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
₽94339
₽83817
₽108757
₽80523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 234
income

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

-
-
-
75 286
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.

-
-
-
6 500
surtax

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

-
-
-
4 140
total
-
-
-
114 160
Employee

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

36 389
-
223 500
-
surtax

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

56
-
4 140
-
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.

6 500
-
6 500
-
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.

1 016
-
75 286
-
total
7 572
-
85 926
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 111
223 500
-
-
trade
29 471
35 201
-
-
income
28 066
33 526
-
-
surtax

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

1 544
1 843
-
-
chamber of commerce
413
466
-
-
total
59 494
71 036
-
-
Dividends
127 617
152 464
-
-
withholding
31 543
37 754
-
-
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.

1 735
2 076
-
-
total
33 278
39 830
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 344
110 866
85 926
114 160
After tax
123 156
112 634
137 574
109 340
Living cost
28 817
28 817
28 817
28 817
Free-cash
94 339
83 817
108 757
80 523

Estimated living cost  is ₽28817 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89904
₽90715
₽79250
₽78050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
2 403
pensions
-
-
-
26 820
municipal
-
-
-
24 868
national
-
-
-
42 610
total
-
-
-
96 701
Employee
75 570
-
193 214
-
national
14 464
-
44 505
-
municipal
9 334
-
25 733
-
pensions
3 023
-
7 729
-
total
26 821
-
77 967
-
Employer
75 570
-
193 214
-
pensions
6 046
-
15 457
-
social contributions
812
-
2 077
-
total
6 858
-
17 534
-
Corporate
136 085
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%.

27 217
44 700
-
-
total
27 217
44 700
-
-
Dividends
108 868
178 800
-
-
withholding
23 951
39 336
-
-
total
23 951
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 847
84 036
95 501
96 701
After tax
138 653
139 464
127 999
126 799
Living cost
48 749
48 749
48 749
48 749
Free-cash
89 904
90 715
79 250
78 050

Estimated living cost  is ₽48749 per week

₽33134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151203
₽159007
₽77877
₽62136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 452
income
-
-
-
48 126
microenterprise
-
-
-
-
surtax
-
-
-
56 993
total
-
-
-
141 571
Employee
27 800
-
176 744
-
surtax
-
-
25 629
-
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.

3 058
-
12 472
-
income
4 949
-
40 973
-
total
8 007
-
79 074
-
Employer
27 800
-
176 744
-
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.

6 696
-
27 315
-
surtax
-
-
19 441
-
total
6 696
-
46 756
-
Corporate
189 003
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%.

37 801
44 700
-
-
total
37 801
44 700
-
-
Dividends

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

151 202
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 504
44 700
125 830
141 571
After tax
170 996
178 800
97 670
81 929
Living cost
19 793
19 793
19 793
19 793
Free-cash
151 203
159 007
77 877
62 136

Estimated living cost  is ₽19793 per week

₽12627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65801
₽71632
₽103068
₽79644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 122
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
104 001
Employee
81 246
81 246
205 819
-
health
12 470
10 607
11 732
-
pensions
14 624
11 147
11 147
-
income

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

13 299
13 299
40 017
-
total
40 393
35 053
62 896
-
Employer
81 246
81 246
205 819
-
pensions
5 655
5 655
7 029
-
unemployment
2 925
2 925
3 634
-
health
5 647
5 647
7 018
-
total
14 227
14 227
17 681
-
Corporate
129 024
128 027
-
-
income
25 805
25 605
-
-
total
25 805
25 605
-
-
Dividends
103 219
102 422
-
-
withholding
15 484
15 363
-
-
income
21 935
21 765
-
-
total
37 419
37 128
-
-
Income
223 500
223 500
223 500
223 500
Total tax
117 844
112 013
80 577
104 001
After tax
105 656
111 487
142 923
119 499
Living cost
39 855
39 855
39 855
39 855
Free-cash
65 801
71 632
103 068
79 644

Estimated living cost  is ₽39855 per week

₽28245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81893
₽82775
₽71461
₽72414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
9 997
unemployment
-
-
-
86
pensions
-
-
-
9 300
municipal
-
-
-
59 215
accident
-
-
-
172
national
-
-
-
27 692
health
-
-
-
5 368
total
-
-
-
111 830
Employee
55 936
-
196 468
-
national
-
-
27 165
-
municipal
16 680
-
58 587
-
total
16 680
-
85 752
-
Employer
55 936
-
196 468
-
other
6 500
-
9 997
-
accident
112
-
172
-
pensions
6 047
-
9 300
-
unemployment
1 477
-
2 271
-
health
3 440
-
5 291
-
total
17 576
-
27 031
-
Corporate
149 989
223 500
-
-
income
32 998
49 170
-
-
total
32 998
49 170
-
-
Dividends
116 992
174 330
-
-
withholding
35 097
52 299
-
-
total
35 097
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 351
101 469
112 783
111 830
After tax
121 149
122 031
110 717
111 670
Living cost
39 256
39 256
39 256
39 256
Free-cash
81 893
82 775
71 461
72 414

Estimated living cost  is ₽39256 per week

₽26017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87477
₽74109
₽100199
₽70710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 489
income

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

-
-
-
75 286
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.

-
-
-
6 500
surtax

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

-
-
-
4 140
total
-
-
-
115 415
Employee

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

48 247
-
223 500
-
surtax

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

227
-
4 140
-
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.

6 500
-
6 500
-
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.

4 145
-
75 286
-
total
10 872
-
85 926
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 253
223 500
-
-
trade
28 830
36 766
-
-
income
26 287
33 526
-
-
surtax

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

1 446
1 843
-
-
chamber of commerce
394
462
-
-
total
56 957
72 597
-
-
Dividends
118 296
150 902
-
-
withholding
29 212
37 364
-
-
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.

1 607
2 055
-
-
total
30 819
39 419
-
-
Income
223 500
223 500
223 500
223 500
Total tax
98 648
112 016
85 926
115 415
After tax
124 852
111 484
137 574
108 085
Living cost
37 375
37 375
37 375
37 375
Free-cash
87 477
74 109
100 199
70 710

Estimated living cost  is ₽37375 per week

₽24997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128057
₽132003
₽117287
₽119103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
15 393
income
-
-
-
52 445
health
-
-
-
5 700
total
-
-
-
73 538
Employee
73 158
73 158
211 400
-
health
728
1 244
3 595
-
social contributions
3 555
6 072
8 190
-
income
7 682
6 772
51 468
-
total
11 965
14 088
63 253
-
Employer
73 158
73 158
211 400
-
social contributions
3 555
6 072
8 190
-
health
793
1 354
3 911
-
total
4 348
7 426
12 101
-
Corporate
176 329
142 916
-
-
income
22 041
17 865
-
-
total
22 041
17 865
-
-
Dividends
154 288
125 051
-
-
withholding
26 230
21 259
-
-
total
26 230
21 259
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 584
60 638
75 354
73 538
After tax
158 916
162 862
148 146
149 962
Living cost
30 859
30 859
30 859
30 859
Free-cash
128 057
132 003
117 287
119 103

Estimated living cost  is ₽30859 per week

₽21095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
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.
₽6835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108312
₽107949
₽112076
₽137340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 353
income
-
-
-
27 323
pensions
-
-
-
22 350
health
-
-
-
15 645
total
-
-
-
68 671
Employee

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
187 029
-
unemployment
379
151
2 805
-
health
1 767
703
13 092
-
pensions
2 525
1 005
18 703
-
income
3 086
1 228
22 864
-
total
7 757
3 087
57 464
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 246
10 047
187 029
-
pensions
4 923
1 959
36 471
-
total
4 923
1 959
36 471
-
Corporate
193 331
211 493
-
-
income
17 400
19 034
-
-
total
17 400
19 034
-
-
Dividends
175 932
192 459
-
-
withholding
33 427
36 567
-
-
social contributions
34 192
37 415
-
-
total
67 619
73 982
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 699
98 062
93 935
68 671
After tax
125 801
125 438
129 565
154 829
Living cost
17 489
17 489
17 489
17 489
Free-cash
108 312
107 949
112 076
137 340

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149908
₽155820
₽105844
₽96815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
29 949
pensions
-
-
-
44 701
health
-
-
-
29 055
total
-
-
-
103 705
Employee
26 990
-
167 040
-
unemployment
432
-
2 672
-
pensions
540
-
3 340
-
income
3 039
-
32 206
-
total
4 011
-
38 218
-
Employer
26 990
-
167 040
-
pensions
5 398
-
33 408
-
unemployment
217
-
1 336
-
health
3 508
-
21 714
-
total
9 123
-
56 458
-
Corporate
187 387
223 500
-
-
income
37 478
44 700
-
-
total
37 478
44 700
-
-
Dividends
149 910
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 612
44 700
94 676
103 705
After tax
172 888
178 800
128 824
119 795
Living cost
22 980
22 980
22 980
22 980
Free-cash
149 908
155 820
105 844
96 815

Estimated living cost  is ₽22980 per week

₽15762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14815
-₽3336
₽101782
₽131159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
361
income
-
-
-
64 114
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 901
Employee
33 727
-
204 344
-
health
3 862
-
23 398
-
pensions
3 798
-
7 435
-
income
4 627
-
50 289
-
total
12 287
-
81 122
-
Employer
33 727
-
204 344
-
accident
563
-
3 412
-
pensions
5 484
-
10 737
-
unemployment
826
-
5 007
-
total
6 873
-
19 156
-
Corporate
182 900
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.

164 610
201 150
-
-
total
164 610
201 150
-
-
Dividends
18 290
22 350
-
-
withholding
3 475
4 246
-
-
total
3 475
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 245
205 396
100 278
70 901
After tax
36 255
18 104
123 222
152 599
Living cost
21 440
21 440
21 440
21 440
Free-cash
14 815
-3 336
101 782
131 159

Estimated living cost  is ₽21440 per week

₽15714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203094
₽204551
₽171026
₽213491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
9 718
-
223 500
-
income
1 943
-
44 700
-
total
1 943
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

213 782
223 500
-
-
total
-
-
-
-
Dividends
213 782
223 500
-
-
withholding
10 689
11 175
-
-
total
10 689
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 632
11 175
44 700
2 235
After tax
210 868
212 325
178 800
221 265
Living cost
7 774
7 774
7 774
7 774
Free-cash
203 094
204 551
171 026
213 491

Estimated living cost  is ₽7774 per week

₽4818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132428
₽138854
₽108505
₽110329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 872
income
-
-
-
39 859
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.

-
-
-
34 723
health
-
-
-
6 366
total
-
-
-
87 820
Employee
34 544
-
186 707
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
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.

2 418
-
10 127
-
income
5 947
-
39 251
-
total
9 194
-
52 850
-
Employer
34 544
-
186 707
-
other
1 728
-
7 233
-
accident
276
-
1 493
-
pensions

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

5 873
-
24 596
-
unemployment
345
-
1 446
-
health
484
-
2 026
-
total
8 706
-
36 794
-
Corporate
180 250
223 500
-
-
income
37 853
46 935
-
-
total
37 853
46 935
-
-
Dividends
142 396
176 565
-
-
withholding
9 968
12 360
-
-
total
9 968
12 360
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 721
59 295
89 644
87 820
After tax
157 779
164 205
133 856
135 680
Living cost
25 351
25 351
25 351
25 351
Free-cash
132 428
138 854
108 505
110 329

Estimated living cost  is ₽25351 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
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.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85013
₽77500
₽61437
₽81338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 149
pensions
-
-
-
9 581
total
-
-
-
79 730
Employee
88 332
-
194 695
-
health
1 456
-
2 593
-
pensions
8 522
-
11 351
-
income
15 923
-
56 882
-
total
25 901
-
70 826
-
Employer
88 332
-
194 695
-
pensions
10 430
-
25 106
-
health
1 678
-
3 699
-
total
12 108
-
28 805
-
Corporate
123 061
223 500
-
-
income

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

23 382
42 464
-
-
total
23 382
42 464
-
-
Dividends
99 679
181 036
-
-
withholding
14 664
41 104
-
-
total
14 664
41 104
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 055
83 568
99 631
79 730
After tax
147 445
139 932
123 869
143 770
Living cost
62 432
62 432
62 432
62 432
Free-cash
85 013
77 500
61 437
81 338

Estimated living cost  is ₽62432 per week

₽46782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽174190
₽178611
₽177982
₽168616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
33 525
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
42 403
Employee
16 527
-
216 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
health
760
-
1 530
-
pensions

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

1 451
-
2 920
-
income
1 652
-
21 697
-
total
4 045
-
26 513
-
Employer
16 527
-
216 976
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 821
-
3 664
-
unemployment
99
-
200
-
health
1 141
-
2 294
-
total
3 243
-
6 524
-
Corporate
203 730
223 500
-
-
income
20 373
22 350
-
-
total
20 373
22 350
-
-
Dividends
183 358
201 150
-
-
withholding
9 168
10 058
-
-
total
9 168
10 058
-
-
Income
223 500
223 500
223 500
223 500
Total tax
36 829
32 408
33 037
42 403
After tax
186 671
191 092
190 463
181 097
Living cost
12 481
12 481
12 481
12 481
Free-cash
174 190
178 611
177 982
168 616

Estimated living cost  is ₽12481 per week

₽7287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽61122
₽58730
₽90166
₽66742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 122
pensions
-
-
-
11 147
health
-
-
-
11 732
total
-
-
-
104 001
Employee
88 207
81 246
205 819
-
health
11 004
10 607
11 732
-
pensions
11 147
11 147
11 147
-
income

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

13 299
13 299
40 017
-
total
35 450
35 053
62 896
-
Employer
88 207
81 246
205 819
-
pensions
6 139
5 655
7 029
-
unemployment
3 176
2 925
3 634
-
health
6 130
5 647
7 018
-
total
15 445
14 227
17 681
-
Corporate
119 849
128 027
-
-
income
23 969
25 605
-
-
total
23 969
25 605
-
-
Dividends
95 880
102 422
-
-
withholding
14 382
15 363
-
-
income
20 375
21 765
-
-
total
34 757
37 128
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 621
112 013
80 577
104 001
After tax
113 879
111 487
142 923
119 499
Living cost
52 757
52 757
52 757
52 757
Free-cash
61 122
58 730
90 166
66 742

Estimated living cost  is ₽52757 per week

₽38917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121908
₽130315
₽99050
₽108909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
33 909
income
-
-
-
23 913
health
-
-
-
30 173
solidarity contribution
-
-
-
3 031
total
-
-
-
91 026
Employee
34 654
-
178 412
-
solidarity contribution
-
-
2 146
-
health
4 678
-
24 086
-
social contributions
2 253
-
7 548
-
income
4 158
-
22 017
-
total
11 089
-
55 797
-
Employer
34 654
-
178 412
-
social contributions
8 664
-
29 031
-
health
3 119
-
16 057
-
total
11 783
-
45 088
-
Corporate
177 064
223 500
-
-
income
33 642
42 465
-
-
total
33 642
42 465
-
-
Dividends
143 422
181 035
-
-
withholding
21 513
27 155
-
-
total
21 513
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 027
69 620
100 885
91 026
After tax
145 473
153 880
122 615
132 474
Living cost
23 565
23 565
23 565
23 565
Free-cash
121 908
130 315
99 050
108 909

Estimated living cost  is ₽23565 per week

₽16368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1676
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.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74133
₽79100
₽60095
₽68162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 871
social contributions
-
-
-
47 617
municipal
-
-
-
1 406
national
-
-
-
63 298
total
-
-
-
115 192
Employee
84 555
-
223 500
-
national
14 651
-
56 930
-
regional
798
-
2 613
-
municipal
448
-
1 289
-
social contributions
28 512
-
62 427
-
total
44 409
-
123 259
-
Employer
84 555
-
223 500
-
total
-
-
-
-
Corporate
138 945
223 500
-
-
nationa
33 347
53 640
-
-
municipal
5 418
8 717
-
-
total
38 765
62 357
-
-
Dividends
100 180
161 143
-
-
withholding
26 047
41 897
-
-
total
26 047
41 897
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 221
104 254
123 259
115 192
After tax
114 279
119 246
100 241
108 308
Living cost
40 146
40 146
40 146
40 146
Free-cash
74 133
79 100
60 095
68 162

Estimated living cost  is ₽40146 per week

₽27985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Milan model

Close
Thessaloniki , Greece
₽116627
₽119586
₽78214
₽84030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
71 632
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 216
total
-
-
-
118 476
Employee
31 462
-
196 772
-
surtax
103
-
11 078
-
unemployment
2 190
-
8 838
-
other
-
-
-
-
health
803
-
3 237
-
pensions
2 098
-
8 469
-
income
5 274
-
65 943
-
total
10 468
-
97 565
-
Employer
31 462
-
196 772
-
other
-
-
-
-
pensions
4 194
-
16 926
-
unemployment
997
-
4 024
-
health
1 432
-
5 777
-
total
6 623
-
26 727
-
Corporate
185 415
223 500
-
-
income
48 208
58 111
-
-
total
48 208
58 111
-
-
Dividends
137 208
165 389
-
-
withholding
20 580
24 809
-
-
total
20 580
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 879
82 920
124 292
118 476
After tax
137 621
140 580
99 208
105 024
Living cost
20 994
20 994
20 994
20 994
Free-cash
116 627
119 586
78 214
84 030

Estimated living cost  is ₽20994 per week

₽12837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103446
₽97280
₽81217
₽101118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 149
pensions
-
-
-
9 581
total
-
-
-
79 730
Employee
59 198
-
194 695
-
health
859
-
2 593
-
pensions
5 025
-
11 351
-
income
10 662
-
56 882
-
total
16 546
-
70 826
-
Employer
59 198
-
194 695
-
pensions
6 408
-
25 106
-
health
1 125
-
3 699
-
total
7 533
-
28 805
-
Corporate
156 769
223 500
-
-
income

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

29 786
42 464
-
-
total
29 786
42 464
-
-
Dividends
126 984
181 036
-
-
withholding
23 537
41 104
-
-
total
23 537
41 104
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 402
83 568
99 631
79 730
After tax
146 098
139 932
123 869
143 770
Living cost
42 652
42 652
42 652
42 652
Free-cash
103 446
97 280
81 217
101 118

Estimated living cost  is ₽42652 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59044
₽26775
₽93694
₽101759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other

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

-
-
-
4 469
city
-
-
-
2 356
regional
-
-
-
12 578
pensions
-
-
-
20 561
national
-
-
-
5 848
health
-
-
-
504
total
-
-
-
46 316
Employee
88 267
-
201 214
-
national
418
-
4 858
-
unemployment
-
-
-
-
city
947
-
2 177
-
regional
2 890
-
11 228
-
health
200
-
453
-
pensions
7 416
-
15 594
-
total
11 871
-
34 310
-
Employer
88 267
-
201 214
-
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.

1 765
-
4 024
-
pensions
7 416
-
15 594
-
unemployment
-
-
-
-
health
200
-
453
-
total
9 381
-
20 071
-
Corporate
124 883
223 500
-
-
regional
26 414
47 270
-
-
national
10 616
18 998
-
-
total
37 030
66 268
-
-
Dividends
87 853
157 232
-
-
withholding
30 749
55 032
-
-
total
30 749
55 032
-
-
Income
223 500
223 500
223 500
223 500
Total tax
89 031
121 300
54 381
46 316
After tax
134 469
102 200
169 119
177 184
Living cost
75 425
75 425
75 425
75 425
Free-cash
59 044
26 775
93 694
101 759

Estimated living cost  is ₽75425 per week

₽49048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽926
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82177
₽66751
₽93990
₽63247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 743
income

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

-
-
-
75 286
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.

-
-
-
6 500
surtax

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

-
-
-
4 140
total
-
-
-
116 669
Employee

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

57 177
-
223 500
-
surtax

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

370
-
4 140
-
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.

6 500
-
6 500
-
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.

6 724
-
75 286
-
total
13 594
-
85 926
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 323
223 500
-
-
trade
28 524
38 330
-
-
income
24 948
33 526
-
-
surtax

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

1 372
1 843
-
-
chamber of commerce
379
459
-
-
total
55 223
74 158
-
-
Dividends
111 099
149 343
-
-
withholding
27 414
36 974
-
-
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.

1 508
2 033
-
-
total
28 922
39 007
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 739
113 165
85 926
116 669
After tax
125 761
110 335
137 574
106 831
Living cost
43 584
43 584
43 584
43 584
Free-cash
82 177
66 751
93 990
63 247

Estimated living cost  is ₽43584 per week

₽31832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85712
₽80090
₽81780
₽88929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 368
income
-
-
-
43 004
pensions
-
-
-
34 523
health
-
-
-
11 196
surtax
-
-
-
-
total
-
-
-
102 020
Employee
40 718
-
170 066
-
surtax
-
-
-
-
pensions
4 604
-
13 034
-
social contributions
1 161
-
4 846
-
income
2 403
-
37 853
-
total
8 168
-
55 733
-
Employer
40 718
-
170 066
-
other
1 405
-
7 149
-
pensions
6 689
-
21 724
-
unemployment
1 648
-
6 888
-
social contributions
123
-
511
-
health
2 851
-
17 164
-
total
12 716
-
53 436
-
Corporate
170 066
223 500
-
-
income
47 619
62 581
-
-
surtax
-
-
-
-
total
47 619
62 581
-
-
Dividends
122 447
160 919
-
-
withholding
15 673
20 598
-
-
social contributions
21 061
27 680
-
-
surtax
-
-
-
-
total
36 734
48 278
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 237
110 859
109 169
102 020
After tax
118 263
112 641
114 331
121 480
Living cost
32 551
32 551
32 551
32 551
Free-cash
85 712
80 090
81 780
88 929

Estimated living cost  is ₽32551 per week

₽20524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽8827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88605
₽83315
₽85005
₽92154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 368
income
-
-
-
43 004
pensions
-
-
-
34 523
health
-
-
-
11 196
surtax
-
-
-
-
total
-
-
-
102 020
Employee
36 347
-
170 066
-
surtax
-
-
-
-
pensions
4 111
-
13 034
-
social contributions
1 036
-
4 846
-
income
1 874
-
37 853
-
total
7 021
-
55 733
-
Employer
36 347
-
170 066
-
other
1 255
-
7 149
-
pensions
5 972
-
21 724
-
unemployment
1 471
-
6 888
-
social contributions
108
-
511
-
health
2 544
-
17 164
-
total
11 350
-
53 436
-
Corporate
175 802
223 500
-
-
income
49 224
62 581
-
-
surtax
-
-
-
-
total
49 224
62 581
-
-
Dividends
126 578
160 919
-
-
withholding
16 202
20 598
-
-
social contributions
21 772
27 680
-
-
surtax
-
-
-
-
total
37 974
48 278
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 569
110 859
109 169
102 020
After tax
117 931
112 641
114 331
121 480
Living cost
29 326
29 326
29 326
29 326
Free-cash
88 605
83 315
85 005
92 154

Estimated living cost  is ₽29326 per week

₽17007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116675
₽116180
₽117106
₽123356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
30 843
income
-
-
-
33 526
health
-
-
-
15 601
total
-
-
-
79 970
Employee
32 258
-
223 500
-
health
2 251
-
15 601
-
social contributions
4 452
-
30 843
-
income
5 380
-
39 776
-
total
12 083
-
86 220
-
Employer
32 258
-
223 500
-
total
-
-
-
-
Corporate
191 242
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%.

9 562
11 176
-
-
total
9 562
11 176
-
-
Dividends
181 680
212 324
-
-
health
12 682
14 821
-
-
withholding
27 252
31 848
-
-
social contributions
25 072
29 301
-
-
total
65 006
75 970
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 651
87 146
86 220
79 970
After tax
136 849
136 354
137 280
143 530
Living cost
20 174
20 174
20 174
20 174
Free-cash
116 675
116 180
117 106
123 356

Estimated living cost  is ₽20174 per week

₽13501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88132
₽89603
₽24906
₽80818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
894
unemployment
-
-
-
5 835
income
-
-
-
73 177
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
188
total
-
-
-
109 158
Employee
47 547
37 915
185 871
-
unemployment
1 426
1 137
3 335
-
other
475
379
1 112
-
health
1 840
1 468
4 301
-
pensions
4 869
3 882
11 382
-
income
5 413
2 797
61 747
-
total
14 023
9 663
81 877
-
Employer
47 547
37 915
185 871
-
payroll
1 426
1 137
5 575
-
other
2 259
1 800
8 193
-
accident
617
493
1 444
-
pensions
5 967
4 759
13 949
-
unemployment
1 426
1 137
3 335
-
chamber of commerce
190
152
744
-
surtax
188
188
188
-
health
1 796
1 434
4 201
-
total
13 869
11 100
37 629
-
Corporate
162 084
174 485
182 260
-
income

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

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

40 522
43 622
45 564
-
total
40 522
43 622
45 564
-
Dividends
121 562
130 864
-
-
withholding
33 430
35 988
-
-
total
33 430
35 988
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 844
100 373
165 070
109 158
After tax
121 656
123 127
58 430
114 342
Living cost
33 524
33 524
33 524
33 524
Free-cash
88 132
89 603
24 906
80 818

Estimated living cost  is ₽33524 per week

₽22359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75923
₽87433
₽40878
₽62568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
23 720
national
-
-
-
90 537
communal

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

-
-
-
11 986
total
-
-
-
126 243
Employee

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

68 054
-
173 110
-
national
20 923
-
65 888
-
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.

592
-
1 506
-
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.

3 197
-
8 137
-
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.

5 104
-
12 983
-
communal

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

3 550
-
9 029
-
total
33 366
-
97 543
-
Employer

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

68 054
-
173 110
-
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.

885
-
2 251
-
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.

6 030
-
15 337
-
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.

993
-
2 528
-
surtax
7 717
-
19 629
-
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.

4 185
-
10 645
-
total
19 810
-
50 390
-
Corporate
135 636
223 500
-
-
income
27 127
48 565
-
-
surtax
542
971
-
-
total
27 669
49 536
-
-
Dividends
107 968
173 964
-
-
withholding

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

32 043
51 842
-
-
total
32 043
51 842
-
-
Income
223 500
223 500
223 500
223 500
Total tax
112 888
101 378
147 933
126 243
After tax
110 612
122 122
75 567
97 257
Living cost
34 689
34 689
34 689
34 689
Free-cash
75 923
87 433
40 878
62 568

Estimated living cost  is ₽34689 per week

₽22344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107428
₽113943
₽86451
₽90444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
72 243
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
98 697
Employee
47 358
-
195 387
-
unemployment
735
-
1 367
-
other
47
-
88
-
pensions
2 226
-
4 145
-
income
9 992
-
68 977
-
total
13 000
-
74 577
-
Employer
47 358
-
195 387
-
other
377
-
706
-
accident
937
-
1 746
-
pensions
11 176
-
20 812
-
unemployment
2 605
-
4 849
-
total
15 095
-
28 113
-
Corporate
161 046
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.

24 157
33 526
-
-
total
24 157
33 526
-
-
Dividends
136 889
189 974
-
-
withholding
29 461
41 672
-
-
total
29 461
41 672
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 713
75 198
102 690
98 697
After tax
141 787
148 302
120 810
124 803
Living cost
34 359
34 359
34 359
34 359
Free-cash
107 428
113 943
86 451
90 444

Estimated living cost  is ₽34359 per week

₽25302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60953
₽74036
₽61448
₽52535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
42 967
pensions
-
-
-
33 500
accident
-
-
-
1 885
communal
-
-
-
14 126
health
-
-
-
15 704
surtax
-
-
-
11 080
total
-
-
-
119 262
Employee
72 049
-
199 644
-
surtax
4 416
-
12 236
-
health
3 206
-
8 883
-
pensions
5 763
-
15 971
-
income
6 959
-
49 404
-
total
20 344
-
86 494
-
Employer
72 049
-
199 644
-
accident
648
-
1 796
-
pensions
5 763
-
15 971
-
health
2 197
-
6 088
-
total
8 608
-
23 855
-
Corporate
142 843
223 500
-
-
income
21 427
33 526
-
-
communal
9 641
15 086
-
-
surtax
1 500
2 347
-
-
total
32 568
50 959
-
-
Dividends
110 274
172 541
-
-
withholding
16 542
25 881
-
-
income
32 782
20 921
-
-
total
49 324
46 802
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 844
97 761
110 349
119 262
After tax
112 656
125 739
113 151
104 238
Living cost
51 703
51 703
51 703
51 703
Free-cash
60 953
74 036
61 448
52 535

Estimated living cost  is ₽51703 per week

₽38785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116186
₽119210
₽77838
₽83654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
71 632
pensions
-
-
-
25 396
health
-
-
-
9 015
surtax
-
-
-
12 216
total
-
-
-
118 476
Employee
32 040
-
196 772
-
surtax
114
-
11 078
-
unemployment
2 230
-
8 838
-
other
-
-
-
-
health
818
-
3 237
-
pensions
2 138
-
8 469
-
income
5 371
-
65 943
-
total
10 671
-
97 565
-
Employer
32 040
-
196 772
-
other
-
-
-
-
pensions
4 272
-
16 926
-
unemployment
1 016
-
4 024
-
health
1 457
-
5 777
-
total
6 745
-
26 727
-
Corporate
184 715
223 500
-
-
income
48 025
58 111
-
-
total
48 025
58 111
-
-
Dividends
136 690
165 389
-
-
withholding
20 503
24 809
-
-
total
20 503
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 944
82 920
124 292
118 476
After tax
137 556
140 580
99 208
105 024
Living cost
21 370
21 370
21 370
21 370
Free-cash
116 186
119 210
77 838
83 654

Estimated living cost  is ₽21370 per week

₽12902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89736
₽91848
₽73954
₽81980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 570
social contributions
-
-
-
47 617
municipal
-
-
-
1 406
national
-
-
-
63 298
total
-
-
-
115 891
Employee
52 776
-
223 500
-
national
8 361
-
56 930
-
regional
710
-
3 271
-
municipal
280
-
1 289
-
social contributions
17 796
-
62 427
-
total
27 147
-
123 917
-
Employer
52 776
-
223 500
-
total
-
-
-
-
Corporate
170 724
223 500
-
-
nationa
40 973
53 640
-
-
municipal
8 486
11 107
-
-
total
49 459
64 747
-
-
Dividends
121 266
158 753
-
-
withholding
31 529
41 276
-
-
total
31 529
41 276
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 135
106 023
123 917
115 891
After tax
115 365
117 477
99 583
107 609
Living cost
25 629
25 629
25 629
25 629
Free-cash
89 736
91 848
73 954
81 980

Estimated living cost  is ₽25629 per week

₽15939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114482
₽124842
₽93577
₽103436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
33 909
income
-
-
-
23 913
health
-
-
-
30 173
solidarity contribution
-
-
-
3 031
total
-
-
-
91 026
Employee
42 703
-
178 412
-
solidarity contribution
-
-
2 146
-
health
5 765
-
24 086
-
social contributions
2 776
-
7 548
-
income
5 124
-
22 017
-
total
13 665
-
55 797
-
Employer
42 703
-
178 412
-
social contributions
10 676
-
29 031
-
health
3 843
-
16 057
-
total
14 519
-
45 088
-
Corporate
166 278
223 500
-
-
income
31 593
42 465
-
-
total
31 593
42 465
-
-
Dividends
134 685
181 035
-
-
withholding
20 203
27 155
-
-
total
20 203
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 980
69 620
100 885
91 026
After tax
143 520
153 880
122 615
132 474
Living cost
29 038
29 038
29 038
29 038
Free-cash
114 482
124 842
93 577
103 436

Estimated living cost  is ₽29038 per week

₽21594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92404
₽92877
₽28118
₽84177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
894
unemployment
-
-
-
5 835
income
-
-
-
73 177
pensions
-
-
-
20 562
health
-
-
-
8 502
surtax
-
-
-
-
total
-
-
-
108 970
Employee
41 588
37 915
186 046
-
unemployment
1 248
1 137
3 335
-
other
415
379
1 112
-
health
1 609
1 468
4 301
-
pensions
4 259
3 882
11 382
-
income
3 705
2 797
61 835
-
total
11 236
9 663
81 965
-
Employer
41 588
37 915
186 046
-
payroll
1 248
1 137
5 581
-
other
1 975
1 800
8 200
-
accident
540
493
1 444
-
pensions
5 220
4 759
13 949
-
unemployment
1 248
1 137
3 335
-
chamber of commerce
166
152
744
-
surtax
-
-
-
-
health
1 573
1 434
4 201
-
total
11 970
10 912
37 454
-
Corporate
169 943
174 673
182 435
-
income

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

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

42 486
43 669
45 610
-
total
42 486
43 669
45 610
-
Dividends
127 457
131 004
-
-
withholding
35 051
36 026
-
-
total
35 051
36 026
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 743
100 270
165 029
108 970
After tax
122 757
123 230
58 471
114 530
Living cost
30 353
30 353
30 353
30 353
Free-cash
92 404
92 877
28 118
84 177

Estimated living cost  is ₽30353 per week

₽18208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
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.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197938
₽200210
₽166685
₽209150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
15 144
-
223 500
-
income
3 029
-
44 700
-
total
3 029
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

208 356
223 500
-
-
total
-
-
-
-
Dividends
208 356
223 500
-
-
withholding
10 418
11 175
-
-
total
10 418
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 447
11 175
44 700
2 235
After tax
210 053
212 325
178 800
221 265
Living cost
12 115
12 115
12 115
12 115
Free-cash
197 938
200 210
166 685
209 150

Estimated living cost  is ₽12115 per week

₽8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120402
₽128361
₽72392
₽77246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 591
pensions
-
-
-
40 816
health
-
-
-
21 992
total
-
-
-
120 735
Employee

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

42 071
-
193 389
-
unemployment
60
-
271
-
health
2 717
-
12 492
-
pensions
6 521
-
29 976
-
income
7 255
-
52 738
-
total
16 553
-
95 477
-
Employer

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

42 071
-
193 389
-
pensions
3 723
-
17 116
-
unemployment
25
-
116
-
health
2 802
-
12 880
-
total
6 550
-
30 112
-
Corporate
174 879
223 500
-
-
income
33 228
42 464
-
-
total
33 228
42 464
-
-
Dividends
141 651
181 036
-
-
withholding
21 248
27 156
-
-
total
21 248
27 156
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 579
69 620
125 589
120 735
After tax
145 921
153 880
97 911
102 765
Living cost
25 519
25 519
25 519
25 519
Free-cash
120 402
128 361
72 392
77 246

Estimated living cost  is ₽25519 per week

₽17513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51083
₽95597
₽170808
₽114076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
25 479
income
-
-
-
43 565
total
-
-
-
69 044
Employee
57 899
-
-
-
social contributions
4 748
-
677
-
income
12 771
-
-
-
total
17 519
-
677
-
Employer
57 899
-
-
-
social contributions
81 638
-
11 635
-
total
81 638
-
11 635
-
Corporate
83 963
223 500
-
-
income
18 472
49 170
-
-
total
18 472
49 170
-
-
Dividends
65 492
174 330
-
-
income
14 408
38 353
-
-
total
14 408
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
132 037
87 523
12 312
69 044
After tax
91 463
135 977
211 188
154 456
Living cost
40 380
40 380
40 380
40 380
Free-cash
51 083
95 597
170 808
114 076

Estimated living cost  is ₽40380 per week

₽26200
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96327
₽97284
₽68456
₽86265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
social contributions

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

-
-
-
77 665
income
-
-
-
29 728
surtax
-
-
-
-
total
-
-
-
107 393
Employee
43 757
-
180 606
-
surtax
-
-
408
-
social contributions
4 813
-
19 867
-
income
9 102
-
62 033
-
total
13 915
-
82 308
-
Employer
43 757
-
180 606
-
social contributions
10 392
-
42 894
-
total
10 392
-
42 894
-
Corporate
169 351
223 500
-
-
income
35 564
46 935
-
-
surtax
-
-
-
-
total
35 564
46 935
-
-
Dividends
133 787
176 565
-
-
withholding
37 460
49 439
-
-
total
37 460
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 331
96 374
125 202
107 393
After tax
126 169
127 126
98 298
116 107
Living cost
29 842
29 842
29 842
29 842
Free-cash
96 327
97 284
68 456
86 265

Estimated living cost  is ₽29842 per week

₽22328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73232
₽66690
₽68380
₽75529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 368
income
-
-
-
43 004
pensions
-
-
-
34 523
health
-
-
-
11 196
surtax
-
-
-
-
total
-
-
-
102 020
Employee
59 588
-
170 066
-
surtax
-
-
-
-
pensions
6 740
-
13 034
-
social contributions
1 697
-
4 846
-
income
5 199
-
37 853
-
total
13 636
-
55 733
-
Employer
59 588
-
170 066
-
other
2 056
-
7 149
-
pensions
9 791
-
21 724
-
unemployment
2 414
-
6 888
-
social contributions
179
-
511
-
health
4 171
-
17 164
-
total
18 611
-
53 436
-
Corporate
145 301
223 500
-
-
income
40 684
62 581
-
-
surtax
-
-
-
-
total
40 684
62 581
-
-
Dividends
104 617
160 919
-
-
withholding
13 391
20 598
-
-
social contributions
17 995
27 680
-
-
surtax
-
-
-
-
total
31 386
48 278
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 317
110 859
109 169
102 020
After tax
119 183
112 641
114 331
121 480
Living cost
45 951
45 951
45 951
45 951
Free-cash
73 232
66 690
68 380
75 529

Estimated living cost  is ₽45951 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169355
₽172551
₽140017
₽134075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 656
social contributions
-
-
-
49 170
total
-
-
-
60 826
Employee
30 586
-
193 506
-
social contributions
1 988
-
12 577
-
income
-
-
12 315
-
total
1 988
-
24 892
-
Employer
30 586
-
193 506
-
social contributions
4 741
-
29 992
-
total
4 741
-
29 992
-
Corporate
188 172
223 500
-
-
income
18 817
22 350
-
-
total
18 817
22 350
-
-
Dividends
169 356
201 150
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 546
22 350
54 884
60 826
After tax
197 954
201 150
168 616
162 674
Living cost
28 599
28 599
28 599
28 599
Free-cash
169 355
172 551
140 017
134 075

Estimated living cost  is ₽28599 per week

₽18492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9403
₽16516
₽16516
₽82819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
823
municipal
-
-
-
48 224
labour market
-
-
-
17 814
national
-
-
-
28 068
total
-
-
-
94 929
Employee
193 107
193 107
193 107
-
national
23 592
23 592
23 592
-
municipal
41 121
41 121
41 121
-
labour market
15 427
15 427
15 427
-
pensions
274
274
274
-
total
80 414
80 414
80 414
-
Employer
193 107
193 107
193 107
-
municipal
41 187
41 187
41 187
-
pensions
549
549
549
-
national
23 633
23 633
23 633
-
labour market
15 449
15 449
15 449
-
total
80 818
80 818
80 818
-
Corporate
16 518
-
-
-
income
3 634
-
-
-
total
3 634
-
-
-
Dividends
12 884
-
-
-
withholding
3 479
-
-
-
total
3 479
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
168 345
161 232
161 232
94 929
After tax
55 155
62 268
62 268
128 571
Living cost
45 752
45 752
45 752
45 752
Free-cash
9 403
16 516
16 516
82 819

Estimated living cost  is ₽45752 per week

₽31313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14863
-₽3020
₽102098
₽131475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
361
income
-
-
-
64 114
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 901
Employee
33 230
-
204 344
-
health
3 805
-
23 398
-
pensions
3 742
-
7 435
-
income
4 559
-
50 289
-
total
12 106
-
81 122
-
Employer
33 230
-
204 344
-
accident
555
-
3 412
-
pensions
5 403
-
10 737
-
unemployment
814
-
5 007
-
total
6 772
-
19 156
-
Corporate
183 498
223 500
-
-
income

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

165 149
201 150
-
-
total
165 149
201 150
-
-
Dividends
18 350
22 350
-
-
withholding
3 486
4 246
-
-
total
3 486
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 513
205 396
100 278
70 901
After tax
35 987
18 104
123 222
152 599
Living cost
21 124
21 124
21 124
21 124
Free-cash
14 863
-3 020
102 098
131 475

Estimated living cost  is ₽21124 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102987
₽100049
₽73903
₽99504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 682
national
-
-
-
44 743
health
-
-
-
3 044
total
-
-
-
87 469
Employee
50 055
-
188 021
-
national
827
-
28 978
-
unemployment
751
-
2 820
-
health
374
-
2 499
-
municipal
8 199
-
30 603
-
pensions
3 378
-
12 691
-
total
13 529
-
77 591
-
Employer
50 055
-
188 021
-
accident
51
-
188
-
pensions
8 684
-
32 621
-
unemployment
325
-
1 222
-
health
385
-
1 448
-
total
9 445
-
35 479
-
Corporate
164 001
223 500
-
-
income
32 800
44 700
-
-
total
32 800
44 700
-
-
Dividends

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

98 401
134 100
-
-
municipal
17 712
24 137
-
-
national
10 500
18 087
-
-
total
28 212
42 224
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 986
86 924
113 070
87 469
After tax
139 514
136 576
110 430
136 031
Living cost
36 527
36 527
36 527
36 527
Free-cash
102 987
100 049
73 903
99 504

Estimated living cost  is ₽36527 per week

₽23859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135657
₽140834
₽126118
₽127934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
15 393
income
-
-
-
52 445
health
-
-
-
5 700
total
-
-
-
73 538
Employee
73 158
73 158
211 400
-
health
567
1 244
3 595
-
social contributions
2 766
6 072
8 190
-
income
7 966
6 772
51 468
-
total
11 299
14 088
63 253
-
Employer
73 158
73 158
211 400
-
social contributions
2 766
6 072
8 190
-
health
616
1 354
3 911
-
total
3 382
7 426
12 101
-
Corporate
186 792
142 916
-
-
income
23 348
17 865
-
-
total
23 348
17 865
-
-
Dividends
163 444
125 051
-
-
withholding
27 786
21 259
-
-
total
27 786
21 259
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 815
60 638
75 354
73 538
After tax
157 685
162 862
148 146
149 962
Living cost
22 028
22 028
22 028
22 028
Free-cash
135 657
140 834
126 118
127 934

Estimated living cost  is ₽22028 per week

₽13202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165135
₽169974
₽156590
₽175671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
23 202
pensions
-
-
-
6 052
health
-
-
-
3 443
total
-
-
-
32 724
Employee

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

21 838
-
214 202
-
unemployment
108
-
451
-
health
1 856
-
7 673
-
pensions
3 275
-
13 541
-
income
1 493
-
20 842
-
total
6 732
-
42 507
-
Employer

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

21 838
-
214 202
-
pensions
1 201
-
4 965
-
unemployment
108
-
451
-
health
939
-
3 882
-
total
2 248
-
9 298
-
Corporate
199 414
223 500
-
-
income
17 948
20 115
-
-
total
17 948
20 115
-
-
Dividends
181 466
203 385
-
-
withholding
16 332
18 306
-
-
total
16 332
18 306
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 260
38 421
51 805
32 724
After tax
180 240
185 079
171 695
190 776
Living cost
15 105
15 105
15 105
15 105
Free-cash
165 135
169 974
156 590
175 671

Estimated living cost  is ₽15105 per week

₽9638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117938
₽122140
₽94648
₽98641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
72 243
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
98 697
Employee
35 179
-
195 387
-
unemployment
545
-
1 367
-
other
34
-
88
-
pensions
1 654
-
4 145
-
income
6 782
-
68 977
-
total
9 015
-
74 577
-
Employer
35 179
-
195 387
-
other
282
-
706
-
accident
697
-
1 746
-
pensions
8 302
-
20 812
-
unemployment
1 935
-
4 849
-
total
11 216
-
28 113
-
Corporate
177 106
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.

26 566
33 526
-
-
total
26 566
33 526
-
-
Dividends
150 540
189 974
-
-
withholding
32 603
41 672
-
-
total
32 603
41 672
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 400
75 198
102 690
98 697
After tax
144 100
148 302
120 810
124 803
Living cost
26 162
26 162
26 162
26 162
Free-cash
117 938
122 140
94 648
98 641

Estimated living cost  is ₽26162 per week

₽17659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137364
₽137659
₽142282
₽142411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 014
pensions
-
-
-
1 316
health
-
-
-
954
total
-
-
-
79 284
Employee
2 749
-
222 019
-
unemployment
27
-
66
-
health
137
-
329
-
pensions
247
-
592
-
income
532
-
76 945
-
total
943
-
77 932
-
Employer
2 749
-
222 019
-
pensions
302
-
724
-
unemployment
55
-
132
-
health
261
-
625
-
total
618
-
1 481
-
Corporate
220 133
223 500
-
-
income
48 429
49 170
-
-
total
48 429
49 170
-
-
Dividends
171 704
174 330
-
-
withholding
34 341
34 866
-
-
total
34 341
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 331
84 036
79 413
79 284
After tax
139 169
139 464
144 087
144 216
Living cost
1 805
1 805
1 805
1 805
Free-cash
137 364
137 659
142 282
142 411

Estimated living cost  is ₽1805 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140386
₽145058
₽128645
₽128644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 053
income
-
-
-
51 909
pensions
-
-
-
18 245
health
-
-
-
7 228
total
-
-
-
78 435
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.

24 762
-
210 939
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
pensions
3 467
-
9 824
-
income
3 413
-
51 909
-
total
8 341
-
65 873
-
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.

24 762
-
210 939
-
pensions
2 971
-
8 421
-
unemployment
186
-
526
-
health
1 275
-
3 614
-
total
4 432
-
12 561
-
Corporate
194 306
223 500
-
-
income
29 146
33 525
-
-
total
29 146
33 525
-
-
Dividends
165 160
189 975
-
-
withholding
24 774
28 496
-
-
total
24 774
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 693
62 021
78 434
78 435
After tax
156 807
161 479
145 066
145 065
Living cost
16 421
16 421
16 421
16 421
Free-cash
140 386
145 058
128 645
128 644

Estimated living cost  is ₽16421 per week

₽11056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101136
₽101477
₽72649
₽90458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
social contributions

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

-
-
-
77 665
income
-
-
-
29 728
surtax
-
-
-
-
total
-
-
-
107 393
Employee
36 926
-
180 606
-
surtax
-
-
408
-
social contributions
4 062
-
19 867
-
income
7 215
-
62 033
-
total
11 277
-
82 308
-
Employer
36 926
-
180 606
-
social contributions
8 769
-
42 894
-
total
8 769
-
42 894
-
Corporate
177 805
223 500
-
-
income
37 339
46 935
-
-
surtax
-
-
-
-
total
37 339
46 935
-
-
Dividends
140 466
176 565
-
-
withholding
39 330
49 439
-
-
total
39 330
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 715
96 374
125 202
107 393
After tax
126 785
127 126
98 298
116 107
Living cost
25 649
25 649
25 649
25 649
Free-cash
101 136
101 477
72 649
90 458

Estimated living cost  is ₽25649 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108641
₽114866
₽87374
₽91367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
88
unemployment
-
-
-
617
income
-
-
-
72 243
pensions
-
-
-
24 955
accident
-
-
-
794
total
-
-
-
98 697
Employee
45 948
-
195 387
-
unemployment
711
-
1 367
-
other
45
-
88
-
pensions
2 159
-
4 145
-
income
9 597
-
68 977
-
total
12 512
-
74 577
-
Employer
45 948
-
195 387
-
other
368
-
706
-
accident
910
-
1 746
-
pensions
10 844
-
20 812
-
unemployment
2 528
-
4 849
-
total
14 650
-
28 113
-
Corporate
162 902
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.

24 435
33 526
-
-
total
24 435
33 526
-
-
Dividends
138 467
189 974
-
-
withholding
29 826
41 672
-
-
total
29 826
41 672
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 423
75 198
102 690
98 697
After tax
142 077
148 302
120 810
124 803
Living cost
33 436
33 436
33 436
33 436
Free-cash
108 641
114 866
87 374
91 367

Estimated living cost  is ₽33436 per week

₽24013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168916
₽174716
₽174087
₽164721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
33 525
pensions

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

-
-
-
4 921
health
-
-
-
3 824
total
-
-
-
42 403
Employee
21 684
-
216 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
health
998
-
1 530
-
pensions

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

1 904
-
2 920
-
income
2 169
-
21 697
-
total
5 309
-
26 513
-
Employer
21 684
-
216 976
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

2 389
-
3 664
-
unemployment
130
-
200
-
health
1 496
-
2 294
-
total
4 253
-
6 524
-
Corporate
197 562
223 500
-
-
income
19 756
22 350
-
-
total
19 756
22 350
-
-
Dividends
177 806
201 150
-
-
withholding
8 890
10 058
-
-
total
8 890
10 058
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 208
32 408
33 037
42 403
After tax
185 292
191 092
190 463
181 097
Living cost
16 376
16 376
16 376
16 376
Free-cash
168 916
174 716
174 087
164 721

Estimated living cost  is ₽16376 per week

₽10831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90646
₽78199
₽100843
₽75119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 724
income

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

-
-
-
75 286
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.

-
-
-
6 500
surtax

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

-
-
-
4 140
total
-
-
-
111 650
Employee

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

47 338
-
223 500
-
surtax

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

215
-
4 140
-
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.

6 500
-
6 500
-
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.

3 893
-
75 286
-
total
10 608
-
85 926
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 162
223 500
-
-
trade
25 280
32 072
-
-
income
26 425
33 526
-
-
surtax

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

1 453
1 843
-
-
chamber of commerce
403
473
-
-
total
53 561
67 914
-
-
Dividends
122 601
155 586
-
-
withholding
30 288
38 536
-
-
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.

1 666
2 120
-
-
total
31 954
40 656
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 123
108 570
85 926
111 650
After tax
127 377
114 930
137 574
111 850
Living cost
36 731
36 731
36 731
36 731
Free-cash
90 646
78 199
100 843
75 119

Estimated living cost  is ₽36731 per week

₽25338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104355
₽102254
₽57047
₽57047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
38 583
income
-
-
-
73 674
total
-
-
-
112 257
Employee
74 421
-
223 500
-
social contributions
6 183
-
38 583
-
income
14 043
-
73 674
-
total
20 226
-
112 257
-
Employer
74 421
-
223 500
-
total
-
-
-
-
Corporate
149 079
223 500
-
-
income
18 634
27 938
-
-
total
18 634
27 938
-
-
Dividends
130 445
195 562
-
-
withholding
26 089
39 112
-
-
total
26 089
39 112
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 949
67 050
112 257
112 257
After tax
158 551
156 450
111 243
111 243
Living cost
54 196
54 196
54 196
54 196
Free-cash
104 355
102 254
57 047
57 047

Estimated living cost  is ₽54196 per week

₽41231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4416
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.
₽8031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109038
₽105713
₽120966
₽149644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
223 500
health

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

-
-
-
5 794
income
-
-
-
33 526
total
-
-
-
39 320
Employee
43 645
-
219 124
-
social contributions
4 373
-
4 376
-
income
4 736
-
59 246
-
total
9 109
-
63 622
-
Employer
43 645
-
219 124
-
social contributions
4 373
-
4 376
-
total
4 373
-
4 376
-
Corporate
175 483
223 500
-
-
income
61 418
78 225
-
-
total
61 418
78 225
-
-
Dividends
114 064
145 275
-
-
social contributions
5 026
5 026
-
-
total
5 026
5 026
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 926
83 251
67 998
39 320
After tax
143 574
140 249
155 502
184 180
Living cost
34 536
34 536
34 536
34 536
Free-cash
109 038
105 713
120 966
149 644

Estimated living cost  is ₽34536 per week

₽22749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110781
₽105257
₽89194
₽109095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 149
pensions
-
-
-
9 581
total
-
-
-
79 730
Employee
47 596
-
194 695
-
health
621
-
2 593
-
pensions
3 633
-
11 351
-
income
8 668
-
56 882
-
total
12 922
-
70 826
-
Employer
47 596
-
194 695
-
pensions
4 809
-
25 106
-
health
905
-
3 699
-
total
5 714
-
28 805
-
Corporate
170 191
223 500
-
-
income

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

32 337
42 464
-
-
total
32 337
42 464
-
-
Dividends
137 854
181 036
-
-
withholding
27 071
41 104
-
-
total
27 071
41 104
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 044
83 568
99 631
79 730
After tax
145 456
139 932
123 869
143 770
Living cost
34 675
34 675
34 675
34 675
Free-cash
110 781
105 257
89 194
109 095

Estimated living cost  is ₽34675 per week

₽23787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14543
-₽5111
₽100007
₽129384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
361
income
-
-
-
64 114
pensions
-
-
-
4 055
accident
-
-
-
246
health
-
-
-
2 125
total
-
-
-
70 901
Employee
36 519
-
204 344
-
health
4 181
-
23 398
-
pensions
4 112
-
7 435
-
income
5 010
-
50 289
-
total
13 303
-
81 122
-
Employer
36 519
-
204 344
-
accident
610
-
3 412
-
pensions
5 938
-
10 737
-
unemployment
895
-
5 007
-
total
7 443
-
19 156
-
Corporate
179 539
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.

161 585
201 150
-
-
total
161 585
201 150
-
-
Dividends
17 954
22 350
-
-
withholding
3 411
4 246
-
-
total
3 411
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
185 742
205 396
100 278
70 901
After tax
37 758
18 104
123 222
152 599
Living cost
23 215
23 215
23 215
23 215
Free-cash
14 543
-5 111
100 007
129 384

Estimated living cost  is ₽23215 per week

₽17037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155249
₽158127
₽152036
₽131115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 826
income
-
-
-
37 695
pensions
-
-
-
27 994
health insurance
-
-
-
11 259
work injury
-
-
-
761
total
-
-
-
79 535
Employee

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

20 561
-
223 500
-
health insurance
1 521
-
5 629
-
unemployment
247
-
913
-
work injury
103
-
380
-
pensions
3 783
-
13 997
-
income
2 056
-
37 695
-
total
7 710
-
58 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 939
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%.

20 294
22 350
-
-
total
20 294
22 350
-
-
Dividends
182 645
201 150
-
-
withholding
27 397
30 173
-
-
total
27 397
30 173
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 401
52 523
58 614
79 535
After tax
168 099
170 977
164 886
143 965
Living cost
12 850
12 850
12 850
12 850
Free-cash
155 249
158 127
152 036
131 115

Estimated living cost  is ₽12850 per week

₽7961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75496
₽79822
₽59746
₽67562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 538
social contributions
-
-
-
47 617
municipal
-
-
-
1 583
national
-
-
-
63 298
total
-
-
-
118 036
Employee
80 171
-
223 500
-
national
13 548
-
56 930
-
regional
1 210
-
5 045
-
municipal
478
-
1 450
-
social contributions
27 033
-
62 427
-
total
42 269
-
125 852
-
Employer
80 171
-
223 500
-
total
-
-
-
-
Corporate
143 329
223 500
-
-
nationa
34 399
53 640
-
-
municipal
6 908
10 773
-
-
total
41 307
64 413
-
-
Dividends
102 022
159 087
-
-
withholding
26 526
41 363
-
-
total
26 526
41 363
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 102
105 776
125 852
118 036
After tax
113 398
117 724
97 648
105 464
Living cost
37 902
37 902
37 902
37 902
Free-cash
75 496
79 822
59 746
67 562

Estimated living cost  is ₽37902 per week

₽26623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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