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
₽106534
₽81815
₽78927
₽92336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
73 614
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
trade
-
-
-
27 607
total
-
-
-
111 766
Employee

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

36 377
-
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
-
73 614
-
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
-
84 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 123
219 500
-
-
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
-
-
trade
28 841
34 572
-
-
income
27 468
32 926
-
-
total
58 228
69 768
-
-
Dividends
124 896
149 732
-
-
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
-
-
withholding
30 863
37 071
-
-
total
32 560
39 110
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 357
108 878
84 159
111 766
After tax
121 143
110 622
135 341
107 734
Living cost
28 807
28 807
28 807
28 807
Free-cash
92 336
81 815
106 534
78 927

Estimated living cost  is ₽28807 per week

₽18121
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
₽76188
₽86666
₽75008
₽85829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 360
pensions
-
-
-
26 340
national
-
-
-
41 127
municipal
-
-
-
24 363
total
-
-
-
94 190
Employee
77 978
-
189 756
-
municipal
9 632
-
25 212
-
national
14 925
-
42 988
-
pensions
3 119
-
7 590
-
total
27 676
-
75 790
-
Employer
77 978
-
189 756
-
pensions
6 238
-
15 180
-
social contributions
838
-
2 040
-
total
7 076
-
17 220
-
Corporate
129 299
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%.

25 860
43 900
-
-
total
25 860
43 900
-
-
Dividends
103 439
175 600
-
-
withholding
22 757
38 632
-
-
total
22 757
38 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
83 369
82 532
93 010
94 190
After tax
136 131
136 968
126 490
125 310
Living cost
50 302
50 302
50 302
50 302
Free-cash
85 829
86 666
76 188
75 008

Estimated living cost  is ₽50302 per week

₽34190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75938
₽155813
₽60424
₽148013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 440
income
-
-
-
46 877
surtax
-
-
-
55 973
microenterprise
-
-
-
-
total
-
-
-
139 290
Employee
27 791
-
173 148
-
surtax
-
-
25 107
-
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
-
income
4 947
-
39 850
-
total
8 004
-
77 425
-
Employer
27 791
-
173 148
-
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
185 015
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%.

37 003
43 901
-
-
total
37 003
43 901
-
-
Dividends

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

148 012
175 599
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
51 701
43 901
123 776
139 290
After tax
167 799
175 599
95 724
80 210
Living cost
19 786
19 786
19 786
19 786
Free-cash
148 013
155 813
75 938
60 424

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
₽100530
₽69607
₽77723
₽63779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 728
income
-
-
-
79 064
pensions
-
-
-
11 143
total
-
-
-
101 935
Employee
81 217
81 217
201 825
-
income

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

13 294
13 294
38 583
-
pensions
14 619
11 143
11 143
-
health
12 466
10 603
11 728
-
total
40 379
35 040
61 454
-
Employer
81 217
81 217
201 825
-
unemployment
2 924
2 924
3 633
-
health
5 646
5 646
7 015
-
pensions
5 653
5 653
7 026
-
total
14 223
14 223
17 674
-
Corporate
125 057
124 060
-
-
income
25 011
24 813
-
-
total
25 011
24 813
-
-
Dividends
100 045
99 248
-
-
income
21 259
21 089
-
-
withholding
15 007
14 886
-
-
total
36 266
35 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
115 879
110 051
79 128
101 935
After tax
103 621
109 449
140 372
117 565
Living cost
39 842
39 842
39 842
39 842
Free-cash
63 779
69 607
100 530
77 723

Estimated living cost  is ₽39842 per week

₽28235
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
₽69553
₽80457
₽70508
₽79573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 032
health
-
-
-
5 387
accident
-
-
-
173
pensions
-
-
-
9 332
national
-
-
-
26 595
unemployment
-
-
-
86
municipal
-
-
-
57 997
total
-
-
-
109 602
Employee
56 127
-
192 375
-
municipal
16 737
-
57 366
-
national
-
-
26 066
-
total
16 737
-
83 432
-
Employer
56 127
-
192 375
-
other
6 522
-
10 032
-
unemployment
1 482
-
2 279
-
health
3 452
-
5 309
-
accident
112
-
173
-
pensions
6 067
-
9 332
-
total
17 635
-
27 125
-
Corporate
145 737
219 500
-
-
income
32 062
48 290
-
-
total
32 062
48 290
-
-
Dividends
113 675
171 210
-
-
withholding
34 103
51 363
-
-
total
34 103
51 363
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 537
99 653
110 557
109 602
After tax
118 963
119 847
108 943
109 898
Living cost
39 390
39 390
39 390
39 390
Free-cash
79 573
80 457
69 553
70 508

Estimated living cost  is ₽39390 per week

₽26106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97979
₽72131
₽69145
₽85496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
73 614
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
trade
-
-
-
28 834
total
-
-
-
112 993
Employee

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

48 231
-
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
-
73 614
-
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
-
84 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 269
219 500
-
-
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
-
-
trade
28 173
36 107
-
-
income
25 690
32 926
-
-
total
55 664
71 300
-
-
Dividends
115 605
148 200
-
-
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
-
-
withholding
28 540
36 689
-
-
total
30 110
38 707
-
-
Income
219 500
219 500
219 500
219 500
Total tax
96 642
110 007
84 159
112 993
After tax
122 858
109 493
135 341
106 507
Living cost
37 362
37 362
37 362
37 362
Free-cash
85 496
72 131
97 979
69 145

Estimated living cost  is ₽37362 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
₽114786
₽129109
₽116578
₽125167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
5 597
income
-
-
-
51 089
total
-
-
-
72 074
Employee
73 133
73 133
207 474
-
social contributions
3 554
6 070
8 187
-
income
7 680
6 770
50 126
-
health
727
1 244
3 527
-
total
11 961
14 084
61 840
-
Employer
73 133
73 133
207 474
-
health
792
1 354
3 839
-
social contributions
3 554
6 070
8 187
-
total
4 346
7 424
12 026
-
Corporate
172 345
138 944
-
-
income
21 542
17 368
-
-
total
21 542
17 368
-
-
Dividends
150 803
121 576
-
-
withholding
25 636
20 667
-
-
total
25 636
20 667
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 485
59 543
73 866
72 074
After tax
156 015
159 957
145 634
147 426
Living cost
30 848
30 848
30 848
30 848
Free-cash
125 167
129 109
114 786
116 578

Estimated living cost  is ₽30848 per week

₽21088
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
₽109697
₽105651
₽134509
₽106016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 365
income
-
-
-
26 834
pensions
-
-
-
21 950
unemployment
-
-
-
3 293
total
-
-
-
67 442
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.

25 332
10 082
183 682
-
income
3 097
1 232
22 455
-
pensions
2 533
1 008
18 368
-
health
1 773
706
12 858
-
unemployment
380
151
2 755
-
total
7 783
3 097
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.

25 332
10 082
183 682
-
pensions
4 940
1 966
35 818
-
total
4 940
1 966
35 818
-
Corporate
189 228
207 452
-
-
income
17 031
18 671
-
-
total
17 031
18 671
-
-
Dividends
172 198
188 782
-
-
social contributions
33 463
36 697
-
-
withholding
32 718
35 869
-
-
total
66 181
72 566
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 935
96 300
92 254
67 442
After tax
123 565
123 200
127 246
152 058
Living cost
17 549
17 549
17 549
17 549
Free-cash
106 016
105 651
109 697
134 509

Estimated living cost  is ₽17549 per week

₽11975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103545
₽152627
₽94680
₽146719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 534
income
-
-
-
29 413
pensions
-
-
-
43 901
total
-
-
-
101 848
Employee
26 980
-
164 052
-
income
3 038
-
31 630
-
pensions
540
-
3 281
-
unemployment
431
-
2 624
-
total
4 009
-
37 535
-
Employer
26 980
-
164 052
-
unemployment
217
-
1 312
-
health
3 507
-
21 326
-
pensions
5 396
-
32 810
-
total
9 120
-
55 448
-
Corporate
183 400
219 500
-
-
income
36 680
43 901
-
-
total
36 680
43 901
-
-
Dividends
146 720
175 599
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
49 809
43 901
92 983
101 848
After tax
169 691
175 599
126 517
117 652
Living cost
22 972
22 972
22 972
22 972
Free-cash
146 719
152 627
103 545
94 680

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
₽99940
-₽3291
₽128796
₽14548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
62 962
pensions
-
-
-
3 985
total
-
-
-
69 633
Employee
33 145
-
200 680
-
income
4 547
-
49 383
-
pensions
3 732
-
7 307
-
health
3 795
-
22 978
-
total
12 074
-
79 668
-
Employer
33 145
-
200 680
-
unemployment
812
-
4 917
-
accident
553
-
3 352
-
pensions
5 390
-
10 552
-
total
6 755
-
18 821
-
Corporate
179 600
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.

161 640
197 550
-
-
total
161 640
197 550
-
-
Dividends
17 960
21 950
-
-
withholding
3 412
4 170
-
-
total
3 412
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
183 881
201 720
98 489
69 633
After tax
35 619
17 780
121 011
149 867
Living cost
21 071
21 071
21 071
21 071
Free-cash
14 548
-3 291
99 940
128 796

Estimated living cost  is ₽21071 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167699
₽200624
₽209404
₽199143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 875
-
219 500
-
income
1 975
-
43 900
-
total
1 975
-
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%.

209 625
219 500
-
-
total
-
-
-
-
Dividends
209 625
219 500
-
-
withholding
10 481
10 975
-
-
total
10 481
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
12 456
10 975
43 900
2 195
After tax
207 044
208 525
175 600
217 305
Living cost
7 901
7 901
7 901
7 901
Free-cash
199 143
200 624
167 699
209 404

Estimated living cost  is ₽7901 per week

₽4896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105550
₽135925
₽107349
₽129501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 869
health
-
-
-
6 364
income
-
-
-
38 865
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.

-
-
-
34 711
total
-
-
-
86 809
Employee
34 532
-
182 750
-
income
5 945
-
38 264
-
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
-
health
484
-
2 025
-
unemployment
345
-
1 446
-
total
9 191
-
51 858
-
Employer
34 532
-
182 750
-
other
1 727
-
7 230
-
unemployment
345
-
1 446
-
health
484
-
2 025
-
accident
276
-
1 462
-
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
-
total
8 703
-
36 750
-
Corporate
176 265
219 500
-
-
income
37 015
46 095
-
-
total
37 015
46 095
-
-
Dividends
139 249
173 405
-
-
withholding
9 748
12 138
-
-
total
9 748
12 138
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 657
58 233
88 608
86 809
After tax
154 843
161 267
130 892
132 691
Living cost
25 342
25 342
25 342
25 342
Free-cash
129 501
135 925
105 550
107 349

Estimated living cost  is ₽25342 per week

₽17906
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
₽58674
₽74653
₽78250
₽82281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
68 323
pensions
-
-
-
9 576
total
-
-
-
77 899
Employee
89 632
-
191 258
-
income
16 157
-
55 272
-
health
1 477
-
2 568
-
pensions
8 647
-
11 393
-
total
26 281
-
69 233
-
Employer
89 632
-
191 258
-
health
1 702
-
3 634
-
pensions
10 583
-
24 608
-
total
12 285
-
28 242
-
Corporate
117 583
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.

22 340
41 706
-
-
total
22 340
41 706
-
-
Dividends
95 243
177 794
-
-
withholding
12 962
39 790
-
-
total
12 962
39 790
-
-
Income
219 500
219 500
219 500
219 500
Total tax
73 868
81 496
97 475
77 899
After tax
145 632
138 004
122 025
141 601
Living cost
63 351
63 351
63 351
63 351
Free-cash
82 281
74 653
58 674
78 250

Estimated living cost  is ₽63351 per week

₽47470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽174586
₽175301
₽165404
₽170920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 790
income
-
-
-
32 925
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
41 725
Employee
16 381
-
213 034
-
income
1 638
-
21 303
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
health
753
-
1 516
-
total
4 009
-
26 076
-
Employer
16 381
-
213 034
-
unemployment
98
-
198
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
total
3 214
-
6 467
-
Corporate
199 904
219 500
-
-
income
19 990
21 950
-
-
total
19 990
21 950
-
-
Dividends
179 914
197 550
-
-
withholding
8 996
9 878
-
-
total
8 996
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
36 209
31 828
32 543
41 725
After tax
183 291
187 672
186 957
177 775
Living cost
12 371
12 371
12 371
12 371
Free-cash
170 920
175 301
174 586
165 404

Estimated living cost  is ₽12371 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87634
₽56711
₽64827
₽59103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 728
income
-
-
-
79 064
pensions
-
-
-
11 143
total
-
-
-
101 935
Employee
88 176
81 217
201 825
-
income

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

13 294
13 294
38 583
-
pensions
11 143
11 143
11 143
-
health
11 000
10 603
11 728
-
total
35 437
35 040
61 454
-
Employer
88 176
81 217
201 825
-
unemployment
3 175
2 924
3 633
-
health
6 127
5 646
7 015
-
pensions
6 136
5 653
7 026
-
total
15 438
14 223
17 674
-
Corporate
115 885
124 060
-
-
income
23 178
24 813
-
-
total
23 178
24 813
-
-
Dividends
92 708
99 248
-
-
income
19 700
21 089
-
-
withholding
13 906
14 886
-
-
total
33 606
35 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 659
110 051
79 128
101 935
After tax
111 841
109 449
140 372
117 565
Living cost
52 738
52 738
52 738
52 738
Free-cash
59 103
56 711
87 634
64 827

Estimated living cost  is ₽52738 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.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96758
₽127671
₽106407
₽119304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 750
health
-
-
-
29 633
income
-
-
-
23 418
solidarity contribution
-
-
-
2 837
total
-
-
-
89 638
Employee
34 492
-
174 866
-
social contributions
2 242
-
7 513
-
solidarity contribution
-
-
1 971
-
income
4 139
-
21 562
-
health
4 656
-
23 607
-
total
11 037
-
54 653
-
Employer
34 492
-
174 866
-
health
3 104
-
15 738
-
social contributions
8 623
-
28 896
-
total
11 727
-
44 634
-
Corporate
173 280
219 500
-
-
income
32 923
41 705
-
-
total
32 923
41 705
-
-
Dividends
140 357
177 795
-
-
withholding
21 054
26 669
-
-
total
21 054
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 741
68 374
99 287
89 638
After tax
142 759
151 126
120 213
129 862
Living cost
23 455
23 455
23 455
23 455
Free-cash
119 304
127 671
96 758
106 407

Estimated living cost  is ₽23455 per week

₽16292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57937
₽76981
₽66000
₽72014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
61 590
regional
-
-
-
2 802
municipal
-
-
-
1 375
total
-
-
-
113 368
Employee
84 525
-
219 500
-
social contributions
28 502
-
62 406
-
municipal
448
-
1 256
-
national
14 646
-
55 224
-
regional
798
-
2 545
-
total
44 394
-
121 431
-
Employer
84 525
-
219 500
-
total
-
-
-
-
Corporate
134 975
219 500
-
-
nationa
32 393
52 679
-
-
municipal
5 265
8 560
-
-
total
37 658
61 239
-
-
Dividends
97 317
158 260
-
-
withholding
25 302
41 148
-
-
total
25 302
41 148
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 354
102 387
121 431
113 368
After tax
112 146
117 113
98 069
106 132
Living cost
40 132
40 132
40 132
40 132
Free-cash
72 014
76 981
57 937
66 000

Estimated living cost  is ₽40132 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
₽76382
₽117077
₽82194
₽114120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 012
income
-
-
-
69 843
pensions
-
-
-
25 387
surtax
-
-
-
11 860
unemployment
-
-
-
217
total
-
-
-
116 319
Employee
31 451
-
192 781
-
surtax
103
-
10 721
-
income
5 272
-
64 155
-
other
-
-
-
-
pensions
2 097
-
8 466
-
health
803
-
3 236
-
unemployment
2 189
-
8 835
-
total
10 464
-
95 413
-
Employer
31 451
-
192 781
-
other
-
-
-
-
unemployment
996
-
4 023
-
health
1 431
-
5 775
-
pensions
4 193
-
16 920
-
total
6 620
-
26 718
-
Corporate
181 429
219 500
-
-
income
47 171
57 071
-
-
total
47 171
57 071
-
-
Dividends
134 257
162 429
-
-
withholding
20 138
24 365
-
-
total
20 138
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 393
81 436
122 131
116 319
After tax
135 107
138 064
97 369
103 181
Living cost
20 987
20 987
20 987
20 987
Free-cash
114 120
117 077
76 382
82 194

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
₽78746
₽94725
₽98322
₽100982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
68 323
pensions
-
-
-
9 576
total
-
-
-
77 899
Employee
60 069
-
191 258
-
income
10 819
-
55 272
-
health
872
-
2 568
-
pensions
5 098
-
11 393
-
total
16 789
-
69 233
-
Employer
60 069
-
191 258
-
health
1 141
-
3 634
-
pensions
6 502
-
24 608
-
total
7 643
-
28 242
-
Corporate
151 788
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.

28 841
41 706
-
-
total
28 841
41 706
-
-
Dividends
122 947
177 794
-
-
withholding
21 966
39 790
-
-
total
21 966
39 790
-
-
Income
219 500
219 500
219 500
219 500
Total tax
75 239
81 496
97 475
77 899
After tax
144 261
138 004
122 025
141 601
Living cost
43 280
43 280
43 280
43 280
Free-cash
100 982
94 725
78 746
98 322

Estimated living cost  is ₽43280 per week

₽32425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽89556
₽23723
₽97787
₽56516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
494
pensions
-
-
-
20 195
city
-
-
-
2 313
national
-
-
-
5 496
regional
-
-
-
12 174
total
-
-
-
45 062
Employee
89 701
-
197 431
-
national
425
-
4 500
-
city
963
-
2 134
-
pensions
7 536
-
15 503
-
health
203
-
445
-
regional
2 937
-
10 814
-
unemployment
-
-
-
-
total
12 064
-
33 396
-
Employer
89 701
-
197 431
-
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.

1 793
-
3 949
-
unemployment
-
-
-
-
health
203
-
445
-
pensions
7 536
-
15 503
-
total
9 532
-
19 897
-
Corporate
119 280
219 500
-
-
regional
25 229
46 423
-
-
national
10 139
18 657
-
-
total
35 368
65 080
-
-
Dividends
83 913
154 419
-
-
withholding
29 369
54 046
-
-
total
29 369
54 046
-
-
Income
219 500
219 500
219 500
219 500
Total tax
86 333
119 126
53 293
45 062
After tax
133 167
100 374
166 207
174 438
Living cost
76 651
76 651
76 651
76 651
Free-cash
56 516
23 723
89 556
97 787

Estimated living cost  is ₽76651 per week

₽49845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91772
₽64797
₽61711
₽80219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
73 614
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
trade
-
-
-
30 061
total
-
-
-
114 220
Employee

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

57 158
-
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
-
73 614
-
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
-
84 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 342
219 500
-
-
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
-
-
trade
27 841
37 643
-
-
income
24 351
32 926
-
-
total
53 905
72 832
-
-
Dividends
108 438
146 668
-
-
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
-
-
withholding
26 748
36 306
-
-
total
28 219
38 302
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 712
111 134
84 159
114 220
After tax
123 788
108 366
135 341
105 280
Living cost
43 569
43 569
43 569
43 569
Free-cash
80 219
64 797
91 772
61 711

Estimated living cost  is ₽43569 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
₽80311
₽78089
₽87094
₽83706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 804
social contributions
-
-
-
6 254
health
-
-
-
10 905
income
-
-
-
41 718
pensions
-
-
-
34 186
surtax
-
-
-
-
total
-
-
-
99 867
Employee
40 704
-
167 185
-
surtax
-
-
-
-
social contributions
1 161
-
4 763
-
income
2 402
-
36 827
-
pensions
4 602
-
12 744
-
total
8 165
-
54 334
-
Employer
40 704
-
167 185
-
other
1 404
-
6 998
-
unemployment
1 648
-
6 772
-
health
2 850
-
16 791
-
pensions
6 687
-
21 253
-
social contributions
123
-
502
-
total
12 712
-
52 316
-
Corporate
166 084
219 500
-
-
surtax
-
-
-
-
income
46 503
61 460
-
-
total
46 503
61 460
-
-
Dividends
119 581
158 040
-
-
social contributions
20 568
27 183
-
-
surtax
-
-
-
-
withholding
15 307
20 229
-
-
total
35 875
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 255
108 872
106 650
99 867
After tax
116 245
110 628
112 850
119 633
Living cost
32 539
32 539
32 539
32 539
Free-cash
83 706
78 089
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
₽83535
₽81313
₽90318
₽86595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 804
social contributions
-
-
-
6 254
health
-
-
-
10 905
income
-
-
-
41 718
pensions
-
-
-
34 186
surtax
-
-
-
-
total
-
-
-
99 867
Employee
36 334
-
167 185
-
surtax
-
-
-
-
social contributions
1 036
-
4 763
-
income
1 873
-
36 827
-
pensions
4 110
-
12 744
-
total
7 019
-
54 334
-
Employer
36 334
-
167 185
-
other
1 254
-
6 998
-
unemployment
1 471
-
6 772
-
health
2 543
-
16 791
-
pensions
5 970
-
21 253
-
social contributions
108
-
502
-
total
11 346
-
52 316
-
Corporate
171 819
219 500
-
-
surtax
-
-
-
-
income
48 110
61 460
-
-
total
48 110
61 460
-
-
Dividends
123 709
158 040
-
-
social contributions
21 279
27 183
-
-
surtax
-
-
-
-
withholding
15 836
20 229
-
-
total
37 115
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 590
108 872
106 650
99 867
After tax
115 910
110 628
112 850
119 633
Living cost
29 315
29 315
29 315
29 315
Free-cash
86 595
81 313
83 535
90 318

Estimated living cost  is ₽29315 per week

₽17002
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.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114742
₽113748
₽120795
₽114241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 291
health
-
-
-
15 321
income
-
-
-
32 926
total
-
-
-
78 538
Employee
32 247
-
219 500
-
social contributions
4 451
-
30 291
-
income
5 378
-
38 979
-
health
2 251
-
15 321
-
total
12 080
-
84 591
-
Employer
32 247
-
219 500
-
total
-
-
-
-
Corporate
187 253
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
-
-
social contributions
24 549
28 776
-
-
withholding
26 683
31 280
-
-
health
12 417
14 554
-
-
total
63 649
74 610
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 092
85 585
84 591
78 538
After tax
134 408
133 915
134 909
140 962
Living cost
20 167
20 167
20 167
20 167
Free-cash
114 241
113 748
114 742
120 795

Estimated living cost  is ₽20167 per week

₽13497
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
₽23974
₽87440
₽78846
₽85967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 499
income
-
-
-
71 190
chamber of commerce
-
-
-
877
pensions
-
-
-
20 555
surtax
-
-
-
188
unemployment
-
-
-
5 833
total
-
-
-
107 142
Employee
47 530
37 901
182 149
-
income
5 411
2 796
59 904
-
other
475
379
1 112
-
pensions
4 868
3 880
11 378
-
health
1 839
1 467
4 299
-
unemployment
1 426
1 137
3 334
-
total
14 019
9 659
80 027
-
Employer
47 530
37 901
182 149
-
other
2 258
1 799
8 048
-
unemployment
1 426
1 137
3 334
-
health
1 796
1 433
4 200
-
surtax
188
188
188
-
accident
617
493
1 444
-
pensions
5 965
4 758
13 944
-
payroll
1 426
1 137
5 465
-
chamber of commerce
190
152
729
-
total
13 866
11 097
37 352
-
Corporate
158 105
170 502
178 539
-
income

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

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

39 526
42 625
44 635
-
total
39 526
42 625
44 635
-
Dividends
118 579
127 878
-
-
withholding
32 610
35 167
-
-
total
32 610
35 167
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 021
98 548
162 014
107 142
After tax
119 479
120 952
57 486
112 358
Living cost
33 512
33 512
33 512
33 512
Free-cash
85 967
87 440
23 974
78 846

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
₽39702
₽85468
₽60820
₽73712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 712
communal

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

-
-
-
11 748
national
-
-
-
88 543
total
-
-
-
124 003
Employee

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

68 031
-
170 010
-
national
20 915
-
64 543
-
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
-
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
-
communal

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

3 548
-
8 867
-
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
-
total
33 353
-
95 631
-
Employer

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

68 031
-
170 010
-
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
-
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
-
10 455
-
surtax
7 714
-
19 279
-
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
-
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
-
total
19 803
-
49 490
-
Corporate
131 667
219 500
-
-
surtax
527
948
-
-
income
26 333
47 411
-
-
total
26 860
48 359
-
-
Dividends
104 807
171 141
-
-
withholding

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

31 095
50 996
-
-
total
31 095
50 996
-
-
Income
219 500
219 500
219 500
219 500
Total tax
111 111
99 355
145 121
124 003
After tax
108 389
120 145
74 379
95 497
Living cost
34 677
34 677
34 677
34 677
Free-cash
73 712
85 468
39 702
60 820

Estimated living cost  is ₽34677 per week

₽22337
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
₽84264
₽111337
₽88255
₽104821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 453
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
96 898
Employee
47 342
-
191 397
-
income
9 989
-
67 188
-
other
47
-
88
-
pensions
2 225
-
4 144
-
unemployment
735
-
1 366
-
total
12 996
-
72 786
-
Employer
47 342
-
191 397
-
other
377
-
706
-
unemployment
2 604
-
4 848
-
accident
937
-
1 745
-
pensions
11 172
-
20 804
-
total
15 090
-
28 103
-
Corporate
157 068
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
32 926
-
-
total
23 560
32 926
-
-
Dividends
133 508
186 574
-
-
withholding
28 686
40 890
-
-
total
28 686
40 890
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 332
73 816
100 889
96 898
After tax
139 168
145 684
118 611
122 602
Living cost
34 347
34 347
34 347
34 347
Free-cash
104 821
111 337
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.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽59766
₽72134
₽51020
₽59056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 422
accident
-
-
-
1 850
income
-
-
-
41 870
pensions
-
-
-
32 900
communal
-
-
-
13 872
surtax
-
-
-
10 881
total
-
-
-
116 795
Employee
72 024
-
196 068
-
surtax
4 415
-
12 017
-
income
6 957
-
48 188
-
pensions
5 761
-
15 686
-
health
3 205
-
8 726
-
total
20 338
-
84 617
-
Employer
72 024
-
196 068
-
health
2 196
-
5 981
-
accident
648
-
1 765
-
pensions
5 761
-
15 686
-
total
8 605
-
23 432
-
Corporate
138 871
219 500
-
-
surtax
1 458
2 305
-
-
income
20 831
32 926
-
-
communal
9 374
14 816
-
-
total
31 663
50 047
-
-
Dividends
107 207
169 454
-
-
income
32 072
20 217
-
-
withholding
16 081
25 417
-
-
total
48 153
45 634
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 759
95 681
108 049
116 795
After tax
110 741
123 819
111 451
102 705
Living cost
51 685
51 685
51 685
51 685
Free-cash
59 056
72 134
59 766
51 020

Estimated living cost  is ₽51685 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.
₽9234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76007
₽116702
₽81819
₽113678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
9 012
income
-
-
-
69 843
pensions
-
-
-
25 387
surtax
-
-
-
11 860
unemployment
-
-
-
217
total
-
-
-
116 319
Employee
32 029
-
192 781
-
surtax
114
-
10 721
-
income
5 369
-
64 155
-
other
-
-
-
-
pensions
2 137
-
8 466
-
health
818
-
3 236
-
unemployment
2 229
-
8 835
-
total
10 667
-
95 413
-
Employer
32 029
-
192 781
-
other
-
-
-
-
unemployment
1 016
-
4 023
-
health
1 457
-
5 775
-
pensions
4 270
-
16 920
-
total
6 743
-
26 718
-
Corporate
180 728
219 500
-
-
income
46 989
57 071
-
-
total
46 989
57 071
-
-
Dividends
133 740
162 429
-
-
withholding
20 061
24 365
-
-
total
20 061
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 460
81 436
122 131
116 319
After tax
135 040
138 064
97 369
103 181
Living cost
21 362
21 362
21 362
21 362
Free-cash
113 678
116 702
76 007
81 819

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
₽71806
₽89756
₽79824
₽87641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
61 590
regional
-
-
-
3 490
municipal
-
-
-
1 375
total
-
-
-
114 056
Employee
52 757
-
219 500
-
social contributions
17 790
-
62 406
-
municipal
280
-
1 256
-
national
8 358
-
55 224
-
regional
710
-
3 188
-
total
27 138
-
122 074
-
Employer
52 757
-
219 500
-
total
-
-
-
-
Corporate
166 743
219 500
-
-
nationa
40 019
52 679
-
-
municipal
8 288
10 908
-
-
total
48 307
63 587
-
-
Dividends
118 436
155 912
-
-
withholding
30 794
40 537
-
-
total
30 794
40 537
-
-
Income
219 500
219 500
219 500
219 500
Total tax
106 239
104 124
122 074
114 056
After tax
113 261
115 376
97 426
105 444
Living cost
25 620
25 620
25 620
25 620
Free-cash
87 641
89 756
71 806
79 824

Estimated living cost  is ₽25620 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
₽91311
₽122224
₽100960
₽111913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 750
health
-
-
-
29 633
income
-
-
-
23 418
solidarity contribution
-
-
-
2 837
total
-
-
-
89 638
Employee
42 503
-
174 866
-
social contributions
2 763
-
7 513
-
solidarity contribution
-
-
1 971
-
income
5 100
-
21 562
-
health
5 738
-
23 607
-
total
13 601
-
54 653
-
Employer
42 503
-
174 866
-
health
3 825
-
15 738
-
social contributions
10 626
-
28 896
-
total
14 451
-
44 634
-
Corporate
162 545
219 500
-
-
income
30 884
41 705
-
-
total
30 884
41 705
-
-
Dividends
131 662
177 795
-
-
withholding
19 749
26 669
-
-
total
19 749
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 685
68 374
99 287
89 638
After tax
140 815
151 126
120 213
129 862
Living cost
28 902
28 902
28 902
28 902
Free-cash
111 913
122 224
91 311
100 960

Estimated living cost  is ₽28902 per week

₽21494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27191
₽90713
₽82204
₽90242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 499
income
-
-
-
71 190
chamber of commerce
-
-
-
877
pensions
-
-
-
20 555
surtax
-
-
-
-
unemployment
-
-
-
5 833
total
-
-
-
106 954
Employee
41 574
37 901
182 324
-
income
3 704
2 796
59 989
-
other
415
379
1 112
-
pensions
4 258
3 880
11 378
-
health
1 608
1 467
4 299
-
unemployment
1 247
1 137
3 334
-
total
11 232
9 659
80 112
-
Employer
41 574
37 901
182 324
-
other
1 974
1 799
8 055
-
unemployment
1 247
1 137
3 334
-
health
1 572
1 433
4 200
-
surtax
-
-
-
-
accident
540
493
1 444
-
pensions
5 218
4 758
13 944
-
payroll
1 247
1 137
5 470
-
chamber of commerce
166
152
729
-
total
11 964
10 909
37 176
-
Corporate
165 962
170 690
178 714
-
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
42 672
44 679
-
total
41 491
42 672
44 679
-
Dividends
124 470
128 018
-
-
withholding
34 229
35 205
-
-
total
34 229
35 205
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 916
98 445
161 967
106 954
After tax
120 584
121 055
57 533
112 546
Living cost
30 342
30 342
30 342
30 342
Free-cash
90 242
90 713
27 191
82 204

Estimated living cost  is ₽30342 per week

₽18202
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
₽163288
₽196213
₽204993
₽193904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 390
-
219 500
-
income
3 078
-
43 900
-
total
3 078
-
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%.

204 110
219 500
-
-
total
-
-
-
-
Dividends
204 110
219 500
-
-
withholding
10 206
10 975
-
-
total
10 206
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
13 284
10 975
43 900
2 195
After tax
206 216
208 525
175 600
217 305
Living cost
12 312
12 312
12 312
12 312
Free-cash
193 904
196 213
163 288
204 993

Estimated living cost  is ₽12312 per week

₽8331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71048
₽125616
₽75814
₽117658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 598
income
-
-
-
56 165
pensions
-
-
-
40 085
unemployment
-
-
-
328
total
-
-
-
118 176
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.

42 057
-
189 930
-
income
7 253
-
51 399
-
pensions
6 519
-
29 439
-
health
2 716
-
12 269
-
unemployment
60
-
265
-
total
16 548
-
93 372
-
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.

42 057
-
189 930
-
unemployment
25
-
114
-
health
2 801
-
12 648
-
pensions
3 722
-
16 808
-
total
6 548
-
29 570
-
Corporate
170 896
219 500
-
-
income
32 471
41 704
-
-
total
32 471
41 704
-
-
Dividends
138 425
177 796
-
-
withholding
20 765
26 670
-
-
total
20 765
26 670
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 332
68 374
122 942
118 176
After tax
143 168
151 126
96 558
101 324
Living cost
25 510
25 510
25 510
25 510
Free-cash
117 658
125 616
71 048
75 814

Estimated living cost  is ₽25510 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
₽163017
₽90258
₽108406
₽42540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 066
-
-
-
social contributions
5 089
-
725
-
income
13 691
-
-
-
total
18 780
-
725
-
Employer
62 066
-
-
-
social contributions
87 513
-
12 472
-
total
87 513
-
12 472
-
Corporate
69 921
219 500
-
-
income
15 383
48 290
-
-
total
15 383
48 290
-
-
Dividends
54 538
171 210
-
-
income
11 998
37 666
-
-
total
11 998
37 666
-
-
Income
219 500
219 500
219 500
219 500
Total tax
133 674
85 956
13 197
67 808
After tax
85 826
133 544
206 303
151 692
Living cost
43 286
43 286
43 286
43 286
Free-cash
42 540
90 258
163 017
108 406

Estimated living cost  is ₽43286 per week

₽28086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67036
₽95019
₽84386
₽94062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
76 276
income
-
-
-
29 006
surtax
-
-
-
-
total
-
-
-
105 282
Employee
43 742
-
177 373
-
surtax
-
-
338
-
social contributions
4 812
-
19 510
-
income
9 098
-
60 657
-
total
13 910
-
80 505
-
Employer
43 742
-
177 373
-
social contributions
10 389
-
42 127
-
total
10 389
-
42 127
-
Corporate
165 370
219 500
-
-
surtax
-
-
-
-
income
34 727
46 095
-
-
total
34 727
46 095
-
-
Dividends
130 643
173 405
-
-
withholding
36 580
48 554
-
-
total
36 580
48 554
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 606
94 649
122 632
105 282
After tax
123 894
124 851
96 868
114 218
Living cost
29 832
29 832
29 832
29 832
Free-cash
94 062
95 019
67 036
84 386

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
₽66915
₽64693
₽73698
₽71230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 804
social contributions
-
-
-
6 254
health
-
-
-
10 905
income
-
-
-
41 718
pensions
-
-
-
34 186
surtax
-
-
-
-
total
-
-
-
99 867
Employee
59 567
-
167 185
-
surtax
-
-
-
-
social contributions
1 697
-
4 763
-
income
5 197
-
36 827
-
pensions
6 737
-
12 744
-
total
13 631
-
54 334
-
Employer
59 567
-
167 185
-
other
2 056
-
6 998
-
unemployment
2 413
-
6 772
-
health
4 169
-
16 791
-
pensions
9 788
-
21 253
-
social contributions
179
-
502
-
total
18 605
-
52 316
-
Corporate
141 328
219 500
-
-
surtax
-
-
-
-
income
39 573
61 460
-
-
total
39 573
61 460
-
-
Dividends
101 756
158 040
-
-
social contributions
17 501
27 183
-
-
surtax
-
-
-
-
withholding
13 025
20 229
-
-
total
30 526
47 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
102 335
108 872
106 650
99 867
After tax
117 165
110 628
112 850
119 633
Living cost
45 935
45 935
45 935
45 935
Free-cash
71 230
64 693
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
₽137109
₽168961
₽131276
₽165767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 345
social contributions
-
-
-
48 290
total
-
-
-
59 635
Employee
30 576
-
190 043
-
income
-
-
11 993
-
social contributions
1 987
-
12 352
-
total
1 987
-
24 345
-
Employer
30 576
-
190 043
-
social contributions
4 739
-
29 457
-
total
4 739
-
29 457
-
Corporate
184 185
219 500
-
-
income
18 418
21 950
-
-
total
18 418
21 950
-
-
Dividends
165 766
197 550
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
25 144
21 950
53 802
59 635
After tax
194 356
197 550
165 698
159 865
Living cost
28 589
28 589
28 589
28 589
Free-cash
165 767
168 961
137 109
131 276

Estimated living cost  is ₽28589 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
₽12608
₽12608
₽80707
₽7179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
17 494
pensions
-
-
-
823
national
-
-
-
27 470
municipal
-
-
-
47 274
total
-
-
-
93 061
Employee
193 023
193 023
193 023
-
labour market
15 420
15 420
15 420
-
municipal
41 103
41 103
41 103
-
national
23 581
23 581
23 581
-
pensions
274
274
274
-
total
80 378
80 378
80 378
-
Employer
193 023
193 023
193 023
-
national
23 622
23 622
23 622
-
labour market
15 442
15 442
15 442
-
pensions
549
549
549
-
municipal
41 169
41 169
41 169
-
total
80 782
80 782
80 782
-
Corporate
12 608
-
-
-
income
2 774
-
-
-
total
2 774
-
-
-
Dividends
9 834
-
-
-
withholding
2 655
-
-
-
total
2 655
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
166 589
161 160
161 160
93 061
After tax
52 911
58 340
58 340
126 439
Living cost
45 732
45 732
45 732
45 732
Free-cash
7 179
12 608
12 608
80 707

Estimated living cost  is ₽45732 per week

₽31299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
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.
₽9684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100251
-₽2980
₽129107
₽14596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
62 962
pensions
-
-
-
3 985
total
-
-
-
69 633
Employee
32 657
-
200 680
-
income
4 480
-
49 383
-
pensions
3 677
-
7 307
-
health
3 739
-
22 978
-
total
11 896
-
79 668
-
Employer
32 657
-
200 680
-
unemployment
800
-
4 917
-
accident
545
-
3 352
-
pensions
5 310
-
10 552
-
total
6 655
-
18 821
-
Corporate
180 188
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.

162 169
197 550
-
-
total
162 169
197 550
-
-
Dividends
18 019
21 950
-
-
withholding
3 424
4 170
-
-
total
3 424
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
184 144
201 720
98 489
69 633
After tax
35 356
17 780
121 011
149 867
Living cost
20 760
20 760
20 760
20 760
Free-cash
14 596
-2 980
100 251
129 107

Estimated living cost  is ₽20760 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
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.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72366
₽97800
₽97509
₽100737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 983
national
-
-
-
43 520
municipal
-
-
-
38 974
total
-
-
-
85 477
Employee
50 038
-
184 656
-
municipal
8 196
-
30 056
-
national
827
-
28 039
-
pensions
3 377
-
12 464
-
health
374
-
2 447
-
unemployment
751
-
2 770
-
total
13 525
-
75 776
-
Employer
50 038
-
184 656
-
unemployment
325
-
1 200
-
health
384
-
1 422
-
accident
51
-
184
-
pensions
8 681
-
32 038
-
total
9 441
-
34 844
-
Corporate
160 021
219 500
-
-
income
32 005
43 901
-
-
total
32 005
43 901
-
-
Dividends

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

96 012
131 699
-
-
national
9 997
17 579
-
-
municipal
17 281
23 706
-
-
total
27 278
41 285
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 249
85 186
110 620
85 477
After tax
137 251
134 314
108 880
134 023
Living cost
36 514
36 514
36 514
36 514
Free-cash
100 737
97 800
72 366
97 509

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
₽123614
₽137937
₽125406
₽132762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
5 597
income
-
-
-
51 089
total
-
-
-
72 074
Employee
73 133
73 133
207 474
-
social contributions
2 765
6 070
8 187
-
income
7 963
6 770
50 126
-
health
567
1 244
3 527
-
total
11 295
14 084
61 840
-
Employer
73 133
73 133
207 474
-
health
615
1 354
3 839
-
social contributions
2 765
6 070
8 187
-
total
3 380
7 424
12 026
-
Corporate
182 805
138 944
-
-
income
22 851
17 368
-
-
total
22 851
17 368
-
-
Dividends
159 954
121 576
-
-
withholding
27 192
20 667
-
-
total
27 192
20 667
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 718
59 543
73 866
72 074
After tax
154 782
159 957
145 634
147 426
Living cost
22 020
22 020
22 020
22 020
Free-cash
132 762
137 937
123 614
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
₽153044
₽166668
₽172118
₽161830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
22 763
pensions
-
-
-
6 050
unemployment
-
-
-
27
total
-
-
-
32 282
Employee

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

21 830
-
210 205
-
income
1 493
-
20 404
-
pensions
3 274
-
13 536
-
health
1 855
-
7 671
-
unemployment
108
-
451
-
total
6 730
-
42 062
-
Employer

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

21 830
-
210 205
-
unemployment
108
-
451
-
health
939
-
3 880
-
pensions
1 200
-
4 963
-
total
2 247
-
9 294
-
Corporate
195 423
219 500
-
-
income
17 588
19 756
-
-
total
17 588
19 756
-
-
Dividends
177 835
199 744
-
-
withholding
16 005
17 976
-
-
total
16 005
17 976
-
-
Income
219 500
219 500
219 500
219 500
Total tax
42 570
37 732
51 356
32 282
After tax
176 930
181 768
168 144
187 218
Living cost
15 100
15 100
15 100
15 100
Free-cash
161 830
166 668
153 044
172 118

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
₽92458
₽119531
₽96449
₽115329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 453
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
96 898
Employee
35 167
-
191 397
-
income
6 780
-
67 188
-
other
34
-
88
-
pensions
1 653
-
4 144
-
unemployment
545
-
1 366
-
total
9 012
-
72 786
-
Employer
35 167
-
191 397
-
other
282
-
706
-
unemployment
1 935
-
4 848
-
accident
697
-
1 745
-
pensions
8 299
-
20 804
-
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
32 926
-
-
total
25 968
32 926
-
-
Dividends
147 154
186 574
-
-
withholding
31 825
40 890
-
-
total
31 825
40 890
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 018
73 816
100 889
96 898
After tax
141 482
145 684
118 611
122 602
Living cost
26 153
26 153
26 153
26 153
Free-cash
115 329
119 531
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
₽139751
₽135205
₽139877
₽134915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
932
income
-
-
-
75 642
pensions
-
-
-
1 286
total
-
-
-
77 860
Employee
2 686
-
218 053
-
income
520
-
75 574
-
pensions
242
-
579
-
health
134
-
322
-
unemployment
27
-
64
-
total
923
-
76 539
-
Employer
2 686
-
218 053
-
unemployment
54
-
129
-
health
255
-
611
-
pensions
295
-
707
-
total
604
-
1 447
-
Corporate
216 210
219 500
-
-
income
47 566
48 290
-
-
total
47 566
48 290
-
-
Dividends
168 644
171 210
-
-
withholding
33 729
34 242
-
-
total
33 729
34 242
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 822
82 532
77 986
77 860
After tax
136 678
136 968
141 514
141 640
Living cost
1 763
1 763
1 763
1 763
Free-cash
134 915
135 205
139 751
139 877

Estimated living cost  is ₽1763 per week

₽1048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽125666
₽142177
₽125666
₽137506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 224
income
-
-
-
50 911
pensions
-
-
-
18 235
unemployment
-
-
-
1 052
total
-
-
-
77 422
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.

24 748
-
206 946
-
income
3 411
-
50 911
-
pensions
3 465
-
9 819
-
health
1 275
-
3 612
-
unemployment
186
-
526
-
total
8 337
-
64 868
-
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.

24 748
-
206 946
-
unemployment
186
-
526
-
health
1 275
-
3 612
-
pensions
2 970
-
8 416
-
total
4 431
-
12 554
-
Corporate
190 322
219 500
-
-
income
28 548
32 925
-
-
total
28 548
32 925
-
-
Dividends
161 773
186 575
-
-
withholding
24 266
27 986
-
-
total
24 266
27 986
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 582
60 911
77 422
77 422
After tax
153 918
158 589
142 078
142 078
Living cost
16 412
16 412
16 412
16 412
Free-cash
137 506
142 177
125 666
125 666

Estimated living cost  is ₽16412 per week

₽11050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71228
₽99211
₽88578
₽98869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
76 276
income
-
-
-
29 006
surtax
-
-
-
-
total
-
-
-
105 282
Employee
36 913
-
177 373
-
surtax
-
-
338
-
social contributions
4 061
-
19 510
-
income
7 213
-
60 657
-
total
11 274
-
80 505
-
Employer
36 913
-
177 373
-
social contributions
8 766
-
42 127
-
total
8 766
-
42 127
-
Corporate
173 821
219 500
-
-
surtax
-
-
-
-
income
36 503
46 095
-
-
total
36 503
46 095
-
-
Dividends
137 318
173 405
-
-
withholding
38 448
48 554
-
-
total
38 448
48 554
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 991
94 649
122 632
105 282
After tax
124 509
124 851
96 868
114 218
Living cost
25 640
25 640
25 640
25 640
Free-cash
98 869
99 211
71 228
88 578

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
₽85186
₽112259
₽89177
₽106034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
70 453
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
96 898
Employee
45 932
-
191 397
-
income
9 594
-
67 188
-
other
45
-
88
-
pensions
2 159
-
4 144
-
unemployment
711
-
1 366
-
total
12 509
-
72 786
-
Employer
45 932
-
191 397
-
other
368
-
706
-
unemployment
2 527
-
4 848
-
accident
910
-
1 745
-
pensions
10 840
-
20 804
-
total
14 645
-
28 103
-
Corporate
158 923
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
32 926
-
-
total
23 838
32 926
-
-
Dividends
135 085
186 574
-
-
withholding
29 049
40 890
-
-
total
29 049
40 890
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 041
73 816
100 889
96 898
After tax
139 459
145 684
118 611
122 602
Living cost
33 425
33 425
33 425
33 425
Free-cash
106 034
112 259
85 186
89 177

Estimated living cost  is ₽33425 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
₽170726
₽171441
₽161544
₽165692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 790
income
-
-
-
32 925
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
41 725
Employee
21 493
-
213 034
-
income
2 150
-
21 303
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
health
989
-
1 516
-
total
5 262
-
26 076
-
Employer
21 493
-
213 034
-
unemployment
129
-
198
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 368
-
3 632
-
total
4 216
-
6 467
-
Corporate
193 790
219 500
-
-
income
19 379
21 950
-
-
total
19 379
21 950
-
-
Dividends
174 411
197 550
-
-
withholding
8 720
9 878
-
-
total
8 720
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
37 577
31 828
32 543
41 725
After tax
181 923
187 672
186 957
177 775
Living cost
16 231
16 231
16 231
16 231
Free-cash
165 692
171 441
170 726
161 544

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽98623
₽76163
₽73471
₽88603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
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.

-
-
-
73 614
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
trade
-
-
-
25 152
total
-
-
-
109 311
Employee

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

47 322
-
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
-
73 614
-
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
-
84 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 178
219 500
-
-
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
-
-
trade
24 708
31 498
-
-
income
25 827
32 926
-
-
total
52 352
66 700
-
-
Dividends
119 826
152 801
-
-
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
-
-
withholding
29 596
37 838
-
-
total
31 224
39 919
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 179
106 619
84 159
109 311
After tax
125 321
112 881
135 341
110 189
Living cost
36 718
36 718
36 718
36 718
Free-cash
88 603
76 163
98 623
73 471

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
₽55419
₽99474
₽55419
₽101571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
72 080
social contributions
-
-
-
37 824
total
-
-
-
109 904
Employee
74 395
-
219 500
-
income
14 038
-
72 080
-
social contributions
6 181
-
37 824
-
total
20 219
-
109 904
-
Employer
74 395
-
219 500
-
total
-
-
-
-
Corporate
145 105
219 500
-
-
income
18 139
27 437
-
-
total
18 139
27 437
-
-
Dividends
126 967
192 063
-
-
withholding
25 394
38 412
-
-
total
25 394
38 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 752
65 849
109 904
109 904
After tax
155 748
153 651
109 596
109 596
Living cost
54 177
54 177
54 177
54 177
Free-cash
101 571
99 474
55 419
55 419

Estimated living cost  is ₽54177 per week

₽41217
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
₽118374
₽103126
₽146163
₽106450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 926
health

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

-
-
-
5 887
total
-
-
-
38 813
Employee
43 629
-
215 125
-
income
4 734
-
57 852
-
social contributions
4 371
-
4 375
-
total
9 105
-
62 227
-
Employer
43 629
-
215 125
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
171 499
219 500
-
-
income
60 025
76 825
-
-
total
60 025
76 825
-
-
Dividends
111 474
142 675
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 526
81 850
66 602
38 813
After tax
140 974
137 650
152 898
180 687
Living cost
34 524
34 524
34 524
34 524
Free-cash
106 450
103 126
118 374
146 163

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
₽86840
₽102819
₽106416
₽108430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
68 323
pensions
-
-
-
9 576
total
-
-
-
77 899
Employee
48 296
-
191 258
-
income
8 795
-
55 272
-
health
630
-
2 568
-
pensions
3 686
-
11 393
-
total
13 111
-
69 233
-
Employer
48 296
-
191 258
-
health
918
-
3 634
-
pensions
4 879
-
24 608
-
total
5 797
-
28 242
-
Corporate
165 407
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.

31 427
41 706
-
-
total
31 427
41 706
-
-
Dividends
133 979
177 794
-
-
withholding
25 550
39 790
-
-
total
25 550
39 790
-
-
Income
219 500
219 500
219 500
219 500
Total tax
75 885
81 496
97 475
77 899
After tax
143 615
138 004
122 025
141 601
Living cost
35 185
35 185
35 185
35 185
Free-cash
108 430
102 819
86 840
106 416

Estimated living cost  is ₽35185 per week

₽24136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98196
-₽5035
₽127052
₽14281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
62 962
pensions
-
-
-
3 985
total
-
-
-
69 633
Employee
35 889
-
200 680
-
income
4 924
-
49 383
-
pensions
4 041
-
7 307
-
health
4 109
-
22 978
-
total
13 074
-
79 668
-
Employer
35 889
-
200 680
-
unemployment
879
-
4 917
-
accident
599
-
3 352
-
pensions
5 835
-
10 552
-
total
7 313
-
18 821
-
Corporate
176 297
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.

158 667
197 550
-
-
total
158 667
197 550
-
-
Dividends
17 630
21 950
-
-
withholding
3 350
4 170
-
-
total
3 350
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
182 404
201 720
98 489
69 633
After tax
37 096
17 780
121 011
149 867
Living cost
22 815
22 815
22 815
22 815
Free-cash
14 281
-5 035
98 196
127 052

Estimated living cost  is ₽22815 per week

₽16744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148812
₽155091
₽127931
₽152217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 980
health insurance
-
-
-
11 238
work injury
-
-
-
759
pensions
-
-
-
27 943
unemployment
-
-
-
1 822
total
-
-
-
78 742
Employee

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

20 523
-
219 500
-
income
2 052
-
36 980
-
work injury
103
-
380
-
health insurance
1 519
-
5 619
-
pensions
3 776
-
13 971
-
unemployment
246
-
911
-
total
7 696
-
57 861
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 977
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%.

19 898
21 950
-
-
total
19 898
21 950
-
-
Dividends
179 079
197 550
-
-
withholding
26 862
29 632
-
-
total
26 862
29 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
54 456
51 582
57 861
78 742
After tax
165 044
167 918
161 639
140 758
Living cost
12 827
12 827
12 827
12 827
Free-cash
152 217
155 091
148 812
127 931

Estimated living cost  is ₽12827 per week

₽7946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽57655
₽77730
₽65468
₽73403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 601
national
-
-
-
61 590
regional
-
-
-
5 406
municipal
-
-
-
1 547
total
-
-
-
116 144
Employee
80 143
-
219 500
-
social contributions
27 024
-
62 406
-
municipal
478
-
1 413
-
national
13 543
-
55 224
-
regional
1 210
-
4 914
-
total
42 255
-
123 957
-
Employer
80 143
-
219 500
-
total
-
-
-
-
Corporate
139 357
219 500
-
-
nationa
33 445
52 679
-
-
municipal
6 718
10 580
-
-
total
40 163
63 259
-
-
Dividends
99 194
156 241
-
-
withholding
25 791
40 623
-
-
total
25 791
40 623
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 209
103 882
123 957
116 144
After tax
111 291
115 618
95 543
103 356
Living cost
37 888
37 888
37 888
37 888
Free-cash
73 403
77 730
57 655
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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