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
₽82616
₽107535
₽79664
₽93211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income

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

-
-
-
74 320
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.

-
-
-
4 088
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.

-
-
-
6 544
trade
-
-
-
27 871
total
-
-
-
112 823
Employee

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

36 637
-
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
-
4 088
-
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.

1 023
-
74 320
-
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.

6 544
-
6 544
-
total
7 623
-
84 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 863
221 500
-
-
income
27 730
33 225
-
-
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.

1 525
1 827
-
-
chamber of commerce
411
464
-
-
trade
29 117
34 886
-
-
total
58 783
70 402
-
-
Dividends
126 081
151 099
-
-
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.

1 714
2 058
-
-
withholding
31 156
37 411
-
-
total
32 870
39 469
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 276
109 871
84 952
112 823
After tax
122 224
111 629
136 548
108 677
Living cost
29 013
29 013
29 013
29 013
Free-cash
93 211
82 616
107 535
79 664

Estimated living cost  is ₽29013 per week

₽18250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
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.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87028
₽76591
₽75402
₽86177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
social contributions
-
-
-
2 381
municipal
-
-
-
24 574
national
-
-
-
41 375
pensions
-
-
-
26 580
total
-
-
-
94 910
Employee
79 351
-
191 485
-
municipal
9 801
-
25 432
-
pensions
3 174
-
7 659
-
national
15 188
-
43 253
-
total
28 163
-
76 344
-
Employer
79 351
-
191 485
-
pensions
6 348
-
15 319
-
social contributions
853
-
2 058
-
total
7 201
-
17 377
-
Corporate
129 711
221 500
-
-
income

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

25 942
44 300
-
-
total
25 942
44 300
-
-
Dividends
103 769
177 200
-
-
withholding
22 829
38 984
-
-
total
22 829
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 135
83 284
93 721
94 910
After tax
137 365
138 216
127 779
126 590
Living cost
51 188
51 188
51 188
51 188
Free-cash
86 177
87 028
76 591
75 402

Estimated living cost  is ₽51188 per week

₽34792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157272
₽76690
₽61042
₽149416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
221 500
income
-
-
-
47 347
surtax
-
-
-
56 483
social contributions

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

-
-
-
36 700
microenterprise
-
-
-
-
total
-
-
-
140 530
Employee
27 990
-
174 775
-
surtax
-
-
25 343
-
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.

3 079
-
12 557
-
income
4 982
-
40 257
-
total
8 061
-
78 157
-
Employer
27 990
-
174 775
-
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.

6 742
-
27 501
-
surtax
-
-
19 224
-
total
6 742
-
46 725
-
Corporate
186 768
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%.

37 353
44 300
-
-
total
37 353
44 300
-
-
Dividends

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

149 416
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 156
44 300
124 882
140 530
After tax
169 344
177 200
96 618
80 970
Living cost
19 928
19 928
19 928
19 928
Free-cash
149 416
157 272
76 690
61 042

Estimated living cost  is ₽19928 per week

₽12713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70322
₽101522
₽78487
₽64454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
79 851
health
-
-
-
11 812
pensions
-
-
-
11 223
total
-
-
-
102 886
Employee
81 798
81 798
203 699
-
pensions
14 724
11 223
11 223
-
income

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

13 389
13 389
39 015
-
health
12 555
10 679
11 812
-
total
40 668
35 291
62 050
-
Employer
81 798
81 798
203 699
-
health
5 686
5 686
7 066
-
pensions
5 693
5 693
7 076
-
unemployment
2 945
2 945
3 659
-
total
14 324
14 324
17 801
-
Corporate
126 381
125 378
-
-
income
25 276
25 076
-
-
total
25 276
25 076
-
-
Dividends
101 105
100 302
-
-
income
21 486
21 315
-
-
withholding
15 165
15 045
-
-
total
36 651
36 360
-
-
Income
221 500
221 500
221 500
221 500
Total tax
116 919
111 051
79 851
102 886
After tax
104 581
110 449
141 649
118 614
Living cost
40 127
40 127
40 127
40 127
Free-cash
64 454
70 322
101 522
78 487

Estimated living cost  is ₽40127 per week

₽28437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81756
₽70612
₽71561
₽80877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
172
other
-
-
-
9 979
unemployment
-
-
-
86
health
-
-
-
5 359
municipal
-
-
-
58 633
national
-
-
-
27 244
pensions
-
-
-
9 283
total
-
-
-
110 756
Employee
55 833
-
194 518
-
municipal
16 649
-
58 005
-
national
-
-
26 718
-
total
16 649
-
84 723
-
Employer
55 833
-
194 518
-
health
3 434
-
5 281
-
pensions
6 035
-
9 283
-
accident
112
-
172
-
unemployment
1 474
-
2 267
-
other
6 488
-
9 979
-
total
17 543
-
26 982
-
Corporate
148 125
221 500
-
-
income
32 587
48 730
-
-
total
32 587
48 730
-
-
Dividends
115 537
172 770
-
-
withholding
34 661
51 831
-
-
total
34 661
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 440
100 561
111 705
110 756
After tax
120 060
120 939
109 795
110 744
Living cost
39 183
39 183
39 183
39 183
Free-cash
80 877
81 756
70 612
71 561

Estimated living cost  is ₽39183 per week

₽25969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72862
₽98919
₽69808
₽86319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income

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

-
-
-
74 320
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.

-
-
-
4 088
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.

-
-
-
6 544
trade
-
-
-
29 111
total
-
-
-
114 063
Employee

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

48 576
-
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.

229
-
4 088
-
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.

4 174
-
74 320
-
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.

6 544
-
6 544
-
total
10 947
-
84 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 924
221 500
-
-
income
25 939
33 225
-
-
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.

1 427
1 827
-
-
chamber of commerce
391
460
-
-
trade
28 446
36 437
-
-
total
56 203
71 949
-
-
Dividends
116 722
149 552
-
-
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.

1 585
2 036
-
-
withholding
28 817
37 024
-
-
total
30 402
39 060
-
-
Income
221 500
221 500
221 500
221 500
Total tax
97 552
111 009
84 952
114 063
After tax
123 948
110 491
136 548
107 437
Living cost
37 629
37 629
37 629
37 629
Free-cash
86 319
72 862
98 919
69 808

Estimated living cost  is ₽37629 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130345
₽115878
₽117685
₽126374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
51 600
social contributions
-
-
-
15 498
health
-
-
-
5 648
total
-
-
-
72 746
Employee
73 656
73 656
209 381
-
social contributions
3 579
6 113
8 245
-
income
7 734
6 818
50 630
-
health
733
1 252
3 559
-
total
12 046
14 183
62 434
-
Employer
73 656
73 656
209 381
-
health
798
1 363
3 874
-
social contributions
3 579
6 113
8 245
-
total
4 377
7 476
12 119
-
Corporate
174 008
140 368
-
-
income
21 751
17 547
-
-
total
21 751
17 547
-
-
Dividends
152 257
122 821
-
-
withholding
25 883
20 880
-
-
total
25 883
20 880
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 057
60 086
74 553
72 746
After tax
157 443
161 414
146 947
148 754
Living cost
31 069
31 069
31 069
31 069
Free-cash
126 374
130 345
115 878
117 685

Estimated living cost  is ₽31069 per week

₽21239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106727
₽110813
₽135852
₽107094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 394
10 106
185 356
-
unemployment
381
152
2 780
-
pensions
2 539
1 011
18 536
-
income
3 104
1 236
22 660
-
health
1 778
707
12 975
-
total
7 802
3 106
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.

25 394
10 106
185 356
-
pensions
4 952
1 971
36 144
-
total
4 952
1 971
36 144
-
Corporate
191 154
209 423
-
-
income
17 204
18 848
-
-
total
17 204
18 848
-
-
Dividends
173 951
190 575
-
-
social contributions
33 805
37 047
-
-
withholding
33 051
36 209
-
-
total
66 856
73 256
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 814
97 181
93 095
68 056
After tax
124 686
124 319
128 405
153 444
Living cost
17 592
17 592
17 592
17 592
Free-cash
107 094
106 727
110 813
135 852

Estimated living cost  is ₽17592 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154064
₽104535
₽95589
₽148115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 680
health
-
-
-
28 795
pensions
-
-
-
44 300
total
-
-
-
102 775
Employee
27 173
-
165 544
-
unemployment
434
-
2 648
-
pensions
544
-
3 310
-
income
3 059
-
31 918
-
total
4 037
-
37 876
-
Employer
27 173
-
165 544
-
health
3 532
-
21 520
-
pensions
5 435
-
33 108
-
unemployment
218
-
1 325
-
total
9 185
-
55 953
-
Corporate
185 142
221 500
-
-
income
37 027
44 300
-
-
total
37 027
44 300
-
-
Dividends
148 114
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 249
44 300
93 829
102 775
After tax
171 251
177 200
127 671
118 725
Living cost
23 136
23 136
23 136
23 136
Free-cash
148 115
154 064
104 535
95 589

Estimated living cost  is ₽23136 per week

₽15869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3433
₽100709
₽129862
₽14664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
245
income
-
-
-
63 496
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
70 263
Employee
33 625
-
202 454
-
pensions
3 786
-
7 413
-
income
4 613
-
49 777
-
health
3 850
-
23 181
-
total
12 249
-
80 371
-
Employer
33 625
-
202 454
-
pensions
5 468
-
10 704
-
accident
561
-
3 381
-
unemployment
824
-
4 960
-
total
6 853
-
19 045
-
Corporate
181 023
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.

162 920
199 350
-
-
total
162 920
199 350
-
-
Dividends
18 102
22 150
-
-
withholding
3 439
4 208
-
-
total
3 439
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 461
203 558
99 416
70 263
After tax
36 039
17 942
122 084
151 237
Living cost
21 375
21 375
21 375
21 375
Free-cash
14 664
-3 433
100 709
129 862

Estimated living cost  is ₽21375 per week

₽15666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
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.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202580
₽169355
₽211440
₽201109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
221 500
-
income
1 961
-
44 300
-
total
1 961
-
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%.

211 695
221 500
-
-
total
-
-
-
-
Dividends
211 695
221 500
-
-
withholding
10 585
11 075
-
-
total
10 585
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 546
11 075
44 300
2 215
After tax
208 954
210 425
177 200
219 285
Living cost
7 845
7 845
7 845
7 845
Free-cash
201 109
202 580
169 355
211 440

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137213
₽106623
₽108440
₽130744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 251
other
-
-
-
6 918
health
-
-
-
6 409
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.

-
-
-
34 959
total
-
-
-
87 537
Employee
34 779
-
184 483
-
unemployment
347
-
1 456
-
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.

2 434
-
10 196
-
income
5 988
-
38 645
-
health
487
-
2 040
-
total
9 256
-
52 337
-
Employer
34 779
-
184 483
-
health
487
-
2 040
-
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.

5 913
-
24 763
-
accident
278
-
1 476
-
unemployment
347
-
1 456
-
other
1 740
-
7 282
-
total
8 765
-
37 017
-
Corporate
177 955
221 500
-
-
income
37 371
46 514
-
-
total
37 371
46 514
-
-
Dividends
140 584
174 986
-
-
withholding
9 841
12 250
-
-
total
9 841
12 250
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 233
58 764
89 354
87 537
After tax
156 267
162 736
132 146
133 963
Living cost
25 523
25 523
25 523
25 523
Free-cash
130 744
137 213
106 623
108 440

Estimated living cost  is ₽25523 per week

₽18034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75595
₽59506
₽79254
₽83249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 049
pensions
-
-
-
9 633
total
-
-
-
78 682
Employee
89 933
-
192 991
-
pensions
8 676
-
11 452
-
income
16 211
-
55 883
-
health
1 482
-
2 587
-
total
26 369
-
69 922
-
Employer
89 933
-
192 991
-
health
1 708
-
3 667
-
pensions
10 618
-
24 841
-
total
12 326
-
28 508
-
Corporate
119 241
221 500
-
-
income

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

22 656
42 085
-
-
total
22 656
42 085
-
-
Dividends
96 584
179 415
-
-
withholding
13 336
40 256
-
-
total
13 336
40 256
-
-
Income
221 500
221 500
221 500
221 500
Total tax
74 687
82 341
98 430
78 682
After tax
146 813
139 159
123 070
142 818
Living cost
63 564
63 564
63 564
63 564
Free-cash
83 249
75 595
59 506
79 254

Estimated living cost  is ₽63564 per week

₽47629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽176817
₽176025
₽166770
₽172365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 225
unemployment
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
42 164
Employee
16 639
-
214 932
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 461
-
2 940
-
income
1 664
-
21 493
-
health
765
-
1 540
-
total
4 073
-
26 341
-
Employer
16 639
-
214 932
-
health
1 148
-
2 310
-
pensions

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

1 834
-
3 689
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
unemployment
100
-
201
-
total
3 265
-
6 568
-
Corporate
201 596
221 500
-
-
income
20 159
22 150
-
-
total
20 159
22 150
-
-
Dividends
181 437
199 350
-
-
withholding
9 072
9 967
-
-
total
9 072
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 569
32 117
32 909
42 164
After tax
184 931
189 383
188 591
179 336
Living cost
12 566
12 566
12 566
12 566
Free-cash
172 365
176 817
176 025
166 770

Estimated living cost  is ₽12566 per week

₽7336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57334
₽88534
₽65499
₽59745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
79 851
health
-
-
-
11 812
pensions
-
-
-
11 223
total
-
-
-
102 886
Employee
88 807
81 798
203 699
-
pensions
11 223
11 223
11 223
-
income

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

13 389
13 389
39 015
-
health
11 079
10 679
11 812
-
total
35 691
35 291
62 050
-
Employer
88 807
81 798
203 699
-
health
6 171
5 686
7 066
-
pensions
6 180
5 693
7 076
-
unemployment
3 197
2 945
3 659
-
total
15 548
14 324
17 801
-
Corporate
117 144
125 378
-
-
income
23 429
25 076
-
-
total
23 429
25 076
-
-
Dividends
93 715
100 302
-
-
income
19 915
21 315
-
-
withholding
14 057
15 045
-
-
total
33 972
36 360
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 640
111 051
79 851
102 886
After tax
112 860
110 449
141 649
118 614
Living cost
53 115
53 115
53 115
53 115
Free-cash
59 745
57 334
88 534
65 499

Estimated living cost  is ₽53115 per week

₽39181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128680
₽97382
₽107103
₽120182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
23 598
social contributions
-
-
-
34 280
solidarity contribution
-
-
-
2 794
health
-
-
-
29 902
total
-
-
-
90 574
Employee
35 034
-
176 285
-
solidarity contribution
-
-
1 922
-
social contributions
2 277
-
7 631
-
income
4 204
-
21 728
-
health
4 730
-
23 798
-
total
11 211
-
55 079
-
Employer
35 034
-
176 285
-
health
3 153
-
15 866
-
social contributions
8 758
-
29 350
-
total
11 911
-
45 216
-
Corporate
174 555
221 500
-
-
income
33 165
42 085
-
-
total
33 165
42 085
-
-
Dividends
141 389
179 415
-
-
withholding
21 208
26 912
-
-
total
21 208
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 495
68 997
100 295
90 574
After tax
144 005
152 503
121 205
130 926
Living cost
23 823
23 823
23 823
23 823
Free-cash
120 182
128 680
97 382
107 103

Estimated living cost  is ₽23823 per week

₽16548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77760
₽58586
₽66706
₽72758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 941
regional
-
-
-
2 829
municipal
-
-
-
1 389
national
-
-
-
62 216
total
-
-
-
114 375
Employee
85 130
-
221 500
-
municipal
451
-
1 269
-
national
14 751
-
55 803
-
regional
803
-
2 571
-
social contributions
28 706
-
62 852
-
total
44 711
-
122 495
-
Employer
85 130
-
221 500
-
total
-
-
-
-
Corporate
136 370
221 500
-
-
municipal
5 319
8 638
-
-
nationa
32 728
53 160
-
-
total
38 047
61 798
-
-
Dividends
98 323
159 702
-
-
withholding
25 565
41 523
-
-
total
25 565
41 523
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 323
103 321
122 495
114 375
After tax
113 177
118 179
99 005
107 125
Living cost
40 419
40 419
40 419
40 419
Free-cash
72 758
77 760
58 586
66 706

Estimated living cost  is ₽40419 per week

₽28175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118186
₽77127
₽82982
₽115205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
70 536
other
-
-
-
-
surtax
-
-
-
11 983
unemployment
-
-
-
218
health
-
-
-
9 076
pensions
-
-
-
25 568
total
-
-
-
117 381
Employee
31 676
-
194 590
-
other
-
-
-
-
unemployment
2 205
-
8 898
-
pensions
2 112
-
8 527
-
surtax
104
-
10 836
-
income
5 310
-
64 806
-
health
809
-
3 259
-
total
10 540
-
96 326
-
Employer
31 676
-
194 590
-
health
1 441
-
5 817
-
pensions
4 223
-
17 041
-
unemployment
1 003
-
4 052
-
other
-
-
-
-
total
6 667
-
26 910
-
Corporate
183 156
221 500
-
-
income
47 621
57 590
-
-
total
47 621
57 590
-
-
Dividends
135 535
163 910
-
-
withholding
20 330
24 587
-
-
total
20 330
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 158
82 177
123 236
117 381
After tax
136 342
139 323
98 264
104 119
Living cost
21 137
21 137
21 137
21 137
Free-cash
115 205
118 186
77 127
82 982

Estimated living cost  is ₽21137 per week

₽12924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
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.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95734
₽79645
₽99393
₽102014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 049
pensions
-
-
-
9 633
total
-
-
-
78 682
Employee
60 271
-
192 991
-
pensions
5 116
-
11 452
-
income
10 855
-
55 883
-
health
875
-
2 587
-
total
16 846
-
69 922
-
Employer
60 271
-
192 991
-
health
1 145
-
3 667
-
pensions
6 524
-
24 841
-
total
7 669
-
28 508
-
Corporate
153 560
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.

29 176
42 085
-
-
total
29 176
42 085
-
-
Dividends
124 384
179 415
-
-
withholding
22 370
40 256
-
-
total
22 370
40 256
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 061
82 341
98 430
78 682
After tax
145 439
139 159
123 070
142 818
Living cost
43 425
43 425
43 425
43 425
Free-cash
102 014
95 734
79 645
99 393

Estimated living cost  is ₽43425 per week

₽32534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24805
₽91203
₽99400
₽57528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12 346
health
-
-
-
499
city
-
-
-
2 336
national
-
-
-
5 629
pensions
-
-
-
20 378
total
-
-
-
45 618
Employee
89 503
-
199 293
-
unemployment
-
-
-
-
pensions
7 519
-
15 581
-
national
424
-
4 631
-
regional
2 931
-
10 985
-
city
961
-
2 155
-
health
202
-
448
-
total
12 037
-
33 800
-
Employer
89 503
-
199 293
-
health
202
-
448
-
pensions
7 519
-
15 581
-
unemployment
-
-
-
-
other

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

1 790
-
3 986
-
total
9 511
-
20 015
-
Corporate
121 501
221 500
-
-
regional
25 697
46 847
-
-
national
10 328
18 828
-
-
total
36 025
65 675
-
-
Dividends
85 475
155 824
-
-
withholding
29 917
54 538
-
-
total
29 917
54 538
-
-
Income
221 500
221 500
221 500
221 500
Total tax
87 490
120 213
53 815
45 618
After tax
134 010
101 287
167 685
175 882
Living cost
76 482
76 482
76 482
76 482
Free-cash
57 528
24 805
91 203
99 400

Estimated living cost  is ₽76482 per week

₽49735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65469
₽92667
₽62318
₽81003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income

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

-
-
-
74 320
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.

-
-
-
4 088
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.

-
-
-
6 544
trade
-
-
-
30 349
total
-
-
-
115 301
Employee

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

57 566
-
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.

373
-
4 088
-
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.

6 769
-
74 320
-
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.

6 544
-
6 544
-
total
13 686
-
84 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 934
221 500
-
-
income
24 590
33 225
-
-
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.

1 352
1 827
-
-
chamber of commerce
376
458
-
-
trade
28 115
37 987
-
-
total
54 433
73 497
-
-
Dividends
109 499
148 003
-
-
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.

1 485
2 016
-
-
withholding
27 012
36 637
-
-
total
28 497
38 653
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 616
112 150
84 952
115 301
After tax
124 884
109 350
136 548
106 199
Living cost
43 881
43 881
43 881
43 881
Free-cash
81 003
65 469
92 667
62 318

Estimated living cost  is ₽43881 per week

₽32049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78863
₽81048
₽87914
₽84522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 156
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 014
pensions
-
-
-
34 467
total
-
-
-
100 814
Employee
40 995
-
168 689
-
pensions
4 635
-
12 866
-
surtax
-
-
-
-
social contributions
1 169
-
4 806
-
income
2 419
-
37 201
-
total
8 223
-
54 873
-
Employer
40 995
-
168 689
-
health
2 870
-
16 952
-
pensions
6 735
-
21 455
-
unemployment
1 660
-
6 831
-
social contributions
124
-
505
-
other
1 414
-
7 064
-
total
12 803
-
52 807
-
Corporate
167 702
221 500
-
-
income
46 956
62 020
-
-
surtax
-
-
-
-
total
46 956
62 020
-
-
Dividends
120 746
159 480
-
-
surtax
-
-
-
-
social contributions
20 768
27 432
-
-
withholding
15 456
20 413
-
-
total
36 224
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 206
109 865
107 680
100 814
After tax
117 294
111 635
113 820
120 686
Living cost
32 772
32 772
32 772
32 772
Free-cash
84 522
78 863
81 048
87 914

Estimated living cost  is ₽32772 per week

₽20664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
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.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82110
₽84295
₽91161
₽87432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 156
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 014
pensions
-
-
-
34 467
total
-
-
-
100 814
Employee
36 594
-
168 689
-
pensions
4 139
-
12 866
-
surtax
-
-
-
-
social contributions
1 043
-
4 806
-
income
1 887
-
37 201
-
total
7 069
-
54 873
-
Employer
36 594
-
168 689
-
health
2 561
-
16 952
-
pensions
6 013
-
21 455
-
unemployment
1 481
-
6 831
-
social contributions
109
-
505
-
other
1 263
-
7 064
-
total
11 427
-
52 807
-
Corporate
173 478
221 500
-
-
income
48 574
62 020
-
-
surtax
-
-
-
-
total
48 574
62 020
-
-
Dividends
124 904
159 480
-
-
surtax
-
-
-
-
social contributions
21 486
27 432
-
-
withholding
15 987
20 413
-
-
total
37 473
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 543
109 865
107 680
100 814
After tax
116 957
111 635
113 820
120 686
Living cost
29 525
29 525
29 525
29 525
Free-cash
87 432
82 110
84 295
91 161

Estimated living cost  is ₽29525 per week

₽17123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114825
₽115819
₽121937
₽115323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 225
social contributions
-
-
-
30 567
health
-
-
-
15 460
total
-
-
-
79 252
Employee
32 478
-
221 500
-
social contributions
4 483
-
30 567
-
income
5 417
-
39 343
-
health
2 267
-
15 460
-
total
12 167
-
85 370
-
Employer
32 478
-
221 500
-
total
-
-
-
-
Corporate
189 022
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%.

9 450
11 076
-
-
total
9 450
11 076
-
-
Dividends
179 572
210 424
-
-
social contributions
24 781
29 038
-
-
withholding
26 935
31 563
-
-
health
12 533
14 687
-
-
total
64 249
75 288
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 866
86 364
85 370
79 252
After tax
135 634
135 136
136 130
142 248
Living cost
20 311
20 311
20 311
20 311
Free-cash
115 323
114 825
115 819
121 937

Estimated living cost  is ₽20311 per week

₽13593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88299
₽24255
₽79623
₽86817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 914
surtax
-
-
-
189
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
885
health
-
-
-
8 560
pensions
-
-
-
20 702
total
-
-
-
108 125
Employee
47 870
38 173
183 853
-
other
478
382
1 120
-
unemployment
1 436
1 145
3 357
-
pensions
4 902
3 908
11 459
-
income
5 450
2 816
60 525
-
health
1 852
1 478
4 330
-
total
14 118
9 729
80 791
-
Employer
47 870
38 173
183 853
-
chamber of commerce
191
153
736
-
health
1 809
1 443
4 230
-
pensions
6 008
4 792
14 044
-
accident
622
496
1 454
-
unemployment
1 436
1 145
3 357
-
surtax
189
189
189
-
payroll
1 436
1 145
5 515
-
other
2 274
1 812
8 122
-
total
13 965
11 175
37 647
-
Corporate
159 666
172 152
180 217
-
income

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

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

39 916
43 039
45 055
-
total
39 916
43 039
45 055
-
Dividends
119 750
129 113
-
-
withholding
32 932
35 506
-
-
total
32 932
35 506
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 931
99 449
163 493
108 125
After tax
120 569
122 051
58 007
113 375
Living cost
33 752
33 752
33 752
33 752
Free-cash
86 817
88 299
24 255
79 623

Estimated living cost  is ₽33752 per week

₽22511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
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.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86290
₽40112
₽61446
₽74476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
communal

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

-
-
-
11 857
social contributions
-
-
-
23 881
national
-
-
-
89 391
total
-
-
-
125 129
Employee

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

68 517
-
171 561
-
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.

596
-
1 492
-
communal

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

3 574
-
8 949
-
pensions

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

5 139
-
12 868
-
national
21 065
-
65 152
-
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.

3 219
-
8 064
-
total
33 593
-
96 525
-
Employer

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

68 517
-
171 561
-
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.

4 214
-
10 550
-
pensions

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

6 071
-
15 200
-
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.

891
-
2 230
-
unemployment

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

1 000
-
2 505
-
surtax
7 769
-
19 453
-
total
19 945
-
49 938
-
Corporate
133 039
221 500
-
-
income
26 608
47 876
-
-
surtax
533
958
-
-
total
27 141
48 834
-
-
Dividends
105 898
172 666
-
-
withholding

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

31 420
51 451
-
-
total
31 420
51 451
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 099
100 285
146 463
125 129
After tax
109 401
121 215
75 037
96 371
Living cost
34 925
34 925
34 925
34 925
Free-cash
74 476
86 290
40 112
61 446

Estimated living cost  is ₽34925 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112414
₽85101
₽89120
₽105854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
800
income
-
-
-
71 151
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
97 787
Employee
47 681
-
193 196
-
other
47
-
89
-
unemployment
740
-
1 376
-
pensions
2 241
-
4 174
-
income
10 060
-
67 863
-
total
13 088
-
73 502
-
Employer
47 681
-
193 196
-
pensions
11 252
-
20 953
-
accident
943
-
1 758
-
unemployment
2 623
-
4 882
-
other
380
-
711
-
total
15 198
-
28 304
-
Corporate
158 621
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.

23 792
33 225
-
-
total
23 792
33 225
-
-
Dividends
134 829
188 275
-
-
withholding
28 975
41 268
-
-
total
28 975
41 268
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 053
74 493
101 806
97 787
After tax
140 447
147 007
119 694
123 713
Living cost
34 593
34 593
34 593
34 593
Free-cash
105 854
112 414
85 101
89 120

Estimated living cost  is ₽34593 per week

₽25474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
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.
₽6166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72856
₽60376
₽51547
₽59682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
communal
-
-
-
13 998
accident
-
-
-
1 867
income
-
-
-
42 287
surtax
-
-
-
10 981
health
-
-
-
15 564
pensions
-
-
-
33 201
total
-
-
-
117 898
Employee
72 539
-
197 855
-
pensions
5 802
-
15 829
-
surtax
4 446
-
12 126
-
income
7 007
-
48 664
-
health
3 228
-
8 805
-
total
20 483
-
85 424
-
Employer
72 539
-
197 855
-
health
2 212
-
6 035
-
pensions
5 802
-
15 829
-
accident
653
-
1 781
-
total
8 667
-
23 645
-
Corporate
140 294
221 500
-
-
communal
9 470
14 951
-
-
income
21 044
33 225
-
-
surtax
1 472
2 325
-
-
total
31 986
50 501
-
-
Dividends
108 307
170 999
-
-
income
32 380
20 438
-
-
withholding
16 247
25 650
-
-
total
48 627
46 088
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 763
96 589
109 069
117 898
After tax
111 737
124 911
112 431
103 602
Living cost
52 055
52 055
52 055
52 055
Free-cash
59 682
72 856
60 376
51 547

Estimated living cost  is ₽52055 per week

₽39049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
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.
₽9300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117808
₽76749
₽82604
₽114762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
70 536
other
-
-
-
-
surtax
-
-
-
11 983
unemployment
-
-
-
218
health
-
-
-
9 076
pensions
-
-
-
25 568
total
-
-
-
117 381
Employee
32 258
-
194 590
-
other
-
-
-
-
unemployment
2 245
-
8 898
-
pensions
2 152
-
8 527
-
surtax
115
-
10 836
-
income
5 408
-
64 806
-
health
823
-
3 259
-
total
10 743
-
96 326
-
Employer
32 258
-
194 590
-
health
1 467
-
5 817
-
pensions
4 301
-
17 041
-
unemployment
1 023
-
4 052
-
other
-
-
-
-
total
6 791
-
26 910
-
Corporate
182 451
221 500
-
-
income
47 438
57 590
-
-
total
47 438
57 590
-
-
Dividends
135 013
163 910
-
-
withholding
20 251
24 587
-
-
total
20 251
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 223
82 177
123 236
117 381
After tax
136 277
139 323
98 264
104 119
Living cost
21 515
21 515
21 515
21 515
Free-cash
114 762
117 808
76 749
82 604

Estimated living cost  is ₽21515 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90623
₽72553
₽80627
₽88497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 941
regional
-
-
-
3 524
municipal
-
-
-
1 389
national
-
-
-
62 216
total
-
-
-
115 070
Employee
53 135
-
221 500
-
municipal
282
-
1 269
-
national
8 418
-
55 803
-
regional
715
-
3 220
-
social contributions
17 917
-
62 852
-
total
27 332
-
123 144
-
Employer
53 135
-
221 500
-
total
-
-
-
-
Corporate
168 365
221 500
-
-
municipal
8 367
11 008
-
-
nationa
40 408
53 160
-
-
total
48 775
64 168
-
-
Dividends
119 590
157 332
-
-
withholding
31 093
40 906
-
-
total
31 093
40 906
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 200
105 074
123 144
115 070
After tax
114 300
116 426
98 356
106 430
Living cost
25 803
25 803
25 803
25 803
Free-cash
88 497
90 623
72 553
80 627

Estimated living cost  is ₽25803 per week

₽16047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123147
₽91849
₽101570
₽112674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
23 598
social contributions
-
-
-
34 280
solidarity contribution
-
-
-
2 794
health
-
-
-
29 902
total
-
-
-
90 574
Employee
43 171
-
176 285
-
solidarity contribution
-
-
1 922
-
social contributions
2 806
-
7 631
-
income
5 180
-
21 728
-
health
5 828
-
23 798
-
total
13 814
-
55 079
-
Employer
43 171
-
176 285
-
health
3 885
-
15 866
-
social contributions
10 793
-
29 350
-
total
14 678
-
45 216
-
Corporate
163 651
221 500
-
-
income
31 094
42 085
-
-
total
31 094
42 085
-
-
Dividends
132 557
179 415
-
-
withholding
19 884
26 912
-
-
total
19 884
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 470
68 997
100 295
90 574
After tax
142 030
152 503
121 205
130 926
Living cost
29 356
29 356
29 356
29 356
Free-cash
112 674
123 147
91 849
101 570

Estimated living cost  is ₽29356 per week

₽21831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91593
₽27494
₽83004
₽91120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 914
surtax
-
-
-
-
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
885
health
-
-
-
8 560
pensions
-
-
-
20 702
total
-
-
-
107 936
Employee
41 871
38 173
184 031
-
other
418
382
1 120
-
unemployment
1 256
1 145
3 357
-
pensions
4 288
3 908
11 459
-
income
3 730
2 816
60 614
-
health
1 620
1 478
4 330
-
total
11 312
9 729
80 880
-
Employer
41 871
38 173
184 031
-
chamber of commerce
167
153
736
-
health
1 583
1 443
4 230
-
pensions
5 255
4 792
14 044
-
accident
544
496
1 454
-
unemployment
1 256
1 145
3 357
-
surtax
-
-
-
-
payroll
1 256
1 145
5 520
-
other
1 989
1 812
8 127
-
total
12 050
10 986
37 468
-
Corporate
167 579
172 341
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.

41 895
43 086
45 098
-
total
41 895
43 086
45 098
-
Dividends
125 683
129 255
-
-
withholding
34 563
35 546
-
-
total
34 563
35 546
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 820
99 347
163 446
107 936
After tax
121 680
122 153
58 054
113 564
Living cost
30 560
30 560
30 560
30 560
Free-cash
91 120
91 593
27 494
83 004

Estimated living cost  is ₽30560 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198201
₽164976
₽207061
₽195909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 281
-
221 500
-
income
3 056
-
44 300
-
total
3 056
-
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%.

206 219
221 500
-
-
total
-
-
-
-
Dividends
206 219
221 500
-
-
withholding
10 311
11 075
-
-
total
10 311
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 367
11 075
44 300
2 215
After tax
208 133
210 425
177 200
219 285
Living cost
12 224
12 224
12 224
12 224
Free-cash
195 909
198 201
164 976
207 061

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126812
₽71699
₽76506
₽118799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
221 500
income
-
-
-
56 720
unemployment
-
-
-
333
health
-
-
-
21 797
pensions
-
-
-
40 452
total
-
-
-
119 302
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.

42 357
-
191 660
-
unemployment
60
-
269
-
pensions
6 566
-
29 707
-
income
7 304
-
51 912
-
health
2 736
-
12 381
-
total
16 666
-
94 269
-
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.

42 357
-
191 660
-
health
2 821
-
12 764
-
pensions
3 748
-
16 961
-
unemployment
25
-
115
-
total
6 594
-
29 840
-
Corporate
172 548
221 500
-
-
income
32 785
42 084
-
-
total
32 785
42 084
-
-
Dividends
139 763
179 416
-
-
withholding
20 964
26 912
-
-
total
20 964
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 009
68 996
124 109
119 302
After tax
144 491
152 504
97 391
102 198
Living cost
25 692
25 692
25 692
25 692
Free-cash
118 799
126 812
71 699
76 506

Estimated living cost  is ₽25692 per week

₽17632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
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.
₽5917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93332
₽167440
₽111645
₽47661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
43 175
social contributions
-
-
-
25 251
total
-
-
-
68 426
Employee
59 404
-
-
-
social contributions
4 871
-
694
-
income
13 103
-
-
-
total
17 974
-
694
-
Employer
59 404
-
-
-
social contributions
83 759
-
11 937
-
total
83 759
-
11 937
-
Corporate
78 338
221 500
-
-
income
17 234
48 730
-
-
total
17 234
48 730
-
-
Dividends
61 103
172 770
-
-
income
13 443
38 009
-
-
total
13 443
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
132 410
86 739
12 631
68 426
After tax
89 090
134 761
208 869
153 074
Living cost
41 429
41 429
41 429
41 429
Free-cash
47 661
93 332
167 440
111 645

Estimated living cost  is ₽41429 per week

₽26881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95946
₽67669
₽85192
₽94979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income
-
-
-
29 292
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 263
Employee
44 055
-
178 990
-
surtax
-
-
347
-
social contributions
4 846
-
19 690
-
income
9 164
-
61 239
-
total
14 010
-
81 276
-
Employer
44 055
-
178 990
-
social contributions
10 463
-
42 510
-
total
10 463
-
42 510
-
Corporate
166 982
221 500
-
-
income
35 066
46 514
-
-
surtax
-
-
-
-
total
35 066
46 514
-
-
Dividends
131 916
174 986
-
-
withholding
36 937
48 995
-
-
total
36 937
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 476
95 509
123 786
106 263
After tax
125 024
125 991
97 714
115 237
Living cost
30 045
30 045
30 045
30 045
Free-cash
94 979
95 946
67 669
85 192

Estimated living cost  is ₽30045 per week

₽22480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
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.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65371
₽67556
₽74422
₽71955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 156
other
-
-
-
6 866
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 014
pensions
-
-
-
34 467
total
-
-
-
100 814
Employee
59 993
-
168 689
-
pensions
6 786
-
12 866
-
surtax
-
-
-
-
social contributions
1 709
-
4 806
-
income
5 235
-
37 201
-
total
13 730
-
54 873
-
Employer
59 993
-
168 689
-
health
4 199
-
16 952
-
pensions
9 858
-
21 455
-
unemployment
2 430
-
6 831
-
social contributions
180
-
505
-
other
2 070
-
7 064
-
total
18 737
-
52 807
-
Corporate
142 769
221 500
-
-
income
39 976
62 020
-
-
surtax
-
-
-
-
total
39 976
62 020
-
-
Dividends
102 793
159 480
-
-
surtax
-
-
-
-
social contributions
17 681
27 432
-
-
withholding
13 157
20 413
-
-
total
30 838
47 845
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 281
109 865
107 680
100 814
After tax
118 219
111 635
113 820
120 686
Living cost
46 264
46 264
46 264
46 264
Free-cash
71 955
65 371
67 556
74 422

Estimated living cost  is ₽46264 per week

₽31311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
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.
₽10534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170558
₽138402
₽132516
₽167339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 461
social contributions
-
-
-
48 730
total
-
-
-
60 191
Employee
30 795
-
191 774
-
income
-
-
12 113
-
social contributions
2 001
-
12 466
-
total
2 001
-
24 579
-
Employer
30 795
-
191 774
-
social contributions
4 773
-
29 726
-
total
4 773
-
29 726
-
Corporate
185 932
221 500
-
-
income
18 594
22 149
-
-
total
18 594
22 149
-
-
Dividends
167 338
199 351
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 368
22 149
54 305
60 191
After tax
196 132
199 351
167 195
161 309
Living cost
28 793
28 793
28 793
28 793
Free-cash
167 339
170 558
138 402
132 516

Estimated living cost  is ₽28793 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13131
₽13131
₽81513
₽7477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
labour market
-
-
-
17 654
municipal
-
-
-
47 715
national
-
-
-
27 731
pensions
-
-
-
829
total
-
-
-
93 929
Employee
194 401
194 401
194 401
-
municipal
41 397
41 397
41 397
-
labour market
15 530
15 530
15 530
-
pensions
276
276
276
-
national
23 750
23 750
23 750
-
total
80 953
80 953
80 953
-
Employer
194 401
194 401
194 401
-
national
23 791
23 791
23 791
-
labour market
15 552
15 552
15 552
-
pensions
553
553
553
-
municipal
41 462
41 462
41 462
-
total
81 358
81 358
81 358
-
Corporate
13 131
-
-
-
income
2 889
-
-
-
total
2 889
-
-
-
Dividends
10 243
-
-
-
withholding
2 765
-
-
-
total
2 765
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
167 965
162 311
162 311
93 929
After tax
53 535
59 189
59 189
127 571
Living cost
46 058
46 058
46 058
46 058
Free-cash
7 477
13 131
13 131
81 513

Estimated living cost  is ₽46058 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3118
₽101024
₽130177
₽14710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
245
income
-
-
-
63 496
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
70 263
Employee
33 129
-
202 454
-
pensions
3 731
-
7 413
-
income
4 545
-
49 777
-
health
3 793
-
23 181
-
total
12 069
-
80 371
-
Employer
33 129
-
202 454
-
pensions
5 387
-
10 704
-
accident
553
-
3 381
-
unemployment
812
-
4 960
-
total
6 752
-
19 045
-
Corporate
181 619
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.

163 458
199 350
-
-
total
163 458
199 350
-
-
Dividends
18 162
22 150
-
-
withholding
3 451
4 208
-
-
total
3 451
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 730
203 558
99 416
70 263
After tax
35 770
17 942
122 084
151 237
Living cost
21 060
21 060
21 060
21 060
Free-cash
14 710
-3 118
101 024
130 177

Estimated living cost  is ₽21060 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98742
₽73050
₽98421
₽101703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
health
-
-
-
3 012
municipal
-
-
-
39 329
national
-
-
-
43 963
total
-
-
-
86 304
Employee
50 396
-
186 338
-
municipal
8 254
-
30 329
-
unemployment
756
-
2 796
-
pensions
3 401
-
12 577
-
national
833
-
28 341
-
health
376
-
2 470
-
total
13 620
-
76 513
-
Employer
50 396
-
186 338
-
health
387
-
1 434
-
pensions
8 743
-
32 330
-
accident
51
-
187
-
unemployment
327
-
1 211
-
total
9 508
-
35 162
-
Corporate
161 596
221 500
-
-
income
32 319
44 300
-
-
total
32 319
44 300
-
-
Dividends

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

96 957
132 900
-
-
municipal
17 452
23 922
-
-
national
10 123
17 761
-
-
total
27 575
41 683
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 022
85 983
111 675
86 304
After tax
138 478
135 517
109 825
135 196
Living cost
36 775
36 775
36 775
36 775
Free-cash
101 703
98 742
73 050
98 421

Estimated living cost  is ₽36775 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139237
₽124770
₽126577
₽134023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
51 600
social contributions
-
-
-
15 498
health
-
-
-
5 648
total
-
-
-
72 746
Employee
73 656
73 656
209 381
-
social contributions
2 785
6 113
8 245
-
income
8 020
6 818
50 630
-
health
571
1 252
3 559
-
total
11 376
14 183
62 434
-
Employer
73 656
73 656
209 381
-
health
620
1 363
3 874
-
social contributions
2 785
6 113
8 245
-
total
3 405
7 476
12 119
-
Corporate
184 543
140 368
-
-
income
23 067
17 547
-
-
total
23 067
17 547
-
-
Dividends
161 475
122 821
-
-
withholding
27 452
20 880
-
-
total
27 452
20 880
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 300
60 086
74 553
72 746
After tax
156 200
161 414
146 947
148 754
Living cost
22 177
22 177
22 177
22 177
Free-cash
134 023
139 237
124 770
126 577

Estimated living cost  is ₽22177 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168216
₽154522
₽173733
₽163345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
221 500
income
-
-
-
22 973
unemployment
-
-
-
27
health
-
-
-
3 466
pensions
-
-
-
6 093
total
-
-
-
32 559
Employee

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

21 986
-
212 139
-
unemployment
109
-
454
-
pensions
3 297
-
13 633
-
income
1 503
-
20 597
-
health
1 869
-
7 725
-
total
6 778
-
42 409
-
Employer

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

21 986
-
212 139
-
health
945
-
3 908
-
pensions
1 209
-
4 999
-
unemployment
109
-
454
-
total
2 263
-
9 361
-
Corporate
197 250
221 500
-
-
income
17 752
19 935
-
-
total
17 752
19 935
-
-
Dividends
179 498
201 565
-
-
withholding
16 154
18 141
-
-
total
16 154
18 141
-
-
Income
221 500
221 500
221 500
221 500
Total tax
42 947
38 076
51 770
32 559
After tax
178 553
183 424
169 730
188 941
Living cost
15 208
15 208
15 208
15 208
Free-cash
163 345
168 216
154 522
173 733

Estimated living cost  is ₽15208 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120667
₽93354
₽97373
₽116435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
800
income
-
-
-
71 151
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
97 787
Employee
35 418
-
193 196
-
other
35
-
89
-
unemployment
549
-
1 376
-
pensions
1 665
-
4 174
-
income
6 828
-
67 863
-
total
9 077
-
73 502
-
Employer
35 418
-
193 196
-
pensions
8 358
-
20 953
-
accident
702
-
1 758
-
unemployment
1 949
-
4 882
-
other
284
-
711
-
total
11 293
-
28 304
-
Corporate
174 790
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.

26 219
33 225
-
-
total
26 219
33 225
-
-
Dividends
148 571
188 275
-
-
withholding
32 136
41 268
-
-
total
32 136
41 268
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 725
74 493
101 806
97 787
After tax
142 775
147 007
119 694
123 713
Living cost
26 340
26 340
26 340
26 340
Free-cash
116 435
120 667
93 354
97 373

Estimated living cost  is ₽26340 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
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.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136354
₽140887
₽141020
₽136048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 276
health
-
-
-
984
pensions
-
-
-
1 358
total
-
-
-
78 618
Employee
2 835
-
219 972
-
unemployment
28
-
68
-
pensions
255
-
611
-
income
549
-
76 205
-
health
142
-
339
-
total
974
-
77 223
-
Employer
2 835
-
219 972
-
health
269
-
645
-
pensions
312
-
747
-
unemployment
57
-
136
-
total
638
-
1 528
-
Corporate
218 027
221 500
-
-
income
47 966
48 730
-
-
total
47 966
48 730
-
-
Dividends
170 061
172 770
-
-
withholding
34 012
34 554
-
-
total
34 012
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 590
83 284
78 751
78 618
After tax
137 910
138 216
142 749
142 882
Living cost
1 862
1 862
1 862
1 862
Free-cash
136 048
136 354
140 887
141 020

Estimated living cost  is ₽1862 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143501
₽126877
₽126878
₽138796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
221 500
income
-
-
-
51 382
unemployment
-
-
-
1 060
health
-
-
-
7 277
pensions
-
-
-
18 370
total
-
-
-
78 089
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.

24 931
-
208 853
-
unemployment
187
-
530
-
pensions
3 490
-
9 892
-
income
3 437
-
51 382
-
health
1 284
-
3 639
-
total
8 398
-
65 443
-
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.

24 931
-
208 853
-
health
1 284
-
3 639
-
pensions
2 992
-
8 478
-
unemployment
187
-
530
-
total
4 463
-
12 647
-
Corporate
192 106
221 500
-
-
income
28 816
33 225
-
-
total
28 816
33 225
-
-
Dividends
163 290
188 275
-
-
withholding
24 494
28 241
-
-
total
24 494
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 171
61 466
78 090
78 089
After tax
155 329
160 034
143 410
143 411
Living cost
16 533
16 533
16 533
16 533
Free-cash
138 796
143 501
126 877
126 878

Estimated living cost  is ₽16533 per week

₽11132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100167
₽71890
₽89413
₽99820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income
-
-
-
29 292
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 263
Employee
37 177
-
178 990
-
surtax
-
-
347
-
social contributions
4 090
-
19 690
-
income
7 264
-
61 239
-
total
11 354
-
81 276
-
Employer
37 177
-
178 990
-
social contributions
8 829
-
42 510
-
total
8 829
-
42 510
-
Corporate
175 494
221 500
-
-
income
36 853
46 514
-
-
surtax
-
-
-
-
total
36 853
46 514
-
-
Dividends
138 641
174 986
-
-
withholding
38 820
48 995
-
-
total
38 820
48 995
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 856
95 509
123 786
106 263
After tax
125 644
125 991
97 714
115 237
Living cost
25 824
25 824
25 824
25 824
Free-cash
99 820
100 167
71 890
89 413

Estimated living cost  is ₽25824 per week

₽18290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113343
₽86030
₽90049
₽107076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
800
income
-
-
-
71 151
other
-
-
-
89
unemployment
-
-
-
622
pensions
-
-
-
25 125
total
-
-
-
97 787
Employee
46 261
-
193 196
-
other
45
-
89
-
unemployment
716
-
1 376
-
pensions
2 174
-
4 174
-
income
9 662
-
67 863
-
total
12 597
-
73 502
-
Employer
46 261
-
193 196
-
pensions
10 917
-
20 953
-
accident
916
-
1 758
-
unemployment
2 545
-
4 882
-
other
371
-
711
-
total
14 749
-
28 304
-
Corporate
160 490
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.

24 074
33 225
-
-
total
24 074
33 225
-
-
Dividends
136 416
188 275
-
-
withholding
29 340
41 268
-
-
total
29 340
41 268
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 760
74 493
101 806
97 787
After tax
140 740
147 007
119 694
123 713
Living cost
33 664
33 664
33 664
33 664
Free-cash
107 076
113 343
86 030
90 049

Estimated living cost  is ₽33664 per week

₽24176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172896
₽172104
₽162849
₽167053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
33 225
unemployment
-
-
-
134
health
-
-
-
3 850
pensions

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

-
-
-
4 955
total
-
-
-
42 164
Employee
21 831
-
214 932
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 917
-
2 940
-
income
2 183
-
21 493
-
health
1 004
-
1 540
-
total
5 344
-
26 341
-
Employer
21 831
-
214 932
-
health
1 507
-
2 310
-
pensions

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

2 406
-
3 689
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
unemployment
131
-
201
-
total
4 284
-
6 568
-
Corporate
195 385
221 500
-
-
income
19 539
22 150
-
-
total
19 539
22 150
-
-
Dividends
175 846
199 350
-
-
withholding
8 793
9 967
-
-
total
8 793
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
37 960
32 117
32 909
42 164
After tax
183 540
189 383
188 591
179 336
Living cost
16 487
16 487
16 487
16 487
Free-cash
167 053
172 896
172 104
162 849

Estimated living cost  is ₽16487 per week

₽10904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76928
₽99567
₽74173
₽89458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
income

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

-
-
-
74 320
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.

-
-
-
4 088
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.

-
-
-
6 544
trade
-
-
-
25 394
total
-
-
-
110 346
Employee

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

47 660
-
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.

216
-
4 088
-
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.

3 919
-
74 320
-
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.

6 544
-
6 544
-
total
10 679
-
84 952
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 840
221 500
-
-
income
26 076
33 225
-
-
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.

1 434
1 827
-
-
chamber of commerce
400
471
-
-
trade
24 947
31 785
-
-
total
52 857
67 308
-
-
Dividends
120 984
154 193
-
-
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.

1 643
2 099
-
-
withholding
29 882
38 184
-
-
total
31 525
40 283
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 061
107 591
84 952
110 346
After tax
126 439
113 909
136 548
111 154
Living cost
36 981
36 981
36 981
36 981
Free-cash
89 458
76 928
99 567
74 173

Estimated living cost  is ₽36981 per week

₽25510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100485
₽55991
₽55991
₽102601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
72 768
social contributions
-
-
-
38 176
total
-
-
-
110 944
Employee
74 927
-
221 500
-
income
14 138
-
72 768
-
social contributions
6 225
-
38 176
-
total
20 363
-
110 944
-
Employer
74 927
-
221 500
-
total
-
-
-
-
Corporate
146 573
221 500
-
-
income
18 321
27 688
-
-
total
18 321
27 688
-
-
Dividends
128 252
193 812
-
-
withholding
25 650
38 762
-
-
total
25 650
38 762
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 334
66 450
110 944
110 944
After tax
157 166
155 050
110 556
110 556
Living cost
54 565
54 565
54 565
54 565
Free-cash
102 601
100 485
55 991
55 991

Estimated living cost  is ₽54565 per week

₽41512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104143
₽119500
₽147640
₽107489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
221 500
income
-
-
-
33 225
health

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

-
-
-
5 864
total
-
-
-
39 089
Employee
43 942
-
217 094
-
income
4 768
-
58 417
-
social contributions
4 403
-
4 406
-
total
9 171
-
62 823
-
Employer
43 942
-
217 094
-
social contributions
4 403
-
4 406
-
total
4 403
-
4 406
-
Corporate
173 156
221 500
-
-
income
60 605
77 525
-
-
total
60 605
77 525
-
-
Dividends
112 551
143 975
-
-
social contributions
5 061
5 061
-
-
total
5 061
5 061
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 240
82 586
67 229
39 089
After tax
142 260
138 914
154 271
182 411
Living cost
34 771
34 771
34 771
34 771
Free-cash
107 489
104 143
119 500
147 640

Estimated living cost  is ₽34771 per week

₽22904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽8592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103856
₽87767
₽107515
₽109483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 049
pensions
-
-
-
9 633
total
-
-
-
78 682
Employee
48 458
-
192 991
-
pensions
3 699
-
11 452
-
income
8 825
-
55 883
-
health
632
-
2 587
-
total
13 156
-
69 922
-
Employer
48 458
-
192 991
-
health
921
-
3 667
-
pensions
4 896
-
24 841
-
total
5 817
-
28 508
-
Corporate
167 225
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.

31 772
42 085
-
-
total
31 772
42 085
-
-
Dividends
135 453
179 415
-
-
withholding
25 969
40 256
-
-
total
25 969
40 256
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 714
82 341
98 430
78 682
After tax
144 786
139 159
123 070
142 818
Living cost
35 303
35 303
35 303
35 303
Free-cash
109 483
103 856
87 767
107 515

Estimated living cost  is ₽35303 per week

₽24218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5203
₽98939
₽128092
₽14390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
245
income
-
-
-
63 496
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
70 263
Employee
36 408
-
202 454
-
pensions
4 100
-
7 413
-
income
4 995
-
49 777
-
health
4 169
-
23 181
-
total
13 264
-
80 371
-
Employer
36 408
-
202 454
-
pensions
5 920
-
10 704
-
accident
608
-
3 381
-
unemployment
892
-
4 960
-
total
7 420
-
19 045
-
Corporate
177 672
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.

159 905
199 350
-
-
total
159 905
199 350
-
-
Dividends
17 767
22 150
-
-
withholding
3 376
4 208
-
-
total
3 376
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
183 965
203 558
99 416
70 263
After tax
37 535
17 942
122 084
151 237
Living cost
23 145
23 145
23 145
23 145
Free-cash
14 390
-5 203
98 939
128 092

Estimated living cost  is ₽23145 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156528
₽150228
₽129198
₽153635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
221 500
income
-
-
-
37 322
unemployment
-
-
-
1 835
work injury
-
-
-
765
health insurance
-
-
-
11 318
pensions
-
-
-
28 143
total
-
-
-
79 383
Employee

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

20 670
-
221 500
-
health insurance
1 530
-
5 659
-
unemployment
248
-
918
-
work injury
103
-
382
-
pensions
3 803
-
14 072
-
income
2 067
-
37 322
-
total
7 751
-
58 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 830
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%.

20 083
22 150
-
-
total
20 083
22 150
-
-
Dividends
180 747
199 350
-
-
withholding
27 112
29 903
-
-
total
27 112
29 903
-
-
Income
221 500
221 500
221 500
221 500
Total tax
54 946
52 053
58 353
79 383
After tax
166 554
169 447
163 147
142 117
Living cost
12 919
12 919
12 919
12 919
Free-cash
153 635
156 528
150 228
129 198

Estimated living cost  is ₽12919 per week

₽8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78513
₽58296
₽66163
₽74155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 941
regional
-
-
-
5 460
municipal
-
-
-
1 561
national
-
-
-
62 216
total
-
-
-
117 178
Employee
80 716
-
221 500
-
municipal
482
-
1 427
-
national
13 640
-
55 803
-
regional
1 219
-
4 963
-
social contributions
27 217
-
62 852
-
total
42 558
-
125 045
-
Employer
80 716
-
221 500
-
total
-
-
-
-
Corporate
140 784
221 500
-
-
municipal
6 786
10 676
-
-
nationa
33 788
53 160
-
-
total
40 574
63 836
-
-
Dividends
100 210
157 664
-
-
withholding
26 054
40 992
-
-
total
26 054
40 992
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 186
104 828
125 045
117 178
After tax
112 314
116 672
96 455
104 322
Living cost
38 159
38 159
38 159
38 159
Free-cash
74 155
78 513
58 296
66 163

Estimated living cost  is ₽38159 per week

₽26804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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