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
₽81534
₽106099
₽78596
₽91973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
218 500
income

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

-
-
-
73 338
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.

-
-
-
4 033
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.

-
-
-
6 447
trade
-
-
-
27 503
total
-
-
-
111 321
Employee

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

36 093
-
218 500
-
surtax

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

56
-
4 033
-
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.

1 008
-
73 338
-
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.

6 447
-
6 447
-
total
7 511
-
83 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 407
218 500
-
-
income
27 361
32 775
-
-
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.

1 504
1 803
-
-
chamber of commerce
405
457
-
-
trade
28 730
34 414
-
-
total
58 000
69 449
-
-
Dividends
124 407
149 051
-
-
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.

1 691
2 029
-
-
withholding
30 742
36 905
-
-
total
32 433
38 934
-
-
Income
218 500
218 500
218 500
218 500
Total tax
97 944
108 383
83 818
111 321
After tax
120 556
110 117
134 682
107 179
Living cost
28 583
28 583
28 583
28 583
Free-cash
91 973
81 534
106 099
78 596

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
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.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86226
₽75808
₽74636
₽85393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
2 349
municipal
-
-
-
24 251
national
-
-
-
40 926
pensions
-
-
-
26 220
total
-
-
-
93 746
Employee
77 691
-
188 891
-
municipal
9 596
-
25 097
-
pensions
3 108
-
7 556
-
national
14 870
-
42 779
-
total
27 574
-
75 432
-
Employer
77 691
-
188 891
-
pensions
6 215
-
15 111
-
social contributions
835
-
2 031
-
total
7 050
-
17 142
-
Corporate
128 630
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%.

25 726
43 700
-
-
total
25 726
43 700
-
-
Dividends
102 904
174 800
-
-
withholding
22 639
38 456
-
-
total
22 639
38 456
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 989
82 156
92 574
93 746
After tax
135 511
136 344
125 926
124 754
Living cost
50 118
50 118
50 118
50 118
Free-cash
85 393
86 226
75 808
74 636

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155167
₽75692
₽60261
₽147427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
218 500
income
-
-
-
46 734
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.

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
138 607
Employee
27 574
-
172 439
-
surtax
-
-
25 003
-
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.

3 034
-
12 371
-
income
4 909
-
39 741
-
total
7 943
-
77 115
-
Employer
27 574
-
172 439
-
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.

6 642
-
27 093
-
surtax
-
-
18 968
-
total
6 642
-
46 061
-
Corporate
184 284
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%.

36 856
43 701
-
-
total
36 856
43 701
-
-
Dividends

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

147 427
174 799
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
51 441
43 701
123 176
138 607
After tax
167 059
174 799
95 324
79 893
Living cost
19 632
19 632
19 632
19 632
Free-cash
147 427
155 167
75 692
60 261

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69424
₽100198
₽77460
₽63643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
78 815
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
101 508
Employee
80 585
80 585
200 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
38 539
-
health
12 369
10 521
11 637
-
total
40 065
34 768
61 232
-
Employer
80 585
80 585
200 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
124 792
123 803
-
-
income
24 958
24 761
-
-
total
24 958
24 761
-
-
Dividends
99 834
99 042
-
-
income
21 215
21 047
-
-
withholding
14 975
14 856
-
-
total
36 190
35 903
-
-
Income
218 500
218 500
218 500
218 500
Total tax
115 325
109 544
78 770
101 508
After tax
103 175
108 956
139 730
116 992
Living cost
39 532
39 532
39 532
39 532
Free-cash
63 643
69 424
100 198
77 460

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81478
₽70279
₽71195
₽80628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
57 996
national
-
-
-
27 470
pensions
-
-
-
8 961
total
-
-
-
109 482
Employee
53 895
-
192 454
-
municipal
16 071
-
57 390
-
national
-
-
26 962
-
total
16 071
-
84 352
-
Employer
53 895
-
192 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
147 671
218 500
-
-
income
32 488
48 070
-
-
total
32 488
48 070
-
-
Dividends
115 184
170 430
-
-
withholding
34 555
51 129
-
-
total
34 555
51 129
-
-
Income
218 500
218 500
218 500
218 500
Total tax
100 049
99 199
110 398
109 482
After tax
118 451
119 301
108 102
109 018
Living cost
37 823
37 823
37 823
37 823
Free-cash
80 628
81 478
70 279
71 195

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽71921
₽97611
₽68885
₽85179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
218 500
income

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

-
-
-
73 338
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.

-
-
-
4 033
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.

-
-
-
6 447
trade
-
-
-
28 726
total
-
-
-
112 544
Employee

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

47 855
-
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.

226
-
4 033
-
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.

4 112
-
73 338
-
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.

6 447
-
6 447
-
total
10 785
-
83 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 645
218 500
-
-
income
25 598
32 775
-
-
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.

1 408
1 803
-
-
chamber of commerce
387
455
-
-
trade
28 071
35 943
-
-
total
55 464
70 976
-
-
Dividends
115 182
147 524
-
-
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.

1 563
2 009
-
-
withholding
28 438
36 523
-
-
total
30 001
38 532
-
-
Income
218 500
218 500
218 500
218 500
Total tax
96 250
109 508
83 818
112 544
After tax
122 250
108 992
134 682
105 956
Living cost
37 071
37 071
37 071
37 071
Free-cash
85 179
71 921
97 611
68 885

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128622
₽114338
₽116119
₽124706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
50 934
social contributions
-
-
-
15 268
health
-
-
-
5 571
total
-
-
-
71 773
Employee
72 564
72 564
206 555
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
49 974
-
health
722
1 234
3 512
-
total
11 868
13 973
61 609
-
Employer
72 564
72 564
206 555
-
health
786
1 343
3 822
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
11 945
-
Corporate
171 712
138 571
-
-
income
21 464
17 320
-
-
total
21 464
17 320
-
-
Dividends
150 248
121 250
-
-
withholding
25 542
20 612
-
-
total
25 542
20 612
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 186
59 270
73 554
71 773
After tax
155 314
159 230
144 946
146 727
Living cost
30 608
30 608
30 608
30 608
Free-cash
124 706
128 622
114 338
116 119

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105754
₽109792
₽134492
₽106106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
26 712
unemployment
-
-
-
3 278
health
-
-
-
15 295
pensions
-
-
-
21 850
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.

24 356
9 693
182 845
-
unemployment
365
145
2 743
-
pensions
2 436
969
18 285
-
income
2 978
1 185
22 353
-
health
1 705
679
12 799
-
total
7 484
2 978
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.

24 356
9 693
182 845
-
pensions
4 749
1 890
35 655
-
total
4 749
1 890
35 655
-
Corporate
189 394
206 916
-
-
income
17 045
18 622
-
-
total
17 045
18 622
-
-
Dividends
172 349
188 294
-
-
social contributions
33 497
36 607
-
-
withholding
32 746
35 776
-
-
total
66 243
72 383
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 521
95 873
91 835
67 135
After tax
122 979
122 627
126 665
151 365
Living cost
16 873
16 873
16 873
16 873
Free-cash
106 106
105 754
109 792
134 492

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152006
₽103147
₽94322
₽146146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
29 279
health
-
-
-
28 405
pensions
-
-
-
43 701
total
-
-
-
101 385
Employee
26 770
-
163 303
-
unemployment
428
-
2 613
-
pensions
535
-
3 266
-
income
3 014
-
31 484
-
total
3 977
-
37 363
-
Employer
26 770
-
163 303
-
health
3 479
-
21 230
-
pensions
5 354
-
32 660
-
unemployment
215
-
1 307
-
total
9 048
-
55 197
-
Corporate
182 681
218 500
-
-
income
36 536
43 701
-
-
total
36 536
43 701
-
-
Dividends
146 145
174 799
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
49 561
43 701
92 560
101 385
After tax
168 939
174 799
125 940
117 115
Living cost
22 793
22 793
22 793
22 793
Free-cash
146 146
152 006
103 147
94 322

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3269
₽99494
₽128216
₽14483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
241
income
-
-
-
62 677
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
69 316
Employee
32 984
-
199 769
-
pensions
3 714
-
7 272
-
income
4 525
-
49 161
-
health
3 777
-
22 874
-
total
12 016
-
79 307
-
Employer
32 984
-
199 769
-
pensions
5 363
-
10 501
-
accident
551
-
3 336
-
unemployment
808
-
4 894
-
total
6 722
-
18 731
-
Corporate
178 794
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.

160 914
196 650
-
-
total
160 914
196 650
-
-
Dividends
17 879
21 850
-
-
withholding
3 397
4 151
-
-
total
3 397
4 151
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 049
200 801
98 038
69 316
After tax
35 451
17 699
120 462
149 184
Living cost
20 968
20 968
20 968
20 968
Free-cash
14 483
-3 269
99 494
128 216

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽199984
₽167209
₽208724
₽198562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
218 500
-
income
1 897
-
43 700
-
total
1 897
-
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%.

209 011
218 500
-
-
total
-
-
-
-
Dividends
209 011
218 500
-
-
withholding
10 450
10 925
-
-
total
10 450
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
12 347
10 925
43 700
2 185
After tax
206 153
207 575
174 800
216 315
Living cost
7 591
7 591
7 591
7 591
Free-cash
198 562
199 984
167 209
208 724

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135388
₽105256
₽107045
₽129014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
38 740
other
-
-
-
6 816
health
-
-
-
6 314
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.

-
-
-
34 440
total
-
-
-
86 310
Employee
34 264
-
182 031
-
unemployment
342
-
1 434
-
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.

2 398
-
10 045
-
income
5 899
-
38 142
-
health
480
-
2 009
-
total
9 119
-
51 630
-
Employer
34 264
-
182 031
-
health
480
-
2 009
-
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.

5 825
-
24 396
-
accident
274
-
1 456
-
unemployment
342
-
1 434
-
other
1 714
-
7 174
-
total
8 635
-
36 469
-
Corporate
175 601
218 500
-
-
income
36 876
45 885
-
-
total
36 876
45 885
-
-
Dividends
138 725
172 615
-
-
withholding
9 711
12 082
-
-
total
9 711
12 082
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 341
57 967
88 099
86 310
After tax
154 159
160 533
130 401
132 190
Living cost
25 145
25 145
25 145
25 145
Free-cash
129 014
135 388
105 256
107 045

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74405
₽58510
₽77995
₽81983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
68 049
pensions
-
-
-
9 521
total
-
-
-
77 570
Employee
89 044
-
190 385
-
pensions
8 590
-
11 326
-
income
16 051
-
55 059
-
health
1 467
-
2 556
-
total
26 108
-
68 941
-
Employer
89 044
-
190 385
-
health
1 691
-
3 616
-
pensions
10 513
-
24 498
-
total
12 204
-
28 114
-
Corporate
117 252
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.

22 279
41 515
-
-
total
22 279
41 515
-
-
Dividends
94 973
176 985
-
-
withholding
12 991
39 645
-
-
total
12 991
39 645
-
-
Income
218 500
218 500
218 500
218 500
Total tax
73 582
81 160
97 055
77 570
After tax
144 918
137 340
121 445
140 930
Living cost
62 935
62 935
62 935
62 935
Free-cash
81 983
74 405
58 510
77 995

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽174447
₽173686
₽164554
₽170064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
32 775
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
41 575
Employee
16 380
-
212 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
21 203
-
health
753
-
1 516
-
total
4 009
-
25 976
-
Employer
16 380
-
212 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
198 905
218 500
-
-
income
19 891
21 850
-
-
total
19 891
21 850
-
-
Dividends
179 015
196 650
-
-
withholding
8 951
9 832
-
-
total
8 951
9 832
-
-
Income
218 500
218 500
218 500
218 500
Total tax
36 065
31 682
32 443
41 575
After tax
182 435
186 818
186 057
176 925
Living cost
12 371
12 371
12 371
12 371
Free-cash
170 064
174 447
173 686
164 554

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56628
₽87402
₽64664
₽59002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
78 815
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
101 508
Employee
87 490
80 585
200 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
38 539
-
health
10 915
10 521
11 637
-
total
35 162
34 768
61 232
-
Employer
87 490
80 585
200 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
115 692
123 803
-
-
income
23 139
24 761
-
-
total
23 139
24 761
-
-
Dividends
92 553
99 042
-
-
income
19 668
21 047
-
-
withholding
13 882
14 856
-
-
total
33 550
35 903
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 170
109 544
78 770
101 508
After tax
111 330
108 956
139 730
116 992
Living cost
52 328
52 328
52 328
52 328
Free-cash
59 002
56 628
87 402
64 664

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127312
₽96689
₽106318
₽119062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
23 359
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
2 924
health
-
-
-
29 498
total
-
-
-
89 057
Employee
34 007
-
174 321
-
solidarity contribution
-
-
2 060
-
social contributions
2 210
-
7 407
-
income
4 081
-
21 507
-
health
4 591
-
23 533
-
total
10 882
-
54 507
-
Employer
34 007
-
174 321
-
health
3 061
-
15 689
-
social contributions
8 502
-
28 490
-
total
11 563
-
44 179
-
Corporate
172 930
218 500
-
-
income
32 857
41 515
-
-
total
32 857
41 515
-
-
Dividends
140 074
176 985
-
-
withholding
21 011
26 548
-
-
total
21 011
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
76 313
68 063
98 686
89 057
After tax
142 187
150 437
119 814
129 443
Living cost
23 125
23 125
23 125
23 125
Free-cash
119 062
127 312
96 689
106 318

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
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.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽76758
₽57874
₽65874
₽71834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 230
regional
-
-
-
2 792
municipal
-
-
-
1 370
national
-
-
-
61 415
total
-
-
-
112 807
Employee
83 867
-
218 500
-
municipal
444
-
1 252
-
national
14 532
-
55 099
-
regional
791
-
2 536
-
social contributions
28 280
-
61 920
-
total
44 047
-
120 807
-
Employer
83 867
-
218 500
-
total
-
-
-
-
Corporate
134 633
218 500
-
-
municipal
5 251
8 522
-
-
nationa
32 311
52 440
-
-
total
37 562
60 962
-
-
Dividends
97 071
157 538
-
-
withholding
25 238
40 961
-
-
total
25 238
40 961
-
-
Income
218 500
218 500
218 500
218 500
Total tax
106 847
101 923
120 807
112 807
After tax
111 653
116 577
97 693
105 693
Living cost
39 819
39 819
39 819
39 819
Free-cash
71 834
76 758
57 874
65 874

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116613
₽76110
₽81884
₽113676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
69 617
other
-
-
-
-
surtax
-
-
-
11 830
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
115 792
Employee
31 207
-
191 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
10 702
-
income
5 231
-
63 974
-
health
797
-
3 211
-
total
10 383
-
95 054
-
Employer
31 207
-
191 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
180 725
218 500
-
-
income
46 988
56 809
-
-
total
46 988
56 809
-
-
Dividends
133 736
161 691
-
-
withholding
20 060
24 254
-
-
total
20 060
24 254
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 000
81 063
121 566
115 792
After tax
134 500
137 437
96 934
102 708
Living cost
20 824
20 824
20 824
20 824
Free-cash
113 676
116 613
76 110
81 884

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94344
₽78449
₽97934
₽100559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
68 049
pensions
-
-
-
9 521
total
-
-
-
77 570
Employee
59 675
-
190 385
-
pensions
5 065
-
11 326
-
income
10 748
-
55 059
-
health
866
-
2 556
-
total
16 679
-
68 941
-
Employer
59 675
-
190 385
-
health
1 134
-
3 616
-
pensions
6 460
-
24 498
-
total
7 594
-
28 114
-
Corporate
151 232
218 500
-
-
income

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

28 734
41 515
-
-
total
28 734
41 515
-
-
Dividends
122 498
176 985
-
-
withholding
21 938
39 645
-
-
total
21 938
39 645
-
-
Income
218 500
218 500
218 500
218 500
Total tax
74 945
81 160
97 055
77 570
After tax
143 555
137 340
121 445
140 930
Living cost
42 996
42 996
42 996
42 996
Free-cash
100 559
94 344
78 449
97 934

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25285
₽90742
₽98737
₽57217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
other

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

-
-
-
4 370
regional
-
-
-
12 235
health
-
-
-
491
city
-
-
-
2 304
national
-
-
-
5 631
pensions
-
-
-
20 101
total
-
-
-
45 132
Employee
87 337
-
196 649
-
unemployment
-
-
-
-
pensions
7 337
-
15 311
-
national
413
-
4 655
-
regional
2 860
-
10 903
-
city
937
-
2 128
-
health
197
-
443
-
total
11 744
-
33 440
-
Employer
87 337
-
196 649
-
health
197
-
443
-
pensions
7 337
-
15 311
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 746
-
3 933
-
total
9 280
-
19 687
-
Corporate
120 922
218 500
-
-
regional
25 576
46 212
-
-
national
10 278
18 572
-
-
total
35 854
64 784
-
-
Dividends
85 068
153 716
-
-
withholding
29 774
53 800
-
-
total
29 774
53 800
-
-
Income
218 500
218 500
218 500
218 500
Total tax
86 652
118 584
53 127
45 132
After tax
131 848
99 916
165 373
173 368
Living cost
74 631
74 631
74 631
74 631
Free-cash
57 217
25 285
90 742
98 737

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64639
₽91452
₽61503
₽79942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
218 500
income

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

-
-
-
73 338
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.

-
-
-
4 033
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.

-
-
-
6 447
trade
-
-
-
29 949
total
-
-
-
113 767
Employee

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

56 713
-
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.

367
-
4 033
-
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.

6 669
-
73 338
-
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.

6 447
-
6 447
-
total
13 483
-
83 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 787
218 500
-
-
income
24 269
32 775
-
-
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.

1 334
1 803
-
-
chamber of commerce
371
451
-
-
trade
27 746
37 472
-
-
total
53 720
72 501
-
-
Dividends
108 067
145 998
-
-
surtax

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

1 467
1 988
-
-
withholding
26 658
36 142
-
-
total
28 125
38 130
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 328
110 631
83 818
113 767
After tax
123 172
107 869
134 682
104 733
Living cost
43 230
43 230
43 230
43 230
Free-cash
79 942
64 639
91 452
61 503

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77838
₽79947
₽86743
₽83410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
41 624
other
-
-
-
6 773
surtax
-
-
-
-
social contributions
-
-
-
6 225
health
-
-
-
10 870
pensions
-
-
-
33 979
total
-
-
-
99 471
Employee
40 388
-
166 393
-
pensions
4 567
-
12 697
-
surtax
-
-
-
-
social contributions
1 151
-
4 740
-
income
2 384
-
36 723
-
total
8 102
-
54 160
-
Employer
40 388
-
166 393
-
health
2 828
-
16 727
-
pensions
6 635
-
21 171
-
unemployment
1 635
-
6 739
-
social contributions
122
-
500
-
other
1 393
-
6 970
-
total
12 613
-
52 107
-
Corporate
165 500
218 500
-
-
income
46 340
61 180
-
-
surtax
-
-
-
-
total
46 340
61 180
-
-
Dividends
119 160
157 320
-
-
surtax
-
-
-
-
social contributions
20 497
27 059
-
-
withholding
15 252
20 137
-
-
total
35 749
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
102 804
108 376
106 267
99 471
After tax
115 696
110 124
112 233
119 029
Living cost
32 286
32 286
32 286
32 286
Free-cash
83 410
77 838
79 947
86 743

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81037
₽83146
₽89942
₽86280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
41 624
other
-
-
-
6 773
surtax
-
-
-
-
social contributions
-
-
-
6 225
health
-
-
-
10 870
pensions
-
-
-
33 979
total
-
-
-
99 471
Employee
36 052
-
166 393
-
pensions
4 078
-
12 697
-
surtax
-
-
-
-
social contributions
1 028
-
4 740
-
income
1 859
-
36 723
-
total
6 965
-
54 160
-
Employer
36 052
-
166 393
-
health
2 523
-
16 727
-
pensions
5 924
-
21 171
-
unemployment
1 459
-
6 739
-
social contributions
107
-
500
-
other
1 245
-
6 970
-
total
11 258
-
52 107
-
Corporate
171 190
218 500
-
-
income
47 934
61 180
-
-
surtax
-
-
-
-
total
47 934
61 180
-
-
Dividends
123 256
157 320
-
-
surtax
-
-
-
-
social contributions
21 199
27 059
-
-
withholding
15 777
20 137
-
-
total
36 976
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
103 133
108 376
106 267
99 471
After tax
115 367
110 124
112 233
119 029
Living cost
29 087
29 087
29 087
29 087
Free-cash
86 280
81 037
83 146
89 942

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113294
₽114268
₽120310
₽113784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
32 775
social contributions
-
-
-
30 153
health
-
-
-
15 252
total
-
-
-
78 180
Employee
31 996
-
218 500
-
social contributions
4 416
-
30 153
-
income
5 337
-
38 817
-
health
2 233
-
15 252
-
total
11 986
-
84 222
-
Employer
31 996
-
218 500
-
total
-
-
-
-
Corporate
186 504
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%.

9 325
10 926
-
-
total
9 325
10 926
-
-
Dividends
177 179
207 574
-
-
social contributions
24 451
28 645
-
-
withholding
26 577
31 136
-
-
health
12 367
14 489
-
-
total
63 395
74 270
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 706
85 196
84 222
78 180
After tax
133 794
133 304
134 278
140 320
Living cost
20 010
20 010
20 010
20 010
Free-cash
113 784
113 294
114 268
120 310

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87147
₽23961
₽78583
₽85685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
70 990
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
874
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
106 666
Employee
47 160
37 607
181 393
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
59 762
-
health
1 825
1 456
4 266
-
total
13 910
9 584
79 728
-
Employer
47 160
37 607
181 393
-
chamber of commerce
188
150
725
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
5 442
-
other
2 240
1 785
8 010
-
total
13 757
11 009
37 107
-
Corporate
157 583
169 884
177 812
-
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.

39 396
42 470
44 453
-
total
39 396
42 470
44 453
-
Dividends
118 187
127 413
-
-
withholding
32 501
35 039
-
-
total
32 501
35 039
-
-
Income
218 500
218 500
218 500
218 500
Total tax
99 564
98 102
161 288
106 666
After tax
118 936
120 398
57 212
111 834
Living cost
33 251
33 251
33 251
33 251
Free-cash
85 685
87 147
23 961
78 583

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85152
₽39602
₽60658
₽73532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
communal

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

-
-
-
11 699
social contributions
-
-
-
23 527
national
-
-
-
88 209
total
-
-
-
123 435
Employee

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

67 501
-
169 235
-
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.

587
-
1 472
-
communal

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

3 521
-
8 827
-
pensions

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

5 063
-
12 693
-
national
20 753
-
64 280
-
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.

3 171
-
7 955
-
total
33 095
-
95 227
-
Employer

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

67 501
-
169 235
-
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.

4 151
-
10 408
-
pensions

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

5 981
-
14 994
-
accident

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

877
-
2 201
-
unemployment

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

985
-
2 471
-
surtax
7 654
-
19 190
-
total
19 648
-
49 264
-
Corporate
131 350
218 500
-
-
income
26 271
47 248
-
-
surtax
525
946
-
-
total
26 796
48 194
-
-
Dividends
104 555
170 306
-
-
withholding

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

31 022
50 747
-
-
total
31 022
50 747
-
-
Income
218 500
218 500
218 500
218 500
Total tax
110 561
98 941
144 491
123 435
After tax
107 939
119 559
74 009
95 065
Living cost
34 407
34 407
34 407
34 407
Free-cash
73 532
85 152
39 602
60 658

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110933
₽83997
₽87957
₽104469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
788
income
-
-
-
70 223
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
96 463
Employee
46 973
-
190 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
66 983
-
total
12 895
-
72 539
-
Employer
46 973
-
190 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
156 554
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.

23 483
32 775
-
-
total
23 483
32 775
-
-
Dividends
133 071
185 725
-
-
withholding
28 601
40 712
-
-
total
28 601
40 712
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 951
73 487
100 423
96 463
After tax
138 549
145 013
118 077
122 037
Living cost
34 080
34 080
34 080
34 080
Free-cash
104 469
110 933
83 997
87 957

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71912
₽59603
₽50892
₽58935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
communal
-
-
-
13 809
accident
-
-
-
1 843
income
-
-
-
41 739
surtax
-
-
-
10 832
health
-
-
-
15 352
pensions
-
-
-
32 750
total
-
-
-
116 325
Employee
71 463
-
195 177
-
pensions
5 716
-
15 614
-
surtax
4 380
-
11 961
-
income
6 903
-
48 030
-
health
3 180
-
8 685
-
total
20 179
-
84 290
-
Employer
71 463
-
195 177
-
health
2 179
-
5 953
-
pensions
5 716
-
15 614
-
accident
643
-
1 757
-
total
8 538
-
23 324
-
Corporate
138 498
218 500
-
-
communal
9 348
14 749
-
-
income
20 775
32 775
-
-
surtax
1 454
2 294
-
-
total
31 577
49 818
-
-
Dividends
106 921
168 682
-
-
income
31 950
20 185
-
-
withholding
16 038
25 302
-
-
total
47 988
45 487
-
-
Income
218 500
218 500
218 500
218 500
Total tax
108 282
95 305
107 614
116 325
After tax
110 218
123 195
110 886
102 175
Living cost
51 283
51 283
51 283
51 283
Free-cash
58 935
71 912
59 603
50 892

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116241
₽75738
₽81512
₽113239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
69 617
other
-
-
-
-
surtax
-
-
-
11 830
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
115 792
Employee
31 779
-
191 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
10 702
-
income
5 328
-
63 974
-
health
811
-
3 211
-
total
10 584
-
95 054
-
Employer
31 779
-
191 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
180 030
218 500
-
-
income
46 808
56 809
-
-
total
46 808
56 809
-
-
Dividends
133 223
161 691
-
-
withholding
19 983
24 254
-
-
total
19 983
24 254
-
-
Income
218 500
218 500
218 500
218 500
Total tax
84 065
81 063
121 566
115 792
After tax
134 435
137 437
96 934
102 708
Living cost
21 196
21 196
21 196
21 196
Free-cash
113 239
116 241
75 738
81 512

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89429
₽71631
₽79588
₽87333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 230
regional
-
-
-
3 477
municipal
-
-
-
1 370
national
-
-
-
61 415
total
-
-
-
113 492
Employee
52 347
-
218 500
-
municipal
278
-
1 252
-
national
8 293
-
55 099
-
regional
705
-
3 178
-
social contributions
17 652
-
61 920
-
total
26 928
-
121 449
-
Employer
52 347
-
218 500
-
total
-
-
-
-
Corporate
166 153
218 500
-
-
municipal
8 257
10 859
-
-
nationa
39 877
52 440
-
-
total
48 134
63 299
-
-
Dividends
118 019
155 201
-
-
withholding
30 685
40 352
-
-
total
30 685
40 352
-
-
Income
218 500
218 500
218 500
218 500
Total tax
105 747
103 651
121 449
113 492
After tax
112 753
114 849
97 051
105 008
Living cost
25 420
25 420
25 420
25 420
Free-cash
87 333
89 429
71 631
79 588

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121941
₽91318
₽100947
₽111776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
23 359
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
2 924
health
-
-
-
29 498
total
-
-
-
89 057
Employee
41 906
-
174 321
-
solidarity contribution
-
-
2 060
-
social contributions
2 724
-
7 407
-
income
5 029
-
21 507
-
health
5 657
-
23 533
-
total
13 410
-
54 507
-
Employer
41 906
-
174 321
-
health
3 771
-
15 689
-
social contributions
10 476
-
28 490
-
total
14 247
-
44 179
-
Corporate
162 346
218 500
-
-
income
30 846
41 515
-
-
total
30 846
41 515
-
-
Dividends
131 501
176 985
-
-
withholding
19 725
26 548
-
-
total
19 725
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 228
68 063
98 686
89 057
After tax
140 272
150 437
119 814
129 443
Living cost
28 496
28 496
28 496
28 496
Free-cash
111 776
121 941
91 318
100 947

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90392
₽27148
₽81914
₽89927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
70 990
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
874
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
106 480
Employee
41 250
37 607
181 565
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
59 848
-
health
1 596
1 456
4 266
-
total
11 144
9 584
79 814
-
Employer
41 250
37 607
181 565
-
chamber of commerce
165
150
727
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
5 448
-
other
1 959
1 785
8 017
-
total
11 870
10 823
36 936
-
Corporate
165 378
170 070
177 983
-
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.

41 344
42 517
44 496
-
total
41 344
42 517
44 496
-
Dividends
124 035
127 553
-
-
withholding
34 109
35 078
-
-
total
34 109
35 078
-
-
Income
218 500
218 500
218 500
218 500
Total tax
98 467
98 002
161 246
106 480
After tax
120 033
120 498
57 254
112 020
Living cost
30 106
30 106
30 106
30 106
Free-cash
89 927
90 392
27 148
81 914

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195746
₽162971
₽204486
₽193528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
218 500
-
income
2 958
-
43 700
-
total
2 958
-
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%.

203 713
218 500
-
-
total
-
-
-
-
Dividends
203 713
218 500
-
-
withholding
10 185
10 925
-
-
total
10 185
10 925
-
-
Income
218 500
218 500
218 500
218 500
Total tax
13 143
10 925
43 700
2 185
After tax
205 357
207 575
174 800
216 315
Living cost
11 829
11 829
11 829
11 829
Free-cash
193 528
195 746
162 971
204 486

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125125
₽70731
₽75476
₽117233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
218 500
income
-
-
-
55 981
unemployment
-
-
-
328
health
-
-
-
21 500
pensions
-
-
-
39 904
total
-
-
-
117 713
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.

41 729
-
189 063
-
unemployment
59
-
265
-
pensions
6 468
-
29 304
-
income
7 196
-
51 237
-
health
2 695
-
12 215
-
total
16 418
-
93 021
-
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.

41 729
-
189 063
-
health
2 779
-
12 593
-
pensions
3 693
-
16 731
-
unemployment
25
-
113
-
total
6 497
-
29 437
-
Corporate
170 274
218 500
-
-
income
32 352
41 516
-
-
total
32 352
41 516
-
-
Dividends
137 921
176 984
-
-
withholding
20 689
26 548
-
-
total
20 689
26 548
-
-
Income
218 500
218 500
218 500
218 500
Total tax
75 956
68 064
122 458
117 713
After tax
142 544
150 436
96 042
100 787
Living cost
25 311
25 311
25 311
25 311
Free-cash
117 233
125 125
70 731
75 476

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92605
₽165874
₽110671
₽48145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
42 590
social contributions
-
-
-
24 909
total
-
-
-
67 499
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
79 136
218 500
-
-
income
17 410
48 070
-
-
total
17 410
48 070
-
-
Dividends
61 726
170 430
-
-
income
13 580
37 495
-
-
total
13 580
37 495
-
-
Income
218 500
218 500
218 500
218 500
Total tax
130 025
85 565
12 296
67 499
After tax
88 475
132 935
206 204
151 001
Living cost
40 330
40 330
40 330
40 330
Free-cash
48 145
92 605
165 874
110 671

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94683
₽66766
₽84063
₽93732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
218 500
income
-
-
-
28 908
surtax
-
-
-
-
social contributions

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

-
-
-
75 929
total
-
-
-
104 837
Employee
43 401
-
176 565
-
surtax
-
-
347
-
social contributions
4 774
-
19 423
-
income
9 028
-
60 429
-
total
13 802
-
80 199
-
Employer
43 401
-
176 565
-
social contributions
10 308
-
41 935
-
total
10 308
-
41 935
-
Corporate
164 791
218 500
-
-
income
34 607
45 885
-
-
surtax
-
-
-
-
total
34 607
45 885
-
-
Dividends
130 184
172 615
-
-
withholding
36 451
48 332
-
-
total
36 451
48 332
-
-
Income
218 500
218 500
218 500
218 500
Total tax
95 168
94 217
122 134
104 837
After tax
123 332
124 283
96 366
113 663
Living cost
29 600
29 600
29 600
29 600
Free-cash
93 732
94 683
66 766
84 063

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64546
₽66655
₽73451
₽71034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
41 624
other
-
-
-
6 773
surtax
-
-
-
-
social contributions
-
-
-
6 225
health
-
-
-
10 870
pensions
-
-
-
33 979
total
-
-
-
99 471
Employee
59 104
-
166 393
-
pensions
6 685
-
12 697
-
surtax
-
-
-
-
social contributions
1 683
-
4 740
-
income
5 157
-
36 723
-
total
13 525
-
54 160
-
Employer
59 104
-
166 393
-
health
4 137
-
16 727
-
pensions
9 711
-
21 171
-
unemployment
2 394
-
6 739
-
social contributions
177
-
500
-
other
2 040
-
6 970
-
total
18 459
-
52 107
-
Corporate
140 937
218 500
-
-
income
39 462
61 180
-
-
surtax
-
-
-
-
total
39 462
61 180
-
-
Dividends
101 475
157 320
-
-
surtax
-
-
-
-
social contributions
17 453
27 059
-
-
withholding
12 989
20 137
-
-
total
30 442
47 196
-
-
Income
218 500
218 500
218 500
218 500
Total tax
101 888
108 376
106 267
99 471
After tax
116 612
110 124
112 233
119 029
Living cost
45 578
45 578
45 578
45 578
Free-cash
71 034
64 546
66 655
73 451

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168285
₽136559
₽130752
₽165112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
11 312
social contributions
-
-
-
48 070
total
-
-
-
59 382
Employee
30 338
-
189 178
-
income
-
-
11 957
-
social contributions
1 972
-
12 296
-
total
1 972
-
24 253
-
Employer
30 338
-
189 178
-
social contributions
4 703
-
29 322
-
total
4 703
-
29 322
-
Corporate
183 459
218 500
-
-
income
18 347
21 849
-
-
total
18 347
21 849
-
-
Dividends
165 113
196 651
-
-
total
-
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
25 022
21 849
53 575
59 382
After tax
193 478
196 651
164 925
159 118
Living cost
28 366
28 366
28 366
28 366
Free-cash
165 112
168 285
136 559
130 752

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
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.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12908
₽12908
₽80401
₽7349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
labour market
-
-
-
17 415
municipal
-
-
-
47 067
national
-
-
-
27 355
pensions
-
-
-
818
total
-
-
-
92 655
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
12 909
-
-
-
income
2 840
-
-
-
total
2 840
-
-
-
Dividends
10 069
-
-
-
withholding
2 719
-
-
-
total
2 719
-
-
-
Income
218 500
218 500
218 500
218 500
Total tax
165 707
160 148
160 148
92 655
After tax
52 793
58 352
58 352
125 845
Living cost
45 444
45 444
45 444
45 444
Free-cash
7 349
12 908
12 908
80 401

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2960
₽99803
₽128525
₽14530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
241
income
-
-
-
62 677
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
69 316
Employee
32 498
-
199 769
-
pensions
3 660
-
7 272
-
income
4 458
-
49 161
-
health
3 721
-
22 874
-
total
11 839
-
79 307
-
Employer
32 498
-
199 769
-
pensions
5 284
-
10 501
-
accident
543
-
3 336
-
unemployment
796
-
4 894
-
total
6 623
-
18 731
-
Corporate
179 379
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.

161 441
196 650
-
-
total
161 441
196 650
-
-
Dividends
17 938
21 850
-
-
withholding
3 408
4 151
-
-
total
3 408
4 151
-
-
Income
218 500
218 500
218 500
218 500
Total tax
183 311
200 801
98 038
69 316
After tax
35 189
17 699
120 462
149 184
Living cost
20 659
20 659
20 659
20 659
Free-cash
14 530
-2 960
99 803
128 525

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97439
₽72075
₽97105
₽100355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
218 500
health
-
-
-
2 971
municipal
-
-
-
38 796
national
-
-
-
43 398
total
-
-
-
85 165
Employee
49 648
-
183 814
-
municipal
8 132
-
29 919
-
unemployment
745
-
2 758
-
pensions
3 351
-
12 407
-
national
820
-
27 989
-
health
371
-
2 437
-
total
13 419
-
75 510
-
Employer
49 648
-
183 814
-
health
381
-
1 415
-
pensions
8 614
-
31 892
-
accident
50
-
184
-
unemployment
322
-
1 194
-
total
9 367
-
34 685
-
Corporate
159 484
218 500
-
-
income
31 897
43 701
-
-
total
31 897
43 701
-
-
Dividends

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

95 690
131 100
-
-
municipal
17 224
23 597
-
-
national
10 008
17 533
-
-
total
27 232
41 130
-
-
Income
218 500
218 500
218 500
218 500
Total tax
81 915
84 831
110 195
85 165
After tax
136 585
133 669
108 305
133 335
Living cost
36 230
36 230
36 230
36 230
Free-cash
100 355
97 439
72 075
97 105

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137381
₽123097
₽124878
₽132244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
50 934
social contributions
-
-
-
15 268
health
-
-
-
5 571
total
-
-
-
71 773
Employee
72 564
72 564
206 555
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
49 974
-
health
562
1 234
3 512
-
total
11 206
13 973
61 609
-
Employer
72 564
72 564
206 555
-
health
611
1 343
3 822
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
11 945
-
Corporate
182 091
138 571
-
-
income
22 761
17 320
-
-
total
22 761
17 320
-
-
Dividends
159 330
121 250
-
-
withholding
27 086
20 612
-
-
total
27 086
20 612
-
-
Income
218 500
218 500
218 500
218 500
Total tax
64 407
59 270
73 554
71 773
After tax
154 093
159 230
144 946
146 727
Living cost
21 849
21 849
21 849
21 849
Free-cash
132 244
137 381
123 097
124 878

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165957
₽152480
₽171409
₽161157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
218 500
income
-
-
-
22 663
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
32 108
Employee

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

21 660
-
209 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
20 324
-
health
1 841
-
7 611
-
total
6 677
-
41 814
-
Employer

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

21 660
-
209 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
194 610
218 500
-
-
income
17 516
19 665
-
-
total
17 516
19 665
-
-
Dividends
177 094
198 835
-
-
withholding
15 938
17 895
-
-
total
15 938
17 895
-
-
Income
218 500
218 500
218 500
218 500
Total tax
42 360
37 560
51 037
32 108
After tax
176 140
180 940
167 463
186 392
Living cost
14 983
14 983
14 983
14 983
Free-cash
161 157
165 957
152 480
171 409

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119063
₽92127
₽96087
₽114896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
788
income
-
-
-
70 223
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
96 463
Employee
34 893
-
190 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
66 983
-
total
8 942
-
72 539
-
Employer
34 893
-
190 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
172 483
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.

25 873
32 775
-
-
total
25 873
32 775
-
-
Dividends
146 609
185 725
-
-
withholding
31 715
40 712
-
-
total
31 715
40 712
-
-
Income
218 500
218 500
218 500
218 500
Total tax
77 654
73 487
100 423
96 463
After tax
140 846
145 013
118 077
122 037
Living cost
25 950
25 950
25 950
25 950
Free-cash
114 896
119 063
92 127
96 087

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
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.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134439
₽138867
₽139002
₽134126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
75 197
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
77 593
Employee
2 901
-
216 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
75 124
-
health
145
-
347
-
total
996
-
76 165
-
Employer
2 901
-
216 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
214 946
218 500
-
-
income
47 288
48 070
-
-
total
47 288
48 070
-
-
Dividends
167 658
170 430
-
-
withholding
33 532
34 086
-
-
total
33 532
34 086
-
-
Income
218 500
218 500
218 500
218 500
Total tax
82 469
82 156
77 728
77 593
After tax
136 031
136 344
140 772
140 907
Living cost
1 905
1 905
1 905
1 905
Free-cash
134 126
134 439
138 867
139 002

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141545
₽125131
₽125132
₽136902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
218 500
income
-
-
-
50 683
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
77 047
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.

24 612
-
206 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
50 683
-
health
1 267
-
3 592
-
total
8 291
-
64 563
-
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.

24 612
-
206 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
189 483
218 500
-
-
income
28 422
32 775
-
-
total
28 422
32 775
-
-
Dividends
161 060
185 725
-
-
withholding
24 159
27 859
-
-
total
24 159
27 859
-
-
Income
218 500
218 500
218 500
218 500
Total tax
65 277
60 634
77 048
77 047
After tax
153 223
157 866
141 452
141 453
Living cost
16 321
16 321
16 321
16 321
Free-cash
136 902
141 545
125 131
125 132

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98842
₽70925
₽88222
₽98502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
218 500
income
-
-
-
28 908
surtax
-
-
-
-
social contributions

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

-
-
-
75 929
total
-
-
-
104 837
Employee
36 626
-
176 565
-
surtax
-
-
347
-
social contributions
4 029
-
19 423
-
income
7 156
-
60 429
-
total
11 185
-
80 199
-
Employer
36 626
-
176 565
-
social contributions
8 698
-
41 935
-
total
8 698
-
41 935
-
Corporate
173 176
218 500
-
-
income
36 367
45 885
-
-
surtax
-
-
-
-
total
36 367
45 885
-
-
Dividends
136 809
172 615
-
-
withholding
38 307
48 332
-
-
total
38 307
48 332
-
-
Income
218 500
218 500
218 500
218 500
Total tax
94 557
94 217
122 134
104 837
After tax
123 943
124 283
96 366
113 663
Living cost
25 441
25 441
25 441
25 441
Free-cash
98 502
98 842
70 925
88 222

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
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.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111848
₽84912
₽88872
₽105674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
788
income
-
-
-
70 223
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
96 463
Employee
45 575
-
190 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
66 983
-
total
12 412
-
72 539
-
Employer
45 575
-
190 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
158 395
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.

23 758
32 775
-
-
total
23 758
32 775
-
-
Dividends
134 636
185 725
-
-
withholding
28 961
40 712
-
-
total
28 961
40 712
-
-
Income
218 500
218 500
218 500
218 500
Total tax
79 661
73 487
100 423
96 463
After tax
138 839
145 013
118 077
122 037
Living cost
33 165
33 165
33 165
33 165
Free-cash
105 674
111 848
84 912
88 872

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170587
₽169826
₽160694
₽164836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
32 775
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
41 575
Employee
21 492
-
212 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
21 203
-
health
989
-
1 516
-
total
5 262
-
25 976
-
Employer
21 492
-
212 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
192 791
218 500
-
-
income
19 279
21 850
-
-
total
19 279
21 850
-
-
Dividends
173 512
196 650
-
-
withholding
8 676
9 832
-
-
total
8 676
9 832
-
-
Income
218 500
218 500
218 500
218 500
Total tax
37 433
31 682
32 443
41 575
After tax
181 067
186 818
186 057
176 925
Living cost
16 231
16 231
16 231
16 231
Free-cash
164 836
170 587
169 826
160 694

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75932
₽98250
₽73192
₽88279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
218 500
income

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

-
-
-
73 338
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.

-
-
-
4 033
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.

-
-
-
6 447
trade
-
-
-
25 058
total
-
-
-
108 876
Employee

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

46 953
-
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.

213
-
4 033
-
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.

3 861
-
73 338
-
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.

6 447
-
6 447
-
total
10 521
-
83 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 547
218 500
-
-
income
25 732
32 775
-
-
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.

1 415
1 803
-
-
chamber of commerce
394
464
-
-
trade
24 616
31 355
-
-
total
52 157
66 397
-
-
Dividends
119 390
152 103
-
-
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.

1 622
2 072
-
-
withholding
29 489
37 667
-
-
total
31 111
39 739
-
-
Income
218 500
218 500
218 500
218 500
Total tax
93 789
106 136
83 818
108 876
After tax
124 711
112 364
134 682
109 624
Living cost
36 432
36 432
36 432
36 432
Free-cash
88 279
75 932
98 250
73 192

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99195
₽55277
₽55277
₽101278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
71 802
social contributions
-
-
-
37 666
total
-
-
-
109 468
Employee
73 816
-
218 500
-
income
13 929
-
71 802
-
social contributions
6 133
-
37 666
-
total
20 062
-
109 468
-
Employer
73 816
-
218 500
-
total
-
-
-
-
Corporate
144 684
218 500
-
-
income
18 085
27 313
-
-
total
18 085
27 313
-
-
Dividends
126 599
191 187
-
-
withholding
25 320
38 237
-
-
total
25 320
38 237
-
-
Income
218 500
218 500
218 500
218 500
Total tax
63 467
65 550
109 468
109 468
After tax
155 033
152 950
109 032
109 032
Living cost
53 755
53 755
53 755
53 755
Free-cash
101 278
99 195
55 277
55 277

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102783
₽117912
₽145761
₽106083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 709
total
-
-
-
38 484
Employee
43 290
-
214 159
-
income
4 697
-
57 651
-
social contributions
4 337
-
4 341
-
total
9 034
-
61 992
-
Employer
43 290
-
214 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
170 873
218 500
-
-
income
59 805
76 476
-
-
total
59 805
76 476
-
-
Dividends
111 068
142 024
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
218 500
218 500
218 500
218 500
Total tax
78 162
81 462
66 333
38 484
After tax
140 338
137 038
152 167
180 016
Living cost
34 255
34 255
34 255
34 255
Free-cash
106 083
102 783
117 912
145 761

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102386
₽86491
₽105976
₽107960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
income
-
-
-
68 049
pensions
-
-
-
9 521
total
-
-
-
77 570
Employee
47 979
-
190 385
-
pensions
3 662
-
11 326
-
income
8 737
-
55 059
-
health
626
-
2 556
-
total
13 025
-
68 941
-
Employer
47 979
-
190 385
-
health
912
-
3 616
-
pensions
4 847
-
24 498
-
total
5 759
-
28 114
-
Corporate
164 761
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.

31 304
41 515
-
-
total
31 304
41 515
-
-
Dividends
133 457
176 985
-
-
withholding
25 498
39 645
-
-
total
25 498
39 645
-
-
Income
218 500
218 500
218 500
218 500
Total tax
75 586
81 160
97 055
77 570
After tax
142 914
137 340
121 445
140 930
Living cost
34 954
34 954
34 954
34 954
Free-cash
107 960
102 386
86 491
105 976

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
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.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5005
₽97758
₽126480
₽14217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
accident
-
-
-
241
income
-
-
-
62 677
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
69 316
Employee
35 715
-
199 769
-
pensions
4 022
-
7 272
-
income
4 900
-
49 161
-
health
4 089
-
22 874
-
total
13 011
-
79 307
-
Employer
35 715
-
199 769
-
pensions
5 807
-
10 501
-
accident
596
-
3 336
-
unemployment
875
-
4 894
-
total
7 278
-
18 731
-
Corporate
175 507
218 500
-
-
income

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

157 956
196 650
-
-
total
157 956
196 650
-
-
Dividends
17 551
21 850
-
-
withholding
3 334
4 151
-
-
total
3 334
4 151
-
-
Income
218 500
218 500
218 500
218 500
Total tax
181 579
200 801
98 038
69 316
After tax
36 921
17 699
120 462
149 184
Living cost
22 704
22 704
22 704
22 704
Free-cash
14 217
-5 005
97 758
126 480

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽154405
₽148182
₽127429
₽151549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
218 500
income
-
-
-
36 816
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
78 323
Employee

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

20 397
-
218 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
36 816
-
total
7 649
-
57 570
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 103
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%.

19 810
21 850
-
-
total
19 810
21 850
-
-
Dividends
178 293
196 650
-
-
withholding
26 744
29 497
-
-
total
26 744
29 497
-
-
Income
218 500
218 500
218 500
218 500
Total tax
54 203
51 347
57 570
78 323
After tax
164 297
167 153
160 930
140 177
Living cost
12 748
12 748
12 748
12 748
Free-cash
151 549
154 405
148 182
127 429

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77497
₽57580
₽65332
₽73205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
218 500
social contributions
-
-
-
47 230
regional
-
-
-
5 388
municipal
-
-
-
1 542
national
-
-
-
61 415
total
-
-
-
115 575
Employee
79 519
-
218 500
-
municipal
475
-
1 409
-
national
13 438
-
55 099
-
regional
1 201
-
4 899
-
social contributions
26 813
-
61 920
-
total
41 927
-
123 327
-
Employer
79 519
-
218 500
-
total
-
-
-
-
Corporate
138 981
218 500
-
-
municipal
6 699
10 532
-
-
nationa
33 355
52 440
-
-
total
40 054
62 972
-
-
Dividends
98 926
155 529
-
-
withholding
25 721
40 438
-
-
total
25 721
40 438
-
-
Income
218 500
218 500
218 500
218 500
Total tax
107 702
103 410
123 327
115 575
After tax
110 798
115 090
95 173
102 925
Living cost
37 593
37 593
37 593
37 593
Free-cash
73 205
77 497
57 580
65 332

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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