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
₽82343
₽107944
₽80069
₽93409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
74 327
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.

-
-
-
4 088
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.

-
-
-
6 835
trade
-
-
-
27 875
total
-
-
-
113 125
Employee

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

38 269
-
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.

59
-
4 088
-
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.

1 069
-
74 327
-
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.

6 835
-
6 835
-
total
7 963
-
85 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 231
223 500
-
-
income
27 784
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.

1 528
1 844
-
-
chamber of commerce
418
473
-
-
trade
29 174
35 200
-
-
total
58 904
71 043
-
-
Dividends
126 327
152 458
-
-
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.

1 716
2 075
-
-
withholding
31 202
37 733
-
-
total
32 918
39 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
99 785
110 851
85 250
113 125
After tax
123 715
112 649
138 250
110 375
Living cost
30 306
30 306
30 306
30 306
Free-cash
93 409
82 343
107 944
80 069

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86413
₽76332
₽75132
₽85531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
2 403
municipal
-
-
-
24 762
national
-
-
-
41 332
pensions
-
-
-
26 820
total
-
-
-
95 317
Employee
82 238
-
193 214
-
municipal
10 158
-
25 627
-
pensions
3 290
-
7 729
-
national
15 740
-
43 227
-
total
29 188
-
76 583
-
Employer
82 238
-
193 214
-
pensions
6 579
-
15 457
-
social contributions
884
-
2 077
-
total
7 463
-
17 534
-
Corporate
128 371
223 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

25 674
44 700
-
-
total
25 674
44 700
-
-
Dividends
102 697
178 800
-
-
withholding
22 593
39 336
-
-
total
22 593
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 918
84 036
94 117
95 317
After tax
138 582
139 464
129 383
128 183
Living cost
53 051
53 051
53 051
53 051
Free-cash
85 531
86 413
76 332
75 132

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157984
₽76274
₽60372
₽149777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
223 500
income
-
-
-
46 985
surtax
-
-
-
56 992
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
142 312
Employee
29 236
-
175 472
-
surtax
-
-
25 443
-
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.

3 216
-
13 116
-
income
5 204
-
39 823
-
total
8 420
-
78 382
-
Employer
29 236
-
175 472
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
19 302
-
total
7 042
-
48 028
-
Corporate
187 221
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%.

37 445
44 700
-
-
total
37 445
44 700
-
-
Dividends

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

149 777
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 907
44 700
126 410
142 312
After tax
170 593
178 800
97 090
81 188
Living cost
20 816
20 816
20 816
20 816
Free-cash
149 777
157 984
76 274
60 372

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69443
₽101028
₽78188
₽63313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
79 337
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
103 398
Employee
85 442
85 442
204 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
37 903
-
health
13 114
11 155
12 338
-
total
42 480
36 864
61 964
-
Employer
85 442
85 442
204 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
124 144
123 096
-
-
income
24 830
24 619
-
-
total
24 830
24 619
-
-
Dividends
99 314
98 477
-
-
income
21 104
20 926
-
-
withholding
14 897
14 772
-
-
total
36 001
35 698
-
-
Income
223 500
223 500
223 500
223 500
Total tax
118 273
112 143
80 558
103 398
After tax
105 227
111 357
142 942
120 102
Living cost
41 914
41 914
41 914
41 914
Free-cash
63 313
69 443
101 028
78 188

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80930
₽70073
₽71070
₽80008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
58 866
national
-
-
-
26 367
pensions
-
-
-
9 738
total
-
-
-
111 329
Employee
58 565
-
195 197
-
municipal
17 464
-
58 208
-
national
-
-
25 815
-
total
17 464
-
84 023
-
Employer
58 565
-
195 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
146 534
223 500
-
-
income
32 237
49 170
-
-
total
32 237
49 170
-
-
Dividends
114 296
174 330
-
-
withholding
34 289
52 299
-
-
total
34 289
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 391
101 469
112 326
111 329
After tax
121 109
122 031
111 174
112 171
Living cost
41 101
41 101
41 101
41 101
Free-cash
80 008
80 930
70 073
71 070

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72193
₽98945
₽69832
₽86252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
74 327
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.

-
-
-
4 088
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.

-
-
-
6 835
trade
-
-
-
29 113
total
-
-
-
114 363
Employee

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

50 740
-
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.

239
-
4 088
-
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.

4 359
-
74 327
-
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.

6 835
-
6 835
-
total
11 433
-
85 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 760
223 500
-
-
income
25 914
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.

1 426
1 844
-
-
chamber of commerce
397
469
-
-
trade
28 420
36 765
-
-
total
56 157
72 604
-
-
Dividends
116 604
150 897
-
-
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.

1 582
2 054
-
-
withholding
28 771
37 344
-
-
total
30 353
39 398
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 943
112 002
85 250
114 363
After tax
125 557
111 498
138 250
109 137
Living cost
39 305
39 305
39 305
39 305
Free-cash
86 252
72 193
98 945
69 832

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130439
₽116103
₽117943
₽126288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
51 216
social contributions
-
-
-
16 188
health
-
-
-
5 700
total
-
-
-
73 104
Employee
76 937
76 937
210 984
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
50 227
-
health
765
1 308
3 587
-
total
12 583
14 815
62 427
-
Employer
76 937
76 937
210 984
-
health
834
1 424
3 904
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 517
-
Corporate
173 892
138 754
-
-
income
21 737
17 345
-
-
total
21 737
17 345
-
-
Dividends
152 156
121 409
-
-
withholding
25 866
20 639
-
-
total
25 866
20 639
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 759
60 608
74 944
73 104
After tax
158 741
162 892
148 556
150 396
Living cost
32 453
32 453
32 453
32 453
Free-cash
126 288
130 439
116 103
117 943

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107086
₽111194
₽136459
₽107467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
27 323
unemployment
-
-
-
3 352
health
-
-
-
15 645
pensions
-
-
-
22 350
total
-
-
-
68 670
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
187 029
-
unemployment
398
158
2 805
-
pensions
2 652
1 055
18 703
-
income
3 242
1 290
22 864
-
health
1 856
739
13 092
-
total
8 148
3 242
57 464
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
187 029
-
pensions
5 171
2 058
36 471
-
total
5 171
2 058
36 471
-
Corporate
191 809
210 887
-
-
income
17 263
18 980
-
-
total
17 263
18 980
-
-
Dividends
174 546
191 908
-
-
social contributions
33 916
37 301
-
-
withholding
33 164
36 462
-
-
total
67 080
73 763
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 662
98 043
93 935
68 670
After tax
125 838
125 457
129 565
154 830
Living cost
18 371
18 371
18 371
18 371
Free-cash
107 467
107 086
111 194
136 459

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154633
₽104653
₽95631
₽148416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 948
health
-
-
-
29 054
pensions
-
-
-
44 700
total
-
-
-
103 702
Employee
28 384
-
167 040
-
unemployment
454
-
2 673
-
pensions
568
-
3 340
-
income
3 196
-
32 206
-
total
4 218
-
38 219
-
Employer
28 384
-
167 040
-
health
3 689
-
21 716
-
pensions
5 677
-
33 408
-
unemployment
228
-
1 337
-
total
9 594
-
56 461
-
Corporate
185 522
223 500
-
-
income
37 105
44 700
-
-
total
37 105
44 700
-
-
Dividends
148 417
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 917
44 700
94 680
103 702
After tax
172 583
178 800
128 820
119 798
Living cost
24 167
24 167
24 167
24 167
Free-cash
148 416
154 633
104 653
95 631

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4199
₽100677
₽130321
₽14683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
256
income
-
-
-
63 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 877
Employee
35 083
-
203 929
-
pensions
3 950
-
7 734
-
income
4 813
-
49 866
-
health
4 017
-
23 350
-
total
12 780
-
80 950
-
Employer
35 083
-
203 929
-
pensions
5 705
-
11 169
-
accident
586
-
3 406
-
unemployment
859
-
4 996
-
total
7 150
-
19 571
-
Corporate
181 268
223 500
-
-
income

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

163 141
201 150
-
-
total
163 141
201 150
-
-
Dividends
18 127
22 350
-
-
withholding
3 444
4 247
-
-
total
3 444
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
186 515
205 397
100 521
70 877
After tax
36 985
18 103
122 979
152 623
Living cost
22 302
22 302
22 302
22 302
Free-cash
14 683
-4 199
100 677
130 321

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204260
₽170735
₽213200
₽202748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
10 081
-
223 500
-
income
2 016
-
44 700
-
total
2 016
-
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%.

213 419
223 500
-
-
total
-
-
-
-
Dividends
213 419
223 500
-
-
withholding
10 671
11 175
-
-
total
10 671
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 687
11 175
44 700
2 235
After tax
210 813
212 325
178 800
221 265
Living cost
8 065
8 065
8 065
8 065
Free-cash
202 748
204 260
170 735
213 200

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137547
₽105522
₽107370
₽130786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
39 032
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
89 470
Employee
36 329
-
184 897
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
38 415
-
health
509
-
2 130
-
total
9 668
-
52 716
-
Employer
36 329
-
184 897
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 479
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 602
-
Corporate
178 016
223 500
-
-
income
37 384
46 934
-
-
total
37 384
46 934
-
-
Dividends
140 632
176 566
-
-
withholding
9 845
12 359
-
-
total
9 845
12 359
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 054
59 293
91 318
89 470
After tax
157 446
164 207
132 182
134 030
Living cost
26 660
26 660
26 660
26 660
Free-cash
130 786
137 547
105 522
107 370

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74709
₽58255
₽78214
₽82697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 059
pensions
-
-
-
9 899
total
-
-
-
78 958
Employee
93 844
-
194 789
-
pensions
9 053
-
11 819
-
income
16 916
-
55 753
-
health
1 546
-
2 634
-
total
27 515
-
70 206
-
Employer
93 844
-
194 789
-
health
1 782
-
3 700
-
pensions
11 080
-
25 011
-
total
12 862
-
28 711
-
Corporate
116 794
223 500
-
-
income

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

22 191
42 465
-
-
total
22 191
42 465
-
-
Dividends
94 603
181 035
-
-
withholding
11 907
39 998
-
-
total
11 907
39 998
-
-
Income
223 500
223 500
223 500
223 500
Total tax
74 475
82 463
98 917
78 958
After tax
149 025
141 037
124 583
144 542
Living cost
66 328
66 328
66 328
66 328
Free-cash
82 697
74 709
58 255
78 214

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽177979
₽176809
₽167533
₽173333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
42 854
Employee
17 364
-
216 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
21 664
-
health
799
-
1 607
-
total
4 251
-
26 723
-
Employer
17 364
-
216 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
202 729
223 500
-
-
income
20 273
22 350
-
-
total
20 273
22 350
-
-
Dividends
182 456
201 150
-
-
withholding
9 123
10 058
-
-
total
9 123
10 058
-
-
Income
223 500
223 500
223 500
223 500
Total tax
37 054
32 408
33 578
42 854
After tax
186 446
191 092
189 922
180 646
Living cost
13 113
13 113
13 113
13 113
Free-cash
173 333
177 979
176 809
167 533

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55875
₽87460
₽64620
₽58392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
79 337
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
103 398
Employee
92 763
85 442
204 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
37 903
-
health
11 573
11 155
12 338
-
total
37 282
36 864
61 964
-
Employer
92 763
85 442
204 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
114 495
123 096
-
-
income
22 899
24 619
-
-
total
22 899
24 619
-
-
Dividends
91 597
98 477
-
-
income
19 464
20 926
-
-
withholding
13 739
14 772
-
-
total
33 203
35 698
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 626
112 143
80 558
103 398
After tax
113 874
111 357
142 942
120 102
Living cost
55 482
55 482
55 482
55 482
Free-cash
58 392
55 875
87 460
64 620

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129020
₽96891
₽106608
₽120151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
23 633
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 453
health
-
-
-
30 173
total
-
-
-
92 032
Employee
36 559
-
176 947
-
solidarity contribution
-
-
1 581
-
social contributions
2 376
-
7 963
-
income
4 387
-
21 764
-
health
4 936
-
23 888
-
total
11 699
-
55 196
-
Employer
36 559
-
176 947
-
health
3 290
-
15 925
-
social contributions
9 140
-
30 628
-
total
12 430
-
46 553
-
Corporate
174 511
223 500
-
-
income
33 157
42 465
-
-
total
33 157
42 465
-
-
Dividends
141 354
181 035
-
-
withholding
21 203
27 155
-
-
total
21 203
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 489
69 620
101 749
92 032
After tax
145 011
153 880
121 751
131 468
Living cost
24 860
24 860
24 860
24 860
Free-cash
120 151
129 020
96 891
106 608

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77026
₽56910
₽65394
₽71803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
2 818
municipal
-
-
-
1 388
national
-
-
-
61 604
total
-
-
-
115 887
Employee
88 922
-
223 500
-
municipal
471
-
1 263
-
national
15 408
-
54 907
-
regional
839
-
2 549
-
social contributions
29 985
-
65 652
-
total
46 703
-
124 371
-
Employer
88 922
-
223 500
-
total
-
-
-
-
Corporate
134 578
223 500
-
-
municipal
5 248
8 717
-
-
nationa
32 299
53 641
-
-
total
37 547
62 358
-
-
Dividends
97 031
161 142
-
-
withholding
25 228
41 897
-
-
total
25 228
41 897
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 478
104 255
124 371
115 887
After tax
114 022
119 245
99 129
107 613
Living cost
42 219
42 219
42 219
42 219
Free-cash
71 803
77 026
56 910
65 394

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118502
₽76942
₽83061
₽115388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 137
other
-
-
-
-
surtax
-
-
-
11 808
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
118 360
Employee
33 087
-
195 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
10 612
-
income
5 546
-
64 154
-
health
845
-
3 404
-
total
11 008
-
96 371
-
Employer
33 087
-
195 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
183 448
223 500
-
-
income
47 696
58 110
-
-
total
47 696
58 110
-
-
Dividends
135 752
165 390
-
-
withholding
20 364
24 809
-
-
total
20 364
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 033
82 919
124 479
118 360
After tax
137 467
140 581
99 021
105 140
Living cost
22 079
22 079
22 079
22 079
Free-cash
115 388
118 502
76 942
83 061

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95724
₽79270
₽99229
₽102275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 059
pensions
-
-
-
9 899
total
-
-
-
78 958
Employee
62 892
-
194 789
-
pensions
5 338
-
11 819
-
income
11 327
-
55 753
-
health
913
-
2 634
-
total
17 578
-
70 206
-
Employer
62 892
-
194 789
-
health
1 195
-
3 700
-
pensions
6 808
-
25 011
-
total
8 003
-
28 711
-
Corporate
152 606
223 500
-
-
income

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

28 995
42 465
-
-
total
28 995
42 465
-
-
Dividends
123 611
181 035
-
-
withholding
21 336
39 998
-
-
total
21 336
39 998
-
-
Income
223 500
223 500
223 500
223 500
Total tax
75 912
82 463
98 917
78 958
After tax
147 588
141 037
124 583
144 542
Living cost
45 313
45 313
45 313
45 313
Free-cash
102 275
95 724
79 270
99 229

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22954
₽90044
₽98568
₽56862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 470
regional
-
-
-
12 314
health
-
-
-
503
city
-
-
-
2 355
national
-
-
-
5 483
pensions
-
-
-
20 561
total
-
-
-
45 686
Employee
92 738
-
200 944
-
unemployment
-
-
-
-
pensions
7 791
-
15 874
-
national
439
-
4 455
-
regional
3 037
-
10 913
-
city
995
-
2 170
-
health
210
-
452
-
total
12 472
-
33 864
-
Employer
92 738
-
200 944
-
health
210
-
452
-
pensions
7 791
-
15 874
-
unemployment
-
-
-
-
other

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

1 854
-
4 020
-
total
9 855
-
20 346
-
Corporate
119 887
223 500
-
-
regional
25 356
47 271
-
-
national
10 191
18 998
-
-
total
35 547
66 269
-
-
Dividends
84 340
157 232
-
-
withholding
29 518
55 031
-
-
total
29 518
55 031
-
-
Income
223 500
223 500
223 500
223 500
Total tax
87 392
121 300
54 210
45 686
After tax
136 108
102 200
169 290
177 814
Living cost
79 246
79 246
79 246
79 246
Free-cash
56 862
22 954
90 044
98 568

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64514
₽92415
₽62062
₽80740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
74 327
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.

-
-
-
4 088
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.

-
-
-
6 835
trade
-
-
-
30 353
total
-
-
-
115 603
Employee

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

60 131
-
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.

389
-
4 088
-
income

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

7 071
-
74 327
-
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.

6 835
-
6 835
-
total
14 295
-
85 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 369
223 500
-
-
income
24 505
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.

1 348
1 844
-
-
chamber of commerce
382
467
-
-
trade
28 017
38 329
-
-
total
54 252
74 166
-
-
Dividends
109 117
149 334
-
-
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.

1 479
2 032
-
-
withholding
26 899
36 953
-
-
total
28 378
38 985
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 925
113 151
85 250
115 603
After tax
126 575
110 349
138 250
107 897
Living cost
45 835
45 835
45 835
45 835
Free-cash
80 740
64 514
92 415
62 062

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78413
₽81763
₽88208
₽84322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
41 488
other
-
-
-
6 928
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
10 927
pensions
-
-
-
35 349
total
-
-
-
101 060
Employee
42 822
-
170 547
-
pensions
4 842
-
12 864
-
surtax
-
-
-
-
social contributions
1 221
-
4 859
-
income
2 527
-
36 829
-
total
8 590
-
54 552
-
Employer
42 822
-
170 547
-
health
2 998
-
16 972
-
pensions
7 035
-
21 481
-
unemployment
1 734
-
6 908
-
social contributions
129
-
511
-
other
1 477
-
7 081
-
total
13 373
-
52 953
-
Corporate
167 306
223 500
-
-
income
46 845
62 580
-
-
surtax
-
-
-
-
total
46 845
62 580
-
-
Dividends
120 460
160 920
-
-
surtax
-
-
-
-
social contributions
20 719
27 678
-
-
withholding
15 419
20 597
-
-
total
36 138
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 946
110 855
107 505
101 060
After tax
118 554
112 645
115 995
122 440
Living cost
34 232
34 232
34 232
34 232
Free-cash
84 322
78 413
81 763
88 208

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81805
₽85155
₽91600
₽87363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
41 488
other
-
-
-
6 928
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
10 927
pensions
-
-
-
35 349
total
-
-
-
101 060
Employee
38 224
-
170 547
-
pensions
4 323
-
12 864
-
surtax
-
-
-
-
social contributions
1 090
-
4 859
-
income
1 971
-
36 829
-
total
7 384
-
54 552
-
Employer
38 224
-
170 547
-
health
2 675
-
16 972
-
pensions
6 281
-
21 481
-
unemployment
1 547
-
6 908
-
social contributions
114
-
511
-
other
1 320
-
7 081
-
total
11 937
-
52 953
-
Corporate
173 338
223 500
-
-
income
48 535
62 580
-
-
surtax
-
-
-
-
total
48 535
62 580
-
-
Dividends
124 803
160 920
-
-
surtax
-
-
-
-
social contributions
21 467
27 678
-
-
withholding
15 974
20 597
-
-
total
37 441
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 297
110 855
107 505
101 060
After tax
118 203
112 645
115 995
122 440
Living cost
30 840
30 840
30 840
30 840
Free-cash
87 363
81 805
85 155
91 600

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and 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 Marseille model

Close
Vilnius , Lithuania
₽115139
₽116319
₽122315
₽115658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 526
social contributions
-
-
-
30 843
health
-
-
-
15 600
total
-
-
-
79 969
Employee
33 924
-
223 500
-
social contributions
4 682
-
30 843
-
income
5 658
-
39 522
-
health
2 368
-
15 600
-
total
12 708
-
85 965
-
Employer
33 924
-
223 500
-
total
-
-
-
-
Corporate
189 576
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%.

9 478
11 176
-
-
total
9 478
11 176
-
-
Dividends
180 097
212 324
-
-
social contributions
24 854
29 301
-
-
withholding
27 015
31 849
-
-
health
12 571
14 819
-
-
total
64 440
75 969
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 626
87 145
85 965
79 969
After tax
136 874
136 355
137 535
143 531
Living cost
21 216
21 216
21 216
21 216
Free-cash
115 658
115 139
116 319
122 315

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87956
₽23357
₽79268
₽86409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 183
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
894
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
108 977
Employee
50 003
39 873
184 713
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
59 703
-
health
1 935
1 544
4 523
-
total
14 747
10 162
80 873
-
Employer
50 003
39 873
184 713
-
chamber of commerce
199
159
739
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
5 540
-
other
2 375
1 893
8 197
-
total
14 584
11 672
38 786
-
Corporate
158 911
171 954
180 916
-
income

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

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

39 729
42 989
45 229
-
total
39 729
42 989
45 229
-
Dividends
119 183
128 965
-
-
withholding
32 776
35 466
-
-
total
32 776
35 466
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 836
100 289
164 888
108 977
After tax
121 664
123 211
58 612
114 523
Living cost
35 255
35 255
35 255
35 255
Free-cash
86 409
87 956
23 357
79 268

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86256
₽39579
₽60720
₽73412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal

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

-
-
-
11 913
social contributions
-
-
-
24 945
national
-
-
-
89 441
total
-
-
-
126 299
Employee

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

71 569
-
173 102
-
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.

623
-
1 506
-
communal

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

3 733
-
9 028
-
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.

5 368
-
12 983
-
national
22 003
-
65 401
-
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.

3 363
-
8 134
-
total
35 090
-
97 052
-
Employer

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

71 569
-
173 102
-
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.

4 401
-
10 644
-
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.

6 342
-
15 336
-
accident

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

930
-
2 252
-
unemployment

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

1 044
-
2 527
-
surtax
8 115
-
19 629
-
total
20 832
-
50 388
-
Corporate
131 098
223 500
-
-
income
26 219
47 726
-
-
surtax
524
955
-
-
total
26 743
48 681
-
-
Dividends
104 354
174 819
-
-
withholding

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

30 942
52 082
-
-
total
30 942
52 082
-
-
Income
223 500
223 500
223 500
223 500
Total tax
113 607
100 763
147 440
126 299
After tax
109 893
122 737
76 060
97 201
Living cost
36 481
36 481
36 481
36 481
Free-cash
73 412
86 256
39 579
60 720

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
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.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112273
₽84567
₽88766
₽105419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
835
income
-
-
-
70 779
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
98 600
Employee
49 805
-
193 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
67 345
-
total
13 671
-
73 234
-
Employer
49 805
-
193 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
157 820
223 500
-
-
income

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

23 673
33 526
-
-
total
23 673
33 526
-
-
Dividends
134 147
189 974
-
-
withholding
28 728
41 567
-
-
total
28 728
41 567
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 947
75 093
102 799
98 600
After tax
141 553
148 407
120 701
124 900
Living cost
36 134
36 134
36 134
36 134
Free-cash
105 419
112 273
84 567
88 766

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72326
₽59744
₽50834
₽58573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal
-
-
-
14 125
accident
-
-
-
1 884
income
-
-
-
41 999
surtax
-
-
-
11 081
health
-
-
-
15 702
pensions
-
-
-
33 501
total
-
-
-
118 292
Employee
75 770
-
199 643
-
pensions
6 061
-
15 972
-
surtax
4 644
-
12 235
-
income
7 319
-
48 434
-
health
3 372
-
8 884
-
total
21 396
-
85 525
-
Employer
75 770
-
199 643
-
health
2 311
-
6 089
-
pensions
6 061
-
15 972
-
accident
682
-
1 796
-
total
9 054
-
23 857
-
Corporate
138 677
223 500
-
-
communal
9 361
15 085
-
-
income
20 802
33 526
-
-
surtax
1 456
2 347
-
-
total
31 619
50 958
-
-
Dividends
107 057
172 542
-
-
income
32 425
19 961
-
-
withholding
16 059
25 881
-
-
total
48 484
45 842
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 553
96 800
109 382
118 292
After tax
112 947
126 700
114 118
105 208
Living cost
54 374
54 374
54 374
54 374
Free-cash
58 573
72 326
59 744
50 834

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118108
₽76548
₽82667
₽114926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 137
other
-
-
-
-
surtax
-
-
-
11 808
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
118 360
Employee
33 695
-
195 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
10 612
-
income
5 649
-
64 154
-
health
860
-
3 404
-
total
11 222
-
96 371
-
Employer
33 695
-
195 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
182 712
223 500
-
-
income
47 506
58 110
-
-
total
47 506
58 110
-
-
Dividends
135 206
165 390
-
-
withholding
20 280
24 809
-
-
total
20 280
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 101
82 919
124 479
118 360
After tax
137 399
140 581
99 021
105 140
Living cost
22 473
22 473
22 473
22 473
Free-cash
114 926
118 108
76 548
82 667

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90523
₽71522
₽79958
₽88305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
3 521
municipal
-
-
-
1 388
national
-
-
-
61 604
total
-
-
-
116 590
Employee
55 502
-
223 500
-
municipal
294
-
1 263
-
national
8 793
-
54 907
-
regional
747
-
3 204
-
social contributions
18 716
-
65 652
-
total
28 550
-
125 026
-
Employer
55 502
-
223 500
-
total
-
-
-
-
Corporate
167 998
223 500
-
-
municipal
8 349
11 108
-
-
nationa
40 319
53 641
-
-
total
48 668
64 749
-
-
Dividends
119 330
158 752
-
-
withholding
31 025
41 276
-
-
total
31 025
41 276
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 243
106 025
125 026
116 590
After tax
115 257
117 475
98 474
106 910
Living cost
26 952
26 952
26 952
26 952
Free-cash
88 305
90 523
71 522
79 958

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123246
₽91117
₽100834
₽112316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
23 633
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 453
health
-
-
-
30 173
total
-
-
-
92 032
Employee
45 050
-
176 947
-
solidarity contribution
-
-
1 581
-
social contributions
2 928
-
7 963
-
income
5 406
-
21 764
-
health
6 082
-
23 888
-
total
14 416
-
55 196
-
Employer
45 050
-
176 947
-
health
4 055
-
15 925
-
social contributions
11 263
-
30 628
-
total
15 318
-
46 553
-
Corporate
163 132
223 500
-
-
income
30 995
42 465
-
-
total
30 995
42 465
-
-
Dividends
132 137
181 035
-
-
withholding
19 821
27 155
-
-
total
19 821
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 550
69 620
101 749
92 032
After tax
142 950
153 880
121 751
131 468
Living cost
30 634
30 634
30 634
30 634
Free-cash
112 316
123 246
91 117
100 834

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91398
₽26739
₽82799
₽90900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 183
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
894
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
108 780
Employee
43 737
39 873
184 895
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
59 791
-
health
1 692
1 544
4 523
-
total
11 816
10 162
80 961
-
Employer
43 737
39 873
184 895
-
chamber of commerce
175
159
741
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
5 546
-
other
2 077
1 893
8 204
-
total
12 587
11 475
38 604
-
Corporate
167 177
172 151
181 098
-
income

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

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

41 795
43 038
45 275
-
total
41 795
43 038
45 275
-
Dividends
125 382
129 113
-
-
withholding
34 481
35 506
-
-
total
34 481
35 506
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 679
100 181
164 840
108 780
After tax
122 821
123 319
58 660
114 720
Living cost
31 921
31 921
31 921
31 921
Free-cash
90 900
91 398
26 739
82 799

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199757
₽166232
₽208697
₽197400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 710
-
223 500
-
income
3 142
-
44 700
-
total
3 142
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

207 790
223 500
-
-
total
-
-
-
-
Dividends
207 790
223 500
-
-
withholding
10 390
11 175
-
-
total
10 390
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 532
11 175
44 700
2 235
After tax
209 968
212 325
178 800
221 265
Living cost
12 568
12 568
12 568
12 568
Free-cash
197 400
199 757
166 232
208 697

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127043
₽72242
₽77094
₽118673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
223 500
income
-
-
-
56 423
unemployment
-
-
-
336
health
-
-
-
21 993
pensions
-
-
-
40 817
total
-
-
-
119 569
Employee

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

44 244
-
193 388
-
unemployment
63
-
272
-
pensions
6 858
-
29 975
-
income
7 630
-
51 570
-
health
2 858
-
12 494
-
total
17 409
-
94 311
-
Employer

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

44 244
-
193 388
-
health
2 947
-
12 879
-
pensions
3 915
-
17 115
-
unemployment
27
-
116
-
total
6 889
-
30 110
-
Corporate
172 367
223 500
-
-
income
32 749
42 465
-
-
total
32 749
42 465
-
-
Dividends
139 618
181 035
-
-
withholding
20 943
27 155
-
-
total
20 943
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 990
69 620
124 421
119 569
After tax
145 510
153 880
99 079
103 931
Living cost
26 837
26 837
26 837
26 837
Free-cash
118 673
127 043
72 242
77 094

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92166
₽166332
₽110645
₽43870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 565
social contributions
-
-
-
25 479
total
-
-
-
69 044
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
72 108
223 500
-
-
income
15 864
49 170
-
-
total
15 864
49 170
-
-
Dividends
56 244
174 330
-
-
income
12 374
38 353
-
-
total
12 374
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
135 819
87 523
13 357
69 044
After tax
87 681
135 977
210 143
154 456
Living cost
43 811
43 811
43 811
43 811
Free-cash
43 870
92 166
166 332
110 645

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95743
₽67885
₽85278
₽94736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income
-
-
-
29 171
surtax
-
-
-
-
social contributions

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

-
-
-
77 667
total
-
-
-
106 838
Employee
46 017
-
180 606
-
surtax
-
-
220
-
social contributions
5 062
-
19 866
-
income
9 572
-
61 251
-
total
14 634
-
81 337
-
Employer
46 017
-
180 606
-
social contributions
10 929
-
42 894
-
total
10 929
-
42 894
-
Corporate
166 554
223 500
-
-
income
34 976
46 934
-
-
surtax
-
-
-
-
total
34 976
46 934
-
-
Dividends
131 577
176 566
-
-
withholding
36 841
49 439
-
-
total
36 841
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 380
96 373
124 231
106 838
After tax
126 120
127 127
99 269
116 662
Living cost
31 384
31 384
31 384
31 384
Free-cash
94 736
95 743
67 885
85 278

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64320
₽67670
₽74115
₽71194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
41 488
other
-
-
-
6 928
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
10 927
pensions
-
-
-
35 349
total
-
-
-
101 060
Employee
62 666
-
170 547
-
pensions
7 088
-
12 864
-
surtax
-
-
-
-
social contributions
1 785
-
4 859
-
income
5 468
-
36 829
-
total
14 341
-
54 552
-
Employer
62 666
-
170 547
-
health
4 386
-
16 972
-
pensions
10 297
-
21 481
-
unemployment
2 539
-
6 908
-
social contributions
188
-
511
-
other
2 163
-
7 081
-
total
19 573
-
52 953
-
Corporate
141 262
223 500
-
-
income
39 554
62 580
-
-
surtax
-
-
-
-
total
39 554
62 580
-
-
Dividends
101 708
160 920
-
-
surtax
-
-
-
-
social contributions
17 493
27 678
-
-
withholding
13 020
20 597
-
-
total
30 513
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
103 981
110 855
107 505
101 060
After tax
119 519
112 645
115 995
122 440
Living cost
48 325
48 325
48 325
48 325
Free-cash
71 194
64 320
67 670
74 115

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171074
₽138836
₽132899
₽167714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 356
social contributions
-
-
-
49 169
total
-
-
-
60 525
Employee
32 166
-
193 506
-
income
-
-
12 017
-
social contributions
2 090
-
12 577
-
total
2 090
-
24 594
-
Employer
32 166
-
193 506
-
social contributions
4 986
-
29 994
-
total
4 986
-
29 994
-
Corporate
186 348
223 500
-
-
income
18 634
22 350
-
-
total
18 634
22 350
-
-
Dividends
167 714
201 150
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 710
22 350
54 588
60 525
After tax
197 790
201 150
168 912
162 975
Living cost
30 076
30 076
30 076
30 076
Free-cash
167 714
171 074
138 836
132 899

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5617
₽5617
₽80918
₽3198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
labour market
-
-
-
17 811
municipal
-
-
-
47 962
national
-
-
-
27 781
pensions
-
-
-
867
total
-
-
-
94 421
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
5 617
-
-
-
income
1 236
-
-
-
total
1 236
-
-
-
Dividends
4 381
-
-
-
withholding
1 183
-
-
-
total
1 183
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
172 141
169 722
169 722
94 421
After tax
51 359
53 778
53 778
129 079
Living cost
48 161
48 161
48 161
48 161
Free-cash
3 198
5 617
5 617
80 918

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3870
₽101006
₽130650
₽14734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
256
income
-
-
-
63 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 877
Employee
34 565
-
203 929
-
pensions
3 892
-
7 734
-
income
4 742
-
49 866
-
health
3 958
-
23 350
-
total
12 592
-
80 950
-
Employer
34 565
-
203 929
-
pensions
5 620
-
11 169
-
accident
577
-
3 406
-
unemployment
847
-
4 996
-
total
7 044
-
19 571
-
Corporate
181 890
223 500
-
-
income

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

163 701
201 150
-
-
total
163 701
201 150
-
-
Dividends
18 189
22 350
-
-
withholding
3 456
4 247
-
-
total
3 456
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
186 793
205 397
100 521
70 877
After tax
36 707
18 103
122 979
152 623
Living cost
21 973
21 973
21 973
21 973
Free-cash
14 734
-3 870
101 006
130 650

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98701
₽73275
₽98874
₽101789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
223 500
health
-
-
-
3 025
municipal
-
-
-
39 685
national
-
-
-
43 502
total
-
-
-
86 212
Employee
52 641
-
188 021
-
municipal
8 622
-
30 605
-
unemployment
790
-
2 820
-
pensions
3 553
-
12 691
-
national
870
-
27 737
-
health
393
-
2 478
-
total
14 228
-
76 331
-
Employer
52 641
-
188 021
-
health
404
-
1 447
-
pensions
9 133
-
32 622
-
accident
53
-
188
-
unemployment
342
-
1 223
-
total
9 932
-
35 480
-
Corporate
160 927
223 500
-
-
income
32 185
44 700
-
-
total
32 185
44 700
-
-
Dividends

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

96 556
134 100
-
-
municipal
17 381
24 138
-
-
national
9 571
17 547
-
-
total
26 952
41 685
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 297
86 385
111 811
86 212
After tax
140 203
137 115
111 689
137 288
Living cost
38 414
38 414
38 414
38 414
Free-cash
101 789
98 701
73 275
98 874

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139727
₽125391
₽127231
₽134283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
51 216
social contributions
-
-
-
16 188
health
-
-
-
5 700
total
-
-
-
73 104
Employee
76 937
76 937
210 984
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
50 227
-
health
596
1 308
3 587
-
total
11 882
14 815
62 427
-
Employer
76 937
76 937
210 984
-
health
647
1 424
3 904
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 517
-
Corporate
184 896
138 754
-
-
income
23 111
17 345
-
-
total
23 111
17 345
-
-
Dividends
161 785
121 409
-
-
withholding
27 503
20 639
-
-
total
27 503
20 639
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 052
60 608
74 944
73 104
After tax
157 448
162 892
148 556
150 396
Living cost
23 165
23 165
23 165
23 165
Free-cash
134 283
139 727
125 391
127 231

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169193
₽154402
₽174470
₽164105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
223 500
income
-
-
-
23 130
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
33 144
Employee

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

22 966
-
213 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
20 649
-
health
1 952
-
8 070
-
total
7 080
-
43 434
-
Employer

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

22 966
-
213 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
198 170
223 500
-
-
income
17 835
20 115
-
-
total
17 835
20 115
-
-
Dividends
180 336
203 385
-
-
withholding
16 230
18 306
-
-
total
16 230
18 306
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 509
38 421
53 212
33 144
After tax
179 991
185 079
170 288
190 356
Living cost
15 886
15 886
15 886
15 886
Free-cash
164 105
169 193
154 402
174 470

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120893
₽93187
₽97386
₽116476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
835
income
-
-
-
70 779
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
98 600
Employee
36 996
-
193 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
67 345
-
total
9 481
-
73 234
-
Employer
36 996
-
193 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
174 709
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.

26 206
33 526
-
-
total
26 206
33 526
-
-
Dividends
148 503
189 974
-
-
withholding
32 029
41 567
-
-
total
32 029
41 567
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 510
75 093
102 799
98 600
After tax
143 990
148 407
120 701
124 900
Living cost
27 514
27 514
27 514
27 514
Free-cash
116 476
120 893
93 187
97 386

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137524
₽142058
₽142196
₽137205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
76 923
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
79 364
Employee
2 954
-
221 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
76 849
-
health
148
-
354
-
total
1 015
-
77 911
-
Employer
2 954
-
221 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
219 881
223 500
-
-
income
48 374
49 170
-
-
total
48 374
49 170
-
-
Dividends
171 507
174 330
-
-
withholding
34 301
34 866
-
-
total
34 301
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 355
84 036
79 502
79 364
After tax
139 145
139 464
143 998
144 136
Living cost
1 940
1 940
1 940
1 940
Free-cash
137 205
137 524
142 058
142 196

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144177
₽126553
₽126554
₽139253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
223 500
income
-
-
-
51 696
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
79 644
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 090
-
210 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
51 696
-
health
1 344
-
3 808
-
total
8 789
-
66 410
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 090
-
210 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
192 740
223 500
-
-
income
28 911
33 525
-
-
total
28 911
33 525
-
-
Dividends
163 829
189 975
-
-
withholding
24 574
28 496
-
-
total
24 574
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 945
62 021
79 645
79 644
After tax
156 555
161 479
143 855
143 856
Living cost
17 302
17 302
17 302
17 302
Free-cash
139 253
144 177
126 553
126 554

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽100153
₽72295
₽89688
₽99793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income
-
-
-
29 171
surtax
-
-
-
-
social contributions

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

-
-
-
77 667
total
-
-
-
106 838
Employee
38 833
-
180 606
-
surtax
-
-
220
-
social contributions
4 272
-
19 866
-
income
7 588
-
61 251
-
total
11 860
-
81 337
-
Employer
38 833
-
180 606
-
social contributions
9 222
-
42 894
-
total
9 222
-
42 894
-
Corporate
175 445
223 500
-
-
income
36 843
46 934
-
-
surtax
-
-
-
-
total
36 843
46 934
-
-
Dividends
138 602
176 566
-
-
withholding
38 808
49 439
-
-
total
38 808
49 439
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 733
96 373
124 231
106 838
After tax
126 767
127 127
99 269
116 662
Living cost
26 974
26 974
26 974
26 974
Free-cash
99 793
100 153
72 295
89 688

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113244
₽85537
₽89736
₽106696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
835
income
-
-
-
70 779
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
98 600
Employee
48 322
-
193 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
67 345
-
total
13 159
-
73 234
-
Employer
48 322
-
193 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
159 772
223 500
-
-
income

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

23 966
33 526
-
-
total
23 966
33 526
-
-
Dividends
135 807
189 974
-
-
withholding
29 109
41 567
-
-
total
29 109
41 567
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 640
75 093
102 799
98 600
After tax
141 860
148 407
120 701
124 900
Living cost
35 164
35 164
35 164
35 164
Free-cash
106 696
113 244
85 537
89 736

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173887
₽172717
₽163441
₽167793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
42 854
Employee
22 782
-
216 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
21 664
-
health
1 048
-
1 607
-
total
5 577
-
26 723
-
Employer
22 782
-
216 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
196 248
223 500
-
-
income
19 624
22 350
-
-
total
19 624
22 350
-
-
Dividends
176 623
201 150
-
-
withholding
8 831
10 058
-
-
total
8 831
10 058
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 502
32 408
33 578
42 854
After tax
184 998
191 092
189 922
180 646
Living cost
17 205
17 205
17 205
17 205
Free-cash
167 793
173 887
172 717
163 441

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76316
₽99622
₽74225
₽89409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
74 327
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.

-
-
-
4 088
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.

-
-
-
6 835
trade
-
-
-
25 397
total
-
-
-
110 647
Employee

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

49 783
-
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.

226
-
4 088
-
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.

4 094
-
74 327
-
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.

6 835
-
6 835
-
total
11 155
-
85 250
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 717
223 500
-
-
income
26 058
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.

1 434
1 844
-
-
chamber of commerce
406
480
-
-
trade
24 928
32 073
-
-
total
52 826
67 923
-
-
Dividends
120 891
155 577
-
-
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.

1 640
2 119
-
-
withholding
29 842
38 514
-
-
total
31 482
40 633
-
-
Income
223 500
223 500
223 500
223 500
Total tax
95 463
108 556
85 250
110 647
After tax
128 037
114 944
138 250
112 853
Living cost
38 628
38 628
38 628
38 628
Free-cash
89 409
76 316
99 622
74 225

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99455
₽55262
₽55262
₽101665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
72 861
social contributions
-
-
-
38 382
total
-
-
-
111 243
Employee
78 265
-
223 500
-
income
14 768
-
72 861
-
social contributions
6 502
-
38 382
-
total
21 270
-
111 243
-
Employer
78 265
-
223 500
-
total
-
-
-
-
Corporate
145 235
223 500
-
-
income
18 154
27 938
-
-
total
18 154
27 938
-
-
Dividends
127 082
195 562
-
-
withholding
25 416
39 112
-
-
total
25 416
39 112
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 840
67 050
111 243
111 243
After tax
158 660
156 450
112 257
112 257
Living cost
56 995
56 995
56 995
56 995
Free-cash
101 665
99 455
55 262
55 262

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103669
₽119710
₽147635
₽107166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 019
total
-
-
-
39 545
Employee
45 899
-
218 898
-
income
4 980
-
58 266
-
social contributions
4 599
-
4 602
-
total
9 579
-
62 868
-
Employer
45 899
-
218 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
173 002
223 500
-
-
income
60 550
78 225
-
-
total
60 550
78 225
-
-
Dividends
112 452
145 275
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 014
83 511
67 470
39 545
After tax
143 486
139 989
156 030
183 955
Living cost
36 320
36 320
36 320
36 320
Free-cash
107 166
103 669
119 710
147 635

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104199
₽87745
₽107704
₽110072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
69 059
pensions
-
-
-
9 899
total
-
-
-
78 958
Employee
50 566
-
194 789
-
pensions
3 859
-
11 819
-
income
9 208
-
55 753
-
health
660
-
2 634
-
total
13 727
-
70 206
-
Employer
50 566
-
194 789
-
health
961
-
3 700
-
pensions
5 109
-
25 011
-
total
6 070
-
28 711
-
Corporate
166 864
223 500
-
-
income

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

31 705
42 465
-
-
total
31 705
42 465
-
-
Dividends
135 159
181 035
-
-
withholding
25 088
39 998
-
-
total
25 088
39 998
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 590
82 463
98 917
78 958
After tax
146 910
141 037
124 583
144 542
Living cost
36 838
36 838
36 838
36 838
Free-cash
110 072
104 199
87 745
107 704

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6046
₽98830
₽128474
₽14400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
256
income
-
-
-
63 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
70 877
Employee
37 987
-
203 929
-
pensions
4 277
-
7 734
-
income
5 211
-
49 866
-
health
4 349
-
23 350
-
total
13 837
-
80 950
-
Employer
37 987
-
203 929
-
pensions
6 176
-
11 169
-
accident
634
-
3 406
-
unemployment
931
-
4 996
-
total
7 741
-
19 571
-
Corporate
177 772
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.

159 995
201 150
-
-
total
159 995
201 150
-
-
Dividends
17 777
22 350
-
-
withholding
3 378
4 247
-
-
total
3 378
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
184 951
205 397
100 521
70 877
After tax
38 549
18 103
122 979
152 623
Living cost
24 149
24 149
24 149
24 149
Free-cash
14 400
-6 046
98 830
128 474

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157463
₽150421
₽128420
₽154437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
223 500
income
-
-
-
37 565
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
81 566
Employee

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

21 623
-
223 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
37 565
-
total
8 108
-
59 565
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 877
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%.

20 188
22 350
-
-
total
20 188
22 350
-
-
Dividends
181 689
201 150
-
-
withholding
27 253
30 173
-
-
total
27 253
30 173
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 549
52 523
59 565
81 566
After tax
167 951
170 977
163 935
141 934
Living cost
13 514
13 514
13 514
13 514
Free-cash
154 437
157 463
150 421
128 420

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77865
₽56740
₽64958
₽73313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 077
regional
-
-
-
5 441
municipal
-
-
-
1 561
national
-
-
-
61 604
total
-
-
-
118 683
Employee
84 312
-
223 500
-
municipal
503
-
1 420
-
national
14 248
-
54 907
-
regional
1 273
-
4 922
-
social contributions
28 430
-
65 652
-
total
44 454
-
126 901
-
Employer
84 312
-
223 500
-
total
-
-
-
-
Corporate
139 188
223 500
-
-
municipal
6 708
10 773
-
-
nationa
33 406
53 641
-
-
total
40 114
64 414
-
-
Dividends
99 074
159 086
-
-
withholding
25 760
41 362
-
-
total
25 760
41 362
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 328
105 776
126 901
118 683
After tax
113 172
117 724
96 599
104 817
Living cost
39 859
39 859
39 859
39 859
Free-cash
73 313
77 865
56 740
64 958

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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