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
₽ 223500
per

Your estimated
City
free-cash

Dresden , Germany
₽83492
₽108579
₽80423
₽94135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income

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

-
-
-
75 076
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.

-
-
-
4 128
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.

-
-
-
6 573
trade
-
-
-
28 156
total
-
-
-
113 933
Employee

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

36 802
-
223 500
-
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.

57
-
4 128
-
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.

1 028
-
75 076
-
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.

6 573
-
6 573
-
total
7 658
-
85 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 698
223 500
-
-
income
28 004
33 526
-
-
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.

1 541
1 844
-
-
chamber of commerce
414
467
-
-
trade
29 405
35 202
-
-
total
59 364
71 039
-
-
Dividends
127 334
152 461
-
-
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.

1 731
2 076
-
-
withholding
31 468
37 749
-
-
total
33 199
39 825
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 221
110 864
85 777
113 933
After tax
123 279
112 636
137 723
109 567
Living cost
29 144
29 144
29 144
29 144
Free-cash
94 135
83 492
108 579
80 423

Estimated living cost  is ₽29144 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88046
₽77440
₽76240
₽87191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
2 403
municipal
-
-
-
24 802
national
-
-
-
41 817
pensions
-
-
-
26 820
total
-
-
-
95 842
Employee
79 708
-
193 214
-
municipal
9 845
-
25 667
-
pensions
3 188
-
7 729
-
national
15 256
-
43 712
-
total
28 289
-
77 108
-
Employer
79 708
-
193 214
-
pensions
6 377
-
15 457
-
social contributions
857
-
2 077
-
total
7 234
-
17 534
-
Corporate
131 298
223 500
-
-
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%.

26 260
44 700
-
-
total
26 260
44 700
-
-
Dividends
105 039
178 800
-
-
withholding
23 108
39 336
-
-
total
23 108
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 891
84 036
94 642
95 842
After tax
138 609
139 464
128 858
127 658
Living cost
51 418
51 418
51 418
51 418
Free-cash
87 191
88 046
77 440
76 240

Estimated living cost  is ₽51418 per week

₽34948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽770
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158783
₽77526
₽61750
₽150891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
47 875
surtax
-
-
-
56 993
social contributions

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

-
-
-
36 865
microenterprise
-
-
-
-
total
-
-
-
141 733
Employee
28 115
-
176 464
-
surtax
-
-
25 587
-
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.

3 093
-
12 613
-
income
5 005
-
40 722
-
total
8 098
-
78 922
-
Employer
28 115
-
176 464
-
social contributions

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

6 772
-
27 624
-
surtax
-
-
19 411
-
total
6 772
-
47 035
-
Corporate
188 612
223 500
-
-
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%.

37 722
44 700
-
-
total
37 722
44 700
-
-
Dividends

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

150 890
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 592
44 700
125 957
141 733
After tax
170 908
178 800
97 543
81 767
Living cost
20 017
20 017
20 017
20 017
Free-cash
150 891
158 783
77 526
61 750

Estimated living cost  is ₽20017 per week

₽12771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71152
₽102620
₽79324
₽65258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
80 731
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
103 869
Employee
82 167
82 167
205 619
-
pensions
14 790
11 273
11 273
-
income

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

13 449
13 449
39 554
-
health
12 612
10 727
11 865
-
total
40 851
35 449
62 692
-
Employer
82 167
82 167
205 619
-
health
5 711
5 711
7 097
-
pensions
5 719
5 719
7 108
-
unemployment
2 958
2 958
3 676
-
total
14 388
14 388
17 881
-
Corporate
127 953
126 945
-
-
income
25 590
25 389
-
-
total
25 590
25 389
-
-
Dividends
102 363
101 556
-
-
income
21 752
21 581
-
-
withholding
15 354
15 234
-
-
total
37 106
36 815
-
-
Income
223 500
223 500
223 500
223 500
Total tax
117 935
112 041
80 573
103 869
After tax
105 565
111 459
142 927
119 631
Living cost
40 307
40 307
40 307
40 307
Free-cash
65 258
71 152
102 620
79 324

Estimated living cost  is ₽40307 per week

₽28565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82671
₽71383
₽72337
₽81787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
172
other
-
-
-
10 024
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
59 196
national
-
-
-
27 617
pensions
-
-
-
9 325
total
-
-
-
111 803
Employee
56 084
-
196 396
-
municipal
16 724
-
58 565
-
national
-
-
27 089
-
total
16 724
-
85 654
-
Employer
56 084
-
196 396
-
health
3 449
-
5 305
-
pensions
6 063
-
9 325
-
accident
112
-
172
-
unemployment
1 481
-
2 277
-
other
6 517
-
10 024
-
total
17 622
-
27 103
-
Corporate
149 795
223 500
-
-
income
32 955
49 170
-
-
total
32 955
49 170
-
-
Dividends
116 840
174 330
-
-
withholding
35 052
52 299
-
-
total
35 052
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 353
101 469
112 757
111 803
After tax
121 147
122 031
110 743
111 697
Living cost
39 360
39 360
39 360
39 360
Free-cash
81 787
82 671
71 383
72 337

Estimated living cost  is ₽39360 per week

₽26086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73688
₽99924
₽70518
₽87210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income

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

-
-
-
75 076
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.

-
-
-
4 128
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.

-
-
-
6 573
trade
-
-
-
29 406
total
-
-
-
115 183
Employee

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

48 794
-
223 500
-
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.

230
-
4 128
-
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.

4 192
-
75 076
-
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.

6 573
-
6 573
-
total
10 995
-
85 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 706
223 500
-
-
income
26 206
33 526
-
-
surtax

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

1 441
1 844
-
-
chamber of commerce
394
464
-
-
trade
28 738
36 765
-
-
total
56 779
72 599
-
-
Dividends
117 927
150 901
-
-
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.

1 601
2 054
-
-
withholding
29 116
37 360
-
-
total
30 717
39 414
-
-
Income
223 500
223 500
223 500
223 500
Total tax
98 491
112 013
85 777
115 183
After tax
125 009
111 487
137 723
108 317
Living cost
37 799
37 799
37 799
37 799
Free-cash
87 210
73 688
99 924
70 518

Estimated living cost  is ₽37799 per week

₽25280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131662
₽117032
₽118849
₽127671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
52 176
social contributions
-
-
-
15 568
health
-
-
-
5 699
total
-
-
-
73 443
Employee
73 987
73 987
211 308
-
social contributions
3 595
6 141
8 282
-
income
7 769
6 849
51 195
-
health
736
1 258
3 592
-
total
12 100
14 248
63 069
-
Employer
73 987
73 987
211 308
-
health
802
1 369
3 909
-
social contributions
3 595
6 141
8 282
-
total
4 397
7 510
12 191
-
Corporate
175 794
142 003
-
-
income
21 975
17 750
-
-
total
21 975
17 750
-
-
Dividends
153 819
124 253
-
-
withholding
26 149
21 122
-
-
total
26 149
21 122
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 621
60 630
75 260
73 443
After tax
158 879
162 870
148 240
150 057
Living cost
31 208
31 208
31 208
31 208
Free-cash
127 671
131 662
117 032
118 849

Estimated living cost  is ₽31208 per week

₽21334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
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.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107770
₽111894
₽137158
₽108137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
27 323
unemployment
-
-
-
3 353
health
-
-
-
15 645
pensions
-
-
-
22 350
total
-
-
-
68 671
Employee

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
187 029
-
unemployment
383
152
2 805
-
pensions
2 551
1 015
18 703
-
income
3 118
1 241
22 864
-
health
1 786
711
13 092
-
total
7 838
3 119
57 464
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 508
10 152
187 029
-
pensions
4 974
1 980
36 471
-
total
4 974
1 980
36 471
-
Corporate
193 018
211 369
-
-
income
17 372
19 023
-
-
total
17 372
19 023
-
-
Dividends
175 646
192 345
-
-
social contributions
34 135
37 391
-
-
withholding
33 373
36 546
-
-
total
67 508
73 937
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 692
98 059
93 935
68 671
After tax
125 808
125 441
129 565
154 829
Living cost
17 671
17 671
17 671
17 671
Free-cash
108 137
107 770
111 894
137 158

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155560
₽105580
₽96555
₽149583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
29 949
health
-
-
-
29 056
pensions
-
-
-
44 700
total
-
-
-
103 705
Employee
27 296
-
167 041
-
unemployment
436
-
2 673
-
pensions
546
-
3 341
-
income
3 073
-
32 206
-
total
4 055
-
38 220
-
Employer
27 296
-
167 041
-
health
3 548
-
21 716
-
pensions
5 460
-
33 407
-
unemployment
219
-
1 337
-
total
9 227
-
56 460
-
Corporate
186 978
223 500
-
-
income
37 395
44 700
-
-
total
37 395
44 700
-
-
Dividends
149 583
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 677
44 700
94 680
103 705
After tax
172 823
178 800
128 820
119 795
Living cost
23 240
23 240
23 240
23 240
Free-cash
149 583
155 560
105 580
96 555

Estimated living cost  is ₽23240 per week

₽15940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
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.
₽5449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3369
₽101741
₽131128
₽14810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
246
income
-
-
-
64 103
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
70 900
Employee
33 776
-
204 329
-
pensions
3 803
-
7 446
-
income
4 634
-
50 274
-
health
3 867
-
23 396
-
total
12 304
-
81 116
-
Employer
33 776
-
204 329
-
pensions
5 492
-
10 753
-
accident
564
-
3 412
-
unemployment
827
-
5 006
-
total
6 883
-
19 171
-
Corporate
182 841
223 500
-
-
income

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

164 557
201 150
-
-
total
164 557
201 150
-
-
Dividends
18 284
22 350
-
-
withholding
3 474
4 247
-
-
total
3 474
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 218
205 397
100 287
70 900
After tax
36 282
18 103
123 213
152 600
Living cost
21 472
21 472
21 472
21 472
Free-cash
14 810
-3 369
101 741
131 128

Estimated living cost  is ₽21472 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204445
₽170920
₽213385
₽202968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
9 850
-
223 500
-
income
1 970
-
44 700
-
total
1 970
-
44 700
-
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%.

213 650
223 500
-
-
total
-
-
-
-
Dividends
213 650
223 500
-
-
withholding
10 682
11 175
-
-
total
10 682
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 652
11 175
44 700
2 235
After tax
210 848
212 325
178 800
221 265
Living cost
7 880
7 880
7 880
7 880
Free-cash
202 968
204 445
170 920
213 385

Estimated living cost  is ₽7880 per week

₽4883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138567
₽107848
₽109682
₽132071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
39 677
other
-
-
-
6 949
health
-
-
-
6 438
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.

-
-
-
35 116
total
-
-
-
88 180
Employee
34 936
-
186 310
-
unemployment
349
-
1 463
-
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.

2 445
-
10 242
-
income
6 015
-
39 068
-
health
489
-
2 049
-
total
9 298
-
52 822
-
Employer
34 936
-
186 310
-
health
489
-
2 049
-
pensions

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

5 940
-
24 875
-
accident
279
-
1 490
-
unemployment
349
-
1 463
-
other
1 747
-
7 315
-
total
8 804
-
37 192
-
Corporate
179 760
223 500
-
-
income
37 749
46 935
-
-
total
37 749
46 935
-
-
Dividends
142 010
176 565
-
-
withholding
9 940
12 360
-
-
total
9 940
12 360
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 791
59 295
90 014
88 180
After tax
157 709
164 205
133 486
135 320
Living cost
25 638
25 638
25 638
25 638
Free-cash
132 071
138 567
107 848
109 682

Estimated living cost  is ₽25638 per week

₽18115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76664
₽60487
₽80405
₽84323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 824
pensions
-
-
-
9 676
total
-
-
-
79 500
Employee
89 978
-
194 722
-
pensions
8 680
-
11 491
-
income
16 219
-
56 543
-
health
1 483
-
2 606
-
total
26 382
-
70 640
-
Employer
89 978
-
194 722
-
health
1 709
-
3 700
-
pensions
10 624
-
25 078
-
total
12 333
-
28 778
-
Corporate
121 190
223 500
-
-
income

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

23 026
42 466
-
-
total
23 026
42 466
-
-
Dividends
98 164
181 034
-
-
withholding
13 841
40 775
-
-
total
13 841
40 775
-
-
Income
223 500
223 500
223 500
223 500
Total tax
75 582
83 241
99 418
79 500
After tax
147 918
140 259
124 082
144 000
Living cost
63 595
63 595
63 595
63 595
Free-cash
84 323
76 664
60 487
80 405

Estimated living cost  is ₽63595 per week

₽47653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178486
₽177750
₽168401
₽174018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
42 492
Employee
16 693
-
216 911
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 466
-
2 949
-
income
1 669
-
21 691
-
health
768
-
1 545
-
total
4 087
-
26 554
-
Employer
16 693
-
216 911
-
health
1 152
-
2 317
-
pensions

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

1 840
-
3 701
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
202
-
total
3 276
-
6 589
-
Corporate
203 531
223 500
-
-
income
20 353
22 350
-
-
total
20 353
22 350
-
-
Dividends
183 178
201 150
-
-
withholding
9 159
10 057
-
-
total
9 159
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
36 875
32 407
33 143
42 492
After tax
186 625
191 093
190 357
181 008
Living cost
12 607
12 607
12 607
12 607
Free-cash
174 018
178 486
177 750
168 401

Estimated living cost  is ₽12607 per week

₽7360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58105
₽89573
₽66277
₽60526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
80 731
health
-
-
-
11 865
pensions
-
-
-
11 273
total
-
-
-
103 869
Employee
89 206
82 167
205 619
-
pensions
11 273
11 273
11 273
-
income

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

13 449
13 449
39 554
-
health
11 129
10 727
11 865
-
total
35 851
35 449
62 692
-
Employer
89 206
82 167
205 619
-
health
6 199
5 711
7 097
-
pensions
6 208
5 719
7 108
-
unemployment
3 212
2 958
3 676
-
total
15 619
14 388
17 881
-
Corporate
118 675
126 945
-
-
income
23 735
25 389
-
-
total
23 735
25 389
-
-
Dividends
94 939
101 556
-
-
income
20 175
21 581
-
-
withholding
14 240
15 234
-
-
total
34 415
36 815
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 620
112 041
80 573
103 869
After tax
113 880
111 459
142 927
119 631
Living cost
53 354
53 354
53 354
53 354
Free-cash
60 526
58 105
89 573
66 277

Estimated living cost  is ₽53354 per week

₽39358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129950
₽98442
₽108260
₽121413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
23 834
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
2 868
health
-
-
-
30 173
total
-
-
-
91 310
Employee
35 191
-
177 998
-
solidarity contribution
-
-
1 986
-
social contributions
2 287
-
7 665
-
income
4 223
-
21 945
-
health
4 751
-
24 030
-
total
11 261
-
55 626
-
Employer
35 191
-
177 998
-
health
3 167
-
16 020
-
social contributions
8 798
-
29 482
-
total
11 965
-
45 502
-
Corporate
176 343
223 500
-
-
income
33 505
42 465
-
-
total
33 505
42 465
-
-
Dividends
142 838
181 035
-
-
withholding
21 426
27 155
-
-
total
21 426
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 157
69 620
101 128
91 310
After tax
145 343
153 880
122 372
132 190
Living cost
23 930
23 930
23 930
23 930
Free-cash
121 413
129 950
98 442
108 260

Estimated living cost  is ₽23930 per week

₽16622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
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.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78644
₽59394
₽67553
₽73621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
48 157
regional
-
-
-
2 860
municipal
-
-
-
1 402
national
-
-
-
62 927
total
-
-
-
115 346
Employee
85 513
-
223 500
-
municipal
453
-
1 284
-
national
14 817
-
56 487
-
regional
807
-
2 599
-
social contributions
28 835
-
63 135
-
total
44 912
-
123 505
-
Employer
85 513
-
223 500
-
total
-
-
-
-
Corporate
137 987
223 500
-
-
municipal
5 381
8 717
-
-
nationa
33 117
53 640
-
-
total
38 498
62 357
-
-
Dividends
99 489
161 143
-
-
withholding
25 868
41 898
-
-
total
25 868
41 898
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 278
104 255
123 505
115 346
After tax
114 222
119 245
99 995
108 154
Living cost
40 601
40 601
40 601
40 601
Free-cash
73 621
78 644
59 394
67 553

Estimated living cost  is ₽40601 per week

₽28302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119349
₽77935
₽83819
₽116352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 304
other
-
-
-
-
surtax
-
-
-
12 126
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
118 449
Employee
31 819
-
196 469
-
other
-
-
-
-
unemployment
2 215
-
8 938
-
pensions
2 122
-
8 565
-
surtax
104
-
10 976
-
income
5 334
-
65 549
-
health
813
-
3 274
-
total
10 588
-
97 302
-
Employer
31 819
-
196 469
-
health
1 448
-
5 843
-
pensions
4 242
-
17 118
-
unemployment
1 008
-
4 070
-
other
-
-
-
-
total
6 698
-
27 031
-
Corporate
184 984
223 500
-
-
income
48 097
58 110
-
-
total
48 097
58 110
-
-
Dividends
136 887
165 390
-
-
withholding
20 533
24 809
-
-
total
20 533
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 916
82 919
124 333
118 449
After tax
137 584
140 581
99 167
105 051
Living cost
21 232
21 232
21 232
21 232
Free-cash
116 352
119 349
77 935
83 819

Estimated living cost  is ₽21232 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96812
₽80635
₽100553
₽103095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 824
pensions
-
-
-
9 676
total
-
-
-
79 500
Employee
60 301
-
194 722
-
pensions
5 118
-
11 491
-
income
10 860
-
56 543
-
health
875
-
2 606
-
total
16 853
-
70 640
-
Employer
60 301
-
194 722
-
health
1 146
-
3 700
-
pensions
6 528
-
25 078
-
total
7 674
-
28 778
-
Corporate
155 526
223 500
-
-
income

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

29 551
42 466
-
-
total
29 551
42 466
-
-
Dividends
125 975
181 034
-
-
withholding
22 880
40 775
-
-
total
22 880
40 775
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 958
83 241
99 418
79 500
After tax
146 542
140 259
124 082
144 000
Living cost
43 447
43 447
43 447
43 447
Free-cash
103 095
96 812
80 635
100 553

Estimated living cost  is ₽43447 per week

₽32550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25655
₽92626
₽100823
₽58407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
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.

-
-
-
4 471
regional
-
-
-
12 500
health
-
-
-
503
city
-
-
-
2 355
national
-
-
-
5 740
pensions
-
-
-
20 562
total
-
-
-
46 131
Employee
89 579
-
201 137
-
unemployment
-
-
-
-
pensions
7 526
-
15 677
-
national
424
-
4 739
-
regional
2 933
-
11 135
-
city
961
-
2 174
-
health
202
-
452
-
total
12 046
-
34 177
-
Employer
89 579
-
201 137
-
health
202
-
452
-
pensions
7 526
-
15 677
-
unemployment
-
-
-
-
other

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

1 791
-
4 022
-
total
9 519
-
20 151
-
Corporate
123 417
223 500
-
-
regional
26 103
47 270
-
-
national
10 491
18 997
-
-
total
36 594
66 267
-
-
Dividends
86 824
157 232
-
-
withholding
30 388
55 032
-
-
total
30 388
55 032
-
-
Income
223 500
223 500
223 500
223 500
Total tax
88 547
121 299
54 328
46 131
After tax
134 953
102 201
169 172
177 369
Living cost
76 546
76 546
76 546
76 546
Free-cash
58 407
25 655
92 626
100 823

Estimated living cost  is ₽76546 per week

₽49777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18960
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66259
₽93645
₽62986
₽81863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income

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

-
-
-
75 076
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.

-
-
-
4 128
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.

-
-
-
6 573
trade
-
-
-
30 659
total
-
-
-
116 436
Employee

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

57 825
-
223 500
-
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.

374
-
4 128
-
income

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

6 800
-
75 076
-
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.

6 573
-
6 573
-
total
13 747
-
85 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 675
223 500
-
-
income
24 851
33 526
-
-
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.

1 368
1 844
-
-
chamber of commerce
380
460
-
-
trade
28 413
38 330
-
-
total
55 012
74 160
-
-
Dividends
110 663
149 340
-
-
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.

1 501
2 034
-
-
withholding
27 299
36 969
-
-
total
28 800
39 003
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 559
113 163
85 777
116 436
After tax
125 941
110 337
137 723
107 064
Living cost
44 078
44 078
44 078
44 078
Free-cash
81 863
66 259
93 645
62 986

Estimated living cost  is ₽44078 per week

₽32193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79724
₽81775
₽88774
₽85409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
42 671
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 367
health
-
-
-
11 136
pensions
-
-
-
34 704
total
-
-
-
101 807
Employee
41 180
-
170 170
-
pensions
4 656
-
12 997
-
surtax
-
-
-
-
social contributions
1 174
-
4 850
-
income
2 430
-
37 628
-
total
8 260
-
55 475
-
Employer
41 180
-
170 170
-
health
2 883
-
17 123
-
pensions
6 765
-
21 671
-
unemployment
1 667
-
6 891
-
social contributions
124
-
511
-
other
1 421
-
7 135
-
total
12 860
-
53 331
-
Corporate
169 460
223 500
-
-
income
47 448
62 580
-
-
surtax
-
-
-
-
total
47 448
62 580
-
-
Dividends
122 012
160 920
-
-
surtax
-
-
-
-
social contributions
20 987
27 679
-
-
withholding
15 617
20 598
-
-
total
36 604
48 277
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 172
110 857
108 806
101 807
After tax
118 328
112 643
114 694
121 693
Living cost
32 919
32 919
32 919
32 919
Free-cash
85 409
79 724
81 775
88 774

Estimated living cost  is ₽32919 per week

₽20757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82985
₽85036
₽92035
₽88331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
42 671
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 367
health
-
-
-
11 136
pensions
-
-
-
34 704
total
-
-
-
101 807
Employee
36 759
-
170 170
-
pensions
4 158
-
12 997
-
surtax
-
-
-
-
social contributions
1 048
-
4 850
-
income
1 895
-
37 628
-
total
7 101
-
55 475
-
Employer
36 759
-
170 170
-
health
2 573
-
17 123
-
pensions
6 040
-
21 671
-
unemployment
1 488
-
6 891
-
social contributions
110
-
511
-
other
1 269
-
7 135
-
total
11 480
-
53 331
-
Corporate
175 262
223 500
-
-
income
49 073
62 580
-
-
surtax
-
-
-
-
total
49 073
62 580
-
-
Dividends
126 188
160 920
-
-
surtax
-
-
-
-
social contributions
21 705
27 679
-
-
withholding
16 152
20 598
-
-
total
37 857
48 277
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 511
110 857
108 806
101 807
After tax
117 989
112 643
114 694
121 693
Living cost
29 658
29 658
29 658
29 658
Free-cash
88 331
82 985
85 036
92 035

Estimated living cost  is ₽29658 per week

₽17200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115950
₽116932
₽123127
₽116452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 526
social contributions
-
-
-
30 843
health
-
-
-
15 601
total
-
-
-
79 970
Employee
32 624
-
223 500
-
social contributions
4 503
-
30 843
-
income
5 441
-
39 721
-
health
2 277
-
15 601
-
total
12 221
-
86 165
-
Employer
32 624
-
223 500
-
total
-
-
-
-
Corporate
190 876
223 500
-
-
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%.

9 544
11 175
-
-
total
9 544
11 175
-
-
Dividends
181 332
212 325
-
-
social contributions
25 024
29 301
-
-
withholding
27 199
31 850
-
-
health
12 657
14 821
-
-
total
64 880
75 972
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 645
87 147
86 165
79 970
After tax
136 855
136 353
137 335
143 530
Living cost
20 403
20 403
20 403
20 403
Free-cash
116 452
115 950
116 932
123 127

Estimated living cost  is ₽20403 per week

₽13654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89244
₽24597
₽80478
₽87754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
72 739
surtax
-
-
-
190
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
895
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
109 118
Employee
48 086
38 344
185 614
-
other
480
383
1 125
-
unemployment
1 442
1 150
3 372
-
pensions
4 925
3 926
11 511
-
income
5 474
2 828
61 265
-
health
1 861
1 484
4 349
-
total
14 182
9 771
81 622
-
Employer
48 086
38 344
185 614
-
chamber of commerce
192
153
743
-
health
1 817
1 450
4 249
-
pensions
6 035
4 813
14 107
-
accident
624
498
1 461
-
unemployment
1 442
1 150
3 372
-
surtax
190
190
190
-
payroll
1 442
1 150
5 569
-
other
2 284
1 820
8 195
-
total
14 026
11 224
37 886
-
Corporate
161 388
173 930
181 962
-
income

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

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

40 347
43 483
45 491
-
total
40 347
43 483
45 491
-
Dividends
121 040
130 447
-
-
withholding
33 287
35 874
-
-
total
33 287
35 874
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 842
100 352
164 999
109 118
After tax
121 658
123 148
58 501
114 382
Living cost
33 904
33 904
33 904
33 904
Free-cash
87 754
89 244
24 597
80 478

Estimated living cost  is ₽33904 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87174
₽40593
₽62162
₽75369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal

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

-
-
-
11 971
social contributions
-
-
-
23 989
national
-
-
-
90 296
total
-
-
-
126 256
Employee

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

68 826
-
173 106
-
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.

599
-
1 506
-
communal

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

3 590
-
9 029
-
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.

5 162
-
12 982
-
national
21 160
-
65 781
-
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.

3 234
-
8 136
-
total
33 745
-
97 434
-
Employer

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

68 826
-
173 106
-
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.

4 232
-
10 647
-
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.

6 099
-
15 338
-
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.

895
-
2 250
-
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.

1 004
-
2 527
-
surtax
7 804
-
19 629
-
total
20 034
-
50 391
-
Corporate
134 640
223 500
-
-
income
26 929
48 381
-
-
surtax
539
968
-
-
total
27 468
49 349
-
-
Dividends
107 173
174 151
-
-
withholding

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

31 802
51 895
-
-
total
31 802
51 895
-
-
Income
223 500
223 500
223 500
223 500
Total tax
113 049
101 244
147 825
126 256
After tax
110 451
122 256
75 675
97 244
Living cost
35 082
35 082
35 082
35 082
Free-cash
75 369
87 174
40 593
62 162

Estimated living cost  is ₽35082 per week

₽22598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113577
₽86039
₽90076
₽106986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
803
income
-
-
-
71 922
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
98 676
Employee
47 895
-
195 069
-
other
47
-
89
-
unemployment
743
-
1 382
-
pensions
2 251
-
4 192
-
income
10 106
-
68 619
-
total
13 147
-
74 282
-
Employer
47 895
-
195 069
-
pensions
11 302
-
21 047
-
accident
948
-
1 766
-
unemployment
2 635
-
4 904
-
other
382
-
714
-
total
15 267
-
28 431
-
Corporate
160 338
223 500
-
-
income

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

24 051
33 526
-
-
total
24 051
33 526
-
-
Dividends
136 287
189 974
-
-
withholding
29 301
41 649
-
-
total
29 301
41 649
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 766
75 175
102 713
98 676
After tax
141 734
148 325
120 787
124 824
Living cost
34 748
34 748
34 748
34 748
Free-cash
106 986
113 577
86 039
90 076

Estimated living cost  is ₽34748 per week

₽25588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
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.
₽6194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73665
₽61073
₽52166
₽60432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal
-
-
-
14 125
accident
-
-
-
1 884
income
-
-
-
42 755
surtax
-
-
-
11 080
health
-
-
-
15 701
pensions
-
-
-
33 500
total
-
-
-
119 045
Employee
72 865
-
199 644
-
pensions
5 828
-
15 971
-
surtax
4 466
-
12 236
-
income
7 038
-
49 192
-
health
3 243
-
8 883
-
total
20 575
-
86 282
-
Employer
72 865
-
199 644
-
health
2 222
-
6 088
-
pensions
5 828
-
15 971
-
accident
656
-
1 797
-
total
8 706
-
23 856
-
Corporate
141 929
223 500
-
-
communal
9 581
15 086
-
-
income
21 288
33 526
-
-
surtax
1 490
2 346
-
-
total
32 359
50 958
-
-
Dividends
109 570
172 542
-
-
income
32 704
20 707
-
-
withholding
16 435
25 881
-
-
total
49 139
46 588
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 779
97 546
110 138
119 045
After tax
112 721
125 954
113 362
104 455
Living cost
52 289
52 289
52 289
52 289
Free-cash
60 432
73 665
61 073
52 166

Estimated living cost  is ₽52289 per week

₽39224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118969
₽77555
₽83439
₽115909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 304
other
-
-
-
-
surtax
-
-
-
12 126
unemployment
-
-
-
219
health
-
-
-
9 117
pensions
-
-
-
25 683
total
-
-
-
118 449
Employee
32 403
-
196 469
-
other
-
-
-
-
unemployment
2 255
-
8 938
-
pensions
2 162
-
8 565
-
surtax
115
-
10 976
-
income
5 432
-
65 549
-
health
827
-
3 274
-
total
10 791
-
97 302
-
Employer
32 403
-
196 469
-
health
1 474
-
5 843
-
pensions
4 320
-
17 118
-
unemployment
1 028
-
4 070
-
other
-
-
-
-
total
6 822
-
27 031
-
Corporate
184 275
223 500
-
-
income
47 912
58 110
-
-
total
47 912
58 110
-
-
Dividends
136 363
165 390
-
-
withholding
20 454
24 809
-
-
total
20 454
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 979
82 919
124 333
118 449
After tax
137 521
140 581
99 167
105 051
Living cost
21 612
21 612
21 612
21 612
Free-cash
115 909
118 969
77 555
83 439

Estimated living cost  is ₽21612 per week

₽13048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91559
₽73420
₽81535
₽89421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
48 157
regional
-
-
-
3 560
municipal
-
-
-
1 402
national
-
-
-
62 927
total
-
-
-
116 046
Employee
53 374
-
223 500
-
municipal
283
-
1 284
-
national
8 456
-
56 487
-
regional
719
-
3 255
-
social contributions
17 998
-
63 135
-
total
27 456
-
124 161
-
Employer
53 374
-
223 500
-
total
-
-
-
-
Corporate
170 126
223 500
-
-
municipal
8 456
11 107
-
-
nationa
40 829
53 640
-
-
total
49 285
64 747
-
-
Dividends
120 841
158 753
-
-
withholding
31 419
41 275
-
-
total
31 419
41 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 160
106 022
124 161
116 046
After tax
115 340
117 478
99 339
107 454
Living cost
25 919
25 919
25 919
25 919
Free-cash
89 421
91 559
73 420
81 535

Estimated living cost  is ₽25919 per week

₽16119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124392
₽92884
₽102702
₽113872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
23 834
social contributions
-
-
-
34 435
solidarity contribution
-
-
-
2 868
health
-
-
-
30 173
total
-
-
-
91 310
Employee
43 365
-
177 998
-
solidarity contribution
-
-
1 986
-
social contributions
2 819
-
7 665
-
income
5 204
-
21 945
-
health
5 854
-
24 030
-
total
13 877
-
55 626
-
Employer
43 365
-
177 998
-
health
3 903
-
16 020
-
social contributions
10 841
-
29 482
-
total
14 744
-
45 502
-
Corporate
165 391
223 500
-
-
income
31 424
42 465
-
-
total
31 424
42 465
-
-
Dividends
133 967
181 035
-
-
withholding
20 095
27 155
-
-
total
20 095
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 140
69 620
101 128
91 310
After tax
143 360
153 880
122 372
132 190
Living cost
29 488
29 488
29 488
29 488
Free-cash
113 872
124 392
92 884
102 702

Estimated living cost  is ₽29488 per week

₽21929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92556
₽27849
₽83875
₽92075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
72 739
surtax
-
-
-
-
unemployment
-
-
-
5 901
chamber of commerce
-
-
-
895
health
-
-
-
8 598
pensions
-
-
-
20 795
total
-
-
-
108 928
Employee
42 060
38 344
185 793
-
other
420
383
1 125
-
unemployment
1 262
1 150
3 372
-
pensions
4 307
3 926
11 511
-
income
3 747
2 828
61 355
-
health
1 627
1 484
4 349
-
total
11 363
9 771
81 712
-
Employer
42 060
38 344
185 793
-
chamber of commerce
168
153
743
-
health
1 590
1 450
4 249
-
pensions
5 279
4 813
14 107
-
accident
546
498
1 461
-
unemployment
1 262
1 150
3 372
-
surtax
-
-
-
-
payroll
1 262
1 150
5 575
-
other
1 998
1 820
8 200
-
total
12 105
11 034
37 707
-
Corporate
169 336
174 120
182 141
-
income

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

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

42 334
43 530
45 535
-
total
42 334
43 530
45 535
-
Dividends
127 002
130 590
-
-
withholding
34 926
35 912
-
-
total
34 926
35 912
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 728
100 247
164 954
108 928
After tax
122 772
123 253
58 546
114 572
Living cost
30 697
30 697
30 697
30 697
Free-cash
92 075
92 556
27 849
83 875

Estimated living cost  is ₽30697 per week

₽18414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3135
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.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200046
₽166521
₽208986
₽197743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
15 349
-
223 500
-
income
3 070
-
44 700
-
total
3 070
-
44 700
-
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%.

208 151
223 500
-
-
total
-
-
-
-
Dividends
208 151
223 500
-
-
withholding
10 408
11 175
-
-
total
10 408
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 478
11 175
44 700
2 235
After tax
210 022
212 325
178 800
221 265
Living cost
12 279
12 279
12 279
12 279
Free-cash
197 743
200 046
166 521
208 986

Estimated living cost  is ₽12279 per week

₽8310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128072
₽72361
₽77211
₽120024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
57 335
unemployment
-
-
-
336
health
-
-
-
21 993
pensions
-
-
-
40 817
total
-
-
-
120 481
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

42 548
-
193 389
-
unemployment
60
-
270
-
pensions
6 595
-
29 974
-
income
7 337
-
52 483
-
health
2 748
-
12 493
-
total
16 740
-
95 220
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

42 548
-
193 389
-
health
2 834
-
12 880
-
pensions
3 765
-
17 114
-
unemployment
26
-
117
-
total
6 625
-
30 111
-
Corporate
174 328
223 500
-
-
income
33 122
42 465
-
-
total
33 122
42 465
-
-
Dividends
141 205
181 035
-
-
withholding
21 181
27 155
-
-
total
21 181
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 668
69 620
125 331
120 481
After tax
145 832
153 880
98 169
103 019
Living cost
25 808
25 808
25 808
25 808
Free-cash
120 024
128 072
72 361
77 211

Estimated living cost  is ₽25808 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
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.
₽5943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94361
₽169196
₽112840
₽48485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 565
social contributions
-
-
-
25 479
total
-
-
-
69 044
Employee
59 671
-
-
-
social contributions
4 893
-
697
-
income
13 162
-
-
-
total
18 055
-
697
-
Employer
59 671
-
-
-
social contributions
84 136
-
11 991
-
total
84 136
-
11 991
-
Corporate
79 693
223 500
-
-
income
17 533
49 170
-
-
total
17 533
49 170
-
-
Dividends
62 161
174 330
-
-
income
13 675
38 353
-
-
total
13 675
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
133 399
87 523
12 688
69 044
After tax
90 101
135 977
210 812
154 456
Living cost
41 616
41 616
41 616
41 616
Free-cash
48 485
94 361
169 196
112 840

Estimated living cost  is ₽41616 per week

₽27002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96945
₽68330
₽86048
₽95976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
29 605
surtax
-
-
-
-
social contributions

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

-
-
-
77 666
total
-
-
-
107 271
Employee
44 253
-
180 605
-
surtax
-
-
367
-
social contributions
4 868
-
19 866
-
income
9 205
-
61 861
-
total
14 073
-
82 094
-
Employer
44 253
-
180 605
-
social contributions
10 510
-
42 895
-
total
10 510
-
42 895
-
Corporate
168 737
223 500
-
-
income
35 436
46 935
-
-
surtax
-
-
-
-
total
35 436
46 935
-
-
Dividends
133 301
176 565
-
-
withholding
37 324
49 439
-
-
total
37 324
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 343
96 374
124 989
107 271
After tax
126 157
127 126
98 511
116 229
Living cost
30 181
30 181
30 181
30 181
Free-cash
95 976
96 945
68 330
86 048

Estimated living cost  is ₽30181 per week

₽22581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66171
₽68222
₽75221
₽72785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
42 671
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 367
health
-
-
-
11 136
pensions
-
-
-
34 704
total
-
-
-
101 807
Employee
60 263
-
170 170
-
pensions
6 816
-
12 997
-
surtax
-
-
-
-
social contributions
1 716
-
4 850
-
income
5 258
-
37 628
-
total
13 790
-
55 475
-
Employer
60 263
-
170 170
-
health
4 218
-
17 123
-
pensions
9 902
-
21 671
-
unemployment
2 441
-
6 891
-
social contributions
181
-
511
-
other
2 080
-
7 135
-
total
18 822
-
53 331
-
Corporate
144 415
223 500
-
-
income
40 437
62 580
-
-
surtax
-
-
-
-
total
40 437
62 580
-
-
Dividends
103 978
160 920
-
-
surtax
-
-
-
-
social contributions
17 885
27 679
-
-
withholding
13 309
20 598
-
-
total
31 194
48 277
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 243
110 857
108 806
101 807
After tax
119 257
112 643
114 694
121 693
Living cost
46 472
46 472
46 472
46 472
Free-cash
72 785
66 171
68 222
75 221

Estimated living cost  is ₽46472 per week

₽31452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172228
₽139757
₽133818
₽168994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
11 591
social contributions
-
-
-
49 168
total
-
-
-
60 759
Employee
30 933
-
193 507
-
income
-
-
12 250
-
social contributions
2 010
-
12 577
-
total
2 010
-
24 827
-
Employer
30 933
-
193 507
-
social contributions
4 795
-
29 993
-
total
4 795
-
29 993
-
Corporate
187 772
223 500
-
-
income
18 778
22 349
-
-
total
18 778
22 349
-
-
Dividends
168 994
201 151
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 583
22 349
54 820
60 759
After tax
197 917
201 151
168 680
162 741
Living cost
28 923
28 923
28 923
28 923
Free-cash
168 994
172 228
139 757
133 818

Estimated living cost  is ₽28923 per week

₽18701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14194
₽14194
₽82414
₽8082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
labour market
-
-
-
17 813
municipal
-
-
-
48 168
national
-
-
-
28 007
pensions
-
-
-
833
total
-
-
-
94 821
Employee
195 275
195 275
195 275
-
municipal
41 583
41 583
41 583
-
labour market
15 600
15 600
15 600
-
pensions
278
278
278
-
national
23 856
23 856
23 856
-
total
81 317
81 317
81 317
-
Employer
195 275
195 275
195 275
-
national
23 898
23 898
23 898
-
labour market
15 622
15 622
15 622
-
pensions
555
555
555
-
municipal
41 649
41 649
41 649
-
total
81 724
81 724
81 724
-
Corporate
14 194
-
-
-
income
3 123
-
-
-
total
3 123
-
-
-
Dividends
11 071
-
-
-
withholding
2 989
-
-
-
total
2 989
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
169 153
163 041
163 041
94 821
After tax
54 347
60 459
60 459
128 679
Living cost
46 265
46 265
46 265
46 265
Free-cash
8 082
14 194
14 194
82 414

Estimated living cost  is ₽46265 per week

₽31665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3052
₽102058
₽131445
₽14859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
246
income
-
-
-
64 103
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
70 900
Employee
33 278
-
204 329
-
pensions
3 747
-
7 446
-
income
4 565
-
50 274
-
health
3 811
-
23 396
-
total
12 123
-
81 116
-
Employer
33 278
-
204 329
-
pensions
5 411
-
10 753
-
accident
556
-
3 412
-
unemployment
815
-
5 006
-
total
6 782
-
19 171
-
Corporate
183 440
223 500
-
-
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.

165 096
201 150
-
-
total
165 096
201 150
-
-
Dividends
18 344
22 350
-
-
withholding
3 485
4 247
-
-
total
3 485
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 486
205 397
100 287
70 900
After tax
36 014
18 103
123 213
152 600
Living cost
21 155
21 155
21 155
21 155
Free-cash
14 859
-3 052
102 058
131 445

Estimated living cost  is ₽21155 per week

₽15398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99752
₽73764
₽99365
₽102725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
223 500
health
-
-
-
3 040
municipal
-
-
-
39 683
national
-
-
-
44 471
total
-
-
-
87 194
Employee
50 622
-
188 020
-
municipal
8 292
-
30 602
-
unemployment
760
-
2 821
-
pensions
3 416
-
12 692
-
national
836
-
28 706
-
health
378
-
2 494
-
total
13 682
-
77 315
-
Employer
50 622
-
188 020
-
health
389
-
1 448
-
pensions
8 783
-
32 622
-
accident
51
-
188
-
unemployment
329
-
1 222
-
total
9 552
-
35 480
-
Corporate
163 326
223 500
-
-
income
32 666
44 700
-
-
total
32 666
44 700
-
-
Dividends

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

97 995
134 100
-
-
municipal
17 638
24 139
-
-
national
10 296
17 968
-
-
total
27 934
42 107
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 834
86 807
112 795
87 194
After tax
139 666
136 693
110 705
136 306
Living cost
36 941
36 941
36 941
36 941
Free-cash
102 725
99 752
73 764
99 365

Estimated living cost  is ₽36941 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140593
₽125963
₽127780
₽135357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
52 176
social contributions
-
-
-
15 568
health
-
-
-
5 699
total
-
-
-
73 443
Employee
73 987
73 987
211 308
-
social contributions
2 797
6 141
8 282
-
income
8 056
6 849
51 195
-
health
573
1 258
3 592
-
total
11 426
14 248
63 069
-
Employer
73 987
73 987
211 308
-
health
623
1 369
3 909
-
social contributions
2 797
6 141
8 282
-
total
3 420
7 510
12 191
-
Corporate
186 376
142 003
-
-
income
23 297
17 750
-
-
total
23 297
17 750
-
-
Dividends
163 079
124 253
-
-
withholding
27 723
21 122
-
-
total
27 723
21 122
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 866
60 630
75 260
73 443
After tax
157 634
162 870
148 240
150 057
Living cost
22 277
22 277
22 277
22 277
Free-cash
135 357
140 593
125 963
127 780

Estimated living cost  is ₽22277 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169804
₽156109
₽175408
₽164909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
223 500
income
-
-
-
23 186
unemployment
-
-
-
27
health
-
-
-
3 482
pensions
-
-
-
6 120
total
-
-
-
32 815
Employee

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

22 085
-
214 096
-
unemployment
110
-
456
-
pensions
3 312
-
13 694
-
income
1 510
-
20 801
-
health
1 877
-
7 760
-
total
6 809
-
42 711
-
Employer

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

22 085
-
214 096
-
health
949
-
3 926
-
pensions
1 214
-
5 021
-
unemployment
110
-
456
-
total
2 273
-
9 403
-
Corporate
199 141
223 500
-
-
income
17 923
20 114
-
-
total
17 923
20 114
-
-
Dividends
181 218
203 386
-
-
withholding
16 309
18 305
-
-
total
16 309
18 305
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 314
38 419
52 114
32 815
After tax
180 186
185 081
171 386
190 685
Living cost
15 277
15 277
15 277
15 277
Free-cash
164 909
169 804
156 109
175 408

Estimated living cost  is ₽15277 per week

₽9747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽121866
₽94328
₽98365
₽117617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
803
income
-
-
-
71 922
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
98 676
Employee
35 578
-
195 069
-
other
35
-
89
-
unemployment
551
-
1 382
-
pensions
1 673
-
4 192
-
income
6 859
-
68 619
-
total
9 118
-
74 282
-
Employer
35 578
-
195 069
-
pensions
8 396
-
21 047
-
accident
705
-
1 766
-
unemployment
1 957
-
4 904
-
other
285
-
714
-
total
11 343
-
28 431
-
Corporate
176 580
223 500
-
-
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.

26 487
33 526
-
-
total
26 487
33 526
-
-
Dividends
150 093
189 974
-
-
withholding
32 476
41 649
-
-
total
32 476
41 649
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 424
75 175
102 713
98 676
After tax
144 076
148 325
120 787
124 824
Living cost
26 459
26 459
26 459
26 459
Free-cash
117 617
121 866
94 328
98 365

Estimated living cost  is ₽26459 per week

₽17859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137594
₽142174
₽142307
₽137288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
76 970
health
-
-
-
989
pensions
-
-
-
1 364
total
-
-
-
79 323
Employee
2 848
-
221 965
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
76 899
-
health
142
-
341
-
total
977
-
77 922
-
Employer
2 848
-
221 965
-
health
271
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
641
-
1 534
-
Corporate
220 011
223 500
-
-
income
48 402
49 170
-
-
total
48 402
49 170
-
-
Dividends
171 609
174 330
-
-
withholding
34 322
34 866
-
-
total
34 322
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 342
84 036
79 456
79 323
After tax
139 158
139 464
144 044
144 177
Living cost
1 870
1 870
1 870
1 870
Free-cash
137 288
137 594
142 174
142 307

Estimated living cost  is ₽1870 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144846
₽128143
₽128142
₽140114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
51 858
unemployment
-
-
-
1 066
health
-
-
-
7 321
pensions
-
-
-
18 480
total
-
-
-
78 725
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.

25 081
-
210 777
-
unemployment
188
-
533
-
pensions
3 511
-
9 951
-
income
3 457
-
51 858
-
health
1 292
-
3 660
-
total
8 448
-
66 002
-
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.

25 081
-
210 777
-
health
1 292
-
3 660
-
pensions
3 010
-
8 529
-
unemployment
188
-
533
-
total
4 490
-
12 722
-
Corporate
193 930
223 500
-
-
income
29 089
33 525
-
-
total
29 089
33 525
-
-
Dividends
164 840
189 975
-
-
withholding
24 726
28 496
-
-
total
24 726
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 753
62 021
78 724
78 725
After tax
156 747
161 479
144 776
144 775
Living cost
16 633
16 633
16 633
16 633
Free-cash
140 114
144 846
128 143
128 142

Estimated living cost  is ₽16633 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
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.
₽3666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101186
₽72571
₽90289
₽100840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
29 605
surtax
-
-
-
-
social contributions

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

-
-
-
77 666
total
-
-
-
107 271
Employee
37 344
-
180 605
-
surtax
-
-
367
-
social contributions
4 108
-
19 866
-
income
7 297
-
61 861
-
total
11 405
-
82 094
-
Employer
37 344
-
180 605
-
social contributions
8 869
-
42 895
-
total
8 869
-
42 895
-
Corporate
177 287
223 500
-
-
income
37 231
46 935
-
-
surtax
-
-
-
-
total
37 231
46 935
-
-
Dividends
140 056
176 565
-
-
withholding
39 215
49 439
-
-
total
39 215
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 720
96 374
124 989
107 271
After tax
126 780
127 126
98 511
116 229
Living cost
25 940
25 940
25 940
25 940
Free-cash
100 840
101 186
72 571
90 289

Estimated living cost  is ₽25940 per week

₽18372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114510
₽86972
₽91009
₽108216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
803
income
-
-
-
71 922
other
-
-
-
89
unemployment
-
-
-
624
pensions
-
-
-
25 238
total
-
-
-
98 676
Employee
46 469
-
195 069
-
other
46
-
89
-
unemployment
719
-
1 382
-
pensions
2 184
-
4 192
-
income
9 706
-
68 619
-
total
12 655
-
74 282
-
Employer
46 469
-
195 069
-
pensions
10 966
-
21 047
-
accident
920
-
1 766
-
unemployment
2 556
-
4 904
-
other
372
-
714
-
total
14 814
-
28 431
-
Corporate
162 215
223 500
-
-
income

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

24 332
33 526
-
-
total
24 332
33 526
-
-
Dividends
137 883
189 974
-
-
withholding
29 668
41 649
-
-
total
29 668
41 649
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 469
75 175
102 713
98 676
After tax
142 031
148 325
120 787
124 824
Living cost
33 815
33 815
33 815
33 815
Free-cash
108 216
114 510
86 972
91 009

Estimated living cost  is ₽33815 per week

₽24285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174553
₽173817
₽164468
₽168690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 971
total
-
-
-
42 492
Employee
21 902
-
216 911
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 923
-
2 949
-
income
2 191
-
21 691
-
health
1 008
-
1 545
-
total
5 363
-
26 554
-
Employer
21 902
-
216 911
-
health
1 511
-
2 317
-
pensions

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

2 414
-
3 701
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
202
-
total
4 298
-
6 589
-
Corporate
197 301
223 500
-
-
income
19 730
22 350
-
-
total
19 730
22 350
-
-
Dividends
177 571
201 150
-
-
withholding
8 879
10 057
-
-
total
8 879
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 270
32 407
33 143
42 492
After tax
185 230
191 093
190 357
181 008
Living cost
16 540
16 540
16 540
16 540
Free-cash
168 690
174 553
173 817
164 468

Estimated living cost  is ₽16540 per week

₽10940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77787
₽100576
₽74924
₽90375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income

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

-
-
-
75 076
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.

-
-
-
4 128
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.

-
-
-
6 573
trade
-
-
-
25 652
total
-
-
-
111 429
Employee

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

47 875
-
223 500
-
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.

217
-
4 128
-
income

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

3 937
-
75 076
-
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.

6 573
-
6 573
-
total
10 727
-
85 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 625
223 500
-
-
income
26 344
33 526
-
-
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.

1 450
1 844
-
-
chamber of commerce
404
473
-
-
trade
25 201
32 072
-
-
total
53 399
67 915
-
-
Dividends
122 226
155 585
-
-
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.

1 660
2 120
-
-
withholding
30 192
38 531
-
-
total
31 852
40 651
-
-
Income
223 500
223 500
223 500
223 500
Total tax
95 978
108 566
85 777
111 429
After tax
127 522
114 934
137 723
112 071
Living cost
37 147
37 147
37 147
37 147
Free-cash
90 375
77 787
100 576
74 924

Estimated living cost  is ₽37147 per week

₽25625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101640
₽56655
₽56655
₽103765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
73 497
social contributions
-
-
-
38 538
total
-
-
-
112 035
Employee
75 264
-
223 500
-
income
14 202
-
73 497
-
social contributions
6 253
-
38 538
-
total
20 455
-
112 035
-
Employer
75 264
-
223 500
-
total
-
-
-
-
Corporate
148 236
223 500
-
-
income
18 529
27 937
-
-
total
18 529
27 937
-
-
Dividends
129 706
195 563
-
-
withholding
25 941
39 113
-
-
total
25 941
39 113
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 925
67 050
112 035
112 035
After tax
158 575
156 450
111 465
111 465
Living cost
54 810
54 810
54 810
54 810
Free-cash
103 765
101 640
56 655
56 655

Estimated living cost  is ₽54810 per week

₽41699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4466
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.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105266
₽120689
₽149157
₽108628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
33 526
health

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

-
-
-
5 890
total
-
-
-
39 416
Employee
44 139
-
219 074
-
income
4 789
-
59 032
-
social contributions
4 422
-
4 426
-
total
9 211
-
63 458
-
Employer
44 139
-
219 074
-
social contributions
4 422
-
4 426
-
total
4 422
-
4 426
-
Corporate
174 938
223 500
-
-
income
61 229
78 224
-
-
total
61 229
78 224
-
-
Dividends
113 710
145 276
-
-
social contributions
5 083
5 083
-
-
total
5 083
5 083
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 945
83 307
67 884
39 416
After tax
143 555
140 193
155 616
184 084
Living cost
34 927
34 927
34 927
34 927
Free-cash
108 628
105 266
120 689
149 157

Estimated living cost  is ₽34927 per week

₽23007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104938
₽88761
₽108679
₽110571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 824
pensions
-
-
-
9 676
total
-
-
-
79 500
Employee
48 483
-
194 722
-
pensions
3 700
-
11 491
-
income
8 829
-
56 543
-
health
632
-
2 606
-
total
13 161
-
70 640
-
Employer
48 483
-
194 722
-
health
921
-
3 700
-
pensions
4 898
-
25 078
-
total
5 819
-
28 778
-
Corporate
169 198
223 500
-
-
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.

32 148
42 466
-
-
total
32 148
42 466
-
-
Dividends
137 050
181 034
-
-
withholding
26 480
40 775
-
-
total
26 480
40 775
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 608
83 241
99 418
79 500
After tax
145 892
140 259
124 082
144 000
Living cost
35 321
35 321
35 321
35 321
Free-cash
110 571
104 938
88 761
108 679

Estimated living cost  is ₽35321 per week

₽24230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5146
₽99964
₽129351
₽14538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
246
income
-
-
-
64 103
other
-
-
-
362
health
-
-
-
2 128
pensions
-
-
-
4 061
total
-
-
-
70 900
Employee
36 572
-
204 329
-
pensions
4 118
-
7 446
-
income
5 017
-
50 274
-
health
4 187
-
23 396
-
total
13 322
-
81 116
-
Employer
36 572
-
204 329
-
pensions
5 946
-
10 753
-
accident
611
-
3 412
-
unemployment
896
-
5 006
-
total
7 453
-
19 171
-
Corporate
179 475
223 500
-
-
income

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

161 528
201 150
-
-
total
161 528
201 150
-
-
Dividends
17 948
22 350
-
-
withholding
3 410
4 247
-
-
total
3 410
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
185 713
205 397
100 287
70 900
After tax
37 787
18 103
123 213
152 600
Living cost
23 249
23 249
23 249
23 249
Free-cash
14 538
-5 146
99 964
129 351

Estimated living cost  is ₽23249 per week

₽17062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158003
₽151734
₽130613
₽155097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 500
income
-
-
-
37 671
unemployment
-
-
-
1 843
work injury
-
-
-
768
health insurance
-
-
-
11 367
pensions
-
-
-
28 264
total
-
-
-
79 913
Employee

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

20 758
-
223 500
-
health insurance
1 536
-
5 683
-
unemployment
249
-
922
-
work injury
104
-
384
-
pensions
3 820
-
14 132
-
income
2 076
-
37 671
-
total
7 785
-
58 792
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 742
223 500
-
-
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%.

20 274
22 350
-
-
total
20 274
22 350
-
-
Dividends
182 467
201 150
-
-
withholding
27 370
30 173
-
-
total
27 370
30 173
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 429
52 523
58 792
79 913
After tax
168 071
170 977
164 708
143 587
Living cost
12 974
12 974
12 974
12 974
Free-cash
155 097
158 003
151 734
130 613

Estimated living cost  is ₽12974 per week

₽8038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
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.
₽3589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79393
₽59086
₽66990
₽75016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
48 157
regional
-
-
-
5 517
municipal
-
-
-
1 578
national
-
-
-
62 927
total
-
-
-
118 179
Employee
81 080
-
223 500
-
municipal
484
-
1 442
-
national
13 702
-
56 487
-
regional
1 224
-
5 019
-
social contributions
27 340
-
63 135
-
total
42 750
-
126 083
-
Employer
81 080
-
223 500
-
total
-
-
-
-
Corporate
142 420
223 500
-
-
municipal
6 865
10 773
-
-
nationa
34 181
53 640
-
-
total
41 046
64 413
-
-
Dividends
101 374
159 087
-
-
withholding
26 357
41 363
-
-
total
26 357
41 363
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 153
105 776
126 083
118 179
After tax
113 347
117 724
97 417
105 321
Living cost
38 331
38 331
38 331
38 331
Free-cash
75 016
79 393
59 086
66 990

Estimated living cost  is ₽38331 per week

₽26925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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