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
₽ 224500
per

Your estimated
City
free-cash

Dresden , Germany
₽82726
₽93841
₽80430
₽108434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
trade
-
-
-
28 004
income

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

-
-
-
74 671
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.

-
-
-
6 862
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.

-
-
-
4 108
total
-
-
-
113 645
Employee

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

38 419
-
224 500
-
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.

6 862
-
6 862
-
surtax

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

59
-
4 108
-
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.

1 073
-
74 671
-
total
7 994
-
85 641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 081
224 500
-
-
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.

1 534
1 853
-
-
income
27 912
33 674
-
-
trade
29 307
35 360
-
-
chamber of commerce
419
475
-
-
total
59 172
71 362
-
-
Dividends
126 908
153 139
-
-
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.

1 723
2 085
-
-
withholding
31 345
37 902
-
-
total
33 068
39 987
-
-
Income
224 500
224 500
224 500
224 500
Total tax
100 234
111 349
85 641
113 645
After tax
124 266
113 151
138 859
110 855
Living cost
30 425
30 425
30 425
30 425
Free-cash
93 841
82 726
108 434
80 430

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89409
₽88565
₽77239
₽78445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
24 937
pensions
-
-
-
26 940
national
-
-
-
42 292
social contributions
-
-
-
2 413
total
-
-
-
96 582
Employee
78 562
-
194 078
-
municipal
9 704
-
25 806
-
pensions
3 142
-
7 763
-
national
15 037
-
44 195
-
total
27 883
-
77 764
-
Employer
78 562
-
194 078
-
social contributions
845
-
2 086
-
pensions
6 285
-
15 526
-
total
7 130
-
17 612
-
Corporate
133 623
224 500
-
-
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%.

26 725
44 900
-
-
total
26 725
44 900
-
-
Dividends
106 899
179 600
-
-
withholding
23 518
39 512
-
-
total
23 518
39 512
-
-
Income
224 500
224 500
224 500
224 500
Total tax
85 256
84 412
95 376
96 582
After tax
139 244
140 088
129 124
127 918
Living cost
50 679
50 679
50 679
50 679
Free-cash
88 565
89 409
78 445
77 239

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158703
₽150463
₽60659
₽76631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
microenterprise
-
-
-
-
income
-
-
-
47 210
surtax
-
-
-
57 248
social contributions

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

-
-
-
38 486
total
-
-
-
142 944
Employee
29 351
-
176 272
-
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.

3 229
-
13 168
-
surtax
-
-
25 560
-
income
5 225
-
40 016
-
total
8 454
-
78 744
-
Employer
29 351
-
176 272
-
social contributions

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

7 070
-
28 838
-
surtax
-
-
19 390
-
total
7 070
-
48 228
-
Corporate
188 079
224 500
-
-
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%.

37 616
44 900
-
-
total
37 616
44 900
-
-
Dividends

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

150 462
179 600
-
-
total
-
-
-
-
Income
224 500
224 500
224 500
224 500
Total tax
53 140
44 900
126 972
142 944
After tax
171 360
179 600
97 528
81 556
Living cost
20 897
20 897
20 897
20 897
Free-cash
150 463
158 703
76 631
60 659

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69780
₽63625
₽78554
₽101503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
79 712
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
103 867
Employee
85 778
85 778
205 833
-
health
13 166
11 199
12 386
-
income

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

14 040
14 040
38 096
-
pensions
15 440
11 769
11 769
-
total
42 646
37 008
62 251
-
Employer
85 778
85 778
205 833
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 421
-
health
5 963
5 963
7 409
-
total
15 021
15 021
18 667
-
Corporate
124 754
123 702
-
-
income
24 950
24 740
-
-
total
24 950
24 740
-
-
Dividends
99 804
98 961
-
-
income
21 208
21 029
-
-
withholding
14 971
14 843
-
-
total
36 179
35 872
-
-
Income
224 500
224 500
224 500
224 500
Total tax
118 796
112 641
80 918
103 867
After tax
105 704
111 859
143 582
120 633
Living cost
42 079
42 079
42 079
42 079
Free-cash
63 625
69 780
101 503
78 554

Estimated living cost  is ₽42079 per week

₽29820
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.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽83615
₽82742
₽73079
₽72133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
59 569
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
28 152
total
-
-
-
112 459
Employee
55 518
-
197 670
-
municipal
16 555
-
58 945
-
national
-
-
27 629
-
total
16 555
-
86 574
-
Employer
55 518
-
197 670
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
151 539
224 500
-
-
income
33 338
49 390
-
-
total
33 338
49 390
-
-
Dividends
118 200
175 110
-
-
withholding
35 460
52 533
-
-
total
35 460
52 533
-
-
Income
224 500
224 500
224 500
224 500
Total tax
102 796
101 923
113 405
112 459
After tax
121 704
122 577
111 095
112 041
Living cost
38 962
38 962
38 962
38 962
Free-cash
82 742
83 615
72 133
73 079

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72536
₽86650
₽70151
₽99399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
trade
-
-
-
29 248
income

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

-
-
-
74 671
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.

-
-
-
6 862
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.

-
-
-
4 108
total
-
-
-
114 889
Employee

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

50 939
-
224 500
-
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.

6 862
-
6 862
-
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.

240
-
4 108
-
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.

4 377
-
74 671
-
total
11 479
-
85 641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 561
224 500
-
-
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.

1 432
1 853
-
-
income
26 035
33 674
-
-
trade
28 551
36 930
-
-
chamber of commerce
398
473
-
-
total
56 416
72 930
-
-
Dividends
117 146
151 570
-
-
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.

1 590
2 062
-
-
withholding
28 905
37 512
-
-
total
30 495
39 574
-
-
Income
224 500
224 500
224 500
224 500
Total tax
98 390
112 504
85 641
114 889
After tax
126 110
111 996
138 859
109 611
Living cost
39 460
39 460
39 460
39 460
Free-cash
86 650
72 536
99 399
70 151

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131040
₽126874
₽118485
₽116638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
51 459
health
-
-
-
5 724
social contributions
-
-
-
16 252
total
-
-
-
73 435
Employee
77 239
77 239
211 933
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 603
-
income
8 111
7 150
50 466
-
total
12 632
14 873
62 715
-
Employer
77 239
77 239
211 933
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
3 921
-
total
4 590
7 840
12 567
-
Corporate
174 698
139 421
-
-
income
21 837
17 428
-
-
total
21 837
17 428
-
-
Dividends
152 861
121 993
-
-
withholding
25 987
20 739
-
-
total
25 987
20 739
-
-
Income
224 500
224 500
224 500
224 500
Total tax
65 046
60 880
75 282
73 435
After tax
159 454
163 620
149 218
151 065
Living cost
32 580
32 580
32 580
32 580
Free-cash
126 874
131 040
116 638
118 485

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107785
₽108164
₽137296
₽111916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
27 445
pensions
-
-
-
22 450
unemployment
-
-
-
3 367
health
-
-
-
15 715
total
-
-
-
68 977
Employee

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
187 866
-
health
1 842
733
13 151
-
income
3 216
1 280
22 967
-
pensions
2 631
1 047
18 787
-
unemployment
395
157
2 818
-
total
8 084
3 217
57 723
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 310
10 471
187 866
-
pensions
5 131
2 042
36 634
-
total
5 131
2 042
36 634
-
Corporate
193 059
211 987
-
-
income
17 375
19 079
-
-
total
17 375
19 079
-
-
Dividends
175 684
192 908
-
-
social contributions
34 139
37 497
-
-
withholding
33 380
36 653
-
-
total
67 519
74 150
-
-
Income
224 500
224 500
224 500
224 500
Total tax
98 109
98 488
94 357
68 977
After tax
126 391
126 012
130 143
155 523
Living cost
18 227
18 227
18 227
18 227
Free-cash
108 164
107 785
111 916
137 296

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155338
₽149097
₽96070
₽105137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
30 083
pensions
-
-
-
44 900
health
-
-
-
29 185
total
-
-
-
104 168
Employee
28 495
-
167 788
-
income
3 208
-
32 350
-
pensions
570
-
3 355
-
unemployment
456
-
2 684
-
total
4 234
-
38 389
-
Employer
28 495
-
167 788
-
unemployment
229
-
1 342
-
pensions
5 699
-
33 558
-
health
3 704
-
21 812
-
total
9 632
-
56 712
-
Corporate
186 373
224 500
-
-
income
37 275
44 900
-
-
total
37 275
44 900
-
-
Dividends
149 098
179 600
-
-
total
-
-
-
-
Income
224 500
224 500
224 500
224 500
Total tax
51 141
44 900
95 101
104 168
After tax
173 359
179 600
129 399
120 332
Living cost
24 262
24 262
24 262
24 262
Free-cash
149 097
155 338
105 137
96 070

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3859
₽14803
₽131253
₽101586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
253
income
-
-
-
64 225
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
71 203
Employee
34 676
-
205 014
-
health
3 970
-
23 474
-
income
4 757
-
50 265
-
pensions
3 905
-
7 645
-
total
12 632
-
81 384
-
Employer
34 676
-
205 014
-
accident
579
-
3 424
-
unemployment
850
-
5 023
-
pensions
5 639
-
11 039
-
total
7 068
-
19 486
-
Corporate
182 757
224 500
-
-
income

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

164 481
202 050
-
-
total
164 481
202 050
-
-
Dividends
18 276
22 450
-
-
withholding
3 472
4 265
-
-
total
3 472
4 265
-
-
Income
224 500
224 500
224 500
224 500
Total tax
187 653
206 315
100 870
71 203
After tax
36 847
18 185
123 630
153 297
Living cost
22 044
22 044
22 044
22 044
Free-cash
14 803
-3 859
101 586
131 253

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204175
₽202469
₽213155
₽170500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
224 500
microenterprise

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

-
-
-
2 245
total
-
-
-
2 245
Employee
11 374
-
224 500
-
income
2 275
-
44 900
-
total
2 275
-
44 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

213 126
224 500
-
-
total
-
-
-
-
Dividends
213 126
224 500
-
-
withholding
10 656
11 225
-
-
total
10 656
11 225
-
-
Income
224 500
224 500
224 500
224 500
Total tax
12 931
11 225
44 900
2 245
After tax
211 569
213 275
179 600
222 255
Living cost
9 100
9 100
9 100
9 100
Free-cash
202 469
204 175
170 500
213 155

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138175
₽131393
₽107883
₽106024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
39 216
pensions

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

-
-
-
36 660
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
89 852
Employee
36 471
-
185 744
-
health
511
-
2 139
-
income
6 279
-
38 596
-
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.

2 552
-
10 692
-
unemployment
364
-
1 527
-
total
9 706
-
52 954
-
Employer
36 471
-
185 744
-
accident
292
-
1 487
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
pensions

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

6 201
-
25 968
-
health
511
-
2 139
-
total
9 192
-
38 757
-
Corporate
178 837
224 500
-
-
income
37 555
47 145
-
-
total
37 555
47 145
-
-
Dividends
141 282
177 355
-
-
withholding
9 889
12 415
-
-
total
9 889
12 415
-
-
Income
224 500
224 500
224 500
224 500
Total tax
66 342
59 560
91 711
89 852
After tax
158 158
164 940
132 789
134 648
Living cost
26 765
26 765
26 765
26 765
Free-cash
131 393
138 175
106 024
107 883

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽74709
₽82786
₽78187
₽58132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
69 237
pensions
-
-
-
9 983
total
-
-
-
79 220
Employee
94 927
-
195 670
-
health
1 564
-
2 652
-
income
17 112
-
55 866
-
pensions
9 158
-
11 929
-
total
27 834
-
70 447
-
Employer
94 927
-
195 670
-
pensions
11 208
-
25 110
-
health
1 803
-
3 718
-
total
13 011
-
28 828
-
Corporate
116 562
224 500
-
-
income

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

22 147
42 654
-
-
total
22 147
42 654
-
-
Dividends
94 415
181 846
-
-
withholding
11 629
40 044
-
-
total
11 629
40 044
-
-
Income
224 500
224 500
224 500
224 500
Total tax
74 621
82 698
99 275
79 220
After tax
149 879
141 802
125 225
145 280
Living cost
67 093
67 093
67 093
67 093
Free-cash
82 786
74 709
58 132
78 187

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
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.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178780
₽174115
₽168291
₽177608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
33 675
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
43 041
Employee
17 436
-
217 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
21 761
-
pensions

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

1 531
-
3 080
-
total
4 268
-
26 841
-
Employer
17 436
-
217 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
203 643
224 500
-
-
income
20 364
22 450
-
-
total
20 364
22 450
-
-
Dividends
183 279
202 050
-
-
withholding
9 164
10 102
-
-
total
9 164
10 102
-
-
Income
224 500
224 500
224 500
224 500
Total tax
37 217
32 552
33 724
43 041
After tax
187 283
191 948
190 776
181 459
Living cost
13 168
13 168
13 168
13 168
Free-cash
174 115
178 780
177 608
168 291

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56160
₽58687
₽64934
₽87883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
79 712
pensions
-
-
-
11 769
health
-
-
-
12 386
total
-
-
-
103 867
Employee
93 127
85 778
205 833
-
health
11 618
11 199
12 386
-
income

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

14 040
14 040
38 096
-
pensions
11 769
11 769
11 769
-
total
37 427
37 008
62 251
-
Employer
93 127
85 778
205 833
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 421
-
health
6 471
5 963
7 409
-
total
16 305
15 021
18 667
-
Corporate
115 067
123 702
-
-
income
23 013
24 740
-
-
total
23 013
24 740
-
-
Dividends
92 054
98 961
-
-
income
19 561
21 029
-
-
withholding
13 808
14 843
-
-
total
33 369
35 872
-
-
Income
224 500
224 500
224 500
224 500
Total tax
110 114
112 641
80 918
103 867
After tax
114 386
111 859
143 582
120 633
Living cost
55 699
55 699
55 699
55 699
Free-cash
58 687
56 160
87 883
64 934

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130548
₽121978
₽108777
₽98911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
23 944
health
-
-
-
30 308
solidarity contribution
-
-
-
2 888
social contributions
-
-
-
34 563
total
-
-
-
91 703
Employee
35 323
-
178 815
-
social contributions
2 296
-
7 694
-
health
4 769
-
24 140
-
solidarity contribution
-
-
2 003
-
income
4 239
-
22 047
-
total
11 304
-
55 884
-
Employer
35 323
-
178 815
-
social contributions
8 831
-
29 592
-
health
3 179
-
16 093
-
total
12 010
-
45 685
-
Corporate
177 167
224 500
-
-
income
33 662
42 655
-
-
total
33 662
42 655
-
-
Dividends
143 505
181 845
-
-
withholding
21 526
27 277
-
-
total
21 526
27 277
-
-
Income
224 500
224 500
224 500
224 500
Total tax
78 502
69 932
101 569
91 703
After tax
145 998
154 568
122 931
132 797
Living cost
24 020
24 020
24 020
24 020
Free-cash
121 978
130 548
98 911
108 777

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77396
₽72151
₽65719
₽57200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
1 393
regional
-
-
-
2 831
national
-
-
-
61 899
social contributions
-
-
-
50 273
total
-
-
-
116 396
Employee
89 271
-
224 500
-
social contributions
30 102
-
65 910
-
regional
842
-
2 561
-
municipal
473
-
1 270
-
national
15 469
-
55 174
-
total
46 886
-
124 915
-
Employer
89 271
-
224 500
-
total
-
-
-
-
Corporate
135 229
224 500
-
-
nationa
32 454
53 880
-
-
municipal
5 274
8 755
-
-
total
37 728
62 635
-
-
Dividends
97 500
161 865
-
-
withholding
25 350
42 084
-
-
total
25 350
42 084
-
-
Income
224 500
224 500
224 500
224 500
Total tax
109 964
104 719
124 915
116 396
After tax
114 536
119 781
99 585
108 104
Living cost
42 385
42 385
42 385
42 385
Free-cash
72 151
77 396
57 200
65 719

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119045
₽115919
₽83443
₽77301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
70 467
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
11 866
total
-
-
-
118 892
Employee
33 217
-
196 281
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
10 663
-
income
5 568
-
64 461
-
pensions
2 215
-
8 942
-
unemployment
2 312
-
9 331
-
total
11 052
-
96 815
-
Employer
33 217
-
196 281
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 100
-
total
6 992
-
28 219
-
Corporate
184 291
224 500
-
-
income
47 915
58 371
-
-
total
47 915
58 371
-
-
Dividends
136 375
166 129
-
-
withholding
20 457
24 919
-
-
total
20 457
24 919
-
-
Income
224 500
224 500
224 500
224 500
Total tax
86 416
83 290
125 034
118 892
After tax
138 084
141 210
99 466
105 608
Living cost
22 165
22 165
22 165
22 165
Free-cash
115 919
119 045
77 301
83 443

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95966
₽102592
₽99444
₽79389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
69 237
pensions
-
-
-
9 983
total
-
-
-
79 220
Employee
63 617
-
195 670
-
health
924
-
2 652
-
income
11 458
-
55 866
-
pensions
5 400
-
11 929
-
total
17 782
-
70 447
-
Employer
63 617
-
195 670
-
pensions
6 887
-
25 110
-
health
1 209
-
3 718
-
total
8 096
-
28 828
-
Corporate
152 787
224 500
-
-
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.

29 029
42 654
-
-
total
29 029
42 654
-
-
Dividends
123 759
181 846
-
-
withholding
21 165
40 044
-
-
total
21 165
40 044
-
-
Income
224 500
224 500
224 500
224 500
Total tax
76 072
82 698
99 275
79 220
After tax
148 428
141 802
125 225
145 280
Living cost
45 836
45 836
45 836
45 836
Free-cash
102 592
95 966
79 389
99 444

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26263
₽58951
₽101688
₽93511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
city
-
-
-
2 366
pensions
-
-
-
20 655
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.

-
-
-
4 489
regional
-
-
-
12 591
health
-
-
-
504
national
-
-
-
5 813
total
-
-
-
46 418
Employee
89 401
-
202 069
-
city
959
-
2 186
-
regional
2 927
-
11 225
-
health
202
-
455
-
pensions
7 511
-
15 710
-
unemployment
-
-
-
-
national
423
-
4 812
-
total
12 022
-
34 388
-
Employer
89 401
-
202 069
-
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.

1 787
-
4 042
-
unemployment
-
-
-
-
pensions
7 511
-
15 710
-
health
202
-
455
-
total
9 500
-
20 207
-
Corporate
124 616
224 500
-
-
regional
26 357
47 482
-
-
national
10 593
19 083
-
-
total
36 950
66 565
-
-
Dividends
87 666
157 934
-
-
withholding
30 683
55 278
-
-
total
30 683
55 278
-
-
Income
224 500
224 500
224 500
224 500
Total tax
89 155
121 843
54 595
46 418
After tax
135 345
102 657
169 905
178 082
Living cost
76 394
76 394
76 394
76 394
Free-cash
58 951
26 263
93 511
101 688

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64827
₽81116
₽62351
₽92844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
trade
-
-
-
30 493
income

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

-
-
-
74 671
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.

-
-
-
6 862
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.

-
-
-
4 108
total
-
-
-
116 134
Employee

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

60 367
-
224 500
-
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.

6 862
-
6 862
-
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.

391
-
4 108
-
income

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

7 099
-
74 671
-
total
14 352
-
85 641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 133
224 500
-
-
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.

1 353
1 853
-
-
income
24 620
33 674
-
-
trade
28 148
38 501
-
-
chamber of commerce
383
469
-
-
total
54 504
74 497
-
-
Dividends
109 628
150 003
-
-
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.

1 487
2 042
-
-
withholding
27 026
37 119
-
-
total
28 513
39 161
-
-
Income
224 500
224 500
224 500
224 500
Total tax
97 369
113 658
85 641
116 134
After tax
127 131
110 842
138 859
108 366
Living cost
46 015
46 015
46 015
46 015
Free-cash
81 116
64 827
92 844
62 351

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78782
₽84716
₽88610
₽82129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
41 693
pensions
-
-
-
35 497
other
-
-
-
6 959
health
-
-
-
10 978
surtax
-
-
-
-
social contributions
-
-
-
6 397
total
-
-
-
101 524
Employee
42 990
-
171 304
-
social contributions
1 226
-
4 880
-
surtax
-
-
-
-
income
2 537
-
37 006
-
pensions
4 861
-
12 924
-
total
8 624
-
54 810
-
Employer
42 990
-
171 304
-
other
1 483
-
7 115
-
social contributions
130
-
515
-
unemployment
1 740
-
6 938
-
pensions
7 062
-
21 577
-
health
3 010
-
17 050
-
total
13 425
-
53 195
-
Corporate
168 085
224 500
-
-
surtax
-
-
-
-
income
47 063
62 860
-
-
total
47 063
62 860
-
-
Dividends
121 022
161 640
-
-
surtax
-
-
-
-
social contributions
20 815
27 802
-
-
withholding
15 491
20 690
-
-
total
36 306
48 492
-
-
Income
224 500
224 500
224 500
224 500
Total tax
105 418
111 352
108 005
101 524
After tax
119 082
113 148
116 495
122 976
Living cost
34 366
34 366
34 366
34 366
Free-cash
84 716
78 782
82 129
88 610

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82187
₽87768
₽92015
₽85534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
41 693
pensions
-
-
-
35 497
other
-
-
-
6 959
health
-
-
-
10 978
surtax
-
-
-
-
social contributions
-
-
-
6 397
total
-
-
-
101 524
Employee
38 374
-
171 304
-
social contributions
1 094
-
4 880
-
surtax
-
-
-
-
income
1 979
-
37 006
-
pensions
4 340
-
12 924
-
total
7 413
-
54 810
-
Employer
38 374
-
171 304
-
other
1 325
-
7 115
-
social contributions
114
-
515
-
unemployment
1 554
-
6 938
-
pensions
6 306
-
21 577
-
health
2 686
-
17 050
-
total
11 985
-
53 195
-
Corporate
174 141
224 500
-
-
surtax
-
-
-
-
income
48 760
62 860
-
-
total
48 760
62 860
-
-
Dividends
125 382
161 640
-
-
surtax
-
-
-
-
social contributions
21 565
27 802
-
-
withholding
16 048
20 690
-
-
total
37 613
48 492
-
-
Income
224 500
224 500
224 500
224 500
Total tax
105 771
111 352
108 005
101 524
After tax
118 729
113 148
116 495
122 976
Living cost
30 961
30 961
30 961
30 961
Free-cash
87 768
82 187
85 534
92 015

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115666
₽116188
₽122874
₽116846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
33 674
health
-
-
-
15 671
social contributions
-
-
-
30 981
total
-
-
-
80 326
Employee
34 058
-
224 500
-
social contributions
4 701
-
30 981
-
health
2 377
-
15 671
-
income
5 680
-
39 702
-
total
12 758
-
86 354
-
Employer
34 058
-
224 500
-
total
-
-
-
-
Corporate
190 442
224 500
-
-
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%.

9 521
11 225
-
-
total
9 521
11 225
-
-
Dividends
180 921
213 275
-
-
health
12 628
14 887
-
-
social contributions
24 967
29 431
-
-
withholding
27 138
31 991
-
-
total
64 733
76 309
-
-
Income
224 500
224 500
224 500
224 500
Total tax
87 012
87 534
86 354
80 326
After tax
137 488
136 966
138 146
144 174
Living cost
21 300
21 300
21 300
21 300
Free-cash
116 188
115 666
116 846
122 874

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88367
₽86813
₽79639
₽23476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
chamber of commerce
-
-
-
898
income
-
-
-
71 525
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
109 467
Employee
50 199
40 030
185 553
-
other
501
400
1 174
-
health
1 942
1 550
4 541
-
income
5 715
2 953
59 993
-
pensions
5 141
4 098
12 017
-
unemployment
1 506
1 201
3 521
-
total
14 805
10 202
81 246
-
Employer
50 199
40 030
185 553
-
accident
652
520
1 525
-
other
2 385
1 900
8 233
-
chamber of commerce
200
160
742
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 025
14 727
-
payroll
1 506
1 201
5 566
-
health
1 897
1 514
4 436
-
total
14 644
11 719
38 948
-
Corporate
159 658
172 751
181 741
-
income

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

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

39 915
43 188
45 436
-
total
39 915
43 188
45 436
-
Dividends
119 743
129 563
-
-
withholding
32 929
35 630
-
-
total
32 929
35 630
-
-
Income
224 500
224 500
224 500
224 500
Total tax
102 293
100 739
165 630
109 467
After tax
122 207
123 761
58 870
115 033
Living cost
35 394
35 394
35 394
35 394
Free-cash
86 813
88 367
23 476
79 639

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86656
₽73767
₽61013
₽39759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
national
-
-
-
89 853
communal

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

-
-
-
11 967
social contributions
-
-
-
25 043
total
-
-
-
126 863
Employee

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

71 850
-
173 883
-
communal

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

3 748
-
9 070
-
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.

3 376
-
8 172
-
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.

5 389
-
13 042
-
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.

625
-
1 514
-
national
22 090
-
65 702
-
total
35 228
-
97 500
-
Employer

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

71 850
-
173 883
-
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.

934
-
2 261
-
unemployment

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

1 048
-
2 539
-
surtax
8 147
-
19 717
-
pensions

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

6 367
-
15 406
-
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.

4 419
-
10 694
-
total
20 915
-
50 617
-
Corporate
131 735
224 500
-
-
surtax
526
959
-
-
income
26 347
47 950
-
-
total
26 873
48 909
-
-
Dividends
104 862
175 591
-
-
withholding

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

31 093
52 311
-
-
total
31 093
52 311
-
-
Income
224 500
224 500
224 500
224 500
Total tax
114 109
101 220
148 117
126 863
After tax
110 391
123 280
76 383
97 637
Living cost
36 624
36 624
36 624
36 624
Free-cash
73 767
86 656
39 759
61 013

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112795
₽105913
₽89180
₽84967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
839
income
-
-
-
71 113
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
99 044
Employee
50 000
-
194 819
-
other
50
-
93
-
income
10 550
-
67 664
-
pensions
2 350
-
4 377
-
unemployment
776
-
1 443
-
total
13 726
-
73 577
-
Employer
50 000
-
194 819
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 751
-
5 120
-
pensions
11 799
-
21 972
-
total
15 937
-
29 680
-
Corporate
158 562
224 500
-
-
income

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

23 785
33 674
-
-
total
23 785
33 674
-
-
Dividends
134 777
190 826
-
-
withholding
28 863
41 755
-
-
total
28 863
41 755
-
-
Income
224 500
224 500
224 500
224 500
Total tax
82 311
75 429
103 257
99 044
After tax
142 189
149 071
121 243
125 456
Living cost
36 276
36 276
36 276
36 276
Free-cash
105 913
112 795
84 967
89 180

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72672
₽58864
₽51081
₽60033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
1 893
income
-
-
-
42 196
pensions
-
-
-
33 650
health
-
-
-
15 775
surtax
-
-
-
11 130
communal
-
-
-
14 188
total
-
-
-
118 832
Employee
76 068
-
200 536
-
health
3 385
-
8 925
-
surtax
4 662
-
12 289
-
income
7 347
-
48 660
-
pensions
6 085
-
16 042
-
total
21 479
-
85 916
-
Employer
76 068
-
200 536
-
accident
684
-
1 805
-
pensions
6 085
-
16 042
-
health
2 320
-
6 117
-
total
9 089
-
23 964
-
Corporate
139 344
224 500
-
-
surtax
1 464
2 358
-
-
communal
9 405
15 154
-
-
income
20 901
33 674
-
-
total
31 770
51 186
-
-
Dividends
107 573
173 314
-
-
income
32 575
20 059
-
-
withholding
16 136
25 996
-
-
total
48 711
46 055
-
-
Income
224 500
224 500
224 500
224 500
Total tax
111 049
97 241
109 880
118 832
After tax
113 451
127 259
114 620
105 668
Living cost
54 587
54 587
54 587
54 587
Free-cash
58 864
72 672
60 033
51 081

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118648
₽115454
₽83046
₽76904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
70 467
pensions
-
-
-
26 812
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 518
surtax
-
-
-
11 866
total
-
-
-
118 892
Employee
33 827
-
196 281
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
10 663
-
income
5 671
-
64 461
-
pensions
2 257
-
8 942
-
unemployment
2 354
-
9 331
-
total
11 265
-
96 815
-
Employer
33 827
-
196 281
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 100
-
total
7 121
-
28 219
-
Corporate
183 552
224 500
-
-
income
47 723
58 371
-
-
total
47 723
58 371
-
-
Dividends
135 829
166 129
-
-
withholding
20 375
24 919
-
-
total
20 375
24 919
-
-
Income
224 500
224 500
224 500
224 500
Total tax
86 484
83 290
125 034
118 892
After tax
138 016
141 210
99 466
105 608
Living cost
22 562
22 562
22 562
22 562
Free-cash
115 454
118 648
76 904
83 046

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90944
₽88714
₽80340
₽71869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
1 393
regional
-
-
-
3 537
national
-
-
-
61 899
social contributions
-
-
-
50 273
total
-
-
-
117 102
Employee
55 719
-
224 500
-
social contributions
18 789
-
65 910
-
regional
750
-
3 219
-
municipal
295
-
1 270
-
national
8 827
-
55 174
-
total
28 661
-
125 573
-
Employer
55 719
-
224 500
-
total
-
-
-
-
Corporate
168 781
224 500
-
-
nationa
40 508
53 880
-
-
municipal
8 389
11 157
-
-
total
48 897
65 037
-
-
Dividends
119 883
159 463
-
-
withholding
31 170
41 461
-
-
total
31 170
41 461
-
-
Income
224 500
224 500
224 500
224 500
Total tax
108 728
106 498
125 573
117 102
After tax
115 772
118 002
98 927
107 398
Living cost
27 058
27 058
27 058
27 058
Free-cash
88 714
90 944
71 869
80 340

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124969
₽114411
₽103198
₽93332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
23 944
health
-
-
-
30 308
solidarity contribution
-
-
-
2 888
social contributions
-
-
-
34 563
total
-
-
-
91 703
Employee
43 527
-
178 815
-
social contributions
2 829
-
7 694
-
health
5 876
-
24 140
-
solidarity contribution
-
-
2 003
-
income
5 223
-
22 047
-
total
13 928
-
55 884
-
Employer
43 527
-
178 815
-
social contributions
10 882
-
29 592
-
health
3 917
-
16 093
-
total
14 799
-
45 685
-
Corporate
166 173
224 500
-
-
income
31 573
42 655
-
-
total
31 573
42 655
-
-
Dividends
134 601
181 845
-
-
withholding
20 190
27 277
-
-
total
20 190
27 277
-
-
Income
224 500
224 500
224 500
224 500
Total tax
80 490
69 932
101 569
91 703
After tax
144 010
154 568
122 931
132 797
Living cost
29 599
29 599
29 599
29 599
Free-cash
114 411
124 969
93 332
103 198

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91823
₽91328
₽83185
₽26875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
chamber of commerce
-
-
-
898
income
-
-
-
71 525
pensions
-
-
-
21 709
unemployment
-
-
-
6 161
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
109 269
Employee
43 908
40 030
185 736
-
other
438
400
1 174
-
health
1 698
1 550
4 541
-
income
3 911
2 953
60 081
-
pensions
4 497
4 098
12 017
-
unemployment
1 317
1 201
3 521
-
total
11 861
10 202
81 334
-
Employer
43 908
40 030
185 736
-
accident
570
520
1 525
-
other
2 085
1 900
8 240
-
chamber of commerce
175
160
743
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 025
14 727
-
payroll
1 317
1 201
5 572
-
health
1 660
1 514
4 436
-
total
12 635
11 521
38 764
-
Corporate
167 956
172 949
181 924
-
income

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

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

41 989
43 238
45 481
-
total
41 989
43 238
45 481
-
Dividends
125 966
129 712
-
-
withholding
34 641
35 670
-
-
total
34 641
35 670
-
-
Income
224 500
224 500
224 500
224 500
Total tax
101 126
100 631
165 579
109 269
After tax
123 374
123 869
58 921
115 231
Living cost
32 046
32 046
32 046
32 046
Free-cash
91 328
91 823
26 875
83 185

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199095
₽196436
₽208075
₽165420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
224 500
microenterprise

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

-
-
-
2 245
total
-
-
-
2 245
Employee
17 726
-
224 500
-
income
3 545
-
44 900
-
total
3 545
-
44 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

206 774
224 500
-
-
total
-
-
-
-
Dividends
206 774
224 500
-
-
withholding
10 339
11 225
-
-
total
10 339
11 225
-
-
Income
224 500
224 500
224 500
224 500
Total tax
13 884
11 225
44 900
2 245
After tax
210 616
213 275
179 600
222 255
Living cost
14 180
14 180
14 180
14 180
Free-cash
196 436
199 095
165 420
208 075

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127627
₽119223
₽77440
₽72566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
income
-
-
-
56 690
pensions
-
-
-
41 000
unemployment
-
-
-
337
health
-
-
-
22 091
total
-
-
-
120 118
Employee

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

44 418
-
194 255
-
health
2 869
-
12 548
-
income
7 660
-
51 816
-
pensions
6 885
-
30 110
-
unemployment
63
-
273
-
total
17 477
-
94 747
-
Employer

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

44 418
-
194 255
-
unemployment
27
-
116
-
pensions
3 931
-
17 192
-
health
2 958
-
12 937
-
total
6 916
-
30 245
-
Corporate
173 166
224 500
-
-
income
32 902
42 654
-
-
total
32 902
42 654
-
-
Dividends
140 264
181 846
-
-
withholding
21 040
27 277
-
-
total
21 040
27 277
-
-
Income
224 500
224 500
224 500
224 500
Total tax
78 335
69 931
124 992
120 118
After tax
146 165
154 569
99 508
104 382
Living cost
26 942
26 942
26 942
26 942
Free-cash
119 223
127 627
72 566
77 440

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93024
₽45002
₽111585
₽167656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
43 760
social contributions
-
-
-
25 593
total
-
-
-
69 353
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
73 966
224 500
-
-
income
16 272
49 390
-
-
total
16 272
49 390
-
-
Dividends
57 693
175 110
-
-
income
12 692
38 524
-
-
total
12 692
38 524
-
-
Income
224 500
224 500
224 500
224 500
Total tax
135 936
87 914
13 282
69 353
After tax
88 564
136 586
211 218
155 147
Living cost
43 562
43 562
43 562
43 562
Free-cash
45 002
93 024
167 656
111 585

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96188
₽95176
₽85671
₽68193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
income
-
-
-
29 308
surtax
-
-
-
-
social contributions

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

-
-
-
78 014
total
-
-
-
107 322
Employee
46 198
-
181 415
-
social contributions
5 082
-
19 956
-
surtax
-
-
225
-
income
9 609
-
61 534
-
total
14 691
-
81 715
-
Employer
46 198
-
181 415
-
social contributions
10 972
-
43 085
-
total
10 972
-
43 085
-
Corporate
167 330
224 500
-
-
surtax
-
-
-
-
income
35 140
47 145
-
-
total
35 140
47 145
-
-
Dividends
132 190
177 355
-
-
withholding
37 014
49 660
-
-
total
37 014
49 660
-
-
Income
224 500
224 500
224 500
224 500
Total tax
97 817
96 805
124 800
107 322
After tax
126 683
127 695
99 700
117 178
Living cost
31 507
31 507
31 507
31 507
Free-cash
95 176
96 188
68 193
85 671

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64633
₽71538
₽74461
₽67980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
41 693
pensions
-
-
-
35 497
other
-
-
-
6 959
health
-
-
-
10 978
surtax
-
-
-
-
social contributions
-
-
-
6 397
total
-
-
-
101 524
Employee
62 912
-
171 304
-
social contributions
1 792
-
4 880
-
surtax
-
-
-
-
income
5 489
-
37 006
-
pensions
7 116
-
12 924
-
total
14 397
-
54 810
-
Employer
62 912
-
171 304
-
other
2 171
-
7 115
-
social contributions
189
-
515
-
unemployment
2 549
-
6 938
-
pensions
10 337
-
21 577
-
health
4 403
-
17 050
-
total
19 649
-
53 195
-
Corporate
141 939
224 500
-
-
surtax
-
-
-
-
income
39 744
62 860
-
-
total
39 744
62 860
-
-
Dividends
102 196
161 640
-
-
surtax
-
-
-
-
social contributions
17 577
27 802
-
-
withholding
13 080
20 690
-
-
total
30 657
48 492
-
-
Income
224 500
224 500
224 500
224 500
Total tax
104 447
111 352
108 005
101 524
After tax
120 053
113 148
116 495
122 976
Living cost
48 515
48 515
48 515
48 515
Free-cash
71 538
64 633
67 980
74 461

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171855
₽168480
₽133505
₽139471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
11 410
social contributions
-
-
-
49 391
total
-
-
-
60 801
Employee
32 293
-
194 373
-
income
-
-
12 074
-
social contributions
2 099
-
12 634
-
total
2 099
-
24 708
-
Employer
32 293
-
194 373
-
social contributions
5 006
-
30 127
-
total
5 006
-
30 127
-
Corporate
187 202
224 500
-
-
income
18 721
22 451
-
-
total
18 721
22 451
-
-
Dividends
168 481
202 049
-
-
total
-
-
-
-
Income
224 500
224 500
224 500
224 500
Total tax
25 826
22 451
54 835
60 801
After tax
198 674
202 049
169 665
163 699
Living cost
30 194
30 194
30 194
30 194
Free-cash
168 480
171 855
139 471
133 505

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
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.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5655
₽3220
₽81283
₽5655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
48 177
pensions
-
-
-
871
national
-
-
-
27 905
labour market
-
-
-
17 890
total
-
-
-
94 843
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
5 654
-
-
-
income
1 244
-
-
-
total
1 244
-
-
-
Dividends
4 410
-
-
-
withholding
1 191
-
-
-
total
1 191
-
-
-
Income
224 500
224 500
224 500
224 500
Total tax
172 906
170 471
170 471
94 843
After tax
51 594
54 029
54 029
129 657
Living cost
48 374
48 374
48 374
48 374
Free-cash
3 220
5 655
5 655
81 283

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3534
₽14854
₽131578
₽101911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
253
income
-
-
-
64 225
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
71 203
Employee
34 165
-
205 014
-
health
3 912
-
23 474
-
income
4 687
-
50 265
-
pensions
3 847
-
7 645
-
total
12 446
-
81 384
-
Employer
34 165
-
205 014
-
accident
570
-
3 424
-
unemployment
837
-
5 023
-
pensions
5 555
-
11 039
-
total
6 962
-
19 486
-
Corporate
183 372
224 500
-
-
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.

165 035
202 050
-
-
total
165 035
202 050
-
-
Dividends
18 337
22 450
-
-
withholding
3 484
4 265
-
-
total
3 484
4 265
-
-
Income
224 500
224 500
224 500
224 500
Total tax
187 927
206 315
100 870
71 203
After tax
36 573
18 185
123 630
153 297
Living cost
21 719
21 719
21 719
21 719
Free-cash
14 854
-3 534
101 911
131 578

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99155
₽102260
₽99325
₽73609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
224 500
municipal
-
-
-
39 864
health
-
-
-
3 038
national
-
-
-
43 709
total
-
-
-
86 611
Employee
52 847
-
188 862
-
health
395
-
2 489
-
municipal
8 656
-
30 743
-
pensions
3 566
-
12 748
-
unemployment
793
-
2 833
-
national
873
-
27 876
-
total
14 283
-
76 689
-
Employer
52 847
-
188 862
-
accident
53
-
189
-
unemployment
343
-
1 228
-
pensions
9 169
-
32 767
-
health
406
-
1 454
-
total
9 971
-
35 638
-
Corporate
161 682
224 500
-
-
income
32 336
44 900
-
-
total
32 336
44 900
-
-
Dividends

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

97 009
134 700
-
-
national
9 624
17 634
-
-
municipal
17 462
24 247
-
-
total
27 086
41 881
-
-
Income
224 500
224 500
224 500
224 500
Total tax
83 676
86 781
112 327
86 611
After tax
140 824
137 719
112 173
137 889
Living cost
38 564
38 564
38 564
38 564
Free-cash
102 260
99 155
73 609
99 325

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140364
₽134898
₽127809
₽125962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
51 459
health
-
-
-
5 724
social contributions
-
-
-
16 252
total
-
-
-
73 435
Employee
77 239
77 239
211 933
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 603
-
income
8 410
7 150
50 466
-
total
11 929
14 873
62 715
-
Employer
77 239
77 239
211 933
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
3 921
-
total
3 570
7 840
12 567
-
Corporate
185 745
139 421
-
-
income
23 217
17 428
-
-
total
23 217
17 428
-
-
Dividends
162 527
121 993
-
-
withholding
27 630
20 739
-
-
total
27 630
20 739
-
-
Income
224 500
224 500
224 500
224 500
Total tax
66 346
60 880
75 282
73 435
After tax
158 154
163 620
149 218
151 065
Living cost
23 256
23 256
23 256
23 256
Free-cash
134 898
140 364
125 962
127 809

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169960
₽164852
₽175265
₽155118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
224 500
income
-
-
-
23 234
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
33 287
Employee

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

23 056
-
214 683
-
health
1 960
-
8 101
-
income
1 576
-
20 743
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 108
-
43 617
-
Employer

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

23 056
-
214 683
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
199 071
224 500
-
-
income
17 916
20 205
-
-
total
17 916
20 205
-
-
Dividends
181 155
204 295
-
-
withholding
16 303
18 387
-
-
total
16 303
18 387
-
-
Income
224 500
224 500
224 500
224 500
Total tax
43 700
38 592
53 434
33 287
After tax
180 800
185 908
171 066
191 213
Living cost
15 948
15 948
15 948
15 948
Free-cash
164 852
169 960
155 118
175 265

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121449
₽117012
₽97834
₽93621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
839
income
-
-
-
71 113
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
99 044
Employee
37 141
-
194 819
-
other
36
-
93
-
income
7 161
-
67 664
-
pensions
1 746
-
4 377
-
unemployment
576
-
1 443
-
total
9 519
-
73 577
-
Employer
37 141
-
194 819
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 765
-
21 972
-
total
11 841
-
29 680
-
Corporate
175 518
224 500
-
-
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.

26 328
33 674
-
-
total
26 328
33 674
-
-
Dividends
149 190
190 826
-
-
withholding
32 178
41 755
-
-
total
32 178
41 755
-
-
Income
224 500
224 500
224 500
224 500
Total tax
79 866
75 429
103 257
99 044
After tax
144 634
149 071
121 243
125 456
Living cost
27 622
27 622
27 622
27 622
Free-cash
117 012
121 449
93 621
97 834

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137338
₽136887
₽141560
₽141364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
76 729
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
80 190
Employee
4 189
-
222 243
-
health
209
-
502
-
income
810
-
76 624
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
78 129
-
Employer
4 189
-
222 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
219 368
224 500
-
-
income
48 261
49 390
-
-
total
48 261
49 390
-
-
Dividends
171 107
175 110
-
-
withholding
34 221
35 022
-
-
total
34 221
35 022
-
-
Income
224 500
224 500
224 500
224 500
Total tax
84 863
84 412
80 386
80 190
After tax
139 637
140 088
144 114
144 310
Living cost
2 750
2 750
2 750
2 750
Free-cash
136 887
137 338
141 364
141 560

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144831
₽139891
₽127144
₽127142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
income
-
-
-
51 929
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
79 986
Employee

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

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

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

26 193
-
211 213
-
health
1 349
-
3 823
-
income
3 610
-
51 929
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
66 701
-
Employer

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

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

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

26 193
-
211 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
193 619
224 500
-
-
income
29 043
33 675
-
-
total
29 043
33 675
-
-
Dividends
164 576
190 825
-
-
withholding
24 686
28 624
-
-
total
24 686
28 624
-
-
Income
224 500
224 500
224 500
224 500
Total tax
67 239
62 299
79 988
79 986
After tax
157 261
162 201
144 512
144 514
Living cost
17 370
17 370
17 370
17 370
Free-cash
139 891
144 831
127 142
127 144

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100615
₽100254
₽90098
₽72620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
income
-
-
-
29 308
surtax
-
-
-
-
social contributions

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

-
-
-
78 014
total
-
-
-
107 322
Employee
38 986
-
181 415
-
social contributions
4 289
-
19 956
-
surtax
-
-
225
-
income
7 618
-
61 534
-
total
11 907
-
81 715
-
Employer
38 986
-
181 415
-
social contributions
9 258
-
43 085
-
total
9 258
-
43 085
-
Corporate
176 256
224 500
-
-
surtax
-
-
-
-
income
37 014
47 145
-
-
total
37 014
47 145
-
-
Dividends
139 242
177 355
-
-
withholding
38 987
49 660
-
-
total
38 987
49 660
-
-
Income
224 500
224 500
224 500
224 500
Total tax
97 166
96 805
124 800
107 322
After tax
127 334
127 695
99 700
117 178
Living cost
27 080
27 080
27 080
27 080
Free-cash
100 254
100 615
72 620
90 098

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113769
₽107195
₽90154
₽85941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
839
income
-
-
-
71 113
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
99 044
Employee
48 511
-
194 819
-
other
48
-
93
-
income
10 132
-
67 664
-
pensions
2 280
-
4 377
-
unemployment
751
-
1 443
-
total
13 211
-
73 577
-
Employer
48 511
-
194 819
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 972
-
total
15 467
-
29 680
-
Corporate
160 522
224 500
-
-
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.

24 079
33 674
-
-
total
24 079
33 674
-
-
Dividends
136 443
190 826
-
-
withholding
29 246
41 755
-
-
total
29 246
41 755
-
-
Income
224 500
224 500
224 500
224 500
Total tax
82 003
75 429
103 257
99 044
After tax
142 497
149 071
121 243
125 456
Living cost
35 302
35 302
35 302
35 302
Free-cash
107 195
113 769
85 941
90 154

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174672
₽168553
₽164183
₽173500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
33 675
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
43 041
Employee
22 876
-
217 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
21 761
-
pensions

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

2 008
-
3 080
-
total
5 599
-
26 841
-
Employer
22 876
-
217 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
197 135
224 500
-
-
income
19 713
22 450
-
-
total
19 713
22 450
-
-
Dividends
177 422
202 050
-
-
withholding
8 871
10 102
-
-
total
8 871
10 102
-
-
Income
224 500
224 500
224 500
224 500
Total tax
38 671
32 552
33 724
43 041
After tax
185 829
191 948
190 776
181 459
Living cost
17 276
17 276
17 276
17 276
Free-cash
168 553
174 672
173 500
164 183

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76680
₽89823
₽74565
₽100079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
trade
-
-
-
25 514
income

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

-
-
-
74 671
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.

-
-
-
6 862
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.

-
-
-
4 108
total
-
-
-
111 155
Employee

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

49 979
-
224 500
-
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.

6 862
-
6 862
-
surtax

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

227
-
4 108
-
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.

4 110
-
74 671
-
total
11 199
-
85 641
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 521
224 500
-
-
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.

1 439
1 853
-
-
income
26 177
33 674
-
-
trade
25 043
32 216
-
-
chamber of commerce
408
482
-
-
total
53 067
68 225
-
-
Dividends
121 453
156 274
-
-
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.

1 649
2 127
-
-
withholding
29 982
38 688
-
-
total
31 631
40 815
-
-
Income
224 500
224 500
224 500
224 500
Total tax
95 897
109 040
85 641
111 155
After tax
128 603
115 460
138 859
113 345
Living cost
38 780
38 780
38 780
38 780
Free-cash
89 823
76 680
100 079
74 565

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99930
₽102150
₽55527
₽55527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
73 197
social contributions
-
-
-
38 557
total
-
-
-
111 754
Employee
78 572
-
224 500
-
income
14 826
-
73 197
-
social contributions
6 528
-
38 557
-
total
21 354
-
111 754
-
Employer
78 572
-
224 500
-
total
-
-
-
-
Corporate
145 928
224 500
-
-
income
18 240
28 063
-
-
total
18 240
28 063
-
-
Dividends
127 688
196 437
-
-
withholding
25 537
39 288
-
-
total
25 537
39 288
-
-
Income
224 500
224 500
224 500
224 500
Total tax
65 131
67 351
111 754
111 754
After tax
159 369
157 149
112 746
112 746
Living cost
57 219
57 219
57 219
57 219
Free-cash
102 150
99 930
55 527
55 527

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽104156
₽107664
₽147632
₽120256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
income
-
-
-
33 674
health

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

-
-
-
6 731
total
-
-
-
40 405
Employee
46 079
-
219 879
-
income
5 000
-
58 539
-
social contributions
4 617
-
4 621
-
total
9 617
-
63 160
-
Employer
46 079
-
219 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
173 804
224 500
-
-
income
60 832
78 574
-
-
total
60 832
78 574
-
-
Dividends
112 972
145 926
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
224 500
224 500
224 500
224 500
Total tax
80 373
83 881
67 781
40 405
After tax
144 127
140 619
156 719
184 095
Living cost
36 463
36 463
36 463
36 463
Free-cash
107 664
104 156
120 256
147 632

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽104539
₽110477
₽108017
₽87962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
income
-
-
-
69 237
pensions
-
-
-
9 983
total
-
-
-
79 220
Employee
51 149
-
195 670
-
health
667
-
2 652
-
income
9 315
-
55 866
-
pensions
3 904
-
11 929
-
total
13 886
-
70 447
-
Employer
51 149
-
195 670
-
pensions
5 168
-
25 110
-
health
972
-
3 718
-
total
6 140
-
28 828
-
Corporate
167 211
224 500
-
-
income

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

31 771
42 654
-
-
total
31 771
42 654
-
-
Dividends
135 440
181 846
-
-
withholding
24 963
40 044
-
-
total
24 963
40 044
-
-
Income
224 500
224 500
224 500
224 500
Total tax
76 760
82 698
99 275
79 220
After tax
147 740
141 802
125 225
145 280
Living cost
37 263
37 263
37 263
37 263
Free-cash
110 477
104 539
87 962
108 017

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5684
₽14523
₽129428
₽99761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
accident
-
-
-
253
income
-
-
-
64 225
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
71 203
Employee
37 547
-
205 014
-
health
4 299
-
23 474
-
income
5 151
-
50 265
-
pensions
4 228
-
7 645
-
total
13 678
-
81 384
-
Employer
37 547
-
205 014
-
accident
627
-
3 424
-
unemployment
920
-
5 023
-
pensions
6 105
-
11 039
-
total
7 652
-
19 486
-
Corporate
179 302
224 500
-
-
income

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

161 371
202 050
-
-
total
161 371
202 050
-
-
Dividends
17 930
22 450
-
-
withholding
3 407
4 265
-
-
total
3 407
4 265
-
-
Income
224 500
224 500
224 500
224 500
Total tax
186 108
206 315
100 870
71 203
After tax
38 392
18 185
123 630
153 297
Living cost
23 869
23 869
23 869
23 869
Free-cash
14 523
-5 684
99 761
129 428

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158177
₽155138
₽129030
₽151114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 500
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
37 734
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
81 904
Employee

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

21 706
-
224 500
-
work injury
109
-
402
-
income
2 171
-
37 734
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
59 820
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 794
224 500
-
-
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%.

20 279
22 450
-
-
total
20 279
22 450
-
-
Dividends
182 515
202 050
-
-
withholding
27 377
30 307
-
-
total
27 377
30 307
-
-
Income
224 500
224 500
224 500
224 500
Total tax
55 796
52 757
59 820
81 904
After tax
168 704
171 743
164 680
142 596
Living cost
13 566
13 566
13 566
13 566
Free-cash
155 138
158 177
151 114
129 030

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78236
₽73666
₽65277
₽57026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 500
municipal
-
-
-
1 569
regional
-
-
-
5 466
national
-
-
-
61 899
social contributions
-
-
-
50 273
total
-
-
-
119 207
Employee
84 643
-
224 500
-
social contributions
28 541
-
65 910
-
regional
1 278
-
4 946
-
municipal
505
-
1 428
-
national
14 304
-
55 174
-
total
44 628
-
127 458
-
Employer
84 643
-
224 500
-
total
-
-
-
-
Corporate
139 857
224 500
-
-
nationa
33 566
53 880
-
-
municipal
6 740
10 821
-
-
total
40 306
64 701
-
-
Dividends
99 551
159 799
-
-
withholding
25 884
41 547
-
-
total
25 884
41 547
-
-
Income
224 500
224 500
224 500
224 500
Total tax
110 818
106 248
127 458
119 207
After tax
113 682
118 252
97 042
105 293
Living cost
40 016
40 016
40 016
40 016
Free-cash
73 666
78 236
57 026
65 277

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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