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
₽81219
₽92328
₽79235
₽106767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
trade
-
-
-
27 532
income

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

-
-
-
73 410
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.

-
-
-
6 862
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.

-
-
-
4 037
total
-
-
-
111 841
Employee

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

38 418
-
221 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

59
-
4 037
-
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.

1 073
-
73 410
-
total
7 994
-
84 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 082
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.

1 510
1 828
-
-
income
27 463
33 225
-
-
trade
28 836
34 886
-
-
chamber of commerce
416
471
-
-
total
58 225
70 410
-
-
Dividends
124 858
151 090
-
-
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.

1 696
2 057
-
-
withholding
30 833
37 390
-
-
total
32 529
39 447
-
-
Income
221 500
221 500
221 500
221 500
Total tax
98 748
109 857
84 309
111 841
After tax
122 752
111 643
137 191
109 659
Living cost
30 423
30 423
30 423
30 423
Free-cash
92 328
81 219
106 767
79 235

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87533
₽86690
₽75744
₽76934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
24 587
pensions
-
-
-
26 580
national
-
-
-
41 525
social contributions
-
-
-
2 381
total
-
-
-
95 073
Employee
78 568
-
191 485
-
municipal
9 704
-
25 444
-
pensions
3 143
-
7 659
-
national
15 038
-
43 403
-
total
27 885
-
76 506
-
Employer
78 568
-
191 485
-
social contributions
845
-
2 058
-
pensions
6 285
-
15 319
-
total
7 130
-
17 377
-
Corporate
130 617
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%.

26 123
44 300
-
-
total
26 123
44 300
-
-
Dividends
104 493
177 200
-
-
withholding
22 989
38 984
-
-
total
22 989
38 984
-
-
Income
221 500
221 500
221 500
221 500
Total tax
84 127
83 284
93 883
95 073
After tax
137 373
138 216
127 617
126 427
Living cost
50 683
50 683
50 683
50 683
Free-cash
86 690
87 533
76 934
75 744

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156303
₽148062
₽59368
₽75172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
221 500
microenterprise
-
-
-
-
income
-
-
-
46 269
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.

-
-
-
38 484
total
-
-
-
141 235
Employee
29 350
-
173 569
-
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.

3 229
-
13 167
-
surtax
-
-
25 168
-
income
5 225
-
39 166
-
total
8 454
-
77 501
-
Employer
29 350
-
173 569
-
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.

7 070
-
28 837
-
surtax
-
-
19 093
-
total
7 070
-
47 930
-
Corporate
185 080
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%.

37 017
44 300
-
-
total
37 017
44 300
-
-
Dividends

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

148 064
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
52 541
44 300
125 431
141 235
After tax
168 959
177 200
96 069
80 265
Living cost
20 897
20 897
20 897
20 897
Free-cash
148 062
156 303
75 172
59 368

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68253
₽62099
₽77108
₽99591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 161
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
102 315
Employee
85 775
85 775
202 834
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
37 012
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
61 166
-
Employer
85 775
85 775
202 834
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
121 757
120 705
-
-
income
24 352
24 141
-
-
total
24 352
24 141
-
-
Dividends
97 405
96 564
-
-
income
20 698
20 519
-
-
withholding
14 610
14 484
-
-
total
35 308
35 003
-
-
Income
221 500
221 500
221 500
221 500
Total tax
117 324
111 170
79 832
102 315
After tax
104 176
110 330
141 668
119 185
Living cost
42 077
42 077
42 077
42 077
Free-cash
62 099
68 253
99 591
77 108

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81978
₽81103
₽71724
₽70779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
58 675
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
27 403
total
-
-
-
110 815
Employee
55 516
-
194 671
-
municipal
16 555
-
58 051
-
national
-
-
26 880
-
total
16 555
-
84 931
-
Employer
55 516
-
194 671
-
accident
111
-
171
-
other
6 451
-
9 922
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 251
-
total
17 443
-
26 829
-
Corporate
148 541
221 500
-
-
income
32 679
48 730
-
-
total
32 679
48 730
-
-
Dividends
115 862
172 770
-
-
withholding
34 759
51 831
-
-
total
34 759
51 831
-
-
Income
221 500
221 500
221 500
221 500
Total tax
101 436
100 561
111 760
110 815
After tax
120 064
120 939
109 740
110 685
Living cost
38 961
38 961
38 961
38 961
Free-cash
81 103
81 978
70 779
71 724

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71046
₽85160
₽68978
₽97733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
trade
-
-
-
28 755
income

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

-
-
-
73 410
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.

-
-
-
6 862
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.

-
-
-
4 037
total
-
-
-
113 064
Employee

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

50 937
-
221 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

240
-
4 037
-
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.

4 376
-
73 410
-
total
11 478
-
84 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 563
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.

1 407
1 828
-
-
income
25 584
33 225
-
-
trade
28 058
36 437
-
-
chamber of commerce
395
467
-
-
total
55 444
71 957
-
-
Dividends
115 120
149 543
-
-
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.

1 561
2 036
-
-
withholding
28 399
37 003
-
-
total
29 960
39 039
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 882
110 996
84 309
113 064
After tax
124 618
110 504
137 191
108 436
Living cost
39 458
39 458
39 458
39 458
Free-cash
85 160
71 046
97 733
68 978

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128862
₽124697
₽116585
₽114756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 437
health
-
-
-
5 648
social contributions
-
-
-
16 251
total
-
-
-
72 336
Employee
77 236
77 236
208 988
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 553
-
income
8 110
7 150
49 454
-
total
12 631
14 873
61 653
-
Employer
77 236
77 236
208 988
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 866
-
total
4 590
7 840
12 512
-
Corporate
171 700
136 424
-
-
income
21 463
17 054
-
-
total
21 463
17 054
-
-
Dividends
150 237
119 370
-
-
withholding
25 540
20 292
-
-
total
25 540
20 292
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 224
60 059
74 165
72 336
After tax
157 276
161 441
147 335
149 164
Living cost
32 579
32 579
32 579
32 579
Free-cash
124 697
128 862
114 756
116 585

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106102
₽106483
₽135213
₽110173
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
185 356
-
health
1 842
733
12 975
-
income
3 217
1 281
22 660
-
pensions
2 632
1 047
18 536
-
unemployment
395
157
2 780
-
total
8 086
3 218
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.

26 319
10 475
185 356
-
pensions
5 132
2 043
36 144
-
total
5 132
2 043
36 144
-
Corporate
190 049
208 983
-
-
income
17 104
18 808
-
-
total
17 104
18 808
-
-
Dividends
172 944
190 174
-
-
social contributions
33 604
36 964
-
-
withholding
32 859
36 133
-
-
total
66 463
73 097
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 785
97 166
93 095
68 055
After tax
124 715
124 334
128 405
153 445
Living cost
18 232
18 232
18 232
18 232
Free-cash
106 483
106 102
110 173
135 213

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152939
₽146698
₽94461
₽103407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
29 682
pensions
-
-
-
44 300
health
-
-
-
28 796
total
-
-
-
102 778
Employee
28 494
-
165 544
-
income
3 208
-
31 918
-
pensions
570
-
3 311
-
unemployment
456
-
2 649
-
total
4 234
-
37 878
-
Employer
28 494
-
165 544
-
unemployment
229
-
1 325
-
pensions
5 699
-
33 109
-
health
3 704
-
21 520
-
total
9 632
-
55 954
-
Corporate
183 374
221 500
-
-
income
36 675
44 300
-
-
total
36 675
44 300
-
-
Dividends
146 699
177 200
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
50 541
44 300
93 832
102 778
After tax
170 959
177 200
127 668
118 722
Living cost
24 261
24 261
24 261
24 261
Free-cash
146 698
152 939
103 407
94 461

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4102
₽14560
₽129213
₽99851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
63 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
70 243
Employee
34 676
-
202 133
-
health
3 970
-
23 144
-
income
4 757
-
49 449
-
pensions
3 905
-
7 645
-
total
12 632
-
80 238
-
Employer
34 676
-
202 133
-
accident
579
-
3 376
-
unemployment
850
-
4 952
-
pensions
5 639
-
11 039
-
total
7 068
-
19 367
-
Corporate
179 757
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.

161 781
199 350
-
-
total
161 781
199 350
-
-
Dividends
17 976
22 150
-
-
withholding
3 415
4 208
-
-
total
3 415
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
184 896
203 558
99 605
70 243
After tax
36 604
17 942
121 895
151 257
Living cost
22 044
22 044
22 044
22 044
Free-cash
14 560
-4 102
99 851
129 213

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201325
₽199619
₽210185
₽168100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
221 500
-
income
2 275
-
44 300
-
total
2 275
-
44 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

210 126
221 500
-
-
total
-
-
-
-
Dividends
210 126
221 500
-
-
withholding
10 506
11 075
-
-
total
10 506
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
12 781
11 075
44 300
2 215
After tax
208 719
210 425
177 200
219 285
Living cost
9 100
9 100
9 100
9 100
Free-cash
199 619
201 325
168 100
210 185

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135972
₽129188
₽105635
₽103795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
38 467
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.

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
89 101
Employee
36 470
-
182 770
-
health
511
-
2 139
-
income
6 279
-
37 853
-
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.

2 552
-
10 691
-
unemployment
364
-
1 527
-
total
9 706
-
52 210
-
Employer
36 470
-
182 770
-
accident
292
-
1 462
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
pensions

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

6 201
-
25 967
-
health
511
-
2 139
-
total
9 192
-
38 731
-
Corporate
175 839
221 500
-
-
income
36 927
46 515
-
-
total
36 927
46 515
-
-
Dividends
138 912
174 985
-
-
withholding
9 723
12 249
-
-
total
9 723
12 249
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 548
58 764
90 941
89 101
After tax
155 952
162 736
130 559
132 399
Living cost
26 764
26 764
26 764
26 764
Free-cash
129 188
135 972
103 795
105 635

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73062
₽81140
₽76418
₽56619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 059
pensions
-
-
-
9 922
total
-
-
-
77 981
Employee
94 938
-
193 080
-
health
1 564
-
2 625
-
income
17 114
-
54 858
-
pensions
9 159
-
11 877
-
total
27 837
-
69 360
-
Employer
94 938
-
193 080
-
pensions
11 209
-
24 752
-
health
1 803
-
3 668
-
total
13 012
-
28 420
-
Corporate
113 550
221 500
-
-
income

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

21 575
42 084
-
-
total
21 575
42 084
-
-
Dividends
91 975
179 416
-
-
withholding
10 835
39 253
-
-
total
10 835
39 253
-
-
Income
221 500
221 500
221 500
221 500
Total tax
73 259
81 337
97 780
77 981
After tax
148 241
140 163
123 720
143 519
Living cost
67 101
67 101
67 101
67 101
Free-cash
81 140
73 062
56 619
76 418

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and 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

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
₽176214
₽171550
₽165741
₽174908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
42 591
Employee
17 436
-
214 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
21 461
-
pensions

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

1 531
-
3 080
-
total
4 268
-
26 541
-
Employer
17 436
-
214 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
200 643
221 500
-
-
income
20 064
22 150
-
-
total
20 064
22 150
-
-
Dividends
180 579
199 350
-
-
withholding
9 029
9 968
-
-
total
9 029
9 968
-
-
Income
221 500
221 500
221 500
221 500
Total tax
36 782
32 118
33 424
42 591
After tax
184 718
189 382
188 076
178 909
Living cost
13 168
13 168
13 168
13 168
Free-cash
171 550
176 214
174 908
165 741

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54633
₽57157
₽63488
₽85971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 161
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
102 315
Employee
93 124
85 775
202 834
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
37 012
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
61 166
-
Employer
93 124
85 775
202 834
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
112 071
120 705
-
-
income
22 414
24 141
-
-
total
22 414
24 141
-
-
Dividends
89 658
96 564
-
-
income
19 052
20 519
-
-
withholding
13 449
14 484
-
-
total
32 501
35 003
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 646
111 170
79 832
102 315
After tax
112 854
110 330
141 668
119 185
Living cost
55 697
55 697
55 697
55 697
Free-cash
57 157
54 633
85 971
63 488

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128483
₽119913
₽106753
₽97053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 555
health
-
-
-
29 902
solidarity contribution
-
-
-
2 706
social contributions
-
-
-
34 564
total
-
-
-
90 727
Employee
35 324
-
176 062
-
social contributions
2 296
-
7 694
-
health
4 769
-
23 768
-
solidarity contribution
-
-
1 836
-
income
4 239
-
21 690
-
total
11 304
-
54 988
-
Employer
35 324
-
176 062
-
social contributions
8 831
-
29 593
-
health
3 179
-
15 846
-
total
12 010
-
45 439
-
Corporate
174 166
221 500
-
-
income
33 092
42 085
-
-
total
33 092
42 085
-
-
Dividends
141 074
179 415
-
-
withholding
21 161
26 912
-
-
total
21 161
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 567
68 997
100 427
90 727
After tax
143 933
152 503
121 073
130 773
Living cost
24 020
24 020
24 020
24 020
Free-cash
119 913
128 483
97 053
106 753

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75796
₽70550
₽64084
₽55571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
1 370
regional
-
-
-
2 780
national
-
-
-
60 610
social contributions
-
-
-
50 272
total
-
-
-
115 032
Employee
89 268
-
221 500
-
social contributions
30 101
-
65 907
-
regional
842
-
2 507
-
municipal
473
-
1 245
-
national
15 468
-
53 886
-
total
46 884
-
123 545
-
Employer
89 268
-
221 500
-
total
-
-
-
-
Corporate
132 232
221 500
-
-
nationa
31 735
53 159
-
-
municipal
5 158
8 638
-
-
total
36 893
61 797
-
-
Dividends
95 339
159 702
-
-
withholding
24 789
41 523
-
-
total
24 789
41 523
-
-
Income
221 500
221 500
221 500
221 500
Total tax
108 566
103 320
123 545
115 032
After tax
112 934
118 180
97 955
106 468
Living cost
42 384
42 384
42 384
42 384
Free-cash
70 550
75 796
55 571
64 084

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117160
₽114033
₽82065
₽75922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 119
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
11 595
total
-
-
-
117 271
Employee
33 216
-
193 282
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
10 394
-
income
5 568
-
63 111
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 330
-
total
11 052
-
95 195
-
Employer
33 216
-
193 282
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
181 292
221 500
-
-
income
47 136
57 589
-
-
total
47 136
57 589
-
-
Dividends
134 156
163 911
-
-
withholding
20 123
24 587
-
-
total
20 123
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 303
82 176
123 414
117 271
After tax
136 197
139 324
98 086
104 229
Living cost
22 164
22 164
22 164
22 164
Free-cash
114 033
117 160
75 922
82 065

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94321
₽100949
₽97677
₽77878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 059
pensions
-
-
-
9 922
total
-
-
-
77 981
Employee
63 625
-
193 080
-
health
924
-
2 625
-
income
11 459
-
54 858
-
pensions
5 400
-
11 877
-
total
17 783
-
69 360
-
Employer
63 625
-
193 080
-
pensions
6 887
-
24 752
-
health
1 209
-
3 668
-
total
8 096
-
28 420
-
Corporate
149 779
221 500
-
-
income

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

28 458
42 084
-
-
total
28 458
42 084
-
-
Dividends
121 322
179 416
-
-
withholding
20 372
39 253
-
-
total
20 372
39 253
-
-
Income
221 500
221 500
221 500
221 500
Total tax
74 709
81 337
97 780
77 981
After tax
146 791
140 163
123 720
143 519
Living cost
45 842
45 842
45 842
45 842
Free-cash
100 949
94 321
77 878
97 677

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24893
₽57580
₽99478
₽91285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
city
-
-
-
2 335
pensions
-
-
-
20 376
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
-
-
-
12 351
health
-
-
-
498
national
-
-
-
5 638
total
-
-
-
45 628
Employee
89 401
-
199 299
-
city
959
-
2 154
-
regional
2 927
-
10 992
-
health
202
-
449
-
pensions
7 511
-
15 575
-
unemployment
-
-
-
-
national
423
-
4 642
-
total
12 022
-
33 812
-
Employer
89 401
-
199 299
-
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.

1 787
-
3 985
-
unemployment
-
-
-
-
pensions
7 511
-
15 575
-
health
202
-
449
-
total
9 500
-
20 009
-
Corporate
121 616
221 500
-
-
regional
25 721
46 847
-
-
national
10 338
18 828
-
-
total
36 059
65 675
-
-
Dividends
85 556
155 825
-
-
withholding
29 945
54 538
-
-
total
29 945
54 538
-
-
Income
221 500
221 500
221 500
221 500
Total tax
87 526
120 213
53 821
45 628
After tax
133 974
101 287
167 679
175 872
Living cost
76 394
76 394
76 394
76 394
Free-cash
57 580
24 893
91 285
99 478

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63350
₽79642
₽61198
₽91177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
trade
-
-
-
29 979
income

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

-
-
-
73 410
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.

-
-
-
6 862
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.

-
-
-
4 037
total
-
-
-
114 288
Employee

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

60 365
-
221 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
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.

391
-
4 037
-
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.

7 098
-
73 410
-
total
14 351
-
84 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 135
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.

1 329
1 828
-
-
income
24 169
33 225
-
-
trade
27 635
37 987
-
-
chamber of commerce
379
465
-
-
total
53 512
73 505
-
-
Dividends
107 623
147 995
-
-
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.

1 458
2 015
-
-
withholding
26 523
36 616
-
-
total
27 981
38 631
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 844
112 136
84 309
114 288
After tax
125 656
109 364
137 191
107 212
Living cost
46 014
46 014
46 014
46 014
Free-cash
79 642
63 350
91 177
61 198

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77273
₽83201
₽87229
₽81022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 723
pensions
-
-
-
35 248
other
-
-
-
6 866
health
-
-
-
10 758
surtax
-
-
-
-
social contributions
-
-
-
6 311
total
-
-
-
99 906
Employee
42 988
-
169 149
-
social contributions
1 226
-
4 821
-
surtax
-
-
-
-
income
2 537
-
36 232
-
pensions
4 861
-
12 708
-
total
8 624
-
53 761
-
Employer
42 988
-
169 149
-
other
1 483
-
7 002
-
social contributions
130
-
507
-
unemployment
1 740
-
6 851
-
pensions
7 062
-
21 223
-
health
3 010
-
16 769
-
total
13 425
-
52 352
-
Corporate
165 087
221 500
-
-
surtax
-
-
-
-
income
46 225
62 021
-
-
total
46 225
62 021
-
-
Dividends
118 862
159 479
-
-
surtax
-
-
-
-
social contributions
20 445
27 429
-
-
withholding
15 215
20 412
-
-
total
35 660
47 841
-
-
Income
221 500
221 500
221 500
221 500
Total tax
103 934
109 862
106 113
99 906
After tax
117 566
111 638
115 387
121 594
Living cost
34 365
34 365
34 365
34 365
Free-cash
83 201
77 273
81 022
87 229

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80678
₽86256
₽90634
₽84427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 723
pensions
-
-
-
35 248
other
-
-
-
6 866
health
-
-
-
10 758
surtax
-
-
-
-
social contributions
-
-
-
6 311
total
-
-
-
99 906
Employee
38 373
-
169 149
-
social contributions
1 094
-
4 821
-
surtax
-
-
-
-
income
1 979
-
36 232
-
pensions
4 340
-
12 708
-
total
7 413
-
53 761
-
Employer
38 373
-
169 149
-
other
1 325
-
7 002
-
social contributions
114
-
507
-
unemployment
1 553
-
6 851
-
pensions
6 305
-
21 223
-
health
2 686
-
16 769
-
total
11 983
-
52 352
-
Corporate
171 143
221 500
-
-
surtax
-
-
-
-
income
47 919
62 021
-
-
total
47 919
62 021
-
-
Dividends
123 224
159 479
-
-
surtax
-
-
-
-
social contributions
21 196
27 429
-
-
withholding
15 773
20 412
-
-
total
36 969
47 841
-
-
Income
221 500
221 500
221 500
221 500
Total tax
104 284
109 862
106 113
99 906
After tax
117 216
111 638
115 387
121 594
Living cost
30 960
30 960
30 960
30 960
Free-cash
86 256
80 678
84 427
90 634

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113836
₽114358
₽120950
₽115073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 460
social contributions
-
-
-
30 566
total
-
-
-
79 251
Employee
34 056
-
221 500
-
social contributions
4 700
-
30 566
-
health
2 377
-
15 460
-
income
5 680
-
39 102
-
total
12 757
-
85 128
-
Employer
34 056
-
221 500
-
total
-
-
-
-
Corporate
187 444
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%.

9 372
11 074
-
-
total
9 372
11 074
-
-
Dividends
178 071
210 426
-
-
health
12 430
14 688
-
-
social contributions
24 574
29 040
-
-
withholding
26 710
31 563
-
-
total
63 714
75 291
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 843
86 365
85 128
79 251
After tax
135 657
135 135
136 372
142 249
Living cost
21 299
21 299
21 299
21 299
Free-cash
114 358
113 836
115 073
120 950

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86740
₽85184
₽78152
₽22723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
chamber of commerce
-
-
-
886
income
-
-
-
70 026
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
107 956
Employee
50 197
40 028
182 757
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 715
2 953
58 653
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
79 904
-
Employer
50 197
40 028
182 757
-
accident
652
520
1 525
-
other
2 385
1 900
8 124
-
chamber of commerce
200
160
732
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 727
-
payroll
1 506
1 201
5 482
-
health
1 897
1 513
4 436
-
total
14 644
11 717
38 745
-
Corporate
156 660
169 753
178 944
-
income

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

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

39 165
42 438
44 736
-
total
39 165
42 438
44 736
-
Dividends
117 495
127 316
-
-
withholding
32 310
35 011
-
-
total
32 310
35 011
-
-
Income
221 500
221 500
221 500
221 500
Total tax
100 924
99 368
163 385
107 956
After tax
120 576
122 132
58 115
113 544
Living cost
35 392
35 392
35 392
35 392
Free-cash
85 184
86 740
22 723
78 152

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85178
₽72097
₽59694
₽38876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
national
-
-
-
88 354
communal

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

-
-
-
11 787
social contributions
-
-
-
25 042
total
-
-
-
125 183
Employee

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

71 848
-
171 560
-
communal

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

3 747
-
8 949
-
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.

3 376
-
8 063
-
pensions

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

5 389
-
12 866
-
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.

625
-
1 492
-
national
22 089
-
64 693
-
total
35 226
-
96 063
-
Employer

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

71 848
-
171 560
-
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.

934
-
2 230
-
unemployment

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

1 048
-
2 505
-
surtax
8 147
-
19 454
-
pensions

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

6 366
-
15 199
-
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.

4 418
-
10 550
-
total
20 913
-
49 938
-
Corporate
128 738
221 500
-
-
surtax
515
942
-
-
income
25 748
47 081
-
-
total
26 263
48 023
-
-
Dividends
102 476
173 478
-
-
withholding

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

30 378
51 676
-
-
total
30 378
51 676
-
-
Income
221 500
221 500
221 500
221 500
Total tax
112 780
99 699
146 001
125 183
After tax
108 720
121 801
75 499
96 317
Living cost
36 623
36 623
36 623
36 623
Free-cash
72 097
85 178
38 876
59 694

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110833
₽103950
₽87532
₽83318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
69 764
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
97 694
Employee
49 998
-
191 820
-
other
50
-
93
-
income
10 549
-
66 316
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
72 228
-
Employer
49 998
-
191 820
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
155 565
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.

23 335
33 225
-
-
total
23 335
33 225
-
-
Dividends
132 230
188 275
-
-
withholding
28 279
41 168
-
-
total
28 279
41 168
-
-
Income
221 500
221 500
221 500
221 500
Total tax
81 276
74 393
101 908
97 694
After tax
140 224
147 107
119 592
123 806
Living cost
36 274
36 274
36 274
36 274
Free-cash
103 950
110 833
83 318
87 532

Estimated living cost  is ₽36274 per week

₽26712
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.
₽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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71225
₽57432
₽49937
₽58766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
accident
-
-
-
1 868
income
-
-
-
41 369
pensions
-
-
-
33 201
health
-
-
-
15 561
surtax
-
-
-
10 981
communal
-
-
-
13 998
total
-
-
-
116 978
Employee
76 065
-
197 857
-
health
3 385
-
8 804
-
surtax
4 662
-
12 127
-
income
7 347
-
47 747
-
pensions
6 084
-
15 828
-
total
21 478
-
84 506
-
Employer
76 065
-
197 857
-
accident
684
-
1 780
-
pensions
6 084
-
15 828
-
health
2 320
-
6 035
-
total
9 088
-
23 643
-
Corporate
136 347
221 500
-
-
surtax
1 431
2 325
-
-
communal
9 203
14 951
-
-
income
20 453
33 225
-
-
total
31 087
50 501
-
-
Dividends
105 260
170 998
-
-
income
32 042
19 539
-
-
withholding
15 788
25 650
-
-
total
47 830
45 189
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 483
95 690
108 149
116 978
After tax
112 017
125 810
113 351
104 522
Living cost
54 585
54 585
54 585
54 585
Free-cash
57 432
71 225
58 766
49 937

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116763
₽113568
₽81668
₽75525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 119
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
11 595
total
-
-
-
117 271
Employee
33 826
-
193 282
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
10 394
-
income
5 671
-
63 111
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 330
-
total
11 265
-
95 195
-
Employer
33 826
-
193 282
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
180 553
221 500
-
-
income
46 944
57 589
-
-
total
46 944
57 589
-
-
Dividends
133 609
163 911
-
-
withholding
20 041
24 587
-
-
total
20 041
24 587
-
-
Income
221 500
221 500
221 500
221 500
Total tax
85 371
82 176
123 414
117 271
After tax
136 129
139 324
98 086
104 229
Living cost
22 561
22 561
22 561
22 561
Free-cash
113 568
116 763
75 525
81 668

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89369
₽87139
₽78715
₽70246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
1 370
regional
-
-
-
3 476
national
-
-
-
60 610
social contributions
-
-
-
50 272
total
-
-
-
115 728
Employee
55 717
-
221 500
-
social contributions
18 788
-
65 907
-
regional
750
-
3 159
-
municipal
295
-
1 245
-
national
8 827
-
53 886
-
total
28 660
-
124 197
-
Employer
55 717
-
221 500
-
total
-
-
-
-
Corporate
165 783
221 500
-
-
nationa
39 788
53 159
-
-
municipal
8 240
11 008
-
-
total
48 028
64 167
-
-
Dividends
117 754
157 333
-
-
withholding
30 616
40 907
-
-
total
30 616
40 907
-
-
Income
221 500
221 500
221 500
221 500
Total tax
107 304
105 074
124 197
115 728
After tax
114 196
116 426
97 303
105 772
Living cost
27 057
27 057
27 057
27 057
Free-cash
87 139
89 369
70 246
78 715

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122904
₽112345
₽101174
₽91474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 555
health
-
-
-
29 902
solidarity contribution
-
-
-
2 706
social contributions
-
-
-
34 564
total
-
-
-
90 727
Employee
43 528
-
176 062
-
social contributions
2 829
-
7 694
-
health
5 876
-
23 768
-
solidarity contribution
-
-
1 836
-
income
5 223
-
21 690
-
total
13 928
-
54 988
-
Employer
43 528
-
176 062
-
social contributions
10 882
-
29 593
-
health
3 918
-
15 846
-
total
14 800
-
45 439
-
Corporate
163 172
221 500
-
-
income
31 003
42 085
-
-
total
31 003
42 085
-
-
Dividends
132 169
179 415
-
-
withholding
19 825
26 912
-
-
total
19 825
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 556
68 997
100 427
90 727
After tax
141 944
152 503
121 073
130 773
Living cost
29 599
29 599
29 599
29 599
Free-cash
112 345
122 904
91 474
101 174

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽90194
₽89698
₽81697
₽26122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
chamber of commerce
-
-
-
886
income
-
-
-
70 026
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
107 758
Employee
43 907
40 028
182 941
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
58 740
-
pensions
4 497
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
79 991
-
Employer
43 907
40 028
182 941
-
accident
570
520
1 525
-
other
2 085
1 900
8 131
-
chamber of commerce
175
160
732
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 727
-
payroll
1 317
1 201
5 488
-
health
1 660
1 513
4 436
-
total
12 635
11 519
38 560
-
Corporate
164 958
169 951
179 129
-
income

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

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

41 239
42 487
44 782
-
total
41 239
42 487
44 782
-
Dividends
123 719
127 464
-
-
withholding
34 022
35 053
-
-
total
34 022
35 053
-
-
Income
221 500
221 500
221 500
221 500
Total tax
99 757
99 261
163 333
107 758
After tax
121 743
122 239
58 167
113 742
Living cost
32 045
32 045
32 045
32 045
Free-cash
89 698
90 194
26 122
81 697

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196245
₽193586
₽205105
₽163020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
221 500
-
income
3 545
-
44 300
-
total
3 545
-
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%.

203 774
221 500
-
-
total
-
-
-
-
Dividends
203 774
221 500
-
-
withholding
10 189
11 075
-
-
total
10 189
11 075
-
-
Income
221 500
221 500
221 500
221 500
Total tax
13 734
11 075
44 300
2 215
After tax
207 766
210 425
177 200
219 285
Living cost
14 180
14 180
14 180
14 180
Free-cash
193 586
196 245
163 020
205 105

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125562
₽117160
₽76367
₽71556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 615
pensions
-
-
-
40 451
unemployment
-
-
-
332
health
-
-
-
21 794
total
-
-
-
118 192
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.

44 416
-
191 658
-
health
2 869
-
12 382
-
income
7 660
-
50 804
-
pensions
6 885
-
29 707
-
unemployment
63
-
269
-
total
17 477
-
93 162
-
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.

44 416
-
191 658
-
unemployment
27
-
114
-
pensions
3 930
-
16 962
-
health
2 958
-
12 765
-
total
6 915
-
29 841
-
Corporate
170 168
221 500
-
-
income
32 331
42 085
-
-
total
32 331
42 085
-
-
Dividends
137 837
179 415
-
-
withholding
20 676
26 912
-
-
total
20 676
26 912
-
-
Income
221 500
221 500
221 500
221 500
Total tax
77 399
68 997
123 003
118 192
After tax
144 101
152 503
98 497
103 308
Living cost
26 941
26 941
26 941
26 941
Free-cash
117 160
125 562
71 556
76 367

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91197
₽43171
₽109510
₽164654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
70 959
221 500
-
-
income
15 611
48 730
-
-
total
15 611
48 730
-
-
Dividends
55 348
172 770
-
-
income
12 177
38 009
-
-
total
12 177
38 009
-
-
Income
221 500
221 500
221 500
221 500
Total tax
134 765
86 739
13 282
68 426
After tax
86 735
134 761
208 218
153 074
Living cost
43 564
43 564
43 564
43 564
Free-cash
43 171
91 197
164 654
109 510

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94483
₽93472
₽84258
₽67126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 766
surtax
-
-
-
-
social contributions

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

-
-
-
76 970
total
-
-
-
105 736
Employee
46 196
-
178 990
-
social contributions
5 082
-
19 688
-
surtax
-
-
170
-
income
9 609
-
60 500
-
total
14 691
-
80 358
-
Employer
46 196
-
178 990
-
social contributions
10 972
-
42 510
-
total
10 972
-
42 510
-
Corporate
164 332
221 500
-
-
surtax
-
-
-
-
income
34 510
46 515
-
-
total
34 510
46 515
-
-
Dividends
129 822
174 985
-
-
withholding
36 349
48 996
-
-
total
36 349
48 996
-
-
Income
221 500
221 500
221 500
221 500
Total tax
96 522
95 511
122 868
105 736
After tax
124 978
125 989
98 632
115 764
Living cost
31 506
31 506
31 506
31 506
Free-cash
93 472
94 483
67 126
84 258

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63125
₽70029
₽73081
₽66874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 723
pensions
-
-
-
35 248
other
-
-
-
6 866
health
-
-
-
10 758
surtax
-
-
-
-
social contributions
-
-
-
6 311
total
-
-
-
99 906
Employee
62 910
-
169 149
-
social contributions
1 792
-
4 821
-
surtax
-
-
-
-
income
5 489
-
36 232
-
pensions
7 115
-
12 708
-
total
14 396
-
53 761
-
Employer
62 910
-
169 149
-
other
2 171
-
7 002
-
social contributions
189
-
507
-
unemployment
2 548
-
6 851
-
pensions
10 337
-
21 223
-
health
4 403
-
16 769
-
total
19 648
-
52 352
-
Corporate
138 942
221 500
-
-
surtax
-
-
-
-
income
38 904
62 021
-
-
total
38 904
62 021
-
-
Dividends
100 039
159 479
-
-
surtax
-
-
-
-
social contributions
17 205
27 429
-
-
withholding
12 805
20 412
-
-
total
30 010
47 841
-
-
Income
221 500
221 500
221 500
221 500
Total tax
102 958
109 862
106 113
99 906
After tax
118 542
111 638
115 387
121 594
Living cost
48 513
48 513
48 513
48 513
Free-cash
70 029
63 125
66 874
73 081

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169156
₽165782
₽131399
₽137286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 177
social contributions
-
-
-
48 731
total
-
-
-
59 908
Employee
32 292
-
191 774
-
income
-
-
11 831
-
social contributions
2 099
-
12 464
-
total
2 099
-
24 295
-
Employer
32 292
-
191 774
-
social contributions
5 005
-
29 726
-
total
5 005
-
29 726
-
Corporate
184 203
221 500
-
-
income
18 421
22 151
-
-
total
18 421
22 151
-
-
Dividends
165 782
199 349
-
-
total
-
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
25 525
22 151
54 021
59 908
After tax
195 975
199 349
167 479
161 592
Living cost
30 193
30 193
30 193
30 193
Free-cash
165 782
169 156
137 286
131 399

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2655
₽1512
₽79687
₽2655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
47 463
pensions
-
-
-
871
national
-
-
-
27 455
labour market
-
-
-
17 650
total
-
-
-
93 439
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
2 654
-
-
-
income
584
-
-
-
total
584
-
-
-
Dividends
2 070
-
-
-
withholding
559
-
-
-
total
559
-
-
-
Income
221 500
221 500
221 500
221 500
Total tax
171 614
170 471
170 471
93 439
After tax
49 886
51 029
51 029
128 061
Living cost
48 374
48 374
48 374
48 374
Free-cash
1 512
2 655
2 655
79 687

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3777
₽14611
₽129538
₽100176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
63 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
70 243
Employee
34 165
-
202 133
-
health
3 912
-
23 144
-
income
4 687
-
49 449
-
pensions
3 847
-
7 645
-
total
12 446
-
80 238
-
Employer
34 165
-
202 133
-
accident
570
-
3 376
-
unemployment
837
-
4 952
-
pensions
5 555
-
11 039
-
total
6 962
-
19 367
-
Corporate
180 372
221 500
-
-
income

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

162 335
199 350
-
-
total
162 335
199 350
-
-
Dividends
18 037
22 150
-
-
withholding
3 427
4 208
-
-
total
3 427
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
185 170
203 558
99 605
70 243
After tax
36 330
17 942
121 895
151 257
Living cost
21 719
21 719
21 719
21 719
Free-cash
14 611
-3 777
100 176
129 538

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97465
₽100567
₽97826
₽72457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
municipal
-
-
-
39 331
health
-
-
-
2 993
national
-
-
-
42 787
total
-
-
-
85 111
Employee
52 845
-
186 338
-
health
395
-
2 451
-
municipal
8 656
-
30 332
-
pensions
3 566
-
12 578
-
unemployment
793
-
2 794
-
national
873
-
27 164
-
total
14 283
-
75 319
-
Employer
52 845
-
186 338
-
accident
53
-
187
-
unemployment
343
-
1 210
-
pensions
9 168
-
32 329
-
health
406
-
1 435
-
total
9 970
-
35 161
-
Corporate
158 684
221 500
-
-
income
31 737
44 300
-
-
total
31 737
44 300
-
-
Dividends

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

95 210
132 900
-
-
national
9 242
17 250
-
-
municipal
17 138
23 922
-
-
total
26 380
41 172
-
-
Income
221 500
221 500
221 500
221 500
Total tax
82 370
85 472
110 480
85 111
After tax
139 130
136 028
111 020
136 389
Living cost
38 563
38 563
38 563
38 563
Free-cash
100 567
97 465
72 457
97 826

Estimated living cost  is ₽38563 per week

₽25189
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.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138186
₽132720
₽125909
₽124080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 437
health
-
-
-
5 648
social contributions
-
-
-
16 251
total
-
-
-
72 336
Employee
77 236
77 236
208 988
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 553
-
income
8 410
7 150
49 454
-
total
11 929
14 873
61 653
-
Employer
77 236
77 236
208 988
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 866
-
total
3 570
7 840
12 512
-
Corporate
182 746
136 424
-
-
income
22 843
17 054
-
-
total
22 843
17 054
-
-
Dividends
159 903
119 370
-
-
withholding
27 183
20 292
-
-
total
27 183
20 292
-
-
Income
221 500
221 500
221 500
221 500
Total tax
65 525
60 059
74 165
72 336
After tax
155 975
161 441
147 335
149 164
Living cost
23 255
23 255
23 255
23 255
Free-cash
132 720
138 186
124 080
125 909

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167477
₽162367
₽172596
₽152447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
221 500
income
-
-
-
22 904
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
32 957
Employee

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

23 055
-
211 684
-
health
1 959
-
8 101
-
income
1 576
-
20 415
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
43 289
-
Employer

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

23 055
-
211 684
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
196 072
221 500
-
-
income
17 647
19 936
-
-
total
17 647
19 936
-
-
Dividends
178 425
201 564
-
-
withholding
16 059
18 140
-
-
total
16 059
18 140
-
-
Income
221 500
221 500
221 500
221 500
Total tax
43 186
38 076
53 106
32 957
After tax
178 314
183 424
168 394
188 543
Living cost
15 947
15 947
15 947
15 947
Free-cash
162 367
167 477
152 447
172 596

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119486
₽115050
₽96185
₽91971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
69 764
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
97 694
Employee
37 140
-
191 820
-
other
36
-
93
-
income
7 160
-
66 316
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
72 228
-
Employer
37 140
-
191 820
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 972
-
total
11 840
-
29 680
-
Corporate
172 519
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.

25 877
33 225
-
-
total
25 877
33 225
-
-
Dividends
146 642
188 275
-
-
withholding
31 594
41 168
-
-
total
31 594
41 168
-
-
Income
221 500
221 500
221 500
221 500
Total tax
78 829
74 393
101 908
97 694
After tax
142 671
147 107
119 592
123 806
Living cost
27 621
27 621
27 621
27 621
Free-cash
115 050
119 486
91 971
96 185

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135466
₽135015
₽139610
₽139414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 679
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
79 140
Employee
4 189
-
219 243
-
health
209
-
502
-
income
810
-
75 574
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
77 079
-
Employer
4 189
-
219 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
216 368
221 500
-
-
income
47 601
48 730
-
-
total
47 601
48 730
-
-
Dividends
168 767
172 770
-
-
withholding
33 753
34 554
-
-
total
33 753
34 554
-
-
Income
221 500
221 500
221 500
221 500
Total tax
83 735
83 284
79 336
79 140
After tax
137 765
138 216
142 164
142 360
Living cost
2 750
2 750
2 750
2 750
Free-cash
135 015
135 466
139 414
139 610

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142664
₽137723
₽124894
₽124892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 179
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
79 236
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.

26 193
-
208 213
-
health
1 349
-
3 823
-
income
3 610
-
51 179
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
65 951
-
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.

26 193
-
208 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
190 619
221 500
-
-
income
28 593
33 225
-
-
total
28 593
33 225
-
-
Dividends
162 026
188 275
-
-
withholding
24 304
28 241
-
-
total
24 304
28 241
-
-
Income
221 500
221 500
221 500
221 500
Total tax
66 407
61 466
79 238
79 236
After tax
155 093
160 034
142 262
142 264
Living cost
17 370
17 370
17 370
17 370
Free-cash
137 723
142 664
124 892
124 894

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98910
₽98549
₽88685
₽71553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 766
surtax
-
-
-
-
social contributions

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

-
-
-
76 970
total
-
-
-
105 736
Employee
38 984
-
178 990
-
social contributions
4 289
-
19 688
-
surtax
-
-
170
-
income
7 617
-
60 500
-
total
11 906
-
80 358
-
Employer
38 984
-
178 990
-
social contributions
9 258
-
42 510
-
total
9 258
-
42 510
-
Corporate
173 258
221 500
-
-
surtax
-
-
-
-
income
36 384
46 515
-
-
total
36 384
46 515
-
-
Dividends
136 874
174 985
-
-
withholding
38 324
48 996
-
-
total
38 324
48 996
-
-
Income
221 500
221 500
221 500
221 500
Total tax
95 872
95 511
122 868
105 736
After tax
125 628
125 989
98 632
115 764
Living cost
27 079
27 079
27 079
27 079
Free-cash
98 549
98 910
71 553
88 685

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111807
₽105232
₽88506
₽84292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
839
income
-
-
-
69 764
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
97 694
Employee
48 510
-
191 820
-
other
48
-
93
-
income
10 132
-
66 316
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
72 228
-
Employer
48 510
-
191 820
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
157 524
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.

23 628
33 225
-
-
total
23 628
33 225
-
-
Dividends
133 896
188 275
-
-
withholding
28 662
41 168
-
-
total
28 662
41 168
-
-
Income
221 500
221 500
221 500
221 500
Total tax
80 968
74 393
101 908
97 694
After tax
140 532
147 107
119 592
123 806
Living cost
35 300
35 300
35 300
35 300
Free-cash
105 232
111 807
84 292
88 506

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172106
₽165987
₽161633
₽170800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
42 591
Employee
22 876
-
214 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
21 461
-
pensions

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

2 008
-
3 080
-
total
5 599
-
26 541
-
Employer
22 876
-
214 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
194 135
221 500
-
-
income
19 414
22 150
-
-
total
19 414
22 150
-
-
Dividends
174 721
199 350
-
-
withholding
8 736
9 968
-
-
total
8 736
9 968
-
-
Income
221 500
221 500
221 500
221 500
Total tax
38 237
32 118
33 424
42 591
After tax
183 263
189 382
188 076
178 909
Living cost
17 276
17 276
17 276
17 276
Free-cash
165 987
172 106
170 800
161 633

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75142
₽88282
₽73328
₽98412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
221 500
trade
-
-
-
25 084
income

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

-
-
-
73 410
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.

-
-
-
6 862
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.

-
-
-
4 037
total
-
-
-
109 393
Employee

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

49 977
-
221 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 862
-
6 862
-
surtax

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

227
-
4 037
-
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.

4 110
-
73 410
-
total
11 199
-
84 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 523
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.

1 414
1 828
-
-
income
25 729
33 225
-
-
trade
24 614
31 786
-
-
chamber of commerce
404
477
-
-
total
52 161
67 316
-
-
Dividends
119 363
154 184
-
-
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.

1 620
2 099
-
-
withholding
29 459
38 164
-
-
total
31 079
40 263
-
-
Income
221 500
221 500
221 500
221 500
Total tax
94 439
107 579
84 309
109 393
After tax
127 061
113 921
137 191
112 107
Living cost
38 779
38 779
38 779
38 779
Free-cash
88 282
75 142
98 412
73 328

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97832
₽100050
₽54300
₽54300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 997
social contributions
-
-
-
37 986
total
-
-
-
109 983
Employee
78 569
-
221 500
-
income
14 826
-
71 997
-
social contributions
6 527
-
37 986
-
total
21 353
-
109 983
-
Employer
78 569
-
221 500
-
total
-
-
-
-
Corporate
142 931
221 500
-
-
income
17 866
27 688
-
-
total
17 866
27 688
-
-
Dividends
125 065
193 812
-
-
withholding
25 014
38 763
-
-
total
25 014
38 763
-
-
Income
221 500
221 500
221 500
221 500
Total tax
64 233
66 451
109 983
109 983
After tax
157 267
155 049
111 517
111 517
Living cost
57 217
57 217
57 217
57 217
Free-cash
100 050
97 832
54 300
54 300

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102207
₽105717
₽145084
₽118311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 730
total
-
-
-
39 955
Employee
46 078
-
216 880
-
income
5 000
-
57 488
-
social contributions
4 617
-
4 620
-
total
9 617
-
62 108
-
Employer
46 078
-
216 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
170 806
221 500
-
-
income
59 781
77 525
-
-
total
59 781
77 525
-
-
Dividends
111 025
143 975
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
221 500
221 500
221 500
221 500
Total tax
79 322
82 832
66 728
39 955
After tax
142 178
138 668
154 772
181 545
Living cost
36 461
36 461
36 461
36 461
Free-cash
105 717
102 207
118 311
145 084

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102895
₽108837
₽106251
₽86452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
income
-
-
-
68 059
pensions
-
-
-
9 922
total
-
-
-
77 981
Employee
51 155
-
193 080
-
health
667
-
2 625
-
income
9 316
-
54 858
-
pensions
3 904
-
11 877
-
total
13 887
-
69 360
-
Employer
51 155
-
193 080
-
pensions
5 168
-
24 752
-
health
972
-
3 668
-
total
6 140
-
28 420
-
Corporate
164 204
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.

31 200
42 084
-
-
total
31 200
42 084
-
-
Dividends
133 005
179 416
-
-
withholding
24 168
39 253
-
-
total
24 168
39 253
-
-
Income
221 500
221 500
221 500
221 500
Total tax
75 395
81 337
97 780
77 981
After tax
146 105
140 163
123 720
143 519
Living cost
37 268
37 268
37 268
37 268
Free-cash
108 837
102 895
86 452
106 251

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽5927
₽14279
₽127388
₽98026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
63 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
70 243
Employee
37 547
-
202 133
-
health
4 299
-
23 144
-
income
5 151
-
49 449
-
pensions
4 228
-
7 645
-
total
13 678
-
80 238
-
Employer
37 547
-
202 133
-
accident
627
-
3 376
-
unemployment
920
-
4 952
-
pensions
6 105
-
11 039
-
total
7 652
-
19 367
-
Corporate
176 302
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.

158 672
199 350
-
-
total
158 672
199 350
-
-
Dividends
17 630
22 150
-
-
withholding
3 350
4 208
-
-
total
3 350
4 208
-
-
Income
221 500
221 500
221 500
221 500
Total tax
183 352
203 558
99 605
70 243
After tax
38 148
17 942
121 895
151 257
Living cost
23 869
23 869
23 869
23 869
Free-cash
14 279
-5 927
98 026
127 388

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155882
₽152843
₽126570
₽148654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
37 194
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
81 364
Employee

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

21 706
-
221 500
-
work injury
109
-
402
-
income
2 171
-
37 194
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
59 280
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 794
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%.

19 979
22 150
-
-
total
19 979
22 150
-
-
Dividends
179 815
199 350
-
-
withholding
26 972
29 902
-
-
total
26 972
29 902
-
-
Income
221 500
221 500
221 500
221 500
Total tax
55 091
52 052
59 280
81 364
After tax
166 409
169 448
162 220
140 136
Living cost
13 566
13 566
13 566
13 566
Free-cash
152 843
155 882
148 654
126 570

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76658
₽72089
₽63697
₽55446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
221 500
municipal
-
-
-
1 540
regional
-
-
-
5 367
national
-
-
-
60 610
social contributions
-
-
-
50 272
total
-
-
-
117 789
Employee
84 640
-
221 500
-
social contributions
28 540
-
65 907
-
regional
1 278
-
4 846
-
municipal
505
-
1 401
-
national
14 303
-
53 886
-
total
44 626
-
126 040
-
Employer
84 640
-
221 500
-
total
-
-
-
-
Corporate
136 860
221 500
-
-
nationa
32 846
53 159
-
-
municipal
6 597
10 676
-
-
total
39 443
63 835
-
-
Dividends
97 417
157 665
-
-
withholding
25 328
40 993
-
-
total
25 328
40 993
-
-
Income
221 500
221 500
221 500
221 500
Total tax
109 397
104 828
126 040
117 789
After tax
112 103
116 672
95 460
103 711
Living cost
40 014
40 014
40 014
40 014
Free-cash
72 089
76 658
55 446
63 697

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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