
22 941
-
211 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
191 058
218 500
-
-
income
19 106
21 850
-
-
total
19 106
21 850
-
-
Dividends
171 952
196 650
-
-
withholding
8 597
9 833
-
-
total
8 597
9 833
-
-
Income
218 500
218 500
218 500
218 500
Total tax
37 819
31 683
33 156
42 168
After tax
180 681
186 817
185 344
176 332
Living cost
17 325
17 325
17 325
17 325
Free-cash
163 356
169 492
168 019
159 007

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73556
₽96708
₽72064
₽86711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 126
surtax

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

-
-
-
3 966
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.

-
-
-
6 871
trade
-
-
-
24 644
total
-
-
-
107 607
Employee

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

50 042
-
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
-
3 966
-
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.

4 115
-
72 126
-
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.

6 871
-
6 871
-
total
11 213
-
82 963
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 458
218 500
-
-
income
25 268
32 774
-
-
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.

1 389
1 802
-
-
chamber of commerce
399
473
-
-
trade
24 174
31 354
-
-
total
51 230
66 403
-
-
Dividends
117 227
152 096
-
-
surtax

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

1 592
2 071
-
-
withholding
28 925
37 641
-
-
total
30 517
39 712
-
-
Income
218 500
218 500
218 500
218 500
Total tax
92 960
106 115
82 963
107 607
After tax
125 540
112 385
135 537
110 893
Living cost
38 829
38 829
38 829
38 829
Free-cash
86 711
73 556
96 708
72 064

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95659
₽53020
₽53020
₽97878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 776
social contributions
-
-
-
37 412
total
-
-
-
108 188
Employee
78 672
-
218 500
-
income
14 845
-
70 776
-
social contributions
6 536
-
37 412
-
total
21 381
-
108 188
-
Employer
78 672
-
218 500
-
total
-
-
-
-
Corporate
139 828
218 500
-
-
income
17 479
27 312
-
-
total
17 479
27 312
-
-
Dividends
122 349
191 188
-
-
withholding
24 470
38 237
-
-
total
24 470
38 237
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 330
65 549
108 188
108 188
After tax
155 170
152 951
110 312
110 312
Living cost
57 292
57 292
57 292
57 292
Free-cash
97 878
95 659
53 020
53 020

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100202
₽116327
₽143140
₽103717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 774
health

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

-
-
-
6 077
total
-
-
-
38 851
Employee
46 138
-
213 874
-
income
5 006
-
56 412
-
social contributions
4 623
-
4 626
-
total
9 629
-
61 038
-
Employer
46 138
-
213 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
167 740
218 500
-
-
income
58 708
76 475
-
-
total
58 708
76 475
-
-
Dividends
109 031
142 025
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 274
81 789
65 664
38 851
After tax
140 226
136 711
152 836
179 649
Living cost
36 509
36 509
36 509
36 509
Free-cash
103 717
100 202
116 327
143 140

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101323
₽85030
₽104575
₽107240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 950
pensions
-
-
-
9 842
total
-
-
-
76 792
Employee
50 971
-
190 480
-
pensions
3 890
-
11 797
-
income
9 282
-
53 923
-
health
665
-
2 596
-
total
13 837
-
68 316
-
Employer
50 971
-
190 480
-
health
969
-
3 620
-
pensions
5 150
-
24 401
-
total
6 119
-
28 021
-
Corporate
161 411
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.

30 669
41 514
-
-
total
30 669
41 514
-
-
Dividends
130 742
176 986
-
-
withholding
23 502
38 530
-
-
total
23 502
38 530
-
-
Income
218 500
218 500
218 500
218 500
Total tax
74 127
80 044
96 337
76 792
After tax
144 373
138 456
122 163
141 708
Living cost
37 133
37 133
37 133
37 133
Free-cash
107 240
101 323
85 030
104 575

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6557
₽95804
₽124972
₽13978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 182
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 273
Employee
38 154
-
199 080
-
pensions
4 296
-
7 768
-
income
5 234
-
48 457
-
health
4 368
-
22 795
-
total
13 898
-
79 020
-
Employer
38 154
-
199 080
-
pensions
6 204
-
11 218
-
accident
637
-
3 325
-
unemployment
935
-
4 878
-
total
7 776
-
19 421
-
Corporate
172 571
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.

155 314
196 650
-
-
total
155 314
196 650
-
-
Dividends
17 257
21 850
-
-
withholding
3 279
4 152
-
-
total
3 279
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
180 267
200 802
98 441
69 273
After tax
38 233
17 698
120 059
149 227
Living cost
24 255
24 255
24 255
24 255
Free-cash
13 978
-6 557
95 804
124 972

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153564
₽146140
₽124019
₽150520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 650
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
80 892
Employee

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

21 742
-
218 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
36 650
-
total
8 153
-
58 771
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 758
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%.

19 676
21 850
-
-
total
19 676
21 850
-
-
Dividends
177 083
196 650
-
-
withholding
26 562
29 497
-
-
total
26 562
29 497
-
-
Income
218 500
218 500
218 500
218 500
Total tax
54 391
51 347
58 771
80 892
After tax
164 109
167 153
159 729
137 608
Living cost
13 589
13 589
13 589
13 589
Free-cash
150 520
153 564
146 140
124 019

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75023
₽53784
₽62044
₽70447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
5 265
municipal
-
-
-
1 514
national
-
-
-
59 273
total
-
-
-
116 389
Employee
84 751
-
218 500
-
municipal
506
-
1 372
-
national
14 322
-
52 542
-
regional
1 280
-
4 742
-
social contributions
28 577
-
65 993
-
total
44 685
-
124 649
-
Employer
84 751
-
218 500
-
total
-
-
-
-
Corporate
133 749
218 500
-
-
municipal
6 447
10 532
-
-
nationa
32 101
52 441
-
-
total
38 548
62 973
-
-
Dividends
95 202
155 528
-
-
withholding
24 753
40 437
-
-
total
24 753
40 437
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 986
103 410
124 649
116 389
After tax
110 514
115 090
93 851
102 111
Living cost
40 067
40 067
40 067
40 067
Free-cash
70 447
75 023
53 784
62 044

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
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.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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