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
₽ 219500
per

Your estimated
City
free-cash

Dresden , Germany
₽78929
₽81815
₽92334
₽106535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
trade
-
-
-
27 606
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.

-
-
-
6 497
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.

-
-
-
4 048
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.

-
-
-
73 613
total
-
-
-
111 764
Employee

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

36 376
-
219 500
-
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
-
4 048
-
income

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

1 016
-
73 613
-
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.

6 497
-
6 497
-
total
7 569
-
84 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 124
219 500
-
-
trade
28 843
34 571
-
-
income
27 469
32 925
-
-
chamber of commerce
408
460
-
-
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.

1 511
1 810
-
-
total
58 231
69 766
-
-
Dividends
124 894
149 733
-
-
withholding
30 862
37 073
-
-
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.

1 697
2 039
-
-
total
32 559
39 112
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 359
108 878
84 158
111 764
After tax
121 141
110 622
135 342
107 736
Living cost
28 807
28 807
28 807
28 807
Free-cash
92 334
81 815
106 535
78 929

Estimated living cost  is ₽28807 per week

₽18120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74961
₽86596
₽85759
₽76140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
24 361
pensions
-
-
-
26 340
social contributions
-
-
-
2 360
national
-
-
-
41 106
total
-
-
-
94 167
Employee
78 085
-
189 756
-
municipal
9 645
-
25 211
-
national
14 945
-
42 967
-
pensions
3 123
-
7 590
-
total
27 713
-
75 768
-
Employer
78 085
-
189 756
-
pensions
6 247
-
15 180
-
social contributions
839
-
2 040
-
total
7 086
-
17 220
-
Corporate
129 175
219 500
-
-
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%.

25 835
43 900
-
-
total
25 835
43 900
-
-
Dividends
103 340
175 600
-
-
withholding
22 735
38 632
-
-
total
22 735
38 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
83 369
82 532
92 988
94 167
After tax
136 131
136 968
126 512
125 333
Living cost
50 372
50 372
50 372
50 372
Free-cash
85 759
86 596
76 140
74 961

Estimated living cost  is ₽50372 per week

₽34237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽754
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60425
₽155814
₽148012
₽75938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
surtax
-
-
-
55 972
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.

-
-
-
36 439
income
-
-
-
46 878
microenterprise
-
-
-
-
total
-
-
-
139 289
Employee
27 790
-
173 149
-
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.

3 057
-
12 468
-
surtax
-
-
25 107
-
income
4 947
-
39 850
-
total
8 004
-
77 425
-
Employer
27 790
-
173 149
-
surtax
-
-
19 046
-
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.

6 694
-
27 305
-
total
6 694
-
46 351
-
Corporate
185 016
219 500
-
-
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%.

37 004
43 900
-
-
total
37 004
43 900
-
-
Dividends

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

148 012
175 600
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
51 702
43 900
123 776
139 289
After tax
167 798
175 600
95 724
80 211
Living cost
19 786
19 786
19 786
19 786
Free-cash
148 012
155 814
75 938
60 425

Estimated living cost  is ₽19786 per week

₽12623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽77724
₽69606
₽63779
₽100530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
79 064
total
-
-
-
101 935
Employee
81 216
81 216
201 826
-
pensions
14 619
11 143
11 143
-
income

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

13 294
13 294
38 584
-
health
12 466
10 603
11 728
-
total
40 379
35 040
61 455
-
Employer
81 216
81 216
201 826
-
pensions
5 653
5 653
7 026
-
unemployment
2 924
2 924
3 633
-
health
5 645
5 645
7 015
-
total
14 222
14 222
17 674
-
Corporate
125 058
124 062
-
-
income
25 011
24 812
-
-
total
25 011
24 812
-
-
Dividends
100 047
99 249
-
-
withholding
15 007
14 888
-
-
income
21 261
21 091
-
-
total
36 268
35 979
-
-
Income
219 500
219 500
219 500
219 500
Total tax
115 880
110 053
79 129
101 935
After tax
103 620
109 447
140 371
117 565
Living cost
39 841
39 841
39 841
39 841
Free-cash
63 779
69 606
100 530
77 724

Estimated living cost  is ₽39841 per week

₽28234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70668
₽80678
₽79800
₽69719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
58 039
pensions
-
-
-
9 280
health
-
-
-
5 357
other
-
-
-
9 975
unemployment
-
-
-
86
accident
-
-
-
172
national
-
-
-
26 754
total
-
-
-
109 663
Employee
55 812
-
192 528
-
municipal
16 643
-
57 412
-
national
-
-
26 228
-
total
16 643
-
83 640
-
Employer
55 812
-
192 528
-
pensions
6 033
-
9 280
-
other
6 485
-
9 975
-
unemployment
1 473
-
2 266
-
accident
112
-
172
-
health
3 432
-
5 279
-
total
17 535
-
26 972
-
Corporate
146 152
219 500
-
-
income
32 153
48 290
-
-
total
32 153
48 290
-
-
Dividends
113 998
171 210
-
-
withholding
34 200
51 363
-
-
total
34 200
51 363
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 531
99 653
110 612
109 663
After tax
118 969
119 847
108 888
109 837
Living cost
39 169
39 169
39 169
39 169
Free-cash
79 800
80 678
69 719
70 668

Estimated living cost  is ₽39169 per week

₽25960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69147
₽72134
₽85498
₽97981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
trade
-
-
-
28 834
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.

-
-
-
6 497
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.

-
-
-
4 048
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.

-
-
-
73 613
total
-
-
-
112 992
Employee

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

48 230
-
219 500
-
surtax

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

227
-
4 048
-
income

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

4 144
-
73 613
-
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.

6 497
-
6 497
-
total
10 868
-
84 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 270
219 500
-
-
trade
28 173
36 107
-
-
income
25 690
32 925
-
-
chamber of commerce
388
457
-
-
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.

1 413
1 810
-
-
total
55 664
71 299
-
-
Dividends
115 606
148 201
-
-
withholding
28 539
36 688
-
-
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.

1 570
2 018
-
-
total
30 109
38 706
-
-
Income
219 500
219 500
219 500
219 500
Total tax
96 641
110 005
84 158
112 992
After tax
122 859
109 495
135 342
106 508
Living cost
37 361
37 361
37 361
37 361
Free-cash
85 498
72 134
97 981
69 147

Estimated living cost  is ₽37361 per week

₽24988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116579
₽129108
₽125168
₽114788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
health
-
-
-
5 597
social contributions
-
-
-
15 388
income
-
-
-
51 089
total
-
-
-
72 074
Employee
73 132
73 132
207 475
-
social contributions
3 554
6 070
8 187
-
income
7 679
6 770
50 125
-
health
727
1 244
3 527
-
total
11 960
14 084
61 839
-
Employer
73 132
73 132
207 475
-
social contributions
3 554
6 070
8 187
-
health
792
1 354
3 839
-
total
4 346
7 424
12 026
-
Corporate
172 346
138 945
-
-
income
21 544
17 368
-
-
total
21 544
17 368
-
-
Dividends
150 802
121 577
-
-
withholding
25 635
20 669
-
-
total
25 635
20 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 485
59 545
73 865
72 074
After tax
156 015
159 955
145 635
147 426
Living cost
30 847
30 847
30 847
30 847
Free-cash
125 168
129 108
114 788
116 579

Estimated living cost  is ₽30847 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134614
₽105753
₽106114
₽109801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
21 950
health
-
-
-
15 365
unemployment
-
-
-
3 292
income
-
-
-
26 834
total
-
-
-
67 441
Employee

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

The minimum wage is 138,000 HUF per month.

25 182
10 022
183 682
-
pensions
2 518
1 002
18 368
-
unemployment
378
150
2 755
-
income
3 079
1 225
22 455
-
health
1 763
702
12 858
-
total
7 738
3 079
56 436
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 182
10 022
183 682
-
pensions
4 911
1 954
35 818
-
total
4 911
1 954
35 818
-
Corporate
189 407
207 524
-
-
income
17 047
18 677
-
-
total
17 047
18 677
-
-
Dividends
172 361
188 846
-
-
withholding
32 749
35 881
-
-
social contributions
33 496
36 711
-
-
total
66 245
72 592
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 941
96 302
92 254
67 441
After tax
123 559
123 198
127 246
152 059
Living cost
17 445
17 445
17 445
17 445
Free-cash
106 114
105 753
109 801
134 614

Estimated living cost  is ₽17445 per week

₽11905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94679
₽152628
₽146720
₽103546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
43 900
health
-
-
-
28 536
income
-
-
-
29 413
total
-
-
-
101 849
Employee
26 980
-
164 049
-
pensions
540
-
3 281
-
unemployment
431
-
2 624
-
income
3 037
-
31 629
-
total
4 008
-
37 534
-
Employer
26 980
-
164 049
-
pensions
5 396
-
32 810
-
unemployment
217
-
1 312
-
health
3 507
-
21 326
-
total
9 120
-
55 448
-
Corporate
183 400
219 500
-
-
income
36 681
43 900
-
-
total
36 681
43 900
-
-
Dividends
146 719
175 600
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
49 809
43 900
92 982
101 849
After tax
169 691
175 600
126 518
117 651
Living cost
22 972
22 972
22 972
22 972
Free-cash
146 720
152 628
103 546
94 679

Estimated living cost  is ₽22972 per week

₽15756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽128634
-₽3458
₽14523
₽99727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
62 904
total
-
-
-
69 628
Employee
33 409
-
200 599
-
pensions
3 762
-
7 365
-
income
4 583
-
49 300
-
health
3 825
-
22 969
-
total
12 170
-
79 634
-
Employer
33 409
-
200 599
-
pensions
5 433
-
10 636
-
unemployment
818
-
4 915
-
accident
558
-
3 350
-
total
6 809
-
18 901
-
Corporate
179 283
219 500
-
-
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.

161 354
197 550
-
-
total
161 354
197 550
-
-
Dividends
17 928
21 950
-
-
withholding
3 406
4 170
-
-
total
3 406
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
183 739
201 720
98 535
69 628
After tax
35 761
17 780
120 965
149 872
Living cost
21 238
21 238
21 238
21 238
Free-cash
14 523
-3 458
99 727
128 634

Estimated living cost  is ₽21238 per week

₽15566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209526
₽200746
₽199287
₽167821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
219 500
microenterprise

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

-
-
-
2 195
total
-
-
-
2 195
Employee
9 724
-
219 500
-
income
1 945
-
43 900
-
total
1 945
-
43 900
-
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%.

209 776
219 500
-
-
total
-
-
-
-
Dividends
209 776
219 500
-
-
withholding
10 489
10 975
-
-
total
10 489
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
12 434
10 975
43 900
2 195
After tax
207 066
208 525
175 600
217 305
Living cost
7 779
7 779
7 779
7 779
Free-cash
199 287
200 746
167 821
209 526

Estimated living cost  is ₽7779 per week

₽4821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107350
₽135924
₽129499
₽105548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions

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

-
-
-
34 710
health
-
-
-
6 364
other
-
-
-
6 869
income
-
-
-
38 865
total
-
-
-
86 808
Employee
34 532
-
182 751
-
pensions

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

2 417
-
10 123
-
unemployment
345
-
1 446
-
income
5 945
-
38 266
-
health
484
-
2 025
-
total
9 191
-
51 860
-
Employer
34 532
-
182 751
-
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.

5 871
-
24 587
-
other
1 727
-
7 230
-
unemployment
345
-
1 446
-
accident
276
-
1 462
-
health
484
-
2 025
-
total
8 703
-
36 750
-
Corporate
176 265
219 500
-
-
income
37 017
46 095
-
-
total
37 017
46 095
-
-
Dividends
139 249
173 405
-
-
withholding
9 748
12 139
-
-
total
9 748
12 139
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 659
58 234
88 610
86 808
After tax
154 841
161 266
130 890
132 692
Living cost
25 342
25 342
25 342
25 342
Free-cash
129 499
135 924
105 548
107 350

Estimated living cost  is ₽25342 per week

₽17905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78429
₽74813
₽82414
₽58857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
9 557
income
-
-
-
68 386
total
-
-
-
77 943
Employee
89 316
-
191 253
-
pensions
8 617
-
11 365
-
income
16 100
-
55 337
-
health
1 472
-
2 566
-
total
26 189
-
69 268
-
Employer
89 316
-
191 253
-
pensions
10 546
-
24 613
-
health
1 696
-
3 634
-
total
12 242
-
28 247
-
Corporate
117 942
219 500
-
-
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.

22 409
41 705
-
-
total
22 409
41 705
-
-
Dividends
95 532
177 795
-
-
withholding
13 118
39 854
-
-
total
13 118
39 854
-
-
Income
219 500
219 500
219 500
219 500
Total tax
73 958
81 559
97 515
77 943
After tax
145 542
137 941
121 985
141 557
Living cost
63 128
63 128
63 128
63 128
Free-cash
82 414
74 813
58 857
78 429

Estimated living cost  is ₽63128 per week

₽47303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽165235
₽175202
₽170783
₽174405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
32 925
total
-
-
-
41 795
Employee
16 511
-
212 982
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 450
-
2 917
-
income
1 651
-
21 298
-
health
759
-
1 528
-
total
4 042
-
26 108
-
Employer
16 511
-
212 982
-
pensions

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

1 820
-
3 661
-
unemployment
99
-
199
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
health
1 140
-
2 292
-
total
3 241
-
6 517
-
Corporate
199 749
219 500
-
-
income
19 975
21 950
-
-
total
19 975
21 950
-
-
Dividends
179 774
197 550
-
-
withholding
8 989
9 878
-
-
total
8 989
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
36 247
31 828
32 625
41 795
After tax
183 253
187 672
186 875
177 705
Living cost
12 470
12 470
12 470
12 470
Free-cash
170 783
175 202
174 405
165 235

Estimated living cost  is ₽12470 per week

₽7280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64828
₽56710
₽59104
₽87634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
11 143
health
-
-
-
11 728
income
-
-
-
79 064
total
-
-
-
101 935
Employee
88 175
81 216
201 826
-
pensions
11 143
11 143
11 143
-
income

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

13 294
13 294
38 584
-
health
11 000
10 603
11 728
-
total
35 437
35 040
61 455
-
Employer
88 175
81 216
201 826
-
pensions
6 136
5 653
7 026
-
unemployment
3 175
2 924
3 633
-
health
6 127
5 645
7 015
-
total
15 438
14 222
17 674
-
Corporate
115 887
124 062
-
-
income
23 177
24 812
-
-
total
23 177
24 812
-
-
Dividends
92 709
99 249
-
-
withholding
13 906
14 888
-
-
income
19 701
21 091
-
-
total
33 607
35 979
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 659
110 053
79 129
101 935
After tax
111 841
109 447
140 371
117 565
Living cost
52 737
52 737
52 737
52 737
Free-cash
59 104
56 710
87 634
64 828

Estimated living cost  is ₽52737 per week

₽38903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106083
₽127489
₽119057
₽96456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
health
-
-
-
29 633
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
2 756
income
-
-
-
23 378
total
-
-
-
89 780
Employee
34 760
-
174 660
-
social contributions
2 259
-
7 571
-
income
4 171
-
21 526
-
solidarity contribution
-
-
1 892
-
health
4 693
-
23 579
-
total
11 123
-
54 568
-
Employer
34 760
-
174 660
-
social contributions
8 690
-
29 120
-
health
3 128
-
15 719
-
total
11 818
-
44 839
-
Corporate
172 921
219 500
-
-
income
32 855
41 705
-
-
total
32 855
41 705
-
-
Dividends
140 066
177 795
-
-
withholding
21 010
26 669
-
-
total
21 010
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 806
68 374
99 407
89 780
After tax
142 694
151 126
120 093
129 720
Living cost
23 637
23 637
23 637
23 637
Free-cash
119 057
127 489
96 456
106 083

Estimated living cost  is ₽23637 per week

₽16418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66001
₽76980
₽72014
₽57939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 375
regional
-
-
-
2 802
social contributions
-
-
-
47 600
national
-
-
-
61 591
total
-
-
-
113 368
Employee
84 524
-
219 500
-
social contributions
28 502
-
62 405
-
municipal
448
-
1 256
-
regional
798
-
2 545
-
national
14 646
-
55 224
-
total
44 394
-
121 430
-
Employer
84 524
-
219 500
-
total
-
-
-
-
Corporate
134 976
219 500
-
-
nationa
32 394
52 681
-
-
municipal
5 265
8 560
-
-
total
37 659
61 241
-
-
Dividends
97 317
158 259
-
-
withholding
25 302
41 148
-
-
total
25 302
41 148
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 355
102 389
121 430
113 368
After tax
112 145
117 111
98 070
106 132
Living cost
40 131
40 131
40 131
40 131
Free-cash
72 014
76 980
57 939
66 001

Estimated living cost  is ₽40131 per week

₽27975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82198
₽117078
₽114119
₽76383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
25 386
health
-
-
-
9 011
surtax
-
-
-
11 859
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
69 842
total
-
-
-
116 315
Employee
31 451
-
192 782
-
surtax
103
-
10 721
-
pensions
2 097
-
8 466
-
other
-
-
-
-
unemployment
2 189
-
8 835
-
income
5 272
-
64 154
-
health
803
-
3 236
-
total
10 464
-
95 412
-
Employer
31 451
-
192 782
-
pensions
4 193
-
16 920
-
other
-
-
-
-
unemployment
996
-
4 023
-
health
1 431
-
5 775
-
total
6 620
-
26 718
-
Corporate
181 429
219 500
-
-
income
47 172
57 070
-
-
total
47 172
57 070
-
-
Dividends
134 257
162 430
-
-
withholding
20 138
24 365
-
-
total
20 138
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 394
81 435
122 130
116 315
After tax
135 106
138 065
97 370
103 185
Living cost
20 987
20 987
20 987
20 987
Free-cash
114 119
117 078
76 383
82 198

Estimated living cost  is ₽20987 per week

₽12832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98430
₽94814
₽101050
₽78858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
9 557
income
-
-
-
68 386
total
-
-
-
77 943
Employee
59 857
-
191 253
-
pensions
5 081
-
11 365
-
income
10 781
-
55 337
-
health
869
-
2 566
-
total
16 731
-
69 268
-
Employer
59 857
-
191 253
-
pensions
6 480
-
24 613
-
health
1 137
-
3 634
-
total
7 617
-
28 247
-
Corporate
152 026
219 500
-
-
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.

28 885
41 705
-
-
total
28 885
41 705
-
-
Dividends
123 141
177 795
-
-
withholding
22 090
39 854
-
-
total
22 090
39 854
-
-
Income
219 500
219 500
219 500
219 500
Total tax
75 323
81 559
97 515
77 943
After tax
144 177
137 941
121 985
141 557
Living cost
43 127
43 127
43 127
43 127
Free-cash
101 050
94 814
78 858
98 430

Estimated living cost  is ₽43127 per week

₽32311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
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.
₽7132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97962
₽23929
₽56636
₽89756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
regional
-
-
-
12 188
city
-
-
-
2 313
pensions
-
-
-
20 193
health
-
-
-
495
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.

-
-
-
4 390
national
-
-
-
5 516
total
-
-
-
45 095
Employee
89 458
-
197 448
-
regional
2 929
-
10 832
-
national
423
-
4 521
-
pensions
7 516
-
15 489
-
unemployment
-
-
-
-
city
960
-
2 134
-
health
202
-
444
-
total
12 030
-
33 420
-
Employer
89 458
-
197 448
-
pensions
7 516
-
15 489
-
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.

1 789
-
3 948
-
unemployment
-
-
-
-
health
202
-
444
-
total
9 507
-
19 881
-
Corporate
119 552
219 500
-
-
regional
25 286
46 423
-
-
national
10 162
18 658
-
-
total
35 448
65 081
-
-
Dividends
84 103
154 419
-
-
withholding
29 436
54 047
-
-
total
29 436
54 047
-
-
Income
219 500
219 500
219 500
219 500
Total tax
86 421
119 128
53 301
45 095
After tax
133 079
100 372
166 199
174 405
Living cost
76 443
76 443
76 443
76 443
Free-cash
56 636
23 929
89 756
97 962

Estimated living cost  is ₽76443 per week

₽49710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61713
₽64797
₽80218
₽91774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
trade
-
-
-
30 061
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.

-
-
-
6 497
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.

-
-
-
4 048
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.

-
-
-
73 613
total
-
-
-
114 219
Employee

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

57 157
-
219 500
-
surtax

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

370
-
4 048
-
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.

6 721
-
73 613
-
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.

6 497
-
6 497
-
total
13 588
-
84 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 343
219 500
-
-
trade
27 843
37 645
-
-
income
24 352
32 925
-
-
chamber of commerce
374
453
-
-
surtax

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

1 339
1 810
-
-
total
53 908
72 833
-
-
Dividends
108 435
146 667
-
-
withholding
26 747
36 306
-
-
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.

1 471
1 996
-
-
total
28 218
38 302
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 714
111 135
84 158
114 219
After tax
123 786
108 365
135 342
105 281
Living cost
43 568
43 568
43 568
43 568
Free-cash
80 218
64 797
91 774
61 713

Estimated living cost  is ₽43568 per week

₽31821
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.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87094
₽78090
₽83706
₽80311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
34 185
health
-
-
-
10 905
surtax
-
-
-
-
other
-
-
-
6 804
social contributions
-
-
-
6 254
income
-
-
-
41 719
total
-
-
-
99 867
Employee
40 704
-
167 186
-
social contributions
1 160
-
4 763
-
surtax
-
-
-
-
pensions
4 602
-
12 744
-
income
2 402
-
36 828
-
total
8 164
-
54 335
-
Employer
40 704
-
167 186
-
pensions
6 687
-
21 252
-
social contributions
123
-
502
-
other
1 404
-
6 998
-
unemployment
1 648
-
6 772
-
health
2 850
-
16 791
-
total
12 712
-
52 315
-
Corporate
166 085
219 500
-
-
income
46 504
61 459
-
-
surtax
-
-
-
-
total
46 504
61 459
-
-
Dividends
119 581
158 041
-
-
withholding
15 307
20 230
-
-
surtax
-
-
-
-
social contributions
20 568
27 182
-
-
total
35 875
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 255
108 871
106 650
99 867
After tax
116 245
110 629
112 850
119 633
Living cost
32 539
32 539
32 539
32 539
Free-cash
83 706
78 090
80 311
87 094

Estimated living cost  is ₽32539 per week

₽20517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90318
₽81314
₽86597
₽83535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
34 185
health
-
-
-
10 905
surtax
-
-
-
-
other
-
-
-
6 804
social contributions
-
-
-
6 254
income
-
-
-
41 719
total
-
-
-
99 867
Employee
36 334
-
167 186
-
social contributions
1 036
-
4 763
-
surtax
-
-
-
-
pensions
4 110
-
12 744
-
income
1 873
-
36 828
-
total
7 019
-
54 335
-
Employer
36 334
-
167 186
-
pensions
5 970
-
21 252
-
social contributions
108
-
502
-
other
1 254
-
6 998
-
unemployment
1 471
-
6 772
-
health
2 543
-
16 791
-
total
11 346
-
52 315
-
Corporate
171 819
219 500
-
-
income
48 109
61 459
-
-
surtax
-
-
-
-
total
48 109
61 459
-
-
Dividends
123 710
158 041
-
-
withholding
15 835
20 230
-
-
surtax
-
-
-
-
social contributions
21 279
27 182
-
-
total
37 114
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 588
108 871
106 650
99 867
After tax
115 912
110 629
112 850
119 633
Living cost
29 315
29 315
29 315
29 315
Free-cash
86 597
81 314
83 535
90 318

Estimated living cost  is ₽29315 per week

₽17001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120795
₽113747
₽114240
₽114742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
health
-
-
-
15 321
social contributions
-
-
-
30 292
income
-
-
-
32 925
total
-
-
-
78 538
Employee
32 246
-
219 500
-
social contributions
4 451
-
30 292
-
income
5 378
-
38 978
-
health
2 251
-
15 321
-
total
12 080
-
84 591
-
Employer
32 246
-
219 500
-
total
-
-
-
-
Corporate
187 254
219 500
-
-
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%.

9 363
10 975
-
-
total
9 363
10 975
-
-
Dividends
177 890
208 525
-
-
withholding
26 684
31 279
-
-
social contributions
24 549
28 776
-
-
health
12 417
14 556
-
-
total
63 650
74 611
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 093
85 586
84 591
78 538
After tax
134 407
133 914
134 909
140 962
Living cost
20 167
20 167
20 167
20 167
Free-cash
114 240
113 747
114 742
120 795

Estimated living cost  is ₽20167 per week

₽13496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78845
₽87440
₽85967
₽23975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
188
unemployment
-
-
-
5 833
income
-
-
-
71 191
chamber of commerce
-
-
-
877
total
-
-
-
107 143
Employee
47 529
37 901
182 150
-
pensions
4 868
3 880
11 378
-
other
475
379
1 112
-
unemployment
1 426
1 137
3 333
-
income
5 411
2 796
59 905
-
health
1 839
1 467
4 299
-
total
14 019
9 659
80 027
-
Employer
47 529
37 901
182 150
-
payroll
1 426
1 137
5 465
-
chamber of commerce
190
152
729
-
pensions
5 965
4 757
13 944
-
surtax
188
188
188
-
other
2 258
1 799
8 048
-
unemployment
1 426
1 137
3 333
-
accident
617
493
1 444
-
health
1 796
1 433
4 200
-
total
13 866
11 096
37 351
-
Corporate
158 106
170 503
178 540
-
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.

39 527
42 626
44 635
-
total
39 527
42 626
44 635
-
Dividends
118 579
127 877
-
-
withholding
32 609
35 167
-
-
total
32 609
35 167
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 021
98 548
162 013
107 143
After tax
119 479
120 952
57 487
112 357
Living cost
33 512
33 512
33 512
33 512
Free-cash
85 967
87 440
23 975
78 845

Estimated living cost  is ₽33512 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60821
₽85468
₽73711
₽39699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
social contributions
-
-
-
23 711
communal

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

-
-
-
11 747
national
-
-
-
88 544
total
-
-
-
124 002
Employee

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

68 030
-
170 009
-
national
20 915
-
64 544
-
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.

5 102
-
12 751
-
unemployment

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

592
-
1 480
-
communal

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

3 548
-
8 867
-
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.

3 196
-
7 990
-
total
33 353
-
95 632
-
Employer

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

68 030
-
170 009
-
pensions

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

6 028
-
15 063
-
surtax
7 714
-
19 279
-
unemployment

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

993
-
2 482
-
accident

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

884
-
2 211
-
health

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

4 184
-
10 457
-
total
19 803
-
49 492
-
Corporate
131 668
219 500
-
-
income
26 334
47 412
-
-
surtax
527
948
-
-
total
26 861
48 360
-
-
Dividends
104 807
171 140
-
-
withholding

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

31 095
50 995
-
-
total
31 095
50 995
-
-
Income
219 500
219 500
219 500
219 500
Total tax
111 112
99 355
145 124
124 002
After tax
108 388
120 145
74 376
95 498
Living cost
34 677
34 677
34 677
34 677
Free-cash
73 711
85 468
39 699
60 821

Estimated living cost  is ₽34677 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
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.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88255
₽111336
₽104821
₽84264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
70 453
total
-
-
-
96 898
Employee
47 341
-
191 397
-
pensions
2 225
-
4 144
-
other
47
-
88
-
unemployment
735
-
1 366
-
income
9 989
-
67 188
-
total
12 996
-
72 786
-
Employer
47 341
-
191 397
-
pensions
11 172
-
20 804
-
other
377
-
706
-
unemployment
2 604
-
4 848
-
accident
937
-
1 745
-
total
15 090
-
28 103
-
Corporate
157 069
219 500
-
-
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.

23 560
32 925
-
-
total
23 560
32 925
-
-
Dividends
133 509
186 575
-
-
withholding
28 686
40 892
-
-
total
28 686
40 892
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 332
73 817
100 889
96 898
After tax
139 168
145 683
118 611
122 602
Living cost
34 347
34 347
34 347
34 347
Free-cash
104 821
111 336
84 264
88 255

Estimated living cost  is ₽34347 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51020
₽72134
₽59056
₽59768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
32 900
health
-
-
-
15 422
surtax
-
-
-
10 881
accident
-
-
-
1 850
communal
-
-
-
13 872
income
-
-
-
41 871
total
-
-
-
116 796
Employee
72 023
-
196 068
-
surtax
4 415
-
12 016
-
pensions
5 761
-
15 686
-
income
6 957
-
48 188
-
health
3 205
-
8 726
-
total
20 338
-
84 616
-
Employer
72 023
-
196 068
-
pensions
5 761
-
15 686
-
accident
648
-
1 765
-
health
2 196
-
5 981
-
total
8 605
-
23 432
-
Corporate
138 872
219 500
-
-
communal
9 374
14 816
-
-
income
20 831
32 925
-
-
surtax
1 458
2 305
-
-
total
31 663
50 046
-
-
Dividends
107 208
169 454
-
-
withholding
16 081
25 419
-
-
income
32 073
20 217
-
-
total
48 154
45 636
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 760
95 682
108 048
116 796
After tax
110 740
123 818
111 452
102 704
Living cost
51 684
51 684
51 684
51 684
Free-cash
59 056
72 134
59 768
51 020

Estimated living cost  is ₽51684 per week

₽38771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81823
₽116703
₽113679
₽76008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
25 386
health
-
-
-
9 011
surtax
-
-
-
11 859
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
69 842
total
-
-
-
116 315
Employee
32 028
-
192 782
-
surtax
114
-
10 721
-
pensions
2 137
-
8 466
-
other
-
-
-
-
unemployment
2 229
-
8 835
-
income
5 369
-
64 154
-
health
818
-
3 236
-
total
10 667
-
95 412
-
Employer
32 028
-
192 782
-
pensions
4 270
-
16 920
-
other
-
-
-
-
unemployment
1 016
-
4 023
-
health
1 456
-
5 775
-
total
6 742
-
26 718
-
Corporate
180 729
219 500
-
-
income
46 990
57 070
-
-
total
46 990
57 070
-
-
Dividends
133 739
162 430
-
-
withholding
20 060
24 365
-
-
total
20 060
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 459
81 435
122 130
116 315
After tax
135 041
138 065
97 370
103 185
Living cost
21 362
21 362
21 362
21 362
Free-cash
113 679
116 703
76 008
81 823

Estimated living cost  is ₽21362 per week

₽12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79825
₽89754
₽87643
₽71808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 375
regional
-
-
-
3 490
social contributions
-
-
-
47 600
national
-
-
-
61 591
total
-
-
-
114 056
Employee
52 756
-
219 500
-
social contributions
17 790
-
62 405
-
municipal
280
-
1 256
-
regional
710
-
3 188
-
national
8 358
-
55 224
-
total
27 138
-
122 073
-
Employer
52 756
-
219 500
-
total
-
-
-
-
Corporate
166 744
219 500
-
-
nationa
40 018
52 681
-
-
municipal
8 288
10 908
-
-
total
48 306
63 589
-
-
Dividends
118 438
155 911
-
-
withholding
30 794
40 538
-
-
total
30 794
40 538
-
-
Income
219 500
219 500
219 500
219 500
Total tax
106 238
104 127
122 073
114 056
After tax
113 262
115 373
97 427
105 444
Living cost
25 619
25 619
25 619
25 619
Free-cash
87 643
89 754
71 808
79 825

Estimated living cost  is ₽25619 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽100593
₽121999
₽111608
₽90966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
health
-
-
-
29 633
social contributions
-
-
-
34 013
solidarity contribution
-
-
-
2 756
income
-
-
-
23 378
total
-
-
-
89 780
Employee
42 834
-
174 660
-
social contributions
2 784
-
7 571
-
income
5 140
-
21 526
-
solidarity contribution
-
-
1 892
-
health
5 783
-
23 579
-
total
13 707
-
54 568
-
Employer
42 834
-
174 660
-
social contributions
10 708
-
29 120
-
health
3 855
-
15 719
-
total
14 563
-
44 839
-
Corporate
162 103
219 500
-
-
income
30 800
41 705
-
-
total
30 800
41 705
-
-
Dividends
131 303
177 795
-
-
withholding
19 695
26 669
-
-
total
19 695
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 765
68 374
99 407
89 780
After tax
140 735
151 126
120 093
129 720
Living cost
29 127
29 127
29 127
29 127
Free-cash
111 608
121 999
90 966
100 593

Estimated living cost  is ₽29127 per week

₽21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82203
₽90713
₽90242
₽27193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
20 555
health
-
-
-
8 499
surtax
-
-
-
-
unemployment
-
-
-
5 833
income
-
-
-
71 191
chamber of commerce
-
-
-
877
total
-
-
-
106 955
Employee
41 573
37 901
182 325
-
pensions
4 258
3 880
11 378
-
other
415
379
1 112
-
unemployment
1 247
1 137
3 333
-
income
3 703
2 796
59 990
-
health
1 608
1 467
4 299
-
total
11 231
9 659
80 112
-
Employer
41 573
37 901
182 325
-
payroll
1 247
1 137
5 470
-
chamber of commerce
166
152
729
-
pensions
5 218
4 757
13 944
-
surtax
-
-
-
-
other
1 974
1 799
8 055
-
unemployment
1 247
1 137
3 333
-
accident
540
493
1 444
-
health
1 572
1 433
4 200
-
total
11 964
10 908
37 175
-
Corporate
165 963
170 691
178 715
-
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.

41 491
42 673
44 678
-
total
41 491
42 673
44 678
-
Dividends
124 472
128 018
-
-
withholding
34 230
35 205
-
-
total
34 230
35 205
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 916
98 445
161 965
106 955
After tax
120 584
121 055
57 535
112 545
Living cost
30 342
30 342
30 342
30 342
Free-cash
90 242
90 713
27 193
82 203

Estimated living cost  is ₽30342 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205182
₽196402
₽194129
₽163477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
219 500
microenterprise

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

-
-
-
2 195
total
-
-
-
2 195
Employee
15 153
-
219 500
-
income
3 031
-
43 900
-
total
3 031
-
43 900
-
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%.

204 347
219 500
-
-
total
-
-
-
-
Dividends
204 347
219 500
-
-
withholding
10 217
10 975
-
-
total
10 217
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
13 248
10 975
43 900
2 195
After tax
206 252
208 525
175 600
217 305
Living cost
12 123
12 123
12 123
12 123
Free-cash
194 129
196 402
163 477
205 182

Estimated living cost  is ₽12123 per week

₽8203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75813
₽125616
₽117662
₽71047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
pensions
-
-
-
40 087
health
-
-
-
21 598
unemployment
-
-
-
328
income
-
-
-
56 165
total
-
-
-
118 178
Employee

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

42 056
-
189 930
-
pensions
6 519
-
29 440
-
unemployment
60
-
265
-
income
7 252
-
51 400
-
health
2 716
-
12 269
-
total
16 547
-
93 374
-
Employer

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

42 056
-
189 930
-
pensions
3 722
-
16 808
-
unemployment
25
-
114
-
health
2 801
-
12 648
-
total
6 548
-
29 570
-
Corporate
170 896
219 500
-
-
income
32 470
41 705
-
-
total
32 470
41 705
-
-
Dividends
138 426
177 795
-
-
withholding
20 764
26 670
-
-
total
20 764
26 670
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 329
68 375
122 944
118 178
After tax
143 171
151 125
96 556
101 322
Living cost
25 509
25 509
25 509
25 509
Free-cash
117 662
125 616
71 047
75 813

Estimated living cost  is ₽25509 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110257
₽92109
₽46431
₽165432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
social contributions
-
-
-
25 023
income
-
-
-
42 785
total
-
-
-
67 808
Employee
59 412
-
-
-
social contributions
4 872
-
694
-
income
13 105
-
-
-
total
17 977
-
694
-
Employer
59 412
-
-
-
social contributions
83 771
-
11 939
-
total
83 771
-
11 939
-
Corporate
76 317
219 500
-
-
income
16 790
48 290
-
-
total
16 790
48 290
-
-
Dividends
59 527
171 210
-
-
income
13 096
37 666
-
-
total
13 096
37 666
-
-
Income
219 500
219 500
219 500
219 500
Total tax
131 634
85 956
12 633
67 808
After tax
87 866
133 544
206 867
151 692
Living cost
41 435
41 435
41 435
41 435
Free-cash
46 431
92 109
165 432
110 257

Estimated living cost  is ₽41435 per week

₽26885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
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.
₽10125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84385
₽95020
₽94062
₽67036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
income
-
-
-
29 006
total
-
-
-
105 283
Employee
43 741
-
177 374
-
social contributions
4 812
-
19 512
-
surtax
-
-
337
-
income
9 098
-
60 657
-
total
13 910
-
80 506
-
Employer
43 741
-
177 374
-
social contributions
10 388
-
42 126
-
total
10 388
-
42 126
-
Corporate
165 370
219 500
-
-
income
34 728
46 095
-
-
surtax
-
-
-
-
total
34 728
46 095
-
-
Dividends
130 642
173 405
-
-
withholding
36 580
48 553
-
-
total
36 580
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 606
94 648
122 632
105 283
After tax
123 894
124 852
96 868
114 217
Living cost
29 832
29 832
29 832
29 832
Free-cash
94 062
95 020
67 036
84 385

Estimated living cost  is ₽29832 per week

₽22320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73698
₽64694
₽71230
₽66915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
34 185
health
-
-
-
10 905
surtax
-
-
-
-
other
-
-
-
6 804
social contributions
-
-
-
6 254
income
-
-
-
41 719
total
-
-
-
99 867
Employee
59 566
-
167 186
-
social contributions
1 697
-
4 763
-
surtax
-
-
-
-
pensions
6 737
-
12 744
-
income
5 197
-
36 828
-
total
13 631
-
54 335
-
Employer
59 566
-
167 186
-
pensions
9 787
-
21 252
-
social contributions
179
-
502
-
other
2 056
-
6 998
-
unemployment
2 413
-
6 772
-
health
4 169
-
16 791
-
total
18 604
-
52 315
-
Corporate
141 330
219 500
-
-
income
39 572
61 459
-
-
surtax
-
-
-
-
total
39 572
61 459
-
-
Dividends
101 757
158 041
-
-
withholding
13 025
20 230
-
-
surtax
-
-
-
-
social contributions
17 503
27 182
-
-
total
30 528
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
102 335
108 871
106 650
99 867
After tax
117 165
110 629
112 850
119 633
Living cost
45 935
45 935
45 935
45 935
Free-cash
71 230
64 694
66 915
73 698

Estimated living cost  is ₽45935 per week

₽31088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131278
₽168962
₽165768
₽137111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
social contributions
-
-
-
48 289
income
-
-
-
11 345
total
-
-
-
59 634
Employee
30 575
-
190 044
-
social contributions
1 987
-
12 352
-
income
-
-
11 993
-
total
1 987
-
24 345
-
Employer
30 575
-
190 044
-
social contributions
4 739
-
29 456
-
total
4 739
-
29 456
-
Corporate
184 185
219 500
-
-
income
18 418
21 950
-
-
total
18 418
21 950
-
-
Dividends
165 767
197 550
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
25 144
21 950
53 801
59 634
After tax
194 356
197 550
165 699
159 866
Living cost
28 588
28 588
28 588
28 588
Free-cash
165 768
168 962
137 111
131 278

Estimated living cost  is ₽28588 per week

₽18485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80702
₽12583
₽7165
₽12583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
47 274
pensions
-
-
-
823
labour market
-
-
-
17 494
national
-
-
-
27 470
total
-
-
-
93 061
Employee
193 047
193 047
193 047
-
municipal
41 108
41 108
41 108
-
national
23 584
23 584
23 584
-
pensions
274
274
274
-
labour market
15 422
15 422
15 422
-
total
80 388
80 388
80 388
-
Employer
193 047
193 047
193 047
-
labour market
15 444
15 444
15 444
-
pensions
549
549
549
-
municipal
41 174
41 174
41 174
-
national
23 625
23 625
23 625
-
total
80 792
80 792
80 792
-
Corporate
12 583
-
-
-
income
2 768
-
-
-
total
2 768
-
-
-
Dividends
9 814
-
-
-
withholding
2 650
-
-
-
total
2 650
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
166 598
161 180
161 180
93 061
After tax
52 902
58 320
58 320
126 439
Living cost
45 737
45 737
45 737
45 737
Free-cash
7 165
12 583
12 583
80 702

Estimated living cost  is ₽45737 per week

₽31303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128947
-₽3145
₽14568
₽100040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
62 904
total
-
-
-
69 628
Employee
32 916
-
200 599
-
pensions
3 707
-
7 365
-
income
4 516
-
49 300
-
health
3 769
-
22 969
-
total
11 992
-
79 634
-
Employer
32 916
-
200 599
-
pensions
5 352
-
10 636
-
unemployment
807
-
4 915
-
accident
550
-
3 350
-
total
6 709
-
18 901
-
Corporate
179 875
219 500
-
-
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.

161 888
197 550
-
-
total
161 888
197 550
-
-
Dividends
17 988
21 950
-
-
withholding
3 418
4 170
-
-
total
3 418
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
184 007
201 720
98 535
69 628
After tax
35 493
17 780
120 965
149 872
Living cost
20 925
20 925
20 925
20 925
Free-cash
14 568
-3 145
100 040
128 947

Estimated living cost  is ₽20925 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97510
₽97800
₽100736
₽72369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
219 500
municipal
-
-
-
38 973
health
-
-
-
2 983
national
-
-
-
43 520
total
-
-
-
85 476
Employee
50 037
-
184 656
-
municipal
8 196
-
30 055
-
national
827
-
28 038
-
pensions
3 377
-
12 464
-
unemployment
751
-
2 770
-
health
374
-
2 447
-
total
13 525
-
75 774
-
Employer
50 037
-
184 656
-
pensions
8 681
-
32 037
-
unemployment
325
-
1 200
-
accident
51
-
184
-
health
384
-
1 422
-
total
9 441
-
34 843
-
Corporate
160 022
219 500
-
-
income
32 005
43 900
-
-
total
32 005
43 900
-
-
Dividends

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

96 013
131 700
-
-
municipal
17 283
23 706
-
-
national
9 996
17 580
-
-
total
27 279
41 286
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 250
85 186
110 617
85 476
After tax
137 250
134 314
108 883
134 024
Living cost
36 514
36 514
36 514
36 514
Free-cash
100 736
97 800
72 369
97 510

Estimated living cost  is ₽36514 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125406
₽137935
₽132761
₽123615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
health
-
-
-
5 597
social contributions
-
-
-
15 388
income
-
-
-
51 089
total
-
-
-
72 074
Employee
73 132
73 132
207 475
-
social contributions
2 765
6 070
8 187
-
income
7 963
6 770
50 125
-
health
567
1 244
3 527
-
total
11 295
14 084
61 839
-
Employer
73 132
73 132
207 475
-
social contributions
2 765
6 070
8 187
-
health
615
1 354
3 839
-
total
3 380
7 424
12 026
-
Corporate
182 806
138 945
-
-
income
22 851
17 368
-
-
total
22 851
17 368
-
-
Dividends
159 955
121 577
-
-
withholding
27 193
20 669
-
-
total
27 193
20 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 719
59 545
73 865
72 074
After tax
154 781
159 955
145 635
147 426
Living cost
22 020
22 020
22 020
22 020
Free-cash
132 761
137 935
123 615
125 406

Estimated living cost  is ₽22020 per week

₽13197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172119
₽166667
₽161831
₽153046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
219 500
pensions
-
-
-
6 050
health
-
-
-
3 442
unemployment
-
-
-
27
income
-
-
-
22 762
total
-
-
-
32 281
Employee

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

21 830
-
210 205
-
pensions
3 274
-
13 536
-
unemployment
108
-
451
-
income
1 493
-
20 403
-
health
1 855
-
7 670
-
total
6 730
-
42 060
-
Employer

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

21 830
-
210 205
-
pensions
1 200
-
4 963
-
unemployment
108
-
451
-
health
938
-
3 880
-
total
2 246
-
9 294
-
Corporate
195 423
219 500
-
-
income
17 588
19 755
-
-
total
17 588
19 755
-
-
Dividends
177 835
199 745
-
-
withholding
16 005
17 978
-
-
total
16 005
17 978
-
-
Income
219 500
219 500
219 500
219 500
Total tax
42 569
37 733
51 354
32 281
After tax
176 931
181 767
168 146
187 219
Living cost
15 100
15 100
15 100
15 100
Free-cash
161 831
166 667
153 046
172 119

Estimated living cost  is ₽15100 per week

₽9634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96449
₽119530
₽115330
₽92458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
70 453
total
-
-
-
96 898
Employee
35 166
-
191 397
-
pensions
1 653
-
4 144
-
other
34
-
88
-
unemployment
545
-
1 366
-
income
6 780
-
67 188
-
total
9 012
-
72 786
-
Employer
35 166
-
191 397
-
pensions
8 299
-
20 804
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 745
-
total
11 213
-
28 103
-
Corporate
173 122
219 500
-
-
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.

25 968
32 925
-
-
total
25 968
32 925
-
-
Dividends
147 155
186 575
-
-
withholding
31 824
40 892
-
-
total
31 824
40 892
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 017
73 817
100 889
96 898
After tax
141 483
145 683
118 611
122 602
Living cost
26 153
26 153
26 153
26 153
Free-cash
115 330
119 530
92 458
96 449

Estimated living cost  is ₽26153 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139733
₽135114
₽134811
₽139601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
1 352
health
-
-
-
980
income
-
-
-
75 581
total
-
-
-
77 913
Employee
2 823
-
217 979
-
pensions
254
-
608
-
unemployment
28
-
68
-
income
546
-
75 510
-
health
141
-
338
-
total
969
-
76 524
-
Employer
2 823
-
217 979
-
pensions
311
-
744
-
unemployment
56
-
135
-
health
268
-
642
-
total
635
-
1 521
-
Corporate
216 041
219 500
-
-
income
47 529
48 290
-
-
total
47 529
48 290
-
-
Dividends
168 512
171 210
-
-
withholding
33 702
34 242
-
-
total
33 702
34 242
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 835
82 532
78 045
77 913
After tax
136 665
136 968
141 455
141 587
Living cost
1 854
1 854
1 854
1 854
Free-cash
134 811
135 114
139 601
139 733

Estimated living cost  is ₽1854 per week

₽1102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125606
₽142152
₽137476
₽125605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
pensions
-
-
-
18 263
health
-
-
-
7 235
unemployment
-
-
-
1 054
income
-
-
-
50 905
total
-
-
-
77 457
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.

24 786
-
206 927
-
pensions
3 470
-
9 834
-
unemployment
186
-
527
-
income
3 417
-
50 905
-
health
1 276
-
3 618
-
total
8 349
-
64 884
-
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.

24 786
-
206 927
-
pensions
2 974
-
8 429
-
unemployment
186
-
527
-
health
1 276
-
3 618
-
total
4 436
-
12 574
-
Corporate
190 277
219 500
-
-
income
28 542
32 925
-
-
total
28 542
32 925
-
-
Dividends
161 735
186 575
-
-
withholding
24 260
27 986
-
-
total
24 260
27 986
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 587
60 911
77 458
77 457
After tax
153 913
158 589
142 042
142 043
Living cost
16 437
16 437
16 437
16 437
Free-cash
137 476
142 152
125 605
125 606

Estimated living cost  is ₽16437 per week

₽11067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88577
₽99212
₽98869
₽71228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
income
-
-
-
29 006
total
-
-
-
105 283
Employee
36 913
-
177 374
-
social contributions
4 061
-
19 512
-
surtax
-
-
337
-
income
7 212
-
60 657
-
total
11 273
-
80 506
-
Employer
36 913
-
177 374
-
social contributions
8 766
-
42 126
-
total
8 766
-
42 126
-
Corporate
173 821
219 500
-
-
income
36 502
46 095
-
-
surtax
-
-
-
-
total
36 502
46 095
-
-
Dividends
137 319
173 405
-
-
withholding
38 450
48 553
-
-
total
38 450
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 991
94 648
122 632
105 283
After tax
124 509
124 852
96 868
114 217
Living cost
25 640
25 640
25 640
25 640
Free-cash
98 869
99 212
71 228
88 577

Estimated living cost  is ₽25640 per week

₽18160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
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.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89178
₽112259
₽106037
₽85187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
24 946
other
-
-
-
88
unemployment
-
-
-
617
accident
-
-
-
794
income
-
-
-
70 453
total
-
-
-
96 898
Employee
45 932
-
191 397
-
pensions
2 159
-
4 144
-
other
45
-
88
-
unemployment
711
-
1 366
-
income
9 593
-
67 188
-
total
12 508
-
72 786
-
Employer
45 932
-
191 397
-
pensions
10 840
-
20 804
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 745
-
total
14 645
-
28 103
-
Corporate
158 924
219 500
-
-
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.

23 838
32 925
-
-
total
23 838
32 925
-
-
Dividends
135 086
186 575
-
-
withholding
29 048
40 892
-
-
total
29 048
40 892
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 039
73 817
100 889
96 898
After tax
139 461
145 683
118 611
122 602
Living cost
33 424
33 424
33 424
33 424
Free-cash
106 037
112 259
85 187
89 178

Estimated living cost  is ₽33424 per week

₽24004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161345
₽171312
₽165517
₽170514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions

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

-
-
-
4 917
health
-
-
-
3 820
unemployment
-
-
-
133
income
-
-
-
32 925
total
-
-
-
41 795
Employee
21 664
-
212 982
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 902
-
2 917
-
income
2 167
-
21 298
-
health
997
-
1 528
-
total
5 304
-
26 108
-
Employer
21 664
-
212 982
-
pensions

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

2 387
-
3 661
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
health
1 495
-
2 292
-
total
4 250
-
6 517
-
Corporate
193 586
219 500
-
-
income
19 358
21 950
-
-
total
19 358
21 950
-
-
Dividends
174 227
197 550
-
-
withholding
8 711
9 878
-
-
total
8 711
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
37 623
31 828
32 625
41 795
After tax
181 877
187 672
186 875
177 705
Living cost
16 361
16 361
16 361
16 361
Free-cash
165 517
171 312
170 514
161 345

Estimated living cost  is ₽16361 per week

₽10821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73470
₽76162
₽88604
₽98624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
trade
-
-
-
25 154
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.

-
-
-
6 497
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.

-
-
-
4 048
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.

-
-
-
73 613
total
-
-
-
109 312
Employee

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

47 321
-
219 500
-
surtax

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

215
-
4 048
-
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.

3 891
-
73 613
-
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.

6 497
-
6 497
-
total
10 603
-
84 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 179
219 500
-
-
trade
24 708
31 498
-
-
income
25 827
32 925
-
-
chamber of commerce
397
466
-
-
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.

1 420
1 810
-
-
total
52 352
66 699
-
-
Dividends
119 827
152 802
-
-
withholding
29 595
37 840
-
-
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.

1 628
2 081
-
-
total
31 223
39 921
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 178
106 620
84 158
109 312
After tax
125 322
112 880
135 342
110 188
Living cost
36 718
36 718
36 718
36 718
Free-cash
88 604
76 162
98 624
73 470

Estimated living cost  is ₽36718 per week

₽25329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55418
₽99473
₽101573
₽55418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
social contributions
-
-
-
37 826
income
-
-
-
72 080
total
-
-
-
109 906
Employee
74 394
-
219 500
-
social contributions
6 181
-
37 826
-
income
14 038
-
72 080
-
total
20 219
-
109 906
-
Employer
74 394
-
219 500
-
total
-
-
-
-
Corporate
145 106
219 500
-
-
income
18 138
27 437
-
-
total
18 138
27 437
-
-
Dividends
126 968
192 063
-
-
withholding
25 394
38 414
-
-
total
25 394
38 414
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 751
65 851
109 906
109 906
After tax
155 749
153 649
109 594
109 594
Living cost
54 176
54 176
54 176
54 176
Free-cash
101 573
99 473
55 418
55 418

Estimated living cost  is ₽54176 per week

₽41216
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146211
₽103126
₽106451
₽118373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
health

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

-
-
-
5 840
income
-
-
-
32 925
total
-
-
-
38 765
Employee
43 629
-
215 125
-
social contributions
4 371
-
4 375
-
income
4 734
-
57 853
-
total
9 105
-
62 228
-
Employer
43 629
-
215 125
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
171 500
219 500
-
-
income
60 024
76 825
-
-
total
60 024
76 825
-
-
Dividends
111 476
142 675
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 525
81 850
66 603
38 765
After tax
140 975
137 650
152 897
180 735
Living cost
34 524
34 524
34 524
34 524
Free-cash
106 451
103 126
118 373
146 211

Estimated living cost  is ₽34524 per week

₽22741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106496
₽102880
₽108470
₽86924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
9 557
income
-
-
-
68 386
total
-
-
-
77 943
Employee
48 126
-
191 253
-
pensions
3 673
-
11 365
-
income
8 764
-
55 337
-
health
628
-
2 566
-
total
13 065
-
69 268
-
Employer
48 126
-
191 253
-
pensions
4 862
-
24 613
-
health
915
-
3 634
-
total
5 777
-
28 247
-
Corporate
165 597
219 500
-
-
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.

31 463
41 705
-
-
total
31 463
41 705
-
-
Dividends
134 134
177 795
-
-
withholding
25 664
39 854
-
-
total
25 664
39 854
-
-
Income
219 500
219 500
219 500
219 500
Total tax
75 969
81 559
97 515
77 943
After tax
143 531
137 941
121 985
141 557
Living cost
35 061
35 061
35 061
35 061
Free-cash
108 470
102 880
86 924
106 496

Estimated living cost  is ₽35061 per week

₽24052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽126875
-₽5217
₽14252
₽97968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
pensions
-
-
-
4 017
health
-
-
-
2 105
other
-
-
-
358
accident
-
-
-
244
income
-
-
-
62 904
total
-
-
-
69 628
Employee
36 175
-
200 599
-
pensions
4 073
-
7 365
-
income
4 963
-
49 300
-
health
4 142
-
22 969
-
total
13 178
-
79 634
-
Employer
36 175
-
200 599
-
pensions
5 882
-
10 636
-
unemployment
886
-
4 915
-
accident
604
-
3 350
-
total
7 372
-
18 901
-
Corporate
175 953
219 500
-
-
income

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

158 358
197 550
-
-
total
158 358
197 550
-
-
Dividends
17 595
21 950
-
-
withholding
3 343
4 170
-
-
total
3 343
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
182 251
201 720
98 535
69 628
After tax
37 249
17 780
120 965
149 872
Living cost
22 997
22 997
22 997
22 997
Free-cash
14 252
-5 217
97 968
126 875

Estimated living cost  is ₽22997 per week

₽16877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127920
₽155089
₽152215
₽148806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
219 500
pensions
-
-
-
27 949
health insurance
-
-
-
11 240
work injury
-
-
-
759
unemployment
-
-
-
1 823
income
-
-
-
36 980
total
-
-
-
78 751
Employee

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

20 527
-
219 500
-
pensions
3 777
-
13 974
-
health insurance
1 519
-
5 620
-
unemployment
246
-
911
-
income
2 053
-
36 980
-
work injury
103
-
380
-
total
7 698
-
57 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 973
219 500
-
-
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%.

19 897
21 950
-
-
total
19 897
21 950
-
-
Dividends
179 076
197 550
-
-
withholding
26 861
29 632
-
-
total
26 861
29 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
54 456
51 582
57 865
78 751
After tax
165 044
167 918
161 635
140 749
Living cost
12 829
12 829
12 829
12 829
Free-cash
152 215
155 089
148 806
127 920

Estimated living cost  is ₽12829 per week

₽7948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65468
₽77728
₽73403
₽57656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 547
regional
-
-
-
5 406
social contributions
-
-
-
47 600
national
-
-
-
61 591
total
-
-
-
116 144
Employee
80 142
-
219 500
-
social contributions
27 023
-
62 405
-
municipal
478
-
1 413
-
regional
1 210
-
4 914
-
national
13 543
-
55 224
-
total
42 254
-
123 956
-
Employer
80 142
-
219 500
-
total
-
-
-
-
Corporate
139 358
219 500
-
-
nationa
33 447
52 681
-
-
municipal
6 717
10 580
-
-
total
40 164
63 261
-
-
Dividends
99 194
156 240
-
-
withholding
25 791
40 623
-
-
total
25 791
40 623
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 209
103 884
123 956
116 144
After tax
111 291
115 616
95 544
103 356
Living cost
37 888
37 888
37 888
37 888
Free-cash
73 403
77 728
57 656
65 468

Estimated living cost  is ₽37888 per week

₽26614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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