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
₽83643
₽109221
₽80960
₽94600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 357
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.

-
-
-
4 144
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.

-
-
-
6 769
trade
-
-
-
28 261
total
-
-
-
114 531
Employee

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

37 895
-
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.

58
-
4 144
-
income

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

1 059
-
75 357
-
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.

6 769
-
6 769
-
total
7 886
-
86 270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 605
225 500
-
-
income
28 140
33 824
-
-
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.

1 547
1 859
-
-
chamber of commerce
419
474
-
-
trade
29 549
35 516
-
-
total
59 655
71 673
-
-
Dividends
127 950
153 826
-
-
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.

1 739
2 094
-
-
withholding
31 611
38 081
-
-
total
33 350
40 175
-
-
Income
225 500
225 500
225 500
225 500
Total tax
100 891
111 848
86 270
114 531
After tax
124 609
113 652
139 230
110 969
Living cost
30 009
30 009
30 009
30 009
Free-cash
94 600
83 643
109 221
80 960

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88225
₽77720
₽76510
₽87352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 009
national
-
-
-
42 010
pensions
-
-
-
27 060
total
-
-
-
96 503
Employee
81 365
-
194 943
-
municipal
10 050
-
25 882
-
pensions
3 255
-
7 798
-
national
15 573
-
43 922
-
total
28 878
-
77 602
-
Employer
81 365
-
194 943
-
pensions
6 509
-
15 595
-
social contributions
875
-
2 096
-
total
7 384
-
17 691
-
Corporate
131 381
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%.

26 276
45 100
-
-
total
26 276
45 100
-
-
Dividends
105 105
180 400
-
-
withholding
23 123
39 688
-
-
total
23 123
39 688
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 661
84 788
95 293
96 503
After tax
139 839
140 712
130 207
128 997
Living cost
52 487
52 487
52 487
52 487
Free-cash
87 352
88 225
77 720
76 510

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159789
₽77568
₽61585
₽151660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 840
surtax
-
-
-
57 503
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.

-
-
-
37 960
microenterprise
-
-
-
-
total
-
-
-
143 303
Employee
28 951
-
177 528
-
surtax
-
-
25 741
-
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.

3 185
-
12 988
-
income
5 154
-
40 619
-
total
8 339
-
79 348
-
Employer
28 951
-
177 528
-
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.

6 974
-
28 445
-
surtax
-
-
19 527
-
total
6 974
-
47 972
-
Corporate
189 576
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%.

37 915
45 099
-
-
total
37 915
45 099
-
-
Dividends

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

151 661
180 401
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
53 228
45 099
127 320
143 303
After tax
172 272
180 401
98 180
82 197
Living cost
20 612
20 612
20 612
20 612
Free-cash
151 660
159 789
77 568
61 585

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70898
₽102711
₽79443
₽64829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 728
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
104 553
Employee
84 607
84 607
207 088
-
pensions
15 229
11 608
11 608
-
income

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

13 849
13 849
39 048
-
health
12 986
11 046
12 217
-
total
42 064
36 503
62 873
-
Employer
84 607
84 607
207 088
-
health
5 881
5 881
7 308
-
pensions
5 889
5 889
7 319
-
unemployment
3 046
3 046
3 785
-
total
14 816
14 816
18 412
-
Corporate
127 115
126 077
-
-
income
25 424
25 215
-
-
total
25 424
25 215
-
-
Dividends
101 691
100 862
-
-
income
21 609
21 434
-
-
withholding
15 254
15 130
-
-
total
36 863
36 564
-
-
Income
225 500
225 500
225 500
225 500
Total tax
119 167
113 098
81 285
104 553
After tax
106 333
112 402
144 215
120 947
Living cost
41 504
41 504
41 504
41 504
Free-cash
64 829
70 898
102 711
79 443

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82367
₽71236
₽72224
₽81453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 379
unemployment
-
-
-
89
health
-
-
-
5 574
municipal
-
-
-
59 528
national
-
-
-
27 115
pensions
-
-
-
9 656
total
-
-
-
112 520
Employee
58 073
-
197 435
-
municipal
17 317
-
58 875
-
national
-
-
26 568
-
total
17 317
-
85 443
-
Employer
58 073
-
197 435
-
health
3 571
-
5 493
-
pensions
6 278
-
9 656
-
accident
116
-
179
-
unemployment
1 533
-
2 358
-
other
6 748
-
10 379
-
total
18 246
-
28 065
-
Corporate
149 180
225 500
-
-
income
32 820
49 610
-
-
total
32 820
49 610
-
-
Dividends
116 361
175 890
-
-
withholding
34 908
52 767
-
-
total
34 908
52 767
-
-
Income
225 500
225 500
225 500
225 500
Total tax
103 291
102 377
113 508
112 520
After tax
122 209
123 123
111 992
112 980
Living cost
40 756
40 756
40 756
40 756
Free-cash
81 453
82 367
71 236
72 224

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
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.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73570
₽100309
₽70792
₽87489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 357
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.

-
-
-
4 144
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.

-
-
-
6 769
trade
-
-
-
29 517
total
-
-
-
115 787
Employee

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

50 244
-
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.

237
-
4 144
-
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.

4 317
-
75 357
-
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.

6 769
-
6 769
-
total
11 323
-
86 270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 256
225 500
-
-
income
26 288
33 824
-
-
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.

1 446
1 859
-
-
chamber of commerce
400
472
-
-
trade
28 830
37 096
-
-
total
56 964
73 251
-
-
Dividends
118 291
152 249
-
-
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.

1 606
2 072
-
-
withholding
29 197
37 686
-
-
total
30 803
39 758
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 090
113 009
86 270
115 787
After tax
126 410
112 491
139 230
109 713
Living cost
38 921
38 921
38 921
38 921
Free-cash
87 489
73 570
100 309
70 792

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132204
₽117597
₽119443
₽128095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 142
social contributions
-
-
-
16 030
health
-
-
-
5 750
total
-
-
-
73 922
Employee
76 185
76 185
213 031
-
social contributions
3 702
6 323
8 528
-
income
8 000
7 052
51 150
-
health
758
1 295
3 621
-
total
12 460
14 670
63 299
-
Employer
76 185
76 185
213 031
-
health
825
1 410
3 941
-
social contributions
3 702
6 323
8 528
-
total
4 527
7 733
12 469
-
Corporate
176 377
141 582
-
-
income
22 047
17 698
-
-
total
22 047
17 698
-
-
Dividends
154 331
123 884
-
-
withholding
26 236
21 060
-
-
total
26 236
21 060
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 270
61 161
75 768
73 922
After tax
160 230
164 339
149 732
151 578
Living cost
32 135
32 135
32 135
32 135
Free-cash
128 095
132 204
117 597
119 443

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108438
₽112592
₽138084
₽108815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 173
10 417
188 703
-
unemployment
393
156
2 831
-
pensions
2 617
1 042
18 870
-
income
3 200
1 273
23 069
-
health
1 832
729
13 209
-
total
8 042
3 200
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.

26 173
10 417
188 703
-
pensions
5 104
2 031
36 797
-
total
5 104
2 031
36 797
-
Corporate
194 223
213 052
-
-
income
17 480
19 175
-
-
total
17 480
19 175
-
-
Dividends
176 743
193 877
-
-
social contributions
34 346
37 687
-
-
withholding
33 581
36 837
-
-
total
67 927
74 524
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 553
98 930
94 776
69 284
After tax
126 947
126 570
130 724
156 216
Living cost
18 132
18 132
18 132
18 132
Free-cash
108 815
108 438
112 592
138 084

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156470
₽106043
₽96937
₽150314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 218
health
-
-
-
29 315
pensions
-
-
-
45 099
total
-
-
-
104 632
Employee
28 106
-
168 535
-
unemployment
449
-
2 696
-
pensions
562
-
3 371
-
income
3 164
-
32 493
-
total
4 175
-
38 560
-
Employer
28 106
-
168 535
-
health
3 653
-
21 910
-
pensions
5 622
-
33 708
-
unemployment
226
-
1 348
-
total
9 501
-
56 966
-
Corporate
187 893
225 500
-
-
income
37 579
45 099
-
-
total
37 579
45 099
-
-
Dividends
150 314
180 401
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
51 255
45 099
95 526
104 632
After tax
174 245
180 401
129 974
120 868
Living cost
23 931
23 931
23 931
23 931
Free-cash
150 314
156 470
106 043
96 937

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3794
₽102144
₽131917
₽14883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
64 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
71 524
Employee
34 699
-
205 967
-
pensions
3 907
-
7 650
-
income
4 760
-
50 530
-
health
3 973
-
23 584
-
total
12 640
-
81 764
-
Employer
34 699
-
205 967
-
pensions
5 642
-
11 047
-
accident
579
-
3 440
-
unemployment
850
-
5 046
-
total
7 071
-
19 533
-
Corporate
183 729
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.

165 356
202 950
-
-
total
165 356
202 950
-
-
Dividends
18 373
22 550
-
-
withholding
3 491
4 285
-
-
total
3 491
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
188 558
207 235
101 297
71 524
After tax
36 942
18 265
124 203
153 976
Living cost
22 059
22 059
22 059
22 059
Free-cash
14 883
-3 794
102 144
131 917

Estimated living cost  is ₽22059 per week

₽16167
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.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206119
₽172294
₽215139
₽204600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 133
-
225 500
-
income
2 026
-
45 100
-
total
2 026
-
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%.

215 367
225 500
-
-
total
-
-
-
-
Dividends
215 367
225 500
-
-
withholding
10 768
11 275
-
-
total
10 768
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
12 794
11 275
45 100
2 255
After tax
212 706
214 225
180 400
223 245
Living cost
8 106
8 106
8 106
8 106
Free-cash
204 600
206 119
172 294
215 139

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139275
₽107602
₽109460
₽132583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 696
other
-
-
-
7 156
health
-
-
-
6 629
pensions

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

-
-
-
36 159
total
-
-
-
89 640
Employee
35 974
-
187 241
-
unemployment
359
-
1 506
-
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.

2 518
-
10 546
-
income
6 193
-
39 077
-
health
504
-
2 110
-
total
9 574
-
53 239
-
Employer
35 974
-
187 241
-
health
504
-
2 110
-
pensions

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

6 116
-
25 613
-
accident
288
-
1 498
-
unemployment
359
-
1 506
-
other
1 799
-
7 532
-
total
9 066
-
38 259
-
Corporate
180 460
225 500
-
-
income
37 897
47 356
-
-
total
37 897
47 356
-
-
Dividends
142 564
178 144
-
-
withholding
9 980
12 469
-
-
total
9 980
12 469
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 517
59 825
91 498
89 640
After tax
158 983
165 675
134 002
135 860
Living cost
26 400
26 400
26 400
26 400
Free-cash
132 583
139 275
107 602
109 460

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽76042
₽59536
₽79659
₽83990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 936
pensions
-
-
-
9 912
total
-
-
-
79 848
Employee
93 370
-
196 508
-
pensions
9 008
-
11 814
-
income
16 831
-
56 521
-
health
1 539
-
2 647
-
total
27 378
-
70 982
-
Employer
93 370
-
196 508
-
health
1 773
-
3 733
-
pensions
11 024
-
25 256
-
total
12 797
-
28 989
-
Corporate
119 332
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.

22 672
42 846
-
-
total
22 672
42 846
-
-
Dividends
96 660
182 654
-
-
withholding
12 670
40 619
-
-
total
12 670
40 619
-
-
Income
225 500
225 500
225 500
225 500
Total tax
75 517
83 465
99 971
79 848
After tax
149 983
142 035
125 529
145 652
Living cost
65 993
65 993
65 993
65 993
Free-cash
83 990
76 042
59 536
79 659

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽179812
₽178836
₽169445
₽175210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
43 065
Employee
17 201
-
218 710
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
pensions

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

1 510
-
3 039
-
income
1 720
-
21 871
-
health
791
-
1 592
-
total
4 210
-
26 883
-
Employer
17 201
-
218 710
-
health
1 187
-
2 388
-
pensions

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

1 896
-
3 814
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 375
-
6 791
-
Corporate
204 924
225 500
-
-
income
20 493
22 550
-
-
total
20 493
22 550
-
-
Dividends
184 431
202 950
-
-
withholding
9 222
10 148
-
-
total
9 222
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
37 300
32 698
33 674
43 065
After tax
188 200
192 802
191 826
182 435
Living cost
12 990
12 990
12 990
12 990
Free-cash
175 210
179 812
178 836
169 445

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57463
₽89276
₽66008
₽59957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 728
health
-
-
-
12 217
pensions
-
-
-
11 608
total
-
-
-
104 553
Employee
91 856
84 607
207 088
-
pensions
11 608
11 608
11 608
-
income

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

13 849
13 849
39 048
-
health
11 460
11 046
12 217
-
total
36 917
36 503
62 873
-
Employer
91 856
84 607
207 088
-
health
6 383
5 881
7 308
-
pensions
6 393
5 889
7 319
-
unemployment
3 307
3 046
3 785
-
total
16 083
14 816
18 412
-
Corporate
117 561
126 077
-
-
income
23 511
25 215
-
-
total
23 511
25 215
-
-
Dividends
94 049
100 862
-
-
income
19 986
21 434
-
-
withholding
14 107
15 130
-
-
total
34 093
36 564
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 604
113 098
81 285
104 553
After tax
114 896
112 402
144 215
120 947
Living cost
54 939
54 939
54 939
54 939
Free-cash
59 957
57 463
89 276
66 008

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130656
₽98561
₽108417
₽121879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 949
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 690
health
-
-
-
30 443
total
-
-
-
92 482
Employee
36 178
-
179 075
-
solidarity contribution
-
-
1 805
-
social contributions
2 352
-
7 880
-
income
4 341
-
22 053
-
health
4 884
-
24 175
-
total
11 577
-
55 913
-
Employer
36 178
-
179 075
-
health
3 256
-
16 117
-
social contributions
9 045
-
30 308
-
total
12 301
-
46 425
-
Corporate
177 021
225 500
-
-
income
33 634
42 845
-
-
total
33 634
42 845
-
-
Dividends
143 387
182 655
-
-
withholding
21 508
27 398
-
-
total
21 508
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
79 020
70 243
102 338
92 482
After tax
146 480
155 257
123 162
133 018
Living cost
24 601
24 601
24 601
24 601
Free-cash
121 879
130 656
98 561
108 417

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78506
₽58634
₽67033
₽73335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
2 864
municipal
-
-
-
1 408
national
-
-
-
62 801
total
-
-
-
116 660
Employee
88 053
-
225 500
-
municipal
466
-
1 284
-
national
15 257
-
56 170
-
regional
831
-
2 595
-
social contributions
29 691
-
65 010
-
total
46 245
-
125 059
-
Employer
88 053
-
225 500
-
total
-
-
-
-
Corporate
137 447
225 500
-
-
municipal
5 360
8 795
-
-
nationa
32 987
54 120
-
-
total
38 347
62 915
-
-
Dividends
99 099
162 584
-
-
withholding
25 766
42 272
-
-
total
25 766
42 272
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 358
105 187
125 059
116 660
After tax
115 142
120 313
100 441
108 840
Living cost
41 807
41 807
41 807
41 807
Free-cash
73 335
78 506
58 634
67 033

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119975
₽78115
₽84173
₽116891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 335
other
-
-
-
-
surtax
-
-
-
12 069
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
119 464
Employee
32 764
-
197 666
-
other
-
-
-
-
unemployment
2 281
-
9 203
-
pensions
2 185
-
8 820
-
surtax
107
-
10 884
-
income
5 492
-
65 409
-
health
837
-
3 371
-
total
10 902
-
97 687
-
Employer
32 764
-
197 666
-
health
1 491
-
6 017
-
pensions
4 368
-
17 627
-
unemployment
1 038
-
4 191
-
other
-
-
-
-
total
6 897
-
27 835
-
Corporate
185 840
225 500
-
-
income
48 318
58 631
-
-
total
48 318
58 631
-
-
Dividends
137 521
166 869
-
-
withholding
20 629
25 031
-
-
total
20 629
25 031
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 746
83 662
125 522
119 464
After tax
138 754
141 838
99 978
106 036
Living cost
21 863
21 863
21 863
21 863
Free-cash
116 891
119 975
78 115
84 173

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96950
₽80444
₽100567
₽103469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 936
pensions
-
-
-
9 912
total
-
-
-
79 848
Employee
62 574
-
196 508
-
pensions
5 311
-
11 814
-
income
11 270
-
56 521
-
health
908
-
2 647
-
total
17 489
-
70 982
-
Employer
62 574
-
196 508
-
health
1 189
-
3 733
-
pensions
6 774
-
25 256
-
total
7 963
-
28 989
-
Corporate
154 964
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.

29 444
42 846
-
-
total
29 444
42 846
-
-
Dividends
125 520
182 654
-
-
withholding
22 050
40 619
-
-
total
22 050
40 619
-
-
Income
225 500
225 500
225 500
225 500
Total tax
76 946
83 465
99 971
79 848
After tax
148 554
142 035
125 529
145 652
Living cost
45 085
45 085
45 085
45 085
Free-cash
103 469
96 950
80 444
100 567

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24761
₽92375
₽100788
₽58289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 535
health
-
-
-
507
city
-
-
-
2 377
national
-
-
-
5 684
pensions
-
-
-
20 746
total
-
-
-
46 359
Employee
91 693
-
202 855
-
unemployment
-
-
-
-
pensions
7 703
-
15 900
-
national
434
-
4 664
-
regional
3 002
-
11 143
-
city
984
-
2 194
-
health
207
-
457
-
total
12 330
-
34 358
-
Employer
91 693
-
202 855
-
health
207
-
457
-
pensions
7 703
-
15 900
-
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.

1 833
-
4 057
-
total
9 743
-
20 414
-
Corporate
123 055
225 500
-
-
regional
26 026
47 694
-
-
national
10 460
19 168
-
-
total
36 486
66 862
-
-
Dividends
86 568
158 638
-
-
withholding
30 299
55 524
-
-
total
30 299
55 524
-
-
Income
225 500
225 500
225 500
225 500
Total tax
88 858
122 386
54 772
46 359
After tax
136 642
103 114
170 728
179 141
Living cost
78 353
78 353
78 353
78 353
Free-cash
58 289
24 761
92 375
100 788

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65945
₽93843
₽63070
₽82009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 357
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.

-
-
-
4 144
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.

-
-
-
6 769
trade
-
-
-
30 773
total
-
-
-
117 043
Employee

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

59 543
-
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.

385
-
4 144
-
income

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

7 002
-
75 357
-
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.

6 769
-
6 769
-
total
14 156
-
86 270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 957
225 500
-
-
income
24 893
33 824
-
-
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.

1 369
1 859
-
-
chamber of commerce
384
468
-
-
trade
28 462
38 673
-
-
total
55 108
74 824
-
-
Dividends
110 849
150 675
-
-
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.

1 504
2 051
-
-
withholding
27 336
37 293
-
-
total
28 840
39 344
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 104
114 168
86 270
117 043
After tax
127 396
111 332
139 230
108 457
Living cost
45 387
45 387
45 387
45 387
Free-cash
82 009
65 945
93 843
63 070

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79754
₽82500
₽89276
₽85609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 438
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 425
health
-
-
-
11 125
pensions
-
-
-
35 349
total
-
-
-
102 327
Employee
42 403
-
171 889
-
pensions
4 794
-
13 046
-
surtax
-
-
-
-
social contributions
1 209
-
4 898
-
income
2 502
-
37 548
-
total
8 505
-
55 492
-
Employer
42 403
-
171 889
-
health
2 969
-
17 197
-
pensions
6 966
-
21 765
-
unemployment
1 717
-
6 962
-
social contributions
128
-
515
-
other
1 463
-
7 172
-
total
13 243
-
53 611
-
Corporate
169 855
225 500
-
-
income
47 559
63 140
-
-
surtax
-
-
-
-
total
47 559
63 140
-
-
Dividends
122 296
162 360
-
-
surtax
-
-
-
-
social contributions
21 033
27 928
-
-
withholding
15 654
20 781
-
-
total
36 687
48 709
-
-
Income
225 500
225 500
225 500
225 500
Total tax
105 994
111 849
109 103
102 327
After tax
119 506
113 651
116 397
123 173
Living cost
33 897
33 897
33 897
33 897
Free-cash
85 609
79 754
82 500
89 276

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83112
₽85858
₽92634
₽88615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 438
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 425
health
-
-
-
11 125
pensions
-
-
-
35 349
total
-
-
-
102 327
Employee
37 851
-
171 889
-
pensions
4 281
-
13 046
-
surtax
-
-
-
-
social contributions
1 079
-
4 898
-
income
1 952
-
37 548
-
total
7 312
-
55 492
-
Employer
37 851
-
171 889
-
health
2 649
-
17 197
-
pensions
6 220
-
21 765
-
unemployment
1 532
-
6 962
-
social contributions
113
-
515
-
other
1 307
-
7 172
-
total
11 821
-
53 611
-
Corporate
175 829
225 500
-
-
income
49 232
63 140
-
-
surtax
-
-
-
-
total
49 232
63 140
-
-
Dividends
126 597
162 360
-
-
surtax
-
-
-
-
social contributions
21 776
27 928
-
-
withholding
16 205
20 781
-
-
total
37 981
48 709
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 346
111 849
109 103
102 327
After tax
119 154
113 651
116 397
123 173
Living cost
30 539
30 539
30 539
30 539
Free-cash
88 615
83 112
85 858
92 634

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116565
₽117659
₽123807
₽117083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 824
social contributions
-
-
-
31 119
health
-
-
-
15 741
total
-
-
-
80 684
Employee
33 593
-
225 500
-
social contributions
4 636
-
31 119
-
income
5 603
-
39 972
-
health
2 345
-
15 741
-
total
12 584
-
86 832
-
Employer
33 593
-
225 500
-
total
-
-
-
-
Corporate
191 907
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%.

9 594
11 275
-
-
total
9 594
11 275
-
-
Dividends
182 313
214 225
-
-
social contributions
25 158
29 564
-
-
withholding
27 347
32 134
-
-
health
12 725
14 953
-
-
total
65 230
76 651
-
-
Income
225 500
225 500
225 500
225 500
Total tax
87 408
87 926
86 832
80 684
After tax
138 092
137 574
138 668
144 816
Living cost
21 009
21 009
21 009
21 009
Free-cash
117 083
116 565
117 659
123 807

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89368
₽24179
₽80567
₽87839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 580
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
902
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
110 022
Employee
49 514
39 483
186 806
-
other
494
395
1 158
-
unemployment
1 485
1 185
3 473
-
pensions
5 071
4 042
11 853
-
income
5 637
2 912
60 992
-
health
1 916
1 529
4 479
-
total
14 603
10 063
81 955
-
Employer
49 514
39 483
186 806
-
chamber of commerce
197
158
746
-
health
1 871
1 493
4 375
-
pensions
6 214
4 956
14 526
-
accident
643
513
1 504
-
unemployment
1 485
1 185
3 473
-
surtax
196
196
196
-
payroll
1 485
1 185
5 605
-
other
2 352
1 875
8 269
-
total
14 443
11 561
38 694
-
Corporate
161 543
174 457
183 046
-
income

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

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

40 386
43 614
45 761
-
total
40 386
43 614
45 761
-
Dividends
121 157
130 843
-
-
withholding
33 318
35 983
-
-
total
33 318
35 983
-
-
Income
225 500
225 500
225 500
225 500
Total tax
102 750
101 221
166 410
110 022
After tax
122 750
124 279
59 090
115 478
Living cost
34 911
34 911
34 911
34 911
Free-cash
87 839
89 368
24 179
80 567

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87475
₽40424
₽61968
₽75025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
12 048
social contributions
-
-
-
24 701
national
-
-
-
90 658
total
-
-
-
127 407
Employee

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

70 870
-
174 657
-
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.

617
-
1 519
-
communal

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

3 696
-
9 109
-
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.

5 315
-
13 099
-
national
21 788
-
66 174
-
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.

3 330
-
8 209
-
total
34 746
-
98 110
-
Employer

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

70 870
-
174 657
-
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.

4 358
-
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.

6 280
-
15 474
-
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.

921
-
2 271
-
unemployment

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

1 034
-
2 549
-
surtax
8 036
-
19 806
-
total
20 629
-
50 841
-
Corporate
134 001
225 500
-
-
income
26 800
48 474
-
-
surtax
536
970
-
-
total
27 336
49 444
-
-
Dividends
106 665
176 056
-
-
withholding

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

31 639
52 456
-
-
total
31 639
52 456
-
-
Income
225 500
225 500
225 500
225 500
Total tax
114 350
101 900
148 951
127 407
After tax
111 150
123 600
76 549
98 093
Living cost
36 125
36 125
36 125
36 125
Free-cash
75 025
87 475
40 424
61 968

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113915
₽86041
₽90197
₽107126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
71 972
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
99 522
Employee
49 318
-
196 224
-
other
49
-
92
-
unemployment
765
-
1 423
-
pensions
2 318
-
4 317
-
income
10 406
-
68 570
-
total
13 538
-
74 402
-
Employer
49 318
-
196 224
-
pensions
11 638
-
21 673
-
accident
976
-
1 818
-
unemployment
2 713
-
5 050
-
other
393
-
735
-
total
15 720
-
29 276
-
Corporate
160 462
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.

24 070
33 824
-
-
total
24 070
33 824
-
-
Dividends
136 392
191 676
-
-
withholding
29 265
41 980
-
-
total
29 265
41 980
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 593
75 804
103 678
99 522
After tax
142 907
149 696
121 822
125 978
Living cost
35 781
35 781
35 781
35 781
Free-cash
107 126
113 915
86 041
90 197

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73630
₽60927
₽51939
₽60008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 901
income
-
-
-
42 743
surtax
-
-
-
11 179
health
-
-
-
15 844
pensions
-
-
-
33 800
total
-
-
-
119 719
Employee
75 030
-
201 428
-
pensions
6 001
-
16 115
-
surtax
4 599
-
12 345
-
income
7 247
-
49 235
-
health
3 339
-
8 965
-
total
21 186
-
86 660
-
Employer
75 030
-
201 428
-
health
2 288
-
6 144
-
pensions
6 001
-
16 115
-
accident
675
-
1 812
-
total
8 964
-
24 071
-
Corporate
141 506
225 500
-
-
communal
9 551
15 222
-
-
income
21 225
33 824
-
-
surtax
1 485
2 367
-
-
total
32 261
51 413
-
-
Dividends
109 244
174 087
-
-
income
32 852
20 501
-
-
withholding
16 387
26 114
-
-
total
49 239
46 615
-
-
Income
225 500
225 500
225 500
225 500
Total tax
111 650
98 028
110 731
119 719
After tax
113 850
127 472
114 769
105 781
Living cost
53 842
53 842
53 842
53 842
Free-cash
60 008
73 630
60 927
51 939

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119584
₽77724
₽83782
₽116437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 335
other
-
-
-
-
surtax
-
-
-
12 069
unemployment
-
-
-
226
health
-
-
-
9 388
pensions
-
-
-
26 446
total
-
-
-
119 464
Employee
33 365
-
197 666
-
other
-
-
-
-
unemployment
2 322
-
9 203
-
pensions
2 226
-
8 820
-
surtax
118
-
10 884
-
income
5 593
-
65 409
-
health
852
-
3 371
-
total
11 111
-
97 687
-
Employer
33 365
-
197 666
-
health
1 517
-
6 017
-
pensions
4 448
-
17 627
-
unemployment
1 059
-
4 191
-
other
-
-
-
-
total
7 024
-
27 835
-
Corporate
185 110
225 500
-
-
income
48 128
58 631
-
-
total
48 128
58 631
-
-
Dividends
136 982
166 869
-
-
withholding
20 546
25 031
-
-
total
20 546
25 031
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 809
83 662
125 522
119 464
After tax
138 691
141 838
99 978
106 036
Living cost
22 254
22 254
22 254
22 254
Free-cash
116 437
119 584
77 724
83 782

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91837
₽73090
₽81444
₽89640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
3 571
municipal
-
-
-
1 408
national
-
-
-
62 801
total
-
-
-
117 367
Employee
54 959
-
225 500
-
municipal
291
-
1 284
-
national
8 707
-
56 170
-
regional
740
-
3 257
-
social contributions
18 533
-
65 010
-
total
28 271
-
125 721
-
Employer
54 959
-
225 500
-
total
-
-
-
-
Corporate
170 541
225 500
-
-
municipal
8 476
11 208
-
-
nationa
40 929
54 120
-
-
total
49 405
65 328
-
-
Dividends
121 136
160 172
-
-
withholding
31 495
41 646
-
-
total
31 495
41 646
-
-
Income
225 500
225 500
225 500
225 500
Total tax
109 171
106 974
125 721
117 367
After tax
116 329
118 526
99 779
108 133
Living cost
26 689
26 689
26 689
26 689
Free-cash
89 640
91 837
73 090
81 444

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124942
₽92847
₽102703
₽114127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 949
social contributions
-
-
-
35 400
solidarity contribution
-
-
-
2 690
health
-
-
-
30 443
total
-
-
-
92 482
Employee
44 581
-
179 075
-
solidarity contribution
-
-
1 805
-
social contributions
2 898
-
7 880
-
income
5 350
-
22 053
-
health
6 018
-
24 175
-
total
14 266
-
55 913
-
Employer
44 581
-
179 075
-
health
4 012
-
16 117
-
social contributions
11 145
-
30 308
-
total
15 157
-
46 425
-
Corporate
165 761
225 500
-
-
income
31 495
42 845
-
-
total
31 495
42 845
-
-
Dividends
134 267
182 655
-
-
withholding
20 140
27 398
-
-
total
20 140
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
81 058
70 243
102 338
92 482
After tax
144 442
155 257
123 162
133 018
Living cost
30 315
30 315
30 315
30 315
Free-cash
114 127
124 942
92 847
102 703

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92778
₽27531
₽84065
₽92290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 580
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
902
health
-
-
-
8 854
pensions
-
-
-
21 413
total
-
-
-
109 826
Employee
43 309
39 483
186 987
-
other
432
395
1 158
-
unemployment
1 299
1 185
3 473
-
pensions
4 435
4 042
11 853
-
income
3 858
2 912
61 079
-
health
1 675
1 529
4 479
-
total
11 699
10 063
82 042
-
Employer
43 309
39 483
186 987
-
chamber of commerce
173
158
748
-
health
1 638
1 493
4 375
-
pensions
5 436
4 956
14 526
-
accident
562
513
1 504
-
unemployment
1 299
1 185
3 473
-
surtax
-
-
-
-
payroll
1 299
1 185
5 610
-
other
2 057
1 875
8 276
-
total
12 464
11 365
38 512
-
Corporate
169 727
174 653
183 226
-
income

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

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

42 431
43 663
45 806
-
total
42 431
43 663
45 806
-
Dividends
127 296
130 990
-
-
withholding
35 007
36 022
-
-
total
35 007
36 022
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 601
101 113
166 360
109 826
After tax
123 899
124 387
59 140
115 674
Living cost
31 609
31 609
31 609
31 609
Free-cash
92 290
92 778
27 531
84 065

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201593
₽167768
₽210613
₽199225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 791
-
225 500
-
income
3 158
-
45 100
-
total
3 158
-
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%.

209 709
225 500
-
-
total
-
-
-
-
Dividends
209 709
225 500
-
-
withholding
10 485
11 275
-
-
total
10 485
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
13 643
11 275
45 100
2 255
After tax
211 857
214 225
180 400
223 245
Living cost
12 632
12 632
12 632
12 632
Free-cash
199 225
201 593
167 768
210 613

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128683
₽72946
₽77843
₽120397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 374
unemployment
-
-
-
338
health
-
-
-
22 190
pensions
-
-
-
41 181
total
-
-
-
121 083
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.

43 812
-
195 120
-
unemployment
62
-
273
-
pensions
6 791
-
30 244
-
income
7 555
-
52 478
-
health
2 830
-
12 605
-
total
17 238
-
95 600
-
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.

43 812
-
195 120
-
health
2 918
-
12 996
-
pensions
3 877
-
17 267
-
unemployment
26
-
117
-
total
6 821
-
30 380
-
Corporate
174 867
225 500
-
-
income
33 224
42 845
-
-
total
33 224
42 845
-
-
Dividends
141 643
182 655
-
-
withholding
21 246
27 398
-
-
total
21 246
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 529
70 243
125 980
121 083
After tax
146 971
155 257
99 520
104 417
Living cost
26 574
26 574
26 574
26 574
Free-cash
120 397
128 683
72 946
77 843

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93802
₽168878
₽112447
₽45968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 954
social contributions
-
-
-
25 707
total
-
-
-
69 661
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
75 554
225 500
-
-
income
16 622
49 610
-
-
total
16 622
49 610
-
-
Dividends
58 933
175 890
-
-
income
12 965
38 696
-
-
total
12 965
38 696
-
-
Income
225 500
225 500
225 500
225 500
Total tax
136 140
88 306
13 230
69 661
After tax
89 360
137 194
212 270
155 839
Living cost
43 392
43 392
43 392
43 392
Free-cash
45 968
93 802
168 878
112 447

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97186
₽68711
₽86418
₽96190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 644
surtax
-
-
-
-
social contributions

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

-
-
-
78 361
total
-
-
-
108 005
Employee
45 567
-
182 222
-
surtax
-
-
293
-
social contributions
5 013
-
20 044
-
income
9 478
-
62 097
-
total
14 491
-
82 434
-
Employer
45 567
-
182 222
-
social contributions
10 822
-
43 278
-
total
10 822
-
43 278
-
Corporate
169 110
225 500
-
-
income
35 512
47 356
-
-
surtax
-
-
-
-
total
35 512
47 356
-
-
Dividends
133 598
178 144
-
-
withholding
37 408
49 881
-
-
total
37 408
49 881
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 233
97 237
125 712
108 005
After tax
127 267
128 263
99 788
117 495
Living cost
31 077
31 077
31 077
31 077
Free-cash
96 190
97 186
68 711
86 418

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65798
₽68544
₽75320
₽72606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 438
other
-
-
-
6 990
surtax
-
-
-
-
social contributions
-
-
-
6 425
health
-
-
-
11 125
pensions
-
-
-
35 349
total
-
-
-
102 327
Employee
62 053
-
171 889
-
pensions
7 019
-
13 046
-
surtax
-
-
-
-
social contributions
1 767
-
4 898
-
income
5 414
-
37 548
-
total
14 200
-
55 492
-
Employer
62 053
-
171 889
-
health
4 343
-
17 197
-
pensions
10 196
-
21 765
-
unemployment
2 514
-
6 962
-
social contributions
186
-
515
-
other
2 142
-
7 172
-
total
19 381
-
53 611
-
Corporate
144 066
225 500
-
-
income
40 339
63 140
-
-
surtax
-
-
-
-
total
40 339
63 140
-
-
Dividends
103 727
162 360
-
-
surtax
-
-
-
-
social contributions
17 843
27 928
-
-
withholding
13 278
20 781
-
-
total
31 121
48 709
-
-
Income
225 500
225 500
225 500
225 500
Total tax
105 041
111 849
109 103
102 327
After tax
120 459
113 651
116 397
123 173
Living cost
47 853
47 853
47 853
47 853
Free-cash
72 606
65 798
68 544
75 320

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173167
₽140530
₽134536
₽169840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 572
social contributions
-
-
-
49 610
total
-
-
-
61 182
Employee
31 852
-
195 237
-
income
-
-
12 238
-
social contributions
2 070
-
12 689
-
total
2 070
-
24 927
-
Employer
31 852
-
195 237
-
social contributions
4 937
-
30 261
-
total
4 937
-
30 261
-
Corporate
188 711
225 500
-
-
income
18 871
22 551
-
-
total
18 871
22 551
-
-
Dividends
169 840
202 949
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
25 878
22 551
55 188
61 182
After tax
199 622
202 949
170 312
164 318
Living cost
29 782
29 782
29 782
29 782
Free-cash
169 840
173 167
140 530
134 536

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9722
₽9722
₽82350
₽5536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 971
municipal
-
-
-
48 489
national
-
-
-
28 136
pensions
-
-
-
858
total
-
-
-
95 454
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
9 722
-
-
-
income
2 139
-
-
-
total
2 139
-
-
-
Dividends
7 583
-
-
-
withholding
2 047
-
-
-
total
2 047
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
172 268
168 082
168 082
95 454
After tax
53 232
57 418
57 418
130 046
Living cost
47 696
47 696
47 696
47 696
Free-cash
5 536
9 722
9 722
82 350

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3468
₽102470
₽132243
₽14931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
64 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
71 524
Employee
34 188
-
205 967
-
pensions
3 850
-
7 650
-
income
4 690
-
50 530
-
health
3 915
-
23 584
-
total
12 455
-
81 764
-
Employer
34 188
-
205 967
-
pensions
5 559
-
11 047
-
accident
571
-
3 440
-
unemployment
838
-
5 046
-
total
6 968
-
19 533
-
Corporate
184 344
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.

165 910
202 950
-
-
total
165 910
202 950
-
-
Dividends
18 435
22 550
-
-
withholding
3 503
4 285
-
-
total
3 503
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
188 836
207 235
101 297
71 524
After tax
36 664
18 265
124 203
153 976
Living cost
21 733
21 733
21 733
21 733
Free-cash
14 931
-3 468
102 470
132 243

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100099
₽74168
₽100000
₽103160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 059
municipal
-
-
-
40 040
national
-
-
-
44 363
total
-
-
-
87 462
Employee
52 126
-
189 702
-
municipal
8 538
-
30 878
-
unemployment
782
-
2 845
-
pensions
3 518
-
12 806
-
national
861
-
28 459
-
health
389
-
2 508
-
total
14 088
-
77 496
-
Employer
52 126
-
189 702
-
health
400
-
1 461
-
pensions
9 044
-
32 914
-
accident
53
-
190
-
unemployment
338
-
1 233
-
total
9 835
-
35 798
-
Corporate
163 539
225 500
-
-
income
32 707
45 099
-
-
total
32 707
45 099
-
-
Dividends

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

98 124
135 300
-
-
municipal
17 662
24 354
-
-
national
10 010
17 910
-
-
total
27 672
42 264
-
-
Income
225 500
225 500
225 500
225 500
Total tax
84 302
87 363
113 294
87 462
After tax
141 198
138 137
112 206
138 038
Living cost
38 038
38 038
38 038
38 038
Free-cash
103 160
100 099
74 168
100 000

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
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.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141400
₽126793
₽128639
₽136009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 142
social contributions
-
-
-
16 030
health
-
-
-
5 750
total
-
-
-
73 922
Employee
76 185
76 185
213 031
-
social contributions
2 880
6 323
8 528
-
income
8 295
7 052
51 150
-
health
590
1 295
3 621
-
total
11 765
14 670
63 299
-
Employer
76 185
76 185
213 031
-
health
641
1 410
3 941
-
social contributions
2 880
6 323
8 528
-
total
3 521
7 733
12 469
-
Corporate
187 274
141 582
-
-
income
23 410
17 698
-
-
total
23 410
17 698
-
-
Dividends
163 864
123 884
-
-
withholding
27 856
21 060
-
-
total
27 856
21 060
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 552
61 161
75 768
73 922
After tax
158 948
164 339
149 732
151 578
Living cost
22 939
22 939
22 939
22 939
Free-cash
136 009
141 400
126 793
128 639

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171007
₽156618
₽176490
₽165965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 365
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
33 280
Employee

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

22 741
-
215 817
-
unemployment
113
-
470
-
pensions
3 411
-
14 101
-
income
1 555
-
20 908
-
health
1 933
-
7 991
-
total
7 012
-
43 470
-
Employer

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

22 741
-
215 817
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
200 418
225 500
-
-
income
18 038
20 294
-
-
total
18 038
20 294
-
-
Dividends
182 380
205 206
-
-
withholding
16 414
18 469
-
-
total
16 414
18 469
-
-
Income
225 500
225 500
225 500
225 500
Total tax
43 805
38 763
53 152
33 280
After tax
181 695
186 737
172 348
192 220
Living cost
15 730
15 730
15 730
15 730
Free-cash
165 965
171 007
156 618
176 490

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122451
₽94577
₽98733
₽118074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
71 972
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
99 522
Employee
36 634
-
196 224
-
other
36
-
92
-
unemployment
568
-
1 423
-
pensions
1 722
-
4 317
-
income
7 063
-
68 570
-
total
9 389
-
74 402
-
Employer
36 634
-
196 224
-
pensions
8 645
-
21 673
-
accident
726
-
1 818
-
unemployment
2 016
-
5 050
-
other
293
-
735
-
total
11 680
-
29 276
-
Corporate
177 186
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.

26 578
33 824
-
-
total
26 578
33 824
-
-
Dividends
150 608
191 676
-
-
withholding
32 534
41 980
-
-
total
32 534
41 980
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 181
75 804
103 678
99 522
After tax
145 319
149 696
121 822
125 978
Living cost
27 245
27 245
27 245
27 245
Free-cash
118 074
122 451
94 577
98 733

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138769
₽143353
₽143491
₽138450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 622
health
-
-
-
1 027
pensions
-
-
-
1 417
total
-
-
-
80 066
Employee
2 959
-
223 906
-
unemployment
30
-
71
-
pensions
266
-
638
-
income
572
-
77 547
-
health
148
-
354
-
total
1 016
-
78 610
-
Employer
2 959
-
223 906
-
health
281
-
673
-
pensions
325
-
779
-
unemployment
59
-
142
-
total
665
-
1 594
-
Corporate
221 876
225 500
-
-
income
48 813
49 610
-
-
total
48 813
49 610
-
-
Dividends
173 063
175 890
-
-
withholding
34 613
35 178
-
-
total
34 613
35 178
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 107
84 788
80 204
80 066
After tax
140 393
140 712
145 296
145 434
Living cost
1 943
1 943
1 943
1 943
Free-cash
138 450
138 769
143 353
143 491

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145784
₽128440
₽128438
₽140908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 235
unemployment
-
-
-
1 099
health
-
-
-
7 544
pensions
-
-
-
19 044
total
-
-
-
79 922
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.

25 846
-
212 389
-
unemployment
194
-
549
-
pensions
3 618
-
10 254
-
income
3 563
-
52 235
-
health
1 331
-
3 772
-
total
8 706
-
66 810
-
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.

25 846
-
212 389
-
health
1 331
-
3 772
-
pensions
3 101
-
8 789
-
unemployment
194
-
549
-
total
4 626
-
13 110
-
Corporate
195 028
225 500
-
-
income
29 254
33 825
-
-
total
29 254
33 825
-
-
Dividends
165 774
191 675
-
-
withholding
24 866
28 751
-
-
total
24 866
28 751
-
-
Income
225 500
225 500
225 500
225 500
Total tax
67 452
62 576
79 920
79 922
After tax
158 048
162 924
145 580
145 578
Living cost
17 140
17 140
17 140
17 140
Free-cash
140 908
145 784
128 440
128 438

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101553
₽73078
₽90785
₽101197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 644
surtax
-
-
-
-
social contributions

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

-
-
-
78 361
total
-
-
-
108 005
Employee
38 454
-
182 222
-
surtax
-
-
293
-
social contributions
4 230
-
20 044
-
income
7 514
-
62 097
-
total
11 744
-
82 434
-
Employer
38 454
-
182 222
-
social contributions
9 132
-
43 278
-
total
9 132
-
43 278
-
Corporate
177 914
225 500
-
-
income
37 363
47 356
-
-
surtax
-
-
-
-
total
37 363
47 356
-
-
Dividends
140 552
178 144
-
-
withholding
39 354
49 881
-
-
total
39 354
49 881
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 593
97 237
125 712
108 005
After tax
127 907
128 263
99 788
117 495
Living cost
26 710
26 710
26 710
26 710
Free-cash
101 197
101 553
73 078
90 785

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114876
₽87002
₽91158
₽108391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
827
income
-
-
-
71 972
other
-
-
-
92
unemployment
-
-
-
643
pensions
-
-
-
25 988
total
-
-
-
99 522
Employee
47 849
-
196 224
-
other
47
-
92
-
unemployment
741
-
1 423
-
pensions
2 249
-
4 317
-
income
9 994
-
68 570
-
total
13 031
-
74 402
-
Employer
47 849
-
196 224
-
pensions
11 292
-
21 673
-
accident
948
-
1 818
-
unemployment
2 632
-
5 050
-
other
384
-
735
-
total
15 256
-
29 276
-
Corporate
162 395
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.

24 359
33 824
-
-
total
24 359
33 824
-
-
Dividends
138 036
191 676
-
-
withholding
29 643
41 980
-
-
total
29 643
41 980
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 289
75 804
103 678
99 522
After tax
143 211
149 696
121 822
125 978
Living cost
34 820
34 820
34 820
34 820
Free-cash
108 391
114 876
87 002
91 158

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175758
₽174782
₽165391
₽169721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 980
pensions

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

-
-
-
5 122
total
-
-
-
43 065
Employee
22 568
-
218 710
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
pensions

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

1 981
-
3 039
-
income
2 257
-
21 871
-
health
1 038
-
1 592
-
total
5 524
-
26 883
-
Employer
22 568
-
218 710
-
health
1 557
-
2 388
-
pensions

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

2 487
-
3 814
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 428
-
6 791
-
Corporate
198 504
225 500
-
-
income
19 850
22 550
-
-
total
19 850
22 550
-
-
Dividends
178 653
202 950
-
-
withholding
8 933
10 148
-
-
total
8 933
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
38 735
32 698
33 674
43 065
After tax
186 765
192 802
191 826
182 435
Living cost
17 044
17 044
17 044
17 044
Free-cash
169 721
175 758
174 782
165 391

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77721
₽100979
₽75230
₽90680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
75 357
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.

-
-
-
4 144
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.

-
-
-
6 769
trade
-
-
-
25 749
total
-
-
-
112 019
Employee

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

49 297
-
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
-
4 144
-
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.

4 054
-
75 357
-
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.

6 769
-
6 769
-
total
11 047
-
86 270
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 203
225 500
-
-
income
26 431
33 824
-
-
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.

1 453
1 859
-
-
chamber of commerce
408
481
-
-
trade
25 284
32 359
-
-
total
53 576
68 523
-
-
Dividends
122 626
156 976
-
-
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.

1 666
2 138
-
-
withholding
30 280
38 867
-
-
total
31 946
41 005
-
-
Income
225 500
225 500
225 500
225 500
Total tax
96 569
109 528
86 270
112 019
After tax
128 931
115 972
139 230
113 481
Living cost
38 251
38 251
38 251
38 251
Free-cash
90 680
77 721
100 979
75 230

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101412
₽56436
₽56436
₽103599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 824
social contributions
-
-
-
38 802
total
-
-
-
112 626
Employee
77 500
-
225 500
-
income
14 624
-
73 824
-
social contributions
6 439
-
38 802
-
total
21 063
-
112 626
-
Employer
77 500
-
225 500
-
total
-
-
-
-
Corporate
148 000
225 500
-
-
income
18 501
28 187
-
-
total
18 501
28 187
-
-
Dividends
129 499
197 313
-
-
withholding
25 899
39 463
-
-
total
25 899
39 463
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 463
67 650
112 626
112 626
After tax
160 037
157 850
112 874
112 874
Living cost
56 438
56 438
56 438
56 438
Free-cash
103 599
101 412
56 436
56 436

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105376
₽121258
₽149681
₽108838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 824
health

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

-
-
-
6 030
total
-
-
-
39 854
Employee
45 450
-
220 942
-
income
4 932
-
59 161
-
social contributions
4 554
-
4 558
-
total
9 486
-
63 719
-
Employer
45 450
-
220 942
-
social contributions
4 554
-
4 558
-
total
4 554
-
4 558
-
Corporate
175 496
225 500
-
-
income
61 423
78 925
-
-
total
61 423
78 925
-
-
Dividends
114 073
146 575
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 697
84 159
68 277
39 854
After tax
144 803
141 341
157 223
185 646
Living cost
35 965
35 965
35 965
35 965
Free-cash
108 838
105 376
121 258
149 681

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105383
₽88877
₽109000
₽111227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 936
pensions
-
-
-
9 912
total
-
-
-
79 848
Employee
50 310
-
196 508
-
pensions
3 840
-
11 814
-
income
9 162
-
56 521
-
health
656
-
2 647
-
total
13 658
-
70 982
-
Employer
50 310
-
196 508
-
health
956
-
3 733
-
pensions
5 083
-
25 256
-
total
6 039
-
28 989
-
Corporate
169 150
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.

32 139
42 846
-
-
total
32 139
42 846
-
-
Dividends
137 012
182 654
-
-
withholding
25 785
40 619
-
-
total
25 785
40 619
-
-
Income
225 500
225 500
225 500
225 500
Total tax
77 621
83 465
99 971
79 848
After tax
147 879
142 035
125 529
145 652
Living cost
36 652
36 652
36 652
36 652
Free-cash
111 227
105 383
88 877
109 000

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5620
₽100318
₽130091
₽14602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
64 540
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
71 524
Employee
37 572
-
205 967
-
pensions
4 231
-
7 650
-
income
5 155
-
50 530
-
health
4 302
-
23 584
-
total
13 688
-
81 764
-
Employer
37 572
-
205 967
-
pensions
6 109
-
11 047
-
accident
627
-
3 440
-
unemployment
920
-
5 046
-
total
7 656
-
19 533
-
Corporate
180 271
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.

162 244
202 950
-
-
total
162 244
202 950
-
-
Dividends
18 027
22 550
-
-
withholding
3 425
4 285
-
-
total
3 425
4 285
-
-
Income
225 500
225 500
225 500
225 500
Total tax
187 013
207 235
101 297
71 524
After tax
38 487
18 265
124 203
153 976
Living cost
23 885
23 885
23 885
23 885
Free-cash
14 602
-5 620
100 318
130 091

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159123
₽152378
₽130591
₽156125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 950
unemployment
-
-
-
1 901
work injury
-
-
-
792
health insurance
-
-
-
11 726
pensions
-
-
-
29 156
total
-
-
-
81 525
Employee

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

21 414
-
225 500
-
health insurance
1 585
-
5 863
-
unemployment
257
-
951
-
work injury
107
-
396
-
pensions
3 940
-
14 578
-
income
2 141
-
37 950
-
total
8 030
-
59 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 086
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%.

20 409
22 550
-
-
total
20 409
22 550
-
-
Dividends
183 678
202 950
-
-
withholding
27 552
30 443
-
-
total
27 552
30 443
-
-
Income
225 500
225 500
225 500
225 500
Total tax
55 991
52 993
59 738
81 525
After tax
169 509
172 507
165 762
143 975
Living cost
13 384
13 384
13 384
13 384
Free-cash
156 125
159 123
152 378
130 591

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79309
₽58393
₽66532
₽74800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 587
regional
-
-
-
5 527
municipal
-
-
-
1 583
national
-
-
-
62 801
total
-
-
-
119 498
Employee
83 488
-
225 500
-
municipal
498
-
1 444
-
national
14 109
-
56 170
-
regional
1 260
-
5 013
-
social contributions
28 152
-
65 010
-
total
44 019
-
127 637
-
Employer
83 488
-
225 500
-
total
-
-
-
-
Corporate
142 012
225 500
-
-
municipal
6 846
10 869
-
-
nationa
34 084
54 120
-
-
total
40 930
64 989
-
-
Dividends
101 083
160 510
-
-
withholding
26 281
41 732
-
-
total
26 281
41 732
-
-
Income
225 500
225 500
225 500
225 500
Total tax
111 230
106 721
127 637
119 498
After tax
114 270
118 779
97 863
106 002
Living cost
39 470
39 470
39 470
39 470
Free-cash
74 800
79 309
58 393
66 532

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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