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
₽81529
₽85507
₽95777
₽110245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
28 716
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.

-
-
-
4 212
income

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

-
-
-
76 573
total
-
-
-
115 845
Employee

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

35 517
-
225 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 344
-
6 344
-
surtax

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

55
-
4 212
-
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.

992
-
76 573
-
total
7 391
-
87 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 983
225 500
-
-
trade
29 922
35 516
-
-
chamber of commerce
414
465
-
-
surtax

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

1 567
1 861
-
-
income
28 498
33 825
-
-
total
60 401
71 667
-
-
Dividends
129 584
153 833
-
-
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.

1 762
2 095
-
-
withholding
32 043
38 105
-
-
total
33 805
40 200
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 597
111 867
87 129
115 845
After tax
123 903
113 633
138 371
109 655
Living cost
28 126
28 126
28 126
28 126
Free-cash
95 777
85 507
110 245
81 529

Estimated living cost  is ₽28126 per week

₽17692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79131
₽92089
₽91280
₽80341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 104
social contributions
-
-
-
2 424
national
-
-
-
43 158
pensions
-
-
-
27 060
total
-
-
-
97 746
Employee
75 375
-
194 943
-
pensions
3 015
-
7 798
-
national
14 427
-
45 070
-
municipal
9 310
-
25 977
-
total
26 752
-
78 845
-
Employer
75 375
-
194 943
-
pensions
6 030
-
15 595
-
social contributions
810
-
2 096
-
total
6 840
-
17 691
-
Corporate
138 311
225 500
-
-
income

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

27 662
45 100
-
-
total
27 662
45 100
-
-
Dividends
110 648
180 400
-
-
withholding
24 343
39 688
-
-
total
24 343
39 688
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 597
84 788
96 536
97 746
After tax
139 903
140 712
128 964
127 754
Living cost
48 623
48 623
48 623
48 623
Free-cash
91 280
92 089
80 341
79 131

Estimated living cost  is ₽48623 per week

₽33048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63819
₽161081
₽153465
₽79596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
35 578
income
-
-
-
49 282
microenterprise
-
-
-
-
surtax
-
-
-
57 503
total
-
-
-
142 363
Employee
27 134
-
179 136
-
surtax
-
-
25 974
-
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.

2 985
-
12 173
-
income
4 830
-
42 073
-
total
7 815
-
80 220
-
Employer
27 134
-
179 136
-
surtax
-
-
19 705
-
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.

6 536
-
26 660
-
total
6 536
-
46 365
-
Corporate
191 830
225 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 366
45 101
-
-
total
38 366
45 101
-
-
Dividends

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

153 465
180 399
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
52 717
45 101
126 585
142 363
After tax
172 783
180 399
98 915
83 137
Living cost
19 318
19 318
19 318
19 318
Free-cash
153 465
161 081
79 596
63 819

Estimated living cost  is ₽19318 per week

₽12325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81284
₽73666
₽67976
₽105288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
82 985
total
-
-
-
105 316
Employee
79 297
79 297
208 243
-
health
12 171
10 353
11 451
-
pensions
14 274
10 880
10 880
-
income

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

12 980
12 980
41 724
-
total
39 425
34 213
64 055
-
Employer
79 297
79 297
208 243
-
health
5 512
5 512
6 850
-
pensions
5 519
5 519
6 860
-
unemployment
2 855
2 855
3 547
-
total
13 886
13 886
17 257
-
Corporate
133 290
132 317
-
-
income
26 658
26 464
-
-
total
26 658
26 464
-
-
Dividends
106 632
105 853
-
-
income
22 660
22 494
-
-
withholding
15 995
15 877
-
-
total
38 655
38 371
-
-
Income
225 500
225 500
225 500
225 500
Total tax
118 624
112 934
81 312
105 316
After tax
106 876
112 566
144 188
120 184
Living cost
38 900
38 900
38 900
38 900
Free-cash
67 976
73 666
105 288
81 284

Estimated living cost  is ₽38900 per week

₽27567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
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.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73915
₽84688
₽83825
₽72981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 256
accident
-
-
-
168
other
-
-
-
9 788
municipal
-
-
-
59 967
pensions
-
-
-
9 106
national
-
-
-
28 781
unemployment
-
-
-
84
total
-
-
-
113 150
Employee
54 766
-
199 033
-
national
-
-
28 265
-
municipal
16 331
-
59 352
-
total
16 331
-
87 617
-
Employer
54 766
-
199 033
-
health
3 368
-
5 181
-
accident
110
-
168
-
pensions
5 920
-
9 106
-
other
6 364
-
9 788
-
unemployment
1 446
-
2 224
-
total
17 208
-
26 467
-
Corporate
153 526
225 500
-
-
income
33 776
49 610
-
-
total
33 776
49 610
-
-
Dividends
119 750
175 890
-
-
withholding
35 925
52 767
-
-
total
35 925
52 767
-
-
Income
225 500
225 500
225 500
225 500
Total tax
103 240
102 377
114 084
113 150
After tax
122 260
123 123
111 416
112 350
Living cost
38 435
38 435
38 435
38 435
Free-cash
83 825
84 688
72 981
73 915

Estimated living cost  is ₽38435 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71900
₽75992
₽89039
₽101892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
29 992
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.

-
-
-
4 212
income

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

-
-
-
76 573
total
-
-
-
117 121
Employee

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

47 090
-
225 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 344
-
6 344
-
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.

222
-
4 212
-
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.

4 046
-
76 573
-
total
10 612
-
87 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 410
225 500
-
-
trade
29 349
37 095
-
-
chamber of commerce
395
462
-
-
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.

1 471
1 861
-
-
income
26 762
33 825
-
-
total
57 977
73 243
-
-
Dividends
120 433
152 257
-
-
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.

1 637
2 074
-
-
withholding
29 756
37 712
-
-
total
31 393
39 786
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 982
113 029
87 129
117 121
After tax
125 518
112 471
138 371
108 379
Living cost
36 479
36 479
36 479
36 479
Free-cash
89 039
75 992
101 892
71 900

Estimated living cost  is ₽36479 per week

₽24397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽120909
₽134183
₽130332
₽119094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 750
social contributions
-
-
-
15 024
income
-
-
-
53 698
total
-
-
-
74 472
Employee
71 404
71 404
213 556
-
health
710
1 214
3 630
-
social contributions
3 470
5 926
7 993
-
income
7 498
6 610
52 720
-
total
11 678
13 750
64 343
-
Employer
71 404
71 404
213 556
-
health
774
1 322
3 951
-
social contributions
3 470
5 926
7 993
-
total
4 244
7 248
11 944
-
Corporate
179 460
146 849
-
-
income
22 432
18 356
-
-
total
22 432
18 356
-
-
Dividends
157 028
128 492
-
-
withholding
26 695
21 844
-
-
total
26 695
21 844
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 049
61 198
76 287
74 472
After tax
160 451
164 302
149 213
151 028
Living cost
30 119
30 119
30 119
30 119
Free-cash
130 332
134 183
119 094
120 909

Estimated living cost  is ₽30119 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139360
₽109689
₽110041
₽113869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 785
pensions
-
-
-
22 550
unemployment
-
-
-
3 383
income
-
-
-
27 567
total
-
-
-
69 285
Employee

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
188 703
-
health
1 703
678
13 209
-
pensions
2 433
968
18 870
-
unemployment
365
145
2 831
-
income
2 974
1 184
23 069
-
total
7 475
2 975
57 979
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 330
9 683
188 703
-
pensions
4 744
1 888
36 797
-
total
4 744
1 888
36 797
-
Corporate
196 426
213 929
-
-
income
17 678
19 254
-
-
total
17 678
19 254
-
-
Dividends
178 747
194 675
-
-
social contributions
34 745
37 851
-
-
withholding
33 962
36 988
-
-
total
68 707
74 839
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 604
98 956
94 776
69 285
After tax
126 896
126 544
130 724
156 215
Living cost
16 855
16 855
16 855
16 855
Free-cash
110 041
109 689
113 869
139 360

Estimated living cost  is ₽16855 per week

₽11502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98437
₽157970
₽152203
₽107545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 315
pensions
-
-
-
45 101
income
-
-
-
30 218
total
-
-
-
104 634
Employee
26 342
-
168 535
-
pensions
527
-
3 371
-
unemployment
421
-
2 696
-
income
2 966
-
32 494
-
total
3 914
-
38 561
-
Employer
26 342
-
168 535
-
health
3 424
-
21 909
-
pensions
5 269
-
33 708
-
unemployment
211
-
1 348
-
total
8 904
-
56 965
-
Corporate
190 253
225 500
-
-
income
38 050
45 101
-
-
total
38 050
45 101
-
-
Dividends
152 203
180 399
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
50 868
45 101
95 526
104 634
After tax
174 632
180 399
129 974
120 866
Living cost
22 429
22 429
22 429
22 429
Free-cash
152 203
157 970
107 545
98 437

Estimated living cost  is ₽22429 per week

₽15384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽133464
-₽2200
₽15127
₽104187
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
65 090
total
-
-
-
71 570
Employee
32 195
-
206 733
-
health
3 686
-
23 671
-
pensions
3 625
-
7 097
-
income
4 417
-
51 312
-
total
11 728
-
82 080
-
Employer
32 195
-
206 733
-
accident
537
-
3 453
-
pensions
5 235
-
10 249
-
unemployment
789
-
5 065
-
total
6 561
-
18 767
-
Corporate
186 744
225 500
-
-
income

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

168 070
202 950
-
-
total
168 070
202 950
-
-
Dividends
18 674
22 550
-
-
withholding
3 548
4 284
-
-
total
3 548
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
189 907
207 234
100 847
71 570
After tax
35 593
18 266
124 653
153 930
Living cost
20 466
20 466
20 466
20 466
Free-cash
15 127
-2 200
104 187
133 464

Estimated living cost  is ₽20466 per week

₽15000
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.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽215587
₽206567
₽205132
₽172742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
225 500
microenterprise

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

-
-
-
2 255
total
-
-
-
2 255
Employee
9 572
-
225 500
-
income
1 914
-
45 100
-
total
1 914
-
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%.

215 928
225 500
-
-
total
-
-
-
-
Dividends
215 928
225 500
-
-
withholding
10 796
11 275
-
-
total
10 796
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
12 710
11 275
45 100
2 255
After tax
212 790
214 225
180 400
223 245
Living cost
7 658
7 658
7 658
7 658
Free-cash
205 132
206 567
172 742
215 587

Estimated living cost  is ₽7658 per week

₽4746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113204
₽140931
₽134659
₽111382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 213
other
-
-
-
6 707
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.

-
-
-
33 890
income
-
-
-
40 743
total
-
-
-
87 553
Employee
33 716
-
189 531
-
health
472
-
1 977
-
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.

2 360
-
9 884
-
unemployment
337
-
1 411
-
income
5 805
-
40 135
-
total
8 974
-
53 407
-
Employer
33 716
-
189 531
-
health
472
-
1 977
-
accident
270
-
1 515
-
pensions

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

5 732
-
24 006
-
other
1 686
-
7 059
-
unemployment
337
-
1 411
-
total
8 497
-
35 968
-
Corporate
183 287
225 500
-
-
income
38 491
47 355
-
-
total
38 491
47 355
-
-
Dividends
144 796
178 145
-
-
withholding
10 136
12 471
-
-
total
10 136
12 471
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 098
59 826
89 375
87 553
After tax
159 402
165 674
136 125
137 947
Living cost
24 743
24 743
24 743
24 743
Free-cash
134 659
140 931
111 382
113 204

Estimated living cost  is ₽24743 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83044
₽79067
₽86504
₽62983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 567
income
-
-
-
71 118
total
-
-
-
80 685
Employee
87 396
-
196 404
-
health
1 440
-
2 604
-
pensions
8 431
-
11 306
-
income
15 754
-
57 742
-
total
25 625
-
71 652
-
Employer
87 396
-
196 404
-
health
1 660
-
3 733
-
pensions
10 319
-
25 361
-
total
11 979
-
29 094
-
Corporate
126 125
225 500
-
-
income

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

23 964
42 844
-
-
total
23 964
42 844
-
-
Dividends
102 161
182 656
-
-
withholding
15 657
41 818
-
-
total
15 657
41 818
-
-
Income
225 500
225 500
225 500
225 500
Total tax
77 225
84 662
100 746
80 685
After tax
148 275
140 838
124 754
144 815
Living cost
61 771
61 771
61 771
61 771
Free-cash
86 504
79 067
62 983
83 044

Estimated living cost  is ₽61771 per week

₽46286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽170886
₽180655
₽176352
₽180401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
33 825
total
-
-
-
42 466
Employee
16 086
-
219 150
-
health
740
-
1 489
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 412
-
2 842
-
income
1 608
-
21 915
-
total
3 937
-
26 602
-
Employer
16 086
-
219 150
-
health
1 110
-
2 233
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 773
-
3 566
-
unemployment
96
-
194
-
total
3 156
-
6 349
-
Corporate
206 258
225 500
-
-
income
20 626
22 550
-
-
total
20 626
22 550
-
-
Dividends
185 632
202 950
-
-
withholding
9 281
10 147
-
-
total
9 281
10 147
-
-
Income
225 500
225 500
225 500
225 500
Total tax
37 000
32 697
32 951
42 466
After tax
188 500
192 803
192 549
183 034
Living cost
12 148
12 148
12 148
12 148
Free-cash
176 352
180 655
180 401
170 886

Estimated living cost  is ₽12148 per week

₽7092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68693
₽61075
₽63410
₽92697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 451
pensions
-
-
-
10 880
income
-
-
-
82 985
total
-
-
-
105 316
Employee
86 091
79 297
208 243
-
health
10 740
10 353
11 451
-
pensions
10 880
10 880
10 880
-
income

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

12 980
12 980
41 724
-
total
34 600
34 213
64 055
-
Employer
86 091
79 297
208 243
-
health
5 983
5 512
6 850
-
pensions
5 991
5 519
6 860
-
unemployment
3 100
2 855
3 547
-
total
15 074
13 886
17 257
-
Corporate
124 335
132 317
-
-
income
24 868
26 464
-
-
total
24 868
26 464
-
-
Dividends
99 467
105 853
-
-
income
21 137
22 494
-
-
withholding
14 920
15 877
-
-
total
36 057
38 371
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 599
112 934
81 312
105 316
After tax
114 901
112 566
144 188
120 184
Living cost
51 491
51 491
51 491
51 491
Free-cash
63 410
61 075
92 697
68 693

Estimated living cost  is ₽51491 per week

₽37983
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.
₽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.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽111552
₽132419
₽124272
₽101502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
30 443
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
3 475
income
-
-
-
24 329
total
-
-
-
91 110
Employee
33 586
-
181 067
-
health
4 534
-
24 444
-
solidarity contribution
-
-
2 573
-
social contributions
2 183
-
7 315
-
income
4 030
-
22 396
-
total
10 747
-
56 728
-
Employer
33 586
-
181 067
-
health
3 023
-
16 296
-
social contributions
8 396
-
28 136
-
total
11 419
-
44 432
-
Corporate
180 495
225 500
-
-
income
34 294
42 845
-
-
total
34 294
42 845
-
-
Dividends
146 201
182 655
-
-
withholding
21 930
27 398
-
-
total
21 930
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 390
70 243
101 160
91 110
After tax
147 110
155 257
124 340
134 390
Living cost
22 838
22 838
22 838
22 838
Free-cash
124 272
132 419
101 502
111 552

Estimated living cost  is ₽22838 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70533
₽81129
₽76282
₽62663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 931
municipal
-
-
-
1 433
social contributions
-
-
-
46 475
national
-
-
-
64 945
total
-
-
-
115 784
Employee
82 527
-
225 500
-
regional
779
-
2 679
-
national
14 300
-
58 729
-
social contributions
27 828
-
60 930
-
municipal
437
-
1 316
-
total
43 344
-
123 654
-
Employer
82 527
-
225 500
-
total
-
-
-
-
Corporate
142 973
225 500
-
-
nationa
34 313
54 120
-
-
municipal
5 575
8 795
-
-
total
39 888
62 915
-
-
Dividends
103 085
162 585
-
-
withholding
26 803
42 273
-
-
total
26 803
42 273
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 035
105 188
123 654
115 784
After tax
115 465
120 312
101 846
109 716
Living cost
39 183
39 183
39 183
39 183
Free-cash
76 282
81 129
62 663
70 533

Estimated living cost  is ₽39183 per week

₽27314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽85401
₽121348
₽118458
₽79723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
73 227
surtax
-
-
-
12 585
total
-
-
-
119 608
Employee
30 708
-
199 413
-
health
784
-
3 160
-
pensions
2 048
-
8 266
-
unemployment
2 138
-
8 626
-
surtax
100
-
11 475
-
income
5 147
-
67 672
-
other
-
-
-
-
total
10 217
-
99 199
-
Employer
30 708
-
199 413
-
health
1 397
-
5 639
-
pensions
4 094
-
16 520
-
other
-
-
-
-
unemployment
973
-
3 928
-
total
6 464
-
26 087
-
Corporate
188 329
225 500
-
-
income
48 965
58 631
-
-
total
48 965
58 631
-
-
Dividends
139 363
166 869
-
-
withholding
20 905
25 030
-
-
total
20 905
25 030
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 551
83 661
125 286
119 608
After tax
138 949
141 839
100 214
105 892
Living cost
20 491
20 491
20 491
20 491
Free-cash
118 458
121 348
79 723
85 401

Estimated living cost  is ₽20491 per week

₽12529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
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.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102615
₽98638
₽104738
₽82554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 567
income
-
-
-
71 118
total
-
-
-
80 685
Employee
58 571
-
196 404
-
health
850
-
2 604
-
pensions
4 971
-
11 306
-
income
10 549
-
57 742
-
total
16 370
-
71 652
-
Employer
58 571
-
196 404
-
health
1 113
-
3 733
-
pensions
6 340
-
25 361
-
total
7 453
-
29 094
-
Corporate
159 476
225 500
-
-
income

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

30 300
42 844
-
-
total
30 300
42 844
-
-
Dividends
129 177
182 656
-
-
withholding
24 439
41 818
-
-
total
24 439
41 818
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 562
84 662
100 746
80 685
After tax
146 938
140 838
124 754
144 815
Living cost
42 200
42 200
42 200
42 200
Free-cash
104 738
98 638
82 554
102 615

Estimated living cost  is ₽42200 per week

₽31616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103444
₽27947
₽60110
₽95418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
508
city
-
-
-
2 377
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
-
-
-
12 756
pensions
-
-
-
20 746
national
-
-
-
5 990
total
-
-
-
46 887
Employee
87 967
-
203 080
-
health
199
-
458
-
regional
2 880
-
11 404
-
pensions
7 390
-
15 667
-
unemployment
-
-
-
-
national
416
-
4 998
-
city
944
-
2 199
-
total
11 829
-
34 726
-
Employer
87 967
-
203 080
-
health
199
-
458
-
pensions
7 390
-
15 667
-
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.

1 759
-
4 062
-
unemployment
-
-
-
-
total
9 348
-
20 187
-
Corporate
127 218
225 500
-
-
national
10 813
19 167
-
-
regional
26 907
47 694
-
-
total
37 720
66 861
-
-
Dividends
89 497
158 639
-
-
withholding
31 324
55 523
-
-
total
31 324
55 523
-
-
Income
225 500
225 500
225 500
225 500
Total tax
90 221
122 384
54 913
46 887
After tax
135 279
103 116
170 587
178 613
Living cost
75 169
75 169
75 169
75 169
Free-cash
60 110
27 947
95 418
103 444

Estimated living cost  is ₽75169 per week

₽48881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64562
₽68775
₽83831
₽95832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
31 270
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.

-
-
-
4 212
income

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

-
-
-
76 573
total
-
-
-
118 399
Employee

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

55 806
-
225 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 344
-
6 344
-
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.

361
-
4 212
-
income

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

6 562
-
76 573
-
total
13 267
-
87 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 694
225 500
-
-
trade
29 102
38 672
-
-
chamber of commerce
381
458
-
-
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.

1 399
1 861
-
-
income
25 454
33 825
-
-
total
56 336
74 816
-
-
Dividends
113 357
150 684
-
-
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.

1 540
2 053
-
-
withholding
27 987
37 317
-
-
total
29 527
39 370
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 130
114 186
87 129
118 399
After tax
126 370
111 314
138 371
107 101
Living cost
42 539
42 539
42 539
42 539
Free-cash
83 831
68 775
95 832
64 562

Estimated living cost  is ₽42539 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
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.
₽7516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90187
₽81882
₽87367
₽82528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 468
other
-
-
-
6 991
pensions
-
-
-
34 308
social contributions
-
-
-
6 425
income
-
-
-
44 351
surtax
-
-
-
-
total
-
-
-
103 543
Employee
39 742
-
171 276
-
pensions
4 494
-
13 257
-
surtax
-
-
-
-
social contributions
1 133
-
4 879
-
income
2 345
-
38 843
-
total
7 972
-
56 979
-
Employer
39 742
-
171 276
-
health
2 782
-
17 441
-
pensions
6 529
-
22 075
-
other
1 371
-
7 256
-
social contributions
120
-
515
-
unemployment
1 609
-
6 936
-
total
12 411
-
54 223
-
Corporate
173 347
225 500
-
-
surtax
-
-
-
-
income
48 537
63 140
-
-
total
48 537
63 140
-
-
Dividends
124 810
162 360
-
-
social contributions
21 467
27 927
-
-
surtax
-
-
-
-
withholding
15 976
20 781
-
-
total
37 443
48 708
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 363
111 848
111 202
103 543
After tax
119 137
113 652
114 298
121 957
Living cost
31 770
31 770
31 770
31 770
Free-cash
87 367
81 882
82 528
90 187

Estimated living cost  is ₽31770 per week

₽20032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93335
₽85030
₽90187
₽85676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 468
other
-
-
-
6 991
pensions
-
-
-
34 308
social contributions
-
-
-
6 425
income
-
-
-
44 351
surtax
-
-
-
-
total
-
-
-
103 543
Employee
35 475
-
171 276
-
pensions
4 012
-
13 257
-
surtax
-
-
-
-
social contributions
1 011
-
4 879
-
income
1 829
-
38 843
-
total
6 852
-
56 979
-
Employer
35 475
-
171 276
-
health
2 483
-
17 441
-
pensions
5 829
-
22 075
-
other
1 225
-
7 256
-
social contributions
106
-
515
-
unemployment
1 436
-
6 936
-
total
11 079
-
54 223
-
Corporate
178 946
225 500
-
-
surtax
-
-
-
-
income
50 105
63 140
-
-
total
50 105
63 140
-
-
Dividends
128 841
162 360
-
-
social contributions
22 163
27 927
-
-
surtax
-
-
-
-
withholding
16 492
20 781
-
-
total
38 655
48 708
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 691
111 848
111 202
103 543
After tax
118 809
113 652
114 298
121 957
Living cost
28 622
28 622
28 622
28 622
Free-cash
90 187
85 030
85 676
93 335

Estimated living cost  is ₽28622 per week

₽16600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125125
₽117885
₽118368
₽118655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 740
social contributions
-
-
-
31 120
income
-
-
-
33 825
total
-
-
-
80 685
Employee
31 485
-
225 500
-
health
2 197
-
15 740
-
social contributions
4 345
-
31 120
-
income
5 251
-
40 295
-
total
11 793
-
87 155
-
Employer
31 485
-
225 500
-
total
-
-
-
-
Corporate
194 015
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%.

9 701
11 274
-
-
total
9 701
11 274
-
-
Dividends
184 315
214 226
-
-
social contributions
25 435
29 564
-
-
health
12 866
14 954
-
-
withholding
27 647
32 133
-
-
total
65 948
76 651
-
-
Income
225 500
225 500
225 500
225 500
Total tax
87 442
87 925
87 155
80 685
After tax
138 058
137 575
138 345
144 815
Living cost
19 690
19 690
19 690
19 690
Free-cash
118 368
117 885
118 655
125 125

Estimated living cost  is ₽19690 per week

₽13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82531
₽91458
₽90022
₽26025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
75 102
chamber of commerce
-
-
-
902
surtax
-
-
-
183
total
-
-
-
110 249
Employee
46 406
37 005
188 273
-
health
1 796
1 433
4 197
-
pensions
4 753
3 789
11 109
-
unemployment
1 392
1 110
3 255
-
income
5 283
2 730
63 695
-
other
463
370
1 085
-
total
13 687
9 432
83 341
-
Employer
46 406
37 005
188 273
-
payroll
1 392
1 110
5 648
-
health
1 753
1 399
4 101
-
surtax
183
183
183
-
accident
603
481
1 410
-
pensions
5 824
4 645
13 614
-
chamber of commerce
185
148
752
-
other
2 204
1 757
8 265
-
unemployment
1 392
1 110
3 255
-
total
13 536
10 833
37 228
-
Corporate
165 557
177 661
184 748
-
income

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

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

41 390
44 415
46 186
-
total
41 390
44 415
46 186
-
Dividends
124 167
133 245
-
-
withholding
34 145
36 642
-
-
total
34 145
36 642
-
-
Income
225 500
225 500
225 500
225 500
Total tax
102 758
101 322
166 755
110 249
After tax
122 742
124 178
58 745
115 251
Living cost
32 720
32 720
32 720
32 720
Free-cash
90 022
91 458
26 025
82 531

Estimated living cost  is ₽32720 per week

₽21823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2791
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.
₽7568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64306
₽88964
₽78202
₽42078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 151
national
-
-
-
92 045
communal

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

-
-
-
12 141
total
-
-
-
127 337
Employee

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

66 422
-
174 658
-
health

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

3 121
-
8 210
-
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.

4 982
-
13 100
-
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.

578
-
1 519
-
national
20 421
-
66 784
-
communal

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

3 464
-
9 110
-
total
32 566
-
98 723
-
Employer

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

66 422
-
174 658
-
health

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

4 085
-
10 740
-
surtax
7 531
-
19 807
-
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.

863
-
2 270
-
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.

5 886
-
15 475
-
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.

969
-
2 550
-
total
19 334
-
50 842
-
Corporate
139 743
225 500
-
-
surtax
559
990
-
-
income
27 948
49 536
-
-
total
28 507
50 526
-
-
Dividends
111 237
174 973
-
-
withholding

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

33 034
52 153
-
-
total
33 034
52 153
-
-
Income
225 500
225 500
225 500
225 500
Total tax
113 441
102 679
149 565
127 337
After tax
112 059
122 821
75 935
98 163
Living cost
33 857
33 857
33 857
33 857
Free-cash
78 202
88 964
42 078
64 306

Estimated living cost  is ₽33857 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92321
₽116028
₽109666
₽88426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
73 823
total
-
-
-
99 644
Employee
46 223
-
198 061
-
pensions
2 173
-
4 046
-
unemployment
717
-
1 334
-
other
46
-
86
-
income
9 753
-
70 635
-
total
12 689
-
76 101
-
Employer
46 223
-
198 061
-
accident
915
-
1 704
-
pensions
10 908
-
20 312
-
other
368
-
689
-
unemployment
2 543
-
4 733
-
total
14 734
-
27 438
-
Corporate
164 544
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.

24 681
33 825
-
-
total
24 681
33 825
-
-
Dividends
139 863
191 675
-
-
withholding
30 195
42 112
-
-
total
30 195
42 112
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 299
75 937
103 539
99 644
After tax
143 201
149 563
121 961
125 856
Living cost
33 535
33 535
33 535
33 535
Free-cash
109 666
116 028
88 426
92 321

Estimated living cost  is ₽33535 per week

₽24695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
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.
₽5977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54691
₽75783
₽63013
₽63079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 502
accident
-
-
-
1 861
pensions
-
-
-
33 072
communal
-
-
-
14 252
income
-
-
-
44 402
surtax
-
-
-
11 257
total
-
-
-
120 346
Employee
70 321
-
201 427
-
health
3 130
-
8 964
-
pensions
5 625
-
16 115
-
surtax
4 310
-
12 344
-
income
6 792
-
50 462
-
total
19 857
-
87 885
-
Employer
70 321
-
201 427
-
health
2 145
-
6 145
-
accident
633
-
1 813
-
pensions
5 625
-
16 115
-
total
8 403
-
24 073
-
Corporate
146 777
225 500
-
-
communal
9 907
15 222
-
-
surtax
1 542
2 368
-
-
income
22 016
33 825
-
-
total
33 465
51 415
-
-
Dividends
113 312
174 085
-
-
income
33 303
21 725
-
-
withholding
16 996
26 114
-
-
total
50 299
47 839
-
-
Income
225 500
225 500
225 500
225 500
Total tax
112 024
99 254
111 958
120 346
After tax
113 476
126 246
113 542
105 154
Living cost
50 463
50 463
50 463
50 463
Free-cash
63 013
75 783
63 079
54 691

Estimated living cost  is ₽50463 per week

₽37855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85035
₽120982
₽118031
₽79357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 798
other
-
-
-
-
pensions
-
-
-
24 787
unemployment
-
-
-
211
income
-
-
-
73 227
surtax
-
-
-
12 585
total
-
-
-
119 608
Employee
31 271
-
199 413
-
health
798
-
3 160
-
pensions
2 086
-
8 266
-
unemployment
2 176
-
8 626
-
surtax
111
-
11 475
-
income
5 242
-
67 672
-
other
-
-
-
-
total
10 413
-
99 199
-
Employer
31 271
-
199 413
-
health
1 422
-
5 639
-
pensions
4 169
-
16 520
-
other
-
-
-
-
unemployment
992
-
3 928
-
total
6 583
-
26 087
-
Corporate
187 645
225 500
-
-
income
48 787
58 631
-
-
total
48 787
58 631
-
-
Dividends
138 858
166 869
-
-
withholding
20 829
25 030
-
-
total
20 829
25 030
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 612
83 661
125 286
119 608
After tax
138 888
141 839
100 214
105 892
Living cost
20 857
20 857
20 857
20 857
Free-cash
118 031
120 982
79 357
85 035

Estimated living cost  is ₽20857 per week

₽12592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83999
₽93514
₽91453
₽76171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 634
municipal
-
-
-
1 433
social contributions
-
-
-
46 475
national
-
-
-
64 945
total
-
-
-
116 487
Employee
51 510
-
225 500
-
regional
693
-
3 340
-
national
8 161
-
58 729
-
social contributions
17 370
-
60 930
-
municipal
273
-
1 316
-
total
26 497
-
124 315
-
Employer
51 510
-
225 500
-
total
-
-
-
-
Corporate
173 990
225 500
-
-
nationa
41 758
54 120
-
-
municipal
8 647
11 207
-
-
total
50 405
65 327
-
-
Dividends
123 585
160 173
-
-
withholding
32 131
41 645
-
-
total
32 131
41 645
-
-
Income
225 500
225 500
225 500
225 500
Total tax
109 033
106 972
124 315
116 487
After tax
116 467
118 528
101 185
109 013
Living cost
25 014
25 014
25 014
25 014
Free-cash
91 453
93 514
76 171
83 999

Estimated living cost  is ₽25014 per week

₽15556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106247
₽127114
₽117074
₽96197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
30 443
social contributions
-
-
-
32 863
solidarity contribution
-
-
-
3 475
income
-
-
-
24 329
total
-
-
-
91 110
Employee
41 386
-
181 067
-
health
5 587
-
24 444
-
solidarity contribution
-
-
2 573
-
social contributions
2 690
-
7 315
-
income
4 966
-
22 396
-
total
13 243
-
56 728
-
Employer
41 386
-
181 067
-
health
3 725
-
16 296
-
social contributions
10 347
-
28 136
-
total
14 072
-
44 432
-
Corporate
170 042
225 500
-
-
income
32 308
42 845
-
-
total
32 308
42 845
-
-
Dividends
137 734
182 655
-
-
withholding
20 660
27 398
-
-
total
20 660
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 283
70 243
101 160
91 110
After tax
145 217
155 257
124 340
134 390
Living cost
28 143
28 143
28 143
28 143
Free-cash
117 074
127 114
96 197
106 247

Estimated living cost  is ₽28143 per week

₽20929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85809
₽94653
₽94192
₽29161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 298
pensions
-
-
-
20 069
unemployment
-
-
-
5 695
income
-
-
-
75 102
chamber of commerce
-
-
-
902
surtax
-
-
-
-
total
-
-
-
110 066
Employee
40 591
37 005
188 442
-
health
1 570
1 433
4 197
-
pensions
4 157
3 789
11 109
-
unemployment
1 218
1 110
3 255
-
income
3 616
2 730
63 780
-
other
405
370
1 085
-
total
10 966
9 432
83 426
-
Employer
40 591
37 005
188 442
-
payroll
1 218
1 110
5 653
-
health
1 535
1 399
4 101
-
surtax
-
-
-
-
accident
527
481
1 410
-
pensions
5 094
4 645
13 614
-
chamber of commerce
162
148
754
-
other
1 928
1 757
8 272
-
unemployment
1 218
1 110
3 255
-
total
11 682
10 650
37 059
-
Corporate
173 228
177 844
184 917
-
income

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

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

43 307
44 461
46 229
-
total
43 307
44 461
46 229
-
Dividends
129 921
133 383
-
-
withholding
35 728
36 679
-
-
total
35 728
36 679
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 683
101 222
166 714
110 066
After tax
123 817
124 278
58 786
115 434
Living cost
29 625
29 625
29 625
29 625
Free-cash
94 192
94 653
29 161
85 809

Estimated living cost  is ₽29625 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211312
₽202292
₽200055
₽168467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
225 500
microenterprise

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

-
-
-
2 255
total
-
-
-
2 255
Employee
14 916
-
225 500
-
income
2 983
-
45 100
-
total
2 983
-
45 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

210 584
225 500
-
-
total
-
-
-
-
Dividends
210 584
225 500
-
-
withholding
10 529
11 275
-
-
total
10 529
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
13 512
11 275
45 100
2 255
After tax
211 988
214 225
180 400
223 245
Living cost
11 933
11 933
11 933
11 933
Free-cash
200 055
202 292
168 467
211 312

Estimated living cost  is ₽11933 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78034
₽130350
₽122583
₽73137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 189
pensions
-
-
-
41 182
unemployment
-
-
-
338
income
-
-
-
58 850
total
-
-
-
122 559
Employee

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

41 062
-
195 120
-
health
2 652
-
12 605
-
pensions
6 365
-
30 244
-
unemployment
58
-
273
-
income
7 081
-
53 955
-
total
16 156
-
97 077
-
Employer

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

41 062
-
195 120
-
health
2 735
-
12 996
-
pensions
3 634
-
17 267
-
unemployment
25
-
116
-
total
6 394
-
30 379
-
Corporate
178 045
225 500
-
-
income
33 828
42 845
-
-
total
33 828
42 845
-
-
Dividends
144 216
182 655
-
-
withholding
21 632
27 398
-
-
total
21 632
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 010
70 243
127 456
122 559
After tax
147 490
155 257
98 044
102 941
Living cost
24 907
24 907
24 907
24 907
Free-cash
122 583
130 350
73 137
78 034

Estimated living cost  is ₽24907 per week

₽17093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
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.
₽5736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113672
₽95028
₽48545
₽170478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 707
income
-
-
-
43 955
total
-
-
-
69 662
Employee
60 460
-
-
-
social contributions
4 958
-
707
-
income
13 336
-
-
-
total
18 294
-
707
-
Employer
60 460
-
-
-
social contributions
85 249
-
12 149
-
total
85 249
-
12 149
-
Corporate
79 792
225 500
-
-
income
17 554
49 610
-
-
total
17 554
49 610
-
-
Dividends
62 237
175 890
-
-
income
13 692
38 696
-
-
total
13 692
38 696
-
-
Income
225 500
225 500
225 500
225 500
Total tax
134 789
88 306
12 856
69 662
After tax
90 711
137 194
212 644
155 838
Living cost
42 166
42 166
42 166
42 166
Free-cash
48 545
95 028
170 478
113 672

Estimated living cost  is ₽42166 per week

₽27359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
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.
₽10304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87664
₽99136
₽98202
₽69437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
78 362
income
-
-
-
30 347
surtax
-
-
-
-
total
-
-
-
108 709
Employee
42 708
-
182 221
-
surtax
-
-
530
-
social contributions
4 698
-
20 045
-
income
8 883
-
63 084
-
total
13 581
-
83 659
-
Employer
42 708
-
182 221
-
social contributions
10 143
-
43 277
-
total
10 143
-
43 277
-
Corporate
172 649
225 500
-
-
surtax
-
-
-
-
income
36 257
47 355
-
-
total
36 257
47 355
-
-
Dividends
136 393
178 145
-
-
withholding
38 190
49 882
-
-
total
38 190
49 882
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 171
97 237
126 936
108 709
After tax
127 329
128 263
98 564
116 791
Living cost
29 127
29 127
29 127
29 127
Free-cash
98 202
99 136
69 437
87 664

Estimated living cost  is ₽29127 per week

₽21793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77108
₽68803
₽75185
₽69449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 468
other
-
-
-
6 991
pensions
-
-
-
34 308
social contributions
-
-
-
6 425
income
-
-
-
44 351
surtax
-
-
-
-
total
-
-
-
103 543
Employee
58 159
-
171 276
-
pensions
6 578
-
13 257
-
surtax
-
-
-
-
social contributions
1 656
-
4 879
-
income
5 075
-
38 843
-
total
13 309
-
56 979
-
Employer
58 159
-
171 276
-
health
4 071
-
17 441
-
pensions
9 556
-
22 075
-
other
2 007
-
7 256
-
social contributions
174
-
515
-
unemployment
2 356
-
6 936
-
total
18 164
-
54 223
-
Corporate
149 177
225 500
-
-
surtax
-
-
-
-
income
41 770
63 140
-
-
total
41 770
63 140
-
-
Dividends
107 406
162 360
-
-
social contributions
18 475
27 927
-
-
surtax
-
-
-
-
withholding
13 748
20 781
-
-
total
32 223
48 708
-
-
Income
225 500
225 500
225 500
225 500
Total tax
105 466
111 848
111 202
103 543
After tax
120 034
113 652
114 298
121 957
Living cost
44 849
44 849
44 849
44 849
Free-cash
75 185
68 803
69 449
77 108

Estimated living cost  is ₽44849 per week

₽30353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136028
₽175037
₽171918
₽142019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 949
social contributions
-
-
-
49 610
total
-
-
-
61 559
Employee
29 853
-
195 237
-
social contributions
1 940
-
12 691
-
income
-
-
12 615
-
total
1 940
-
25 306
-
Employer
29 853
-
195 237
-
social contributions
4 627
-
30 262
-
total
4 627
-
30 262
-
Corporate
191 020
225 500
-
-
income
19 102
22 550
-
-
total
19 102
22 550
-
-
Dividends
171 918
202 950
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
25 669
22 550
55 568
61 559
After tax
199 831
202 950
169 932
163 941
Living cost
27 913
27 913
27 913
27 913
Free-cash
171 918
175 037
142 019
136 028

Estimated living cost  is ₽27913 per week

₽18048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84904
₽24380
₽12931
₽24380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
48 841
labour market
-
-
-
17 976
national
-
-
-
28 523
pensions
-
-
-
800
total
-
-
-
96 140
Employee
187 638
187 638
187 638
-
pensions
267
267
267
-
labour market
14 990
14 990
14 990
-
national
22 923
22 923
22 923
-
municipal
39 957
39 957
39 957
-
total
78 137
78 137
78 137
-
Employer
187 638
187 638
187 638
-
municipal
40 020
40 020
40 020
-
labour market
15 011
15 011
15 011
-
national
22 963
22 963
22 963
-
pensions
533
533
533
-
total
78 527
78 527
78 527
-
Corporate
24 380
-
-
-
income
5 364
-
-
-
total
5 364
-
-
-
Dividends
19 016
-
-
-
withholding
6 085
-
-
-
total
6 085
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
168 113
156 664
156 664
96 140
After tax
57 387
68 836
68 836
129 360
Living cost
44 456
44 456
44 456
44 456
Free-cash
12 931
24 380
24 380
84 904

Estimated living cost  is ₽44456 per week

₽30426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽684
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133766
-₽1898
₽15172
₽104489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
65 090
total
-
-
-
71 570
Employee
31 720
-
206 733
-
health
3 632
-
23 671
-
pensions
3 572
-
7 097
-
income
4 352
-
51 312
-
total
11 556
-
82 080
-
Employer
31 720
-
206 733
-
accident
530
-
3 453
-
pensions
5 158
-
10 249
-
unemployment
777
-
5 065
-
total
6 465
-
18 767
-
Corporate
187 315
225 500
-
-
income

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

168 584
202 950
-
-
total
168 584
202 950
-
-
Dividends
18 732
22 550
-
-
withholding
3 559
4 284
-
-
total
3 559
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
190 164
207 234
100 847
71 570
After tax
35 336
18 266
124 653
153 930
Living cost
20 164
20 164
20 164
20 164
Free-cash
15 172
-1 898
104 489
133 766

Estimated living cost  is ₽20164 per week

₽14677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100795
₽101684
₽104675
₽74963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 086
municipal
-
-
-
40 035
national
-
-
-
45 933
total
-
-
-
89 054
Employee
48 855
-
189 702
-
health
365
-
2 534
-
pensions
3 297
-
12 806
-
unemployment
733
-
2 846
-
national
807
-
30 028
-
municipal
8 002
-
30 873
-
total
13 204
-
79 087
-
Employer
48 855
-
189 702
-
health
375
-
1 461
-
accident
49
-
190
-
pensions
8 476
-
32 914
-
unemployment
317
-
1 234
-
total
9 217
-
35 799
-
Corporate
167 427
225 500
-
-
income
33 485
45 101
-
-
total
33 485
45 101
-
-
Dividends

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

100 457
135 299
-
-
national
11 186
18 711
-
-
municipal
18 082
24 353
-
-
total
29 268
43 064
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 174
88 165
114 886
89 054
After tax
140 326
137 335
110 614
136 446
Living cost
35 651
35 651
35 651
35 651
Free-cash
104 675
101 684
74 963
100 795

Estimated living cost  is ₽35651 per week

₽23287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129529
₽142803
₽137748
₽127714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 750
social contributions
-
-
-
15 024
income
-
-
-
53 698
total
-
-
-
74 472
Employee
71 404
71 404
213 556
-
health
553
1 214
3 630
-
social contributions
2 700
5 926
7 993
-
income
7 775
6 610
52 720
-
total
11 028
13 750
64 343
-
Employer
71 404
71 404
213 556
-
health
601
1 322
3 951
-
social contributions
2 700
5 926
7 993
-
total
3 301
7 248
11 944
-
Corporate
189 673
146 849
-
-
income
23 710
18 356
-
-
total
23 710
18 356
-
-
Dividends
165 963
128 492
-
-
withholding
28 214
21 844
-
-
total
28 214
21 844
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 253
61 198
76 287
74 472
After tax
159 247
164 302
149 213
151 028
Living cost
21 499
21 499
21 499
21 499
Free-cash
137 748
142 803
127 714
129 529

Estimated living cost  is ₽21499 per week

₽12885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178009
₽171993
₽167270
₽159382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 360
pensions
-
-
-
5 907
unemployment
-
-
-
26
income
-
-
-
23 455
total
-
-
-
32 748
Employee

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

21 314
-
216 425
-
health
1 812
-
7 489
-
pensions
3 197
-
13 216
-
unemployment
106
-
441
-
income
1 457
-
21 153
-
total
6 572
-
42 299
-
Employer

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

21 314
-
216 425
-
health
916
-
3 789
-
pensions
1 172
-
4 846
-
unemployment
106
-
441
-
total
2 194
-
9 076
-
Corporate
201 992
225 500
-
-
income
18 178
20 295
-
-
total
18 178
20 295
-
-
Dividends
183 813
205 205
-
-
withholding
16 543
18 469
-
-
total
16 543
18 469
-
-
Income
225 500
225 500
225 500
225 500
Total tax
43 487
38 764
51 375
32 748
After tax
182 013
186 736
174 125
192 752
Living cost
14 743
14 743
14 743
14 743
Free-cash
167 270
171 993
159 382
178 009

Estimated living cost  is ₽14743 per week

₽9406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100321
₽124028
₽119928
₽96426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
73 823
total
-
-
-
99 644
Employee
34 335
-
198 061
-
pensions
1 614
-
4 046
-
unemployment
532
-
1 334
-
other
33
-
86
-
income
6 620
-
70 635
-
total
8 799
-
76 101
-
Employer
34 335
-
198 061
-
accident
680
-
1 704
-
pensions
8 102
-
20 312
-
other
275
-
689
-
unemployment
1 889
-
4 733
-
total
10 946
-
27 438
-
Corporate
180 218
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.

27 033
33 825
-
-
total
27 033
33 825
-
-
Dividends
153 185
191 675
-
-
withholding
33 259
42 112
-
-
total
33 259
42 112
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 037
75 937
103 539
99 644
After tax
145 463
149 563
121 961
125 856
Living cost
25 535
25 535
25 535
25 535
Free-cash
119 928
124 028
96 426
100 321

Estimated living cost  is ₽25535 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143808
₽138969
₽138682
₽143684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
922
pensions
-
-
-
1 271
income
-
-
-
77 756
total
-
-
-
79 949
Employee
2 654
-
224 070
-
health
133
-
318
-
pensions
239
-
572
-
unemployment
27
-
64
-
income
513
-
77 689
-
total
912
-
78 643
-
Employer
2 654
-
224 070
-
health
252
-
604
-
pensions
292
-
699
-
unemployment
53
-
127
-
total
597
-
1 430
-
Corporate
222 249
225 500
-
-
income
48 895
49 610
-
-
total
48 895
49 610
-
-
Dividends
173 354
175 890
-
-
withholding
34 671
35 178
-
-
total
34 671
35 178
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 075
84 788
80 073
79 949
After tax
140 425
140 712
145 427
145 551
Living cost
1 743
1 743
1 743
1 743
Free-cash
138 682
138 969
143 684
143 808

Estimated living cost  is ₽1743 per week

₽1036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131059
₽146888
₽142327
₽131059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 817
unemployment
-
-
-
1 028
income
-
-
-
52 502
total
-
-
-
78 405
Employee

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

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

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

24 181
-
213 234
-
health
1 245
-
3 529
-
pensions
3 385
-
9 594
-
unemployment
181
-
514
-
income
3 333
-
52 502
-
total
8 144
-
66 139
-
Employer

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

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

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

24 181
-
213 234
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
196 991
225 500
-
-
income
29 549
33 825
-
-
total
29 549
33 825
-
-
Dividends
167 442
191 675
-
-
withholding
25 116
28 751
-
-
total
25 116
28 751
-
-
Income
225 500
225 500
225 500
225 500
Total tax
67 137
62 576
78 405
78 405
After tax
158 363
162 924
147 095
147 095
Living cost
16 036
16 036
16 036
16 036
Free-cash
142 327
146 888
131 059
131 059

Estimated living cost  is ₽16036 per week

₽10797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91757
₽103229
₽102896
₽73530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
78 362
income
-
-
-
30 347
surtax
-
-
-
-
total
-
-
-
108 709
Employee
36 040
-
182 221
-
surtax
-
-
530
-
social contributions
3 965
-
20 045
-
income
7 042
-
63 084
-
total
11 007
-
83 659
-
Employer
36 040
-
182 221
-
social contributions
8 559
-
43 277
-
total
8 559
-
43 277
-
Corporate
180 901
225 500
-
-
surtax
-
-
-
-
income
37 989
47 355
-
-
total
37 989
47 355
-
-
Dividends
142 912
178 145
-
-
withholding
40 015
49 882
-
-
total
40 015
49 882
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 570
97 237
126 936
108 709
After tax
127 930
128 263
98 564
116 791
Living cost
25 034
25 034
25 034
25 034
Free-cash
102 896
103 229
73 530
91 757

Estimated living cost  is ₽25034 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93221
₽116928
₽110851
₽89326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
775
other
-
-
-
86
pensions
-
-
-
24 357
unemployment
-
-
-
603
income
-
-
-
73 823
total
-
-
-
99 644
Employee
44 846
-
198 061
-
pensions
2 108
-
4 046
-
unemployment
694
-
1 334
-
other
44
-
86
-
income
9 367
-
70 635
-
total
12 213
-
76 101
-
Employer
44 846
-
198 061
-
accident
888
-
1 704
-
pensions
10 584
-
20 312
-
other
359
-
689
-
unemployment
2 467
-
4 733
-
total
14 298
-
27 438
-
Corporate
166 355
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.

24 954
33 825
-
-
total
24 954
33 825
-
-
Dividends
141 401
191 675
-
-
withholding
30 549
42 112
-
-
total
30 549
42 112
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 014
75 937
103 539
99 644
After tax
143 486
149 563
121 961
125 856
Living cost
32 635
32 635
32 635
32 635
Free-cash
110 851
116 928
89 326
93 221

Estimated living cost  is ₽32635 per week

₽23437
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.
₽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.
₽6201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167095
₽176864
₽171216
₽176610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 722
pensions

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

-
-
-
4 790
unemployment
-
-
-
129
income
-
-
-
33 825
total
-
-
-
42 466
Employee
21 105
-
219 150
-
health
971
-
1 489
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 853
-
2 842
-
income
2 111
-
21 915
-
total
5 167
-
26 602
-
Employer
21 105
-
219 150
-
health
1 456
-
2 233
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 326
-
3 566
-
unemployment
127
-
194
-
total
4 141
-
6 349
-
Corporate
200 254
225 500
-
-
income
20 025
22 550
-
-
total
20 025
22 550
-
-
Dividends
180 229
202 950
-
-
withholding
9 012
10 147
-
-
total
9 012
10 147
-
-
Income
225 500
225 500
225 500
225 500
Total tax
38 345
32 697
32 951
42 466
After tax
187 155
192 803
192 549
183 034
Living cost
15 939
15 939
15 939
15 939
Free-cash
171 216
176 864
176 610
167 095

Estimated living cost  is ₽15939 per week

₽10542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76356
₽80101
₽92250
₽102521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 344
trade
-
-
-
26 165
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.

-
-
-
4 212
income

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

-
-
-
76 573
total
-
-
-
113 294
Employee

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

46 203
-
225 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 344
-
6 344
-
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.

210
-
4 212
-
income

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

3 799
-
76 573
-
total
10 353
-
87 129
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 297
225 500
-
-
trade
25 729
32 359
-
-
chamber of commerce
404
472
-
-
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.

1 478
1 861
-
-
income
26 894
33 825
-
-
total
54 505
68 517
-
-
Dividends
124 792
156 984
-
-
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.

1 697
2 139
-
-
withholding
30 845
38 893
-
-
total
32 542
41 032
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 400
109 549
87 129
113 294
After tax
128 100
115 951
138 371
112 206
Living cost
35 850
35 850
35 850
35 850
Free-cash
92 250
80 101
102 521
76 356

Estimated living cost  is ₽35850 per week

₽24730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58697
₽104954
₽107005
₽58697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
74 851
social contributions
-
-
-
39 056
total
-
-
-
113 907
Employee
72 636
-
225 500
-
social contributions
6 035
-
39 056
-
income
13 706
-
74 851
-
total
19 741
-
113 907
-
Employer
72 636
-
225 500
-
total
-
-
-
-
Corporate
152 864
225 500
-
-
income
19 107
28 188
-
-
total
19 107
28 188
-
-
Dividends
133 757
197 312
-
-
withholding
26 751
39 462
-
-
total
26 751
39 462
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 599
67 650
113 907
113 907
After tax
159 901
157 850
111 593
111 593
Living cost
52 896
52 896
52 896
52 896
Free-cash
107 005
104 954
58 697
58 697

Estimated living cost  is ₽52896 per week

₽40243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152185
₽107960
₽111206
₽122848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 782
total
-
-
-
39 607
Employee
42 598
-
221 229
-
social contributions
4 268
-
4 271
-
income
4 622
-
60 402
-
total
8 890
-
64 673
-
Employer
42 598
-
221 229
-
social contributions
4 268
-
4 271
-
total
4 268
-
4 271
-
Corporate
178 634
225 500
-
-
income
62 522
78 926
-
-
total
62 522
78 926
-
-
Dividends
116 113
146 574
-
-
social contributions
4 906
4 906
-
-
total
4 906
4 906
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 586
83 832
68 944
39 607
After tax
144 914
141 668
156 556
185 893
Living cost
33 708
33 708
33 708
33 708
Free-cash
111 206
107 960
122 848
152 185

Estimated living cost  is ₽33708 per week

₽22203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110508
₽106531
₽111999
₽90447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 567
income
-
-
-
71 118
total
-
-
-
80 685
Employee
47 092
-
196 404
-
health
614
-
2 604
-
pensions
3 594
-
11 306
-
income
8 576
-
57 742
-
total
12 784
-
71 652
-
Employer
47 092
-
196 404
-
health
895
-
3 733
-
pensions
4 758
-
25 361
-
total
5 653
-
29 094
-
Corporate
172 756
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.

32 824
42 844
-
-
total
32 824
42 844
-
-
Dividends
139 931
182 656
-
-
withholding
27 933
41 818
-
-
total
27 933
41 818
-
-
Income
225 500
225 500
225 500
225 500
Total tax
79 194
84 662
100 746
80 685
After tax
146 306
140 838
124 754
144 815
Living cost
34 307
34 307
34 307
34 307
Free-cash
111 999
106 531
90 447
110 508

Estimated living cost  is ₽34307 per week

₽23535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽131769
-₽3895
₽14868
₽102492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 029
accident
-
-
-
235
other
-
-
-
345
pensions
-
-
-
3 871
income
-
-
-
65 090
total
-
-
-
71 570
Employee
34 860
-
206 733
-
health
3 991
-
23 671
-
pensions
3 925
-
7 097
-
income
4 782
-
51 312
-
total
12 698
-
82 080
-
Employer
34 860
-
206 733
-
accident
582
-
3 453
-
pensions
5 668
-
10 249
-
unemployment
854
-
5 065
-
total
7 104
-
18 767
-
Corporate
183 536
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.

165 182
202 950
-
-
total
165 182
202 950
-
-
Dividends
18 354
22 550
-
-
withholding
3 487
4 284
-
-
total
3 487
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
188 471
207 234
100 847
71 570
After tax
37 029
18 266
124 653
153 930
Living cost
22 161
22 161
22 161
22 161
Free-cash
14 868
-3 895
102 492
131 769

Estimated living cost  is ₽22161 per week

₽16264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134072
₽159981
₽157176
₽154463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
10 974
work injury
-
-
-
741
pensions
-
-
-
27 287
unemployment
-
-
-
1 780
income
-
-
-
38 120
total
-
-
-
78 902
Employee

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

20 041
-
225 500
-
pensions
3 688
-
13 643
-
work injury
100
-
371
-
unemployment
240
-
890
-
health insurance
1 483
-
5 487
-
income
2 004
-
38 120
-
total
7 515
-
58 511
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 459
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%.

20 546
22 550
-
-
total
20 546
22 550
-
-
Dividends
184 913
202 950
-
-
withholding
27 737
30 443
-
-
total
27 737
30 443
-
-
Income
225 500
225 500
225 500
225 500
Total tax
55 798
52 993
58 511
78 902
After tax
169 702
172 507
166 989
146 598
Living cost
12 526
12 526
12 526
12 526
Free-cash
157 176
159 981
154 463
134 072

Estimated living cost  is ₽12526 per week

₽7760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69824
₽81785
₽77561
₽62197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 652
municipal
-
-
-
1 611
social contributions
-
-
-
46 475
national
-
-
-
64 945
total
-
-
-
118 683
Employee
78 248
-
225 500
-
regional
1 181
-
5 169
-
national
13 223
-
58 729
-
social contributions
26 385
-
60 930
-
municipal
467
-
1 482
-
total
41 256
-
126 310
-
Employer
78 248
-
225 500
-
total
-
-
-
-
Corporate
147 252
225 500
-
-
nationa
35 340
54 120
-
-
municipal
7 098
10 869
-
-
total
42 438
64 989
-
-
Dividends
104 813
160 511
-
-
withholding
27 252
41 733
-
-
total
27 252
41 733
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 946
106 722
126 310
118 683
After tax
114 554
118 778
99 190
106 817
Living cost
36 993
36 993
36 993
36 993
Free-cash
77 561
81 785
62 197
69 824

Estimated living cost  is ₽36993 per week

₽25985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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