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
₽83187
₽107848
₽79836
₽93571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 691
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.

-
-
-
4 109
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.

-
-
-
6 414
trade
-
-
-
28 012
total
-
-
-
113 226
Employee

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

35 910
-
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.

55
-
4 109
-
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.

1 003
-
74 691
-
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.

6 414
-
6 414
-
total
7 472
-
85 214
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 590
221 500
-
-
income
27 839
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.

1 530
1 828
-
-
chamber of commerce
410
461
-
-
trade
29 231
34 886
-
-
total
59 010
70 400
-
-
Dividends
126 580
151 100
-
-
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.

1 721
2 058
-
-
withholding
31 288
37 417
-
-
total
33 009
39 475
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 491
109 875
85 214
113 226
After tax
122 009
111 625
136 286
108 274
Living cost
28 438
28 438
28 438
28 438
Free-cash
93 571
83 187
107 848
79 836

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88265
₽77431
₽76241
₽87435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 605
national
-
-
-
41 742
pensions
-
-
-
26 580
total
-
-
-
95 308
Employee
77 434
-
191 485
-
municipal
9 564
-
25 462
-
pensions
3 097
-
7 659
-
national
14 821
-
43 620
-
total
27 482
-
76 741
-
Employer
77 434
-
191 485
-
pensions
6 195
-
15 319
-
social contributions
832
-
2 058
-
total
7 027
-
17 377
-
Corporate
131 929
221 500
-
-
income

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

26 386
44 300
-
-
total
26 386
44 300
-
-
Dividends
105 543
177 200
-
-
withholding
23 219
38 984
-
-
total
23 219
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 114
83 284
94 118
95 308
After tax
137 386
138 216
127 382
126 192
Living cost
49 951
49 951
49 951
49 951
Free-cash
87 435
88 265
77 431
76 241

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157667
₽77309
₽61725
₽149965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 787
surtax
-
-
-
56 482
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.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
140 242
Employee
27 434
-
175 265
-
surtax
-
-
25 414
-
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.

3 018
-
12 308
-
income
4 884
-
40 701
-
total
7 902
-
78 423
-
Employer
27 434
-
175 265
-
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.

6 608
-
26 955
-
surtax
-
-
19 280
-
total
6 608
-
46 235
-
Corporate
187 457
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%.

37 492
44 300
-
-
total
37 492
44 300
-
-
Dividends

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

149 965
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 002
44 300
124 658
140 242
After tax
169 498
177 200
96 842
81 258
Living cost
19 533
19 533
19 533
19 533
Free-cash
149 965
157 667
77 309
61 725

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71168
₽102311
₽79051
₽65417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
80 541
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
103 118
Employee
80 176
80 176
204 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
39 833
-
health
12 306
10 467
11 577
-
total
39 862
34 591
62 410
-
Employer
80 176
80 176
204 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
128 267
127 284
-
-
income
25 653
25 457
-
-
total
25 653
25 457
-
-
Dividends
102 614
101 827
-
-
income
21 806
21 639
-
-
withholding
15 392
15 275
-
-
total
37 198
36 914
-
-
Income
221 500
221 500
221 500
221 500
Total tax
116 752
111 001
79 858
103 118
After tax
104 748
110 499
141 642
118 382
Living cost
39 331
39 331
39 331
39 331
Free-cash
65 417
71 168
102 311
79 051

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83176
₽71679
₽72595
₽82326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
58 902
national
-
-
-
28 264
pensions
-
-
-
8 947
total
-
-
-
111 142
Employee
53 808
-
195 496
-
municipal
16 046
-
58 297
-
national
-
-
27 757
-
total
16 046
-
86 054
-
Employer
53 808
-
195 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
150 785
221 500
-
-
income
33 173
48 730
-
-
total
33 173
48 730
-
-
Dividends
117 612
172 770
-
-
withholding
35 284
51 831
-
-
total
35 284
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 411
100 561
112 058
111 142
After tax
120 089
120 939
109 442
110 358
Living cost
37 763
37 763
37 763
37 763
Free-cash
82 326
83 176
71 679
72 595

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73601
₽99403
₽70147
₽86796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 691
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.

-
-
-
4 109
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.

-
-
-
6 414
trade
-
-
-
29 256
total
-
-
-
114 470
Employee

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

47 612
-
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.

224
-
4 109
-
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.

4 091
-
74 691
-
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.

6 414
-
6 414
-
total
10 729
-
85 214
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 888
221 500
-
-
income
26 082
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
1 828
-
-
chamber of commerce
390
458
-
-
trade
28 605
36 438
-
-
total
56 511
71 949
-
-
Dividends
117 376
149 551
-
-
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.

1 595
2 036
-
-
withholding
28 986
37 031
-
-
total
30 581
39 067
-
-
Income
221 500
221 500
221 500
221 500
Total tax
97 821
111 016
85 214
114 470
After tax
123 679
110 484
136 286
107 030
Living cost
36 883
36 883
36 883
36 883
Free-cash
86 796
73 601
99 403
70 147

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130950
₽116336
₽118132
₽127058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 076
social contributions
-
-
-
15 191
health
-
-
-
5 648
total
-
-
-
72 915
Employee
72 195
72 195
209 541
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
51 108
-
health
718
1 228
3 562
-
total
11 807
13 903
62 752
-
Employer
72 195
72 195
209 541
-
health
782
1 336
3 877
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
11 959
-
Corporate
174 950
141 977
-
-
income
21 869
17 748
-
-
total
21 869
17 748
-
-
Dividends
153 081
124 229
-
-
withholding
26 023
21 118
-
-
total
26 023
21 118
-
-
Income
221 500
221 500
221 500
221 500
Total tax
63 989
60 097
74 711
72 915
After tax
157 511
161 403
146 789
148 585
Living cost
30 453
30 453
30 453
30 453
Free-cash
127 058
130 950
116 336
118 132

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107480
₽111581
₽136621
₽107830
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
185 356
-
unemployment
364
145
2 780
-
pensions
2 429
967
18 536
-
income
2 969
1 182
22 660
-
health
1 700
677
12 975
-
total
7 462
2 971
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.

24 286
9 665
185 356
-
pensions
4 736
1 885
36 144
-
total
4 736
1 885
36 144
-
Corporate
192 479
209 950
-
-
income
17 323
18 895
-
-
total
17 323
18 895
-
-
Dividends
175 156
191 054
-
-
social contributions
34 045
37 145
-
-
withholding
33 280
36 300
-
-
total
67 325
73 445
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 846
97 196
93 095
68 055
After tax
124 654
124 304
128 405
153 445
Living cost
16 824
16 824
16 824
16 824
Free-cash
107 830
107 480
111 581
136 621

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154523
₽104993
₽96046
₽148689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
29 681
health
-
-
-
28 796
pensions
-
-
-
44 300
total
-
-
-
102 777
Employee
26 635
-
165 546
-
unemployment
426
-
2 649
-
pensions
533
-
3 310
-
income
2 999
-
31 917
-
total
3 958
-
37 876
-
Employer
26 635
-
165 546
-
health
3 462
-
21 521
-
pensions
5 327
-
33 109
-
unemployment
214
-
1 324
-
total
9 003
-
55 954
-
Corporate
185 863
221 500
-
-
income
37 173
44 300
-
-
total
37 173
44 300
-
-
Dividends
148 689
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 134
44 300
93 830
102 777
After tax
171 366
177 200
127 670
118 723
Living cost
22 677
22 677
22 677
22 677
Free-cash
148 689
154 523
104 993
96 046

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2990
₽101278
₽130292
₽14730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
63 650
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
70 277
Employee
32 926
-
202 668
-
pensions
3 708
-
7 259
-
income
4 517
-
49 995
-
health
3 770
-
23 205
-
total
11 995
-
80 459
-
Employer
32 926
-
202 668
-
pensions
5 354
-
10 482
-
accident
550
-
3 385
-
unemployment
807
-
4 965
-
total
6 711
-
18 832
-
Corporate
181 864
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.

163 677
199 350
-
-
total
163 677
199 350
-
-
Dividends
18 186
22 150
-
-
withholding
3 456
4 209
-
-
total
3 456
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 839
203 559
99 291
70 277
After tax
35 661
17 941
122 209
151 223
Living cost
20 931
20 931
20 931
20 931
Free-cash
14 730
-2 990
101 278
130 292

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202874
₽169649
₽211734
₽201459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
221 500
-
income
1 887
-
44 300
-
total
1 887
-
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%.

212 062
221 500
-
-
total
-
-
-
-
Dividends
212 062
221 500
-
-
withholding
10 603
11 075
-
-
total
10 603
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 490
11 075
44 300
2 215
After tax
209 010
210 425
177 200
219 285
Living cost
7 551
7 551
7 551
7 551
Free-cash
201 459
202 874
169 649
211 734

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137719
₽107779
₽109584
₽131381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 570
other
-
-
-
6 781
health
-
-
-
6 282
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.

-
-
-
34 266
total
-
-
-
86 899
Employee
34 090
-
185 184
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
38 968
-
health
477
-
1 999
-
total
9 072
-
52 388
-
Employer
34 090
-
185 184
-
health
477
-
1 999
-
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.

5 796
-
24 272
-
accident
273
-
1 481
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 316
-
Corporate
178 819
221 500
-
-
income
37 551
46 515
-
-
total
37 551
46 515
-
-
Dividends
141 268
174 985
-
-
withholding
9 888
12 249
-
-
total
9 888
12 249
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 102
58 764
88 704
86 899
After tax
156 398
162 736
132 796
134 601
Living cost
25 017
25 017
25 017
25 017
Free-cash
131 381
137 719
107 779
109 584

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76001
₽59972
₽79711
₽83585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 206
pensions
-
-
-
9 587
total
-
-
-
78 793
Employee
89 130
-
192 978
-
pensions
8 599
-
11 385
-
income
16 067
-
56 046
-
health
1 469
-
2 581
-
total
26 135
-
70 012
-
Employer
89 130
-
192 978
-
health
1 693
-
3 666
-
pensions
10 524
-
24 854
-
total
12 217
-
28 520
-
Corporate
120 153
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.

22 829
42 085
-
-
total
22 829
42 085
-
-
Dividends
97 324
179 415
-
-
withholding
13 738
40 418
-
-
total
13 738
40 418
-
-
Income
221 500
221 500
221 500
221 500
Total tax
74 919
82 503
98 532
78 793
After tax
146 581
138 997
122 968
142 707
Living cost
62 996
62 996
62 996
62 996
Free-cash
83 585
76 001
59 972
79 711

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽177073
₽176498
₽167208
₽172713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
41 982
Employee
16 300
-
215 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
21 507
-
health
750
-
1 509
-
total
3 990
-
26 257
-
Employer
16 300
-
215 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
202 001
221 500
-
-
income
20 200
22 150
-
-
total
20 200
22 150
-
-
Dividends
181 801
199 350
-
-
withholding
9 090
9 967
-
-
total
9 090
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 477
32 117
32 692
41 982
After tax
185 023
189 383
188 808
179 518
Living cost
12 310
12 310
12 310
12 310
Free-cash
172 713
177 073
176 498
167 208

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58437
₽89580
₽66320
₽60799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
80 541
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
103 118
Employee
87 046
80 176
204 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
39 833
-
health
10 859
10 467
11 577
-
total
34 983
34 591
62 410
-
Employer
87 046
80 176
204 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
119 213
127 284
-
-
income
23 843
25 457
-
-
total
23 843
25 457
-
-
Dividends
95 371
101 827
-
-
income
20 267
21 639
-
-
withholding
14 305
15 275
-
-
total
34 572
36 914
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 639
111 001
79 858
103 118
After tax
112 861
110 499
141 642
118 382
Living cost
52 062
52 062
52 062
52 062
Free-cash
60 799
58 437
89 580
66 320

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129513
₽98772
₽108583
₽121311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 777
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 165
health
-
-
-
29 903
total
-
-
-
89 927
Employee
33 809
-
177 226
-
solidarity contribution
-
-
2 285
-
social contributions
2 198
-
7 364
-
income
4 057
-
21 890
-
health
4 564
-
23 925
-
total
10 819
-
55 464
-
Employer
33 809
-
177 226
-
health
3 043
-
15 950
-
social contributions
8 452
-
28 324
-
total
11 495
-
44 274
-
Corporate
176 195
221 500
-
-
income
33 477
42 085
-
-
total
33 477
42 085
-
-
Dividends
142 718
179 415
-
-
withholding
21 408
26 912
-
-
total
21 408
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 199
68 997
99 738
89 927
After tax
144 301
152 503
121 762
131 573
Living cost
22 990
22 990
22 990
22 990
Free-cash
121 311
129 513
98 772
108 583

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78562
₽59817
₽67775
₽73660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
2 849
municipal
-
-
-
1 397
national
-
-
-
62 871
total
-
-
-
114 108
Employee
83 442
-
221 500
-
municipal
442
-
1 279
-
national
14 458
-
56 585
-
regional
787
-
2 596
-
social contributions
28 137
-
61 606
-
total
43 824
-
122 066
-
Employer
83 442
-
221 500
-
total
-
-
-
-
Corporate
138 058
221 500
-
-
municipal
5 384
8 638
-
-
nationa
33 134
53 161
-
-
total
38 518
61 799
-
-
Dividends
99 540
159 702
-
-
withholding
25 881
41 522
-
-
total
25 881
41 522
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 223
103 321
122 066
114 108
After tax
113 277
118 179
99 434
107 392
Living cost
39 617
39 617
39 617
39 617
Free-cash
73 660
78 562
59 817
67 775

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118606
₽77620
₽83358
₽115683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 113
other
-
-
-
-
surtax
-
-
-
12 140
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
117 424
Employee
31 048
-
195 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
11 016
-
income
5 204
-
65 497
-
health
793
-
3 195
-
total
10 330
-
96 787
-
Employer
31 048
-
195 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
183 917
221 500
-
-
income
47 819
57 590
-
-
total
47 819
57 590
-
-
Dividends
136 098
163 910
-
-
withholding
20 415
24 586
-
-
total
20 415
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 099
82 176
123 162
117 424
After tax
136 401
139 324
98 338
104 076
Living cost
20 718
20 718
20 718
20 718
Free-cash
115 683
118 606
77 620
83 358

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95960
₽79931
₽99670
₽102185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 206
pensions
-
-
-
9 587
total
-
-
-
78 793
Employee
59 733
-
192 978
-
pensions
5 070
-
11 385
-
income
10 758
-
56 046
-
health
867
-
2 581
-
total
16 695
-
70 012
-
Employer
59 733
-
192 978
-
health
1 135
-
3 666
-
pensions
6 466
-
24 854
-
total
7 601
-
28 520
-
Corporate
154 166
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.

29 291
42 085
-
-
total
29 291
42 085
-
-
Dividends
124 875
179 415
-
-
withholding
22 691
40 418
-
-
total
22 691
40 418
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 278
82 503
98 532
78 793
After tax
145 222
138 997
122 968
142 707
Living cost
43 037
43 037
43 037
43 037
Free-cash
102 185
95 960
79 931
99 670

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27005
₽93305
₽101239
₽58787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 500
health
-
-
-
498
city
-
-
-
2 335
national
-
-
-
5 841
pensions
-
-
-
20 377
total
-
-
-
45 981
Employee
86 926
-
199 446
-
unemployment
-
-
-
-
pensions
7 303
-
15 422
-
national
411
-
4 862
-
regional
2 846
-
11 166
-
city
933
-
2 158
-
health
197
-
448
-
total
11 690
-
34 056
-
Employer
86 926
-
199 446
-
health
197
-
448
-
pensions
7 303
-
15 422
-
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.

1 738
-
3 989
-
total
9 238
-
19 859
-
Corporate
124 380
221 500
-
-
regional
26 306
46 847
-
-
national
10 573
18 828
-
-
total
36 879
65 675
-
-
Dividends
87 501
155 825
-
-
withholding
30 626
54 540
-
-
total
30 626
54 540
-
-
Income
221 500
221 500
221 500
221 500
Total tax
88 433
120 215
53 915
45 981
After tax
133 067
101 285
167 585
175 519
Living cost
74 280
74 280
74 280
74 280
Free-cash
58 787
27 005
93 305
101 239

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66335
₽93275
₽62774
₽81560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 691
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.

-
-
-
4 109
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.

-
-
-
6 414
trade
-
-
-
30 501
total
-
-
-
115 715
Employee

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

56 425
-
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.

365
-
4 109
-
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.

6 635
-
74 691
-
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.

6 414
-
6 414
-
total
13 414
-
85 214
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 075
221 500
-
-
income
24 762
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.

1 361
1 828
-
-
chamber of commerce
374
454
-
-
trade
28 311
37 988
-
-
total
54 808
73 495
-
-
Dividends
110 266
148 005
-
-
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.

1 497
2 015
-
-
withholding
27 210
36 644
-
-
total
28 707
38 659
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 929
112 154
85 214
115 715
After tax
124 571
109 346
136 286
105 785
Living cost
43 010
43 010
43 010
43 010
Free-cash
81 560
66 335
93 275
62 774

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79515
₽81052
₽88193
₽85061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 742
other
-
-
-
6 867
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 118
pensions
-
-
-
34 147
total
-
-
-
101 185
Employee
40 183
-
168 502
-
pensions
4 543
-
12 930
-
surtax
-
-
-
-
social contributions
1 146
-
4 802
-
income
2 371
-
37 597
-
total
8 060
-
55 329
-
Employer
40 183
-
168 502
-
health
2 813
-
17 027
-
pensions
6 601
-
21 550
-
unemployment
1 627
-
6 824
-
social contributions
121
-
506
-
other
1 386
-
7 090
-
total
12 548
-
52 997
-
Corporate
168 769
221 500
-
-
income
47 256
62 019
-
-
surtax
-
-
-
-
total
47 256
62 019
-
-
Dividends
121 513
159 481
-
-
surtax
-
-
-
-
social contributions
20 899
27 431
-
-
withholding
15 554
20 413
-
-
total
36 453
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 317
109 863
108 326
101 185
After tax
117 183
111 637
113 174
120 315
Living cost
32 122
32 122
32 122
32 122
Free-cash
85 061
79 515
81 052
88 193

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
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.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82697
₽84234
₽91375
₽87913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 742
other
-
-
-
6 867
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 118
pensions
-
-
-
34 147
total
-
-
-
101 185
Employee
35 869
-
168 502
-
pensions
4 057
-
12 930
-
surtax
-
-
-
-
social contributions
1 023
-
4 802
-
income
1 849
-
37 597
-
total
6 929
-
55 329
-
Employer
35 869
-
168 502
-
health
2 510
-
17 027
-
pensions
5 894
-
21 550
-
unemployment
1 452
-
6 824
-
social contributions
107
-
506
-
other
1 238
-
7 090
-
total
11 201
-
52 997
-
Corporate
174 430
221 500
-
-
income
48 840
62 019
-
-
surtax
-
-
-
-
total
48 840
62 019
-
-
Dividends
125 590
159 481
-
-
surtax
-
-
-
-
social contributions
21 601
27 431
-
-
withholding
16 076
20 413
-
-
total
37 677
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 647
109 863
108 326
101 185
After tax
116 853
111 637
113 174
120 315
Living cost
28 940
28 940
28 940
28 940
Free-cash
87 913
82 697
84 234
91 375

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115225
₽116121
₽122337
₽115713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 462
total
-
-
-
79 254
Employee
31 834
-
221 500
-
social contributions
4 394
-
30 567
-
income
5 309
-
39 441
-
health
2 222
-
15 462
-
total
11 925
-
85 470
-
Employer
31 834
-
221 500
-
total
-
-
-
-
Corporate
189 666
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%.

9 484
11 075
-
-
total
9 484
11 075
-
-
Dividends
180 182
210 425
-
-
social contributions
24 865
29 038
-
-
withholding
27 027
31 565
-
-
health
12 577
14 688
-
-
total
64 469
75 291
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 878
86 366
85 470
79 254
After tax
135 622
135 134
136 030
142 246
Living cost
19 909
19 909
19 909
19 909
Free-cash
115 713
115 225
116 121
122 337

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88937
₽24799
₽80223
₽87482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 684
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
886
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
108 195
Employee
46 921
37 416
184 302
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
61 372
-
health
1 816
1 449
4 244
-
total
13 840
9 536
81 237
-
Employer
46 921
37 416
184 302
-
chamber of commerce
187
150
738
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
5 529
-
other
2 229
1 776
8 119
-
total
13 688
10 953
37 198
-
Corporate
160 892
173 130
180 738
-
income

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

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

40 224
43 283
45 184
-
total
40 224
43 283
45 184
-
Dividends
120 668
129 848
-
-
withholding
33 184
35 709
-
-
total
33 184
35 709
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 936
99 481
163 619
108 195
After tax
120 564
122 019
57 881
113 305
Living cost
33 082
33 082
33 082
33 082
Free-cash
87 482
88 937
24 799
80 223

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86744
₽40617
₽62158
₽75447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 886
social contributions
-
-
-
23 408
national
-
-
-
89 815
total
-
-
-
125 109
Employee

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

67 159
-
171 557
-
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.

584
-
1 493
-
communal

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

3 503
-
8 948
-
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.

5 037
-
12 867
-
national
20 647
-
65 337
-
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.

3 155
-
8 062
-
total
32 926
-
96 707
-
Employer

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

67 159
-
171 557
-
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.

4 130
-
10 551
-
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.

5 951
-
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.

873
-
2 231
-
unemployment

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

980
-
2 505
-
surtax
7 615
-
19 456
-
total
19 549
-
49 943
-
Corporate
134 793
221 500
-
-
income
26 959
48 200
-
-
surtax
540
964
-
-
total
27 499
49 164
-
-
Dividends
107 294
172 336
-
-
withholding

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

31 846
51 359
-
-
total
31 846
51 359
-
-
Income
221 500
221 500
221 500
221 500
Total tax
111 820
100 523
146 650
125 109
After tax
109 680
120 977
74 850
96 391
Living cost
34 233
34 233
34 233
34 233
Free-cash
75 447
86 744
40 617
62 158

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113061
₽85829
₽89770
₽106628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
71 716
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
97 823
Employee
46 735
-
193 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
68 493
-
total
12 829
-
74 020
-
Employer
46 735
-
193 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
159 868
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.

23 980
33 225
-
-
total
23 980
33 225
-
-
Dividends
135 888
188 275
-
-
withholding
29 259
41 307
-
-
total
29 259
41 307
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 965
74 532
101 764
97 823
After tax
140 535
146 968
119 736
123 677
Living cost
33 907
33 907
33 907
33 907
Free-cash
106 628
113 061
85 829
89 770

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73515
₽61034
₽52207
₽60602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
communal
-
-
-
13 999
accident
-
-
-
1 867
income
-
-
-
42 662
surtax
-
-
-
10 981
health
-
-
-
15 561
pensions
-
-
-
33 200
total
-
-
-
118 270
Employee
71 101
-
197 857
-
pensions
5 687
-
15 829
-
surtax
4 358
-
12 126
-
income
6 868
-
49 039
-
health
3 164
-
8 805
-
total
20 077
-
85 799
-
Employer
71 101
-
197 857
-
health
2 168
-
6 035
-
pensions
5 687
-
15 829
-
accident
640
-
1 780
-
total
8 495
-
23 644
-
Corporate
141 904
221 500
-
-
communal
9 578
14 952
-
-
income
21 286
33 225
-
-
surtax
1 490
2 325
-
-
total
32 354
50 502
-
-
Dividends
109 550
170 998
-
-
income
32 516
20 811
-
-
withholding
16 433
25 649
-
-
total
48 949
46 460
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 875
96 962
109 443
118 270
After tax
111 625
124 538
112 057
103 230
Living cost
51 023
51 023
51 023
51 023
Free-cash
60 602
73 515
61 034
52 207

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118236
₽77250
₽82988
₽115248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 113
other
-
-
-
-
surtax
-
-
-
12 140
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
117 424
Employee
31 618
-
195 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
11 016
-
income
5 301
-
65 497
-
health
807
-
3 195
-
total
10 530
-
96 787
-
Employer
31 618
-
195 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
183 225
221 500
-
-
income
47 639
57 590
-
-
total
47 639
57 590
-
-
Dividends
135 586
163 910
-
-
withholding
20 338
24 586
-
-
total
20 338
24 586
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 164
82 176
123 162
117 424
After tax
136 336
139 324
98 338
104 076
Living cost
21 088
21 088
21 088
21 088
Free-cash
115 248
118 236
77 250
82 988

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91133
₽73494
₽81407
₽89051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
3 543
municipal
-
-
-
1 397
national
-
-
-
62 871
total
-
-
-
114 802
Employee
52 081
-
221 500
-
municipal
276
-
1 279
-
national
8 251
-
56 585
-
regional
701
-
3 245
-
social contributions
17 562
-
61 606
-
total
26 790
-
122 715
-
Employer
52 081
-
221 500
-
total
-
-
-
-
Corporate
169 419
221 500
-
-
municipal
8 420
11 009
-
-
nationa
40 660
53 161
-
-
total
49 080
64 170
-
-
Dividends
120 339
157 330
-
-
withholding
31 288
40 906
-
-
total
31 288
40 906
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 158
105 076
122 715
114 802
After tax
114 342
116 424
98 785
106 698
Living cost
25 291
25 291
25 291
25 291
Free-cash
89 051
91 133
73 494
81 407

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124173
₽93432
₽103243
₽114066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 777
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 165
health
-
-
-
29 903
total
-
-
-
89 927
Employee
41 662
-
177 226
-
solidarity contribution
-
-
2 285
-
social contributions
2 708
-
7 364
-
income
4 999
-
21 890
-
health
5 624
-
23 925
-
total
13 331
-
55 464
-
Employer
41 662
-
177 226
-
health
3 750
-
15 950
-
social contributions
10 416
-
28 324
-
total
14 166
-
44 274
-
Corporate
165 673
221 500
-
-
income
31 478
42 085
-
-
total
31 478
42 085
-
-
Dividends
134 195
179 415
-
-
withholding
20 129
26 912
-
-
total
20 129
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 104
68 997
99 738
89 927
After tax
142 396
152 503
121 762
131 573
Living cost
28 330
28 330
28 330
28 330
Free-cash
114 066
124 173
93 432
103 243

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92167
₽27968
₽83536
₽91702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 684
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
886
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
108 010
Employee
41 041
37 416
184 475
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
61 460
-
health
1 587
1 449
4 244
-
total
11 087
9 536
81 325
-
Employer
41 041
37 416
184 475
-
chamber of commerce
164
150
738
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
5 534
-
other
1 949
1 776
8 126
-
total
11 811
10 768
37 025
-
Corporate
168 648
173 316
180 911
-
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.

42 162
43 329
45 228
-
total
42 162
43 329
45 228
-
Dividends
126 486
129 987
-
-
withholding
34 784
35 746
-
-
total
34 784
35 746
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 844
99 379
163 578
108 010
After tax
121 656
122 121
57 922
113 490
Living cost
29 954
29 954
29 954
29 954
Free-cash
91 702
92 167
27 968
83 536

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198658
₽165433
₽207518
₽196451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
221 500
-
income
2 942
-
44 300
-
total
2 942
-
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%.

206 791
221 500
-
-
total
-
-
-
-
Dividends
206 791
221 500
-
-
withholding
10 340
11 075
-
-
total
10 340
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 282
11 075
44 300
2 215
After tax
208 218
210 425
177 200
219 285
Living cost
11 767
11 767
11 767
11 767
Free-cash
196 451
198 658
165 433
207 518

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
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.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127318
₽71756
₽76566
₽119466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 172
unemployment
-
-
-
331
health
-
-
-
21 796
pensions
-
-
-
40 452
total
-
-
-
119 751
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.

41 517
-
191 657
-
unemployment
59
-
269
-
pensions
6 435
-
29 706
-
income
7 160
-
52 361
-
health
2 681
-
12 381
-
total
16 335
-
94 717
-
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.

41 517
-
191 657
-
health
2 765
-
12 766
-
pensions
3 674
-
16 962
-
unemployment
25
-
116
-
total
6 464
-
29 844
-
Corporate
173 519
221 500
-
-
income
32 969
42 086
-
-
total
32 969
42 086
-
-
Dividends
140 550
179 414
-
-
withholding
21 083
26 913
-
-
total
21 083
26 913
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 851
68 999
124 561
119 751
After tax
144 649
152 501
96 939
101 749
Living cost
25 183
25 183
25 183
25 183
Free-cash
119 466
127 318
71 756
76 566

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94660
₽169173
₽112973
₽50453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
82 926
221 500
-
-
income
18 244
48 730
-
-
total
18 244
48 730
-
-
Dividends
64 682
172 770
-
-
income
14 230
38 009
-
-
total
14 230
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
130 946
86 739
12 226
68 426
After tax
90 554
134 761
209 274
153 074
Living cost
40 101
40 101
40 101
40 101
Free-cash
50 453
94 660
169 173
112 973

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96538
₽67891
₽85573
₽95594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 506
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 477
Employee
43 181
-
178 990
-
surtax
-
-
419
-
social contributions
4 750
-
19 690
-
income
8 982
-
61 540
-
total
13 732
-
81 649
-
Employer
43 181
-
178 990
-
social contributions
10 255
-
42 510
-
total
10 255
-
42 510
-
Corporate
168 063
221 500
-
-
income
35 294
46 515
-
-
surtax
-
-
-
-
total
35 294
46 515
-
-
Dividends
132 770
174 985
-
-
withholding
37 175
48 997
-
-
total
37 175
48 997
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 456
95 512
124 159
106 477
After tax
125 044
125 988
97 341
115 023
Living cost
29 450
29 450
29 450
29 450
Free-cash
95 594
96 538
67 891
85 573

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66290
₽67827
₽74968
₽72742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 742
other
-
-
-
6 867
surtax
-
-
-
-
social contributions
-
-
-
6 311
health
-
-
-
11 118
pensions
-
-
-
34 147
total
-
-
-
101 185
Employee
58 804
-
168 502
-
pensions
6 651
-
12 930
-
surtax
-
-
-
-
social contributions
1 675
-
4 802
-
income
5 131
-
37 597
-
total
13 457
-
55 329
-
Employer
58 804
-
168 502
-
health
4 116
-
17 027
-
pensions
9 662
-
21 550
-
unemployment
2 382
-
6 824
-
social contributions
176
-
506
-
other
2 029
-
7 090
-
total
18 365
-
52 997
-
Corporate
144 330
221 500
-
-
income
40 413
62 019
-
-
surtax
-
-
-
-
total
40 413
62 019
-
-
Dividends
103 918
159 481
-
-
surtax
-
-
-
-
social contributions
17 874
27 431
-
-
withholding
13 302
20 413
-
-
total
31 176
47 844
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 411
109 863
108 326
101 185
After tax
118 089
111 637
113 174
120 315
Living cost
45 347
45 347
45 347
45 347
Free-cash
72 742
66 290
67 827
74 968

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171128
₽138859
₽132973
₽167974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 576
social contributions
-
-
-
48 729
total
-
-
-
60 305
Employee
30 184
-
191 774
-
income
-
-
12 230
-
social contributions
1 962
-
12 465
-
total
1 962
-
24 695
-
Employer
30 184
-
191 774
-
social contributions
4 679
-
29 724
-
total
4 679
-
29 724
-
Corporate
186 637
221 500
-
-
income
18 663
22 150
-
-
total
18 663
22 150
-
-
Dividends
167 974
199 350
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 304
22 150
54 419
60 305
After tax
196 196
199 350
167 081
161 195
Living cost
28 222
28 222
28 222
28 222
Free-cash
167 974
171 128
138 859
132 973

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16942
₽16942
₽82177
₽9598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 655
municipal
-
-
-
47 806
national
-
-
-
27 832
pensions
-
-
-
814
total
-
-
-
94 107
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
16 943
-
-
-
income
3 728
-
-
-
total
3 728
-
-
-
Dividends
13 216
-
-
-
withholding
3 616
-
-
-
total
3 616
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
166 686
159 342
159 342
94 107
After tax
54 814
62 158
62 158
127 393
Living cost
45 216
45 216
45 216
45 216
Free-cash
9 598
16 942
16 942
82 177

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2681
₽101587
₽130601
₽14779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
63 650
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
70 277
Employee
32 441
-
202 668
-
pensions
3 653
-
7 259
-
income
4 450
-
49 995
-
health
3 715
-
23 205
-
total
11 818
-
80 459
-
Employer
32 441
-
202 668
-
pensions
5 275
-
10 482
-
accident
542
-
3 385
-
unemployment
795
-
4 965
-
total
6 612
-
18 832
-
Corporate
182 448
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.

164 203
199 350
-
-
total
164 203
199 350
-
-
Dividends
18 245
22 150
-
-
withholding
3 466
4 209
-
-
total
3 466
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
186 099
203 559
99 291
70 277
After tax
35 401
17 941
122 209
151 223
Living cost
20 622
20 622
20 622
20 622
Free-cash
14 779
-2 681
101 587
130 601

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99265
₽73295
₽98665
₽102164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 020
municipal
-
-
-
39 326
national
-
-
-
44 443
total
-
-
-
86 789
Employee
49 396
-
186 338
-
municipal
8 091
-
30 328
-
unemployment
741
-
2 795
-
pensions
3 334
-
12 577
-
national
816
-
28 819
-
health
369
-
2 478
-
total
13 351
-
76 997
-
Employer
49 396
-
186 338
-
health
380
-
1 434
-
pensions
8 570
-
32 329
-
accident
50
-
187
-
unemployment
321
-
1 212
-
total
9 321
-
35 162
-
Corporate
162 784
221 500
-
-
income
32 557
44 300
-
-
total
32 557
44 300
-
-
Dividends

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

97 670
132 900
-
-
municipal
17 580
23 921
-
-
national
10 481
17 968
-
-
total
28 061
41 889
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 290
86 189
112 159
86 789
After tax
138 210
135 311
109 341
134 711
Living cost
36 046
36 046
36 046
36 046
Free-cash
102 164
99 265
73 295
98 665

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139665
₽125051
₽126847
₽134555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 076
social contributions
-
-
-
15 191
health
-
-
-
5 648
total
-
-
-
72 915
Employee
72 195
72 195
209 541
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
51 108
-
health
559
1 228
3 562
-
total
11 150
13 903
62 752
-
Employer
72 195
72 195
209 541
-
health
608
1 336
3 877
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
11 959
-
Corporate
185 275
141 977
-
-
income
23 160
17 748
-
-
total
23 160
17 748
-
-
Dividends
162 115
124 229
-
-
withholding
27 559
21 118
-
-
total
27 559
21 118
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 207
60 097
74 711
72 915
After tax
156 293
161 403
146 789
148 585
Living cost
21 738
21 738
21 738
21 738
Free-cash
134 555
139 665
125 051
126 847

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168517
₽155366
₽174196
₽163741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 000
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
32 397
Employee

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

21 550
-
212 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
20 671
-
health
1 832
-
7 572
-
total
6 644
-
42 051
-
Employer

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

21 550
-
212 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
197 731
221 500
-
-
income
17 796
19 935
-
-
total
17 796
19 935
-
-
Dividends
179 936
201 565
-
-
withholding
16 194
18 141
-
-
total
16 194
18 141
-
-
Income
221 500
221 500
221 500
221 500
Total tax
42 852
38 076
51 227
32 397
After tax
178 648
183 424
170 273
189 103
Living cost
14 907
14 907
14 907
14 907
Free-cash
163 741
168 517
155 366
174 196

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121150
₽93918
₽97859
₽117003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
71 716
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
97 823
Employee
34 716
-
193 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
68 493
-
total
8 897
-
74 020
-
Employer
34 716
-
193 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
175 716
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.

26 357
33 225
-
-
total
26 357
33 225
-
-
Dividends
149 360
188 275
-
-
withholding
32 357
41 307
-
-
total
32 357
41 307
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 679
74 532
101 764
97 823
After tax
142 821
146 968
119 736
123 677
Living cost
25 818
25 818
25 818
25 818
Free-cash
117 003
121 150
93 918
97 859

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136319
₽140830
₽140964
₽136007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 252
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
78 639
Employee
2 889
-
219 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
76 179
-
health
144
-
346
-
total
992
-
77 217
-
Employer
2 889
-
219 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
217 960
221 500
-
-
income
47 951
48 730
-
-
total
47 951
48 730
-
-
Dividends
170 009
172 770
-
-
withholding
34 002
34 554
-
-
total
34 002
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 596
83 284
78 773
78 639
After tax
137 904
138 216
142 727
142 861
Living cost
1 897
1 897
1 897
1 897
Free-cash
136 007
136 319
140 830
140 964

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
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.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143789
₽127562
₽127563
₽139164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 451
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
77 692
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.

24 497
-
209 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
51 451
-
health
1 262
-
3 575
-
total
8 253
-
65 266
-
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.

24 497
-
209 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
192 618
221 500
-
-
income
28 893
33 225
-
-
total
28 893
33 225
-
-
Dividends
163 726
188 275
-
-
withholding
24 559
28 241
-
-
total
24 559
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 091
61 466
77 693
77 692
After tax
155 409
160 034
143 807
143 808
Living cost
16 245
16 245
16 245
16 245
Free-cash
139 164
143 789
127 562
127 563

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100676
₽72029
₽89711
₽100340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 506
surtax
-
-
-
-
social contributions

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

-
-
-
76 971
total
-
-
-
106 477
Employee
36 440
-
178 990
-
surtax
-
-
419
-
social contributions
4 009
-
19 690
-
income
7 120
-
61 540
-
total
11 129
-
81 649
-
Employer
36 440
-
178 990
-
social contributions
8 654
-
42 510
-
total
8 654
-
42 510
-
Corporate
176 406
221 500
-
-
income
37 045
46 515
-
-
surtax
-
-
-
-
total
37 045
46 515
-
-
Dividends
139 361
174 985
-
-
withholding
39 021
48 997
-
-
total
39 021
48 997
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 849
95 512
124 159
106 477
After tax
125 651
125 988
97 341
115 023
Living cost
25 312
25 312
25 312
25 312
Free-cash
100 340
100 676
72 029
89 711

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113972
₽86740
₽90681
₽107828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
71 716
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
97 823
Employee
45 344
-
193 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
68 493
-
total
12 349
-
74 020
-
Employer
45 344
-
193 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
161 700
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.

24 254
33 225
-
-
total
24 254
33 225
-
-
Dividends
137 445
188 275
-
-
withholding
29 617
41 307
-
-
total
29 617
41 307
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 676
74 532
101 764
97 823
After tax
140 824
146 968
119 736
123 677
Living cost
32 996
32 996
32 996
32 996
Free-cash
107 828
113 972
86 740
90 681

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173232
₽172657
₽163367
₽167508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
41 982
Employee
21 387
-
215 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
21 507
-
health
984
-
1 509
-
total
5 236
-
26 257
-
Employer
21 387
-
215 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
195 917
221 500
-
-
income
19 592
22 150
-
-
total
19 592
22 150
-
-
Dividends
176 325
199 350
-
-
withholding
8 817
9 967
-
-
total
8 817
9 967
-
-
Income
221 500
221 500
221 500
221 500
Total tax
37 841
32 117
32 692
41 982
After tax
183 659
189 383
188 808
179 518
Living cost
16 151
16 151
16 151
16 151
Free-cash
167 508
173 232
172 657
163 367

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77652
₽100038
₽74517
₽89938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
74 691
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.

-
-
-
4 109
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.

-
-
-
6 414
trade
-
-
-
25 521
total
-
-
-
110 735
Employee

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

46 715
-
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.

212
-
4 109
-
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.

3 841
-
74 691
-
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.

6 414
-
6 414
-
total
10 467
-
85 214
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 785
221 500
-
-
income
26 218
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.

1 441
1 828
-
-
chamber of commerce
399
467
-
-
trade
25 081
31 786
-
-
total
53 139
67 306
-
-
Dividends
121 646
154 195
-
-
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.

1 653
2 101
-
-
withholding
30 055
38 193
-
-
total
31 708
40 294
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 314
107 600
85 214
110 735
After tax
126 186
113 900
136 286
110 765
Living cost
36 248
36 248
36 248
36 248
Free-cash
89 938
77 652
100 038
74 517

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101566
₽56679
₽56679
₽103640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 082
social contributions
-
-
-
38 256
total
-
-
-
111 338
Employee
73 441
-
221 500
-
income
13 858
-
73 082
-
social contributions
6 101
-
38 256
-
total
19 959
-
111 338
-
Employer
73 441
-
221 500
-
total
-
-
-
-
Corporate
148 059
221 500
-
-
income
18 507
27 688
-
-
total
18 507
27 688
-
-
Dividends
129 552
193 812
-
-
withholding
25 911
38 763
-
-
total
25 911
38 763
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 377
66 451
111 338
111 338
After tax
157 123
155 049
110 162
110 162
Living cost
53 483
53 483
53 483
53 483
Free-cash
103 640
101 566
56 679
56 679

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104933
₽119984
₽148513
₽108216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 680
total
-
-
-
38 905
Employee
43 070
-
217 181
-
income
4 673
-
58 796
-
social contributions
4 315
-
4 319
-
total
8 988
-
63 115
-
Employer
43 070
-
217 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
174 115
221 500
-
-
income
60 939
77 525
-
-
total
60 939
77 525
-
-
Dividends
113 175
143 975
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 202
82 485
67 434
38 905
After tax
142 298
139 015
154 066
182 595
Living cost
34 082
34 082
34 082
34 082
Free-cash
108 216
104 933
119 984
148 513

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104009
₽87980
₽107719
₽109586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 206
pensions
-
-
-
9 587
total
-
-
-
78 793
Employee
48 026
-
192 978
-
pensions
3 666
-
11 385
-
income
8 746
-
56 046
-
health
626
-
2 581
-
total
13 038
-
70 012
-
Employer
48 026
-
192 978
-
health
913
-
3 666
-
pensions
4 852
-
24 854
-
total
5 765
-
28 520
-
Corporate
167 709
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.

31 866
42 085
-
-
total
31 866
42 085
-
-
Dividends
135 843
179 415
-
-
withholding
26 257
40 418
-
-
total
26 257
40 418
-
-
Income
221 500
221 500
221 500
221 500
Total tax
76 926
82 503
98 532
78 793
After tax
144 574
138 997
122 968
142 707
Living cost
34 988
34 988
34 988
34 988
Free-cash
109 586
104 009
87 980
107 719

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4723
₽99545
₽128559
₽14466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
63 650
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
70 277
Employee
35 652
-
202 668
-
pensions
4 014
-
7 259
-
income
4 891
-
49 995
-
health
4 082
-
23 205
-
total
12 987
-
80 459
-
Employer
35 652
-
202 668
-
pensions
5 797
-
10 482
-
accident
595
-
3 385
-
unemployment
873
-
4 965
-
total
7 265
-
18 832
-
Corporate
178 583
221 500
-
-
income

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

160 725
199 350
-
-
total
160 725
199 350
-
-
Dividends
17 858
22 150
-
-
withholding
3 393
4 209
-
-
total
3 393
4 209
-
-
Income
221 500
221 500
221 500
221 500
Total tax
184 370
203 559
99 291
70 277
After tax
37 130
17 941
122 209
151 223
Living cost
22 664
22 664
22 664
22 664
Free-cash
14 466
-4 723
99 545
128 559

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156760
₽150791
₽130140
₽153919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 368
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
78 673
Employee

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

20 298
-
221 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
37 368
-
total
7 612
-
58 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 202
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%.

20 120
22 150
-
-
total
20 120
22 150
-
-
Dividends
181 081
199 350
-
-
withholding
27 162
29 903
-
-
total
27 162
29 903
-
-
Income
221 500
221 500
221 500
221 500
Total tax
54 894
52 053
58 022
78 673
After tax
166 606
169 447
163 478
142 827
Living cost
12 687
12 687
12 687
12 687
Free-cash
153 919
156 760
150 791
130 140

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79267
₽59455
₽67167
₽74997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
5 497
municipal
-
-
-
1 571
national
-
-
-
62 871
total
-
-
-
116 930
Employee
79 116
-
221 500
-
municipal
472
-
1 440
-
national
13 370
-
56 585
-
regional
1 194
-
5 011
-
social contributions
26 677
-
61 606
-
total
41 713
-
124 642
-
Employer
79 116
-
221 500
-
total
-
-
-
-
Corporate
142 384
221 500
-
-
municipal
6 863
10 676
-
-
nationa
34 173
53 161
-
-
total
41 036
63 837
-
-
Dividends
101 348
157 664
-
-
withholding
26 351
40 993
-
-
total
26 351
40 993
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 100
104 830
124 642
116 930
After tax
112 400
116 670
96 858
104 570
Living cost
37 403
37 403
37 403
37 403
Free-cash
74 997
79 267
59 455
67 167

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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