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
₽78668
₽81777
₽92126
₽106231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 563
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.

-
-
-
6 392
surtax

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

-
-
-
4 043
income

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

-
-
-
73 495
total
-
-
-
111 493
Employee

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

35 785
-
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.

55
-
4 043
-
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.

1 000
-
73 495
-
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.

6 392
-
6 392
-
total
7 447
-
83 930
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 715
218 500
-
-
trade
28 777
34 414
-
-
income
27 406
32 776
-
-
chamber of commerce
405
456
-
-
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.

1 507
1 802
-
-
total
58 095
69 448
-
-
Dividends
124 619
149 052
-
-
withholding
30 799
36 907
-
-
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.

1 694
2 029
-
-
total
32 493
38 936
-
-
Income
218 500
218 500
218 500
218 500
Total tax
98 035
108 384
83 930
111 493
After tax
120 465
110 116
134 570
107 007
Living cost
28 339
28 339
28 339
28 339
Free-cash
92 126
81 777
106 231
78 668

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75017
₽86787
₽85962
₽76190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 264
pensions
-
-
-
26 220
social contributions
-
-
-
2 349
national
-
-
-
41 093
total
-
-
-
93 926
Employee
76 822
-
188 891
-
municipal
9 489
-
25 110
-
national
14 704
-
42 945
-
pensions
3 073
-
7 556
-
total
27 266
-
75 611
-
Employer
76 822
-
188 891
-
pensions
6 146
-
15 111
-
social contributions
826
-
2 031
-
total
6 972
-
17 142
-
Corporate
129 636
218 500
-
-
income

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

25 927
43 700
-
-
total
25 927
43 700
-
-
Dividends
103 709
174 800
-
-
withholding
22 816
38 456
-
-
total
22 816
38 456
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 981
82 156
92 753
93 926
After tax
135 519
136 344
125 747
124 574
Living cost
49 557
49 557
49 557
49 557
Free-cash
85 962
86 787
76 190
75 017

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60550
₽155335
₽147659
₽75955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
55 717
social contributions

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

-
-
-
35 847
income
-
-
-
46 921
microenterprise
-
-
-
-
total
-
-
-
138 485
Employee
27 339
-
172 648
-
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.

3 008
-
12 265
-
surtax
-
-
25 034
-
income
4 867
-
39 929
-
total
7 875
-
77 228
-
Employer
27 339
-
172 648
-
surtax
-
-
18 991
-
social contributions

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

6 585
-
26 861
-
total
6 585
-
45 852
-
Corporate
184 576
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%.

36 916
43 700
-
-
total
36 916
43 700
-
-
Dividends

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

147 660
174 800
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
51 376
43 700
123 080
138 485
After tax
167 124
174 800
95 420
80 015
Living cost
19 465
19 465
19 465
19 465
Free-cash
147 659
155 335
75 955
60 550

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77701
₽69785
₽64055
₽100534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
79 106
total
-
-
-
101 605
Employee
79 897
79 897
201 113
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
38 886
-
health
12 263
10 431
11 537
-
total
39 722
34 471
61 385
-
Employer
79 897
79 897
201 113
-
pensions
5 561
5 561
6 912
-
unemployment
2 876
2 876
3 574
-
health
5 554
5 554
6 901
-
total
13 991
13 991
17 387
-
Corporate
125 592
124 612
-
-
income
25 118
24 923
-
-
total
25 118
24 923
-
-
Dividends
100 474
99 689
-
-
withholding
15 070
14 953
-
-
income
21 350
21 183
-
-
total
36 420
36 136
-
-
Income
218 500
218 500
218 500
218 500
Total tax
115 251
109 521
78 772
101 605
After tax
103 249
108 979
139 728
116 895
Living cost
39 194
39 194
39 194
39 194
Free-cash
64 055
69 785
100 534
77 701

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70671
₽80757
₽79891
₽69737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
57 859
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
26 953
total
-
-
-
109 285
Employee
54 922
-
191 958
-
municipal
16 378
-
57 242
-
national
-
-
26 435
-
total
16 378
-
83 677
-
Employer
54 922
-
191 958
-
pensions
5 937
-
9 132
-
other
6 382
-
9 816
-
unemployment
1 450
-
2 230
-
accident
110
-
169
-
health
3 378
-
5 195
-
total
17 257
-
26 542
-
Corporate
146 322
218 500
-
-
income
32 191
48 070
-
-
total
32 191
48 070
-
-
Dividends
114 131
170 430
-
-
withholding
34 239
51 129
-
-
total
34 239
51 129
-
-
Income
218 500
218 500
218 500
218 500
Total tax
100 065
99 199
110 219
109 285
After tax
118 435
119 301
108 281
109 215
Living cost
38 544
38 544
38 544
38 544
Free-cash
79 891
80 757
69 737
70 671

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69027
₽72238
₽85382
₽97815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 788
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.

-
-
-
6 392
surtax

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

-
-
-
4 043
income

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

-
-
-
73 495
total
-
-
-
112 718
Employee

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

47 447
-
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.

224
-
4 043
-
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.

4 077
-
73 495
-
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.

6 392
-
6 392
-
total
10 693
-
83 930
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 053
218 500
-
-
trade
28 138
35 943
-
-
income
25 658
32 776
-
-
chamber of commerce
385
453
-
-
surtax

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

1 412
1 802
-
-
total
55 593
70 974
-
-
Dividends
115 461
147 526
-
-
withholding
28 509
36 525
-
-
surtax

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

1 568
2 008
-
-
total
30 077
38 533
-
-
Income
218 500
218 500
218 500
218 500
Total tax
96 363
109 507
83 930
112 718
After tax
122 137
108 993
134 570
105 782
Living cost
36 755
36 755
36 755
36 755
Free-cash
85 382
72 238
97 815
69 027

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116311
₽128875
₽124995
₽114532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
5 571
social contributions
-
-
-
15 138
income
-
-
-
51 134
total
-
-
-
71 843
Employee
71 944
71 944
206 624
-
social contributions
3 496
5 971
8 054
-
income
7 555
6 660
50 179
-
health
716
1 223
3 512
-
total
11 767
13 854
61 745
-
Employer
71 944
71 944
206 624
-
social contributions
3 496
5 971
8 054
-
health
779
1 332
3 823
-
total
4 275
7 303
11 877
-
Corporate
172 112
139 254
-
-
income
21 514
17 407
-
-
total
21 514
17 407
-
-
Dividends
150 598
121 847
-
-
withholding
25 603
20 715
-
-
total
25 603
20 715
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 159
59 279
73 622
71 843
After tax
155 341
159 221
144 878
146 657
Living cost
30 346
30 346
30 346
30 346
Free-cash
124 995
128 875
114 532
116 311

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134131
₽105400
₽105761
₽109431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 850
health
-
-
-
15 295
unemployment
-
-
-
3 278
income
-
-
-
26 712
total
-
-
-
67 135
Employee

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
182 845
-
pensions
2 488
990
18 285
-
unemployment
373
149
2 743
-
income
3 041
1 210
22 353
-
health
1 741
693
12 799
-
total
7 643
3 042
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.

24 878
9 901
182 845
-
pensions
4 851
1 931
35 655
-
total
4 851
1 931
35 655
-
Corporate
188 770
206 668
-
-
income
16 989
18 600
-
-
total
16 989
18 600
-
-
Dividends
171 781
188 068
-
-
withholding
32 638
35 733
-
-
social contributions
33 384
36 560
-
-
total
66 022
72 293
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 505
95 866
91 835
67 135
After tax
122 995
122 634
126 665
151 365
Living cost
17 234
17 234
17 234
17 234
Free-cash
105 761
105 400
109 431
134 131

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94518
₽152202
₽146389
₽103339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
43 700
health
-
-
-
28 404
income
-
-
-
29 280
total
-
-
-
101 384
Employee
26 542
-
163 303
-
pensions
531
-
3 267
-
unemployment
424
-
2 614
-
income
2 988
-
31 485
-
total
3 943
-
37 366
-
Employer
26 542
-
163 303
-
pensions
5 309
-
32 660
-
unemployment
213
-
1 307
-
health
3 450
-
21 230
-
total
8 972
-
55 197
-
Corporate
182 987
218 500
-
-
income
36 598
43 700
-
-
total
36 598
43 700
-
-
Dividends
146 388
174 800
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
49 513
43 700
92 563
101 384
After tax
168 987
174 800
125 937
117 116
Living cost
22 598
22 598
22 598
22 598
Free-cash
146 389
152 202
103 339
94 518

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128248
-₽3238
₽14487
₽99537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
62 688
total
-
-
-
69 316
Employee
32 933
-
199 785
-
pensions
3 708
-
7 260
-
income
4 518
-
49 177
-
health
3 771
-
22 875
-
total
11 997
-
79 312
-
Employer
32 933
-
199 785
-
pensions
5 355
-
10 484
-
unemployment
807
-
4 895
-
accident
550
-
3 336
-
total
6 712
-
18 715
-
Corporate
178 855
218 500
-
-
income

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

160 970
196 650
-
-
total
160 970
196 650
-
-
Dividends
17 886
21 850
-
-
withholding
3 398
4 152
-
-
total
3 398
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 077
200 802
98 027
69 316
After tax
35 423
17 698
120 473
149 184
Living cost
20 936
20 936
20 936
20 936
Free-cash
14 487
-3 238
99 537
128 248

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽208683
₽199943
₽198512
₽167168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
218 500
microenterprise

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

-
-
-
2 185
total
-
-
-
2 185
Employee
9 540
-
218 500
-
income
1 908
-
43 700
-
total
1 908
-
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%.

208 960
218 500
-
-
total
-
-
-
-
Dividends
208 960
218 500
-
-
withholding
10 448
10 925
-
-
total
10 448
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
12 356
10 925
43 700
2 185
After tax
206 144
207 575
174 800
216 315
Living cost
7 632
7 632
7 632
7 632
Free-cash
198 512
199 943
167 168
208 683

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107532
₽135602
₽129284
₽105743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
34 146
health
-
-
-
6 260
other
-
-
-
6 758
income
-
-
-
38 874
total
-
-
-
86 038
Employee
33 971
-
182 326
-
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.

2 377
-
9 959
-
unemployment
339
-
1 422
-
income
5 848
-
38 280
-
health
476
-
1 992
-
total
9 040
-
51 653
-
Employer
33 971
-
182 326
-
pensions

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

5 776
-
24 188
-
other
1 699
-
7 113
-
unemployment
339
-
1 422
-
accident
272
-
1 459
-
health
476
-
1 992
-
total
8 562
-
36 174
-
Corporate
175 968
218 500
-
-
income
36 953
45 886
-
-
total
36 953
45 886
-
-
Dividends
139 014
172 614
-
-
withholding
9 731
12 082
-
-
total
9 731
12 082
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 286
57 968
87 827
86 038
After tax
154 214
160 532
130 673
132 462
Living cost
24 930
24 930
24 930
24 930
Free-cash
129 284
135 602
105 743
107 532

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79214
₽75493
₽82888
₽59752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 397
income
-
-
-
68 475
total
-
-
-
77 872
Employee
86 891
-
190 347
-
pensions
8 383
-
11 144
-
income
15 663
-
55 499
-
health
1 432
-
2 538
-
total
25 478
-
69 181
-
Employer
86 891
-
190 347
-
pensions
10 259
-
24 537
-
health
1 650
-
3 616
-
total
11 909
-
28 153
-
Corporate
119 699
218 500
-
-
income

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

22 743
41 515
-
-
total
22 743
41 515
-
-
Dividends
96 956
176 985
-
-
withholding
14 068
40 078
-
-
total
14 068
40 078
-
-
Income
218 500
218 500
218 500
218 500
Total tax
74 198
81 593
97 334
77 872
After tax
144 302
136 907
121 166
140 628
Living cost
61 414
61 414
61 414
61 414
Free-cash
82 888
75 493
59 752
79 214

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽164733
₽174551
₽170206
₽173883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
32 775
total
-
-
-
41 501
Employee
16 242
-
212 088
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
21 209
-
health
747
-
1 503
-
total
3 976
-
25 940
-
Employer
16 242
-
212 088
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
199 070
218 500
-
-
income
19 907
21 850
-
-
total
19 907
21 850
-
-
Dividends
179 163
196 650
-
-
withholding
8 958
9 833
-
-
total
8 958
9 833
-
-
Income
218 500
218 500
218 500
218 500
Total tax
36 028
31 683
32 351
41 501
After tax
182 472
186 817
186 149
176 999
Living cost
12 266
12 266
12 266
12 266
Free-cash
170 206
174 551
173 883
164 733

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65014
₽57098
₽59450
₽87847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
79 106
total
-
-
-
101 605
Employee
86 743
79 897
201 113
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
38 886
-
health
10 822
10 431
11 537
-
total
34 862
34 471
61 385
-
Employer
86 743
79 897
201 113
-
pensions
6 037
5 561
6 912
-
unemployment
3 123
2 876
3 574
-
health
6 028
5 554
6 901
-
total
15 188
13 991
17 387
-
Corporate
116 570
124 612
-
-
income
23 314
24 923
-
-
total
23 314
24 923
-
-
Dividends
93 256
99 689
-
-
withholding
13 989
14 953
-
-
income
19 816
21 183
-
-
total
33 805
36 136
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 169
109 521
78 772
101 605
After tax
111 331
108 979
139 728
116 895
Living cost
51 881
51 881
51 881
51 881
Free-cash
59 450
57 098
87 847
65 014

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106114
₽127197
₽118906
₽96497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
29 498
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 872
income
-
-
-
23 334
total
-
-
-
89 146
Employee
34 177
-
174 191
-
social contributions
2 222
-
7 444
-
income
4 101
-
21 485
-
solidarity contribution
-
-
2 009
-
health
4 614
-
23 516
-
total
10 937
-
54 454
-
Employer
34 177
-
174 191
-
social contributions
8 544
-
28 632
-
health
3 076
-
15 677
-
total
11 620
-
44 309
-
Corporate
172 703
218 500
-
-
income
32 814
41 515
-
-
total
32 814
41 515
-
-
Dividends
139 889
176 985
-
-
withholding
20 983
26 548
-
-
total
20 983
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 354
68 063
98 763
89 146
After tax
142 146
150 437
119 737
129 354
Living cost
23 240
23 240
23 240
23 240
Free-cash
118 906
127 197
96 497
106 114

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66327
₽77099
₽72214
₽58394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 374
regional
-
-
-
2 800
social contributions
-
-
-
46 827
national
-
-
-
61 693
total
-
-
-
112 694
Employee
83 151
-
218 500
-
social contributions
28 039
-
61 391
-
municipal
440
-
1 257
-
regional
785
-
2 548
-
national
14 408
-
55 431
-
total
43 672
-
120 627
-
Employer
83 151
-
218 500
-
total
-
-
-
-
Corporate
135 349
218 500
-
-
nationa
32 484
52 439
-
-
municipal
5 279
8 522
-
-
total
37 763
60 961
-
-
Dividends
97 586
157 538
-
-
withholding
25 372
40 961
-
-
total
25 372
40 961
-
-
Income
218 500
218 500
218 500
218 500
Total tax
106 807
101 922
120 627
112 694
After tax
111 693
116 578
97 873
105 806
Living cost
39 479
39 479
39 479
39 479
Free-cash
72 214
77 099
58 394
66 327

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82042
₽116791
₽113879
₽76322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 898
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
69 862
total
-
-
-
115 812
Employee
30 940
-
192 216
-
surtax
101
-
10 777
-
pensions
2 063
-
8 329
-
other
-
-
-
-
unemployment
2 154
-
8 691
-
income
5 186
-
64 267
-
health
790
-
3 183
-
total
10 294
-
95 247
-
Employer
30 940
-
192 216
-
pensions
4 124
-
16 645
-
other
-
-
-
-
unemployment
980
-
3 958
-
health
1 408
-
5 682
-
total
6 512
-
26 285
-
Corporate
181 047
218 500
-
-
income
47 072
56 810
-
-
total
47 072
56 810
-
-
Dividends
133 976
161 690
-
-
withholding
20 097
24 253
-
-
total
20 097
24 253
-
-
Income
218 500
218 500
218 500
218 500
Total tax
83 975
81 063
121 532
115 812
After tax
134 525
137 437
96 968
102 688
Living cost
20 646
20 646
20 646
20 646
Free-cash
113 879
116 791
76 322
82 042

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98672
₽94951
₽101018
₽79210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 397
income
-
-
-
68 475
total
-
-
-
77 872
Employee
58 232
-
190 347
-
pensions
4 943
-
11 144
-
income
10 488
-
55 499
-
health
845
-
2 538
-
total
16 276
-
69 181
-
Employer
58 232
-
190 347
-
pensions
6 304
-
24 537
-
health
1 106
-
3 616
-
total
7 410
-
28 153
-
Corporate
152 858
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.

29 043
41 515
-
-
total
29 043
41 515
-
-
Dividends
123 815
176 985
-
-
withholding
22 797
40 078
-
-
total
22 797
40 078
-
-
Income
218 500
218 500
218 500
218 500
Total tax
75 526
81 593
97 334
77 872
After tax
142 974
136 907
121 166
140 628
Living cost
41 956
41 956
41 956
41 956
Free-cash
101 018
94 951
79 210
98 672

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98710
₽25251
₽57195
₽90711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12 233
city
-
-
-
2 303
pensions
-
-
-
20 102
health
-
-
-
491
other

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

-
-
-
4 370
national
-
-
-
5 628
total
-
-
-
45 127
Employee
87 375
-
196 647
-
regional
2 861
-
10 900
-
national
414
-
4 652
-
pensions
7 341
-
15 314
-
unemployment
-
-
-
-
city
938
-
2 127
-
health
198
-
443
-
total
11 752
-
33 436
-
Employer
87 375
-
196 647
-
pensions
7 341
-
15 314
-
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.

1 747
-
3 933
-
unemployment
-
-
-
-
health
198
-
443
-
total
9 286
-
19 690
-
Corporate
120 879
218 500
-
-
regional
25 566
46 213
-
-
national
10 275
18 572
-
-
total
35 841
64 785
-
-
Dividends
85 039
153 715
-
-
withholding
29 763
53 801
-
-
total
29 763
53 801
-
-
Income
218 500
218 500
218 500
218 500
Total tax
86 642
118 586
53 126
45 127
After tax
131 858
99 914
165 374
173 373
Living cost
74 663
74 663
74 663
74 663
Free-cash
57 195
25 251
90 711
98 710

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61696
₽65005
₽80180
₽91709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 013
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.

-
-
-
6 392
surtax

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

-
-
-
4 043
income

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

-
-
-
73 495
total
-
-
-
113 943
Employee

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

56 228
-
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.

364
-
4 043
-
income

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

6 612
-
73 495
-
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.

6 392
-
6 392
-
total
13 368
-
83 930
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 272
218 500
-
-
trade
27 829
37 474
-
-
income
24 340
32 776
-
-
chamber of commerce
371
449
-
-
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.

1 339
1 802
-
-
total
53 879
72 501
-
-
Dividends
108 393
146 000
-
-
withholding
26 742
36 144
-
-
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.

1 470
1 989
-
-
total
28 212
38 133
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 459
110 634
83 930
113 943
After tax
123 041
107 866
134 570
104 557
Living cost
42 861
42 861
42 861
42 861
Free-cash
80 180
65 005
91 709
61 696

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86859
₽78113
₽83642
₽79952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 843
health
-
-
-
10 916
surtax
-
-
-
-
other
-
-
-
6 774
social contributions
-
-
-
6 227
income
-
-
-
41 871
total
-
-
-
99 631
Employee
40 043
-
166 311
-
social contributions
1 142
-
4 739
-
surtax
-
-
-
-
pensions
4 528
-
12 723
-
income
2 363
-
36 890
-
total
8 033
-
54 352
-
Employer
40 043
-
166 311
-
pensions
6 578
-
21 211
-
social contributions
121
-
499
-
other
1 381
-
6 982
-
unemployment
1 621
-
6 736
-
health
2 804
-
16 758
-
total
12 505
-
52 186
-
Corporate
165 953
218 500
-
-
income
46 466
61 180
-
-
surtax
-
-
-
-
total
46 466
61 180
-
-
Dividends
119 486
157 320
-
-
withholding
15 294
20 138
-
-
surtax
-
-
-
-
social contributions
20 550
27 059
-
-
total
35 844
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
102 848
108 377
106 538
99 631
After tax
115 652
110 123
111 962
118 869
Living cost
32 010
32 010
32 010
32 010
Free-cash
83 642
78 113
79 952
86 859

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90030
₽81284
₽86481
₽83123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 843
health
-
-
-
10 916
surtax
-
-
-
-
other
-
-
-
6 774
social contributions
-
-
-
6 227
income
-
-
-
41 871
total
-
-
-
99 631
Employee
35 744
-
166 311
-
social contributions
1 019
-
4 739
-
surtax
-
-
-
-
pensions
4 043
-
12 723
-
income
1 843
-
36 890
-
total
6 905
-
54 352
-
Employer
35 744
-
166 311
-
pensions
5 873
-
21 211
-
social contributions
107
-
499
-
other
1 234
-
6 982
-
unemployment
1 447
-
6 736
-
health
2 502
-
16 758
-
total
11 163
-
52 186
-
Corporate
171 594
218 500
-
-
income
48 047
61 180
-
-
surtax
-
-
-
-
total
48 047
61 180
-
-
Dividends
123 547
157 320
-
-
withholding
15 814
20 138
-
-
surtax
-
-
-
-
social contributions
21 251
27 059
-
-
total
37 065
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
103 180
108 377
106 538
99 631
After tax
115 320
110 123
111 962
118 869
Living cost
28 839
28 839
28 839
28 839
Free-cash
86 481
81 284
83 123
90 030

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120481
₽113465
₽113951
₽114399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
15 251
social contributions
-
-
-
30 153
income
-
-
-
32 776
total
-
-
-
78 180
Employee
31 723
-
218 500
-
social contributions
4 378
-
30 153
-
income
5 291
-
38 858
-
health
2 214
-
15 251
-
total
11 883
-
84 262
-
Employer
31 723
-
218 500
-
total
-
-
-
-
Corporate
186 777
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%.

9 339
10 925
-
-
total
9 339
10 925
-
-
Dividends
177 438
207 575
-
-
withholding
26 616
31 137
-
-
social contributions
24 486
28 646
-
-
health
12 386
14 488
-
-
total
63 488
74 271
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 710
85 196
84 262
78 180
After tax
133 790
133 304
134 238
140 320
Living cost
19 839
19 839
19 839
19 839
Free-cash
113 951
113 465
114 399
120 481

Estimated living cost  is ₽19839 per week

₽13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78838
₽87414
₽85967
₽24193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
71 316
chamber of commerce
-
-
-
874
total
-
-
-
106 695
Employee
46 757
37 285
181 582
-
pensions
4 789
3 817
11 193
-
other
467
373
1 094
-
unemployment
1 403
1 119
3 279
-
income
5 323
2 750
60 120
-
health
1 809
1 443
4 229
-
total
13 791
9 502
79 915
-
Employer
46 757
37 285
181 582
-
payroll
1 403
1 119
5 447
-
chamber of commerce
186
149
726
-
pensions
5 868
4 680
13 717
-
surtax
185
185
185
-
other
2 221
1 770
8 011
-
unemployment
1 403
1 119
3 279
-
accident
607
485
1 420
-
health
1 767
1 410
4 132
-
total
13 640
10 917
36 917
-
Corporate
158 103
170 299
178 031
-
income

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

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

39 526
42 575
44 508
-
total
39 526
42 575
44 508
-
Dividends
118 577
127 724
-
-
withholding
32 609
35 125
-
-
total
32 609
35 125
-
-
Income
218 500
218 500
218 500
218 500
Total tax
99 566
98 119
161 340
106 695
After tax
118 934
120 381
57 160
111 805
Living cost
32 967
32 967
32 967
32 967
Free-cash
85 967
87 414
24 193
78 838

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60961
₽85344
₽73944
₽39818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
23 326
communal

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

-
-
-
11 711
national
-
-
-
88 388
total
-
-
-
123 425
Employee

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

66 925
-
169 234
-
national
20 575
-
64 358
-
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.

5 019
-
12 693
-
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.

582
-
1 472
-
communal

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

3 491
-
8 828
-
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.

3 144
-
7 954
-
total
32 811
-
95 305
-
Employer

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

66 925
-
169 234
-
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.

5 930
-
14 994
-
surtax
7 588
-
19 190
-
unemployment

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

977
-
2 471
-
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.

870
-
2 200
-
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.

4 116
-
10 408
-
total
19 481
-
49 263
-
Corporate
132 095
218 500
-
-
income
26 419
47 386
-
-
surtax
529
948
-
-
total
26 948
48 334
-
-
Dividends
105 146
170 166
-
-
withholding

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

31 202
50 708
-
-
total
31 202
50 708
-
-
Income
218 500
218 500
218 500
218 500
Total tax
110 442
99 042
144 568
123 425
After tax
108 058
119 458
73 932
95 075
Living cost
34 114
34 114
34 114
34 114
Free-cash
73 944
85 344
39 818
60 961

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88232
₽111207
₽104800
₽84306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
70 463
total
-
-
-
96 479
Employee
46 572
-
190 854
-
pensions
2 189
-
4 077
-
other
46
-
87
-
unemployment
723
-
1 344
-
income
9 826
-
67 251
-
total
12 784
-
72 759
-
Employer
46 572
-
190 854
-
pensions
10 990
-
20 466
-
other
371
-
694
-
unemployment
2 562
-
4 769
-
accident
921
-
1 717
-
total
14 844
-
27 646
-
Corporate
157 083
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.

23 563
32 776
-
-
total
23 563
32 776
-
-
Dividends
133 520
185 724
-
-
withholding
28 720
40 728
-
-
total
28 720
40 728
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 911
73 504
100 405
96 479
After tax
138 589
144 996
118 095
122 021
Living cost
33 789
33 789
33 789
33 789
Free-cash
104 800
111 207
84 306
88 232

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51171
₽72190
₽59323
₽59881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
32 751
health
-
-
-
15 351
surtax
-
-
-
10 832
accident
-
-
-
1 843
communal
-
-
-
13 810
income
-
-
-
41 897
total
-
-
-
116 484
Employee
70 853
-
195 177
-
surtax
4 343
-
11 961
-
pensions
5 667
-
15 614
-
income
6 844
-
48 190
-
health
3 153
-
8 686
-
total
20 007
-
84 451
-
Employer
70 853
-
195 177
-
pensions
5 667
-
15 614
-
accident
637
-
1 756
-
health
2 161
-
5 953
-
total
8 465
-
23 323
-
Corporate
139 182
218 500
-
-
communal
9 394
14 749
-
-
income
20 878
32 776
-
-
surtax
1 461
2 294
-
-
total
31 733
49 819
-
-
Dividends
107 448
168 681
-
-
withholding
16 118
25 303
-
-
income
32 009
20 343
-
-
total
48 127
45 646
-
-
Income
218 500
218 500
218 500
218 500
Total tax
108 332
95 465
107 774
116 484
After tax
110 168
123 035
110 726
102 016
Living cost
50 845
50 845
50 845
50 845
Free-cash
59 323
72 190
59 881
51 171

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81673
₽116422
₽113445
₽75953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 974
health
-
-
-
8 865
surtax
-
-
-
11 898
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
69 862
total
-
-
-
115 812
Employee
31 508
-
192 216
-
surtax
112
-
10 777
-
pensions
2 102
-
8 329
-
other
-
-
-
-
unemployment
2 193
-
8 691
-
income
5 282
-
64 267
-
health
804
-
3 183
-
total
10 493
-
95 247
-
Employer
31 508
-
192 216
-
pensions
4 201
-
16 645
-
other
-
-
-
-
unemployment
1 000
-
3 958
-
health
1 433
-
5 682
-
total
6 634
-
26 285
-
Corporate
180 359
218 500
-
-
income
46 893
56 810
-
-
total
46 893
56 810
-
-
Dividends
133 466
161 690
-
-
withholding
20 020
24 253
-
-
total
20 020
24 253
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 040
81 063
121 532
115 812
After tax
134 460
137 437
96 968
102 688
Living cost
21 015
21 015
21 015
21 015
Free-cash
113 445
116 422
75 953
81 673

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79919
₽89646
₽87567
₽72028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 374
regional
-
-
-
3 484
social contributions
-
-
-
46 827
national
-
-
-
61 693
total
-
-
-
113 378
Employee
51 900
-
218 500
-
social contributions
17 501
-
61 391
-
municipal
275
-
1 257
-
regional
699
-
3 190
-
national
8 222
-
55 431
-
total
26 697
-
121 269
-
Employer
51 900
-
218 500
-
total
-
-
-
-
Corporate
166 600
218 500
-
-
nationa
39 984
52 439
-
-
municipal
8 281
10 859
-
-
total
48 265
63 298
-
-
Dividends
118 335
155 202
-
-
withholding
30 768
40 353
-
-
total
30 768
40 353
-
-
Income
218 500
218 500
218 500
218 500
Total tax
105 730
103 651
121 269
113 378
After tax
112 770
114 849
97 231
105 122
Living cost
25 203
25 203
25 203
25 203
Free-cash
87 567
89 646
72 028
79 919

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
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.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100716
₽121799
₽111583
₽91099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
29 498
social contributions
-
-
-
33 442
solidarity contribution
-
-
-
2 872
income
-
-
-
23 334
total
-
-
-
89 146
Employee
42 115
-
174 191
-
social contributions
2 737
-
7 444
-
income
5 054
-
21 485
-
solidarity contribution
-
-
2 009
-
health
5 686
-
23 516
-
total
13 477
-
54 454
-
Employer
42 115
-
174 191
-
social contributions
10 529
-
28 632
-
health
3 790
-
15 677
-
total
14 319
-
44 309
-
Corporate
162 066
218 500
-
-
income
30 792
41 515
-
-
total
30 792
41 515
-
-
Dividends
131 273
176 985
-
-
withholding
19 691
26 548
-
-
total
19 691
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 279
68 063
98 763
89 146
After tax
140 221
150 437
119 737
129 354
Living cost
28 638
28 638
28 638
28 638
Free-cash
111 583
121 799
91 099
100 716

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82141
₽90634
₽90173
₽27355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 221
health
-
-
-
8 361
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
71 316
chamber of commerce
-
-
-
874
total
-
-
-
106 510
Employee
40 898
37 285
181 756
-
pensions
4 188
3 817
11 193
-
other
408
373
1 094
-
unemployment
1 227
1 119
3 279
-
income
3 643
2 750
60 207
-
health
1 582
1 443
4 229
-
total
11 048
9 502
80 002
-
Employer
40 898
37 285
181 756
-
payroll
1 227
1 119
5 453
-
chamber of commerce
163
149
726
-
pensions
5 133
4 680
13 717
-
surtax
-
-
-
-
other
1 942
1 770
8 016
-
unemployment
1 227
1 119
3 279
-
accident
531
485
1 420
-
health
1 546
1 410
4 132
-
total
11 769
10 732
36 743
-
Corporate
165 832
170 484
178 205
-
income

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

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

41 458
42 621
44 551
-
total
41 458
42 621
44 551
-
Dividends
124 374
127 863
-
-
withholding
34 203
35 162
-
-
total
34 203
35 162
-
-
Income
218 500
218 500
218 500
218 500
Total tax
98 478
98 017
161 296
106 510
After tax
120 022
120 483
57 204
111 990
Living cost
29 849
29 849
29 849
29 849
Free-cash
90 173
90 634
27 355
82 141

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
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.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204422
₽195682
₽193452
₽162907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 866
-
218 500
-
income
2 973
-
43 700
-
total
2 973
-
43 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

203 634
218 500
-
-
total
-
-
-
-
Dividends
203 634
218 500
-
-
withholding
10 182
10 925
-
-
total
10 182
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
13 155
10 925
43 700
2 185
After tax
205 345
207 575
174 800
216 315
Living cost
11 893
11 893
11 893
11 893
Free-cash
193 452
195 682
162 907
204 422

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75500
₽125343
₽117515
₽70758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
39 904
health
-
-
-
21 501
unemployment
-
-
-
328
income
-
-
-
56 172
total
-
-
-
117 905
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.

41 373
-
189 064
-
pensions
6 413
-
29 304
-
unemployment
59
-
265
-
income
7 135
-
51 430
-
health
2 672
-
12 212
-
total
16 279
-
93 211
-
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.

41 373
-
189 064
-
pensions
3 661
-
16 732
-
unemployment
25
-
114
-
health
2 756
-
12 590
-
total
6 442
-
29 436
-
Corporate
170 686
218 500
-
-
income
32 431
41 515
-
-
total
32 431
41 515
-
-
Dividends
138 255
176 985
-
-
withholding
20 738
26 547
-
-
total
20 738
26 547
-
-
Income
218 500
218 500
218 500
218 500
Total tax
75 890
68 062
122 647
117 905
After tax
142 610
150 438
95 853
100 595
Living cost
25 095
25 095
25 095
25 095
Free-cash
117 515
125 343
70 758
75 500

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110199
₽92133
₽47154
₽165258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
24 909
income
-
-
-
42 590
total
-
-
-
67 499
Employee
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
Corporate
77 505
218 500
-
-
income
17 051
48 070
-
-
total
17 051
48 070
-
-
Dividends
60 454
170 430
-
-
income
13 300
37 495
-
-
total
13 300
37 495
-
-
Income
218 500
218 500
218 500
218 500
Total tax
130 544
85 565
12 440
67 499
After tax
87 956
132 935
206 060
151 001
Living cost
40 802
40 802
40 802
40 802
Free-cash
47 154
92 133
165 258
110 199

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84224
₽94935
₽93993
₽66862
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
75 929
income
-
-
-
29 000
total
-
-
-
104 929
Employee
43 031
-
176 565
-
social contributions
4 733
-
19 422
-
surtax
-
-
378
-
income
8 951
-
60 557
-
total
13 684
-
80 357
-
Employer
43 031
-
176 565
-
social contributions
10 220
-
41 934
-
total
10 220
-
41 934
-
Corporate
165 250
218 500
-
-
income
34 702
45 886
-
-
surtax
-
-
-
-
total
34 702
45 886
-
-
Dividends
130 548
172 614
-
-
withholding
36 554
48 332
-
-
total
36 554
48 332
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 160
94 218
122 291
104 929
After tax
123 340
124 282
96 209
113 571
Living cost
29 347
29 347
29 347
29 347
Free-cash
93 993
94 935
66 862
84 224

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73680
₽64934
₽71364
₽66773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 843
health
-
-
-
10 916
surtax
-
-
-
-
other
-
-
-
6 774
social contributions
-
-
-
6 227
income
-
-
-
41 871
total
-
-
-
99 631
Employee
58 599
-
166 311
-
social contributions
1 669
-
4 739
-
surtax
-
-
-
-
pensions
6 628
-
12 723
-
income
5 113
-
36 890
-
total
13 410
-
54 352
-
Employer
58 599
-
166 311
-
pensions
9 628
-
21 211
-
social contributions
176
-
499
-
other
2 022
-
6 982
-
unemployment
2 374
-
6 736
-
health
4 101
-
16 758
-
total
18 301
-
52 186
-
Corporate
141 599
218 500
-
-
income
39 649
61 180
-
-
surtax
-
-
-
-
total
39 649
61 180
-
-
Dividends
101 951
157 320
-
-
withholding
13 050
20 138
-
-
surtax
-
-
-
-
social contributions
17 537
27 059
-
-
total
30 587
47 197
-
-
Income
218 500
218 500
218 500
218 500
Total tax
101 947
108 377
106 538
99 631
After tax
116 553
110 123
111 962
118 869
Living cost
45 189
45 189
45 189
45 189
Free-cash
71 364
64 934
66 773
73 680

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130945
₽168527
₽165383
₽136753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 070
income
-
-
-
11 361
total
-
-
-
59 431
Employee
30 079
-
189 178
-
social contributions
1 955
-
12 295
-
income
-
-
12 006
-
total
1 955
-
24 301
-
Employer
30 079
-
189 178
-
social contributions
4 662
-
29 322
-
total
4 662
-
29 322
-
Corporate
183 759
218 500
-
-
income
18 376
21 849
-
-
total
18 376
21 849
-
-
Dividends
165 382
196 651
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
24 993
21 849
53 623
59 431
After tax
193 507
196 651
164 877
159 069
Living cost
28 124
28 124
28 124
28 124
Free-cash
165 383
168 527
136 753
130 945

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80744
₽14878
₽8472
₽14878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
47 115
pensions
-
-
-
810
labour market
-
-
-
17 415
national
-
-
-
27 407
total
-
-
-
92 747
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
14 878
-
-
-
income
3 273
-
-
-
total
3 273
-
-
-
Dividends
11 605
-
-
-
withholding
3 133
-
-
-
total
3 133
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
165 019
158 613
158 613
92 747
After tax
53 481
59 887
59 887
125 753
Living cost
45 009
45 009
45 009
45 009
Free-cash
8 472
14 878
14 878
80 744

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128557
-₽2929
₽14535
₽99846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
62 688
total
-
-
-
69 316
Employee
32 447
-
199 785
-
pensions
3 654
-
7 260
-
income
4 451
-
49 177
-
health
3 715
-
22 875
-
total
11 820
-
79 312
-
Employer
32 447
-
199 785
-
pensions
5 276
-
10 484
-
unemployment
795
-
4 895
-
accident
542
-
3 336
-
total
6 613
-
18 715
-
Corporate
179 440
218 500
-
-
income

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

161 496
196 650
-
-
total
161 496
196 650
-
-
Dividends
17 944
21 850
-
-
withholding
3 409
4 152
-
-
total
3 409
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 338
200 802
98 027
69 316
After tax
35 162
17 698
120 473
149 184
Living cost
20 627
20 627
20 627
20 627
Free-cash
14 535
-2 929
99 846
128 557

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97207
₽97660
₽100548
₽72180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
38 795
health
-
-
-
2 974
national
-
-
-
43 603
total
-
-
-
85 372
Employee
49 224
-
183 814
-
municipal
8 063
-
29 917
-
national
813
-
28 192
-
pensions
3 322
-
12 407
-
unemployment
739
-
2 757
-
health
368
-
2 440
-
total
13 305
-
75 713
-
Employer
49 224
-
183 814
-
pensions
8 540
-
31 891
-
unemployment
320
-
1 195
-
accident
50
-
185
-
health
378
-
1 415
-
total
9 288
-
34 686
-
Corporate
159 988
218 500
-
-
income
31 998
43 700
-
-
total
31 998
43 700
-
-
Dividends

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

95 993
131 100
-
-
municipal
17 279
23 598
-
-
national
10 161
17 621
-
-
total
27 440
41 219
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 031
84 919
110 399
85 372
After tax
136 469
133 581
108 101
133 128
Living cost
35 921
35 921
35 921
35 921
Free-cash
100 548
97 660
72 180
97 207

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124995
₽137559
₽132470
₽123216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
health
-
-
-
5 571
social contributions
-
-
-
15 138
income
-
-
-
51 134
total
-
-
-
71 843
Employee
71 944
71 944
206 624
-
social contributions
2 720
5 971
8 054
-
income
7 833
6 660
50 179
-
health
558
1 223
3 512
-
total
11 111
13 854
61 745
-
Employer
71 944
71 944
206 624
-
social contributions
2 720
5 971
8 054
-
health
605
1 332
3 823
-
total
3 325
7 303
11 877
-
Corporate
182 402
139 254
-
-
income
22 801
17 407
-
-
total
22 801
17 407
-
-
Dividends
159 601
121 847
-
-
withholding
27 131
20 715
-
-
total
27 131
20 715
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 368
59 279
73 622
71 843
After tax
154 132
159 221
144 878
146 657
Living cost
21 662
21 662
21 662
21 662
Free-cash
132 470
137 559
123 216
124 995

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171606
₽166085
₽161325
₽152841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
22 675
total
-
-
-
32 039
Employee

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

21 475
-
209 356
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
20 354
-
health
1 825
-
7 546
-
total
6 621
-
41 660
-
Employer

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

21 475
-
209 356
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
194 814
218 500
-
-
income
17 533
19 665
-
-
total
17 533
19 665
-
-
Dividends
177 281
198 835
-
-
withholding
15 955
17 895
-
-
total
15 955
17 895
-
-
Income
218 500
218 500
218 500
218 500
Total tax
42 320
37 560
50 804
32 039
After tax
176 180
180 940
167 696
186 461
Living cost
14 855
14 855
14 855
14 855
Free-cash
161 325
166 085
152 841
171 606

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96293
₽119268
₽115138
₽92367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
70 463
total
-
-
-
96 479
Employee
34 595
-
190 854
-
pensions
1 626
-
4 077
-
other
34
-
87
-
unemployment
536
-
1 344
-
income
6 670
-
67 251
-
total
8 866
-
72 759
-
Employer
34 595
-
190 854
-
pensions
8 164
-
20 466
-
other
277
-
694
-
unemployment
1 903
-
4 769
-
accident
685
-
1 717
-
total
11 029
-
27 646
-
Corporate
172 876
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.

25 931
32 776
-
-
total
25 931
32 776
-
-
Dividends
146 945
185 724
-
-
withholding
31 808
40 728
-
-
total
31 808
40 728
-
-
Income
218 500
218 500
218 500
218 500
Total tax
77 634
73 504
100 405
96 479
After tax
140 866
144 996
118 095
122 021
Living cost
25 728
25 728
25 728
25 728
Free-cash
115 138
119 268
92 367
96 293

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139135
₽134523
₽134224
₽139005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
75 253
total
-
-
-
77 544
Employee
2 773
-
217 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
75 184
-
health
139
-
332
-
total
953
-
76 180
-
Employer
2 773
-
217 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
215 103
218 500
-
-
income
47 323
48 070
-
-
total
47 323
48 070
-
-
Dividends
167 780
170 430
-
-
withholding
33 556
34 086
-
-
total
33 556
34 086
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 455
82 156
77 674
77 544
After tax
136 045
136 344
140 826
140 956
Living cost
1 821
1 821
1 821
1 821
Free-cash
134 224
134 523
139 005
139 135

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125481
₽141692
₽137090
₽125481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
50 718
total
-
-
-
76 845
Employee

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

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

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

24 390
-
206 128
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
50 718
-
health
1 256
-
3 560
-
total
8 216
-
64 473
-
Employer

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

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

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

24 390
-
206 128
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
189 744
218 500
-
-
income
28 462
32 775
-
-
total
28 462
32 775
-
-
Dividends
161 282
185 725
-
-
withholding
24 192
27 859
-
-
total
24 192
27 859
-
-
Income
218 500
218 500
218 500
218 500
Total tax
65 236
60 634
76 845
76 845
After tax
153 264
157 866
141 655
141 655
Living cost
16 174
16 174
16 174
16 174
Free-cash
137 090
141 692
125 481
125 481

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
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.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88348
₽99059
₽98723
₽70986
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
75 929
income
-
-
-
29 000
total
-
-
-
104 929
Employee
36 313
-
176 565
-
social contributions
3 995
-
19 422
-
surtax
-
-
378
-
income
7 095
-
60 557
-
total
11 090
-
80 357
-
Employer
36 313
-
176 565
-
social contributions
8 624
-
41 934
-
total
8 624
-
41 934
-
Corporate
173 563
218 500
-
-
income
36 449
45 886
-
-
surtax
-
-
-
-
total
36 449
45 886
-
-
Dividends
137 114
172 614
-
-
withholding
38 391
48 332
-
-
total
38 391
48 332
-
-
Income
218 500
218 500
218 500
218 500
Total tax
94 554
94 218
122 291
104 929
After tax
123 946
124 282
96 209
113 571
Living cost
25 223
25 223
25 223
25 223
Free-cash
98 723
99 059
70 986
88 348

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89140
₽112115
₽105994
₽85214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
70 463
total
-
-
-
96 479
Employee
45 186
-
190 854
-
pensions
2 123
-
4 077
-
other
44
-
87
-
unemployment
700
-
1 344
-
income
9 438
-
67 251
-
total
12 305
-
72 759
-
Employer
45 186
-
190 854
-
pensions
10 664
-
20 466
-
other
362
-
694
-
unemployment
2 486
-
4 769
-
accident
895
-
1 717
-
total
14 407
-
27 646
-
Corporate
158 908
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.

23 836
32 776
-
-
total
23 836
32 776
-
-
Dividends
135 072
185 724
-
-
withholding
29 077
40 728
-
-
total
29 077
40 728
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 625
73 504
100 405
96 479
After tax
138 875
144 996
118 095
122 021
Living cost
32 881
32 881
32 881
32 881
Free-cash
105 994
112 115
85 214
89 140

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160905
₽170723
₽165022
₽170055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
32 775
total
-
-
-
41 501
Employee
21 311
-
212 088
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
21 209
-
health
980
-
1 503
-
total
5 216
-
25 940
-
Employer
21 311
-
212 088
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
193 008
218 500
-
-
income
19 301
21 850
-
-
total
19 301
21 850
-
-
Dividends
173 707
196 650
-
-
withholding
8 686
9 833
-
-
total
8 686
9 833
-
-
Income
218 500
218 500
218 500
218 500
Total tax
37 384
31 683
32 351
41 501
After tax
181 116
186 817
186 149
176 999
Living cost
16 094
16 094
16 094
16 094
Free-cash
165 022
170 723
170 055
160 905

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73336
₽76241
₽88480
₽98449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 113
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.

-
-
-
6 392
surtax

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

-
-
-
4 043
income

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

-
-
-
73 495
total
-
-
-
109 043
Employee

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

46 552
-
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.

211
-
4 043
-
income

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

3 828
-
73 495
-
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.

6 392
-
6 392
-
total
10 431
-
83 930
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 948
218 500
-
-
trade
24 674
31 355
-
-
income
25 793
32 776
-
-
chamber of commerce
394
462
-
-
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.

1 419
1 802
-
-
total
52 280
66 395
-
-
Dividends
119 668
152 105
-
-
withholding
29 562
37 671
-
-
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.

1 626
2 072
-
-
total
31 188
39 743
-
-
Income
218 500
218 500
218 500
218 500
Total tax
93 899
106 138
83 930
109 043
After tax
124 601
112 362
134 570
109 457
Living cost
36 121
36 121
36 121
36 121
Free-cash
88 480
76 241
98 449
73 336

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55570
₽99655
₽101719
₽55570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 698
income
-
-
-
71 936
total
-
-
-
109 634
Employee
73 185
-
218 500
-
social contributions
6 080
-
37 698
-
income
13 810
-
71 936
-
total
19 890
-
109 634
-
Employer
73 185
-
218 500
-
total
-
-
-
-
Corporate
145 315
218 500
-
-
income
18 165
27 312
-
-
total
18 165
27 312
-
-
Dividends
127 150
191 188
-
-
withholding
25 430
38 237
-
-
total
25 430
38 237
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 485
65 549
109 634
109 634
After tax
155 015
152 951
108 866
108 866
Living cost
53 296
53 296
53 296
53 296
Free-cash
101 719
99 655
55 570
55 570

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146023
₽103118
₽106389
₽118117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 738
income
-
-
-
32 776
total
-
-
-
38 514
Employee
42 920
-
214 196
-
social contributions
4 300
-
4 304
-
income
4 657
-
57 812
-
total
8 957
-
62 116
-
Employer
42 920
-
214 196
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
171 280
218 500
-
-
income
59 948
76 476
-
-
total
59 948
76 476
-
-
Dividends
111 332
142 024
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 148
81 419
66 420
38 514
After tax
140 352
137 081
152 080
179 986
Living cost
33 963
33 963
33 963
33 963
Free-cash
106 389
103 118
118 117
146 023

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106519
₽102798
₽108237
₽87057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 397
income
-
-
-
68 475
total
-
-
-
77 872
Employee
46 820
-
190 347
-
pensions
3 573
-
11 144
-
income
8 526
-
55 499
-
health
611
-
2 538
-
total
12 710
-
69 181
-
Employer
46 820
-
190 347
-
pensions
4 730
-
24 537
-
health
890
-
3 616
-
total
5 620
-
28 153
-
Corporate
166 060
218 500
-
-
income

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

31 551
41 515
-
-
total
31 551
41 515
-
-
Dividends
134 510
176 985
-
-
withholding
26 273
40 078
-
-
total
26 273
40 078
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 154
81 593
97 334
77 872
After tax
142 346
136 907
121 166
140 628
Living cost
34 109
34 109
34 109
34 109
Free-cash
108 237
102 798
87 057
106 519

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126515
-₽4971
₽14222
₽97804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
62 688
total
-
-
-
69 316
Employee
35 659
-
199 785
-
pensions
4 015
-
7 260
-
income
4 892
-
49 177
-
health
4 083
-
22 875
-
total
12 990
-
79 312
-
Employer
35 659
-
199 785
-
pensions
5 798
-
10 484
-
unemployment
874
-
4 895
-
accident
595
-
3 336
-
total
7 267
-
18 715
-
Corporate
175 574
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.

158 016
196 650
-
-
total
158 016
196 650
-
-
Dividends
17 557
21 850
-
-
withholding
3 336
4 152
-
-
total
3 336
4 152
-
-
Income
218 500
218 500
218 500
218 500
Total tax
181 609
200 802
98 027
69 316
After tax
36 891
17 698
120 473
149 184
Living cost
22 669
22 669
22 669
22 669
Free-cash
14 222
-4 971
97 804
126 515

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127971
₽154538
₽151711
₽148507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 481
health insurance
-
-
-
11 052
work injury
-
-
-
747
unemployment
-
-
-
1 792
income
-
-
-
36 842
total
-
-
-
77 914
Employee

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

20 184
-
218 500
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
36 842
-
work injury
101
-
373
-
total
7 569
-
57 378
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 316
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%.

19 832
21 850
-
-
total
19 832
21 850
-
-
Dividends
178 485
196 650
-
-
withholding
26 773
29 497
-
-
total
26 773
29 497
-
-
Income
218 500
218 500
218 500
218 500
Total tax
54 174
51 347
57 378
77 914
After tax
164 326
167 153
161 122
140 586
Living cost
12 615
12 615
12 615
12 615
Free-cash
151 711
154 538
148 507
127 971

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65759
₽77820
₽73563
₽58074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 545
regional
-
-
-
5 404
social contributions
-
-
-
46 827
national
-
-
-
61 693
total
-
-
-
115 469
Employee
78 840
-
218 500
-
social contributions
26 584
-
61 391
-
municipal
471
-
1 413
-
regional
1 190
-
4 919
-
national
13 323
-
55 431
-
total
41 568
-
123 154
-
Employer
78 840
-
218 500
-
total
-
-
-
-
Corporate
139 660
218 500
-
-
nationa
33 518
52 439
-
-
municipal
6 731
10 532
-
-
total
40 249
62 971
-
-
Dividends
99 411
155 529
-
-
withholding
25 848
40 437
-
-
total
25 848
40 437
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 665
103 408
123 154
115 469
After tax
110 835
115 092
95 346
103 031
Living cost
37 272
37 272
37 272
37 272
Free-cash
73 563
77 820
58 074
65 759

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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