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
₽82671
₽108124
₽93616
₽80170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
income

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

-
-
-
74 540
trade
-
-
-
27 954
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.

-
-
-
4 100
total
-
-
-
113 355
Employee

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

37 851
-
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.

58
-
4 100
-
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.

1 057
-
74 540
-
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.

6 761
-
6 761
-
total
7 876
-
85 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 649
223 500
-
-
trade
29 241
35 201
-
-
chamber of commerce
417
471
-
-
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.

1 532
1 844
-
-
income
27 847
33 524
-
-
total
59 037
71 040
-
-
Dividends
126 612
152 459
-
-
withholding
31 276
37 739
-
-
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.

1 720
2 075
-
-
total
32 996
39 814
-
-
Income
223 500
223 500
223 500
223 500
Total tax
99 909
110 854
85 401
113 355
After tax
123 591
112 646
138 099
110 145
Living cost
29 975
29 975
29 975
29 975
Free-cash
93 616
82 671
108 124
80 170

Estimated living cost  is ₽29975 per week

₽18855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87058
₽76769
₽86187
₽75569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
41 524
pensions
-
-
-
26 820
municipal
-
-
-
24 778
total
-
-
-
95 525
Employee
81 239
-
193 214
-
national
15 549
-
43 419
-
municipal
10 034
-
25 643
-
pensions
3 250
-
7 729
-
total
28 833
-
76 791
-
Employer
81 239
-
193 214
-
pensions
6 499
-
15 457
-
social contributions
873
-
2 077
-
total
7 372
-
17 534
-
Corporate
129 527
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%.

25 905
44 700
-
-
total
25 905
44 700
-
-
Dividends
103 622
178 800
-
-
withholding
22 797
39 336
-
-
total
22 797
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 907
84 036
94 325
95 525
After tax
138 593
139 464
129 175
127 975
Living cost
52 406
52 406
52 406
52 406
Free-cash
86 187
87 058
76 769
75 569

Estimated living cost  is ₽52406 per week

₽35620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158212
₽76630
₽150094
₽60764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
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.

-
-
-
37 917
income
-
-
-
47 239
surtax
-
-
-
56 992
total
-
-
-
142 148
Employee
28 917
-
175 755
-
surtax
-
-
25 485
-
income
5 148
-
40 080
-
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.

3 181
-
12 973
-
total
8 329
-
78 538
-
Employer
28 917
-
175 755
-
surtax
-
-
19 332
-
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.

6 966
-
28 412
-
total
6 966
-
47 744
-
Corporate
187 617
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%.

37 523
44 700
-
-
total
37 523
44 700
-
-
Dividends

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

150 095
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 818
44 700
126 282
142 148
After tax
170 682
178 800
97 218
81 352
Living cost
20 588
20 588
20 588
20 588
Free-cash
150 094
158 212
76 630
60 764

Estimated living cost  is ₽20588 per week

₽13135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69931
₽101481
₽63867
₽78511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
79 734
pensions
-
-
-
11 595
total
-
-
-
103 532
Employee
84 510
84 510
205 109
-
income

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

13 833
13 833
38 373
-
pensions
15 212
11 595
11 595
-
health
12 971
11 033
12 203
-
total
42 016
36 461
62 171
-
Employer
84 510
84 510
205 109
-
unemployment
3 042
3 042
3 780
-
pensions
5 882
5 882
7 311
-
health
5 874
5 874
7 300
-
total
14 798
14 798
18 391
-
Corporate
125 228
124 191
-
-
income
25 045
24 838
-
-
total
25 045
24 838
-
-
Dividends
100 183
99 353
-
-
withholding
15 028
14 902
-
-
income
21 289
21 113
-
-
total
36 317
36 015
-
-
Income
223 500
223 500
223 500
223 500
Total tax
118 176
112 112
80 562
103 532
After tax
105 324
111 388
142 938
119 968
Living cost
41 457
41 457
41 457
41 457
Free-cash
63 867
69 931
101 481
78 511

Estimated living cost  is ₽41457 per week

₽29380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80724
₽69917
₽79795
₽70920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 649
national
-
-
-
26 219
pensions
-
-
-
9 786
unemployment
-
-
-
91
other
-
-
-
10 520
accident
-
-
-
181
municipal
-
-
-
58 827
total
-
-
-
111 273
Employee
58 859
-
195 055
-
national
-
-
25 665
-
municipal
17 552
-
58 166
-
total
17 552
-
83 831
-
Employer
58 859
-
195 055
-
unemployment
1 554
-
2 390
-
pensions
6 363
-
9 786
-
accident
118
-
181
-
other
6 839
-
10 520
-
health
3 620
-
5 568
-
total
18 494
-
28 445
-
Corporate
146 148
223 500
-
-
income
32 153
49 170
-
-
total
32 153
49 170
-
-
Dividends
113 995
174 330
-
-
withholding
34 199
52 299
-
-
total
34 199
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 398
101 469
112 276
111 273
After tax
121 102
122 031
111 224
112 227
Living cost
41 307
41 307
41 307
41 307
Free-cash
79 795
80 724
69 917
70 920

Estimated living cost  is ₽41307 per week

₽27377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72618
₽99222
₽86525
₽70025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
income

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

-
-
-
74 540
trade
-
-
-
29 197
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.

-
-
-
4 100
total
-
-
-
114 598
Employee

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

50 186
-
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.

237
-
4 100
-
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.

4 312
-
74 540
-
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.

6 761
-
6 761
-
total
11 310
-
85 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 314
223 500
-
-
trade
28 510
36 766
-
-
chamber of commerce
396
468
-
-
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.

1 429
1 844
-
-
income
25 997
33 524
-
-
total
56 332
72 602
-
-
Dividends
116 981
150 898
-
-
withholding
28 869
37 348
-
-
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.

1 587
2 055
-
-
total
30 456
39 403
-
-
Income
223 500
223 500
223 500
223 500
Total tax
98 098
112 005
85 401
114 598
After tax
125 402
111 495
138 099
108 902
Living cost
38 877
38 877
38 877
38 877
Free-cash
86 525
72 618
99 222
70 025

Estimated living cost  is ₽38877 per week

₽26001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130786
₽116367
₽126682
₽118200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 700
social contributions
-
-
-
16 012
income
-
-
-
51 489
total
-
-
-
73 201
Employee
76 098
76 098
211 077
-
income
7 991
7 044
50 503
-
social contributions
3 698
6 316
8 519
-
health
757
1 294
3 589
-
total
12 446
14 654
62 611
-
Employer
76 098
76 098
211 077
-
social contributions
3 698
6 316
8 519
-
health
824
1 409
3 904
-
total
4 522
7 725
12 423
-
Corporate
174 434
139 678
-
-
income
21 804
17 460
-
-
total
21 804
17 460
-
-
Dividends
152 630
122 218
-
-
withholding
25 947
20 776
-
-
total
25 947
20 776
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 719
60 615
75 034
73 201
After tax
158 781
162 885
148 466
150 299
Living cost
32 099
32 099
32 099
32 099
Free-cash
126 682
130 786
116 367
118 200

Estimated living cost  is ₽32099 per week

₽21943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽7110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107432
₽111549
₽107808
₽136814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 645
income
-
-
-
27 323
pensions
-
-
-
22 350
unemployment
-
-
-
3 352
total
-
-
-
68 670
Employee

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

The minimum wage is 138,000 HUF per month.

26 007
10 350
187 029
-
unemployment
390
155
2 805
-
income
3 179
1 265
22 864
-
pensions
2 601
1 035
18 703
-
health
1 820
725
13 092
-
total
7 990
3 180
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.

26 007
10 350
187 029
-
pensions
5 071
2 018
36 471
-
total
5 071
2 018
36 471
-
Corporate
192 422
211 131
-
-
income
17 318
19 002
-
-
total
17 318
19 002
-
-
Dividends
175 104
192 129
-
-
withholding
33 270
36 505
-
-
social contributions
34 027
37 347
-
-
total
67 297
73 852
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 676
98 052
93 935
68 670
After tax
125 824
125 448
129 565
154 830
Living cost
18 016
18 016
18 016
18 016
Free-cash
107 808
107 432
111 549
136 814

Estimated living cost  is ₽18016 per week

₽12295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽360
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154897
₽104918
₽148750
₽95895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 055
income
-
-
-
29 949
pensions
-
-
-
44 698
total
-
-
-
103 702
Employee
28 074
-
167 040
-
unemployment
449
-
2 672
-
income
3 161
-
32 206
-
pensions
562
-
3 341
-
total
4 172
-
38 219
-
Employer
28 074
-
167 040
-
unemployment
225
-
1 337
-
pensions
5 615
-
33 408
-
health
3 649
-
21 715
-
total
9 489
-
56 460
-
Corporate
185 936
223 500
-
-
income
37 186
44 700
-
-
total
37 186
44 700
-
-
Dividends
148 750
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 847
44 700
94 679
103 702
After tax
172 653
178 800
128 821
119 798
Living cost
23 903
23 903
23 903
23 903
Free-cash
148 750
154 897
104 918
95 895

Estimated living cost  is ₽23903 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3801
₽101187
₽14745
₽130708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
63 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
70 888
Employee
34 456
-
204 121
-
income
4 727
-
50 062
-
pensions
3 880
-
7 596
-
health
3 945
-
23 372
-
total
12 552
-
81 030
-
Employer
34 456
-
204 121
-
unemployment
844
-
5 001
-
pensions
5 603
-
10 969
-
accident
575
-
3 409
-
total
7 022
-
19 379
-
Corporate
182 022
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.

163 819
201 150
-
-
total
163 819
201 150
-
-
Dividends
18 202
22 350
-
-
withholding
3 458
4 247
-
-
total
3 458
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
186 851
205 397
100 409
70 888
After tax
36 649
18 103
123 091
152 612
Living cost
21 904
21 904
21 904
21 904
Free-cash
14 745
-3 801
101 187
130 708

Estimated living cost  is ₽21904 per week

₽16054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204118
₽170593
₽202580
₽213058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 258
-
223 500
-
income
2 051
-
44 700
-
total
2 051
-
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%.

213 242
223 500
-
-
total
-
-
-
-
Dividends
213 242
223 500
-
-
withholding
10 662
11 175
-
-
total
10 662
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 713
11 175
44 700
2 235
After tax
210 787
212 325
178 800
221 265
Living cost
8 207
8 207
8 207
8 207
Free-cash
202 580
204 118
170 593
213 058

Estimated living cost  is ₽8207 per week

₽5086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137836
₽106184
₽131152
₽108027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 622
income
-
-
-
39 215
pensions

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

-
-
-
36 118
other
-
-
-
7 148
total
-
-
-
89 103
Employee
35 932
-
185 299
-
unemployment
359
-
1 504
-
income
6 186
-
38 601
-
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.

2 515
-
10 534
-
health
503
-
2 107
-
total
9 563
-
52 746
-
Employer
35 932
-
185 299
-
unemployment
359
-
1 504
-
pensions

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

6 109
-
25 584
-
accident
287
-
1 482
-
other
1 797
-
7 523
-
health
503
-
2 107
-
total
9 055
-
38 200
-
Corporate
178 512
223 500
-
-
income
37 487
46 935
-
-
total
37 487
46 935
-
-
Dividends
141 025
176 565
-
-
withholding
9 873
12 359
-
-
total
9 873
12 359
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 978
59 294
90 946
89 103
After tax
157 522
164 206
132 554
134 397
Living cost
26 370
26 370
26 370
26 370
Free-cash
131 152
137 836
106 184
108 027

Estimated living cost  is ₽26370 per week

₽18632
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.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74931
₽58508
₽82879
₽78462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 144
pensions
-
-
-
9 873
total
-
-
-
79 017
Employee
93 410
-
194 781
-
income
16 838
-
55 841
-
pensions
9 012
-
11 782
-
health
1 539
-
2 631
-
total
27 389
-
70 254
-
Employer
93 410
-
194 781
-
pensions
11 029
-
25 017
-
health
1 774
-
3 700
-
total
12 803
-
28 717
-
Corporate
117 287
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.

22 284
42 464
-
-
total
22 284
42 464
-
-
Dividends
95 003
181 036
-
-
withholding
12 124
40 084
-
-
total
12 124
40 084
-
-
Income
223 500
223 500
223 500
223 500
Total tax
74 600
82 548
98 971
79 017
After tax
148 900
140 952
124 529
144 483
Living cost
66 021
66 021
66 021
66 021
Free-cash
82 879
74 931
58 508
78 462

Estimated living cost  is ₽66021 per week

₽49471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178147
₽177122
₽173559
₽167821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
33 525
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
42 733
Employee
17 142
-
216 733
-
income
1 714
-
21 673
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
pensions

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

1 505
-
3 028
-
health
788
-
1 586
-
total
4 196
-
26 666
-
Employer
17 142
-
216 733
-
unemployment
103
-
207
-
pensions

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

1 889
-
3 800
-
accident

We are using the highest rate at 1.1%.

189
-
379
-
health
1 183
-
2 380
-
total
3 364
-
6 766
-
Corporate
202 995
223 500
-
-
income
20 300
22 350
-
-
total
20 300
22 350
-
-
Dividends
182 695
201 150
-
-
withholding
9 135
10 057
-
-
total
9 135
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
36 995
32 407
33 432
42 733
After tax
186 505
191 093
190 068
180 767
Living cost
12 946
12 946
12 946
12 946
Free-cash
173 559
178 147
177 122
167 821

Estimated living cost  is ₽12946 per week

₽7558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56512
₽88062
₽59001
₽65092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 203
income
-
-
-
79 734
pensions
-
-
-
11 595
total
-
-
-
103 532
Employee
91 751
84 510
205 109
-
income

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

13 833
13 833
38 373
-
pensions
11 595
11 595
11 595
-
health
11 446
11 033
12 203
-
total
36 874
36 461
62 171
-
Employer
91 751
84 510
205 109
-
unemployment
3 303
3 042
3 780
-
pensions
6 385
5 882
7 311
-
health
6 376
5 874
7 300
-
total
16 064
14 798
18 391
-
Corporate
115 685
124 191
-
-
income
23 137
24 838
-
-
total
23 137
24 838
-
-
Dividends
92 548
99 353
-
-
withholding
13 882
14 902
-
-
income
19 666
21 113
-
-
total
33 548
36 015
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 623
112 112
80 562
103 532
After tax
113 877
111 388
142 938
119 968
Living cost
54 876
54 876
54 876
54 876
Free-cash
59 001
56 512
88 062
65 092

Estimated living cost  is ₽54876 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129463
₽97630
₽120752
₽107396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
30 172
social contributions
-
-
-
35 135
income
-
-
-
23 729
solidarity contribution
-
-
-
2 651
total
-
-
-
91 687
Employee
35 907
-
177 449
-
income
4 309
-
21 851
-
solidarity contribution
-
-
1 774
-
social contributions
2 334
-
7 821
-
health
4 847
-
23 956
-
total
11 490
-
55 402
-
Employer
35 907
-
177 449
-
social contributions
8 977
-
30 081
-
health
3 232
-
15 970
-
total
12 209
-
46 051
-
Corporate
175 385
223 500
-
-
income
33 323
42 465
-
-
total
33 323
42 465
-
-
Dividends
142 062
181 035
-
-
withholding
21 309
27 155
-
-
total
21 309
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 331
69 620
101 453
91 687
After tax
145 169
153 880
122 047
131 813
Living cost
24 417
24 417
24 417
24 417
Free-cash
120 752
129 463
97 630
107 396

Estimated living cost  is ₽24417 per week

₽16960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77487
₽57619
₽72321
₽66007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
61 980
regional
-
-
-
2 831
municipal
-
-
-
1 392
total
-
-
-
115 734
Employee
87 952
-
223 500
-
regional
830
-
2 562
-
national
15 240
-
55 356
-
municipal
466
-
1 268
-
social contributions
29 657
-
64 936
-
total
46 193
-
124 122
-
Employer
87 952
-
223 500
-
total
-
-
-
-
Corporate
135 548
223 500
-
-
nationa
32 531
53 640
-
-
municipal
5 287
8 716
-
-
total
37 818
62 356
-
-
Dividends
97 731
161 145
-
-
withholding
25 409
41 898
-
-
total
25 409
41 898
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 420
104 254
124 122
115 734
After tax
114 080
119 246
99 378
107 766
Living cost
41 759
41 759
41 759
41 759
Free-cash
72 321
77 487
57 619
66 007

Estimated living cost  is ₽41759 per week

₽29109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118745
₽77225
₽115662
₽83275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
70 470
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
11 899
total
-
-
-
118 387
Employee
32 726
-
195 698
-
surtax
107
-
10 714
-
unemployment
2 278
-
9 193
-
income
5 486
-
64 551
-
pensions
2 182
-
8 810
-
health
836
-
3 367
-
other
-
-
-
-
total
10 889
-
96 635
-
Employer
32 726
-
195 698
-
unemployment
1 037
-
4 186
-
pensions
4 363
-
17 606
-
other
-
-
-
-
health
1 489
-
6 010
-
total
6 889
-
27 802
-
Corporate
183 885
223 500
-
-
income
47 810
58 109
-
-
total
47 810
58 109
-
-
Dividends
136 075
165 391
-
-
withholding
20 412
24 808
-
-
total
20 412
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 000
82 917
124 437
118 387
After tax
137 500
140 583
99 063
105 113
Living cost
21 838
21 838
21 838
21 838
Free-cash
115 662
118 745
77 225
83 275

Estimated living cost  is ₽21838 per week

₽13353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95848
₽79425
₽102368
₽99379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 144
pensions
-
-
-
9 873
total
-
-
-
79 017
Employee
62 601
-
194 781
-
income
11 275
-
55 841
-
pensions
5 313
-
11 782
-
health
909
-
2 631
-
total
17 497
-
70 254
-
Employer
62 601
-
194 781
-
pensions
6 777
-
25 017
-
health
1 189
-
3 700
-
total
7 966
-
28 717
-
Corporate
152 933
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.

29 056
42 464
-
-
total
29 056
42 464
-
-
Dividends
123 877
181 036
-
-
withholding
21 509
40 084
-
-
total
21 509
40 084
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 028
82 548
98 971
79 017
After tax
147 472
140 952
124 529
144 483
Living cost
45 104
45 104
45 104
45 104
Free-cash
102 368
95 848
79 425
99 379

Estimated living cost  is ₽45104 per week

₽33792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21965
₽89103
₽56294
₽97743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
503
national
-
-
-
5 388
pensions
-
-
-
20 560
regional
-
-
-
12 245
city
-
-
-
2 355
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.

-
-
-
4 470
total
-
-
-
45 521
Employee
93 897
-
200 877
-
regional
3 075
-
10 831
-
national
444
-
4 352
-
unemployment
-
-
-
-
pensions
7 889
-
15 944
-
health
212
-
451
-
city
1 008
-
2 170
-
total
12 628
-
33 748
-
Employer
93 897
-
200 877
-
unemployment
-
-
-
-
pensions
7 889
-
15 944
-
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.

1 877
-
4 018
-
health
212
-
451
-
total
9 978
-
20 413
-
Corporate
118 592
223 500
-
-
national
10 081
18 998
-
-
regional
25 082
47 270
-
-
total
35 163
66 268
-
-
Dividends
83 430
157 232
-
-
withholding
29 201
55 031
-
-
total
29 201
55 031
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 970
121 299
54 161
45 521
After tax
136 530
102 201
169 339
177 979
Living cost
80 236
80 236
80 236
80 236
Free-cash
56 294
21 965
89 103
97 743

Estimated living cost  is ₽80236 per week

₽52176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽985
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65012
₽92764
₽81056
₽62325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
income

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

-
-
-
74 540
trade
-
-
-
30 439
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.

-
-
-
4 100
total
-
-
-
115 840
Employee

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

59 475
-
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.

385
-
4 100
-
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.

6 994
-
74 540
-
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.

6 761
-
6 761
-
total
14 140
-
85 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 025
223 500
-
-
trade
28 131
38 330
-
-
chamber of commerce
381
466
-
-
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.

1 354
1 844
-
-
income
24 604
33 524
-
-
total
54 470
74 164
-
-
Dividends
109 555
149 336
-
-
withholding
27 013
36 957
-
-
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.

1 486
2 032
-
-
total
28 499
38 989
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 109
113 153
85 401
115 840
After tax
126 391
110 347
138 099
107 660
Living cost
45 335
45 335
45 335
45 335
Free-cash
81 056
65 012
92 764
62 325

Estimated living cost  is ₽45335 per week

₽33111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78787
₽81768
₽84630
₽88370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 986
social contributions
-
-
-
6 368
income
-
-
-
41 826
pensions
-
-
-
35 164
other
-
-
-
6 928
surtax
-
-
-
-
total
-
-
-
101 272
Employee
42 355
-
170 439
-
surtax
-
-
-
-
income
2 500
-
37 056
-
social contributions
1 208
-
4 857
-
pensions
4 789
-
12 902
-
total
8 497
-
54 815
-
Employer
42 355
-
170 439
-
unemployment
1 715
-
6 904
-
pensions
6 958
-
21 534
-
social contributions
128
-
511
-
other
1 461
-
7 096
-
health
2 965
-
17 014
-
total
13 227
-
53 059
-
Corporate
167 919
223 500
-
-
surtax
-
-
-
-
income
47 018
62 581
-
-
total
47 018
62 581
-
-
Dividends
120 901
160 919
-
-
withholding
15 475
20 598
-
-
surtax
-
-
-
-
social contributions
20 795
27 676
-
-
total
36 270
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 012
110 855
107 874
101 272
After tax
118 488
112 645
115 626
122 228
Living cost
33 858
33 858
33 858
33 858
Free-cash
84 630
78 787
81 768
88 370

Estimated living cost  is ₽33858 per week

₽21349
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.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82141
₽85122
₽87641
₽91724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 986
social contributions
-
-
-
6 368
income
-
-
-
41 826
pensions
-
-
-
35 164
other
-
-
-
6 928
surtax
-
-
-
-
total
-
-
-
101 272
Employee
37 807
-
170 439
-
surtax
-
-
-
-
income
1 949
-
37 056
-
social contributions
1 078
-
4 857
-
pensions
4 276
-
12 902
-
total
7 303
-
54 815
-
Employer
37 807
-
170 439
-
unemployment
1 531
-
6 904
-
pensions
6 212
-
21 534
-
social contributions
113
-
511
-
other
1 305
-
7 096
-
health
2 646
-
17 014
-
total
11 807
-
53 059
-
Corporate
173 886
223 500
-
-
surtax
-
-
-
-
income
48 687
62 581
-
-
total
48 687
62 581
-
-
Dividends
125 198
160 919
-
-
withholding
16 025
20 598
-
-
surtax
-
-
-
-
social contributions
21 533
27 676
-
-
total
37 558
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 355
110 855
107 874
101 272
After tax
118 145
112 645
115 626
122 228
Living cost
30 504
30 504
30 504
30 504
Free-cash
87 641
82 141
85 122
91 724

Estimated living cost  is ₽30504 per week

₽17691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115370
₽116493
₽115883
₽122548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 601
social contributions
-
-
-
30 842
income
-
-
-
33 524
total
-
-
-
79 967
Employee
33 554
-
223 500
-
income
5 596
-
39 579
-
social contributions
4 631
-
30 842
-
health
2 342
-
15 601
-
total
12 569
-
86 022
-
Employer
33 554
-
223 500
-
total
-
-
-
-
Corporate
189 946
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%.

9 497
11 174
-
-
total
9 497
11 174
-
-
Dividends
180 449
212 326
-
-
withholding
27 068
31 849
-
-
social contributions
24 902
29 301
-
-
health
12 596
14 821
-
-
total
64 566
75 971
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 632
87 145
86 022
79 967
After tax
136 868
136 355
137 478
143 533
Living cost
20 985
20 985
20 985
20 985
Free-cash
115 883
115 370
116 493
122 548

Estimated living cost  is ₽20985 per week

₽14044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88324
₽23714
₽86790
₽79610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
894
income
-
-
-
71 627
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
195
total
-
-
-
109 019
Employee
49 457
39 438
184 969
-
unemployment
1 484
1 183
3 469
-
income
5 630
2 909
60 143
-
pensions
5 065
4 038
11 839
-
health
1 914
1 527
4 473
-
other
494
394
1 157
-
total
14 587
10 051
81 081
-
Employer
49 457
39 438
184 969
-
chamber of commerce
197
158
740
-
surtax
195
195
195
-
payroll
1 484
1 183
5 550
-
unemployment
1 484
1 183
3 469
-
pensions
6 207
4 950
14 509
-
accident
642
513
1 502
-
other
2 349
1 872
8 196
-
health
1 869
1 491
4 370
-
total
14 427
11 545
38 531
-
Corporate
159 616
172 516
181 213
-
income

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

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

39 904
43 128
45 303
-
total
39 904
43 128
45 303
-
Dividends
119 712
129 388
-
-
withholding
32 921
35 581
-
-
total
32 921
35 581
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 839
100 305
164 915
109 019
After tax
121 661
123 195
58 585
114 481
Living cost
34 871
34 871
34 871
34 871
Free-cash
86 790
88 324
23 714
79 610

Estimated living cost  is ₽34871 per week

₽23257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2975
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.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86517
₽39858
₽73969
₽61131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
11 929
social contributions
-
-
-
24 673
national
-
-
-
89 684
total
-
-
-
126 286
Employee

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

70 789
-
173 107
-
national
21 763
-
65 512
-
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.

616
-
1 506
-
communal

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

3 692
-
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.

5 309
-
12 983
-
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.

3 326
-
8 136
-
total
34 706
-
97 166
-
Employer

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

70 789
-
173 107
-
surtax
8 027
-
19 629
-
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.

1 033
-
2 528
-
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.

6 273
-
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.

920
-
2 252
-
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.

4 353
-
10 646
-
total
20 606
-
50 393
-
Corporate
132 106
223 500
-
-
surtax
528
958
-
-
income
26 422
47 914
-
-
total
26 950
48 872
-
-
Dividends
105 156
174 629
-
-
withholding

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

31 186
52 028
-
-
total
31 186
52 028
-
-
Income
223 500
223 500
223 500
223 500
Total tax
113 448
100 900
147 559
126 286
After tax
110 052
122 600
75 941
97 214
Living cost
36 083
36 083
36 083
36 083
Free-cash
73 969
86 517
39 858
61 131

Estimated living cost  is ₽36083 per week

₽23242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112646
₽84985
₽105862
₽89138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 104
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
98 622
Employee
49 261
-
194 258
-
unemployment
764
-
1 422
-
income
10 394
-
67 707
-
pensions
2 316
-
4 312
-
other
49
-
92
-
total
13 523
-
73 533
-
Employer
49 261
-
194 258
-
unemployment
2 710
-
5 044
-
pensions
11 625
-
21 648
-
accident
975
-
1 816
-
other
393
-
734
-
total
15 703
-
29 242
-
Corporate
158 537
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.

23 781
33 524
-
-
total
23 781
33 524
-
-
Dividends
134 756
189 976
-
-
withholding
28 891
41 590
-
-
total
28 891
41 590
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 898
75 114
102 775
98 622
After tax
141 602
148 386
120 725
124 878
Living cost
35 740
35 740
35 740
35 740
Free-cash
105 862
112 646
84 985
89 138

Estimated living cost  is ₽35740 per week

₽26318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72714
₽60122
₽59102
₽51215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 702
communal
-
-
-
14 124
income
-
-
-
42 215
pensions
-
-
-
33 500
surtax
-
-
-
11 080
accident
-
-
-
1 884
total
-
-
-
118 505
Employee
74 944
-
199 642
-
surtax
4 594
-
12 235
-
income
7 239
-
48 649
-
pensions
5 995
-
15 971
-
health
3 335
-
8 885
-
total
21 163
-
85 740
-
Employer
74 944
-
199 642
-
pensions
5 995
-
15 971
-
accident
674
-
1 797
-
health
2 286
-
6 090
-
total
8 955
-
23 858
-
Corporate
139 602
223 500
-
-
surtax
1 465
2 348
-
-
income
20 940
33 524
-
-
communal
9 424
15 086
-
-
total
31 829
50 958
-
-
Dividends
107 774
172 542
-
-
withholding
16 166
25 881
-
-
income
32 505
20 167
-
-
total
48 671
46 048
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 618
97 006
109 598
118 505
After tax
112 882
126 494
113 902
104 995
Living cost
53 780
53 780
53 780
53 780
Free-cash
59 102
72 714
60 122
51 215

Estimated living cost  is ₽53780 per week

₽40343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118355
₽76835
₽115205
₽82885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 377
income
-
-
-
70 470
pensions
-
-
-
26 416
unemployment
-
-
-
225
other
-
-
-
-
surtax
-
-
-
11 899
total
-
-
-
118 387
Employee
33 327
-
195 698
-
surtax
118
-
10 714
-
unemployment
2 319
-
9 193
-
income
5 587
-
64 551
-
pensions
2 224
-
8 810
-
health
851
-
3 367
-
other
-
-
-
-
total
11 099
-
96 635
-
Employer
33 327
-
195 698
-
unemployment
1 057
-
4 186
-
pensions
4 443
-
17 606
-
other
-
-
-
-
health
1 516
-
6 010
-
total
7 016
-
27 802
-
Corporate
183 157
223 500
-
-
income
47 621
58 109
-
-
total
47 621
58 109
-
-
Dividends
135 536
165 391
-
-
withholding
20 331
24 808
-
-
total
20 331
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 067
82 917
124 437
118 387
After tax
137 433
140 583
99 063
105 113
Living cost
22 228
22 228
22 228
22 228
Free-cash
115 205
118 355
76 835
82 885

Estimated living cost  is ₽22228 per week

₽13420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90819
₽72064
₽88622
₽80407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
61 980
regional
-
-
-
3 532
municipal
-
-
-
1 392
total
-
-
-
116 435
Employee
54 896
-
223 500
-
regional
739
-
3 218
-
national
8 697
-
55 356
-
municipal
291
-
1 268
-
social contributions
18 511
-
64 936
-
total
28 238
-
124 778
-
Employer
54 896
-
223 500
-
total
-
-
-
-
Corporate
168 604
223 500
-
-
nationa
40 465
53 640
-
-
municipal
8 380
11 108
-
-
total
48 845
64 748
-
-
Dividends
119 759
158 752
-
-
withholding
31 137
41 275
-
-
total
31 137
41 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 220
106 023
124 778
116 435
After tax
115 280
117 477
98 722
107 065
Living cost
26 658
26 658
26 658
26 658
Free-cash
88 622
90 819
72 064
80 407

Estimated living cost  is ₽26658 per week

₽16579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123792
₽91959
₽113058
₽101725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
30 172
social contributions
-
-
-
35 135
income
-
-
-
23 729
solidarity contribution
-
-
-
2 651
total
-
-
-
91 687
Employee
44 247
-
177 449
-
income
5 310
-
21 851
-
solidarity contribution
-
-
1 774
-
social contributions
2 876
-
7 821
-
health
5 973
-
23 956
-
total
14 159
-
55 402
-
Employer
44 247
-
177 449
-
social contributions
11 062
-
30 081
-
health
3 982
-
15 970
-
total
15 044
-
46 051
-
Corporate
164 210
223 500
-
-
income
31 200
42 465
-
-
total
31 200
42 465
-
-
Dividends
133 010
181 035
-
-
withholding
19 951
27 155
-
-
total
19 951
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 354
69 620
101 453
91 687
After tax
143 146
153 880
122 047
131 813
Living cost
30 088
30 088
30 088
30 088
Free-cash
113 058
123 792
91 959
101 725

Estimated living cost  is ₽30088 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91727
₽27063
₽91234
₽83103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 844
chamber of commerce
-
-
-
894
income
-
-
-
71 627
pensions
-
-
-
21 389
unemployment
-
-
-
6 070
surtax
-
-
-
-
total
-
-
-
108 824
Employee
43 259
39 438
185 151
-
unemployment
1 298
1 183
3 469
-
income
3 854
2 909
60 230
-
pensions
4 430
4 038
11 839
-
health
1 673
1 527
4 473
-
other
432
394
1 157
-
total
11 687
10 051
81 168
-
Employer
43 259
39 438
185 151
-
chamber of commerce
173
158
740
-
surtax
-
-
-
-
payroll
1 298
1 183
5 555
-
unemployment
1 298
1 183
3 469
-
pensions
5 429
4 950
14 509
-
accident
562
513
1 502
-
other
2 055
1 872
8 203
-
health
1 636
1 491
4 370
-
total
12 451
11 350
38 348
-
Corporate
167 791
172 711
181 395
-
income

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

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

41 947
43 177
45 348
-
total
41 947
43 177
45 348
-
Dividends
125 844
129 534
-
-
withholding
34 608
35 622
-
-
total
34 608
35 622
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 693
100 200
164 864
108 824
After tax
122 807
123 300
58 636
114 676
Living cost
31 573
31 573
31 573
31 573
Free-cash
91 234
91 727
27 063
83 103

Estimated living cost  is ₽31573 per week

₽18940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199536
₽166011
₽197138
₽208476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 986
-
223 500
-
income
3 197
-
44 700
-
total
3 197
-
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%.

207 514
223 500
-
-
total
-
-
-
-
Dividends
207 514
223 500
-
-
withholding
10 376
11 175
-
-
total
10 376
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 573
11 175
44 700
2 235
After tax
209 927
212 325
178 800
221 265
Living cost
12 789
12 789
12 789
12 789
Free-cash
197 138
199 536
166 011
208 476

Estimated living cost  is ₽12789 per week

₽8654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127335
₽72278
₽119058
₽77127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
21 993
income
-
-
-
56 683
pensions
-
-
-
40 817
unemployment
-
-
-
336
total
-
-
-
119 829
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.

43 762
-
193 390
-
unemployment
62
-
270
-
income
7 547
-
51 832
-
pensions
6 783
-
29 975
-
health
2 826
-
12 492
-
total
17 218
-
94 569
-
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.

43 762
-
193 390
-
unemployment
26
-
116
-
pensions
3 872
-
17 114
-
health
2 915
-
12 879
-
total
6 813
-
30 109
-
Corporate
172 925
223 500
-
-
income
32 856
42 465
-
-
total
32 856
42 465
-
-
Dividends
140 069
181 035
-
-
withholding
21 011
27 156
-
-
total
21 011
27 156
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 898
69 621
124 678
119 829
After tax
145 602
153 879
98 822
103 671
Living cost
26 544
26 544
26 544
26 544
Free-cash
119 058
127 335
72 278
77 127

Estimated living cost  is ₽26544 per week

₽18217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90319
₽163922
₽39988
₽108798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 479
income
-
-
-
43 565
total
-
-
-
69 044
Employee
65 467
-
-
-
income
14 441
-
-
-
social contributions
5 368
-
765
-
total
19 809
-
765
-
Employer
65 467
-
-
-
social contributions
92 308
-
13 155
-
total
92 308
-
13 155
-
Corporate
65 725
223 500
-
-
income
14 459
49 170
-
-
total
14 459
49 170
-
-
Dividends
51 265
174 330
-
-
income
11 278
38 353
-
-
total
11 278
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
137 854
87 523
13 920
69 044
After tax
85 646
135 977
209 580
154 456
Living cost
45 658
45 658
45 658
45 658
Free-cash
39 988
90 319
163 922
108 798

Estimated living cost  is ₽45658 per week

₽29625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96086
₽68010
₽95088
₽85498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
77 667
income
-
-
-
29 294
surtax
-
-
-
-
total
-
-
-
106 961
Employee
45 515
-
180 606
-
surtax
-
-
263
-
income
9 467
-
61 425
-
social contributions
5 007
-
19 867
-
total
14 474
-
81 555
-
Employer
45 515
-
180 606
-
social contributions
10 810
-
42 894
-
total
10 810
-
42 894
-
Corporate
167 175
223 500
-
-
surtax
-
-
-
-
income
35 107
46 935
-
-
total
35 107
46 935
-
-
Dividends
132 068
176 565
-
-
withholding
36 980
49 438
-
-
total
36 980
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 371
96 373
124 449
106 961
After tax
126 129
127 127
99 051
116 539
Living cost
31 041
31 041
31 041
31 041
Free-cash
95 088
96 086
68 010
85 498

Estimated living cost  is ₽31041 per week

₽23225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64847
₽67828
₽71649
₽74430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 986
social contributions
-
-
-
6 368
income
-
-
-
41 826
pensions
-
-
-
35 164
other
-
-
-
6 928
surtax
-
-
-
-
total
-
-
-
101 272
Employee
61 982
-
170 439
-
surtax
-
-
-
-
income
5 408
-
37 056
-
social contributions
1 765
-
4 857
-
pensions
7 011
-
12 902
-
total
14 184
-
54 815
-
Employer
61 982
-
170 439
-
unemployment
2 511
-
6 904
-
pensions
10 184
-
21 534
-
social contributions
186
-
511
-
other
2 139
-
7 096
-
health
4 338
-
17 014
-
total
19 358
-
53 059
-
Corporate
142 159
223 500
-
-
surtax
-
-
-
-
income
39 804
62 581
-
-
total
39 804
62 581
-
-
Dividends
102 355
160 919
-
-
withholding
13 101
20 598
-
-
surtax
-
-
-
-
social contributions
17 606
27 676
-
-
total
30 707
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 053
110 855
107 874
101 272
After tax
119 447
112 645
115 626
122 228
Living cost
47 798
47 798
47 798
47 798
Free-cash
71 649
64 847
67 828
74 430

Estimated living cost  is ₽47798 per week

₽32349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171402
₽139098
₽168077
₽133158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 424
social contributions
-
-
-
49 170
total
-
-
-
60 594
Employee
31 815
-
193 506
-
social contributions
2 068
-
12 577
-
income
-
-
12 083
-
total
2 068
-
24 660
-
Employer
31 815
-
193 506
-
social contributions
4 932
-
29 994
-
total
4 932
-
29 994
-
Corporate
186 753
223 500
-
-
income
18 675
22 350
-
-
total
18 675
22 350
-
-
Dividends
168 078
201 150
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 675
22 350
54 654
60 594
After tax
197 825
201 150
168 846
162 906
Living cost
29 748
29 748
29 748
29 748
Free-cash
168 077
171 402
139 098
133 158

Estimated living cost  is ₽29748 per week

₽19235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8220
₽8220
₽4681
₽81372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 812
national
-
-
-
27 849
pensions
-
-
-
856
municipal
-
-
-
48 025
total
-
-
-
94 542
Employee
200 849
200 849
200 849
-
national
24 537
24 537
24 537
-
labour market
16 045
16 045
16 045
-
municipal
42 770
42 770
42 770
-
pensions
285
285
285
-
total
83 637
83 637
83 637
-
Employer
200 849
200 849
200 849
-
national
24 580
24 580
24 580
-
pensions
571
571
571
-
labour market
16 068
16 068
16 068
-
municipal
42 838
42 838
42 838
-
total
84 057
84 057
84 057
-
Corporate
8 220
-
-
-
income
1 808
-
-
-
total
1 808
-
-
-
Dividends
6 411
-
-
-
withholding
1 731
-
-
-
total
1 731
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
171 233
167 694
167 694
94 542
After tax
52 267
55 806
55 806
128 958
Living cost
47 586
47 586
47 586
47 586
Free-cash
4 681
8 220
8 220
81 372

Estimated living cost  is ₽47586 per week

₽32568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3478
₽101510
₽14793
₽131031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
63 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
70 888
Employee
33 948
-
204 121
-
income
4 657
-
50 062
-
pensions
3 823
-
7 596
-
health
3 887
-
23 372
-
total
12 367
-
81 030
-
Employer
33 948
-
204 121
-
unemployment
832
-
5 001
-
pensions
5 520
-
10 969
-
accident
567
-
3 409
-
total
6 919
-
19 379
-
Corporate
182 633
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.

164 370
201 150
-
-
total
164 370
201 150
-
-
Dividends
18 263
22 350
-
-
withholding
3 470
4 247
-
-
total
3 470
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 126
205 397
100 409
70 888
After tax
36 374
18 103
123 091
152 612
Living cost
21 581
21 581
21 581
21 581
Free-cash
14 793
-3 478
101 510
131 031

Estimated living cost  is ₽21581 per week

₽15709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99000
₽73413
₽102058
₽99016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 029
national
-
-
-
43 777
municipal
-
-
-
39 684
total
-
-
-
86 490
Employee
52 066
-
188 021
-
national
860
-
28 013
-
unemployment
781
-
2 821
-
municipal
8 528
-
30 604
-
pensions
3 514
-
12 692
-
health
389
-
2 483
-
total
14 072
-
76 613
-
Employer
52 066
-
188 021
-
unemployment
338
-
1 223
-
pensions
9 033
-
32 621
-
accident
53
-
188
-
health
400
-
1 448
-
total
9 824
-
35 480
-
Corporate
161 610
223 500
-
-
income
32 322
44 700
-
-
total
32 322
44 700
-
-
Dividends

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

96 966
134 100
-
-
municipal
17 454
24 138
-
-
national
9 776
17 668
-
-
total
27 230
41 806
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 448
86 506
112 093
86 490
After tax
140 052
136 994
111 407
137 010
Living cost
37 994
37 994
37 994
37 994
Free-cash
102 058
99 000
73 413
99 016

Estimated living cost  is ₽37994 per week

₽24818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139972
₽125553
₽134587
₽127386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 700
social contributions
-
-
-
16 012
income
-
-
-
51 489
total
-
-
-
73 201
Employee
76 098
76 098
211 077
-
income
8 286
7 044
50 503
-
social contributions
2 877
6 316
8 519
-
health
590
1 294
3 589
-
total
11 753
14 654
62 611
-
Employer
76 098
76 098
211 077
-
social contributions
2 877
6 316
8 519
-
health
640
1 409
3 904
-
total
3 517
7 725
12 423
-
Corporate
185 317
139 678
-
-
income
23 165
17 460
-
-
total
23 165
17 460
-
-
Dividends
162 152
122 218
-
-
withholding
27 565
20 776
-
-
total
27 565
20 776
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 000
60 615
75 034
73 201
After tax
157 500
162 885
148 466
150 299
Living cost
22 913
22 913
22 913
22 913
Free-cash
134 587
139 972
125 553
127 386

Estimated living cost  is ₽22913 per week

₽13732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽169368
₽154886
₽164333
₽174737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 581
income
-
-
-
23 147
pensions
-
-
-
6 295
unemployment
-
-
-
28
total
-
-
-
33 051
Employee

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

22 715
-
213 828
-
unemployment
113
-
470
-
income
1 553
-
20 692
-
pensions
3 407
-
14 085
-
health
1 931
-
7 982
-
total
7 004
-
43 229
-
Employer

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

22 715
-
213 828
-
unemployment
113
-
470
-
pensions
1 249
-
5 165
-
health
977
-
4 038
-
total
2 339
-
9 673
-
Corporate
198 447
223 500
-
-
income
17 860
20 115
-
-
total
17 860
20 115
-
-
Dividends
180 587
203 385
-
-
withholding
16 252
18 305
-
-
total
16 252
18 305
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 455
38 420
52 902
33 051
After tax
180 045
185 080
170 598
190 449
Living cost
15 712
15 712
15 712
15 712
Free-cash
164 333
169 368
154 886
174 737

Estimated living cost  is ₽15712 per week

₽10025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
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.
₽4087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121172
₽93511
₽116799
₽97664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 104
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
98 622
Employee
36 592
-
194 258
-
unemployment
567
-
1 422
-
income
7 055
-
67 707
-
pensions
1 720
-
4 312
-
other
36
-
92
-
total
9 378
-
73 533
-
Employer
36 592
-
194 258
-
unemployment
2 013
-
5 044
-
pensions
8 635
-
21 648
-
accident
725
-
1 816
-
other
293
-
734
-
total
11 666
-
29 242
-
Corporate
175 241
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.

26 286
33 524
-
-
total
26 286
33 524
-
-
Dividends
148 955
189 976
-
-
withholding
32 157
41 590
-
-
total
32 157
41 590
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 487
75 114
102 775
98 622
After tax
144 013
148 386
120 725
124 878
Living cost
27 214
27 214
27 214
27 214
Free-cash
116 799
121 172
93 511
97 664

Estimated living cost  is ₽27214 per week

₽18369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137614
₽142208
₽137311
₽142338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
979
income
-
-
-
76 983
pensions
-
-
-
1 350
total
-
-
-
79 312
Employee
2 818
-
221 982
-
unemployment
28
-
68
-
income
545
-
76 912
-
pensions
254
-
607
-
health
141
-
337
-
total
968
-
77 924
-
Employer
2 818
-
221 982
-
unemployment
56
-
135
-
pensions
310
-
742
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
220 047
223 500
-
-
income
48 410
49 170
-
-
total
48 410
49 170
-
-
Dividends
171 637
174 330
-
-
withholding
34 327
34 866
-
-
total
34 327
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 339
84 036
79 442
79 312
After tax
139 161
139 464
144 058
144 188
Living cost
1 850
1 850
1 850
1 850
Free-cash
137 311
137 614
142 208
142 338

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144408
₽127102
₽139550
₽127102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 514
income
-
-
-
51 752
pensions
-
-
-
18 967
unemployment
-
-
-
1 094
total
-
-
-
79 327
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.

25 742
-
210 442
-
unemployment
193
-
547
-
income
3 548
-
51 752
-
pensions
3 604
-
10 213
-
health
1 326
-
3 757
-
total
8 671
-
66 269
-
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.

25 742
-
210 442
-
unemployment
193
-
547
-
pensions
3 089
-
8 754
-
health
1 326
-
3 757
-
total
4 608
-
13 058
-
Corporate
193 151
223 500
-
-
income
28 973
33 525
-
-
total
28 973
33 525
-
-
Dividends
164 178
189 975
-
-
withholding
24 627
28 496
-
-
total
24 627
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 879
62 021
79 327
79 327
After tax
156 621
161 479
144 173
144 173
Living cost
17 071
17 071
17 071
17 071
Free-cash
139 550
144 408
127 102
127 102

Estimated living cost  is ₽17071 per week

₽11494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100447
₽72371
₽100090
₽89859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
77 667
income
-
-
-
29 294
surtax
-
-
-
-
total
-
-
-
106 961
Employee
38 410
-
180 606
-
surtax
-
-
263
-
income
7 505
-
61 425
-
social contributions
4 226
-
19 867
-
total
11 731
-
81 555
-
Employer
38 410
-
180 606
-
social contributions
9 121
-
42 894
-
total
9 121
-
42 894
-
Corporate
175 969
223 500
-
-
surtax
-
-
-
-
income
36 954
46 935
-
-
total
36 954
46 935
-
-
Dividends
139 015
176 565
-
-
withholding
38 924
49 438
-
-
total
38 924
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 730
96 373
124 449
106 961
After tax
126 770
127 127
99 051
116 539
Living cost
26 680
26 680
26 680
26 680
Free-cash
100 090
100 447
72 371
89 859

Estimated living cost  is ₽26680 per week

₽18896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽113606
₽85945
₽107127
₽90098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 104
pensions
-
-
-
25 958
unemployment
-
-
-
642
other
-
-
-
92
accident
-
-
-
826
total
-
-
-
98 622
Employee
47 794
-
194 258
-
unemployment
740
-
1 422
-
income
9 983
-
67 707
-
pensions
2 246
-
4 312
-
other
47
-
92
-
total
13 016
-
73 533
-
Employer
47 794
-
194 258
-
unemployment
2 629
-
5 044
-
pensions
11 279
-
21 648
-
accident
947
-
1 816
-
other
383
-
734
-
total
15 238
-
29 242
-
Corporate
160 467
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.

24 070
33 524
-
-
total
24 070
33 524
-
-
Dividends
136 397
189 976
-
-
withholding
29 269
41 590
-
-
total
29 269
41 590
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 593
75 114
102 775
98 622
After tax
141 907
148 386
120 725
124 878
Living cost
34 780
34 780
34 780
34 780
Free-cash
107 127
113 606
85 945
90 098

Estimated living cost  is ₽34780 per week

₽24977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174108
₽173083
₽168092
₽163782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 966
income
-
-
-
33 525
pensions

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

-
-
-
5 104
unemployment
-
-
-
138
total
-
-
-
42 733
Employee
22 491
-
216 733
-
income
2 249
-
21 673
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
pensions

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

1 974
-
3 028
-
health
1 035
-
1 586
-
total
5 505
-
26 666
-
Employer
22 491
-
216 733
-
unemployment
135
-
207
-
pensions

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

2 478
-
3 800
-
accident

We are using the highest rate at 1.1%.

247
-
379
-
health
1 552
-
2 380
-
total
4 412
-
6 766
-
Corporate
196 596
223 500
-
-
income
19 660
22 350
-
-
total
19 660
22 350
-
-
Dividends
176 937
201 150
-
-
withholding
8 846
10 057
-
-
total
8 846
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 423
32 407
33 432
42 733
After tax
185 077
191 093
190 068
180 767
Living cost
16 985
16 985
16 985
16 985
Free-cash
168 092
174 108
173 083
163 782

Estimated living cost  is ₽16985 per week

₽11234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽972
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.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76735
₽99892
₽89683
₽74422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 761
income

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

-
-
-
74 540
trade
-
-
-
25 470
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.

-
-
-
4 100
total
-
-
-
110 871
Employee

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

49 240
-
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.

223
-
4 100
-
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.

4 049
-
74 540
-
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.

6 761
-
6 761
-
total
11 033
-
85 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 260
223 500
-
-
trade
25 006
32 073
-
-
chamber of commerce
406
479
-
-
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.

1 437
1 844
-
-
income
26 138
33 524
-
-
total
52 987
67 920
-
-
Dividends
121 274
155 580
-
-
withholding
29 943
38 520
-
-
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.

1 647
2 118
-
-
total
31 590
40 638
-
-
Income
223 500
223 500
223 500
223 500
Total tax
95 610
108 558
85 401
110 871
After tax
127 890
114 942
138 099
112 629
Living cost
38 207
38 207
38 207
38 207
Free-cash
89 683
76 735
99 892
74 422

Estimated living cost  is ₽38207 per week

₽26356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
₽100076
₽55656
₽102261
₽55656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 043
social contributions
-
-
-
38 427
total
-
-
-
111 470
Employee
77 411
-
223 500
-
social contributions
6 431
-
38 427
-
income
14 607
-
73 043
-
total
21 038
-
111 470
-
Employer
77 411
-
223 500
-
total
-
-
-
-
Corporate
146 089
223 500
-
-
income
18 262
27 937
-
-
total
18 262
27 937
-
-
Dividends
127 827
195 563
-
-
withholding
25 565
39 113
-
-
total
25 565
39 113
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 865
67 050
111 470
111 470
After tax
158 635
156 450
112 030
112 030
Living cost
56 374
56 374
56 374
56 374
Free-cash
102 261
100 076
55 656
55 656

Estimated living cost  is ₽56374 per week

₽42888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4594
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.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104123
₽119989
₽107580
₽147892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 160
income
-
-
-
33 524
total
-
-
-
39 684
Employee
45 398
-
218 948
-
social contributions
4 549
-
4 552
-
income
4 926
-
58 483
-
total
9 475
-
63 035
-
Employer
45 398
-
218 948
-
social contributions
4 549
-
4 552
-
total
4 549
-
4 552
-
Corporate
173 553
223 500
-
-
income
60 744
78 225
-
-
total
60 744
78 225
-
-
Dividends
112 809
145 275
-
-
social contributions
5 228
5 228
-
-
total
5 228
5 228
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 996
83 453
67 587
39 684
After tax
143 504
140 047
155 913
183 816
Living cost
35 924
35 924
35 924
35 924
Free-cash
107 580
104 123
119 989
147 892

Estimated living cost  is ₽35924 per week

₽23663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104284
₽87861
₽110127
₽107815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 144
pensions
-
-
-
9 873
total
-
-
-
79 017
Employee
50 332
-
194 781
-
income
9 166
-
55 841
-
pensions
3 842
-
11 782
-
health
657
-
2 631
-
total
13 665
-
70 254
-
Employer
50 332
-
194 781
-
pensions
5 085
-
25 017
-
health
957
-
3 700
-
total
6 042
-
28 717
-
Corporate
167 126
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.

31 754
42 464
-
-
total
31 754
42 464
-
-
Dividends
135 372
181 036
-
-
withholding
25 244
40 084
-
-
total
25 244
40 084
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 705
82 548
98 971
79 017
After tax
146 795
140 952
124 529
144 483
Living cost
36 668
36 668
36 668
36 668
Free-cash
110 127
104 284
87 861
107 815

Estimated living cost  is ₽36668 per week

₽25154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5615
₽99373
₽14466
₽128894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 171
income
-
-
-
63 954
pensions
-
-
-
4 143
other
-
-
-
369
accident
-
-
-
251
total
-
-
-
70 888
Employee
37 309
-
204 121
-
income
5 118
-
50 062
-
pensions
4 201
-
7 596
-
health
4 272
-
23 372
-
total
13 591
-
81 030
-
Employer
37 309
-
204 121
-
unemployment
914
-
5 001
-
pensions
6 066
-
10 969
-
accident
623
-
3 409
-
total
7 603
-
19 379
-
Corporate
178 588
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.

160 729
201 150
-
-
total
160 729
201 150
-
-
Dividends
17 859
22 350
-
-
withholding
3 393
4 247
-
-
total
3 393
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
185 316
205 397
100 409
70 888
After tax
38 184
18 103
123 091
152 612
Living cost
23 718
23 718
23 718
23 718
Free-cash
14 466
-5 615
99 373
128 894

Estimated living cost  is ₽23718 per week

₽17406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157622
₽150805
₽154630
₽129060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
791
income
-
-
-
37 596
health insurance
-
-
-
11 702
pensions
-
-
-
29 097
unemployment
-
-
-
1 898
total
-
-
-
81 084
Employee

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

21 370
-
223 500
-
unemployment
256
-
949
-
work injury
107
-
395
-
income
2 137
-
37 596
-
health insurance
1 581
-
5 851
-
pensions
3 932
-
14 548
-
total
8 013
-
59 339
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 130
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%.

20 213
22 350
-
-
total
20 213
22 350
-
-
Dividends
181 917
201 150
-
-
withholding
27 288
30 172
-
-
total
27 288
30 172
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 514
52 522
59 339
81 084
After tax
167 986
170 978
164 161
142 416
Living cost
13 356
13 356
13 356
13 356
Free-cash
154 630
157 622
150 805
129 060

Estimated living cost  is ₽13356 per week

₽8275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78301
₽57408
₽73798
₽65537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 531
national
-
-
-
61 980
regional
-
-
-
5 462
municipal
-
-
-
1 566
total
-
-
-
118 539
Employee
83 392
-
223 500
-
regional
1 259
-
4 949
-
national
14 093
-
55 356
-
municipal
498
-
1 427
-
social contributions
28 119
-
64 936
-
total
43 969
-
126 668
-
Employer
83 392
-
223 500
-
total
-
-
-
-
Corporate
140 108
223 500
-
-
nationa
33 626
53 640
-
-
municipal
6 753
10 772
-
-
total
40 379
64 412
-
-
Dividends
99 729
159 088
-
-
withholding
25 930
41 363
-
-
total
25 930
41 363
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 278
105 775
126 668
118 539
After tax
113 222
117 725
96 832
104 961
Living cost
39 424
39 424
39 424
39 424
Free-cash
73 798
78 301
57 408
65 537

Estimated living cost  is ₽39424 per week

₽27693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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