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
₽82337
₽106820
₽79086
₽92663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 954
surtax

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

-
-
-
4 068
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.

-
-
-
6 378
trade
-
-
-
27 734
total
-
-
-
112 134
Employee

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

35 710
-
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.

55
-
4 068
-
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.

998
-
73 954
-
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.

6 378
-
6 378
-
total
7 431
-
84 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 790
219 500
-
-
income
27 569
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.

1 517
1 811
-
-
chamber of commerce
406
457
-
-
trade
28 947
34 571
-
-
total
58 439
69 764
-
-
Dividends
125 351
149 736
-
-
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.

1 704
2 039
-
-
withholding
30 983
37 080
-
-
total
32 687
39 119
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 557
108 883
84 400
112 134
After tax
120 943
110 617
135 100
107 366
Living cost
28 280
28 280
28 280
28 280
Free-cash
92 663
82 337
106 820
79 086

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87162
₽76524
₽75345
₽86334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 375
national
-
-
-
41 274
pensions
-
-
-
26 340
total
-
-
-
94 349
Employee
77 208
-
189 756
-
municipal
9 536
-
25 225
-
pensions
3 088
-
7 590
-
national
14 778
-
43 135
-
total
27 402
-
75 950
-
Employer
77 208
-
189 756
-
pensions
6 177
-
15 180
-
social contributions
830
-
2 040
-
total
7 007
-
17 220
-
Corporate
130 189
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%.

26 038
43 900
-
-
total
26 038
43 900
-
-
Dividends
104 151
175 600
-
-
withholding
22 913
38 632
-
-
total
22 913
38 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
83 360
82 532
93 170
94 349
After tax
136 140
136 968
126 330
125 151
Living cost
49 806
49 806
49 806
49 806
Free-cash
86 334
87 162
76 524
75 345

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
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.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽156177
₽76508
₽61050
₽148518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 282
surtax
-
-
-
55 972
social contributions

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

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
139 026
Employee
27 282
-
173 598
-
surtax
-
-
25 172
-
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.

3 001
-
12 239
-
income
4 856
-
40 256
-
total
7 857
-
77 667
-
Employer
27 282
-
173 598
-
social contributions

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

6 572
-
26 805
-
surtax
-
-
19 096
-
total
6 572
-
45 901
-
Corporate
185 647
219 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

37 129
43 899
-
-
total
37 129
43 899
-
-
Dividends

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

148 517
175 601
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
51 558
43 899
123 568
139 026
After tax
167 942
175 601
95 932
80 474
Living cost
19 424
19 424
19 424
19 424
Free-cash
148 518
156 177
76 508
61 050

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70383
₽101251
₽78240
₽64661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 696
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
102 148
Employee
79 730
79 730
202 149
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
39 333
-
health
12 238
10 409
11 513
-
total
39 640
34 399
61 785
-
Employer
79 730
79 730
202 149
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
126 786
125 808
-
-
income
25 358
25 161
-
-
total
25 358
25 161
-
-
Dividends
101 429
100 647
-
-
income
21 554
21 387
-
-
withholding
15 214
15 097
-
-
total
36 768
36 484
-
-
Income
219 500
219 500
219 500
219 500
Total tax
115 727
110 005
79 137
102 148
After tax
103 773
109 495
140 363
117 352
Living cost
39 112
39 112
39 112
39 112
Free-cash
64 661
70 383
101 251
78 240

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82149
₽70825
₽71740
₽81303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
58 317
national
-
-
-
27 810
pensions
-
-
-
8 931
total
-
-
-
110 062
Employee
53 717
-
193 540
-
municipal
16 018
-
57 714
-
national
-
-
27 304
-
total
16 018
-
85 018
-
Employer
53 717
-
193 540
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
148 906
219 500
-
-
income
32 759
48 290
-
-
total
32 759
48 290
-
-
Dividends
116 146
171 210
-
-
withholding
34 844
51 363
-
-
total
34 844
51 363
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 499
99 653
110 977
110 062
After tax
119 001
119 847
108 523
109 438
Living cost
37 698
37 698
37 698
37 698
Free-cash
81 303
82 149
70 825
71 740

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72812
₽98422
₽69455
₽85929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 954
surtax

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

-
-
-
4 068
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.

-
-
-
6 378
trade
-
-
-
28 967
total
-
-
-
113 367
Employee

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

47 347
-
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.

223
-
4 068
-
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.

4 068
-
73 954
-
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.

6 378
-
6 378
-
total
10 669
-
84 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 153
219 500
-
-
income
25 824
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.

1 421
1 811
-
-
chamber of commerce
386
454
-
-
trade
28 318
36 107
-
-
total
55 949
71 297
-
-
Dividends
116 203
148 204
-
-
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.

1 579
2 018
-
-
withholding
28 696
36 695
-
-
total
30 275
38 713
-
-
Income
219 500
219 500
219 500
219 500
Total tax
96 893
110 010
84 400
113 367
After tax
122 607
109 490
135 100
106 133
Living cost
36 678
36 678
36 678
36 678
Free-cash
85 929
72 812
98 422
69 455

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129664
₽115208
₽116989
₽125792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 525
social contributions
-
-
-
15 106
health
-
-
-
5 597
total
-
-
-
72 228
Employee
71 793
71 793
207 622
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
50 565
-
health
714
1 221
3 529
-
total
11 742
13 825
62 131
-
Employer
71 793
71 793
207 622
-
health
778
1 329
3 841
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 878
-
Corporate
173 209
140 419
-
-
income
21 651
17 553
-
-
total
21 651
17 553
-
-
Dividends
151 558
122 866
-
-
withholding
25 765
20 888
-
-
total
25 765
20 888
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 425
59 553
74 009
72 228
After tax
156 075
159 947
145 491
147 272
Living cost
30 283
30 283
30 283
30 283
Free-cash
125 792
129 664
115 208
116 989

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106461
₽110523
₽135335
₽106808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 139
9 607
183 682
-
unemployment
362
144
2 755
-
pensions
2 414
961
18 368
-
income
2 951
1 174
22 455
-
health
1 690
672
12 858
-
total
7 417
2 951
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.

24 139
9 607
183 682
-
pensions
4 707
1 873
35 818
-
total
4 707
1 873
35 818
-
Corporate
190 653
208 019
-
-
income
17 159
18 722
-
-
total
17 159
18 722
-
-
Dividends
173 495
189 298
-
-
social contributions
33 722
36 803
-
-
withholding
32 964
35 967
-
-
total
66 686
72 770
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 969
96 316
92 254
67 442
After tax
123 531
123 184
127 246
152 058
Living cost
16 723
16 723
16 723
16 723
Free-cash
106 808
106 461
110 523
135 335

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153050
₽103966
₽95102
₽147248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 899
total
-
-
-
101 847
Employee
26 486
-
164 049
-
unemployment
423
-
2 624
-
pensions
530
-
3 281
-
income
2 982
-
31 628
-
total
3 935
-
37 533
-
Employer
26 486
-
164 049
-
health
3 443
-
21 327
-
pensions
5 298
-
32 810
-
unemployment
213
-
1 313
-
total
8 954
-
55 450
-
Corporate
184 061
219 500
-
-
income
36 812
43 899
-
-
total
36 812
43 899
-
-
Dividends
147 249
175 601
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
49 701
43 899
92 983
101 847
After tax
169 799
175 601
126 517
117 653
Living cost
22 551
22 551
22 551
22 551
Free-cash
147 248
153 050
103 966
95 102

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3061
₽100237
₽129022
₽14582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
63 041
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
69 638
Employee
32 783
-
200 791
-
pensions
3 691
-
7 227
-
income
4 498
-
49 496
-
health
3 754
-
22 991
-
total
11 943
-
79 714
-
Employer
32 783
-
200 791
-
pensions
5 331
-
10 436
-
accident
547
-
3 353
-
unemployment
803
-
4 920
-
total
6 681
-
18 709
-
Corporate
180 036
219 500
-
-
income

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

162 033
197 550
-
-
total
162 033
197 550
-
-
Dividends
18 003
21 950
-
-
withholding
3 421
4 171
-
-
total
3 421
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
184 078
201 721
98 423
69 638
After tax
35 422
17 779
121 077
149 862
Living cost
20 840
20 840
20 840
20 840
Free-cash
14 582
-3 061
100 237
129 022

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201002
₽168077
₽209782
₽199591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
microenterprise

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

-
-
-
2 195
total
-
-
-
2 195
Employee
9 404
-
219 500
-
income
1 881
-
43 900
-
total
1 881
-
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%.

210 096
219 500
-
-
total
-
-
-
-
Dividends
210 096
219 500
-
-
withholding
10 505
10 975
-
-
total
10 505
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
12 386
10 975
43 900
2 195
After tax
207 114
208 525
175 600
217 305
Living cost
7 523
7 523
7 523
7 523
Free-cash
199 591
201 002
168 077
209 782

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136389
₽106607
₽108399
₽130083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 158
other
-
-
-
6 743
health
-
-
-
6 247
pensions

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

-
-
-
34 075
total
-
-
-
86 223
Employee
33 900
-
183 391
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
38 561
-
health
475
-
1 988
-
total
9 021
-
51 906
-
Employer
33 900
-
183 391
-
health
475
-
1 988
-
pensions

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

5 764
-
24 137
-
accident
271
-
1 467
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
36 109
-
Corporate
177 057
219 500
-
-
income
37 183
46 095
-
-
total
37 183
46 095
-
-
Dividends
139 874
173 405
-
-
withholding
9 791
12 138
-
-
total
9 791
12 138
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 539
58 233
88 015
86 223
After tax
154 961
161 267
131 485
133 277
Living cost
24 878
24 878
24 878
24 878
Free-cash
130 083
136 389
106 607
108 399

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75107
₽59195
₽78758
₽82660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 501
pensions
-
-
-
9 524
total
-
-
-
78 025
Employee
88 735
-
191 243
-
pensions
8 561
-
11 316
-
income
15 995
-
55 456
-
health
1 462
-
2 561
-
total
26 018
-
69 333
-
Employer
88 735
-
191 243
-
health
1 685
-
3 633
-
pensions
10 477
-
24 622
-
total
12 162
-
28 255
-
Corporate
118 603
219 500
-
-
income

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

22 534
41 706
-
-
total
22 534
41 706
-
-
Dividends
96 068
177 794
-
-
withholding
13 409
39 970
-
-
total
13 409
39 970
-
-
Income
219 500
219 500
219 500
219 500
Total tax
74 123
81 676
97 588
78 025
After tax
145 377
137 824
121 912
141 475
Living cost
62 717
62 717
62 717
62 717
Free-cash
82 660
75 107
59 195
78 758

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽175429
₽174821
₽165622
₽171090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 634
Employee
16 213
-
213 100
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
21 310
-
health
746
-
1 501
-
total
3 969
-
26 034
-
Employer
16 213
-
213 100
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
200 106
219 500
-
-
income
20 010
21 950
-
-
total
20 010
21 950
-
-
Dividends
180 096
197 550
-
-
withholding
9 005
9 877
-
-
total
9 005
9 877
-
-
Income
219 500
219 500
219 500
219 500
Total tax
36 166
31 827
32 435
41 634
After tax
183 334
187 673
187 065
177 866
Living cost
12 244
12 244
12 244
12 244
Free-cash
171 090
175 429
174 821
165 622

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽57723
₽88591
₽65580
₽60071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 696
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
102 148
Employee
86 561
79 730
202 149
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
39 333
-
health
10 799
10 409
11 513
-
total
34 789
34 399
61 785
-
Employer
86 561
79 730
202 149
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
117 783
125 808
-
-
income
23 556
25 161
-
-
total
23 556
25 161
-
-
Dividends
94 227
100 647
-
-
income
20 023
21 387
-
-
withholding
14 133
15 097
-
-
total
34 156
36 484
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 657
110 005
79 137
102 148
After tax
111 843
109 495
140 363
117 352
Living cost
51 772
51 772
51 772
51 772
Free-cash
60 071
57 723
88 591
65 580

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128311
₽97825
₽107544
₽120171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 556
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
3 122
health
-
-
-
29 633
total
-
-
-
89 141
Employee
33 551
-
175 589
-
solidarity contribution
-
-
2 250
-
social contributions
2 181
-
7 308
-
income
4 026
-
21 686
-
health
4 529
-
23 705
-
total
10 736
-
54 949
-
Employer
33 551
-
175 589
-
health
3 020
-
15 803
-
social contributions
8 388
-
28 108
-
total
11 408
-
43 911
-
Corporate
174 541
219 500
-
-
income
33 163
41 705
-
-
total
33 163
41 705
-
-
Dividends
141 378
177 795
-
-
withholding
21 207
26 669
-
-
total
21 207
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 514
68 374
98 860
89 141
After tax
142 986
151 126
120 640
130 359
Living cost
22 815
22 815
22 815
22 815
Free-cash
120 171
128 311
97 825
107 544

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77714
₽59067
₽66982
₽72840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
2 821
municipal
-
-
-
1 382
national
-
-
-
62 189
total
-
-
-
113 121
Employee
82 977
-
219 500
-
municipal
439
-
1 265
-
national
14 378
-
55 940
-
regional
783
-
2 568
-
social contributions
27 980
-
61 263
-
total
43 580
-
121 036
-
Employer
82 977
-
219 500
-
total
-
-
-
-
Corporate
136 523
219 500
-
-
municipal
5 324
8 561
-
-
nationa
32 766
52 680
-
-
total
38 090
61 241
-
-
Dividends
98 433
158 258
-
-
withholding
25 593
41 148
-
-
total
25 593
41 148
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 263
102 389
121 036
113 121
After tax
112 237
117 111
98 464
106 379
Living cost
39 397
39 397
39 397
39 397
Free-cash
72 840
77 714
59 067
66 982

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117462
₽76832
₽82540
₽114557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 372
other
-
-
-
-
surtax
-
-
-
12 004
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
116 357
Employee
30 875
-
193 271
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
10 886
-
income
5 175
-
64 789
-
health
788
-
3 177
-
total
10 272
-
95 836
-
Employer
30 875
-
193 271
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
182 126
219 500
-
-
income
47 353
57 071
-
-
total
47 353
57 071
-
-
Dividends
134 773
162 429
-
-
withholding
20 216
24 364
-
-
total
20 216
24 364
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 340
81 435
122 065
116 357
After tax
135 160
138 065
97 435
103 143
Living cost
20 603
20 603
20 603
20 603
Free-cash
114 557
117 462
76 832
82 540

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94977
₽79065
₽98628
₽101175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 501
pensions
-
-
-
9 524
total
-
-
-
78 025
Employee
59 468
-
191 243
-
pensions
5 047
-
11 316
-
income
10 710
-
55 456
-
health
863
-
2 561
-
total
16 620
-
69 333
-
Employer
59 468
-
191 243
-
health
1 130
-
3 633
-
pensions
6 437
-
24 622
-
total
7 567
-
28 255
-
Corporate
152 465
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.

28 967
41 706
-
-
total
28 967
41 706
-
-
Dividends
123 498
177 794
-
-
withholding
22 324
39 970
-
-
total
22 324
39 970
-
-
Income
219 500
219 500
219 500
219 500
Total tax
75 478
81 676
97 588
78 025
After tax
144 022
137 824
121 912
141 475
Living cost
42 847
42 847
42 847
42 847
Free-cash
101 175
94 977
79 065
98 628

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26543
₽92248
₽100142
₽58133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
other

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

-
-
-
4 390
regional
-
-
-
12 371
health
-
-
-
493
city
-
-
-
2 313
national
-
-
-
5 768
pensions
-
-
-
20 194
total
-
-
-
45 529
Employee
86 398
-
197 629
-
unemployment
-
-
-
-
pensions
7 259
-
15 298
-
national
409
-
4 797
-
regional
2 829
-
11 047
-
city
927
-
2 139
-
health
195
-
446
-
total
11 619
-
33 727
-
Employer
86 398
-
197 629
-
health
195
-
446
-
pensions
7 259
-
15 298
-
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.

1 727
-
3 952
-
total
9 181
-
19 696
-
Corporate
122 970
219 500
-
-
regional
26 008
46 424
-
-
national
10 452
18 657
-
-
total
36 460
65 081
-
-
Dividends
86 510
154 419
-
-
withholding
30 278
54 047
-
-
total
30 278
54 047
-
-
Income
219 500
219 500
219 500
219 500
Total tax
87 538
119 128
53 423
45 529
After tax
131 962
100 372
166 077
173 971
Living cost
73 829
73 829
73 829
73 829
Free-cash
58 133
26 543
92 248
100 142

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65588
₽92329
₽62129
₽80730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 954
surtax

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

-
-
-
4 068
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.

-
-
-
6 378
trade
-
-
-
30 200
total
-
-
-
114 600
Employee

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

56 111
-
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.

363
-
4 068
-
income

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

6 598
-
73 954
-
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.

6 378
-
6 378
-
total
13 339
-
84 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 389
219 500
-
-
income
24 509
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.

1 348
1 811
-
-
chamber of commerce
372
450
-
-
trade
28 021
37 645
-
-
total
54 250
72 831
-
-
Dividends
109 139
146 669
-
-
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.

1 481
1 997
-
-
withholding
26 929
36 313
-
-
total
28 410
38 310
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 999
111 141
84 400
114 600
After tax
123 501
108 359
135 100
104 900
Living cost
42 771
42 771
42 771
42 771
Free-cash
80 730
65 588
92 329
62 129

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78687
₽80318
₽87351
₽84201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 254
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 999
pensions
-
-
-
33 895
total
-
-
-
100 206
Employee
39 959
-
167 013
-
pensions
4 518
-
12 801
-
surtax
-
-
-
-
social contributions
1 139
-
4 759
-
income
2 358
-
37 191
-
total
8 015
-
54 751
-
Employer
39 959
-
167 013
-
health
2 798
-
16 860
-
pensions
6 564
-
21 340
-
unemployment
1 618
-
6 765
-
social contributions
120
-
501
-
other
1 378
-
7 022
-
total
12 478
-
52 488
-
Corporate
167 062
219 500
-
-
income
46 777
61 459
-
-
surtax
-
-
-
-
total
46 777
61 459
-
-
Dividends
120 286
158 041
-
-
surtax
-
-
-
-
social contributions
20 689
27 183
-
-
withholding
15 397
20 228
-
-
total
36 086
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 356
108 870
107 239
100 206
After tax
116 144
110 630
112 261
119 294
Living cost
31 943
31 943
31 943
31 943
Free-cash
84 201
78 687
80 318
87 351

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽8662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81852
₽83483
₽90516
₽87039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 254
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 999
pensions
-
-
-
33 895
total
-
-
-
100 206
Employee
35 669
-
167 013
-
pensions
4 034
-
12 801
-
surtax
-
-
-
-
social contributions
1 017
-
4 759
-
income
1 839
-
37 191
-
total
6 890
-
54 751
-
Employer
35 669
-
167 013
-
health
2 496
-
16 860
-
pensions
5 861
-
21 340
-
unemployment
1 444
-
6 765
-
social contributions
106
-
501
-
other
1 231
-
7 022
-
total
11 138
-
52 488
-
Corporate
172 692
219 500
-
-
income
48 354
61 459
-
-
surtax
-
-
-
-
total
48 354
61 459
-
-
Dividends
124 338
158 041
-
-
surtax
-
-
-
-
social contributions
21 385
27 183
-
-
withholding
15 916
20 228
-
-
total
37 301
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 683
108 870
107 239
100 206
After tax
115 817
110 630
112 261
119 294
Living cost
28 778
28 778
28 778
28 778
Free-cash
87 039
81 852
83 483
90 516

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114117
₽115023
₽121166
₽114602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 290
health
-
-
-
15 321
total
-
-
-
78 536
Employee
31 656
-
219 500
-
social contributions
4 369
-
30 290
-
income
5 280
-
39 068
-
health
2 209
-
15 321
-
total
11 858
-
84 679
-
Employer
31 656
-
219 500
-
total
-
-
-
-
Corporate
187 844
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%.

9 392
10 974
-
-
total
9 392
10 974
-
-
Dividends
178 451
208 526
-
-
social contributions
24 626
28 777
-
-
withholding
26 768
31 279
-
-
health
12 456
14 555
-
-
total
63 850
74 611
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 100
85 585
84 679
78 536
After tax
134 400
133 915
134 821
140 964
Living cost
19 798
19 798
19 798
19 798
Free-cash
114 602
114 117
115 023
121 166

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88028
₽24484
₽79396
₽86581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 895
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
879
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
107 206
Employee
46 660
37 207
182 560
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
60 673
-
health
1 805
1 440
4 220
-
total
13 761
9 481
80 425
-
Employer
46 660
37 207
182 560
-
chamber of commerce
186
149
730
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
5 477
-
other
2 216
1 766
8 046
-
total
13 611
10 892
36 938
-
Corporate
159 229
171 400
179 018
-
income

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

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

39 807
42 850
44 755
-
total
39 807
42 850
44 755
-
Dividends
119 423
128 549
-
-
withholding
32 842
35 351
-
-
total
32 842
35 351
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 021
98 574
162 118
107 206
After tax
119 479
120 926
57 382
112 294
Living cost
32 898
32 898
32 898
32 898
Free-cash
86 581
88 028
24 484
79 396

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85884
₽40166
₽61477
₽74601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 773
social contributions
-
-
-
23 277
national
-
-
-
88 931
total
-
-
-
123 981
Employee

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

66 785
-
170 009
-
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.

581
-
1 479
-
communal

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

3 483
-
8 868
-
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.

5 009
-
12 751
-
national
20 532
-
64 714
-
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.

3 138
-
7 989
-
total
32 743
-
95 801
-
Employer

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

66 785
-
170 009
-
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.

4 107
-
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.

5 918
-
15 062
-
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.

868
-
2 211
-
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.

974
-
2 482
-
surtax
7 573
-
19 281
-
total
19 440
-
49 491
-
Corporate
133 275
219 500
-
-
income
26 655
47 709
-
-
surtax
533
955
-
-
total
27 188
48 664
-
-
Dividends
106 087
170 836
-
-
withholding

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

31 486
50 910
-
-
total
31 486
50 910
-
-
Income
219 500
219 500
219 500
219 500
Total tax
110 857
99 574
145 292
123 981
After tax
108 643
119 926
74 208
95 519
Living cost
34 042
34 042
34 042
34 042
Free-cash
74 601
85 884
40 166
61 477

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
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.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111929
₽84932
₽88848
₽105533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
70 971
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
96 934
Employee
46 475
-
191 912
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
67 766
-
total
12 758
-
73 262
-
Employer
46 475
-
191 912
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
158 211
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.

23 731
32 925
-
-
total
23 731
32 925
-
-
Dividends
134 480
186 575
-
-
withholding
28 946
40 928
-
-
total
28 946
40 928
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 249
73 853
100 850
96 934
After tax
139 251
145 647
118 650
122 566
Living cost
33 718
33 718
33 718
33 718
Free-cash
105 533
111 929
84 932
88 848

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
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.
₽6010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72739
₽60369
₽51621
₽59894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 873
accident
-
-
-
1 852
income
-
-
-
42 212
surtax
-
-
-
10 882
health
-
-
-
15 422
pensions
-
-
-
32 900
total
-
-
-
117 141
Employee
70 705
-
196 068
-
pensions
5 656
-
15 686
-
surtax
4 334
-
12 016
-
income
6 829
-
48 532
-
health
3 147
-
8 726
-
total
19 966
-
84 960
-
Employer
70 705
-
196 068
-
health
2 156
-
5 982
-
pensions
5 656
-
15 686
-
accident
636
-
1 765
-
total
8 448
-
23 433
-
Corporate
140 347
219 500
-
-
communal
9 474
14 816
-
-
income
21 052
32 925
-
-
surtax
1 474
2 305
-
-
total
32 000
50 046
-
-
Dividends
108 347
169 454
-
-
income
32 201
20 559
-
-
withholding
16 253
25 418
-
-
total
48 454
45 977
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 868
96 023
108 393
117 141
After tax
110 632
123 477
111 107
102 359
Living cost
50 738
50 738
50 738
50 738
Free-cash
59 894
72 739
60 369
51 621

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Luxembourg model

Close
Athens , Greece
₽117094
₽76464
₽82172
₽114123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 372
other
-
-
-
-
surtax
-
-
-
12 004
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
116 357
Employee
31 442
-
193 271
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
10 886
-
income
5 271
-
64 789
-
health
803
-
3 177
-
total
10 472
-
95 836
-
Employer
31 442
-
193 271
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
181 439
219 500
-
-
income
47 174
57 071
-
-
total
47 174
57 071
-
-
Dividends
134 265
162 429
-
-
withholding
20 140
24 364
-
-
total
20 140
24 364
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 406
81 435
122 065
116 357
After tax
135 094
138 065
97 435
103 143
Living cost
20 971
20 971
20 971
20 971
Free-cash
114 123
117 094
76 464
82 172

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90223
₽72670
₽80542
₽88152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
3 507
municipal
-
-
-
1 382
national
-
-
-
62 189
total
-
-
-
113 807
Employee
51 791
-
219 500
-
municipal
275
-
1 265
-
national
8 205
-
55 940
-
regional
697
-
3 211
-
social contributions
17 464
-
61 263
-
total
26 641
-
121 679
-
Employer
51 791
-
219 500
-
total
-
-
-
-
Corporate
167 709
219 500
-
-
municipal
8 334
10 909
-
-
nationa
40 250
52 680
-
-
total
48 584
63 589
-
-
Dividends
119 125
155 911
-
-
withholding
30 972
40 537
-
-
total
30 972
40 537
-
-
Income
219 500
219 500
219 500
219 500
Total tax
106 197
104 126
121 679
113 807
After tax
113 303
115 374
97 821
105 693
Living cost
25 151
25 151
25 151
25 151
Free-cash
88 152
90 223
72 670
80 542

Estimated living cost  is ₽25151 per week

₽15641
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.
₽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.
₽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 Naples model

Close
Prague , Czech Republic
₽123012
₽92526
₽102245
₽112983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 556
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
3 122
health
-
-
-
29 633
total
-
-
-
89 141
Employee
41 344
-
175 589
-
solidarity contribution
-
-
2 250
-
social contributions
2 687
-
7 308
-
income
4 961
-
21 686
-
health
5 581
-
23 705
-
total
13 229
-
54 949
-
Employer
41 344
-
175 589
-
health
3 721
-
15 803
-
social contributions
10 336
-
28 108
-
total
14 057
-
43 911
-
Corporate
164 099
219 500
-
-
income
31 179
41 705
-
-
total
31 179
41 705
-
-
Dividends
132 920
177 795
-
-
withholding
19 938
26 669
-
-
total
19 938
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 403
68 374
98 860
89 141
After tax
141 097
151 126
120 640
130 359
Living cost
28 114
28 114
28 114
28 114
Free-cash
112 983
123 012
92 526
102 245

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91237
₽27635
₽82691
₽90775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 895
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
879
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
107 022
Employee
40 813
37 207
182 732
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
60 760
-
health
1 579
1 440
4 220
-
total
11 027
9 481
80 512
-
Employer
40 813
37 207
182 732
-
chamber of commerce
163
149
732
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
5 482
-
other
1 938
1 766
8 053
-
total
11 744
10 708
36 768
-
Corporate
166 942
171 584
179 188
-
income

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

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

41 736
42 897
44 798
-
total
41 736
42 897
44 798
-
Dividends
125 206
128 687
-
-
withholding
34 431
35 390
-
-
total
34 431
35 390
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 938
98 476
162 078
107 022
After tax
120 562
121 024
57 422
112 478
Living cost
29 787
29 787
29 787
29 787
Free-cash
90 775
91 237
27 635
82 691

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196801
₽163876
₽205581
₽194603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 655
-
219 500
-
income
2 931
-
43 900
-
total
2 931
-
43 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

204 845
219 500
-
-
total
-
-
-
-
Dividends
204 845
219 500
-
-
withholding
10 242
10 975
-
-
total
10 242
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
13 173
10 975
43 900
2 195
After tax
206 327
208 525
175 600
217 305
Living cost
11 724
11 724
11 724
11 724
Free-cash
194 603
196 801
163 876
205 581

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126084
₽71099
₽75863
₽118272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 577
unemployment
-
-
-
330
health
-
-
-
21 600
pensions
-
-
-
40 087
total
-
-
-
118 594
Employee

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

41 286
-
189 929
-
unemployment
58
-
266
-
pensions
6 400
-
29 438
-
income
7 120
-
51 813
-
health
2 667
-
12 270
-
total
16 245
-
93 787
-
Employer

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

41 286
-
189 929
-
health
2 750
-
12 649
-
pensions
3 653
-
16 809
-
unemployment
25
-
113
-
total
6 428
-
29 571
-
Corporate
171 786
219 500
-
-
income
32 640
41 704
-
-
total
32 640
41 704
-
-
Dividends
139 146
177 796
-
-
withholding
20 872
26 669
-
-
total
20 872
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 185
68 373
123 358
118 594
After tax
143 315
151 127
96 142
100 906
Living cost
25 043
25 043
25 043
25 043
Free-cash
118 272
126 084
71 099
75 863

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
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.
₽5767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93659
₽167455
₽111807
₽49689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
81 672
219 500
-
-
income
17 968
48 290
-
-
total
17 968
48 290
-
-
Dividends
63 704
171 210
-
-
income
14 015
37 666
-
-
total
14 015
37 666
-
-
Income
219 500
219 500
219 500
219 500
Total tax
129 926
85 956
12 160
67 808
After tax
89 574
133 544
207 340
151 692
Living cost
39 885
39 885
39 885
39 885
Free-cash
49 689
93 659
167 455
111 807

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95565
₽67241
₽84734
₽94624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 203
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
105 480
Employee
42 941
-
177 374
-
surtax
-
-
402
-
social contributions
4 724
-
19 511
-
income
8 932
-
60 934
-
total
13 656
-
80 847
-
Employer
42 941
-
177 374
-
social contributions
10 198
-
42 126
-
total
10 198
-
42 126
-
Corporate
166 361
219 500
-
-
income
34 936
46 095
-
-
surtax
-
-
-
-
total
34 936
46 095
-
-
Dividends
131 425
173 405
-
-
withholding
36 800
48 554
-
-
total
36 800
48 554
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 590
94 649
122 973
105 480
After tax
123 910
124 851
96 527
114 020
Living cost
29 286
29 286
29 286
29 286
Free-cash
94 624
95 565
67 241
84 734

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65536
₽67167
₽74200
₽71953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 254
other
-
-
-
6 804
surtax
-
-
-
-
social contributions
-
-
-
6 254
health
-
-
-
10 999
pensions
-
-
-
33 895
total
-
-
-
100 206
Employee
58 476
-
167 013
-
pensions
6 614
-
12 801
-
surtax
-
-
-
-
social contributions
1 665
-
4 759
-
income
5 102
-
37 191
-
total
13 381
-
54 751
-
Employer
58 476
-
167 013
-
health
4 093
-
16 860
-
pensions
9 608
-
21 340
-
unemployment
2 369
-
6 765
-
social contributions
175
-
501
-
other
2 018
-
7 022
-
total
18 263
-
52 488
-
Corporate
142 760
219 500
-
-
income
39 973
61 459
-
-
surtax
-
-
-
-
total
39 973
61 459
-
-
Dividends
102 787
158 041
-
-
surtax
-
-
-
-
social contributions
17 679
27 183
-
-
withholding
13 157
20 228
-
-
total
30 836
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
102 453
108 870
107 239
100 206
After tax
117 047
110 630
112 261
119 294
Living cost
45 094
45 094
45 094
45 094
Free-cash
71 953
65 536
67 167
74 200

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169484
₽137527
₽131694
₽166348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 451
social contributions
-
-
-
48 290
total
-
-
-
59 741
Employee
30 016
-
190 044
-
income
-
-
12 099
-
social contributions
1 951
-
12 353
-
total
1 951
-
24 452
-
Employer
30 016
-
190 044
-
social contributions
4 653
-
29 456
-
total
4 653
-
29 456
-
Corporate
184 831
219 500
-
-
income
18 483
21 951
-
-
total
18 483
21 951
-
-
Dividends
166 348
197 549
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
25 087
21 951
53 908
59 741
After tax
194 413
197 549
165 592
159 759
Living cost
28 065
28 065
28 065
28 065
Free-cash
166 348
169 484
137 527
131 694

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16067
₽16067
₽81310
₽9148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 495
municipal
-
-
-
47 357
national
-
-
-
27 562
pensions
-
-
-
809
total
-
-
-
93 223
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
16 066
-
-
-
income
3 535
-
-
-
total
3 535
-
-
-
Dividends
12 532
-
-
-
withholding
3 384
-
-
-
total
3 384
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
165 385
158 466
158 466
93 223
After tax
54 115
61 034
61 034
126 277
Living cost
44 967
44 967
44 967
44 967
Free-cash
9 148
16 067
16 067
81 310

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2754
₽100544
₽129329
₽14630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
63 041
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
69 638
Employee
32 300
-
200 791
-
pensions
3 637
-
7 227
-
income
4 431
-
49 496
-
health
3 699
-
22 991
-
total
11 767
-
79 714
-
Employer
32 300
-
200 791
-
pensions
5 252
-
10 436
-
accident
539
-
3 353
-
unemployment
791
-
4 920
-
total
6 582
-
18 709
-
Corporate
180 618
219 500
-
-
income

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

162 556
197 550
-
-
total
162 556
197 550
-
-
Dividends
18 062
21 950
-
-
withholding
3 432
4 171
-
-
total
3 432
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
184 337
201 721
98 423
69 638
After tax
35 163
17 779
121 077
149 862
Living cost
20 533
20 533
20 533
20 533
Free-cash
14 630
-2 754
100 544
129 329

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98279
₽72594
₽97732
₽101163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 991
municipal
-
-
-
38 972
national
-
-
-
43 960
total
-
-
-
85 923
Employee
49 121
-
184 656
-
municipal
8 046
-
30 055
-
unemployment
737
-
2 769
-
pensions
3 315
-
12 464
-
national
811
-
28 478
-
health
367
-
2 454
-
total
13 276
-
76 220
-
Employer
49 121
-
184 656
-
health
377
-
1 421
-
pensions
8 522
-
32 037
-
accident
50
-
184
-
unemployment
319
-
1 199
-
total
9 268
-
34 841
-
Corporate
161 110
219 500
-
-
income
32 222
43 899
-
-
total
32 222
43 899
-
-
Dividends

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

96 667
131 700
-
-
municipal
17 401
23 706
-
-
national
10 325
17 771
-
-
total
27 726
41 477
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 492
85 376
111 061
85 923
After tax
137 008
134 124
108 439
133 577
Living cost
35 845
35 845
35 845
35 845
Free-cash
101 163
98 279
72 594
97 732

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138330
₽123874
₽125655
₽133252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 525
social contributions
-
-
-
15 106
health
-
-
-
5 597
total
-
-
-
72 228
Employee
71 793
71 793
207 622
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
50 565
-
health
556
1 221
3 529
-
total
11 087
13 825
62 131
-
Employer
71 793
71 793
207 622
-
health
604
1 329
3 841
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 878
-
Corporate
183 477
140 419
-
-
income
22 934
17 553
-
-
total
22 934
17 553
-
-
Dividends
160 543
122 866
-
-
withholding
27 292
20 888
-
-
total
27 292
20 888
-
-
Income
219 500
219 500
219 500
219 500
Total tax
64 631
59 553
74 009
72 228
After tax
154 869
159 947
145 491
147 272
Living cost
21 617
21 617
21 617
21 617
Free-cash
133 252
138 330
123 874
125 655

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
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.
₽6063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166945
₽153818
₽172544
₽162196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 787
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
32 132
Employee

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

21 431
-
210 375
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
20 473
-
health
1 821
-
7 530
-
total
6 606
-
41 734
-
Employer

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

21 431
-
210 375
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
195 864
219 500
-
-
income
17 627
19 755
-
-
total
17 627
19 755
-
-
Dividends
178 236
199 745
-
-
withholding
16 042
17 976
-
-
total
16 042
17 976
-
-
Income
219 500
219 500
219 500
219 500
Total tax
42 480
37 731
50 858
32 132
After tax
177 020
181 769
168 642
187 368
Living cost
14 824
14 824
14 824
14 824
Free-cash
162 196
166 945
153 818
172 544

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119973
₽92976
₽96892
₽115848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
70 971
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
96 934
Employee
34 523
-
191 912
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
67 766
-
total
8 848
-
73 262
-
Employer
34 523
-
191 912
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
173 971
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.

26 097
32 925
-
-
total
26 097
32 925
-
-
Dividends
147 875
186 575
-
-
withholding
32 027
40 928
-
-
total
32 027
40 928
-
-
Income
219 500
219 500
219 500
219 500
Total tax
77 978
73 853
100 850
96 934
After tax
141 522
145 647
118 650
122 566
Living cost
25 674
25 674
25 674
25 674
Free-cash
115 848
119 973
92 976
96 892

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135077
₽139538
₽139674
₽134765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 556
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
77 935
Employee
2 880
-
217 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
75 484
-
health
144
-
345
-
total
989
-
76 519
-
Employer
2 880
-
217 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
215 972
219 500
-
-
income
47 514
48 290
-
-
total
47 514
48 290
-
-
Dividends
168 458
171 210
-
-
withholding
33 692
34 242
-
-
total
33 692
34 242
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 844
82 532
78 071
77 935
After tax
136 656
136 968
141 429
141 565
Living cost
1 891
1 891
1 891
1 891
Free-cash
134 765
135 077
139 538
139 674

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142443
₽126297
₽126297
₽137848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 975
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
77 057
Employee

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

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

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

24 348
-
207 149
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
50 975
-
health
1 254
-
3 554
-
total
8 202
-
64 706
-
Employer

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

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

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

24 348
-
207 149
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
190 794
219 500
-
-
income
28 619
32 925
-
-
total
28 619
32 925
-
-
Dividends
162 175
186 575
-
-
withholding
24 326
27 986
-
-
total
24 326
27 986
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 506
60 911
77 057
77 057
After tax
153 994
158 589
142 443
142 443
Living cost
16 147
16 147
16 147
16 147
Free-cash
137 848
142 443
126 297
126 297

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99680
₽71356
₽88849
₽99343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 203
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
105 480
Employee
36 237
-
177 374
-
surtax
-
-
402
-
social contributions
3 987
-
19 511
-
income
7 081
-
60 934
-
total
11 068
-
80 847
-
Employer
36 237
-
177 374
-
social contributions
8 606
-
42 126
-
total
8 606
-
42 126
-
Corporate
174 657
219 500
-
-
income
36 678
46 095
-
-
surtax
-
-
-
-
total
36 678
46 095
-
-
Dividends
137 980
173 405
-
-
withholding
38 634
48 554
-
-
total
38 634
48 554
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 986
94 649
122 973
105 480
After tax
124 514
124 851
96 527
114 020
Living cost
25 171
25 171
25 171
25 171
Free-cash
99 343
99 680
71 356
88 849

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112834
₽85837
₽89753
₽106727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
780
income
-
-
-
70 971
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
96 934
Employee
45 091
-
191 912
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
67 766
-
total
12 279
-
73 262
-
Employer
45 091
-
191 912
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
160 033
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.

24 004
32 925
-
-
total
24 004
32 925
-
-
Dividends
136 029
186 575
-
-
withholding
29 302
40 928
-
-
total
29 302
40 928
-
-
Income
219 500
219 500
219 500
219 500
Total tax
79 960
73 853
100 850
96 934
After tax
139 540
145 647
118 650
122 566
Living cost
32 813
32 813
32 813
32 813
Free-cash
106 727
112 834
85 837
89 753

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171609
₽171001
₽161802
₽165917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 634
Employee
21 272
-
213 100
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
21 310
-
health
979
-
1 501
-
total
5 208
-
26 034
-
Employer
21 272
-
213 100
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
194 055
219 500
-
-
income
19 405
21 950
-
-
total
19 405
21 950
-
-
Dividends
174 650
197 550
-
-
withholding
8 732
9 877
-
-
total
8 732
9 877
-
-
Income
219 500
219 500
219 500
219 500
Total tax
37 519
31 827
32 435
41 634
After tax
181 981
187 673
187 065
177 866
Living cost
16 064
16 064
16 064
16 064
Free-cash
165 917
171 609
171 001
161 802

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76828
₽99054
₽73785
₽89044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
73 954
surtax

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

-
-
-
4 068
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.

-
-
-
6 378
trade
-
-
-
25 269
total
-
-
-
109 669
Employee

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

46 455
-
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.

211
-
4 068
-
income

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

3 820
-
73 954
-
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.

6 378
-
6 378
-
total
10 409
-
84 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 045
219 500
-
-
income
25 957
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.

1 428
1 811
-
-
chamber of commerce
395
464
-
-
trade
24 831
31 499
-
-
total
52 611
66 699
-
-
Dividends
120 434
152 801
-
-
surtax

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

1 637
2 082
-
-
withholding
29 753
37 845
-
-
total
31 390
39 927
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 410
106 626
84 400
109 669
After tax
125 090
112 874
135 100
109 831
Living cost
36 046
36 046
36 046
36 046
Free-cash
89 044
76 828
99 054
73 785

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
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.
₽6779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100465
₽56052
₽56052
₽102527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
72 368
social contributions
-
-
-
37 895
total
-
-
-
110 263
Employee
73 032
-
219 500
-
income
13 781
-
72 368
-
social contributions
6 067
-
37 895
-
total
19 848
-
110 263
-
Employer
73 032
-
219 500
-
total
-
-
-
-
Corporate
146 468
219 500
-
-
income
18 308
27 438
-
-
total
18 308
27 438
-
-
Dividends
128 160
192 062
-
-
withholding
25 632
38 412
-
-
total
25 632
38 412
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 788
65 850
110 263
110 263
After tax
155 712
153 650
109 237
109 237
Living cost
53 185
53 185
53 185
53 185
Free-cash
102 527
100 465
56 052
56 052

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103851
₽118817
₽147026
₽107113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 657
total
-
-
-
38 582
Employee
42 830
-
215 205
-
income
4 647
-
58 201
-
social contributions
4 291
-
4 295
-
total
8 938
-
62 496
-
Employer
42 830
-
215 205
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
172 378
219 500
-
-
income
60 333
76 824
-
-
total
60 333
76 824
-
-
Dividends
112 046
142 676
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 495
81 757
66 791
38 582
After tax
141 005
137 743
152 709
180 918
Living cost
33 892
33 892
33 892
33 892
Free-cash
107 113
103 851
118 817
147 026

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102991
₽87079
₽106642
₽108544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 501
pensions
-
-
-
9 524
total
-
-
-
78 025
Employee
47 813
-
191 243
-
pensions
3 649
-
11 316
-
income
8 707
-
55 456
-
health
624
-
2 561
-
total
12 980
-
69 333
-
Employer
47 813
-
191 243
-
health
909
-
3 633
-
pensions
4 831
-
24 622
-
total
5 740
-
28 255
-
Corporate
165 948
219 500
-
-
income

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

31 530
41 706
-
-
total
31 530
41 706
-
-
Dividends
134 417
177 794
-
-
withholding
25 873
39 970
-
-
total
25 873
39 970
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 123
81 676
97 588
78 025
After tax
143 377
137 824
121 912
141 475
Living cost
34 833
34 833
34 833
34 833
Free-cash
108 544
102 991
87 079
106 642

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4787
₽98511
₽127296
₽14316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239
income
-
-
-
63 041
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
69 638
Employee
35 497
-
200 791
-
pensions
3 997
-
7 227
-
income
4 870
-
49 496
-
health
4 064
-
22 991
-
total
12 931
-
79 714
-
Employer
35 497
-
200 791
-
pensions
5 772
-
10 436
-
accident
593
-
3 353
-
unemployment
870
-
4 920
-
total
7 235
-
18 709
-
Corporate
176 769
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.

159 093
197 550
-
-
total
159 093
197 550
-
-
Dividends
17 677
21 950
-
-
withholding
3 359
4 171
-
-
total
3 359
4 171
-
-
Income
219 500
219 500
219 500
219 500
Total tax
182 618
201 721
98 423
69 638
After tax
36 882
17 779
121 077
149 862
Living cost
22 566
22 566
22 566
22 566
Free-cash
14 316
-4 787
98 511
127 296

Estimated living cost  is ₽22566 per week

₽16561
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.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155305
₽149332
₽128798
₽152480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 022
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
78 089
Employee

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

20 181
-
219 500
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
37 022
-
total
7 567
-
57 555
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 319
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%.

19 932
21 950
-
-
total
19 932
21 950
-
-
Dividends
179 387
197 550
-
-
withholding
26 908
29 632
-
-
total
26 908
29 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
54 407
51 582
57 555
78 089
After tax
165 093
167 918
161 945
141 411
Living cost
12 613
12 613
12 613
12 613
Free-cash
152 480
155 305
149 332
128 798

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78424
₽58720
₽66390
₽74175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 729
regional
-
-
-
5 442
municipal
-
-
-
1 556
national
-
-
-
62 189
total
-
-
-
115 916
Employee
78 675
-
219 500
-
municipal
470
-
1 425
-
national
13 295
-
55 940
-
regional
1 188
-
4 958
-
social contributions
26 529
-
61 263
-
total
41 482
-
123 586
-
Employer
78 675
-
219 500
-
total
-
-
-
-
Corporate
140 825
219 500
-
-
municipal
6 788
10 579
-
-
nationa
33 798
52 680
-
-
total
40 586
63 259
-
-
Dividends
100 238
156 240
-
-
withholding
26 063
40 623
-
-
total
26 063
40 623
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 131
103 882
123 586
115 916
After tax
111 369
115 618
95 914
103 584
Living cost
37 194
37 194
37 194
37 194
Free-cash
74 175
78 424
58 720
66 390

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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