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
₽107291
₽82174
₽79528
₽92932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
74 029
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.

-
-
-
4 072
trade
-
-
-
27 763
total
-
-
-
112 509
Employee

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

37 205
-
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.

57
-
4 072
-
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.

1 039
-
74 029
-
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.

6 645
-
6 645
-
total
7 741
-
84 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 295
221 500
-
-
chamber of commerce
412
465
-
-
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.

1 521
1 827
-
-
trade
29 027
34 886
-
-
income
27 645
33 225
-
-
total
58 605
70 403
-
-
Dividends
125 690
151 096
-
-
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.

1 707
2 056
-
-
withholding
31 052
37 404
-
-
total
32 759
39 460
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 105
109 863
84 746
112 509
After tax
122 395
111 637
136 754
108 991
Living cost
29 463
29 463
29 463
29 463
Free-cash
92 932
82 174
107 291
79 528

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76518
₽86919
₽75328
₽86065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
26 580
national
-
-
-
41 342
municipal
-
-
-
24 572
total
-
-
-
94 875
Employee
79 519
-
191 485
-
municipal
9 822
-
25 429
-
national
15 220
-
43 220
-
pensions
3 181
-
7 659
-
total
28 223
-
76 308
-
Employer
79 519
-
191 485
-
pensions
6 362
-
15 319
-
social contributions
855
-
2 058
-
total
7 217
-
17 377
-
Corporate
129 516
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%.

25 903
44 300
-
-
total
25 903
44 300
-
-
Dividends
103 613
177 200
-
-
withholding
22 795
38 984
-
-
total
22 795
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 138
83 284
93 685
94 875
After tax
137 362
138 216
127 815
126 625
Living cost
51 297
51 297
51 297
51 297
Free-cash
86 065
86 919
76 518
75 328

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76205
₽156962
₽60509
₽148984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
37 269
income
-
-
-
47 003
surtax
-
-
-
56 482
microenterprise
-
-
-
-
total
-
-
-
140 754
Employee
28 424
-
174 390
-
surtax
-
-
25 287
-
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.

3 127
-
12 752
-
income
5 060
-
39 909
-
total
8 187
-
77 948
-
Employer
28 424
-
174 390
-
surtax
-
-
19 183
-
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.

6 847
-
27 927
-
total
6 847
-
47 110
-
Corporate
186 230
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%.

37 245
44 301
-
-
total
37 245
44 301
-
-
Dividends

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

148 984
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 279
44 301
125 058
140 754
After tax
169 221
177 199
96 442
80 746
Living cost
20 237
20 237
20 237
20 237
Free-cash
148 984
156 962
76 205
60 509

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100906
₽69662
₽78047
₽63703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
79 312
pensions
-
-
-
11 397
total
-
-
-
102 704
Employee
83 067
83 067
203 423
-
income

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

13 597
13 597
38 376
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
61 768
-
Employer
83 067
83 067
203 423
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
124 906
123 887
-
-
income
24 981
24 778
-
-
total
24 981
24 778
-
-
Dividends
99 925
99 109
-
-
income
21 234
21 060
-
-
withholding
14 989
14 867
-
-
total
36 223
35 927
-
-
Income
221 500
221 500
221 500
221 500
Total tax
117 048
111 089
79 845
102 704
After tax
104 452
110 411
141 655
118 796
Living cost
40 749
40 749
40 749
40 749
Free-cash
63 703
69 662
100 906
78 047

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69635
₽80457
₽70617
₽79548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
26 311
unemployment
-
-
-
89
municipal
-
-
-
58 387
total
-
-
-
110 401
Employee
57 684
-
193 623
-
municipal
17 201
-
57 738
-
national
-
-
25 768
-
total
17 201
-
83 506
-
Employer
57 684
-
193 623
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
145 692
221 500
-
-
income
32 052
48 730
-
-
total
32 052
48 730
-
-
Dividends
113 640
172 770
-
-
withholding
34 092
51 831
-
-
total
34 092
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 470
100 561
111 383
110 401
After tax
120 030
120 939
110 117
111 099
Living cost
40 482
40 482
40 482
40 482
Free-cash
79 548
80 457
69 635
70 617

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98541
₽72283
₽69543
₽85949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
74 029
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.

-
-
-
4 072
trade
-
-
-
28 998
total
-
-
-
113 744
Employee

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

49 329
-
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.

233
-
4 072
-
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.

4 238
-
74 029
-
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.

6 645
-
6 645
-
total
11 116
-
84 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 171
221 500
-
-
chamber of commerce
393
463
-
-
surtax

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

1 421
1 827
-
-
trade
28 322
36 437
-
-
income
25 826
33 225
-
-
total
55 962
71 952
-
-
Dividends
116 208
149 547
-
-
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.

1 578
2 036
-
-
withholding
28 682
37 016
-
-
total
30 260
39 052
-
-
Income
221 500
221 500
221 500
221 500
Total tax
97 338
111 004
84 746
113 744
After tax
124 162
110 496
136 754
107 756
Living cost
38 213
38 213
38 213
38 213
Free-cash
85 949
72 283
98 541
69 543

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
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.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115522
₽129872
₽117333
₽125839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
5 649
income
-
-
-
51 230
total
-
-
-
72 617
Employee
74 798
74 798
209 256
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
50 254
-
health
744
1 272
3 557
-
total
12 233
14 404
62 184
-
Employer
74 798
74 798
209 256
-
health
810
1 384
3 871
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
12 244
-
Corporate
173 272
139 110
-
-
income
21 658
17 389
-
-
total
21 658
17 389
-
-
Dividends
151 613
121 721
-
-
withholding
25 775
20 693
-
-
total
25 775
20 693
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 111
60 078
74 428
72 617
After tax
157 389
161 422
147 072
148 883
Living cost
31 550
31 550
31 550
31 550
Free-cash
125 839
129 872
115 522
117 333

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
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.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110704
₽106621
₽135743
₽106989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 505
income
-
-
-
27 078
pensions
-
-
-
22 150
unemployment
-
-
-
3 323
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.

25 551
10 169
185 356
-
income
3 124
1 243
22 660
-
pensions
2 555
1 017
18 536
-
health
1 789
712
12 975
-
unemployment
383
153
2 780
-
total
7 851
3 125
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.

25 551
10 169
185 356
-
pensions
4 983
1 983
36 144
-
total
4 983
1 983
36 144
-
Corporate
190 966
209 348
-
-
income
17 187
18 841
-
-
total
17 187
18 841
-
-
Dividends
173 779
190 507
-
-
social contributions
33 771
37 033
-
-
withholding
33 018
36 196
-
-
total
66 789
73 229
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 810
97 178
93 095
68 056
After tax
124 690
124 322
128 405
153 444
Living cost
17 701
17 701
17 701
17 701
Free-cash
106 989
106 621
110 704
135 743

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104171
₽153704
₽95228
₽147662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
28 795
income
-
-
-
29 681
pensions
-
-
-
44 301
total
-
-
-
102 777
Employee
27 595
-
165 546
-
income
3 107
-
31 918
-
pensions
552
-
3 312
-
unemployment
441
-
2 649
-
total
4 100
-
37 879
-
Employer
27 595
-
165 546
-
unemployment
222
-
1 324
-
health
3 587
-
21 522
-
pensions
5 519
-
33 109
-
total
9 328
-
55 955
-
Corporate
184 578
221 500
-
-
income
36 915
44 301
-
-
total
36 915
44 301
-
-
Dividends
147 663
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 343
44 301
93 834
102 777
After tax
171 157
177 199
127 666
118 723
Living cost
23 495
23 495
23 495
23 495
Free-cash
147 662
153 704
104 171
95 228

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100479
-₽3613
₽129688
₽14635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
63 435
pensions
-
-
-
4 076
total
-
-
-
70 258
Employee
33 906
-
202 368
-
income
4 652
-
49 689
-
pensions
3 818
-
7 475
-
health
3 882
-
23 171
-
total
12 352
-
80 335
-
Employer
33 906
-
202 368
-
unemployment
831
-
4 958
-
accident
566
-
3 380
-
pensions
5 513
-
10 794
-
total
6 910
-
19 132
-
Corporate
180 684
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.

162 616
199 350
-
-
total
162 616
199 350
-
-
Dividends
18 069
22 150
-
-
withholding
3 433
4 209
-
-
total
3 433
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 311
203 559
99 467
70 258
After tax
36 189
17 941
122 033
151 242
Living cost
21 554
21 554
21 554
21 554
Free-cash
14 635
-3 613
100 479
129 688

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169206
₽202431
₽211291
₽200932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 992
-
221 500
-
income
1 998
-
44 300
-
total
1 998
-
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%.

211 508
221 500
-
-
total
-
-
-
-
Dividends
211 508
221 500
-
-
withholding
10 576
11 075
-
-
total
10 576
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 574
11 075
44 300
2 215
After tax
208 926
210 425
177 200
219 285
Living cost
7 994
7 994
7 994
7 994
Free-cash
200 932
202 431
169 206
211 291

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105722
₽136815
₽107544
₽130245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
39 001
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.

-
-
-
35 501
total
-
-
-
88 037
Employee
35 319
-
183 937
-
income
6 081
-
38 392
-
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.

2 472
-
10 354
-
health
495
-
2 071
-
unemployment
353
-
1 479
-
total
9 401
-
52 296
-
Employer
35 319
-
183 937
-
other
1 767
-
7 395
-
unemployment
353
-
1 479
-
health
495
-
2 071
-
accident
282
-
1 471
-
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.

6 005
-
25 147
-
total
8 902
-
37 563
-
Corporate
177 280
221 500
-
-
income
37 229
46 516
-
-
total
37 229
46 516
-
-
Dividends
140 051
174 984
-
-
withholding
9 804
12 250
-
-
total
9 804
12 250
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 336
58 766
89 859
88 037
After tax
156 164
162 734
131 641
133 463
Living cost
25 919
25 919
25 919
25 919
Free-cash
130 245
136 815
105 722
107 544

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58648
₽74842
₽78413
₽82621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 754
pensions
-
-
-
9 718
total
-
-
-
78 472
Employee
91 421
-
193 018
-
income
16 480
-
55 577
-
health
1 506
-
2 598
-
pensions
8 820
-
11 580
-
total
26 806
-
69 755
-
Employer
91 421
-
193 018
-
health
1 736
-
3 668
-
pensions
10 794
-
24 814
-
total
12 530
-
28 482
-
Corporate
117 549
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.

22 335
42 085
-
-
total
22 335
42 085
-
-
Dividends
95 214
179 415
-
-
withholding
12 593
39 958
-
-
total
12 593
39 958
-
-
Income
221 500
221 500
221 500
221 500
Total tax
74 264
82 043
98 237
78 472
After tax
147 236
139 457
123 263
143 028
Living cost
64 615
64 615
64 615
64 615
Free-cash
82 621
74 842
58 648
78 413

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽175942
₽176773
₽166696
₽172305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
33 225
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
42 194
Employee
16 697
-
214 909
-
income
1 669
-
21 491
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
26 356
-
Employer
16 697
-
214 909
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
201 527
221 500
-
-
income
20 153
22 150
-
-
total
20 153
22 150
-
-
Dividends
181 374
199 350
-
-
withholding
9 069
9 967
-
-
total
9 069
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 585
32 117
32 948
42 194
After tax
184 915
189 383
188 552
179 306
Living cost
12 610
12 610
12 610
12 610
Free-cash
172 305
176 773
175 942
166 696

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87716
₽56472
₽64857
₽58918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 995
income
-
-
-
79 312
pensions
-
-
-
11 397
total
-
-
-
102 704
Employee
90 184
83 067
203 423
-
income

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

13 597
13 597
38 376
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
61 768
-
Employer
90 184
83 067
203 423
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
115 526
123 887
-
-
income
23 106
24 778
-
-
total
23 106
24 778
-
-
Dividends
92 420
99 109
-
-
income
19 639
21 060
-
-
withholding
13 863
14 867
-
-
total
33 502
35 927
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 643
111 089
79 845
102 704
After tax
112 857
110 411
141 655
118 796
Living cost
53 939
53 939
53 939
53 939
Free-cash
58 918
56 472
87 716
64 857

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97051
₽128481
₽106749
₽119912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
29 902
income
-
-
-
23 555
solidarity contribution
-
-
-
2 706
total
-
-
-
90 729
Employee
35 326
-
176 060
-
social contributions
2 296
-
7 695
-
solidarity contribution
-
-
1 835
-
income
4 239
-
21 690
-
health
4 769
-
23 768
-
total
11 304
-
54 988
-
Employer
35 326
-
176 060
-
health
3 179
-
15 845
-
social contributions
8 831
-
29 594
-
total
12 010
-
45 439
-
Corporate
174 163
221 500
-
-
income
33 091
42 085
-
-
total
33 091
42 085
-
-
Dividends
141 072
179 415
-
-
withholding
21 161
26 912
-
-
total
21 161
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 566
68 997
100 427
90 729
After tax
143 934
152 503
121 073
130 771
Living cost
24 022
24 022
24 022
24 022
Free-cash
119 912
128 481
97 051
106 749

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57624
₽77134
₽65870
₽72053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 685
national
-
-
-
61 702
regional
-
-
-
2 814
municipal
-
-
-
1 383
total
-
-
-
114 584
Employee
86 450
-
221 500
-
social contributions
29 151
-
63 827
-
municipal
458
-
1 261
-
national
14 980
-
55 192
-
regional
816
-
2 550
-
total
45 405
-
122 830
-
Employer
86 450
-
221 500
-
total
-
-
-
-
Corporate
135 050
221 500
-
-
nationa
32 413
53 159
-
-
municipal
5 266
8 639
-
-
total
37 679
61 798
-
-
Dividends
97 371
159 702
-
-
withholding
25 317
41 522
-
-
total
25 317
41 522
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 401
103 320
122 830
114 584
After tax
113 099
118 180
98 670
106 916
Living cost
41 046
41 046
41 046
41 046
Free-cash
72 053
77 134
57 624
65 870

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76741
₽117860
₽82688
₽114831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
70 085
pensions
-
-
-
25 965
surtax
-
-
-
11 858
unemployment
-
-
-
222
total
-
-
-
117 347
Employee
32 168
-
194 173
-
surtax
105
-
10 695
-
income
5 392
-
64 266
-
other
-
-
-
-
pensions
2 145
-
8 659
-
health
821
-
3 310
-
unemployment
2 239
-
9 036
-
total
10 702
-
95 966
-
Employer
32 168
-
194 173
-
other
-
-
-
-
unemployment
1 019
-
4 115
-
health
1 464
-
5 907
-
pensions
4 288
-
17 306
-
total
6 771
-
27 328
-
Corporate
182 562
221 500
-
-
income
47 466
57 589
-
-
total
47 466
57 589
-
-
Dividends
135 095
163 911
-
-
withholding
20 265
24 586
-
-
total
20 265
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 204
82 175
123 294
117 347
After tax
136 296
139 325
98 206
104 153
Living cost
21 465
21 465
21 465
21 465
Free-cash
114 831
117 860
76 741
82 688

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79120
₽95314
₽98885
₽101697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 754
pensions
-
-
-
9 718
total
-
-
-
78 472
Employee
61 268
-
193 018
-
income
11 035
-
55 577
-
health
889
-
2 598
-
pensions
5 200
-
11 580
-
total
17 124
-
69 755
-
Employer
61 268
-
193 018
-
health
1 164
-
3 668
-
pensions
6 632
-
24 814
-
total
7 796
-
28 482
-
Corporate
152 436
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.

28 963
42 085
-
-
total
28 963
42 085
-
-
Dividends
123 473
179 415
-
-
withholding
21 777
39 958
-
-
total
21 777
39 958
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 660
82 043
98 237
78 472
After tax
145 840
139 457
123 263
143 028
Living cost
44 143
44 143
44 143
44 143
Free-cash
101 697
95 314
79 120
98 885

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽89009
₽22503
₽97480
₽56211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 429
health
-
-
-
498
pensions
-
-
-
20 378
city
-
-
-
2 335
national
-
-
-
5 410
regional
-
-
-
12 187
total
-
-
-
45 237
Employee
92 196
-
199 131
-
national
436
-
4 390
-
city
989
-
2 151
-
pensions
7 746
-
15 748
-
health
208
-
447
-
regional
3 019
-
10 795
-
unemployment
-
-
-
-
total
12 398
-
33 531
-
Employer
92 196
-
199 131
-
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.

1 843
-
3 982
-
unemployment
-
-
-
-
health
208
-
447
-
pensions
7 746
-
15 748
-
total
9 797
-
20 177
-
Corporate
118 493
221 500
-
-
regional
25 062
46 846
-
-
national
10 073
18 828
-
-
total
35 135
65 674
-
-
Dividends
83 358
155 826
-
-
withholding
29 176
54 540
-
-
total
29 176
54 540
-
-
Income
221 500
221 500
221 500
221 500
Total tax
86 506
120 214
53 708
45 237
After tax
134 994
101 286
167 792
176 263
Living cost
78 783
78 783
78 783
78 783
Free-cash
56 211
22 503
89 009
97 480

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽92193
₽64795
₽61962
₽80568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
74 029
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.

-
-
-
4 072
trade
-
-
-
30 231
total
-
-
-
114 977
Employee

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

58 459
-
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.

378
-
4 072
-
income

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

6 874
-
74 029
-
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.

6 645
-
6 645
-
total
13 897
-
84 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 041
221 500
-
-
chamber of commerce
377
460
-
-
surtax

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

1 346
1 827
-
-
trade
27 962
37 987
-
-
income
24 457
33 225
-
-
total
54 142
73 499
-
-
Dividends
108 900
148 000
-
-
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.

1 477
2 014
-
-
withholding
26 855
36 631
-
-
total
28 332
38 645
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 371
112 144
84 746
114 977
After tax
125 129
109 356
136 754
106 523
Living cost
44 561
44 561
44 561
44 561
Free-cash
80 568
64 795
92 193
61 962

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81040
₽78355
₽87698
₽84105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 867
social contributions
-
-
-
6 309
health
-
-
-
10 932
income
-
-
-
41 699
pensions
-
-
-
34 715
surtax
-
-
-
-
total
-
-
-
100 522
Employee
41 631
-
168 836
-
surtax
-
-
-
-
social contributions
1 187
-
4 811
-
income
2 457
-
36 892
-
pensions
4 707
-
12 814
-
total
8 351
-
54 517
-
Employer
41 631
-
168 836
-
other
1 436
-
7 045
-
unemployment
1 685
-
6 837
-
health
2 915
-
16 893
-
pensions
6 839
-
21 382
-
social contributions
126
-
506
-
total
13 001
-
52 663
-
Corporate
166 868
221 500
-
-
surtax
-
-
-
-
income
46 722
62 020
-
-
total
46 722
62 020
-
-
Dividends
120 145
159 480
-
-
social contributions
20 663
27 431
-
-
surtax
-
-
-
-
withholding
15 378
20 414
-
-
total
36 041
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 115
109 865
107 180
100 522
After tax
117 385
111 635
114 320
120 978
Living cost
33 280
33 280
33 280
33 280
Free-cash
84 105
78 355
81 040
87 698

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84337
₽81652
₽90995
₽87058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 867
social contributions
-
-
-
6 309
health
-
-
-
10 932
income
-
-
-
41 699
pensions
-
-
-
34 715
surtax
-
-
-
-
total
-
-
-
100 522
Employee
37 162
-
168 836
-
surtax
-
-
-
-
social contributions
1 060
-
4 811
-
income
1 916
-
36 892
-
pensions
4 203
-
12 814
-
total
7 179
-
54 517
-
Employer
37 162
-
168 836
-
other
1 283
-
7 045
-
unemployment
1 504
-
6 837
-
health
2 601
-
16 893
-
pensions
6 106
-
21 382
-
social contributions
111
-
506
-
total
11 605
-
52 663
-
Corporate
172 733
221 500
-
-
surtax
-
-
-
-
income
48 365
62 020
-
-
total
48 365
62 020
-
-
Dividends
124 368
159 480
-
-
social contributions
21 391
27 431
-
-
surtax
-
-
-
-
withholding
15 919
20 414
-
-
total
37 310
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 459
109 865
107 180
100 522
After tax
117 041
111 635
114 320
120 978
Living cost
29 983
29 983
29 983
29 983
Free-cash
87 058
81 652
84 337
90 995

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115578
₽114508
₽121620
₽115014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 567
health
-
-
-
15 462
income
-
-
-
33 225
total
-
-
-
79 254
Employee
32 981
-
221 500
-
social contributions
4 552
-
30 567
-
income
5 501
-
39 267
-
health
2 302
-
15 462
-
total
12 355
-
85 296
-
Employer
32 981
-
221 500
-
total
-
-
-
-
Corporate
188 519
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%.

9 425
11 076
-
-
total
9 425
11 076
-
-
Dividends
179 093
210 424
-
-
social contributions
24 715
29 038
-
-
withholding
26 864
31 564
-
-
health
12 501
14 688
-
-
total
64 080
75 290
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 860
86 366
85 296
79 254
After tax
135 640
135 134
136 204
142 246
Living cost
20 626
20 626
20 626
20 626
Free-cash
115 014
114 508
115 578
121 620

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
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.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23768
₽87802
₽79154
₽86299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
71 312
chamber of commerce
-
-
-
886
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
108 071
Employee
48 613
38 765
183 503
-
income
5 534
2 859
59 928
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
80 508
-
Employer
48 613
38 765
183 503
-
other
2 309
1 840
8 122
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
5 505
-
chamber of commerce
194
155
735
-
total
14 180
11 349
37 997
-
Corporate
158 707
171 387
179 811
-
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.

39 676
42 846
44 952
-
total
39 676
42 846
44 952
-
Dividends
119 031
128 541
-
-
withholding
32 734
35 348
-
-
total
32 734
35 348
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 926
99 423
163 457
108 071
After tax
120 574
122 077
58 043
113 429
Living cost
34 275
34 275
34 275
34 275
Free-cash
86 299
87 802
23 768
79 154

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39718
₽85935
₽60886
₽73719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 252
communal

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

-
-
-
11 834
national
-
-
-
89 061
total
-
-
-
125 147
Employee

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

69 580
-
171 558
-
national
21 392
-
65 005
-
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.

5 218
-
12 866
-
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.

3 269
-
8 063
-
communal

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

3 629
-
8 947
-
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.

605
-
1 493
-
total
34 113
-
96 374
-
Employer

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

69 580
-
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.

1 015
-
2 505
-
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.

4 279
-
10 551
-
surtax
7 890
-
19 456
-
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.

905
-
2 230
-
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.

6 165
-
15 199
-
total
20 254
-
49 941
-
Corporate
131 667
221 500
-
-
surtax
526
953
-
-
income
26 334
47 621
-
-
total
26 860
48 574
-
-
Dividends
104 806
172 926
-
-
withholding

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

31 087
51 524
-
-
total
31 087
51 524
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 314
100 098
146 315
125 147
After tax
109 186
121 402
75 185
96 353
Living cost
35 467
35 467
35 467
35 467
Free-cash
73 719
85 935
39 718
60 886

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
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.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84535
₽111910
₽88616
₽105248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
70 708
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
97 755
Employee
48 420
-
192 757
-
income
10 216
-
67 368
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
73 093
-
Employer
48 420
-
192 757
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
157 646
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.

23 646
33 225
-
-
total
23 646
33 225
-
-
Dividends
134 000
188 275
-
-
withholding
28 752
41 236
-
-
total
28 752
41 236
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 123
74 461
101 836
97 755
After tax
140 377
147 039
119 664
123 745
Living cost
35 129
35 129
35 129
35 129
Free-cash
105 248
111 910
84 535
88 616

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59862
₽72342
₽51031
₽58963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 563
accident
-
-
-
1 868
income
-
-
-
41 994
pensions
-
-
-
33 201
communal
-
-
-
14 000
surtax
-
-
-
10 981
total
-
-
-
117 607
Employee
73 664
-
197 855
-
surtax
4 515
-
12 126
-
income
7 115
-
48 372
-
pensions
5 892
-
15 829
-
health
3 278
-
8 805
-
total
20 800
-
85 132
-
Employer
73 664
-
197 855
-
health
2 247
-
6 034
-
accident
663
-
1 781
-
pensions
5 892
-
15 829
-
total
8 802
-
23 644
-
Corporate
139 035
221 500
-
-
surtax
1 460
2 326
-
-
income
20 855
33 225
-
-
communal
9 385
14 952
-
-
total
31 700
50 503
-
-
Dividends
107 335
170 997
-
-
income
32 273
20 144
-
-
withholding
16 100
25 649
-
-
total
48 373
45 793
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 675
96 296
108 776
117 607
After tax
111 825
125 204
112 724
103 893
Living cost
52 862
52 862
52 862
52 862
Free-cash
58 963
72 342
59 862
51 031

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76357
₽117476
₽82304
₽114380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 217
income
-
-
-
70 085
pensions
-
-
-
25 965
surtax
-
-
-
11 858
unemployment
-
-
-
222
total
-
-
-
117 347
Employee
32 758
-
194 173
-
surtax
116
-
10 695
-
income
5 492
-
64 266
-
other
-
-
-
-
pensions
2 186
-
8 659
-
health
836
-
3 310
-
unemployment
2 280
-
9 036
-
total
10 910
-
95 966
-
Employer
32 758
-
194 173
-
other
-
-
-
-
unemployment
1 039
-
4 115
-
health
1 490
-
5 907
-
pensions
4 367
-
17 306
-
total
6 896
-
27 328
-
Corporate
181 846
221 500
-
-
income
47 280
57 589
-
-
total
47 280
57 589
-
-
Dividends
134 566
163 911
-
-
withholding
20 185
24 586
-
-
total
20 185
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 271
82 175
123 294
117 347
After tax
136 229
139 325
98 206
104 153
Living cost
21 849
21 849
21 849
21 849
Free-cash
114 380
117 476
76 357
82 304

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71817
₽90223
₽80019
₽88062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 685
national
-
-
-
61 702
regional
-
-
-
3 508
municipal
-
-
-
1 383
total
-
-
-
115 278
Employee
53 959
-
221 500
-
social contributions
18 195
-
63 827
-
municipal
286
-
1 261
-
national
8 549
-
55 192
-
regional
726
-
3 200
-
total
27 756
-
123 480
-
Employer
53 959
-
221 500
-
total
-
-
-
-
Corporate
167 541
221 500
-
-
nationa
40 210
53 159
-
-
municipal
8 327
11 009
-
-
total
48 537
64 168
-
-
Dividends
119 004
157 332
-
-
withholding
30 942
40 906
-
-
total
30 942
40 906
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 235
105 074
123 480
115 278
After tax
114 265
116 426
98 020
106 222
Living cost
26 203
26 203
26 203
26 203
Free-cash
88 062
90 223
71 817
80 019

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91472
₽122902
₽101170
₽112341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 566
health
-
-
-
29 902
income
-
-
-
23 555
solidarity contribution
-
-
-
2 706
total
-
-
-
90 729
Employee
43 531
-
176 060
-
social contributions
2 829
-
7 695
-
solidarity contribution
-
-
1 835
-
income
5 224
-
21 690
-
health
5 877
-
23 768
-
total
13 930
-
54 988
-
Employer
43 531
-
176 060
-
health
3 918
-
15 845
-
social contributions
10 883
-
29 594
-
total
14 801
-
45 439
-
Corporate
163 169
221 500
-
-
income
31 002
42 085
-
-
total
31 002
42 085
-
-
Dividends
132 167
179 415
-
-
withholding
19 825
26 912
-
-
total
19 825
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 558
68 997
100 427
90 729
After tax
141 942
152 503
121 073
130 771
Living cost
29 601
29 601
29 601
29 601
Free-cash
112 341
122 902
91 472
101 170

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27057
₽91148
₽82588
₽90663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 692
income
-
-
-
71 312
chamber of commerce
-
-
-
886
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
107 879
Employee
42 521
38 765
183 682
-
income
3 788
2 859
60 015
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
80 595
-
Employer
42 521
38 765
183 682
-
other
2 019
1 840
8 129
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
5 510
-
chamber of commerce
170
155
735
-
total
12 238
11 157
37 817
-
Corporate
166 743
171 579
179 991
-
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.

41 685
42 894
44 998
-
total
41 685
42 894
44 998
-
Dividends
125 058
128 685
-
-
withholding
34 392
35 388
-
-
total
34 392
35 388
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 804
99 319
163 410
107 879
After tax
121 696
122 181
58 090
113 621
Living cost
31 033
31 033
31 033
31 033
Free-cash
90 663
91 148
27 057
82 588

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164743
₽197968
₽206828
₽195633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 571
-
221 500
-
income
3 114
-
44 300
-
total
3 114
-
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%.

205 929
221 500
-
-
total
-
-
-
-
Dividends
205 929
221 500
-
-
withholding
10 296
11 075
-
-
total
10 296
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 410
11 075
44 300
2 215
After tax
208 090
210 425
177 200
219 285
Living cost
12 457
12 457
12 457
12 457
Free-cash
195 633
197 968
164 743
206 828

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71652
₽126412
₽76462
₽118275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 795
income
-
-
-
56 368
pensions
-
-
-
40 452
unemployment
-
-
-
332
total
-
-
-
118 947
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.

43 014
-
191 659
-
income
7 418
-
51 560
-
pensions
6 668
-
29 707
-
health
2 778
-
12 381
-
unemployment
61
-
268
-
total
16 925
-
93 916
-
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.

43 014
-
191 659
-
unemployment
26
-
114
-
health
2 865
-
12 765
-
pensions
3 806
-
16 962
-
total
6 697
-
29 841
-
Corporate
171 789
221 500
-
-
income
32 640
42 085
-
-
total
32 640
42 085
-
-
Dividends
139 149
179 415
-
-
withholding
20 872
26 912
-
-
total
20 872
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 134
68 997
123 757
118 947
After tax
144 366
152 503
97 743
102 553
Living cost
26 091
26 091
26 091
26 091
Free-cash
118 275
126 412
71 652
76 462

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163336
₽90187
₽108500
₽41048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 251
income
-
-
-
43 175
total
-
-
-
68 426
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
67 469
221 500
-
-
income
14 843
48 730
-
-
total
14 843
48 730
-
-
Dividends
52 626
172 770
-
-
income
11 578
38 009
-
-
total
11 578
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
135 878
86 739
13 590
68 426
After tax
85 622
134 761
207 910
153 074
Living cost
44 574
44 574
44 574
44 574
Free-cash
41 048
90 187
163 336
108 500

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67497
₽95478
₽84893
₽94500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
76 972
income
-
-
-
29 124
surtax
-
-
-
-
total
-
-
-
106 096
Employee
44 738
-
178 990
-
surtax
-
-
290
-
social contributions
4 921
-
19 689
-
income
9 306
-
61 003
-
total
14 227
-
80 982
-
Employer
44 738
-
178 990
-
social contributions
10 625
-
42 510
-
total
10 625
-
42 510
-
Corporate
166 137
221 500
-
-
surtax
-
-
-
-
income
34 888
46 516
-
-
total
34 888
46 516
-
-
Dividends
131 249
174 984
-
-
withholding
36 749
48 995
-
-
total
36 749
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 489
95 511
123 492
106 096
After tax
125 011
125 989
98 008
115 404
Living cost
30 511
30 511
30 511
30 511
Free-cash
94 500
95 478
67 497
84 893

Estimated living cost  is ₽30511 per week

₽22829
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.
₽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.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67339
₽64654
₽73997
₽71341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 867
social contributions
-
-
-
6 309
health
-
-
-
10 932
income
-
-
-
41 699
pensions
-
-
-
34 715
surtax
-
-
-
-
total
-
-
-
100 522
Employee
60 924
-
168 836
-
surtax
-
-
-
-
social contributions
1 735
-
4 811
-
income
5 316
-
36 892
-
pensions
6 891
-
12 814
-
total
13 942
-
54 517
-
Employer
60 924
-
168 836
-
other
2 103
-
7 045
-
unemployment
2 468
-
6 837
-
health
4 264
-
16 893
-
pensions
10 010
-
21 382
-
social contributions
183
-
506
-
total
19 028
-
52 663
-
Corporate
141 548
221 500
-
-
surtax
-
-
-
-
income
39 634
62 020
-
-
total
39 634
62 020
-
-
Dividends
101 914
159 480
-
-
social contributions
17 529
27 431
-
-
surtax
-
-
-
-
withholding
13 045
20 414
-
-
total
30 574
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 178
109 865
107 180
100 522
After tax
118 322
111 635
114 320
120 978
Living cost
46 981
46 981
46 981
46 981
Free-cash
71 341
64 654
67 339
73 997

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138045
₽170111
₽132160
₽166842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 371
social contributions
-
-
-
48 729
total
-
-
-
60 100
Employee
31 272
-
191 775
-
income
-
-
12 024
-
social contributions
2 032
-
12 466
-
total
2 032
-
24 490
-
Employer
31 272
-
191 775
-
social contributions
4 847
-
29 725
-
total
4 847
-
29 725
-
Corporate
185 380
221 500
-
-
income
18 539
22 149
-
-
total
18 539
22 149
-
-
Dividends
166 842
199 351
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 418
22 149
54 215
60 100
After tax
196 082
199 351
167 285
161 400
Living cost
29 240
29 240
29 240
29 240
Free-cash
166 842
170 111
138 045
132 160

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9917
₽9917
₽80952
₽5646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 653
pensions
-
-
-
842
national
-
-
-
27 647
municipal
-
-
-
47 637
total
-
-
-
93 779
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
9 917
-
-
-
income
2 182
-
-
-
total
2 182
-
-
-
Dividends
7 735
-
-
-
withholding
2 089
-
-
-
total
2 089
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
169 085
164 814
164 814
93 779
After tax
52 415
56 686
56 686
127 721
Living cost
46 769
46 769
46 769
46 769
Free-cash
5 646
9 917
9 917
80 952

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100797
-₽3295
₽130006
₽14684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
63 435
pensions
-
-
-
4 076
total
-
-
-
70 258
Employee
33 406
-
202 368
-
income
4 583
-
49 689
-
pensions
3 762
-
7 475
-
health
3 825
-
23 171
-
total
12 170
-
80 335
-
Employer
33 406
-
202 368
-
unemployment
819
-
4 958
-
accident
558
-
3 380
-
pensions
5 432
-
10 794
-
total
6 809
-
19 132
-
Corporate
181 286
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.

163 157
199 350
-
-
total
163 157
199 350
-
-
Dividends
18 129
22 150
-
-
withholding
3 444
4 209
-
-
total
3 444
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 580
203 559
99 467
70 258
After tax
35 920
17 941
122 033
151 242
Living cost
21 236
21 236
21 236
21 236
Free-cash
14 684
-3 295
100 797
130 006

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72859
₽98335
₽98232
₽101339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 005
national
-
-
-
43 588
municipal
-
-
-
39 329
total
-
-
-
85 922
Employee
51 177
-
186 339
-
municipal
8 382
-
30 331
-
national
845
-
27 966
-
pensions
3 454
-
12 578
-
health
382
-
2 464
-
unemployment
768
-
2 795
-
total
13 831
-
76 134
-
Employer
51 177
-
186 339
-
unemployment
332
-
1 211
-
health
393
-
1 434
-
accident
52
-
186
-
pensions
8 879
-
32 330
-
total
9 656
-
35 161
-
Corporate
160 667
221 500
-
-
income
32 134
44 301
-
-
total
32 134
44 301
-
-
Dividends

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

96 400
132 900
-
-
national
9 842
17 597
-
-
municipal
17 352
23 921
-
-
total
27 194
41 518
-
-
Income
221 500
221 500
221 500
221 500
Total tax
82 815
85 819
111 295
85 922
After tax
138 685
135 681
110 205
135 578
Living cost
37 346
37 346
37 346
37 346
Free-cash
101 339
98 335
72 859
98 232

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽124551
₽138901
₽126362
₽133607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 738
health
-
-
-
5 649
income
-
-
-
51 230
total
-
-
-
72 617
Employee
74 798
74 798
209 256
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
50 254
-
health
580
1 272
3 557
-
total
11 552
14 404
62 184
-
Employer
74 798
74 798
209 256
-
health
629
1 384
3 871
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
12 244
-
Corporate
183 969
139 110
-
-
income
22 997
17 389
-
-
total
22 997
17 389
-
-
Dividends
160 973
121 721
-
-
withholding
27 366
20 693
-
-
total
27 366
20 693
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 372
60 078
74 428
72 617
After tax
156 128
161 422
147 072
148 883
Living cost
22 521
22 521
22 521
22 521
Free-cash
133 607
138 901
124 551
126 362

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153862
₽167980
₽173369
₽163029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 520
income
-
-
-
22 951
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
32 687
Employee

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

22 327
-
211 993
-
income
1 527
-
20 538
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
42 688
-
Employer

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

22 327
-
211 993
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
196 874
221 500
-
-
income
17 719
19 934
-
-
total
17 719
19 934
-
-
Dividends
179 155
201 566
-
-
withholding
16 124
18 142
-
-
total
16 124
18 142
-
-
Income
221 500
221 500
221 500
221 500
Total tax
43 027
38 076
52 194
32 687
After tax
178 473
183 424
169 306
188 813
Living cost
15 444
15 444
15 444
15 444
Free-cash
163 029
167 980
153 862
173 369

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92915
₽120290
₽96996
₽115993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
70 708
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
97 755
Employee
35 967
-
192 757
-
income
6 934
-
67 368
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
73 093
-
Employer
35 967
-
192 757
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
174 066
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.

26 111
33 225
-
-
total
26 111
33 225
-
-
Dividends
147 955
188 275
-
-
withholding
31 962
41 236
-
-
total
31 962
41 236
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 758
74 461
101 836
97 755
After tax
142 742
147 039
119 664
123 745
Living cost
26 749
26 749
26 749
26 749
Free-cash
115 993
120 290
92 915
96 996

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140983
₽136412
₽141112
₽136117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
954
income
-
-
-
76 314
pensions
-
-
-
1 316
total
-
-
-
78 584
Employee
2 748
-
220 020
-
income
532
-
76 245
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
77 232
-
Employer
2 748
-
220 020
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
218 134
221 500
-
-
income
47 989
48 730
-
-
total
47 989
48 730
-
-
Dividends
170 145
172 770
-
-
withholding
34 029
34 554
-
-
total
34 029
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 579
83 284
78 713
78 584
After tax
137 921
138 216
142 787
142 916
Living cost
1 804
1 804
1 804
1 804
Free-cash
136 117
136 412
140 983
141 112

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126366
₽143285
₽126366
₽138519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 372
income
-
-
-
51 330
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
78 385
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.

25 256
-
208 688
-
income
3 481
-
51 330
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
65 573
-
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.

25 256
-
208 688
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
191 723
221 500
-
-
income
28 759
33 225
-
-
total
28 759
33 225
-
-
Dividends
162 965
188 275
-
-
withholding
24 445
28 241
-
-
total
24 445
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 232
61 466
78 385
78 385
After tax
155 268
160 034
143 115
143 115
Living cost
16 749
16 749
16 749
16 749
Free-cash
138 519
143 285
126 366
126 366

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71784
₽99765
₽89180
₽99414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
76 972
income
-
-
-
29 124
surtax
-
-
-
-
total
-
-
-
106 096
Employee
37 754
-
178 990
-
surtax
-
-
290
-
social contributions
4 153
-
19 689
-
income
7 377
-
61 003
-
total
11 530
-
80 982
-
Employer
37 754
-
178 990
-
social contributions
8 966
-
42 510
-
total
8 966
-
42 510
-
Corporate
174 781
221 500
-
-
surtax
-
-
-
-
income
36 705
46 516
-
-
total
36 705
46 516
-
-
Dividends
138 076
174 984
-
-
withholding
38 661
48 995
-
-
total
38 661
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 862
95 511
123 492
106 096
After tax
125 638
125 989
98 008
115 404
Living cost
26 224
26 224
26 224
26 224
Free-cash
99 414
99 765
71 784
89 180

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85478
₽112853
₽89559
₽106489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
812
income
-
-
-
70 708
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
97 755
Employee
46 978
-
192 757
-
income
9 812
-
67 368
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
73 093
-
Employer
46 978
-
192 757
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
159 544
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.

23 931
33 225
-
-
total
23 931
33 225
-
-
Dividends
135 613
188 275
-
-
withholding
29 123
41 236
-
-
total
29 123
41 236
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 825
74 461
101 836
97 755
After tax
140 675
147 039
119 664
123 745
Living cost
34 186
34 186
34 186
34 186
Free-cash
106 489
112 853
85 478
89 559

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172008
₽172839
₽162762
₽166976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 863
income
-
-
-
33 225
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
42 194
Employee
21 907
-
214 909
-
income
2 191
-
21 491
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
26 356
-
Employer
21 907
-
214 909
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
195 294
221 500
-
-
income
19 529
22 150
-
-
total
19 529
22 150
-
-
Dividends
175 765
199 350
-
-
withholding
8 789
9 967
-
-
total
8 789
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
37 980
32 117
32 948
42 194
After tax
183 520
189 383
188 552
179 306
Living cost
16 544
16 544
16 544
16 544
Free-cash
166 976
172 839
172 008
162 762

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99200
₽76357
₽73905
₽89082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 645
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.

-
-
-
74 029
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.

-
-
-
4 072
trade
-
-
-
25 295
total
-
-
-
110 041
Employee

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

48 399
-
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.

220
-
4 072
-
income

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

3 980
-
74 029
-
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.

6 645
-
6 645
-
total
10 845
-
84 746
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 101
221 500
-
-
chamber of commerce
402
473
-
-
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.

1 429
1 827
-
-
trade
24 841
31 785
-
-
income
25 965
33 225
-
-
total
52 637
67 310
-
-
Dividends
120 464
154 190
-
-
surtax

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

1 635
2 101
-
-
withholding
29 747
38 178
-
-
total
31 382
40 279
-
-
Income
221 500
221 500
221 500
221 500
Total tax
94 864
107 589
84 746
110 041
After tax
126 636
113 911
136 754
111 459
Living cost
37 554
37 554
37 554
37 554
Free-cash
89 082
76 357
99 200
73 905

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
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.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55452
₽99639
₽55452
₽101787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 521
social contributions
-
-
-
38 116
total
-
-
-
110 637
Employee
76 089
-
221 500
-
income
14 358
-
72 521
-
social contributions
6 321
-
38 116
-
total
20 679
-
110 637
-
Employer
76 089
-
221 500
-
total
-
-
-
-
Corporate
145 411
221 500
-
-
income
18 177
27 687
-
-
total
18 177
27 687
-
-
Dividends
127 234
193 813
-
-
withholding
25 446
38 763
-
-
total
25 446
38 763
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 302
66 450
110 637
110 637
After tax
157 198
155 050
110 863
110 863
Living cost
55 411
55 411
55 411
55 411
Free-cash
101 787
99 639
55 452
55 452

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
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.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119119
₽103526
₽146964
₽106925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 225
health

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

-
-
-
6 001
total
-
-
-
39 226
Employee
44 623
-
217 025
-
income
4 842
-
58 121
-
social contributions
4 471
-
4 475
-
total
9 313
-
62 596
-
Employer
44 623
-
217 025
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
172 406
221 500
-
-
income
60 342
77 525
-
-
total
60 342
77 525
-
-
Dividends
112 064
143 975
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 265
82 664
67 071
39 226
After tax
142 235
138 836
154 429
182 274
Living cost
35 310
35 310
35 310
35 310
Free-cash
106 925
103 526
119 119
146 964

Estimated living cost  is ₽35310 per week

₽23259
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.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87376
₽103570
₽107141
₽109290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 754
pensions
-
-
-
9 718
total
-
-
-
78 472
Employee
49 260
-
193 018
-
income
8 971
-
55 577
-
health
643
-
2 598
-
pensions
3 760
-
11 580
-
total
13 374
-
69 755
-
Employer
49 260
-
193 018
-
health
936
-
3 668
-
pensions
4 977
-
24 814
-
total
5 913
-
28 482
-
Corporate
166 327
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.

31 602
42 085
-
-
total
31 602
42 085
-
-
Dividends
134 725
179 415
-
-
withholding
25 434
39 958
-
-
total
25 434
39 958
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 323
82 043
98 237
78 472
After tax
145 177
139 457
123 263
143 028
Living cost
35 887
35 887
35 887
35 887
Free-cash
109 290
103 570
87 376
107 141

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98694
-₽5398
₽127903
₽14362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
63 435
pensions
-
-
-
4 076
total
-
-
-
70 258
Employee
36 713
-
202 368
-
income
5 037
-
49 689
-
pensions
4 134
-
7 475
-
health
4 203
-
23 171
-
total
13 374
-
80 335
-
Employer
36 713
-
202 368
-
unemployment
899
-
4 958
-
accident
613
-
3 380
-
pensions
5 969
-
10 794
-
total
7 481
-
19 132
-
Corporate
177 306
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.

159 575
199 350
-
-
total
159 575
199 350
-
-
Dividends
17 731
22 150
-
-
withholding
3 369
4 209
-
-
total
3 369
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
183 799
203 559
99 467
70 258
After tax
37 701
17 941
122 033
151 242
Living cost
23 339
23 339
23 339
23 339
Free-cash
14 362
-5 398
98 694
127 903

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149780
₽156344
₽128448
₽153409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 286
health insurance
-
-
-
11 480
work injury
-
-
-
776
pensions
-
-
-
28 545
unemployment
-
-
-
1 862
total
-
-
-
79 949
Employee

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

20 965
-
221 500
-
income
2 096
-
37 286
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
58 617
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 535
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%.

20 054
22 150
-
-
total
20 054
22 150
-
-
Dividends
180 482
199 350
-
-
withholding
27 072
29 903
-
-
total
27 072
29 903
-
-
Income
221 500
221 500
221 500
221 500
Total tax
54 988
52 053
58 617
79 949
After tax
166 512
169 447
162 883
141 551
Living cost
13 103
13 103
13 103
13 103
Free-cash
153 409
156 344
149 780
128 448

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57384
₽77920
₽65376
₽73496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 685
national
-
-
-
61 702
regional
-
-
-
5 430
municipal
-
-
-
1 556
total
-
-
-
117 373
Employee
81 968
-
221 500
-
social contributions
27 639
-
63 827
-
municipal
489
-
1 420
-
national
13 852
-
55 192
-
regional
1 238
-
4 926
-
total
43 218
-
125 365
-
Employer
81 968
-
221 500
-
total
-
-
-
-
Corporate
139 532
221 500
-
-
nationa
33 487
53 159
-
-
municipal
6 725
10 677
-
-
total
40 212
63 836
-
-
Dividends
99 320
157 664
-
-
withholding
25 823
40 993
-
-
total
25 823
40 993
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 253
104 829
125 365
117 373
After tax
112 247
116 671
96 135
104 127
Living cost
38 751
38 751
38 751
38 751
Free-cash
73 496
77 920
57 384
65 376

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
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.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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