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
₽82691
₽93630
₽80177
₽108138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 961
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.

-
-
-
74 554
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.

-
-
-
6 756
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
-
-
-
113 371
Employee

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

37 822
-
223 500
-
income

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

1 057
-
74 554
-
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
-
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.

6 756
-
6 756
-
total
7 871
-
85 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 678
223 500
-
-
income
27 852
33 525
-
-
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.

1 531
1 845
-
-
trade
29 244
35 201
-
-
chamber of commerce
417
471
-
-
total
59 044
71 042
-
-
Dividends
126 634
152 459
-
-
surtax

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

1 721
2 075
-
-
withholding
31 282
37 740
-
-
total
33 003
39 815
-
-
Income
223 500
223 500
223 500
223 500
Total tax
99 918
110 857
85 410
113 371
After tax
123 582
112 643
138 090
110 129
Living cost
29 952
29 952
29 952
29 952
Free-cash
93 630
82 691
108 138
80 177

Estimated living cost  is ₽29952 per week

₽18841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85890
₽84999
₽74777
₽75977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 749
national
-
-
-
41 177
pensions
-
-
-
26 820
social contributions
-
-
-
2 403
total
-
-
-
95 149
Employee
83 050
-
193 214
-
national
15 896
-
43 072
-
pensions
3 322
-
7 729
-
municipal
10 258
-
25 614
-
total
29 476
-
76 415
-
Employer
83 050
-
193 214
-
social contributions
893
-
2 077
-
pensions
6 644
-
15 457
-
total
7 537
-
17 534
-
Corporate
127 432
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%.

25 486
44 700
-
-
total
25 486
44 700
-
-
Dividends
101 946
178 800
-
-
withholding
22 428
39 336
-
-
total
22 428
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 927
84 036
93 949
95 149
After tax
138 573
139 464
129 551
128 351
Living cost
53 574
53 574
53 574
53 574
Free-cash
84 999
85 890
75 977
74 777

Estimated living cost  is ₽53574 per week

₽36414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158227
₽150115
₽60789
₽76657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
47 257
surtax
-
-
-
56 993
social contributions

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

-
-
-
37 888
total
-
-
-
142 138
Employee
28 895
-
175 773
-
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.

3 179
-
12 963
-
income
5 144
-
40 096
-
surtax
-
-
25 487
-
total
8 323
-
78 546
-
Employer
28 895
-
175 773
-
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.

6 960
-
28 390
-
surtax
-
-
19 334
-
total
6 960
-
47 724
-
Corporate
187 645
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%.

37 529
44 700
-
-
total
37 529
44 700
-
-
Dividends

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

150 115
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 812
44 700
126 270
142 138
After tax
170 688
178 800
97 230
81 362
Living cost
20 573
20 573
20 573
20 573
Free-cash
150 115
158 227
76 657
60 789

Estimated living cost  is ₽20573 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69965
₽63906
₽78534
₽101513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 761
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
103 541
Employee
84 445
84 445
205 123
-
pensions
15 200
11 586
11 586
-
income

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

13 822
13 822
38 405
-
health
12 961
11 025
12 194
-
total
41 983
36 433
62 185
-
Employer
84 445
84 445
205 123
-
health
5 870
5 870
7 294
-
pensions
5 877
5 877
7 305
-
unemployment
3 040
3 040
3 778
-
total
14 787
14 787
18 377
-
Corporate
125 303
124 267
-
-
income
25 061
24 853
-
-
total
25 061
24 853
-
-
Dividends
100 242
99 414
-
-
income
21 301
21 124
-
-
withholding
15 037
14 913
-
-
total
36 338
36 037
-
-
Income
223 500
223 500
223 500
223 500
Total tax
118 169
112 110
80 562
103 541
After tax
105 331
111 390
142 938
119 959
Living cost
41 425
41 425
41 425
41 425
Free-cash
63 906
69 965
101 513
78 534

Estimated living cost  is ₽41425 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
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.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82556
₽81671
₽72253
₽71296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
59 174
national
-
-
-
27 534
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 399
pensions
-
-
-
9 352
other
-
-
-
10 053
total
-
-
-
111 772
Employee
56 249
-
196 317
-
national
-
-
27 004
-
municipal
16 773
-
58 542
-
total
16 773
-
85 546
-
Employer
56 249
-
196 317
-
health
3 459
-
5 321
-
pensions
6 080
-
9 352
-
accident
113
-
173
-
other
6 536
-
10 053
-
unemployment
1 485
-
2 284
-
total
17 673
-
27 183
-
Corporate
149 578
223 500
-
-
income
32 907
49 170
-
-
total
32 907
49 170
-
-
Dividends
116 671
174 330
-
-
withholding
35 001
52 299
-
-
total
35 001
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 354
101 469
112 729
111 772
After tax
121 146
122 031
110 771
111 728
Living cost
39 475
39 475
39 475
39 475
Free-cash
81 671
82 556
71 296
72 253

Estimated living cost  is ₽39475 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72646
₽86541
₽70040
₽99243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 203
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.

-
-
-
74 554
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.

-
-
-
6 756
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
-
-
-
114 613
Employee

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

50 147
-
223 500
-
income

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

4 309
-
74 554
-
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.

236
-
4 100
-
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.

6 756
-
6 756
-
total
11 301
-
85 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 353
223 500
-
-
income
26 004
33 525
-
-
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.

1 430
1 845
-
-
trade
28 516
36 766
-
-
chamber of commerce
396
467
-
-
total
56 346
72 603
-
-
Dividends
117 007
150 898
-
-
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.

1 588
2 055
-
-
withholding
28 877
37 349
-
-
total
30 465
39 404
-
-
Income
223 500
223 500
223 500
223 500
Total tax
98 112
112 007
85 410
114 613
After tax
125 388
111 493
138 090
108 887
Living cost
38 847
38 847
38 847
38 847
Free-cash
86 541
72 646
99 243
70 040

Estimated living cost  is ₽38847 per week

₽25981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽130811
₽126709
₽118219
₽116386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 508
health
-
-
-
5 699
social contributions
-
-
-
16 000
total
-
-
-
73 207
Employee
76 039
76 039
211 083
-
social contributions
3 695
6 311
8 512
-
income
7 985
7 039
50 523
-
health
756
1 293
3 588
-
total
12 436
14 643
62 623
-
Employer
76 039
76 039
211 083
-
social contributions
3 695
6 311
8 512
-
health
824
1 407
3 905
-
total
4 519
7 718
12 417
-
Corporate
174 471
139 743
-
-
income
21 809
17 467
-
-
total
21 809
17 467
-
-
Dividends
152 662
122 276
-
-
withholding
25 953
20 787
-
-
total
25 953
20 787
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 717
60 615
75 040
73 207
After tax
158 783
162 885
148 460
150 293
Living cost
32 074
32 074
32 074
32 074
Free-cash
126 709
130 811
116 386
118 219

Estimated living cost  is ₽32074 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106115
₽106521
₽135471
₽110206
S + D Salary + Dividends

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

Dividends

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

Salary

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

27 945
11 122
187 029
-
pensions
2 794
1 112
18 703
-
unemployment
419
167
2 805
-
income
3 416
1 360
22 864
-
health
1 956
779
13 092
-
total
8 585
3 418
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.

27 945
11 122
187 029
-
pensions
5 449
2 169
36 471
-
total
5 449
2 169
36 471
-
Corporate
190 106
210 210
-
-
income
17 110
18 919
-
-
total
17 110
18 919
-
-
Dividends
172 997
191 291
-
-
social contributions
33 607
37 175
-
-
withholding
32 869
36 345
-
-
total
66 476
73 520
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 620
98 026
93 935
68 670
After tax
125 880
125 474
129 565
154 830
Living cost
19 359
19 359
19 359
19 359
Free-cash
106 521
106 115
110 206
135 471

Estimated living cost  is ₽19359 per week

₽13211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154915
₽148773
₽95910
₽104937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
29 950
health
-
-
-
29 055
pensions
-
-
-
44 700
total
-
-
-
103 705
Employee
28 053
-
167 040
-
pensions
561
-
3 340
-
unemployment
448
-
2 672
-
income
3 158
-
32 206
-
total
4 167
-
38 218
-
Employer
28 053
-
167 040
-
health
3 646
-
21 716
-
pensions
5 611
-
33 408
-
unemployment
225
-
1 336
-
total
9 482
-
56 460
-
Corporate
185 965
223 500
-
-
income
37 193
44 700
-
-
total
37 193
44 700
-
-
Dividends
148 772
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 842
44 700
94 678
103 705
After tax
172 658
178 800
128 822
119 795
Living cost
23 885
23 885
23 885
23 885
Free-cash
148 773
154 915
104 937
95 910

Estimated living cost  is ₽23885 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
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.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3483
₽14793
₽131016
₽101595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
248
income
-
-
-
64 064
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
70 898
Employee
33 955
-
204 274
-
pensions
3 823
-
7 486
-
income
4 658
-
50 218
-
health
3 888
-
23 389
-
total
12 369
-
81 093
-
Employer
33 955
-
204 274
-
pensions
5 521
-
10 810
-
accident
567
-
3 411
-
unemployment
832
-
5 005
-
total
6 920
-
19 226
-
Corporate
182 625
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.

164 362
201 150
-
-
total
164 362
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
187 121
205 397
100 319
70 898
After tax
36 379
18 103
123 181
152 602
Living cost
21 586
21 586
21 586
21 586
Free-cash
14 793
-3 483
101 595
131 016

Estimated living cost  is ₽21586 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203832
₽202240
₽212772
₽170307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 616
-
223 500
-
income
2 123
-
44 700
-
total
2 123
-
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%.

212 884
223 500
-
-
total
-
-
-
-
Dividends
212 884
223 500
-
-
withholding
10 644
11 175
-
-
total
10 644
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 767
11 175
44 700
2 235
After tax
210 733
212 325
178 800
221 265
Living cost
8 493
8 493
8 493
8 493
Free-cash
202 240
203 832
170 307
212 772

Estimated living cost  is ₽8493 per week

₽5263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137857
₽131178
₽108074
₽106229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
39 228
health
-
-
-
6 617
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.

-
-
-
36 090
other
-
-
-
7 142
total
-
-
-
89 077
Employee
35 905
-
185 327
-
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.

2 513
-
10 526
-
unemployment
358
-
1 503
-
income
6 181
-
38 614
-
health
503
-
2 106
-
total
9 555
-
52 749
-
Employer
35 905
-
185 327
-
health
503
-
2 106
-
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.

6 104
-
25 564
-
accident
287
-
1 482
-
other
1 796
-
7 518
-
unemployment
358
-
1 503
-
total
9 048
-
38 173
-
Corporate
178 546
223 500
-
-
income
37 496
46 935
-
-
total
37 496
46 935
-
-
Dividends
141 051
176 565
-
-
withholding
9 874
12 359
-
-
total
9 874
12 359
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 973
59 294
90 922
89 077
After tax
157 527
164 206
132 578
134 423
Living cost
26 349
26 349
26 349
26 349
Free-cash
131 178
137 857
106 229
108 074

Estimated living cost  is ₽26349 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
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.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74502
₽82523
₽77981
₽58019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 978
pensions
-
-
-
9 923
total
-
-
-
78 901
Employee
94 255
-
194 795
-
pensions
9 093
-
11 853
-
income
16 990
-
55 668
-
health
1 553
-
2 637
-
total
27 636
-
70 158
-
Employer
94 255
-
194 795
-
health
1 790
-
3 701
-
pensions
11 129
-
25 004
-
total
12 919
-
28 705
-
Corporate
116 326
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.

22 102
42 464
-
-
total
22 102
42 464
-
-
Dividends
94 224
181 036
-
-
withholding
11 702
39 916
-
-
total
11 702
39 916
-
-
Income
223 500
223 500
223 500
223 500
Total tax
74 359
82 380
98 863
78 901
After tax
149 141
141 120
124 637
144 599
Living cost
66 618
66 618
66 618
66 618
Free-cash
82 523
74 502
58 019
77 981

Estimated living cost  is ₽66618 per week

₽49918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178049
₽173428
₽167653
₽176938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
33 525
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
42 803
Employee
17 272
-
216 682
-
pensions

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

1 516
-
3 051
-
income
1 727
-
21 668
-
health
794
-
1 599
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 227
-
26 700
-
Employer
17 272
-
216 682
-
health
1 192
-
2 398
-
pensions

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

1 904
-
3 829
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 389
-
6 818
-
Corporate
202 839
223 500
-
-
income
20 284
22 350
-
-
total
20 284
22 350
-
-
Dividends
182 555
201 150
-
-
withholding
9 128
10 057
-
-
total
9 128
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
37 028
32 407
33 518
42 803
After tax
186 472
191 093
189 982
180 697
Living cost
13 044
13 044
13 044
13 044
Free-cash
173 428
178 049
176 938
167 653

Estimated living cost  is ₽13044 per week

₽7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56556
₽59042
₽65125
₽88104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 761
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
103 541
Employee
91 680
84 445
205 123
-
pensions
11 586
11 586
11 586
-
income

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

13 822
13 822
38 405
-
health
11 438
11 025
12 194
-
total
36 846
36 433
62 185
-
Employer
91 680
84 445
205 123
-
health
6 371
5 870
7 294
-
pensions
6 380
5 877
7 305
-
unemployment
3 301
3 040
3 778
-
total
16 052
14 787
18 377
-
Corporate
115 767
124 267
-
-
income
23 153
24 853
-
-
total
23 153
24 853
-
-
Dividends
92 614
99 414
-
-
income
19 681
21 124
-
-
withholding
13 892
14 913
-
-
total
33 573
36 037
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 624
112 110
80 562
103 541
After tax
113 876
111 390
142 938
119 959
Living cost
54 834
54 834
54 834
54 834
Free-cash
59 042
56 556
88 104
65 125

Estimated living cost  is ₽54834 per week

₽40449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4898
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.
₽8859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129256
₽120470
₽107028
₽97286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 559
income
-
-
-
23 684
health
-
-
-
30 172
social contributions
-
-
-
35 433
total
-
-
-
91 848
Employee
36 211
-
177 214
-
social contributions
2 354
-
7 887
-
income
4 345
-
21 810
-
solidarity contribution
-
-
1 684
-
health
4 889
-
23 924
-
total
11 588
-
55 305
-
Employer
36 211
-
177 214
-
social contributions
9 053
-
30 336
-
health
3 259
-
15 949
-
total
12 312
-
46 285
-
Corporate
174 977
223 500
-
-
income
33 246
42 465
-
-
total
33 246
42 465
-
-
Dividends
141 731
181 035
-
-
withholding
21 260
27 155
-
-
total
21 260
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 406
69 620
101 590
91 848
After tax
145 094
153 880
121 910
131 652
Living cost
24 624
24 624
24 624
24 624
Free-cash
120 470
129 256
97 286
107 028

Estimated living cost  is ₽24624 per week

₽17104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77518
₽72357
₽66052
₽57667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 392
national
-
-
-
62 007
regional
-
-
-
2 830
social contributions
-
-
-
49 492
total
-
-
-
115 721
Employee
87 884
-
223 500
-
national
15 228
-
55 387
-
social contributions
29 635
-
64 886
-
municipal
465
-
1 269
-
regional
829
-
2 564
-
total
46 157
-
124 106
-
Employer
87 884
-
223 500
-
total
-
-
-
-
Corporate
135 616
223 500
-
-
municipal
5 288
8 717
-
-
nationa
32 547
53 640
-
-
total
37 835
62 357
-
-
Dividends
97 780
161 144
-
-
withholding
25 424
41 898
-
-
total
25 424
41 898
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 416
104 255
124 106
115 721
After tax
114 084
119 245
99 394
107 779
Living cost
41 727
41 727
41 727
41 727
Free-cash
72 357
77 518
57 667
66 052

Estimated living cost  is ₽41727 per week

₽29087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
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.
₽9263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118761
₽115682
₽83290
₽77243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
70 493
health
-
-
-
9 370
surtax
-
-
-
11 905
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
118 389
Employee
32 701
-
195 719
-
pensions
2 181
-
8 803
-
unemployment
2 276
-
9 186
-
income
5 481
-
64 578
-
other
-
-
-
-
surtax
107
-
10 723
-
health
835
-
3 365
-
total
10 880
-
96 655
-
Employer
32 701
-
195 719
-
health
1 488
-
6 005
-
pensions
4 359
-
17 593
-
other
-
-
-
-
unemployment
1 036
-
4 183
-
total
6 883
-
27 781
-
Corporate
183 916
223 500
-
-
income
47 819
58 110
-
-
total
47 819
58 110
-
-
Dividends
136 097
165 390
-
-
withholding
20 415
24 808
-
-
total
20 415
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 997
82 918
124 436
118 389
After tax
137 503
140 582
99 064
105 111
Living cost
21 821
21 821
21 821
21 821
Free-cash
115 682
118 761
77 243
83 290

Estimated living cost  is ₽21821 per week

₽13342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
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.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95608
₽102189
₽99087
₽79125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 978
pensions
-
-
-
9 923
total
-
-
-
78 901
Employee
63 167
-
194 795
-
pensions
5 361
-
11 853
-
income
11 377
-
55 668
-
health
917
-
2 637
-
total
17 655
-
70 158
-
Employer
63 167
-
194 795
-
health
1 200
-
3 701
-
pensions
6 838
-
25 004
-
total
8 038
-
28 705
-
Corporate
152 295
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.

28 935
42 464
-
-
total
28 935
42 464
-
-
Dividends
123 360
181 036
-
-
withholding
21 171
39 916
-
-
total
21 171
39 916
-
-
Income
223 500
223 500
223 500
223 500
Total tax
75 799
82 380
98 863
78 901
After tax
147 701
141 120
124 637
144 599
Living cost
45 512
45 512
45 512
45 512
Free-cash
102 189
95 608
79 125
99 087

Estimated living cost  is ₽45512 per week

₽34097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24787
₽57908
₽100094
₽91793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 356
national
-
-
-
5 658
regional
-
-
-
12 441
health
-
-
-
503
pensions
-
-
-
20 563
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
-
-
-
45 991
Employee
90 595
-
201 074
-
national
429
-
4 648
-
city
972
-
2 173
-
pensions
7 611
-
15 739
-
unemployment
-
-
-
-
health
205
-
453
-
regional
2 967
-
11 065
-
total
12 184
-
34 078
-
Employer
90 595
-
201 074
-
health
205
-
453
-
pensions
7 611
-
15 739
-
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.

1 811
-
4 022
-
unemployment
-
-
-
-
total
9 627
-
20 214
-
Corporate
122 281
223 500
-
-
national
10 395
18 998
-
-
regional
25 862
47 270
-
-
total
36 257
66 268
-
-
Dividends
86 025
157 232
-
-
withholding
30 109
55 030
-
-
total
30 109
55 030
-
-
Income
223 500
223 500
223 500
223 500
Total tax
88 177
121 298
54 292
45 991
After tax
135 323
102 202
169 208
177 509
Living cost
77 415
77 415
77 415
77 415
Free-cash
57 908
24 787
91 793
100 094

Estimated living cost  is ₽77415 per week

₽50342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65045
₽81080
₽62345
₽92790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 445
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.

-
-
-
74 554
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.

-
-
-
6 756
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
-
-
-
115 855
Employee

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

59 429
-
223 500
-
income

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

6 988
-
74 554
-
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
-
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.

6 756
-
6 756
-
total
14 129
-
85 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 071
223 500
-
-
income
24 611
33 525
-
-
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.

1 353
1 845
-
-
trade
28 139
38 331
-
-
chamber of commerce
381
465
-
-
total
54 484
74 166
-
-
Dividends
109 587
149 335
-
-
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
-
-
withholding
27 021
36 957
-
-
total
28 507
38 989
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 120
113 155
85 410
115 855
After tax
126 380
110 345
138 090
107 645
Living cost
45 300
45 300
45 300
45 300
Free-cash
81 080
65 045
92 790
62 345

Estimated living cost  is ₽45300 per week

₽33086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78814
₽84653
₽88382
₽81765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 850
health
-
-
-
10 989
surtax
-
-
-
-
pensions
-
-
-
35 152
other
-
-
-
6 928
social contributions
-
-
-
6 367
total
-
-
-
101 286
Employee
42 322
-
170 433
-
pensions
4 785
-
12 905
-
social contributions
1 207
-
4 857
-
income
2 498
-
37 073
-
surtax
-
-
-
-
total
8 490
-
54 835
-
Employer
42 322
-
170 433
-
social contributions
128
-
510
-
health
2 963
-
17 018
-
pensions
6 953
-
21 540
-
other
1 460
-
7 098
-
unemployment
1 713
-
6 902
-
total
13 217
-
53 068
-
Corporate
167 961
223 500
-
-
income
47 028
62 580
-
-
surtax
-
-
-
-
total
47 028
62 580
-
-
Dividends
120 933
160 920
-
-
social contributions
20 800
27 677
-
-
surtax
-
-
-
-
withholding
15 480
20 597
-
-
total
36 280
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 015
110 854
107 903
101 286
After tax
118 485
112 646
115 597
122 214
Living cost
33 832
33 832
33 832
33 832
Free-cash
84 653
78 814
81 765
88 382

Estimated living cost  is ₽33832 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82166
₽87656
₽91734
₽85117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 850
health
-
-
-
10 989
surtax
-
-
-
-
pensions
-
-
-
35 152
other
-
-
-
6 928
social contributions
-
-
-
6 367
total
-
-
-
101 286
Employee
37 778
-
170 433
-
pensions
4 273
-
12 905
-
social contributions
1 077
-
4 857
-
income
1 948
-
37 073
-
surtax
-
-
-
-
total
7 298
-
54 835
-
Employer
37 778
-
170 433
-
social contributions
113
-
510
-
health
2 644
-
17 018
-
pensions
6 208
-
21 540
-
other
1 304
-
7 098
-
unemployment
1 529
-
6 902
-
total
11 798
-
53 068
-
Corporate
173 924
223 500
-
-
income
48 699
62 580
-
-
surtax
-
-
-
-
total
48 699
62 580
-
-
Dividends
125 225
160 920
-
-
social contributions
21 539
27 677
-
-
surtax
-
-
-
-
withholding
16 030
20 597
-
-
total
37 569
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 364
110 854
107 903
101 286
After tax
118 136
112 646
115 597
122 214
Living cost
30 480
30 480
30 480
30 480
Free-cash
87 656
82 166
85 117
91 734

Estimated living cost  is ₽30480 per week

₽17677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
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.
₽9129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115385
₽115898
₽122563
₽116506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
health
-
-
-
15 600
social contributions
-
-
-
30 843
total
-
-
-
79 968
Employee
33 528
-
223 500
-
social contributions
4 628
-
30 843
-
income
5 592
-
39 582
-
health
2 340
-
15 600
-
total
12 560
-
86 025
-
Employer
33 528
-
223 500
-
total
-
-
-
-
Corporate
189 972
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%.

9 499
11 175
-
-
total
9 499
11 175
-
-
Dividends
180 472
212 325
-
-
social contributions
24 906
29 301
-
-
health
12 597
14 821
-
-
withholding
27 071
31 849
-
-
total
64 574
75 971
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 633
87 146
86 025
79 968
After tax
136 867
136 354
137 475
143 532
Living cost
20 969
20 969
20 969
20 969
Free-cash
115 898
115 385
116 506
122 563

Estimated living cost  is ₽20969 per week

₽14033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88348
₽86818
₽79638
₽23740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 065
income
-
-
-
71 656
chamber of commerce
-
-
-
893
health
-
-
-
8 837
surtax
-
-
-
195
pensions
-
-
-
21 372
total
-
-
-
109 018
Employee
49 419
39 408
184 987
-
pensions
5 061
4 035
11 830
-
unemployment
1 482
1 182
3 466
-
income
5 626
2 907
60 174
-
other
494
394
1 156
-
health
1 912
1 526
4 470
-
total
14 575
10 044
81 096
-
Employer
49 419
39 408
184 987
-
chamber of commerce
197
158
739
-
health
1 867
1 490
4 367
-
payroll
1 482
1 182
5 549
-
pensions
6 202
4 947
14 498
-
surtax
195
195
195
-
accident
642
512
1 501
-
other
2 348
1 871
8 197
-
unemployment
1 482
1 182
3 466
-
total
14 415
11 537
38 512
-
Corporate
159 665
172 555
181 234
-
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.

39 916
43 138
45 308
-
total
39 916
43 138
45 308
-
Dividends
119 749
129 417
-
-
withholding
32 932
35 589
-
-
total
32 932
35 589
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 838
100 308
164 916
109 018
After tax
121 662
123 192
58 584
114 482
Living cost
34 844
34 844
34 844
34 844
Free-cash
86 818
88 348
23 740
79 638

Estimated living cost  is ₽34844 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86537
₽74008
₽61160
₽39883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
89 700
communal

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

-
-
-
11 931
social contributions
-
-
-
24 654
total
-
-
-
126 285
Employee

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

70 734
-
173 107
-
national
21 747
-
65 516
-
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.

5 305
-
12 984
-
communal

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

3 689
-
9 028
-
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
-
1 507
-
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.

3 323
-
8 137
-
total
34 680
-
97 172
-
Employer

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

70 734
-
173 107
-
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.

4 350
-
10 646
-
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.

6 268
-
15 337
-
surtax
8 020
-
19 629
-
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
-
2 250
-
unemployment

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

1 032
-
2 528
-
total
20 590
-
50 390
-
Corporate
132 176
223 500
-
-
income
26 435
47 925
-
-
surtax
529
959
-
-
total
26 964
48 884
-
-
Dividends
105 212
174 616
-
-
withholding

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

31 203
52 024
-
-
total
31 203
52 024
-
-
Income
223 500
223 500
223 500
223 500
Total tax
113 437
100 908
147 562
126 285
After tax
110 063
122 592
75 938
97 215
Living cost
36 055
36 055
36 055
36 055
Free-cash
74 008
86 537
39 883
61 160

Estimated living cost  is ₽36055 per week

₽23224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112671
₽105895
₽89162
₽85012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
71 128
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
98 626
Employee
49 223
-
194 280
-
pensions
2 314
-
4 309
-
unemployment
764
-
1 421
-
income
10 386
-
67 734
-
other
49
-
92
-
total
13 513
-
73 556
-
Employer
49 223
-
194 280
-
pensions
11 616
-
21 631
-
accident
974
-
1 815
-
other
392
-
734
-
unemployment
2 708
-
5 040
-
total
15 690
-
29 220
-
Corporate
158 587
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.

23 787
33 525
-
-
total
23 787
33 525
-
-
Dividends
134 799
189 975
-
-
withholding
28 903
41 592
-
-
total
28 903
41 592
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 893
75 117
102 776
98 626
After tax
141 607
148 383
120 724
124 874
Living cost
35 712
35 712
35 712
35 712
Free-cash
105 895
112 671
85 012
89 162

Estimated living cost  is ₽35712 per week

₽26298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72738
₽59139
₽51241
₽60151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
1 884
income
-
-
-
42 229
communal
-
-
-
14 125
health
-
-
-
15 703
surtax
-
-
-
11 079
pensions
-
-
-
33 500
total
-
-
-
118 520
Employee
74 886
-
199 643
-
pensions
5 990
-
15 971
-
income
7 233
-
48 664
-
surtax
4 590
-
12 235
-
health
3 333
-
8 884
-
total
21 146
-
85 754
-
Employer
74 886
-
199 643
-
health
2 284
-
6 089
-
pensions
5 990
-
15 971
-
accident
674
-
1 796
-
total
8 948
-
23 856
-
Corporate
139 666
223 500
-
-
income
20 950
33 525
-
-
surtax
1 466
2 348
-
-
communal
9 428
15 086
-
-
total
31 844
50 959
-
-
Dividends
107 823
172 542
-
-
income
32 510
20 182
-
-
withholding
16 174
25 882
-
-
total
48 684
46 064
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 622
97 023
109 610
118 520
After tax
112 878
126 477
113 890
104 980
Living cost
53 739
53 739
53 739
53 739
Free-cash
59 139
72 738
60 151
51 241

Estimated living cost  is ₽53739 per week

₽40312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118371
₽115224
₽82900
₽76853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
70 493
health
-
-
-
9 370
surtax
-
-
-
11 905
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
118 389
Employee
33 302
-
195 719
-
pensions
2 222
-
8 803
-
unemployment
2 318
-
9 186
-
income
5 583
-
64 578
-
other
-
-
-
-
surtax
118
-
10 723
-
health
850
-
3 365
-
total
11 091
-
96 655
-
Employer
33 302
-
195 719
-
health
1 514
-
6 005
-
pensions
4 440
-
17 593
-
other
-
-
-
-
unemployment
1 057
-
4 183
-
total
7 011
-
27 781
-
Corporate
183 188
223 500
-
-
income
47 629
58 110
-
-
total
47 629
58 110
-
-
Dividends
135 559
165 390
-
-
withholding
20 334
24 808
-
-
total
20 334
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 065
82 918
124 436
118 389
After tax
137 435
140 582
99 064
105 111
Living cost
22 211
22 211
22 211
22 211
Free-cash
115 224
118 371
76 853
82 900

Estimated living cost  is ₽22211 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
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.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90840
₽88642
₽80438
₽72101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 392
national
-
-
-
62 007
regional
-
-
-
3 533
social contributions
-
-
-
49 492
total
-
-
-
116 424
Employee
54 854
-
223 500
-
national
8 690
-
55 387
-
social contributions
18 497
-
64 886
-
municipal
291
-
1 269
-
regional
738
-
3 219
-
total
28 216
-
124 761
-
Employer
54 854
-
223 500
-
total
-
-
-
-
Corporate
168 646
223 500
-
-
municipal
8 383
11 107
-
-
nationa
40 476
53 640
-
-
total
48 859
64 747
-
-
Dividends
119 788
158 753
-
-
withholding
31 145
41 275
-
-
total
31 145
41 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 220
106 022
124 761
116 424
After tax
115 280
117 478
98 739
107 076
Living cost
26 638
26 638
26 638
26 638
Free-cash
88 642
90 840
72 101
80 438

Estimated living cost  is ₽26638 per week

₽16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
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.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123537
₽112712
₽101309
₽91567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 559
income
-
-
-
23 684
health
-
-
-
30 172
social contributions
-
-
-
35 433
total
-
-
-
91 848
Employee
44 622
-
177 214
-
social contributions
2 900
-
7 887
-
income
5 355
-
21 810
-
solidarity contribution
-
-
1 684
-
health
6 024
-
23 924
-
total
14 279
-
55 305
-
Employer
44 622
-
177 214
-
social contributions
11 156
-
30 336
-
health
4 016
-
15 949
-
total
15 172
-
46 285
-
Corporate
163 707
223 500
-
-
income
31 104
42 465
-
-
total
31 104
42 465
-
-
Dividends
132 602
181 035
-
-
withholding
19 890
27 155
-
-
total
19 890
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 445
69 620
101 590
91 848
After tax
143 055
153 880
121 910
131 652
Living cost
30 343
30 343
30 343
30 343
Free-cash
112 712
123 537
91 567
101 309

Estimated living cost  is ₽30343 per week

₽22565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91749
₽91260
₽83129
₽27085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 065
income
-
-
-
71 656
chamber of commerce
-
-
-
893
health
-
-
-
8 837
surtax
-
-
-
-
pensions
-
-
-
21 372
total
-
-
-
108 823
Employee
43 226
39 408
185 169
-
pensions
4 427
4 035
11 830
-
unemployment
1 297
1 182
3 466
-
income
3 851
2 907
60 260
-
other
432
394
1 156
-
health
1 672
1 526
4 470
-
total
11 679
10 044
81 182
-
Employer
43 226
39 408
185 169
-
chamber of commerce
173
158
741
-
health
1 634
1 490
4 367
-
payroll
1 297
1 182
5 555
-
pensions
5 425
4 947
14 498
-
surtax
-
-
-
-
accident
561
512
1 501
-
other
2 053
1 871
8 202
-
unemployment
1 297
1 182
3 466
-
total
12 440
11 342
38 330
-
Corporate
167 834
172 750
181 416
-
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.

41 958
43 187
45 355
-
total
41 958
43 187
45 355
-
Dividends
125 876
129 563
-
-
withholding
34 615
35 630
-
-
total
34 615
35 630
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 692
100 203
164 867
108 823
After tax
122 808
123 297
58 633
114 677
Living cost
31 548
31 548
31 548
31 548
Free-cash
91 260
91 749
27 085
83 129

Estimated living cost  is ₽31548 per week

₽18925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
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.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199091
₽196609
₽208031
₽165566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 543
-
223 500
-
income
3 309
-
44 700
-
total
3 309
-
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%.

206 957
223 500
-
-
total
-
-
-
-
Dividends
206 957
223 500
-
-
withholding
10 348
11 175
-
-
total
10 348
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 657
11 175
44 700
2 235
After tax
209 843
212 325
178 800
221 265
Living cost
13 234
13 234
13 234
13 234
Free-cash
196 609
199 091
165 566
208 031

Estimated living cost  is ₽13234 per week

₽8956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127355
₽119086
₽77129
₽72279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
336
income
-
-
-
56 701
health
-
-
-
21 993
pensions
-
-
-
40 817
total
-
-
-
119 847
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.

43 728
-
193 391
-
pensions
6 778
-
29 976
-
unemployment
62
-
270
-
income
7 541
-
51 850
-
health
2 824
-
12 492
-
total
17 205
-
94 588
-
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.

43 728
-
193 391
-
health
2 912
-
12 879
-
pensions
3 869
-
17 114
-
unemployment
26
-
116
-
total
6 807
-
30 109
-
Corporate
172 964
223 500
-
-
income
32 862
42 465
-
-
total
32 862
42 465
-
-
Dividends
140 102
181 035
-
-
withholding
21 016
27 156
-
-
total
21 016
27 156
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 890
69 621
124 697
119 847
After tax
145 610
153 879
98 803
103 653
Living cost
26 524
26 524
26 524
26 524
Free-cash
119 086
127 355
72 279
77 129

Estimated living cost  is ₽26524 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89377
₽38006
₽107856
₽162692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 565
social contributions
-
-
-
25 479
total
-
-
-
69 044
Employee
66 817
-
-
-
social contributions
5 479
-
781
-
income
14 739
-
-
-
total
20 218
-
781
-
Employer
66 817
-
-
-
social contributions
94 212
-
13 427
-
total
94 212
-
13 427
-
Corporate
62 471
223 500
-
-
income
13 744
49 170
-
-
total
13 744
49 170
-
-
Dividends
48 727
174 330
-
-
income
10 720
38 353
-
-
total
10 720
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
138 894
87 523
14 208
69 044
After tax
84 606
135 977
209 292
154 456
Living cost
46 600
46 600
46 600
46 600
Free-cash
38 006
89 377
162 692
107 856

Estimated living cost  is ₽46600 per week

₽30236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96109
₽95113
₽85512
₽68019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
223 500
income
-
-
-
29 303
surtax
-
-
-
-
social contributions

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

-
-
-
77 667
total
-
-
-
106 970
Employee
45 480
-
180 606
-
social contributions
5 003
-
19 867
-
income
9 460
-
61 437
-
surtax
-
-
265
-
total
14 463
-
81 569
-
Employer
45 480
-
180 606
-
social contributions
10 801
-
42 894
-
total
10 801
-
42 894
-
Corporate
167 218
223 500
-
-
income
35 116
46 935
-
-
surtax
-
-
-
-
total
35 116
46 935
-
-
Dividends
132 102
176 565
-
-
withholding
36 989
49 438
-
-
total
36 989
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 369
96 373
124 463
106 970
After tax
126 131
127 127
99 037
116 530
Living cost
31 018
31 018
31 018
31 018
Free-cash
95 113
96 109
68 019
85 512

Estimated living cost  is ₽31018 per week

₽23207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
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.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64885
₽71679
₽74453
₽67836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 850
health
-
-
-
10 989
surtax
-
-
-
-
pensions
-
-
-
35 152
other
-
-
-
6 928
social contributions
-
-
-
6 367
total
-
-
-
101 286
Employee
61 935
-
170 433
-
pensions
7 005
-
12 905
-
social contributions
1 764
-
4 857
-
income
5 404
-
37 073
-
surtax
-
-
-
-
total
14 173
-
54 835
-
Employer
61 935
-
170 433
-
social contributions
186
-
510
-
health
4 335
-
17 018
-
pensions
10 177
-
21 540
-
other
2 137
-
7 098
-
unemployment
2 509
-
6 902
-
total
19 344
-
53 068
-
Corporate
142 222
223 500
-
-
income
39 822
62 580
-
-
surtax
-
-
-
-
total
39 822
62 580
-
-
Dividends
102 399
160 920
-
-
social contributions
17 613
27 677
-
-
surtax
-
-
-
-
withholding
13 108
20 597
-
-
total
30 721
48 274
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 060
110 854
107 903
101 286
After tax
119 440
112 646
115 597
122 214
Living cost
47 761
47 761
47 761
47 761
Free-cash
71 679
64 885
67 836
74 453

Estimated living cost  is ₽47761 per week

₽32324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
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.
₽10875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171425
₽168104
₽133177
₽139116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 428
social contributions
-
-
-
49 170
total
-
-
-
60 598
Employee
31 791
-
193 507
-
social contributions
2 066
-
12 579
-
income
-
-
12 087
-
total
2 066
-
24 666
-
Employer
31 791
-
193 507
-
social contributions
4 928
-
29 993
-
total
4 928
-
29 993
-
Corporate
186 781
223 500
-
-
income
18 677
22 350
-
-
total
18 677
22 350
-
-
Dividends
168 104
201 150
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 671
22 350
54 659
60 598
After tax
197 829
201 150
168 841
162 902
Living cost
29 725
29 725
29 725
29 725
Free-cash
168 104
171 425
139 116
133 177

Estimated living cost  is ₽29725 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8465
₽4820
₽81414
₽8465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
48 031
national
-
-
-
27 856
labour market
-
-
-
17 812
pensions
-
-
-
855
total
-
-
-
94 554
Employee
200 620
200 620
200 620
-
national
24 509
24 509
24 509
-
pensions
285
285
285
-
municipal
42 721
42 721
42 721
-
labour market
16 027
16 027
16 027
-
total
83 542
83 542
83 542
-
Employer
200 620
200 620
200 620
-
municipal
42 789
42 789
42 789
-
labour market
16 050
16 050
16 050
-
national
24 552
24 552
24 552
-
pensions
570
570
570
-
total
83 961
83 961
83 961
-
Corporate
8 465
-
-
-
income
1 862
-
-
-
total
1 862
-
-
-
Dividends
6 603
-
-
-
withholding
1 783
-
-
-
total
1 783
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
171 148
167 503
167 503
94 554
After tax
52 352
55 997
55 997
128 946
Living cost
47 532
47 532
47 532
47 532
Free-cash
4 820
8 465
8 465
81 414

Estimated living cost  is ₽47532 per week

₽32531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3164
₽14841
₽131335
₽101914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
248
income
-
-
-
64 064
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
70 898
Employee
33 455
-
204 274
-
pensions
3 767
-
7 486
-
income
4 590
-
50 218
-
health
3 831
-
23 389
-
total
12 188
-
81 093
-
Employer
33 455
-
204 274
-
pensions
5 440
-
10 810
-
accident
559
-
3 411
-
unemployment
820
-
5 005
-
total
6 819
-
19 226
-
Corporate
183 227
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.

164 904
201 150
-
-
total
164 904
201 150
-
-
Dividends
18 323
22 350
-
-
withholding
3 481
4 247
-
-
total
3 481
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 392
205 397
100 319
70 898
After tax
36 108
18 103
123 181
152 602
Living cost
21 267
21 267
21 267
21 267
Free-cash
14 841
-3 164
101 914
131 335

Estimated living cost  is ₽21267 per week

₽15480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99020
₽102076
₽99024
₽73424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
39 686
national
-
-
-
43 796
health
-
-
-
3 029
total
-
-
-
86 511
Employee
52 026
-
188 020
-
national
859
-
28 033
-
pensions
3 511
-
12 691
-
unemployment
781
-
2 820
-
municipal
8 521
-
30 605
-
health
388
-
2 483
-
total
14 060
-
76 632
-
Employer
52 026
-
188 020
-
health
400
-
1 447
-
pensions
9 026
-
32 622
-
accident
53
-
188
-
unemployment
338
-
1 222
-
total
9 817
-
35 479
-
Corporate
161 657
223 500
-
-
income
32 331
44 700
-
-
total
32 331
44 700
-
-
Dividends

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

96 995
134 100
-
-
municipal
17 460
24 138
-
-
national
9 791
17 677
-
-
total
27 251
41 815
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 459
86 515
112 111
86 511
After tax
140 041
136 985
111 389
136 989
Living cost
37 965
37 965
37 965
37 965
Free-cash
102 076
99 020
73 424
99 024

Estimated living cost  is ₽37965 per week

₽24799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139990
₽134609
₽127398
₽125565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 508
health
-
-
-
5 699
social contributions
-
-
-
16 000
total
-
-
-
73 207
Employee
76 039
76 039
211 083
-
social contributions
2 875
6 311
8 512
-
income
8 279
7 039
50 523
-
health
589
1 293
3 588
-
total
11 743
14 643
62 623
-
Employer
76 039
76 039
211 083
-
social contributions
2 875
6 311
8 512
-
health
640
1 407
3 905
-
total
3 515
7 718
12 417
-
Corporate
185 347
139 743
-
-
income
23 168
17 467
-
-
total
23 168
17 467
-
-
Dividends
162 179
122 276
-
-
withholding
27 570
20 787
-
-
total
27 570
20 787
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 996
60 615
75 040
73 207
After tax
157 504
162 885
148 460
150 293
Living cost
22 895
22 895
22 895
22 895
Free-cash
134 609
139 990
125 565
127 398

Estimated living cost  is ₽22895 per week

₽13721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
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.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169381
₽164349
₽174755
₽154922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
23 148
health
-
-
-
3 579
pensions
-
-
-
6 290
total
-
-
-
33 045
Employee

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

22 698
-
213 836
-
pensions
3 404
-
14 074
-
unemployment
113
-
469
-
income
1 552
-
20 695
-
health
1 929
-
7 975
-
total
6 998
-
43 213
-
Employer

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

22 698
-
213 836
-
health
976
-
4 035
-
pensions
1 248
-
5 161
-
unemployment
113
-
469
-
total
2 337
-
9 665
-
Corporate
198 466
223 500
-
-
income
17 861
20 115
-
-
total
17 861
20 115
-
-
Dividends
180 605
203 385
-
-
withholding
16 255
18 304
-
-
total
16 255
18 304
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 451
38 419
52 878
33 045
After tax
180 049
185 081
170 622
190 455
Living cost
15 700
15 700
15 700
15 700
Free-cash
164 349
169 381
154 922
174 755

Estimated living cost  is ₽15700 per week

₽10017
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121190
₽116823
₽97681
₽93531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
71 128
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
98 626
Employee
36 564
-
194 280
-
pensions
1 719
-
4 309
-
unemployment
567
-
1 421
-
income
7 049
-
67 734
-
other
36
-
92
-
total
9 371
-
73 556
-
Employer
36 564
-
194 280
-
pensions
8 628
-
21 631
-
accident
724
-
1 815
-
other
293
-
734
-
unemployment
2 012
-
5 040
-
total
11 657
-
29 220
-
Corporate
175 279
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.

26 292
33 525
-
-
total
26 292
33 525
-
-
Dividends
148 986
189 975
-
-
withholding
32 164
41 592
-
-
total
32 164
41 592
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 484
75 117
102 776
98 626
After tax
144 016
148 383
120 724
124 874
Living cost
27 193
27 193
27 193
27 193
Free-cash
116 823
121 190
93 531
97 681

Estimated living cost  is ₽27193 per week

₽18355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137791
₽137518
₽142619
₽142501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 102
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
79 208
Employee
2 549
-
222 127
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
77 038
-
health
127
-
305
-
total
874
-
77 953
-
Employer
2 549
-
222 127
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
220 378
223 500
-
-
income
48 483
49 170
-
-
total
48 483
49 170
-
-
Dividends
171 895
174 330
-
-
withholding
34 379
34 866
-
-
total
34 379
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 309
84 036
79 326
79 208
After tax
139 191
139 464
144 174
144 292
Living cost
1 673
1 673
1 673
1 673
Free-cash
137 518
137 791
142 501
142 619

Estimated living cost  is ₽1673 per week

₽994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144400
₽139541
₽127082
₽127083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 095
income
-
-
-
51 750
health
-
-
-
7 518
pensions
-
-
-
18 976
total
-
-
-
79 339
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.

25 754
-
210 436
-
pensions
3 606
-
10 218
-
unemployment
193
-
547
-
income
3 550
-
51 750
-
health
1 326
-
3 759
-
total
8 675
-
66 274
-
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.

25 754
-
210 436
-
health
1 326
-
3 759
-
pensions
3 091
-
8 758
-
unemployment
193
-
547
-
total
4 610
-
13 064
-
Corporate
193 136
223 500
-
-
income
28 970
33 525
-
-
total
28 970
33 525
-
-
Dividends
164 165
189 975
-
-
withholding
24 625
28 496
-
-
total
24 625
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 880
62 021
79 338
79 339
After tax
156 620
161 479
144 162
144 161
Living cost
17 079
17 079
17 079
17 079
Free-cash
139 541
144 400
127 083
127 082

Estimated living cost  is ₽17079 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100468
₽100112
₽89871
₽72378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
223 500
income
-
-
-
29 303
surtax
-
-
-
-
social contributions

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

-
-
-
77 667
total
-
-
-
106 970
Employee
38 380
-
180 606
-
social contributions
4 222
-
19 867
-
income
7 499
-
61 437
-
surtax
-
-
265
-
total
11 721
-
81 569
-
Employer
38 380
-
180 606
-
social contributions
9 114
-
42 894
-
total
9 114
-
42 894
-
Corporate
176 005
223 500
-
-
income
36 961
46 935
-
-
surtax
-
-
-
-
total
36 961
46 935
-
-
Dividends
139 045
176 565
-
-
withholding
38 933
49 438
-
-
total
38 933
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 729
96 373
124 463
106 970
After tax
126 771
127 127
99 037
116 530
Living cost
26 659
26 659
26 659
26 659
Free-cash
100 112
100 468
72 378
89 871

Estimated living cost  is ₽26659 per week

₽18882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
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.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113630
₽107159
₽90121
₽85971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
71 128
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
98 626
Employee
47 758
-
194 280
-
pensions
2 244
-
4 309
-
unemployment
739
-
1 421
-
income
9 975
-
67 734
-
other
47
-
92
-
total
13 005
-
73 556
-
Employer
47 758
-
194 280
-
pensions
11 271
-
21 631
-
accident
946
-
1 815
-
other
383
-
734
-
unemployment
2 627
-
5 040
-
total
15 227
-
29 220
-
Corporate
160 516
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.

24 078
33 525
-
-
total
24 078
33 525
-
-
Dividends
136 438
189 975
-
-
withholding
29 278
41 592
-
-
total
29 278
41 592
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 588
75 117
102 776
98 626
After tax
141 912
148 383
120 724
124 874
Living cost
34 753
34 753
34 753
34 753
Free-cash
107 159
113 630
85 971
90 121

Estimated living cost  is ₽34753 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
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.
₽6604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173979
₽167916
₽163583
₽172868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
33 525
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
42 803
Employee
22 661
-
216 682
-
pensions

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

1 989
-
3 051
-
income
2 267
-
21 668
-
health
1 043
-
1 599
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 548
-
26 700
-
Employer
22 661
-
216 682
-
health
1 564
-
2 398
-
pensions

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

2 497
-
3 829
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 446
-
6 818
-
Corporate
196 393
223 500
-
-
income
19 639
22 350
-
-
total
19 639
22 350
-
-
Dividends
176 754
201 150
-
-
withholding
8 837
10 057
-
-
total
8 837
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 470
32 407
33 518
42 803
After tax
185 030
191 093
189 982
180 697
Living cost
17 114
17 114
17 114
17 114
Free-cash
167 916
173 979
172 868
163 583

Estimated living cost  is ₽17114 per week

₽11319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76765
₽89703
₽74439
₽99913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
25 474
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.

-
-
-
74 554
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.

-
-
-
6 756
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
-
-
-
110 884
Employee

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

49 202
-
223 500
-
income

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

4 046
-
74 554
-
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
-
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.

6 756
-
6 756
-
total
11 025
-
85 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 298
223 500
-
-
income
26 144
33 525
-
-
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
1 845
-
-
trade
25 011
32 072
-
-
chamber of commerce
405
479
-
-
total
52 997
67 921
-
-
Dividends
121 300
155 580
-
-
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.

1 648
2 119
-
-
withholding
29 950
38 518
-
-
total
31 598
40 637
-
-
Income
223 500
223 500
223 500
223 500
Total tax
95 620
108 558
85 410
110 884
After tax
127 880
114 942
138 090
112 616
Living cost
38 177
38 177
38 177
38 177
Free-cash
89 703
76 765
99 913
74 439

Estimated living cost  is ₽38177 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100119
₽102304
₽55685
₽55685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 055
social contributions
-
-
-
38 430
total
-
-
-
111 485
Employee
77 351
-
223 500
-
social contributions
6 426
-
38 430
-
income
14 596
-
73 055
-
total
21 022
-
111 485
-
Employer
77 351
-
223 500
-
total
-
-
-
-
Corporate
146 149
223 500
-
-
income
18 268
27 938
-
-
total
18 268
27 938
-
-
Dividends
127 880
195 562
-
-
withholding
25 576
39 113
-
-
total
25 576
39 113
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 866
67 051
111 485
111 485
After tax
158 634
156 449
112 015
112 015
Living cost
56 330
56 330
56 330
56 330
Free-cash
102 304
100 119
55 685
55 685

Estimated living cost  is ₽56330 per week

₽42855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4590
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.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104156
₽107611
₽147965
₽120008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
223 500
income
-
-
-
33 525
health

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

-
-
-
6 114
total
-
-
-
39 639
Employee
45 363
-
218 951
-
social contributions
4 545
-
4 549
-
income
4 922
-
58 498
-
total
9 467
-
63 047
-
Employer
45 363
-
218 951
-
social contributions
4 545
-
4 549
-
total
4 545
-
4 549
-
Corporate
173 592
223 500
-
-
income
60 757
78 224
-
-
total
60 757
78 224
-
-
Dividends
112 834
145 276
-
-
social contributions
5 224
5 224
-
-
total
5 224
5 224
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 993
83 448
67 596
39 639
After tax
143 507
140 052
155 904
183 861
Living cost
35 896
35 896
35 896
35 896
Free-cash
107 611
104 156
120 008
147 965

Estimated living cost  is ₽35896 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2830
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.
₽8871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104120
₽110016
₽107599
₽87637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
68 978
pensions
-
-
-
9 923
total
-
-
-
78 901
Employee
50 787
-
194 795
-
pensions
3 876
-
11 853
-
income
9 249
-
55 668
-
health
663
-
2 637
-
total
13 788
-
70 158
-
Employer
50 787
-
194 795
-
health
965
-
3 701
-
pensions
5 131
-
25 004
-
total
6 096
-
28 705
-
Corporate
166 616
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.

31 658
42 464
-
-
total
31 658
42 464
-
-
Dividends
134 959
181 036
-
-
withholding
24 942
39 916
-
-
total
24 942
39 916
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 484
82 380
98 863
78 901
After tax
147 016
141 120
124 637
144 599
Living cost
37 000
37 000
37 000
37 000
Free-cash
110 016
104 120
87 637
107 599

Estimated living cost  is ₽37000 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5270
₽14517
₽129229
₽99808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
248
income
-
-
-
64 064
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
70 898
Employee
36 766
-
204 274
-
pensions
4 140
-
7 486
-
income
5 044
-
50 218
-
health
4 210
-
23 389
-
total
13 394
-
81 093
-
Employer
36 766
-
204 274
-
pensions
5 978
-
10 810
-
accident
614
-
3 411
-
unemployment
901
-
5 005
-
total
7 493
-
19 226
-
Corporate
179 241
223 500
-
-
income

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

161 317
201 150
-
-
total
161 317
201 150
-
-
Dividends
17 924
22 350
-
-
withholding
3 406
4 247
-
-
total
3 406
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
185 610
205 397
100 319
70 898
After tax
37 890
18 103
123 181
152 602
Living cost
23 373
23 373
23 373
23 373
Free-cash
14 517
-5 270
99 808
129 229

Estimated living cost  is ₽23373 per week

₽17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157614
₽154620
₽129032
₽150787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 899
health insurance
-
-
-
11 708
income
-
-
-
37 594
work injury
-
-
-
791
pensions
-
-
-
29 112
total
-
-
-
81 104
Employee

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

21 382
-
223 500
-
work injury
107
-
396
-
pensions
3 934
-
14 556
-
unemployment
257
-
949
-
income
2 138
-
37 594
-
health insurance
1 582
-
5 854
-
total
8 018
-
59 349
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 118
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%.

20 212
22 350
-
-
total
20 212
22 350
-
-
Dividends
181 907
201 150
-
-
withholding
27 286
30 172
-
-
total
27 286
30 172
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 516
52 522
59 349
81 104
After tax
167 984
170 978
164 151
142 396
Living cost
13 364
13 364
13 364
13 364
Free-cash
154 620
157 614
150 787
129 032

Estimated living cost  is ₽13364 per week

₽8279
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.
₽3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78330
₽73832
₽65576
₽57454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 567
national
-
-
-
62 007
regional
-
-
-
5 464
social contributions
-
-
-
49 492
total
-
-
-
118 530
Employee
83 328
-
223 500
-
national
14 082
-
55 387
-
social contributions
28 098
-
64 886
-
municipal
497
-
1 428
-
regional
1 258
-
4 951
-
total
43 935
-
126 652
-
Employer
83 328
-
223 500
-
total
-
-
-
-
Corporate
140 172
223 500
-
-
municipal
6 756
10 773
-
-
nationa
33 641
53 640
-
-
total
40 397
64 413
-
-
Dividends
99 775
159 087
-
-
withholding
25 942
41 363
-
-
total
25 942
41 363
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 274
105 776
126 652
118 530
After tax
113 226
117 724
96 848
104 970
Living cost
39 394
39 394
39 394
39 394
Free-cash
73 832
78 330
57 454
65 576

Estimated living cost  is ₽39394 per week

₽27672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
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.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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