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
₽84048
₽108884
₽80593
₽94487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
75 437
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.

-
-
-
4 149
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.

-
-
-
6 447
trade
-
-
-
28 291
total
-
-
-
114 324
Employee

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

36 093
-
223 500
-
surtax

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

56
-
4 149
-
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.

1 008
-
75 437
-
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.

6 447
-
6 447
-
total
7 511
-
86 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 407
223 500
-
-
income
28 112
33 525
-
-
surtax

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

1 545
1 845
-
-
chamber of commerce
412
464
-
-
trade
29 516
35 201
-
-
total
59 585
71 035
-
-
Dividends
127 822
152 465
-
-
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.

1 737
2 077
-
-
withholding
31 597
37 757
-
-
total
33 334
39 834
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 430
110 869
86 033
114 324
After tax
123 070
112 631
137 467
109 176
Living cost
28 583
28 583
28 583
28 583
Free-cash
94 487
84 048
108 884
80 593

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89346
₽78322
₽77122
₽88513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 834
national
-
-
-
42 203
pensions
-
-
-
26 820
total
-
-
-
96 260
Employee
77 691
-
193 214
-
municipal
9 596
-
25 699
-
pensions
3 108
-
7 729
-
national
14 870
-
44 098
-
total
27 574
-
77 526
-
Employer
77 691
-
193 214
-
pensions
6 215
-
15 457
-
social contributions
835
-
2 077
-
total
7 050
-
17 534
-
Corporate
133 630
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%.

26 726
44 700
-
-
total
26 726
44 700
-
-
Dividends
106 904
178 800
-
-
withholding
23 519
39 336
-
-
total
23 519
39 336
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 869
84 036
95 060
96 260
After tax
138 631
139 464
128 440
127 240
Living cost
50 118
50 118
50 118
50 118
Free-cash
88 513
89 346
78 322
77 122

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159168
₽78129
₽62416
₽151426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
223 500
income
-
-
-
48 304
surtax
-
-
-
56 992
social contributions

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

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
141 452
Employee
27 574
-
176 943
-
surtax
-
-
25 657
-
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.

3 034
-
12 371
-
income
4 909
-
41 154
-
total
7 943
-
79 182
-
Employer
27 574
-
176 943
-
social contributions

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

6 642
-
27 093
-
surtax
-
-
19 464
-
total
6 642
-
46 557
-
Corporate
189 284
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%.

37 857
44 700
-
-
total
37 857
44 700
-
-
Dividends

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

151 426
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
52 442
44 700
125 739
141 452
After tax
171 058
178 800
97 761
82 048
Living cost
19 632
19 632
19 632
19 632
Free-cash
151 426
159 168
78 129
62 416

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71976
₽103386
₽79874
₽66196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
81 401
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
104 094
Employee
80 585
80 585
205 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
40 351
-
health
12 369
10 521
11 637
-
total
40 065
34 768
63 044
-
Employer
80 585
80 585
205 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
129 792
128 803
-
-
income
25 957
25 760
-
-
total
25 957
25 760
-
-
Dividends
103 834
103 043
-
-
income
22 064
21 896
-
-
withholding
15 574
15 456
-
-
total
37 638
37 352
-
-
Income
223 500
223 500
223 500
223 500
Total tax
117 772
111 992
80 582
104 094
After tax
105 728
111 508
142 918
119 406
Living cost
39 532
39 532
39 532
39 532
Free-cash
66 196
71 976
103 386
79 874

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84208
₽72538
₽73455
₽83358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
59 486
national
-
-
-
28 720
pensions
-
-
-
8 961
total
-
-
-
112 222
Employee
53 895
-
197 454
-
municipal
16 071
-
58 881
-
national
-
-
28 212
-
total
16 071
-
87 093
-
Employer
53 895
-
197 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
152 671
223 500
-
-
income
33 588
49 170
-
-
total
33 588
49 170
-
-
Dividends
119 084
174 330
-
-
withholding
35 725
52 299
-
-
total
35 725
52 299
-
-
Income
223 500
223 500
223 500
223 500
Total tax
102 319
101 469
113 139
112 222
After tax
121 181
122 031
110 361
111 278
Living cost
37 823
37 823
37 823
37 823
Free-cash
83 358
84 208
72 538
73 455

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74409
₽100396
₽70848
₽87670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
75 437
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.

-
-
-
4 149
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.

-
-
-
6 447
trade
-
-
-
29 548
total
-
-
-
115 581
Employee

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

47 855
-
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
-
4 149
-
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.

4 112
-
75 437
-
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.

6 447
-
6 447
-
total
10 785
-
86 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 645
223 500
-
-
income
26 346
33 525
-
-
surtax

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

1 449
1 845
-
-
chamber of commerce
392
462
-
-
trade
28 894
36 765
-
-
total
57 081
72 597
-
-
Dividends
118 563
150 903
-
-
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.

1 610
2 056
-
-
withholding
29 283
37 367
-
-
total
30 893
39 423
-
-
Income
223 500
223 500
223 500
223 500
Total tax
98 759
112 020
86 033
115 581
After tax
124 741
111 480
137 467
107 919
Living cost
37 071
37 071
37 071
37 071
Free-cash
87 670
74 409
100 396
70 848

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132252
₽117475
₽119286
₽128338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 638
social contributions
-
-
-
15 268
health
-
-
-
5 700
total
-
-
-
73 606
Employee
72 564
72 564
211 464
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
51 664
-
health
722
1 234
3 594
-
total
11 868
13 973
63 381
-
Employer
72 564
72 564
211 464
-
health
786
1 343
3 913
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
12 036
-
Corporate
176 712
143 571
-
-
income
22 089
17 945
-
-
total
22 089
17 945
-
-
Dividends
154 623
125 625
-
-
withholding
26 285
21 357
-
-
total
26 285
21 357
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 554
60 640
75 417
73 606
After tax
158 946
162 860
148 083
149 894
Living cost
30 608
30 608
30 608
30 608
Free-cash
128 338
132 252
117 475
119 286

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108553
₽112692
₽137957
₽108903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
187 029
-
unemployment
365
145
2 805
-
pensions
2 436
969
18 703
-
income
2 978
1 185
22 864
-
health
1 705
679
13 092
-
total
7 484
2 978
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.

24 356
9 693
187 029
-
pensions
4 749
1 890
36 471
-
total
4 749
1 890
36 471
-
Corporate
194 394
211 916
-
-
income
17 495
19 072
-
-
total
17 495
19 072
-
-
Dividends
176 899
192 844
-
-
social contributions
34 385
37 494
-
-
withholding
33 611
36 640
-
-
total
67 996
74 134
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 724
98 074
93 935
68 670
After tax
125 776
125 426
129 565
154 830
Living cost
16 873
16 873
16 873
16 873
Free-cash
108 903
108 553
112 692
137 957

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156007
₽106029
₽97002
₽150145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
29 949
health
-
-
-
29 056
pensions
-
-
-
44 700
total
-
-
-
103 705
Employee
26 770
-
167 040
-
unemployment
428
-
2 672
-
pensions
535
-
3 342
-
income
3 014
-
32 206
-
total
3 977
-
38 220
-
Employer
26 770
-
167 040
-
health
3 479
-
21 715
-
pensions
5 354
-
33 407
-
unemployment
215
-
1 336
-
total
9 048
-
56 458
-
Corporate
187 681
223 500
-
-
income
37 537
44 700
-
-
total
37 537
44 700
-
-
Dividends
150 144
178 800
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
50 562
44 700
94 678
103 705
After tax
172 938
178 800
128 822
119 795
Living cost
22 793
22 793
22 793
22 793
Free-cash
150 145
156 007
106 029
97 002

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2865
₽102387
₽131616
₽14888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
64 277
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
70 916
Employee
32 984
-
204 571
-
pensions
3 714
-
7 272
-
income
4 525
-
50 521
-
health
3 777
-
23 423
-
total
12 016
-
81 216
-
Employer
32 984
-
204 571
-
pensions
5 363
-
10 501
-
accident
551
-
3 416
-
unemployment
808
-
5 012
-
total
6 722
-
18 929
-
Corporate
183 794
223 500
-
-
income

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

165 414
201 150
-
-
total
165 414
201 150
-
-
Dividends
18 379
22 350
-
-
withholding
3 492
4 247
-
-
total
3 492
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 644
205 397
100 145
70 916
After tax
35 856
18 103
123 355
152 584
Living cost
20 968
20 968
20 968
20 968
Free-cash
14 888
-2 865
102 387
131 616

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204734
₽171209
₽213674
₽203312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
microenterprise

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

-
-
-
2 235
total
-
-
-
2 235
Employee
9 489
-
223 500
-
income
1 897
-
44 700
-
total
1 897
-
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%.

214 011
223 500
-
-
total
-
-
-
-
Dividends
214 011
223 500
-
-
withholding
10 700
11 175
-
-
total
10 700
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
12 597
11 175
44 700
2 235
After tax
210 903
212 325
178 800
221 265
Living cost
7 591
7 591
7 591
7 591
Free-cash
203 312
204 734
171 209
213 674

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139060
₽108976
₽110795
₽132687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
39 990
other
-
-
-
6 816
health
-
-
-
6 314
pensions

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

-
-
-
34 440
total
-
-
-
87 560
Employee
34 264
-
186 991
-
unemployment
342
-
1 434
-
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.

2 398
-
10 045
-
income
5 899
-
39 383
-
health
480
-
2 009
-
total
9 119
-
52 871
-
Employer
34 264
-
186 991
-
health
480
-
2 009
-
pensions

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

5 825
-
24 396
-
accident
274
-
1 495
-
unemployment
342
-
1 434
-
other
1 714
-
7 174
-
total
8 635
-
36 508
-
Corporate
180 601
223 500
-
-
income
37 927
46 935
-
-
total
37 927
46 935
-
-
Dividends
142 674
176 565
-
-
withholding
9 987
12 360
-
-
total
9 987
12 360
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 668
59 295
89 379
87 560
After tax
157 832
164 205
134 121
135 940
Living cost
25 145
25 145
25 145
25 145
Free-cash
132 687
139 060
108 976
110 795

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77138
₽61026
₽80935
₽84718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
70 009
pensions
-
-
-
9 621
total
-
-
-
79 630
Employee
89 044
-
194 706
-
pensions
8 590
-
11 411
-
income
16 051
-
56 735
-
health
1 467
-
2 599
-
total
26 108
-
70 745
-
Employer
89 044
-
194 706
-
health
1 691
-
3 699
-
pensions
10 513
-
25 095
-
total
12 204
-
28 794
-
Corporate
122 252
223 500
-
-
income

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

23 228
42 464
-
-
total
23 228
42 464
-
-
Dividends
99 024
181 036
-
-
withholding
14 307
40 963
-
-
total
14 307
40 963
-
-
Income
223 500
223 500
223 500
223 500
Total tax
75 847
83 427
99 539
79 630
After tax
147 653
140 073
123 961
143 870
Living cost
62 935
62 935
62 935
62 935
Free-cash
84 718
77 138
61 026
80 935

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
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.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178722
₽178186
₽168804
₽174340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
42 325
Employee
16 380
-
217 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
21 703
-
health
753
-
1 516
-
total
4 009
-
26 476
-
Employer
16 380
-
217 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
203 905
223 500
-
-
income
20 390
22 350
-
-
total
20 390
22 350
-
-
Dividends
183 515
201 150
-
-
withholding
9 176
10 057
-
-
total
9 176
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
36 789
32 407
32 943
42 325
After tax
186 711
191 093
190 557
181 175
Living cost
12 371
12 371
12 371
12 371
Free-cash
174 340
178 722
178 186
168 804

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59180
₽90590
₽67078
₽61552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
81 401
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
104 094
Employee
87 490
80 585
205 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
40 351
-
health
10 915
10 521
11 637
-
total
35 162
34 768
63 044
-
Employer
87 490
80 585
205 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
120 692
128 803
-
-
income
24 138
25 760
-
-
total
24 138
25 760
-
-
Dividends
96 554
103 043
-
-
income
20 517
21 896
-
-
withholding
14 484
15 456
-
-
total
35 001
37 352
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 620
111 992
80 582
104 094
After tax
113 880
111 508
142 918
119 406
Living cost
52 328
52 328
52 328
52 328
Free-cash
61 552
59 180
90 590
67 078

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130755
₽99784
₽109691
₽122504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 008
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
3 227
health
-
-
-
30 173
total
-
-
-
90 684
Employee
34 007
-
178 909
-
solidarity contribution
-
-
2 337
-
social contributions
2 210
-
7 407
-
income
4 081
-
22 102
-
health
4 591
-
24 153
-
total
10 882
-
55 999
-
Employer
34 007
-
178 909
-
health
3 061
-
16 102
-
social contributions
8 502
-
28 490
-
total
11 563
-
44 592
-
Corporate
177 930
223 500
-
-
income
33 807
42 465
-
-
total
33 807
42 465
-
-
Dividends
144 124
181 035
-
-
withholding
21 619
27 155
-
-
total
21 619
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 871
69 620
100 591
90 684
After tax
145 629
153 880
122 909
132 816
Living cost
23 125
23 125
23 125
23 125
Free-cash
122 504
130 755
99 784
109 691

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79429
₽60596
₽68596
₽74501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
2 880
municipal
-
-
-
1 409
national
-
-
-
63 566
total
-
-
-
115 085
Employee
83 867
-
223 500
-
municipal
444
-
1 293
-
national
14 532
-
57 248
-
regional
791
-
2 624
-
social contributions
28 280
-
61 920
-
total
44 047
-
123 085
-
Employer
83 867
-
223 500
-
total
-
-
-
-
Corporate
139 633
223 500
-
-
municipal
5 446
8 716
-
-
nationa
33 511
53 639
-
-
total
38 957
62 355
-
-
Dividends
100 676
161 145
-
-
withholding
26 176
41 897
-
-
total
26 176
41 897
-
-
Income
223 500
223 500
223 500
223 500
Total tax
109 180
104 252
123 085
115 085
After tax
114 320
119 248
100 415
108 415
Living cost
39 819
39 819
39 819
39 819
Free-cash
74 501
79 429
60 596
68 596

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽119759
₽78412
₽84184
₽116819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 868
other
-
-
-
-
surtax
-
-
-
12 279
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
118 492
Employee
31 207
-
196 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
11 151
-
income
5 231
-
66 223
-
health
797
-
3 211
-
total
10 383
-
97 752
-
Employer
31 207
-
196 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
185 725
223 500
-
-
income
48 289
58 109
-
-
total
48 289
58 109
-
-
Dividends
137 436
165 391
-
-
withholding
20 616
24 808
-
-
total
20 616
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 857
82 917
124 264
118 492
After tax
137 643
140 583
99 236
105 008
Living cost
20 824
20 824
20 824
20 824
Free-cash
116 819
119 759
78 412
84 184

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97077
₽80965
₽100874
₽103293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
70 009
pensions
-
-
-
9 621
total
-
-
-
79 630
Employee
59 675
-
194 706
-
pensions
5 065
-
11 411
-
income
10 748
-
56 735
-
health
866
-
2 599
-
total
16 679
-
70 745
-
Employer
59 675
-
194 706
-
health
1 134
-
3 699
-
pensions
6 460
-
25 095
-
total
7 594
-
28 794
-
Corporate
156 232
223 500
-
-
income

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

29 684
42 464
-
-
total
29 684
42 464
-
-
Dividends
126 548
181 036
-
-
withholding
23 254
40 963
-
-
total
23 254
40 963
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 211
83 427
99 539
79 630
After tax
146 289
140 073
123 961
143 870
Living cost
42 996
42 996
42 996
42 996
Free-cash
103 293
97 077
80 965
100 874

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27571
₽94450
₽102422
₽59504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
other

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

-
-
-
4 470
regional
-
-
-
12 634
health
-
-
-
502
city
-
-
-
2 356
national
-
-
-
5 924
pensions
-
-
-
20 561
total
-
-
-
46 447
Employee
87 337
-
201 271
-
unemployment
-
-
-
-
pensions
7 337
-
15 538
-
national
413
-
4 941
-
regional
2 860
-
11 294
-
city
937
-
2 179
-
health
197
-
452
-
total
11 744
-
34 404
-
Employer
87 337
-
201 271
-
health
197
-
452
-
pensions
7 337
-
15 538
-
unemployment
-
-
-
-
other

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

1 746
-
4 025
-
total
9 280
-
20 015
-
Corporate
125 922
223 500
-
-
regional
26 632
47 270
-
-
national
10 703
18 997
-
-
total
37 335
66 267
-
-
Dividends
88 586
157 233
-
-
withholding
31 006
55 031
-
-
total
31 006
55 031
-
-
Income
223 500
223 500
223 500
223 500
Total tax
89 365
121 298
54 419
46 447
After tax
134 135
102 202
169 081
177 053
Living cost
74 631
74 631
74 631
74 631
Free-cash
59 504
27 571
94 450
102 422

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67102
₽94237
₽63432
₽82408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
75 437
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.

-
-
-
4 149
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.

-
-
-
6 447
trade
-
-
-
30 805
total
-
-
-
116 838
Employee

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

56 713
-
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.

367
-
4 149
-
income

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

6 669
-
75 437
-
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.

6 447
-
6 447
-
total
13 483
-
86 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 787
223 500
-
-
income
25 017
33 525
-
-
surtax

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

1 375
1 845
-
-
chamber of commerce
378
458
-
-
trade
28 604
38 330
-
-
total
55 374
74 158
-
-
Dividends
111 413
149 342
-
-
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.

1 511
2 034
-
-
withholding
27 494
36 976
-
-
total
29 005
39 010
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 862
113 168
86 033
116 838
After tax
125 638
110 332
137 467
106 662
Living cost
43 230
43 230
43 230
43 230
Free-cash
82 408
67 102
94 237
63 432

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80358
₽81788
₽89045
₽85931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 241
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
11 239
pensions
-
-
-
34 392
total
-
-
-
102 169
Employee
40 388
-
169 989
-
pensions
4 567
-
13 060
-
surtax
-
-
-
-
social contributions
1 151
-
4 842
-
income
2 384
-
38 014
-
total
8 102
-
55 916
-
Employer
40 388
-
169 989
-
health
2 828
-
17 194
-
pensions
6 635
-
21 764
-
unemployment
1 635
-
6 884
-
social contributions
122
-
510
-
other
1 393
-
7 158
-
total
12 613
-
53 510
-
Corporate
170 500
223 500
-
-
income
47 741
62 581
-
-
surtax
-
-
-
-
total
47 741
62 581
-
-
Dividends
122 759
160 919
-
-
surtax
-
-
-
-
social contributions
21 115
27 677
-
-
withholding
15 712
20 598
-
-
total
36 827
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 283
110 856
109 426
102 169
After tax
118 217
112 644
114 074
121 331
Living cost
32 286
32 286
32 286
32 286
Free-cash
85 931
80 358
81 788
89 045

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83557
₽84987
₽92244
₽88801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 241
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
11 239
pensions
-
-
-
34 392
total
-
-
-
102 169
Employee
36 052
-
169 989
-
pensions
4 078
-
13 060
-
surtax
-
-
-
-
social contributions
1 028
-
4 842
-
income
1 859
-
38 014
-
total
6 965
-
55 916
-
Employer
36 052
-
169 989
-
health
2 523
-
17 194
-
pensions
5 924
-
21 764
-
unemployment
1 459
-
6 884
-
social contributions
107
-
510
-
other
1 245
-
7 158
-
total
11 258
-
53 510
-
Corporate
176 190
223 500
-
-
income
49 333
62 581
-
-
surtax
-
-
-
-
total
49 333
62 581
-
-
Dividends
126 857
160 919
-
-
surtax
-
-
-
-
social contributions
21 819
27 677
-
-
withholding
16 237
20 598
-
-
total
38 056
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
105 612
110 856
109 426
102 169
After tax
117 888
112 644
114 074
121 331
Living cost
29 087
29 087
29 087
29 087
Free-cash
88 801
83 557
84 987
92 244

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116344
₽117231
₽123522
₽116834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
social contributions
-
-
-
30 843
health
-
-
-
15 600
total
-
-
-
79 968
Employee
31 996
-
223 500
-
social contributions
4 416
-
30 843
-
income
5 337
-
39 816
-
health
2 233
-
15 600
-
total
11 986
-
86 259
-
Employer
31 996
-
223 500
-
total
-
-
-
-
Corporate
191 504
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%.

9 575
11 175
-
-
total
9 575
11 175
-
-
Dividends
181 929
212 325
-
-
social contributions
25 107
29 301
-
-
withholding
27 290
31 849
-
-
health
12 698
14 821
-
-
total
65 095
75 971
-
-
Income
223 500
223 500
223 500
223 500
Total tax
86 656
87 146
86 259
79 968
After tax
136 844
136 354
137 241
143 532
Living cost
20 010
20 010
20 010
20 010
Free-cash
116 834
116 344
117 231
123 522

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89866
₽25126
₽81063
₽88405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
73 490
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
894
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
109 186
Employee
47 160
37 607
186 051
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
62 090
-
health
1 825
1 456
4 266
-
total
13 910
9 584
82 056
-
Employer
47 160
37 607
186 051
-
chamber of commerce
188
150
745
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
5 582
-
other
2 240
1 785
8 193
-
total
13 757
11 009
37 450
-
Corporate
162 583
174 884
182 469
-
income

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

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

40 645
43 720
45 617
-
total
40 645
43 720
45 617
-
Dividends
121 937
131 163
-
-
withholding
33 532
36 070
-
-
total
33 532
36 070
-
-
Income
223 500
223 500
223 500
223 500
Total tax
101 844
100 383
165 123
109 186
After tax
121 656
123 117
58 377
114 314
Living cost
33 251
33 251
33 251
33 251
Free-cash
88 405
89 866
25 126
81 063

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87616
₽41083
₽62859
₽76318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal

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

-
-
-
11 998
social contributions
-
-
-
23 527
national
-
-
-
90 709
total
-
-
-
126 234
Employee

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

67 501
-
173 107
-
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.

587
-
1 506
-
communal

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

3 521
-
9 029
-
pensions

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

5 063
-
12 983
-
national
20 753
-
65 962
-
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.

3 171
-
8 137
-
total
33 095
-
97 617
-
Employer

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

67 501
-
173 107
-
health

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

4 151
-
10 646
-
pensions

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

5 981
-
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.

877
-
2 251
-
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.

985
-
2 527
-
surtax
7 654
-
19 631
-
total
19 648
-
50 393
-
Corporate
136 350
223 500
-
-
income
27 270
48 699
-
-
surtax
546
974
-
-
total
27 816
49 673
-
-
Dividends
108 534
173 827
-
-
withholding

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

32 216
51 804
-
-
total
32 216
51 804
-
-
Income
223 500
223 500
223 500
223 500
Total tax
112 775
101 477
148 010
126 234
After tax
110 725
122 023
75 490
97 266
Living cost
34 407
34 407
34 407
34 407
Free-cash
76 318
87 616
41 083
62 859

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114207
₽86745
₽90706
₽107742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
72 474
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
98 714
Employee
46 973
-
195 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
69 235
-
total
12 895
-
74 791
-
Employer
46 973
-
195 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
161 554
223 500
-
-
income

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

24 233
33 525
-
-
total
24 233
33 525
-
-
Dividends
137 321
189 975
-
-
withholding
29 578
41 688
-
-
total
29 578
41 688
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 678
75 213
102 675
98 714
After tax
141 822
148 287
120 825
124 786
Living cost
34 080
34 080
34 080
34 080
Free-cash
107 742
114 207
86 745
90 706

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74305
₽61712
₽52804
₽61328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
communal
-
-
-
14 126
accident
-
-
-
1 884
income
-
-
-
43 120
surtax
-
-
-
11 080
health
-
-
-
15 703
pensions
-
-
-
33 500
total
-
-
-
119 413
Employee
71 463
-
199 641
-
pensions
5 716
-
15 972
-
surtax
4 380
-
12 235
-
income
6 903
-
49 554
-
health
3 180
-
8 886
-
total
20 179
-
86 647
-
Employer
71 463
-
199 641
-
health
2 179
-
6 090
-
pensions
5 716
-
15 972
-
accident
643
-
1 796
-
total
8 538
-
23 858
-
Corporate
143 498
223 500
-
-
communal
9 686
15 086
-
-
income
21 525
33 525
-
-
surtax
1 506
2 346
-
-
total
32 717
50 957
-
-
Dividends
110 781
172 543
-
-
income
32 838
21 073
-
-
withholding
16 617
25 882
-
-
total
49 455
46 955
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 889
97 912
110 505
119 413
After tax
112 611
125 588
112 995
104 087
Living cost
51 283
51 283
51 283
51 283
Free-cash
61 328
74 305
61 712
52 804

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119387
₽78040
₽83812
₽116383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
71 868
other
-
-
-
-
surtax
-
-
-
12 279
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
118 492
Employee
31 779
-
196 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
11 151
-
income
5 328
-
66 223
-
health
811
-
3 211
-
total
10 584
-
97 752
-
Employer
31 779
-
196 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
185 030
223 500
-
-
income
48 108
58 109
-
-
total
48 108
58 109
-
-
Dividends
136 923
165 391
-
-
withholding
20 539
24 808
-
-
total
20 539
24 808
-
-
Income
223 500
223 500
223 500
223 500
Total tax
85 921
82 917
124 264
118 492
After tax
137 579
140 583
99 236
105 008
Living cost
21 196
21 196
21 196
21 196
Free-cash
116 383
119 387
78 040
83 812

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92057
₽74339
₽82296
₽89962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 579
municipal
-
-
-
1 409
national
-
-
-
63 566
total
-
-
-
115 784
Employee
52 347
-
223 500
-
municipal
278
-
1 293
-
national
8 293
-
57 248
-
regional
705
-
3 280
-
social contributions
17 652
-
61 920
-
total
26 928
-
123 741
-
Employer
52 347
-
223 500
-
total
-
-
-
-
Corporate
171 153
223 500
-
-
municipal
8 506
11 108
-
-
nationa
41 077
53 639
-
-
total
49 583
64 747
-
-
Dividends
121 570
158 752
-
-
withholding
31 607
41 276
-
-
total
31 607
41 276
-
-
Income
223 500
223 500
223 500
223 500
Total tax
108 118
106 023
123 741
115 784
After tax
115 382
117 477
99 759
107 716
Living cost
25 420
25 420
25 420
25 420
Free-cash
89 962
92 057
74 339
82 296

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125384
₽94413
₽104320
₽115218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 008
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
3 227
health
-
-
-
30 173
total
-
-
-
90 684
Employee
41 906
-
178 909
-
solidarity contribution
-
-
2 337
-
social contributions
2 724
-
7 407
-
income
5 029
-
22 102
-
health
5 657
-
24 153
-
total
13 410
-
55 999
-
Employer
41 906
-
178 909
-
health
3 771
-
16 102
-
social contributions
10 476
-
28 490
-
total
14 247
-
44 592
-
Corporate
167 346
223 500
-
-
income
31 796
42 465
-
-
total
31 796
42 465
-
-
Dividends
135 551
181 035
-
-
withholding
20 333
27 155
-
-
total
20 333
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 786
69 620
100 591
90 684
After tax
143 714
153 880
122 909
132 816
Living cost
28 496
28 496
28 496
28 496
Free-cash
115 218
125 384
94 413
104 320

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93112
₽28313
₽84394
₽92645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
73 490
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
894
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
109 000
Employee
41 250
37 607
186 225
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
62 178
-
health
1 596
1 456
4 266
-
total
11 144
9 584
82 144
-
Employer
41 250
37 607
186 225
-
chamber of commerce
165
150
745
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
5 587
-
other
1 959
1 785
8 200
-
total
11 870
10 823
37 276
-
Corporate
170 378
175 070
182 643
-
income

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

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

42 594
43 767
45 661
-
total
42 594
43 767
45 661
-
Dividends
127 785
131 303
-
-
withholding
35 141
36 108
-
-
total
35 141
36 108
-
-
Income
223 500
223 500
223 500
223 500
Total tax
100 749
100 282
165 081
109 000
After tax
122 751
123 218
58 419
114 500
Living cost
30 106
30 106
30 106
30 106
Free-cash
92 645
93 112
28 313
84 394

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200496
₽166971
₽209436
₽198278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
223 500
-
income
2 958
-
44 700
-
total
2 958
-
44 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

208 713
223 500
-
-
total
-
-
-
-
Dividends
208 713
223 500
-
-
withholding
10 435
11 175
-
-
total
10 435
11 175
-
-
Income
223 500
223 500
223 500
223 500
Total tax
13 393
11 175
44 700
2 235
After tax
210 107
212 325
178 800
221 265
Living cost
11 829
11 829
11 829
11 829
Free-cash
198 278
200 496
166 971
209 436

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128569
₽72418
₽77269
₽120677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
223 500
income
-
-
-
57 775
unemployment
-
-
-
335
health
-
-
-
21 993
pensions
-
-
-
40 817
total
-
-
-
120 920
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.

41 729
-
193 390
-
unemployment
59
-
270
-
pensions
6 468
-
29 976
-
income
7 196
-
52 922
-
health
2 695
-
12 493
-
total
16 418
-
95 661
-
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.

41 729
-
193 390
-
health
2 779
-
12 879
-
pensions
3 693
-
17 115
-
unemployment
25
-
116
-
total
6 497
-
30 110
-
Corporate
175 274
223 500
-
-
income
33 301
42 465
-
-
total
33 301
42 465
-
-
Dividends
141 972
181 035
-
-
withholding
21 296
27 155
-
-
total
21 296
27 155
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 512
69 620
125 771
120 920
After tax
145 988
153 880
97 729
102 580
Living cost
25 311
25 311
25 311
25 311
Free-cash
120 677
128 569
72 418
77 269

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95647
₽170874
₽114126
₽51187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 565
social contributions
-
-
-
25 479
total
-
-
-
69 044
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
84 136
223 500
-
-
income
18 510
49 170
-
-
total
18 510
49 170
-
-
Dividends
65 626
174 330
-
-
income
14 438
38 353
-
-
total
14 438
38 353
-
-
Income
223 500
223 500
223 500
223 500
Total tax
131 983
87 523
12 296
69 044
After tax
91 517
135 977
211 204
154 456
Living cost
40 330
40 330
40 330
40 330
Free-cash
51 187
95 647
170 874
114 126

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97527
₽68548
₽86420
₽96576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income
-
-
-
29 814
surtax
-
-
-
-
social contributions

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

-
-
-
77 666
total
-
-
-
107 480
Employee
43 401
-
180 605
-
surtax
-
-
437
-
social contributions
4 774
-
19 867
-
income
9 028
-
62 155
-
total
13 802
-
82 459
-
Employer
43 401
-
180 605
-
social contributions
10 308
-
42 893
-
total
10 308
-
42 893
-
Corporate
169 791
223 500
-
-
income
35 656
46 935
-
-
surtax
-
-
-
-
total
35 656
46 935
-
-
Dividends
134 134
176 565
-
-
withholding
37 558
49 438
-
-
total
37 558
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
97 324
96 373
125 352
107 480
After tax
126 176
127 127
98 148
116 020
Living cost
29 600
29 600
29 600
29 600
Free-cash
96 576
97 527
68 548
86 420

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67066
₽68496
₽75753
₽73554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
43 241
other
-
-
-
6 929
surtax
-
-
-
-
social contributions
-
-
-
6 368
health
-
-
-
11 239
pensions
-
-
-
34 392
total
-
-
-
102 169
Employee
59 104
-
169 989
-
pensions
6 685
-
13 060
-
surtax
-
-
-
-
social contributions
1 683
-
4 842
-
income
5 157
-
38 014
-
total
13 525
-
55 916
-
Employer
59 104
-
169 989
-
health
4 137
-
17 194
-
pensions
9 711
-
21 764
-
unemployment
2 394
-
6 884
-
social contributions
177
-
510
-
other
2 040
-
7 158
-
total
18 459
-
53 510
-
Corporate
145 937
223 500
-
-
income
40 862
62 581
-
-
surtax
-
-
-
-
total
40 862
62 581
-
-
Dividends
105 075
160 919
-
-
surtax
-
-
-
-
social contributions
18 073
27 677
-
-
withholding
13 449
20 598
-
-
total
31 522
48 275
-
-
Income
223 500
223 500
223 500
223 500
Total tax
104 368
110 856
109 426
102 169
After tax
119 132
112 644
114 074
121 331
Living cost
45 578
45 578
45 578
45 578
Free-cash
73 554
67 066
68 496
75 753

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172783
₽140200
₽134260
₽169613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
11 703
social contributions
-
-
-
49 171
total
-
-
-
60 874
Employee
30 338
-
193 506
-
income
-
-
12 362
-
social contributions
1 972
-
12 578
-
total
1 972
-
24 940
-
Employer
30 338
-
193 506
-
social contributions
4 703
-
29 994
-
total
4 703
-
29 994
-
Corporate
188 459
223 500
-
-
income
18 846
22 351
-
-
total
18 846
22 351
-
-
Dividends
169 613
201 149
-
-
total
-
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
25 521
22 351
54 934
60 874
After tax
197 979
201 149
168 566
162 626
Living cost
28 366
28 366
28 366
28 366
Free-cash
169 613
172 783
140 200
134 260

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17908
₽17908
₽83061
₽10045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
labour market
-
-
-
17 815
municipal
-
-
-
48 257
national
-
-
-
28 105
pensions
-
-
-
818
total
-
-
-
94 995
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
17 909
-
-
-
income
3 940
-
-
-
total
3 940
-
-
-
Dividends
13 969
-
-
-
withholding
3 923
-
-
-
total
3 923
-
-
-
Income
223 500
223 500
223 500
223 500
Total tax
168 011
160 148
160 148
94 995
After tax
55 489
63 352
63 352
128 505
Living cost
45 444
45 444
45 444
45 444
Free-cash
10 045
17 908
17 908
83 061

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2556
₽102696
₽131925
₽14935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
64 277
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
70 916
Employee
32 498
-
204 571
-
pensions
3 660
-
7 272
-
income
4 458
-
50 521
-
health
3 721
-
23 423
-
total
11 839
-
81 216
-
Employer
32 498
-
204 571
-
pensions
5 284
-
10 501
-
accident
543
-
3 416
-
unemployment
796
-
5 012
-
total
6 623
-
18 929
-
Corporate
184 379
223 500
-
-
income

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

165 941
201 150
-
-
total
165 941
201 150
-
-
Dividends
18 438
22 350
-
-
withholding
3 503
4 247
-
-
total
3 503
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
187 906
205 397
100 145
70 916
After tax
35 594
18 103
123 355
152 584
Living cost
20 659
20 659
20 659
20 659
Free-cash
14 935
-2 556
102 696
131 925

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100261
₽74005
₽99602
₽103176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
health
-
-
-
3 048
municipal
-
-
-
39 682
national
-
-
-
44 938
total
-
-
-
87 668
Employee
49 648
-
188 021
-
municipal
8 132
-
30 601
-
unemployment
745
-
2 820
-
pensions
3 351
-
12 691
-
national
820
-
29 174
-
health
371
-
2 502
-
total
13 419
-
77 788
-
Employer
49 648
-
188 021
-
health
381
-
1 447
-
pensions
8 614
-
32 621
-
accident
50
-
188
-
unemployment
322
-
1 221
-
total
9 367
-
35 477
-
Corporate
164 484
223 500
-
-
income
32 897
44 700
-
-
total
32 897
44 700
-
-
Dividends

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

98 690
134 100
-
-
municipal
17 765
24 138
-
-
national
10 646
18 171
-
-
total
28 411
42 309
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 094
87 009
113 265
87 668
After tax
139 406
136 491
110 235
135 832
Living cost
36 230
36 230
36 230
36 230
Free-cash
103 176
100 261
74 005
99 602

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽141011
₽126234
₽128045
₽135874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 638
social contributions
-
-
-
15 268
health
-
-
-
5 700
total
-
-
-
73 606
Employee
72 564
72 564
211 464
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
51 664
-
health
562
1 234
3 594
-
total
11 206
13 973
63 381
-
Employer
72 564
72 564
211 464
-
health
611
1 343
3 913
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
12 036
-
Corporate
187 091
143 571
-
-
income
23 386
17 945
-
-
total
23 386
17 945
-
-
Dividends
163 705
125 625
-
-
withholding
27 831
21 357
-
-
total
27 831
21 357
-
-
Income
223 500
223 500
223 500
223 500
Total tax
65 777
60 640
75 417
73 606
After tax
157 723
162 860
148 083
149 894
Living cost
21 849
21 849
21 849
21 849
Free-cash
135 874
141 011
126 234
128 045

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170098
₽156930
₽175860
₽165298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
223 500
income
-
-
-
23 212
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
32 657
Employee

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

21 660
-
214 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
20 874
-
health
1 841
-
7 611
-
total
6 677
-
42 364
-
Employer

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

21 660
-
214 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
199 610
223 500
-
-
income
17 965
20 114
-
-
total
17 965
20 114
-
-
Dividends
181 645
203 386
-
-
withholding
16 348
18 305
-
-
total
16 348
18 305
-
-
Income
223 500
223 500
223 500
223 500
Total tax
43 219
38 419
51 587
32 657
After tax
180 281
185 081
171 913
190 843
Living cost
14 983
14 983
14 983
14 983
Free-cash
165 298
170 098
156 930
175 860

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122337
₽94875
₽98836
₽118169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
72 474
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
98 714
Employee
34 893
-
195 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
69 235
-
total
8 942
-
74 791
-
Employer
34 893
-
195 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
177 483
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.

26 622
33 525
-
-
total
26 622
33 525
-
-
Dividends
150 861
189 975
-
-
withholding
32 693
41 688
-
-
total
32 693
41 688
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 381
75 213
102 675
98 714
After tax
144 119
148 287
120 825
124 786
Living cost
25 950
25 950
25 950
25 950
Free-cash
118 169
122 337
94 875
98 836

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137559
₽142117
₽142252
₽137246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
76 947
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
79 343
Employee
2 901
-
221 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
76 874
-
health
145
-
347
-
total
996
-
77 915
-
Employer
2 901
-
221 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
219 946
223 500
-
-
income
48 388
49 170
-
-
total
48 388
49 170
-
-
Dividends
171 558
174 330
-
-
withholding
34 312
34 866
-
-
total
34 312
34 866
-
-
Income
223 500
223 500
223 500
223 500
Total tax
84 349
84 036
79 478
79 343
After tax
139 151
139 464
144 022
144 157
Living cost
1 905
1 905
1 905
1 905
Free-cash
137 246
137 559
142 117
142 252

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145158
₽128881
₽128882
₽140514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
223 500
income
-
-
-
51 933
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
78 297
Employee

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

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

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

24 612
-
211 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
51 933
-
health
1 267
-
3 592
-
total
8 291
-
65 813
-
Employer

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

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

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

24 612
-
211 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
194 483
223 500
-
-
income
29 172
33 525
-
-
total
29 172
33 525
-
-
Dividends
165 310
189 975
-
-
withholding
24 797
28 496
-
-
total
24 797
28 496
-
-
Income
223 500
223 500
223 500
223 500
Total tax
66 665
62 021
78 298
78 297
After tax
156 835
161 479
145 202
145 203
Living cost
16 321
16 321
16 321
16 321
Free-cash
140 514
145 158
128 881
128 882

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
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.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101686
₽72707
₽90579
₽101346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income
-
-
-
29 814
surtax
-
-
-
-
social contributions

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

-
-
-
77 666
total
-
-
-
107 480
Employee
36 626
-
180 605
-
surtax
-
-
437
-
social contributions
4 029
-
19 867
-
income
7 156
-
62 155
-
total
11 185
-
82 459
-
Employer
36 626
-
180 605
-
social contributions
8 698
-
42 893
-
total
8 698
-
42 893
-
Corporate
178 176
223 500
-
-
income
37 417
46 935
-
-
surtax
-
-
-
-
total
37 417
46 935
-
-
Dividends
140 760
176 565
-
-
withholding
39 413
49 438
-
-
total
39 413
49 438
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 713
96 373
125 352
107 480
After tax
126 787
127 127
98 148
116 020
Living cost
25 441
25 441
25 441
25 441
Free-cash
101 346
101 686
72 707
90 579

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115122
₽87660
₽91621
₽108946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
72 474
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
98 714
Employee
45 575
-
195 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
69 235
-
total
12 412
-
74 791
-
Employer
45 575
-
195 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
163 395
223 500
-
-
income

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

24 509
33 525
-
-
total
24 509
33 525
-
-
Dividends
138 886
189 975
-
-
withholding
29 938
41 688
-
-
total
29 938
41 688
-
-
Income
223 500
223 500
223 500
223 500
Total tax
81 389
75 213
102 675
98 714
After tax
142 111
148 287
120 825
124 786
Living cost
33 165
33 165
33 165
33 165
Free-cash
108 946
115 122
87 660
91 621

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
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.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174862
₽174326
₽164944
₽169112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
33 525
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
42 325
Employee
21 492
-
217 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
21 703
-
health
989
-
1 516
-
total
5 262
-
26 476
-
Employer
21 492
-
217 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
197 791
223 500
-
-
income
19 779
22 350
-
-
total
19 779
22 350
-
-
Dividends
178 012
201 150
-
-
withholding
8 900
10 057
-
-
total
8 900
10 057
-
-
Income
223 500
223 500
223 500
223 500
Total tax
38 157
32 407
32 943
42 325
After tax
185 343
191 093
190 557
181 175
Living cost
16 231
16 231
16 231
16 231
Free-cash
169 112
174 862
174 326
164 944

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽78496
₽101035
₽75258
₽90844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income

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

-
-
-
75 437
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.

-
-
-
4 149
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.

-
-
-
6 447
trade
-
-
-
25 777
total
-
-
-
111 810
Employee

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

46 953
-
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.

213
-
4 149
-
income

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

3 861
-
75 437
-
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.

6 447
-
6 447
-
total
10 521
-
86 033
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 547
223 500
-
-
income
26 482
33 525
-
-
surtax

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

1 456
1 845
-
-
chamber of commerce
403
471
-
-
trade
25 334
32 073
-
-
total
53 675
67 914
-
-
Dividends
122 871
155 586
-
-
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.

1 669
2 120
-
-
withholding
30 359
38 538
-
-
total
32 028
40 658
-
-
Income
223 500
223 500
223 500
223 500
Total tax
96 224
108 572
86 033
111 810
After tax
127 276
114 928
137 467
111 690
Living cost
36 432
36 432
36 432
36 432
Free-cash
90 844
78 496
101 035
75 258

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102694
₽57329
₽57329
₽104777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
73 802
social contributions
-
-
-
38 614
total
-
-
-
112 416
Employee
73 816
-
223 500
-
income
13 929
-
73 802
-
social contributions
6 133
-
38 614
-
total
20 062
-
112 416
-
Employer
73 816
-
223 500
-
total
-
-
-
-
Corporate
149 684
223 500
-
-
income
18 710
27 938
-
-
total
18 710
27 938
-
-
Dividends
130 974
195 562
-
-
withholding
26 196
39 113
-
-
total
26 196
39 113
-
-
Income
223 500
223 500
223 500
223 500
Total tax
64 968
67 051
112 416
112 416
After tax
158 532
156 449
111 084
111 084
Living cost
53 755
53 755
53 755
53 755
Free-cash
104 777
102 694
57 329
57 329

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106034
₽121163
₽150011
₽109333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 709
total
-
-
-
39 234
Employee
43 290
-
219 159
-
income
4 697
-
59 400
-
social contributions
4 337
-
4 341
-
total
9 034
-
63 741
-
Employer
43 290
-
219 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
175 873
223 500
-
-
income
61 555
78 225
-
-
total
61 555
78 225
-
-
Dividends
114 318
145 275
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
223 500
223 500
223 500
223 500
Total tax
79 912
83 211
68 082
39 234
After tax
143 588
140 289
155 418
184 266
Living cost
34 255
34 255
34 255
34 255
Free-cash
109 333
106 034
121 163
150 011

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105119
₽89007
₽108916
₽110693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 500
income
-
-
-
70 009
pensions
-
-
-
9 621
total
-
-
-
79 630
Employee
47 979
-
194 706
-
pensions
3 662
-
11 411
-
income
8 737
-
56 735
-
health
626
-
2 599
-
total
13 025
-
70 745
-
Employer
47 979
-
194 706
-
health
912
-
3 699
-
pensions
4 847
-
25 095
-
total
5 759
-
28 794
-
Corporate
169 761
223 500
-
-
income

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

32 255
42 464
-
-
total
32 255
42 464
-
-
Dividends
137 506
181 036
-
-
withholding
26 814
40 963
-
-
total
26 814
40 963
-
-
Income
223 500
223 500
223 500
223 500
Total tax
77 853
83 427
99 539
79 630
After tax
145 647
140 073
123 961
143 870
Living cost
34 954
34 954
34 954
34 954
Free-cash
110 693
105 119
89 007
108 916

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4601
₽100651
₽129880
₽14621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
64 277
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
70 916
Employee
35 715
-
204 571
-
pensions
4 022
-
7 272
-
income
4 900
-
50 521
-
health
4 089
-
23 423
-
total
13 011
-
81 216
-
Employer
35 715
-
204 571
-
pensions
5 807
-
10 501
-
accident
596
-
3 416
-
unemployment
875
-
5 012
-
total
7 278
-
18 929
-
Corporate
180 507
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.

162 456
201 150
-
-
total
162 456
201 150
-
-
Dividends
18 051
22 350
-
-
withholding
3 430
4 247
-
-
total
3 430
4 247
-
-
Income
223 500
223 500
223 500
223 500
Total tax
186 175
205 397
100 145
70 916
After tax
37 325
18 103
123 355
152 584
Living cost
22 704
22 704
22 704
22 704
Free-cash
14 621
-4 601
100 651
129 880

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158230
₽152282
₽131529
₽155374
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
223 500
income
-
-
-
37 716
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
79 223
Employee

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

20 397
-
223 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
37 716
-
total
7 649
-
58 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 103
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%.

20 310
22 350
-
-
total
20 310
22 350
-
-
Dividends
182 793
201 150
-
-
withholding
27 419
30 172
-
-
total
27 419
30 172
-
-
Income
223 500
223 500
223 500
223 500
Total tax
55 378
52 522
58 470
79 223
After tax
168 122
170 978
165 030
144 277
Living cost
12 748
12 748
12 748
12 748
Free-cash
155 374
158 230
152 282
131 529

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80133
₽60220
₽67970
₽75839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
5 554
municipal
-
-
-
1 587
national
-
-
-
63 566
total
-
-
-
117 937
Employee
79 519
-
223 500
-
municipal
475
-
1 454
-
national
13 438
-
57 248
-
regional
1 201
-
5 065
-
social contributions
26 813
-
61 920
-
total
41 927
-
125 687
-
Employer
79 519
-
223 500
-
total
-
-
-
-
Corporate
143 981
223 500
-
-
municipal
6 939
10 773
-
-
nationa
34 555
53 639
-
-
total
41 494
64 412
-
-
Dividends
102 486
159 087
-
-
withholding
26 647
41 362
-
-
total
26 647
41 362
-
-
Income
223 500
223 500
223 500
223 500
Total tax
110 068
105 774
125 687
117 937
After tax
113 432
117 726
97 813
105 563
Living cost
37 593
37 593
37 593
37 593
Free-cash
75 839
80 133
60 220
67 970

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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