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
₽110177
₽85382
₽81490
₽95697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 207
trade
-
-
-
28 687
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.

-
-
-
76 492
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.

-
-
-
6 372
total
-
-
-
115 758
Employee

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

35 675
-
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.

6 372
-
6 372
-
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
-
4 207
-
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.

997
-
76 492
-
total
7 424
-
87 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 825
225 500
-
-
chamber of commerce
414
466
-
-
trade
29 898
35 516
-
-
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.

1 566
1 860
-
-
income
28 475
33 825
-
-
total
60 353
71 667
-
-
Dividends
129 472
153 833
-
-
withholding
32 013
38 103
-
-
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.

1 761
2 096
-
-
total
33 774
40 199
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 551
111 866
87 071
115 758
After tax
123 949
113 634
138 429
109 742
Living cost
28 252
28 252
28 252
28 252
Free-cash
95 697
85 382
110 177
81 490

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79586
₽90975
₽78376
₽90148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 076
social contributions
-
-
-
2 424
national
-
-
-
42 827
pensions
-
-
-
27 060
total
-
-
-
97 387
Employee
77 101
-
194 943
-
pensions
3 084
-
7 798
-
national
14 757
-
44 739
-
municipal
9 523
-
25 949
-
total
27 364
-
78 486
-
Employer
77 101
-
194 943
-
pensions
6 168
-
15 595
-
social contributions
829
-
2 096
-
total
6 997
-
17 691
-
Corporate
136 313
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%.

27 263
45 100
-
-
total
27 263
45 100
-
-
Dividends
109 050
180 400
-
-
withholding
23 991
39 688
-
-
total
23 991
39 688
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 615
84 788
96 177
97 387
After tax
139 885
140 712
129 323
128 113
Living cost
49 737
49 737
49 737
49 737
Free-cash
90 148
90 975
79 586
78 376

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79461
₽160995
₽63670
₽153345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
57 503
social contributions

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

-
-
-
35 737
income
-
-
-
49 185
total
-
-
-
142 425
Employee
27 255
-
179 028
-
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.

2 998
-
12 227
-
surtax
-
-
25 959
-
income
4 852
-
41 976
-
total
7 850
-
80 162
-
Employer
27 255
-
179 028
-
surtax
-
-
19 693
-
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.

6 565
-
26 779
-
total
6 565
-
46 472
-
Corporate
191 680
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%.

38 335
45 100
-
-
total
38 335
45 100
-
-
Dividends

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

153 345
180 400
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
52 750
45 100
126 634
142 425
After tax
172 750
180 400
98 866
83 075
Living cost
19 405
19 405
19 405
19 405
Free-cash
153 345
160 995
79 461
63 670

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
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.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105117
₽73482
₽81164
₽67768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
82 833
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
105 263
Employee
79 651
79 651
208 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
41 546
-
total
39 601
34 365
63 976
-
Employer
79 651
79 651
208 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
132 878
131 901
-
-
income
26 575
26 381
-
-
total
26 575
26 381
-
-
Dividends
106 302
105 520
-
-
withholding
15 946
15 828
-
-
income
22 589
22 423
-
-
total
38 535
38 251
-
-
Income
225 500
225 500
225 500
225 500
Total tax
118 659
112 945
81 310
105 263
After tax
106 841
112 555
144 190
120 237
Living cost
39 073
39 073
39 073
39 073
Free-cash
67 768
73 482
105 117
81 164

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73547
₽85439
₽74460
₽84594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 109
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
29 320
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
113 356
Employee
53 696
-
199 550
-
national
-
-
28 814
-
municipal
16 012
-
59 506
-
total
16 012
-
88 320
-
Employer
53 696
-
199 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
154 932
225 500
-
-
income
34 085
49 610
-
-
total
34 085
49 610
-
-
Dividends
120 847
175 890
-
-
withholding
36 254
52 767
-
-
total
36 254
52 767
-
-
Income
225 500
225 500
225 500
225 500
Total tax
103 222
102 377
114 269
113 356
After tax
122 278
123 123
111 231
112 144
Living cost
37 684
37 684
37 684
37 684
Free-cash
84 594
85 439
73 547
74 460

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101787
₽75831
₽71826
₽88937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 207
trade
-
-
-
29 961
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.

-
-
-
76 492
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.

-
-
-
6 372
total
-
-
-
117 032
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
4 207
-
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.

4 064
-
76 492
-
total
10 659
-
87 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 199
225 500
-
-
chamber of commerce
395
462
-
-
trade
29 314
37 095
-
-
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
1 860
-
-
income
26 729
33 825
-
-
total
57 909
73 242
-
-
Dividends
120 291
152 258
-
-
withholding
29 719
37 711
-
-
surtax

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

1 634
2 074
-
-
total
31 353
39 785
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 921
113 027
87 071
117 032
After tax
125 579
112 473
138 429
108 468
Living cost
36 642
36 642
36 642
36 642
Free-cash
88 937
75 831
101 787
71 826

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118994
₽134050
₽120812
₽130185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
53 593
health
-
-
-
5 751
total
-
-
-
74 435
Employee
71 723
71 723
213 520
-
health
713
1 220
3 630
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
52 614
-
total
11 729
13 812
64 273
-
Employer
71 723
71 723
213 520
-
health
777
1 328
3 951
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
11 980
-
Corporate
179 255
146 497
-
-
income
22 407
18 313
-
-
total
22 407
18 313
-
-
Dividends
156 848
128 185
-
-
withholding
26 664
21 791
-
-
total
26 664
21 791
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 062
61 197
76 253
74 435
After tax
160 438
164 303
149 247
151 065
Living cost
30 253
30 253
30 253
30 253
Free-cash
130 185
134 050
118 994
120 812

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114021
₽109837
₽139512
₽110184
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 110
9 596
188 703
-
health
1 688
672
13 209
-
pensions
2 411
960
18 870
-
unemployment
362
144
2 831
-
income
2 948
1 173
23 069
-
total
7 409
2 949
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.

24 110
9 596
188 703
-
pensions
4 702
1 871
36 797
-
total
4 702
1 871
36 797
-
Corporate
196 688
214 033
-
-
income
17 702
19 263
-
-
total
17 702
19 263
-
-
Dividends
178 986
194 770
-
-
withholding
34 007
37 006
-
-
social contributions
34 793
37 871
-
-
total
68 800
74 877
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 613
98 960
94 776
69 285
After tax
126 887
126 540
130 724
156 215
Living cost
16 703
16 703
16 703
16 703
Free-cash
110 184
109 837
114 021
139 512

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107446
₽157871
₽98340
₽152078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
30 216
pensions
-
-
-
45 100
health
-
-
-
29 315
total
-
-
-
104 631
Employee
26 460
-
168 533
-
unemployment
423
-
2 696
-
pensions
529
-
3 370
-
income
2 979
-
32 494
-
total
3 931
-
38 560
-
Employer
26 460
-
168 533
-
unemployment
212
-
1 349
-
health
3 439
-
21 909
-
pensions
5 292
-
33 707
-
total
8 943
-
56 965
-
Corporate
190 096
225 500
-
-
income
38 019
45 100
-
-
total
38 019
45 100
-
-
Dividends
152 077
180 400
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
50 893
45 100
95 525
104 631
After tax
174 607
180 400
129 975
120 869
Living cost
22 529
22 529
22 529
22 529
Free-cash
152 078
157 871
107 446
98 340

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
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.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103721
-₽2563
₽133112
₽15071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
351
income
-
-
-
64 965
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 559
Employee
32 765
-
206 559
-
health
3 752
-
23 651
-
pensions
3 689
-
7 223
-
income
4 495
-
51 134
-
total
11 936
-
82 008
-
Employer
32 765
-
206 559
-
unemployment
803
-
5 061
-
accident
547
-
3 450
-
pensions
5 328
-
10 431
-
total
6 678
-
18 942
-
Corporate
186 057
225 500
-
-
income

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

167 451
202 950
-
-
total
167 451
202 950
-
-
Dividends
18 606
22 550
-
-
withholding
3 535
4 284
-
-
total
3 535
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
189 600
207 234
100 950
71 559
After tax
35 900
18 266
124 550
153 941
Living cost
20 829
20 829
20 829
20 829
Free-cash
15 071
-2 563
103 721
133 112

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172846
₽206671
₽215691
₽205255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
225 500
-
income
1 888
-
45 100
-
total
1 888
-
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%.

216 057
225 500
-
-
total
-
-
-
-
Dividends
216 057
225 500
-
-
withholding
10 803
11 275
-
-
total
10 803
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
12 691
11 275
45 100
2 255
After tax
212 809
214 225
180 400
223 245
Living cost
7 554
7 554
7 554
7 554
Free-cash
205 255
206 671
172 846
215 691

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111127
₽140822
₽112954
₽134525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
6 737
income
-
-
-
40 674
pensions

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

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
87 693
Employee
33 866
-
189 377
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
40 065
-
total
9 012
-
53 397
-
Employer
33 866
-
189 377
-
unemployment
338
-
1 418
-
accident
271
-
1 515
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 123
-
Corporate
183 098
225 500
-
-
income
38 450
47 355
-
-
total
38 450
47 355
-
-
Dividends
144 648
178 145
-
-
withholding
10 125
12 470
-
-
total
10 125
12 470
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 122
59 825
89 520
87 693
After tax
159 378
165 675
135 980
137 807
Living cost
24 853
24 853
24 853
24 853
Free-cash
134 525
140 822
111 127
112 954

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62136
₽78324
₽82214
₽85886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 829
pensions
-
-
-
9 651
total
-
-
-
80 480
Employee
88 860
-
196 430
-
health
1 464
-
2 615
-
pensions
8 573
-
11 431
-
income
16 018
-
57 442
-
total
26 055
-
71 488
-
Employer
88 860
-
196 430
-
health
1 688
-
3 733
-
pensions
10 492
-
25 337
-
total
12 180
-
29 070
-
Corporate
124 460
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.

23 648
42 844
-
-
total
23 648
42 844
-
-
Dividends
100 812
182 656
-
-
withholding
14 925
41 526
-
-
total
14 925
41 526
-
-
Income
225 500
225 500
225 500
225 500
Total tax
76 808
84 370
100 558
80 480
After tax
148 692
141 130
124 942
145 020
Living cost
62 806
62 806
62 806
62 806
Free-cash
85 886
78 324
62 136
82 214

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180240
₽180568
₽170739
₽176235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
33 825
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
42 527
Employee
16 200
-
219 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
21 910
-
total
3 965
-
26 630
-
Employer
16 200
-
219 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
206 121
225 500
-
-
income
20 612
22 550
-
-
total
20 612
22 550
-
-
Dividends
185 509
202 950
-
-
withholding
9 276
10 148
-
-
total
9 276
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
37 031
32 698
33 026
42 527
After tax
188 469
192 802
192 474
182 973
Living cost
12 234
12 234
12 234
12 234
Free-cash
176 235
180 568
180 240
170 739

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92469
₽60834
₽68516
₽63181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
82 833
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
105 263
Employee
86 476
79 651
208 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
41 546
-
total
34 754
34 365
63 976
-
Employer
86 476
79 651
208 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
123 883
131 901
-
-
income
24 777
26 381
-
-
total
24 777
26 381
-
-
Dividends
99 106
105 520
-
-
withholding
14 867
15 828
-
-
income
21 060
22 423
-
-
total
35 927
38 251
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 598
112 945
81 310
105 263
After tax
114 902
112 555
144 190
120 237
Living cost
51 721
51 721
51 721
51 721
Free-cash
63 181
60 834
92 469
68 516

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101579
₽132466
₽111636
₽124334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 496
social contributions
-
-
-
32 796
income
-
-
-
24 339
health
-
-
-
30 442
total
-
-
-
91 073
Employee
33 517
-
181 121
-
health
4 525
-
24 451
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
2 594
-
income
4 022
-
22 405
-
total
10 726
-
56 750
-
Employer
33 517
-
181 121
-
health
3 017
-
16 301
-
social contributions
8 379
-
28 079
-
total
11 396
-
44 380
-
Corporate
180 588
225 500
-
-
income
34 312
42 845
-
-
total
34 312
42 845
-
-
Dividends
146 276
182 655
-
-
withholding
21 941
27 398
-
-
total
21 941
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 375
70 243
101 130
91 073
After tax
147 125
155 257
124 370
134 427
Living cost
22 791
22 791
22 791
22 791
Free-cash
124 334
132 466
101 579
111 636

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62394
₽80954
₽70300
₽76086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 430
social contributions
-
-
-
46 683
national
-
-
-
64 803
regional
-
-
-
2 926
total
-
-
-
115 842
Employee
82 895
-
225 500
-
social contributions
27 952
-
61 202
-
national
14 364
-
58 558
-
regional
782
-
2 673
-
municipal
439
-
1 315
-
total
43 537
-
123 748
-
Employer
82 895
-
225 500
-
total
-
-
-
-
Corporate
142 605
225 500
-
-
municipal
5 561
8 795
-
-
nationa
34 225
54 121
-
-
total
39 786
62 916
-
-
Dividends
102 818
162 584
-
-
withholding
26 733
42 272
-
-
total
26 733
42 272
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 056
105 188
123 748
115 842
After tax
115 444
120 312
101 752
109 658
Living cost
39 358
39 358
39 358
39 358
Free-cash
76 086
80 954
62 394
70 300

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79619
₽121257
₽85319
₽118354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 551
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
73 101
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
119 599
Employee
30 845
-
199 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
11 434
-
other
-
-
-
-
income
5 170
-
67 521
-
total
10 263
-
99 096
-
Employer
30 845
-
199 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
188 163
225 500
-
-
income
48 922
58 631
-
-
total
48 922
58 631
-
-
Dividends
139 241
166 869
-
-
withholding
20 886
25 030
-
-
total
20 886
25 030
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 564
83 661
125 299
119 599
After tax
138 936
141 839
100 201
105 901
Living cost
20 582
20 582
20 582
20 582
Free-cash
118 354
121 257
79 619
85 319

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82035
₽98223
₽102113
₽104427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 829
pensions
-
-
-
9 651
total
-
-
-
80 480
Employee
59 552
-
196 430
-
health
864
-
2 615
-
pensions
5 055
-
11 431
-
income
10 726
-
57 442
-
total
16 645
-
71 488
-
Employer
59 552
-
196 430
-
health
1 131
-
3 733
-
pensions
6 447
-
25 337
-
total
7 578
-
29 070
-
Corporate
158 370
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.

30 090
42 844
-
-
total
30 090
42 844
-
-
Dividends
128 280
182 656
-
-
withholding
23 853
41 526
-
-
total
23 853
41 526
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 166
84 370
100 558
80 480
After tax
147 334
141 130
124 942
145 020
Living cost
42 907
42 907
42 907
42 907
Free-cash
104 427
98 223
82 035
102 113

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
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.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96752
₽29345
₽104538
₽60909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 376
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.

-
-
-
4 509
national
-
-
-
6 199
pensions
-
-
-
20 745
regional
-
-
-
12 854
health
-
-
-
508
total
-
-
-
47 191
Employee
86 331
-
203 177
-
health
195
-
457
-
pensions
7 253
-
15 567
-
unemployment
-
-
-
-
city
927
-
2 200
-
national
409
-
5 145
-
regional
2 827
-
11 520
-
total
11 611
-
34 889
-
Employer
86 331
-
203 177
-
unemployment
-
-
-
-
health
195
-
457
-
pensions
7 253
-
15 567
-
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.

1 726
-
4 064
-
total
9 174
-
20 088
-
Corporate
129 046
225 500
-
-
regional
27 293
47 693
-
-
national
10 968
19 167
-
-
total
38 261
66 860
-
-
Dividends
90 784
158 640
-
-
withholding
31 774
55 524
-
-
total
31 774
55 524
-
-
Income
225 500
225 500
225 500
225 500
Total tax
90 820
122 384
54 977
47 191
After tax
134 680
103 116
170 523
178 309
Living cost
73 771
73 771
73 771
73 771
Free-cash
60 909
29 345
96 752
104 538

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95700
₽68586
₽64464
₽83709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 207
trade
-
-
-
31 236
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.

-
-
-
76 492
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.

-
-
-
6 372
total
-
-
-
118 307
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
4 207
-
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.

6 592
-
76 492
-
total
13 327
-
87 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 445
225 500
-
-
chamber of commerce
381
458
-
-
trade
29 060
38 673
-
-
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.

1 398
1 860
-
-
income
25 416
33 825
-
-
total
56 255
74 816
-
-
Dividends
113 189
150 682
-
-
withholding
27 944
37 316
-
-
surtax

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

1 536
2 053
-
-
total
29 480
39 369
-
-
Income
225 500
225 500
225 500
225 500
Total tax
99 062
114 185
87 071
118 307
After tax
126 438
111 315
138 429
107 193
Living cost
42 729
42 729
42 729
42 729
Free-cash
83 709
68 586
95 700
64 464

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82529
₽81737
₽90127
₽87252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 990
social contributions
-
-
-
6 425
income
-
-
-
44 225
pensions
-
-
-
34 376
health
-
-
-
11 445
total
-
-
-
103 461
Employee
39 919
-
171 319
-
social contributions
1 138
-
4 880
-
pensions
4 514
-
13 242
-
surtax
-
-
-
-
income
2 356
-
38 758
-
total
8 008
-
56 880
-
Employer
39 919
-
171 319
-
unemployment
1 616
-
6 939
-
health
2 795
-
17 425
-
pensions
6 558
-
22 053
-
other
1 377
-
7 249
-
social contributions
120
-
513
-
total
12 466
-
54 179
-
Corporate
173 114
225 500
-
-
surtax
-
-
-
-
income
48 472
63 141
-
-
total
48 472
63 141
-
-
Dividends
124 642
162 359
-
-
withholding
15 953
20 782
-
-
surtax
-
-
-
-
social contributions
21 437
27 928
-
-
total
37 390
48 710
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 336
111 851
111 059
103 461
After tax
119 164
113 649
114 441
122 039
Living cost
31 912
31 912
31 912
31 912
Free-cash
87 252
81 737
82 529
90 127

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85691
₽84899
₽93289
₽90085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 990
social contributions
-
-
-
6 425
income
-
-
-
44 225
pensions
-
-
-
34 376
health
-
-
-
11 445
total
-
-
-
103 461
Employee
35 634
-
171 319
-
social contributions
1 016
-
4 880
-
pensions
4 030
-
13 242
-
surtax
-
-
-
-
income
1 837
-
38 758
-
total
6 883
-
56 880
-
Employer
35 634
-
171 319
-
unemployment
1 443
-
6 939
-
health
2 494
-
17 425
-
pensions
5 855
-
22 053
-
other
1 230
-
7 249
-
social contributions
106
-
513
-
total
11 128
-
54 179
-
Corporate
178 738
225 500
-
-
surtax
-
-
-
-
income
50 046
63 141
-
-
total
50 046
63 141
-
-
Dividends
128 692
162 359
-
-
withholding
16 472
20 782
-
-
surtax
-
-
-
-
social contributions
22 136
27 928
-
-
total
38 608
48 710
-
-
Income
225 500
225 500
225 500
225 500
Total tax
106 665
111 851
111 059
103 461
After tax
118 835
113 649
114 441
122 039
Living cost
28 750
28 750
28 750
28 750
Free-cash
90 085
84 899
85 691
93 289

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118590
₽117798
₽125039
₽118280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 119
income
-
-
-
33 825
health
-
-
-
15 739
total
-
-
-
80 683
Employee
31 625
-
225 500
-
health
2 207
-
15 739
-
social contributions
4 365
-
31 119
-
income
5 275
-
40 274
-
total
11 847
-
87 132
-
Employer
31 625
-
225 500
-
total
-
-
-
-
Corporate
193 875
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%.

9 694
11 275
-
-
total
9 694
11 275
-
-
Dividends
184 180
214 225
-
-
withholding
27 627
32 133
-
-
health
12 856
14 953
-
-
social contributions
25 418
29 563
-
-
total
65 901
76 649
-
-
Income
225 500
225 500
225 500
225 500
Total tax
87 442
87 924
87 132
80 683
After tax
138 058
137 576
138 368
144 817
Living cost
19 778
19 778
19 778
19 778
Free-cash
118 280
117 798
118 590
125 039

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25907
₽91317
₽82399
₽89877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
903
unemployment
-
-
-
5 721
income
-
-
-
74 933
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
110 235
Employee
46 614
37 171
188 175
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
63 511
-
total
13 749
9 474
83 244
-
Employer
46 614
37 171
188 175
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
5 645
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
8 264
-
surtax
184
184
184
-
chamber of commerce
186
149
752
-
total
13 596
10 882
37 324
-
Corporate
165 289
177 447
184 635
-
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.

41 321
44 362
46 159
-
total
41 321
44 362
46 159
-
Dividends
123 968
133 085
-
-
withholding
34 091
36 599
-
-
total
34 091
36 599
-
-
Income
225 500
225 500
225 500
225 500
Total tax
102 757
101 317
166 727
110 235
After tax
122 743
124 183
58 773
115 265
Living cost
32 866
32 866
32 866
32 866
Free-cash
89 877
91 317
25 907
82 399

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41965
₽88864
₽64151
₽77988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
12 135
national
-
-
-
91 951
total
-
-
-
127 340
Employee

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

66 719
-
174 656
-
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.

3 135
-
8 209
-
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.

5 004
-
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.

581
-
1 519
-
national
20 512
-
66 743
-
communal

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

3 480
-
9 110
-
total
32 712
-
98 681
-
Employer

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

66 719
-
174 656
-
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.

974
-
2 551
-
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.

867
-
2 271
-
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.

4 103
-
10 742
-
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.

5 912
-
15 474
-
surtax
7 565
-
19 807
-
total
19 421
-
50 845
-
Corporate
139 360
225 500
-
-
surtax
558
989
-
-
income
27 873
49 465
-
-
total
28 431
50 454
-
-
Dividends
110 930
175 045
-
-
withholding

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

32 939
52 173
-
-
total
32 939
52 173
-
-
Income
225 500
225 500
225 500
225 500
Total tax
113 503
102 627
149 526
127 340
After tax
111 997
122 873
75 974
98 160
Living cost
34 009
34 009
34 009
34 009
Free-cash
77 988
88 864
41 965
64 151

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88265
₽115888
₽92179
₽109497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 700
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 636
Employee
46 429
-
197 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
70 498
-
total
12 744
-
75 989
-
Employer
46 429
-
197 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
164 272
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.

24 641
33 825
-
-
total
24 641
33 825
-
-
Dividends
139 631
191 675
-
-
withholding
30 133
42 102
-
-
total
30 133
42 102
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 318
75 927
103 550
99 636
After tax
143 182
149 573
121 950
125 864
Living cost
33 685
33 685
33 685
33 685
Free-cash
109 497
115 888
88 265
92 179

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62941
₽75642
₽54417
₽62813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 240
income
-
-
-
44 227
communal
-
-
-
14 252
pensions
-
-
-
33 229
accident
-
-
-
1 869
health
-
-
-
15 578
total
-
-
-
120 395
Employee
70 635
-
201 429
-
health
3 144
-
8 962
-
pensions
5 650
-
16 114
-
surtax
4 329
-
12 344
-
income
6 823
-
50 382
-
total
19 946
-
87 802
-
Employer
70 635
-
201 429
-
accident
635
-
1 813
-
health
2 154
-
6 142
-
pensions
5 650
-
16 114
-
total
8 439
-
24 069
-
Corporate
146 426
225 500
-
-
communal
9 884
15 221
-
-
surtax
1 538
2 368
-
-
income
21 964
33 825
-
-
total
33 386
51 414
-
-
Dividends
113 039
174 086
-
-
withholding
16 955
26 113
-
-
income
33 273
21 643
-
-
total
50 228
47 756
-
-
Income
225 500
225 500
225 500
225 500
Total tax
111 999
99 170
111 871
120 395
After tax
113 501
126 330
113 629
105 105
Living cost
50 688
50 688
50 688
50 688
Free-cash
62 813
75 642
62 941
54 417

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79251
₽120889
₽84951
₽117922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 551
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
73 101
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
119 599
Employee
31 411
-
199 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
11 434
-
other
-
-
-
-
income
5 266
-
67 521
-
total
10 462
-
99 096
-
Employer
31 411
-
199 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
187 476
225 500
-
-
income
48 743
58 631
-
-
total
48 743
58 631
-
-
Dividends
138 733
166 869
-
-
withholding
20 810
25 030
-
-
total
20 810
25 030
-
-
Income
225 500
225 500
225 500
225 500
Total tax
86 628
83 661
125 299
119 599
After tax
138 872
141 839
100 201
105 901
Living cost
20 950
20 950
20 950
20 950
Free-cash
117 922
120 889
79 251
84 951

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75963
₽93400
₽83829
₽91332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 430
social contributions
-
-
-
46 683
national
-
-
-
64 803
regional
-
-
-
3 629
total
-
-
-
116 545
Employee
51 740
-
225 500
-
social contributions
17 447
-
61 202
-
national
8 197
-
58 558
-
regional
697
-
3 336
-
municipal
274
-
1 315
-
total
26 615
-
124 411
-
Employer
51 740
-
225 500
-
total
-
-
-
-
Corporate
173 760
225 500
-
-
municipal
8 636
11 208
-
-
nationa
41 702
54 121
-
-
total
50 338
65 329
-
-
Dividends
123 422
160 172
-
-
withholding
32 089
41 645
-
-
total
32 089
41 645
-
-
Income
225 500
225 500
225 500
225 500
Total tax
109 042
106 974
124 411
116 545
After tax
116 458
118 526
101 089
108 955
Living cost
25 126
25 126
25 126
25 126
Free-cash
91 332
93 400
75 963
83 829

Estimated living cost  is ₽25126 per week

₽15626
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.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96285
₽127172
₽106342
₽117152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 496
social contributions
-
-
-
32 796
income
-
-
-
24 339
health
-
-
-
30 442
total
-
-
-
91 073
Employee
41 301
-
181 121
-
health
5 576
-
24 451
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
2 594
-
income
4 956
-
22 405
-
total
13 217
-
56 750
-
Employer
41 301
-
181 121
-
health
3 717
-
16 301
-
social contributions
10 325
-
28 079
-
total
14 042
-
44 380
-
Corporate
170 156
225 500
-
-
income
32 330
42 845
-
-
total
32 330
42 845
-
-
Dividends
137 827
182 655
-
-
withholding
20 674
27 398
-
-
total
20 674
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 263
70 243
101 130
91 073
After tax
145 237
155 257
124 370
134 427
Living cost
28 085
28 085
28 085
28 085
Free-cash
117 152
127 172
96 285
106 342

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29059
₽94527
₽85692
₽94066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
903
unemployment
-
-
-
5 721
income
-
-
-
74 933
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
110 051
Employee
40 772
37 171
188 345
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
63 596
-
total
11 015
9 474
83 329
-
Employer
40 772
37 171
188 345
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
5 650
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
8 271
-
surtax
-
-
-
-
chamber of commerce
163
149
754
-
total
11 733
10 698
37 154
-
Corporate
172 994
177 631
184 805
-
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.

43 249
44 408
46 201
-
total
43 249
44 408
46 201
-
Dividends
129 745
133 223
-
-
withholding
35 680
36 636
-
-
total
35 680
36 636
-
-
Income
225 500
225 500
225 500
225 500
Total tax
101 677
101 216
166 684
110 051
After tax
123 823
124 284
58 816
115 449
Living cost
29 757
29 757
29 757
29 757
Free-cash
94 066
94 527
29 059
85 692

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168628
₽202453
₽211473
₽200246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
225 500
-
income
2 943
-
45 100
-
total
2 943
-
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%.

210 785
225 500
-
-
total
-
-
-
-
Dividends
210 785
225 500
-
-
withholding
10 539
11 275
-
-
total
10 539
11 275
-
-
Income
225 500
225 500
225 500
225 500
Total tax
13 482
11 275
45 100
2 255
After tax
212 018
214 225
180 400
223 245
Living cost
11 772
11 772
11 772
11 772
Free-cash
200 246
202 453
168 628
211 473

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73125
₽130239
₽78021
₽122437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
338
income
-
-
-
58 752
pensions
-
-
-
41 182
health
-
-
-
22 189
total
-
-
-
122 461
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.

41 246
-
195 121
-
health
2 664
-
12 604
-
pensions
6 393
-
30 245
-
unemployment
58
-
273
-
income
7 113
-
53 856
-
total
16 228
-
96 978
-
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.

41 246
-
195 121
-
unemployment
25
-
117
-
health
2 747
-
12 994
-
pensions
3 650
-
17 268
-
total
6 422
-
30 379
-
Corporate
177 833
225 500
-
-
income
33 788
42 845
-
-
total
33 788
42 845
-
-
Dividends
144 045
182 655
-
-
withholding
21 607
27 398
-
-
total
21 607
27 398
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 045
70 243
127 357
122 461
After tax
147 455
155 257
98 143
103 039
Living cost
25 018
25 018
25 018
25 018
Free-cash
122 437
130 239
73 125
78 021

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173293
₽97185
₽115829
₽53080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
87 245
225 500
-
-
income
19 194
49 610
-
-
total
19 194
49 610
-
-
Dividends
68 051
175 890
-
-
income
14 971
38 696
-
-
total
14 971
38 696
-
-
Income
225 500
225 500
225 500
225 500
Total tax
132 411
88 306
12 198
69 662
After tax
93 089
137 194
213 302
155 838
Living cost
40 009
40 009
40 009
40 009
Free-cash
53 080
97 185
173 293
115 829

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69386
₽99007
₽87582
₽98068
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
78 361
income
-
-
-
30 300
total
-
-
-
108 661
Employee
42 898
-
182 223
-
social contributions
4 719
-
20 044
-
surtax
-
-
515
-
income
8 923
-
63 021
-
total
13 642
-
83 580
-
Employer
42 898
-
182 223
-
social contributions
10 188
-
43 277
-
total
10 188
-
43 277
-
Corporate
172 413
225 500
-
-
surtax
-
-
-
-
income
36 206
47 355
-
-
total
36 206
47 355
-
-
Dividends
136 207
178 145
-
-
withholding
38 139
49 881
-
-
total
38 139
49 881
-
-
Income
225 500
225 500
225 500
225 500
Total tax
98 175
97 236
126 857
108 661
After tax
127 325
128 264
98 643
116 839
Living cost
29 257
29 257
29 257
29 257
Free-cash
98 068
99 007
69 386
87 582

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69391
₽68599
₽76989
₽75012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
6 990
social contributions
-
-
-
6 425
income
-
-
-
44 225
pensions
-
-
-
34 376
health
-
-
-
11 445
total
-
-
-
103 461
Employee
58 419
-
171 319
-
social contributions
1 664
-
4 880
-
pensions
6 608
-
13 242
-
surtax
-
-
-
-
income
5 097
-
38 758
-
total
13 369
-
56 880
-
Employer
58 419
-
171 319
-
unemployment
2 367
-
6 939
-
health
4 089
-
17 425
-
pensions
9 599
-
22 053
-
other
2 016
-
7 249
-
social contributions
175
-
513
-
total
18 246
-
54 179
-
Corporate
148 836
225 500
-
-
surtax
-
-
-
-
income
41 674
63 141
-
-
total
41 674
63 141
-
-
Dividends
107 162
162 359
-
-
withholding
13 716
20 782
-
-
surtax
-
-
-
-
social contributions
18 433
27 928
-
-
total
32 149
48 710
-
-
Income
225 500
225 500
225 500
225 500
Total tax
105 438
111 851
111 059
103 461
After tax
120 062
113 649
114 441
122 039
Living cost
45 050
45 050
45 050
45 050
Free-cash
75 012
68 599
69 391
76 989

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141919
₽174912
₽135927
₽171779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 925
social contributions
-
-
-
49 610
total
-
-
-
61 535
Employee
29 986
-
195 238
-
social contributions
1 949
-
12 691
-
income
-
-
12 590
-
total
1 949
-
25 281
-
Employer
29 986
-
195 238
-
social contributions
4 648
-
30 262
-
total
4 648
-
30 262
-
Corporate
190 866
225 500
-
-
income
19 086
22 550
-
-
total
19 086
22 550
-
-
Dividends
171 779
202 950
-
-
total
-
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
25 683
22 550
55 543
61 535
After tax
199 817
202 950
169 957
163 965
Living cost
28 038
28 038
28 038
28 038
Free-cash
171 779
174 912
141 919
135 927

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22274
₽22274
₽84538
₽11998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 790
labour market
-
-
-
17 975
national
-
-
-
28 467
pensions
-
-
-
809
total
-
-
-
96 041
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
22 275
-
-
-
income
4 900
-
-
-
total
4 900
-
-
-
Dividends
17 374
-
-
-
withholding
5 376
-
-
-
total
5 376
-
-
-
Income
225 500
225 500
225 500
225 500
Total tax
168 581
158 305
158 305
96 041
After tax
56 919
67 195
67 195
129 459
Living cost
44 921
44 921
44 921
44 921
Free-cash
11 998
22 274
22 274
84 538

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104028
-₽2256
₽133419
₽15118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
351
income
-
-
-
64 965
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 559
Employee
32 282
-
206 559
-
health
3 697
-
23 651
-
pensions
3 635
-
7 223
-
income
4 429
-
51 134
-
total
11 761
-
82 008
-
Employer
32 282
-
206 559
-
unemployment
791
-
5 061
-
accident
539
-
3 450
-
pensions
5 249
-
10 431
-
total
6 579
-
18 942
-
Corporate
186 638
225 500
-
-
income

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

167 974
202 950
-
-
total
167 974
202 950
-
-
Dividends
18 664
22 550
-
-
withholding
3 546
4 284
-
-
total
3 546
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
189 860
207 234
100 950
71 559
After tax
35 640
18 266
124 550
153 941
Living cost
20 522
20 522
20 522
20 522
Free-cash
15 118
-2 256
104 028
133 419

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74912
₽101631
₽100744
₽104571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 035
national
-
-
-
45 828
health
-
-
-
3 083
total
-
-
-
88 946
Employee
49 073
-
189 703
-
health
366
-
2 533
-
pensions
3 312
-
12 804
-
unemployment
736
-
2 846
-
national
811
-
29 925
-
municipal
8 038
-
30 873
-
total
13 263
-
78 981
-
Employer
49 073
-
189 703
-
unemployment
319
-
1 234
-
accident
50
-
189
-
health
377
-
1 460
-
pensions
8 514
-
32 914
-
total
9 260
-
35 797
-
Corporate
167 168
225 500
-
-
income
33 434
45 100
-
-
total
33 434
45 100
-
-
Dividends

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

100 300
135 300
-
-
national
11 108
18 605
-
-
municipal
18 054
24 354
-
-
total
29 162
42 959
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 119
88 059
114 778
88 946
After tax
140 381
137 441
110 722
136 554
Living cost
35 810
35 810
35 810
35 810
Free-cash
104 571
101 631
74 912
100 744

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127652
₽142708
₽129470
₽137634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
53 593
health
-
-
-
5 751
total
-
-
-
74 435
Employee
71 723
71 723
213 520
-
health
556
1 220
3 630
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
52 614
-
total
11 077
13 812
64 273
-
Employer
71 723
71 723
213 520
-
health
604
1 328
3 951
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
11 980
-
Corporate
189 513
146 497
-
-
income
23 688
18 313
-
-
total
23 688
18 313
-
-
Dividends
165 824
128 185
-
-
withholding
28 190
21 791
-
-
total
28 190
21 791
-
-
Income
225 500
225 500
225 500
225 500
Total tax
66 271
61 197
76 253
74 435
After tax
159 229
164 303
149 247
151 065
Living cost
21 595
21 595
21 595
21 595
Free-cash
137 634
142 708
127 652
129 470

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159197
₽171927
₽177908
₽167184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
23 448
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
32 783
Employee

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

21 409
-
216 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
21 136
-
total
6 601
-
42 377
-
Employer

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

21 409
-
216 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
201 887
225 500
-
-
income
18 169
20 295
-
-
total
18 169
20 295
-
-
Dividends
183 718
205 205
-
-
withholding
16 534
18 469
-
-
total
16 534
18 469
-
-
Income
225 500
225 500
225 500
225 500
Total tax
43 507
38 764
51 494
32 783
After tax
181 993
186 736
174 006
192 717
Living cost
14 809
14 809
14 809
14 809
Free-cash
167 184
171 927
159 197
177 908

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
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.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96301
₽123924
₽100215
₽119804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 700
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 636
Employee
34 489
-
197 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
70 498
-
total
8 839
-
75 989
-
Employer
34 489
-
197 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
180 016
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.

27 002
33 825
-
-
total
27 002
33 825
-
-
Dividends
153 014
191 675
-
-
withholding
33 211
42 102
-
-
total
33 211
42 102
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 047
75 927
103 550
99 636
After tax
145 453
149 573
121 950
125 864
Living cost
25 649
25 649
25 649
25 649
Free-cash
119 804
123 924
96 301
100 215

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143426
₽138813
₽143561
₽138501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
income
-
-
-
77 651
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
80 040
Employee
2 893
-
223 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
77 578
-
total
994
-
78 616
-
Employer
2 893
-
223 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
221 956
225 500
-
-
income
48 830
49 610
-
-
total
48 830
49 610
-
-
Dividends
173 126
175 890
-
-
withholding
34 625
35 178
-
-
total
34 625
35 178
-
-
Income
225 500
225 500
225 500
225 500
Total tax
85 100
84 788
80 175
80 040
After tax
140 400
140 712
145 325
145 460
Living cost
1 899
1 899
1 899
1 899
Free-cash
138 501
138 813
143 426
143 561

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130828
₽146791
₽130829
₽142202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
52 478
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
78 538
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.

24 328
-
213 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
52 478
-
total
8 194
-
66 198
-
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.

24 328
-
213 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
196 817
225 500
-
-
income
29 523
33 825
-
-
total
29 523
33 825
-
-
Dividends
167 295
191 675
-
-
withholding
25 094
28 751
-
-
total
25 094
28 751
-
-
Income
225 500
225 500
225 500
225 500
Total tax
67 165
62 576
78 539
78 538
After tax
158 335
162 924
146 961
146 962
Living cost
16 133
16 133
16 133
16 133
Free-cash
142 202
146 791
130 828
130 829

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73497
₽103118
₽91693
₽102781
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
78 361
income
-
-
-
30 300
total
-
-
-
108 661
Employee
36 201
-
182 223
-
social contributions
3 983
-
20 044
-
surtax
-
-
515
-
income
7 074
-
63 021
-
total
11 057
-
83 580
-
Employer
36 201
-
182 223
-
social contributions
8 597
-
43 277
-
total
8 597
-
43 277
-
Corporate
180 702
225 500
-
-
surtax
-
-
-
-
income
37 948
47 355
-
-
total
37 948
47 355
-
-
Dividends
142 754
178 145
-
-
withholding
39 971
49 881
-
-
total
39 971
49 881
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 573
97 236
126 857
108 661
After tax
127 927
128 264
98 643
116 839
Living cost
25 146
25 146
25 146
25 146
Free-cash
102 781
103 118
73 497
91 693

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89170
₽116793
₽93084
₽110689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 700
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 636
Employee
45 047
-
197 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
70 498
-
total
12 267
-
75 989
-
Employer
45 047
-
197 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
166 091
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.

24 913
33 825
-
-
total
24 913
33 825
-
-
Dividends
141 178
191 675
-
-
withholding
30 489
42 102
-
-
total
30 489
42 102
-
-
Income
225 500
225 500
225 500
225 500
Total tax
82 031
75 927
103 550
99 636
After tax
143 469
149 573
121 950
125 864
Living cost
32 780
32 780
32 780
32 780
Free-cash
110 689
116 793
89 170
93 084

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176422
₽176750
₽166921
₽171063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
33 825
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
42 527
Employee
21 255
-
219 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
21 910
-
total
5 204
-
26 630
-
Employer
21 255
-
219 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
200 075
225 500
-
-
income
20 007
22 550
-
-
total
20 007
22 550
-
-
Dividends
180 067
202 950
-
-
withholding
9 003
10 148
-
-
total
9 003
10 148
-
-
Income
225 500
225 500
225 500
225 500
Total tax
38 385
32 698
33 026
42 527
After tax
187 115
192 802
192 474
182 973
Living cost
16 052
16 052
16 052
16 052
Free-cash
171 063
176 750
176 422
166 921

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102419
₽79943
₽76283
₽92145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 207
trade
-
-
-
26 136
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.

-
-
-
76 492
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.

-
-
-
6 372
total
-
-
-
113 207
Employee

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

46 409
-
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.

6 372
-
6 372
-
surtax

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

211
-
4 207
-
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.

3 816
-
76 492
-
total
10 399
-
87 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 091
225 500
-
-
chamber of commerce
404
473
-
-
trade
25 699
32 360
-
-
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
1 860
-
-
income
26 864
33 825
-
-
total
54 445
68 518
-
-
Dividends
124 646
156 982
-
-
withholding
30 807
38 891
-
-
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.

1 694
2 138
-
-
total
32 501
41 029
-
-
Income
225 500
225 500
225 500
225 500
Total tax
97 345
109 547
87 071
113 207
After tax
128 155
115 953
138 429
112 293
Living cost
36 010
36 010
36 010
36 010
Free-cash
92 145
79 943
102 419
76 283

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58544
₽104717
₽58544
₽106779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 784
social contributions
-
-
-
39 040
total
-
-
-
113 824
Employee
72 960
-
225 500
-
social contributions
6 061
-
39 040
-
income
13 767
-
74 784
-
total
19 828
-
113 824
-
Employer
72 960
-
225 500
-
total
-
-
-
-
Corporate
152 540
225 500
-
-
income
19 067
28 188
-
-
total
19 067
28 188
-
-
Dividends
133 473
197 312
-
-
withholding
26 694
39 463
-
-
total
26 694
39 463
-
-
Income
225 500
225 500
225 500
225 500
Total tax
65 589
67 651
113 824
113 824
After tax
159 911
157 849
111 676
111 676
Living cost
53 132
53 132
53 132
53 132
Free-cash
106 779
104 717
58 544
58 544

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122741
₽107788
₽152135
₽111048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 682
total
-
-
-
39 507
Employee
42 788
-
221 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
60 319
-
total
8 930
-
64 610
-
Employer
42 788
-
221 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
178 425
225 500
-
-
income
62 449
78 926
-
-
total
62 449
78 926
-
-
Dividends
115 976
146 574
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
225 500
225 500
225 500
225 500
Total tax
80 594
83 854
68 901
39 507
After tax
144 906
141 646
156 599
185 993
Living cost
33 858
33 858
33 858
33 858
Free-cash
111 048
107 788
122 741
152 135

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90060
₽106248
₽110138
₽111810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 829
pensions
-
-
-
9 651
total
-
-
-
80 480
Employee
47 881
-
196 430
-
health
625
-
2 615
-
pensions
3 654
-
11 431
-
income
8 719
-
57 442
-
total
12 998
-
71 488
-
Employer
47 881
-
196 430
-
health
910
-
3 733
-
pensions
4 837
-
25 337
-
total
5 747
-
29 070
-
Corporate
171 872
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.

32 657
42 844
-
-
total
32 657
42 844
-
-
Dividends
139 215
182 656
-
-
withholding
27 406
41 526
-
-
total
27 406
41 526
-
-
Income
225 500
225 500
225 500
225 500
Total tax
78 808
84 370
100 558
80 480
After tax
146 692
141 130
124 942
145 020
Living cost
34 882
34 882
34 882
34 882
Free-cash
111 810
106 248
90 060
110 138

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101996
-₽4288
₽131387
₽14807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 500
other
-
-
-
351
income
-
-
-
64 965
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 559
Employee
35 478
-
206 559
-
health
4 062
-
23 651
-
pensions
3 995
-
7 223
-
income
4 867
-
51 134
-
total
12 924
-
82 008
-
Employer
35 478
-
206 559
-
unemployment
869
-
5 061
-
accident
592
-
3 450
-
pensions
5 768
-
10 431
-
total
7 229
-
18 942
-
Corporate
182 792
225 500
-
-
income

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

164 513
202 950
-
-
total
164 513
202 950
-
-
Dividends
18 279
22 550
-
-
withholding
3 473
4 284
-
-
total
3 473
4 284
-
-
Income
225 500
225 500
225 500
225 500
Total tax
188 139
207 234
100 950
71 559
After tax
37 361
18 266
124 550
153 941
Living cost
22 554
22 554
22 554
22 554
Free-cash
14 807
-4 288
101 996
131 387

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154266
₽159901
₽133742
₽157076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
38 103
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
79 151
Employee

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

20 172
-
225 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
38 103
-
total
7 565
-
58 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 328
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%.

20 533
22 550
-
-
total
20 533
22 550
-
-
Dividends
184 796
202 950
-
-
withholding
27 719
30 442
-
-
total
27 719
30 442
-
-
Income
225 500
225 500
225 500
225 500
Total tax
55 817
52 992
58 627
79 151
After tax
169 683
172 508
166 873
146 349
Living cost
12 607
12 607
12 607
12 607
Free-cash
157 076
159 901
154 266
133 742

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61945
₽81619
₽69603
₽77376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 609
social contributions
-
-
-
46 683
national
-
-
-
64 803
regional
-
-
-
5 644
total
-
-
-
118 739
Employee
78 598
-
225 500
-
social contributions
26 503
-
61 202
-
national
13 282
-
58 558
-
regional
1 187
-
5 159
-
municipal
469
-
1 478
-
total
41 441
-
126 397
-
Employer
78 598
-
225 500
-
total
-
-
-
-
Corporate
146 902
225 500
-
-
municipal
7 080
10 870
-
-
nationa
35 257
54 121
-
-
total
42 337
64 991
-
-
Dividends
104 565
160 510
-
-
withholding
27 188
41 732
-
-
total
27 188
41 732
-
-
Income
225 500
225 500
225 500
225 500
Total tax
110 966
106 723
126 397
118 739
After tax
114 534
118 777
99 103
106 761
Living cost
37 158
37 158
37 158
37 158
Free-cash
77 376
81 619
61 945
69 603

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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