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
₽80175
₽105629
₽78422
₽91300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 546
surtax

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

-
-
-
3 991
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
27 207
total
-
-
-
110 615
Employee

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

38 468
-
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.

59
-
3 991
-
income

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

1 075
-
72 546
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
8 005
-
83 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 032
219 500
-
-
income
27 155
32 925
-
-
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.

1 494
1 811
-
-
chamber of commerce
412
468
-
-
trade
28 513
34 570
-
-
total
57 574
69 774
-
-
Dividends
123 457
149 726
-
-
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.

1 676
2 038
-
-
withholding
30 482
37 050
-
-
total
32 158
39 088
-
-
Income
219 500
219 500
219 500
219 500
Total tax
97 737
108 862
83 408
110 615
After tax
121 763
110 638
136 092
108 885
Living cost
30 463
30 463
30 463
30 463
Free-cash
91 300
80 175
105 629
78 422

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽83557
₽74079
₽72900
₽82668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 286
national
-
-
-
40 203
pensions
-
-
-
26 340
total
-
-
-
93 189
Employee
82 797
-
189 756
-
municipal
10 227
-
25 136
-
pensions
3 312
-
7 590
-
national
15 847
-
42 064
-
total
29 386
-
74 790
-
Employer
82 797
-
189 756
-
pensions
6 624
-
15 180
-
social contributions
890
-
2 040
-
total
7 514
-
17 220
-
Corporate
123 725
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%.

24 745
43 900
-
-
total
24 745
43 900
-
-
Dividends
98 980
175 600
-
-
withholding
21 776
38 632
-
-
total
21 776
38 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
83 421
82 532
92 010
93 189
After tax
136 079
136 968
127 490
126 311
Living cost
53 411
53 411
53 411
53 411
Free-cash
82 668
83 557
74 079
72 900

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽154676
₽74153
₽58459
₽146426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
45 609
surtax
-
-
-
55 973
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
140 117
Employee
29 388
-
171 734
-
surtax
-
-
24 901
-
social contributions

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

3 233
-
13 185
-
income
5 231
-
38 571
-
total
8 464
-
76 657
-
Employer
29 388
-
171 734
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
18 891
-
total
7 079
-
47 766
-
Corporate
183 033
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%.

36 607
43 900
-
-
total
36 607
43 900
-
-
Dividends

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

146 426
175 600
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
52 150
43 900
124 423
140 117
After tax
167 350
175 600
95 077
79 383
Living cost
20 924
20 924
20 924
20 924
Free-cash
146 426
154 676
74 153
58 459

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽67171
₽98261
₽76104
₽61010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 078
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
101 264
Employee
85 887
85 887
200 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
36 230
-
health
13 183
11 213
12 402
-
total
42 701
37 055
60 416
-
Employer
85 887
85 887
200 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
119 627
118 573
-
-
income
23 926
23 714
-
-
total
23 926
23 714
-
-
Dividends
95 701
94 859
-
-
income
20 336
20 159
-
-
withholding
14 355
14 229
-
-
total
34 691
34 388
-
-
Income
219 500
219 500
219 500
219 500
Total tax
116 358
110 197
79 107
101 264
After tax
103 142
109 303
140 393
118 236
Living cost
42 132
42 132
42 132
42 132
Free-cash
61 010
67 171
98 261
76 104

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽78641
₽68188
₽69188
₽77716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
57 653
national
-
-
-
25 291
pensions
-
-
-
9 762
total
-
-
-
109 106
Employee
58 715
-
191 125
-
municipal
17 509
-
56 993
-
national
-
-
24 738
-
total
17 509
-
81 731
-
Employer
58 715
-
191 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
142 337
219 500
-
-
income
31 314
48 290
-
-
total
31 314
48 290
-
-
Dividends
111 023
171 210
-
-
withholding
33 307
51 363
-
-
total
33 307
51 363
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 578
99 653
110 106
109 106
After tax
118 922
119 847
109 394
110 394
Living cost
41 206
41 206
41 206
41 206
Free-cash
77 716
78 641
68 188
69 188

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽69998
₽96582
₽68167
₽84131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 546
surtax

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

-
-
-
3 991
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
28 415
total
-
-
-
111 823
Employee

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

51 004
-
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.

240
-
3 991
-
income

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

4 382
-
72 546
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
11 493
-
83 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 496
219 500
-
-
income
25 274
32 925
-
-
surtax

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

1 389
1 811
-
-
chamber of commerce
393
466
-
-
trade
27 719
36 107
-
-
total
54 775
71 309
-
-
Dividends
113 722
148 191
-
-
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.

1 542
2 017
-
-
withholding
28 049
36 666
-
-
total
29 591
38 683
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 859
109 992
83 408
111 823
After tax
123 641
109 508
136 092
107 677
Living cost
39 510
39 510
39 510
39 510
Free-cash
84 131
69 998
96 582
68 167

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽127367
₽113471
₽115287
₽123197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 721
social contributions
-
-
-
16 273
health
-
-
-
5 598
total
-
-
-
71 592
Employee
77 337
77 337
207 012
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
48 744
-
health
769
1 315
3 519
-
total
12 648
14 893
60 920
-
Employer
77 337
77 337
207 012
-
health
838
1 431
3 831
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 488
-
Corporate
169 634
134 313
-
-
income
21 204
16 790
-
-
total
21 204
16 790
-
-
Dividends
148 430
117 523
-
-
withholding
25 234
19 979
-
-
total
25 234
19 979
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 682
59 512
73 408
71 592
After tax
155 818
159 988
146 092
147 908
Living cost
32 621
32 621
32 621
32 621
Free-cash
123 197
127 367
113 471
115 287

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽104763
₽108791
₽133603
₽105147
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 641
10 603
183 682
-
unemployment
400
159
2 755
-
pensions
2 664
1 060
18 368
-
income
3 257
1 296
22 455
-
health
1 865
742
12 858
-
total
8 186
3 257
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.

26 641
10 603
183 682
-
pensions
5 195
2 068
35 818
-
total
5 195
2 068
35 818
-
Corporate
187 664
206 830
-
-
income
16 890
18 615
-
-
total
16 890
18 615
-
-
Dividends
170 775
188 215
-
-
social contributions
33 180
36 581
-
-
withholding
32 447
35 761
-
-
total
65 627
72 342
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 898
96 282
92 254
67 442
After tax
123 602
123 218
127 246
152 058
Living cost
18 455
18 455
18 455
18 455
Free-cash
105 147
104 763
108 791
133 603

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽151307
₽102224
₽93359
₽145059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 413
health
-
-
-
28 535
pensions
-
-
-
43 900
total
-
-
-
101 848
Employee
28 531
-
164 050
-
unemployment
456
-
2 624
-
pensions
571
-
3 281
-
income
3 212
-
31 629
-
total
4 239
-
37 534
-
Employer
28 531
-
164 050
-
health
3 708
-
21 327
-
pensions
5 707
-
32 809
-
unemployment
229
-
1 313
-
total
9 644
-
55 449
-
Corporate
181 324
219 500
-
-
income
36 265
43 900
-
-
total
36 265
43 900
-
-
Dividends
145 059
175 600
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
50 148
43 900
92 983
101 848
After tax
169 352
175 600
126 517
117 652
Living cost
24 292
24 292
24 292
24 292
Free-cash
145 059
151 307
102 224
93 359

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽4621
₽98238
₽127507
₽14343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 593
Employee
35 237
-
200 041
-
pensions
3 968
-
7 768
-
income
4 834
-
48 730
-
health
4 035
-
22 905
-
total
12 837
-
79 403
-
Employer
35 237
-
200 041
-
pensions
5 730
-
11 218
-
accident
588
-
3 340
-
unemployment
863
-
4 901
-
total
7 181
-
19 459
-
Corporate
177 082
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.

159 374
197 550
-
-
total
159 374
197 550
-
-
Dividends
17 708
21 950
-
-
withholding
3 365
4 171
-
-
total
3 365
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
182 757
201 721
98 862
69 593
After tax
36 743
17 779
120 638
149 907
Living cost
22 400
22 400
22 400
22 400
Free-cash
14 343
-4 621
98 238
127 507

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽200385
₽167460
₽209165
₽198859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
219 500
-
income
2 035
-
43 900
-
total
2 035
-
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%.

209 326
219 500
-
-
total
-
-
-
-
Dividends
209 326
219 500
-
-
withholding
10 466
10 975
-
-
total
10 466
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
12 501
10 975
43 900
2 195
After tax
206 999
208 525
175 600
217 305
Living cost
8 140
8 140
8 140
8 140
Free-cash
198 859
200 385
167 460
209 165

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽134468
₽102228
₽104056
₽127672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 945
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
88 645
Employee
36 518
-
180 736
-
unemployment
365
-
1 529
-
pensions

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

2 556
-
10 705
-
income
6 287
-
37 334
-
health
512
-
2 141
-
total
9 720
-
51 709
-
Employer
36 518
-
180 736
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 447
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 764
-
Corporate
173 779
219 500
-
-
income
36 494
46 094
-
-
total
36 494
46 094
-
-
Dividends
137 285
173 406
-
-
withholding
9 610
12 139
-
-
total
9 610
12 139
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 029
58 233
90 473
88 645
After tax
154 471
161 267
129 027
130 855
Living cost
26 799
26 799
26 799
26 799
Free-cash
127 672
134 468
102 228
104 056

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽72141
₽55808
₽75437
₽80191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 342
pensions
-
-
-
9 862
total
-
-
-
77 204
Employee
94 595
-
191 345
-
pensions
9 126
-
11 815
-
income
17 052
-
54 258
-
health
1 559
-
2 605
-
total
27 737
-
68 678
-
Employer
94 595
-
191 345
-
health
1 797
-
3 635
-
pensions
11 169
-
24 520
-
total
12 966
-
28 155
-
Corporate
111 939
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.

21 268
41 706
-
-
total
21 268
41 706
-
-
Dividends
90 671
177 794
-
-
withholding
10 479
38 794
-
-
total
10 479
38 794
-
-
Income
219 500
219 500
219 500
219 500
Total tax
72 450
80 500
96 833
77 204
After tax
147 050
139 000
122 667
142 296
Living cost
66 859
66 859
66 859
66 859
Free-cash
80 191
72 141
55 808
75 437

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽174468
₽173039
₽163977
₽169788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
42 318
Employee
17 485
-
212 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
21 260
-
health
804
-
1 618
-
total
4 280
-
26 354
-
Employer
17 485
-
212 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
198 584
219 500
-
-
income
19 859
21 950
-
-
total
19 859
21 950
-
-
Dividends
178 726
197 550
-
-
withholding
8 936
9 877
-
-
total
8 936
9 877
-
-
Income
219 500
219 500
219 500
219 500
Total tax
36 507
31 827
33 256
42 318
After tax
182 993
187 673
186 244
177 182
Living cost
13 205
13 205
13 205
13 205
Free-cash
169 788
174 468
173 039
163 977

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽53533
₽84623
₽62466
₽56065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 078
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
101 264
Employee
93 245
85 887
200 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
36 230
-
health
11 633
11 213
12 402
-
total
37 475
37 055
60 416
-
Employer
93 245
85 887
200 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
109 928
118 573
-
-
income
21 985
23 714
-
-
total
21 985
23 714
-
-
Dividends
87 943
94 859
-
-
income
18 687
20 159
-
-
withholding
13 192
14 229
-
-
total
31 879
34 388
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 665
110 197
79 107
101 264
After tax
111 835
109 303
140 393
118 236
Living cost
55 770
55 770
55 770
55 770
Free-cash
56 065
53 533
84 623
62 466

Estimated living cost  is ₽55770 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽126133
₽94194
₽103673
₽117216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 086
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 152
health
-
-
-
29 632
total
-
-
-
90 834
Employee
36 754
-
173 128
-
solidarity contribution
-
-
1 301
-
social contributions
2 389
-
8 006
-
income
4 411
-
21 262
-
health
4 962
-
23 372
-
total
11 762
-
53 941
-
Employer
36 754
-
173 128
-
health
3 308
-
15 581
-
social contributions
9 189
-
30 791
-
total
12 497
-
46 372
-
Corporate
170 249
219 500
-
-
income
32 347
41 705
-
-
total
32 347
41 705
-
-
Dividends
137 902
177 795
-
-
withholding
20 685
26 669
-
-
total
20 685
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
77 291
68 374
100 313
90 834
After tax
142 209
151 126
119 187
128 666
Living cost
24 993
24 993
24 993
24 993
Free-cash
117 216
126 133
94 194
103 673

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽74675
₽54400
₽62923
₽69421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
2 743
municipal
-
-
-
1 353
national
-
-
-
59 705
total
-
-
-
114 138
Employee
89 385
-
219 500
-
municipal
473
-
1 227
-
national
15 488
-
52 971
-
regional
843
-
2 470
-
social contributions
30 141
-
65 993
-
total
46 945
-
122 661
-
Employer
89 385
-
219 500
-
total
-
-
-
-
Corporate
130 115
219 500
-
-
municipal
5 075
8 560
-
-
nationa
31 228
52 679
-
-
total
36 303
61 239
-
-
Dividends
93 812
158 261
-
-
withholding
24 392
41 147
-
-
total
24 392
41 147
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 640
102 386
122 661
114 138
After tax
111 860
117 114
96 839
105 362
Living cost
42 439
42 439
42 439
42 439
Free-cash
69 421
74 675
54 400
62 923

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽115871
₽74970
₽81119
₽112742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 179
other
-
-
-
-
surtax
-
-
-
11 404
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
116 188
Employee
33 259
-
191 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
10 201
-
income
5 575
-
62 163
-
health
849
-
3 422
-
total
11 066
-
94 082
-
Employer
33 259
-
191 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
179 240
219 500
-
-
income
46 602
57 071
-
-
total
46 602
57 071
-
-
Dividends
132 638
162 429
-
-
withholding
19 895
24 365
-
-
total
19 895
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 565
81 436
122 337
116 188
After tax
134 935
138 064
97 163
103 312
Living cost
22 193
22 193
22 193
22 193
Free-cash
112 742
115 871
74 970
81 119

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽93324
₽76991
₽96620
₽99931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 342
pensions
-
-
-
9 862
total
-
-
-
77 204
Employee
63 395
-
191 345
-
pensions
5 381
-
11 815
-
income
11 418
-
54 258
-
health
920
-
2 605
-
total
17 719
-
68 678
-
Employer
63 395
-
191 345
-
health
1 204
-
3 635
-
pensions
6 863
-
24 520
-
total
8 067
-
28 155
-
Corporate
148 038
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.

28 126
41 706
-
-
total
28 126
41 706
-
-
Dividends
119 912
177 794
-
-
withholding
19 981
38 794
-
-
total
19 981
38 794
-
-
Income
219 500
219 500
219 500
219 500
Total tax
73 893
80 500
96 833
77 204
After tax
145 607
139 000
122 667
142 296
Living cost
45 676
45 676
45 676
45 676
Free-cash
99 931
93 324
76 991
96 620

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽20628
₽86605
₽95204
₽54747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 389
regional
-
-
-
11 959
health
-
-
-
494
city
-
-
-
2 314
national
-
-
-
5 202
pensions
-
-
-
20 193
total
-
-
-
44 551
Employee
93 322
-
197 214
-
unemployment
-
-
-
-
pensions
7 840
-
15 728
-
national
442
-
4 173
-
regional
3 056
-
10 560
-
city
1 002
-
2 128
-
health
211
-
444
-
total
12 551
-
33 033
-
Employer
93 322
-
197 214
-
health
211
-
444
-
pensions
7 840
-
15 728
-
unemployment
-
-
-
-
other

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

1 866
-
3 945
-
total
9 917
-
20 117
-
Corporate
115 235
219 500
-
-
regional
24 373
46 423
-
-
national
9 794
18 657
-
-
total
34 167
65 080
-
-
Dividends
81 067
154 420
-
-
withholding
28 373
54 047
-
-
total
28 373
54 047
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 008
119 127
53 150
44 551
After tax
134 492
100 373
166 350
174 949
Living cost
79 745
79 745
79 745
79 745
Free-cash
54 747
20 628
86 605
95 204

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽62305
₽90018
₽60393
₽78617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 546
surtax

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

-
-
-
3 991
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
29 625
total
-
-
-
113 033
Employee

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

60 444
-
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.

391
-
3 991
-
income

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

7 108
-
72 546
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
14 370
-
83 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 056
219 500
-
-
income
23 859
32 925
-
-
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.

1 313
1 811
-
-
chamber of commerce
376
462
-
-
trade
27 278
37 645
-
-
total
52 826
72 843
-
-
Dividends
106 230
146 657
-
-
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.

1 439
1 996
-
-
withholding
26 174
36 282
-
-
total
27 613
38 278
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 809
111 121
83 408
113 033
After tax
124 691
108 379
136 092
106 467
Living cost
46 074
46 074
46 074
46 074
Free-cash
78 617
62 305
90 018
60 393

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽76218
₽80287
₽86289
₽82159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 036
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 604
pensions
-
-
-
35 103
total
-
-
-
98 801
Employee
43 044
-
167 724
-
pensions
4 867
-
12 557
-
surtax
-
-
-
-
social contributions
1 227
-
4 779
-
income
2 540
-
35 690
-
total
8 634
-
53 026
-
Employer
43 044
-
167 724
-
health
3 014
-
16 577
-
pensions
7 071
-
20 980
-
unemployment
1 743
-
6 793
-
social contributions
130
-
504
-
other
1 485
-
6 923
-
total
13 443
-
51 777
-
Corporate
163 013
219 500
-
-
income
45 644
61 461
-
-
surtax
-
-
-
-
total
45 644
61 461
-
-
Dividends
117 369
158 039
-
-
surtax
-
-
-
-
social contributions
20 187
27 182
-
-
withholding
15 023
20 229
-
-
total
35 210
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
102 931
108 872
104 803
98 801
After tax
116 569
110 628
114 697
120 699
Living cost
34 410
34 410
34 410
34 410
Free-cash
82 159
76 218
80 287
86 289

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽79627
₽83696
₽89698
₽85214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
40 036
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 604
pensions
-
-
-
35 103
total
-
-
-
98 801
Employee
38 423
-
167 724
-
pensions
4 346
-
12 557
-
surtax
-
-
-
-
social contributions
1 096
-
4 779
-
income
1 981
-
35 690
-
total
7 423
-
53 026
-
Employer
38 423
-
167 724
-
health
2 689
-
16 577
-
pensions
6 314
-
20 980
-
unemployment
1 556
-
6 793
-
social contributions
115
-
504
-
other
1 326
-
6 923
-
total
12 000
-
51 777
-
Corporate
169 077
219 500
-
-
income
47 341
61 461
-
-
surtax
-
-
-
-
total
47 341
61 461
-
-
Dividends
121 737
158 039
-
-
surtax
-
-
-
-
social contributions
20 939
27 182
-
-
withholding
15 582
20 229
-
-
total
36 521
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 285
108 872
104 803
98 801
After tax
116 215
110 628
114 697
120 699
Living cost
31 001
31 001
31 001
31 001
Free-cash
85 214
79 627
83 696
89 698

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽112590
₽113867
₽119637
₽113110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 925
social contributions
-
-
-
30 291
health
-
-
-
15 320
total
-
-
-
78 536
Employee
34 101
-
219 500
-
social contributions
4 707
-
30 291
-
income
5 688
-
38 695
-
health
2 380
-
15 320
-
total
12 775
-
84 306
-
Employer
34 101
-
219 500
-
total
-
-
-
-
Corporate
185 399
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%.

9 270
10 974
-
-
total
9 270
10 974
-
-
Dividends
176 129
208 526
-
-
social contributions
24 306
28 776
-
-
withholding
26 419
31 278
-
-
health
12 293
14 555
-
-
total
63 018
74 609
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 063
85 583
84 306
78 536
After tax
134 437
133 917
135 194
140 964
Living cost
21 327
21 327
21 327
21 327
Free-cash
113 110
112 590
113 867
119 637

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽85607
₽22180
₽77118
₽84051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 973
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
878
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
106 943
Employee
50 263
40 080
180 860
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
57 704
-
health
1 945
1 552
4 546
-
total
14 824
10 214
78 983
-
Employer
50 263
40 080
180 860
-
chamber of commerce
200
160
723
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 426
-
other
2 388
1 903
8 052
-
total
14 662
11 732
38 638
-
Corporate
154 575
167 685
177 043
-
income

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

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

38 643
41 922
44 260
-
total
38 643
41 922
44 260
-
Dividends
115 932
125 763
-
-
withholding
31 881
34 586
-
-
total
31 881
34 586
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 010
98 454
161 881
106 943
After tax
119 490
121 046
57 619
112 557
Living cost
35 439
35 439
35 439
35 439
Free-cash
84 051
85 607
22 180
77 118

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽84161
₽38246
₽58765
₽70917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
11 665
social contributions
-
-
-
25 075
national
-
-
-
87 324
total
-
-
-
124 064
Employee

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

71 942
-
170 008
-
unemployment

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

626
-
1 479
-
communal

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

3 752
-
8 867
-
pensions

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

5 396
-
12 751
-
national
22 118
-
64 007
-
health

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

3 380
-
7 989
-
total
35 272
-
95 093
-
Employer

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

71 942
-
170 008
-
health

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

4 424
-
10 455
-
pensions

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

6 375
-
15 063
-
accident

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

935
-
2 210
-
unemployment

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

1 050
-
2 481
-
surtax
8 157
-
19 281
-
total
20 941
-
49 490
-
Corporate
126 617
219 500
-
-
income
25 323
46 478
-
-
surtax
506
929
-
-
total
25 829
47 407
-
-
Dividends
100 788
172 092
-
-
withholding

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

29 870
51 261
-
-
total
29 870
51 261
-
-
Income
219 500
219 500
219 500
219 500
Total tax
111 912
98 668
144 583
124 064
After tax
107 588
120 832
74 917
95 436
Living cost
36 671
36 671
36 671
36 671
Free-cash
70 917
84 161
38 246
58 765

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽109478
₽82167
₽86385
₽102589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
68 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 793
Employee
50 064
-
189 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
65 372
-
total
13 743
-
71 293
-
Employer
50 064
-
189 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
153 479
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.

23 021
32 925
-
-
total
23 021
32 925
-
-
Dividends
130 457
186 575
-
-
withholding
27 867
40 775
-
-
total
27 867
40 775
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 589
73 700
101 011
96 793
After tax
138 911
145 800
118 489
122 707
Living cost
36 322
36 322
36 322
36 322
Free-cash
102 589
109 478
82 167
86 385

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽70212
₽57877
₽49125
₽56409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
13 872
accident
-
-
-
1 851
income
-
-
-
40 792
surtax
-
-
-
10 883
health
-
-
-
15 421
pensions
-
-
-
32 900
total
-
-
-
115 719
Employee
76 164
-
196 070
-
pensions
6 092
-
15 685
-
surtax
4 668
-
12 017
-
income
7 357
-
47 111
-
health
3 390
-
8 724
-
total
21 507
-
83 537
-
Employer
76 164
-
196 070
-
health
2 323
-
5 980
-
pensions
6 092
-
15 685
-
accident
685
-
1 765
-
total
9 100
-
23 430
-
Corporate
134 235
219 500
-
-
communal
9 060
14 816
-
-
income
20 136
32 925
-
-
surtax
1 409
2 306
-
-
total
30 605
50 047
-
-
Dividends
103 631
169 453
-
-
income
31 677
19 166
-
-
withholding
15 546
25 419
-
-
total
47 223
44 585
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 435
94 632
106 967
115 719
After tax
111 065
124 868
112 533
103 781
Living cost
54 656
54 656
54 656
54 656
Free-cash
56 409
70 212
57 877
49 125

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽115474
₽74573
₽80722
₽112277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 179
other
-
-
-
-
surtax
-
-
-
11 404
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
116 188
Employee
33 870
-
191 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
10 201
-
income
5 678
-
62 163
-
health
865
-
3 422
-
total
11 280
-
94 082
-
Employer
33 870
-
191 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
178 499
219 500
-
-
income
46 409
57 071
-
-
total
46 409
57 071
-
-
Dividends
132 090
162 429
-
-
withholding
19 813
24 365
-
-
total
19 813
24 365
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 633
81 436
122 337
116 188
After tax
134 867
138 064
97 163
103 312
Living cost
22 590
22 590
22 590
22 590
Free-cash
112 277
115 474
74 573
80 722

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽88281
₽69100
₽77577
₽86048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 435
municipal
-
-
-
1 353
national
-
-
-
59 705
total
-
-
-
114 830
Employee
55 790
-
219 500
-
municipal
296
-
1 227
-
national
8 839
-
52 971
-
regional
751
-
3 116
-
social contributions
18 813
-
65 993
-
total
28 699
-
123 307
-
Employer
55 790
-
219 500
-
total
-
-
-
-
Corporate
163 710
219 500
-
-
municipal
8 136
10 910
-
-
nationa
39 290
52 679
-
-
total
47 426
63 589
-
-
Dividends
116 283
155 911
-
-
withholding
30 234
40 537
-
-
total
30 234
40 537
-
-
Income
219 500
219 500
219 500
219 500
Total tax
106 359
104 126
123 307
114 830
After tax
113 141
115 374
96 193
104 670
Living cost
27 093
27 093
27 093
27 093
Free-cash
86 048
88 281
69 100
77 577

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽120328
₽88389
₽97868
₽109341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 086
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 152
health
-
-
-
29 632
total
-
-
-
90 834
Employee
45 291
-
173 128
-
solidarity contribution
-
-
1 301
-
social contributions
2 944
-
8 006
-
income
5 435
-
21 262
-
health
6 114
-
23 372
-
total
14 493
-
53 941
-
Employer
45 291
-
173 128
-
health
4 076
-
15 581
-
social contributions
11 323
-
30 791
-
total
15 399
-
46 372
-
Corporate
158 810
219 500
-
-
income
30 174
41 705
-
-
total
30 174
41 705
-
-
Dividends
128 636
177 795
-
-
withholding
19 295
26 669
-
-
total
19 295
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
79 361
68 374
100 313
90 834
After tax
140 139
151 126
119 187
128 666
Living cost
30 798
30 798
30 798
30 798
Free-cash
109 341
120 328
88 389
97 868

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽89067
₽25582
₽80668
₽88566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 973
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
878
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
106 745
Employee
43 964
40 080
181 046
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
57 792
-
health
1 701
1 552
4 546
-
total
11 877
10 214
79 071
-
Employer
43 964
40 080
181 046
-
chamber of commerce
176
160
723
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 432
-
other
2 088
1 903
8 058
-
total
12 653
11 534
38 452
-
Corporate
162 884
167 884
177 230
-
income

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

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

40 722
41 972
44 308
-
total
40 722
41 972
44 308
-
Dividends
122 162
125 912
-
-
withholding
33 595
34 626
-
-
total
33 595
34 626
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 847
98 346
161 831
106 745
After tax
120 653
121 154
57 669
112 755
Living cost
32 087
32 087
32 087
32 087
Free-cash
88 566
89 067
25 582
80 668

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽195841
₽162916
₽204621
₽193463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
219 500
-
income
3 171
-
43 900
-
total
3 171
-
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%.

203 645
219 500
-
-
total
-
-
-
-
Dividends
203 645
219 500
-
-
withholding
10 182
10 975
-
-
total
10 182
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
13 353
10 975
43 900
2 195
After tax
206 147
208 525
175 600
217 305
Living cost
12 684
12 684
12 684
12 684
Free-cash
193 463
195 841
162 916
204 621

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽124150
₽70877
₽75643
₽115738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
54 865
unemployment
-
-
-
330
health
-
-
-
21 600
pensions
-
-
-
40 086
total
-
-
-
116 881
Employee

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

44 474
-
189 926
-
unemployment
63
-
265
-
pensions
6 894
-
29 438
-
income
7 670
-
50 100
-
health
2 872
-
12 270
-
total
17 499
-
92 073
-
Employer

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

44 474
-
189 926
-
health
2 962
-
12 650
-
pensions
3 936
-
16 809
-
unemployment
27
-
115
-
total
6 925
-
29 574
-
Corporate
168 101
219 500
-
-
income
31 938
41 705
-
-
total
31 938
41 705
-
-
Dividends
136 163
177 795
-
-
withholding
20 424
26 669
-
-
total
20 424
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 786
68 374
121 647
116 881
After tax
142 714
151 126
97 853
102 619
Living cost
26 976
26 976
26 976
26 976
Free-cash
115 738
124 150
70 877
75 643

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽89541
₽162081
₽107689
₽41033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 785
social contributions
-
-
-
25 023
total
-
-
-
67 808
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
67 442
219 500
-
-
income
14 837
48 290
-
-
total
14 837
48 290
-
-
Dividends
52 605
171 210
-
-
income
11 573
37 666
-
-
total
11 573
37 666
-
-
Income
219 500
219 500
219 500
219 500
Total tax
134 464
85 956
13 416
67 808
After tax
85 036
133 544
206 084
151 692
Living cost
44 003
44 003
44 003
44 003
Free-cash
41 033
89 541
162 081
107 689

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽93306
₽66397
₽83288
₽92292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 388
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
104 665
Employee
46 257
-
177 373
-
surtax
-
-
130
-
social contributions
5 088
-
19 512
-
income
9 622
-
59 787
-
total
14 710
-
79 429
-
Employer
46 257
-
177 373
-
social contributions
10 986
-
42 127
-
total
10 986
-
42 127
-
Corporate
162 258
219 500
-
-
income
34 074
46 094
-
-
surtax
-
-
-
-
total
34 074
46 094
-
-
Dividends
128 183
173 406
-
-
withholding
35 891
48 553
-
-
total
35 891
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 661
94 647
121 556
104 665
After tax
123 839
124 853
97 944
114 835
Living cost
31 547
31 547
31 547
31 547
Free-cash
92 292
93 306
66 397
83 288

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽62052
₽66121
₽72123
₽68967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 036
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 604
pensions
-
-
-
35 103
total
-
-
-
98 801
Employee
62 992
-
167 724
-
pensions
7 125
-
12 557
-
surtax
-
-
-
-
social contributions
1 794
-
4 779
-
income
5 496
-
35 690
-
total
14 415
-
53 026
-
Employer
62 992
-
167 724
-
health
4 409
-
16 577
-
pensions
10 350
-
20 980
-
unemployment
2 552
-
6 793
-
social contributions
189
-
504
-
other
2 174
-
6 923
-
total
19 674
-
51 777
-
Corporate
136 834
219 500
-
-
income
38 313
61 461
-
-
surtax
-
-
-
-
total
38 313
61 461
-
-
Dividends
98 521
158 039
-
-
surtax
-
-
-
-
social contributions
16 945
27 182
-
-
withholding
12 610
20 229
-
-
total
29 555
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
101 957
108 872
104 803
98 801
After tax
117 543
110 628
114 697
120 699
Living cost
48 576
48 576
48 576
48 576
Free-cash
68 967
62 052
66 121
72 123

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽167317
₽135797
₽129964
₽163939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 013
social contributions
-
-
-
48 291
total
-
-
-
59 304
Employee
32 334
-
190 043
-
income
-
-
11 662
-
social contributions
2 101
-
12 352
-
total
2 101
-
24 014
-
Employer
32 334
-
190 043
-
social contributions
5 012
-
29 457
-
total
5 012
-
29 457
-
Corporate
182 154
219 500
-
-
income
18 216
21 951
-
-
total
18 216
21 951
-
-
Dividends
163 939
197 549
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
25 329
21 951
53 471
59 304
After tax
194 171
197 549
166 029
160 196
Living cost
30 232
30 232
30 232
30 232
Free-cash
163 939
167 317
135 797
129 964

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽474
₽474
₽78591
₽271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 490
municipal
-
-
-
46 983
national
-
-
-
27 151
pensions
-
-
-
871
total
-
-
-
92 495
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
473
-
-
-
income
104
-
-
-
total
104
-
-
-
Dividends
369
-
-
-
withholding
99
-
-
-
total
99
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
170 815
170 612
170 612
92 495
After tax
48 685
48 888
48 888
127 005
Living cost
48 414
48 414
48 414
48 414
Free-cash
271
474
474
78 591

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽4291
₽98568
₽127837
₽14394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 593
Employee
34 717
-
200 041
-
pensions
3 909
-
7 768
-
income
4 763
-
48 730
-
health
3 975
-
22 905
-
total
12 647
-
79 403
-
Employer
34 717
-
200 041
-
pensions
5 645
-
11 218
-
accident
580
-
3 340
-
unemployment
851
-
4 901
-
total
7 076
-
19 459
-
Corporate
177 707
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.

159 937
197 550
-
-
total
159 937
197 550
-
-
Dividends
17 771
21 950
-
-
withholding
3 376
4 171
-
-
total
3 376
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
183 036
201 721
98 862
69 593
After tax
36 464
17 779
120 638
149 907
Living cost
22 070
22 070
22 070
22 070
Free-cash
14 394
-4 291
98 568
127 837

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽96298
₽71667
₽96812
₽99406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 960
municipal
-
-
-
38 977
national
-
-
-
42 138
total
-
-
-
84 075
Employee
52 914
-
184 655
-
municipal
8 667
-
30 058
-
unemployment
794
-
2 769
-
pensions
3 571
-
12 465
-
national
874
-
26 658
-
health
395
-
2 424
-
total
14 301
-
74 374
-
Employer
52 914
-
184 655
-
health
407
-
1 422
-
pensions
9 180
-
32 038
-
accident
53
-
185
-
unemployment
344
-
1 201
-
total
9 984
-
34 846
-
Corporate
156 602
219 500
-
-
income
31 320
43 900
-
-
total
31 320
43 900
-
-
Dividends

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

93 961
131 700
-
-
municipal
16 914
23 707
-
-
national
8 962
16 982
-
-
total
25 876
40 689
-
-
Income
219 500
219 500
219 500
219 500
Total tax
81 481
84 589
109 220
84 075
After tax
138 019
134 911
110 280
135 425
Living cost
38 613
38 613
38 613
38 613
Free-cash
99 406
96 298
71 667
96 812

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽136702
₽122806
₽124622
₽131230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 721
social contributions
-
-
-
16 273
health
-
-
-
5 598
total
-
-
-
71 592
Employee
77 337
77 337
207 012
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
48 744
-
health
599
1 315
3 519
-
total
11 944
14 893
60 920
-
Employer
77 337
77 337
207 012
-
health
651
1 431
3 831
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 488
-
Corporate
180 695
134 313
-
-
income
22 586
16 790
-
-
total
22 586
16 790
-
-
Dividends
158 109
117 523
-
-
withholding
26 879
19 979
-
-
total
26 879
19 979
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 984
59 512
73 408
71 592
After tax
154 516
159 988
146 092
147 908
Living cost
23 286
23 286
23 286
23 286
Free-cash
131 230
136 702
122 806
124 622

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽165799
₽150611
₽170783
₽160684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
22 682
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
32 749
Employee

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

23 085
-
209 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
20 189
-
health
1 962
-
8 112
-
total
7 117
-
43 092
-
Employer

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

23 085
-
209 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
194 038
219 500
-
-
income
17 464
19 756
-
-
total
17 464
19 756
-
-
Dividends
176 575
199 744
-
-
withholding
15 891
17 977
-
-
total
15 891
17 977
-
-
Income
219 500
219 500
219 500
219 500
Total tax
42 848
37 733
52 921
32 749
After tax
176 652
181 767
166 579
186 751
Living cost
15 968
15 968
15 968
15 968
Free-cash
160 684
165 799
150 611
170 783

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽118143
₽90832
₽95050
₽113702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
68 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 793
Employee
37 188
-
189 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
65 372
-
total
9 530
-
71 293
-
Employer
37 188
-
189 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
170 455
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.

25 568
32 925
-
-
total
25 568
32 925
-
-
Dividends
144 888
186 575
-
-
withholding
31 186
40 775
-
-
total
31 186
40 775
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 141
73 700
101 011
96 793
After tax
141 359
145 800
118 489
122 707
Living cost
27 657
27 657
27 657
27 657
Free-cash
113 702
118 143
90 832
95 050

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽135009
₽139426
₽139565
₽134688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 511
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
77 976
Employee
2 983
-
217 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
75 436
-
health
149
-
357
-
total
1 024
-
76 507
-
Employer
2 983
-
217 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
215 846
219 500
-
-
income
47 486
48 290
-
-
total
47 486
48 290
-
-
Dividends
168 360
171 210
-
-
withholding
33 672
34 242
-
-
total
33 672
34 242
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 853
82 532
78 115
77 976
After tax
136 647
136 968
141 385
141 524
Living cost
1 959
1 959
1 959
1 959
Free-cash
134 688
135 009
139 426
139 565

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽141196
₽123338
₽123337
₽136246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
50 674
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
78 770
Employee

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

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

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

26 227
-
206 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
50 674
-
health
1 351
-
3 828
-
total
8 835
-
65 465
-
Employer

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

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

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

26 227
-
206 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
188 578
219 500
-
-
income
28 287
32 925
-
-
total
28 287
32 925
-
-
Dividends
160 291
186 575
-
-
withholding
24 044
27 986
-
-
total
24 044
27 986
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 861
60 911
78 769
78 770
After tax
153 639
158 589
140 731
140 730
Living cost
17 393
17 393
17 393
17 393
Free-cash
136 246
141 196
123 338
123 337

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽97739
₽70830
₽87721
₽97377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 388
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
104 665
Employee
39 035
-
177 373
-
surtax
-
-
130
-
social contributions
4 294
-
19 512
-
income
7 627
-
59 787
-
total
11 921
-
79 429
-
Employer
39 035
-
177 373
-
social contributions
9 270
-
42 127
-
total
9 270
-
42 127
-
Corporate
171 195
219 500
-
-
income
35 950
46 094
-
-
surtax
-
-
-
-
total
35 950
46 094
-
-
Dividends
135 244
173 406
-
-
withholding
37 868
48 553
-
-
total
37 868
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 009
94 647
121 556
104 665
After tax
124 491
124 853
97 944
114 835
Living cost
27 114
27 114
27 114
27 114
Free-cash
97 377
97 739
70 830
87 721

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽110454
₽83143
₽87361
₽103874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
68 825
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
96 793
Employee
48 573
-
189 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
65 372
-
total
13 228
-
71 293
-
Employer
48 573
-
189 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
155 441
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.

23 315
32 925
-
-
total
23 315
32 925
-
-
Dividends
132 125
186 575
-
-
withholding
28 251
40 775
-
-
total
28 251
40 775
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 280
73 700
101 011
96 793
After tax
139 220
145 800
118 489
122 707
Living cost
35 346
35 346
35 346
35 346
Free-cash
103 874
110 454
83 143
87 361

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽170348
₽168919
₽159857
₽164211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
42 318
Employee
22 941
-
212 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
21 260
-
health
1 055
-
1 618
-
total
5 615
-
26 354
-
Employer
22 941
-
212 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
192 058
219 500
-
-
income
19 206
21 950
-
-
total
19 206
21 950
-
-
Dividends
172 852
197 550
-
-
withholding
8 642
9 877
-
-
total
8 642
9 877
-
-
Income
219 500
219 500
219 500
219 500
Total tax
37 964
31 827
33 256
42 318
After tax
181 536
187 673
186 244
177 182
Living cost
17 325
17 325
17 325
17 325
Free-cash
164 211
170 348
168 919
159 857

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽74067
₽97263
₽72474
₽87225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
72 546
surtax

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

-
-
-
3 991
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 871
trade
-
-
-
24 789
total
-
-
-
108 197
Employee

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

50 042
-
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
-
3 991
-
income

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

4 115
-
72 546
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 871
-
6 871
-
total
11 213
-
83 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 458
219 500
-
-
income
25 419
32 925
-
-
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.

1 397
1 811
-
-
chamber of commerce
401
475
-
-
trade
24 317
31 498
-
-
total
51 534
66 709
-
-
Dividends
117 924
152 791
-
-
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.

1 601
2 080
-
-
withholding
29 098
37 815
-
-
total
30 699
39 895
-
-
Income
219 500
219 500
219 500
219 500
Total tax
93 446
106 604
83 408
108 197
After tax
126 054
112 896
136 092
111 303
Living cost
38 829
38 829
38 829
38 829
Free-cash
87 225
74 067
97 263
72 474

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽96358
₽53433
₽53433
₽98578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 175
social contributions
-
-
-
37 600
total
-
-
-
108 775
Employee
78 672
-
219 500
-
income
14 845
-
71 175
-
social contributions
6 536
-
37 600
-
total
21 381
-
108 775
-
Employer
78 672
-
219 500
-
total
-
-
-
-
Corporate
140 828
219 500
-
-
income
17 603
27 438
-
-
total
17 603
27 438
-
-
Dividends
123 225
192 062
-
-
withholding
24 646
38 412
-
-
total
24 646
38 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 630
65 850
108 775
108 775
After tax
155 870
153 650
110 725
110 725
Living cost
57 292
57 292
57 292
57 292
Free-cash
98 578
96 358
53 433
53 433

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽100852
₽116977
₽143989
₽104365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 925
health

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

-
-
-
6 077
total
-
-
-
39 002
Employee
46 138
-
214 874
-
income
5 006
-
56 762
-
social contributions
4 623
-
4 626
-
total
9 629
-
61 388
-
Employer
46 138
-
214 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
168 740
219 500
-
-
income
59 060
76 825
-
-
total
59 060
76 825
-
-
Dividends
109 680
142 675
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 626
82 139
66 014
39 002
After tax
140 874
137 361
153 486
180 498
Living cost
36 509
36 509
36 509
36 509
Free-cash
104 365
100 852
116 977
143 989

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽101867
₽85534
₽105163
₽107787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
67 342
pensions
-
-
-
9 862
total
-
-
-
77 204
Employee
50 971
-
191 345
-
pensions
3 890
-
11 815
-
income
9 282
-
54 258
-
health
665
-
2 605
-
total
13 837
-
68 678
-
Employer
50 971
-
191 345
-
health
969
-
3 635
-
pensions
5 150
-
24 520
-
total
6 119
-
28 155
-
Corporate
162 411
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.

30 858
41 706
-
-
total
30 858
41 706
-
-
Dividends
131 552
177 794
-
-
withholding
23 766
38 794
-
-
total
23 766
38 794
-
-
Income
219 500
219 500
219 500
219 500
Total tax
74 580
80 500
96 833
77 204
After tax
144 920
139 000
122 667
142 296
Living cost
37 133
37 133
37 133
37 133
Free-cash
107 787
101 867
85 534
105 163

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽6476
₽96383
₽125652
₽14059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
62 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
69 593
Employee
38 154
-
200 041
-
pensions
4 296
-
7 768
-
income
5 234
-
48 730
-
health
4 368
-
22 905
-
total
13 898
-
79 403
-
Employer
38 154
-
200 041
-
pensions
6 204
-
11 218
-
accident
637
-
3 340
-
unemployment
935
-
4 901
-
total
7 776
-
19 459
-
Corporate
173 571
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.

156 214
197 550
-
-
total
156 214
197 550
-
-
Dividends
17 357
21 950
-
-
withholding
3 298
4 171
-
-
total
3 298
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
181 186
201 721
98 862
69 593
After tax
38 314
17 779
120 638
149 907
Living cost
24 255
24 255
24 255
24 255
Free-cash
14 059
-6 476
96 383
125 652

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽154329
₽146960
₽124839
₽151285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 830
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
81 072
Employee

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

21 742
-
219 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
36 830
-
total
8 153
-
58 951
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 758
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%.

19 776
21 950
-
-
total
19 776
21 950
-
-
Dividends
177 983
197 550
-
-
withholding
26 697
29 632
-
-
total
26 697
29 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
54 626
51 582
58 951
81 072
After tax
164 874
167 918
160 549
138 428
Living cost
13 589
13 589
13 589
13 589
Free-cash
151 285
154 329
146 960
124 839

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽75552
₽54311
₽62571
₽70976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
5 297
municipal
-
-
-
1 523
national
-
-
-
59 705
total
-
-
-
116 862
Employee
84 751
-
219 500
-
municipal
506
-
1 382
-
national
14 322
-
52 971
-
regional
1 280
-
4 776
-
social contributions
28 577
-
65 993
-
total
44 685
-
125 122
-
Employer
84 751
-
219 500
-
total
-
-
-
-
Corporate
134 749
219 500
-
-
municipal
6 495
10 579
-
-
nationa
32 339
52 679
-
-
total
38 834
63 258
-
-
Dividends
95 915
156 242
-
-
withholding
24 938
40 623
-
-
total
24 938
40 623
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 457
103 881
125 122
116 862
After tax
111 043
115 619
94 378
102 638
Living cost
40 067
40 067
40 067
40 067
Free-cash
70 976
75 552
54 311
62 571

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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