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
₽ 221500
per

Your estimated
City
free-cash

Dresden , Germany
₽81336
₽106831
₽79271
₽92404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income

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

-
-
-
73 486
surtax

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

-
-
-
4 042
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.

-
-
-
6 835
trade
-
-
-
27 560
total
-
-
-
111 923
Employee

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

38 269
-
221 500
-
surtax

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

59
-
4 042
-
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.

1 069
-
73 486
-
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.

6 835
-
6 835
-
total
7 963
-
84 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 231
221 500
-
-
income
27 484
33 226
-
-
surtax

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

1 511
1 827
-
-
chamber of commerce
416
471
-
-
trade
28 859
34 887
-
-
total
58 270
70 411
-
-
Dividends
124 961
151 090
-
-
surtax

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

1 697
2 056
-
-
withholding
30 860
37 391
-
-
total
32 557
39 447
-
-
Income
221 500
221 500
221 500
221 500
Total tax
98 790
109 858
84 363
111 923
After tax
122 710
111 642
137 137
109 577
Living cost
30 306
30 306
30 306
30 306
Free-cash
92 404
81 336
106 831
79 271

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85165
₽75328
₽74139
₽84283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
2 381
municipal
-
-
-
24 528
national
-
-
-
40 821
pensions
-
-
-
26 580
total
-
-
-
94 310
Employee
82 238
-
191 485
-
municipal
10 158
-
25 386
-
pensions
3 290
-
7 659
-
national
15 740
-
42 699
-
total
29 188
-
75 744
-
Employer
82 238
-
191 485
-
pensions
6 579
-
15 319
-
social contributions
884
-
2 058
-
total
7 463
-
17 377
-
Corporate
126 371
221 500
-
-
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%.

25 274
44 300
-
-
total
25 274
44 300
-
-
Dividends
101 097
177 200
-
-
withholding
22 241
38 984
-
-
total
22 241
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 166
83 284
93 121
94 310
After tax
137 334
138 216
128 379
127 190
Living cost
53 051
53 051
53 051
53 051
Free-cash
84 283
85 165
75 328
74 139

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156383
₽75296
₽59507
₽148178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
46 359
surtax
-
-
-
56 483
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
141 177
Employee
29 236
-
173 671
-
surtax
-
-
25 183
-
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.

3 216
-
13 116
-
income
5 204
-
39 260
-
total
8 420
-
77 559
-
Employer
29 236
-
173 671
-
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.

7 042
-
28 726
-
surtax
-
-
19 103
-
total
7 042
-
47 829
-
Corporate
185 221
221 500
-
-
income

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

37 044
44 301
-
-
total
37 044
44 301
-
-
Dividends

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

148 177
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 506
44 301
125 388
141 177
After tax
168 994
177 199
96 112
80 323
Living cost
20 816
20 816
20 816
20 816
Free-cash
148 178
156 383
75 296
59 507

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68423
₽99753
₽77223
₽62293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
78 302
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
102 363
Employee
85 442
85 442
202 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
37 178
-
health
13 114
11 155
12 338
-
total
42 480
36 864
61 239
-
Employer
85 442
85 442
202 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
122 144
121 096
-
-
income
24 429
24 220
-
-
total
24 429
24 220
-
-
Dividends
97 715
96 876
-
-
income
20 764
20 586
-
-
withholding
14 658
14 531
-
-
total
35 422
35 117
-
-
Income
221 500
221 500
221 500
221 500
Total tax
117 293
111 163
79 833
102 363
After tax
104 207
110 337
141 667
119 137
Living cost
41 914
41 914
41 914
41 914
Free-cash
62 293
68 423
99 753
77 223

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79838
₽69170
₽70166
₽78916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
58 270
national
-
-
-
25 867
pensions
-
-
-
9 738
total
-
-
-
110 233
Employee
58 565
-
193 197
-
municipal
17 464
-
57 611
-
national
-
-
25 315
-
total
17 464
-
82 926
-
Employer
58 565
-
193 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
144 534
221 500
-
-
income
31 797
48 730
-
-
total
31 797
48 730
-
-
Dividends
112 736
172 770
-
-
withholding
33 821
51 831
-
-
total
33 821
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 483
100 561
111 229
110 233
After tax
120 017
120 939
110 271
111 267
Living cost
41 101
41 101
41 101
41 101
Free-cash
78 916
79 838
69 170
70 166

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71198
₽97832
₽69047
₽85256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income

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

-
-
-
73 486
surtax

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

-
-
-
4 042
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.

-
-
-
6 835
trade
-
-
-
28 785
total
-
-
-
113 148
Employee

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

50 740
-
221 500
-
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.

239
-
4 042
-
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.

4 359
-
73 486
-
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.

6 835
-
6 835
-
total
11 433
-
84 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 760
221 500
-
-
income
25 614
33 226
-
-
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.

1 409
1 827
-
-
chamber of commerce
395
467
-
-
trade
28 090
36 436
-
-
total
55 508
71 956
-
-
Dividends
115 253
149 544
-
-
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.

1 565
2 035
-
-
withholding
28 433
37 006
-
-
total
29 998
39 041
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 939
110 997
84 363
113 148
After tax
124 561
110 503
137 137
108 352
Living cost
39 305
39 305
39 305
39 305
Free-cash
85 256
71 198
97 832
69 047

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128986
₽114849
₽116676
₽124835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
50 534
social contributions
-
-
-
16 188
health
-
-
-
5 649
total
-
-
-
72 371
Employee
76 937
76 937
209 020
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
49 551
-
health
765
1 308
3 553
-
total
12 583
14 815
61 717
-
Employer
76 937
76 937
209 020
-
health
834
1 424
3 868
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 481
-
Corporate
171 892
136 754
-
-
income
21 486
17 094
-
-
total
21 486
17 094
-
-
Dividends
150 407
119 659
-
-
withholding
25 570
20 343
-
-
total
25 570
20 343
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 212
60 061
74 198
72 371
After tax
157 288
161 439
147 302
149 129
Living cost
32 453
32 453
32 453
32 453
Free-cash
124 835
128 986
114 849
116 676

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105966
₽110034
₽135073
₽106348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
27 078
unemployment
-
-
-
3 323
health
-
-
-
15 505
pensions
-
-
-
22 150
total
-
-
-
68 056
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.

26 520
10 554
185 356
-
unemployment
398
158
2 780
-
pensions
2 652
1 055
18 536
-
income
3 242
1 290
22 660
-
health
1 856
739
12 975
-
total
8 148
3 242
56 951
-
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.

26 520
10 554
185 356
-
pensions
5 171
2 058
36 144
-
total
5 171
2 058
36 144
-
Corporate
189 809
208 887
-
-
income
17 083
18 800
-
-
total
17 083
18 800
-
-
Dividends
172 726
190 088
-
-
social contributions
33 561
36 946
-
-
withholding
32 818
36 117
-
-
total
66 379
73 063
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 781
97 163
93 095
68 056
After tax
124 719
124 337
128 405
153 444
Living cost
18 371
18 371
18 371
18 371
Free-cash
106 348
105 966
110 034
135 073

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153032
₽103505
₽94559
₽146817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
29 681
health
-
-
-
28 794
pensions
-
-
-
44 299
total
-
-
-
102 774
Employee
28 384
-
165 543
-
unemployment
454
-
2 649
-
pensions
568
-
3 311
-
income
3 196
-
31 917
-
total
4 218
-
37 877
-
Employer
28 384
-
165 543
-
health
3 689
-
21 520
-
pensions
5 677
-
33 108
-
unemployment
228
-
1 323
-
total
9 594
-
55 951
-
Corporate
183 522
221 500
-
-
income
36 704
44 301
-
-
total
36 704
44 301
-
-
Dividends
146 818
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 516
44 301
93 828
102 774
After tax
170 984
177 199
127 672
118 726
Living cost
24 167
24 167
24 167
24 167
Free-cash
146 817
153 032
103 505
94 559

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4361
₽99520
₽128961
₽14521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
256
income
-
-
-
63 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 237
Employee
35 083
-
202 009
-
pensions
3 950
-
7 734
-
income
4 813
-
49 322
-
health
4 017
-
23 130
-
total
12 780
-
80 186
-
Employer
35 083
-
202 009
-
pensions
5 705
-
11 169
-
accident
586
-
3 374
-
unemployment
859
-
4 949
-
total
7 150
-
19 492
-
Corporate
179 268
221 500
-
-
income

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

161 341
199 350
-
-
total
161 341
199 350
-
-
Dividends
17 927
22 150
-
-
withholding
3 406
4 209
-
-
total
3 406
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
184 677
203 559
99 678
70 237
After tax
36 823
17 941
121 822
151 263
Living cost
22 302
22 302
22 302
22 302
Free-cash
14 521
-4 361
99 520
128 961

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202360
₽169135
₽211220
₽200848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
221 500
microenterprise

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

-
-
-
2 215
total
-
-
-
2 215
Employee
10 081
-
221 500
-
income
2 016
-
44 300
-
total
2 016
-
44 300
-
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%.

211 419
221 500
-
-
total
-
-
-
-
Dividends
211 419
221 500
-
-
withholding
10 571
11 075
-
-
total
10 571
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 587
11 075
44 300
2 215
After tax
208 913
210 425
177 200
219 285
Living cost
8 065
8 065
8 065
8 065
Free-cash
200 848
202 360
169 135
211 220

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136076
₽104033
₽105869
₽129320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
38 533
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
88 971
Employee
36 329
-
182 912
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
37 919
-
health
509
-
2 130
-
total
9 668
-
52 220
-
Employer
36 329
-
182 912
-
health
509
-
2 130
-
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.

6 177
-
25 866
-
accident
291
-
1 464
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 587
-
Corporate
176 016
221 500
-
-
income
36 962
46 515
-
-
total
36 962
46 515
-
-
Dividends
139 053
174 985
-
-
withholding
9 733
12 249
-
-
total
9 733
12 249
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 520
58 764
90 807
88 971
After tax
155 980
162 736
130 693
132 529
Living cost
26 660
26 660
26 660
26 660
Free-cash
129 320
136 076
104 033
105 869

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73617
₽57249
₽77037
₽81603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 275
pensions
-
-
-
9 860
total
-
-
-
78 135
Employee
93 844
-
193 060
-
pensions
9 053
-
11 784
-
income
16 916
-
55 082
-
health
1 546
-
2 617
-
total
27 515
-
69 483
-
Employer
93 844
-
193 060
-
health
1 782
-
3 667
-
pensions
11 080
-
24 773
-
total
12 862
-
28 440
-
Corporate
114 794
221 500
-
-
income

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

21 811
42 084
-
-
total
21 811
42 084
-
-
Dividends
92 983
179 416
-
-
withholding
11 381
39 471
-
-
total
11 381
39 471
-
-
Income
221 500
221 500
221 500
221 500
Total tax
73 569
81 555
97 923
78 135
After tax
147 931
139 945
123 577
143 365
Living cost
66 328
66 328
66 328
66 328
Free-cash
81 603
73 617
57 249
77 037

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽176270
₽175009
₽165833
₽171623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 225
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
42 554
Employee
17 364
-
214 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
21 464
-
health
799
-
1 607
-
total
4 251
-
26 523
-
Employer
17 364
-
214 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
200 729
221 500
-
-
income
20 073
22 150
-
-
total
20 073
22 150
-
-
Dividends
180 656
199 350
-
-
withholding
9 033
9 967
-
-
total
9 033
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 764
32 117
33 378
42 554
After tax
184 736
189 383
188 122
178 946
Living cost
13 113
13 113
13 113
13 113
Free-cash
171 623
176 270
175 009
165 833

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54855
₽86185
₽63655
₽57370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
78 302
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
102 363
Employee
92 763
85 442
202 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
37 178
-
health
11 573
11 155
12 338
-
total
37 282
36 864
61 239
-
Employer
92 763
85 442
202 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
112 495
121 096
-
-
income
22 500
24 220
-
-
total
22 500
24 220
-
-
Dividends
89 996
96 876
-
-
income
19 124
20 586
-
-
withholding
13 500
14 531
-
-
total
32 624
35 117
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 648
111 163
79 833
102 363
After tax
112 852
110 337
141 667
119 137
Living cost
55 482
55 482
55 482
55 482
Free-cash
57 370
54 855
86 185
63 655

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127643
₽95653
₽105259
₽118774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
23 374
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 332
health
-
-
-
29 902
total
-
-
-
91 381
Employee
36 559
-
175 112
-
solidarity contribution
-
-
1 470
-
social contributions
2 376
-
7 963
-
income
4 387
-
21 526
-
health
4 936
-
23 640
-
total
11 699
-
54 599
-
Employer
36 559
-
175 112
-
health
3 290
-
15 760
-
social contributions
9 140
-
30 628
-
total
12 430
-
46 388
-
Corporate
172 511
221 500
-
-
income
32 777
42 085
-
-
total
32 777
42 085
-
-
Dividends
139 734
179 415
-
-
withholding
20 960
26 912
-
-
total
20 960
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 866
68 997
100 987
91 381
After tax
143 634
152 503
120 513
130 119
Living cost
24 860
24 860
24 860
24 860
Free-cash
118 774
127 643
95 653
105 259

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75959
₽55822
₽64305
₽70737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
50 077
regional
-
-
-
2 784
municipal
-
-
-
1 371
national
-
-
-
60 744
total
-
-
-
114 976
Employee
88 922
-
221 500
-
municipal
471
-
1 247
-
national
15 408
-
54 047
-
regional
839
-
2 513
-
social contributions
29 985
-
65 652
-
total
46 703
-
123 459
-
Employer
88 922
-
221 500
-
total
-
-
-
-
Corporate
132 578
221 500
-
-
municipal
5 170
8 639
-
-
nationa
31 819
53 160
-
-
total
36 989
61 799
-
-
Dividends
95 589
159 701
-
-
withholding
24 852
41 523
-
-
total
24 852
41 523
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 544
103 322
123 459
114 976
After tax
112 956
118 178
98 041
106 524
Living cost
42 219
42 219
42 219
42 219
Free-cash
70 737
75 959
55 822
64 305

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117244
₽76022
₽82141
₽114131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
69 237
other
-
-
-
-
surtax
-
-
-
11 628
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
117 280
Employee
33 087
-
193 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
10 432
-
income
5 546
-
63 254
-
health
845
-
3 404
-
total
11 008
-
95 291
-
Employer
33 087
-
193 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
181 448
221 500
-
-
income
47 177
57 590
-
-
total
47 177
57 590
-
-
Dividends
134 271
163 910
-
-
withholding
20 140
24 587
-
-
total
20 140
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 290
82 177
123 399
117 280
After tax
136 210
139 323
98 101
104 220
Living cost
22 079
22 079
22 079
22 079
Free-cash
114 131
117 244
76 022
82 141

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94632
₽78264
₽98052
₽101181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 275
pensions
-
-
-
9 860
total
-
-
-
78 135
Employee
62 892
-
193 060
-
pensions
5 338
-
11 784
-
income
11 327
-
55 082
-
health
913
-
2 617
-
total
17 578
-
69 483
-
Employer
62 892
-
193 060
-
health
1 195
-
3 667
-
pensions
6 808
-
24 773
-
total
8 003
-
28 440
-
Corporate
150 606
221 500
-
-
income

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

28 615
42 084
-
-
total
28 615
42 084
-
-
Dividends
121 991
179 416
-
-
withholding
20 810
39 471
-
-
total
20 810
39 471
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 006
81 555
97 923
78 135
After tax
146 494
139 945
123 577
143 365
Living cost
45 313
45 313
45 313
45 313
Free-cash
101 181
94 632
78 264
98 052

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22041
₽88566
₽97092
₽55946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other

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

-
-
-
4 431
regional
-
-
-
12 153
health
-
-
-
499
city
-
-
-
2 335
national
-
-
-
5 364
pensions
-
-
-
20 380
total
-
-
-
45 162
Employee
92 738
-
199 097
-
unemployment
-
-
-
-
pensions
7 791
-
15 782
-
national
439
-
4 341
-
regional
3 037
-
10 757
-
city
995
-
2 149
-
health
210
-
448
-
total
12 472
-
33 477
-
Employer
92 738
-
199 097
-
health
210
-
448
-
pensions
7 791
-
15 782
-
unemployment
-
-
-
-
other

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

1 854
-
3 981
-
total
9 855
-
20 211
-
Corporate
117 887
221 500
-
-
regional
24 933
46 847
-
-
national
10 020
18 827
-
-
total
34 953
65 674
-
-
Dividends
82 934
155 826
-
-
withholding
29 028
54 539
-
-
total
29 028
54 539
-
-
Income
221 500
221 500
221 500
221 500
Total tax
86 308
120 213
53 688
45 162
After tax
135 192
101 287
167 812
176 338
Living cost
79 246
79 246
79 246
79 246
Free-cash
55 946
22 041
88 566
97 092

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63527
₽91302
₽61293
₽79751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income

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

-
-
-
73 486
surtax

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

-
-
-
4 042
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.

-
-
-
6 835
trade
-
-
-
30 009
total
-
-
-
114 372
Employee

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

60 131
-
221 500
-
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.

389
-
4 042
-
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.

7 071
-
73 486
-
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.

6 835
-
6 835
-
total
14 295
-
84 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 369
221 500
-
-
income
24 205
33 226
-
-
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.

1 331
1 827
-
-
chamber of commerce
380
463
-
-
trade
27 676
37 988
-
-
total
53 592
73 504
-
-
Dividends
107 778
147 997
-
-
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.

1 462
2 015
-
-
withholding
26 565
36 619
-
-
total
28 027
38 634
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 914
112 138
84 363
114 372
After tax
125 586
109 362
137 137
107 128
Living cost
45 835
45 835
45 835
45 835
Free-cash
79 751
63 527
91 302
61 293

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77404
₽81024
₽87285
₽83315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
40 843
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
10 779
pensions
-
-
-
35 184
total
-
-
-
99 983
Employee
42 822
-
169 111
-
pensions
4 842
-
12 720
-
surtax
-
-
-
-
social contributions
1 221
-
4 819
-
income
2 527
-
36 314
-
total
8 590
-
53 853
-
Employer
42 822
-
169 111
-
health
2 998
-
16 786
-
pensions
7 035
-
21 242
-
unemployment
1 734
-
6 849
-
social contributions
129
-
507
-
other
1 477
-
7 007
-
total
13 373
-
52 391
-
Corporate
165 306
221 500
-
-
income
46 285
62 020
-
-
surtax
-
-
-
-
total
46 285
62 020
-
-
Dividends
119 021
159 480
-
-
surtax
-
-
-
-
social contributions
20 470
27 431
-
-
withholding
15 235
20 413
-
-
total
35 705
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 953
109 864
106 244
99 983
After tax
117 547
111 636
115 256
121 517
Living cost
34 232
34 232
34 232
34 232
Free-cash
83 315
77 404
81 024
87 285

Estimated living cost  is ₽34232 per week

₽21585
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.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80796
₽84416
₽90677
₽86356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
40 843
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
10 779
pensions
-
-
-
35 184
total
-
-
-
99 983
Employee
38 224
-
169 111
-
pensions
4 323
-
12 720
-
surtax
-
-
-
-
social contributions
1 090
-
4 819
-
income
1 971
-
36 314
-
total
7 384
-
53 853
-
Employer
38 224
-
169 111
-
health
2 675
-
16 786
-
pensions
6 281
-
21 242
-
unemployment
1 547
-
6 849
-
social contributions
114
-
507
-
other
1 320
-
7 007
-
total
11 937
-
52 391
-
Corporate
171 338
221 500
-
-
income
47 975
62 020
-
-
surtax
-
-
-
-
total
47 975
62 020
-
-
Dividends
123 363
159 480
-
-
surtax
-
-
-
-
social contributions
21 218
27 431
-
-
withholding
15 790
20 413
-
-
total
37 008
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 304
109 864
106 244
99 983
After tax
117 196
111 636
115 256
121 517
Living cost
30 840
30 840
30 840
30 840
Free-cash
86 356
80 796
84 416
90 677

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113918
₽115133
₽121030
₽114437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 226
social contributions
-
-
-
30 567
health
-
-
-
15 461
total
-
-
-
79 254
Employee
33 924
-
221 500
-
social contributions
4 682
-
30 567
-
income
5 658
-
39 123
-
health
2 368
-
15 461
-
total
12 708
-
85 151
-
Employer
33 924
-
221 500
-
total
-
-
-
-
Corporate
187 576
221 500
-
-
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%.

9 380
11 075
-
-
total
9 380
11 075
-
-
Dividends
178 196
210 425
-
-
social contributions
24 590
29 039
-
-
withholding
26 730
31 564
-
-
health
12 439
14 688
-
-
total
63 759
75 291
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 847
86 366
85 151
79 254
After tax
135 653
135 134
136 349
142 246
Living cost
21 216
21 216
21 216
21 216
Free-cash
114 437
113 918
115 133
121 030

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽86871
₽22853
₽78274
₽85322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
70 184
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
887
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
107 971
Employee
50 003
39 873
182 848
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
58 809
-
health
1 935
1 544
4 523
-
total
14 747
10 162
79 979
-
Employer
50 003
39 873
182 848
-
chamber of commerce
199
159
731
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
5 485
-
other
2 375
1 893
8 125
-
total
14 584
11 672
38 651
-
Corporate
156 911
169 954
179 050
-
income

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

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

39 228
42 488
44 762
-
total
39 228
42 488
44 762
-
Dividends
117 684
127 466
-
-
withholding
32 364
35 052
-
-
total
32 364
35 052
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 923
99 374
163 392
107 971
After tax
120 577
122 126
58 108
113 529
Living cost
35 255
35 255
35 255
35 255
Free-cash
85 322
86 871
22 853
78 274

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85270
₽38980
₽59841
₽72297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
communal

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

-
-
-
11 793
social contributions
-
-
-
24 945
national
-
-
-
88 440
total
-
-
-
125 178
Employee

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

71 569
-
171 558
-
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.

623
-
1 492
-
communal

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

3 733
-
8 949
-
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.

5 368
-
12 868
-
national
22 003
-
64 729
-
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.

3 363
-
8 064
-
total
35 090
-
96 102
-
Employer

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

71 569
-
171 558
-
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.

4 401
-
10 549
-
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.

6 342
-
15 199
-
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.

930
-
2 231
-
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.

1 044
-
2 504
-
surtax
8 115
-
19 454
-
total
20 832
-
49 937
-
Corporate
129 098
221 500
-
-
income
25 819
47 147
-
-
surtax
516
944
-
-
total
26 335
48 091
-
-
Dividends
102 763
173 409
-
-
withholding

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

30 465
51 658
-
-
total
30 465
51 658
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 722
99 749
146 039
125 178
After tax
108 778
121 751
75 461
96 322
Living cost
36 481
36 481
36 481
36 481
Free-cash
72 297
85 270
38 980
59 841

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110964
₽83467
₽87666
₽104111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
835
income
-
-
-
69 879
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
97 700
Employee
49 805
-
191 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
66 445
-
total
13 671
-
72 334
-
Employer
49 805
-
191 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
155 820
221 500
-
-
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.

23 373
33 226
-
-
total
23 373
33 226
-
-
Dividends
132 447
188 274
-
-
withholding
28 336
41 176
-
-
total
28 336
41 176
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 255
74 402
101 899
97 700
After tax
140 245
147 098
119 601
123 800
Living cost
36 134
36 134
36 134
36 134
Free-cash
104 111
110 964
83 467
87 666

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71361
₽58900
₽50071
₽57615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
communal
-
-
-
13 999
accident
-
-
-
1 868
income
-
-
-
41 445
surtax
-
-
-
10 980
health
-
-
-
15 562
pensions
-
-
-
33 201
total
-
-
-
117 055
Employee
75 770
-
197 855
-
pensions
6 061
-
15 828
-
surtax
4 644
-
12 125
-
income
7 319
-
47 822
-
health
3 372
-
8 806
-
total
21 396
-
84 581
-
Employer
75 770
-
197 855
-
health
2 311
-
6 036
-
pensions
6 061
-
15 828
-
accident
682
-
1 781
-
total
9 054
-
23 645
-
Corporate
136 677
221 500
-
-
communal
9 226
14 951
-
-
income
20 502
33 226
-
-
surtax
1 435
2 326
-
-
total
31 163
50 503
-
-
Dividends
105 513
170 998
-
-
income
32 070
19 612
-
-
withholding
15 828
25 650
-
-
total
47 898
45 262
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 511
95 765
108 226
117 055
After tax
111 989
125 735
113 274
104 445
Living cost
54 374
54 374
54 374
54 374
Free-cash
57 615
71 361
58 900
50 071

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116850
₽75628
₽81747
₽113668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
69 237
other
-
-
-
-
surtax
-
-
-
11 628
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
117 280
Employee
33 695
-
193 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
10 432
-
income
5 649
-
63 254
-
health
860
-
3 404
-
total
11 222
-
95 291
-
Employer
33 695
-
193 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
180 712
221 500
-
-
income
46 986
57 590
-
-
total
46 986
57 590
-
-
Dividends
133 726
163 910
-
-
withholding
20 058
24 587
-
-
total
20 058
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 359
82 177
123 399
117 280
After tax
136 141
139 323
98 101
104 220
Living cost
22 473
22 473
22 473
22 473
Free-cash
113 668
116 850
75 628
81 747

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89473
₽70438
₽78877
₽87252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
50 077
regional
-
-
-
3 479
municipal
-
-
-
1 371
national
-
-
-
60 744
total
-
-
-
115 671
Employee
55 502
-
221 500
-
municipal
294
-
1 247
-
national
8 793
-
54 047
-
regional
747
-
3 164
-
social contributions
18 716
-
65 652
-
total
28 550
-
124 110
-
Employer
55 502
-
221 500
-
total
-
-
-
-
Corporate
165 998
221 500
-
-
municipal
8 250
11 009
-
-
nationa
39 839
53 160
-
-
total
48 089
64 169
-
-
Dividends
117 910
157 331
-
-
withholding
30 657
40 906
-
-
total
30 657
40 906
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 296
105 075
124 110
115 671
After tax
114 204
116 425
97 390
105 829
Living cost
26 952
26 952
26 952
26 952
Free-cash
87 252
89 473
70 438
78 877

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121869
₽89879
₽99485
₽110939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
23 374
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 332
health
-
-
-
29 902
total
-
-
-
91 381
Employee
45 050
-
175 112
-
solidarity contribution
-
-
1 470
-
social contributions
2 928
-
7 963
-
income
5 406
-
21 526
-
health
6 082
-
23 640
-
total
14 416
-
54 599
-
Employer
45 050
-
175 112
-
health
4 055
-
15 760
-
social contributions
11 263
-
30 628
-
total
15 318
-
46 388
-
Corporate
161 132
221 500
-
-
income
30 615
42 085
-
-
total
30 615
42 085
-
-
Dividends
130 517
179 415
-
-
withholding
19 578
26 912
-
-
total
19 578
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 927
68 997
100 987
91 381
After tax
141 573
152 503
120 513
130 119
Living cost
30 634
30 634
30 634
30 634
Free-cash
110 939
121 869
89 879
99 485

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90311
₽26238
₽81805
₽89814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
70 184
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
887
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
107 774
Employee
43 737
39 873
183 030
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
58 896
-
health
1 692
1 544
4 523
-
total
11 816
10 162
80 066
-
Employer
43 737
39 873
183 030
-
chamber of commerce
175
159
733
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
5 491
-
other
2 077
1 893
8 130
-
total
12 587
11 475
38 467
-
Corporate
165 177
170 151
179 235
-
income

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

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

41 293
42 537
44 808
-
total
41 293
42 537
44 808
-
Dividends
123 883
127 614
-
-
withholding
34 069
35 094
-
-
total
34 069
35 094
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 765
99 268
163 341
107 774
After tax
121 735
122 232
58 159
113 726
Living cost
31 921
31 921
31 921
31 921
Free-cash
89 814
90 311
26 238
81 805

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197857
₽164632
₽206717
₽195500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
221 500
microenterprise

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

-
-
-
2 215
total
-
-
-
2 215
Employee
15 710
-
221 500
-
income
3 142
-
44 300
-
total
3 142
-
44 300
-
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%.

205 790
221 500
-
-
total
-
-
-
-
Dividends
205 790
221 500
-
-
withholding
10 290
11 075
-
-
total
10 290
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 432
11 075
44 300
2 215
After tax
208 068
210 425
177 200
219 285
Living cost
12 568
12 568
12 568
12 568
Free-cash
195 500
197 857
164 632
206 717

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125666
₽71566
₽76377
₽117296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
55 707
unemployment
-
-
-
332
health
-
-
-
21 795
pensions
-
-
-
40 452
total
-
-
-
118 286
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.

44 244
-
191 658
-
unemployment
63
-
268
-
pensions
6 858
-
29 707
-
income
7 630
-
50 898
-
health
2 858
-
12 382
-
total
17 409
-
93 255
-
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.

44 244
-
191 658
-
health
2 947
-
12 765
-
pensions
3 915
-
16 961
-
unemployment
27
-
116
-
total
6 889
-
29 842
-
Corporate
170 367
221 500
-
-
income
32 369
42 085
-
-
total
32 369
42 085
-
-
Dividends
137 998
179 415
-
-
withholding
20 700
26 912
-
-
total
20 700
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 367
68 997
123 097
118 286
After tax
144 133
152 503
98 403
103 214
Living cost
26 837
26 837
26 837
26 837
Free-cash
117 296
125 666
71 566
76 377

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90950
₽164332
₽109263
₽42653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
43 175
social contributions
-
-
-
25 251
total
-
-
-
68 426
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
70 108
221 500
-
-
income
15 424
48 730
-
-
total
15 424
48 730
-
-
Dividends
54 684
172 770
-
-
income
12 031
38 009
-
-
total
12 031
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
135 036
86 739
13 357
68 426
After tax
86 464
134 761
208 143
153 074
Living cost
43 811
43 811
43 811
43 811
Free-cash
42 653
90 950
164 332
109 263

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94605
₽67172
₽84336
₽93598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
28 808
surtax
-
-
-
-
social contributions

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

-
-
-
76 972
total
-
-
-
105 780
Employee
46 017
-
178 990
-
surtax
-
-
184
-
social contributions
5 062
-
19 690
-
income
9 572
-
60 560
-
total
14 634
-
80 434
-
Employer
46 017
-
178 990
-
social contributions
10 929
-
42 510
-
total
10 929
-
42 510
-
Corporate
164 554
221 500
-
-
income
34 557
46 515
-
-
surtax
-
-
-
-
total
34 557
46 515
-
-
Dividends
129 997
174 985
-
-
withholding
36 398
48 996
-
-
total
36 398
48 996
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 518
95 511
122 944
105 780
After tax
124 982
125 989
98 556
115 720
Living cost
31 384
31 384
31 384
31 384
Free-cash
93 598
94 605
67 172
84 336

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63311
₽66931
₽73192
₽70188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
40 843
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
10 779
pensions
-
-
-
35 184
total
-
-
-
99 983
Employee
62 666
-
169 111
-
pensions
7 088
-
12 720
-
surtax
-
-
-
-
social contributions
1 785
-
4 819
-
income
5 468
-
36 314
-
total
14 341
-
53 853
-
Employer
62 666
-
169 111
-
health
4 386
-
16 786
-
pensions
10 297
-
21 242
-
unemployment
2 539
-
6 849
-
social contributions
188
-
507
-
other
2 163
-
7 007
-
total
19 573
-
52 391
-
Corporate
139 262
221 500
-
-
income
38 994
62 020
-
-
surtax
-
-
-
-
total
38 994
62 020
-
-
Dividends
100 268
159 480
-
-
surtax
-
-
-
-
social contributions
17 246
27 431
-
-
withholding
12 833
20 413
-
-
total
30 079
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
102 987
109 864
106 244
99 983
After tax
118 513
111 636
115 256
121 517
Living cost
48 325
48 325
48 325
48 325
Free-cash
70 188
63 311
66 931
73 192

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169274
₽137379
₽131492
₽165913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
11 201
social contributions
-
-
-
48 731
total
-
-
-
59 932
Employee
32 166
-
191 776
-
income
-
-
11 856
-
social contributions
2 090
-
12 465
-
total
2 090
-
24 321
-
Employer
32 166
-
191 776
-
social contributions
4 986
-
29 724
-
total
4 986
-
29 724
-
Corporate
184 348
221 500
-
-
income
18 435
22 150
-
-
total
18 435
22 150
-
-
Dividends
165 913
199 350
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 511
22 150
54 045
59 932
After tax
195 989
199 350
167 455
161 568
Living cost
30 076
30 076
30 076
30 076
Free-cash
165 913
169 274
137 379
131 492

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3617
₽3617
₽79854
₽2059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
labour market
-
-
-
17 651
municipal
-
-
-
47 486
national
-
-
-
27 481
pensions
-
-
-
867
total
-
-
-
93 485
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
3 617
-
-
-
income
796
-
-
-
total
796
-
-
-
Dividends
2 821
-
-
-
withholding
762
-
-
-
total
762
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
171 280
169 722
169 722
93 485
After tax
50 220
51 778
51 778
128 015
Living cost
48 161
48 161
48 161
48 161
Free-cash
2 059
3 617
3 617
79 854

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4032
₽99849
₽129290
₽14572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
256
income
-
-
-
63 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 237
Employee
34 565
-
202 009
-
pensions
3 892
-
7 734
-
income
4 742
-
49 322
-
health
3 958
-
23 130
-
total
12 592
-
80 186
-
Employer
34 565
-
202 009
-
pensions
5 620
-
11 169
-
accident
577
-
3 374
-
unemployment
847
-
4 949
-
total
7 044
-
19 492
-
Corporate
179 890
221 500
-
-
income

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

161 901
199 350
-
-
total
161 901
199 350
-
-
Dividends
17 989
22 150
-
-
withholding
3 418
4 209
-
-
total
3 418
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
184 955
203 559
99 678
70 237
After tax
36 545
17 941
121 822
151 263
Living cost
21 973
21 973
21 973
21 973
Free-cash
14 572
-4 032
99 849
129 290

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97570
₽72506
₽97875
₽100662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
221 500
health
-
-
-
2 994
municipal
-
-
-
39 332
national
-
-
-
42 885
total
-
-
-
85 211
Employee
52 641
-
186 338
-
municipal
8 622
-
30 332
-
unemployment
790
-
2 795
-
pensions
3 553
-
12 577
-
national
870
-
27 264
-
health
393
-
2 451
-
total
14 228
-
75 419
-
Employer
52 641
-
186 338
-
health
404
-
1 435
-
pensions
9 133
-
32 329
-
accident
53
-
186
-
unemployment
342
-
1 211
-
total
9 932
-
35 161
-
Corporate
158 927
221 500
-
-
income
31 785
44 301
-
-
total
31 785
44 301
-
-
Dividends

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

95 357
132 899
-
-
municipal
17 164
23 922
-
-
national
9 315
17 293
-
-
total
26 479
41 215
-
-
Income
221 500
221 500
221 500
221 500
Total tax
82 424
85 516
110 580
85 211
After tax
139 076
135 984
110 920
136 289
Living cost
38 414
38 414
38 414
38 414
Free-cash
100 662
97 570
72 506
97 875

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138274
₽124137
₽125964
₽132830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
50 534
social contributions
-
-
-
16 188
health
-
-
-
5 649
total
-
-
-
72 371
Employee
76 937
76 937
209 020
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
49 551
-
health
596
1 308
3 553
-
total
11 882
14 815
61 717
-
Employer
76 937
76 937
209 020
-
health
647
1 424
3 868
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 481
-
Corporate
182 896
136 754
-
-
income
22 862
17 094
-
-
total
22 862
17 094
-
-
Dividends
160 034
119 659
-
-
withholding
27 205
20 343
-
-
total
27 205
20 343
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 505
60 061
74 198
72 371
After tax
155 995
161 439
147 302
149 129
Living cost
23 165
23 165
23 165
23 165
Free-cash
132 830
138 274
124 137
125 964

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167539
₽152621
₽172690
₽162447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
221 500
income
-
-
-
22 910
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
32 924
Employee

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

22 966
-
211 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
20 430
-
health
1 952
-
8 070
-
total
7 080
-
43 215
-
Employer

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

22 966
-
211 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
196 170
221 500
-
-
income
17 656
19 935
-
-
total
17 656
19 935
-
-
Dividends
178 514
201 565
-
-
withholding
16 067
18 140
-
-
total
16 067
18 140
-
-
Income
221 500
221 500
221 500
221 500
Total tax
43 167
38 075
52 993
32 924
After tax
178 333
183 425
168 507
188 576
Living cost
15 886
15 886
15 886
15 886
Free-cash
162 447
167 539
152 621
172 690

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119584
₽92087
₽96286
₽115167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
835
income
-
-
-
69 879
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
97 700
Employee
36 996
-
191 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
66 445
-
total
9 481
-
72 334
-
Employer
36 996
-
191 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
172 709
221 500
-
-
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.

25 906
33 226
-
-
total
25 906
33 226
-
-
Dividends
146 803
188 274
-
-
withholding
31 638
41 176
-
-
total
31 638
41 176
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 819
74 402
101 899
97 700
After tax
142 681
147 098
119 601
123 800
Living cost
27 514
27 514
27 514
27 514
Free-cash
115 167
119 584
92 087
96 286

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136276
₽140758
₽140896
₽135957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
76 223
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
78 664
Employee
2 954
-
219 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
76 149
-
health
148
-
354
-
total
1 015
-
77 211
-
Employer
2 954
-
219 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
217 881
221 500
-
-
income
47 934
48 730
-
-
total
47 934
48 730
-
-
Dividends
169 947
172 770
-
-
withholding
33 989
34 554
-
-
total
33 989
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 603
83 284
78 802
78 664
After tax
137 897
138 216
142 698
142 836
Living cost
1 940
1 940
1 940
1 940
Free-cash
135 957
136 276
140 758
140 896

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142732
₽125053
₽125054
₽137808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
51 196
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
79 144
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.

26 090
-
208 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
51 196
-
health
1 344
-
3 808
-
total
8 789
-
65 910
-
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.

26 090
-
208 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
190 740
221 500
-
-
income
28 611
33 225
-
-
total
28 611
33 225
-
-
Dividends
162 129
188 275
-
-
withholding
24 319
28 241
-
-
total
24 319
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 390
61 466
79 145
79 144
After tax
155 110
160 034
142 355
142 356
Living cost
17 302
17 302
17 302
17 302
Free-cash
137 808
142 732
125 053
125 054

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99015
₽71582
₽88746
₽98655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
28 808
surtax
-
-
-
-
social contributions

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

-
-
-
76 972
total
-
-
-
105 780
Employee
38 833
-
178 990
-
surtax
-
-
184
-
social contributions
4 272
-
19 690
-
income
7 588
-
60 560
-
total
11 860
-
80 434
-
Employer
38 833
-
178 990
-
social contributions
9 222
-
42 510
-
total
9 222
-
42 510
-
Corporate
173 445
221 500
-
-
income
36 423
46 515
-
-
surtax
-
-
-
-
total
36 423
46 515
-
-
Dividends
137 021
174 985
-
-
withholding
38 366
48 996
-
-
total
38 366
48 996
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 871
95 511
122 944
105 780
After tax
125 629
125 989
98 556
115 720
Living cost
26 974
26 974
26 974
26 974
Free-cash
98 655
99 015
71 582
88 746

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111934
₽84437
₽88636
₽105388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
835
income
-
-
-
69 879
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
97 700
Employee
48 322
-
191 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
66 445
-
total
13 159
-
72 334
-
Employer
48 322
-
191 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
157 772
221 500
-
-
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.

23 666
33 226
-
-
total
23 666
33 226
-
-
Dividends
134 107
188 274
-
-
withholding
28 718
41 176
-
-
total
28 718
41 176
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 949
74 402
101 899
97 700
After tax
140 551
147 098
119 601
123 800
Living cost
35 164
35 164
35 164
35 164
Free-cash
105 388
111 934
84 437
88 636

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172178
₽170917
₽161741
₽166083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 225
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
42 554
Employee
22 782
-
214 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
21 464
-
health
1 048
-
1 607
-
total
5 577
-
26 523
-
Employer
22 782
-
214 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
194 248
221 500
-
-
income
19 424
22 150
-
-
total
19 424
22 150
-
-
Dividends
174 823
199 350
-
-
withholding
8 741
9 967
-
-
total
8 741
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
38 212
32 117
33 378
42 554
After tax
183 288
189 383
188 122
178 946
Living cost
17 205
17 205
17 205
17 205
Free-cash
166 083
172 178
170 917
161 741

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75291
₽98509
₽73398
₽88380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income

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

-
-
-
73 486
surtax

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

-
-
-
4 042
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.

-
-
-
6 835
trade
-
-
-
25 111
total
-
-
-
109 474
Employee

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

49 783
-
221 500
-
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.

226
-
4 042
-
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.

4 094
-
73 486
-
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.

6 835
-
6 835
-
total
11 155
-
84 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 717
221 500
-
-
income
25 758
33 226
-
-
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.

1 416
1 827
-
-
chamber of commerce
404
477
-
-
trade
24 642
31 785
-
-
total
52 220
67 315
-
-
Dividends
119 496
154 187
-
-
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.

1 622
2 100
-
-
withholding
29 495
38 166
-
-
total
31 117
40 266
-
-
Income
221 500
221 500
221 500
221 500
Total tax
94 492
107 581
84 363
109 474
After tax
127 008
113 919
137 137
112 026
Living cost
38 628
38 628
38 628
38 628
Free-cash
88 380
75 291
98 509
73 398

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98056
₽54440
₽54440
₽100263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
72 062
social contributions
-
-
-
38 003
total
-
-
-
110 065
Employee
78 265
-
221 500
-
income
14 768
-
72 062
-
social contributions
6 502
-
38 003
-
total
21 270
-
110 065
-
Employer
78 265
-
221 500
-
total
-
-
-
-
Corporate
143 235
221 500
-
-
income
17 905
27 687
-
-
total
17 905
27 687
-
-
Dividends
125 330
193 813
-
-
withholding
25 067
38 762
-
-
total
25 067
38 762
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 242
66 449
110 065
110 065
After tax
157 258
155 051
111 435
111 435
Living cost
56 995
56 995
56 995
56 995
Free-cash
100 263
98 056
54 440
54 440

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102369
₽118411
₽145935
₽105865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
33 226
health

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

-
-
-
6 019
total
-
-
-
39 245
Employee
45 899
-
216 898
-
income
4 980
-
57 565
-
social contributions
4 599
-
4 602
-
total
9 579
-
62 167
-
Employer
45 899
-
216 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
171 002
221 500
-
-
income
59 851
77 525
-
-
total
59 851
77 525
-
-
Dividends
111 151
143 975
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 315
82 811
66 769
39 245
After tax
142 185
138 689
154 731
182 255
Living cost
36 320
36 320
36 320
36 320
Free-cash
105 865
102 369
118 411
145 935

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103107
₽86739
₽106527
₽108978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 275
pensions
-
-
-
9 860
total
-
-
-
78 135
Employee
50 566
-
193 060
-
pensions
3 859
-
11 784
-
income
9 208
-
55 082
-
health
660
-
2 617
-
total
13 727
-
69 483
-
Employer
50 566
-
193 060
-
health
961
-
3 667
-
pensions
5 109
-
24 773
-
total
6 070
-
28 440
-
Corporate
164 864
221 500
-
-
income

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

31 325
42 084
-
-
total
31 325
42 084
-
-
Dividends
133 539
179 416
-
-
withholding
24 562
39 471
-
-
total
24 562
39 471
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 684
81 555
97 923
78 135
After tax
145 816
139 945
123 577
143 365
Living cost
36 838
36 838
36 838
36 838
Free-cash
108 978
103 107
86 739
106 527

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6208
₽97673
₽127114
₽14239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
256
income
-
-
-
63 176
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 237
Employee
37 987
-
202 009
-
pensions
4 277
-
7 734
-
income
5 211
-
49 322
-
health
4 349
-
23 130
-
total
13 837
-
80 186
-
Employer
37 987
-
202 009
-
pensions
6 176
-
11 169
-
accident
634
-
3 374
-
unemployment
931
-
4 949
-
total
7 741
-
19 492
-
Corporate
175 772
221 500
-
-
income

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

158 194
199 350
-
-
total
158 194
199 350
-
-
Dividends
17 577
22 150
-
-
withholding
3 340
4 209
-
-
total
3 340
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
183 112
203 559
99 678
70 237
After tax
38 388
17 941
121 822
151 263
Living cost
24 149
24 149
24 149
24 149
Free-cash
14 239
-6 208
97 673
127 114

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155934
₽148781
₽126780
₽152907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
221 500
income
-
-
-
37 205
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
81 206
Employee

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

21 623
-
221 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
37 205
-
total
8 108
-
59 205
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 877
221 500
-
-
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%.

19 988
22 150
-
-
total
19 988
22 150
-
-
Dividends
179 889
199 350
-
-
withholding
26 983
29 902
-
-
total
26 983
29 902
-
-
Income
221 500
221 500
221 500
221 500
Total tax
55 079
52 052
59 205
81 206
After tax
166 421
169 448
162 295
140 294
Living cost
13 514
13 514
13 514
13 514
Free-cash
152 907
155 934
148 781
126 780

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76812
₽55683
₽63902
₽72258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
50 077
regional
-
-
-
5 374
municipal
-
-
-
1 544
national
-
-
-
60 744
total
-
-
-
117 739
Employee
84 312
-
221 500
-
municipal
503
-
1 403
-
national
14 248
-
54 047
-
regional
1 273
-
4 856
-
social contributions
28 430
-
65 652
-
total
44 454
-
125 958
-
Employer
84 312
-
221 500
-
total
-
-
-
-
Corporate
137 188
221 500
-
-
municipal
6 613
10 676
-
-
nationa
32 926
53 160
-
-
total
39 539
63 836
-
-
Dividends
97 649
157 663
-
-
withholding
25 390
40 993
-
-
total
25 390
40 993
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 383
104 829
125 958
117 739
After tax
112 117
116 671
95 542
103 761
Living cost
39 859
39 859
39 859
39 859
Free-cash
72 258
76 812
55 683
63 902

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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