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
₽79864
₽91102
₽78329
₽105460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
trade
-
-
-
27 131
income

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

-
-
-
72 343
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.

-
-
-
6 941
surtax

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

-
-
-
3 980
total
-
-
-
110 395
Employee

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

38 862
-
219 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
3 980
-
income

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

1 086
-
72 343
-
total
8 087
-
83 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 638
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.

1 490
1 811
-
-
income
27 097
32 925
-
-
trade
28 450
34 572
-
-
chamber of commerce
415
470
-
-
total
57 452
69 778
-
-
Dividends
123 186
149 721
-
-
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.

1 672
2 038
-
-
withholding
30 411
37 044
-
-
total
32 083
39 082
-
-
Income
219 500
219 500
219 500
219 500
Total tax
97 622
108 860
83 264
110 395
After tax
121 878
110 640
136 236
109 105
Living cost
30 776
30 776
30 776
30 776
Free-cash
91 102
79 864
105 460
78 329

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85701
₽84849
₽74354
₽75533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
24 339
pensions
-
-
-
26 340
national
-
-
-
40 840
social contributions
-
-
-
2 360
total
-
-
-
93 879
Employee
79 474
-
189 756
-
municipal
9 816
-
25 189
-
pensions
3 179
-
7 590
-
national
15 211
-
42 701
-
total
28 206
-
75 480
-
Employer
79 474
-
189 756
-
social contributions
854
-
2 040
-
pensions
6 358
-
15 180
-
total
7 212
-
17 220
-
Corporate
127 569
219 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

25 514
43 900
-
-
total
25 514
43 900
-
-
Dividends
102 055
175 600
-
-
withholding
22 452
38 632
-
-
total
22 452
38 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
83 384
82 532
92 700
93 879
After tax
136 116
136 968
126 800
125 621
Living cost
51 267
51 267
51 267
51 267
Free-cash
84 849
85 701
75 533
74 354

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154461
₽146128
₽58089
₽73818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
45 370
surtax
-
-
-
55 973
social contributions

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

-
-
-
38 930
total
-
-
-
140 273
Employee
29 690
-
171 467
-
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.

3 266
-
13 320
-
surtax
-
-
24 862
-
income
5 285
-
38 330
-
total
8 551
-
76 512
-
Employer
29 690
-
171 467
-
social contributions

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

7 152
-
29 171
-
surtax
-
-
18 861
-
total
7 152
-
48 032
-
Corporate
182 659
219 500
-
-
income

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

36 531
43 901
-
-
total
36 531
43 901
-
-
Dividends

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

146 127
175 599
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
52 234
43 901
124 544
140 273
After tax
167 266
175 599
94 956
79 227
Living cost
21 138
21 138
21 138
21 138
Free-cash
146 128
154 461
73 818
58 089

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66712
₽60489
₽75798
₽97834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 704
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
101 138
Employee
86 768
86 768
200 617
-
health
13 318
11 328
12 529
-
income

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

14 202
14 202
35 786
-
pensions
15 618
11 905
11 905
-
total
43 138
37 435
60 220
-
Employer
86 768
86 768
200 617
-
unemployment
3 124
3 124
3 881
-
pensions
6 039
6 039
7 506
-
health
6 031
6 031
7 495
-
total
15 194
15 194
18 882
-
Corporate
118 603
117 538
-
-
income
23 720
23 508
-
-
total
23 720
23 508
-
-
Dividends
94 882
94 030
-
-
income
20 163
19 982
-
-
withholding
14 232
14 105
-
-
total
34 395
34 087
-
-
Income
219 500
219 500
219 500
219 500
Total tax
116 447
110 224
79 102
101 138
After tax
103 053
109 276
140 398
118 362
Living cost
42 564
42 564
42 564
42 564
Free-cash
60 489
66 712
97 834
75 798

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80705
₽79825
₽70688
₽69739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
58 044
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
26 774
total
-
-
-
109 670
Employee
55 773
-
192 547
-
municipal
16 632
-
57 417
-
national
-
-
26 248
-
total
16 632
-
83 665
-
Employer
55 773
-
192 547
-
accident
112
-
172
-
other
6 481
-
9 968
-
unemployment
1 472
-
2 265
-
pensions
6 029
-
9 273
-
health
3 430
-
5 276
-
total
17 524
-
26 954
-
Corporate
146 203
219 500
-
-
income
32 165
48 290
-
-
total
32 165
48 290
-
-
Dividends
114 038
171 210
-
-
withholding
34 212
51 363
-
-
total
34 212
51 363
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 533
99 653
110 619
109 670
After tax
118 967
119 847
108 881
109 830
Living cost
39 142
39 142
39 142
39 142
Free-cash
79 825
80 705
69 739
70 688

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
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.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69596
₽83875
₽67985
₽96321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
trade
-
-
-
28 336
income

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

-
-
-
72 343
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.

-
-
-
6 941
surtax

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

-
-
-
3 980
total
-
-
-
111 600
Employee

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

51 527
-
219 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
3 980
-
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.

4 427
-
72 343
-
total
11 611
-
83 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 973
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.

1 386
1 811
-
-
income
25 195
32 925
-
-
trade
27 631
36 107
-
-
chamber of commerce
393
467
-
-
total
54 605
71 310
-
-
Dividends
113 368
148 190
-
-
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.

1 537
2 017
-
-
withholding
27 957
36 662
-
-
total
29 494
38 679
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 710
109 989
83 264
111 600
After tax
123 790
109 511
136 236
107 900
Living cost
39 915
39 915
39 915
39 915
Free-cash
83 875
69 596
96 321
67 985

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127038
₽122826
₽115044
₽113224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
49 463
health
-
-
-
5 597
social contributions
-
-
-
16 440
total
-
-
-
71 500
Employee
78 130
78 130
206 926
-
social contributions
3 797
6 484
8 746
-
health
777
1 329
3 517
-
income
8 204
7 233
48 484
-
total
12 778
15 046
60 747
-
Employer
78 130
78 130
206 926
-
social contributions
3 797
6 484
8 746
-
health
846
1 446
3 827
-
total
4 643
7 930
12 573
-
Corporate
169 123
133 439
-
-
income
21 140
16 681
-
-
total
21 140
16 681
-
-
Dividends
147 983
116 758
-
-
withholding
25 157
19 849
-
-
total
25 157
19 849
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 718
59 506
73 320
71 500
After tax
155 782
159 994
146 180
148 000
Living cost
32 956
32 956
32 956
32 956
Free-cash
122 826
127 038
113 224
115 044

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104815
₽105200
₽133656
₽108844
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
183 682
-
health
1 859
740
12 858
-
income
3 247
1 292
22 455
-
pensions
2 656
1 057
18 368
-
unemployment
398
159
2 755
-
total
8 160
3 248
56 436
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
183 682
-
pensions
5 180
2 062
35 818
-
total
5 180
2 062
35 818
-
Corporate
187 756
206 866
-
-
income
16 898
18 618
-
-
total
16 898
18 618
-
-
Dividends
170 858
188 248
-
-
social contributions
33 197
36 588
-
-
withholding
32 463
35 767
-
-
total
65 660
72 355
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 898
96 283
92 254
67 442
After tax
123 602
123 217
127 246
152 058
Living cost
18 402
18 402
18 402
18 402
Free-cash
105 200
104 815
108 844
133 656

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151057
₽144747
₽93110
₽101975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 412
pensions
-
-
-
43 901
health
-
-
-
28 535
total
-
-
-
101 848
Employee
28 824
-
164 050
-
income
3 245
-
31 628
-
pensions
577
-
3 282
-
unemployment
461
-
2 624
-
total
4 283
-
37 534
-
Employer
28 824
-
164 050
-
unemployment
231
-
1 313
-
pensions
5 765
-
32 810
-
health
3 746
-
21 326
-
total
9 742
-
55 449
-
Corporate
180 933
219 500
-
-
income
36 186
43 901
-
-
total
36 186
43 901
-
-
Dividends
144 747
175 599
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
50 211
43 901
92 983
101 848
After tax
169 289
175 599
126 517
117 652
Living cost
24 542
24 542
24 542
24 542
Free-cash
144 747
151 057
101 975
93 110

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4410
₽14375
₽127709
₽98509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
62 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
69 601
Employee
34 905
-
200 142
-
health
3 997
-
22 916
-
income
4 789
-
48 833
-
pensions
3 930
-
7 695
-
total
12 716
-
79 444
-
Employer
34 905
-
200 142
-
accident
583
-
3 342
-
unemployment
855
-
4 903
-
pensions
5 676
-
11 112
-
total
7 114
-
19 357
-
Corporate
177 481
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.

159 733
197 550
-
-
total
159 733
197 550
-
-
Dividends
17 748
21 950
-
-
withholding
3 372
4 170
-
-
total
3 372
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
182 935
201 720
98 801
69 601
After tax
36 565
17 780
120 699
149 899
Living cost
22 190
22 190
22 190
22 190
Free-cash
14 375
-4 410
98 509
127 709

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199263
₽197527
₽208043
₽166338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
219 500
-
income
2 315
-
43 900
-
total
2 315
-
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%.

207 923
219 500
-
-
total
-
-
-
-
Dividends
207 923
219 500
-
-
withholding
10 396
10 975
-
-
total
10 396
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
12 711
10 975
43 900
2 195
After tax
206 789
208 525
175 600
217 305
Living cost
9 262
9 262
9 262
9 262
Free-cash
197 527
199 263
166 338
208 043

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134193
₽127332
₽103434
₽101604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
37 771
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.

-
-
-
37 083
other
-
-
-
7 339
health
-
-
-
6 799
total
-
-
-
88 992
Employee
36 892
-
180 358
-
health
517
-
2 163
-
income
6 351
-
37 160
-
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.

2 582
-
10 815
-
unemployment
368
-
1 544
-
total
9 818
-
51 682
-
Employer
36 892
-
180 358
-
accident
295
-
1 442
-
other
1 845
-
7 724
-
unemployment
368
-
1 544
-
pensions

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

6 272
-
26 267
-
health
517
-
2 163
-
total
9 297
-
39 140
-
Corporate
173 310
219 500
-
-
income
36 394
46 095
-
-
total
36 394
46 095
-
-
Dividends
136 916
173 405
-
-
withholding
9 585
12 138
-
-
total
9 585
12 138
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 094
58 233
90 822
88 992
After tax
154 406
161 267
128 678
130 508
Living cost
27 074
27 074
27 074
27 074
Free-cash
127 332
134 193
101 604
103 434

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71039
₽79275
₽74203
₽54554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 913
pensions
-
-
-
9 987
total
-
-
-
76 900
Employee
96 771
-
191 382
-
health
1 595
-
2 622
-
income
17 444
-
53 812
-
pensions
9 336
-
11 998
-
total
28 375
-
68 432
-
Employer
96 771
-
191 382
-
pensions
11 426
-
24 482
-
health
1 838
-
3 635
-
total
13 264
-
28 117
-
Corporate
109 465
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.

20 798
41 706
-
-
total
20 798
41 706
-
-
Dividends
88 668
177 794
-
-
withholding
9 391
38 358
-
-
total
9 391
38 358
-
-
Income
219 500
219 500
219 500
219 500
Total tax
71 828
80 064
96 549
76 900
After tax
147 672
139 436
122 951
142 600
Living cost
68 397
68 397
68 397
68 397
Free-cash
79 275
71 039
54 554
74 203

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽174350
₽169631
₽163776
₽172822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
42 402
Employee
17 640
-
212 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
21 254
-
pensions

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

1 549
-
3 116
-
total
4 318
-
26 393
-
Employer
17 640
-
212 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
198 398
219 500
-
-
income
19 840
21 950
-
-
total
19 840
21 950
-
-
Dividends
178 558
197 550
-
-
withholding
8 928
9 878
-
-
total
8 928
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
36 547
31 828
33 356
42 402
After tax
182 953
187 672
186 144
177 098
Living cost
13 322
13 322
13 322
13 322
Free-cash
169 631
174 350
172 822
163 776

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52934
₽55491
₽62020
₽84056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 704
pensions
-
-
-
11 905
health
-
-
-
12 529
total
-
-
-
101 138
Employee
94 202
86 768
200 617
-
health
11 752
11 328
12 529
-
income

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

14 202
14 202
35 786
-
pensions
11 905
11 905
11 905
-
total
37 859
37 435
60 220
-
Employer
94 202
86 768
200 617
-
unemployment
3 392
3 124
3 881
-
pensions
6 556
6 039
7 506
-
health
6 546
6 031
7 495
-
total
16 494
15 194
18 882
-
Corporate
108 805
117 538
-
-
income
21 761
23 508
-
-
total
21 761
23 508
-
-
Dividends
87 043
94 030
-
-
income
18 497
19 982
-
-
withholding
13 056
14 105
-
-
total
31 553
34 087
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 667
110 224
79 102
101 138
After tax
111 833
109 276
140 398
118 362
Living cost
56 342
56 342
56 342
56 342
Free-cash
55 491
52 934
84 056
62 020

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126852
₽118191
₽104951
₽95391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 241
health
-
-
-
29 633
solidarity contribution
-
-
-
2 472
social contributions
-
-
-
34 929
total
-
-
-
90 275
Employee
35 696
-
173 941
-
social contributions
2 320
-
7 775
-
health
4 819
-
23 482
-
solidarity contribution
-
-
1 615
-
income
4 284
-
21 403
-
total
11 423
-
54 275
-
Employer
35 696
-
173 941
-
social contributions
8 924
-
29 905
-
health
3 213
-
15 655
-
total
12 137
-
45 560
-
Corporate
171 667
219 500
-
-
income
32 617
41 705
-
-
total
32 617
41 705
-
-
Dividends
139 050
177 795
-
-
withholding
20 858
26 669
-
-
total
20 858
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
77 035
68 374
99 835
90 275
After tax
142 465
151 126
119 665
129 225
Living cost
24 274
24 274
24 274
24 274
Free-cash
118 191
126 852
95 391
104 951

Estimated living cost  is ₽24274 per week

₽16861
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.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74238
₽68934
₽62340
₽53730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 350
regional
-
-
-
2 733
national
-
-
-
59 349
social contributions
-
-
-
50 854
total
-
-
-
114 286
Employee
90 301
-
219 500
-
social contributions
30 450
-
66 670
-
regional
852
-
2 457
-
municipal
478
-
1 222
-
national
15 647
-
52 547
-
total
47 427
-
122 896
-
Employer
90 301
-
219 500
-
total
-
-
-
-
Corporate
129 199
219 500
-
-
nationa
31 007
52 680
-
-
municipal
5 038
8 561
-
-
total
36 045
61 241
-
-
Dividends
93 153
158 259
-
-
withholding
24 220
41 147
-
-
total
24 220
41 147
-
-
Income
219 500
219 500
219 500
219 500
Total tax
107 692
102 388
122 896
114 286
After tax
111 808
117 112
96 604
105 214
Living cost
42 874
42 874
42 874
42 874
Free-cash
68 934
74 238
53 730
62 340

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115645
₽112480
₽80915
₽74702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
67 866
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
11 318
total
-
-
-
116 164
Employee
33 601
-
190 955
-
other
-
-
-
-
health
858
-
3 457
-
surtax
110
-
10 104
-
income
5 632
-
61 788
-
pensions
2 241
-
9 045
-
unemployment
2 339
-
9 438
-
total
11 180
-
93 832
-
Employer
33 601
-
190 955
-
other
-
-
-
-
unemployment
1 064
-
4 298
-
pensions
4 479
-
18 077
-
health
1 529
-
6 170
-
total
7 072
-
28 545
-
Corporate
178 827
219 500
-
-
income
46 496
57 070
-
-
total
46 496
57 070
-
-
Dividends
132 331
162 430
-
-
withholding
19 851
24 364
-
-
total
19 851
24 364
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 599
81 434
122 377
116 164
After tax
134 901
138 066
97 123
103 336
Living cost
22 421
22 421
22 421
22 421
Free-cash
112 480
115 645
74 702
80 915

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92709
₽99467
₽95873
₽76224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 913
pensions
-
-
-
9 987
total
-
-
-
76 900
Employee
64 853
-
191 382
-
health
941
-
2 622
-
income
11 680
-
53 812
-
pensions
5 505
-
11 998
-
total
18 126
-
68 432
-
Employer
64 853
-
191 382
-
pensions
7 020
-
24 482
-
health
1 232
-
3 635
-
total
8 252
-
28 117
-
Corporate
146 394
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.

27 816
41 706
-
-
total
27 816
41 706
-
-
Dividends
118 579
177 794
-
-
withholding
19 112
38 358
-
-
total
19 112
38 358
-
-
Income
219 500
219 500
219 500
219 500
Total tax
73 306
80 064
96 549
76 900
After tax
146 194
139 436
122 951
142 600
Living cost
46 727
46 727
46 727
46 727
Free-cash
99 467
92 709
76 224
95 873

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22747
₽55959
₽96972
₽88623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 313
pensions
-
-
-
20 193
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
-
-
-
12 108
health
-
-
-
494
national
-
-
-
5 404
total
-
-
-
44 902
Employee
90 843
-
197 362
-
city
975
-
2 131
-
regional
2 975
-
10 734
-
health
205
-
445
-
pensions
7 632
-
15 575
-
unemployment
-
-
-
-
national
430
-
4 398
-
total
12 217
-
33 283
-
Employer
90 843
-
197 362
-
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.

1 816
-
3 948
-
unemployment
-
-
-
-
pensions
7 632
-
15 575
-
health
205
-
445
-
total
9 653
-
19 968
-
Corporate
118 004
219 500
-
-
regional
24 958
46 424
-
-
national
10 030
18 657
-
-
total
34 988
65 081
-
-
Dividends
83 016
154 418
-
-
withholding
29 057
54 046
-
-
total
29 057
54 046
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 915
119 127
53 251
44 902
After tax
133 585
100 373
166 249
174 598
Living cost
77 626
77 626
77 626
77 626
Free-cash
55 959
22 747
88 623
96 972

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61836
₽78313
₽60147
₽89690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
trade
-
-
-
29 543
income

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

-
-
-
72 343
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.

-
-
-
6 941
surtax

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

-
-
-
3 980
total
-
-
-
112 807
Employee

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

61 064
-
219 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
3 980
-
income

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

7 181
-
72 343
-
total
14 517
-
83 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 436
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.

1 307
1 811
-
-
income
23 765
32 925
-
-
trade
27 172
37 644
-
-
chamber of commerce
378
463
-
-
total
52 622
72 843
-
-
Dividends
105 815
146 658
-
-
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.

1 435
1 996
-
-
withholding
26 067
36 279
-
-
total
27 502
38 275
-
-
Income
219 500
219 500
219 500
219 500
Total tax
94 641
111 118
83 264
112 807
After tax
124 859
108 382
136 236
106 693
Living cost
46 546
46 546
46 546
46 546
Free-cash
78 313
61 836
89 690
60 147

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75866
₽81867
₽86138
₽80284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 718
pensions
-
-
-
35 276
other
-
-
-
6 805
health
-
-
-
10 547
surtax
-
-
-
-
social contributions
-
-
-
6 253
total
-
-
-
98 599
Employee
43 486
-
167 823
-
social contributions
1 240
-
4 782
-
surtax
-
-
-
-
income
2 566
-
35 474
-
pensions
4 917
-
12 522
-
total
8 723
-
52 778
-
Employer
43 486
-
167 823
-
other
1 500
-
6 909
-
social contributions
131
-
503
-
unemployment
1 760
-
6 797
-
pensions
7 144
-
20 929
-
health
3 045
-
16 537
-
total
13 580
-
51 675
-
Corporate
162 434
219 500
-
-
surtax
-
-
-
-
income
45 482
61 460
-
-
total
45 482
61 460
-
-
Dividends
116 952
158 040
-
-
surtax
-
-
-
-
social contributions
20 115
27 183
-
-
withholding
14 970
20 228
-
-
total
35 085
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
102 870
108 871
104 453
98 599
After tax
116 630
110 629
115 047
120 901
Living cost
34 763
34 763
34 763
34 763
Free-cash
81 867
75 866
80 284
86 138

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79310
₽84952
₽89582
₽83728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 718
pensions
-
-
-
35 276
other
-
-
-
6 805
health
-
-
-
10 547
surtax
-
-
-
-
social contributions
-
-
-
6 253
total
-
-
-
98 599
Employee
38 817
-
167 823
-
social contributions
1 107
-
4 782
-
surtax
-
-
-
-
income
2 001
-
35 474
-
pensions
4 390
-
12 522
-
total
7 498
-
52 778
-
Employer
38 817
-
167 823
-
other
1 340
-
6 909
-
social contributions
116
-
503
-
unemployment
1 571
-
6 797
-
pensions
6 378
-
20 929
-
health
2 717
-
16 537
-
total
12 122
-
51 675
-
Corporate
168 560
219 500
-
-
surtax
-
-
-
-
income
47 198
61 460
-
-
total
47 198
61 460
-
-
Dividends
121 362
158 040
-
-
surtax
-
-
-
-
social contributions
20 876
27 183
-
-
withholding
15 535
20 228
-
-
total
36 411
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
103 229
108 871
104 453
98 599
After tax
116 271
110 629
115 047
120 901
Living cost
31 319
31 319
31 319
31 319
Free-cash
84 952
79 310
83 728
89 582

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
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.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112369
₽112896
₽119417
₽113700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 321
social contributions
-
-
-
30 292
total
-
-
-
78 538
Employee
34 451
-
219 500
-
social contributions
4 755
-
30 292
-
health
2 404
-
15 321
-
income
5 746
-
38 642
-
total
12 905
-
84 255
-
Employer
34 451
-
219 500
-
total
-
-
-
-
Corporate
185 049
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%.

9 253
10 975
-
-
total
9 253
10 975
-
-
Dividends
175 796
208 525
-
-
health
12 271
14 556
-
-
social contributions
24 260
28 776
-
-
withholding
26 370
31 279
-
-
total
62 901
74 611
-
-
Income
219 500
219 500
219 500
219 500
Total tax
85 059
85 586
84 255
78 538
After tax
134 441
133 914
135 245
140 962
Living cost
21 545
21 545
21 545
21 545
Free-cash
112 896
112 369
113 700
119 417

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85257
₽83690
₽76794
₽21839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
877
income
-
-
-
68 554
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
201
total
-
-
-
106 904
Employee
50 778
40 492
180 618
-
other
507
405
1 188
-
health
1 965
1 568
4 593
-
income
5 781
2 987
57 290
-
pensions
5 200
4 146
12 155
-
unemployment
1 523
1 215
3 561
-
total
14 976
10 321
78 787
-
Employer
50 778
40 492
180 618
-
accident
659
526
1 543
-
other
2 412
1 922
8 052
-
chamber of commerce
202
162
723
-
unemployment
1 523
1 215
3 561
-
surtax
201
201
201
-
pensions
6 373
5 083
14 897
-
payroll
1 523
1 215
5 418
-
health
1 919
1 531
4 487
-
total
14 812
11 855
38 882
-
Corporate
153 910
167 154
176 762
-
income

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

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

38 477
41 789
44 190
-
total
38 477
41 789
44 190
-
Dividends
115 433
125 365
-
-
withholding
31 743
34 476
-
-
total
31 743
34 476
-
-
Income
219 500
219 500
219 500
219 500
Total tax
100 008
98 441
161 859
106 904
After tax
119 492
121 059
57 641
112 596
Living cost
35 802
35 802
35 802
35 802
Free-cash
83 690
85 257
21 839
76 794

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83914
₽70388
₽58377
₽37969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
87 094
communal

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

-
-
-
11 650
social contributions
-
-
-
25 332
total
-
-
-
124 076
Employee

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

72 680
-
170 010
-
communal

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

3 791
-
8 868
-
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.

3 415
-
7 990
-
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.

5 451
-
12 751
-
unemployment

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

632
-
1 479
-
national
22 345
-
63 905
-
total
35 634
-
94 993
-
Employer

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

72 680
-
170 010
-
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.

945
-
2 212
-
unemployment

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

1 060
-
2 482
-
surtax
8 241
-
19 278
-
pensions

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

6 440
-
15 063
-
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.

4 470
-
10 456
-
total
21 156
-
49 491
-
Corporate
125 664
219 500
-
-
surtax
503
926
-
-
income
25 134
46 301
-
-
total
25 637
47 227
-
-
Dividends
100 028
172 273
-
-
withholding

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

29 638
51 312
-
-
total
29 638
51 312
-
-
Income
219 500
219 500
219 500
219 500
Total tax
112 065
98 539
144 484
124 076
After tax
107 435
120 961
75 016
95 424
Living cost
37 047
37 047
37 047
37 047
Free-cash
70 388
83 914
37 969
58 377

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109129
₽102168
₽86037
₽81772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
68 517
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
96 769
Employee
50 577
-
189 476
-
other
50
-
94
-
income
10 671
-
65 029
-
pensions
2 377
-
4 427
-
unemployment
785
-
1 460
-
total
13 883
-
71 010
-
Employer
50 577
-
189 476
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 782
-
5 179
-
pensions
11 935
-
22 226
-
total
16 121
-
30 024
-
Corporate
152 801
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.

22 920
32 925
-
-
total
22 920
32 925
-
-
Dividends
129 881
186 575
-
-
withholding
27 714
40 752
-
-
total
27 714
40 752
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 638
73 677
101 034
96 769
After tax
138 862
145 823
118 466
122 731
Living cost
36 694
36 694
36 694
36 694
Free-cash
102 168
109 129
81 772
86 037

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69846
₽55910
₽48767
₽57519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 851
income
-
-
-
40 587
pensions
-
-
-
32 900
health
-
-
-
15 422
surtax
-
-
-
10 883
communal
-
-
-
13 873
total
-
-
-
115 516
Employee
76 946
-
196 071
-
health
3 424
-
8 725
-
surtax
4 716
-
12 016
-
income
7 432
-
46 908
-
pensions
6 155
-
15 686
-
total
21 727
-
83 335
-
Employer
76 946
-
196 071
-
accident
692
-
1 764
-
pensions
6 155
-
15 686
-
health
2 347
-
5 979
-
total
9 194
-
23 429
-
Corporate
133 361
219 500
-
-
surtax
1 400
2 304
-
-
communal
9 003
14 816
-
-
income
20 005
32 925
-
-
total
30 408
50 045
-
-
Dividends
102 954
169 454
-
-
income
31 601
18 973
-
-
withholding
15 443
25 419
-
-
total
47 044
44 392
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 373
94 437
106 764
115 516
After tax
111 127
125 063
112 736
103 984
Living cost
55 217
55 217
55 217
55 217
Free-cash
55 910
69 846
57 519
48 767

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115244
₽112011
₽80514
₽74301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
67 866
pensions
-
-
-
27 122
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 627
surtax
-
-
-
11 318
total
-
-
-
116 164
Employee
34 217
-
190 955
-
other
-
-
-
-
health
873
-
3 457
-
surtax
121
-
10 104
-
income
5 736
-
61 788
-
pensions
2 283
-
9 045
-
unemployment
2 381
-
9 438
-
total
11 394
-
93 832
-
Employer
34 217
-
190 955
-
other
-
-
-
-
unemployment
1 086
-
4 298
-
pensions
4 562
-
18 077
-
health
1 556
-
6 170
-
total
7 204
-
28 545
-
Corporate
178 079
219 500
-
-
income
46 301
57 070
-
-
total
46 301
57 070
-
-
Dividends
131 778
162 430
-
-
withholding
19 768
24 364
-
-
total
19 768
24 364
-
-
Income
219 500
219 500
219 500
219 500
Total tax
84 667
81 434
122 377
116 164
After tax
134 833
138 066
97 123
103 336
Living cost
22 822
22 822
22 822
22 822
Free-cash
112 011
115 244
74 301
80 514

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and 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 of data for Athens model

Close
Naples , Italy
₽88003
₽85747
₽77153
₽68587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 350
regional
-
-
-
3 423
national
-
-
-
59 349
social contributions
-
-
-
50 854
total
-
-
-
114 976
Employee
56 363
-
219 500
-
social contributions
19 006
-
66 670
-
regional
759
-
3 103
-
municipal
299
-
1 222
-
national
8 929
-
52 547
-
total
28 993
-
123 542
-
Employer
56 363
-
219 500
-
total
-
-
-
-
Corporate
163 137
219 500
-
-
nationa
39 153
52 680
-
-
municipal
8 108
10 910
-
-
total
47 261
63 590
-
-
Dividends
115 876
155 911
-
-
withholding
30 128
40 536
-
-
total
30 128
40 536
-
-
Income
219 500
219 500
219 500
219 500
Total tax
106 382
104 126
123 542
114 976
After tax
113 118
115 374
95 958
104 524
Living cost
27 371
27 371
27 371
27 371
Free-cash
85 747
88 003
68 587
77 153

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121215
₽110544
₽99314
₽89754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 241
health
-
-
-
29 633
solidarity contribution
-
-
-
2 472
social contributions
-
-
-
34 929
total
-
-
-
90 275
Employee
43 987
-
173 941
-
social contributions
2 859
-
7 775
-
health
5 938
-
23 482
-
solidarity contribution
-
-
1 615
-
income
5 278
-
21 403
-
total
14 075
-
54 275
-
Employer
43 987
-
173 941
-
social contributions
10 997
-
29 905
-
health
3 959
-
15 655
-
total
14 956
-
45 560
-
Corporate
160 557
219 500
-
-
income
30 506
41 705
-
-
total
30 506
41 705
-
-
Dividends
130 051
177 795
-
-
withholding
19 508
26 669
-
-
total
19 508
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
79 045
68 374
99 835
90 275
After tax
140 455
151 126
119 665
129 225
Living cost
29 911
29 911
29 911
29 911
Free-cash
110 544
121 215
89 754
99 314

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88754
₽88254
₽80381
₽25275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
877
income
-
-
-
68 554
pensions
-
-
-
21 960
unemployment
-
-
-
6 232
health
-
-
-
9 080
surtax
-
-
-
-
total
-
-
-
106 703
Employee
44 415
40 492
180 805
-
other
443
405
1 188
-
health
1 718
1 568
4 593
-
income
3 957
2 987
57 379
-
pensions
4 549
4 146
12 155
-
unemployment
1 332
1 215
3 561
-
total
11 999
10 321
78 876
-
Employer
44 415
40 492
180 805
-
accident
577
526
1 543
-
other
2 109
1 922
8 060
-
chamber of commerce
177
162
723
-
unemployment
1 332
1 215
3 561
-
surtax
-
-
-
-
pensions
5 574
5 083
14 897
-
payroll
1 332
1 215
5 424
-
health
1 679
1 531
4 487
-
total
12 780
11 654
38 695
-
Corporate
162 303
167 355
176 949
-
income

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

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

40 576
41 839
44 238
-
total
40 576
41 839
44 238
-
Dividends
121 727
125 515
-
-
withholding
33 475
34 516
-
-
total
33 475
34 516
-
-
Income
219 500
219 500
219 500
219 500
Total tax
98 830
98 330
161 809
106 703
After tax
120 670
121 170
57 691
112 797
Living cost
32 416
32 416
32 416
32 416
Free-cash
88 254
88 754
25 275
80 381

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194092
₽191386
₽202872
₽161167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
219 500
-
income
3 608
-
43 900
-
total
3 608
-
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%.

201 459
219 500
-
-
total
-
-
-
-
Dividends
201 459
219 500
-
-
withholding
10 073
10 975
-
-
total
10 073
10 975
-
-
Income
219 500
219 500
219 500
219 500
Total tax
13 681
10 975
43 900
2 195
After tax
205 819
208 525
175 600
217 305
Living cost
14 433
14 433
14 433
14 433
Free-cash
191 386
194 092
161 167
202 872

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123874
₽115372
₽75611
₽70844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
219 500
income
-
-
-
54 620
pensions
-
-
-
40 087
unemployment
-
-
-
330
health
-
-
-
21 599
total
-
-
-
116 636
Employee

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

44 931
-
189 928
-
health
2 902
-
12 271
-
income
7 748
-
49 854
-
pensions
6 965
-
29 439
-
unemployment
64
-
266
-
total
17 679
-
91 830
-
Employer

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

44 931
-
189 928
-
unemployment
27
-
114
-
pensions
3 976
-
16 808
-
health
2 993
-
12 651
-
total
6 996
-
29 573
-
Corporate
167 574
219 500
-
-
income
31 840
41 704
-
-
total
31 840
41 704
-
-
Dividends
135 734
177 796
-
-
withholding
20 360
26 669
-
-
total
20 360
26 669
-
-
Income
219 500
219 500
219 500
219 500
Total tax
76 875
68 373
121 403
116 636
After tax
142 625
151 127
98 097
102 864
Living cost
27 253
27 253
27 253
27 253
Free-cash
115 372
123 874
70 844
75 611

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89651
₽41264
₽107799
₽162225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
67 823
219 500
-
-
income
14 921
48 290
-
-
total
14 921
48 290
-
-
Dividends
52 902
171 210
-
-
income
11 638
37 666
-
-
total
11 638
37 666
-
-
Income
219 500
219 500
219 500
219 500
Total tax
134 343
85 956
13 382
67 808
After tax
85 157
133 544
206 118
151 692
Living cost
43 893
43 893
43 893
43 893
Free-cash
41 264
89 651
162 225
107 799

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92981
₽91956
₽83080
₽66276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
income
-
-
-
28 272
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
104 549
Employee
46 731
-
177 373
-
social contributions
5 141
-
19 511
-
surtax
-
-
91
-
income
9 720
-
59 624
-
total
14 861
-
79 226
-
Employer
46 731
-
177 373
-
social contributions
11 099
-
42 127
-
total
11 099
-
42 127
-
Corporate
161 670
219 500
-
-
surtax
-
-
-
-
income
33 951
46 095
-
-
total
33 951
46 095
-
-
Dividends
127 719
173 405
-
-
withholding
35 762
48 553
-
-
total
35 762
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 673
94 648
121 353
104 549
After tax
123 827
124 852
98 147
114 951
Living cost
31 871
31 871
31 871
31 871
Free-cash
91 956
92 981
66 276
83 080

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
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.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61554
₽68537
₽71826
₽65972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 718
pensions
-
-
-
35 276
other
-
-
-
6 805
health
-
-
-
10 547
surtax
-
-
-
-
social contributions
-
-
-
6 253
total
-
-
-
98 599
Employee
63 638
-
167 823
-
social contributions
1 812
-
4 782
-
surtax
-
-
-
-
income
5 553
-
35 474
-
pensions
7 198
-
12 522
-
total
14 563
-
52 778
-
Employer
63 638
-
167 823
-
other
2 196
-
6 909
-
social contributions
191
-
503
-
unemployment
2 578
-
6 797
-
pensions
10 456
-
20 929
-
health
4 454
-
16 537
-
total
19 875
-
51 675
-
Corporate
135 986
219 500
-
-
surtax
-
-
-
-
income
38 076
61 460
-
-
total
38 076
61 460
-
-
Dividends
97 911
158 040
-
-
surtax
-
-
-
-
social contributions
16 841
27 183
-
-
withholding
12 533
20 228
-
-
total
29 374
47 411
-
-
Income
219 500
219 500
219 500
219 500
Total tax
101 888
108 871
104 453
98 599
After tax
117 612
110 629
115 047
120 901
Living cost
49 074
49 074
49 074
49 074
Free-cash
68 537
61 554
65 972
71 826

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167008
₽163595
₽129717
₽135549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 950
social contributions
-
-
-
48 291
total
-
-
-
59 241
Employee
32 665
-
190 043
-
income
-
-
11 598
-
social contributions
2 123
-
12 354
-
total
2 123
-
23 952
-
Employer
32 665
-
190 043
-
social contributions
5 063
-
29 457
-
total
5 063
-
29 457
-
Corporate
181 771
219 500
-
-
income
18 177
21 950
-
-
total
18 177
21 950
-
-
Dividends
163 594
197 550
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
25 363
21 950
53 409
59 241
After tax
194 137
197 550
166 091
160 259
Living cost
30 542
30 542
30 542
30 542
Free-cash
163 595
167 008
135 549
129 717

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1852
-₽1852
₽78185
-₽1852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
46 927
pensions
-
-
-
881
national
-
-
-
27 089
labour market
-
-
-
17 490
total
-
-
-
92 387
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
219 500
219 500
219 500
219 500
Total tax
172 424
172 424
172 424
92 387
After tax
47 076
47 076
47 076
127 113
Living cost
48 928
48 928
48 928
48 928
Free-cash
-1 852
-1 852
-1 852
78 185

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4082
₽14426
₽128037
₽98837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
62 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
69 601
Employee
34 391
-
200 142
-
health
3 938
-
22 916
-
income
4 718
-
48 833
-
pensions
3 873
-
7 695
-
total
12 529
-
79 444
-
Employer
34 391
-
200 142
-
accident
574
-
3 342
-
unemployment
843
-
4 903
-
pensions
5 592
-
11 112
-
total
7 009
-
19 357
-
Corporate
178 100
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.

160 290
197 550
-
-
total
160 290
197 550
-
-
Dividends
17 810
21 950
-
-
withholding
3 384
4 170
-
-
total
3 384
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
183 212
201 720
98 801
69 601
After tax
36 288
17 780
120 699
149 899
Living cost
21 862
21 862
21 862
21 862
Free-cash
14 426
-4 082
98 837
128 037

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96014
₽99154
₽96679
₽71536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
municipal
-
-
-
38 978
health
-
-
-
2 956
national
-
-
-
41 878
total
-
-
-
83 812
Employee
53 457
-
184 656
-
health
399
-
2 420
-
municipal
8 756
-
30 060
-
pensions
3 608
-
12 464
-
unemployment
802
-
2 771
-
national
883
-
26 397
-
total
14 448
-
74 112
-
Employer
53 457
-
184 656
-
accident
54
-
185
-
unemployment
347
-
1 199
-
pensions
9 275
-
32 038
-
health
411
-
1 421
-
total
10 087
-
34 843
-
Corporate
155 957
219 500
-
-
income
31 192
43 901
-
-
total
31 192
43 901
-
-
Dividends

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

93 573
131 700
-
-
national
8 767
16 869
-
-
municipal
16 843
23 707
-
-
total
25 610
40 576
-
-
Income
219 500
219 500
219 500
219 500
Total tax
81 337
84 477
108 955
83 812
After tax
138 163
135 023
110 545
135 688
Living cost
39 009
39 009
39 009
39 009
Free-cash
99 154
96 014
71 536
96 679

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136469
₽130942
₽124475
₽122655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
income
-
-
-
49 463
health
-
-
-
5 597
social contributions
-
-
-
16 440
total
-
-
-
71 500
Employee
78 130
78 130
206 926
-
social contributions
2 954
6 484
8 746
-
health
605
1 329
3 517
-
income
8 507
7 233
48 484
-
total
12 066
15 046
60 747
-
Employer
78 130
78 130
206 926
-
social contributions
2 954
6 484
8 746
-
health
658
1 446
3 827
-
total
3 612
7 930
12 573
-
Corporate
180 297
133 439
-
-
income
22 536
16 681
-
-
total
22 536
16 681
-
-
Dividends
157 761
116 758
-
-
withholding
26 819
19 849
-
-
total
26 819
19 849
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 033
59 506
73 320
71 500
After tax
154 467
159 994
146 180
148 000
Living cost
23 525
23 525
23 525
23 525
Free-cash
130 942
136 469
122 655
124 475

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165638
₽160465
₽170531
₽150152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 668
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
32 837
Employee

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

23 322
-
209 570
-
health
1 982
-
8 195
-
income
1 595
-
20 148
-
pensions
3 498
-
14 461
-
unemployment
116
-
482
-
total
7 191
-
43 286
-
Employer

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

23 322
-
209 570
-
unemployment
116
-
482
-
pensions
1 282
-
5 302
-
health
1 003
-
4 146
-
total
2 401
-
9 930
-
Corporate
193 777
219 500
-
-
income
17 440
19 754
-
-
total
17 440
19 754
-
-
Dividends
176 337
199 746
-
-
withholding
15 871
17 976
-
-
total
15 871
17 976
-
-
Income
219 500
219 500
219 500
219 500
Total tax
42 903
37 730
53 216
32 837
After tax
176 597
181 770
166 284
186 663
Living cost
16 132
16 132
16 132
16 132
Free-cash
160 465
165 638
150 152
170 531

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117882
₽113394
₽94790
₽90525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
68 517
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
96 769
Employee
37 570
-
189 476
-
other
37
-
94
-
income
7 243
-
65 029
-
pensions
1 766
-
4 427
-
unemployment
582
-
1 460
-
total
9 628
-
71 010
-
Employer
37 570
-
189 476
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 179
-
pensions
8 866
-
22 226
-
total
11 978
-
30 024
-
Corporate
169 952
219 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

25 492
32 925
-
-
total
25 492
32 925
-
-
Dividends
144 460
186 575
-
-
withholding
31 067
40 752
-
-
total
31 067
40 752
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 165
73 677
101 034
96 769
After tax
141 335
145 823
118 466
122 731
Living cost
27 941
27 941
27 941
27 941
Free-cash
113 394
117 882
90 525
94 790

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134187
₽133731
₽138260
₽138063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 959
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
78 459
Employee
4 236
-
217 218
-
health
212
-
507
-
income
820
-
74 852
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
76 373
-
Employer
4 236
-
217 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
214 310
219 500
-
-
income
47 148
48 290
-
-
total
47 148
48 290
-
-
Dividends
167 162
171 210
-
-
withholding
33 432
34 242
-
-
total
33 432
34 242
-
-
Income
219 500
219 500
219 500
219 500
Total tax
82 988
82 532
78 656
78 459
After tax
136 512
136 968
140 844
141 041
Living cost
2 781
2 781
2 781
2 781
Free-cash
133 731
134 187
138 063
138 260

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141031
₽136033
₽122946
₽122945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 634
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
78 996
Employee

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

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

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

26 477
-
206 069
-
health
1 364
-
3 864
-
income
3 650
-
50 634
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
65 566
-
Employer

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

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

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

26 477
-
206 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
188 284
219 500
-
-
income
28 243
32 925
-
-
total
28 243
32 925
-
-
Dividends
160 041
186 575
-
-
withholding
24 006
27 986
-
-
total
24 006
27 986
-
-
Income
219 500
219 500
219 500
219 500
Total tax
65 909
60 911
78 997
78 996
After tax
153 591
158 589
140 503
140 504
Living cost
17 558
17 558
17 558
17 558
Free-cash
136 033
141 031
122 945
122 946

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97460
₽97094
₽87559
₽70755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
income
-
-
-
28 272
surtax
-
-
-
-
social contributions

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

-
-
-
76 277
total
-
-
-
104 549
Employee
39 436
-
177 373
-
social contributions
4 338
-
19 511
-
surtax
-
-
91
-
income
7 705
-
59 624
-
total
12 043
-
79 226
-
Employer
39 436
-
177 373
-
social contributions
9 365
-
42 127
-
total
9 365
-
42 127
-
Corporate
170 699
219 500
-
-
surtax
-
-
-
-
income
35 847
46 095
-
-
total
35 847
46 095
-
-
Dividends
134 853
173 405
-
-
withholding
37 759
48 553
-
-
total
37 759
48 553
-
-
Income
219 500
219 500
219 500
219 500
Total tax
95 014
94 648
121 353
104 549
After tax
124 486
124 852
98 147
114 951
Living cost
27 392
27 392
27 392
27 392
Free-cash
97 094
97 460
70 755
87 559

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110114
₽103465
₽87022
₽82757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
68 517
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
96 769
Employee
49 071
-
189 476
-
other
48
-
94
-
income
10 249
-
65 029
-
pensions
2 306
-
4 427
-
unemployment
760
-
1 460
-
total
13 363
-
71 010
-
Employer
49 071
-
189 476
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 699
-
5 179
-
pensions
11 581
-
22 226
-
total
15 645
-
30 024
-
Corporate
154 784
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.

23 217
32 925
-
-
total
23 217
32 925
-
-
Dividends
131 567
186 575
-
-
withholding
28 101
40 752
-
-
total
28 101
40 752
-
-
Income
219 500
219 500
219 500
219 500
Total tax
80 326
73 677
101 034
96 769
After tax
139 174
145 823
118 466
122 731
Living cost
35 709
35 709
35 709
35 709
Free-cash
103 465
110 114
82 757
87 022

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170193
₽164000
₽159619
₽168665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
42 402
Employee
23 145
-
212 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
21 254
-
pensions

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

2 032
-
3 116
-
total
5 666
-
26 393
-
Employer
23 145
-
212 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
191 814
219 500
-
-
income
19 182
21 950
-
-
total
19 182
21 950
-
-
Dividends
172 632
197 550
-
-
withholding
8 632
9 878
-
-
total
8 632
9 878
-
-
Income
219 500
219 500
219 500
219 500
Total tax
38 021
31 828
33 356
42 402
After tax
181 479
187 672
186 144
177 098
Living cost
17 479
17 479
17 479
17 479
Free-cash
164 000
170 193
168 665
159 619

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73671
₽86966
₽72290
₽97009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
219 500
trade
-
-
-
24 719
income

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

-
-
-
72 343
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.

-
-
-
6 941
surtax

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

-
-
-
3 980
total
-
-
-
107 983
Employee

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

50 555
-
219 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
3 980
-
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.

4 157
-
72 343
-
total
11 327
-
83 264
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 945
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.

1 394
1 811
-
-
income
25 342
32 925
-
-
trade
24 243
31 499
-
-
chamber of commerce
401
476
-
-
total
51 380
66 711
-
-
Dividends
117 565
152 789
-
-
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.

1 595
2 080
-
-
withholding
29 005
37 811
-
-
total
30 600
39 891
-
-
Income
219 500
219 500
219 500
219 500
Total tax
93 307
106 602
83 264
107 983
After tax
126 193
112 898
136 236
111 517
Living cost
39 227
39 227
39 227
39 227
Free-cash
86 966
73 671
97 009
72 290

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95770
₽98016
₽53056
₽53056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 005
social contributions
-
-
-
37 560
total
-
-
-
108 565
Employee
79 479
-
219 500
-
income
14 997
-
71 005
-
social contributions
6 603
-
37 560
-
total
21 600
-
108 565
-
Employer
79 479
-
219 500
-
total
-
-
-
-
Corporate
140 021
219 500
-
-
income
17 502
27 438
-
-
total
17 502
27 438
-
-
Dividends
122 519
192 062
-
-
withholding
24 503
38 413
-
-
total
24 503
38 413
-
-
Income
219 500
219 500
219 500
219 500
Total tax
63 605
65 851
108 565
108 565
After tax
155 895
153 649
110 935
110 935
Living cost
57 879
57 879
57 879
57 879
Free-cash
98 016
95 770
53 056
53 056

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100425
₽103974
₽142880
₽116712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
219 500
income
-
-
-
32 925
health

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

-
-
-
6 812
total
-
-
-
39 737
Employee
46 611
-
214 826
-
income
5 058
-
56 557
-
social contributions
4 670
-
4 674
-
total
9 728
-
61 231
-
Employer
46 611
-
214 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
168 219
219 500
-
-
income
58 877
76 824
-
-
total
58 877
76 824
-
-
Dividends
109 342
142 676
-
-
social contributions
5 368
5 368
-
-
total
5 368
5 368
-
-
Income
219 500
219 500
219 500
219 500
Total tax
78 643
82 192
65 905
39 737
After tax
140 857
137 308
153 595
179 763
Living cost
36 883
36 883
36 883
36 883
Free-cash
103 974
100 425
116 712
142 880

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101449
₽107505
₽104613
₽84964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 913
pensions
-
-
-
9 987
total
-
-
-
76 900
Employee
52 143
-
191 382
-
health
680
-
2 622
-
income
9 496
-
53 812
-
pensions
3 980
-
11 998
-
total
14 156
-
68 432
-
Employer
52 143
-
191 382
-
pensions
5 268
-
24 482
-
health
991
-
3 635
-
total
6 259
-
28 117
-
Corporate
161 098
219 500
-
-
income

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

30 609
41 706
-
-
total
30 609
41 706
-
-
Dividends
130 489
177 794
-
-
withholding
22 984
38 358
-
-
total
22 984
38 358
-
-
Income
219 500
219 500
219 500
219 500
Total tax
74 008
80 064
96 549
76 900
After tax
145 492
139 436
122 951
142 600
Living cost
37 987
37 987
37 987
37 987
Free-cash
107 505
101 449
84 964
104 613

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6247
₽14095
₽125872
₽96672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
62 575
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
69 601
Employee
37 795
-
200 142
-
health
4 327
-
22 916
-
income
5 185
-
48 833
-
pensions
4 256
-
7 695
-
total
13 768
-
79 444
-
Employer
37 795
-
200 142
-
accident
631
-
3 342
-
unemployment
926
-
4 903
-
pensions
6 145
-
11 112
-
total
7 702
-
19 357
-
Corporate
174 003
219 500
-
-
income

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

156 602
197 550
-
-
total
156 602
197 550
-
-
Dividends
17 400
21 950
-
-
withholding
3 306
4 170
-
-
total
3 306
4 170
-
-
Income
219 500
219 500
219 500
219 500
Total tax
181 378
201 720
98 801
69 601
After tax
38 122
17 780
120 699
149 899
Living cost
24 027
24 027
24 027
24 027
Free-cash
14 095
-6 247
96 672
125 872

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154223
₽151155
₽124408
₽146702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
36 809
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
81 397
Employee

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

21 911
-
219 500
-
work injury
110
-
405
-
income
2 191
-
36 809
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
59 103
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 589
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%.

19 759
21 950
-
-
total
19 759
21 950
-
-
Dividends
177 830
197 550
-
-
withholding
26 674
29 632
-
-
total
26 674
29 632
-
-
Income
219 500
219 500
219 500
219 500
Total tax
54 650
51 582
59 103
81 397
After tax
164 850
167 918
160 397
138 103
Living cost
13 695
13 695
13 695
13 695
Free-cash
151 155
154 223
146 702
124 408

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75139
₽70516
₽62026
₽53680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
219 500
municipal
-
-
-
1 517
regional
-
-
-
5 276
national
-
-
-
59 349
social contributions
-
-
-
50 854
total
-
-
-
116 996
Employee
85 620
-
219 500
-
social contributions
28 871
-
66 670
-
regional
1 293
-
4 750
-
municipal
511
-
1 375
-
national
14 469
-
52 547
-
total
45 144
-
125 342
-
Employer
85 620
-
219 500
-
total
-
-
-
-
Corporate
133 880
219 500
-
-
nationa
32 131
52 680
-
-
municipal
6 454
10 580
-
-
total
38 585
63 260
-
-
Dividends
95 295
156 241
-
-
withholding
24 777
40 623
-
-
total
24 777
40 623
-
-
Income
219 500
219 500
219 500
219 500
Total tax
108 506
103 883
125 342
116 996
After tax
110 994
115 617
94 158
102 504
Living cost
40 478
40 478
40 478
40 478
Free-cash
70 516
75 139
53 680
62 026

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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