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
₽81986
₽92817
₽79470
₽107188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 718
income

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

-
-
-
73 910
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.

-
-
-
6 687
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.

-
-
-
4 065
total
-
-
-
112 380
Employee

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

37 441
-
221 500
-
income

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

1 046
-
73 910
-
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.

58
-
4 065
-
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.

6 687
-
6 687
-
total
7 791
-
84 662
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 059
221 500
-
-
income
27 608
33 226
-
-
surtax

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

1 518
1 828
-
-
trade
28 988
34 886
-
-
chamber of commerce
412
466
-
-
total
58 526
70 406
-
-
Dividends
125 533
151 094
-
-
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.

1 705
2 056
-
-
withholding
31 011
37 402
-
-
total
32 716
39 458
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 033
109 864
84 662
112 380
After tax
122 467
111 636
136 838
109 120
Living cost
29 650
29 650
29 650
29 650
Free-cash
92 817
81 986
107 188
79 470

Estimated living cost  is ₽29650 per week

₽18651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
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.
₽6988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85111
₽84228
₽74102
₽75291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 527
national
-
-
-
40 805
pensions
-
-
-
26 580
social contributions
-
-
-
2 381
total
-
-
-
94 293
Employee
82 322
-
191 485
-
national
15 756
-
42 683
-
pensions
3 293
-
7 659
-
municipal
10 168
-
25 385
-
total
29 217
-
75 727
-
Employer
82 322
-
191 485
-
social contributions
885
-
2 058
-
pensions
6 586
-
15 319
-
total
7 471
-
17 377
-
Corporate
126 274
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%.

25 255
44 300
-
-
total
25 255
44 300
-
-
Dividends
101 019
177 200
-
-
withholding
22 224
38 984
-
-
total
22 224
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 167
83 284
93 104
94 293
After tax
137 333
138 216
128 396
127 207
Living cost
53 105
53 105
53 105
53 105
Free-cash
84 228
85 111
75 291
74 102

Estimated living cost  is ₽53105 per week

₽36095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽795
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156834
₽148805
₽60286
₽76005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
46 860
surtax
-
-
-
56 483
social contributions

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

-
-
-
37 506
total
-
-
-
140 849
Employee
28 604
-
174 231
-
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.

3 147
-
12 833
-
income
5 092
-
39 764
-
surtax
-
-
25 264
-
total
8 239
-
77 861
-
Employer
28 604
-
174 231
-
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.

6 890
-
28 104
-
surtax
-
-
19 165
-
total
6 890
-
47 269
-
Corporate
186 006
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%.

37 201
44 301
-
-
total
37 201
44 301
-
-
Dividends

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

148 805
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 330
44 301
125 130
140 849
After tax
169 170
177 199
96 370
80 651
Living cost
20 365
20 365
20 365
20 365
Free-cash
148 805
156 834
76 005
60 286

Estimated living cost  is ₽20365 per week

₽12992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69386
₽63389
₽77865
₽100650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 088
health
-
-
-
12 071
pensions
-
-
-
11 469
total
-
-
-
102 628
Employee
83 594
83 594
203 308
-
pensions
15 047
11 469
11 469
-
income

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

13 683
13 683
38 111
-
health
12 831
10 914
12 071
-
total
41 561
36 066
61 651
-
Employer
83 594
83 594
203 308
-
health
5 811
5 811
7 221
-
pensions
5 818
5 818
7 232
-
unemployment
3 009
3 009
3 739
-
total
14 638
14 638
18 192
-
Corporate
124 294
123 268
-
-
income
24 859
24 655
-
-
total
24 859
24 655
-
-
Dividends
99 435
98 614
-
-
income
21 131
20 956
-
-
withholding
14 915
14 792
-
-
total
36 046
35 748
-
-
Income
221 500
221 500
221 500
221 500
Total tax
117 104
111 107
79 843
102 628
After tax
104 396
110 393
141 657
118 872
Living cost
41 007
41 007
41 007
41 007
Free-cash
63 389
69 386
100 650
77 865

Estimated living cost  is ₽41007 per week

₽29061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81948
₽81072
₽71701
₽70755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
58 669
national
-
-
-
27 382
unemployment
-
-
-
86
accident
-
-
-
171
health
-
-
-
5 332
pensions
-
-
-
9 238
other
-
-
-
9 930
total
-
-
-
110 808
Employee
55 559
-
194 650
-
national
-
-
26 858
-
municipal
16 568
-
58 045
-
total
16 568
-
84 903
-
Employer
55 559
-
194 650
-
health
3 417
-
5 256
-
pensions
6 006
-
9 238
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
total
17 457
-
26 851
-
Corporate
148 484
221 500
-
-
income
32 667
48 730
-
-
total
32 667
48 730
-
-
Dividends
115 818
172 770
-
-
withholding
34 745
51 831
-
-
total
34 745
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 437
100 561
111 754
110 808
After tax
120 063
120 939
109 746
110 692
Living cost
38 991
38 991
38 991
38 991
Free-cash
81 072
81 948
70 755
71 701

Estimated living cost  is ₽38991 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72040
₽85796
₽69434
₽98383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 949
income

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

-
-
-
73 910
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.

-
-
-
6 687
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.

-
-
-
4 065
total
-
-
-
113 611
Employee

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

49 642
-
221 500
-
income

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

4 265
-
73 910
-
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.

234
-
4 065
-
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.

6 687
-
6 687
-
total
11 186
-
84 662
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 858
221 500
-
-
income
25 778
33 226
-
-
surtax

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

1 417
1 828
-
-
trade
28 271
36 438
-
-
chamber of commerce
394
464
-
-
total
55 860
71 956
-
-
Dividends
115 997
149 544
-
-
surtax

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

1 575
2 036
-
-
withholding
28 628
37 013
-
-
total
30 203
39 049
-
-
Income
221 500
221 500
221 500
221 500
Total tax
97 249
111 005
84 662
113 611
After tax
124 251
110 495
136 838
107 889
Living cost
38 455
38 455
38 455
38 455
Free-cash
85 796
72 040
98 383
69 434

Estimated living cost  is ₽38455 per week

₽25719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129677
₽125616
₽117187
₽115373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 076
health
-
-
-
5 649
social contributions
-
-
-
15 838
total
-
-
-
72 563
Employee
75 272
75 272
209 204
-
social contributions
3 658
6 247
8 426
-
income
7 904
6 968
50 099
-
health
749
1 280
3 557
-
total
12 311
14 495
62 082
-
Employer
75 272
75 272
209 204
-
social contributions
3 658
6 247
8 426
-
health
816
1 393
3 869
-
total
4 474
7 640
12 295
-
Corporate
172 966
138 587
-
-
income
21 621
17 324
-
-
total
21 621
17 324
-
-
Dividends
151 345
121 263
-
-
withholding
25 728
20 614
-
-
total
25 728
20 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 134
60 073
74 377
72 563
After tax
157 366
161 427
147 123
148 937
Living cost
31 750
31 750
31 750
31 750
Free-cash
125 616
129 677
115 373
117 187

Estimated living cost  is ₽31750 per week

₽21705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105170
₽105569
₽134261
₽109221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 322
income
-
-
-
27 078
health
-
-
-
15 505
pensions
-
-
-
22 150
total
-
-
-
68 055
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.

27 693
11 021
185 356
-
pensions
2 769
1 102
18 536
-
unemployment
415
165
2 780
-
income
3 385
1 347
22 660
-
health
1 938
771
12 975
-
total
8 507
3 385
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.

27 693
11 021
185 356
-
pensions
5 400
2 149
36 144
-
total
5 400
2 149
36 144
-
Corporate
188 407
208 330
-
-
income
16 957
18 750
-
-
total
16 957
18 750
-
-
Dividends
171 451
189 580
-
-
social contributions
33 307
36 842
-
-
withholding
32 576
36 020
-
-
total
65 883
72 862
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 747
97 146
93 095
68 055
After tax
124 753
124 354
128 405
153 445
Living cost
19 184
19 184
19 184
19 184
Free-cash
105 569
105 170
109 221
134 261

Estimated living cost  is ₽19184 per week

₽13091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153555
₽147477
₽95079
₽104025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
29 681
health
-
-
-
28 795
pensions
-
-
-
44 301
total
-
-
-
102 777
Employee
27 770
-
165 544
-
pensions
555
-
3 310
-
unemployment
444
-
2 649
-
income
3 126
-
31 918
-
total
4 125
-
37 877
-
Employer
27 770
-
165 544
-
health
3 609
-
21 521
-
pensions
5 554
-
33 109
-
unemployment
223
-
1 324
-
total
9 386
-
55 954
-
Corporate
184 344
221 500
-
-
income
36 868
44 301
-
-
total
36 868
44 301
-
-
Dividends
147 475
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 379
44 301
93 831
102 777
After tax
171 121
177 199
127 669
118 723
Living cost
23 644
23 644
23 644
23 644
Free-cash
147 477
153 555
104 025
95 079

Estimated living cost  is ₽23644 per week

₽16217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3306
₽14682
₽129987
₽100873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
244
income
-
-
-
63 540
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
70 266
Employee
33 423
-
202 516
-
pensions
3 764
-
7 368
-
income
4 585
-
49 840
-
health
3 827
-
23 188
-
total
12 176
-
80 396
-
Employer
33 423
-
202 516
-
pensions
5 435
-
10 640
-
accident
558
-
3 382
-
unemployment
819
-
4 962
-
total
6 812
-
18 984
-
Corporate
181 265
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.

163 139
199 350
-
-
total
163 139
199 350
-
-
Dividends
18 126
22 150
-
-
withholding
3 444
4 209
-
-
total
3 444
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 571
203 559
99 380
70 266
After tax
35 929
17 941
122 120
151 234
Living cost
21 247
21 247
21 247
21 247
Free-cash
14 682
-3 306
100 873
129 987

Estimated living cost  is ₽21247 per week

₽15572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201963
₽200377
₽210823
₽168738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
microenterprise

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

-
-
-
2 215
total
-
-
-
2 215
Employee
10 578
-
221 500
-
income
2 115
-
44 300
-
total
2 115
-
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%.

210 922
221 500
-
-
total
-
-
-
-
Dividends
210 922
221 500
-
-
withholding
10 546
11 075
-
-
total
10 546
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 661
11 075
44 300
2 215
After tax
208 839
210 425
177 200
219 285
Living cost
8 462
8 462
8 462
8 462
Free-cash
200 377
201 963
168 738
210 823

Estimated living cost  is ₽8462 per week

₽5244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136652
₽130042
₽107173
₽105347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
38 897
health
-
-
-
6 550
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.

-
-
-
35 726
other
-
-
-
7 070
total
-
-
-
88 243
Employee
35 543
-
183 710
-
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.

2 487
-
10 419
-
unemployment
355
-
1 488
-
income
6 119
-
38 288
-
health
498
-
2 084
-
total
9 459
-
52 279
-
Employer
35 543
-
183 710
-
health
498
-
2 084
-
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.

6 043
-
25 307
-
accident
284
-
1 469
-
other
1 778
-
7 442
-
unemployment
355
-
1 488
-
total
8 958
-
37 790
-
Corporate
177 000
221 500
-
-
income
37 169
46 515
-
-
total
37 169
46 515
-
-
Dividends
139 830
174 985
-
-
withholding
9 788
12 249
-
-
total
9 788
12 249
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 374
58 764
90 069
88 243
After tax
156 126
162 736
131 431
133 257
Living cost
26 084
26 084
26 084
26 084
Free-cash
130 042
136 652
105 347
107 173

Estimated living cost  is ₽26084 per week

₽18430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73977
₽81900
₽77442
₽57658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 415
pensions
-
-
-
9 818
total
-
-
-
78 233
Employee
93 133
-
193 048
-
pensions
8 985
-
11 725
-
income
16 788
-
55 227
-
health
1 535
-
2 612
-
total
27 308
-
69 564
-
Employer
93 133
-
193 048
-
health
1 769
-
3 668
-
pensions
10 996
-
24 785
-
total
12 765
-
28 453
-
Corporate
115 602
221 500
-
-
income

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

21 965
42 084
-
-
total
21 965
42 084
-
-
Dividends
93 637
179 416
-
-
withholding
11 737
39 614
-
-
total
11 737
39 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
73 775
81 698
98 017
78 233
After tax
147 725
139 802
123 483
143 267
Living cost
65 825
65 825
65 825
65 825
Free-cash
81 900
73 977
57 658
77 442

Estimated living cost  is ₽65825 per week

₽49324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽176377
₽171769
₽166019
₽175210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
33 225
health
-
-
-
3 984
pensions

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

-
-
-
5 128
total
-
-
-
42 476
Employee
17 221
-
214 702
-
pensions

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

1 512
-
3 042
-
income
1 722
-
21 470
-
health
792
-
1 594
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
total
4 216
-
26 487
-
Employer
17 221
-
214 702
-
health
1 189
-
2 391
-
pensions

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

1 898
-
3 818
-
accident

We are using the highest rate at 1.1%.

190
-
381
-
unemployment
103
-
208
-
total
3 380
-
6 798
-
Corporate
200 900
221 500
-
-
income
20 090
22 150
-
-
total
20 090
22 150
-
-
Dividends
180 811
199 350
-
-
withholding
9 040
9 968
-
-
total
9 040
9 968
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 726
32 118
33 285
42 476
After tax
184 774
189 382
188 215
179 024
Living cost
13 005
13 005
13 005
13 005
Free-cash
171 769
176 377
175 210
166 019

Estimated living cost  is ₽13005 per week

₽7593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56112
₽58574
₽64591
₽87376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 088
health
-
-
-
12 071
pensions
-
-
-
11 469
total
-
-
-
102 628
Employee
90 756
83 594
203 308
-
pensions
11 469
11 469
11 469
-
income

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

13 683
13 683
38 111
-
health
11 322
10 914
12 071
-
total
36 474
36 066
61 651
-
Employer
90 756
83 594
203 308
-
health
6 307
5 811
7 221
-
pensions
6 316
5 818
7 232
-
unemployment
3 268
3 009
3 739
-
total
15 891
14 638
18 192
-
Corporate
114 854
123 268
-
-
income
22 972
24 655
-
-
total
22 972
24 655
-
-
Dividends
91 882
98 614
-
-
income
19 526
20 956
-
-
withholding
13 782
14 792
-
-
total
33 308
35 748
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 645
111 107
79 843
102 628
After tax
112 855
110 393
141 657
118 872
Living cost
54 281
54 281
54 281
54 281
Free-cash
58 574
56 112
87 376
64 591

Estimated living cost  is ₽54281 per week

₽40041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128183
₽119507
₽106218
₽96553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 573
income
-
-
-
23 490
health
-
-
-
29 903
social contributions
-
-
-
34 996
total
-
-
-
90 962
Employee
35 765
-
175 722
-
social contributions
2 325
-
7 790
-
income
4 292
-
21 631
-
solidarity contribution
-
-
1 705
-
health
4 828
-
23 723
-
total
11 445
-
54 849
-
Employer
35 765
-
175 722
-
social contributions
8 941
-
29 963
-
health
3 219
-
15 815
-
total
12 160
-
45 778
-
Corporate
173 574
221 500
-
-
income
32 979
42 085
-
-
total
32 979
42 085
-
-
Dividends
140 595
179 415
-
-
withholding
21 089
26 912
-
-
total
21 089
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 673
68 997
100 627
90 962
After tax
143 827
152 503
120 873
130 538
Living cost
24 320
24 320
24 320
24 320
Free-cash
119 507
128 183
96 553
106 218

Estimated living cost  is ₽24320 per week

₽16893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76874
₽71761
₽65524
₽57225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 380
national
-
-
-
61 490
regional
-
-
-
2 807
social contributions
-
-
-
48 993
total
-
-
-
114 670
Employee
86 998
-
221 500
-
national
15 075
-
54 938
-
social contributions
29 336
-
64 231
-
municipal
461
-
1 258
-
regional
821
-
2 542
-
total
45 693
-
122 969
-
Employer
86 998
-
221 500
-
total
-
-
-
-
Corporate
134 502
221 500
-
-
municipal
5 246
8 638
-
-
nationa
32 280
53 160
-
-
total
37 526
61 798
-
-
Dividends
96 976
159 702
-
-
withholding
25 214
41 522
-
-
total
25 214
41 522
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 433
103 320
122 969
114 670
After tax
113 067
118 180
98 531
106 830
Living cost
41 306
41 306
41 306
41 306
Free-cash
71 761
76 874
57 225
65 524

Estimated living cost  is ₽41306 per week

₽28793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117723
₽114677
₽82570
₽76582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
69 895
health
-
-
-
9 275
surtax
-
-
-
11 807
pensions
-
-
-
26 129
other
-
-
-
-
total
-
-
-
117 329
Employee
32 371
-
194 000
-
pensions
2 159
-
8 714
-
unemployment
2 253
-
9 093
-
income
5 426
-
64 042
-
other
-
-
-
-
surtax
106
-
10 637
-
health
827
-
3 331
-
total
10 771
-
95 817
-
Employer
32 371
-
194 000
-
health
1 473
-
5 944
-
pensions
4 315
-
17 415
-
other
-
-
-
-
unemployment
1 025
-
4 141
-
total
6 813
-
27 500
-
Corporate
182 315
221 500
-
-
income
47 401
57 590
-
-
total
47 401
57 590
-
-
Dividends
134 913
163 910
-
-
withholding
20 237
24 586
-
-
total
20 237
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 222
82 176
123 317
117 329
After tax
136 278
139 324
98 183
104 171
Living cost
21 601
21 601
21 601
21 601
Free-cash
114 677
117 723
76 582
82 570

Estimated living cost  is ₽21601 per week

₽13208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94832
₽101334
₽98297
₽78513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 415
pensions
-
-
-
9 818
total
-
-
-
78 233
Employee
62 415
-
193 048
-
pensions
5 298
-
11 725
-
income
11 241
-
55 227
-
health
906
-
2 612
-
total
17 445
-
69 564
-
Employer
62 415
-
193 048
-
health
1 186
-
3 668
-
pensions
6 756
-
24 785
-
total
7 942
-
28 453
-
Corporate
151 142
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.

28 717
42 084
-
-
total
28 717
42 084
-
-
Dividends
122 426
179 416
-
-
withholding
21 092
39 614
-
-
total
21 092
39 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 196
81 698
98 017
78 233
After tax
146 304
139 802
123 483
143 267
Living cost
44 970
44 970
44 970
44 970
Free-cash
101 334
94 832
78 513
98 297

Estimated living cost  is ₽44970 per week

₽33691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
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.
₽7437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24874
₽57569
₽99463
₽91270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 335
national
-
-
-
5 636
regional
-
-
-
12 350
health
-
-
-
498
pensions
-
-
-
20 377
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
total
-
-
-
45 625
Employee
89 421
-
199 298
-
national
423
-
4 639
-
city
960
-
2 155
-
pensions
7 513
-
15 577
-
unemployment
-
-
-
-
health
202
-
447
-
regional
2 928
-
10 990
-
total
12 026
-
33 808
-
Employer
89 421
-
199 298
-
health
202
-
447
-
pensions
7 513
-
15 577
-
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.

1 788
-
3 986
-
unemployment
-
-
-
-
total
9 503
-
20 010
-
Corporate
121 593
221 500
-
-
national
10 335
18 827
-
-
regional
25 717
46 848
-
-
total
36 052
65 675
-
-
Dividends
85 541
155 826
-
-
withholding
29 938
54 539
-
-
total
29 938
54 539
-
-
Income
221 500
221 500
221 500
221 500
Total tax
87 519
120 214
53 818
45 625
After tax
133 981
101 286
167 682
175 875
Living cost
76 412
76 412
76 412
76 412
Free-cash
57 569
24 874
91 270
99 463

Estimated living cost  is ₽76412 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64513
₽80390
₽61811
₽91994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 183
income

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

-
-
-
73 910
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.

-
-
-
6 687
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.

-
-
-
4 065
total
-
-
-
114 845
Employee

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

58 830
-
221 500
-
income

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

6 918
-
73 910
-
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.

381
-
4 065
-
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.

6 687
-
6 687
-
total
13 986
-
84 662
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 670
221 500
-
-
income
24 400
33 226
-
-
surtax

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

1 341
1 828
-
-
trade
27 898
37 987
-
-
chamber of commerce
377
461
-
-
total
54 016
73 502
-
-
Dividends
108 654
147 999
-
-
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.

1 473
2 014
-
-
withholding
26 791
36 627
-
-
total
28 264
38 641
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 266
112 143
84 662
114 845
After tax
125 234
109 357
136 838
106 655
Living cost
44 844
44 844
44 844
44 844
Free-cash
80 390
64 513
91 994
61 811

Estimated living cost  is ₽44844 per week

₽32752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78144
₽83926
₽87604
₽81036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 510
health
-
-
-
10 899
surtax
-
-
-
-
pensions
-
-
-
34 818
other
-
-
-
6 866
social contributions
-
-
-
6 312
total
-
-
-
100 405
Employee
41 895
-
168 897
-
pensions
4 737
-
12 794
-
social contributions
1 194
-
4 813
-
income
2 473
-
36 764
-
surtax
-
-
-
-
total
8 404
-
54 371
-
Employer
41 895
-
168 897
-
social contributions
126
-
507
-
health
2 933
-
16 870
-
pensions
6 883
-
21 349
-
other
1 445
-
7 036
-
unemployment
1 696
-
6 840
-
total
13 083
-
52 602
-
Corporate
166 522
221 500
-
-
income
46 627
62 021
-
-
surtax
-
-
-
-
total
46 627
62 021
-
-
Dividends
119 895
159 479
-
-
social contributions
20 623
27 430
-
-
surtax
-
-
-
-
withholding
15 346
20 414
-
-
total
35 969
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 083
109 865
106 973
100 405
After tax
117 417
111 635
114 527
121 095
Living cost
33 491
33 491
33 491
33 491
Free-cash
83 926
78 144
81 036
87 604

Estimated living cost  is ₽33491 per week

₽21118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
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.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽81462
₽86905
₽90922
₽84354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 510
health
-
-
-
10 899
surtax
-
-
-
-
pensions
-
-
-
34 818
other
-
-
-
6 866
social contributions
-
-
-
6 312
total
-
-
-
100 405
Employee
37 397
-
168 897
-
pensions
4 230
-
12 794
-
social contributions
1 066
-
4 813
-
income
1 928
-
36 764
-
surtax
-
-
-
-
total
7 224
-
54 371
-
Employer
37 397
-
168 897
-
social contributions
111
-
507
-
health
2 617
-
16 870
-
pensions
6 145
-
21 349
-
other
1 291
-
7 036
-
unemployment
1 514
-
6 840
-
total
11 678
-
52 602
-
Corporate
172 424
221 500
-
-
income
48 278
62 021
-
-
surtax
-
-
-
-
total
48 278
62 021
-
-
Dividends
124 146
159 479
-
-
social contributions
21 352
27 430
-
-
surtax
-
-
-
-
withholding
15 890
20 414
-
-
total
37 242
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 422
109 865
106 973
100 405
After tax
117 078
111 635
114 527
121 095
Living cost
30 173
30 173
30 173
30 173
Free-cash
86 905
81 462
84 354
90 922

Estimated living cost  is ₽30173 per week

₽17499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114378
₽114885
₽121489
₽115480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 226
health
-
-
-
15 461
social contributions
-
-
-
30 567
total
-
-
-
79 254
Employee
33 190
-
221 500
-
social contributions
4 581
-
30 567
-
income
5 536
-
39 235
-
health
2 316
-
15 461
-
total
12 433
-
85 263
-
Employer
33 190
-
221 500
-
total
-
-
-
-
Corporate
188 310
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%.

9 416
11 075
-
-
total
9 416
11 075
-
-
Dividends
178 893
210 425
-
-
social contributions
24 688
29 039
-
-
health
12 487
14 688
-
-
withholding
26 834
31 563
-
-
total
64 009
75 290
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 858
86 365
85 263
79 254
After tax
135 642
135 135
136 237
142 246
Living cost
20 757
20 757
20 757
20 757
Free-cash
114 885
114 378
115 480
121 489

Estimated living cost  is ₽20757 per week

₽13891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽87597
₽86080
₽78958
₽23566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 004
income
-
-
-
71 062
chamber of commerce
-
-
-
886
health
-
-
-
8 748
surtax
-
-
-
193
pensions
-
-
-
21 157
total
-
-
-
108 050
Employee
48 921
39 010
183 357
-
pensions
5 010
3 994
11 711
-
unemployment
1 468
1 170
3 431
-
income
5 569
2 877
59 680
-
other
489
390
1 144
-
health
1 893
1 510
4 425
-
total
14 429
9 941
80 391
-
Employer
48 921
39 010
183 357
-
chamber of commerce
195
156
734
-
health
1 848
1 475
4 323
-
payroll
1 468
1 170
5 500
-
pensions
6 139
4 897
14 352
-
surtax
193
193
193
-
accident
635
507
1 486
-
other
2 324
1 852
8 122
-
unemployment
1 468
1 170
3 431
-
total
14 270
11 420
38 141
-
Corporate
158 309
171 069
179 644
-
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.

39 577
42 766
44 910
-
total
39 577
42 766
44 910
-
Dividends
118 732
128 302
-
-
withholding
32 652
35 284
-
-
total
32 652
35 284
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 928
99 411
163 442
108 050
After tax
120 572
122 089
58 058
113 450
Living cost
34 492
34 492
34 492
34 492
Free-cash
86 080
87 597
23 566
78 958

Estimated living cost  is ₽34492 per week

₽23005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽7979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85788
₽73402
₽60654
₽39560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
88 923
communal

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

-
-
-
11 826
social contributions
-
-
-
24 405
total
-
-
-
125 154
Employee

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

70 021
-
171 556
-
national
21 527
-
64 943
-
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.

5 252
-
12 866
-
communal

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

3 652
-
8 948
-
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.

609
-
1 492
-
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.

3 290
-
8 062
-
total
34 330
-
96 311
-
Employer

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

70 021
-
171 556
-
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.

4 306
-
10 550
-
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.

6 205
-
15 199
-
surtax
7 940
-
19 453
-
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.

910
-
2 231
-
unemployment

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

1 022
-
2 504
-
total
20 383
-
49 937
-
Corporate
131 097
221 500
-
-
income
26 219
47 516
-
-
surtax
524
951
-
-
total
26 743
48 467
-
-
Dividends
104 355
173 032
-
-
withholding

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

30 950
51 553
-
-
total
30 950
51 553
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 406
100 020
146 248
125 154
After tax
109 094
121 480
75 252
96 346
Living cost
35 692
35 692
35 692
35 692
Free-cash
73 402
85 788
39 560
60 654

Estimated living cost  is ₽35692 per week

₽22990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽9023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111699
₽104995
₽88405
₽84297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
70 524
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
97 743
Employee
48 727
-
192 575
-
pensions
2 290
-
4 265
-
unemployment
756
-
1 406
-
income
10 281
-
67 164
-
other
48
-
91
-
total
13 375
-
72 926
-
Employer
48 727
-
192 575
-
pensions
11 499
-
21 413
-
accident
964
-
1 796
-
other
388
-
726
-
unemployment
2 681
-
4 990
-
total
15 532
-
28 925
-
Corporate
157 241
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.

23 586
33 226
-
-
total
23 586
33 226
-
-
Dividends
133 655
188 274
-
-
withholding
28 660
41 223
-
-
total
28 660
41 223
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 153
74 449
101 851
97 743
After tax
140 347
147 051
119 649
123 757
Living cost
35 352
35 352
35 352
35 352
Free-cash
104 995
111 699
84 297
88 405

Estimated living cost  is ₽35352 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2508
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.
₽6301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72126
₽58665
₽50822
₽59651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
1 867
income
-
-
-
41 872
communal
-
-
-
13 999
health
-
-
-
15 563
surtax
-
-
-
10 980
pensions
-
-
-
33 200
total
-
-
-
117 481
Employee
74 131
-
197 856
-
pensions
5 930
-
15 829
-
income
7 160
-
48 251
-
surtax
4 544
-
12 125
-
health
3 299
-
8 803
-
total
20 933
-
85 008
-
Employer
74 131
-
197 856
-
health
2 261
-
6 034
-
pensions
5 930
-
15 829
-
accident
667
-
1 781
-
total
8 858
-
23 644
-
Corporate
138 512
221 500
-
-
income
20 778
33 226
-
-
surtax
1 455
2 326
-
-
communal
9 349
14 952
-
-
total
31 582
50 504
-
-
Dividends
106 930
170 996
-
-
income
32 226
20 023
-
-
withholding
16 039
25 650
-
-
total
48 265
45 673
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 638
96 177
108 652
117 481
After tax
111 862
125 323
112 848
104 019
Living cost
53 197
53 197
53 197
53 197
Free-cash
58 665
72 126
59 651
50 822

Estimated living cost  is ₽53197 per week

₽39906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
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.
₽9504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117337
₽114224
₽82184
₽76196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
223
income
-
-
-
69 895
health
-
-
-
9 275
surtax
-
-
-
11 807
pensions
-
-
-
26 129
other
-
-
-
-
total
-
-
-
117 329
Employee
32 966
-
194 000
-
pensions
2 199
-
8 714
-
unemployment
2 294
-
9 093
-
income
5 526
-
64 042
-
other
-
-
-
-
surtax
117
-
10 637
-
health
842
-
3 331
-
total
10 978
-
95 817
-
Employer
32 966
-
194 000
-
health
1 499
-
5 944
-
pensions
4 395
-
17 415
-
other
-
-
-
-
unemployment
1 046
-
4 141
-
total
6 940
-
27 500
-
Corporate
181 594
221 500
-
-
income
47 214
57 590
-
-
total
47 214
57 590
-
-
Dividends
134 381
163 910
-
-
withholding
20 157
24 586
-
-
total
20 157
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 289
82 176
123 317
117 329
After tax
136 211
139 324
98 183
104 171
Living cost
21 987
21 987
21 987
21 987
Free-cash
114 224
117 337
76 196
82 184

Estimated living cost  is ₽21987 per week

₽13275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90056
₽87882
₽79765
₽71512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 380
national
-
-
-
61 490
regional
-
-
-
3 503
social contributions
-
-
-
48 993
total
-
-
-
115 366
Employee
54 301
-
221 500
-
national
8 603
-
54 938
-
social contributions
18 311
-
64 231
-
municipal
288
-
1 258
-
regional
731
-
3 192
-
total
27 933
-
123 619
-
Employer
54 301
-
221 500
-
total
-
-
-
-
Corporate
167 199
221 500
-
-
municipal
8 309
11 008
-
-
nationa
40 129
53 160
-
-
total
48 438
64 168
-
-
Dividends
118 761
157 332
-
-
withholding
30 878
40 907
-
-
total
30 878
40 907
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 249
105 075
123 619
115 366
After tax
114 251
116 425
97 881
106 134
Living cost
26 369
26 369
26 369
26 369
Free-cash
87 882
90 056
71 512
79 765

Estimated living cost  is ₽26369 per week

₽16399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122534
₽111842
₽100569
₽90904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 573
income
-
-
-
23 490
health
-
-
-
29 903
social contributions
-
-
-
34 996
total
-
-
-
90 962
Employee
44 072
-
175 722
-
social contributions
2 865
-
7 790
-
income
5 289
-
21 631
-
solidarity contribution
-
-
1 705
-
health
5 950
-
23 723
-
total
14 104
-
54 849
-
Employer
44 072
-
175 722
-
social contributions
11 018
-
29 963
-
health
3 966
-
15 815
-
total
14 984
-
45 778
-
Corporate
162 443
221 500
-
-
income
30 864
42 085
-
-
total
30 864
42 085
-
-
Dividends
131 579
179 415
-
-
withholding
19 737
26 912
-
-
total
19 737
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 689
68 997
100 627
90 962
After tax
141 811
152 503
120 873
130 538
Living cost
29 969
29 969
29 969
29 969
Free-cash
111 842
122 534
90 904
100 569

Estimated living cost  is ₽29969 per week

₽22287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90964
₽90478
₽82413
₽26873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 004
income
-
-
-
71 062
chamber of commerce
-
-
-
886
health
-
-
-
8 748
surtax
-
-
-
-
pensions
-
-
-
21 157
total
-
-
-
107 857
Employee
42 790
39 010
183 539
-
pensions
4 382
3 994
11 711
-
unemployment
1 284
1 170
3 431
-
income
3 812
2 877
59 768
-
other
427
390
1 144
-
health
1 655
1 510
4 425
-
total
11 560
9 941
80 479
-
Employer
42 790
39 010
183 539
-
chamber of commerce
171
156
734
-
health
1 618
1 475
4 323
-
payroll
1 284
1 170
5 506
-
pensions
5 370
4 897
14 352
-
surtax
-
-
-
-
accident
555
507
1 486
-
other
2 032
1 852
8 129
-
unemployment
1 284
1 170
3 431
-
total
12 314
11 227
37 961
-
Corporate
166 395
171 262
179 824
-
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.

41 598
42 815
44 957
-
total
41 598
42 815
44 957
-
Dividends
124 797
128 447
-
-
withholding
34 320
35 323
-
-
total
34 320
35 323
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 792
99 306
163 397
107 857
After tax
121 708
122 194
58 103
113 643
Living cost
31 230
31 230
31 230
31 230
Free-cash
90 478
90 964
26 873
82 413

Estimated living cost  is ₽31230 per week

₽18734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197238
₽194765
₽206098
₽164013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 484
-
221 500
-
income
3 297
-
44 300
-
total
3 297
-
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%.

205 016
221 500
-
-
total
-
-
-
-
Dividends
205 016
221 500
-
-
withholding
10 251
11 075
-
-
total
10 251
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 548
11 075
44 300
2 215
After tax
207 952
210 425
177 200
219 285
Living cost
13 187
13 187
13 187
13 187
Free-cash
194 765
197 238
164 013
206 098

Estimated living cost  is ₽13187 per week

₽8924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126247
₽118061
₽76443
₽71635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
333
income
-
-
-
56 220
health
-
-
-
21 796
pensions
-
-
-
40 452
total
-
-
-
118 801
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.

43 287
-
191 659
-
pensions
6 710
-
29 707
-
unemployment
61
-
267
-
income
7 465
-
51 413
-
health
2 796
-
12 381
-
total
17 032
-
93 768
-
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.

43 287
-
191 659
-
health
2 883
-
12 764
-
pensions
3 830
-
16 962
-
unemployment
26
-
115
-
total
6 739
-
29 841
-
Corporate
171 474
221 500
-
-
income
32 579
42 085
-
-
total
32 579
42 085
-
-
Dividends
138 894
179 415
-
-
withholding
20 833
26 912
-
-
total
20 833
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 183
68 997
123 609
118 801
After tax
144 317
152 503
97 891
102 699
Living cost
26 256
26 256
26 256
26 256
Free-cash
118 061
126 247
71 635
76 443

Estimated living cost  is ₽26256 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽6047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88800
₽38133
₽107113
₽161526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
43 175
social contributions
-
-
-
25 251
total
-
-
-
68 426
Employee
65 902
-
-
-
social contributions
5 404
-
770
-
income
14 537
-
-
-
total
19 941
-
770
-
Employer
65 902
-
-
-
social contributions
92 921
-
13 243
-
total
92 921
-
13 243
-
Corporate
62 677
221 500
-
-
income
13 789
48 730
-
-
total
13 789
48 730
-
-
Dividends
48 888
172 770
-
-
income
10 755
38 009
-
-
total
10 755
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
137 406
86 739
14 013
68 426
After tax
84 094
134 761
207 487
153 074
Living cost
45 961
45 961
45 961
45 961
Free-cash
38 133
88 800
161 526
107 113

Estimated living cost  is ₽45961 per week

₽29821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95285
₽94297
₽84770
₽67424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income
-
-
-
29 054
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 025
Employee
45 022
-
178 990
-
social contributions
4 952
-
19 689
-
income
9 365
-
60 905
-
surtax
-
-
267
-
total
14 317
-
80 861
-
Employer
45 022
-
178 990
-
social contributions
10 693
-
42 510
-
total
10 693
-
42 510
-
Corporate
165 786
221 500
-
-
income
34 816
46 515
-
-
surtax
-
-
-
-
total
34 816
46 515
-
-
Dividends
130 970
174 985
-
-
withholding
36 672
48 995
-
-
total
36 672
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 498
95 510
123 371
106 025
After tax
125 002
125 990
98 129
115 475
Living cost
30 705
30 705
30 705
30 705
Free-cash
94 297
95 285
67 424
84 770

Estimated living cost  is ₽30705 per week

₽22973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64356
₽71088
₽73816
₽67248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 510
health
-
-
-
10 899
surtax
-
-
-
-
pensions
-
-
-
34 818
other
-
-
-
6 866
social contributions
-
-
-
6 312
total
-
-
-
100 405
Employee
61 310
-
168 897
-
pensions
6 935
-
12 794
-
social contributions
1 746
-
4 813
-
income
5 349
-
36 764
-
surtax
-
-
-
-
total
14 030
-
54 371
-
Employer
61 310
-
168 897
-
social contributions
184
-
507
-
health
4 291
-
16 870
-
pensions
10 074
-
21 349
-
other
2 116
-
7 036
-
unemployment
2 484
-
6 840
-
total
19 149
-
52 602
-
Corporate
141 042
221 500
-
-
income
39 491
62 021
-
-
surtax
-
-
-
-
total
39 491
62 021
-
-
Dividends
101 550
159 479
-
-
social contributions
17 465
27 430
-
-
surtax
-
-
-
-
withholding
12 998
20 414
-
-
total
30 463
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 133
109 865
106 973
100 405
After tax
118 367
111 635
114 527
121 095
Living cost
47 279
47 279
47 279
47 279
Free-cash
71 088
64 356
67 248
73 816

Estimated living cost  is ₽47279 per week

₽31998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169925
₽166637
₽132012
₽137899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 332
social contributions
-
-
-
48 731
total
-
-
-
60 063
Employee
31 470
-
191 774
-
social contributions
2 045
-
12 465
-
income
-
-
11 987
-
total
2 045
-
24 452
-
Employer
31 470
-
191 774
-
social contributions
4 878
-
29 724
-
total
4 878
-
29 724
-
Corporate
185 151
221 500
-
-
income
18 515
22 150
-
-
total
18 515
22 150
-
-
Dividends
166 636
199 350
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 438
22 150
54 176
60 063
After tax
196 062
199 350
167 324
161 437
Living cost
29 425
29 425
29 425
29 425
Free-cash
166 637
169 925
137 899
132 012

Estimated living cost  is ₽29425 per week

₽19026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
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.
₽7627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8635
₽4917
₽80729
₽8635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
47 607
national
-
-
-
27 613
labour market
-
-
-
17 652
pensions
-
-
-
847
total
-
-
-
93 719
Employee
198 596
198 596
198 596
-
national
24 262
24 262
24 262
-
pensions
282
282
282
-
municipal
42 290
42 290
42 290
-
labour market
15 865
15 865
15 865
-
total
82 699
82 699
82 699
-
Employer
198 596
198 596
198 596
-
municipal
42 357
42 357
42 357
-
labour market
15 888
15 888
15 888
-
national
24 304
24 304
24 304
-
pensions
565
565
565
-
total
83 114
83 114
83 114
-
Corporate
8 635
-
-
-
income
1 900
-
-
-
total
1 900
-
-
-
Dividends
6 735
-
-
-
withholding
1 818
-
-
-
total
1 818
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
169 531
165 813
165 813
93 719
After tax
51 969
55 687
55 687
127 781
Living cost
47 052
47 052
47 052
47 052
Free-cash
4 917
8 635
8 635
80 729

Estimated living cost  is ₽47052 per week

₽32203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽724
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2993
₽14730
₽130300
₽101186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
244
income
-
-
-
63 540
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
70 266
Employee
32 930
-
202 516
-
pensions
3 708
-
7 368
-
income
4 518
-
49 840
-
health
3 771
-
23 188
-
total
11 997
-
80 396
-
Employer
32 930
-
202 516
-
pensions
5 354
-
10 640
-
accident
550
-
3 382
-
unemployment
807
-
4 962
-
total
6 711
-
18 984
-
Corporate
181 858
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.

163 673
199 350
-
-
total
163 673
199 350
-
-
Dividends
18 186
22 150
-
-
withholding
3 455
4 209
-
-
total
3 455
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 836
203 559
99 380
70 266
After tax
35 664
17 941
122 120
151 234
Living cost
20 934
20 934
20 934
20 934
Free-cash
14 730
-2 993
101 186
130 300

Estimated living cost  is ₽20934 per week

₽15238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98164
₽101190
₽98152
₽72782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
39 330
national
-
-
-
43 434
health
-
-
-
3 002
total
-
-
-
85 766
Employee
51 502
-
186 339
-
national
851
-
27 809
-
pensions
3 476
-
12 578
-
unemployment
773
-
2 796
-
municipal
8 436
-
30 331
-
health
385
-
2 461
-
total
13 921
-
75 975
-
Employer
51 502
-
186 339
-
health
396
-
1 434
-
pensions
8 935
-
32 330
-
accident
52
-
186
-
unemployment
334
-
1 211
-
total
9 717
-
35 161
-
Corporate
160 281
221 500
-
-
income
32 055
44 301
-
-
total
32 055
44 301
-
-
Dividends

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

96 169
132 899
-
-
municipal
17 311
23 923
-
-
national
9 724
17 530
-
-
total
27 035
41 453
-
-
Income
221 500
221 500
221 500
221 500
Total tax
82 728
85 754
111 136
85 766
After tax
138 772
135 746
110 364
135 734
Living cost
37 582
37 582
37 582
37 582
Free-cash
101 190
98 164
72 782
98 152

Estimated living cost  is ₽37582 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138763
₽133436
₽126273
₽124459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 076
health
-
-
-
5 649
social contributions
-
-
-
15 838
total
-
-
-
72 563
Employee
75 272
75 272
209 204
-
social contributions
2 846
6 247
8 426
-
income
8 196
6 968
50 099
-
health
583
1 280
3 557
-
total
11 625
14 495
62 082
-
Employer
75 272
75 272
209 204
-
social contributions
2 846
6 247
8 426
-
health
633
1 393
3 869
-
total
3 479
7 640
12 295
-
Corporate
183 731
138 587
-
-
income
22 966
17 324
-
-
total
22 966
17 324
-
-
Dividends
160 766
121 263
-
-
withholding
27 330
20 614
-
-
total
27 330
20 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 400
60 073
74 377
72 563
After tax
156 100
161 427
147 123
148 937
Living cost
22 664
22 664
22 664
22 664
Free-cash
133 436
138 763
124 459
126 273

Estimated living cost  is ₽22664 per week

₽13583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167882
₽162903
₽173218
₽153587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
22 942
health
-
-
-
3 543
pensions
-
-
-
6 227
total
-
-
-
32 740
Employee

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

22 469
-
211 933
-
pensions
3 370
-
13 932
-
unemployment
111
-
464
-
income
1 536
-
20 514
-
health
1 910
-
7 895
-
total
6 927
-
42 805
-
Employer

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

22 469
-
211 933
-
health
966
-
3 994
-
pensions
1 235
-
5 108
-
unemployment
111
-
464
-
total
2 312
-
9 566
-
Corporate
196 718
221 500
-
-
income
17 705
19 934
-
-
total
17 705
19 934
-
-
Dividends
179 013
201 566
-
-
withholding
16 111
18 142
-
-
total
16 111
18 142
-
-
Income
221 500
221 500
221 500
221 500
Total tax
43 055
38 076
52 371
32 740
After tax
178 445
183 424
169 129
188 760
Living cost
15 542
15 542
15 542
15 542
Free-cash
162 903
167 882
153 587
173 218

Estimated living cost  is ₽15542 per week

₽9916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120133
₽115813
₽96839
₽92731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
70 524
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
97 743
Employee
36 195
-
192 575
-
pensions
1 702
-
4 265
-
unemployment
561
-
1 406
-
income
6 978
-
67 164
-
other
35
-
91
-
total
9 276
-
72 926
-
Employer
36 195
-
192 575
-
pensions
8 541
-
21 413
-
accident
717
-
1 796
-
other
290
-
726
-
unemployment
1 991
-
4 990
-
total
11 539
-
28 925
-
Corporate
173 765
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.

26 064
33 226
-
-
total
26 064
33 226
-
-
Dividends
147 700
188 274
-
-
withholding
31 890
41 223
-
-
total
31 890
41 223
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 769
74 449
101 851
97 743
After tax
142 731
147 051
119 649
123 757
Living cost
26 918
26 918
26 918
26 918
Free-cash
115 813
120 133
92 731
96 839

Estimated living cost  is ₽26918 per week

₽18170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2588
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.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136549
₽136275
₽141329
₽141209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
76 406
health
-
-
-
882
pensions
-
-
-
1 216
total
-
-
-
78 504
Employee
2 539
-
220 132
-
pensions
229
-
547
-
unemployment
25
-
61
-
income
491
-
76 343
-
health
127
-
304
-
total
872
-
77 255
-
Employer
2 539
-
220 132
-
health
241
-
578
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 369
-
Corporate
218 390
221 500
-
-
income
48 046
48 730
-
-
total
48 046
48 730
-
-
Dividends
170 344
172 770
-
-
withholding
34 069
34 554
-
-
total
34 069
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 558
83 284
78 624
78 504
After tax
137 942
138 216
142 876
142 996
Living cost
1 667
1 667
1 667
1 667
Free-cash
136 275
136 549
141 209
141 329

Estimated living cost  is ₽1667 per week

₽991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143132
₽138323
₽126003
₽126003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 083
income
-
-
-
51 292
health
-
-
-
7 440
pensions
-
-
-
18 780
total
-
-
-
78 595
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.

25 487
-
208 571
-
pensions
3 568
-
10 112
-
unemployment
191
-
542
-
income
3 513
-
51 292
-
health
1 313
-
3 720
-
total
8 585
-
65 666
-
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.

25 487
-
208 571
-
health
1 313
-
3 720
-
pensions
3 058
-
8 667
-
unemployment
191
-
542
-
total
4 562
-
12 929
-
Corporate
191 450
221 500
-
-
income
28 718
33 225
-
-
total
28 718
33 225
-
-
Dividends
162 733
188 275
-
-
withholding
24 410
28 241
-
-
total
24 410
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 275
61 466
78 595
78 595
After tax
155 225
160 034
142 905
142 905
Living cost
16 902
16 902
16 902
16 902
Free-cash
138 323
143 132
126 003
126 003

Estimated living cost  is ₽16902 per week

₽11380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99600
₽99245
₽89085
₽71739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income
-
-
-
29 054
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 025
Employee
37 993
-
178 990
-
social contributions
4 180
-
19 689
-
income
7 424
-
60 905
-
surtax
-
-
267
-
total
11 604
-
80 861
-
Employer
37 993
-
178 990
-
social contributions
9 023
-
42 510
-
total
9 023
-
42 510
-
Corporate
174 484
221 500
-
-
income
36 642
46 515
-
-
surtax
-
-
-
-
total
36 642
46 515
-
-
Dividends
137 843
174 985
-
-
withholding
38 596
48 995
-
-
total
38 596
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 865
95 510
123 371
106 025
After tax
125 635
125 990
98 129
115 475
Living cost
26 390
26 390
26 390
26 390
Free-cash
99 245
99 600
71 739
89 085

Estimated living cost  is ₽26390 per week

₽18692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112648
₽106245
₽89354
₽85246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
635
accident
-
-
-
817
income
-
-
-
70 524
pensions
-
-
-
25 676
other
-
-
-
91
total
-
-
-
97 743
Employee
47 276
-
192 575
-
pensions
2 222
-
4 265
-
unemployment
732
-
1 406
-
income
9 874
-
67 164
-
other
46
-
91
-
total
12 874
-
72 926
-
Employer
47 276
-
192 575
-
pensions
11 157
-
21 413
-
accident
936
-
1 796
-
other
379
-
726
-
unemployment
2 601
-
4 990
-
total
15 073
-
28 925
-
Corporate
159 151
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.

23 872
33 226
-
-
total
23 872
33 226
-
-
Dividends
135 279
188 274
-
-
withholding
29 033
41 223
-
-
total
29 033
41 223
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 852
74 449
101 851
97 743
After tax
140 648
147 051
119 649
123 757
Living cost
34 403
34 403
34 403
34 403
Free-cash
106 245
112 648
85 246
89 354

Estimated living cost  is ₽34403 per week

₽24707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
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.
₽6537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172319
₽166275
₽161961
₽171152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
33 225
health
-
-
-
3 984
pensions

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

-
-
-
5 128
total
-
-
-
42 476
Employee
22 594
-
214 702
-
pensions

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

1 984
-
3 042
-
income
2 260
-
21 470
-
health
1 039
-
1 594
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 531
-
26 487
-
Employer
22 594
-
214 702
-
health
1 559
-
2 391
-
pensions

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

2 490
-
3 818
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 433
-
6 798
-
Corporate
194 473
221 500
-
-
income
19 447
22 150
-
-
total
19 447
22 150
-
-
Dividends
175 026
199 350
-
-
withholding
8 751
9 968
-
-
total
8 751
9 968
-
-
Income
221 500
221 500
221 500
221 500
Total tax
38 162
32 118
33 285
42 476
After tax
183 338
189 382
188 215
179 024
Living cost
17 063
17 063
17 063
17 063
Free-cash
166 275
172 319
171 152
161 961

Estimated living cost  is ₽17063 per week

₽11285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76121
₽88929
₽73791
₽99046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 255
income

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

-
-
-
73 910
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.

-
-
-
6 687
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.

-
-
-
4 065
total
-
-
-
109 917
Employee

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

48 706
-
221 500
-
income

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

4 005
-
73 910
-
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.

221
-
4 065
-
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.

6 687
-
6 687
-
total
10 913
-
84 662
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 794
221 500
-
-
income
25 920
33 226
-
-
surtax

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

1 425
1 828
-
-
trade
24 796
31 786
-
-
chamber of commerce
401
474
-
-
total
52 542
67 314
-
-
Dividends
120 253
154 187
-
-
surtax

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

1 633
2 099
-
-
withholding
29 691
38 174
-
-
total
31 324
40 273
-
-
Income
221 500
221 500
221 500
221 500
Total tax
94 779
107 587
84 662
109 917
After tax
126 721
113 913
136 838
111 583
Living cost
37 792
37 792
37 792
37 792
Free-cash
88 929
76 121
99 046
73 791

Estimated living cost  is ₽37792 per week

₽26070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽99287
₽101450
₽55226
₽55226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 420
social contributions
-
-
-
38 092
total
-
-
-
110 512
Employee
76 571
-
221 500
-
social contributions
6 361
-
38 092
-
income
14 449
-
72 420
-
total
20 810
-
110 512
-
Employer
76 571
-
221 500
-
total
-
-
-
-
Corporate
144 929
221 500
-
-
income
18 116
27 688
-
-
total
18 116
27 688
-
-
Dividends
126 813
193 812
-
-
withholding
25 362
38 763
-
-
total
25 362
38 763
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 288
66 451
110 512
110 512
After tax
157 212
155 049
110 988
110 988
Living cost
55 762
55 762
55 762
55 762
Free-cash
101 450
99 287
55 226
55 226

Estimated living cost  is ₽55762 per week

₽42423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103269
₽106689
₽146645
₽118963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 095
total
-
-
-
39 321
Employee
44 906
-
216 997
-
social contributions
4 499
-
4 503
-
income
4 873
-
57 997
-
total
9 372
-
62 500
-
Employer
44 906
-
216 997
-
social contributions
4 499
-
4 503
-
total
4 499
-
4 503
-
Corporate
172 095
221 500
-
-
income
60 234
77 525
-
-
total
60 234
77 525
-
-
Dividends
111 861
143 975
-
-
social contributions
5 172
5 172
-
-
total
5 172
5 172
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 277
82 697
67 003
39 321
After tax
142 223
138 803
154 497
182 179
Living cost
35 534
35 534
35 534
35 534
Free-cash
106 689
103 269
118 963
146 645

Estimated living cost  is ₽35534 per week

₽23406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103243
₽109068
₽106708
₽86924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 415
pensions
-
-
-
9 818
total
-
-
-
78 233
Employee
50 183
-
193 048
-
pensions
3 830
-
11 725
-
income
9 139
-
55 227
-
health
655
-
2 612
-
total
13 624
-
69 564
-
Employer
50 183
-
193 048
-
health
954
-
3 668
-
pensions
5 070
-
24 785
-
total
6 024
-
28 453
-
Corporate
165 293
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.

31 407
42 084
-
-
total
31 407
42 084
-
-
Dividends
133 887
179 416
-
-
withholding
24 818
39 614
-
-
total
24 818
39 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 873
81 698
98 017
78 233
After tax
145 627
139 802
123 483
143 267
Living cost
36 559
36 559
36 559
36 559
Free-cash
109 068
103 243
86 924
106 708

Estimated living cost  is ₽36559 per week

₽25079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5065
₽14413
₽128228
₽99114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
244
income
-
-
-
63 540
health
-
-
-
2 106
pensions
-
-
-
4 018
other
-
-
-
358
total
-
-
-
70 266
Employee
36 190
-
202 516
-
pensions
4 075
-
7 368
-
income
4 965
-
49 840
-
health
4 144
-
23 188
-
total
13 184
-
80 396
-
Employer
36 190
-
202 516
-
pensions
5 884
-
10 640
-
accident
604
-
3 382
-
unemployment
887
-
4 962
-
total
7 375
-
18 984
-
Corporate
177 935
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.

160 141
199 350
-
-
total
160 141
199 350
-
-
Dividends
17 793
22 150
-
-
withholding
3 381
4 209
-
-
total
3 381
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
184 081
203 559
99 380
70 266
After tax
37 419
17 941
122 120
151 234
Living cost
23 006
23 006
23 006
23 006
Free-cash
14 413
-5 065
99 114
128 228

Estimated living cost  is ₽23006 per week

₽16884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156224
₽153261
₽127958
₽149487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 879
health insurance
-
-
-
11 586
income
-
-
-
37 262
work injury
-
-
-
783
pensions
-
-
-
28 808
total
-
-
-
80 318
Employee

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

21 158
-
221 500
-
work injury
106
-
391
-
pensions
3 893
-
14 404
-
unemployment
254
-
939
-
income
2 116
-
37 262
-
health insurance
1 566
-
5 793
-
total
7 935
-
58 789
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 342
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%.

20 034
22 150
-
-
total
20 034
22 150
-
-
Dividends
180 307
199 350
-
-
withholding
27 046
29 902
-
-
total
27 046
29 902
-
-
Income
221 500
221 500
221 500
221 500
Total tax
55 015
52 052
58 789
80 318
After tax
166 485
169 448
162 711
141 182
Living cost
13 224
13 224
13 224
13 224
Free-cash
153 261
156 224
149 487
127 958

Estimated living cost  is ₽13224 per week

₽8193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77675
₽73223
₽65049
₽57007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 553
national
-
-
-
61 490
regional
-
-
-
5 418
social contributions
-
-
-
48 993
total
-
-
-
117 454
Employee
82 488
-
221 500
-
national
13 940
-
54 938
-
social contributions
27 814
-
64 231
-
municipal
492
-
1 416
-
regional
1 245
-
4 911
-
total
43 491
-
125 496
-
Employer
82 488
-
221 500
-
total
-
-
-
-
Corporate
139 012
221 500
-
-
municipal
6 700
10 676
-
-
nationa
33 363
53 160
-
-
total
40 063
63 836
-
-
Dividends
98 949
157 664
-
-
withholding
25 726
40 992
-
-
total
25 726
40 992
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 280
104 828
125 496
117 454
After tax
112 220
116 672
96 004
104 046
Living cost
38 997
38 997
38 997
38 997
Free-cash
73 223
77 675
57 007
65 049

Estimated living cost  is ₽38997 per week

₽27393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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