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
₽ 222500
per

Your estimated
City
free-cash

Dresden , Germany
₽79675
₽107397
₽92917
₽81859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
trade
-
-
-
27 722
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.

-
-
-
6 831
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.

-
-
-
73 920
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.

-
-
-
4 066
total
-
-
-
112 539
Employee

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

38 244
-
222 500
-
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.

59
-
4 066
-
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.

1 068
-
73 920
-
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.

6 831
-
6 831
-
total
7 958
-
84 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 256
222 500
-
-
trade
29 020
35 044
-
-
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.

1 520
1 835
-
-
income
27 639
33 375
-
-
chamber of commerce
417
471
-
-
total
58 596
70 725
-
-
Dividends
125 660
151 775
-
-
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.

1 708
2 066
-
-
withholding
31 035
37 564
-
-
total
32 743
39 630
-
-
Income
222 500
222 500
222 500
222 500
Total tax
99 297
110 355
84 817
112 539
After tax
123 203
112 145
137 683
109 961
Living cost
30 286
30 286
30 286
30 286
Free-cash
92 917
81 859
107 397
79 675

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76405
₽77599
₽87558
₽88398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
2 392
municipal
-
-
-
24 709
national
-
-
-
41 852
pensions
-
-
-
26 700
total
-
-
-
95 653
Employee
78 195
-
192 349
-
pensions
3 128
-
7 694
-
national
14 966
-
43 738
-
municipal
9 658
-
25 571
-
total
27 752
-
77 003
-
Employer
78 195
-
192 349
-
pensions
6 256
-
15 388
-
social contributions
841
-
2 068
-
total
7 097
-
17 456
-
Corporate
132 048
222 500
-
-
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%.

26 410
44 500
-
-
total
26 410
44 500
-
-
Dividends
105 639
178 000
-
-
withholding
23 241
39 160
-
-
total
23 241
39 160
-
-
Income
222 500
222 500
222 500
222 500
Total tax
84 500
83 660
94 459
95 653
After tax
138 000
138 840
128 041
126 847
Living cost
50 442
50 442
50 442
50 442
Free-cash
87 558
88 398
77 599
76 405

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59963
₽75807
₽148996
₽157198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
social contributions

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

-
-
-
38 310
income
-
-
-
46 687
microenterprise
-
-
-
-
surtax
-
-
-
56 738
total
-
-
-
141 735
Employee
29 217
-
174 589
-
income
5 201
-
39 556
-
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.

3 214
-
13 108
-
surtax
-
-
25 316
-
total
8 415
-
77 980
-
Employer
29 217
-
174 589
-
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.

7 038
-
28 707
-
surtax
-
-
19 204
-
total
7 038
-
47 911
-
Corporate
186 245
222 500
-
-
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%.

37 249
44 500
-
-
total
37 249
44 500
-
-
Dividends

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

148 996
178 000
-
-
total
-
-
-
-
Income
222 500
222 500
222 500
222 500
Total tax
52 702
44 500
125 891
141 735
After tax
169 798
178 000
96 609
80 765
Living cost
20 802
20 802
20 802
20 802
Free-cash
148 996
157 198
75 807
59 963

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77725
₽100417
₽62835
₽68962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
health
-
-
-
12 330
income
-
-
-
78 843
pensions
-
-
-
11 715
total
-
-
-
102 888
Employee
85 386
85 386
203 918
-
income

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

13 976
13 976
37 569
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
61 614
-
Employer
85 386
85 386
203 918
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
123 209
122 162
-
-
income
24 643
24 432
-
-
total
24 643
24 432
-
-
Dividends
98 566
97 730
-
-
withholding
14 785
14 660
-
-
income
20 946
20 768
-
-
total
35 731
35 428
-
-
Income
222 500
222 500
222 500
222 500
Total tax
117 778
111 651
80 196
102 888
After tax
104 722
110 849
142 304
119 612
Living cost
41 887
41 887
41 887
41 887
Free-cash
62 835
68 962
100 417
77 725

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72549
₽71616
₽82175
₽83037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
59 070
health
-
-
-
5 258
national
-
-
-
28 022
pensions
-
-
-
9 109
total
-
-
-
111 503
Employee
54 785
-
196 024
-
national
-
-
27 506
-
municipal
16 337
-
58 454
-
total
16 337
-
85 960
-
Employer
54 785
-
196 024
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
150 502
222 500
-
-
income
33 110
48 950
-
-
total
33 110
48 950
-
-
Dividends
117 391
173 550
-
-
withholding
35 217
52 065
-
-
total
35 217
52 065
-
-
Income
222 500
222 500
222 500
222 500
Total tax
101 877
101 015
112 436
111 503
After tax
120 623
121 485
110 064
110 997
Living cost
38 448
38 448
38 448
38 448
Free-cash
82 175
83 037
71 616
72 549

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69449
₽98403
₽85767
₽71721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
trade
-
-
-
28 954
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.

-
-
-
6 831
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.

-
-
-
73 920
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.

-
-
-
4 066
total
-
-
-
113 771
Employee

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

50 706
-
222 500
-
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.

239
-
4 066
-
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.

4 357
-
73 920
-
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.

6 831
-
6 831
-
total
11 427
-
84 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 794
222 500
-
-
trade
28 261
36 600
-
-
surtax

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

1 417
1 835
-
-
income
25 770
33 375
-
-
chamber of commerce
397
469
-
-
total
55 845
72 279
-
-
Dividends
115 949
150 221
-
-
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.

1 573
2 045
-
-
withholding
28 608
37 175
-
-
total
30 181
39 220
-
-
Income
222 500
222 500
222 500
222 500
Total tax
97 453
111 499
84 817
113 771
After tax
125 047
111 001
137 683
108 729
Living cost
39 280
39 280
39 280
39 280
Free-cash
85 767
71 721
98 403
69 449

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117326
₽115493
₽125587
₽129737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
16 178
health
-
-
-
5 673
income
-
-
-
50 892
total
-
-
-
72 743
Employee
76 887
76 887
210 007
-
income
8 074
7 117
49 905
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 571
-
total
12 575
14 805
62 083
-
Employer
76 887
76 887
210 007
-
health
833
1 423
3 886
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 493
-
Corporate
172 925
137 809
-
-
income
21 616
17 225
-
-
total
21 616
17 225
-
-
Dividends
151 309
120 584
-
-
withholding
25 722
20 498
-
-
total
25 722
20 498
-
-
Income
222 500
222 500
222 500
222 500
Total tax
64 482
60 332
74 576
72 743
After tax
158 018
162 168
147 924
149 757
Living cost
32 431
32 431
32 431
32 431
Free-cash
125 587
129 737
115 493
117 326

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135901
₽110749
₽107037
₽106657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
unemployment
-
-
-
3 337
health
-
-
-
15 575
income
-
-
-
27 201
pensions
-
-
-
22 250
total
-
-
-
68 363
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.

26 323
10 476
186 192
-
income
3 218
1 281
22 762
-
pensions
2 632
1 048
18 619
-
unemployment
395
157
2 793
-
health
1 843
733
13 033
-
total
8 088
3 219
57 207
-
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.

26 323
10 476
186 192
-
pensions
5 133
2 043
36 308
-
total
5 133
2 043
36 308
-
Corporate
191 044
209 981
-
-
income
17 194
18 898
-
-
total
17 194
18 898
-
-
Dividends
173 850
191 083
-
-
social contributions
33 781
37 141
-
-
withholding
33 031
36 306
-
-
total
66 812
73 447
-
-
Income
222 500
222 500
222 500
222 500
Total tax
97 227
97 607
93 515
68 363
After tax
125 273
124 893
128 985
154 137
Living cost
18 236
18 236
18 236
18 236
Free-cash
107 037
106 657
110 749
135 901

Estimated living cost  is ₽18236 per week

₽12444
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.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95109
₽104094
₽147638
₽153849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
health
-
-
-
28 925
income
-
-
-
29 815
pensions
-
-
-
44 500
total
-
-
-
103 240
Employee
28 365
-
166 293
-
income
3 193
-
32 062
-
pensions
567
-
3 326
-
unemployment
453
-
2 660
-
total
4 213
-
38 048
-
Employer
28 365
-
166 293
-
pensions
5 673
-
33 259
-
health
3 687
-
21 618
-
unemployment
228
-
1 330
-
total
9 588
-
56 207
-
Corporate
184 547
222 500
-
-
income
36 910
44 500
-
-
total
36 910
44 500
-
-
Dividends
147 637
178 000
-
-
total
-
-
-
-
Income
222 500
222 500
222 500
222 500
Total tax
50 711
44 500
94 255
103 240
After tax
171 789
178 000
128 245
119 260
Living cost
24 151
24 151
24 151
24 151
Free-cash
147 638
153 849
104 094
95 109

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130018
₽100597
₽14661
-₽3891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 630
pensions
-
-
-
4 145
total
-
-
-
70 568
Employee
34 472
-
203 156
-
income
4 729
-
49 785
-
pensions
3 882
-
7 599
-
health
3 947
-
23 261
-
total
12 558
-
80 645
-
Employer
34 472
-
203 156
-
pensions
5 605
-
10 974
-
accident
575
-
3 393
-
unemployment
845
-
4 977
-
total
7 025
-
19 344
-
Corporate
181 003
222 500
-
-
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.

162 903
200 250
-
-
total
162 903
200 250
-
-
Dividends
18 100
22 250
-
-
withholding
3 439
4 227
-
-
total
3 439
4 227
-
-
Income
222 500
222 500
222 500
222 500
Total tax
185 925
204 477
99 989
70 568
After tax
36 575
18 023
122 511
151 932
Living cost
21 914
21 914
21 914
21 914
Free-cash
14 661
-3 891
100 597
130 018

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211264
₽168989
₽200675
₽202364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
222 500
microenterprise

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

-
-
-
2 225
total
-
-
-
2 225
Employee
11 263
-
222 500
-
income
2 252
-
44 500
-
total
2 252
-
44 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

211 237
222 500
-
-
total
-
-
-
-
Dividends
211 237
222 500
-
-
withholding
10 562
11 125
-
-
total
10 562
11 125
-
-
Income
222 500
222 500
222 500
222 500
Total tax
12 814
11 125
44 500
2 225
After tax
209 686
211 375
178 000
220 275
Living cost
9 011
9 011
9 011
9 011
Free-cash
200 675
202 364
168 989
211 264

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106661
₽104816
₽130076
₽136827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
38 792
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.

-
-
-
36 492
total
-
-
-
89 196
Employee
36 305
-
183 930
-
income
6 250
-
38 179
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
52 471
-
Employer
36 305
-
183 930
-
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.

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 471
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 570
-
Corporate
177 045
222 500
-
-
income
37 179
46 725
-
-
total
37 179
46 725
-
-
Dividends
139 866
175 775
-
-
withholding
9 791
12 305
-
-
total
9 791
12 305
-
-
Income
222 500
222 500
222 500
222 500
Total tax
65 781
59 030
91 041
89 196
After tax
156 719
163 470
131 459
133 304
Living cost
26 643
26 643
26 643
26 643
Free-cash
130 076
136 827
104 816
106 661

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76883
₽56996
₽81596
₽73499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
income
-
-
-
68 408
pensions
-
-
-
9 956
total
-
-
-
78 364
Employee
95 153
-
193 947
-
income
17 152
-
55 149
-
pensions
9 180
-
11 913
-
health
1 568
-
2 636
-
total
27 900
-
69 698
-
Employer
95 153
-
193 947
-
pensions
11 235
-
24 868
-
health
1 807
-
3 685
-
total
13 042
-
28 553
-
Corporate
114 305
222 500
-
-
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.

21 719
42 275
-
-
total
21 719
42 275
-
-
Dividends
92 586
180 225
-
-
withholding
10 990
39 473
-
-
total
10 990
39 473
-
-
Income
222 500
222 500
222 500
222 500
Total tax
73 651
81 748
98 251
78 364
After tax
148 849
140 752
124 249
144 136
Living cost
67 253
67 253
67 253
67 253
Free-cash
81 596
73 499
56 996
76 883

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽166694
₽175921
₽172487
₽177131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
33 375
pensions

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

-
-
-
5 168
total
-
-
-
42 699
Employee
17 356
-
215 649
-
income
1 735
-
21 565
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
26 621
-
Employer
17 356
-
215 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
201 738
222 500
-
-
income
20 174
22 250
-
-
total
20 174
22 250
-
-
Dividends
181 564
200 250
-
-
withholding
9 078
10 012
-
-
total
9 078
10 012
-
-
Income
222 500
222 500
222 500
222 500
Total tax
36 906
32 262
33 472
42 699
After tax
185 594
190 238
189 028
179 801
Living cost
13 107
13 107
13 107
13 107
Free-cash
172 487
177 131
175 921
166 694

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64167
₽86859
₽57920
₽55404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
health
-
-
-
12 330
income
-
-
-
78 843
pensions
-
-
-
11 715
total
-
-
-
102 888
Employee
92 702
85 386
203 918
-
income

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

13 976
13 976
37 569
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
61 614
-
Employer
92 702
85 386
203 918
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
113 567
122 162
-
-
income
22 713
24 432
-
-
total
22 713
24 432
-
-
Dividends
90 854
97 730
-
-
withholding
13 628
14 660
-
-
income
19 307
20 768
-
-
total
32 935
35 428
-
-
Income
222 500
222 500
222 500
222 500
Total tax
109 135
111 651
80 196
102 888
After tax
113 365
110 849
142 304
119 612
Living cost
55 445
55 445
55 445
55 445
Free-cash
57 920
55 404
86 859
64 167

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107441
₽97686
₽120613
₽129179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
34 552
health
-
-
-
30 037
income
-
-
-
23 687
solidarity contribution
-
-
-
2 771
total
-
-
-
91 047
Employee
35 311
-
176 989
-
income
4 237
-
21 811
-
solidarity contribution
-
-
1 895
-
social contributions
2 295
-
7 691
-
health
4 767
-
23 894
-
total
11 299
-
55 291
-
Employer
35 311
-
176 989
-
health
3 178
-
15 929
-
social contributions
8 828
-
29 582
-
total
12 006
-
45 511
-
Corporate
175 183
222 500
-
-
income
33 285
42 275
-
-
total
33 285
42 275
-
-
Dividends
141 898
180 225
-
-
withholding
21 285
27 034
-
-
total
21 285
27 034
-
-
Income
222 500
222 500
222 500
222 500
Total tax
77 875
69 309
100 802
91 047
After tax
144 625
153 191
121 698
131 453
Living cost
24 012
24 012
24 012
24 012
Free-cash
120 613
129 179
97 686
107 441

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64889
₽56410
₽71301
₽76520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 379
national
-
-
-
61 195
regional
-
-
-
2 801
total
-
-
-
115 419
Employee
88 864
-
222 500
-
national
15 398
-
54 503
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 254
-
regional
838
-
2 532
-
total
46 672
-
123 898
-
Employer
88 864
-
222 500
-
total
-
-
-
-
Corporate
133 636
222 500
-
-
nationa
32 073
53 401
-
-
municipal
5 212
8 677
-
-
total
37 285
62 078
-
-
Dividends
96 351
160 422
-
-
withholding
25 050
41 710
-
-
total
25 050
41 710
-
-
Income
222 500
222 500
222 500
222 500
Total tax
109 007
103 788
123 898
115 419
After tax
113 493
118 712
98 602
107 081
Living cost
42 192
42 192
42 192
42 192
Free-cash
71 301
76 520
56 410
64 889

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82613
₽76501
₽114775
₽117888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
69 708
surtax
-
-
-
11 723
pensions
-
-
-
26 690
total
-
-
-
117 823
Employee
33 066
-
194 410
-
income
5 543
-
63 727
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
10 527
-
total
11 002
-
95 845
-
Employer
33 066
-
194 410
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
182 474
222 500
-
-
income
47 443
57 850
-
-
total
47 443
57 850
-
-
Dividends
135 032
164 650
-
-
withholding
20 256
24 698
-
-
total
20 256
24 698
-
-
Income
222 500
222 500
222 500
222 500
Total tax
85 661
82 548
123 935
117 823
After tax
136 839
139 952
98 565
104 677
Living cost
22 064
22 064
22 064
22 064
Free-cash
114 775
117 888
76 501
82 613

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98190
₽78303
₽101449
₽94806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
income
-
-
-
68 408
pensions
-
-
-
9 956
total
-
-
-
78 364
Employee
63 769
-
193 947
-
income
11 485
-
55 149
-
pensions
5 413
-
11 913
-
health
926
-
2 636
-
total
17 824
-
69 698
-
Employer
63 769
-
193 947
-
pensions
6 903
-
24 868
-
health
1 211
-
3 685
-
total
8 114
-
28 553
-
Corporate
150 616
222 500
-
-
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.

28 618
42 275
-
-
total
28 618
42 275
-
-
Dividends
121 999
180 225
-
-
withholding
20 549
39 473
-
-
total
20 549
39 473
-
-
Income
222 500
222 500
222 500
222 500
Total tax
75 105
81 748
98 251
78 364
After tax
147 395
140 752
124 249
144 136
Living cost
45 946
45 946
45 946
45 946
Free-cash
101 449
94 806
78 303
98 190

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽100892
₽92805
₽58500
₽26164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other

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

-
-
-
4 449
health
-
-
-
501
city
-
-
-
2 345
national
-
-
-
5 774
regional
-
-
-
12 488
pensions
-
-
-
20 470
total
-
-
-
46 027
Employee
88 449
-
200 281
-
pensions
7 431
-
15 561
-
national
419
-
4 784
-
unemployment
-
-
-
-
city
949
-
2 166
-
health
200
-
450
-
regional
2 896
-
11 137
-
total
11 895
-
34 098
-
Employer
88 449
-
200 281
-
pensions
7 431
-
15 561
-
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.

1 768
-
4 005
-
health
200
-
450
-
unemployment
-
-
-
-
total
9 399
-
20 016
-
Corporate
123 679
222 500
-
-
regional
26 158
47 058
-
-
national
10 514
18 913
-
-
total
36 672
65 971
-
-
Dividends
87 008
156 528
-
-
withholding
30 453
54 784
-
-
total
30 453
54 784
-
-
Income
222 500
222 500
222 500
222 500
Total tax
88 419
120 755
54 114
46 027
After tax
134 081
101 745
168 386
176 473
Living cost
75 581
75 581
75 581
75 581
Free-cash
58 500
26 164
92 805
100 892

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61691
₽91878
₽80265
₽64053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
trade
-
-
-
30 187
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.

-
-
-
6 831
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.

-
-
-
73 920
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.

-
-
-
4 066
total
-
-
-
115 004
Employee

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

60 091
-
222 500
-
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.

389
-
4 066
-
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.

7 066
-
73 920
-
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.

6 831
-
6 831
-
total
14 286
-
84 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 409
222 500
-
-
trade
27 853
38 158
-
-
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.

1 340
1 835
-
-
income
24 362
33 375
-
-
chamber of commerce
379
465
-
-
total
53 934
73 833
-
-
Dividends
108 475
148 667
-
-
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.

1 471
2 023
-
-
withholding
26 739
36 786
-
-
total
28 210
38 809
-
-
Income
222 500
222 500
222 500
222 500
Total tax
96 430
112 642
84 817
115 004
After tax
126 070
109 858
137 683
107 496
Living cost
45 805
45 805
45 805
45 805
Free-cash
80 265
64 053
91 878
61 691

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87758
₽81399
₽83837
₽77932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
6 897
social contributions
-
-
-
6 339
health
-
-
-
10 857
income
-
-
-
41 186
surtax
-
-
-
-
pensions
-
-
-
35 254
total
-
-
-
100 533
Employee
42 794
-
169 819
-
income
2 526
-
36 584
-
pensions
4 839
-
12 795
-
social contributions
1 220
-
4 839
-
surtax
-
-
-
-
total
8 585
-
54 218
-
Employer
42 794
-
169 819
-
pensions
7 030
-
21 362
-
other
1 476
-
7 044
-
health
2 996
-
16 881
-
unemployment
1 732
-
6 878
-
social contributions
129
-
509
-
total
13 363
-
52 674
-
Corporate
166 342
222 500
-
-
surtax
-
-
-
-
income
46 575
62 300
-
-
total
46 575
62 300
-
-
Dividends
119 767
160 200
-
-
surtax
-
-
-
-
social contributions
20 601
27 553
-
-
withholding
15 330
20 506
-
-
total
35 931
48 059
-
-
Income
222 500
222 500
222 500
222 500
Total tax
104 454
110 359
106 892
100 533
After tax
118 046
112 141
115 608
121 967
Living cost
34 209
34 209
34 209
34 209
Free-cash
83 837
77 932
81 399
87 758

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91147
₽84788
₽86875
₽81321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
6 897
social contributions
-
-
-
6 339
health
-
-
-
10 857
income
-
-
-
41 186
surtax
-
-
-
-
pensions
-
-
-
35 254
total
-
-
-
100 533
Employee
38 199
-
169 819
-
income
1 970
-
36 584
-
pensions
4 321
-
12 795
-
social contributions
1 089
-
4 839
-
surtax
-
-
-
-
total
7 380
-
54 218
-
Employer
38 199
-
169 819
-
pensions
6 277
-
21 362
-
other
1 319
-
7 044
-
health
2 674
-
16 881
-
unemployment
1 546
-
6 878
-
social contributions
114
-
509
-
total
11 930
-
52 674
-
Corporate
172 371
222 500
-
-
surtax
-
-
-
-
income
48 264
62 300
-
-
total
48 264
62 300
-
-
Dividends
124 107
160 200
-
-
surtax
-
-
-
-
social contributions
21 345
27 553
-
-
withholding
15 886
20 506
-
-
total
37 231
48 059
-
-
Income
222 500
222 500
222 500
222 500
Total tax
104 805
110 359
106 892
100 533
After tax
117 695
112 141
115 608
121 967
Living cost
30 820
30 820
30 820
30 820
Free-cash
86 875
81 321
84 788
91 147

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121687
₽115737
₽115061
₽114541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
30 705
health
-
-
-
15 531
income
-
-
-
33 375
total
-
-
-
79 611
Employee
33 902
-
222 500
-
income
5 654
-
39 325
-
social contributions
4 679
-
30 705
-
health
2 366
-
15 531
-
total
12 699
-
85 561
-
Employer
33 902
-
222 500
-
total
-
-
-
-
Corporate
188 598
222 500
-
-
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%.

9 430
11 125
-
-
total
9 430
11 125
-
-
Dividends
179 167
211 375
-
-
social contributions
24 726
29 170
-
-
health
12 506
14 755
-
-
withholding
26 876
31 707
-
-
total
64 108
75 632
-
-
Income
222 500
222 500
222 500
222 500
Total tax
86 237
86 757
85 561
79 611
After tax
136 263
135 743
136 939
142 889
Living cost
21 202
21 202
21 202
21 202
Free-cash
115 061
114 541
115 737
121 687

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78792
₽23124
₽85888
₽87436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
chamber of commerce
-
-
-
890
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
70 711
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
108 476
Employee
49 970
39 847
183 795
-
income
5 689
2 939
59 283
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
80 439
-
Employer
49 970
39 847
183 795
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
8 161
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 514
-
chamber of commerce
199
159
734
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
38 704
-
Corporate
157 954
170 987
180 000
-
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.

39 488
42 746
45 001
-
total
39 488
42 746
45 001
-
Dividends
118 465
128 241
-
-
withholding
32 578
35 266
-
-
total
32 578
35 266
-
-
Income
222 500
222 500
222 500
222 500
Total tax
101 380
99 832
164 144
108 476
After tax
121 120
122 668
58 356
114 024
Living cost
35 232
35 232
35 232
35 232
Free-cash
85 888
87 436
23 124
78 792

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60304
₽39291
₽72889
₽85779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
24 929
communal

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

-
-
-
11 854
national
-
-
-
88 956
total
-
-
-
125 739
Employee

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

71 523
-
172 335
-
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.

5 364
-
12 926
-
national
21 989
-
65 076
-
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.

622
-
1 499
-
communal

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

3 730
-
8 988
-
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.

3 360
-
8 098
-
total
35 065
-
96 587
-
Employer

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

71 523
-
172 335
-
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.

6 338
-
15 269
-
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.

930
-
2 239
-
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.

4 398
-
10 597
-
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.

1 044
-
2 516
-
surtax
8 110
-
19 544
-
total
20 820
-
50 165
-
Corporate
130 158
222 500
-
-
surtax
520
949
-
-
income
26 031
47 448
-
-
total
26 551
48 397
-
-
Dividends
103 607
174 103
-
-
withholding

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

30 718
51 867
-
-
total
30 718
51 867
-
-
Income
222 500
222 500
222 500
222 500
Total tax
113 154
100 264
146 752
125 739
After tax
109 346
122 236
75 748
96 761
Living cost
36 457
36 457
36 457
36 457
Free-cash
72 889
85 779
39 291
60 304

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88236
₽84041
₽104791
₽111641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 350
pensions
-
-
-
26 227
total
-
-
-
98 154
Employee
49 772
-
192 954
-
income
10 502
-
66 917
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
72 803
-
Employer
49 772
-
192 954
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
156 863
222 500
-
-
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.

23 529
33 375
-
-
total
23 529
33 375
-
-
Dividends
133 335
189 125
-
-
withholding
28 542
41 374
-
-
total
28 542
41 374
-
-
Income
222 500
222 500
222 500
222 500
Total tax
81 599
74 749
102 349
98 154
After tax
140 901
147 751
120 151
124 346
Living cost
36 110
36 110
36 110
36 110
Free-cash
104 791
111 641
84 041
88 236

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50476
₽59349
₽58126
₽71868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
accident
-
-
-
1 877
health
-
-
-
15 633
income
-
-
-
41 734
communal
-
-
-
14 062
surtax
-
-
-
11 030
pensions
-
-
-
33 350
total
-
-
-
117 686
Employee
75 721
-
198 747
-
income
7 314
-
48 140
-
pensions
6 057
-
15 899
-
health
3 370
-
8 844
-
surtax
4 641
-
12 180
-
total
21 382
-
85 063
-
Employer
75 721
-
198 747
-
pensions
6 057
-
15 899
-
accident
681
-
1 789
-
health
2 309
-
6 062
-
total
9 047
-
23 750
-
Corporate
137 732
222 500
-
-
communal
9 298
15 019
-
-
surtax
1 446
2 336
-
-
income
20 660
33 375
-
-
total
31 404
50 730
-
-
Dividends
106 329
171 771
-
-
withholding
15 950
25 766
-
-
income
32 253
19 798
-
-
total
48 203
45 564
-
-
Income
222 500
222 500
222 500
222 500
Total tax
110 036
96 294
108 813
117 686
After tax
112 464
126 206
113 687
104 814
Living cost
54 338
54 338
54 338
54 338
Free-cash
58 126
71 868
59 349
50 476

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82218
₽76106
₽114313
₽117493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
69 708
surtax
-
-
-
11 723
pensions
-
-
-
26 690
total
-
-
-
117 823
Employee
33 673
-
194 410
-
income
5 645
-
63 727
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
10 527
-
total
11 215
-
95 845
-
Employer
33 673
-
194 410
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
181 738
222 500
-
-
income
47 253
57 850
-
-
total
47 253
57 850
-
-
Dividends
134 486
164 650
-
-
withholding
20 172
24 698
-
-
total
20 172
24 698
-
-
Income
222 500
222 500
222 500
222 500
Total tax
85 728
82 548
123 935
117 823
After tax
136 772
139 952
98 565
104 677
Living cost
22 459
22 459
22 459
22 459
Free-cash
114 313
117 493
76 106
82 218

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79445
₽71014
₽87798
₽90016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 379
national
-
-
-
61 195
regional
-
-
-
3 502
total
-
-
-
116 120
Employee
55 465
-
222 500
-
national
8 787
-
54 503
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 254
-
regional
747
-
3 185
-
total
28 531
-
124 551
-
Employer
55 465
-
222 500
-
total
-
-
-
-
Corporate
167 035
222 500
-
-
nationa
40 088
53 401
-
-
municipal
8 301
11 058
-
-
total
48 389
64 459
-
-
Dividends
118 645
158 041
-
-
withholding
30 847
41 090
-
-
total
30 847
41 090
-
-
Income
222 500
222 500
222 500
222 500
Total tax
107 767
105 549
124 551
116 120
After tax
114 733
116 951
97 949
106 380
Living cost
26 935
26 935
26 935
26 935
Free-cash
87 798
90 016
71 014
79 445

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101864
₽92109
₽113047
₽123602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
34 552
health
-
-
-
30 037
income
-
-
-
23 687
solidarity contribution
-
-
-
2 771
total
-
-
-
91 047
Employee
43 513
-
176 989
-
income
5 222
-
21 811
-
solidarity contribution
-
-
1 895
-
social contributions
2 828
-
7 691
-
health
5 874
-
23 894
-
total
13 924
-
55 291
-
Employer
43 513
-
176 989
-
health
3 916
-
15 929
-
social contributions
10 878
-
29 582
-
total
14 794
-
45 511
-
Corporate
164 193
222 500
-
-
income
31 197
42 275
-
-
total
31 197
42 275
-
-
Dividends
132 996
180 225
-
-
withholding
19 949
27 034
-
-
total
19 949
27 034
-
-
Income
222 500
222 500
222 500
222 500
Total tax
79 864
69 309
100 802
91 047
After tax
142 636
153 191
121 698
131 453
Living cost
29 589
29 589
29 589
29 589
Free-cash
113 047
123 602
92 109
101 864

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82321
₽26507
₽90378
₽90875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
chamber of commerce
-
-
-
890
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
70 711
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
108 279
Employee
43 708
39 847
183 979
-
income
3 894
2 939
59 370
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
80 526
-
Employer
43 708
39 847
183 979
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
8 167
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 520
-
chamber of commerce
175
159
736
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
38 521
-
Corporate
166 214
171 185
180 184
-
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.

41 553
42 796
45 046
-
total
41 553
42 796
45 046
-
Dividends
124 661
128 389
-
-
withholding
34 282
35 306
-
-
total
34 282
35 306
-
-
Income
222 500
222 500
222 500
222 500
Total tax
100 222
99 725
164 093
108 279
After tax
122 278
122 775
58 407
114 221
Living cost
31 900
31 900
31 900
31 900
Free-cash
90 378
90 875
26 507
82 321

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206234
₽163959
₽194700
₽197334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
222 500
microenterprise

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

-
-
-
2 225
total
-
-
-
2 225
Employee
17 552
-
222 500
-
income
3 511
-
44 500
-
total
3 511
-
44 500
-
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%.

204 948
222 500
-
-
total
-
-
-
-
Dividends
204 948
222 500
-
-
withholding
10 248
11 125
-
-
total
10 248
11 125
-
-
Income
222 500
222 500
222 500
222 500
Total tax
13 759
11 125
44 500
2 225
After tax
208 741
211 375
178 000
220 275
Living cost
14 041
14 041
14 041
14 041
Free-cash
194 700
197 334
163 959
206 234

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76737
₽71910
₽118007
₽126372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
unemployment
-
-
-
334
health
-
-
-
21 895
income
-
-
-
56 081
pensions
-
-
-
40 634
total
-
-
-
118 944
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.

44 215
-
192 524
-
income
7 625
-
51 250
-
pensions
6 854
-
29 842
-
unemployment
63
-
269
-
health
2 856
-
12 436
-
total
17 398
-
93 797
-
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.

44 215
-
192 524
-
pensions
3 913
-
17 037
-
health
2 945
-
12 821
-
unemployment
27
-
116
-
total
6 885
-
29 974
-
Corporate
171 401
222 500
-
-
income
32 566
42 276
-
-
total
32 566
42 276
-
-
Dividends
138 834
180 224
-
-
withholding
20 825
27 033
-
-
total
20 825
27 033
-
-
Income
222 500
222 500
222 500
222 500
Total tax
77 674
69 309
123 771
118 944
After tax
144 826
153 191
98 729
103 556
Living cost
26 819
26 819
26 819
26 819
Free-cash
118 007
126 372
71 910
76 737

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110725
₽166338
₽44881
₽92329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
25 365
income
-
-
-
43 370
total
-
-
-
68 735
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
73 770
222 500
-
-
income
16 230
48 950
-
-
total
16 230
48 950
-
-
Dividends
57 541
173 550
-
-
income
12 659
38 181
-
-
total
12 659
38 181
-
-
Income
222 500
222 500
222 500
222 500
Total tax
134 579
87 131
13 122
68 735
After tax
87 921
135 369
209 378
153 765
Living cost
43 040
43 040
43 040
43 040
Free-cash
44 881
92 329
166 338
110 725

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84821
₽67535
₽94187
₽95195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
social contributions

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

-
-
-
77 318
income
-
-
-
28 998
surtax
-
-
-
-
total
-
-
-
106 316
Employee
45 987
-
179 797
-
income
9 565
-
60 917
-
social contributions
5 059
-
19 777
-
surtax
-
-
205
-
total
14 624
-
80 899
-
Employer
45 987
-
179 797
-
social contributions
10 922
-
42 703
-
total
10 922
-
42 703
-
Corporate
165 591
222 500
-
-
surtax
-
-
-
-
income
34 775
46 725
-
-
total
34 775
46 725
-
-
Dividends
130 816
175 775
-
-
withholding
36 629
49 217
-
-
total
36 629
49 217
-
-
Income
222 500
222 500
222 500
222 500
Total tax
96 950
95 942
123 602
106 316
After tax
125 550
126 558
98 898
116 184
Living cost
31 363
31 363
31 363
31 363
Free-cash
94 187
95 195
67 535
84 821

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73674
₽67315
₽70722
₽63848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
6 897
social contributions
-
-
-
6 339
health
-
-
-
10 857
income
-
-
-
41 186
surtax
-
-
-
-
pensions
-
-
-
35 254
total
-
-
-
100 533
Employee
62 625
-
169 819
-
income
5 464
-
36 584
-
pensions
7 083
-
12 795
-
social contributions
1 784
-
4 839
-
surtax
-
-
-
-
total
14 331
-
54 218
-
Employer
62 625
-
169 819
-
pensions
10 290
-
21 362
-
other
2 161
-
7 044
-
health
4 383
-
16 881
-
unemployment
2 537
-
6 878
-
social contributions
188
-
509
-
total
19 559
-
52 674
-
Corporate
140 316
222 500
-
-
surtax
-
-
-
-
income
39 289
62 300
-
-
total
39 289
62 300
-
-
Dividends
101 027
160 200
-
-
surtax
-
-
-
-
social contributions
17 375
27 553
-
-
withholding
12 931
20 506
-
-
total
30 306
48 059
-
-
Income
222 500
222 500
222 500
222 500
Total tax
103 485
110 359
106 892
100 533
After tax
119 015
112 141
115 608
121 967
Living cost
48 293
48 293
48 293
48 293
Free-cash
70 722
63 848
67 315
73 674

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132213
₽138121
₽166836
₽170194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
48 949
income
-
-
-
11 282
total
-
-
-
60 231
Employee
32 145
-
192 639
-
social contributions
2 089
-
12 521
-
income
-
-
11 941
-
total
2 089
-
24 462
-
Employer
32 145
-
192 639
-
social contributions
4 983
-
29 861
-
total
4 983
-
29 861
-
Corporate
185 372
222 500
-
-
income
18 536
22 250
-
-
total
18 536
22 250
-
-
Dividends
166 835
200 250
-
-
total
-
-
-
-
Income
222 500
222 500
222 500
222 500
Total tax
25 608
22 250
54 323
60 231
After tax
196 892
200 250
168 177
162 269
Living cost
30 056
30 056
30 056
30 056
Free-cash
166 836
170 194
138 121
132 213

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80379
₽4576
₽2605
₽4576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
municipal
-
-
-
47 723
national
-
-
-
27 630
labour market
-
-
-
17 731
pensions
-
-
-
867
total
-
-
-
93 951
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
4 577
-
-
-
income
1 007
-
-
-
total
1 007
-
-
-
Dividends
3 570
-
-
-
withholding
964
-
-
-
total
964
-
-
-
Income
222 500
222 500
222 500
222 500
Total tax
171 725
169 754
169 754
93 951
After tax
50 775
52 746
52 746
128 549
Living cost
48 170
48 170
48 170
48 170
Free-cash
2 605
4 576
4 576
80 379

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130341
₽100920
₽14711
-₽3568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 630
pensions
-
-
-
4 145
total
-
-
-
70 568
Employee
33 964
-
203 156
-
income
4 659
-
49 785
-
pensions
3 825
-
7 599
-
health
3 889
-
23 261
-
total
12 373
-
80 645
-
Employer
33 964
-
203 156
-
pensions
5 522
-
10 974
-
accident
567
-
3 393
-
unemployment
832
-
4 977
-
total
6 921
-
19 344
-
Corporate
181 615
222 500
-
-
income

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

163 453
200 250
-
-
total
163 453
200 250
-
-
Dividends
18 161
22 250
-
-
withholding
3 451
4 227
-
-
total
3 451
4 227
-
-
Income
222 500
222 500
222 500
222 500
Total tax
186 198
204 477
99 989
70 568
After tax
36 302
18 023
122 511
151 932
Living cost
21 591
21 591
21 591
21 591
Free-cash
14 711
-3 568
100 920
130 341

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98384
₽72899
₽101244
₽98154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
222 500
municipal
-
-
-
39 509
health
-
-
-
3 009
national
-
-
-
43 210
total
-
-
-
85 728
Employee
52 606
-
187 179
-
pensions
3 550
-
12 635
-
national
869
-
27 516
-
municipal
8 616
-
30 468
-
unemployment
789
-
2 808
-
health
393
-
2 465
-
total
14 217
-
75 892
-
Employer
52 606
-
187 179
-
pensions
9 127
-
32 475
-
accident
53
-
188
-
health
404
-
1 442
-
unemployment
342
-
1 216
-
total
9 926
-
35 321
-
Corporate
159 968
222 500
-
-
income
31 993
44 500
-
-
total
31 993
44 500
-
-
Dividends

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

95 981
133 500
-
-
municipal
17 277
24 030
-
-
national
9 455
17 428
-
-
total
26 732
41 458
-
-
Income
222 500
222 500
222 500
222 500
Total tax
82 868
85 958
111 213
85 728
After tax
139 632
136 542
111 287
136 772
Living cost
38 388
38 388
38 388
38 388
Free-cash
101 244
98 154
72 899
98 384

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126607
₽124774
₽133573
₽139018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
16 178
health
-
-
-
5 673
income
-
-
-
50 892
total
-
-
-
72 743
Employee
76 887
76 887
210 007
-
income
8 372
7 117
49 905
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 571
-
total
11 875
14 805
62 083
-
Employer
76 887
76 887
210 007
-
health
647
1 423
3 886
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 493
-
Corporate
183 921
137 809
-
-
income
22 990
17 225
-
-
total
22 990
17 225
-
-
Dividends
160 932
120 584
-
-
withholding
27 358
20 498
-
-
total
27 358
20 498
-
-
Income
222 500
222 500
222 500
222 500
Total tax
65 777
60 332
74 576
72 743
After tax
156 723
162 168
147 924
149 757
Living cost
23 150
23 150
23 150
23 150
Free-cash
133 573
139 018
124 774
126 607

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173599
₽153542
₽163290
₽168376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
222 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
23 020
pensions
-
-
-
6 360
total
-
-
-
33 026
Employee

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

22 951
-
212 728
-
income
1 569
-
20 542
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
43 311
-
Employer

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

22 951
-
212 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
197 187
222 500
-
-
income
17 747
20 026
-
-
total
17 747
20 026
-
-
Dividends
179 440
202 474
-
-
withholding
16 149
18 223
-
-
total
16 149
18 223
-
-
Income
222 500
222 500
222 500
222 500
Total tax
43 335
38 249
53 083
33 026
After tax
179 165
184 251
169 417
189 474
Living cost
15 875
15 875
15 875
15 875
Free-cash
163 290
168 376
153 542
173 599

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96850
₽92655
₽115838
₽120255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 350
pensions
-
-
-
26 227
total
-
-
-
98 154
Employee
36 972
-
192 954
-
income
7 128
-
66 917
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
72 803
-
Employer
36 972
-
192 954
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
173 741
222 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 062
33 375
-
-
total
26 062
33 375
-
-
Dividends
147 679
189 125
-
-
withholding
31 842
41 374
-
-
total
31 842
41 374
-
-
Income
222 500
222 500
222 500
222 500
Total tax
79 166
74 749
102 349
98 154
After tax
143 334
147 751
120 151
124 346
Living cost
27 496
27 496
27 496
27 496
Free-cash
115 838
120 255
92 655
96 850

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140279
₽140083
₽135652
₽136102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
health
-
-
-
1 448
income
-
-
-
76 038
pensions
-
-
-
1 997
total
-
-
-
79 483
Employee
4 171
-
220 253
-
income
807
-
75 933
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
77 431
-
Employer
4 171
-
220 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
217 391
222 500
-
-
income
47 826
48 950
-
-
total
47 826
48 950
-
-
Dividends
169 565
173 550
-
-
withholding
33 913
34 710
-
-
total
33 913
34 710
-
-
Income
222 500
222 500
222 500
222 500
Total tax
84 110
83 660
79 679
79 483
After tax
138 390
138 840
142 821
143 017
Living cost
2 738
2 738
2 738
2 738
Free-cash
135 652
136 102
140 083
140 279

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125825
₽125825
₽138543
₽143463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
51 448
pensions
-
-
-
19 214
total
-
-
-
79 382
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.

26 076
-
209 272
-
income
3 594
-
51 448
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
66 154
-
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.

26 076
-
209 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
191 756
222 500
-
-
income
28 763
33 375
-
-
total
28 763
33 375
-
-
Dividends
162 993
189 125
-
-
withholding
24 449
28 369
-
-
total
24 449
28 369
-
-
Income
222 500
222 500
222 500
222 500
Total tax
66 664
61 744
79 382
79 382
After tax
155 836
160 756
143 118
143 118
Living cost
17 293
17 293
17 293
17 293
Free-cash
138 543
143 463
125 825
125 825

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89228
₽71942
₽99241
₽99602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
social contributions

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

-
-
-
77 318
income
-
-
-
28 998
surtax
-
-
-
-
total
-
-
-
106 316
Employee
38 808
-
179 797
-
income
7 583
-
60 917
-
social contributions
4 269
-
19 777
-
surtax
-
-
205
-
total
11 852
-
80 899
-
Employer
38 808
-
179 797
-
social contributions
9 216
-
42 703
-
total
9 216
-
42 703
-
Corporate
174 476
222 500
-
-
surtax
-
-
-
-
income
36 640
46 725
-
-
total
36 640
46 725
-
-
Dividends
137 836
175 775
-
-
withholding
38 595
49 217
-
-
total
38 595
49 217
-
-
Income
222 500
222 500
222 500
222 500
Total tax
96 303
95 942
123 602
106 316
After tax
126 197
126 558
98 898
116 184
Living cost
26 956
26 956
26 956
26 956
Free-cash
99 241
99 602
71 942
89 228

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89206
₽85011
₽106069
₽112611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 350
pensions
-
-
-
26 227
total
-
-
-
98 154
Employee
48 290
-
192 954
-
income
10 086
-
66 917
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
72 803
-
Employer
48 290
-
192 954
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
158 814
222 500
-
-
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.

23 823
33 375
-
-
total
23 823
33 375
-
-
Dividends
134 991
189 125
-
-
withholding
28 923
41 374
-
-
total
28 923
41 374
-
-
Income
222 500
222 500
222 500
222 500
Total tax
81 291
74 749
102 349
98 154
After tax
141 209
147 751
120 151
124 346
Living cost
35 140
35 140
35 140
35 140
Free-cash
106 069
112 611
85 011
89 206

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162604
₽171831
₽166949
₽173041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
33 375
pensions

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

-
-
-
5 168
total
-
-
-
42 699
Employee
22 772
-
215 649
-
income
2 278
-
21 565
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
26 621
-
Employer
22 772
-
215 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
195 260
222 500
-
-
income
19 526
22 250
-
-
total
19 526
22 250
-
-
Dividends
175 734
200 250
-
-
withholding
8 786
10 012
-
-
total
8 786
10 012
-
-
Income
222 500
222 500
222 500
222 500
Total tax
38 354
32 262
33 472
42 699
After tax
184 146
190 238
189 028
179 801
Living cost
17 197
17 197
17 197
17 197
Free-cash
166 949
173 041
171 831
162 604

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73823
₽99080
₽88912
₽75832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
trade
-
-
-
25 257
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.

-
-
-
6 831
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.

-
-
-
73 920
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.

-
-
-
4 066
total
-
-
-
110 074
Employee

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

49 751
-
222 500
-
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.

226
-
4 066
-
income

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

4 091
-
73 920
-
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.

6 831
-
6 831
-
total
11 148
-
84 817
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 749
222 500
-
-
trade
24 789
31 929
-
-
surtax

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

1 425
1 835
-
-
income
25 912
33 375
-
-
chamber of commerce
404
478
-
-
total
52 530
67 617
-
-
Dividends
120 220
154 883
-
-
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.

1 632
2 108
-
-
withholding
29 675
38 340
-
-
total
31 307
40 448
-
-
Income
222 500
222 500
222 500
222 500
Total tax
94 985
108 065
84 817
110 074
After tax
127 515
114 435
137 683
112 426
Living cost
38 603
38 603
38 603
38 603
Free-cash
88 912
75 832
99 080
73 823

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54875
₽54875
₽101000
₽98791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
38 195
income
-
-
-
72 472
total
-
-
-
110 667
Employee
78 213
-
222 500
-
social contributions
6 498
-
38 195
-
income
14 759
-
72 472
-
total
21 257
-
110 667
-
Employer
78 213
-
222 500
-
total
-
-
-
-
Corporate
144 287
222 500
-
-
income
18 035
27 813
-
-
total
18 035
27 813
-
-
Dividends
126 251
194 687
-
-
withholding
25 250
38 938
-
-
total
25 250
38 938
-
-
Income
222 500
222 500
222 500
222 500
Total tax
64 542
66 751
110 667
110 667
After tax
157 958
155 749
111 833
111 833
Living cost
56 958
56 958
56 958
56 958
Free-cash
101 000
98 791
54 875
54 875

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146154
₽119076
₽106539
₽103047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
health

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

-
-
-
6 675
income
-
-
-
33 375
total
-
-
-
40 050
Employee
45 869
-
217 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
57 930
-
total
9 573
-
62 529
-
Employer
45 869
-
217 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
172 035
222 500
-
-
income
60 213
77 874
-
-
total
60 213
77 874
-
-
Dividends
111 823
144 626
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
222 500
222 500
222 500
222 500
Total tax
79 665
83 157
67 128
40 050
After tax
142 835
139 343
155 372
182 450
Living cost
36 296
36 296
36 296
36 296
Free-cash
106 539
103 047
119 076
146 154

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106784
₽86897
₽109355
₽103400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
income
-
-
-
68 408
pensions
-
-
-
9 956
total
-
-
-
78 364
Employee
51 271
-
193 947
-
income
9 337
-
55 149
-
pensions
3 913
-
11 913
-
health
669
-
2 636
-
total
13 919
-
69 698
-
Employer
51 271
-
193 947
-
pensions
5 180
-
24 868
-
health
974
-
3 685
-
total
6 154
-
28 553
-
Corporate
165 074
222 500
-
-
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.

31 364
42 275
-
-
total
31 364
42 275
-
-
Dividends
133 711
180 225
-
-
withholding
24 356
39 473
-
-
total
24 356
39 473
-
-
Income
222 500
222 500
222 500
222 500
Total tax
75 793
81 748
98 251
78 364
After tax
146 707
140 752
124 249
144 136
Living cost
37 352
37 352
37 352
37 352
Free-cash
109 355
103 400
86 897
106 784

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽128204
₽98783
₽14383
-₽5705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 630
pensions
-
-
-
4 145
total
-
-
-
70 568
Employee
37 325
-
203 156
-
income
5 121
-
49 785
-
pensions
4 203
-
7 599
-
health
4 274
-
23 261
-
total
13 598
-
80 645
-
Employer
37 325
-
203 156
-
pensions
6 069
-
10 974
-
accident
623
-
3 393
-
unemployment
914
-
4 977
-
total
7 606
-
19 344
-
Corporate
177 568
222 500
-
-
income

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

159 811
200 250
-
-
total
159 811
200 250
-
-
Dividends
17 757
22 250
-
-
withholding
3 374
4 227
-
-
total
3 374
4 227
-
-
Income
222 500
222 500
222 500
222 500
Total tax
184 389
204 477
99 989
70 568
After tax
38 111
18 023
122 511
151 932
Living cost
23 728
23 728
23 728
23 728
Free-cash
14 383
-5 705
98 783
128 204

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127655
₽149633
₽153688
₽156711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
222 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
37 387
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
81 344
Employee

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

21 601
-
222 500
-
income
2 160
-
37 387
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
59 366
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 899
222 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

20 090
22 250
-
-
total
20 090
22 250
-
-
Dividends
180 809
200 250
-
-
withholding
27 121
30 038
-
-
total
27 121
30 038
-
-
Income
222 500
222 500
222 500
222 500
Total tax
55 311
52 288
59 366
81 344
After tax
167 189
170 212
163 134
141 156
Living cost
13 501
13 501
13 501
13 501
Free-cash
153 688
156 711
149 633
127 655

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64467
₽56252
₽72815
₽77364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
222 500
social contributions
-
-
-
50 044
municipal
-
-
-
1 552
national
-
-
-
61 195
regional
-
-
-
5 409
total
-
-
-
118 200
Employee
84 257
-
222 500
-
national
14 239
-
54 503
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 412
-
regional
1 272
-
4 891
-
total
44 425
-
126 415
-
Employer
84 257
-
222 500
-
total
-
-
-
-
Corporate
138 243
222 500
-
-
nationa
33 179
53 401
-
-
municipal
6 664
10 725
-
-
total
39 843
64 126
-
-
Dividends
98 400
158 375
-
-
withholding
25 584
41 177
-
-
total
25 584
41 177
-
-
Income
222 500
222 500
222 500
222 500
Total tax
109 852
105 303
126 415
118 200
After tax
112 648
117 197
96 085
104 300
Living cost
39 833
39 833
39 833
39 833
Free-cash
72 815
77 364
56 252
64 467

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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