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
₽ 225500
per

Your estimated
City
free-cash

Dresden , Germany
₽85315
₽110141
₽81472
₽95656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income

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

-
-
-
76 449
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.

-
-
-
4 205
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.

-
-
-
6 387
trade
-
-
-
28 669
total
-
-
-
115 710
Employee

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

35 759
-
225 500
-
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.

55
-
4 205
-
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.

999
-
76 449
-
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.

6 387
-
6 387
-
total
7 441
-
87 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 741
225 500
-
-
income
28 462
33 825
-
-
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.

1 565
1 861
-
-
chamber of commerce
415
467
-
-
trade
29 885
35 516
-
-
total
60 327
71 669
-
-
Dividends
129 414
153 831
-
-
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.

1 760
2 095
-
-
withholding
31 998
38 103
-
-
total
33 758
40 198
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 526
111 867
87 041
115 710
After tax
123 974
113 633
138 459
109 790
Living cost
28 318
28 318
28 318
28 318
Free-cash
95 656
85 315
110 141
81 472

Estimated living cost  is ₽28318 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90640
₽79358
₽78147
₽89806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
social contributions
-
-
-
2 424
municipal
-
-
-
25 068
national
-
-
-
42 728
pensions
-
-
-
27 060
total
-
-
-
97 280
Employee
77 622
-
194 943
-
municipal
9 588
-
25 941
-
pensions
3 105
-
7 798
-
national
14 857
-
44 639
-
total
27 550
-
78 378
-
Employer
77 622
-
194 943
-
pensions
6 210
-
15 595
-
social contributions
834
-
2 096
-
total
7 044
-
17 691
-
Corporate
135 711
225 500
-
-
income

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

27 142
45 100
-
-
total
27 142
45 100
-
-
Dividends
108 569
180 400
-
-
withholding
23 885
39 688
-
-
total
23 885
39 688
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 621
84 788
96 069
97 280
After tax
139 879
140 712
129 431
128 220
Living cost
50 072
50 072
50 072
50 072
Free-cash
89 806
90 640
79 358
78 147

Estimated living cost  is ₽50072 per week

₽34034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160949
₽79389
₽63591
₽153280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
49 135
surtax
-
-
-
57 502
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.

-
-
-
35 821
microenterprise
-
-
-
-
total
-
-
-
142 458
Employee
27 319
-
178 971
-
surtax
-
-
25 951
-
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.

3 006
-
12 256
-
income
4 863
-
41 924
-
total
7 869
-
80 131
-
Employer
27 319
-
178 971
-
social contributions

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

6 581
-
26 842
-
surtax
-
-
19 687
-
total
6 581
-
46 529
-
Corporate
191 600
225 500
-
-
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%.

38 319
45 100
-
-
total
38 319
45 100
-
-
Dividends

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

153 281
180 400
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
52 769
45 100
126 660
142 458
After tax
172 731
180 400
98 840
83 042
Living cost
19 451
19 451
19 451
19 451
Free-cash
153 280
160 949
79 389
63 591

Estimated living cost  is ₽19451 per week

₽12409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73386
₽105025
₽81097
₽67656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
82 754
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
105 237
Employee
79 840
79 840
208 125
-
pensions
14 371
10 954
10 954
-
income

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

13 068
13 068
41 452
-
health
12 254
10 423
11 529
-
total
39 693
34 445
63 935
-
Employer
79 840
79 840
208 125
-
health
5 550
5 550
6 896
-
pensions
5 557
5 557
6 907
-
unemployment
2 874
2 874
3 571
-
total
13 981
13 981
17 374
-
Corporate
132 659
131 680
-
-
income
26 532
26 336
-
-
total
26 532
26 336
-
-
Dividends
106 128
105 343
-
-
income
22 552
22 385
-
-
withholding
15 920
15 801
-
-
total
38 472
38 186
-
-
Income
225 500
225 500
225 500
225 500
Total tax
118 678
112 948
81 309
105 237
After tax
106 822
112 552
144 191
120 263
Living cost
39 166
39 166
39 166
39 166
Free-cash
67 656
73 386
105 025
81 097

Estimated living cost  is ₽39166 per week

₽27756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85078
₽73274
₽74198
₽84225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
167
other
-
-
-
9 689
unemployment
-
-
-
83
health
-
-
-
5 203
municipal
-
-
-
60 041
national
-
-
-
29 061
pensions
-
-
-
9 013
total
-
-
-
113 257
Employee
54 210
-
199 302
-
municipal
16 165
-
59 432
-
national
-
-
28 551
-
total
16 165
-
87 983
-
Employer
54 210
-
199 302
-
health
3 334
-
5 128
-
pensions
5 860
-
9 013
-
accident
108
-
167
-
unemployment
1 431
-
2 201
-
other
6 299
-
9 689
-
total
17 032
-
26 198
-
Corporate
154 257
225 500
-
-
income
33 937
49 610
-
-
total
33 937
49 610
-
-
Dividends
120 321
175 890
-
-
withholding
36 096
52 767
-
-
total
36 096
52 767
-
-
Income
225 500
225 500
225 500
225 500
Total tax
103 230
102 377
114 181
113 257
After tax
122 270
123 123
111 319
112 243
Living cost
38 045
38 045
38 045
38 045
Free-cash
84 225
85 078
73 274
74 198

Estimated living cost  is ₽38045 per week

₽25214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
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.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75745
₽101731
₽71788
₽88880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income

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

-
-
-
76 449
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.

-
-
-
4 205
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.

-
-
-
6 387
trade
-
-
-
29 943
total
-
-
-
116 984
Employee

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

47 412
-
225 500
-
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.

224
-
4 205
-
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.

4 074
-
76 449
-
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.

6 387
-
6 387
-
total
10 685
-
87 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 088
225 500
-
-
income
26 713
33 825
-
-
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.

1 469
1 861
-
-
chamber of commerce
396
463
-
-
trade
29 296
37 095
-
-
total
57 874
73 244
-
-
Dividends
120 215
152 255
-
-
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.

1 634
2 074
-
-
withholding
29 699
37 709
-
-
total
31 333
39 783
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 892
113 027
87 041
116 984
After tax
125 608
112 473
138 459
108 516
Living cost
36 728
36 728
36 728
36 728
Free-cash
88 880
75 745
101 731
71 788

Estimated living cost  is ₽36728 per week

₽24564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133980
₽118941
₽120759
₽130105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
53 539
social contributions
-
-
-
15 127
health
-
-
-
5 750
total
-
-
-
74 416
Employee
71 892
71 892
213 503
-
social contributions
3 493
5 967
8 048
-
income
7 549
6 655
52 559
-
health
715
1 222
3 630
-
total
11 757
13 844
64 237
-
Employer
71 892
71 892
213 503
-
health
779
1 331
3 949
-
social contributions
3 493
5 967
8 048
-
total
4 272
7 298
11 997
-
Corporate
179 145
146 311
-
-
income
22 392
18 289
-
-
total
22 392
18 289
-
-
Dividends
156 753
128 022
-
-
withholding
26 649
21 764
-
-
total
26 649
21 764
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 070
61 195
76 234
74 416
After tax
160 430
164 305
149 266
151 084
Living cost
30 325
30 325
30 325
30 325
Free-cash
130 105
133 980
118 941
120 759

Estimated living cost  is ₽30325 per week

₽20730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109473
₽113649
₽139141
₽109830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
27 567
unemployment
-
-
-
3 382
health
-
-
-
15 785
pensions
-
-
-
22 550
total
-
-
-
69 284
Employee

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
188 703
-
unemployment
370
147
2 831
-
pensions
2 465
981
18 870
-
income
3 013
1 199
23 069
-
health
1 725
687
13 209
-
total
7 573
3 014
57 979
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 648
9 809
188 703
-
pensions
4 806
1 913
36 797
-
total
4 806
1 913
36 797
-
Corporate
196 046
213 778
-
-
income
17 644
19 240
-
-
total
17 644
19 240
-
-
Dividends
178 402
194 538
-
-
social contributions
34 676
37 823
-
-
withholding
33 896
36 962
-
-
total
68 572
74 785
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 595
98 952
94 776
69 284
After tax
126 905
126 548
130 724
156 216
Living cost
17 075
17 075
17 075
17 075
Free-cash
109 830
109 473
113 649
139 141

Estimated living cost  is ₽17075 per week

₽11652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157818
₽107391
₽98286
₽152011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
30 217
health
-
-
-
29 315
pensions
-
-
-
45 100
total
-
-
-
104 632
Employee
26 523
-
168 534
-
unemployment
424
-
2 697
-
pensions
530
-
3 371
-
income
2 986
-
32 493
-
total
3 940
-
38 561
-
Employer
26 523
-
168 534
-
health
3 447
-
21 910
-
pensions
5 305
-
33 708
-
unemployment
213
-
1 348
-
total
8 965
-
56 966
-
Corporate
190 012
225 500
-
-
income
38 002
45 100
-
-
total
38 002
45 100
-
-
Dividends
152 010
180 400
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
50 907
45 100
95 527
104 632
After tax
174 593
180 400
129 973
120 868
Living cost
22 582
22 582
22 582
22 582
Free-cash
152 011
157 818
107 391
98 286

Estimated living cost  is ₽22582 per week

₽15489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2516
₽103782
₽133158
₽15077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
239
income
-
-
-
64 982
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
71 561
Employee
32 690
-
206 582
-
pensions
3 681
-
7 207
-
income
4 485
-
51 158
-
health
3 743
-
23 654
-
total
11 909
-
82 019
-
Employer
32 690
-
206 582
-
pensions
5 316
-
10 407
-
accident
546
-
3 450
-
unemployment
801
-
5 061
-
total
6 663
-
18 918
-
Corporate
186 148
225 500
-
-
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.

167 533
202 950
-
-
total
167 533
202 950
-
-
Dividends
18 615
22 550
-
-
withholding
3 537
4 285
-
-
total
3 537
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
189 642
207 235
100 937
71 561
After tax
35 858
18 265
124 563
153 939
Living cost
20 781
20 781
20 781
20 781
Free-cash
15 077
-2 516
103 782
133 158

Estimated living cost  is ₽20781 per week

₽15231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206579
₽172754
₽215599
₽205146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
225 500
microenterprise

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

-
-
-
2 255
total
-
-
-
2 255
Employee
9 557
-
225 500
-
income
1 911
-
45 100
-
total
1 911
-
45 100
-
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%.

215 943
225 500
-
-
total
-
-
-
-
Dividends
215 943
225 500
-
-
withholding
10 797
11 275
-
-
total
10 797
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
12 708
11 275
45 100
2 255
After tax
212 792
214 225
180 400
223 245
Living cost
7 646
7 646
7 646
7 646
Free-cash
205 146
206 579
172 754
215 599

Estimated living cost  is ₽7646 per week

₽4739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140762
₽110994
₽112820
₽134450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
40 637
other
-
-
-
6 753
health
-
-
-
6 256
pensions

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

-
-
-
34 122
total
-
-
-
87 768
Employee
33 946
-
189 295
-
unemployment
339
-
1 421
-
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.

2 376
-
9 952
-
income
5 844
-
40 026
-
health
475
-
1 991
-
total
9 034
-
53 390
-
Employer
33 946
-
189 295
-
health
475
-
1 991
-
pensions

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

5 772
-
24 170
-
accident
271
-
1 515
-
unemployment
339
-
1 421
-
other
1 698
-
7 107
-
total
8 555
-
36 204
-
Corporate
182 998
225 500
-
-
income
38 429
47 355
-
-
total
38 429
47 355
-
-
Dividends
144 569
178 145
-
-
withholding
10 120
12 471
-
-
total
10 120
12 471
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 138
59 826
89 594
87 768
After tax
159 362
165 674
135 906
137 732
Living cost
24 912
24 912
24 912
24 912
Free-cash
134 450
140 762
110 994
112 820

Estimated living cost  is ₽24912 per week

₽17602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79015
₽62924
₽82990
₽86458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
71 098
pensions
-
-
-
9 572
total
-
-
-
80 670
Employee
87 494
-
196 406
-
pensions
8 441
-
11 314
-
income
15 772
-
57 723
-
health
1 442
-
2 605
-
total
25 655
-
71 642
-
Employer
87 494
-
196 406
-
health
1 662
-
3 733
-
pensions
10 331
-
25 361
-
total
11 993
-
29 094
-
Corporate
126 014
225 500
-
-
income

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

23 944
42 845
-
-
total
23 944
42 845
-
-
Dividends
102 070
182 655
-
-
withholding
15 610
41 800
-
-
total
15 610
41 800
-
-
Income
225 500
225 500
225 500
225 500
Total tax
77 202
84 645
100 736
80 670
After tax
148 298
140 855
124 764
144 830
Living cost
61 840
61 840
61 840
61 840
Free-cash
86 458
79 015
62 924
82 990

Estimated living cost  is ₽61840 per week

₽46338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7266
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.
₽7734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180539
₽180188
₽170689
₽176193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
33 825
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
42 548
Employee
16 238
-
219 090
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
21 909
-
health
747
-
1 503
-
total
3 976
-
26 640
-
Employer
16 238
-
219 090
-
health
1 121
-
2 254
-
pensions

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

1 790
-
3 600
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 187
-
6 409
-
Corporate
206 076
225 500
-
-
income
20 608
22 550
-
-
total
20 608
22 550
-
-
Dividends
185 468
202 950
-
-
withholding
9 273
10 148
-
-
total
9 273
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
37 044
32 698
33 049
42 548
After tax
188 456
192 802
192 451
182 952
Living cost
12 263
12 263
12 263
12 263
Free-cash
176 193
180 539
180 188
170 689

Estimated living cost  is ₽12263 per week

₽7159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60709
₽92348
₽68420
₽63059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
82 754
health
-
-
-
11 529
pensions
-
-
-
10 954
total
-
-
-
105 237
Employee
86 680
79 840
208 125
-
pensions
10 954
10 954
10 954
-
income

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

13 068
13 068
41 452
-
health
10 814
10 423
11 529
-
total
34 836
34 445
63 935
-
Employer
86 680
79 840
208 125
-
health
6 023
5 550
6 896
-
pensions
6 032
5 557
6 907
-
unemployment
3 121
2 874
3 571
-
total
15 176
13 981
17 374
-
Corporate
123 643
131 680
-
-
income
24 729
26 336
-
-
total
24 729
26 336
-
-
Dividends
98 914
105 343
-
-
income
21 019
22 385
-
-
withholding
14 838
15 801
-
-
total
35 857
38 186
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 598
112 948
81 309
105 237
After tax
114 902
112 552
144 191
120 263
Living cost
51 843
51 843
51 843
51 843
Free-cash
63 059
60 709
92 348
68 420

Estimated living cost  is ₽51843 per week

₽38243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132021
₽100837
₽110844
₽123732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
24 243
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
3 298
health
-
-
-
30 443
total
-
-
-
91 420
Employee
34 171
-
180 618
-
solidarity contribution
-
-
2 400
-
social contributions
2 221
-
7 443
-
income
4 100
-
22 319
-
health
4 613
-
24 383
-
total
10 934
-
56 545
-
Employer
34 171
-
180 618
-
health
3 075
-
16 256
-
social contributions
8 543
-
28 626
-
total
11 618
-
44 882
-
Corporate
179 712
225 500
-
-
income
34 145
42 845
-
-
total
34 145
42 845
-
-
Dividends
145 566
182 655
-
-
withholding
21 835
27 398
-
-
total
21 835
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 532
70 243
101 427
91 420
After tax
146 968
155 257
124 073
134 080
Living cost
23 236
23 236
23 236
23 236
Free-cash
123 732
132 021
100 837
110 844

Estimated living cost  is ₽23236 per week

₽16140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80861
₽62251
₽70175
₽75981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
social contributions
-
-
-
46 793
regional
-
-
-
2 924
municipal
-
-
-
1 430
national
-
-
-
64 727
total
-
-
-
115 874
Employee
83 091
-
225 500
-
municipal
440
-
1 313
-
national
14 398
-
58 467
-
regional
784
-
2 671
-
social contributions
28 018
-
61 347
-
total
43 640
-
123 798
-
Employer
83 091
-
225 500
-
total
-
-
-
-
Corporate
142 409
225 500
-
-
municipal
5 553
8 795
-
-
nationa
34 178
54 121
-
-
total
39 731
62 916
-
-
Dividends
102 677
162 585
-
-
withholding
26 697
42 272
-
-
total
26 697
42 272
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 068
105 188
123 798
115 874
After tax
115 432
120 312
101 702
109 626
Living cost
39 451
39 451
39 451
39 451
Free-cash
75 981
80 861
62 251
70 175

Estimated living cost  is ₽39451 per week

₽27500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121207
₽79560
₽85274
₽118299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
73 034
other
-
-
-
-
surtax
-
-
-
12 533
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
119 595
Employee
30 918
-
199 235
-
other
-
-
-
-
unemployment
2 152
-
8 685
-
pensions
2 062
-
8 323
-
surtax
101
-
11 414
-
income
5 182
-
67 441
-
health
790
-
3 181
-
total
10 287
-
99 044
-
Employer
30 918
-
199 235
-
health
1 407
-
5 677
-
pensions
4 121
-
16 633
-
unemployment
979
-
3 955
-
other
-
-
-
-
total
6 507
-
26 265
-
Corporate
188 075
225 500
-
-
income
48 899
58 631
-
-
total
48 899
58 631
-
-
Dividends
139 175
166 869
-
-
withholding
20 877
25 031
-
-
total
20 877
25 031
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 570
83 662
125 309
119 595
After tax
138 930
141 838
100 191
105 905
Living cost
20 631
20 631
20 631
20 631
Free-cash
118 299
121 207
79 560
85 274

Estimated living cost  is ₽20631 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1904
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.
₽5637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98608
₽82517
₽102583
₽104717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
71 098
pensions
-
-
-
9 572
total
-
-
-
80 670
Employee
58 636
-
196 406
-
pensions
4 977
-
11 314
-
income
10 561
-
57 723
-
health
851
-
2 605
-
total
16 389
-
71 642
-
Employer
58 636
-
196 406
-
health
1 114
-
3 733
-
pensions
6 347
-
25 361
-
total
7 461
-
29 094
-
Corporate
159 403
225 500
-
-
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.

30 287
42 845
-
-
total
30 287
42 845
-
-
Dividends
129 116
182 655
-
-
withholding
24 399
41 800
-
-
total
24 399
41 800
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 536
84 645
100 736
80 670
After tax
146 964
140 855
124 764
144 830
Living cost
42 247
42 247
42 247
42 247
Free-cash
104 717
98 608
82 517
102 583

Estimated living cost  is ₽42247 per week

₽31651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28828
₽96261
₽104135
₽60613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other

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

-
-
-
4 510
regional
-
-
-
12 818
health
-
-
-
508
city
-
-
-
2 377
national
-
-
-
6 118
pensions
-
-
-
20 747
total
-
-
-
47 078
Employee
86 935
-
203 142
-
unemployment
-
-
-
-
pensions
7 304
-
15 603
-
national
411
-
5 092
-
regional
2 847
-
11 476
-
city
933
-
2 200
-
health
197
-
458
-
total
11 692
-
34 829
-
Employer
86 935
-
203 142
-
health
197
-
458
-
pensions
7 304
-
15 603
-
unemployment
-
-
-
-
other

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

1 738
-
4 062
-
total
9 239
-
20 123
-
Corporate
128 371
225 500
-
-
regional
27 150
47 694
-
-
national
10 912
19 167
-
-
total
38 062
66 861
-
-
Dividends
90 308
158 639
-
-
withholding
31 607
55 524
-
-
total
31 607
55 524
-
-
Income
225 500
225 500
225 500
225 500
Total tax
90 600
122 385
54 952
47 078
After tax
134 900
103 115
170 548
178 422
Living cost
74 287
74 287
74 287
74 287
Free-cash
60 613
28 828
96 261
104 135

Estimated living cost  is ₽74287 per week

₽48308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68484
₽95629
₽64410
₽83646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income

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

-
-
-
76 449
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.

-
-
-
4 205
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.

-
-
-
6 387
trade
-
-
-
31 219
total
-
-
-
118 260
Employee

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

56 188
-
225 500
-
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.

364
-
4 205
-
income

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

6 607
-
76 449
-
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.

6 387
-
6 387
-
total
13 358
-
87 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 312
225 500
-
-
income
25 396
33 825
-
-
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.

1 396
1 861
-
-
chamber of commerce
380
460
-
-
trade
29 037
38 672
-
-
total
56 209
74 818
-
-
Dividends
113 103
150 682
-
-
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.

1 536
2 053
-
-
withholding
27 921
37 315
-
-
total
29 457
39 368
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 024
114 186
87 041
118 260
After tax
126 476
111 314
138 459
107 240
Living cost
42 830
42 830
42 830
42 830
Free-cash
83 646
68 484
95 629
64 410

Estimated living cost  is ₽42830 per week

₽31281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81665
₽82524
₽90097
₽87187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
44 156
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 424
health
-
-
-
11 433
pensions
-
-
-
34 413
total
-
-
-
103 416
Employee
40 014
-
171 340
-
pensions
4 524
-
13 234
-
surtax
-
-
-
-
social contributions
1 141
-
4 881
-
income
2 361
-
38 713
-
total
8 026
-
56 828
-
Employer
40 014
-
171 340
-
health
2 801
-
17 417
-
pensions
6 573
-
22 043
-
unemployment
1 620
-
6 939
-
social contributions
121
-
515
-
other
1 380
-
7 247
-
total
12 495
-
54 161
-
Corporate
172 991
225 500
-
-
income
48 438
63 141
-
-
surtax
-
-
-
-
total
48 438
63 141
-
-
Dividends
124 553
162 359
-
-
surtax
-
-
-
-
social contributions
21 424
27 926
-
-
withholding
15 943
20 781
-
-
total
37 367
48 707
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 326
111 848
110 989
103 416
After tax
119 174
113 652
114 511
122 084
Living cost
31 987
31 987
31 987
31 987
Free-cash
87 187
81 665
82 524
90 097

Estimated living cost  is ₽31987 per week

₽20169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84834
₽85693
₽93266
₽90029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
44 156
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 424
health
-
-
-
11 433
pensions
-
-
-
34 413
total
-
-
-
103 416
Employee
35 718
-
171 340
-
pensions
4 040
-
13 234
-
surtax
-
-
-
-
social contributions
1 018
-
4 881
-
income
1 842
-
38 713
-
total
6 900
-
56 828
-
Employer
35 718
-
171 340
-
health
2 500
-
17 417
-
pensions
5 869
-
22 043
-
unemployment
1 446
-
6 939
-
social contributions
106
-
515
-
other
1 233
-
7 247
-
total
11 154
-
54 161
-
Corporate
178 628
225 500
-
-
income
50 015
63 141
-
-
surtax
-
-
-
-
total
50 015
63 141
-
-
Dividends
128 613
162 359
-
-
surtax
-
-
-
-
social contributions
22 121
27 926
-
-
withholding
16 463
20 781
-
-
total
38 584
48 707
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 653
111 848
110 989
103 416
After tax
118 847
113 652
114 511
122 084
Living cost
28 818
28 818
28 818
28 818
Free-cash
90 029
84 834
85 693
93 266

Estimated living cost  is ₽28818 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
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.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117748
₽118554
₽124991
₽118236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
33 825
social contributions
-
-
-
31 120
health
-
-
-
15 739
total
-
-
-
80 684
Employee
31 700
-
225 500
-
social contributions
4 375
-
31 120
-
income
5 287
-
40 262
-
health
2 212
-
15 739
-
total
11 874
-
87 121
-
Employer
31 700
-
225 500
-
total
-
-
-
-
Corporate
193 800
225 500
-
-
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%.

9 691
11 275
-
-
total
9 691
11 275
-
-
Dividends
184 110
214 225
-
-
social contributions
25 407
29 564
-
-
withholding
27 616
32 135
-
-
health
12 851
14 953
-
-
total
65 874
76 652
-
-
Income
225 500
225 500
225 500
225 500
Total tax
87 439
87 927
87 121
80 684
After tax
138 061
137 573
138 379
144 816
Living cost
19 825
19 825
19 825
19 825
Free-cash
118 236
117 748
118 554
124 991

Estimated living cost  is ₽19825 per week

₽13268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91243
₽25842
₽82333
₽89798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
74 843
surtax
-
-
-
185
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
901
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
110 224
Employee
46 724
37 258
188 123
-
other
467
373
1 093
-
unemployment
1 402
1 118
3 277
-
pensions
4 785
3 815
11 185
-
income
5 319
2 748
63 412
-
health
1 808
1 442
4 226
-
total
13 781
9 496
83 193
-
Employer
46 724
37 258
188 123
-
chamber of commerce
186
149
752
-
health
1 765
1 409
4 129
-
pensions
5 864
4 677
13 708
-
accident
607
484
1 419
-
unemployment
1 402
1 118
3 277
-
surtax
185
185
185
-
payroll
1 402
1 118
5 644
-
other
2 220
1 769
8 264
-
total
13 631
10 909
37 378
-
Corporate
165 147
177 334
184 574
-
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.

41 286
44 334
46 144
-
total
41 286
44 334
46 144
-
Dividends
123 861
133 000
-
-
withholding
34 061
36 575
-
-
total
34 061
36 575
-
-
Income
225 500
225 500
225 500
225 500
Total tax
102 759
101 314
166 715
110 224
After tax
122 741
124 186
58 785
115 276
Living cost
32 943
32 943
32 943
32 943
Free-cash
89 798
91 243
25 842
82 333

Estimated living cost  is ₽32943 per week

₽21972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88810
₽41908
₽64068
₽77877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
communal

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

-
-
-
12 132
social contributions
-
-
-
23 309
national
-
-
-
91 902
total
-
-
-
127 343
Employee

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

66 876
-
174 658
-
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.

582
-
1 519
-
communal

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

3 488
-
9 111
-
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.

5 016
-
13 099
-
national
20 560
-
66 723
-
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.

3 142
-
8 209
-
total
32 788
-
98 661
-
Employer

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

66 876
-
174 658
-
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.

4 113
-
10 741
-
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.

5 926
-
15 475
-
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.

869
-
2 269
-
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.

976
-
2 550
-
surtax
7 583
-
19 807
-
total
19 467
-
50 842
-
Corporate
139 157
225 500
-
-
income
27 832
49 428
-
-
surtax
557
988
-
-
total
28 389
50 416
-
-
Dividends
110 768
175 084
-
-
withholding

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

32 890
52 185
-
-
total
32 890
52 185
-
-
Income
225 500
225 500
225 500
225 500
Total tax
113 534
102 601
149 503
127 343
After tax
111 966
122 899
75 997
98 157
Living cost
34 089
34 089
34 089
34 089
Free-cash
77 877
88 810
41 908
64 068

Estimated living cost  is ₽34089 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115813
₽88180
₽92104
₽109409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
781
income
-
-
-
73 634
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
99 632
Employee
46 539
-
197 874
-
other
46
-
87
-
unemployment
722
-
1 343
-
pensions
2 188
-
4 074
-
income
9 819
-
70 425
-
total
12 775
-
75 929
-
Employer
46 539
-
197 874
-
pensions
10 982
-
20 451
-
accident
921
-
1 716
-
unemployment
2 560
-
4 766
-
other
371
-
694
-
total
14 834
-
27 627
-
Corporate
164 127
225 500
-
-
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.

24 619
33 825
-
-
total
24 619
33 825
-
-
Dividends
139 508
191 675
-
-
withholding
30 099
42 098
-
-
total
30 099
42 098
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 327
75 923
103 556
99 632
After tax
143 173
149 577
121 944
125 868
Living cost
33 764
33 764
33 764
33 764
Free-cash
109 409
115 813
88 180
92 104

Estimated living cost  is ₽33764 per week

₽24864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75564
₽62864
₽54270
₽62704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
communal
-
-
-
14 252
accident
-
-
-
1 874
income
-
-
-
44 135
surtax
-
-
-
11 231
health
-
-
-
15 617
pensions
-
-
-
33 313
total
-
-
-
120 422
Employee
70 802
-
201 428
-
pensions
5 663
-
16 113
-
surtax
4 340
-
12 345
-
income
6 839
-
50 337
-
health
3 151
-
8 963
-
total
19 993
-
87 758
-
Employer
70 802
-
201 428
-
health
2 159
-
6 144
-
pensions
5 663
-
16 113
-
accident
637
-
1 813
-
total
8 459
-
24 070
-
Corporate
146 239
225 500
-
-
communal
9 872
15 221
-
-
income
21 936
33 825
-
-
surtax
1 535
2 369
-
-
total
33 343
51 415
-
-
Dividends
112 896
174 085
-
-
income
33 258
21 600
-
-
withholding
16 935
26 113
-
-
total
50 193
47 713
-
-
Income
225 500
225 500
225 500
225 500
Total tax
111 988
99 128
111 828
120 422
After tax
113 512
126 372
113 672
105 078
Living cost
50 808
50 808
50 808
50 808
Free-cash
62 704
75 564
62 864
54 270

Estimated living cost  is ₽50808 per week

₽38114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120838
₽79191
₽84905
₽117864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
73 034
other
-
-
-
-
surtax
-
-
-
12 533
unemployment
-
-
-
213
health
-
-
-
8 859
pensions
-
-
-
24 956
total
-
-
-
119 595
Employee
31 485
-
199 235
-
other
-
-
-
-
unemployment
2 191
-
8 685
-
pensions
2 101
-
8 323
-
surtax
112
-
11 414
-
income
5 278
-
67 441
-
health
804
-
3 181
-
total
10 486
-
99 044
-
Employer
31 485
-
199 235
-
health
1 432
-
5 677
-
pensions
4 198
-
16 633
-
unemployment
999
-
3 955
-
other
-
-
-
-
total
6 629
-
26 265
-
Corporate
187 386
225 500
-
-
income
48 720
58 631
-
-
total
48 720
58 631
-
-
Dividends
138 666
166 869
-
-
withholding
20 801
25 031
-
-
total
20 801
25 031
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 636
83 662
125 309
119 595
After tax
138 864
141 838
100 191
105 905
Living cost
21 000
21 000
21 000
21 000
Free-cash
117 864
120 838
79 191
84 905

Estimated living cost  is ₽21000 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
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.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93342
₽75855
₽83738
₽91268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
social contributions
-
-
-
46 793
regional
-
-
-
3 627
municipal
-
-
-
1 430
national
-
-
-
64 727
total
-
-
-
116 577
Employee
51 862
-
225 500
-
municipal
275
-
1 313
-
national
8 216
-
58 467
-
regional
698
-
3 333
-
social contributions
17 488
-
61 347
-
total
26 677
-
124 460
-
Employer
51 862
-
225 500
-
total
-
-
-
-
Corporate
173 638
225 500
-
-
municipal
8 630
11 208
-
-
nationa
41 673
54 121
-
-
total
50 303
65 329
-
-
Dividends
123 335
160 172
-
-
withholding
32 067
41 644
-
-
total
32 067
41 644
-
-
Income
225 500
225 500
225 500
225 500
Total tax
109 047
106 973
124 460
116 577
After tax
116 453
118 527
101 040
108 923
Living cost
25 185
25 185
25 185
25 185
Free-cash
91 268
93 342
75 855
83 738

Estimated living cost  is ₽25185 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126624
₽95440
₽105447
₽116408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
24 243
social contributions
-
-
-
33 436
solidarity contribution
-
-
-
3 298
health
-
-
-
30 443
total
-
-
-
91 420
Employee
42 107
-
180 618
-
solidarity contribution
-
-
2 400
-
social contributions
2 737
-
7 443
-
income
5 053
-
22 319
-
health
5 684
-
24 383
-
total
13 474
-
56 545
-
Employer
42 107
-
180 618
-
health
3 790
-
16 256
-
social contributions
10 527
-
28 626
-
total
14 317
-
44 882
-
Corporate
169 077
225 500
-
-
income
32 125
42 845
-
-
total
32 125
42 845
-
-
Dividends
136 952
182 655
-
-
withholding
20 543
27 398
-
-
total
20 543
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 459
70 243
101 427
91 420
After tax
145 041
155 257
124 073
134 080
Living cost
28 633
28 633
28 633
28 633
Free-cash
116 408
126 624
95 440
105 447

Estimated living cost  is ₽28633 per week

₽21293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94459
₽29001
₽85633
₽93998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
74 843
surtax
-
-
-
-
unemployment
-
-
-
5 734
chamber of commerce
-
-
-
901
health
-
-
-
8 355
pensions
-
-
-
20 206
total
-
-
-
110 039
Employee
40 869
37 258
188 293
-
other
408
373
1 093
-
unemployment
1 226
1 118
3 277
-
pensions
4 185
3 815
11 185
-
income
3 641
2 748
63 497
-
health
1 581
1 442
4 226
-
total
11 041
9 496
83 278
-
Employer
40 869
37 258
188 293
-
chamber of commerce
163
149
754
-
health
1 545
1 409
4 129
-
pensions
5 129
4 677
13 708
-
accident
530
484
1 419
-
unemployment
1 226
1 118
3 277
-
surtax
-
-
-
-
payroll
1 226
1 118
5 649
-
other
1 941
1 769
8 271
-
total
11 760
10 724
37 207
-
Corporate
172 870
177 518
184 745
-
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.

43 218
44 380
46 186
-
total
43 218
44 380
46 186
-
Dividends
129 652
133 138
-
-
withholding
35 655
36 613
-
-
total
35 655
36 613
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 674
101 213
166 671
110 039
After tax
123 826
124 287
58 829
115 461
Living cost
29 828
29 828
29 828
29 828
Free-cash
93 998
94 459
29 001
85 633

Estimated living cost  is ₽29828 per week

₽17893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202310
₽168485
₽211330
₽200076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
225 500
microenterprise

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

-
-
-
2 255
total
-
-
-
2 255
Employee
14 894
-
225 500
-
income
2 979
-
45 100
-
total
2 979
-
45 100
-
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%.

210 606
225 500
-
-
total
-
-
-
-
Dividends
210 606
225 500
-
-
withholding
10 530
11 275
-
-
total
10 530
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
13 509
11 275
45 100
2 255
After tax
211 991
214 225
180 400
223 245
Living cost
11 915
11 915
11 915
11 915
Free-cash
200 076
202 310
168 485
211 330

Estimated living cost  is ₽11915 per week

₽8063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130181
₽73120
₽78014
₽122360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
58 699
unemployment
-
-
-
339
health
-
-
-
22 190
pensions
-
-
-
41 181
total
-
-
-
122 409
Employee

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

41 343
-
195 120
-
unemployment
59
-
273
-
pensions
6 408
-
30 243
-
income
7 130
-
53 804
-
health
2 670
-
12 604
-
total
16 267
-
96 924
-
Employer

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

41 343
-
195 120
-
health
2 754
-
12 994
-
pensions
3 658
-
17 268
-
unemployment
25
-
117
-
total
6 437
-
30 379
-
Corporate
177 720
225 500
-
-
income
33 767
42 845
-
-
total
33 767
42 845
-
-
Dividends
143 953
182 655
-
-
withholding
21 592
27 397
-
-
total
21 592
27 397
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 063
70 242
127 303
122 409
After tax
147 437
155 258
98 197
103 091
Living cost
25 077
25 077
25 077
25 077
Free-cash
122 360
130 181
73 120
78 014

Estimated living cost  is ₽25077 per week

₽17210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96947
₽172982
₽115591
₽52580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
43 955
social contributions
-
-
-
25 707
total
-
-
-
69 662
Employee
57 709
-
-
-
social contributions
4 732
-
674
-
income
12 729
-
-
-
total
17 461
-
674
-
Employer
57 709
-
-
-
social contributions
81 369
-
11 597
-
total
81 369
-
11 597
-
Corporate
86 422
225 500
-
-
income
19 013
49 610
-
-
total
19 013
49 610
-
-
Dividends
67 409
175 890
-
-
income
14 830
38 696
-
-
total
14 830
38 696
-
-
Income
225 500
225 500
225 500
225 500
Total tax
132 673
88 306
12 271
69 662
After tax
92 827
137 194
213 229
155 838
Living cost
40 247
40 247
40 247
40 247
Free-cash
52 580
96 947
172 982
115 591

Estimated living cost  is ₽40247 per week

₽26114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98939
₽69360
₽87538
₽97998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
30 274
surtax
-
-
-
-
social contributions

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

-
-
-
78 362
total
-
-
-
108 636
Employee
43 000
-
182 222
-
surtax
-
-
506
-
social contributions
4 730
-
20 045
-
income
8 944
-
62 985
-
total
13 674
-
83 536
-
Employer
43 000
-
182 222
-
social contributions
10 212
-
43 278
-
total
10 212
-
43 278
-
Corporate
172 288
225 500
-
-
income
36 180
47 355
-
-
surtax
-
-
-
-
total
36 180
47 355
-
-
Dividends
136 108
178 145
-
-
withholding
38 110
49 880
-
-
total
38 110
49 880
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 176
97 235
126 814
108 636
After tax
127 324
128 265
98 686
116 864
Living cost
29 326
29 326
29 326
29 326
Free-cash
97 998
98 939
69 360
87 538

Estimated living cost  is ₽29326 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
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.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68496
₽69355
₽76928
₽74923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
44 156
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 424
health
-
-
-
11 433
pensions
-
-
-
34 413
total
-
-
-
103 416
Employee
58 557
-
171 340
-
pensions
6 623
-
13 234
-
surtax
-
-
-
-
social contributions
1 668
-
4 881
-
income
5 109
-
38 713
-
total
13 400
-
56 828
-
Employer
58 557
-
171 340
-
health
4 098
-
17 417
-
pensions
9 622
-
22 043
-
unemployment
2 372
-
6 939
-
social contributions
176
-
515
-
other
2 021
-
7 247
-
total
18 289
-
54 161
-
Corporate
148 655
225 500
-
-
income
41 623
63 141
-
-
surtax
-
-
-
-
total
41 623
63 141
-
-
Dividends
107 032
162 359
-
-
surtax
-
-
-
-
social contributions
18 409
27 926
-
-
withholding
13 700
20 781
-
-
total
32 109
48 707
-
-
Income
225 500
225 500
225 500
225 500
Total tax
105 421
111 848
110 989
103 416
After tax
120 079
113 652
114 511
122 084
Living cost
45 156
45 156
45 156
45 156
Free-cash
74 923
68 496
69 355
76 928

Estimated living cost  is ₽45156 per week

₽30561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174846
₽141867
₽135874
₽171706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
11 912
social contributions
-
-
-
49 610
total
-
-
-
61 522
Employee
30 057
-
195 237
-
income
-
-
12 577
-
social contributions
1 953
-
12 689
-
total
1 953
-
25 266
-
Employer
30 057
-
195 237
-
social contributions
4 659
-
30 263
-
total
4 659
-
30 263
-
Corporate
190 784
225 500
-
-
income
19 078
22 550
-
-
total
19 078
22 550
-
-
Dividends
171 706
202 950
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
25 690
22 550
55 529
61 522
After tax
199 810
202 950
169 971
163 978
Living cost
28 104
28 104
28 104
28 104
Free-cash
171 706
174 846
141 867
135 874

Estimated living cost  is ₽28104 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21999
₽21999
₽84489
₽11876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
labour market
-
-
-
17 975
municipal
-
-
-
48 784
national
-
-
-
28 460
pensions
-
-
-
810
total
-
-
-
96 029
Employee
189 858
189 858
189 858
-
municipal
40 429
40 429
40 429
-
labour market
15 167
15 167
15 167
-
pensions
270
270
270
-
national
23 195
23 195
23 195
-
total
79 061
79 061
79 061
-
Employer
189 858
189 858
189 858
-
national
23 235
23 235
23 235
-
labour market
15 189
15 189
15 189
-
pensions
540
540
540
-
municipal
40 494
40 494
40 494
-
total
79 458
79 458
79 458
-
Corporate
22 001
-
-
-
income
4 840
-
-
-
total
4 840
-
-
-
Dividends
17 161
-
-
-
withholding
5 283
-
-
-
total
5 283
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
168 642
158 519
158 519
96 029
After tax
56 858
66 981
66 981
129 471
Living cost
44 982
44 982
44 982
44 982
Free-cash
11 876
21 999
21 999
84 489

Estimated living cost  is ₽44982 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2210
₽104088
₽133464
₽15124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
239
income
-
-
-
64 982
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
71 561
Employee
32 208
-
206 582
-
pensions
3 627
-
7 207
-
income
4 419
-
51 158
-
health
3 688
-
23 654
-
total
11 734
-
82 019
-
Employer
32 208
-
206 582
-
pensions
5 237
-
10 407
-
accident
538
-
3 450
-
unemployment
789
-
5 061
-
total
6 564
-
18 918
-
Corporate
186 728
225 500
-
-
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.

168 055
202 950
-
-
total
168 055
202 950
-
-
Dividends
18 673
22 550
-
-
withholding
3 548
4 285
-
-
total
3 548
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
189 901
207 235
100 937
71 561
After tax
35 599
18 265
124 563
153 939
Living cost
20 475
20 475
20 475
20 475
Free-cash
15 124
-2 210
104 088
133 464

Estimated living cost  is ₽20475 per week

₽14903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101600
₽74885
₽100715
₽104519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
225 500
health
-
-
-
3 082
municipal
-
-
-
40 035
national
-
-
-
45 773
total
-
-
-
88 890
Employee
49 189
-
189 704
-
municipal
8 057
-
30 873
-
unemployment
738
-
2 846
-
pensions
3 320
-
12 804
-
national
813
-
29 869
-
health
367
-
2 532
-
total
13 295
-
78 924
-
Employer
49 189
-
189 704
-
health
378
-
1 460
-
pensions
8 534
-
32 913
-
accident
50
-
190
-
unemployment
319
-
1 233
-
total
9 281
-
35 796
-
Corporate
167 030
225 500
-
-
income
33 407
45 100
-
-
total
33 407
45 100
-
-
Dividends

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

100 218
135 300
-
-
municipal
18 038
24 355
-
-
national
11 065
18 550
-
-
total
29 103
42 905
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 086
88 005
114 720
88 890
After tax
140 414
137 495
110 780
136 610
Living cost
35 895
35 895
35 895
35 895
Free-cash
104 519
101 600
74 885
100 715

Estimated living cost  is ₽35895 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142659
₽127620
₽129438
₽137571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
53 539
social contributions
-
-
-
15 127
health
-
-
-
5 750
total
-
-
-
74 416
Employee
71 892
71 892
213 503
-
social contributions
2 718
5 967
8 048
-
income
7 828
6 655
52 559
-
health
557
1 222
3 630
-
total
11 103
13 844
64 237
-
Employer
71 892
71 892
213 503
-
health
605
1 331
3 949
-
social contributions
2 718
5 967
8 048
-
total
3 323
7 298
11 997
-
Corporate
189 428
146 311
-
-
income
23 679
18 289
-
-
total
23 679
18 289
-
-
Dividends
165 749
128 022
-
-
withholding
28 178
21 764
-
-
total
28 178
21 764
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 283
61 195
76 234
74 416
After tax
159 217
164 305
149 266
151 084
Living cost
21 646
21 646
21 646
21 646
Free-cash
137 571
142 659
127 620
129 438

Estimated living cost  is ₽21646 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2124
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.
₽6071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171893
₽159100
₽177854
₽167138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
225 500
income
-
-
-
23 445
unemployment
-
-
-
27
health
-
-
-
3 383
pensions
-
-
-
5 947
total
-
-
-
32 802
Employee

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

21 460
-
216 363
-
unemployment
106
-
444
-
pensions
3 218
-
13 307
-
income
1 467
-
21 127
-
health
1 824
-
7 540
-
total
6 615
-
42 418
-
Employer

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

21 460
-
216 363
-
health
923
-
3 815
-
pensions
1 180
-
4 879
-
unemployment
106
-
444
-
total
2 209
-
9 138
-
Corporate
201 831
225 500
-
-
income
18 164
20 295
-
-
total
18 164
20 295
-
-
Dividends
183 667
205 205
-
-
withholding
16 530
18 468
-
-
total
16 530
18 468
-
-
Income
225 500
225 500
225 500
225 500
Total tax
43 518
38 763
51 556
32 802
After tax
181 982
186 737
173 944
192 698
Living cost
14 844
14 844
14 844
14 844
Free-cash
167 138
171 893
159 100
177 854

Estimated living cost  is ₽14844 per week

₽9471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123867
₽96234
₽100158
₽119737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
781
income
-
-
-
73 634
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
99 632
Employee
34 570
-
197 874
-
other
34
-
87
-
unemployment
536
-
1 343
-
pensions
1 625
-
4 074
-
income
6 665
-
70 425
-
total
8 860
-
75 929
-
Employer
34 570
-
197 874
-
pensions
8 158
-
20 451
-
accident
685
-
1 716
-
unemployment
1 902
-
4 766
-
other
277
-
694
-
total
11 022
-
27 627
-
Corporate
179 909
225 500
-
-
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.

26 986
33 825
-
-
total
26 986
33 825
-
-
Dividends
152 923
191 675
-
-
withholding
33 185
42 098
-
-
total
33 185
42 098
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 053
75 923
103 556
99 632
After tax
145 447
149 577
121 944
125 868
Living cost
25 710
25 710
25 710
25 710
Free-cash
119 737
123 867
96 234
100 158

Estimated living cost  is ₽25710 per week

₽17354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽138882
₽143540
₽143670
₽138581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
77 697
health
-
-
-
968
pensions
-
-
-
1 335
total
-
-
-
80 000
Employee
2 788
-
223 998
-
unemployment
28
-
67
-
pensions
251
-
601
-
income
539
-
77 627
-
health
139
-
334
-
total
957
-
78 629
-
Employer
2 788
-
223 998
-
health
265
-
634
-
pensions
307
-
734
-
unemployment
56
-
133
-
total
628
-
1 501
-
Corporate
222 085
225 500
-
-
income
48 859
49 610
-
-
total
48 859
49 610
-
-
Dividends
173 226
175 890
-
-
withholding
34 645
35 178
-
-
total
34 645
35 178
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 089
84 788
80 130
80 000
After tax
140 411
140 712
145 370
145 500
Living cost
1 830
1 830
1 830
1 830
Free-cash
138 581
138 882
143 540
143 670

Estimated living cost  is ₽1830 per week

₽1088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146748
₽130727
₽130726
₽142146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
52 468
unemployment
-
-
-
1 037
health
-
-
-
7 120
pensions
-
-
-
17 973
total
-
-
-
78 598
Employee

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

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

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

24 392
-
213 127
-
unemployment
183
-
518
-
pensions
3 415
-
9 678
-
income
3 362
-
52 468
-
health
1 256
-
3 560
-
total
8 216
-
66 224
-
Employer

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

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

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

24 392
-
213 127
-
health
1 256
-
3 560
-
pensions
2 927
-
8 295
-
unemployment
183
-
518
-
total
4 366
-
12 373
-
Corporate
196 742
225 500
-
-
income
29 511
33 825
-
-
total
29 511
33 825
-
-
Dividends
167 231
191 675
-
-
withholding
25 085
28 751
-
-
total
25 085
28 751
-
-
Income
225 500
225 500
225 500
225 500
Total tax
67 178
62 576
78 597
78 598
After tax
158 322
162 924
146 903
146 902
Living cost
16 176
16 176
16 176
16 176
Free-cash
142 146
146 748
130 727
130 726

Estimated living cost  is ₽16176 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103060
₽73481
₽91659
₽102722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
30 274
surtax
-
-
-
-
social contributions

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

-
-
-
78 362
total
-
-
-
108 636
Employee
36 287
-
182 222
-
surtax
-
-
506
-
social contributions
3 992
-
20 045
-
income
7 090
-
62 985
-
total
11 082
-
83 536
-
Employer
36 287
-
182 222
-
social contributions
8 617
-
43 278
-
total
8 617
-
43 278
-
Corporate
180 596
225 500
-
-
income
37 926
47 355
-
-
surtax
-
-
-
-
total
37 926
47 355
-
-
Dividends
142 670
178 145
-
-
withholding
39 948
49 880
-
-
total
39 948
49 880
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 573
97 235
126 814
108 636
After tax
127 927
128 265
98 686
116 864
Living cost
25 205
25 205
25 205
25 205
Free-cash
102 722
103 060
73 481
91 659

Estimated living cost  is ₽25205 per week

₽17852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116719
₽89086
₽93010
₽110602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
781
income
-
-
-
73 634
other
-
-
-
87
unemployment
-
-
-
607
pensions
-
-
-
24 523
total
-
-
-
99 632
Employee
45 153
-
197 874
-
other
44
-
87
-
unemployment
699
-
1 343
-
pensions
2 122
-
4 074
-
income
9 431
-
70 425
-
total
12 296
-
75 929
-
Employer
45 153
-
197 874
-
pensions
10 656
-
20 451
-
accident
894
-
1 716
-
unemployment
2 484
-
4 766
-
other
362
-
694
-
total
14 396
-
27 627
-
Corporate
165 951
225 500
-
-
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.

24 892
33 825
-
-
total
24 892
33 825
-
-
Dividends
141 059
191 675
-
-
withholding
30 456
42 098
-
-
total
30 456
42 098
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 040
75 923
103 556
99 632
After tax
143 460
149 577
121 944
125 868
Living cost
32 858
32 858
32 858
32 858
Free-cash
110 602
116 719
89 086
93 010

Estimated living cost  is ₽32858 per week

₽23597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
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.
₽6243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176713
₽176362
₽166863
₽171012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
33 825
unemployment
-
-
-
131
health
-
-
-
3 757
pensions

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

-
-
-
4 835
total
-
-
-
42 548
Employee
21 305
-
219 090
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 869
-
income
2 131
-
21 909
-
health
980
-
1 503
-
total
5 215
-
26 640
-
Employer
21 305
-
219 090
-
health
1 470
-
2 254
-
pensions

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

2 348
-
3 600
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 180
-
6 409
-
Corporate
200 015
225 500
-
-
income
20 002
22 550
-
-
total
20 002
22 550
-
-
Dividends
180 013
202 950
-
-
withholding
9 001
10 148
-
-
total
9 001
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
38 398
32 698
33 049
42 548
After tax
187 102
192 802
192 451
182 952
Living cost
16 090
16 090
16 090
16 090
Free-cash
171 012
176 713
176 362
166 863

Estimated living cost  is ₽16090 per week

₽10641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79856
₽102364
₽76242
₽92090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income

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

-
-
-
76 449
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.

-
-
-
4 205
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.

-
-
-
6 387
trade
-
-
-
26 122
total
-
-
-
113 163
Employee

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

46 519
-
225 500
-
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.

211
-
4 205
-
income

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

3 825
-
76 449
-
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.

6 387
-
6 387
-
total
10 423
-
87 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 981
225 500
-
-
income
26 847
33 825
-
-
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.

1 476
1 861
-
-
chamber of commerce
405
472
-
-
trade
25 683
32 360
-
-
total
54 411
68 518
-
-
Dividends
124 570
156 982
-
-
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.

1 693
2 140
-
-
withholding
30 788
38 891
-
-
total
32 481
41 031
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 315
109 549
87 041
113 163
After tax
128 185
115 951
138 459
112 337
Living cost
36 095
36 095
36 095
36 095
Free-cash
92 090
79 856
102 364
76 242

Estimated living cost  is ₽36095 per week

₽24899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104593
₽58465
₽58465
₽106655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
74 746
social contributions
-
-
-
39 031
total
-
-
-
113 777
Employee
73 133
-
225 500
-
income
13 800
-
74 746
-
social contributions
6 076
-
39 031
-
total
19 876
-
113 777
-
Employer
73 133
-
225 500
-
total
-
-
-
-
Corporate
152 367
225 500
-
-
income
19 046
28 187
-
-
total
19 046
28 187
-
-
Dividends
133 321
197 313
-
-
withholding
26 665
39 462
-
-
total
26 665
39 462
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 587
67 649
113 777
113 777
After tax
159 913
157 851
111 723
111 723
Living cost
53 258
53 258
53 258
53 258
Free-cash
106 655
104 593
58 465
58 465

Estimated living cost  is ₽53258 per week

₽40518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107697
₽122685
₽151987
₽110965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
33 825
health

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

-
-
-
5 750
total
-
-
-
39 575
Employee
42 889
-
221 199
-
income
4 654
-
60 275
-
social contributions
4 297
-
4 301
-
total
8 951
-
64 576
-
Employer
42 889
-
221 199
-
social contributions
4 297
-
4 301
-
total
4 297
-
4 301
-
Corporate
178 314
225 500
-
-
income
62 410
78 926
-
-
total
62 410
78 926
-
-
Dividends
115 904
146 574
-
-
social contributions
4 939
4 939
-
-
total
4 939
4 939
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 597
83 865
68 877
39 575
After tax
144 903
141 635
156 623
185 925
Living cost
33 938
33 938
33 938
33 938
Free-cash
110 965
107 697
122 685
151 987

Estimated living cost  is ₽33938 per week

₽22355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106509
₽90418
₽110484
₽111986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
71 098
pensions
-
-
-
9 572
total
-
-
-
80 670
Employee
47 144
-
196 406
-
pensions
3 598
-
11 314
-
income
8 585
-
57 723
-
health
615
-
2 605
-
total
12 798
-
71 642
-
Employer
47 144
-
196 406
-
health
896
-
3 733
-
pensions
4 763
-
25 361
-
total
5 659
-
29 094
-
Corporate
172 697
225 500
-
-
income

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

32 812
42 845
-
-
total
32 812
42 845
-
-
Dividends
139 885
182 655
-
-
withholding
27 899
41 800
-
-
total
27 899
41 800
-
-
Income
225 500
225 500
225 500
225 500
Total tax
79 168
84 645
100 736
80 670
After tax
146 332
140 855
124 764
144 830
Living cost
34 346
34 346
34 346
34 346
Free-cash
111 986
106 509
90 418
110 484

Estimated living cost  is ₽34346 per week

₽23561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4237
₽102061
₽131437
₽14814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
accident
-
-
-
239
income
-
-
-
64 982
other
-
-
-
350
health
-
-
-
2 060
pensions
-
-
-
3 930
total
-
-
-
71 561
Employee
35 396
-
206 582
-
pensions
3 986
-
7 207
-
income
4 856
-
51 158
-
health
4 053
-
23 654
-
total
12 895
-
82 019
-
Employer
35 396
-
206 582
-
pensions
5 755
-
10 407
-
accident
591
-
3 450
-
unemployment
867
-
5 061
-
total
7 213
-
18 918
-
Corporate
182 891
225 500
-
-
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.

164 601
202 950
-
-
total
164 601
202 950
-
-
Dividends
18 289
22 550
-
-
withholding
3 475
4 285
-
-
total
3 475
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
188 184
207 235
100 937
71 561
After tax
37 316
18 265
124 563
153 939
Living cost
22 502
22 502
22 502
22 502
Free-cash
14 814
-4 237
102 061
131 437

Estimated living cost  is ₽22502 per week

₽16514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159893
₽154249
₽133713
₽157068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 500
income
-
-
-
38 102
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 052
pensions
-
-
-
27 480
total
-
-
-
79 173
Employee

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

20 183
-
225 500
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 714
-
13 740
-
income
2 018
-
38 102
-
total
7 568
-
58 637
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 317
225 500
-
-
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%.

20 532
22 550
-
-
total
20 532
22 550
-
-
Dividends
184 786
202 950
-
-
withholding
27 718
30 443
-
-
total
27 718
30 443
-
-
Income
225 500
225 500
225 500
225 500
Total tax
55 818
52 993
58 637
79 173
After tax
169 682
172 507
166 863
146 327
Living cost
12 614
12 614
12 614
12 614
Free-cash
157 068
159 893
154 249
133 713

Estimated living cost  is ₽12614 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81532
₽61810
₽69487
₽77278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
social contributions
-
-
-
46 793
regional
-
-
-
5 639
municipal
-
-
-
1 609
national
-
-
-
64 727
total
-
-
-
118 768
Employee
78 783
-
225 500
-
municipal
470
-
1 478
-
national
13 314
-
58 467
-
regional
1 189
-
5 153
-
social contributions
26 565
-
61 347
-
total
41 538
-
126 445
-
Employer
78 783
-
225 500
-
total
-
-
-
-
Corporate
146 717
225 500
-
-
municipal
7 072
10 869
-
-
nationa
35 213
54 121
-
-
total
42 285
64 990
-
-
Dividends
104 432
160 511
-
-
withholding
27 153
41 733
-
-
total
27 153
41 733
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 976
106 723
126 445
118 768
After tax
114 524
118 777
99 055
106 732
Living cost
37 246
37 246
37 246
37 246
Free-cash
77 278
81 532
61 810
69 487

Estimated living cost  is ₽37246 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close