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
₽80076
₽107957
₽93424
₽82363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
trade
-
-
-
27 881
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.

-
-
-
6 830
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.

-
-
-
74 341
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.

-
-
-
4 089
total
-
-
-
113 141
Employee

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

38 240
-
223 500
-
surtax

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

59
-
4 089
-
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.

1 068
-
74 341
-
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.

6 830
-
6 830
-
total
7 957
-
85 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 260
223 500
-
-
trade
29 178
35 202
-
-
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.

1 529
1 844
-
-
income
27 789
33 525
-
-
chamber of commerce
417
472
-
-
total
58 913
71 043
-
-
Dividends
126 346
152 456
-
-
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.

1 717
2 076
-
-
withholding
31 206
37 735
-
-
total
32 923
39 811
-
-
Income
223 500
223 500
223 500
223 500
Total tax
99 793
110 854
85 260
113 141
After tax
123 707
112 646
138 240
110 359
Living cost
30 283
30 283
30 283
30 283
Free-cash
93 424
82 363
107 957
80 076

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76897
₽78097
₽88176
₽89015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 826
national
-
-
-
42 105
pensions
-
-
-
26 820
total
-
-
-
96 154
Employee
78 206
-
193 214
-
pensions
3 128
-
7 729
-
national
14 969
-
44 000
-
municipal
9 660
-
25 691
-
total
27 757
-
77 420
-
Employer
78 206
-
193 214
-
pensions
6 256
-
15 457
-
social contributions
841
-
2 077
-
total
7 097
-
17 534
-
Corporate
133 036
223 500
-
-
income

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

26 607
44 700
-
-
total
26 607
44 700
-
-
Dividends
106 428
178 800
-
-
withholding
23 414
39 336
-
-
total
23 414
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 875
84 036
94 954
96 154
After tax
138 625
139 464
128 546
127 346
Living cost
50 449
50 449
50 449
50 449
Free-cash
88 176
89 015
78 097
76 897

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60399
₽76298
₽149799
₽158000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
223 500
social contributions

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

-
-
-
38 306
income
-
-
-
47 003
microenterprise
-
-
-
-
surtax
-
-
-
56 992
total
-
-
-
142 301
Employee
29 214
-
175 491
-
income
5 200
-
39 841
-
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.

3 214
-
13 106
-
surtax
-
-
25 446
-
total
8 414
-
78 393
-
Employer
29 214
-
175 491
-
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.

7 037
-
28 704
-
surtax
-
-
19 305
-
total
7 037
-
48 009
-
Corporate
187 249
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%.

37 450
44 700
-
-
total
37 450
44 700
-
-
Dividends

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

149 798
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 901
44 700
126 402
142 301
After tax
170 599
178 800
97 098
81 199
Living cost
20 800
20 800
20 800
20 800
Free-cash
149 799
158 000
76 298
60 399

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78211
₽101060
₽63352
₽69477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
health
-
-
-
12 329
income
-
-
-
79 364
pensions
-
-
-
11 714
total
-
-
-
103 407
Employee
85 378
85 378
204 920
-
income

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

13 975
13 975
37 935
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
61 978
-
Employer
85 378
85 378
204 920
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
124 219
123 172
-
-
income
24 843
24 634
-
-
total
24 843
24 634
-
-
Dividends
99 376
98 537
-
-
withholding
14 907
14 780
-
-
income
21 117
20 940
-
-
total
36 024
35 720
-
-
Income
223 500
223 500
223 500
223 500
Total tax
118 266
112 141
80 558
103 407
After tax
105 234
111 359
142 942
120 093
Living cost
41 882
41 882
41 882
41 882
Free-cash
63 352
69 477
101 060
78 211

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
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.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72998
₽72065
₽82713
₽83577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
59 367
health
-
-
-
5 259
national
-
-
-
28 267
pensions
-
-
-
9 110
total
-
-
-
112 048
Employee
54 793
-
197 020
-
national
-
-
27 751
-
municipal
16 339
-
58 751
-
total
16 339
-
86 502
-
Employer
54 793
-
197 020
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
151 491
223 500
-
-
income
33 328
49 170
-
-
total
33 328
49 170
-
-
Dividends
118 163
174 330
-
-
withholding
35 449
52 299
-
-
total
35 449
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 333
101 469
112 981
112 048
After tax
121 167
122 031
110 519
111 452
Living cost
38 454
38 454
38 454
38 454
Free-cash
82 713
83 577
72 065
72 998

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69845
₽98964
₽86270
₽72219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
trade
-
-
-
29 119
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.

-
-
-
6 830
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.

-
-
-
74 341
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.

-
-
-
4 089
total
-
-
-
114 379
Employee

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

50 701
-
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
-
4 089
-
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.

4 356
-
74 341
-
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.

6 830
-
6 830
-
total
11 425
-
85 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 799
223 500
-
-
trade
28 425
36 766
-
-
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.

1 425
1 844
-
-
income
25 921
33 525
-
-
chamber of commerce
398
471
-
-
total
56 169
72 606
-
-
Dividends
116 630
150 895
-
-
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
2 055
-
-
withholding
28 778
37 344
-
-
total
30 360
39 399
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 954
112 005
85 260
114 379
After tax
125 546
111 495
138 240
109 121
Living cost
39 276
39 276
39 276
39 276
Free-cash
86 270
72 219
98 964
69 845

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117961
₽116123
₽126317
₽130460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
5 699
income
-
-
-
51 236
total
-
-
-
73 111
Employee
76 879
76 879
210 991
-
income
8 073
7 117
50 246
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
3 588
-
total
12 574
14 805
62 440
-
Employer
76 879
76 879
210 991
-
health
833
1 423
3 903
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
12 509
-
Corporate
173 930
138 818
-
-
income
21 741
17 353
-
-
total
21 741
17 353
-
-
Dividends
152 189
121 465
-
-
withholding
25 871
20 650
-
-
total
25 871
20 650
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 755
60 612
74 949
73 111
After tax
158 745
162 888
148 551
150 389
Living cost
32 428
32 428
32 428
32 428
Free-cash
126 317
130 460
116 123
117 961

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136595
₽111330
₽107598
₽107217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
unemployment
-
-
-
3 352
health
-
-
-
15 645
income
-
-
-
27 323
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.

26 323
10 476
187 029
-
income
3 218
1 281
22 864
-
pensions
2 632
1 048
18 703
-
unemployment
395
157
2 805
-
health
1 843
733
13 092
-
total
8 088
3 219
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.

26 323
10 476
187 029
-
pensions
5 133
2 043
36 471
-
total
5 133
2 043
36 471
-
Corporate
192 044
210 981
-
-
income
17 284
18 988
-
-
total
17 284
18 988
-
-
Dividends
174 760
191 993
-
-
social contributions
33 958
37 319
-
-
withholding
33 204
36 479
-
-
total
67 162
73 798
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 667
98 048
93 935
68 670
After tax
125 833
125 452
129 565
154 830
Living cost
18 235
18 235
18 235
18 235
Free-cash
107 598
107 217
111 330
136 595

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95647
₽104674
₽148440
₽154651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
health
-
-
-
29 055
income
-
-
-
29 949
pensions
-
-
-
44 700
total
-
-
-
103 704
Employee
28 362
-
167 041
-
income
3 193
-
32 204
-
pensions
567
-
3 341
-
unemployment
453
-
2 673
-
total
4 213
-
38 218
-
Employer
28 362
-
167 041
-
pensions
5 673
-
33 409
-
health
3 686
-
21 714
-
unemployment
228
-
1 336
-
total
9 587
-
56 459
-
Corporate
185 551
223 500
-
-
income
37 111
44 700
-
-
total
37 111
44 700
-
-
Dividends
148 440
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 911
44 700
94 677
103 704
After tax
172 589
178 800
128 823
119 796
Living cost
24 148
24 148
24 148
24 148
Free-cash
148 440
154 651
104 674
95 647

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130698
₽101174
₽14743
-₽3810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 950
pensions
-
-
-
4 145
total
-
-
-
70 888
Employee
34 472
-
204 116
-
income
4 729
-
50 057
-
pensions
3 882
-
7 600
-
health
3 947
-
23 371
-
total
12 558
-
81 028
-
Employer
34 472
-
204 116
-
pensions
5 605
-
10 974
-
accident
575
-
3 409
-
unemployment
845
-
5 001
-
total
7 025
-
19 384
-
Corporate
182 003
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.

163 802
201 150
-
-
total
163 802
201 150
-
-
Dividends
18 200
22 350
-
-
withholding
3 458
4 246
-
-
total
3 458
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
186 843
205 396
100 412
70 888
After tax
36 657
18 104
123 088
152 612
Living cost
21 914
21 914
21 914
21 914
Free-cash
14 743
-3 810
101 174
130 698

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212254
₽169789
₽201625
₽203314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
223 500
-
income
2 252
-
44 700
-
total
2 252
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

212 237
223 500
-
-
total
-
-
-
-
Dividends
212 237
223 500
-
-
withholding
10 612
11 175
-
-
total
10 612
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 864
11 175
44 700
2 235
After tax
210 636
212 325
178 800
221 265
Living cost
9 011
9 011
9 011
9 011
Free-cash
201 625
203 314
169 789
212 254

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107416
₽105564
₽130815
₽137566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
39 044
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.

-
-
-
36 489
total
-
-
-
89 444
Employee
36 301
-
184 924
-
income
6 250
-
38 428
-
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.

2 540
-
10 642
-
unemployment
362
-
1 520
-
health
508
-
2 129
-
total
9 660
-
52 719
-
Employer
36 301
-
184 924
-
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.

6 172
-
25 847
-
other
1 816
-
7 601
-
accident
290
-
1 480
-
health
508
-
2 129
-
unemployment
362
-
1 520
-
total
9 148
-
38 577
-
Corporate
178 050
223 500
-
-
income
37 390
46 935
-
-
total
37 390
46 935
-
-
Dividends
140 660
176 565
-
-
withholding
9 847
12 359
-
-
total
9 847
12 359
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 045
59 294
91 296
89 444
After tax
157 455
164 206
132 204
134 056
Living cost
26 640
26 640
26 640
26 640
Free-cash
130 815
137 566
105 564
107 416

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
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.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77462
₽57489
₽82137
₽74036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
68 797
pensions
-
-
-
9 975
total
-
-
-
78 772
Employee
95 171
-
194 811
-
income
17 156
-
55 480
-
pensions
9 181
-
11 931
-
health
1 568
-
2 645
-
total
27 905
-
70 056
-
Employer
95 171
-
194 811
-
pensions
11 237
-
24 988
-
health
1 807
-
3 701
-
total
13 044
-
28 689
-
Corporate
115 284
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.

21 905
42 465
-
-
total
21 905
42 465
-
-
Dividends
93 380
181 035
-
-
withholding
11 243
39 733
-
-
total
11 243
39 733
-
-
Income
223 500
223 500
223 500
223 500
Total tax
74 097
82 198
98 745
78 772
After tax
149 403
141 302
124 755
144 728
Living cost
67 266
67 266
67 266
67 266
Free-cash
82 137
74 036
57 489
77 462

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽167537
₽176813
₽173337
₽177982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
33 525
pensions

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

-
-
-
5 170
total
-
-
-
42 852
Employee
17 361
-
216 647
-
income
1 736
-
21 665
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
26 723
-
Employer
17 361
-
216 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
202 732
223 500
-
-
income
20 273
22 350
-
-
total
20 273
22 350
-
-
Dividends
182 459
201 150
-
-
withholding
9 123
10 057
-
-
total
9 123
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
37 052
32 407
33 576
42 852
After tax
186 448
191 093
189 924
180 648
Living cost
13 111
13 111
13 111
13 111
Free-cash
173 337
177 982
176 813
167 537

Estimated living cost  is ₽13111 per week

₽7655
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.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64653
₽87502
₽58436
₽55919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
health
-
-
-
12 329
income
-
-
-
79 364
pensions
-
-
-
11 714
total
-
-
-
103 407
Employee
92 693
85 378
204 920
-
income

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

13 975
13 975
37 935
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
61 978
-
Employer
92 693
85 378
204 920
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
114 578
123 172
-
-
income
22 915
24 634
-
-
total
22 915
24 634
-
-
Dividends
91 663
98 537
-
-
withholding
13 750
14 780
-
-
income
19 477
20 940
-
-
total
33 227
35 720
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 624
112 141
80 558
103 407
After tax
113 876
111 359
142 942
120 093
Living cost
55 440
55 440
55 440
55 440
Free-cash
58 436
55 919
87 502
64 653

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
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.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108113
₽98304
₽121301
₽129867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 554
health
-
-
-
30 173
income
-
-
-
23 816
solidarity contribution
-
-
-
2 831
total
-
-
-
91 374
Employee
35 313
-
177 905
-
income
4 238
-
21 929
-
solidarity contribution
-
-
1 950
-
social contributions
2 295
-
7 692
-
health
4 767
-
24 017
-
total
11 300
-
55 588
-
Employer
35 313
-
177 905
-
health
3 178
-
16 011
-
social contributions
8 828
-
29 584
-
total
12 006
-
45 595
-
Corporate
176 180
223 500
-
-
income
33 474
42 465
-
-
total
33 474
42 465
-
-
Dividends
142 706
181 035
-
-
withholding
21 406
27 155
-
-
total
21 406
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
78 186
69 620
101 183
91 374
After tax
145 314
153 880
122 317
132 126
Living cost
24 013
24 013
24 013
24 013
Free-cash
121 301
129 867
98 304
108 113

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65438
₽56960
₽71839
₽77059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 039
municipal
-
-
-
1 387
national
-
-
-
61 629
regional
-
-
-
2 820
total
-
-
-
115 875
Employee
88 855
-
223 500
-
national
15 396
-
54 938
-
social contributions
29 962
-
65 602
-
municipal
471
-
1 264
-
regional
838
-
2 549
-
total
46 667
-
124 353
-
Employer
88 855
-
223 500
-
total
-
-
-
-
Corporate
134 645
223 500
-
-
nationa
32 314
53 640
-
-
municipal
5 252
8 716
-
-
total
37 566
62 356
-
-
Dividends
97 079
161 144
-
-
withholding
25 241
41 898
-
-
total
25 241
41 898
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 474
104 254
124 353
115 875
After tax
114 026
119 246
99 147
107 625
Living cost
42 187
42 187
42 187
42 187
Free-cash
71 839
77 059
56 960
65 438

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83075
₽76962
₽115409
₽118519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
70 161
surtax
-
-
-
11 814
pensions
-
-
-
26 687
total
-
-
-
118 363
Employee
33 062
-
195 413
-
income
5 542
-
64 181
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
10 619
-
total
11 000
-
96 389
-
Employer
33 062
-
195 413
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
183 478
223 500
-
-
income
47 705
58 110
-
-
total
47 705
58 110
-
-
Dividends
135 773
165 390
-
-
withholding
20 365
24 809
-
-
total
20 365
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 029
82 919
124 476
118 363
After tax
137 471
140 581
99 024
105 137
Living cost
22 062
22 062
22 062
22 062
Free-cash
115 409
118 519
76 962
83 075

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98774
₽78801
₽101993
₽95348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
68 797
pensions
-
-
-
9 975
total
-
-
-
78 772
Employee
63 781
-
194 811
-
income
11 487
-
55 480
-
pensions
5 414
-
11 931
-
health
926
-
2 645
-
total
17 827
-
70 056
-
Employer
63 781
-
194 811
-
pensions
6 904
-
24 988
-
health
1 212
-
3 701
-
total
8 116
-
28 689
-
Corporate
151 603
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.

28 805
42 465
-
-
total
28 805
42 465
-
-
Dividends
122 798
181 035
-
-
withholding
20 805
39 733
-
-
total
20 805
39 733
-
-
Income
223 500
223 500
223 500
223 500
Total tax
75 553
82 198
98 745
78 772
After tax
147 947
141 302
124 755
144 728
Living cost
45 954
45 954
45 954
45 954
Free-cash
101 993
95 348
78 801
98 774

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101634
₽93547
₽58964
₽26627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
503
city
-
-
-
2 356
national
-
-
-
5 834
regional
-
-
-
12 568
pensions
-
-
-
20 561
total
-
-
-
46 292
Employee
88 441
-
201 204
-
pensions
7 430
-
15 608
-
national
419
-
4 842
-
unemployment
-
-
-
-
city
949
-
2 178
-
health
200
-
452
-
regional
2 896
-
11 215
-
total
11 894
-
34 295
-
Employer
88 441
-
201 204
-
pensions
7 430
-
15 608
-
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.

1 768
-
4 024
-
health
200
-
452
-
unemployment
-
-
-
-
total
9 398
-
20 084
-
Corporate
124 688
223 500
-
-
regional
26 371
47 270
-
-
national
10 598
18 997
-
-
total
36 969
66 267
-
-
Dividends
87 720
157 234
-
-
withholding
30 701
55 032
-
-
total
30 701
55 032
-
-
Income
223 500
223 500
223 500
223 500
Total tax
88 962
121 299
54 379
46 292
After tax
134 538
102 201
169 121
177 208
Living cost
75 574
75 574
75 574
75 574
Free-cash
58 964
26 627
93 547
101 634

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62081
₽92439
₽80760
₽64547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
trade
-
-
-
30 358
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.

-
-
-
6 830
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.

-
-
-
74 341
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.

-
-
-
4 089
total
-
-
-
115 618
Employee

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

60 085
-
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
-
4 089
-
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.

7 065
-
74 341
-
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.

6 830
-
6 830
-
total
14 284
-
85 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 415
223 500
-
-
trade
28 025
38 331
-
-
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.

1 349
1 844
-
-
income
24 513
33 525
-
-
chamber of commerce
381
467
-
-
total
54 268
74 167
-
-
Dividends
109 147
149 333
-
-
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.

1 480
2 032
-
-
withholding
26 907
36 953
-
-
total
28 387
38 985
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 939
113 152
85 260
115 618
After tax
126 561
110 348
138 240
107 882
Living cost
45 801
45 801
45 801
45 801
Free-cash
80 760
64 547
92 439
62 081

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
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.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88219
₽81761
₽84343
₽78439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 369
health
-
-
-
10 930
income
-
-
-
41 512
surtax
-
-
-
-
pensions
-
-
-
35 335
total
-
-
-
101 075
Employee
42 789
-
170 539
-
income
2 525
-
36 844
-
pensions
4 838
-
12 869
-
social contributions
1 220
-
4 861
-
surtax
-
-
-
-
total
8 583
-
54 574
-
Employer
42 789
-
170 539
-
pensions
7 029
-
21 484
-
other
1 476
-
7 083
-
health
2 996
-
16 974
-
unemployment
1 732
-
6 906
-
social contributions
129
-
512
-
total
13 362
-
52 959
-
Corporate
167 348
223 500
-
-
surtax
-
-
-
-
income
46 857
62 580
-
-
total
46 857
62 580
-
-
Dividends
120 491
160 920
-
-
surtax
-
-
-
-
social contributions
20 726
27 678
-
-
withholding
15 423
20 597
-
-
total
36 149
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 951
110 855
107 533
101 075
After tax
118 549
112 645
115 967
122 425
Living cost
34 206
34 206
34 206
34 206
Free-cash
84 343
78 439
81 761
88 219

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91608
₽85150
₽87380
₽81828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 369
health
-
-
-
10 930
income
-
-
-
41 512
surtax
-
-
-
-
pensions
-
-
-
35 335
total
-
-
-
101 075
Employee
38 195
-
170 539
-
income
1 969
-
36 844
-
pensions
4 320
-
12 869
-
social contributions
1 089
-
4 861
-
surtax
-
-
-
-
total
7 378
-
54 574
-
Employer
38 195
-
170 539
-
pensions
6 276
-
21 484
-
other
1 319
-
7 083
-
health
2 673
-
16 974
-
unemployment
1 546
-
6 906
-
social contributions
114
-
512
-
total
11 928
-
52 959
-
Corporate
173 376
223 500
-
-
surtax
-
-
-
-
income
48 546
62 580
-
-
total
48 546
62 580
-
-
Dividends
124 831
160 920
-
-
surtax
-
-
-
-
social contributions
21 472
27 678
-
-
withholding
15 979
20 597
-
-
total
37 451
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 303
110 855
107 533
101 075
After tax
118 197
112 645
115 967
122 425
Living cost
30 817
30 817
30 817
30 817
Free-cash
87 380
81 828
85 150
91 608

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122334
₽116333
₽115674
₽115153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
30 842
health
-
-
-
15 599
income
-
-
-
33 525
total
-
-
-
79 966
Employee
33 899
-
223 500
-
income
5 654
-
39 526
-
social contributions
4 679
-
30 842
-
health
2 366
-
15 599
-
total
12 699
-
85 967
-
Employer
33 899
-
223 500
-
total
-
-
-
-
Corporate
189 601
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%.

9 481
11 175
-
-
total
9 481
11 175
-
-
Dividends
180 121
212 325
-
-
social contributions
24 856
29 302
-
-
health
12 573
14 820
-
-
withholding
27 017
31 850
-
-
total
64 446
75 972
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 626
87 147
85 967
79 966
After tax
136 874
136 353
137 533
143 534
Living cost
21 200
21 200
21 200
21 200
Free-cash
115 674
115 153
116 333
122 334

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79292
₽23382
₽86435
₽87984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
chamber of commerce
-
-
-
894
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
71 214
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
108 979
Employee
49 965
39 843
184 731
-
income
5 688
2 939
59 734
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
80 886
-
Employer
49 965
39 843
184 731
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
8 196
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
5 542
-
chamber of commerce
199
159
738
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
38 768
-
Corporate
158 960
171 993
180 936
-
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.

39 740
42 998
45 235
-
total
39 740
42 998
45 235
-
Dividends
119 220
128 995
-
-
withholding
32 785
35 473
-
-
total
32 785
35 473
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 836
100 287
164 889
108 979
After tax
121 664
123 213
58 611
114 521
Living cost
35 229
35 229
35 229
35 229
Free-cash
86 435
87 984
23 382
79 292

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
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.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60748
₽39590
₽73447
₽86275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 926
communal

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

-
-
-
11 915
national
-
-
-
89 457
total
-
-
-
126 298
Employee

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

71 515
-
173 110
-
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.

5 364
-
12 983
-
national
21 987
-
65 413
-
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.

622
-
1 506
-
communal

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

3 730
-
9 029
-
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.

3 360
-
8 136
-
total
35 063
-
97 067
-
Employer

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

71 515
-
173 110
-
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.

6 337
-
15 338
-
accident

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

930
-
2 250
-
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.

4 398
-
10 646
-
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
8 109
-
19 629
-
total
20 818
-
50 390
-
Corporate
131 168
223 500
-
-
surtax
526
954
-
-
income
26 234
47 739
-
-
total
26 760
48 693
-
-
Dividends
104 409
174 806
-
-
withholding

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

30 958
52 078
-
-
total
30 958
52 078
-
-
Income
223 500
223 500
223 500
223 500
Total tax
113 599
100 771
147 457
126 298
After tax
109 901
122 729
76 043
97 202
Living cost
36 454
36 454
36 454
36 454
Free-cash
73 447
86 275
39 590
60 748

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88791
₽84596
₽105451
₽112300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 802
pensions
-
-
-
26 224
total
-
-
-
98 603
Employee
49 767
-
193 957
-
income
10 501
-
67 370
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
73 255
-
Employer
49 767
-
193 957
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
157 870
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.

23 680
33 525
-
-
total
23 680
33 525
-
-
Dividends
134 190
189 975
-
-
withholding
28 738
41 569
-
-
total
28 738
41 569
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 943
75 094
102 798
98 603
After tax
141 557
148 406
120 702
124 897
Living cost
36 106
36 106
36 106
36 106
Free-cash
105 451
112 300
84 596
88 791

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50862
₽59774
₽58613
₽72354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
accident
-
-
-
1 884
health
-
-
-
15 704
income
-
-
-
42 013
communal
-
-
-
14 125
surtax
-
-
-
11 080
pensions
-
-
-
33 500
total
-
-
-
118 306
Employee
75 713
-
199 644
-
income
7 313
-
48 448
-
pensions
6 056
-
15 971
-
health
3 370
-
8 883
-
surtax
4 641
-
12 236
-
total
21 380
-
85 538
-
Employer
75 713
-
199 644
-
pensions
6 056
-
15 971
-
accident
681
-
1 797
-
health
2 309
-
6 088
-
total
9 046
-
23 856
-
Corporate
138 741
223 500
-
-
communal
9 365
15 087
-
-
surtax
1 457
2 347
-
-
income
20 811
33 525
-
-
total
31 633
50 959
-
-
Dividends
107 107
172 541
-
-
withholding
16 066
25 881
-
-
income
32 430
19 974
-
-
total
48 496
45 855
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 555
96 814
109 394
118 306
After tax
112 945
126 686
114 106
105 194
Living cost
54 332
54 332
54 332
54 332
Free-cash
58 613
72 354
59 774
50 862

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82681
₽76568
₽114946
₽118125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
70 161
surtax
-
-
-
11 814
pensions
-
-
-
26 687
total
-
-
-
118 363
Employee
33 669
-
195 413
-
income
5 644
-
64 181
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
10 619
-
total
11 212
-
96 389
-
Employer
33 669
-
195 413
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
182 743
223 500
-
-
income
47 514
58 110
-
-
total
47 514
58 110
-
-
Dividends
135 229
165 390
-
-
withholding
20 284
24 809
-
-
total
20 284
24 809
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 098
82 919
124 476
118 363
After tax
137 402
140 581
99 024
105 137
Living cost
22 456
22 456
22 456
22 456
Free-cash
114 946
118 125
76 568
82 681

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
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.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79993
₽71559
₽88323
₽90544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 039
municipal
-
-
-
1 387
national
-
-
-
61 629
regional
-
-
-
3 520
total
-
-
-
116 575
Employee
55 460
-
223 500
-
national
8 786
-
54 938
-
social contributions
18 701
-
65 602
-
municipal
294
-
1 264
-
regional
747
-
3 205
-
total
28 528
-
125 009
-
Employer
55 460
-
223 500
-
total
-
-
-
-
Corporate
168 040
223 500
-
-
nationa
40 331
53 640
-
-
municipal
8 352
11 109
-
-
total
48 683
64 749
-
-
Dividends
119 358
158 751
-
-
withholding
31 034
41 275
-
-
total
31 034
41 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 245
106 024
125 009
116 575
After tax
115 255
117 476
98 491
106 925
Living cost
26 932
26 932
26 932
26 932
Free-cash
88 323
90 544
71 559
79 993

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
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.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102536
₽92727
₽113733
₽124290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 554
health
-
-
-
30 173
income
-
-
-
23 816
solidarity contribution
-
-
-
2 831
total
-
-
-
91 374
Employee
43 515
-
177 905
-
income
5 222
-
21 929
-
solidarity contribution
-
-
1 950
-
social contributions
2 828
-
7 692
-
health
5 875
-
24 017
-
total
13 925
-
55 588
-
Employer
43 515
-
177 905
-
health
3 916
-
16 011
-
social contributions
10 879
-
29 584
-
total
14 795
-
45 595
-
Corporate
165 190
223 500
-
-
income
31 386
42 465
-
-
total
31 386
42 465
-
-
Dividends
133 804
181 035
-
-
withholding
20 071
27 155
-
-
total
20 071
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 177
69 620
101 183
91 374
After tax
143 323
153 880
122 317
132 126
Living cost
29 590
29 590
29 590
29 590
Free-cash
113 733
124 290
92 727
102 536

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82821
₽26762
₽90925
₽91424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
chamber of commerce
-
-
-
894
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
71 214
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
108 782
Employee
43 704
39 843
184 913
-
income
3 893
2 939
59 821
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
80 973
-
Employer
43 704
39 843
184 913
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
8 204
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
5 548
-
chamber of commerce
175
159
740
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
38 587
-
Corporate
167 219
172 190
181 119
-
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.

41 805
43 047
45 281
-
total
41 805
43 047
45 281
-
Dividends
125 415
129 143
-
-
withholding
34 489
35 513
-
-
total
34 489
35 513
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 678
100 179
164 841
108 782
After tax
122 822
123 321
58 659
114 718
Living cost
31 897
31 897
31 897
31 897
Free-cash
90 925
91 424
26 762
82 821

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207223
₽164758
₽195649
₽198283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
223 500
-
income
3 511
-
44 700
-
total
3 511
-
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%.

205 948
223 500
-
-
total
-
-
-
-
Dividends
205 948
223 500
-
-
withholding
10 298
11 175
-
-
total
10 298
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 809
11 175
44 700
2 235
After tax
209 691
212 325
178 800
221 265
Living cost
14 042
14 042
14 042
14 042
Free-cash
195 649
198 283
164 758
207 223

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77098
₽72243
₽118699
₽127062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
223 500
unemployment
-
-
-
336
health
-
-
-
21 993
income
-
-
-
56 441
pensions
-
-
-
40 816
total
-
-
-
119 586
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.

44 211
-
193 388
-
income
7 624
-
51 588
-
pensions
6 853
-
29 975
-
unemployment
63
-
271
-
health
2 855
-
12 494
-
total
17 395
-
94 328
-
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.

44 211
-
193 388
-
pensions
3 912
-
17 115
-
health
2 945
-
12 881
-
unemployment
27
-
116
-
total
6 884
-
30 112
-
Corporate
172 406
223 500
-
-
income
32 757
42 465
-
-
total
32 757
42 465
-
-
Dividends
139 649
181 035
-
-
withholding
20 948
27 156
-
-
total
20 948
27 156
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 984
69 621
124 440
119 586
After tax
145 516
153 879
99 060
103 914
Living cost
26 816
26 816
26 816
26 816
Free-cash
118 699
127 062
72 243
77 098

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111407
₽167326
₽45471
₽92928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
25 479
income
-
-
-
43 565
total
-
-
-
69 044
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
74 738
223 500
-
-
income
16 442
49 170
-
-
total
16 442
49 170
-
-
Dividends
58 296
174 330
-
-
income
12 825
38 353
-
-
total
12 825
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
134 980
87 523
13 125
69 044
After tax
88 520
135 977
210 375
154 456
Living cost
43 049
43 049
43 049
43 049
Free-cash
45 471
92 928
167 326
111 407

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85294
₽67892
₽94760
₽95768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
social contributions

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

-
-
-
77 667
income
-
-
-
29 179
surtax
-
-
-
-
total
-
-
-
106 846
Employee
45 982
-
180 606
-
income
9 564
-
61 264
-
social contributions
5 058
-
19 866
-
surtax
-
-
224
-
total
14 622
-
81 354
-
Employer
45 982
-
180 606
-
social contributions
10 921
-
42 894
-
total
10 921
-
42 894
-
Corporate
166 597
223 500
-
-
surtax
-
-
-
-
income
34 986
46 935
-
-
total
34 986
46 935
-
-
Dividends
131 611
176 565
-
-
withholding
36 851
49 437
-
-
total
36 851
49 437
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 380
96 372
124 248
106 846
After tax
126 120
127 128
99 252
116 654
Living cost
31 360
31 360
31 360
31 360
Free-cash
94 760
95 768
67 892
85 294

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74137
₽67679
₽71226
₽64357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other
-
-
-
6 929
social contributions
-
-
-
6 369
health
-
-
-
10 930
income
-
-
-
41 512
surtax
-
-
-
-
pensions
-
-
-
35 335
total
-
-
-
101 075
Employee
62 618
-
170 539
-
income
5 464
-
36 844
-
pensions
7 083
-
12 869
-
social contributions
1 783
-
4 861
-
surtax
-
-
-
-
total
14 330
-
54 574
-
Employer
62 618
-
170 539
-
pensions
10 289
-
21 484
-
other
2 161
-
7 083
-
health
4 383
-
16 974
-
unemployment
2 537
-
6 906
-
social contributions
188
-
512
-
total
19 558
-
52 959
-
Corporate
141 324
223 500
-
-
surtax
-
-
-
-
income
39 572
62 580
-
-
total
39 572
62 580
-
-
Dividends
101 753
160 920
-
-
surtax
-
-
-
-
social contributions
17 501
27 678
-
-
withholding
13 025
20 597
-
-
total
30 526
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
103 986
110 855
107 533
101 075
After tax
119 514
112 645
115 967
122 425
Living cost
48 288
48 288
48 288
48 288
Free-cash
71 226
64 357
67 679
74 137

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132916
₽138855
₽167739
₽171097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
49 170
income
-
-
-
11 361
total
-
-
-
60 531
Employee
32 142
-
193 508
-
social contributions
2 089
-
12 579
-
income
-
-
12 021
-
total
2 089
-
24 600
-
Employer
32 142
-
193 508
-
social contributions
4 982
-
29 992
-
total
4 982
-
29 992
-
Corporate
186 376
223 500
-
-
income
18 637
22 350
-
-
total
18 637
22 350
-
-
Dividends
167 739
201 150
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 708
22 350
54 592
60 531
After tax
197 792
201 150
168 908
162 969
Living cost
30 053
30 053
30 053
30 053
Free-cash
167 739
171 097
138 855
132 916

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80910
₽5575
₽3175
₽5575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
municipal
-
-
-
47 961
national
-
-
-
27 780
labour market
-
-
-
17 811
pensions
-
-
-
867
total
-
-
-
94 419
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
5 574
-
-
-
income
1 226
-
-
-
total
1 226
-
-
-
Dividends
4 348
-
-
-
withholding
1 174
-
-
-
total
1 174
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
172 154
169 754
169 754
94 419
After tax
51 346
53 746
53 746
129 081
Living cost
48 171
48 171
48 171
48 171
Free-cash
3 175
5 575
5 575
80 910

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
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.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131021
₽101497
₽14792
-₽3487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 950
pensions
-
-
-
4 145
total
-
-
-
70 888
Employee
33 964
-
204 116
-
income
4 659
-
50 057
-
pensions
3 825
-
7 600
-
health
3 889
-
23 371
-
total
12 373
-
81 028
-
Employer
33 964
-
204 116
-
pensions
5 522
-
10 974
-
accident
567
-
3 409
-
unemployment
832
-
5 001
-
total
6 921
-
19 384
-
Corporate
182 614
223 500
-
-
income

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

164 353
201 150
-
-
total
164 353
201 150
-
-
Dividends
18 261
22 350
-
-
withholding
3 470
4 246
-
-
total
3 470
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 117
205 396
100 412
70 888
After tax
36 383
18 104
123 088
152 612
Living cost
21 591
21 591
21 591
21 591
Free-cash
14 792
-3 487
101 497
131 021

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98887
₽73285
₽101809
₽98722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
municipal
-
-
-
39 685
health
-
-
-
3 024
national
-
-
-
43 520
total
-
-
-
86 229
Employee
52 601
-
188 021
-
pensions
3 550
-
12 691
-
national
869
-
27 756
-
municipal
8 616
-
30 605
-
unemployment
789
-
2 821
-
health
393
-
2 478
-
total
14 217
-
76 351
-
Employer
52 601
-
188 021
-
pensions
9 126
-
32 622
-
accident
53
-
188
-
health
404
-
1 448
-
unemployment
342
-
1 222
-
total
9 925
-
35 480
-
Corporate
160 975
223 500
-
-
income
32 195
44 700
-
-
total
32 195
44 700
-
-
Dividends

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

96 585
134 100
-
-
municipal
17 385
24 137
-
-
national
9 585
17 557
-
-
total
26 970
41 694
-
-
Income
223 500
223 500
223 500
223 500
Total tax
83 307
86 394
111 831
86 229
After tax
140 193
137 106
111 669
137 271
Living cost
38 384
38 384
38 384
38 384
Free-cash
101 809
98 722
73 285
98 887

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127241
₽125403
₽134301
₽139740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
5 699
income
-
-
-
51 236
total
-
-
-
73 111
Employee
76 879
76 879
210 991
-
income
8 371
7 117
50 246
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
3 588
-
total
11 874
14 805
62 440
-
Employer
76 879
76 879
210 991
-
health
647
1 423
3 903
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
12 509
-
Corporate
184 925
138 818
-
-
income
23 116
17 353
-
-
total
23 116
17 353
-
-
Dividends
161 809
121 465
-
-
withholding
27 507
20 650
-
-
total
27 507
20 650
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 051
60 612
74 949
73 111
After tax
157 449
162 888
148 551
150 389
Living cost
23 148
23 148
23 148
23 148
Free-cash
134 301
139 740
125 403
127 241

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174488
₽154436
₽164121
₽169206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
223 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
23 132
pensions
-
-
-
6 360
total
-
-
-
33 138
Employee

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

22 948
-
213 729
-
income
1 569
-
20 652
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
43 419
-
Employer

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

22 948
-
213 729
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
198 189
223 500
-
-
income
17 836
20 115
-
-
total
17 836
20 115
-
-
Dividends
180 353
203 385
-
-
withholding
16 231
18 305
-
-
total
16 231
18 305
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 505
38 420
53 190
33 138
After tax
179 995
185 080
170 310
190 362
Living cost
15 874
15 874
15 874
15 874
Free-cash
164 121
169 206
154 436
174 488

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97404
₽93209
₽116497
₽120913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 802
pensions
-
-
-
26 224
total
-
-
-
98 603
Employee
36 968
-
193 957
-
income
7 127
-
67 370
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
73 255
-
Employer
36 968
-
193 957
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
174 746
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.

26 213
33 525
-
-
total
26 213
33 525
-
-
Dividends
148 533
189 975
-
-
withholding
32 037
41 569
-
-
total
32 037
41 569
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 510
75 094
102 798
98 603
After tax
143 990
148 406
120 702
124 897
Living cost
27 493
27 493
27 493
27 493
Free-cash
116 497
120 913
93 209
97 404

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
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.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140929
₽140733
₽136276
₽136726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
health
-
-
-
1 448
income
-
-
-
76 388
pensions
-
-
-
1 997
total
-
-
-
79 833
Employee
4 171
-
221 253
-
income
807
-
76 283
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
77 781
-
Employer
4 171
-
221 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
218 391
223 500
-
-
income
48 046
49 170
-
-
total
48 046
49 170
-
-
Dividends
170 345
174 330
-
-
withholding
34 069
34 866
-
-
total
34 069
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 486
84 036
80 029
79 833
After tax
139 014
139 464
143 471
143 667
Living cost
2 738
2 738
2 738
2 738
Free-cash
136 276
136 726
140 733
140 929

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126575
₽126575
₽139266
₽144186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
223 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
51 698
pensions
-
-
-
19 214
total
-
-
-
79 632
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.

26 076
-
210 272
-
income
3 594
-
51 698
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
66 404
-
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.

26 076
-
210 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
192 756
223 500
-
-
income
28 913
33 525
-
-
total
28 913
33 525
-
-
Dividends
163 843
189 975
-
-
withholding
24 576
28 496
-
-
total
24 576
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 941
62 021
79 632
79 632
After tax
156 559
161 479
143 868
143 868
Living cost
17 293
17 293
17 293
17 293
Free-cash
139 266
144 186
126 575
126 575

Estimated living cost  is ₽17293 per week

₽11643
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.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89700
₽72298
₽99813
₽100174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
social contributions

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

-
-
-
77 667
income
-
-
-
29 179
surtax
-
-
-
-
total
-
-
-
106 846
Employee
38 804
-
180 606
-
income
7 582
-
61 264
-
social contributions
4 269
-
19 866
-
surtax
-
-
224
-
total
11 851
-
81 354
-
Employer
38 804
-
180 606
-
social contributions
9 215
-
42 894
-
total
9 215
-
42 894
-
Corporate
175 481
223 500
-
-
surtax
-
-
-
-
income
36 851
46 935
-
-
total
36 851
46 935
-
-
Dividends
138 630
176 565
-
-
withholding
38 816
49 437
-
-
total
38 816
49 437
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 733
96 372
124 248
106 846
After tax
126 767
127 128
99 252
116 654
Living cost
26 954
26 954
26 954
26 954
Free-cash
99 813
100 174
72 298
89 700

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89760
₽85565
₽106729
₽113269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
70 802
pensions
-
-
-
26 224
total
-
-
-
98 603
Employee
48 285
-
193 957
-
income
10 085
-
67 370
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
73 255
-
Employer
48 285
-
193 957
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
159 820
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.

23 972
33 525
-
-
total
23 972
33 525
-
-
Dividends
135 848
189 975
-
-
withholding
29 119
41 569
-
-
total
29 119
41 569
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 634
75 094
102 798
98 603
After tax
141 866
148 406
120 702
124 897
Living cost
35 137
35 137
35 137
35 137
Free-cash
106 729
113 269
85 565
89 760

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163445
₽172721
₽167795
₽173890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
33 525
pensions

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

-
-
-
5 170
total
-
-
-
42 852
Employee
22 779
-
216 647
-
income
2 278
-
21 665
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
26 723
-
Employer
22 779
-
216 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
196 252
223 500
-
-
income
19 625
22 350
-
-
total
19 625
22 350
-
-
Dividends
176 627
201 150
-
-
withholding
8 832
10 057
-
-
total
8 832
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 502
32 407
33 576
42 852
After tax
184 998
191 093
189 924
180 648
Living cost
17 203
17 203
17 203
17 203
Free-cash
167 795
173 890
172 721
163 445

Estimated living cost  is ₽17203 per week

₽11378
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.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74238
₽99641
₽89426
₽76348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
trade
-
-
-
25 403
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.

-
-
-
6 830
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.

-
-
-
74 341
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.

-
-
-
4 089
total
-
-
-
110 663
Employee

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

49 746
-
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
-
4 089
-
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.

4 091
-
74 341
-
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.

6 830
-
6 830
-
total
11 147
-
85 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 754
223 500
-
-
trade
24 934
32 072
-
-
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
-
-
income
26 063
33 525
-
-
chamber of commerce
406
480
-
-
total
52 837
67 921
-
-
Dividends
120 917
155 579
-
-
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.

1 641
2 117
-
-
withholding
29 850
38 515
-
-
total
31 491
40 632
-
-
Income
223 500
223 500
223 500
223 500
Total tax
95 475
108 553
85 260
110 663
After tax
128 025
114 947
138 240
112 837
Living cost
38 599
38 599
38 599
38 599
Free-cash
89 426
76 348
99 641
74 238

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
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.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55287
₽55287
₽101706
₽99499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
social contributions
-
-
-
38 386
income
-
-
-
72 875
total
-
-
-
111 261
Employee
78 205
-
223 500
-
social contributions
6 497
-
38 386
-
income
14 757
-
72 875
-
total
21 254
-
111 261
-
Employer
78 205
-
223 500
-
total
-
-
-
-
Corporate
145 295
223 500
-
-
income
18 163
27 937
-
-
total
18 163
27 937
-
-
Dividends
127 132
195 563
-
-
withholding
25 425
39 112
-
-
total
25 425
39 112
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 842
67 049
111 261
111 261
After tax
158 658
156 451
112 239
112 239
Living cost
56 952
56 952
56 952
56 952
Free-cash
101 706
99 499
55 287
55 287

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147006
₽119729
₽107194
₽103701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
223 500
health

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

-
-
-
6 677
income
-
-
-
33 525
total
-
-
-
40 202
Employee
45 864
-
218 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
58 281
-
total
9 572
-
62 880
-
Employer
45 864
-
218 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
173 041
223 500
-
-
income
60 565
78 225
-
-
total
60 565
78 225
-
-
Dividends
112 476
145 275
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
223 500
223 500
223 500
223 500
Total tax
80 014
83 507
67 479
40 202
After tax
143 486
139 993
156 021
183 298
Living cost
36 292
36 292
36 292
36 292
Free-cash
107 194
103 701
119 729
147 006

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107369
₽87396
₽109899
₽103943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
68 797
pensions
-
-
-
9 975
total
-
-
-
78 772
Employee
51 281
-
194 811
-
income
9 339
-
55 480
-
pensions
3 914
-
11 931
-
health
669
-
2 645
-
total
13 922
-
70 056
-
Employer
51 281
-
194 811
-
pensions
5 181
-
24 988
-
health
975
-
3 701
-
total
6 156
-
28 689
-
Corporate
166 063
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.

31 551
42 465
-
-
total
31 551
42 465
-
-
Dividends
134 512
181 035
-
-
withholding
24 613
39 733
-
-
total
24 613
39 733
-
-
Income
223 500
223 500
223 500
223 500
Total tax
76 242
82 198
98 745
78 772
After tax
147 258
141 302
124 755
144 728
Living cost
37 359
37 359
37 359
37 359
Free-cash
109 899
103 943
87 396
107 369

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽128884
₽99360
₽14464
-₽5624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
63 950
pensions
-
-
-
4 145
total
-
-
-
70 888
Employee
37 326
-
204 116
-
income
5 121
-
50 057
-
pensions
4 203
-
7 600
-
health
4 274
-
23 371
-
total
13 598
-
81 028
-
Employer
37 326
-
204 116
-
pensions
6 069
-
10 974
-
accident
623
-
3 409
-
unemployment
914
-
5 001
-
total
7 606
-
19 384
-
Corporate
178 568
223 500
-
-
income

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

160 711
201 150
-
-
total
160 711
201 150
-
-
Dividends
17 857
22 350
-
-
withholding
3 393
4 246
-
-
total
3 393
4 246
-
-
Income
223 500
223 500
223 500
223 500
Total tax
185 308
205 396
100 412
70 888
After tax
38 192
18 104
123 088
152 612
Living cost
23 728
23 728
23 728
23 728
Free-cash
14 464
-5 624
99 360
128 884

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
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.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128476
₽150453
₽154453
₽157477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
37 567
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
81 523
Employee

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

21 601
-
223 500
-
income
2 160
-
37 567
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
59 546
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 899
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%.

20 190
22 350
-
-
total
20 190
22 350
-
-
Dividends
181 709
201 150
-
-
withholding
27 256
30 172
-
-
total
27 256
30 172
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 546
52 522
59 546
81 523
After tax
167 954
170 978
163 954
141 977
Living cost
13 501
13 501
13 501
13 501
Free-cash
154 453
157 477
150 453
128 476

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
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.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65000
₽56786
₽73346
₽77895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 039
municipal
-
-
-
1 561
national
-
-
-
61 629
regional
-
-
-
5 442
total
-
-
-
118 671
Employee
84 248
-
223 500
-
national
14 237
-
54 938
-
social contributions
28 408
-
65 602
-
municipal
503
-
1 421
-
regional
1 272
-
4 924
-
total
44 420
-
126 885
-
Employer
84 248
-
223 500
-
total
-
-
-
-
Corporate
139 252
223 500
-
-
nationa
33 421
53 640
-
-
municipal
6 713
10 773
-
-
total
40 134
64 413
-
-
Dividends
99 119
159 087
-
-
withholding
25 771
41 363
-
-
total
25 771
41 363
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 325
105 776
126 885
118 671
After tax
113 175
117 724
96 615
104 829
Living cost
39 829
39 829
39 829
39 829
Free-cash
73 346
77 895
56 786
65 000

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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