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
₽93334
₽82810
₽107642
₽79722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 920
income

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

-
-
-
74 446
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.

-
-
-
6 500
surtax

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

-
-
-
4 095
total
-
-
-
112 961
Employee

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

36 389
-
221 500
-
surtax

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

56
-
4 095
-
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.

6 500
-
6 500
-
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.

1 016
-
74 446
-
total
7 572
-
85 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 111
221 500
-
-
trade
29 155
34 887
-
-
income
27 766
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.

1 527
1 827
-
-
chamber of commerce
410
462
-
-
total
58 858
70 402
-
-
Dividends
126 253
151 098
-
-
withholding
31 202
37 413
-
-
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.

1 717
2 058
-
-
total
32 919
39 471
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 349
109 873
85 041
112 961
After tax
122 151
111 627
136 459
108 539
Living cost
28 817
28 817
28 817
28 817
Free-cash
93 334
82 810
107 642
79 722

Estimated living cost  is ₽28817 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88656
₽89467
₽78246
₽77057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
2 381
pensions
-
-
-
26 580
municipal
-
-
-
24 634
national
-
-
-
42 099
total
-
-
-
95 694
Employee
75 570
-
191 485
-
national
14 464
-
43 977
-
municipal
9 334
-
25 492
-
pensions
3 023
-
7 659
-
total
26 821
-
77 128
-
Employer
75 570
-
191 485
-
pensions
6 046
-
15 319
-
social contributions
812
-
2 058
-
total
6 858
-
17 377
-
Corporate
134 085
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%.

26 817
44 300
-
-
total
26 817
44 300
-
-
Dividends
107 268
177 200
-
-
withholding
23 599
38 984
-
-
total
23 599
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 095
83 284
94 505
95 694
After tax
137 405
138 216
126 995
125 806
Living cost
48 749
48 749
48 749
48 749
Free-cash
88 656
89 467
78 246
77 057

Estimated living cost  is ₽48749 per week

₽33134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149604
₽157406
₽76902
₽61275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
221 500
social contributions

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

-
-
-
36 452
income
-
-
-
47 498
microenterprise
-
-
-
-
surtax
-
-
-
56 482
total
-
-
-
140 432
Employee
27 800
-
174 941
-
surtax
-
-
25 367
-
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.

3 058
-
12 472
-
income
4 949
-
40 408
-
total
8 007
-
78 247
-
Employer
27 800
-
174 941
-
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.

6 696
-
27 315
-
surtax
-
-
19 243
-
total
6 696
-
46 558
-
Corporate
187 003
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%.

37 400
44 301
-
-
total
37 400
44 301
-
-
Dividends

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

149 603
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 103
44 301
124 805
140 432
After tax
169 397
177 199
96 695
81 068
Living cost
19 793
19 793
19 793
19 793
Free-cash
149 604
157 406
76 902
61 275

Estimated living cost  is ₽19793 per week

₽12627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64784
₽70611
₽101792
₽78680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 086
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
102 965
Employee
81 246
81 246
203 819
-
health
12 470
10 607
11 732
-
pensions
14 624
11 147
11 147
-
income

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

13 299
13 299
39 293
-
total
40 393
35 053
62 172
-
Employer
81 246
81 246
203 819
-
pensions
5 655
5 655
7 029
-
unemployment
2 925
2 925
3 634
-
health
5 647
5 647
7 018
-
total
14 227
14 227
17 681
-
Corporate
127 024
126 027
-
-
income
25 405
25 206
-
-
total
25 405
25 206
-
-
Dividends
101 619
100 821
-
-
withholding
15 243
15 123
-
-
income
21 593
21 425
-
-
total
36 836
36 548
-
-
Income
221 500
221 500
221 500
221 500
Total tax
116 861
111 034
79 853
102 965
After tax
104 639
110 466
141 647
118 535
Living cost
39 855
39 855
39 855
39 855
Free-cash
64 784
70 611
101 792
78 680

Estimated living cost  is ₽39855 per week

₽28245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80801
₽81683
₽70558
₽71510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
9 997
unemployment
-
-
-
86
pensions
-
-
-
9 300
municipal
-
-
-
58 619
accident
-
-
-
172
national
-
-
-
27 192
health
-
-
-
5 368
total
-
-
-
110 734
Employee
55 936
-
194 468
-
national
-
-
26 665
-
municipal
16 680
-
57 990
-
total
16 680
-
84 655
-
Employer
55 936
-
194 468
-
other
6 500
-
9 997
-
accident
112
-
172
-
pensions
6 047
-
9 300
-
unemployment
1 477
-
2 271
-
health
3 440
-
5 291
-
total
17 576
-
27 031
-
Corporate
147 989
221 500
-
-
income
32 558
48 730
-
-
total
32 558
48 730
-
-
Dividends
115 432
172 770
-
-
withholding
34 629
51 831
-
-
total
34 629
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 443
100 561
111 686
110 734
After tax
120 057
120 939
109 814
110 766
Living cost
39 256
39 256
39 256
39 256
Free-cash
80 801
81 683
70 558
71 510

Estimated living cost  is ₽39256 per week

₽26017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86482
₽73114
₽99084
₽69924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 160
income

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

-
-
-
74 446
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.

-
-
-
6 500
surtax

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

-
-
-
4 095
total
-
-
-
114 201
Employee

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

48 247
-
221 500
-
surtax

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

227
-
4 095
-
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.

6 500
-
6 500
-
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.

4 145
-
74 446
-
total
10 872
-
85 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 253
221 500
-
-
trade
28 499
36 436
-
-
income
25 988
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.

1 430
1 827
-
-
chamber of commerce
390
459
-
-
total
56 307
71 948
-
-
Dividends
116 946
149 552
-
-
withholding
28 875
37 026
-
-
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.

1 589
2 037
-
-
total
30 464
39 063
-
-
Income
221 500
221 500
221 500
221 500
Total tax
97 643
111 011
85 041
114 201
After tax
123 857
110 489
136 459
107 299
Living cost
37 375
37 375
37 375
37 375
Free-cash
86 482
73 114
99 084
69 924

Estimated living cost  is ₽37375 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126604
₽130552
₽116033
₽117838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
15 393
income
-
-
-
51 763
health
-
-
-
5 647
total
-
-
-
72 803
Employee
73 158
73 158
209 436
-
health
728
1 244
3 560
-
social contributions
3 555
6 072
8 190
-
income
7 682
6 772
50 793
-
total
11 965
14 088
62 543
-
Employer
73 158
73 158
209 436
-
social contributions
3 555
6 072
8 190
-
health
793
1 354
3 875
-
total
4 348
7 426
12 065
-
Corporate
174 329
140 916
-
-
income
21 792
17 614
-
-
total
21 792
17 614
-
-
Dividends
152 537
123 302
-
-
withholding
25 932
20 961
-
-
total
25 932
20 961
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 037
60 089
74 608
72 803
After tax
157 463
161 411
146 892
148 697
Living cost
30 859
30 859
30 859
30 859
Free-cash
126 604
130 552
116 033
117 838

Estimated living cost  is ₽30859 per week

₽21095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
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.
₽6835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107193
₽106830
₽110916
₽135956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
22 150
health
-
-
-
15 505
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.

25 246
10 047
185 356
-
unemployment
379
151
2 780
-
health
1 767
703
12 975
-
pensions
2 525
1 005
18 536
-
income
3 086
1 228
22 660
-
total
7 757
3 087
56 951
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
185 356
-
pensions
4 923
1 959
36 144
-
total
4 923
1 959
36 144
-
Corporate
191 331
209 493
-
-
income
17 220
18 854
-
-
total
17 220
18 854
-
-
Dividends
174 112
190 639
-
-
withholding
33 081
36 221
-
-
social contributions
33 837
37 060
-
-
total
66 918
73 281
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 818
97 181
93 095
68 055
After tax
124 682
124 319
128 405
153 445
Living cost
17 489
17 489
17 489
17 489
Free-cash
107 193
106 830
110 916
135 956

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148309
₽154219
₽104688
₽95744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 682
pensions
-
-
-
44 299
health
-
-
-
28 795
total
-
-
-
102 776
Employee
26 990
-
165 543
-
unemployment
432
-
2 649
-
pensions
540
-
3 311
-
income
3 039
-
31 917
-
total
4 011
-
37 877
-
Employer
26 990
-
165 543
-
pensions
5 398
-
33 109
-
unemployment
217
-
1 325
-
health
3 508
-
21 521
-
total
9 123
-
55 955
-
Corporate
185 387
221 500
-
-
income
37 077
44 301
-
-
total
37 077
44 301
-
-
Dividends
148 310
177 199
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 211
44 301
93 832
102 776
After tax
171 289
177 199
127 668
118 724
Living cost
22 980
22 980
22 980
22 980
Free-cash
148 309
154 219
104 688
95 744

Estimated living cost  is ₽22980 per week

₽15762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14653
-₽3499
₽100627
₽129799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
361
income
-
-
-
63 474
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 261
Employee
33 727
-
202 423
-
health
3 862
-
23 177
-
pensions
3 798
-
7 435
-
income
4 627
-
49 745
-
total
12 287
-
80 357
-
Employer
33 727
-
202 423
-
accident
563
-
3 380
-
pensions
5 484
-
10 737
-
unemployment
826
-
4 959
-
total
6 873
-
19 076
-
Corporate
180 900
221 500
-
-
income

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

162 810
199 350
-
-
total
162 810
199 350
-
-
Dividends
18 090
22 150
-
-
withholding
3 437
4 209
-
-
total
3 437
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 407
203 559
99 433
70 261
After tax
36 093
17 941
122 067
151 239
Living cost
21 440
21 440
21 440
21 440
Free-cash
14 653
-3 499
100 627
129 799

Estimated living cost  is ₽21440 per week

₽15714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201194
₽202651
₽169426
₽211511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
microenterprise

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

-
-
-
2 215
total
-
-
-
2 215
Employee
9 718
-
221 500
-
income
1 943
-
44 300
-
total
1 943
-
44 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

211 782
221 500
-
-
total
-
-
-
-
Dividends
211 782
221 500
-
-
withholding
10 589
11 075
-
-
total
10 589
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 532
11 075
44 300
2 215
After tax
208 968
210 425
177 200
219 285
Living cost
7 774
7 774
7 774
7 774
Free-cash
201 194
202 651
169 426
211 511

Estimated living cost  is ₽7774 per week

₽4818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130958
₽137385
₽107018
₽108829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
6 872
income
-
-
-
39 359
pensions

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

-
-
-
34 723
health
-
-
-
6 366
total
-
-
-
87 320
Employee
34 544
-
184 721
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
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.

2 418
-
10 127
-
income
5 947
-
38 754
-
total
9 194
-
52 353
-
Employer
34 544
-
184 721
-
other
1 728
-
7 233
-
accident
276
-
1 477
-
pensions

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

5 873
-
24 596
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
total
8 706
-
36 778
-
Corporate
178 250
221 500
-
-
income
37 433
46 516
-
-
total
37 433
46 516
-
-
Dividends
140 817
174 984
-
-
withholding
9 858
12 248
-
-
total
9 858
12 248
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 191
58 764
89 131
87 320
After tax
156 309
162 736
132 369
134 180
Living cost
25 351
25 351
25 351
25 351
Free-cash
130 958
137 385
107 018
108 829

Estimated living cost  is ₽25351 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83921
₽76406
₽60430
₽80162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
69 366
pensions
-
-
-
9 540
total
-
-
-
78 906
Employee
88 332
-
192 966
-
health
1 456
-
2 576
-
pensions
8 522
-
11 318
-
income
15 923
-
56 210
-
total
25 901
-
70 104
-
Employer
88 332
-
192 966
-
pensions
10 430
-
24 868
-
health
1 678
-
3 666
-
total
12 108
-
28 534
-
Corporate
121 061
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.

23 001
42 084
-
-
total
23 001
42 084
-
-
Dividends
98 059
179 416
-
-
withholding
14 137
40 578
-
-
total
14 137
40 578
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 147
82 662
98 638
78 906
After tax
146 353
138 838
122 862
142 594
Living cost
62 432
62 432
62 432
62 432
Free-cash
83 921
76 406
60 430
80 162

Estimated living cost  is ₽62432 per week

₽46782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽172480
₽176902
₽176181
₽166916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
33 225
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
42 103
Employee
16 527
-
214 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
health
760
-
1 530
-
pensions

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

1 451
-
2 920
-
income
1 652
-
21 498
-
total
4 045
-
26 314
-
Employer
16 527
-
214 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 821
-
3 664
-
unemployment
99
-
200
-
health
1 141
-
2 294
-
total
3 243
-
6 524
-
Corporate
201 730
221 500
-
-
income
20 173
22 150
-
-
total
20 173
22 150
-
-
Dividends
181 557
199 350
-
-
withholding
9 078
9 967
-
-
total
9 078
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 539
32 117
32 838
42 103
After tax
184 961
189 383
188 662
179 397
Living cost
12 481
12 481
12 481
12 481
Free-cash
172 480
176 902
176 181
166 916

Estimated living cost  is ₽12481 per week

₽7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60103
₽57709
₽88890
₽65778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 086
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
102 965
Employee
88 207
81 246
203 819
-
health
11 004
10 607
11 732
-
pensions
11 147
11 147
11 147
-
income

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

13 299
13 299
39 293
-
total
35 450
35 053
62 172
-
Employer
88 207
81 246
203 819
-
pensions
6 139
5 655
7 029
-
unemployment
3 176
2 925
3 634
-
health
6 130
5 647
7 018
-
total
15 445
14 227
17 681
-
Corporate
117 849
126 027
-
-
income
23 570
25 206
-
-
total
23 570
25 206
-
-
Dividends
94 279
100 821
-
-
withholding
14 142
15 123
-
-
income
20 033
21 425
-
-
total
34 175
36 548
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 640
111 034
79 853
102 965
After tax
112 860
110 466
141 647
118 535
Living cost
52 757
52 757
52 757
52 757
Free-cash
60 103
57 709
88 890
65 778

Estimated living cost  is ₽52757 per week

₽38917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120531
₽128938
₽97812
₽107562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
33 909
income
-
-
-
23 653
health
-
-
-
29 902
solidarity contribution
-
-
-
2 909
total
-
-
-
90 373
Employee
34 654
-
176 577
-
solidarity contribution
-
-
2 035
-
health
4 678
-
23 838
-
social contributions
2 253
-
7 548
-
income
4 158
-
21 779
-
total
11 089
-
55 200
-
Employer
34 654
-
176 577
-
social contributions
8 664
-
29 031
-
health
3 119
-
15 892
-
total
11 783
-
44 923
-
Corporate
175 064
221 500
-
-
income
33 262
42 085
-
-
total
33 262
42 085
-
-
Dividends
141 802
179 415
-
-
withholding
21 270
26 912
-
-
total
21 270
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 404
68 997
100 123
90 373
After tax
144 096
152 503
121 377
131 127
Living cost
23 565
23 565
23 565
23 565
Free-cash
120 531
128 938
97 812
107 562

Estimated living cost  is ₽23565 per week

₽16368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
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.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73065
₽78033
₽59005
₽67072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 837
social contributions
-
-
-
47 617
municipal
-
-
-
1 390
national
-
-
-
62 438
total
-
-
-
114 282
Employee
84 555
-
221 500
-
national
14 651
-
56 070
-
regional
798
-
2 579
-
municipal
448
-
1 273
-
social contributions
28 512
-
62 427
-
total
44 409
-
122 349
-
Employer
84 555
-
221 500
-
total
-
-
-
-
Corporate
136 945
221 500
-
-
nationa
32 867
53 160
-
-
municipal
5 341
8 639
-
-
total
38 208
61 799
-
-
Dividends
98 738
159 701
-
-
withholding
25 672
41 522
-
-
total
25 672
41 522
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 289
103 321
122 349
114 282
After tax
113 211
118 179
99 151
107 218
Living cost
40 146
40 146
40 146
40 146
Free-cash
73 065
78 033
59 005
67 072

Estimated living cost  is ₽40146 per week

₽27985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115369
₽118328
₽77295
₽83111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
70 732
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 035
total
-
-
-
117 395
Employee
31 462
-
194 772
-
surtax
103
-
10 898
-
unemployment
2 190
-
8 838
-
other
-
-
-
-
health
803
-
3 237
-
pensions
2 098
-
8 469
-
income
5 274
-
65 042
-
total
10 468
-
96 484
-
Employer
31 462
-
194 772
-
other
-
-
-
-
pensions
4 194
-
16 926
-
unemployment
997
-
4 024
-
health
1 432
-
5 777
-
total
6 623
-
26 727
-
Corporate
183 415
221 500
-
-
income
47 688
57 591
-
-
total
47 688
57 591
-
-
Dividends
135 728
163 909
-
-
withholding
20 358
24 587
-
-
total
20 358
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 137
82 178
123 211
117 395
After tax
136 363
139 322
98 289
104 105
Living cost
20 994
20 994
20 994
20 994
Free-cash
115 369
118 328
77 295
83 111

Estimated living cost  is ₽20994 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102353
₽96186
₽80210
₽99942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
69 366
pensions
-
-
-
9 540
total
-
-
-
78 906
Employee
59 198
-
192 966
-
health
859
-
2 576
-
pensions
5 025
-
11 318
-
income
10 662
-
56 210
-
total
16 546
-
70 104
-
Employer
59 198
-
192 966
-
pensions
6 408
-
24 868
-
health
1 125
-
3 666
-
total
7 533
-
28 534
-
Corporate
154 769
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.

29 405
42 084
-
-
total
29 405
42 084
-
-
Dividends
125 364
179 416
-
-
withholding
23 011
40 578
-
-
total
23 011
40 578
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 495
82 662
98 638
78 906
After tax
145 005
138 838
122 862
142 594
Living cost
42 652
42 652
42 652
42 652
Free-cash
102 353
96 186
80 210
99 942

Estimated living cost  is ₽42652 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58132
₽25862
₽92213
₽100283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other

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

-
-
-
4 430
city
-
-
-
2 334
regional
-
-
-
12 419
pensions
-
-
-
20 379
national
-
-
-
5 732
health
-
-
-
498
total
-
-
-
45 792
Employee
88 267
-
199 368
-
national
418
-
4 744
-
unemployment
-
-
-
-
city
947
-
2 156
-
regional
2 890
-
11 071
-
health
200
-
449
-
pensions
7 416
-
15 503
-
total
11 871
-
33 923
-
Employer
88 267
-
199 368
-
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.

1 765
-
3 987
-
pensions
7 416
-
15 503
-
unemployment
-
-
-
-
health
200
-
449
-
total
9 381
-
19 939
-
Corporate
122 883
221 500
-
-
regional
25 989
46 847
-
-
national
10 445
18 828
-
-
total
36 434
65 675
-
-
Dividends
86 448
155 825
-
-
withholding
30 257
54 538
-
-
total
30 257
54 538
-
-
Income
221 500
221 500
221 500
221 500
Total tax
87 943
120 213
53 862
45 792
After tax
133 557
101 287
167 638
175 708
Living cost
75 425
75 425
75 425
75 425
Free-cash
58 132
25 862
92 213
100 283

Estimated living cost  is ₽75425 per week

₽49048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽81193
₽65764
₽92875
₽62475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 400
income

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

-
-
-
74 446
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.

-
-
-
6 500
surtax

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

-
-
-
4 095
total
-
-
-
115 441
Employee

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

57 177
-
221 500
-
surtax

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

370
-
4 095
-
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.

6 500
-
6 500
-
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.

6 724
-
74 446
-
total
13 594
-
85 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 323
221 500
-
-
trade
28 181
37 987
-
-
income
24 648
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.

1 356
1 827
-
-
chamber of commerce
376
457
-
-
total
54 561
73 497
-
-
Dividends
109 762
148 003
-
-
withholding
27 078
36 640
-
-
surtax

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

1 490
2 015
-
-
total
28 568
38 655
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 723
112 152
85 041
115 441
After tax
124 777
109 348
136 459
106 059
Living cost
43 584
43 584
43 584
43 584
Free-cash
81 193
65 764
92 875
62 475

Estimated living cost  is ₽43584 per week

₽31832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
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.
₽7700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84705
₽79084
₽81046
₽88009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
6 866
social contributions
-
-
-
6 312
income
-
-
-
42 355
pensions
-
-
-
34 358
health
-
-
-
11 049
surtax
-
-
-
-
total
-
-
-
100 940
Employee
40 718
-
168 625
-
surtax
-
-
-
-
pensions
4 604
-
12 887
-
social contributions
1 161
-
4 804
-
income
2 403
-
37 336
-
total
8 168
-
55 027
-
Employer
40 718
-
168 625
-
other
1 405
-
7 073
-
pensions
6 689
-
21 489
-
unemployment
1 648
-
6 830
-
social contributions
123
-
506
-
health
2 851
-
16 978
-
total
12 716
-
52 876
-
Corporate
168 066
221 500
-
-
income
47 058
62 019
-
-
surtax
-
-
-
-
total
47 058
62 019
-
-
Dividends
121 008
159 481
-
-
withholding
15 489
20 414
-
-
social contributions
20 813
27 432
-
-
surtax
-
-
-
-
total
36 302
47 846
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 244
109 865
107 903
100 940
After tax
117 256
111 635
113 597
120 560
Living cost
32 551
32 551
32 551
32 551
Free-cash
84 705
79 084
81 046
88 009

Estimated living cost  is ₽32551 per week

₽20524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽8827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87596
₽82309
₽84271
₽91234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
6 866
social contributions
-
-
-
6 312
income
-
-
-
42 355
pensions
-
-
-
34 358
health
-
-
-
11 049
surtax
-
-
-
-
total
-
-
-
100 940
Employee
36 347
-
168 625
-
surtax
-
-
-
-
pensions
4 111
-
12 887
-
social contributions
1 036
-
4 804
-
income
1 874
-
37 336
-
total
7 021
-
55 027
-
Employer
36 347
-
168 625
-
other
1 255
-
7 073
-
pensions
5 972
-
21 489
-
unemployment
1 471
-
6 830
-
social contributions
108
-
506
-
health
2 544
-
16 978
-
total
11 350
-
52 876
-
Corporate
173 802
221 500
-
-
income
48 664
62 019
-
-
surtax
-
-
-
-
total
48 664
62 019
-
-
Dividends
125 138
159 481
-
-
withholding
16 018
20 414
-
-
social contributions
21 525
27 432
-
-
surtax
-
-
-
-
total
37 543
47 846
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 578
109 865
107 903
100 940
After tax
116 922
111 635
113 597
120 560
Living cost
29 326
29 326
29 326
29 326
Free-cash
87 596
82 309
84 271
91 234

Estimated living cost  is ₽29326 per week

₽17007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115458
₽114962
₽115923
₽122074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
30 566
income
-
-
-
33 226
health
-
-
-
15 460
total
-
-
-
79 252
Employee
32 258
-
221 500
-
health
2 251
-
15 460
-
social contributions
4 452
-
30 566
-
income
5 380
-
39 377
-
total
12 083
-
85 403
-
Employer
32 258
-
221 500
-
total
-
-
-
-
Corporate
189 242
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%.

9 462
11 075
-
-
total
9 462
11 075
-
-
Dividends
179 780
210 425
-
-
health
12 548
14 687
-
-
withholding
26 966
31 563
-
-
social contributions
24 809
29 039
-
-
total
64 323
75 289
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 868
86 364
85 403
79 252
After tax
135 632
135 136
136 097
142 248
Living cost
20 174
20 174
20 174
20 174
Free-cash
115 458
114 962
115 923
122 074

Estimated living cost  is ₽20174 per week

₽13501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87046
₽88516
₽24438
₽79826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
886
unemployment
-
-
-
5 835
income
-
-
-
72 177
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
188
total
-
-
-
108 150
Employee
47 547
37 915
184 006
-
unemployment
1 426
1 137
3 335
-
other
475
379
1 112
-
health
1 840
1 468
4 301
-
pensions
4 869
3 882
11 382
-
income
5 413
2 797
60 815
-
total
14 023
9 663
80 945
-
Employer
47 547
37 915
184 006
-
payroll
1 426
1 137
5 519
-
other
2 259
1 800
8 121
-
accident
617
493
1 444
-
pensions
5 967
4 759
13 949
-
unemployment
1 426
1 137
3 335
-
chamber of commerce
190
152
737
-
surtax
188
188
188
-
health
1 796
1 434
4 201
-
total
13 869
11 100
37 494
-
Corporate
160 084
172 485
180 395
-
income

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

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

40 022
43 122
45 099
-
total
40 022
43 122
45 099
-
Dividends
120 062
129 364
-
-
withholding
33 016
35 575
-
-
total
33 016
35 575
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 930
99 460
163 538
108 150
After tax
120 570
122 040
57 962
113 350
Living cost
33 524
33 524
33 524
33 524
Free-cash
87 046
88 516
24 438
79 826

Estimated living cost  is ₽33524 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74808
₽86445
₽40285
₽61688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
23 720
national
-
-
-
89 536
communal

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

-
-
-
11 867
total
-
-
-
125 123
Employee

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

68 054
-
171 559
-
national
20 923
-
65 213
-
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.

592
-
1 493
-
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.

3 197
-
8 063
-
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.

5 104
-
12 868
-
communal

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

3 550
-
8 948
-
total
33 366
-
96 585
-
Employer

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

68 054
-
171 559
-
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.

885
-
2 230
-
pensions

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

6 030
-
15 200
-
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.

993
-
2 504
-
surtax
7 717
-
19 456
-
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.

4 185
-
10 551
-
total
19 810
-
49 941
-
Corporate
133 636
221 500
-
-
income
26 728
47 986
-
-
surtax
534
961
-
-
total
27 262
48 947
-
-
Dividends
106 374
172 554
-
-
withholding

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

31 565
51 419
-
-
total
31 565
51 419
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 003
100 366
146 526
125 123
After tax
109 497
121 134
74 974
96 377
Living cost
34 689
34 689
34 689
34 689
Free-cash
74 808
86 445
40 285
61 688

Estimated living cost  is ₽34689 per week

₽22344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106117
₽112635
₽85350
₽89343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
71 344
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
97 798
Employee
47 358
-
193 387
-
unemployment
735
-
1 367
-
other
47
-
88
-
pensions
2 226
-
4 145
-
income
9 992
-
68 078
-
total
13 000
-
73 678
-
Employer
47 358
-
193 387
-
other
377
-
706
-
accident
937
-
1 746
-
pensions
11 176
-
20 812
-
unemployment
2 605
-
4 849
-
total
15 095
-
28 113
-
Corporate
159 046
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.

23 857
33 226
-
-
total
23 857
33 226
-
-
Dividends
135 189
188 274
-
-
withholding
29 072
41 280
-
-
total
29 072
41 280
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 024
74 506
101 791
97 798
After tax
140 476
146 994
119 709
123 702
Living cost
34 359
34 359
34 359
34 359
Free-cash
106 117
112 635
85 350
89 343

Estimated living cost  is ₽34359 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59995
₽73080
₽60605
₽51770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 415
pensions
-
-
-
33 201
accident
-
-
-
1 867
communal
-
-
-
14 000
health
-
-
-
15 563
surtax
-
-
-
10 981
total
-
-
-
118 027
Employee
72 049
-
197 858
-
surtax
4 416
-
12 125
-
health
3 206
-
8 803
-
pensions
5 763
-
15 828
-
income
6 959
-
48 794
-
total
20 344
-
85 550
-
Employer
72 049
-
197 858
-
accident
648
-
1 780
-
pensions
5 763
-
15 828
-
health
2 197
-
6 034
-
total
8 608
-
23 642
-
Corporate
140 843
221 500
-
-
income
21 126
33 226
-
-
communal
9 508
14 951
-
-
surtax
1 479
2 325
-
-
total
32 113
50 502
-
-
Dividends
108 731
170 998
-
-
withholding
16 311
25 650
-
-
income
32 426
20 565
-
-
total
48 737
46 215
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 802
96 717
109 192
118 027
After tax
111 698
124 783
112 308
103 473
Living cost
51 703
51 703
51 703
51 703
Free-cash
59 995
73 080
60 605
51 770

Estimated living cost  is ₽51703 per week

₽38785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽114928
₽117952
₽76919
₽82735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
70 732
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 035
total
-
-
-
117 395
Employee
32 040
-
194 772
-
surtax
114
-
10 898
-
unemployment
2 230
-
8 838
-
other
-
-
-
-
health
818
-
3 237
-
pensions
2 138
-
8 469
-
income
5 371
-
65 042
-
total
10 671
-
96 484
-
Employer
32 040
-
194 772
-
other
-
-
-
-
pensions
4 272
-
16 926
-
unemployment
1 016
-
4 024
-
health
1 457
-
5 777
-
total
6 745
-
26 727
-
Corporate
182 715
221 500
-
-
income
47 505
57 591
-
-
total
47 505
57 591
-
-
Dividends
135 210
163 909
-
-
withholding
20 281
24 587
-
-
total
20 281
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 202
82 178
123 211
117 395
After tax
136 298
139 322
98 289
104 105
Living cost
21 370
21 370
21 370
21 370
Free-cash
114 928
117 952
76 919
82 735

Estimated living cost  is ₽21370 per week

₽12902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88684
₽90797
₽72872
₽80895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 531
social contributions
-
-
-
47 617
municipal
-
-
-
1 390
national
-
-
-
62 438
total
-
-
-
114 976
Employee
52 776
-
221 500
-
national
8 361
-
56 070
-
regional
710
-
3 229
-
municipal
280
-
1 273
-
social contributions
17 796
-
62 427
-
total
27 147
-
122 999
-
Employer
52 776
-
221 500
-
total
-
-
-
-
Corporate
168 724
221 500
-
-
nationa
40 495
53 160
-
-
municipal
8 386
11 008
-
-
total
48 881
64 168
-
-
Dividends
119 843
157 332
-
-
withholding
31 159
40 906
-
-
total
31 159
40 906
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 187
105 074
122 999
114 976
After tax
114 313
116 426
98 501
106 524
Living cost
25 629
25 629
25 629
25 629
Free-cash
88 684
90 797
72 872
80 895

Estimated living cost  is ₽25629 per week

₽15939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113105
₽123465
₽92339
₽102089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
33 909
income
-
-
-
23 653
health
-
-
-
29 902
solidarity contribution
-
-
-
2 909
total
-
-
-
90 373
Employee
42 703
-
176 577
-
solidarity contribution
-
-
2 035
-
health
5 765
-
23 838
-
social contributions
2 776
-
7 548
-
income
5 124
-
21 779
-
total
13 665
-
55 200
-
Employer
42 703
-
176 577
-
social contributions
10 676
-
29 031
-
health
3 843
-
15 892
-
total
14 519
-
44 923
-
Corporate
164 278
221 500
-
-
income
31 213
42 085
-
-
total
31 213
42 085
-
-
Dividends
133 065
179 415
-
-
withholding
19 960
26 912
-
-
total
19 960
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 357
68 997
100 123
90 373
After tax
142 143
152 503
121 377
131 127
Living cost
29 038
29 038
29 038
29 038
Free-cash
113 105
123 465
92 339
102 089

Estimated living cost  is ₽29038 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
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.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91317
₽91789
₽27654
₽83185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
886
unemployment
-
-
-
5 835
income
-
-
-
72 177
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
-
total
-
-
-
107 962
Employee
41 588
37 915
184 181
-
unemployment
1 248
1 137
3 335
-
other
415
379
1 112
-
health
1 609
1 468
4 301
-
pensions
4 259
3 882
11 382
-
income
3 705
2 797
60 902
-
total
11 236
9 663
81 032
-
Employer
41 588
37 915
184 181
-
payroll
1 248
1 137
5 525
-
other
1 975
1 800
8 128
-
accident
540
493
1 444
-
pensions
5 220
4 759
13 949
-
unemployment
1 248
1 137
3 335
-
chamber of commerce
166
152
737
-
surtax
-
-
-
-
health
1 573
1 434
4 201
-
total
11 970
10 912
37 319
-
Corporate
167 943
172 673
180 570
-
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.

41 986
43 169
45 142
-
total
41 986
43 169
45 142
-
Dividends
125 957
129 505
-
-
withholding
34 638
35 614
-
-
total
34 638
35 614
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 830
99 358
163 493
107 962
After tax
121 670
122 142
58 007
113 538
Living cost
30 353
30 353
30 353
30 353
Free-cash
91 317
91 789
27 654
83 185

Estimated living cost  is ₽30353 per week

₽18208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196038
₽198310
₽165085
₽207170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
microenterprise

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

-
-
-
2 215
total
-
-
-
2 215
Employee
15 144
-
221 500
-
income
3 029
-
44 300
-
total
3 029
-
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%.

206 356
221 500
-
-
total
-
-
-
-
Dividends
206 356
221 500
-
-
withholding
10 318
11 075
-
-
total
10 318
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 347
11 075
44 300
2 215
After tax
208 153
210 425
177 200
219 285
Living cost
12 115
12 115
12 115
12 115
Free-cash
196 038
198 310
165 085
207 170

Estimated living cost  is ₽12115 per week

₽8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119026
₽126984
₽71717
₽76527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
332
income
-
-
-
56 875
pensions
-
-
-
40 451
health
-
-
-
21 796
total
-
-
-
119 454
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.

42 071
-
191 658
-
unemployment
60
-
269
-
health
2 717
-
12 380
-
pensions
6 521
-
29 707
-
income
7 255
-
52 065
-
total
16 553
-
94 421
-
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.

42 071
-
191 658
-
pensions
3 723
-
16 962
-
unemployment
25
-
116
-
health
2 802
-
12 765
-
total
6 550
-
29 843
-
Corporate
172 879
221 500
-
-
income
32 847
42 085
-
-
total
32 847
42 085
-
-
Dividends
140 032
179 415
-
-
withholding
21 005
26 912
-
-
total
21 005
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 955
68 997
124 264
119 454
After tax
144 545
152 503
97 236
102 046
Living cost
25 519
25 519
25 519
25 519
Free-cash
119 026
126 984
71 717
76 527

Estimated living cost  is ₽25519 per week

₽17513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49866
₽94381
₽168808
₽112694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
25 251
income
-
-
-
43 175
total
-
-
-
68 426
Employee
57 899
-
-
-
social contributions
4 748
-
677
-
income
12 771
-
-
-
total
17 519
-
677
-
Employer
57 899
-
-
-
social contributions
81 638
-
11 635
-
total
81 638
-
11 635
-
Corporate
81 963
221 500
-
-
income
18 032
48 730
-
-
total
18 032
48 730
-
-
Dividends
63 931
172 770
-
-
income
14 065
38 009
-
-
total
14 065
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
131 254
86 739
12 312
68 426
After tax
90 246
134 761
209 188
153 074
Living cost
40 380
40 380
40 380
40 380
Free-cash
49 866
94 381
168 808
112 694

Estimated living cost  is ₽40380 per week

₽26200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95191
₽96147
₽67744
₽85323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
social contributions

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

-
-
-
76 970
income
-
-
-
29 365
surtax
-
-
-
-
total
-
-
-
106 335
Employee
43 757
-
178 990
-
surtax
-
-
372
-
social contributions
4 813
-
19 689
-
income
9 102
-
61 343
-
total
13 915
-
81 404
-
Employer
43 757
-
178 990
-
social contributions
10 392
-
42 510
-
total
10 392
-
42 510
-
Corporate
167 351
221 500
-
-
income
35 143
46 516
-
-
surtax
-
-
-
-
total
35 143
46 516
-
-
Dividends
132 207
174 984
-
-
withholding
37 017
48 995
-
-
total
37 017
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 467
95 511
123 914
106 335
After tax
125 033
125 989
97 586
115 165
Living cost
29 842
29 842
29 842
29 842
Free-cash
95 191
96 147
67 744
85 323

Estimated living cost  is ₽29842 per week

₽22328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
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.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72222
₽65684
₽67646
₽74609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
6 866
social contributions
-
-
-
6 312
income
-
-
-
42 355
pensions
-
-
-
34 358
health
-
-
-
11 049
surtax
-
-
-
-
total
-
-
-
100 940
Employee
59 588
-
168 625
-
surtax
-
-
-
-
pensions
6 740
-
12 887
-
social contributions
1 697
-
4 804
-
income
5 199
-
37 336
-
total
13 636
-
55 027
-
Employer
59 588
-
168 625
-
other
2 056
-
7 073
-
pensions
9 791
-
21 489
-
unemployment
2 414
-
6 830
-
social contributions
179
-
506
-
health
4 171
-
16 978
-
total
18 611
-
52 876
-
Corporate
143 301
221 500
-
-
income
40 125
62 019
-
-
surtax
-
-
-
-
total
40 125
62 019
-
-
Dividends
103 177
159 481
-
-
withholding
13 207
20 414
-
-
social contributions
17 748
27 432
-
-
surtax
-
-
-
-
total
30 955
47 846
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 327
109 865
107 903
100 940
After tax
118 173
111 635
113 597
120 560
Living cost
45 951
45 951
45 951
45 951
Free-cash
72 222
65 684
67 646
74 609

Estimated living cost  is ₽45951 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167554
₽170752
₽138556
₽132673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 499
social contributions
-
-
-
48 729
total
-
-
-
60 228
Employee
30 586
-
191 775
-
social contributions
1 988
-
12 467
-
income
-
-
12 153
-
total
1 988
-
24 620
-
Employer
30 586
-
191 775
-
social contributions
4 741
-
29 725
-
total
4 741
-
29 725
-
Corporate
186 172
221 500
-
-
income
18 618
22 149
-
-
total
18 618
22 149
-
-
Dividends
167 554
199 351
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 347
22 149
54 345
60 228
After tax
196 153
199 351
167 155
161 272
Living cost
28 599
28 599
28 599
28 599
Free-cash
167 554
170 752
138 556
132 673

Estimated living cost  is ₽28599 per week

₽18492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8264
₽14516
₽14516
₽81755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
823
municipal
-
-
-
47 748
labour market
-
-
-
17 654
national
-
-
-
27 768
total
-
-
-
93 993
Employee
193 107
193 107
193 107
-
national
23 592
23 592
23 592
-
municipal
41 121
41 121
41 121
-
labour market
15 427
15 427
15 427
-
pensions
274
274
274
-
total
80 414
80 414
80 414
-
Employer
193 107
193 107
193 107
-
municipal
41 187
41 187
41 187
-
pensions
549
549
549
-
national
23 633
23 633
23 633
-
labour market
15 449
15 449
15 449
-
total
80 818
80 818
80 818
-
Corporate
14 518
-
-
-
income
3 194
-
-
-
total
3 194
-
-
-
Dividends
11 324
-
-
-
withholding
3 058
-
-
-
total
3 058
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
167 484
161 232
161 232
93 993
After tax
54 016
60 268
60 268
127 507
Living cost
45 752
45 752
45 752
45 752
Free-cash
8 264
14 516
14 516
81 755

Estimated living cost  is ₽45752 per week

₽31313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14701
-₽3183
₽100943
₽130115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
361
income
-
-
-
63 474
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 261
Employee
33 230
-
202 423
-
health
3 805
-
23 177
-
pensions
3 742
-
7 435
-
income
4 559
-
49 745
-
total
12 106
-
80 357
-
Employer
33 230
-
202 423
-
accident
555
-
3 380
-
pensions
5 403
-
10 737
-
unemployment
814
-
4 959
-
total
6 772
-
19 076
-
Corporate
181 498
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.

163 348
199 350
-
-
total
163 348
199 350
-
-
Dividends
18 150
22 150
-
-
withholding
3 449
4 209
-
-
total
3 449
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 675
203 559
99 433
70 261
After tax
35 825
17 941
122 067
151 239
Living cost
21 124
21 124
21 124
21 124
Free-cash
14 701
-3 183
100 943
130 115

Estimated living cost  is ₽21124 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101855
₽98920
₽73135
₽98504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 328
national
-
-
-
44 128
health
-
-
-
3 013
total
-
-
-
86 469
Employee
50 055
-
186 337
-
national
827
-
28 503
-
unemployment
751
-
2 795
-
health
374
-
2 472
-
municipal
8 199
-
30 328
-
pensions
3 378
-
12 579
-
total
13 529
-
76 677
-
Employer
50 055
-
186 337
-
accident
51
-
186
-
pensions
8 684
-
32 329
-
unemployment
325
-
1 211
-
health
385
-
1 435
-
total
9 445
-
35 161
-
Corporate
162 001
221 500
-
-
income
32 401
44 301
-
-
total
32 401
44 301
-
-
Dividends

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

97 200
132 900
-
-
municipal
17 497
23 922
-
-
national
10 246
17 830
-
-
total
27 743
41 752
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 118
86 053
111 838
86 469
After tax
138 382
135 447
109 662
135 031
Living cost
36 527
36 527
36 527
36 527
Free-cash
101 855
98 920
73 135
98 504

Estimated living cost  is ₽36527 per week

₽23859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134204
₽139383
₽124864
₽126669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
15 393
income
-
-
-
51 763
health
-
-
-
5 647
total
-
-
-
72 803
Employee
73 158
73 158
209 436
-
health
567
1 244
3 560
-
social contributions
2 766
6 072
8 190
-
income
7 966
6 772
50 793
-
total
11 299
14 088
62 543
-
Employer
73 158
73 158
209 436
-
social contributions
2 766
6 072
8 190
-
health
616
1 354
3 875
-
total
3 382
7 426
12 065
-
Corporate
184 792
140 916
-
-
income
23 099
17 614
-
-
total
23 099
17 614
-
-
Dividends
161 693
123 302
-
-
withholding
27 488
20 961
-
-
total
27 488
20 961
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 268
60 089
74 608
72 803
After tax
156 232
161 411
146 892
148 697
Living cost
22 028
22 028
22 028
22 028
Free-cash
134 204
139 383
124 864
126 669

Estimated living cost  is ₽22028 per week

₽13202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163479
₽168318
₽154810
₽173891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
22 982
pensions
-
-
-
6 052
health
-
-
-
3 443
total
-
-
-
32 504
Employee

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

21 838
-
212 202
-
unemployment
108
-
451
-
health
1 856
-
7 673
-
pensions
3 275
-
13 541
-
income
1 493
-
20 622
-
total
6 732
-
42 287
-
Employer

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

21 838
-
212 202
-
pensions
1 201
-
4 965
-
unemployment
108
-
451
-
health
939
-
3 882
-
total
2 248
-
9 298
-
Corporate
197 414
221 500
-
-
income
17 768
19 936
-
-
total
17 768
19 936
-
-
Dividends
179 647
201 564
-
-
withholding
16 168
18 141
-
-
total
16 168
18 141
-
-
Income
221 500
221 500
221 500
221 500
Total tax
42 916
38 077
51 585
32 504
After tax
178 584
183 423
169 915
188 996
Living cost
15 105
15 105
15 105
15 105
Free-cash
163 479
168 318
154 810
173 891

Estimated living cost  is ₽15105 per week

₽9638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116630
₽120832
₽93547
₽97540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
71 344
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
97 798
Employee
35 179
-
193 387
-
unemployment
545
-
1 367
-
other
34
-
88
-
pensions
1 654
-
4 145
-
income
6 782
-
68 078
-
total
9 015
-
73 678
-
Employer
35 179
-
193 387
-
other
282
-
706
-
accident
697
-
1 746
-
pensions
8 302
-
20 812
-
unemployment
1 935
-
4 849
-
total
11 216
-
28 113
-
Corporate
175 106
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.

26 266
33 226
-
-
total
26 266
33 226
-
-
Dividends
148 840
188 274
-
-
withholding
32 211
41 280
-
-
total
32 211
41 280
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 708
74 506
101 791
97 798
After tax
142 792
146 994
119 709
123 702
Living cost
26 162
26 162
26 162
26 162
Free-cash
116 630
120 832
93 547
97 540

Estimated living cost  is ₽26162 per week

₽17659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136116
₽136411
₽140982
₽141111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 314
pensions
-
-
-
1 316
health
-
-
-
954
total
-
-
-
78 584
Employee
2 749
-
220 019
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
532
-
76 245
-
total
943
-
77 232
-
Employer
2 749
-
220 019
-
pensions
302
-
724
-
unemployment
55
-
132
-
health
261
-
625
-
total
618
-
1 481
-
Corporate
218 133
221 500
-
-
income
47 989
48 730
-
-
total
47 989
48 730
-
-
Dividends
170 144
172 770
-
-
withholding
34 029
34 554
-
-
total
34 029
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 579
83 284
78 713
78 584
After tax
137 921
138 216
142 787
142 916
Living cost
1 805
1 805
1 805
1 805
Free-cash
136 116
136 411
140 982
141 111

Estimated living cost  is ₽1805 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138941
₽143613
₽127145
₽127144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 053
income
-
-
-
51 409
pensions
-
-
-
18 245
health
-
-
-
7 228
total
-
-
-
77 935
Employee

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

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

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

24 762
-
208 939
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
pensions
3 467
-
9 824
-
income
3 413
-
51 409
-
total
8 341
-
65 373
-
Employer

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

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

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

24 762
-
208 939
-
pensions
2 971
-
8 421
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
total
4 432
-
12 561
-
Corporate
192 306
221 500
-
-
income
28 846
33 225
-
-
total
28 846
33 225
-
-
Dividends
163 460
188 275
-
-
withholding
24 519
28 241
-
-
total
24 519
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 138
61 466
77 934
77 935
After tax
155 362
160 034
143 566
143 565
Living cost
16 421
16 421
16 421
16 421
Free-cash
138 941
143 613
127 145
127 144

Estimated living cost  is ₽16421 per week

₽11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99997
₽100340
₽71937
₽89516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
social contributions

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

-
-
-
76 970
income
-
-
-
29 365
surtax
-
-
-
-
total
-
-
-
106 335
Employee
36 926
-
178 990
-
surtax
-
-
372
-
social contributions
4 062
-
19 689
-
income
7 215
-
61 343
-
total
11 277
-
81 404
-
Employer
36 926
-
178 990
-
social contributions
8 769
-
42 510
-
total
8 769
-
42 510
-
Corporate
175 805
221 500
-
-
income
36 920
46 516
-
-
surtax
-
-
-
-
total
36 920
46 516
-
-
Dividends
138 885
174 984
-
-
withholding
38 888
48 995
-
-
total
38 888
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 854
95 511
123 914
106 335
After tax
125 646
125 989
97 586
115 165
Living cost
25 649
25 649
25 649
25 649
Free-cash
99 997
100 340
71 937
89 516

Estimated living cost  is ₽25649 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107333
₽113558
₽86273
₽90266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
71 344
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
97 798
Employee
45 948
-
193 387
-
unemployment
711
-
1 367
-
other
45
-
88
-
pensions
2 159
-
4 145
-
income
9 597
-
68 078
-
total
12 512
-
73 678
-
Employer
45 948
-
193 387
-
other
368
-
706
-
accident
910
-
1 746
-
pensions
10 844
-
20 812
-
unemployment
2 528
-
4 849
-
total
14 650
-
28 113
-
Corporate
160 902
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.

24 135
33 226
-
-
total
24 135
33 226
-
-
Dividends
136 767
188 274
-
-
withholding
29 434
41 280
-
-
total
29 434
41 280
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 731
74 506
101 791
97 798
After tax
140 769
146 994
119 709
123 702
Living cost
33 436
33 436
33 436
33 436
Free-cash
107 333
113 558
86 273
90 266

Estimated living cost  is ₽33436 per week

₽24013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167205
₽173007
₽172286
₽163021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
33 225
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
42 103
Employee
21 684
-
214 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
health
998
-
1 530
-
pensions

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

1 904
-
2 920
-
income
2 169
-
21 498
-
total
5 309
-
26 314
-
Employer
21 684
-
214 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

2 389
-
3 664
-
unemployment
130
-
200
-
health
1 496
-
2 294
-
total
4 253
-
6 524
-
Corporate
195 562
221 500
-
-
income
19 556
22 150
-
-
total
19 556
22 150
-
-
Dividends
176 006
199 350
-
-
withholding
8 801
9 967
-
-
total
8 801
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
37 919
32 117
32 838
42 103
After tax
183 581
189 383
188 662
179 397
Living cost
16 376
16 376
16 376
16 376
Free-cash
167 205
173 007
172 286
163 021

Estimated living cost  is ₽16376 per week

₽10831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89620
₽77175
₽99728
₽74291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 437
income

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

-
-
-
74 446
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.

-
-
-
6 500
surtax

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

-
-
-
4 095
total
-
-
-
110 478
Employee

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

47 338
-
221 500
-
surtax

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

215
-
4 095
-
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.

6 500
-
6 500
-
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.

3 893
-
74 446
-
total
10 608
-
85 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 162
221 500
-
-
trade
24 993
31 785
-
-
income
26 125
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.

1 437
1 827
-
-
chamber of commerce
399
469
-
-
total
52 954
67 307
-
-
Dividends
121 208
154 192
-
-
withholding
29 940
38 187
-
-
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.

1 647
2 100
-
-
total
31 587
40 287
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 149
107 594
85 041
110 478
After tax
126 351
113 906
136 459
111 022
Living cost
36 731
36 731
36 731
36 731
Free-cash
89 620
77 175
99 728
74 291

Estimated living cost  is ₽36731 per week

₽25338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
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.
₽6908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102954
₽100854
₽56227
₽56227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
38 203
income
-
-
-
72 874
total
-
-
-
111 077
Employee
74 421
-
221 500
-
social contributions
6 183
-
38 203
-
income
14 043
-
72 874
-
total
20 226
-
111 077
-
Employer
74 421
-
221 500
-
total
-
-
-
-
Corporate
147 079
221 500
-
-
income
18 385
27 687
-
-
total
18 385
27 687
-
-
Dividends
128 694
193 813
-
-
withholding
25 739
38 763
-
-
total
25 739
38 763
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 350
66 450
111 077
111 077
After tax
157 150
155 050
110 423
110 423
Living cost
54 196
54 196
54 196
54 196
Free-cash
102 954
100 854
56 227
56 227

Estimated living cost  is ₽54196 per week

₽41231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4416
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.
₽8031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107737
₽104413
₽119666
₽147944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 794
income
-
-
-
33 226
total
-
-
-
39 020
Employee
43 645
-
217 124
-
social contributions
4 373
-
4 376
-
income
4 736
-
58 546
-
total
9 109
-
62 922
-
Employer
43 645
-
217 124
-
social contributions
4 373
-
4 376
-
total
4 373
-
4 376
-
Corporate
173 483
221 500
-
-
income
60 719
77 525
-
-
total
60 719
77 525
-
-
Dividends
112 763
143 975
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 227
82 551
67 298
39 020
After tax
142 273
138 949
154 202
182 480
Living cost
34 536
34 536
34 536
34 536
Free-cash
107 737
104 413
119 666
147 944

Estimated living cost  is ₽34536 per week

₽22749
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.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109687
₽104163
₽88187
₽107919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
69 366
pensions
-
-
-
9 540
total
-
-
-
78 906
Employee
47 596
-
192 966
-
health
621
-
2 576
-
pensions
3 633
-
11 318
-
income
8 668
-
56 210
-
total
12 922
-
70 104
-
Employer
47 596
-
192 966
-
pensions
4 809
-
24 868
-
health
905
-
3 666
-
total
5 714
-
28 534
-
Corporate
168 191
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.

31 957
42 084
-
-
total
31 957
42 084
-
-
Dividends
136 234
179 416
-
-
withholding
26 545
40 578
-
-
total
26 545
40 578
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 138
82 662
98 638
78 906
After tax
144 362
138 838
122 862
142 594
Living cost
34 675
34 675
34 675
34 675
Free-cash
109 687
104 163
88 187
107 919

Estimated living cost  is ₽34675 per week

₽23787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14381
-₽5274
₽98852
₽128024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
other
-
-
-
361
income
-
-
-
63 474
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 261
Employee
36 519
-
202 423
-
health
4 181
-
23 177
-
pensions
4 112
-
7 435
-
income
5 010
-
49 745
-
total
13 303
-
80 357
-
Employer
36 519
-
202 423
-
accident
610
-
3 380
-
pensions
5 938
-
10 737
-
unemployment
895
-
4 959
-
total
7 443
-
19 076
-
Corporate
177 539
221 500
-
-
income

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

159 785
199 350
-
-
total
159 785
199 350
-
-
Dividends
17 754
22 150
-
-
withholding
3 373
4 209
-
-
total
3 373
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
183 904
203 559
99 433
70 261
After tax
37 596
17 941
122 067
151 239
Living cost
23 215
23 215
23 215
23 215
Free-cash
14 381
-5 274
98 852
128 024

Estimated living cost  is ₽23215 per week

₽17037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153719
₽156597
₽150396
₽129475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 826
income
-
-
-
37 335
pensions
-
-
-
27 994
health insurance
-
-
-
11 259
work injury
-
-
-
761
total
-
-
-
79 175
Employee

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

20 561
-
221 500
-
health insurance
1 521
-
5 629
-
unemployment
247
-
913
-
work injury
103
-
380
-
pensions
3 783
-
13 997
-
income
2 056
-
37 335
-
total
7 710
-
58 254
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 939
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%.

20 094
22 150
-
-
total
20 094
22 150
-
-
Dividends
180 845
199 350
-
-
withholding
27 127
29 903
-
-
total
27 127
29 903
-
-
Income
221 500
221 500
221 500
221 500
Total tax
54 931
52 053
58 254
79 175
After tax
166 569
169 447
163 246
142 325
Living cost
12 850
12 850
12 850
12 850
Free-cash
153 719
156 597
150 396
129 475

Estimated living cost  is ₽12850 per week

₽7961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74442
₽78770
₽58690
₽66505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 473
social contributions
-
-
-
47 617
municipal
-
-
-
1 565
national
-
-
-
62 438
total
-
-
-
117 093
Employee
80 171
-
221 500
-
national
13 548
-
56 070
-
regional
1 210
-
4 979
-
municipal
478
-
1 432
-
social contributions
27 033
-
62 427
-
total
42 269
-
124 908
-
Employer
80 171
-
221 500
-
total
-
-
-
-
Corporate
141 329
221 500
-
-
nationa
33 919
53 160
-
-
municipal
6 812
10 676
-
-
total
40 731
63 836
-
-
Dividends
100 598
157 664
-
-
withholding
26 156
40 993
-
-
total
26 156
40 993
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 156
104 829
124 908
117 093
After tax
112 344
116 671
96 592
104 407
Living cost
37 902
37 902
37 902
37 902
Free-cash
74 442
78 770
58 690
66 505

Estimated living cost  is ₽37902 per week

₽26623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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